ព័ត៌មាន
Senate ratifies record draft budget law
The Senate yesterday spent just 90 minutes ratifying the record $2.6 billion budget law for 2012, which will allow the government to borrow up to $1.1 billion from foreign lenders, according to a Senate statement ...
Villagers to block roads in protest
Hundreds of people whose land has been swallowed by a giant Chinese tourism project on the coast of Koh Kong province will attempt to demonstrate their grievances today by blocking national roads 4 and 48, villagers and human rights workers said Protesters have been resisting China’s ...
Railway impact reports nowhere to be seen
The Asian Development Bank (ADB) has not made public the last two quarterly reports on the impact of resettling families who are being evicted for a $142 million railway rehabilitation project. The reports, which are required under an ADM loan agreement with the government, haven’t been ...
Welfare plan full of goals, short on details
Cash transfers to the poor and public works programs for the unemployed are spelled out in a new five-year plan the government launched yesterday in a bid to expand the country’s threadbare social welfare programs. Though full of ambitious targets and budgets, the ‘National Social Protection ...
Shipments at PP port more than expected
Shipment through the Phnom Penh Autonomous Port increased by more than 28 per cent in the first 11 months of this year, surpassing a government target for 2011. About 73,760 shipping containers passed through the port between January and November, data shows, up from 62,256 containers ...
Oil refinery to be built
Construction on a US$2 billion oil refining plant, the Kingdom’s first, will start in April, according to officials close to the project. The plant, which will be built on 365 hectares across Kampot and Sihanoukville provinces and is expected to be completed in 2014, is a ...
http://www.phnompenhpost.com/index.php/2011120553135/Business/oil-refinery-to-be-built.html
Fainting factory dispute
The Kampong Chhnang provincial labour department has agreed to mediate an ongoing dispute between workers at a garment factory in the province and their employer over alleged violations of the Labour Law. Pov Sitha, director of the provincial labour department, said workers at the M&V International ...
http://www.phnompenhpost.com/index.php/2011120553140/National-news/fainting-factory-dispute.html
Case pleaded to prime minister
More than 100 workers from Cambo Handsome One garment factory gathered outside the home of Prime Minister Hun Sen on Friday and Saturday, after urging him on Thursday to intervene in a dispute with the factory’s Korean owners. The move followed an appeal to the Ministry ...
http://www.phnompenhpost.com/index.php/2011120553142/National-news/case-pleaded-to-pm.html
Group angered after Thailand says it will not oppose dam
An environmental group yesterday criticized Thailand’s announcement last week that it would not oppose Laos’ proposal to build the first Lower Mekong dam at the upcoming Mekong River Commission (MRC) meeting, as long as Laos addresses the dam’s environmental impacts. Water and environment ministers from Cambodia, ...
Migrants at risk of trafficking, Human Rights Watch says
At least 20 Cambodian migrant workers in Thailand have had their passports confiscated by a Thai recruitment agency, while another 10 have gone missing after they fled the same agency fearing they would be trafficked to work on Thai fishing vessels, Human Rights Watch and ...
Fraud, forgery charges over rosewood logging
Phnom Penh Municipal Court yesterday charged a businessman with fraud and forgery stemming from a complaint made by the director of Win World Trading Co. Ltd. over a deal involving the selling of rosewood logged in Laos to Vietnam. The provincial military police detained Sann Dichham ...
ClickNet looks to have signed off
A closed sign hung on the door of ClickNet’s Phnom Penh office during business hours yesterday, and the internet service provider’s Siem Reap office had also reportedly closed. ClickNet’s internet service has been down in Siem Reap since Monday, Thaddée Bechtold, CEO at internet technologies firm ...
http://www.phnompenhpost.com/index.php/2011120253097/Business/clicknet-looks-to-have-signed-off.html
Controversial dam: Thailand not objecting to Xayaburi
Thailand will not object to the proposed Xayaburi hydropower dam in Laos, but Vientiane must shoulder responsibility for potential environmental damage caused by the US$3.8 billion project, the Bangkok Post reported yesterday. “Laos has the right to construct the dam as it is located inside Lao ...
Climate vulnerability in focus
The Royal Government needs to address the environmental impacts not only from climate change but from man-made, water-based infrastructure such as dams before another natural disaster like the recent flooding claims hundreds of lives, community representatives said yesterday. At the first NGO Forum conference on climate ...
First 10 months of year's exports up 32.9 percent
Exports from Cambodia increased 32.9 percent to $3.7 billion during the first ten months of this year compared to the same period in 2010, according to data released by the Ministry of Commerce yesterday. Milled rice exports saw the biggest increase with a 161.5 percent jump ...
Vietnamese equity fund to open in Cambodia
Dragon Capital, a Vietnam-based private equity firm, has announced that it is planning to launch a fund in Cambodia next year, the second such fund to be announced by a Vietnamese company this year. The firm’s CEO, Dominic Scriven, said that the initial fund would close ...
Forestry department confiscated rosewood in Ratanakiri
The Ratanakiri provincial forestry department over the past week in Andong Meas district confiscated more than 600 pieces of the luxury rosewood species of timber, a forestry official said. Vong Sok Serie, Ratanakiri provincial administration chief, said his officers collected a total of 610 pieces of ...
In a call to find justice, Boeng Kak Lake villagers draw blood
Rounding off a week that included two violent clashes with police and the charging and release of four protesters, Boeng Kak lake villagers yesterday daubed paper sheets with their blood in a symbolic call to end what they consider judicial intimidation. About 50 villagers gathered at ...
Hun Sen extends Tonle Sap fishing lot closure
While crediting his efforts to quash illegal fishing with a surge in this year’s fish stocks, Prime Minister Hun Sen said yesterday that he would extend the closure of 35 large Tonle Sap lake fishing lots until 2014. Speaking at a road paving project inauguration in ...
Moody's offers update on Kingdom's credit outlook
Improved fiscal management and preparation for a decline in foreign aid would help increase Cambodia’s credit rating, according to a quarterly credit opinion from Moody’s Investor Service, which maintained a stable outlook for the country. Reduced exposure to crisis and stagnation in Western economies, continued foreign ...
GDP growth drives petrol imports 67% year-on-year
The Kingdom’s strong economic growth so far this year has driven petroleum imports 67 per cent higher year-on-year through October, according to Ministry of Commerce data. Total imports reached 1.2 million tonnes, or US$1.14 billion worth, in the first 10 months of the year, compared to ...
EU crisis hurting silk sector
Europe’s continued economic troubles have weighed heavily this year on Cambodian silk producers, officials and industry insiders said yesterday. Debt woes in the euro zone, the Kingdom’s main export market for silk, have caused job losses, among other issues, according to officials. Cambodian Craft Cooperation, which makes ...
Rann Reuy
http://www.phnompenhpost.com/index.php/2011120153074/Business/eu-crisis-hurting-silk-sector.html
Prime Minister wants better relations with neighbours
Prime Minister Hun Sen called for improved relations between Cambodia, Laos and Vietnam during sideline discussions with high-ranking officials from the three countries at a meeting in Phnom Penh yesterday. Hun Sen’s personal spokesman, Eng Sophalleth, said the premier had spoken with Huynh Dam, president of ...
Strikers ordered back to work
The Phnom Penh Municipal Court ordered on Tuesday that workers striking at Cambo Handsome 1 return to work within 48 hours and banned them from striking in front of the garment factory, in the capital’s Dankgor district. Seang Sambath, president of the Federation of Friendship Unions, ...