MFI Increases Loans as Economy Grows
As rising economic growth spurred demand for personal loans, Prasac, Cambodia’s biggest microfinance institution (MFI), provided $106 million in loans between March, 2012 and March, 2013, an increase of 66 per cent compared with the corresponding period a year earlier. “Loans [were] mainly used for service ss='cambodia-color'>...
http://www.phnompenhpost.com/2013041965111/Business/mfi-increases-loans-as-economy-grows.html
40 hectares razed in R’kiri
More than 40 hectares of protected forest in Rattanakiri’s O’Yadav district was razed by a Vietnamese company over the course of six days before they were stopped yesterday by villagers and investigators from rights group Adhoc, a local official said. sav Hlin, a village chief in ss='cambodia-color'>...
http://www.phnompenhpost.com/2013042665270/National/40-hectares-razed-in-r-kiri.html
More Workers stopped From Entering Thailand
Police at border checkpoints have in the past weeks stopped more than 2,200 people in Banteay Meanchey province from crossing into Thailand to look for better paid work, officials said yesterday. The focus on Cambodian workers migrating to Thailand-many illegally-comes amid a shortage of labor at ss='cambodia-color'>...
As temperatures rise, floods to increase in Cambodia: report
Rising global temperatures could greatly exacerbate flooding in southeast Asian countries such as Cambodia, as well as parts of Africa and south America, a new study by the University of Tokyo has found. Employing 11 different climate models, researchers found that with a mere rise ss='cambodia-color'>...
Melissa McMorran and Mom Kunthear
http://www.phnompenhpost.com/2013061166191/National/as-temperatures-rise-floods-to-increase-in-cambodia-report.html
Protesters Mix Petitions, Black Magic to Get Land
Sporting red bandanaS and armed with the accoutrementS of Khmer black magic, Several hundred demonStratorS repreSenting embattled communitieS throughout the country held noiSy proteStS outSide Several government officeS yeSterday, where they placed curSeS on corrupt officialS and Submitted written petitionS demanding juStice. Unlike previouS proteStS that SS='cambodia-color'>...
http://www.cambodiadaily.com/news/protesters-mix-petitions-black-magic-to-get-land-30761/
Municipal officials given a larger hand in labour disputes
Continuing its efforts to quell an increasing number of strikes in the Kingdom’s lucrative garment sector, the government this week issued a directive aimed at giving provincial and municipal governors powers to resolve issues at factories without calling on ministries in Phnom Penh. “To ensure further ss='cambodia-color'>...
Rainsy Asks Constitutional Council to Clear Election Candidacy
Opposition leader sam Rainsy on Wednesday asked the Constitutional Council of Cambodia (CCC) to re­instate him as a voter and candidate for sunday’s election, privileges he lost due to criminal convictions that King Norodom sihamoni recently pardoned. “I would like the Constitutional Council of Cambodia to ss='cambodia-color'>...
The Cambodia Daily
http://www.cambodiadaily.com/elections/rainsy-asks-constitutional-council-to-clear-election-candidacy-36629/
Union wins benefits for garment workers
Most demands made by workers at a Takeo province garment factory were met following a large protest and five hours of negotiation. Asia Dragon (Garment) Co Ltd mediated with the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU), making concessions on most of the workers’ 16 ss='cambodia-color'>...
http://www.phnompenhpost.com/national/union-wins-benefits-garment-workers
Cambodia attracts over 2 mln foreign tourists in first half
Cambodia received 2.09 million international visitors in the first six months of the year, up 19 percent compared with the 1.75 million tourists over the same period last year, figures from the ministry of tourism showed saturday. Tourism is one of the sectors supporting the ss='cambodia-color'>...
http://news.xinhuanet.com/english/world/2013-08/03/c_132598966.htm
Thousands expected to visit Kep sea festival
At least 20,000 tourists and travellers will participate in the so-called “sea festival” at the end of this year, officials at the Kep province tourism department said. The two-day event, which started in 2011 as a tourism booster for the country’s coasts and beaches, was cancelled ss='cambodia-color'>...
