ភ្នំពេញប៉ុស្តិ៍
Rat meat on the menu at the Vietnamese border
Eating rat is a common phenomenon over the border in Vietnam, but increasing numbers of Cambodians in nearby villages are adopting rodent cuisine with relish. As many as three tonnes of rats are caught every day in Cambodia and exported to Vietnam to feed a ...
Price of imported raw silk decreases
The price of imported raw silk decreased to US$44 per kilogram even as raw silk production fell off, according to industry insiders. Imported raw silk dropped 12 per cent to $44 per kilogram compared to $50 per kilogram last May. Cambodia Craft Federation CEO Soeng Kemyun, said ...
Come floods or high waters, most MFIs continue to loan
After experiencing decades of floods, Cambodia’s microfinance institutions say they no longer have problems disbursing loans during the rainy season, according to the head of Cambodia’s Microfinance Association (CMA). A survey issued early this year by a coterie of international aid organisations, including Oxfam, Care, PACT ...
Businesswoman calls on government to return land
High-profile Phnom Penh businesswoman Chhin Sokountheary has called on Prime Minister Hun Sen to return 33 hectares of prime land in Phnom Penh’s Sen Sok district to her company, which lost the rights to it when the government claimed the land in July. Sokountheary said she ...
Casino workers have win, but fight goes on
Threats of strike from about 500 employees of the Tropicana Casino in Poipet were quieted yesterday as workers secured a small victory after management agreed to improve worker conditions and enter talks over their sacked union leader. Morm Rithy, president of union Cambodian Tourism and Service ...
Food Prices Remain High
Global food prices remained high in August according to the UN’s Food and Agriculture Organisation (FAO) food price index, maintaining the high level achieved last month as corn prices jumped in the US and rice prices increased in Cambodia. With 213 points in August the food ...
http://www.phnompenhpost.com/index.php/2012091158634/Business/food-prices-remain-high.html
Villain or victim? Protesters divided over Bopha
Imprisoned Yorm Bopha has either been unjustly targeted for her role in Boeung Kak lake eviction protests or is responsible for the vicious beating of two motodops, depending on which protesters’ chants were true yesterday. It was land evictees versus motodops in the capital as two ...
Angkor sees gold in Liberty
Angkor Gold Corp has acquired a new economic land concession as it gains full control of its other concessions with the purchase of another mining company, according to officials. According to a statement released last week, Angkor Gold has purchased Liberty Mining International Pty Ltd (Liberty), ...
http://www.phnompenhpost.com/index.php/2012091058590/Business/angkor-sees-gold-in-liberty.html
Hundreds of illegal migrants return
Nearly 450 Cambodians who were illegally working in Thailand were repatriated across the Battambang province border on Saturday in one of the largest one-day operations along that border, officials said yesterday. Thai authorities had rounded up the 447 workers, who were busted without the required paperwork, ...
Innovation and inspiration are the basis of BarCamp
BarCamp Phnom Penh, a technology conference at the University of Puthisastra, promises to attract industry professionals from ASEAN countries, the US, Germany and other countries around the world later this month, Be Chantra, lead organiser of the conference, says. Be Chantra says BarCamp Phnom Penh is ...
Fellow villagers pray for land rights activists
Borei Keila protesters, including many who live in squalor under staircases at the site, have already been compensated for losing their homes and have no right to demand more, Suy Sophan, the owner of developer Phan Imex, told the Post yesterday. About 200 supporters from the ...
Consumer price index climbs on food and fuel
Cambodia’s consumer price index (CPI) increased slightly year-on-year in July by 1.3 per cent, which was driven by increased food and fuel prices, according official data from the National Institute of Statistics (NIS). “The increase for all index groups was 1.3 per cent of inflation in July 2012 ...
Pharmaceutical plant announces expansion
PharmaProduct Manufacturing, Cambodia’s self-described first pharmaceutical plant, announced last week plans to expand into other ASEAN markets once the ASEAN Community frame-work is adopted in 2015. According to its online materials, the producer of the painkiller KINAL – among other medicines – opened its doors in 1996, and has ...
