Investors Look For Hotel Opportunities In Southeast Asia
Hotel transaction volumes in Asia hit US$620 million (Bt18.18 billion) in the first quarter, up 190 per cent from the same period last year, and properties in Southeast Asia are attracting investor attention, according to real-estate services company Jones Lang LaSalle. “Rising visitor arrivals, robust trading ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NGM4ODkxZTEzMjg
Non-Government Groups Take Stock of the Country’s Rights Records
The government’s abuse of land rights and indigenous minorities were among the top concerns raised Tuesday by non-governmental groups at a workshop in Phnom Penh on Cambodia’s progress toward achieving a long list of U.N. human rights recommendations. As part of the U.N. Human Rights Council’s ...
http://www.cambodiadaily.com/news/non-government-groups-take-stock-of-countrys-rights-record-21113/
Asian garment industry to undergo further segmentation
The Asian garment manufacturing industry will undergo further segmentation in the next three to four years as competition becomes more intense, experts said. China, Thailand and Vietnam will mainly produce high-end clothing, while Bangladesh, Laos, Burma and Cambodia will mainly produce low-end clothing. Lu Qijian, ...
http://usa.chinadaily.com.cn/business/2013-07/15/content_16778408.htm
Tax revenue sees a 27 per cent jump
The Kingdom’s tax revenue increased 27.85 per cent in the first two months compared to a year earlier, a figure the opposition party said is low due to corruption and tax cheats. According to the data from the General Department of Taxation (GDT), total tax revenue ...
http://www.phnompenhpost.com/2013032864735/Business/tax-revenue-sees-a-27-per-cent-jump.html
The price of land development in Cambodia
Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...
Decision Pending in Dispute Between Villagers, Businesswoman
Farmers in Kompong Chhnang province locked in a land dispute with a local businesswoman are waiting for the government to make a decision on who owns the property after student volunteers measured the area earlier this month as part of Prime Minister Hun Sen’s nationwide ...
http://www.cambodiadaily.com/news/decision-pending-in-dispute-between-villagers-businesswoman-20022/
Worse than Potholes, Street 63 Roadwork Hurts City’s Image
Skyscrapers, supermarkets and high-end clothing stores along Sihanouk Boulevard may reflect the increasingly affluent side of Phnom Penh, but turning down busy Street 63 toward Central Market the scene is more warzone than Asean capital, with air thick with dust and the road peppered with ...
http://www.cambodiadaily.com/news/worse-than-potholes-street-63-roadwork-hurts-citys-image-28799/
Housing development on Cambodian islands not the right time yet
Although currently there are a lot of development projects for resorts and guesthouses on various islands off Cambodia’s coast, experts say it is not the right time for such developments. Po Eavkong, managing director of Asia Real Estate Cambodia, said the development activities on islands in ...
Bribes remain rampant: TI
Despite facing a rampant graft problem that has seen Cambodians paying bribes far more often than their regional neighbors, they have growing faith in the government’s ability to fight it, a Transparency International survey has found. TI’s 2013 Global Corruption Barometer, which measures perceptions of corruption ...
http://www.phnompenhpost.com/national/bribes-remain-rampant-survey
Some Return After Eviction From Coastal Resort Development
Thousands of people have been evicted from their homes to make way for a Chinese development in Koh Kong province. But some of the families have returned to their land, leaving a relocation site they say was insufficient for their needs. For families like those of ...
Social media shows election day muscle
Illustrating a rapidly changing information network in Cambodia, social media played a major role yesterday, as images and videos that appeared to depict fraudulent election activity went viral on Facebook and Twitter. Videos of voters washing off the supposedly indelible security ink used to identify those ...
http://www.phnompenhpost.com/national/social-media-shows-election-day-muscle
Ethnic-Vietnamese Cambodians Prevented From Voting in Kandal
SA’ANG DISTRICT, Kandal province – Liv Yang Bin, 66, has voted four times, but on Sunday he could not make it a fifth. Three times on Sunday, Mr. Yang Bin went to his local polling station at a school here in Kandal province, but each time ...
Denise Hruby and Mech Dara
http://www.cambodiadaily.com/elections/ethnic-vietnamese-cambodians-prevented-from-voting-in-kandal-37225/
Report Says Quarter of Forests Have Been Cleared in 40 Years
Cambodia has lost almost a quarter of its forests in the past 40 years due to rapid development and China’s demand for timber, according to a new report released yesterday by the World Wildlife Fund (WWF) on the Greater Mekong Region. Looking at five countries in ...
New Governor Promises to Solve Land Disputes
Phnom Penh’s new governor used his swearing in ceremony to Friday to boldly vow to solve some of the municipality’s longest-running and most high-emotive land disputes. Pa Socheatvong officially took over on Friday from outgoing governor Kep Chuktema, who served as the city’s chief for 10 ...
http://www.cambodiadaily.com/news/new-governor-promises-to-solve-land-disputes-21897/
Opposition Lawmakers Want ‘Social’ Land to Go to Farmers
Cambodian lawmakers have passed a new law on agriculture, but critics say the law does not go far enough to protect the country’s farmers. The law passed on Thursday evening, but not before debate at the National Assembly. During the debate opposition representatives called on the ...
Timing of stats questioned
For the first time in recent memory, the Ministry of Economy and Finance has released growth projections for the first half of the year, and the numbers are good. The ministry’s preliminary data claims that from January through June, economic growth stood at 7.6 per ...
http://www.phnompenhpost.com/business/timing-stats-questioned
Initiative Encourages Private Rural Investment
Representatives from more than 90 Cambodian businesses gathered yesterday at the Council of Ministers building in Phnom Penh to hear about a new initiative that aims to encourage private sector investment in agriculture. The $55.6 million project is an extension of the Asian Development Bank’s (ADB) ...
http://www.cambodiadaily.com/business/initiative-encourages-private-rural-investment-37899/
Election officers defend training
When ballot boxes from Battambang are opened today as part of an ongoing Constitutional Council investigation, any unsealed documents will likely be attributed to insufficient training. That is the excuse National Election Committee secretary-general, Tep Nytha, gave on Sunday amid concerns over the documents’ integrity. But ...
http://www.phnompenhpost.com/national/election-officers-defend-training
Sokimex Orders Businesses Off Prime Real Estate
Dozens of business owners occupying more than 8,000 square meters of prime real estate behind Phnom Penh’s Wat Ounalom have been ordered to vacate their premises by the local conglomerate Sokimex Group, an official from the firm said Wednesday. Though the firm declined to say what ...
Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/sokimex-orders-businesses-off-prime-real-estate-41237/
CNRP Sets Date for Mass Protests Against Election Results
The opposition CNRP announced Wednesday that it will hold a mass demonstration on September 7 against the preliminary results of what it claims was a rigged national election, one day before final results are expected to be released by the Constitutional Council of Cambodia. Unless the ...
Khy Sovuthy and Colin Meyn
http://www.cambodiadaily.com/elections/cnrp-sets-date-for-mass-protests-against-election-results-41253/