News

Villagers may get land titles

Representatives of 171 Pursat families who claim to have been unfairly left out of the government’s land-titling process said they have reached a tentative agreement with the minister of Industry, Mines and Energy to continue farming on the Bakan district land they have occupied for ...

http://www.phnompenhpost.com/2013022661603/National/villagers-may-get-land-titles.html

Middle class boosts local Samsung sales

Cambodia’s encouraging economic climate had paved the way for the K-four Electronic company to launch Samsung’s latest refrigerator in this country, company representatives said. Kith Bunnarong, of K-four Electronic, said the comp-any’s sales in this country had increased since 2010, when it began working with Thai   ...

http://www.phnompenhpost.com/2013022661596/Business/middle-class-boosts-local-samsung-sales.html

Logger Reported Dead as Rosewood Trade Directive Announced

Amid reports that a second Cambodian has been killed this year by Thai armed forces while illegally logging in Thai border territory, officials had little detail yesterday on a government directive that is aimed at ending the international demand for rosewood from Cambodia. Prime Minister Hun ...

http://www.cambodiadaily.com

Phnom Penh Port Shifts Focus to Cruise Boats

With a new Chinese-built container port on the Mekong River in Kandal province now operational, the existing port in Phnom Penh is undergoing renovations to shift its focus to the growing number of cruise ships docking in the capital, an official said yesterday. Eang Veng ...

http://www.cambodiadaily.com

Agreement for Government’s Jet Not Yet Signed

In the latest clarification from the government on the subject of it’s new private airliner, a senior aviation official said yesterday that the French-made Airbus A320 is not yet the property of Cambodia, as ownership documents have not been finalized. The 150-seat jet made its inaugural ...

http://www.cambodiadaily.com/news/agreement-for-governments-jet-not-yet-signed-11571/

Manufacturing to diversify

While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...

http://www.phnompenhpost.com/2013022561577/Business/manufacturing-to-diversify.html

Unequal treatment at Cambodian factories

The ongoing story of garment workers left jobless by company closures in late December is fast becoming A Tale of Two Factories: one group of workers has everything before it, the other has nothing. It’s this widening gulf between workers at Yung Wah Industrial and Kingsland ...

http://www.phnompenhpost.com/2013022561588/National/unequal-treatment-at-factories.html

ILO Respond to Scathing Stanford Report on Factory Monitoring

The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...

http://www.cambodiadaily.com

PM’s Logging Decree ‘Too Late’

Activists are welcoming Prime Minister Hun Sen’s public vow to prevent logging and rosewood trafficking, but they also say it’s too little too late to have any serious impact on protecting Cambodia’s already decimated forests. In a speech on Friday at the Ministry of Interior, Hun ...

http://www.phnompenhpost.com/2013022561589/National/pm-s-logging-decree-too-late.html

Singapore investment up

Total fixed assets of Singaporean investment in Cambodia last year reached $82.7 million, a 500 per cent increase from $13.8 million in 2011, data from the Council for the Development of Cambodia (CDC) show. Singaporean entrepreneurs who have already entered the Cambodian market said they expect ...

http://www.phnompenhpost.com/2013022561574/Business/singapore-investment-up.html

Villagers summonsed in illegal logging case

Some 300 villagers from the Andong Trabaek community in Svay Rieng province’s Romeas Hek district will accompany two representatives who have been summonsed to the provincial court Tuesday to clarify allegations of illegal logging that villagers say were fabricated by Forestry Administration officials in order ...

http://www.phnompenhpost.com/2013022561580/National/community-reps-summonsed.html

Cambodian rice popular across Asia

Cambodian milled rice is becoming more popular throughout Asia, particularly in Malaysia, which is the number one importer of milled rice from the Kingdom. According to data from the Ministry of Agriculture, Forestry and Fisheries, Malaysia imported over 7,000 tonnes of a total 25,700 tonnes exported ...

http://www.phnompenhpost.com/2013022561575/Business/cambodian-rice-popular-across-asia.html

National Bank of Cambodia Reports Lending Surge in 2012

Lending by commercial banks in Cambodia grew by more than one-third last year, according to figures provided by the National Bank of Cambodia (NBC) yesterday. Banks lent out a total of $5.89 billion in 2012, compared with $4.39 billion in 2011, NBC figures show, meaning ...

http://www.cambodiadaily.com/business/national-bank-of-cambodia-reports-lending-surge-in-2012-11368/

Unpaid Garment Workers Continue Protests

Some 200 garment factory workers protested at the Ministry of Social Affairs on Friday, a day after they held a demonstration in front of the Swedish Embassy in Phnom Penh and urged diplomats to intervene in a labour dispute involving unpaid wages from a factory ...

http://www.cambodiadaily.com

Senate Oks Sesan Dam Payment Deal

After a 60- minute debate, the Senate on Friday voted in favour of a payment guarantee for the private companies constructing the controversial Lower Sesan 2 dam in Stung Treng province. At the Senate session, 43 out of 48 senators voted to approve the deal which ...

http://www.cambodiadaily.com

Million-dollar rosewood bust

Five men allegedly caught with 10 cubic meters of illegal rosewood worth more than $1 million on Wednesday were being questioned in Stung Treng provincial court yesterday, officials said. Chroeung Khmao, the provincial prosecutor, said the men – four Chinese citizens and one Cambodian – were ...

http://www.phnompenhpost.com/2013022261563/National/million-dollar-rosewood-bust.html

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