ព័ត៌មាន
Illegal Cambodian Workers in Thailand Could Be Deported
Thailand is warning it will expel 1.5 million illegal workers from the country, a move that could affect around 160,000 Cambodians. Rights workers in Cambodia say the migrant laborers deserve assistance from both Thai and Cambodian authorities to help them work and travel legally. ...
Plans for open paddy market
The Ministry of Commerce is conducting a feasibility study to set up an open paddy market for paddy rice in at least two provinces to make the rice trade more transparent, s senior official says. ...
http://www.phnompenhpost.com/2012122560464/Business/plans-for-open-paddy-market.html
6.7% growth forecast for Cambodia
Cambodia is projected to have the second fastest-growing economy in Southeast Asia over the next two years, the World Bank said in a regional economic update last week. Gross domestic product is forecast to expand 6.7 per cent next year and 7 percent in 2014. That ...
http://www.nationmultimedia.com/aec/6-7%C2%A0rowth-forecast-for-Cambodia-30196729.html
MFIs as one commercial bank
PhillipCapital, a Singapore-based integrated financial services provider and a majority stakeholder in three of Cambodia’s micro-finance institutions (MFIs), plans to consolidate the three into a commercial bank. ...
http://www.phnompenhpost.com/2012122560462/Business/mfis-as-one-commercial-bank.html
Union leader attacked with brass knuckles and cleaver
A union representative led a 1,000-strong protest at a garment factory in the capital’s Russey Keo district yesterday, alleging the company hired a gangster to beat him up on Sunday – a claim the manager has denied. Chhim Sam On, a union leader with the Coalition ...
http://www.phnompenhpost.com/2012122560452/National/union-leader-attacked.html
Car sales sharply rise in Cambodia in 2012 due to strong economic growth
Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. “We sold about 800 units this year, up from 500 units last year, “Kong Nuon, president of ...
http://news.xinhuanet.com/english/business/2012-12/24/c_132060341.htm
More investment from India
Cambodia expects to attract more investment from India after an agreement on trade and investment was made by all ASEAN leaders last week in New Delhi. Officials said India would become a potential market for Cambodia. The agreement will encourage Indian investors to invest in ASEAN ...
http://www.phnompenhpost.com/2012122460431/Business/more-investment-from-india.html
Unions to Protest Court Ruling in Triple Shooting
Union leaders are planning a demonstration in January to protest the Svay Rieng Provincial Court’s decision last week to drop charges against the former Bavet City governor, Chhouk Bundith, who was the chief suspect in the shooting of three garment factory workers during a violent ...
Cambodia's turf war
After 28 years in the capital, eating like “a king” and enjoying the perks one receives as the son of high-ranking CPP officials, Sophal’s* move to the countryside was as jarring as it was eye-opening. Until the day in June when he traded his designer threads ...
http://www.phnompenhpost.com/2012122460443/National/cambodia-s-turf-war.html
From the Great White North to Takhmao
The town of Chilliwack in the Canadian province of British Columbia is indeed far, far away from the town of Takhmao in Kandal province. But, the cities have entered into a perhaps unlikely partnership to help Takhmao make the most of its location and resources ...
World Bank Tight-Lipped on Resumption of Financial Assistance
The World Bank has declined to say whether it will resume providing financial assistance to Cambodia, despite a bank official allegedly telling anti-eviction protesters last week that the organization planned to do so next year. In August 2011, World Bank country director for Southeast Asia Annette ...
Rubber plant opts for export
A local investor has spent nearly US$5 million setting up a rubber-processing factory in Kampong Cham, a key province in the Kingdom’s rubber production for export rather than producing final products, an insider says. ...
http://www.phnompenhpost.com/2012122460430/Business/rubber-plant-opts-for-export.html
Inner Development Gap
When Sok Kheurn travels to the city of Siem Reap, some 32 kilometers from her home in Banteay Srei district, Siem Reap Province, the 58-year-old woman is always astounded by the differences she sees. While in her village, everyone gets water from wells and light at ...
