ព័ត៌មាន
ADB may back disputed dam
The Asian Development Bank is considering providing funds to a controversial 400 megawatt dam project in Laos that could have adverse impacts on the Mekong River in downstream Cambodia. Conservation group International Rivers wants the Lao government to pull the plug on the $1 billion Xe ...
Major boulevards increasing in price
The sale and purchase of land along the four major boulevards in Phnom Penh climbed up to 40 per cent in the third quarter of 2012, while the construction of offices is gradually on the rise, according to real estate experts. The growth of land prices ...
http://www.phnompenhpost.com/index.php/Real-Estate/land-price-along-boulevards-on-the-rise.html
Cambodia Airports Funds Study of Five Airstrips
Cambodia Airports, which operates the country’s three international airports, has financed a study of five of the country’s unused domestic airstrips ahead of government plans to rehabilitate the facilities, a representative of the company said yesterday. Khek Norinda, communications manager at the Cambodia Airports, said that ...
More Houses Torn Down In Canal Clean-Up
Authorities in Phnom Penh’s Meanchey district continued to demolish houses in Niroth commune yesterday, despite 46 families appealing to the municipality and Prime Minister Hun Sen’s Cabinet to intervene. On Tuesday, three houses were torn down as part of efforts to clean up a stretch of ...
Foreigners entering the condo market in Phnom Penh
The number of foreign owners of houses in Cambodia has soared in recent years after the government permitted foreigners to have rights over owning real estate in the Kingdom, according to officials of the Ministry of Land Management, Urban Planning and Construction. Speaking at the opening of ...
Dangerous chemicals still found in foodstuffs
Some Cambodian foodstuffs contained potentially harmful preservatives used to extend the shelf life of the products and ensure profits, an official said yesterday. Pork Sovannarith, secretary of state for the Ministry of Industry, Mines and Energy, said some food producers continued to use preservatives that could ...
Ratanakiri Court Questions Rights Workers
The Ratanakkiri Provincial Court yesterday questioned the first of two human rights workers who are suing local officials for allegedly disrupting a July meeting they were hosting for villagers in Lumphat district. Deputy court prosecutor Ros Saram said he questioned Chhim Savuth, program officer for the ...
Chinese Factory Manager Deported, Another Stands Trial
A Chinese garment factory manager was deported yesterday after she was given a one year suspended sentence for destroying a picture of the late King Norodom Sihanouk, officials said. The deportation took place as another Chinese factory manager, Liv Kuy Chheang, was charged by the ...
More visitors to hail Kingdom
Cambodia Airports estimates the number of passengers entering via Cambodia’s two international airports will increase by an average 8.8 per cent in 2013. That prediction is 1.2 per cent lower than the 2012 projection of a 10 per cent increase. The lower forecast is due to the ...
http://www.phnompenhpost.com/index.php/2012102559410/Business/more-visitors-to-hail-kingdom.html
Advocacy Group Slams Murder Case 'Hush Up'
Reporters Without Borders has joined mounting criticism of the government’s handling of the April 26 murder of environmental activist Chut Wutty. On Monday, a security guard was convicted of accidentally killing the officer officially blamed for the activist’s death. “How convenient,” the Paris-based advocacy group said in a ...
Credit bureau makes doing business easier
A report released by the World Bank on Tuesday highlighted Cambodia as the most improved country in terms of businesses getting credit, due to the establishment of the country’s first credit bureau in March. Cambodia ranked 133 out of 185 in the World Bank’s report, up from 141 ...
Banking Sector Sees Growth in First 9 Months
Profits at Cambodia’s largest banks continued to grow through the first nine months of the year as loan disbursals across the sector increased by about 30 percent compared to the same period in 2011, bankers said yesterday. Acleda Bank, the largest bank in the country, this week posted ...
Fight to Save Mekong Dolphin Makes Enemies
Sitting at his outpost overlooking the Mekong River, Deab Kuy remembers an incident some years ago when fishermen threatened to attack him if they were stopped from casting their nets around the river’s sandy islets here in Sambok commune. The outpost, little more than a wooden house on ...
Value of Approved Property Projects Soar
The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase compared to the same period in 2011, according to data released yesterday by the Ministry of Land Management. Tith Khemra, director of ...
http://www.cambodiadaily.com/business/value-of-approved-construction-projects-soars-4762/
Airport Operator to Go Ahead With Expansion
Cambodia Airports said yesterday that it planned to move forward with plans to build a new security fence at Phnom Penh International Airport ahead of next month’s Asean and East Asia summits, even though its construction will result in more than 180 families being evicted. Speaking ...
Index Shows Little Progress in Gender Equity
Cambodia has made almost no progress over the past six years when it comes to gender equality, and is still the lowest-ranked country in the region, according to the World Economic Forum’s 2012 Gender Gap Index. Ranked 103 out of 135 countries surveyed, Cambodia placed last ...
http://www.cambodiadaily.com/news/index-shows-little-progress-in-gender-equality-4777/
Kratie meet pushes dolphin protection
Residents of Kratie province had an education in conservation yesterday as the government and outside partners reiterated a September sub-decree banning gill nets on a sizable stretch of the Mekong in a bid to protect the badly endangered Mekong River dolphin. Touch Seang Tana, head of the Commission ...
Deported home in disgrace
A Chinese woman found guilty of intentionally causing damage after tearing up photos of the late King Father was deported yesterday morning – a mere two days after the crime occurred. Wang Zia Chao, 43, who on Tuesday was given a suspended one-year prison sentence, left ...
http://www.phnompenhpost.com/index.php/2012102559412/National-news/deported-home-in-disgrace.html
More Lao land deals inked
Laos has contracted firms to build and operate another significant hydro-power plant on the Mekong River system, adding to the existing furor over potential effects on downstream countries such as Cambodia from the controversial Xayaburi dam. The contracts, reportedly worth $1 billion, are for a series of three dams making ...
http://www.phnompenhpost.com/index.php/2012102559403/National-news/more-lao-dam-deals-inked.html
Cambodia issues licenses to 2,606 new firms in 9 months, up 11 percent
Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...
The Siam Cement PCL : Siam Cement 3Q Net Profit Falls 13% but Meets Forecasts
Siam Cement PCL’s (SCC.TH) third-quarter net profit fell 13% as higher expenses and cost of sales weighed, but the fall in earnings at Thailand’s largest industrial conglomerate by revenue was in line with analysts’ expectations. Despite the profit decline, the conglomerate said before Wednesday’s earnings statement ...
H&M under fire for low Cambodia wages
H&M workers in Cambodia are only paid 3 kronor ($0.45) an hour, forcing many into debt to feed their families, according to a report on the TV4 documentary Kalla Fakta (The Cold Facts) Many textile workers therefore borrow money for food, leading to considerable debts with ...
New Businesses Increase In First Nine Months
A total of 2,606 new businesses were registered in Cambodia during the first nine months of the year, an increase of 11.6 percent compared to the same period last year, data released yesterday by the Ministry of Commerce shows. According to the figures, the ministry approved 306 new ...
Fish output likely to drop
Fishery resources could fall this year because of a lack of flooding along rivers and waterways impeding fish from travelling freely or finding food to encourage their growth, a fishery official says. Sam Nov, deputy general director of Fishery Administration at the Ministry of Agriculture, Fishery and ...
http://www.phnompenhpost.com/index.php/2012102459389/Business/fish-output-likely-to-drop.html