News

Men who escaped Thai trawlers to be repatriated

The Ministry of Foreign Affairs yesterday said it was cooperating with the International Organization for Migration (IOM) to repatriate 30 men – part of a group of 65 Cambodians who are in Indonesia after enduring months of abuse and exploitation while working aboard Thai fishing ...

Airport expansion key to Kingdom tourism

The Kingdom needs US$270 million to expand its three airports if the country is to meet its growing demand as a tourist destination, Cambodia Airport CEO Emmanuel Menanteau said yesterday. The total number of visitors passing through the Kingdom’s airports will approximately double every 10 years, ...

http://www.phnompenhpost.com/index.php/2011111752799/Business/airport-expansion-key-to-kingdom-tourism.html

Manulife to launch operations in Kingdom

Canadian firm Manulife Financial plans to set up one of Cambodia’s first life-insurance operations, the company said yesterday. The Ministry of Economy and Finance had approved “in principle” the investment, which a spokesperson from the company said would be at least US$7 million ...

http://www.phnompenhpost.com/index.php/2011111752800/Business/manulife-to-launch-operations-in-kingdom.html

Refresh Mobile buys WING

Refresh Mobile yesterday announced the purchase of mobile banking outfit WING from Australia’s ANZ, although the amount of the deal was not released. WING will join Refresh’s stable of electronic payment and cell phone top-up services, in addition to soon offering overseas mobile remittance capabilities, Refresh ...

http://www.phnompenhpost.com/index.php/2011111752801/Business/refresh-mobile-buys-wing.html

Land titles sought in Kompong Thom

The Kampong Thom provincial governor issued a letter on Tuesday to villagers living in Santuk district, ordering them to provide documentation confirming their ownership of land they reportedly “purchased” from brokers after it had already been assigned to relocated families, officials said yesterday. Deputy district governor ...

http://www.phnompenhpost.com/index.php/2011111752803/National-news/land-titles-sought-in-kampong-thom.html

Ex-railway workers fear pay has left station

Representatives of 503 former railway workers protested outside the Ministry of Transportation in Phnom Penh yesterday, demanding the government pay them outstanding salaries ranging from US$2,500 to $5,000 per person. Railway workers from Battambang, Kampot, Pursat and Takeo who were formerly employed by the government, but ...

http://www.phnompenhpost.com/index.php/2011111752807/National-news/ex-rail-workers-fear-pay-has-left-station.html

Closure of illegal fishing lots boosts catch

An official with the Fisheries Administration predicted yesterday that the annual fish catch would increase this year by about 20 percent over last year, saying that recent efforts to reduce illegal fishing practices around the Tonle Sap lake had contributed to the jump ...

Sihanoukville Port uncompetitive ahead of listing

Just months before Sihanoukville Autonomous Port is supposed to list on the Cambodia Securities Exchange, officials said yesterday that the state-owned enterprise is still more expensive and slower at processing goods than other ports in the region. An investor said that the problems confronting the port ...

Bank and AusAid criticized for treatment of railway evictees

Bridges Across Borders Cambodia yesterday accused the Asian Development Bank (ADB) and the Australian Agency for International Development (AusAid) of white-washing conditions at relocation sites for families being evicted by a $142 million railway rehabilitation project being funded largely with their money ...

Boeng Kak evictees protest, demand compensation

About 150 former Boeng Kak lake residents staged a protest at Phnom Penh’s Freedom Park yesterday, demanding more compensation than they initially received when they were evicted from their homes to make way for a real estate project owned by the firm of a CPP ...

Officials deny complaint over forest protesters

Kompong Thom provincial officials denied a media report yesterday that authorities had filed a legal complaint against two villagers and two human rights workers who campaigned in the province last week to demand protection for Prey Long forest ...

Malaysia looks to improve maids' conditions

Malaysia wants to reach bilateral agreements with Cambodia and other labor-sending countries that would allow foreign maids to keep their passports, limit their work-day to eight hours and give them one day off per week, Malaysian news media reported yesterday. Malaysian Human Resources Minister Datuk Subramaniam ...

Kingdom plans flood relief spend

Cambodia plans to spend nearly US$200 million to rebuild after the worst floods in a decade hit the country in September and October. The floods require an immediate response, Minister of Economy and Finance Keat Chhon said yesterday at a meeting of the Council for the ...

http://www.phnompenhpost.com/index.php/2011111652772/Business/kingdom-plans-flood-relief-spend.html

Official says faintings a ‘scar’ on image of nation’s factories

A 10 per cent rise in the number of garment and footwear factories this year showed the government’s commitment to solving labour disputes, and that its mechanisms to do this were working, a senior official at the labour ministry said yesterday, while admitting that a ...

http://www.phnompenhpost.com/index.php/2011111652785/National-news/official-says-faintings-a-scar-on-image-of-nations-factories.html

Prey Lang protest puts foursome in firing line

A pair of Sandan district villagers who participated in last week’s Prey Lang forest protest against illegal logging, and two of the NGO workers who monitored them, were facing accusations of incitement and destruction of property in complaints filed against them in the provincial court, ...

http://www.phnompenhpost.com/index.php/2011111652786/National-news/prey-lang-protest-puts-foursome-in-firing-line.html

Property tax deadline moved to year's end

Due to a lack of available tax collectors, the Ministry of Economics and Finance once again delayed collections on the 0.1 percent property tax on all immovable property worth approximately $25,000 or more, according to a ministry notice issued yesterday ...

Suspended funds stymie e-commerce law

The drafting of a law on e-commerce that would regulate electronic transfers in Cambodia has been postponed because the World Bank has suspended funds over the government’s handling of land evictions in Phnom Penh. In September, Commerce Minister Cham Prasidh said that the government should aim ...

Two arrested in Kompong Thom for illegal transport of rosewood

Two men were arrested Monday in Kompong Thom province for illegally transporting nearly half a cubic meter of valuable rosewood, said a forestry official ...

Regional bank meets with evicted railway families

The Asian Development Bank (ADB) met yesterday with the representatives of families evicted or facing eviction to make way for an ADB-funded railway project, and defended itself against complaints that the project was pushing some of them deeper into poverty. The ADB has billed the $142 ...

Cambodia-South Korea trade jumps 45%

Bilateral trade between Cambodia and South Korea jumped more than 40 per cent year-on-year through September, according to the Korea Trade Investment Promotion Agency. Total trade between January and September reached $387 million, according to KOTRA, up 45 per cent from $267 million during the year-ago ...

http://www.phnompenhpost.com/index.php/2011111552748/Business/cambodia-south-korea-trade-jumps-45.html

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