ភ្នំពេញប៉ុស្តិ៍

Gridlock going nowhere fast

Despite Phnom Penh’s rapidly increasing traffic woes, it might take until 2035 for a public transport system in the Kingdom’s capital to be operational, government development partners said yesterday. The Japan International Cooperation Agency, which has been working with Cambodia’s government since 2001 on an ...

http://www.phnompenhpost.com/index.php/2012022854751/National-news/gridlock-going-nowhere-fast.html

Building 10 rises at Borei Keila

Another building is rapidly rising on the plot of land reserved for the tenth and last building promised to evicted Borei Keila residents. Behind 100 protesting evictees, construction workers continued pounding away yesterday at a steel structure that started coming up last week, along ...

http://www.phnompenhpost.com/index.php/2012022854753/National-news/building-10-rises-at-b-keila.html

Clean cities promoted through competition

The government wants to beautify Cambodian cities and has launched a competition to encourage the country’s urban centres to clean up their act. Speaking in front of a crowd of roughly 700 at the Peace Palace yesterday, Minister of Tourism Thong Khon said that the “Clean ...

http://www.phnompenhpost.com/index.php/2012022854752/National-news/clean-cities-promoted-through-competition.html

Kingdom inflation rises on oil prices

Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...

http://www.phnompenhpost.com/index.php/2012022754728/Business/kingdom-inflation-rises-on-oil-prices.html

Tensions at DFDL prompt creation of new firm

Two partners and about 20 employees at DFDL, a regional law firm that has consulted on some of Cambodia’s biggest investment projects over the past 16 years, stunned the company last weekend with an announcement of their departure to start a new tax advisory outfit. The ...

http://www.phnompenhpost.com/index.php/2012022754727/Business/partners-at-dfdl-start-new-firm.html

Workers attack factory

A fourth day of protests by garment workers in Kampong Cham turned unruly yesterday, as nearly 2,000 workers shattered the windows of their factory with stones after briefly blocking National Road 7. The workers blocked the road for about 10 minutes at 9am, before returning to ...

http://www.phnompenhpost.com/index.php/2012022454711/National-news/workers-attack-factory.html

CCTV shooting footage reviewed

Security footage of a shooting outside a shoe factory on Monday that left three protestors in hospital has been reviewed by police, the head of the special economic zone where the incident took place said yesterday. The three women were shot at a violent protest of ...

http://www.phnompenhpost.com/index.php/2012022454709/National-news/cctv-shooting-footage-reviewed.html

Fishermen back in Kingdom

Eight fishermen who escaped after more than a year of forced labour aboard a Thai fishing boat recounted tales of abuse and miserable working conditions upon their repatriation to the Kingdom yesterday. The men said that brokers had promised them salaried jobs in Thai factories, but ...

http://www.phnompenhpost.com/index.php/2012022454703/National-news/fishermen-back-in-kingdom.html

Villagers take hostages

The clearing of land for a Ratanakkiri rubber plantation had been frozen after more than 300 Tumpoun ethnic minority villagers captured a quartet of company security guards and another staffer, tied them up and held them hostage on Tuesday, company officials said yesterday. Jing Zhong Ri ...

http://www.phnompenhpost.com/index.php/2012022354691/National-news/villagers-take-hostages.html

Kingdom must diversify its economy, ADB says [Interview]

“I think when you have an economy that depends on the agricultural sector, there is a need to ensure that we strengthen the linkages between rural and urban areas. Our work also focuses on promoting education so that we can provide better employment opportunities for ...

http://www.phnompenhpost.com/index.php/2012022354678/Business/kingdom-must-diversify-its-economy-adb-says.html

Fear, rumours in wake of shooting

Speculation is bubbling in Bavet town over the identity of the man who shot three people protesting outside a shoe factory on Monday, with eyewitnesses, police and villagers suggesting blame lies with town officials. The shooting, which took place outside the Kaoway Sports Ltd factory ...

http://www.phnompenhpost.com/index.php/2012022354684/National-news/fear-rumours-in-wake-of-shooting.html

Worming a Way Into the Agriculture Sector

For 53-year-old farmer Ros Mao, it’s not just the early bird that catches the worm. The Takeo province farmer has raised millions of earthworms for eight years in Tram Trak district, selling the slimy red creatures and using the manure they create to grow his ...

http://www.camnet.com.kh/cambodia.daily/

Duty calls: Strikers told they must go back to work

The Arbitration Council yesterday ordered protesting workers in Kampong Cham province to return to their factory today, as a union official reported that their numbers had swelled to nearly 3,000 outside the provincial hall in their third demonstration this week over an ongoing labour dispute. Free ...

http://www.phnompenhpost.com/index.php/2012022354680/National-news/duty-calls-strikers-told-they-must-go-back-to-work.html

CSX takes another step toward listing companies

The Securities and Exchange Commission of Cambodia has approved in principle the listing of Phnom Penh Water Supply on the Cambodian Securities Exchange, according to the SECC’s website. The announcement fell a step short from listing approval for PPWS, with the SECC requiring additional paperwork, including ...

http://www.phnompenhpost.com/index.php/2012022254649/Business/csx-takes-another-step-toward-listing-companies.html

Hard investment: Chinese firm eyes Kingdom investment

A Chinese company is aiming to invest in cement production in Cambodia, according to officials at the Ministry of Industry, Mines, and Energy (MIME). The China Triumph International Engineering Company (CTIEC) would become one of Cambodia’s biggest cement producers and would invest in the Kingdom, said ...

http://www.phnompenhpost.com/index.php/2012022154628/Business/hard-investment-chinese-firm-eyes-kingdom-investment.html

Rubber investments in Kingdom jump 255%

Investment in Cambodian rubber plantations increased by 255 per cent in 2011 on rising global demand for the commodity. There were 20 new projects worth US$675 million in the Kingdom last year, according to data from the Council for the Development of Cambodia. There were nine ...

http://www.phnompenhpost.com/index.php/2012022254647/Business/rubber-investments-in-kingdom-jump-255.html

Flood-affected poor ‘drowning in debt’

The curse of Cambodia’s 2011 floods continues for those most affected, as they fall deeper into debt from unsustainable cyclical debt practices, a consortium of international NGOs said yesterday. The consortium of Care, Oxfam, Pact and Catholic Relief Services released the results of their January survey ...

http://www.phnompenhpost.com/index.php/2012022354689/National-news/flood-affected-poor-drowning-in-debt.html

New travel association launches in Kingdom

The Pacific Asia Travel Association (PATA) launched its Cambodian chapter on Friday in the hope of further promoting the country’s second-largest sector by revenues. The sparsity of air routes to Cambodia was one of the main obstacles to the Kingdom’s tourism growth, PATA Cambodia chapter president ...

http://www.phnompenhpost.com/index.php/2012022054612/Business/new-travel-association-launches-in-kingdom.html

Bank of Tokyo opens Phnom Penh office

Japan’s second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a representative office in Phnom Penh on Friday. The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, ...

http://www.phnompenhpost.com/index.php/2012022054611/Business/bank-of-tokyo-opens-phnom-penh-office.html

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