News
New palm oil plant for $16m
Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...
http://www.phnompenhpost.com/2013030661772/Business/new-palm-oil-plant-for-16m.html
Report shows lack of information on Chinese-Funded Railway
With locals demanding dialogue with the Chinese firms behind a proposed multibillion dollar rail line to Preah Vihear province, an NGO report released yesterday highlights the dearth of information that has been made available on the project. Chinese company Cambodia Iron Steel Mining Industry Group (CISMIG) ...
http://www.cambodiadaily.com/news/report-shows-lack-of-information-on-chinese-funded-railway-12723/
Angkor Air forecasts first loss
AFTER finishing in the black every year since its launch in 2009, Cambodia’s flagship airline is forecasting a loss for the first time, in a situation that an industry analyst has described as “not necessarily typical”. Cambodia Angkor Air’s (CAA) loss is projected to span two ...
http://www.phnompenhpost.com/2013030661776/Business/angkor-air-forecasts-first-loss.html
NagaCorp To Build Underground Retail Center In Phnom Penh
Nagacorp will build an underground road and retail space linking its casino complex in Phnom Penh to nearby Koh Pich, according to the announcement released by City Hall yesterday. The underground road, which will be 23 meters wide and 447 meters long, will connect to National ...
Room for compromise in wage debate: official
The Garment Manufacturers Association in Cambodia and unions both need to compromise further to secure a “proper wage” for garment workers whose lives are hampered by their current $61 minimum wage, a Ministry of Social Affairs official overseeing wage negotiations said yesterday. “The government needs the ...
http://www.phnompenhpost.com/2013030661779/National/room-for-compromise-in-wage-debate-official.html
Cambodia Post to tie up with Thailand
Cambodia Post, a state-owned enterprise with plans to list on Cambodia’s bourse, will sign a memorandum of understanding (MoU) today with the Thai Post intended to provide electronic money transfer services between the two ASEAN neighbours. The initiative hopes to tap the growing remittance via ...
http://www.phnompenhpost.com/2013030661775/Business/cambodia-post-to-tie-up-with-thailand.html
Hun Sen Says CPP Largess Will End If Election is Lost
Less than five months from the national elections, Prime Minister Huns Sen yesterday warned the public that his ruling CPP party would stop making charitable donations towards infrastructure and national development if the party is not re-elected. Speaking at the inauguration of a Chinese-funded expansion of ...
http://www.cambodiadaily.com/news/hun-sen-says-cpp-largess-will-end-if-election-is-lost-12645/
Foreign activists detained
Police arrested five activists from labour-rights group Clean Clothes Campaign yesterday outside the E Garment factory in Kandal province. Neuv Sakhan, deputy director of the Kandal provincial immigration police, told the Post four women and one man, from Norway, Belgium, England and Austria, had been taken ...
http://www.phnompenhpost.com/2013030661780/National/foreign-activists-detained.html
Protests Over Mondulkiri Electricity Prices Resume
About 100 residents of Mondulkirri province’s Sen Monorom City have protested yesterday for the third time in the past 2 weeks in front of the provincial office of state electricity provider Eletricite du Cambodge (Edc), demanding that their electricity be decreased. Vann Neang, who ...
Toilets, trucks on agenda
The government announced new plans for developing both transportation and rural sanitation at the annual meeting of the Ministry of Rural Development at the Chaktomuk Conference Hall in Phnom Penh yesterday. According to officials at the event, the ministry will be completing by year’s end a ...
http://www.phnompenhpost.com/2013030661784/National/toilets-trucks-on-agenda.html
Birds and eggs banned from entering Thailand from Cambodia; vehicles sprayed at border points
Top officials from the Livestock Development Department inspected the work of the animal quarantine center in Sa Kaew province, located on the shared border with Cambodia. Officials at the quarantine center, situated at Ban Khlong Luek permanent border point, now implements such measures as spraying ...
