News
Students Refer Land Dispute to Hun Sen's Son
The chief of 120 students spearheading the government’s land-titling program in Pursat province has filed a report with Prime Minister Hun Sen’s second son, Hun Manith, to find a solution for villagers who say local officials in the area have confiscated their registration documents. ...
OSK Investment Bank and RHB Capital merge
OSK Investment Bank Berhad (OSKIB), the parent company of OSK Indochina Bank Limited (OSKIBL), has become a wholly owned subsidiary of the Malaysia-based financial services group RHB Capital Berhad (RHB Capital), effective from November 9. ...
Hun Sen says CPP will never tax farmland
Prime Minister Hun Sen has said the ruling Cambodian People’s Party (CPP) will never tax farmland. “It would burden our farmers,” he said in Takeo Sunday. “Although national revenue that comes from land taxes is spent on building roads, water systems, hospitals and schools, we still ...
Thai-Cambodian Meeting Addressed Illegal Migrants
Foreign Minister Hor Namhong returned to Phnom Penh on Friday after attending a two-day meeting of the Cambodian-Thai Joint Committee in Bangkok, during which he discussed the issue of illegal migrant workers with his Thai counterpart, Surapong Tovichakchaikul. According to a joint statement issued by the ...
Land protestors curse court
Residents of property development site Boeung Kok gathered Monday in front of Phnom Penh Municipal Court to put a curse on court officials. Representative Heng Mom asked the court to review the case of Youm Bopha, sentenced to three years in prison for attempted violence on ...
Garment Workers Protest for Higher Wages at Freedom Park
More than 200 garment workers gathered at Phnom Penh’s Freedom Park yesterday to protest for higher wages before marching to Wat Botum Park and the National Assembly. The workers from three factories – Cambo Handsome, Best One and Yang Fong – are requesting $150 as their ...
1,000 More Logs Discovered Inside Ratanakkiri Land Concession
Forestry Administration officials and police yesterday discovered a stockpile of more than 1,000 logs that ethnic Jarai villagers in Ratanakkiri province’s O’Yadaw district claim have been illegally cut by the Vietnamese owners of a rubber concession, a district official said. The 4,000-hectare concession was granted to ...
Cambodian, Chinese firms unveil 1st oil refinery project in Cambodia
Cambodian Petrochemical Company and Sinomach China Perfect Machinery Industry Corp jointly announced on Friday to build the first oil refinery in Cambodia and the construction is expected to be completed at the end of 2015. Zhang Sugang, president of Sinomach China Perfect Machinery Industry Corp, said ...
http://news.xinhuanet.com/english/china/2012-12/28/c_132069193.htm
Cambodia-Vietnam trade, investment see marked rises in 2012
Bilateral trade volume between Cambodia and Vietnam jumped to 3.3 billion U.S. dollars in 2012, a 18 percent rise from 2.8 billion U.S. dollars in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on Saturday. The report also said ...
http://news.xinhuanet.com/english/world/2012-12/29/c_132070890.htm
Regional Workers Need More Protection, Advocate Says
With Thailand threatening to oust undocumented workers, Asean must do more as a region to protect its migrant workers, a leading rights advocate says. More and more workers are crossing the borders between Asean countries, and the region looking to lower trade barriers, so workers need ...
http://www.voacambodia.com/content/regional-workers-need-more-protection-advocate-says/1574026.html
Train service relaunched between Phnom Penh and Sihanoukville
The government was to resume rail services between Phnom Penh and Sihanoukville Friday in collaboration with Toll Royal Co, Richz Electronic Services and the Asian Development Bank, sources said. ...
