ភ្នំពេញប៉ុស្តិ៍

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

Angkor Village strikers sued

The foreign owner of a luxury Siem Reap hotel has sued four workers he sacked last year, alleging they damaged his property during protests in which they accused him of firing them for unionising. In total, 67 workers were sacked last year by Ankor Village Hotel ...

http://www.phnompenhpost.com/index.php/2012022054601/National-news/angkor-village-strikers-sued.html

Cambodia could fall short on rice seeds

Cambodia may fall short on the domestic demand for purified rice seedlings, which could dampen rice exports, government officials have said. Ouk Makara, director of the Cambodian Agricultural Research & Development Institute (CARDI), said that businesses have been increasingly eager to purchase purified seeds from the ...

http://www.phnompenhpost.com/index.php/2012021654544/Business/cambodia-could-fall-short-on-rice-seeds.html

Cambodian products get quality certified

About 60 Cambodian-made products have received the official Cambodian Standards (CS) stamp, officials said yesterday. Ping Sivlay, director general of the Institute of Standards of Cambodia, which designates the stamps, said most of the products were foodstuffs and that 40 additional products were still awaiting approval. ...

http://www.phnompenhpost.com/index.php/2012021454481/Business/cambodian-products-get-quality-certified.html

Exports to Korea Climb 100%

Cambodia’s exports to South Korea rose by more than 100 per cent last year, according to officials at the Korea Trade-Investment Promotion Agency (KOTRA). Agricultural and garment exports largely accounted for the surge. KOTRA data shows total exports were worth US$87.3 million in 2011, compared ...

http://www.phnompenhpost.com/index.php/2012020854369/Business/exports-to-korea-climb-100.html

Budget fears as TB figures fall

Health officials and workers are concerned about budget shortages for the treatment of tuberculosis in the Kingdom as new data reveals that prevalence of the disease has declined 37 percent from 2002, officials said yesterday. Mao Tan Eang, director of the National Centre for Tuberculosis and ...

http://www.phnompenhpost.com/index.php/2012020954402/National-news/budget-fears-as-tb-figures-fall.html

Living wage a ‘Human Right’

Panellists at the first “Permanent People’s Tribunal” on wages and conditions for Cambodian garment workers yesterday released their findings, declaring that a living wage for workers should be considered a “human right”. The hearing included two days of testimony by workers, labour experts and brand-name buyers. While ...

http://www.phnompenhpost.com/index.php/2012020954412/National-news/living-wage-a-human-right.html

Gas prices at all-time high

Gasoline prices in Cambodia hit an all-time high on Friday, stoking fears of limited fuel reserves and increasing production costs at some of the Kingdom’s businesses. Premium gasoline sold for $1.40 per litre last week, surpassing the $1.38-per-litre price during the global economic slump at the ...

http://www.phnompenhpost.com

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