Metro looks to Laos, Cambodia for heavy equipment sales
Metro Machinery, the biggest dealer of heavy construction equipment in Thailand, is looking over the borders to Laos and Cambodia, which are exploiting their abundant natural resources and racing to develop infrastructure. The company will on October 9 ink two deals worth Bt1.5 billion each – ...
Protests call for workers to be rehired
Nearly 100 workers held a strike inside Phnom Penh’s Conpress Holdings jeans factory yesterday to demand the company allow four fired workers to return to work. The Seak Meanchey district factory, which employs more than 1,000 workers, fired the four in August because they attempted to ...
Trade barriers hinder growth of Cambodia's export industry
Cambodia could reap even greater benefits from trade facilitation measures in the Greater Mekong Subregion (GMS) by removing high logistics costs, delays and other barriers that hamper the country’s connectivity and competitiveness, according to a new Asian Development Bank (ADB) book released here on Thursday. “Cambodia’s ...
Hun Sen Slams Use of Wife's, Red Cross' Name to Grab Land
Prime Minister Hun Sen on Saturday accused unnamed individuals of attempting to grab land in Kompong Thom province by invoking his wife’s name and ordered one of his sons to investigate and give back any misappropriated land. According to Mr. Hun Sen, unscrupulous individuals were ...
Slow outlook for 2012 rice exports
Rapidly increasing logistics costs and low regional rice prices would hinder Cambodia’s rice-export target this year, with one expert saying that milled-rice exports could fall to half of last year’s shipments. The cost of shipping rice to Europe climbed by more than 50 per cent between ...
Cambodia's economic growth predicted 6.6% in 2012: World Bank
PHNOM PENH: the World Bank here said May 23 that the economic growth of Cambodia will project 6.6 percent even though it slightly downed from last year growth, which was 6.9 percent. “Cambodian economy has continued its high growth path as real GDP expanded by 6.9 per cent in 2011 and is expected to ...
Hor Namhong Travels to US on Official Visit
Foreign Affairs Minister Hor Namhong will travel to the U.S. on Saturday to hold separate discussions with Secretary of State Hillary Clinton and Senator Jim Webb, chairman of the subcommittee on East Asia and Pacific Affairs, the government said in a statement. Mr. Namhong’s visit comes ...
$11 million for new serviced apartments
Approximately $11 million will be invested in the 14-storey Silvertown Serviced Apartments in BKK1, according to the president of agents Knight Frank last week. Sunny YL Soo, the managing director of Knight Frank in Cambodia, said that the demand for leased apartments in Cambodia is rising ...
http://www.phnompenhpost.com/index.php/Real-Estate/11-million-for-new-serviced-apartments.html
Sofa Man a big hit with local lounge lizards
Many expats living in Siem Reap have found themselves on the eternal quest for a comfortable sofa. A big, squishy sofa like the one at home, that allows a body to really stretch out on. A Khmer settee – wooden, bench-like and unforgiving – just ...
Cambodia-China ties in trade, investment, tourism look better: commerce minister
The ties between Cambodia and China in trade, investment and tourism have steadily grown from year to year thanks to good relations between the two countries, Cambodian Minister of Commerce Cham Prasidh said Tuesday. “China is one of our key trading partners. The two-way trade volume ...
Anti Eviction Activists Take Plea for Help to CPP
Phnom Penh’s anti eviction protesters yesterday staged a 100 strong demonstration outside the CPP Headquarters on Norodom Boulevard, calling for the ruling party to release a jailed community activist and help families acquire land titles. They also requested that the government include 61 families left ...
Civil society seeks to delay new dam on Sesan River
Civil society groups urged the National Assembly Thursday to delay the adoption of a bill on the construction of a $780 million dam on the Sesan River in northeast Cambodia. Chhit Sam Ath, executive director of NGO Forum, told a news conference that estimates of ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTNhN2RjN2M1ZTA
Cambodia mulls over atomic energy power
Cambodia is mulling over a nuclear power option to feed its anemic energy sector, although private sector pundits called the rough plan a dream – a dangerous one at that. The government plans to use atomic energy in the future as oil, coal and biomass power ...
http://www.phnompenhpost.com/index.php/2012072057525/Business/cambodia-mulls-atomic-power.html
Mondolkiri Villagers Fear Imminent Eviction
In a land dispute with overtones of last week’s deadly eviction in Kratie province, villagers in Mondolkiri province yesterday said dozens of police were surrounding their houses and threatening to force them out of a private land concession. Sen Sophon, one of about 200 families in ...
Alleged Secessionists in Kratie Charged With Insurrection
Eight villagers arrested in connection with an alleged uprising in Kratie province in which government security forces shot one girl dead have been charged with inciting insurrection, rights workers said yesterday. “All eight have been charged by the prosecutor already of committing insurrection against public authority. According ...
Alleged rosewood loggers shot dead by Thai troops
Three Cambodians were shot and killed early on Saturday morning after engaging in a firefight while illegally logging along the Thai border, officials said yesterday. The three are believed to have been shot after crossing from Battambang’s Samlot district into Thai territory while logging luxury rosewood “The ...
Co-op scheme aims to boost farmers’ profits
An ambitions new agricultural development project backed by a former US diplomat is aiming to dramatically revamp the sector and bring profits back into the hands of farmers. Sichan Siv, a Cambodian with dual citizenship who spent five years serving as US ambassador to the UN, ...
http://www.phnompenhpost.com/2012121960368/National/co-op-scheme-aims-to-boost-farmers-profits.html
Cambodia's turf war
After 28 years in the capital, eating like “a king” and enjoying the perks one receives as the son of high-ranking CPP officials, Sophal’s* move to the countryside was as jarring as it was eye-opening. Until the day in June when he traded his designer threads ...
http://www.phnompenhpost.com/2012122460443/National/cambodia-s-turf-war.html
Thousands Protest at H&M Factory, Demand Wage Hike
Thousands of garment workers yesterday protested outside a factory in Pur Senchey district making garments for the Swedish clothing company H&M, demanding a raise to their minimum wage and meal benefits, workers and union representative said. The workers of Gladpeer Garments Factory (Cambodia) Ltd., are demanding ...
Co-op law will bolster agriculture sector: PM
WITH the passing of a law on farmers’ co-operatives, the government hopes to streng-then the country’s growing agricultural sector, Prime Minister Hun Sen said in a speech at the National Institute of Education yesterday. “In time, I believe that economic growth will be tremendous in rural ...