ព័ត៌មាន
Motorcycle lease firm plans to expand market share
CAMBODIA’S first financial leasing company plans to rev up its market share for motorcycle financing from 15 to 45 percent starting this year. GL Finance plans to do so by increasing its number of branches here from 11 to 36, said Mitsuji Konoshita, chairman of Group ...
R’kiri minorities say land’s sale improper
Fifty Tampuon ethnic minority families protested yesterday in front of the Soeung Commune Hall in Bakeo district against their commune chief, who they allege sold land that belonged to the Ratanakkiri community. In a complaint filed to rights group Adhoc yesterday, the families claim that commune ...
http://www.phnompenhpost.com/2013031962012/National/r-kiri-minorities-say-land-s-sale-improper.html
Illegal checkpoints, logging tools netted
Activists in Kratie province’s Snuol district seized seven chainsaws over the weekend and collected evidence that four police checkpoints were used to solicit bribes from illegal loggers, representatives of the network said yesterday. After scouring thousands of hectares of protected forest from Friday through yesterday, the ...
http://www.phnompenhpost.com/2013031962013/National/illegal-checkpoints-logging-tools-netted.html
Former Mfone Staff Enter Second Day of Protests
About 300 former employees of bankrupt mobile phone operator Mfone continued to protest yesterday outside the company’s closed Phnom Penh offices, demanding severance payments totaling $4.4 million for 1,092 workers. But Vong Savan, deputy secretary-general of the Labor Dissolution Commission at the Ministry of Social ...
Cambodia's state-Owned telecom firm gets new chief, vowing to improve business operations, revenues
Newly-Appointed Director General of the state-owned Telecom Cambodia (TC) Kim Vikra vowed Monday to enhance the enterprise’s governance in order to improve business operations and revenues. “I am committed to working with all colleagues in order to lead the enterprise to progress,”he said at his official ...
http://news.xinhuanet.com/english/world/2013-03/18/c_132243178.htm
Hun Sen: to rebuild homes in Sihanoukville
The Prime Minister ordered 49 family’s houses to be rebuild [sic] at Keo Pus Village, in the Steung Hav District of Sihanoukville, after they had been demolished by authorities earlier this month. He also ordered Bin Chhin, Chairman of the National Authority for Land Dispute ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=YmFjMDM0MTczYzl
Japan to provide Cambodia with nearly 34 mln USD grant aid
Cambodia will sign to receive 33.9 million U.S. dollars in grant aid from Japan for three projects in small hydropower dams, healthcare and education, according to a news release from Cambodia’s foreign ministry on Monday. ...
Myanmar’s siren song
Unions and labour rights groups have spent recent months unashamedly drilling home a stark reminder: Cambodia’s minimum garment wage, at $61 per month, compares poorly with those in Thailand – where workers earn more than $200 a month – and Vietnam, which has a base ...
http://www.phnompenhpost.com/2013031861998/National/myanmar-s-siren-song.html
Luxury Motor Show takes on Used Car Market
At Cambodia’s first ever international motor show over the weekend, top-end car manufactures including Mercedez-Benz, BMW and Ford presented their luxury range of SUV’s, sedans pickup trucks and motorbikes. Vehicle imports to Cambodia, which include cars, trucks and motorcycles, more than doubled to 1.9 million ...
Mfone Workers Demand $4.4M Compensation
About 200 former employees of bankrupt mobile phone operator Mfone yesterday protested outside the company’s shuttered offices, asking for the help of Prime Minister Hun Sen in the fight to get more than $4 million in compensation from the company. Mfone declared itself insolvent in ...
More SIM cards sold, providers to shrink
Sales of SIM cards reached 19.7 million last year, a 21 per cent rise from the 16.2 million sold in 2011, data from the Ministry of Post and Telecommunication (MPTC) shows. In contrast to the use of SIM cards, the number of telco operators decreased. In ...
http://www.phnompenhpost.com/2013031861984/Business/more-sim-cards-sold-providers-to-shrink.html
First crop of stevia is successful: company
Stevia Nutra Corporation, a Canadian agro-company, said in a press release on Friday that the initial growing season of stevia, commonly known as sweetleaf, in Cambodia was successfully completed. The first harvest of high-quality stevia leaves has now commenced and samples have been prepared for testing ...
http://www.phnompenhpost.com/2013031861981/Business/first-crop-of-stevia-is-successful-company.html
Kingdom’s small auto industry likely to expand as AEC looms
The Cambodian automotive industry will expand after the Kingdom’s integration into the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) in 2015, thanks to the free flow of goods within the bloc and Cambodia’s competitive advantage as a low-cost manufacturer, according to Cambodian Commerce ...