Airport welcomes two mlllionth passenger
Phnom Penh International Airport last Thursday hit the two-million-passenger mark in a year for the first time. The figure included all international and domestic passengers arriving at, and departing from, Phnom Penh International Airport since the beginning of this year, a press release said. ...
http://www.phnompenhpost.com/2012122460428/Business/airport-welcomes-two-mlllionth-passenger.html
Ministries’ different interpretations, wood imports get stuck
The Vietnam Agriculture and Forestry Investment and Development Company in Hanoi is one of the two enterprises that signed a contract on importing 20,000 cubic meters of wood from Cambodia. Cambodian authorities approved the export of the volume of wood to Vietnam in 2011-2012. The ...
Seven Vietnamese Arrested for Logging Inside Land Concessions
Seven Vietnamese men have been arrested for illegally felling trees inside two government-granted economic land concessions in Ratanakkiri province’s O’Yadaw district, where a Jarai ethnic minority community is fighting to preserve the forest and their ancestral lands. ...
Annual Prahok Season Threatened by Poor Catch
Cambodia’s annual prahok season began Wednesday along the Tonle Sap River, with fishermen unloading boatloads of tiny fish onto weigh stations along the riverbank. But due to low water levels during this year’s five-day migration season, fishermen and buyers were predicting a poor catch, both in ...
http://www.cambodiadaily.com/business/prahok-season-threatened-by-low-water-levels-6818/
Cambodia seeks $57m Indian loan
Cambodian Prime Minister Hun Sen asked for $57m concessional loan from India for two development projects and urged India to consider direct flights to Cambodia. He said the two projects are the electricity transmission line from Kratie province to Stung Treng province with an estimated ...
http://thepeninsulaqatar.com/india/218944-cambodia-seeks-57m-indian-loan-.html
Single visa with Cambodia to be discussed
Foreign Minister Surapong Towichukchaikul and his Cambodian counterpart Hor Namhong will co-chair the meeting in Bangkok on Tuesday and Wednesday to discuss several issues, including the single-visa initiative. The idea of a joint visa for visitors to both Thailand and Cambodia has been mooted as a ...
http://www.nationmultimedia.com/politics/Single-visa-with-Cambodia-to-be-discussed-30196550.html
Telecommunications Minister Assures Internet Cafe's Futures
More than a month after ordering Internet cafes within 500 meters of schools to shut down, Telecommunications Minister So Khun said yesterday that no cafes would be force to close. “We have no plans to close any cafes. We encourage more to open,” Mr. Khun said ...
http://www.cambodiadaily.com/news/telecommunications-minister-assures-internet-cafes-futures-6801/
‘Croc grandma’ gets four years
The Phnom Penh Municipal Court yesterday convicted local tycoon Chhin Sokountheary of encroaching on public lands and sentenced her in absentia to four years and six months in prison. Phnom Penh Municipal Court judge Ly Lipmeng said yesterday that Sokountheary, who is also known as ...
http://www.phnompenhpost.com/2012122160412/National/croc-grandma-gets-four-years.html
LG Brand Shop to open Saturday
South Korea’s LG Electronics said the grand opening of its new outlet on Monivong Boulevard would take place on Saturday. ...
Exports to US rise by 0.2 per cent
Cambodia’s total exports to the United States increased by 0.2 per cent over the first 10 months of the year, a year-on-year analysis from the US Department of Commerce showed. The data showed exports to the US totalled $2.296 billion between January and October this ...
http://www.phnompenhpost.com/2012122160403/Business/exports-to-us-rise-by-0-2pc.html
Telecom Minister Wants Mobile Firms to Merge
Telecommunications Minister So Khun said yesterday that more mergers and acquisitions should take place between Cambodia’s mobile operators in order to ease the ruthless competition currently seen in the market. ...