ព័ត៌មាន
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 ...
Official Arrested Over Abuse of Land Program
Police in Stung Treng province on Tuesday arrested a Council of Ministers official and her husband for trying to cheat a land-titling program Prime Minister Hun Sen announced last month, according to local officials. It marks the second time this week that authorities arrested or detained ...
Confiscated bulldozer rejected
Hundreds of people from 10 villages in Svay Rieng province’s Krasaing commune claim that Mittapheap Rubber Tree Company has been clearing parts of their community-owned forest illegally for more than a year. On Tuesday, residents involved in the land dispute took matters into their own hands. ...
Clinton Says Asean Is Key to US Foreign Policy
U.S. Secretary of State Hillary Clinton yesterday raised the issue of territorial disputes in the South China Sea with Prime Minister Hun Sen and outlined the strong focus the administration of U.S. President Barack Obama is currently placing on the Asean region, officials said. Arriving in ...
Farmland included in border exchange
Cambodia and Vietnam’s border shuffle in Kampong Cham won’t involve ceding the two previously discussed villages to Vietnam, a government official said yesterday, but it will include farmland meant to compensate Vietnam for the ethnic Khmer villages on what is believed to be the Vietnamese ...
Manufacturers Raise Garment Workers’ Pay
Manufacturers in Cambodia yesterday agreed to increase the monthly wage of garment workers by $7 per month by providing them with additional allowances for transportation and housing, bringing the minimum wage packet taken home every month to $73. The raise occurred as the number of strikes ...
Bloody crackdown on garment strike in Phnom Penh
A union employee representing striking workers from a factory that supplies Levi’s and Gap was left a bloodied mess near Wat Botum yesterday after police allegedly attacked him. According to rights groups, police set upon Long Panha, of the Cambodian Alliance of Trade Unions (CATU), who ...
Interfering officials arrested
Military police in Stung Treng province arrested five government officials yesterday after they forcibly stopped student volunteers from measuring property lines as part of Prime Minister Hun Sen’s national initiative to help settle land disputes. ...
Tourism Industry Will Continue to Contribute Economic Growth: Minister
The tourism industry will resume helping the economic growth of the country, Tourism Minister Thong Khon said this week. Currently we lost about 247 million US dollars on other facilities of tourism fields. He adds: “We agreed that the benefits from tourism have 25% leakage as we earn about 1.9 billion US dollars in ...
Brewery answers PM’s call for product exports
Khmer Brewery (KB), a locally owned company that produces Cambodia Beer, has made its first export to Japan, partly in response to Prime Minister Hun Sen’s call in mid-May for local food and beverage producers to push their products abroad. KB public-relations manager Sok Chantha said ...
Rocket Internet launches e-commerce site in Cambodia
A local representative of controversial online start-up incubator Rocket Internet said the company would invest “millions” in Cambodia as it launched a new online retail store yesterday, in what market insiders call a trend toward increasing e-commerce in the Kingdom. The site, shop.com.kh is offered in ...
http://www.phnompenhpost.com/index.php/2012071157333/Business/rocket-launches-e-commerce-site.html
Land Project Sees Second Bribery Suspension
A second police official in Ratanakkiri province has been suspended on suspicion that he demanded money from villagers so that their names could be included on a list of people eligible for land titles as part of Prime Minister Hun Sen’s new titling program, police ...
Water Supply Stock Falls Back to Initial Value
The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...
Dozens of City Offices Privatized
The government last month privatized more than a dozen department and commune offices in some prime locations around Phnom Penh, and will move many of them to Sen Sok district, according to documents and officials. A sub-decree dated June 27 and signed by Prime Minister Hun ...
Clinton visit sparks hope
US Secretary of State Hillary Clinton arrives in Phnom Penh today for diplomatic and business talks with China and ASEAN’s 10 member states, but rights groups and opposition parties are counting on the state of human rights in Cambodia to be a top priority as ...
http://www.phnompenhpost.com/index.php/2012071157348/National-news/clinton-visit-sparks-hope.html
Canada eyes close ties with Cambodia, ASEAN
Canada is willing to build close ties with Cambodia and other ASEAN member states in politics, trade and investment, said Canadian Foreign Minister John Baird on Wednesday. John said that Canada’s International Trade Minister Ed Fast will make a visit to Cambodia next month to ...
http://news.xinhuanet.com/english/world/2012-07/11/c_131709296.htm