ព័ត៌មាន
Evictees back on land
Dozens of families at Borei Keila have moved back on to land they were evicted from last year, despite intimidation and threats of arrest by security forces employed by developer Phan Imex. Earlier this month, security guards tore down the shelters of 12 families who had ...
http://www.phnompenhpost.com/2013032664678/National/evictees-back-on-land.html
Largesse and threats ahead of election
Prime Minister Hun Sen warned thousands of villagers yesterday that his most popular initiatives, including his far-reaching land-titling scheme, will simply disappear if he is not re-elected in July’s national election – amid suggestions his campaigning has unofficially begun. In a marked shift from his apparent ...
http://www.phnompenhpost.com/2013032664688/National/largesse-and-threats-ahead-of-election.html
Ethnic Jarai villagers defend claim at court
Jarai ethnic minority villagers appeared at Ratanakkiri provincial court yesterday, demanding compensation from a Vietnamese company they say illegally cleared 30 hectares of community land in November last year. Chea Chanrith was granted a licence from the Ministry of Agriculture last year to clear land ...
Koh Thom Bridge construction launched
A ground breaking ceremony of the $19.39 million, Koh Thom Bridge, has been launched Monday. The 407 meter bridge will be built over the, Tonle Bassac River, linking National Road 110 in the village of Prek Thmey, Chroy Takeo commune and National Road 21 in ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjY1MTY0ZWI3ZjE
Rice trade zone to be set up in East
The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries. Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo ...
http://www.bangkokpost.com/news/local/342199/rice-trade-zone-to-be-set-up-in-east
$10 mln to protect ecosystems in Southeast Asia
The Critical Ecosystem Partnership Fund has committed to provide another $10 mln U.S. in grants to address the environmental crisis engulfing mainland Southeast Asia. The ground-breaking biodiversity fund was launched in 2008. During the first phase, $10 mln was invested in efforts to conserve the critical ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmM3ZDQzYjBiMmV
H&M reveals suppliers
About a quarter of the garment factories in Cambodia that supply Swedish clothing giant H&M have been the scene of mass faintings or large-scale strikes since 2010, based on a suppliers list the clothing giant released late last week. Along with its 2012 sustainability report, the ...
http://www.phnompenhpost.com/2013032564667/National/h-m-reveals-suppliers.html
British Businessman Arrested over Alleged Land Fraud
The British chairman of an embattled agricultural investment firm was arrested Saturday by Cambodian authorities over charges of forging documents and using them in an attempt to illegally purchase thousands of hectares of land, a court prosecutor said. Greg Fryett, the main shareholder of Sustainable Agro ...
http://www.cambodiadaily.com/news/british-businessman-arrested-over-alleged-land-fraud-15882/
Sacombank Shutters Cambodian Securities Arm
A major Vietnamese bank is closing its brokerage and securities arm in Cambodia, an official said yesterday, amid the ongoing drought of listings on the Cambodian Securities Exchange (CSX). Sacombank, which will continue to operate as a bank in Cambodia, set up the securities firm ...
http://www.cambodiadaily.com/business/sacombank-shutters-cambodian-securities-arm-15738/
Slight rise in truck numbers
The total number of new trucks registered last year increased slightly, but industry insiders said that even though more trucks are needed to boost the Kingdom’s trading volume, the country’s export capacity is relatively unaffected because of trucks bought in previous years. The number of big ...
http://www.phnompenhpost.com/2013032564655/Business/slight-rise-in-truck-numbers.html
Thumbprint dubious: court
The legitimacy of a lawsuit filed by prominent businesswoman Chhin Sokountheary, also known as “Crocodile Grandmother”, accusing Phnom Penh Governor Kep Chuktema of abusing his power by stealing some 34 hectares of privately owned land is being called into question by the Phnom Penh Municipal ...
http://www.phnompenhpost.com/2013032564664/National/thumbprint-dubious-court.html
Powerless Phnom Penh Struggles With Hot Season
As air-conditioning units slow to a halt, computers die and the lights go out, the frustration of local business owners and organizations in Phnom Penh is boiling over once again as the annual hot season blackouts have arrived. The 190-megawatt, Chinese-built Kamchay hydropower dam in ...
http://www.cambodiadaily.com/news/powerless-phnom-penh-struggles-with-hot-season-15655/
Hun Sen’s Niece Brings Hard Rock Restaurant to Cambodia
Hard Rock Cafe, the iconic U.S. restaurant franchise known for its collections of rock ‘n’ roll memorabilia, will open restaurants in Siem Reap and Phnom Penh, in a deal with a local firm owned by the niece of Prime Minister Hun Sen, company representatives said ...
http://www.cambodiadaily.com/news/hun-sens-niece-brings-hard-rock-restaurant-to-cambodia-15652/
Joint venture will take part in oil explorations
Malaysia-based Hibiscus Petroleum Berhad has tied up with Rex International Holding Pte Ltd to participate in exploration opportunities in Cambodia and 10 other countries across the Asia-Pacific region, according to a statement released last Thursday. Hibiscus’s wholly owned subsidiary Orient Hibiscus Sdn Bhd and Rex International ...
