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Sen Sok Condo’s second project starts

After the success of its first project, the Shangri-La Garden City, Sen Sok Condo Company is beginning its second project along Road 595, located two kilometres north of the 7 Makara Sky Bridge. Construction on the second project, called Maldives City, has begun, and the company ...

http://www.phnompenhpost.com/2013013061083/Real-Estate/sen-sok-condo-s-second-project-starts.html

Foreigners buying Phnom Penh condos

The number of foreigners who bought condos in Cambodia increased by between 30 and 40 per cent in 2012 compared with 2011, a recent study showed, while 997 condo units currently belong to foreigners. Nuon Rithy, general manager of the Bonna Realty Group, said that according ...

http://www.phnompenhpost.com/2013013061082/Real-Estate/foreigners-buying-phnom-penh-condos.html

Bunong Say They Don't Want Private Land Titles

Ethnic Bunong villagers living in Mondolkiri province’s Pech Chreada district have sent a petition to the Ministry of Land Management, urging the government to refrain from issuing them private land titles, local officials said yesterday. This way they may instead to eligible for a communal title ...

http://www.cambodiadaily.com

Mfone $65 million in debt

Failed Cambodian telco Mfone owes at least $65 million to multiple creditors that sources say include the government. A court injunction to freeze Mfone‘s assets, obtained by the Post yesterday, shows Mfone owes Chinese telco provider Huawei Technologies more than $65 million. Phnom Penh Municipal Court judge ...

http://www.phnompenhpost.com/2013013061068/Business/mfone-65-million-in-debt.html

Huge rosewood haul seized in Preah Vihear province

Senior members of the Royal Cambodian Armed Forces (RCAF) yesterday seized about a tonne of luxury rosewood near the house of a two-star general in the Choam Ksan district of Preah Vihear province after a night hunting for illegal smuggling. General Ngeth Chanthon, deputy general of ...

http://www.phnompenhpost.com/2013012961042/National/huge-rosewood-haul-seized-in-preah-vihear-province.html

Capital ideas for developers

Peering out over the Tonle Sap River in Phnom Penh from a sixteenth-storey private balcony at the new Bellevue Apartments, one could watch for hours as cranes swing back in forth over all the new developments on the west side of the water. “Phnom ...

http://www.bangkokpost.com/business/economics/332995/capital-ideas-for-developers

Hun Sen completes land titling mission in Koh Kong

Prime Minister Hun Sen presented land titles Monday to 513 families in Thmorbang district, an official said. The land titles cover 1,504 hectares in Tropang Cheurtrav and Korki villages in Russey Chrum commune. The official said Monday’s ceremony marked the completion of a land-titling mission launched ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MTk0ZGYxM2I5Mjc3MWY2NWFjNTIzMTExNDJkNDA5

Fish exports performed swimmingly in 2012

Exports of Cambodian fish and shellfish products reached 1,618 tonnes last year, worth $3.5 million, a 16 per cent increase from 1,391 tonnes in 2011, according to figures from the Ministry of Commerce. “A major share of the total exports last year was from saltwater fish ...

http://www.phnompenhpost.com/2013012861017/Business/cambodian-fish-exports-performed-swimmingly-in-2012.html

Hundreds of strikers block road in Phnom Penh

More than 700 workers from the International Royal Fashion garment factory, in Phnom Penh’s Dangkor district, blocked the Veng Sreng road yesterday for about four hours to show their dissatisfaction with their employer’s failure to respond to their demands. An International Royal Fashion official, ...

http://www.phnompenhpost.com/2013012560974/National/hundreds-of-strikers-block-road-in-phnom-penh.html

Villagers Still in the Dark About Lower Sesan Hydropower Dam

Thousands of villagers who will lose their land to the construction of the Lower Sesan 2 dam in Stung Treng province later this year have not been told of the government’s plans for their resettlement and compensation, a new study released yesterday shows. Through interviews with ...

http://www.cambodiadaily.com

Union warns of general strike if wage hike too small

The Cambodian Confederation of Unions warned Thursday of a general strike if proposed increases in monthly salaries are too small. “Cambodia will have a big strike exploding across all clothing and footwear factories if minimum wages are raised by only 10 percent from the basic $61,” ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjU1ZTNmYzkyMzYzZTNjOTU3ZTEzOTFhM2ZmOGE4

Cambodia Angkor Air expands its international network

For a long time, Cambodia’s national carrier Cambodia Angkor Air (CAA) served only as a feeder carrier to its shareholder Vietnam Airlines. Three lines were then in service on routes linking Phnom Penh to Siem Reap, Phnom Penh-Ho Chi Minh City and finally Siem Reap-HCMC. ...

http://www.traveldailynews.asia/news/article/51485/cambodia-angkor-air-expands-its

LED lights’ lure of lower electricity bills

The locally based Global Media Group is bringing the latest LED lighting technology to the Cambodian market in an effort to reduce people’s electricity bills. GMG assistant chief executive Bun Sim said the company would use all its know-how, as well as experts from South Korea, ...

http://www.phnompenhpost.com/2013012460969/Business/led-lights-lure-of-lower-electricity-bills.html

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