ព័ត៌មាន
Villagers Seek Premier’s Intervention for Land Titles
Villagers from Battambang province have submitted petitions to Prime Minister Hun Sen asking that land management officials grant them the titles to the land they claim to have lived and worked on for 30 years. Apparently they were previously granted the right to construct homes ...
Impact Analysis Urged for Massive Trade in Macaques
32,000 macaques primates have been exported from Cambodia over a 4 year period according to the Convention on International Trade in Endangered Species. The Species Survival Network has said that there is a significant trade in the animal and that it is most commonly used ...
Villagers Struggle in Face of Chinese Tourism Project
Villagers along the Koh Kong province’s coastline have been relocated by a Chinese development company as they have not been granted access to their farm land which falls within the development area and are running short of food. 20 tons of rice have been delivered ...
Economist Say GDP to Reach 8.7%
Cambodia’s economic growth is expected to reach 8.7 percent this year as a result of the growth within the garment sector and the increased prices for agricultural products. The Economic Institute of Cambodia (EIC) has said that the garment industry, including the manufacturing of shoes, ...
Ministry Releases Data on Trade for 2011
The trade deficit of Cambodia has reached $1.02 billion for the first six months of the year or 48.63 percent according to the Ministry of Commerce. This is as a result of exports increasing 50 percent based on year-on-year data. According to Chan Sophal, president ...
Machinery Imports Soar Through First Six Months
Sihanoukville Autonomous Port has seen an increase of 520 percent in the amount of construction machinery being imported. According to Chea Sambath, director of the port’s planning and statistics department, the increase is as a result of the increased investment in roads, hydropower dams and ...
Fashionistas Plan Extravanganza in Cambodia
2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...
After Mass Faintings, Factory Temporarily Closes
Hung Wah Cambodia Garment factory has been temporarily closed by its management after a second mass fainting spell of its floor workers. Authorities have asked that the factory close for a short time in order for the workers to have an opportunity to relax. There ...
Luxury Projects Set for Olympic Stadium Area
Government approval has been granted to the Overseas Cambodia Investment Corporation (OCIC) for the development of high-end condominiums, a hotel, shopping mall and more on the land surrounding the Olympic Stadium in Phnom Penh. OCIC is in the process of obtaining a 99 year lease ...
Villagers Block Rubber Company From Forest
60 villagers in Svay Rieng province demonstrated to prevent the Mittapheap Rubber Company from moving its machinery into the area. The company has plans to clear 500 hectares of land in what the villagers claim is their protected community forest. Adhoc is investigating the claims ...
Thais Feared VN Support, Cable Shows
A US diplomatic cable released by WikiLeaks shows that Thailand feared Cambodia gaining military support from Vietnam over clashes between the two neighboring kingdoms about the disputed Preah Vihear temple. Thailand was also prepared to invoke a treaty with the USA that requires the US ...
US Debt Woes Could Affect Cambodia, Conference Told
Cambodia is concerned that US debt could lead to rising import costs. US lawmakers are currently trying to pass a deficit-cut deal before Aug. 2 when the US reaches its own debt ceiling of $14.3 trillion. Without a deal the US would default on its ...
Concessions Affect 3,000 Families, Adhoc Says
According to human rights group Adhoc, five agro-farming concessions granted to Chinese firms are adversely affecting 3,000 families in Preah Vihear province. The concessions have come with warnings of possible land disputes and potential protests. Prime Minister Hun Sen granted the economic land concessions to ...
Basic Concerns Remain Priority in Rural Areas
Roads, bridges, schools, sanitation and other forms of basic infrastructure are still top priorities for many rural citizens of Cambodia. Comfrel has done a study of issues that voters are concerned with and found that infrastructure is a key area. Traditionally the rural areas have ...
Police Prove Mass Fainting at Phnom Penh Garment Factory
70 workers at the Hung Wah Cambodia Garment Mfg. factory have fainted bringing the number of mass fainting in factories over the last year to nine. It is a well known phenomenon in Cambodia with three major spells so far this year. “Excessive hours of ...
‘Price Dumping’ in Telecoms Market Still Persists
The Ministry of Post and Telecommunications implemented a law preventing mobile phone service providers from selling at less than cost over a year and a half ago, though the companies are still lowering their tariffs in an effort to remain competitive in the highly saturated ...
Culture Ministry Plans to Build New Cinema
In an effort to increase Khmer film production the Ministry of Culture and Fine Arts is going to build a state-run cinema next to the Chaktomuk Conference Hall. Recently Westec Media opened a cinema, the first offering 3D movies in Cambodia, at City Mall in ...
Tourism driving total investment approvals
The high number of approved projects in the tourism sector is a sign of optimism according to Minister of Tourism Thong Khon. Due to emphasis on areas beyond Angkor Wat, Cambodia’s GDP could largely be a result of tourism. The current 57 projects are worth ...
Oil Dispute CNPA ready to discuss claims area
Returning to the negotiating table is once again a possibility for the Cambodian National Petroleum Authority now that they have a stronger legal team. Due to the appointment of ousted Thai prime minister Thaksin Shinawatra as an economic advisor to Cambodia, Thailand put the 2001 ...
Cambodia’s Vietnam trade increasing
Prices for Vietnamese goods are increasing driving up demand for lower cost Cambodian goods. Exports to Cambodia’s neighbor have increased by more than 84 percent for the beginning of 2011, totaling some $247 million according to the Vietnam Trade Office. Inflation is rising in Vietnam ...
ANZ Royal sees yuan role
ANZ Royal Bank is seeking a larger part in handling transitions involving the Chinese yuan as the currency becomes more prevalent. Exports who bill their clients in yuan are being granted tax rebates of between 15 and 18 percent by the Chinese government. A service ...
http://www.phnompenhpost.com/index.php/2011072250563/Business/anz-royal-sees-yuan-role.html
Vendors face eviction to beautify beach
In May Cambodia became a member of the World’s Most Beautiful Beach Club and as a result Koh Kong provincial authorities are not renewing leasing for beachfront stores and evicting those who work there. The leases are said to have expired two months ago, and ...
Supertex workers in new strike
Textile workers at the Supertex factory are considering holding another strike because their compensation demands have not been met during an Arbitration Council hearing. Previously Supertex announced it was closing its factory without having given prior notice, prompting the 1,600 works to seek arbitration. With ...
Fire trucks blamed in fainting
The mass fainting spell that affected the Hung Wah Cambodia Garment Manufacturing factory in Phnom Penh yesterday has been blamed on the lack of sleep due to fire trucks having been nearby during the night putting out a blaze. There has been some debate over ...