ព័ត៌មាន​

Withdrawals top hundreds of millions

More than $600 million flooded out of Cambodia’s entire banking system during the third quarter of this year, as fears of post-election chaos set off panic and mass withdrawals, new figures from the National Bank of Cambodia (NBC) reveal. The figures, obtained yesterday, were the first ...

Daniel de Carteret
http://www.phnompenhpost.com/business/withdrawals-top-hundreds-millions

Cambodia's Parliament to Question Polls Watchdog Over Reports

Cambodia’s parliament will question the director of a local election watchdog to determine whether the organization should “face consequences” for its claims of irregularities in recent national polls, a spokesman for the legislative body said Thursday. Committee for Free and Fair Elections in Cambodia (Comfrel) chief ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/comfrel-11072013163622.html

Muhibbah JV bags RM276m projects for Cambodia’s airports

Muhibbah Engineering (M) Bhd and its joint venture partner has secured two contracts valued at US$87mil (RM276mil) to build and expand two airports in Cambodia. Muhibbah has a 30% stake in SCA [Societe Concessionnaire de L’Aeroport]. The duration for the Phnom Penh Airport and Siem ...

The Star Online News Staff
http://www.thestar.com.my/Business/Business-News/2013/11/06/Muhibbah-JV-bags-RM276m-projects-for-Cambodia-airports.aspx

‘Ban’ for three more unionists

Three more unionists have been suspended as a result of the violent strikes at a Kampong Speu garment factory in May and June, a Free Trade Union official said yesterday. Sabrina (Cambodia) Garment Manufacturing factory’s FTU president Sun Vanny, vice-president Sem Sopheak and general secretary Chi ...

Mom Kunthear and Sean Teehan, P.6
http://www.phnompenhpost.com

CPP Lawmaker Says Deforestation Is Good for Economy

CPP lawmaker Chheang Vun on Wednesday lauded the economic and social benefits of the widespread clearing of Cambodia’s forests for development projects. Speaking to reporters at the National Assembly after a meeting with the Vietnamese Ambassador Ngo Anh Dzung, Mr. Vun, who is also the spokesman ...

Mech Dara and Dene-Hern Chen
http://www.cambodiadaily.com/news/cpp-lawmaker-says-deforestation-is-good-for-economy-46721/

CPP Lawmaker Says Election Monitor Could Face Legal Action

CPP lawmaker Chheang Vun said Wednesday that the National Assembly will take legal action against the Committee for Free and Fair Elections in Cambodia (Comfrel) for causing “chaos” in society by reporting the day before the national election that the indelible voter ink could be ...

Mech Dara and Colin Meyn
http://www.cambodiadaily.com/elections/cpp-lawmaker-says-election-monitor-could-face-legal-action-46712/

Opposition tells CPP: Agree, or talks off

Opposition leaders have given the ruling party an ultimatum: Agree to our demands by the end of the year or the talks are over. Kem Sokha, Cambodia National Rescue Party deputy president, said yesterday that after discussing the matter with party president Sam Rainsy, they had ...

Meas Sokchea
http://www.phnompenhpost.com/national/opposition-tells-cpp-agree-or-talks

National Assembly’s Finance Committee Approves 2014 Budget

The National Assembly’s CPP-run finance committee approved the country’s $3.54 billion draft budget for 2014 Wednesday, its last hurdle before debate and a possible vote can be held by the full Assembly, where the opposition is still refusing to take nearly half the seats. “After the ...

Kuch Naren and Hul Reaksmey
http://www.cambodiadaily.com/news/national-assemblys-finance-committee-approves-2014-budget-46714/

Don’t bet on elections

The house always wins, except when there’s a disputed election scaring gamblers away from the tables. That’s the message from Entertainment Gaming Asia Inc, which operates casinos in Poipet town and Pailin province as well as supplying NagaWorld casino with slot machines. According to the company, Cambodia’s ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/don%E2%80%99t-bet-elections

Illegal logging ‘rampant’ in sanctuary

Provincial military police confiscated three tractors transporting three metres of luxury wood and two circular saws travelling out of Kampong Speu’s protected Phnom Oral Wildlife Sanctuary yesterday. Chea Hean, director of Natural Resource and Wildlife Preservation Organisation (NRWPO), arrived to investigate illegal logging in the sanctuary ...

Phak Seangly and Amelia Woodside
http://www.phnompenhpost.com/national/illegal-logging-%E2%80%98rampant%E2%80%99-sanctuary

CNRP Launches Online TV to Break CPP’s Media Stranglehold

Amid the ruling CPP’s continuing stranglehold on the country’s nine terrestrial television stations, the opposition CNRP on Monday launched an online television station that it describes as a “test,” CNRP director of public affairs Mu Sochua said Wednesday. The station, called CNRP TV, follows requests from ...

Kuch Naren
http://www.cambodiadaily.com/elections/cnrp-launches-online-tv-to-break-cpps-media-stranglehold-46710/

Bank will offer loans to farmers

Chief Cambodia Specialized Bank, a subsidiary of a Hong Kong-based brokerage firm, will begin operations in Cambodia next month, its management said on Monday. Sokun Chakriya, head of marketing and sales at Chief Cambodia, said the bank aims to increase access to finance in Cambodia’s agricultural ...

Hor Kimsay
http://www.phnompenhpost.com/business/bank-will-offer-loans-farmers

EU aids Cambodia in combating illicit trafficking, use of nuclear, radiological materials

The European Union (EU) signs Wednesday to provide Cambodia with equipment to detect illicit trafficking and criminal use of nuclear and radiological materials. The agreement was inked between EU Ambassador to Cambodia Jean Francois Cautain and Om Yentieng, vice-chairman of the Secretariat of National Counter-Terrorism Committee. Under the deal, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/06/c_132863880.htm

World Bank Says Freeze on Lending Remains

After repeatedly equivocating about whether it has lifted a 2011 freeze on new lending to Cambodia in response to the government’s forced evictions of families in Phnom Penh, the World Bank has said that the suspension is still firmly in place. “The World Bank has not ...

Zsombor Peter
http://www.cambodiadaily.com/news/world-bank-says-freeze-on-lending-remains-46681/

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