PM Adviser given extra title at financial ministry
Prime Minister Hun Sen has appointed his personal adviser Kong Vibol as director general of the General Department of Taxation at the Ministry of Economics and Finance, according to the Royal Book entry of August 22. In addition to his expertise in taxation, Vibol is also ...
Tide changes at Ocean as factory pays strikers
Ocean Garment, the Phnom Penh-based clothing manufacturer at the centre of sexual harassment claims and an illegal strike that lasted more than two weeks, has agreed to compensate more than 2,500 workers for wages lost during the protests, a move union advocates have highlighted as ...
Dams, climate plague Mekong
Villagers in Kratie province have long feared the proposed Sambor hydroelectric dam and the impact it could have on their subsistence fishing and riverbank agriculture. According to Resilience on the Mekong: A Vulnerability and Adaptation Assessment in North-East Cambodia, a report released by the World Wildlife Foundation on Friday, ...
http://www.phnompenhpost.com/index.php/2012091058600/National-news/dams-climate-plague-mekong.html
Ministry orders Kok An audit
Heng Chheang, the jailed ex-deputy general director of senator Kok An’s Anco Brothers Co, may have been improperly convicted of embezzling more than US$58 million from the tycoon, according to a letter sent to the Supreme Court from the Ministry of Economy and Finance last ...
http://www.phnompenhpost.com/index.php/2012091058613/National-news/ministry-orders-kok-an-audit.html
Acleda takes out $10 Million
Acleda Bank has signed a $US10 million loan agreement with Proparco, a development finance institution held in part by the Agence Francaise de Développement (AFD), according to a statement released on Wednesday. With the Kingdom’s financial sector expanding rapidly and a growing demand for banking and ...
http://www.phnompenhpost.com/index.php/2012090758553/Business/acleda-takes-out-10m-loan.html
UAE, Cambodia look to lift tourism
Cambodia’s tourism ministry and United Arab Emirates officials have signed a memorandum of understanding to strengthen tourism to the Kingdom, officials said during a press conference at Phnom Penh’s international airport. Tourism Minister Thong Khon said the memorandum of understanding (MoU) would provide more opportunities for ...
http://www.phnompenhpost.com/index.php/2012090758551/Business/uae-cambodia-look-to-lift-tourism.html
Cellcard's COO Kay Lot resigns
One of Cambodia’s primary telecommunications companies, Cellcard, announced yesterday that longtime Chief Operating Officer Kay Lot has resigned. The departure of Kay Lot follows the departure of CEO David Spriggs who resigned his position about two months ago. Telecommunications industry insiders say the otherwise healthy and profitable ...
http://www.phnompenhpost.com/index.php/2012090758552/Business/cellcards-coo-kay-lot-resigns.html
Bra factory workers look to ministry for support
About 300 workers entered their sixth day of strikes yesterday at a bra factory in the capital, which manufactures lingerie supplied to Victoria’s Secret and Valentino, but their hopes of a quick resolution were dashed when a Ministry of Social Affairs official admitted he was ...
Officials deny arrest has links to new loans
The rumour mill has been in overdrive regarding the arrest of The Pirate Bay co-founder Gottfrid Svartholm Warg; however, various government officials yesterday shunned the conspiracy theories. Tom Abrahamsson, head of administrative and consular matters at the Swedish Embassy in Phnom Penh, refuted speculation that Svartholm ...
Kingdom and Qatar to form labour watchdog
Cambodia’s next step in allowing workers such as maids and builders to travel to Qatar will be to create a committee with the Arab state to ensure their safety is protected, a senior labour official said yesterday. The Senate on Wednesday supported an agreement between the ...
Conscription not for everyone
In less than a week, 18-year-old Heng Tina, who has just finished his high-school exam, will take another test that determines whether he’ll get a scholarship to go to technical school, a development that would put him one step closer to his dream of becoming ...