News
Villagers refuse $500 compensation for damaged houses
Local authorities in the capital’s Russey Keo district had offered residents living along the banks of the Tonle Sap $500 compensation in the wake of sand dredging that began a week ago and has already caused structural damage to their homes, villagers told the Post ...
Mounting Foreign Concerns as 2013 Budget Plans Under Way
WASHINGTON DC – Seven opposition lawmakers say they have found new ways to reduce the national debt and are requesting that the National Assembly’s finance committee meet with them before drafting the 2013 national budget. The lawmakers, from the Sam Rainsy and Human Rights parties, say ...
Asian mega centre boost for Christchurch business
Three New Zealand companies will leave their mark on Kids City, a massive new family entertainment complex in Cambodia offering 7000 square metres of indoor activities, shops, cafes and an ice skating rink on the top floor. When it opens in March, visitors to the 12-story ...
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10851834
Loan agreement inked for Cambodia’s first garment training school
The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...
Fertilizer factory won’t hire non-CPP members, workers claim
Workers applying for jobs at a fertilizer factory in Kandal province claim they were passed over in favour of applicants who were members of the Cambodian People’s Party (CPP). Prey Treng II village chief Hang Suon and two job applicants told the Post yesterday that Five ...
T.K. Garment Co moves across the border for cheaper wages
When the government decided to raise the daily minimum wage to 300 baht nationwide, labour-intensive industries knew sunset was descending on their businesses. As a leading original equipment manufacturer (OEM) for popular clothes lines in Thailand, the company is relocating its largest production site to ...
http://www.bangkokpost.com/business/economics/324412/sunrise-in-cambodia
New life insurance product launched
Cambodia’s nascent life insurance market grew slightly after Manulife Cambodia launched the Manulife Savings Protector yesterday. Combining savings and protection, it will provide life protection for 10 or 15 years to create an estate for relatives in case of untimely death and offer benefits from ...
Cambodia’s PM eyes Japanese investment
Cambodian Prime Minister Hun Sen expects the country to attract more Japanese tourists and investors to help improve the country tourism and economy. The PM said last week he was encouraging more Japanese investors and tourists by heightening bilateral ties. “Japan and Cambodia are known for having ...
http://www.ttrweekly.com/site/2012/12/cambodias-pm-eyes-japanese-investment/
Malaysia frees 105 foreign maids 'held against will'
Malaysian authorities have freed 105 mostly Indonesian maids who were forced to work without pay by day and held against their will at night, local media reported on Monday. The women were freed Saturday in a raid on a building near the capital Kuala Lumpur where ...
Land activists welcome Hun Sen’s position on outsiders
About 60 land activists including children marched to the Peace Palace Monday to welcome Prime Minister Hun Sen’s position on outside involvement in land disputes. The residents of two property development sites and Thmor Kol community near Phnom Penh International Airport also presented a list of ...
Landmines kill 41 Cambodians, injuring 121 others in 10 months
Cambodia on Monday recorded 162 landmine casualties in the first ten months of this year, down 4 percent from 155 casualties at the same period last year, showed a report from the Cambodian Mine and Explosive Remnants of War Victim Information System. The report said that ...
http://news.xinhuanet.com/english/world/2012-12/03/c_132016467.htm
Jarai ethnic minority win temporary victory over forest
Local authorities have stepped in to halt construction around a disputed land concession in Ratanakkiri province in an attempt to discover whether the company has the right to clear forest that residents claim they depend on to survive. In what appears to be a rare showing ...
