News

Stirrings from B Kak developer

After months of inactivity that has fueled questions about the company’s future, Boeung Kak lake developer Shukaku Inc has launched a recruitment drive, calling for at least half a dozen architects, engineers and other employees. When contacted yesterday, Sok Heng Ly, an administrative employee listed in the ...

http://www.phnompenhpost.com/index.php/2012092858978/National-news/boeung-kak-lake-developer-makes-moves.html

Gov't Official Says UN Envoy's Reports Favor Opposition

Om Yentieng, president of the government’s Cambodian Human Rights Committee, yesterday accused U.N. human rights envoy Surya Subedi of pandering to the opposition party and trying to stifle the work of the national court system through his examination of Cambodia’s rights situation. Mr. Yentieng, who also heads the Anti-Corruption ...

Hunters and Hunted

Unable to effectively police the Cardamoms alone, the Cambodian government partners itself with several international NGOs. The forests directly north of Highway 48 arc patrolled with the help of Wildlife Alliance. Beginning in 2002 with two ranger stations, Wildlife Alliance now operates six outposts in the ...

Tiger goes terminal, and adds India and Cambodia cities

Tiger Airways reverses its ‘terminal’ thinking at long last in Singapore, and adds new cities in Cambodia and India. .. Tiger Airways is adding Hyderabad, India (tomorrow) and Phnom Penh, Cambodia (next Monday) to its reach only days after shifting up market into Singapore’s main terminal ...

http://blogs.crikey.com.au/planetalking/2012/09/27/tiger-goes-terminal-and-adds-india-and-cambodia-cities/

Foreign tourists to Cambodia likely to reach 3.3 million in 2012: PM

Cambodia is expected to receive 3.3 million foreign tourists this year, a 15 percent rise year-on-year, Prime Minister Hun Sen said Thursday. “The country’s cultural and eco-tourism has seen remarkable development, there is steady growth from year to year,” he said in a message to mark ...

http://news.xinhuanet.com/english/world/2012-09/27/c_131876653.htm

Cambodia eyes domestic oil production, refinery for energy security: official

Cambodia is working on three fronts to improve its energy security and supply, including the development of its first oil-producing asset, looking for ways to resolve a disagreement over disputed territory in the Gulf of Thailand, and studying the economic viability of building its own ...

http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/7105582

KBank sees potential for bancassurance in Laos, Cambodia

Kasikornbank aims to expand its bancassurance business into neighbouring countries after finding that customers in Laos and Cambodia incur higher medical expenses. Pakorn Partanapat, executive vice president, said that the bank has prepared business plans to cope with the Asean Economic Community (AEC), and bancassurance is ...

http://www.nationmultimedia.com/business/KBank-sees-potential-for-bancassurance-in-Laos-Cam-30191178.html

Cambodia's Anti-Corruption Unit receives 800 complaints in 8 months

Cambodia’s Anti-Corruption Unit (ACU) has received about 800 corruption-related complaints in the first eight months of this year, exceeding the whole last year of only 700 cases, Om Yintieng, ACU’s Chairman, said Thursday Cambodia is riddled with bribery and corruption. The Government of Cambodia sees corruption ...

http://www.globaltimes.cn/content/735760.shtml

TV5MONDE extends presence in Mongolia and Cambodia

French-language network TV5MONDE has renewed its carriage agreement with Mongolian power player Sansar Cable LLC. The channel will also be available in Cambodia in all of pay-TV newcomer OneTV’s packages Via Cambodia’s OneTV, TV5MONDE will be available to an estimated 70% of Cambodia’s population, or 8.3 ...

http://www.onscreenasia.com/article/tv5monde-extends-presence-in-mongolia-and-cambodia/10690

Thailand News: Failure to join CLMV could cost millions

Thailand has to revise its strategy concerning a regional single visa scheme, or it could lose millions of tourists to neighboring countries, which are kicking off the “CLMV Single Visa” next year without the Kingdom’s participation. Five countries – Thailand, Laos, Vietnam, Cambodia and Myanmar – ...

http://www.phuketgazette.net/thailandnews/2012/Thailand-News-Failure-to-join-CLMV-could-cost-millions-18014.html

