Calls Mount for the Release of Beehive Radio Station Owner
A trio of international NGOs representing lawyers and journalists added their voice last week to the mounting calls for the government to release radio station owner Mam Sonando and drop all charges against him “immediately and unconditionally.” Authorities arrested Mr. Sonando, owner of the independent Beehive ...
UN's Under-Secretary-General Heyzer to visit Cambodia
Dr. Noeleen Heyzer, Under-Secretary-General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP) , will make her first official visit to Cambodia from Aug. 21-24 to further enhance ties between the UN and Cambodia. The visit ...
http://news.xinhuanet.com/english/world/2012-08/20/c_131796014.htm
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. ...
Banong Families Receive Communal Land Tiles
Seventy-two ethnic minorities Banong families received communal titles to a combined 1,008 hectares of ancestral land in Mondolkiri province yesterday morning in a ceremony attended by Land Management Minister Chhun Lim. Communal titles were designed to protect the ancestral lands of the country’s minorities from outside ...
Cambodian PM vows to protect environment
Cambodian Prime Minister Hun Sen said Monday he decided to choose environment protection, not to choose 30 billion U.S. dollar expected revenues from the exploitation of titanium ore in Southwestern Cambodia. “According to a feasibility study, titanium ore deposit in Chhiphat district in Koh Kong province ...
http://news.xinhuanet.com/english/world/2012-12/17/c_132046623.htm
Detained Russian's Company Under Investigation for Fraud
The company of Russian businessman Sergei Polonsky, who is currently being detained by Cambodian authorities after a maritime incident off the coast of Preah Sihanouk province last week, is being investigated by the Russian Interior Ministry for fraud, according to a statement on the ministry’s ...
http://www.cambodiadaily.com/news/detained-russians-company-under-investigation-for-fraud-7333/
IT Firm Sues Thaicom Over Mfone Ownership
Thai information technology firm Infobahn Co. Ltd. has filed a lawsuit against telecommunications conglomerate Thaicom Public Company Ltd. for breaching an agreement made last year to sell 41.14 percent of its shares, a deal that also includes a 51 percent stake in the Cambodian mobile ...
China eyes on all-round cooperation with Cambodia, says CPC senior leader (9)
China treasured its traditional friendship with Cambodia, and would take strategic approaches to step up the bilateral cooperation to a new height, visiting senior leader of the Communist Party of China He Guoqiang said here on Tuesday. In his meeting with Heng Samrin, He spoke ...
Jobs crucial to development
Jobs are a cornerstone of development in developing countries, reducing poverty, making cities work and providing youth with alternatives to violence, according to a new World Bank report. Jobs are crucial for achieving economic and social development, the World Development Report 2013 said. According to ...
Growth in Cambodian service sector, says ADB
Cambodia’s service sector has seen significant growth in recent years, but the sector remains hampered by challenges, according to a report by the Asian Development Bank (ADB). The service sector’s real GDP share has expanded to 39 per cent in 2011, compared to 23.7 per cent ...
Miner buys into Cambodian copper
Geopacific Resources, an Australian mineral exploration company focused on gold and copper projects in Fiji, wants to take over Worldwide Mining Projects Limited, a mineral assets searcher in Southeast Asia. Worldwide Mining Projects Limited has signed a sales agreement with Golden Resources Development, a South Korean ...
http://www.phnompenhpost.com/2013010460638/Business/miner-buys-into-cambodian-copper.html
Pursat land dispute makes hay in capital
Rough[ly] 40 representatives of some 370 families locked in a years-long land dispute with a rubber concessionaire in Pursat province’s Veal Veng district demonstrated outside the Phnom Penh offices of Adhoc yesterday to publicise their situation. The villagers, many of whom are family members of soldiers ...
http://www.phnompenhpost.com/2013040364860/National/pursat-land-dispute-makes-hay-in-capital.html
Cambodia, Laos, Vietnam parliamentarians meet in Cambodia to boost Development Triangle Area
Parliamentarians of Cambodia, Laos and Vietnam gathered in Cambodia’s northeastern Mondulkiri province on Wednesday to discuss the parliaments’ role in supporting the three countries’ Development Triangle Area, according to a media release from Cambodian National Assembly. Speaking at the opening of the two-day meeting, the ...
http://news.xinhuanet.com/english/world/2013-04/24/c_132336947.htm
Juneyao Airlines tries flights from Shanghai
Private Chinese carrier Juneyao Airlines is planning to launch direct flights from Shanghai to Cambodia as soon as this month. The move – which has been labelled unrealistic – would also see the airline potentially break into the monopolised route from the Chinese city. The Shanghai-based ...
Rice exports already surpass last year’s total
Cambodia exported about 31,000 tonnes of rice in July, a 40 per cent seasonal increase from the average of 22,000 tonnes for first five months of this year. Official data show that Cambodia exported 207,000 tonnes from January through July, an amount surpassing the 205,000 tonnes ...
http://www.phnompenhpost.com/business/rice-exports-already-surpass-last-year%E2%80%99s-total
Cambodia records 1.32 bln USD trade deficit in H1
Cambodia saw a trade deficit of 1.32 billion U.S. dollars in the first six months of this year, according to a Commerce Ministry’s report on Thursday. The country’s total imports and exports were valued at 7.62 billion U.S. dollars during the period, up 20 percent from ...
http://news.xinhuanet.com/english/business/2013-07/11/c_132533088.htm
Cambodia predicts 7.6 percent GDP growth in 2013
Cambodia’s economy would grow by 7.6 percent this year, driven by garment exports, agriculture, tourism and construction, according to a preliminary prediction by the Ministry of Economy and Finance on Wednesday. The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and ...
http://news.xinhuanet.com/english/business/2013-07/24/c_132570724.htm
New MFI To Launch Operations
A new microfinance institution (MFI), ORO Financecorp Plc, is set to open in Cambodia, according to the director-general of the National Bank of Cambodia (NBC). Cambodia already has 35 registered MFIs, according to a recent report by the Cambodia Microfinance Association (CMA). Last week, the ...
http://www.phnompenhpost.com/2013050765436/Business/new-mfi-to-launch-operations.html
Cambodia feels drop in Asian rubber prices
The end of export restrictions in Thailand and a lowering of economic growth forecasts out of top rubber importers China, the United States and Germany have caused natural rubber prices around Asia − and in Cambodia’s local industry − to fall from a two-month high. Future ...
http://www.phnompenhpost.com/2013060666093/Business/cambodia-feels-drop-in-asian-rubber-prices.html
CNRP collects thumbprints, urging King not attend first session
The opposition Cambodia National Rescue Party (CNRP) began collecting thumbprints from voters nationwide in order to present to King Norodom Sihamoni, requesting he not attend the first session of parliament, according to a source. A CNRP senior official on Thursday said that his party held a ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDc4M2Q3Y2IzYTZ