News

Court sets date for new hearing in Bandith case

The Appeal Court has set a hearing date in a case against former Bavet town Governor Chhouk Bandith, who stands accused of shooting three protesting garment workers last year. In December, the Svay Rieng Provincial Court dropped charges against the official, only to see the case ...

http://www.phnompenhpost.com/2013020761233/National/court-sets-date-for-new-hearing-in-bandith-case.html

Cambodia attracts 9.17 bln USD investment from China in last 18 years

Cambodia has attracted 9.17 billion U.S. dollar investment from China in the last 18 years ( 1994-2012), making China become the largest investor in this country, showed a government report on Wednesday. According to the report, China’s investment in Cambodia focused on the fields ...

http://news.xinhuanet.com/english/business/2013-02/06/c_132154931.htm

Local cashew nut exports increasing

Cambodia’s cashew-nut exports increased sharply from 443 tonnes in 2011 to 4,453 tonnes last year, according to the Ministry of Commerce. But observers say these figures do not reflect reality, as a large percentage of exports had not been recorded. An expert in cashew nut production, ...

http://www.phnompenhpost.com/2013020661205/Business/local-cashew-nut-exports-increasing.html

Mfone transfer questioned

Although Mfone subscribers are due to transfer their accounts to Mobitel today, the Post has learned that telco provider Huawei Technologies (Cambodia) is still waiting for a court to rule on the legality of the transaction. Huawei’s lawyer, Kuoy Thunna, filed a letter late last month ...

http://www.phnompenhpost.com/2013020661207/Business/mfone-transfer-questioned.html

Ambition Trumps Reality in Investment Figures

Since 2008, a whopping $28 billion worth of investments has been pledged by local and international firms looking to set up lux­ury hotels, a new airport and even Cam­­bo­dia’s first horse racing venue. But a closer look at the list of in­vestments approved by the Cam­bodian ...

http://www.cambodiadaily.com/business/ambition-trumps-reality-in-investment-figures-9387/

The great mobile shake-out

Mobile phone subscribers in Cambodia have had little to complain about in recent years. With six new operators entering the market since 2006, the result was oversaturation and an all-out price war as eight operators fought for a foothold in a country with fewer than ...

http://www.bangkokpost.com/business/telecom/334187/the-great-mobile-shake-out

Cambodian rice millers to boost exports

Rice millers and exporters are optimistic that they will see an increase in exports this year after they received higher orders toward the end of 2012, producers said yesterday. Toch Tepech, president of the Svay Rieng Rice Millers Association, told the Post he had exported over ...

Singaporean law firm expands to Cambodia

Rajah & Tann, Southeast Asia’s largest law firm, has expanded to Cambodia through a tie-up with local law firm Sok & Heng, which has taken on a new name, RT Sok & Heng Law Office. Rajah & Tann’s deputy managing partner, Patrick Ang, estimates that there ...

http://www.phnompenhpost.com/2013020561178/Business/singaporean-law-firm-expands-to-cambodia.html

Cassava production dropped in 2012

The area of cassava under cultivation fell by 11.5 per cent across the country this season, while the price of cassava chips remained the same as last season’s price. Officials blamed an unstable price during the previous season (from April to April) for the drop. According ...

http://www.phnompenhpost.com/2013020561173/Business/cassava-production-dropped-in-2012.html

$4m restaurant reflects growing Chinese presence in Cambodia

Old Place Seafood, a Chinese restaurant that cost $4 million, has opened in Phnom Penh. A representative of the restaurant, which is opposite the Chinese embassy, said the growing number of Chinese people in the Kingdom had justified such an investment. Luu Meng, president of the ...

http://www.phnompenhpost.com/2013020561175/Business/4m-restaurant-reflects-growing-chinese-presence-in-cambodia.html

Villagers Claim Injustice in Land-titling Project

More than 200 villagers living on an economic land concession on Pursat province say they were unfairly left out of Prime Minister Hun Sen’s nationwide land-measuring program after local authorities on Saturday printed the names of families eligible for land titles. Chhuon Khurn, chief of Phteah ...

http://www.cambodiadaily.com

India to supply HR development assistance

Cambodia has asked India to provide more assistance in the development of human resources to promote economic growth and enhance bilateral co-operation. Deputy Prime Minister Sok An made the request during a meeting with Indian human resource development minister Mangapati Pallam Raju in Phnom Penh on ...

http://www.phnompenhpost.com/2013020561182/Business/india-to-supply-hr-development-assistance.html

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