ភ្នំពេញប៉ុស្តិ៍
Last days of a valley damned
Yong Yim’s voice rises to a high-pitched quiver when she talks about a planned dam in the Areng Valley that would inundate land her family has inhabited for hundreds of years to form what amounts to a giant battery. Now they are staring at ...
ម៉ៃ ទិត្យធារ៉ា David Boyle និង Danson Cheong
http://www.phnompenhpost.com/2013020861238/National/last-days-of-a-valley-damned.html
Japanese delegation seeks business options
Some 140 Japanese investors arrived in Cambodia yesterday to meet with local government leaders and other stakeholders in an effort to boost economic cooperation between the two countries. According to the Japanese Embassy in Cambodia, the delegation arrived in the country yesterday afternoon, following a visit ...
http://www.phnompenhpost.com/2013020861255/Business/japanese-delegation-seeks-business-options.html
De Castle Royal to be completed by 2014
The De Castle Royal Condominium project, which has been on hold for some time, has announced that it will go back on the market after gaining $28 million in loans from Canadia Bank, which will allow for the completion of the 32-storey-building. The general manager of ...
http://www.phnompenhpost.com/2013020761213/Real-Estate/de-castle-royal-to-be-completed-by-2014.html
Longan farmers in Pailin plan factory
A co-operative of longan farmers in Pailin plans to build a processing factory to increase export capacity as output and demand rise. Meas Loeurn, the co-operative’s leader, told the Post on Wednesday rising demand from China was prompting growing numbers of farmers to cultivate the fruit. “During ...
http://www.phnompenhpost.com/2013020861252/Business/longan-farmers-in-pailin-plan-factory.html
Union files assault court complaint
The Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) filed legal complaints yesterday, following allegations on Wednesday that police had assaulted seven garment workers, including a pregnant woman. Sa’ang district police chief Chea Socheat yesterday again denied officers had been violent during a strike ...
http://www.phnompenhpost.com/2013020861260/National/union-files-assault-court-complaint.html
Akra co-op signs first rice mill agreement
American business group Akra, led by Cambodian-born former US ambassador to the United Nations, Sichan Siv, has signed an agreement with a rice mill under a new co-operative structure it says puts ownership and profits back in to the hands of Cambodian producers. Akra’s managing director ...
http://www.phnompenhpost.com/2013020861251/Business/akra-co-op-signs-first-rice-mill-agreement.html
Hospitality sector booked out for Lunar New Year
When Chinese and Vietnamese tourists will flock into Cambodia’s Siem Reap province for Lunar New Year, heightened demand for accommodation may make things tough, insiders say. Ang Kim Eang, president of the Cambodian Association of Travel Agents, said that while many Chinese and Vietnamese tourists will ...
Project set to develop franchising
The University of Sydney Business School has launched a research project in an effort to identify barriers to franchising in Southeast Asia, including Cambodia, and to develop a strategy to boost the sector’s growth in the region. The two-year project, funded by AusAID, targets structural, regulatory, ...
http://www.phnompenhpost.com/2013020861250/Business/project-set-to-develop-franchising.html
Garment firm to list on CSX
The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...
http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html
Cambodia's inflation rate fell to 3 per cent in 2012
Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...
Cambodia's energy costs deter investors
Cambodia’s infrastructure is deterring highly anticipated investment into the production of raw materials to support its rapidly growing garment sector, experts say. While garment exports rose 10.2 per cent to $5.48 billion last year, the increase of raw materials imported to support this growth increased about ...
http://www.phnompenhpost.com/2013020761221/Business/cambodia-s-energy-costs-deter-investors.html
Cambodia's government takes back land
The government has slashed about 250,000 hectares of land from 79 economic land concessions (ELCs), forest concessions and wildlife protection concessions and will return it, replete with land titles, to “poor people”, January’s Royal Book says. The publication, issued on January 17 and obtained yesterday, says ...
http://www.phnompenhpost.com/2013020761237/National/cambodia-s-government-takes-back-land.html
Investors from Korea relocate to Cambodia
Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...
http://www.phnompenhpost.com/2013020761220/Business/investors-from-korea-relocate-to-cambodia.html
Tractor imports decrease, but experts not concerned
Tractor imports fell by 24 per cent last year, a significant decrease from 44,993 units in 2011 to 36,301 units, according to recent statistics from the Ministry of Economy and Finance. Although the cultivation of some crops in the Kingdom has increased, analysts said yesterday ...
