ព័ត៌មាន​

China firm proposes $6.5bn deal

Chinese firms have huge ambitions for Cambodia, with a second firm this week proposing three projects worth an estimated US$6.5 billion to the National Assembly yesterday, but no deadlines were set for the implementation of the projects, according to officials. Pan Xiaoping, chairman of Ruijin Investment Holding Ltd, ...

http://www.phnompenhpost.com/index.php/2012080957898/Business/china-firm-proposes-65bn-deal.html

Mekong villagers wary of Xayaburi dam

Fishermen bring their boats to shore, pack away their traps and hand over the day’s catch to their awaiting families on the banks of the Mekong River in Kratie province’s Chitra Borei district. “When my husband arrives home each day, we eat some of what he ...

http://www.phnompenhpost.com/index.php/2012080957913/National-news/mekong-villagers-weary-of-xayaburi-dam.html

Casino building part of 'secret strategy' to protect Cambodia borders

Hun Sen, the prime minister of Cambodia, has said allowing the construction of a spate of casinos on the border was part of a “secret strategy” to protect the country’s territory from its neighbours. In a five hour speech addressing border demarcation issues with Vietnam, he ...

http://www.telegraph.co.uk/news/worldnews/asia/cambodia/9464863/Casino-building-part-of-secret-strategy-to-protect-Cambodia-borders.html

Cambodia Inaugurates China-funded Road in N Provinces

Cambodia on Wednesday inaugurated a 128-kilometer China-funded national road No. 62 in an effort to boost social and economic development in northern provinces. The road, from Kampong Thom province’s Kampong Svay district to the provincial town of Preah Vihear province, cost about 52 million U.S. dollars ...

http://english.cri.cn/6909/2012/08/08/2821s716012.htm

Investment in Cambodia's Construction Increases By 36% by H1

[The] Construction sector has attracted a total investment of 868 million U.S. dollars in the first six months of 2012, up 36 percent from 37 million U.S. dollars at the same period last year, a report from the ministry of land management, urban planning and ...

Cambodia To be Free from ODA in 2030

Deputy Prime Minister and Minister of Economy and Finance H.E. Keat Chhon announced that Cambodia would be free from the Official Development Assistance (ODA) by 2030. Speaking to the U.S. Ambassador to Cambodia H.E. William E. Todd in a discussion at the ministry yesterday, H.E. Keat ...

FASMEC partners to introduce SME clusters

The Federation of Associations of Small and Medium-size Enterprise of Cambodia (FASMEC) will cooperate with the Thailand-based Mekong Institute to train master teachers in an effort to implement a small and medium enterprise (SME) cluster and export consortia in the coming years, according to officials. The two-day workshop ...

http://www.phnompenhpost.com/index.php/2012080857866/Business/small-and-medium-size-businesses-to-introduce-clusters.html

Phnom Penh Land Prices Slow Growth

Property prices in Phnom Penh increased by about 15 percent at the end of June compared to the same period in 2011 , according to data released yesterday by local realty firm Asia Real Estate Cambodia (ARC). The average price of commercial property in Phnom Penh ...

Court to Question 4 Bavet Shooting Witnesses

The Svay Rieng Provincial Court will question four new witnesses to the February shooting of garment workers in Bavet City allegedly committed by former city governor Chhouk Bundith, a court official said yesterday. “We are preparing to schedule the questioning of four new witnesses. It ...

Rice Production Down Due to Limited Rainfall, Report Says

After rising significantly in recent years, Cambodia’s rice production will fall this year because of a shortage of rain, the U.N. Food and Agriculture Organization (FAO) said in a new report. In its second quarter Rice Market Monitor report for 2012 published on Monday, the FAO ...

CSX wants more trading sessions

The Cambodia Securities Exchange (CSX) has requested adding four trading sessions to its two current sessions in the hopes of increasing trade volumes.  The request, if approved by the Securities and Exchange Commission of Cambodia, could see new sessions added within a month. . ...

http:///www.etmcambodia.com

Dispute heats up with RCAF

Commune authorities and 41 Oddar Meanchey families Chheu Krom village staged a forum yesterday, accusing Royal Forces border soldiers of unlawfully grabbing their land and banning the villagers from farming in their area. The dispute, ongoing since 2008, has recently reached fever pitch as RCAF soldiers ...

http://www.phnompenhpost.com/index.php/2012080857875/National-news/dispute-heats-up-with-national-military-troops.html

Small concession in eviction fight

Authorities have partially backed down on an order forcing 196 residents in Phnom Penh’s Por Sen Chey district to move their homes, but refused to scrap the plan completely when confronted at Chaom Chao commune hall yesterday. Phuong Sopheap, one of about 20 residents that congregated ...

http://www.phnompenhpost.com/index.php/2012080857864/National-news/small-concession-in-eviction-fight.html

Families cling to hope for land

Representatives of 44 families embroiled in a violent land dispute in Banteay Meanchey province say they are living like squatters and haven’t been granted long-promised property in the area. Kao Ty, a defence lawyer for the families, said that his clients are among the more than ...

Chinese firm plans investment in Cambodia

PHNOM PENH — China’s Hainan Ruijin Investment Holding Group planned to invest in rice plantation, cow farm and tourism development in Cambodia, the group’s chairman Pan Xiaoping said Wednesday. Pan said during a meeting with Heng Samrin, president of Cambodia’s National Assembly that his company decided to establish an overseas branch office in Cambodia to focus on the threeprojects. Pan did not say when the projects will be started. Heng Samrin pledged full support for those projects, which he said will be good to boost thedevelopment of Cambodia’s economy. “Foreign investment is a key factor to accelerate economic development in Cambodia,” he said.   ...

http://www.chinadaily.com.cn/business/2012-08/08/content_15652416.htm

Donors End Bonuses for Civil Servants

Foreign donors have spotted a multi-millon dollar salary supplement scheme for civil servants falter failing to work out the details of the plan’s future with the government, several donors said yesterday. “Some of the government’s partners decided to end the payments at the end of June”, ...

Worker relieved of factory job

The dismissal of a worker allegedly fired by Xin Lan (Cambodia) garment factory in Kandal province’s Ang Snuol district for frequently relieving himself on the factory’s perimeter fence has sparked a mass strike of about 1,000 fellow workers – almost all of the factory’s staff. Nov ...

http://www.phnompenhpost.com/index.php/2012080757850/National-news/alleged-job-sacking-incites-factory-protest.html

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