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De Castle Royal to be completed by 2014
The De Castle Royal Condominium project, which has been on hold for some time, has announced that it will go back on the market after gaining $28 million in loans from Canadia Bank, which will allow for the completion of the 32-storey-building. The general manager of ...
http://www.phnompenhpost.com/2013020761213/Real-Estate/de-castle-royal-to-be-completed-by-2014.html
Union files assault court complaint
The Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) filed legal complaints yesterday, following allegations on Wednesday that police had assaulted seven garment workers, including a pregnant woman. Sa’ang district police chief Chea Socheat yesterday again denied officers had been violent during a strike ...
http://www.phnompenhpost.com/2013020861260/National/union-files-assault-court-complaint.html
Cambodia's energy costs deter investors
Cambodia’s infrastructure is deterring highly anticipated investment into the production of raw materials to support its rapidly growing garment sector, experts say. While garment exports rose 10.2 per cent to $5.48 billion last year, the increase of raw materials imported to support this growth increased about ...
http://www.phnompenhpost.com/2013020761221/Business/cambodia-s-energy-costs-deter-investors.html
France Ready for Talks on Gas Power Plant
Utilities giant Electricite de France (EdF) is preparing to enter negotiations with Cambodia over the construction of a power plant to use up natural gas locked up in disputed waters off the country’s coast, France’s ambassador-in-waiting to Cambodia said on Tuesday. Serge Mostura, who is still ...
http://www.cambodiadaily.com/business/france-ready-for-talks-on-gas-power-plant-9596/
Cambodia's government takes back land
The government has slashed about 250,000 hectares of land from 79 economic land concessions (ELCs), forest concessions and wildlife protection concessions and will return it, replete with land titles, to “poor people”, January’s Royal Book says. The publication, issued on January 17 and obtained yesterday, says ...
http://www.phnompenhpost.com/2013020761237/National/cambodia-s-government-takes-back-land.html
Jarai File Complaint Over Firm Filling In Lake
Etnhic Jarai families living in Ratanakkiri province’s Kakeo district yesterday filed a complaint with the provincial court, accusing a Vietnamese rubber company of clearing their ancestral land and filling in a lake they use for fishing and irrigation. Local officials say the company intends to ...
Investors from Korea relocate to Cambodia
Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...
http://www.phnompenhpost.com/2013020761220/Business/investors-from-korea-relocate-to-cambodia.html
Guilty verdict for timber cop
Pursat Provincial Court yesterday sentenced a military official, Poung Puthearith, to two years in jail – suspended to six months – on charges of threatening and obstructing the works of a forestry official, a court official said. Puthearith was arrested by the Anti-Corruption Unit ...
http://www.phnompenhpost.com/2013020761235/National/guilty-verdict-for-timber-cop.html
Court sets date for new hearing in Bandith case
The Appeal Court has set a hearing date in a case against former Bavet town Governor Chhouk Bandith, who stands accused of shooting three protesting garment workers last year. In December, the Svay Rieng Provincial Court dropped charges against the official, only to see the case ...
Cambodia attracts 9.17 bln USD investment from China in last 18 years
Cambodia has attracted 9.17 billion U.S. dollar investment from China in the last 18 years ( 1994-2012), making China become the largest investor in this country, showed a government report on Wednesday. According to the report, China’s investment in Cambodia focused on the fields ...
http://news.xinhuanet.com/english/business/2013-02/06/c_132154931.htm
Russian Firm Steps Up Dam Deal
Laos has stepped up plans for three hydropower dams on Mekong River tributaries, updating an eight-year-old deal with a Russian investor to build the projects for U.S. $1.5 billion. Lao authorities signed a project development agreement with Russia’s Regional Oil for the Sekong 4, Sekong 5, ...
http://www.rfa.org/english/news/laos/hydropower-02062013151208.html
Mfone transfer questioned
Although Mfone subscribers are due to transfer their accounts to Mobitel today, the Post has learned that telco provider Huawei Technologies (Cambodia) is still waiting for a court to rule on the legality of the transaction. Huawei’s lawyer, Kuoy Thunna, filed a letter late last month ...
