News
Journo, forest official allegedly beat logger
A local journalist and a forestry official were arrested by military police in Kratie province’s Sambo district on Friday night for allegedly discharging a weapon into the air and beating a man with a boat oar in an extortion bid gone awry. According to district military ...
Anniversary Marked With Fiery Demonstration
Residents of Phnom Penh’s Boeng Kak neighborhood burned straw effigies symbolizing corrupt government officials yesterday to mark the one-year anniversary of the demolition of eight homes at the contested site. Roughly 100 protesters gathered at the site of the demolitions and set fire to eight scarecrow-like effigies- one ...
Bandith trial to begin soon
The long-awaited trial of former Bavet town governor Chhouk Bandith – accused of shooting three garment workers at a protest in February – could begin within the next week, a Svay Rieng Provincial Court official said yesterday. Investigating judge Pich Chhert said the inquiry into the ...
http://www.phnompenhpost.com/index.php/2012091758746/National-news/bandith-trial-to-begin-soon.html
Eviction fears grow at lake
Villagers living in raised houses on the capital’s Boeung Tumpun lake fear their eviction is on the horizon as sand pumping increases at the site, they said yesterday. In recent months, heavy machinery has been at work at the Boeung Tumpun site. Sand pumping has ...
http://www.phnompenhpost.com/index.php/2012091758736/National-news/eviction-fears-grow-at-lake.html
Timber Firm's workers back
Employee at timber company Angkor Flywood in Kampong Cham province will return to work today after their bosses agreed yesterday to all but one of their demands: an increase in wages. Sok Kin, vice president of the Building and Word Workers Trade Union Federation of Cambodia ...
http://www.phnompenhpost.com/index.php/2012091758737/National-news/timber-firms-workers-back.html
Officer, Wife Charged with Journalist's Murder
The Ratanakkiri Provincial Court yesterday charged a military police captain and his wife with the murder of journalist Hang Serei Odom, officials said. Hang Serei Odom, who worked for the Virakchun Khmer Daily newspaper, was found dead in the trunk of his car on Tuesday. He ...
Tay Ninh, Kampong Chhnang strengthen ties
Leaders from Vietnam’s southern province of Tay Ninh and Cambodia’s Kampong Chhnang province signed a cooperative agreement in Tay Ninh on September 17. The agreement falls within the framework of the minutes of the 7th Cooperation and Development Conference for Vietnamese and Cambodian border provinces that ...
http://english.vovnews.vn/Home/Tay-Ninh-Kampong-Chhnang-strengthen-ties/20129/142200.vov
Southeast Asia smartphone growth: 78% in 12 months
Southeast Asia is a growth market for the mobile industry, with Indonesia and the Philippines being key markets for growth, particularly in smartphones, reports GfK Asia. The Southeast Asian mobile phone market is on the rise, having grown by 24% in volume in the past 12 ...
http://e27.sg/2012/09/17/southeast-asia-smartphone-growth-78-percent-12-months/
Residents could be evicted as pumped sand fills the Boeung Tumpun lake
Heavy machinery is pumping millions of tonnes of sand from the river into the Boeung Tumpun lake in Phnom Penh, Cambodia. The area is home to some 2000 families and rumours suggest they will be evicted to develop the land once the lake is filled. The ...
Cambodia to Buy Power From Laos’ Xayaburi Dam
Laos’ energy minister announced last week that the country will sell energy supplied by the controversial Xayaburi Dam to Cambodia. It is already planning to sell power to Thailand, where last month a lawsuit was lodged to stop the country from buying electricity produced at ...
http://www.ooskanews.com/daily-water-topic/cambodia-buy-power-laos-xayaburi-dam_24348
The Week at the CSX
The price of Phnom Penh Water Supply Authority stock over the Sept. 6-12 period fluctuated between KHR 6,350 (US$1.57) and KHR 6,300 (US$1.55). The price on Sept. 6, KHR 6,350, fell to KHR 6,300 (US$1.58) on Sept. 7 and remained there until climbing to KHR 6,350 ...
