News

Fake potash reduces rice profits and farm output

A senior agricultural official is concerned by the prevalence of fake fertilizers that cause stunted rice crops and reduce farmers’ profits. Ngin Chhay, director of the Rice Crops Department in the Ministry of Agriculture, Fishery and Forestry, told the Development Research Forum in Phnom Penh yesterday the products were ...

http://www.phnompenhpost.com/index.php/2012102359365/Business/fake-potash-reduces-rice-profits-and-farm-output.html

Reserve rate doesn't worry local banks

Bankers have raised no concerns over the National Bank of Cambodia’s increase to the reserve requirement rate in order to maintain the stabilization of cash flow and inflation during a time of global financial difficulty. The increase, from 12 to 12.5 per cent, issued late last month, was ...

http://www.phnompenhpost.com/index.php/2012102359366/Business/reserve-rate-doesnt-worry-local-banks.html

Questions over China dams

Some questions remain about whether hydro dams on the upper Mekong River in China exacerbated conditions during Cambodia’s devastating drought of 2010, environmental groups say, as China’s dam program powers ahead. When the first power-generating unit was switched on last month at China’s giant 262-metre tall ...

http://www.phnompenhpost.com/index.php/2012102359350/National-news/questions-over-china-dams.html

Fake dollars stopped: cops

Three men arrested over a plan to smuggle millions of dollars worth of counterfeit US banknotes into Cambodia with the help of Thai criminals used the name of Prime Minister Hun Sen’s chief bodyguard to secure the deal, a provincial court heard yesterday. Pin Tipelo, 38, ...

http://www.phnompenhpost.com/index.php/2012102359358/National-news/three-arrested-over-fake-dollars-smuggling-plan.html

First & Main gear goes cheap

Workers from bankrupt plush-toy factory First & Main are still owed money after the Ministry of Social Affairs auctioned $200,000 worth of factory equipment for just $21,000, a labor rights advocate said Sunday. More than 350 workers were left stranded when the US-owned teddy bear factory closed in ...

http://www.phnompenhpost.com/index.php/2012102359360/National-news/first-a-main-gear-goes-cheap.html

Boss commits royal blunder

A Chinese factory manager sparked a near-riot in Phnom Penh yesterday morning after publicly destroying two photos of the late King Father in front of hundreds of workers. More than a thousand employees of the Top World garment factory launched an immediate strike, and threatened to ...

http://www.phnompenhpost.com/index.php/2012102359368/National-news/boss-commits-royal-blunder.html

Thailand cracks down on exploitative factory

In a rare intervention, the Thai Labor Ministry has stepped in to stop the exploitation of migrant workers from Cambodia and Myanmar at a seafood factory in the country’s south, correspondence obtained by the Post reveals. The ministry found the Phatthana Seafood factory, in Songkhla province, which employs ...

http://www.phnompenhpost.com/index.php/2012102359354/National-news/thailand-cracks-down-on-exploitative-factory.html

Killer in Chut Wutty Case Could Be Free Within Days

The Koh Kong Provincial Court yesterday convicted a private security guard of accidentally killing the military police officer who allegedly shot dead the country’s most prominent environmental activist, Chut Wutty, and sentenced him to two years in prison. The presiding judge, Kham Sophary, then immediately suspended ...

http://www.cambodiadaily.com/news/killer-in-environmental-activist-chut-wutty-case-could-be-free-within-days-4719/

Wutty Case wraps with sentencing

At the close of a case that remained shrouded in controversy until the end, Koh Kong Provincial Court yesterday found former security guard Ran Boroth guilty of the unintentional killing of military police officer In Rattana, the man on whom authorities pinned the murder of ...

http://www.phnompenhpost.com/index.php/2012102359367/National-news/wutty-case-wraps-with-sentencing.html

FedEx opens new air freight hub

FedEx has officially opened its new South Pacific Regional Hub in Singapore, the largest consolidated facility in the Asia-Pacific region. The $97 million hub is the first and only express transportation facility in Singapore. The 282,700-square-foot integrated facility houses air, ground and clearance operations under one roof ...

http://www.supplychainreview.com.au/news/articleid/81499.aspx

Higher costs forcing Chinese firms to relocate to Southeast Asia

China’s rising wages and shrinking export demand are forcing manufacturers to relocate to neighbouring Southeast Asian nations and many that remain are seriously considering moving, a foreign trade official from the Ministry of Commerce said Buyers have “turned their eyes to manufacturers from Southeast Asian countries”, ...

http://my.news.yahoo.com/higher-costs-forcing-chinese-firms-relocate-southeast-asia-091002927.html

Cambodia records almost US$2-B trade deficit in 9 months

Cambodia reported a trade deficit of 33% in equivalent to US$1.99-B in the 1st 9 months of this year, the report of the Ministry of Commerce showed Saturday ...

http://www.livetradingnews.com/cambodia-records-almost-us2-b-trade-deficit-in-9-months-90475.htm

Four People Injured After Two Buses Collide

Three Vietnamese nationals and one Cambodian were hospitalized Saturday after two commercial buses driving between Phnom Penh and Ho Chi Minh City collided in Svay Rieng province, police said yesterday. Ouch Sarun, provincial traffic police chief, said that the two buses [belonging to Van Rec. Co. Ltd., and ...

