ភ្នំពេញប៉ុស្តិ៍
Cambodia's oil imports rise
Cambodia imported approximately 1.2 billion tonnes of petroleum in the first nine months of the year, up 12.51 per cent from the 1.1 billion tonnes in the same period last year, statistics from the Ministry of Commerce showed last week. From January to September, Cambodia bought ...
http://www.phnompenhpost.com/index.php/2012111459729/Business/cambodias-oil-imports-rise.html
Three Arrested at Border
Three Cambodians including a border patrol solider were arrested by Thai soldiers whilst they and several other villagers transported illegally logged rosewood from Thailand into Cambodia last Friday. “Seven villagers escaped and three were arrested,” said Khuon Srey Sros, cheif of Oddar Meanchey Province, Thmor Daun ...
http://www.phnompenhpost.com/index.php/2012111359703/National-news/three-arrested-at-border.html
Still no date for Bandith trial
Nine months after former Bavet town Governor Chhouk Bandith allegedly shot three Garment workers during a protest, the Svay Reing provincial prosecutor has wrapped up his investigation, though a court date has not yet been set , a court official said yesterday. But the slow ...
Maids find local Champion
The abuse of Cambodian maids overseas has become one of the most documented human rights violation here. But as the Government, media, NGOs and aid agencies focus their energies on domestic laborer living abroad, advocates have begun to urge that closer attention be paid to ...
http://www.phnompenhpost.com/index.php/2012111359705/National-news/maids-find-local-champion.html
Evictees still awaiting Obama
As more than 100 protesters continued to spend their days camped outside the US embassy appealing for the release of two land activists, a delegation from Amnesty International visited the Boeung Kak Community yesterday to offer support for their fight Amnesty International would continue to monitor ...
Boutique hotels on the rise
Local company VLK Royal Tourism Group has embarked on a joint venture with a Thai partner to build OC Hotel, a four-star boutique hotel in Sihanoukville. The venture was prompted by rising demand as well as increasing tourist numbers to the coastal area off the ...
http://www.phnompenhpost.com/index.php/2012111359696/Business/boutique-hotels-on-the-rise.html
Visa agreement gets delayed
DESPITE some reports, Cambodian officials said Cambodia and Thailand have not yet set a date for implementing the Irrawaddy-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) single visa. Koy Kuong, spokesman for the Ministry of Foreign Affairs and International Cooperation, said a single visa scheme for all five ...
http://www.phnompenhpost.com/index.php/2012111359702/Business/visa-agreement-gets-delayed.html
AK Shots provoke complaints
Villagers in Ratanakirri province filed complaints to the provincial court and rights group Adhoc yesterday, claiming three security guards patrolling former state forest in O’Chum district threatened them and fired an AK-47 to scare them away. Kreung ethnic villager Travh Khambon, 37 of La’ak commune Kam ...
Controversial Pöyry tapped for Xayaburi
Multinational consulting and engineering firm Pöyry has signed a contract with the Lao government to supervise construction of the divisive Xayaburi hydropower dam in the country’s north, it announced Friday. This work, carried out by its Energy Business Group, will include reviewing the design and ...
Rural areas gain clean water
An NGO has plans to supply clean water to 60 rural provinces between 2013 and 2016 in an effort to increase access to water and meet the demand of their citizens. Chai Lo, the founder and country director of 1001 Fontaines, said at the opening of ...
http://www.phnompenhpost.com/index.php/2012111259680/Business/rural-areas-gain-clean-water.html
City brushes off ice factory complaint
Phnom Penh municipal officials Nov. 8, 2012 dismissed the complaints of more than 60 families about a Russei Keo district ice factory’s levels of noise and bad fumes. Following their inspection of the Om Rith factory, a manufacturer of Super Ice, officials from Phnom Penh’s Department ...
