ភ្នំពេញប៉ុស្តិ៍
Ethnic group press for communal title
Economic land concessions granted to a pair of Vietnamese companies in Ratanakkiri’s O’Yadav district were endangering the traditional lifestyles of as many as 200 ethnic-minority families, villagerstold the Post yesterday. As the companies actively cleared forest to make room for the eventual rubber plantations, the government ...
Pension scheme ramps up
More than 700,000 workers at private companies and factories across 19 provinces have registered to join a nationwide pension scheme that goes into effect in 2015, Labour Ministry officials told the Post yesterday. A branch of the National Social Security Fund (NSFF), the pension scheme was ...
http://www.phnompenhpost.com/index.php/2012121160211/National-news/pension-scheme-ramps-up.html
Union representatives summoned
Union leaders representing workers on strike at the Tropicana Casino and Resort were served with a summons by the Banteay Meanchey provincial court yesterday after a complaint by the casino’s management. The court summons came around the time Sum Sam Ith, the Tropicana representative, sent ...
Rising tourism prompts ABA growth in Siem Reap
The Advanced Bank of Asia (ABA) is expanding its Siem Reap operations to take advantage of the growing tourism sector. The bank is moving out of its 160-square-metre Sivutha Street office into a 1,080-square-metre, three-level office across the road, and it is now one of the ...
ព្រៃសហគមន៍មួយកន្លែងកំពុងប្រឈមបញ្ហា
ដីព្រៃសហគមន៍ចំនួន ៣៦ ហិកតា នៅក្នុងខេត្តបាត់ដំបង បានត្រូវរាយការណ៍ថាបានផ្ដល់ទៅអោយអ្នកដែលរស់នៅតំបន់ផ្សេង រួមបញ្ជូលទាំងមន្ត្រីយោធាផងដែរ។ ...
David Boyle
http://www.phnompenhpost.com/index.php/2012121060181/National-news/community-forest-woes.html
Cambodia's salt output may decrease
The Kep-Kamport Salt Producers Community expressed concern about the production of salt this year not reaching its forecast due to the late-starting season and the lack of labour to work in the fields. Um Chhun, director of the administration office in Kep-Kamport Salt Producers Community, said ...
http://www.phnompenhpost.com/index.php/2012121060176/Business/salt-output-may-decrease.html
Farmers biggest source of investment in agriculture
Despite attention from Foreign Direct Investment (FDI) and official development assistance, farmers are by far the largest source of investment in agriculture, the State of Food and Agriculture 2012 report by the Food and Agriculture Organization published last week said. Farmers in low and middle income ...
MoU to strengthen co-operation between Cambodia and India
The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said. The Sokha, deputy director ...
No loans until poll: World Bank
Discussions on restarting World Bank loans to Cambodia will not commence until after the 2013 elections, a bank official said yesterday. After a landmark freeze on loans announced in December 2010, a response to the forced evictions by the government of residents of the Boeung Kak ...
Mooted casino tax shot down by ruling party
Casinos are first and foremost for protecting Cambodia’s border, not for making money, government lawmakers insisted in parliament yesterday when drilled about their opposition to raising gambling taxes. Seizing on an off-the-cuff comment made by Prime Minister Hun Sen during a speech in August, Finance Minister ...
Peace Palace petitions sent to Prime Minister
Eight representatives of Phnom Penh communities involved in land disputes were allowed to present their petitions to the Council of Ministers yesterday after authorities blocked about 200 of their fellow petitioners from gathering in front of the Peace Palace. During a meeting with the representatives, Bun ...
Cambodia's Securities Exchange set to add more listings
Cambodia’s Securities Exchange (CSX) may have its first private company listing early next year with Grand Twin International, a Taiwanese-owned garment factory, submitting its letters of intention to the Securities Exchange and Commission of Cambodia (SECC). Industry representatives and government officials believe the listing will be ...