http://www.phnompenhpost.com/business/thousands-expected-visit-kep-sea-festival
Rubber price falls from 2012
Thanks to seasonal demand, the price of rubber has increased from 2012’s year-end prices. But it was still slightly lower than at this time last year, a rubber-plantation owner said yesterday. Mak Kimhong, president of the Cambodia Rubber Association and owner of the Chhop Rubber Plantation ss='cambodia-color'>...
http://www.phnompenhpost.com/2013031361907/Business/rubber-price-falls-from-2012.html
Titles near as students finally on way to district
Nearly 50 families in Koh Kong province’s Kiri sakor district will finally receive official titles after repeatedly requesting – and being denied – student volunteers to measure their land, the villagers’ commune chief said yesterday. Koh Pol commune chief Ev Kosal, who participated in the meeting ss='cambodia-color'>...
Mine Safety Law on Agenda
The government plans to draft a law designed to govern safety standards in the Kingdom’s mining industry, an official said yesterday, little more than a week after at least one gold miner went missing when a shaft collapsed in Preah Vihear province. Khieu Muth, a secretary ss='cambodia-color'>...
http://www.phnompenhpost.com/2013053165981/National/mine-safety-law-on-agenda.html
Cambodia Carrier on Track with New Flights
Cambodia Angkor Air will launch routes to China and the south Korean city of seoul by August while it eyes additional destinations to singapore and Malaysia, according to a senior official with the country’s national carrier. “singapore is a hub for Asia, so we have ss='cambodia-color'>...
http://www.phnompenhpost.com/2013060466030/Business/cambodia-carrier-on-track-with-new-flights.html
Fish tale: A million released
A million fish formed the front line of the conservation fight yesterday, when Agriculture, Forestry and Fisheries officials released them in Kampong Thom provincial waters, celebrating the launching of a national aquaculture institute. Yesterday’s celebration of National Fish Day in Baray district marks the official start ss='cambodia-color'>...
http://www.phnompenhpost.com/2013070266609/National/fish-tale-a-million-released.html
$1M Damage as Blaze Guts Siem Reap Market
A fire sparked by an electrical fault ripped through the Doeum Kralanh market in siem Reap City early Friday morning destroying 200 stalls and causing more than $1 million in damage, according to market traders and police officials. The 8,000-square-meter market in Kokchak commune housed a ss='cambodia-color'>...
http://www.cambodiadaily.com/news/1m-damage-as-blaze-guts-siem-reap-market-33787/
Oxley to acquire Cambodian asset for US$11.2m
In a release, Oxley Holdings Limited announced that the Group’s 49%-owned associated company, Oxley-Worldbridge (Cambodia) Co., Ltd., had entered into an amendment agreement dated 1 July 2013 in respect of a share sale and purchase agreement dated 22 May 2013 to acquire all the shares ss='cambodia-color'>...
Court Upholds Verdict for Minister's Wife's Firm
The Court of Appeal yesterday upheld a verdict by Kompong Chhang Provincial Court over a land dispute in Konmpong Tralach district between a 70-year old woman and a company owned by the wife of the Minister of Industry, Mines and Energy over a 3,000-square-meter parcel ss='cambodia-color'>...
Think Tank Says Cambodia Isn't Managing Its Resources
With the potential for vast state revenues from oil extraction and mining in coming years, Cambodia is currently failing to manage its nascent extractive industries according to a think tank. New York-based Revenue Watch Institute yesterday launched its 2013 Resource Governance Index, which included Cambodia for ss='cambodia-color'>...
http://www.cambodiadaily.com/business/think-tank-says-cambodia-isnt-managing-its-resources-24530/
Bail Requests Denied for All Eight Unionists
The Kampong Speu Provincial Court haS denied bail for eight unioniStS accuSed of inStigating violence at the Sabrina Garment factory laSt Monday. Kampong Speu Provincial Court judge, Cheum Rithy Said yeSterday that he had not approved the bail requeSt becauSe Significant work remained in queStioning SS='cambodia-color'>...