Charcoal prices rise in urban areas
Deforestation and Cambodia’s strong economic growth have resulted in an increase in the price of charcoal, an energy source the poor are dependent on, charcoal vendors say. The price of charcoal in Phnom Penh had increased at least 200 riel ($0.05) a kilogram compared to 2012, charcoal ...
http://www.phnompenhpost.com/2013022661597/Business/charcoal-prices-rise-in-urban-areas.html
CNRP Proposes Minimum Wage Law for Garment, State Workers
The Cambodian National Rescue Party (CNRP) has submitted a new law to the National Assembly for consideration that would institute a minimum monthly wage of $150 for garment workers and $250 for civil servants, the newly formed opposition party announced at a press conference yesterday. The ...
Cambodian, Chinese entrepreneurs meet to seek business chances
The 2013 China’s Zhejiang and Cambodia matchmaking symposium was held here on Tuesday to seek opportunities to expand business ties between China and Cambodia. Gong Zheng said the Chinese firms are doing businesses in the fields of agriculture, infrastructure development, construction and real estate, mineral ...
http://news.xinhuanet.com/english/china/2013-03/05/c_132210667.htm
Stocks still an unknown for many Cambodians
Despite interest in participating in the stock market, confusion as to how and where to invest in the Cambodia Securities Exchange still persists among many Cambodians without close ties to or backgrounds in trading. After the much-anticipated and long-delayed launch of CSX trading last week, Soun Sokret, an ...
Cambodia closes probe into activist's shooting
The Cambodian government on Saturday said it had closed its investigation into the fatal shootings of a well-known activist and a military police officer after the arrest of a security guard. Ran Boroth accidentally shot dead In Rattana, a military policeman who had just gunned down ...
Shadow Cast Over Future of Forest Patrols
More than two weeks after the murder of conservationist Chut Wutty in the forests of the Cardamom Mountains, the future of his small NGO remains in doubt. But NGOs and communities who worked with Chut Wutty over the years say the larger fate of his ...
Cambodian forest campaigners fight rampant logging
KOH KONG, Cambodia – Frustrated by government inaction, Cambodian citizen patrollers are risking their lives to take on the country’s illegal loggers in a bid to save their shrinking forests. The shooting of a prominent environmentalist by a military policeman last month after he refused to ...
http://www.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20120527-348666.html
Rice Farmers Struggle Despite Production Growth
High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...
Mining firm expects quick silver exploits
A mining outfit in Battambang province will begin copper and silver extraction within two years, the company’s chief executive said yesterday. Wild Bull Resources, an Australian firm partnering with local miner Angkor Thumopich Resources (atR), would join a small group of companies claiming a quick turnaround ...
http://www.phnompenhpost.com/index.php/2012062556990/Business/mining-silver-exploits.html
Cambodia Comforts Worried Summit
While the financial problems of Europe created a worried mood for the Group of 20 leaders at Los Cabos, Mexico, last week, a bright spot was Prime Minister Hun Sen’s representation of Cambodia’s ASEAN chairmanship, according to lawyer and government adviser Sok Siphana, who accompanied ...
http://www.phnompenhpost.com/index.php/2012062757035/Business/cambodia-comforts-summit.html
Adidas joins fashion district
Phnom Penh now offers Adidas brand-name sportswear at #90 Sihanouk Boulevard just west of the Independence Monument in the latest enhancement of what has become Cambodia’s fashion district. Phnom Penh’s movers and shakers were on hand for Saturday night’s Adidas launch event with a tent-enclosed street-side stage adjacent ...
http://www.phnompenhpost.com/index.php/2012080657821/Business/adidas-joins-fashion-district.html
Hundreds of Preah Sihanouk Families Forced From Homes
More than 100 families in Preah Sihanouk province were forcefully removed from their homes yesterday morning by at least 100 armed police officers who dispersed the crowd by firing shots into the air from AK-47 rifles and spraying villagers with water cannons, accoring to provincial ...
Bank Would Back Firm to Take Over Rail Project
The Asian Development Bank (ADB), which has so far contributed $84 million toward the rehabilitation of Cambodia’s dilapidated railway network, said yesterday it would support a deal to drop the current railway operator if it means the new concessionaire would foot the $60 to $100 million needed ...
Hun Sen Adds Voice to Reactions Against UN Envoy's Report
Prime Minister Hun Sen yesterday appeared to add his voice to the strong government reaction against criticism from U.N. human rights envoy Surya Subedi. Mr. Subedi last month delivered reports on human rights and economic land concessions in Cambodia to the U.N. Human Rights Council in Geneva. His ...
MFI deposits seen growing
The value of deposits with Cambodia’s 31 microfinance institutions grew more than 96 per cent in the first nine months of the year compared to last year, a rise industry experts say is due to the political stability and economic growth of the Kingdom. Official data ...
http://www.phnompenhpost.com/index.php/2012110859631/Business/mfi-deposits-seen-growing.html
Prey Lang activists halted on road
More than 300 activists from Kampong Thom province’s Prey Lang Community Network were stopped by district police yesterday as they were marching from the Vietnamese-owned CRCK Company to deliver a lawsuit in Sandan district calling for the postponement of alleged forest clearing and the “invasion” ...
http://www.phnompenhpost.com/2013021461350/National/prey-lang-activists-halted-on-road.html
Stronger ties with Cambodia sought ahead of rice-trading zone
Thailand will forge closer ties with Cambodia and other neighbouring countries to increase competency in rice trading and boost the bargaining power of Asean countries by setting up a rice-trading zone soon. Also, Thailand will expand crop cooperation to cassava to raise farm incomes in the ...
Hun Sen Seeks Garment Factory Vote
Prime Minister Hun Sen on Saturday asked some 4,000 garment factory workers for their votes in July’s national elections at a rally in Phnom Penh attended by members of several CPP-aligned unions, according to those in attendance. Cambodian Union Federation president Choun Mom Thol said ...
Cambodia explores carbon
Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...
http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html
Despite Law, Minority Rights Receive Very Few Protections
The government does little to protect the rights and livelihoods of the country’s many ethnic minorities who are under constant threat from rapid development, representatives of indigenous groups said yesterday. “We have polices laws and guidelines to protect indigenous people, but we see that it doesn’t ...