Cambodia’s total trade worth US$ 2.7-B in first 2 months, + 28%
Cambodia’s import and export trade volume had amounted to US$2.7-B in the 1st 2 months of this year, up 28% compared to the US$2.1-B in the same period last year, the statistics of the Commerce Ministry showed Friday. Main products Cambodia imported are garment and textile ...
E. Sun plans to purchase stake in Cambodian bank
E. Sun Commercial Bank (玉山銀行), the banking arm of E. Sun Financial Holding Co (玉山金控), yesterday announced plans to buy a 70 percent stake in Phnom Penh, Cambodia-based Union Commercial Bank PLC (UCB) for US$69.33 million to facilitate its expansion into Southeast Asia. “We decided to ...
http://www.taipeitimes.com/News/biz/archives/2013/03/23/2003557740
Vietnamese firms eye overseas investment
Vietnamese enterprises are increasingly investing overseas, especially in Myanmar, Laos and Cambodia, it has been announced. Elsewhere in the region, the Viet Nam Rubber Group has invested in growing rubber plantations in Laos and Cambodia since 2007 and aims to own 100,000 hectares by ...
http://vietnamnews.vn/economy/237176/vietnamese-firms-eye-overseas-investment.html
Documentary Looks at Impact of Mekong Dams
An updated documentary, “Where Have All the Fish Gone?,” examines the impacts of hydroelectric dams on the Mekong River. The Xayaburi dam, which would produce hydropower for market, has become a divisive issue among Mekong River countries. Critics say it could severely damage ecosystems on which ...
http://www.voacambodia.com/content/documentary-looks-at-impact-of-mekong-dams/1626779.html
Cambodia Ups Minimum Wages for Workers
The Cambodian government on Thursday announced a higher minimum wage of U.S. $80 per month for garment and footwear workers but they were not impressed, vowing to continue a strike until it is raised to U.S. $100. A tripartite meeting between the government, unions and Garment ...
http://www.rfa.org/english/news/cambodia/wages-03212013185628.html
Banong Families Close to Communal Land Titles
An indigenous ethnic Banong community in Mondolkiri province yesterday began the final stage in acquiring a communal land title, setting it up to become only the sixth community in the country to secure one of the coveted documents. Established by the 2001 Land Law, communal land ...
Council Of Ministers Backs Hun Sen’s Plan To Rebuild Homes
The Council of Ministers yesterday backed Prime Minister Hun Sen’s plan to rebuild the flattened homes of 49 families who were violently evicted earlier this month in Preah Sihanouk province’s Stung Hav district. In a statement on Sunday, Mr. Hun Sen dismissed the Council of Ministers’ ...
Court Questions Chinese National’s Over Chemical Seizure
The Phnom Penh Municipal Court yesterday questioned five Chinese nationals after they were arrested during a seizure of more than 106 tons of chemicals police suspect were intended for the production of illegal drugs. The four men and one woman who were arrested on Tuesday, claimed ...
http://www.cambodiadaily.com/news/court-questions-chinese-nationals-over-chemical-seizure-15642/
Evicted Railway Families Facing Debt 'Crisis'
Debt levels among the more than 1,000 families being evicted by a $142.6 million railway project bankrolled by Australia and the Asia Development Bank (ADB) have reached “crisis” proportions and require major intervention, according to a U.S resettlement expert who was hired by the ADB ...
http://www.cambodiadaily.com/news/evicted-railway-families-facing-debt-crisis-15618/
More ICT investment needed: businessmen
CAMBODIA’S economy can “leapfrog” by developing its information and communications technology (ICT) industry, but the government is not spending enough on ICT infrastructure to attract private investments, business leaders said at a seminar in Phnom Penh yesterday. “What has been seen over the last 20 years ...
http://www.phnompenhpost.com/2013032264620/Business/more-ict-investment-needed-businessmen.html