Manulife pays out to family over Everest climber’s death
Life insurance company Manulife has compensated its first client since it began operations in Cambodia in June this year, a company official said. Robert J Elliott, CEO and general manager, told the Post yesterday that Manulife disbursed its first claim to the beneficiaries of its client, ...
Destroyed houses spark debate in Kampot
A company owned by a board member of the Cambodian Chamber of Commerce has been accused of illegally destroying more than 80 houses in Kampot province’s Chhouk district, a claim vigorously denied by the firm and local authorities. Chan Pheng, a villager from Chi Bak village ...
Tax revenue up from 2011
Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far ...
Phnom Penh villas declining
For many years, Phnom Penh’s villas have represented the most attractive and obvious options for both commercial and residential use in the city, but experts say the number of villas available is on the decline. The stock of villas is decreasing, due to the demolition and ...
http://www.phnompenhpost.com/index.php/Real-Estate/phnom-penh-villas-declining.html
$11 million for new serviced apartments
Approximately $11 million will be invested in the 14-storey Silvertown Serviced Apartments in BKK1, according to the president of agents Knight Frank last week. Sunny YL Soo, the managing director of Knight Frank in Cambodia, said that the demand for leased apartments in Cambodia is rising ...
http://www.phnompenhpost.com/index.php/Real-Estate/11-million-for-new-serviced-apartments.html
Rise of housing loans
Although costs can be high for borrowing and it can be difficult to pay regularly every month, the trend of borrowing from banks by Cambodian people to buy property is still steadily increasing, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said ...
http://www.phnompenhpost.com/index.php/Real-Estate/rise-of-housing-loans.html
MFI deposits seen growing
The value of deposits with Cambodia’s 31 microfinance institutions grew more than 96 per cent in the first nine months of the year compared to last year, a rise industry experts say is due to the political stability and economic growth of the Kingdom. Official data ...
http://www.phnompenhpost.com/index.php/2012110859631/Business/mfi-deposits-seen-growing.html
Eight-year investment in Cambodia's airports
Almost $400 million will be invested in Cambodia’s airports over the next eight years, the trade magazine Airport World has reported. The investment will fund the extension to the international terminal at Phnom Penh’s airport, the upgrading of Siem Reap’s airport and improvements to the Sihanoukville ...
E-commerce set to boom
E-commerce in the Kingdom would boom during the coming years as a result of technological developments and young Cambodians being eager to gain skills in new technology, a gathering of business people heard during “E-biz Tuesday”, a monthly meeting for discussion on Cambodia’s e-commerce industry. According ...
http://www.phnompenhpost.com/index.php/2012110859633/Business/e-commerce-set-to-boom.html
Refined sugar for domestic market
Phnom Penh Sugar will begin producing white sugar this month for the Cambodian market to reduce the demand for imported sugar, according to a spokeswoman for the firm. Chheang Kemsoun, a representative of Phnom Penh Sugar, told the Post yesterday the company would produce white sugar ...
http://www.phnompenhpost.com/index.php/2012110759620/Business/refined-sugar-for-domestic-market.html
Illegal loggers, trafficker return
Fourteen Cambodian men jailed in Thailand for drug trafficking or illegal logging have been released in the past week after reaching the end of their sentences, a border official said yesterday. Touch Ra, director of the Chaom Sangam Cambodia-Thailand border checkpoint in Oddar Meanchey province, said ...
A factory’s fainting crisis
In a single factory that supplies some of the biggest international brands, faintings occurred every day for five years, a new investigation by the Cambodian Legal Education Centre has found. Until just weeks ago, when the management installed new fans, three to four garments workers were ...
http://www.phnompenhpost.com/index.php/2012110759624/National-news/a-factorys-fainting-crisis.html
Families complain to volunteers
Twelve families from Koh Kong province on Nov. 6 filed a complaint with Prime Minister Hun Sen’s youth volunteers and the Department of Land Management, requesting assistance in a land dispute with businessman, Heng Huy. Pok Yon, the families’ representative, said that earlier this year, Heng ...