Cambodia's first commercial train begins operation
Cambodia’s modern railway system on Friday commenced commercial rail operations on the 256- kilometer”Southern Line” between the capital city of Phnom Penh and Sihanoukville Port. The launching was made after years of renovation with the financial support from the Asian Development Bank and development partners. “ADB ...
http://news.xinhuanet.com/english/world/2012-12/28/c_132069644.htm
Garment strikers march on despite ban
About 300 workers continued protesting at the Master and Frank garment factory yesterday, rejecting a Kandal Provincial Court injunction ordering them back to work within 48 hours. After the company promised to consider workers’ demands that it reinstate fired union members, workers cancelled their plans to ...
http://www.phnompenhpost.com/2012122860510/National/garment-strikers-march-on-despite-ban.html
Cambodia defies global crisis
Cambodia’s economic performance this year has been heartening despite the global economic slowdown, especially the chaos caused in Europe by the sovereign-debt crisis and the sluggish recovery of the US economy. In October, the International Monetary Fund revised its world growth projections to 3.3 per cent ...
Hun Sen Encourages Cambodians to Emulate Chinese-Style Wealth
Prime Minister Hun Sen yesterday encouraged Cambodians to strive for Chinese-style millionaire status as he inaugurated a sugar refinery located inside two controversial plantations belonging to CPP Senator Ly Yong Phat and his wife in Kompong Speu province. “I have one clear policy in strengthening the ...
Protest against former Bavet governor set for January 27
Free Trade Union of Workers President Chea Mony has announced plans to protest the dropping of charges against former Bavet governor Chhouk Bandith. The former governor was accused of seriously injuring three women when he opened fire on striking workers in Bavet in February. ...
Illegal Luxury Wood Seized From National Police Truck
Forestry officials in Siem Reap province seized 14 cubic meters if illegally logged luxury wood being transported by a truck bearing National Police license plates, Forestry Administration officials said yesterday. ...
Cambodian sugar plant leaves villagers bitter
Though the mood was congratulatory yesterday at the inauguration of ruling party Senator Ly Yong Phat’s sugar company – a gleaming, new facility nestled in between two hills in Kampong Speu province’s Omlaing commune – the mood just a few kilometres away bordered on desperation. Sitting ...
Hun Sen Asks Companies to Invest in Private Fire Trucks, Again
Prime Minister Hun Sen yesterday appealed to the private sector for the second time to invest in fire trucks instead of depending on the government’s fire departments. “Please try to do two jobs. The first is to get the fire sprinkler systems into the factory ...
Bank Accounts Rare in Cambodia, Even for Rich
Despite an expanding financial sector, increasing access to credit and strong economic growth in recent years, fewer than 1 in 20 Cambodians has a bank account, according to a new policy working paper by the World Bank. According to the paper – released earlier this month ...
http://www.cambodiadaily.com/business/bank-accounts-rare-in-cambodia-even-for-rich-6957/
Cambodia opens first largest sugar cane factory with $150 million investment from local company
Cambodia today opened first largest sugar factory in Kampong Speu province, western part of city of Phnom Penh with $ 150 million investment from a local company which employs 2 554 workers. Ly Yong Phat, owner of Sugar factory ( Phnom Penh sugar company) said: his ...
Vietnam listed in top five investors in Cambodia
The figures were released at a recent conference reviewing three years of Vietnamese trade and investment promotion in Cambodia, held by the Association of Vietnamese Investors in Cambodia (AVIC) in Phnom Penh. In 2010, Vietnam had only 41 investment projects totaling US$566 million in Cambodia. AVIC has ...
http://talkvietnam.com/2012/12/vietnam-listed-in-top-five-investors-in-cambodia/#.UNvPbqzfmW4
Workers continue strike at bankrupt US company
A strike by 2,000 workers at a bankrupt US-owned company entered its third day Thursday, sources said. The sources said the workers at Svay Rieng (Cambodia) Garment Co Ltd, a manufacturer of hospital gowns, had a list of five demands. ...
In Koh Kong land fight, volunteers requested
More than 30 representatives of families who claim a dispute piece of land in Koh Kong province went to provincial hall for the second time yesterday and submitted an official request to allow Prime Minister Hun Sen’s youth volunteer corps to measure the area. ...
http://www.phnompenhpost.com/2012122760493/National/in-koh-kong-land-fight-volunteers-requested.html