Cambodia's Trade Deficit Grows to Almost $2 Billion

Cambodia’s trade deficit reached $1.99 billion through the first nine months of the year, an increase of 33 percent compared to the same period in 2011, according to data released by the Ministry of Commerce on Saturday. Chinese state news agency Xinhua reported that the total value ...

Six Brokers Arrested for Trying To Send Workers to Thailand

Six people were arrested in three separate incidents for trying to send 236 Cambodians into Thailand where they were to work illegally, police said yesterday. Prak Saony, Kompong Chhnang provincial anti-human trafficking and juvenile protection bureau police chief, said that police arrested five people in a ...

Cambodia's Ancient Silk Industry Hangs by a Fine Thread

Welcome to Cambodia’s lone Silkworm Egg Production Center, and to the techniques that are being used to prevent and monitor diseases that are currently killing off more than 50 percent of all silkworm production in the country. Established by the U.N.’s Food and Agriculture Organization (FAO), ...

http://www.cambodiadaily.com/business/cambodias-ancient-silk-industry-hangs-by-a-fine-thread-4662/

Window closing on AHRD: NGOs

Time is running out to rid the proposed ASEAN Human Rights Declaration of clauses that would restrict peoples’ rights rather than protect and enhance them, civil society groups said yesterday. Nay Vanda, deputy head of the monitoring section of rights group Adhoc, said civil society groups needed more ...

http://www.phnompenhpost.com/index.php/2012102259330/National-news/window-closing-on-asean-human-rights-declaration.html

NGOs Ask Asean for More Say on Human Rights

Less than a month before Asean heads of state are expected to approve the first-ever human rights declaration for the regional group, Cambodian and Indonesian NGOs yesterday urged member states to give their organizations a larger role in the process. In the works for more than ...

'Threats' made over farmland

About 200 families in Koh Kong province’s Botum Sakor district were threatened with legal action yesterday by the district governor, who told them their 100-hectare plantation had been earmarked for development by a Chinese firm, a village representative alleged. Two days later, Botum Sakor district ...

http://www.phnompenhpost.com/index.php/2012102259338/National-news/threats-made-over-farmland.html

U.S., S. Korean, Chinese, Japanese leaders to attend 21st ASEAN Summit in Cambodia

U.S. President Barack Obama, South Korean President Lee Myung-bak, Chinese Premier Wen Jiabao and Japanese Prime Minister Yoshihiko Noda have already confirmed their participation in the 21st ASEAN Summit and related Summits here on Nov. 15-20, said Cambodia’s Foreign Minister Hor Namhong on Monday. ...

http://news.xinhuanet.com/english/world/2012-10/22/c_131922509.htm

AHAVA expanding to 7 more countries

AHAVA Dead Sea Laboratories is expanding its international activity Dead Sea products to be sold in Poland, Italy, Switzerland, Korea, Greece, Denmark and Cambodia. Company CEO expects 10% growth in sales in coming year “In Phnom Penh, the Cambodian capital, we are operating through a franchisee’s store, ...

http://www.ynetnews.com/articles/0,7340,L-4291229,00.html

Group Says Cambodia Should Reflect After Failed UN Seat Bid

The Paris-based International Federation for Human Rights (FIDH) issued a statement on Friday praising the U.N. General Assembly for not voting in favor of Cambodia during its bid for a non-permanent seat on the U.N. Security Council. U.N. member states cast their votes on Thursday in ...

Cambodia's garment export reaches 3.54 bln USD in 8 months, up 11%

Cambodia has exported garment and textile products in equivalent to 3.54 billion U.S. dollars in the first eight months of 2012, a 11 percent rise from 3.19 billion U.S. dollars at the same period last year, a report from the Commerce Ministry showed Friday According to ...

http://news.xinhuanet.com/english/business/2012-10/19/c_131916898.htm

Runoff From Illegal Gold Mines Cause Cow Deaths

Toxic runoff from small-scale gold mining operations in Battambang province killed two cattle on Wednesday, the latest casualties from pollution in the area led to the closing of more than 100 mines earlier this year. Officials from the provincial mines department yesterday said they were unaware of ...

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