Cafta report card
China is encouraged by growing cooperation with Asean countries and hopes to see even more development in China-Asean trade to generate benefits for both sides. Under the China-Asean Free Trade Agreement (Cafta) that went into effect on Jan 1, 2010, more than 7,000 products are now ...
http://www.bangkokpost.com/business/news/312738/cafta-report-card
PTT prepares 800 million baht for expansion into Cambodia, Laos
The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years. The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 ...
The Week at the CSX
The price of the Phnom Penh Water Supply Authority stock over the Aug. 30-Sept. 5 period fluctuated from KHR 6,350 (US$1.57) to KHR 6,450 (US$1.59), but trading volumes went down to zero again on Aug. 31, the second time in the bourse’s short history. With ...
Officials seek to boost trade ties with Cambodia
A group of Chinese trade officials from South China’s Shenzhen city has been visiting Cambodia to promote the bilateral trade and investment ties. The group was led by Zhang Jinsheng, director of Shenzhen WTO Affairs Office. Addressing a Shenzhen Economic and Trade Forum on Friday afternoon, Zhang ...
http://www.chinadaily.com.cn/business/2012-09/15/content_15760426.htm
Spirit of the Forest
Once a majority ethnic minority province where Tampoun, Jarai and Kreung speakers outnumbered the Khmer, Ratanakkiri is now one of the country’s fastest growing provinces where inhabitants of lowland provinces, particularly Kompong Cham, Svay Rieng and Prey Veng, are flocking in search of a better ...
Cambodia Asks China to Fund Power Cables
Two weeks after Prime Minister Hun Sen returned from China with more than half a billion dollars in new loans and grants, Cambodia once again asked Beijing for money on Thursday. In a bilateral discussion held alongside this week’s series of meetings between Asean energy ministers, ...
Mondolkiri Minority Villagers Divided Over Land Titles
Ethnic Bunong villagers in Mondolkiri province’s Pech Chreada district are bitterly divided over how best to protect their ancestral land amid efforts by authorities to map it in preparation for property titles. Bosra commune chief Yoeth Sarin said that since student volunteers-deployed across the country as ...
Canadia, Gov't Look to Soothe Tax Process
With the deadline to pay annual property taxes rapidly approaching, hundreds of Phnom Penh homeowners queued this week at Canadia Bank’s headquarters on Monivong Boulevard to pay their tax bills in relative comfort, and avoid long visits to district and municipal taxation offices. Canadia Bank signed ...
Rights Groups Condemn Charges Against Anti-Eviction Activists
International human rights groups added their voices to the chorus of criticism over the detention of two female anti-eviction activists from the Boeng Kak and Borei Keila communities, accusing the court of failing to honor fair trial standards. In a statement issued late Thursday, Amnesty International, ...
Verdict Due October 1 in Trial of Jailed Radio Station Owner
On the fourth and final day of his trial for alleged involvement in a secessionist movement, independent radio station owner Mam Sonando told the court on Friday that he had returned to Cambodia from the U.S. to stand the trial because he was innocent. Mr. Sonando, ...
Top Glove wants to source for its own latex
TOP Glove Corp Bhd became the first rubber glove maker to move upstream by acquiring its own rubber plantation land to ensure a consistent supply of latex At for the purchase price of RM22mil, it translates to RM715 per ha, which is also 35% cheaper than ...
http://biz.thestar.com.my/news/story.asp?file=/2012/9/15/business/12014933&sec=business
Cambodia records US$1.51-B trade deficit in 7 months
Cambodia reported a trade deficit of 34% in equivalent to US$1.51-B in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday. During January-July period this year, the country’s total import and export value was US$7.45-B, up 15% from US$6.47-B at ...
http://www.livetradingnews.com/cambodia-records-us1-51-b-trade-deficit-in-7-months-85827.htm
CIMBT expands intra-Asean ATM service
CIMB Bank Thai (CIMBT) clients will one day able to use ATMs for financial transactions anywhere in Asean. The regional linkage of ATMs is aimed at improving service and cost efficiency as a part of the CIMB Group’s regional strategy. Executive vice-president Dusanee Klewpatinontha said Cambodia has ...
http://www.bangkokpost.com/business/economics/312275/cimbt-expands-intra-asean-atm-service