ព័ត៌មាន
Aeon considering more malls in Phnom Penh
More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...
Ta Prohm restoration workers go on strike
The entire work force of the Ta Prohm temple restoration project in Siem Reap – more than 100 people – gathered at the temple yesterday to demand the reinstatement of 30 of their number [sic] who were dismissed at the start of the month. The 145 ...
http://www.phnompenhpost.com/2013020661208/National/ta-prohm-restoration-workers-go-on-strike.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
Cambodia boosts attraction of foreign visitors in 2013
Cambodian Tourism Minister H.E. Dr. Thong Khon said: Cambodia, Laos and Myanmar had gained high growth of tourist arrival in 2012 for Asean region. “Cambodia is continuing its work including promotion to the outside world to attract tourists to see the country.” he said this week. ...
'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/
Cambodia peddling bikes in EU
Import duties and limits, as well as rising wages in neighbouring countries, made Cambodia the second largest exporter of bicycles to the European Union after Taiwan, an industry newsletter reports. According to Bike-EU.com, which quoted data from Eurostat, Cambodia exported 519,389 units to EU countries between ...
http://www.phpnompenhpost.com/2013020661203/Business/cambodia-peddling-bikes-in-eu.html
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/
The great mobile shake-out
Mobile phone subscribers in Cambodia have had little to complain about in recent years. With six new operators entering the market since 2006, the result was oversaturation and an all-out price war as eight operators fought for a foothold in a country with fewer than ...
http://www.bangkokpost.com/business/telecom/334187/the-great-mobile-shake-out
Cambodian rice millers to boost exports
Rice millers and exporters are optimistic that they will see an increase in exports this year after they received higher orders toward the end of 2012, producers said yesterday. Toch Tepech, president of the Svay Rieng Rice Millers Association, told the Post he had exported over ...
Singaporean law firm expands to Cambodia
Rajah & Tann, Southeast Asia’s largest law firm, has expanded to Cambodia through a tie-up with local law firm Sok & Heng, which has taken on a new name, RT Sok & Heng Law Office. Rajah & Tann’s deputy managing partner, Patrick Ang, estimates that there ...
http://www.phnompenhpost.com/2013020561178/Business/singaporean-law-firm-expands-to-cambodia.html
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/
India to supply HR development assistance
Cambodia has asked India to provide more assistance in the development of human resources to promote economic growth and enhance bilateral co-operation. Deputy Prime Minister Sok An made the request during a meeting with Indian human resource development minister Mangapati Pallam Raju in Phnom Penh on ...
http://www.phnompenhpost.com/2013020561182/Business/india-to-supply-hr-development-assistance.html
Australia Courted for Further Railway Funding
The government has asked Australia to provide more funding to help complete the rehabilitation of the dilapidated railway line between Phnom Penh and the Thai border, a spokesman said yesterday. Foreign Affairs Minister Hor Namhong met with Lieutenant General John Sanderson, former chief of the Australian ...
http://www.cambodiadaily.com/business/australia-courted-for-further-railway-funding-9422/
Japan's businessmen visit Myanmar, Cambodia for investment opportunities
A delegation comprised of Japan’s top business leaders, known as Keidanren, began a six-day trip to Myanmar and Cambodia Monday, seeking new business and investment opportunities there. Hiromasa Yonekura, chairman of the Japan Business Federation, is leading the delegation and said he hopes that meetings with ...
http://news.xinhuanet.com/english/business/2013-02/04/c_132150013.htm
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 ...
Loans and deposits climb
Loans and deposits at Cambodia’s 32 micro-finance institutions and four NGOs, as well as small loans from Acleda Bank, rose sharply last year compared with a year earlier. Industry players say this is a result of the Kingdom’s rapid economic improvement and political stability. Official data from ...
http://www.phnompenhpost.com/2013020461166/Business/loans-and-deposits-climb.html
Hong Kong bans eggs from Cambodia
Hong Kong has banned egg imports from Cambodia due to the country’s recent avian influenza outbreak, which claimed four lives last month. “Hong Kong does not import live poultry or poultry meat from Cambodia, but 170,000 poultry eggs were imported from there last year,” the ...
http://www.phnompenhpost.com/2013020561181/National/hong-kong-bans-eggs-from-cambodia.html