Cambodia lures foreign investors in Thailand

Cambodia is trying to attract foreign investors with manufacturing bases in neighbouring countries, with promises their factories would be safer from flooding. The Phnom Penh Post reported that Commerce Minister Cham Prasidh is appealing to foreign investors with production bases in neighbouring countries, particularly Thailand, to ...

http://www.bangkokpost.com/news/asia/314346/cambodia-tempts-investors-from-neigbours

Locals Pay Almost Double for iPhone Amid High Demand

Cambodian customers eager to buy Apple Inc.’s newest iPhone are paying almost double the company’s asking price in the U.S., phone vendors in Phnom Penh said yesterday. At about a dozen phone shops near Phnom Penh’s Central Market, vendors were doing a steady trade in the ...

Negotiations Planned to Improve Relations in Garment Sector

Negotiations between the Garment Manufacturers Association in Cambodia (GMAC) and unions over a landmark agreement aimed at reducing strike action will be held on October 3, representatives said yesterday. The original agreement on improving industrial relations in the garment sector was signed in October 2010 by ...

Transport costs remain high

Cambodia’s transport costs remain high compared with those in neighbouring countries, according to a 10-container shipment comparison conducted between Cambodia, Thailand and Vietnam by a Korean-owned company, Pan Continental Freight (PCF). The comparison found Cambodia’s free on board (FOB) costs were US$35 a tonne, whereas Thailand ...

http://www.phnompenhpost.com/index.php/2012092758948/Business/transport-costs-remain-high.html

Land title deals for former Khmer Rouge in question

Former Khmer Rouge cadres who in return for laying down their weapons and swearing allegiance to the Cambodian government were granted plots of land in what is now Kampot province say local authorities aren’t respecting the deal. Representatives of 80 families in the province’s Chhouk district told the ...

http://www.phnompenhpost.com/index.php/2012092758940/National-news/land-title-deals-for-former-khmer-rouge-in-question.html

Looking for a flood of investment

Cambodia’s Commerce Minister Cham Prasidh said foreign investors with production bases in Thailand ought to consider Cambodia for future expansion because of the Kingdom’s greater resistance to floods. Speaking at Phnom Penh Honda’s 20th anniversary yesterday, the Commerce minister said that while Cambodia faces floods each ...

http://www.phnompenhpost.com/index.php/2012092758951/Business/flood-resistance-leverage-for-foreign-investment.html

UN Says Cambodia 'Food Secure' Thanks to Gov't Policies

While the global economic crisis weakened the ability of Cambodian households to purchase food, the government’s focus on agricultural production and other policies have since helped alleviate food insecurity in the country, the U.N. Conference on Trade and Development said in a new report. Between June ...

Cambodia receives $3m grant

Cambodia will receive a grant of US$3.3 million from the World Trade Organisation to support rice milling, silk production and development of the Department of International Cooperation, according to Heng Sovannarith, communication officer for Trade Wide Sector Approach. Sovannarith said the Ministry of Commerce would receive the grant from ...

http://www.phnompenhpost.com/index.php/2012092758950/Business/cambodia-granted-3m-for-development.html

UN Delegates Call on Cambodia to Heed Envoy's Remarks

U.N. representatives from Japan, the European Union and Australia called on Cambodia to heed recommendations made in a report on human rights and economic land concessions by the U.N.’s envoy Surya Subedi at the Human Rights Council in Geneva Tuesday. While the E.U. commended Cambodia ...

Policing, Free Expression Raised at Donor Meeting

Amid a recent spike in police violence against land protesters, Cambodia’s foreign donors yesterday together called on the government for “responsible policing” and expressed “concern” over the trend. The relative candor from aid donors toward the end of the high-level but long-delayed meeting with top government ...

Families Face Re-Eviction, Submit City Hall Petition

Representatives of 19 families facing the eviction from their homes in Phnom Penh’s Pur Senchey district submitted a petition to City Hall yesterday, demanding land as compensation. The families claim that the eviction is doubly bitter because they had been relocated to Andong 3 Village, Kouk ...

Gov't to Award Three Communal Land Titles to Ethnic Bunong

Three ethnic Bunong communities in Mondolkiri province may soon receive long-awaited collective property titles, which would bring to six the total number of communal land titles granted to the country’s indigenous people since the Land Law was created in 2011. And while the possible issuing of the three ...

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