ព័ត៌មាន
U.S. Helps $50 Million Finance For Lower Mekon Countries
The U.S. has declared today that it would help with $50 million US dollars for lower Mekong countries to speed up the integration and connectivity in the region this year. ...
The Southeast Asia Weekly, P. 3
http://thesoutheastasiaweekly.com/
The Week at the CSX - Calm Waters
The price of Phnom Penh Water Supply Authority (PPWSA) stock increased slightly to KHR 6,400 (US$1.57) on July 2 and remained at that level until July 5, while general trading volumes stayed between 10,000 to 12,000 shares except on July 2, when the volume dipped to just 2,200. The price increased ...
Boeng Kak Women Attempt to Meet US Official
Siem Reap City – Four women evicted from the Boeng Kak lake community and released from jail last month arrived here Friday in an attempt to meet Melanne Verveer, the U.S. ambassador-at-large for women’s affairs, who is part of a delegation visiting the country with ...
Union Members Beaten During Factory Protest
Three union members were beaten by a gang of men during a protest outside a factory in Phnom Penh’s Dangkao district on Friday, the Coalition of Cambodian Apparel Workers Democratic Union (CCAWDU) said. CCAWDU members Nei Buthoeurn, Chim Khheang and Chan Poeu, were beaten by a ...
Did Clinton Draw Parallel With China in Discussing US Aid?
Outlining America’s position on territorial disputes between Asean members and China over the South China Sea, U.S. Secretary of State Hillary Clinton on Thursday also expressed views on a matter a little closer to home: the benefits Cambodia gains from U.S. development assistance. Speaking to reporters ...
Cambodia Criticized for Asean Meeting Failure
The “one community, one destiny” motto Cambodia adopted when it took over the rotating chairmanship of Asean this year could not have sounded more hollow as it did Friday when the 10-member bloc failed to produce a joint closing statement for the first time in ...
Cambodian workers on £10 a week making Olympics 'fanwear’
Adidas, the sportswear company, is facing an investigation over claims that Cambodian workers are being paid £10 a week in basic wages to make official merchandise for the London Olympics. It is one of the 2012 Games’ largest sponsors, believed to have invested £100 million, and ...
Kampot Pepper Demand Sees Production Increase
Growing demand abroad for Kampot pepper has resulted in production levels for the commodity increasing by 22 percent to 22 tons during this year’s harvest, officials said yesterday. Nguon Lay, president of the Kampot Pepper Association, said that the amount of farmland used to cultivate pepper ...
Union Bashes Wage Hike, Ponders National Strike
The Free Trade Union (FTU) is unhappy with the size of the raise agreed to this week by manufacturers for garment workers and said it would meet next week to decide whether to hold a nationwide strike in August for a larger increase, said FTU ...
Aspara studying ticket cost
Ticket prices for Angkor Wat will increase after a feasibility study is conducted by tourism experts, according to an official from the Apsara National Authority, the state-run body charged with maintaining the archaeological park. The experts were determining how feasible increasing entrance fees for Cambodia’s UNESCO ...
http://www.phnompenhpost.com/index.php/2012071357387/Business/apsara-studying-ticket-cost.html
Cambodia’s date with US biz
US companies will re-establish their commitment to Cambodia and the region today at the US-ASEAN Business Forum in Siem Reap, a high-profile meeting involving several heads of state and some of the biggest companies in the world. US Secretary of State Hillary Clinton will lead the ...
http://www.phnompenhpost.com/index.php/2012071357388/Business/cambodias-date-with-us-biz.html
Clinton Discusses Investment, Debt in Cambodia
U.S. Secretary of State Hillary Clinton is in Cambodia where she met with Prime Minister Hun Sen to discuss U.S. investment and Cambodia’s outstanding debt. Cambodia wants the United States to forgive more than $400 million in debt accrued by the US-backed military government of Lon ...
Union rep 'forced' to confess
Police released union employee Long Panha last night after taking him into custody during a clash between police officers and workers’ rights representatives near Wat Botum in Phnom Penh in which he was beaten and left bleeding from the head, NGO officials said. According to Panhapolice ...
http://www.phnompenhpost.com/index.php/2012071357393/National-news/union-rep-forced-confess.html
Officials named after blocking volunteers
Authorities in Stung Treng province have released the names of five government officials whom they arrested on Tuesday in Samki commune for interfering with a corps of youth volunteers sent to measure land as part of the prime minister’s national initiative to grant property to ...
Land dispute hearing delayed
The Koh Kong Provincial Court yesterday postponed the first hearing in a long-running land dispute between dozens of villagers from Chikor Leu commune and sugar companies believed to be partly owned by ruling-party senator Ly Yong Phat. ...
http://www.phnompenhpost.com/index.php/2012071357394/National-news/land-dispute-hearing-delayed.html
Official Questioned Over Abuse of Land Project
The Stung Treng Provincial Court yesterday questioned a Council of Ministers official and her husband over accusations that they tried to cheat a land-titling program spearheaded by Prime Minister Hun Sen, a military police commander said. Meas Sokun, who works for the Council of Ministers’ legal ...
Union Official Forced to Sign ‘Confession’
A union representative who was beaten and detained by police during a protest Wednesday was released after being forced to sign a statement taking responsibility for starting a fight with authorities, union officials said yesterday. A bloodied Rong Panha, a representative of the Cambodian Alliance of ...
Prices and Monetary Developments
Price levels picked up during the first half of 2012 but will likely cool down in the second half of the year due to changes in energy prices and major food related items. Therefore, the inflation rate has been upwardly adjusted by 30 basis points to 4.8 percent ...
Number of Japanese firms to surge this year
If industry-watchers were roused last year by the influx of Japanese investment to Cambodia – including bellwether parts manufacturer Minebea – 2012 should not disappoint. Up to 60 new Japanese companies are expected to apply for business licences this year after the number tripled to about ...
Criticism for Cambodia’s tax revenue
Cambodia’s tax revenue increased 16 per cent in the first half of this year compared to the corresponding period last year – a rise economists have attributed to improvements in the Kingdom’s economy. Critics, however, say it amounts to little compared to the national gross domestic ...
Campu and Acleda Post Strong Earnings for First Six Months
Despite being downgraded by Moody’s just over two months ago, profits at Cambodian Public Bank (Campu) and Acleda Bank—two of the largest banks in the country—increased by about 50 percent during the first half of the year, according to figures provided by the banks yesterday. In ...
Ministry, factories strike deal
About 600,000 workers in the lucrative garment and footwear industries, roughly 95 per cent of the sector’s work force, will soon take home an extra US$10 a month, the Ministry of Labour said yesterday. Barely an hour after a protest involving garment workers at the capital’s ...
Mobile phones could replace credit cards
Mobile money transfer service WING is preparing to launch a mobile wallet service later this year, and ACLEDA Unity is preparing to expand its own mobile services, enabling people to quickly pay for things just by touching their phone to a point-of-sale terminal. Near-field communications (NFC) ...
Union Representative Beaten, Arrested by Police
A union representative was beaten with electric batons and arrested by police in Phnom Penh yesterday after more than 20 garment workers marched to submit a petition to Prime Minister Hun Sen’s Cabinet. The petitioners, workers at the Tai Yang garment factory who belong to the ...