Guilty verdict for timber cop
Pursat Provincial Court yesterday sentenced a military official, Poung Puthearith, to two years in jail – suspended to six months – on charges of threatening and obstructing the works of a forestry official, a court official said. Puthearith was arrested by the Anti-Corruption Unit ...
http://www.phnompenhpost.com/2013020761235/National/guilty-verdict-for-timber-cop.html
Court sets date for new hearing in Bandith case
The Appeal Court has set a hearing date in a case against former Bavet town Governor Chhouk Bandith, who stands accused of shooting three protesting garment workers last year. In December, the Svay Rieng Provincial Court dropped charges against the official, only to see the case ...
Local cashew nut exports increasing
Cambodia’s cashew-nut exports increased sharply from 443 tonnes in 2011 to 4,453 tonnes last year, according to the Ministry of Commerce. But observers say these figures do not reflect reality, as a large percentage of exports had not been recorded. An expert in cashew nut production, ...
http://www.phnompenhpost.com/2013020661205/Business/local-cashew-nut-exports-increasing.html
Aeon considering more malls in Phnom Penh
More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...
Ta Prohm restoration workers go on strike
The entire work force of the Ta Prohm temple restoration project in Siem Reap – more than 100 people – gathered at the temple yesterday to demand the reinstatement of 30 of their number [sic] who were dismissed at the start of the month. The 145 ...
http://www.phnompenhpost.com/2013020661208/National/ta-prohm-restoration-workers-go-on-strike.html
'Separatist' farms replaced by RCAF base
A track of land once farmed by 1,000 families in Kratie province — families violently evicted amid claims they were part of a separatist movement — is now home to a military base. Unit 9 Royal Cambodian Armed Forces base, which will be finished later this ...
http://www.phnompenhpost.com/2013020661212/National/separatist-farms-replaced-by-rcaf-base.html
Cambodia peddling bikes in EU
Import duties and limits, as well as rising wages in neighbouring countries, made Cambodia the second largest exporter of bicycles to the European Union after Taiwan, an industry newsletter reports. According to Bike-EU.com, which quoted data from Eurostat, Cambodia exported 519,389 units to EU countries between ...
http://www.phpnompenhpost.com/2013020661203/Business/cambodia-peddling-bikes-in-eu.html
Relocation site has villagers worried
Villagers facing relocation from the site of the planned Lower Sesan 2 dam in Stung Treng province were told last week that they would be moved 15 kilometres from the river they rely on for fishing, a commune chief said yesterday. Seak Mekong, commune chief in ...
http://www.phnompenhpost.com/2013020661210/National/relocation-site-has-villagers-worried.html
Cambodian rice millers to boost exports
Rice millers and exporters are optimistic that they will see an increase in exports this year after they received higher orders toward the end of 2012, producers said yesterday. Toch Tepech, president of the Svay Rieng Rice Millers Association, told the Post he had exported over ...
Singaporean law firm expands to Cambodia
Rajah & Tann, Southeast Asia’s largest law firm, has expanded to Cambodia through a tie-up with local law firm Sok & Heng, which has taken on a new name, RT Sok & Heng Law Office. Rajah & Tann’s deputy managing partner, Patrick Ang, estimates that there ...
http://www.phnompenhpost.com/2013020561178/Business/singaporean-law-firm-expands-to-cambodia.html