Vietnamese still Cambodia’s strongest market
Cambodia’s tourism arrivals jumped more than 24 percent during the first ten months 2012, with more than 2.86 million international visitors. A tourism ministry update reported Vietnam as the country’s number one largest source of foreign visitors, with 638,560 tourists followed by South Korea and China, ...
http://www.etravelblackboardasia.com/article/88009/vietnamese-still-cambodias-strongest-market
National Electricity Provider Warns of Dry-Season Power Cuts
The national electricity provider has warned residents in Phnom Penh and in Kompong Speu and Kandal provinces to expect power outages in the coming months as supply would likely fall short of demand throughout the dry season. In a statement issued Friday, Electricite du Cambodge (EdC) ...
http://www.cambodiadaily.com/news/national-electricity-provider-warns-of-dry-season-power-cuts-6384/
Two Soldiers Shot Dead by Thai Military After Crossing Border
The Thai military shot dead two Cambodian soldiers from Preah Vihear province on Friday after they crossed illegally into Thai territory to log for luxury rosewood, officials said yesterday. Three soldier based in Choam Ksan district’s Sra Em commune crossed into Thailand’s Sisaketh province to search ...
Renewed MAI flights touch down in Cambodia
Myanmar Airways International (MAI) has resumed flights between Yangon and Phnom Penh after a four-month suspension due to low demand. The MAI flight landed at Phnom Penh International Airport at 7:15pm on Saturday. MAI country manager Ye Jhan told a press conference to cover the flight’s arrival ...
More local software urged : UNCTAD
Less developed countries should promote domestic software development that meets local needs and capabilities, bringing development gains, a United Nations Conference on Trade and Development (UNCTAD) report published last week says. Locally developed software is more likely to fit the culture, context and language where it ...
http://www.phnompenhpost.com/index.php/2012120360049/Business/more-local-software-urged-unctad.html
Four feared dead in Cambodia dam accident
According to Veal Veng district police chief Theang Leng, the incident occurred on Saturday afternoon, apparently after heavy water pressure caused part of the Stung Atay dam’s reservoir to collapse. “Four people are missing. We fear they have drowned but this is not sure yet,” he ...
http://www.abc.net.au/news/2012-12-03/an-cambodia-dam/4403764
Dam collapse in Cambodia leaves four workers missing
Four workers have gone missing after the collapse of an in-progress hydropower dam in Western Cambodia, apparently due to a leak in the structure. The Associated Press reports that the Saturday collapse occurred at the Stung Atay Hydroelectric Project, a $255-million dollar dam on the Atay ...
Tate and Lyle faces boycott over Cambodian sugar land grabbing claims
Following our investigation which highlighted allegations of human rights abuses in Cambodia’s sugar industry, activists are stepping up their campaign against sugar companies buying from the region. The call to boycott sugar company Tate and Lyle over allegations of illegal land seizures and human rights ...
Cambodian, Vietnamese militaries ink deals for quarry, rubber development projects
Cambodian and Vietnamese Defense Ministries on Friday signed two documents relevant to a joint venture for establishing a quarry and a rubber plantation project in Cambodia. According to a document briefed to reporters at the signing ceremony, the two deals included a quarry site establishment in ...
http://news.xinhuanet.com/english/world/2012-11/30/c_132011035.htm
Power projects aim to generate 4,000 megawatts by 2020
The government is carrying out 18 power projects to generate more than 4,000 megawatts of electricity by 2020, according to the Ministry of Industry, Mines and Energy. In its annual report, the ministry says Cambodia consumed 2,788 million kilowatt/hours in 2011. Thailand and Vietnam supplied 1,765 ...
CTH mulls EPL sub-licensing
Cable Thai Holdings (CTH) says it is in talks with leading cable-TV operators and private broadcasters in Cambodia and Laos to grant sub-licence rights to broadcast the English Premier League for three seasons beginning in 2013-14. CTH is a group of more than 300 cable-TV operators ...
http://www.nationmultimedia.com/business/CTH-mulls-EPL-sub-licensing-30195300.html
Cambodia's inflation lower than 3 pct this year: PM
Cambodia’s inflation rate is expected to be less than 3 percent in 2012 thanks to stable food prices, Prime Minister Hun Sen said Friday. “This year, the inflation will be less than 3 percent, it is low and good if compared to 5.5 percent rate last ...
http://news.xinhuanet.com/english/business/2012-11/30/c_132010698.htm