Cambodia's Anti-Corruption Unit receives 800 complaints in 8 months
Cambodia’s Anti-Corruption Unit (ACU) has received about 800 corruption-related complaints in the first eight months of this year, exceeding the whole last year of only 700 cases, Om Yintieng, ACU’s Chairman, said Thursday Cambodia is riddled with bribery and corruption. The Government of Cambodia sees corruption ...
Cambodia records 1.51 bln trade deficit in 7 months
Cambodia reported a trade deficit of 34 percent in equivalent to 1.51 billion U.S. dollars in the first seven of this year, the report of the Commerce Ministry showed on Thursday. During January-July period this year, the country’s total import and export value was 7.45 billion ...
http://www.nzweek.com/world/cambodia-records-1-51-bln-trade-deficit-in-7-months-7684/
Vietnam Confirms Stake in Sesan Dam Bought by Chinese Firm
A representative of Vietnamese state-owned electricity giant Electricity Vietnam International (EVNI) confirmed yesterday that their stake In a dam project In Stung Treng provInce has been bought out by their Cambodian and ChInese busIness counterparts. While Royal Group chairman Kith Meng has maIntaIned that EVNI still ...
ADB announces 3-year pipeline to boost develpment in Cambodia
The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.S. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ...
http://news.xinhuanet.com/english/world/2012-12/18/c_132048224.htm
Cambodia greets 3.2 mln foreigners in Jan.-Nov. 2012
Cambodia has greeted some 3.2 million foreigners in the first eleven months of 2012, up 24 percent compared with 2.58 million visitors in the same period a year earlier, showed the latest statistics of Tourism Ministry on Thursday. From January to November last year, Vietnam topped ...
http://news.xinhuanet.com/english/world/2013-01/03/c_132077998.htm
Cambodia sees 2.65 bln USD trade deficit in 2012
Cambodia recorded a trade deficit of 2.65 billion U.S. dollars in 2012, according to the government’s statistics on Wednesday. The country’s total import and export volume had reached 13.63 billion U.S. dollars last year, up 19 percent from 11.48 billion U. S. dollars in a year ...
http://news.xinhuanet.com/english/business/2013-01/09/c_132091653.htm
Cambodian economy expected to grow 7 pct in 2013: official
Cambodia’s GDP is projected to grow by 7 percent this year even though the global economy remains fragile and high risk due to persisting sovereign debt crisis in Europe and sluggish economic recovery in the United States, a commerce official said Monday. Last Tuesday, the ...
Maybank to increase branches in Cambodia to 20, from 12
Maybank Bhd is looking to increase its presence in Cambodia, by raising the number of its branches to 20 from 12 currently. Speaking at a public panel dialogue organised by The Wharton School about the economic prospects of the ASEAN region, Maybank’s CEO Datuk Sri Abdul ...
Prosecutors tell court to drop charge in land dispute case
Prosecutors yesterday recommended that the Ratanakkiri Provincial Court drop charges against two human rights activists and a radio reporter accused in 2009 of inciting villagers involved in a land dispute against agro-business firm DM Group. Deputy prosecutor Ros Saram told the Post that because he ...
Port in Kampot to turn province into regional trade hub
Kampot Port Co will break ground on a Kampot port in September, company officials said yesterday. The port will be an important part of a long-delayed Kampot Special Economic Zone (KSEZ), which is hoped to revitalise trade and commerce in the province. Vinh Huor, president of the ...
New iPad to Be Released In Cambodia on Friday
Two months after it was unveiled and released in the U.S., Apple inc.’s newest version of the iPad will be released Friday in Cambodia, according to the website of the California-based technology giant. Though suppliers of the iPad in Cambodia were tightlipped yesterday on the number ...
Plans for Angkor Restoration To Be Discussed in Siem Reap
Representatives from international and national teams involved in the restoration and preservation of the Angkor Archeological Park are meeting today in Siem Reap City to discuss the future of the site. Gathered for the Technical Session of the international Coordinating Committee of Angkor (ICC), the representatives ...
ILO Releases its Report in World Day Against Child Labor
During the celebration of world day against child labor, ILO also released its message about the situation of child labor in Cambodia. June 12th is a very important day for all of us, ILO said, adding that we recognize efforts made to promote children’s rights for the children of this country, and share ...
The Southeast Asia Weekly, P. 10
http://thesoutheastasiaweekly.com/
Property prices jump in the first half of the year
Property prices in both in Phnom Penh and the surrounding suburbs have increased around 10 percent in the first half of 2012 as more foreign investors buy up new condominiums and banks provide more housing loans, say real estate experts. After years of flat prices due to weak demand in the wake of ...
Hundreds Rally to Stop Forced Land Evictions in Phnom Penh
Hundreds of families from more than a dozen communities joined local human rights groups yesterday as they rallied outside the National Assembly for World Habitat Day, calling for an end to forced land evictions in Phnom Penh. Among those protesting were residents from the Boeng ...
http://www.cambodiadaily.com/hundreds-rally-to-stop-forced-land-evictions-in-phnom-penh/
Concerns over Cambodia's use of students in land titling scheme
Hun Sen’s titling plan was announced in June and is intended to resolve land conflict stemming from the Khmer Rouge regime’s ban on private property in the 1970s. Around 1,600 students have been sent around the country to demarcate 4.4 million acres of uncontested territory, which ...
PM arrives in Cambodia to attend ASEAN, East Asia summits
Prime Minister Manmohan Singh arrived in the Cambodian capital on Sunday to attend the ASEAN and East Asia Summits which will provide an opportunity for india to enhance its economic cooperation with the region amid lingering financial crisis in the western world. Singh is here for ...
http://ibnlive.in.com/news/pm-arrives-in-cambodia-to-attend-asean-east-asia-summits/306128-3.html
Cambodia greets 2.86 mln foreign visitors in 10 months
Cambodia attracted approximately 2.86 million international tourists in the first ten months of this year, up 24 percent over the same period last year, a report of the tourism ministry showed Wednesday. The report said Vietnam remains the largest source of foreign visitors to Cambodia ...
http://news.xinhuanet.com/english/travel/2012-11/28/c_132004445.htm
Canadian Aid for Communal Land Titles to End in March
Canadian funding for ethnic minority communities in the process of applying for communal land titles will run out in March, and other donors have not yet signed up to take over the task, officials from the Canadian international Development Agency (CIDA), which currently provides the ...
Residents in the way of satellite city debate compensation plans
Commune and city officials met yesterday with the developer of the Chroy Changvar satellite city and residents of the area affected by construct-ion [sic] to discuss compensation for the displaced. The development, under construction by the Overseas Cambodian Investment Corporation, will affect more than 31 hectares ...