Public, Private Sector Air Concerns on Growth
A lack of economic diversity, faith in the banking sector and slow growth in vocational training and education topped the list of concerns among economists and investors yesterday at a meeting organized by the Asian Development Bank (ADB) and the government. According to data released ...
Thai Press Gives Conflicting Reports on Chams
Thai media reports yesterday offered conflicting information on whether members of Cambodia’s Cham community were joining a long-running Muslim insurgency in Thailand’s southern provinces. According to the [Bangkok] Post, General Prayuth said most of the Cambodian Muslims were traveling on to other countries in search ...
Unionists at casino betting on a strike
Almost 500 Tropicana Casino staff from gambling hub Poipet have threatened to strike on Saturday if the casino’s Thai owner does not reinstate their union leader, Sath Ser, sacked by the company for supporting another terminated employee, workers said yesterday. A staff member who did not ...
Hun Sen Announces Tax on Land Concessions
Prime Minister Hun Sen on Friday amended a directive on economic land concession (ELC) taxes, which will mean that owners of agricultural ELCs must pay tax of $5 on every hectare of land after the fifth year of ownership, according to the Council of Ministers. Mr. ...
ADB Institute: too much focus on 2015
Masahiro Kawai, dean of the Asia Development Bank Institute, believes too great a focus is being placed on the realization of the 2015 ASEAN Economic Community at the cost of considering middle- and longer-term issues in the ASEAN region. “Economic community-building is not going to be completed in ...
Ministry on trail of the apple snail
The Ministry of Agriculture, Forestry and Fisheries, along with Prey Veng provincial agriculture experts and villagers in Svay Ourntor district, are taking measures to eradicate golden apple snails, which feed on rice seedlings, agriculture officials said. According to Prey Veng agriculture chief Ouk Samnang, only a ...
Laos approves Xayaburi 'mega' dam on Mekong
Laos has given the go-ahead to build a massive dam on the lower Mekong river, despite opposition from neighbouring countries and environmentalists. A formal ceremony marking the start of full construction at Xayaburi would be held on Wednesday, the government said. ...
Thai ban weighs on Cambodia's corn crop
A Thai ban on Cambodian corn and other agricultural products led to a 65 per cent year-on-year drop in the Kingdom’s corn exports during the first two months of the year, officials claimed yesterday. January and February exports fell to 2,333 tonnes from 6,694 a year ...
Hun Sen Puts Freeze on Land Concessions
Prime Minister Hun Sen yesterday issued a moratorium on economic land concessions, temporarily halting a long-standing policy of granting land to private companies and those with powerful political connections that has sparked growing concerns from national and international human rights groups. The prime minister’s announcement comes ...
Cambodia, Thailand to Partner on Border Zone
In an effort to bolster bilateral trade, Commerce Minister Cham Prasidh and his Thai counterpart, Boonsong Teriyapirom, agreed in Bangkok on Sunday to establish a special economic border zone, Thai media reported yesterday. Though it remained unclear when or where the zone would be set up, ...
Gov't Denies Flouting Ban on Concessions
The government on Friday denied it had violated a moratorium on granting new land concessions when Prime Minister Hun Sen signed off on more than 20,000 hectares of land to three rubber companies 11 days after the ban was announced on May 7. According to documents ...
Inflation Falls on Lower Gas, Food Prices
Consumer prices in Phnom Penh grew just 1.8 percent year-on-year in the month of June, the lowest increase in almost two years, as food and gas prices remained stable, according to figures released yesterday by the Ministry of Planning. In its monthly inflation report, the ministry ...
Police Clamp Down on Land Rights Meeting
Local authorities, including a heavily armed police officer, broke up a training session on land rights in Ratanakkiri province’s Lumphat district on Friday, claiming the two groups had no legal right to hold such a meeting. The move marks the second time in less than a ...
Monks to School Migrant Workers on Malaria
More than 60 monks will march across Pailin province next week in an effort to educate migrant workers on ways to protect themselves from being infected by malaria, health workers and officials said yesterday. Migrant workers are particularly at risk for malaria because they often sleep ...
Cambodia to enhance laws on intellectual property
Francis Gurry, director-general of the World Intellectual Property Organization (WIPO), on Monday pledged to continue helping Cambodia in formalizing and strengthening laws on intellectual property Meanwhile, Hun Sen highly appreciated the WIPO for its assisting Cambodia in the sector, saying that since Cambodia became a member ...
Buying property by installment on the increase
The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...
Strikes put on pause for King Father
The Free Trade Union expects thousands of workers from across the country to join FTU president Chea Mony in paying respects to the late King Father Norodom Sihanouk on Tuesday. To make up for the lost day of work, workers will instead work on October ...
National Road 1 prices on the rise
Land prices along National Road 1 have climbed between 20 and 30 per cent after the road was extended in response to the increasing amounts of vehicles using it. The land that surrounds National Road 1 can be divided into three locations according to the ...
http://www.phnompenhpost.com/index.php/Real-Estate/national-road-1-prices-on-the-rise.html
Laos makes moves on building Mekong dams
Even as its controversial Xayaburi Dam project is still drawing protest from Mekong river downstream countries such as Cambodia, Laos has inked a deal with South Korean firms to build and operate another large hydropower plant on the Mekong River network. According to the Phnom Penh ...
Thousands More Logs Found on Company's Land
Ethnic Jarai villagers and a local rights worker yesterday discovered about 3,000 more logs that have been illegally cut by the Vietnamese owners of a rubber concession in Ratanakkiri province’s O’Yadaw district, according to rights group Adhoc. The logs were found stockpiled in dense forest inside ...