ព័ត៌មាន
Hyatt Overtakes Siem Reap’s Hotel de la Paix
Hyatt Hotels Co will open its first hotel in Cambodia next year by rebranding the well-known five-star boutique resort Hotel de la Paix, the company said in a statement on Tuesday. As part of the agreement, KS Hotels and Resorts, a Thai-based firm, will retain full ...
EU Launches Food Security Program Aimed at Minorities
The European Union has launched a $4.5 million program aimed at increasing food security among indigenous minorities in Ratanakkiri province, including those whose land has been affected by the growing number of economic land concessions in the area. Speaking on the sidelines of the launch in ...
Beer Promoters Seek Higher Wages and Increased Respect
Beer promoters are hoping a new documentary chronicling the conditions they face in the workplace will pressure beer companies to increase their wages and reduce harassment from customers. The documentary, launched yesterday at a meeting with members of the Cambodian Food and Service Workers Federation (CFSWF), ...
Koh Kong power to go to Thais
Cambodian tycoon Ly Yong Phat has signed a US$3 billion joint-venture agreement with Thai energy firm Ratchaburi Electricity Generating Plc on what would be the Kingdom’s largest power station. Just under 90 per cent of the power, however, would be sold to Thailand. The 1,800 megawatt ...
http://www.phnompenhpost.com/index.php/2012032955308/Business/koh-kong-power-to-go-to-thais.html
Police deny baton beatdown
The Phnom Penh municipal police chief yesterday denied claims his officers had beaten three female garment factory workers with batons and shields during a protest in which a 21-year-old’s nose was allegedly broken on Tuesday. Police chief Touch Naruth called the Post yesterday claiming no weapons ...
http://www.phnompenhpost.com/index.php/2012032955319/National-news/police-deny-baton-beatdown.html
Borei Keila Residents File Land Transfer Complaint
One hundred and thirty-five families evicted from the Borei Keila community filed a complaint with the Council of Ministers and Finance Ministry yesterday against Phnom Penh Municipality for trying to transfer to the Phanimex company land belonging to the community, a resident said. ...
Drainage System Planned For Boeng Kak Lake
About 70 residents from Phnom Penh’s Boeng Kak lake met with Daun Penh district governor Sok Sambath yesterday to discuss the first phase of a new drainage system around the lake area that will protect against floods, a villager and municipal official said. ...
Supreme Court Wants $200K Cash Deposit in Renakse Case
The Supreme Court has requested that the owner of Phnom Penh’s shuttered Renakse Hotel deposit $200,000 with the court as proof that it is able to pay compensation to the hotel’s former manager, a lawyer said yesterday. In 2008, the ruling CPP sold the French colonial-era ...
Voices divided pre-ASEAN
Protecting human rights, especially those of Cambodian migrant workers traversing borders to countries such as Malaysia, dominated discussions at yesterday’s ASEAN Peoples’ Forum, one of two competing pre-summit forums that claim to be giving a voice to Cambodians. Speaking at yesterday’s forum, Seng Sakda, director-general ...
http://www.phnompenhpost.com/index.php/2012032955323/National-news/voices-divided-pre-asean.html
Canadia subsidiary buys 15% stake in CVI
Diamond Island Development Co Ltd, owned by Canadia Bank, yesterday bought a 15 per cent stake in Investment and Development Company of Cambodia (IDCC)’s Cambodia-Vietnam Insurance Plc. The companies declined to give the value of the stake. Ngay Mengly, sales officer at Cambodia-Vietnam Insurance Plc, said ...
Svay Rieng shooting victims get their say
The three young women wounded in last month’s factory shooting in Svay Rieng province will meet with provincial prosecutor Hing Bunchea today to give their account of the February 20 incident that has yet to produce an arrest warrant. Bun Chinda, 21, Nuth Sokhorn, 23, and ...
Villagers take sawmill to task
Kampong Thom province Villagers patrolling Prey Lang forest claimed yesterday that about 600 resin trees they found inside a sawmill in the Kampong Thom province had been cut down illegally – an allegation government officials quickly denied. After resistance from police and soldiers monitoring their actions this ...
Bank Backs Displaced Families’ Compensation
The Asian Development Bank (ADB), one of the two major financiers of the rehabilitation of Cambodia’s railways, yesterday rejected criticism that they were providing insufficient resettlement packages to residents displaced by the project. On Friday, the ADB released a cost study that showed that the compensation ...
Sea Clashes Loom Over Southeast Asia Summit
Tiny Cambodia is emerging as a key pawn in the diplomatic struggle over one of the world’s busiest stretches of water: the potentially energy-rich South China Sea. The country of 15 million people is this year hosting a series of regional summits in which China’s claims ...
http://online.wsj.com/article/SB10001424052702304177104577308972320988892.html?mod=googlenews_wsj
China influence over Cambodia to be tested at SE Asia summit
China’s presence in the Cambodian capital Phnom Penh is obvious. The city skyline is dotted by Chinese-funded projects. But the full extent of Beijing’s influence here will be tested when President Hu Jintao visits this week ahead of a regional summit. The timing of Hu’s visit ...
http://www.reuters.com/article/2012/03/29/asean-china-idUSL2E8ER98X20120329?irpc=93
Phnom Penh Cleans Up Prior To Next Week’s Asean Summit
In addition to security and public order initiatives in the lead-up to next week’s Asean Summit, Phnom Penh authorities said yesterday they would be redoubling their “clean city” efforts. “We’re keeping security and order, and we asked Cintri [waste disposal company] to double the numbers of ...
ASEAN aims to dodge crisis in West
ASEAN finance officials and the heads of regional central banks yesterday homed in on the possibility of economic crisis as well as potential means of averting contagion in fledgling Southeast Asian economies. The officials have also agreed “in principle” to doubling a regional currency fund to ...
Draft Law Aims to Combat Price Dumping
The government is finalizing a draft law that will aim to prevent importers from price dumping and protect local producers by allowing authorities to raise tariffs on goods, according to a copy of the draft law. In the past, local producers have been negatively affected by ...
No word on Philippines rice deal, exporter says
Green Trade, a state-owned, milled-rice exporter, had not been updated on a government-to-government rice deal with the Philippines despite recent media reports that claimed a deal was near. ...
Pursat City Residents Threaten To Protest Electricity Prices
More than 500 residents of Pursat City have signed a letter addressed to Minister of Industry, Mines and Energy Suy Sem threatening to take to the streets in protest if the town’s privately owned electricity distributor does not reduce prices. Rong Chhun, president of the Cambodian ...
PPWSA edges closer to IPO
As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...
http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html
Ambassador Reiterates S China Sea Stance
Chinese Ambassador Pan Guangxue yesterday said that China opposes the contentious issue of the South China Sea being discussed by countries that are not directly involved in the regional maritime dispute. Speaking at a news conference at the Chinese Embassy to discuss Chinese President Hu Jintao’s ...
Hun Sen’s Nephew Hits Back at Allegations
Prime Minister Hun Sen’s nephew Hun To hit back strongly yesterday at allegations published in a leading Australian newspaper, The Age, which linked him to an international drug smuggling and money laundering ring, demanding that the publisher print a retraction. Mr. To sent a letter to ...
Three Injured by Police During Factory Protest
Three factory workers were injured yesterday during a protest in Phnom Penh’s Pur Senchey district when more than 500 workers clashed with about 100 police officers, according to eyewitnesses and union representatives. Workers from Win Shingtex (Cambodia) Co Ltd had originally planned to march from the ...