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Japanese firm awaits approval for oil data collection
Mitsui Oil Exploration Co (Moeco), a Japanese petroleum firm that specializes in natural gas, wants to start conducting seismic operations testing for oil and gas north of the Tonle Sap lake by February 2012 and wrap up the tests by May, according to excerpts of ...
Villagers campaigning to save forest harassed, NGO says
As hundreds of villagers belonging to the Prey Long People’s Network began a week-long campaign to save Prey Long forest, Kompong Thom province military police intervened Sunday and prevented a group of about 80 villagers from joining the campaign, an environmental activist said yesterday. Chut Wutty, ...
Insurers hit with few flood claims
The number of flood-related insurance claims has been fewer than expected despite the Kingdom’s worst flooding in a decade, industry insiders say. Although the floods, which began in late August, had affected large sections of the country, few claims had been made, Infinity Insurance chief executive ...
Ministry suspends verdict
The Ministry of Justice has ordered authorities in Preah Sihanouk province to suspend enforcement of a Supreme Court verdict issued in connection with a land dispute between 70 families and an official from the Sihanoukville Autonomous Port. On October 28, the Supreme Court granted a land ...
Villagers campaign in Kompong Thom to protect Prey Long Forest
Hundreds of villagers living around Prey Long forest have begun a weeklong campaign in the north of Kompong Thom province to protect Prey Long, one of Cambodia’s largest remaining primary forests, the Prey Long People’s Network said yesterday The group of villagers planned to protest later ...
State borrowing may spike
Cambodia’s draft budget law for 2012 will seek to increase concessional borrowing by about 75 per cent compared to 2011, according to a copy of the draft obtained by the Post. A lack of aid commitment may have led to the increase in proposed borrowing, experts ...
Villagers protest at eviction attempt
About 400 villagers in Kampong Cham province’s Stung Trang district began protesting yesterday after workers from a private company attempted to clear their houses with excavators, villagers said yesterday. Residents told the Post that Long Sreng International Co Ltd had not received a government land concession ...
No transparency provisions in draft oil law
After years in the drafting process, a copy of Cambodia’s much-anticipated draft petroleum law obtained this week shows that there are still no provisions governing the public disclosure of payments made to the government by gas and oil companies. Dated February 2010, the draft could still ...
Three special economic zones gaining steam
Five years after the government established the country’s special economic zones (SEZs), the Phnom Penh SEZ, Sihanoukville II SEZ, and Manhattan SEZ in Svay Rieng province are at last starting to attract more business. According to data from the Council for the Development of Cambodia (CDC), ...
Dene-Hern Chen, p.25
Subpar sanitation, high food prices curbing growth, UN says
Economic growth in Cambodia is being hampered by poor sanitation and hygiene, and rising food prices are leaving people struggling to afford basic produce for a balanced diet, according to a report released yesterday by the UN Development Program (UNDP). The UNDP’s 2011 Human Development Report ...
Floods drive fishing sector
Increased fishing yields due to floods have led to an increase in rental fees for the Kingdom’s fishing lots compared to 2010, according to official data. Revenues from bidding on 52 fishing lots in Phnom Penh and four other provinces increased by US$735,000 year to date, ...
http://www.phnompenhpost.com/index.php/2011110252470/Business/floods-drive-fishing-sector.html
Chinese firm buys timber concession
Cambodia has granted Chinese timber company Shengda Wood a 22,600-hectare timber concession in Kratie and Strung Treng provinces, officials said. The Shenzhen Stock Exchange-listed company would export wood from the 70-year concession to supply a depleted market in China, Li Jie, a management official in Sichuan, ...
Caution: Children at work
Labour legislation in Cambodia is so weak and so often ignored that half the Kingdom’s children between the ages of seven and 14 participate in the workforce, the world’s largest federation of unions has told the World Trade Organisation General Council in Geneva. Children, women and ...
http://www.phnompenhpost.com/index.php/2011110252486/National-news/caution-children-at-work.html
Food security in focus as floods recede
The government had set aside 3,000 tonnes of rice seeds to distribute to farmers whose crops were destroyed by flooding and had so far distributed 1,900 tonnes of rice to those affected by the floods in 18 provinces, the National Committee for Disaster Management said ...
Borei Keila residents start fire, stone district office
About 200 residents of Phnom Penh’s Borei Keila community burned tires and threw rocks at the Prampi Makara district office yesterday, demanding that the district governor solve a long-running housing dispute between them and powerful construction firm Phanimex, which they say has failed to abide ...
US, Cambodia to sign off on $20m in aid projects
The US is scheduled today to sign off on another $20 million in funding for aid projects in Cambodia, according to a US Embassy statement issued yesterday. One project will “strengthen the ability of civil society, the private sector, and the government to address food security ...
Raped maids sent back to labor agencies
The Cambodian Embassy in Malaysia returned abused Cambodian maids, including women who were raped by their employers, to work at maid recruitment agencies in that country, a new report by Human Rights Watch claims. The New York-based rights group also said Cambodian police colluded with labor ...
Fund raising: Kingdom may borrow more in 2012
Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...
With broad mandate, group to represent migrant workers
As reports continue to flood in detailing rampant abuse of Cambodian migrant workers abroad, the Cambodian Migrant Workers’ Association (CMWA) said it would be registering with the Ministry of Interior today as the country’s first migrant workers representative organisation, according to its director. “The idea is ...
Talks yet to begin with Malaysia on maid ban
More than two weeks after a ban on sending maids to Malaysia began, work on a bilateral agreement that would protect Cambodian maids working in Malaysia has not begun, officials said yesterday. Ho Vuthy, deputy director general at the Ministry of Labor’s department of labor, said ...
Land dispute victims to protest crackdown
More than 2,700 families embroiled in 11 separate long-running land disputes in Kandal province are planning to hold a mass protest to draw attention to the continuing arrests and detention of villagers by the provincial court, villagers said yesterday According to Adhoc’s records, Kandal Provincial Court ...
S&P downgrades national sovereign debt rating
Ratings agency Standard & Poor’s yesterday lowered Cambodia’s long-term sovereign credit rating by one notch to B due to the country’s continued inability to diversify its economy and increase government spending. The decision by Standard & Poor’s comes after the agency said in September that constraints ...
New flights to Myanmar after delay
Myanmar Airways International (MAI) is slated for a November 2 launch of bi-weekly flights between Phnom Penh and Myanmar’s economic hub and former capital, Yangon, Cambodian Aviation officials said yesterday. The flights – on 162-seat A320 jets – will transfer in Siem Reap before continuing on ...
New carriers to service Kingdom
Two new Asian airlines will begin regular flights to Cambodia this winter in an airlines sector increasingly dominated by regional passengers, a Cambodia Airports official said on Friday. Tiger Airways, a Singapore-based airline, will operate daily A320 flights between Singapore and Phnom Penh and Singapore and ...