http://www.phnompenhpost.com/2013020661207/Business/mfone-transfer-questioned.html
'Separatist' farms replaced by RCAF base
A track of land once farmed by 1,000 families in Kratie province — families violently evicted amid claims they were part of a separatist movement — is now home to a military base. Unit 9 Royal Cambodian Armed Forces base, which will be finished later this ...
http://www.phnompenhpost.com/2013020661212/National/separatist-farms-replaced-by-rcaf-base.html
Ambition Trumps Reality in Investment Figures
Since 2008, a whopping $28 billion worth of investments has been pledged by local and international firms looking to set up luxury hotels, a new airport and even Cambodia’s first horse racing venue. But a closer look at the list of investments approved by the Cambodian ...
http://www.cambodiadaily.com/business/ambition-trumps-reality-in-investment-figures-9387/
Relocation site has villagers worried
Villagers facing relocation from the site of the planned Lower Sesan 2 dam in Stung Treng province were told last week that they would be moved 15 kilometres from the river they rely on for fishing, a commune chief said yesterday. Seak Mekong, commune chief in ...
http://www.phnompenhpost.com/2013020661210/National/relocation-site-has-villagers-worried.html
Draft Law for Lower Sesan Dam Details Plans for Compensation
A draft law on the financing of a controversial dam project in Stung Treng province obtained yesterday shows that about $38 million will be spent on the resettlement of almost 800 families. This marks a significant decrease from the more than 1,000 families the companies ...
National Land Program Dropped Communal Titles
Prime Minister Hun Sen’s land-titling scheme announced in June originally included a directive for granting collective property titles to indigenous communities, but this part of the program was scrapped weeks later as it was deemed too costly and time-consuming, documents obtained yesterday show. For “indigenous ...
http://www.cambodiadaily.com/news/national-land-program-dropped-communal-titles-9480/
Companies to face court for illegal logging, land clearing
In what’s believed to be an unprecedented move, the Ratanakkiri Provincial Court has ordered two companies holding economic land concessions to face court questioning on accusations of illegal logging and land clearing. Deputy prosecutor Ros Saram said he summonsed Vietnamese-owned Company 72 last week and will ...
Cassava production dropped in 2012
The area of cassava under cultivation fell by 11.5 per cent across the country this season, while the price of cassava chips remained the same as last season’s price. Officials blamed an unstable price during the previous season (from April to April) for the drop. According ...
http://www.phnompenhpost.com/2013020561173/Business/cassava-production-dropped-in-2012.html
$4m restaurant reflects growing Chinese presence in Cambodia
Old Place Seafood, a Chinese restaurant that cost $4 million, has opened in Phnom Penh. A representative of the restaurant, which is opposite the Chinese embassy, said the growing number of Chinese people in the Kingdom had justified such an investment. Luu Meng, president of the ...
Villagers Claim Injustice in Land-titling Project
More than 200 villagers living on an economic land concession on Pursat province say they were unfairly left out of Prime Minister Hun Sen’s nationwide land-measuring program after local authorities on Saturday printed the names of families eligible for land titles. Chhuon Khurn, chief of Phteah ...
Company Building Lower Sesan 2 Dam Gets OK to Clear Land
Representatives of a massive hydropower dam project in Stung Treng province’s Sesan district approached local authorities late last month informing them that the government had granted the company permission to clear 36,000 hectares of land for a reservoir, officials said on Sunday. The 400-megawatt Lower Sesan ...
http://www.cambodiadaily.com/news/company-building-lower-sesan-2-dam-gets-ok-to-clear-land-9252/
Garment factory welcomes back striking workers
Revoking its decision to sack the vast majority of its work force for a prolonged strike, the Winson International garment factory agreed to allow the 868 workers back to work following negotiations late last month, worker representatives said yesterday. After mediation by officials from the Ministry ...
Pilot scheme plans to send maids to Singapore
Four hundred Cambodian women could be sent to Singapore as soon as the middle of this year to work as maids under a pilot scheme by the governments of Cambodia and Singapore. The Post has obtained an internal circular the Singapore Ministry of Manpower sent to ...
http://www.phnompenhpost.com/2013020461152/National/maids-heading-to-singapore.html