Cambodia plans 3.1 bln USD for national expenses next year: minister
Cambodia planned to allocate 3. 1 billion U.S. dollars, in equivalent to 19.8 percent of the country’s GDP, for national expenses in 2013, a 12.9 percent rise year-on-year, finance minister Keat Chhon said Friday. Speaking to reporters after a meeting at the National Assembly, the minister ...
Bicycle tours take people off the beaten path around Cambodia
Cycling is becoming increasingly popular in Cambodia, and bicycle tours are being seen as an active and exciting way for tourists to see the less noticed parts of the kingdom, said Adam Platt-Hepworth, the regional manager of Grasshopper Adventures, a bike tour company. Grasshopper Adventures, at ...
Police Search Home of Luxury Wood Trader in Kratie
The Kratie Provincial Court yesterday issued a search warrant for the home of Chum Vuthy, a man who allegedly trades in luxury wood, in Kratie City, provincial police said. Mr. Vuthy had been transporting a load of illegal lumber from Stung Treng City to Vietnam and ...
S'ville Port Likely to Miss Bourse Registration Date
An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...
South China Sea centre of ASEAN talks again
There was a sense of déjà vu at the Peace Palace yesterday as a week of largely closed-door ASEAN meetings kicked off in earnest with the same contentious issue that so dominated April’s ASEAN Summit: a code of conduct for the South China Sea. With China ...
Cambodia's banking industry sees 31 pct lending growth in last 12 months
Loan demands from Cambodia’s banking industry had surged by 31 percent in the last twelve months thanks to the growing business activities in trade, real estate, agriculture and manufacturing, a central bank’s senior official said Tuesday. As of June 2012, the kingdom’s 32 commercial banks had ...
http://www.chinadaily.com.cn/xinhua/2012-07-24/content_6528755.html
Hun Sen Announces Talks to Begin on Huge Free Trade Zone
A plan to create a free trade area covering roughly half the world’s population by 2015 was initiated yesterday by regional and world leaders meeting in Phnom Penh. During the Asean and related meetings at his office, Prime Minister Hun Sen announced that the group of ...
Rights Groups Say Work to Go On Despite Hun Sen's Remarks
Rights groups said they will continue to advocate in land grabbing and eviction cases, and villagers involved in such disputes said they will continue to turn to NGOs for help despite a warning by Prime Minister Hun Sen for civil society to stay clear of ...
Real Estate Mondays launches
A group of local property agents has initiated a monthly gathering for real estate professionals and those interested in the industry to meet and share business ideas and industry insights. The first of the monthly gatherings, known as Real Estate Monday, was held this week at ...
http://www.phnompenhpost.com/index.php/Real-Estate/real-estate-mondays-launches.html
Court Releases Anti-Eviction Activist, but Charge Stands
The Phnom Penh Municipal Court yesterday convicted 64-year-old Borei Keila resident Tim Sakmony for making a false declaration, but released the anti-eviction activist owing to time already served in prison. Ms. Sakmony’s day in court came, without explanation, at precisely the same time as the trial ...
Vietnam listed in top five investors in Cambodia
The figures were released at a recent conference reviewing three years of Vietnamese trade and investment promotion in Cambodia, held by the Association of Vietnamese Investors in Cambodia (AVIC) in Phnom Penh. In 2010, Vietnam had only 41 investment projects totaling US$566 million in Cambodia. AVIC has ...
http://talkvietnam.com/2012/12/vietnam-listed-in-top-five-investors-in-cambodia/#.UNvPbqzfmW4
Rail Operator Still Awaiting Approval for Cargo
Despite the inaugural train traveling between Phnom Penh and Sihanoukville by a new rail link a month ago, no goods have yet been transported between the capital and the country’s largest port. Toll Royal Railways, a joint venture between Australia’s Toll Group and local conglomerate Royal ...
Government promotes clean cities in Cambodia
Tourism officials have launched a new initiative called the Eco-Club designed to promote environmental awareness and improve the image of Cambodian cities through better management and disposal of plastic bags. The program aims to recruit Cambodian youth to spread the word and educate the broader community ...
http://www.phnompenhpost.com/Business/government-promotes-clean-cities-in-cambodia.html
Firm Ordered to Temporarily Stop Clearing in Prey Long Forest
Authorities in Kompong Thom province have ordered the owners of a Vietnamese rubber company to temporarily cease the clearing of part of Prey Long forest after local farmers alleged that the firm was encroaching on villagers’ land. About 300 members of the Prey Long People’s Network ...
Most land disputes in Cambodia unsettled
Less than 30 per cent of complaints filed to the government’s National Authority for Land Dispute Resolution (NALDR) throughout 2012 were resolved, according to its annual report released yesterday. According to the document, distributed yesterday at the NALDR annual convention, the government body, which comprises representatives ...
http://www.phnompenhpost.com/2013022161535/National/most-land-disputes-in-cambodia-unsettled.html
Strings attached to Thai firm’s offer
Cambodia migrant workers seeking to leave allegedly exploitative conditions at the Phatthana Seafood factory in southern Thailand said yesterday that they were still being forced to pay to get their passports back. The factory, which exports fish to buyers across the world including Walmart, has come ...
ICT growth continues
The expansion of Cambodia’s information and communications technology sector was highlighted at the ICT Expo on Diamond Island yesterday, as the sector’s bellwether companies continue to eye the Kingdom. Sony Corp, which took part in the eighth annual expo for the first time this year, set ...
http://www.phnompenhpost.com/index.php/2012050455965/Business/ict-growth-continues.html
Radio Competition Aims To Teach Labor Law
A radio competition organized by the International Labor Organization’s (ILO) Better Factories Cambodia will enable garment workers to showcase their knowledge and teach the public about the country’s Labor Law, an ILO representative said yesterday. “The objective is not only to allow workers to express their ...
KR commerce scrutinized
Democratic Kampuchea’s commerce committee was under the leadership of co-accused Khieu Samphan and Ieng Sary, testimony by former national bank deputy director Sar Kimlomouth revealed yesterday at the Khmer Rouge tribunal. Although the Khmer Rouge regime had eliminated currency and attempted to turn the nation into ...
http://www.phnompenhpost.com/index.php/2012060156534/National-news/kr-commerce-scrutinized.html
Questions raised over migrant worker death
Authorities are investigating the death of a Cambodian worker that took place on Monday outside a factory in Thailand’s Songkhla province, a Ministry of Foreign Affairs spokesman said yesterday. Phan Chem, a representative of Cambodian workers at Siam International Food Co said a 19-year-old worker ...