‘Crocodile’ gran to file $100 million lawsuit
Prominent businesswoman Chhin Sokountheary yesterday announced her intention to sue Phnom Penh Governor Kep Chuktema for falsifying documents saying she illegally occupied state land in Phnom Penh’s Sen Sok district in a bid to steal the land and develop a sports stadium on it. Sokountheary, 57 ...
http://www.phnompenhpost.com/2013031861997/National/crocodile-gran-to-file-100-million-lawsuit.html
New study reveals catastrophic loss of Cambodia's tropical flooded grasslands
Around half of Cambodia’s tropical flooded grasslands have been lost in just 10 years according to new research from the University of East Anglia. The seasonally flooded grasslands around the Tonle Sap, Southeast Asia’s largest freshwater lake, are of great importance for biodiversity and a ...
http://phys.org/news/2013-03-reveals-catastrophic-loss-cambodia-tropical.html
Bountiful work, but scant wages angers Cambodia
As night falls in Phonm Penh, thousands of weary workers stream from textile factories, reflecting the abundance of jobs created by the clothing industry’s desire for cheap labor. However, as the number of international clothes companies tapping into Cambodia’s workforce grows, so does anger at the ...
http://www.taipeitimes.com/News/biz/archives/2013/03/17/2003557254
Land rights have key role in Cambodia
Faced with widespread evictions and opaque private sector deals, activists in Cambodia are calling on the government to be more open and transparent about land concessions, beef up mechanisms for resolving land disputes, and abide by the rule of law. It is estimated that ...
http://www.gulf-times.com/asean-philippines/188/details/345724/land-rights-have-key-role-in-cambodia
Telecom Cambodia postpones plan to list on local bourse
State-owned fixed-line company Telecom Cambodia’s (TC) plan to join the Cambodia Securities Exchange (CSX) has been postponed indefinitely because of its poor financial performance, reports The Phnom Penh Post. The company will need to redesign its business plan to improve operations, said Sarak Khan, secretary ...
http://www.telecompaper.com/news/telecom-cambodia-postpones-plan-to-list-on-local-bourse--931448
Covering Cambodia
With the number of cars on Cambodia’s roads growing at a consistent pace, high-end automotive distributors are jockeying for a foothold in the market, but they are not the only ones who stand to benefit from Cambodia’s splurge on cars. Working on the sidelines, the ...
Sugar Playing Catch-Up With Spice
Dotted with rice fields flanked by palm trees, Cambodia’s southeastern province of Kampong Speu is nothing short of picturesque. But behind the idyllic exterior is an on-going struggle to turn this region’s natural beauty into a global attraction and improve the lot of poor local farmers, ...
http://www.iede.co.uk/news/2013_1290/sugar-playing-catch-spice
Agreement reached on Thai trade
After years of discussion, the Cambodian and Thai governments on Tuesday agreed at the Ayeyawady-Chao Phraya-Mekong Economic Co-operation Strategy (ACMECS) summit in Laos to establish a Cambodian-Thai Business Council in a bid to enhance trade and investment between the ASEAN neighbours after a decline in ...
http://www.phnompenhpost.com/2013031561964/Business/agreement-reached-on-thai-trade.html
Ambassadors fill Cambodia, terrorism posts
SENIOR diplomat Alison Burrows has been appointed Australia’s next ambassador to Cambodia. Ms Burrows will replace Penny Richards in April, Foreign Affairs Minister Bob Carr announced on Thursday. She is assistant secretary with the North Asia investment and services branch of the Department of Foreign Affairs ...
Forest activists answer complaint in court
Eight members of the Prey Lang forest community network, summonsed to the Kampong Thom provincial court yesterday to answer a 2011 complaint, rejected its accusation that they had caused intentional damage by uprooting cassava plants belonging to Ol Ratha and maintained they had acted only ...
http://www.phnompenhpost.com/2013031561954/National/forest-activists-answer-complaint-in-court.html
Start-ups rely too much on self-funding
Cambodians tend to rely too heavily on self-funding or loans when starting businesses, experts say. In a bid to change that, an essay competition about business plans has been launched to give a platform for the winner to form business partnerships with those with capital. The ...
http://www.phnompenhpost.com/2013031561965/Business/start-ups-rely-too-much-on-self-funding.html