Real Estate Mondays launches
A group of local property agents has initiated a monthly gathering for real estate professionals and those interested in the industry to meet and share business ideas and industry insights. The first of the monthly gatherings, known as Real Estate Monday, was held this week at ...
http://www.phnompenhpost.com/index.php/Real-Estate/real-estate-mondays-launches.html
Labour shortage vexes farmers in Pailin province
Farmers in Pailin province have complained about a shortage of workers during this year’s corn and cassava harvesting season. Meas Loeun, team leader of Momean Moy community’s 38 teams in Pailin, said the shortage of workers to help harvest corn and cassava is a major challenge ...
Kampong Chhnang prices on the rise
Real estate prices in Kampong Chhang province have increased by around 10 per cent over the last 12 months, according to experts. Dith Chana, general manager of VMC Real Estate Cambodia, said that Kampong Chhnang is only 91 kilometres from Phnom Penh, but the development of ...
http://www.phnompenhpost.com/index.php/Real-Estate/kampong-chhnang-prices-on-the-rise.html
Chinese officials to dam site
China has reportedly dispatched embassy officials to investigate a major breach at the Chinese-built Stung Atai dam in Pusat province on Saturday, which swept away four men, three of whom are still missing. Yang Tian Yue, spokesman for the Chinese Embassy in Phnom Penh, told local ...
Low China demand may keep local rubber prices down until 2015
Cambodia’s rubber price is expected to fall further in coming years while government projects aimed at doubling rubber resin production will take effect by 2015, according to the latest figures from the Rubber General Department. Mak Kimhong, president of the Cambodia Rubber Association and owner of ...
Demand for satellite cities low: report
Phnom Penh, which currently has six satellite cities under development, may be jumping the gun in terms of the demand for them, according to a new report from global real estate firm CBRE. In its latest MarketView report, CBRE says bluntly that currently “demand for satellite ...
http://www.phnompenhpost.com/index.php/Real-Estate/demand-for-satellite-cities-low-report.html
Tenants Look for Apartments Beyond Daun Penh
Foreign renters are vacating apartments in Phnom Penh’s central Daun Penh district and opting for cheaper, more spacious and better-equipped living spaces elsewhere in the city, realtors and landlords say. As a result, landlords in Daun Penh are being forced to decrease rental prices to try ...
http://www.cambodiadaily.com/business/tenants-look-for-apartments-beyond-daun-penh-6481/
Opposition party calls for land concession tax raise
Opposition party whip Son Chhay reiterated his call at a press conference yesterday for the government to raise taxes on economic land concessions from $5 to $7 a hectare up to $70 through an amendment to the draft of the 2013 budget. The Sam Rainsy Party ...
http://www.phnompenhpost.com/index.php/2012120560103/National-news/up-land-concession-tax-srp.html
UK to increase trade with Cambodia
British ambassadors and high commissioners from the ASEAN region convened last week in Singapore; among the range of topics discussed was the increase of the UK’s economic involvement in the region. According to Mark Gooding, British Ambassador to Cambodia, UK trade with Cambodia has been increasing ...
Phnom Penh signs city lights contract with French company
Phnom Penh City Hall had signed a contract with the French company Citelum on Monday to broaden and modernise its public lighting system over the course of a 20-year agreement, the French embassy announced yesterday. ...
Cambodia's cheap labour attracts interest
TK Garment Co Ltd, a leading Thai original equipment manufacturer for fashion lines in Thailand, is relocating its largest production site to Cambodia to escape high wage costs, the Bangkok Post reported yesterday. According to Ken Loo, secretary general of the Garment Manufacturers Association in ...
China seen as potential market for Cambodia’s exports
The Commerce Minister said yesterday that China is a potential market for Cambodia’s garment exports and some other agricultural products while the traditional big markets of Europe and the United States are experiencing an economic slowdown. Cham Prasidh said at the sidelines of the Cambodia-China Trade ...