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNEVN5603050010002
Cambodia launches arbitration body to deal with commercial disputes
Cambodia officially launched the long-awaited National Arbitration Center (NAC) on Monday, aiming at enhancing business environment and attracting more local and foreign investors. Speaking at the launching ceremony, Minister of Commerce Cham Prasidh said the government is committed to improving and enhancing Cambodia’s business environment and ...
http://news.xinhuanet.com/english/business/2013-03/04/c_132207640.htm
Cambodia building 248-km national road with Chinese aid
Cambodian Prime Minister Hun Sen on Tuesday broke ground for the construction and enlargement of a 248-kilometer stretch of national road No. 6A, saying that the road is vital for the development of the economy and tourism. The road will be widened from the current 7 ...
http://news.xinhuanet.com/english/world/2013-03/05/c_132209913.htm
Houses bulldozed because of land
Sihanoukville authorities bulldozed homes in the Steung Hav district on Tuesday following a verdict made by Sihanoukville Provincial Court. In the demolition, authorities had used about 100 police officers and several machines to bulldoze around 18 houses. The land had been a topic of ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTI4Y2VjMzgyMmZ
Ethnic villagers fight lake fill-in
One hundred and thirteen Jarai families from Ratanakkiri’s Bakeo district are sending a letter of protest to the provincial fishery administration today, after a Vietnamese rubber company started filling in a lake that they had promised last month to preserve for villagers. Rochom Ven, chief of ...
http://www.phnompenhpost.com/2013030561737/National/ethnic-villagers-fight-lake-fill-in.html
Government Says New Jet Was Leased From Chinese Airline
The Council of Ministers has revealed that its new Airbus A320, meant for shuttling Prime Minister Hun Sen and a select few others around the world, is being leased from China Southern Airlines but refrained from disclosing how much the deal was worth. Last month, CPP ...
http://www.cambodiadaily.com/news/government-says-new-jet-was-leased-from-chinese-airline-12328/
Thailand, Vietnam Seek Controls on Rosewood Trade
Thailand and Vietnam have called for strict controls to be placed on the international trade of rosewood in an attempt to prevent the luxury wood species from being logged to extinction. Cambodia currently exports thousands of cubic meters of the wood to China each year, and ...
http://www.cambodiadaily.com/news/thailand-vietnam-seek-controls-on-rosewood-trade-12299/
Villagers fear eviction looms
Villagers who fear eviction from their homes of 30 years in Kratie province travelled to Phnom Penh yesterday to plead for Prime Minister Hun Sen’s intervention. Fifteen representatives of 88 families who live close to Kratie Airport, in Kratie town’s Srei Padav village, said provincial authorities ...
http://www.phnompenhpost.com/2013030561741/National/villagers-fear-eviction-looms.html
Graduates lacking skills: report
EVEN though about 50 per cent of Cambodian university students studied business management, the banking sector has been hesitant to recruit them, insiders said yesterday. A 2010 report by the recruitment agency HRINC (Cambodia) projected that the supply of business, marketing, management, banking and finance, economics ...
http://www.phnompenhpost.com/2013030561746/Business/graduates-lacking-skills-report.html
Final Wage Offer for Garment Workers Is $75
The Garment Manufacturers Association in Cambodia (GMAC) informed the government yesterday that their final offer in minimum wage negotiations with the country’s unions is $75 per month, $25 less than the unions had wanted. The $75 dollar figure, however, includes a $5 state-mandated health bonus, paid ...
Rice exports at a flying pace
Cambodia milled rice exports reached 49,815 tonnes in the first two months of this year, an increase of 106 per cent from the same period last year. Jasmine rice was the biggest part of the exports, followed by long grain white rice, data from the ...
http://www.phnompenhpost.com/2013030561743/Business/rice-exports-at-a-flying-pace.html
Mfone Employees Demand Unpaid Salaries
More than 100 former employees of the bankrupt mobile telephone company Mfone protested outside the firm’s shuttered offices in Phnom Penh yesterday, demanding that they receive salaries for working the month of February despite the company having already gone out of business. Mar Samoeun, 64, ...
Japanese to bolster SEZ development
A GROUP of Japanese businessmen yesterday signed a memorandum of understanding with Sonatra Group chairman Sorn Sokna to develop a special economic zone along the Mekong River at the site of the Prey Veng ferry terminals. The ferry service is expected to become redundant when the ...
http://www.phnompenhpost.com/2013030561750/Business/japanese-to-bolster-sez-development.html
Thais to set up maize plant
THAI agribusiness giant Charoen Pokphand (CP) Foods is setting up a new silo and drying plant for maize in Pailin province. The exact investment cost is not known. According to a newspaper report in The Nation, the plant, together with a planned feed-meal plant in Laos, ...
http://www.phnompenhpost.com/2013030561742/Business/thais-to-set-up-maize-plant.html