ព័ត៌មាន
Obama visit on track
Another senior United States official has said that President Barack Obama will visit Cambodia in November for the East Asia Summit and the US-ASEAN summit. ...
http://www.phnompenhpost.com/index.php/2012052856420/National-news/obama-visit-on-track.html
The potential of Cambodia
Whenever you build a structure, you always start with a plan that exists first as an idea and then makes its way to paper and then usually a model: and this is true of ships or skyscrapers. Then comes the construction process when you bring in ...
http://www.phnompenhpost.com/index.php/2012052856411/Business/the-potential-of-cambodia.html
Cambodia Officially Starts Trading Life Insurance
Cambodia on May 21 officially started to trade life insurance for first time in history with hope of supplementing social security and growth of insurance development in the kingdom. At the inauguration ceremony at 21st floor of Canadia Tower in Phnom Penh, His Excellency, Aun Porn Moniroth, secretary of state of finance ministry said: “it ...
Athletes Keang Samom represents Cambodia at London Olympic
Keang Samorn will represent Cambodia in the Olympic Games marathon in London in July, Pen Vuthy, secretary general of The Cambodian Athletic Confederation said. ...
President Obama Expected to Attend Summit in Phnom Penh
A senior White House official has again indicated that U.S. President Barack Obama is expected to attend the East Asia Summit in Phnom Penh in November. U.S. Assistant Secretary of State for East Asia and Pacific Affairs Kurt Campbell reiterated Mr. Obama’s plans to attend the ...
Court Accuses Advocate Monk of Incitement
The Phnom Penh Municipal Court has accused the well-known monk and human rights advocate Loun Sovath of incitement for unspecified actions committed in Cambodia and abroad, according to court documents obtained Friday. The court documents, signed by Investigating Judge Duch Kim on Feb. 14, were sent ...
Cambodian forest campaigners fight rampant logging
KOH KONG, Cambodia – Frustrated by government inaction, Cambodian citizen patrollers are risking their lives to take on the country’s illegal loggers in a bid to save their shrinking forests. The shooting of a prominent environmentalist by a military policeman last month after he refused to ...
http://www.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20120527-348666.html
More Chinese firms weigh local investment
Six companies from China’s Guangzhou city and Guangxi province met with Kim Sithan, Cambodia’s secretary of state at the Ministry of Commerce, yesterday to discuss investment in the country Heavy machinery, fertiliser and chemical companies expressed interest in Cambodia’s agricultural sector ...
Municipal Court Sentences 13 Boeng Kak Protesters to Jail
The Phnom Penh Municipal Court yesterday charged and then immediately sentenced 13 women embroiled in a long-running land dispute with CPP Senator Lao Meng Khin’s private company to two-and-a-half years in jail. The women, which included Heng Mom and Tep Vanny, were among the leaders of ...
Conservation Efforts Boost Crab Production
Improved quality coupled with growing international demand has sent crab prices escalating over the past year, officials said on Wednesday. In some provinces, the price has jumped as much as 66 percent during the past 12 months. Lang Kery, chief of the Koh Kong provincial Fishery Administration’s ...
Silk producers look to sew up EU market ties
Cambodia’s silk producers say they must cut costs in order to continue reaching troubled European markets, the primary target for the Kingdom’s sericulture products. Insiders said Cambodian companies must start producing their own silk for the industry to survive. Silk craftspeople import some 400 tonnes of silk ...
Activist monk detained at Wat Botum
Senor members of the monastic community yesterday detained Buddhist monk Loun Savath, an award-winning human rights activist, after he took photos of protesting Boeung Kak lake villagers outside Phnom Penh municipal court. Monks, police and unidentified men in plain clothes violently forced Loun Savath into a ...
Families Forced Out of Homes Ahead of Gov't Deadline
Security forces and employees of a Vietnamese-owned rubber plantation in Mondolkiri province continued to drive families out of their homes yesterday ahead of today’s government-imposed eviction deadline. Officials and villagers say most of the roughly 200 families have already left. With more than 300 security personnel posted ...
Boeung Kak women jailed after three-hour trial
Thirteen women protesters from Boeung Kak lake were yesterday sentenced to two and a half years in prison after a three-hour trial that was widely condemned as illegal – and which prompted SRP lawmaker Mu Sochua to urge the international community to suspend aid to ...
Factory Says Buyers Will Go to Burma if Protests Continue
A representative of a factory that produces clothing for international clothing brands H&M, Gap and Levi Strauss warned yesterday that its buyers will place orders elsewhere if the strike for higher wages and benefits in its two factories continues. An official at the American Center for ...
Aun Pheap and Dene-Hern Chen, P. 24
http://www.cambodiadaily.com
Strikers back at table
Workers from SL Garment factories and union representatives held their second round of talks at the Ministry of Social Affairs yesterday as strikes at the Levi’s, Gap and H&M suppliers continued for the 12 day straight. ...
http://www.phnompenhpost.com/index.php/2012052556386/National-news/strikers-back-at-table.html
Mondulkiri village’s residents say they’d rather die than run
A combined force of police, soldiers and military police last night set a deadline of 8am this morning for villagers in Mondulkiri province’s tiny Rayum commune to leave their homes or face forcible eviction. Authorities, who have surrounded the village for a week, say the villagers’ ...
Activist Monk Released, Vows To Continue Activism
Loun Savath, a monk and rights activist who was detained by plain clothes security officials Thursday, was released that night, after he agreed to sign a letter vowing to stop leading and participating in protests. However, he has promised he will not halt his activism. Loun ...
World Bank outlook for Cambodia positive
The World Bank’s biannual report on Cambodia was largely positive given dire economic prospects in Europe, which economists agreed were closely tied to the Kingdom’s key export sectors. The report, released yesterday, predicted 6.6 per cent growth in gross domestic product Manufacturing is predicted to slow slightly this year, ...
Land Evictions Cause Mass Protests and Arrests to Escalate
The number of protests over land disputes increased in 2011 as forced resettlement, restrictions on freedom of assembly and the harassment of peaceful protesters continued to tarnish Cambodia’s human rights record, Amnesty International said in its annual report released yesterday. Noting the huge impact of economic ...
Honda strike set to roll on
More than 100 staffers protested outside a Honda NCX company in Por Sen Chey district’s Choam Chao commune yesterday because they say employees are being sacked for trying to unionise, among other grievances. Soeurn Sot, a technician at the company, said during the protest that if ...
http://www.phnompenhpost.com/index.php/2012052456362/National-news/honda-strike-set-to-roll-on.html
KFC in Cambodia Makes Losses in First Quarter
The Malaysian company that operates the KFC fast food restaurants in Cambodia has announced the venture made losses of more than a quarter of a million dollars in the first three months of this year. In its first-quarter report to the Malaysian stock exchange, QSR Brands ...
Sihanoukville port on track for stock float
The Sihanoukville Autonomous Port was making every effort to speed up preparations for its listing on the Cambodia Securities Exchange, the port’s chief executive officer, Lou Kim Chhun, said this week. The company would list 15% of it’s stock to begin with, and would ‘study ...
SECC sets minimum capital requirement
The Securities and Exchange Commission of Cambodia (SECC) has set a minimum capital requirement for securities firms A statement from the SECC, released yesterday, said that securities underwriters are required to hold a minimum of 40 billion riel of their shareholder’s equities It also requires securities firms to maintain ...
http://www.phnompenhpost.com/index.php/2012052456352/Business/secc-sets-min-capital-requirement.html