News
Businesswoman calls on government to return land
High-profile Phnom Penh businesswoman Chhin Sokountheary has called on Prime Minister Hun Sen to return 33 hectares of prime land in Phnom Penh’s Sen Sok district to her company, which lost the rights to it when the government claimed the land in July. Sokountheary said she ...
Casino workers have win, but fight goes on
Threats of strike from about 500 employees of the Tropicana Casino in Poipet were quieted yesterday as workers secured a small victory after management agreed to improve worker conditions and enter talks over their sacked union leader. Morm Rithy, president of union Cambodian Tourism and Service ...
Cambodia's Trade Grows By 15 Percent
Cambodia’s total trade volume grew 15.41 percent to reach$7.46 billion in the first seven months compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Revenues earned through exports reached $2.9 billion, an increase of 11.82 percent compared to ...
Food Prices Remain High
Global food prices remained high in August according to the UN’s Food and Agriculture Organisation (FAO) food price index, maintaining the high level achieved last month as corn prices jumped in the US and rice prices increased in Cambodia. With 213 points in August the food ...
http://www.phnompenhpost.com/index.php/2012091158634/Business/food-prices-remain-high.html
Land Rights Talks Held With Japanese Envoy
Japanese Ambassador Kuroki Masafumi met with human rights workers on Friday to discuss land rights in Cambodia, particularly implementation of the law and the use of force in evictions, two of the participants at the meeting said. Adhoc President Thun Saray, Licadho President Pung Chhiv Kek and ...
Villain or victim? Protesters divided over Bopha
Imprisoned Yorm Bopha has either been unjustly targeted for her role in Boeung Kak lake eviction protests or is responsible for the vicious beating of two motodops, depending on which protesters’ chants were true yesterday. It was land evictees versus motodops in the capital as two ...
Police Block Boen Kak Anti-Eviction Protesters
Police in Phnom Penh blocked all attempts by anti-eviction protesters to march out of the city’s Boeng Kak community yesterday, but made no attempt to stop a counter-demonstration against the marchers by a little-known association of tuk-tuk and motorcycle-taxi drivers. About 150 residents of the Boeng ...
ASEAN senior officials meet ahead of 30th ASEAN Ministers on Energy Meeting
ASEAN senior officials on energy gathered here on Monday to discuss and prepare documents for the 30th ASEAN Ministers on Energy Meeting and related meetings to be held on Sept. 12. The two-day preparatory meeting, under the theme “ASEAN Green Connectivity”, was chaired by Tun ...
http://news.xinhuanet.com/english/world/2012-09/10/c_131841006.htm
Investment in Cambodia's construction up 85 pct in 7 months
Construction sector had attracted the investment of $1.38 billion in the first seven months of 2012, a 85 percent rise from $747 million at the same period last year, a report from the ministry of land management, urban planning and construction showed on Monday. During the ...
Sri Lanka’s Touchwood acquires land in Cambodia to set up an agricultural project
Sri Lanka’s Touchwood Investments PLC has acquired 11,138 hectares of land in Cambodia to set up an agricultural project to plant rubber and other crops. Chairman of the firm, Roscoe A. Maloney, says the acquisition done in the previous financial year is aimed at exploring the ...
Dams, climate plague Mekong
Villagers in Kratie province have long feared the proposed Sambor hydroelectric dam and the impact it could have on their subsistence fishing and riverbank agriculture. According to Resilience on the Mekong: A Vulnerability and Adaptation Assessment in North-East Cambodia, a report released by the World Wildlife ...
http://www.eco-business.com/news/dams-climate-plague-mekong/
SCG vows Asean coverage
Siam Cement Group (SCG), the country’s top industrial conglomerate, says its logistics unit will cover Asean and southern China within five years, partly through mergers and acquisitions. Kan Trakulhoon, the president and chief executive, said the expansion will accommodate growing regional trade under the Asean Economic ...
http://www.bangkokpost.com/business/economics/308580/scg-vows-asean-coverage
Road-Rage Case Latest Gun Play by the Powerful
Road rage was the likely motive of the driver of a luxury suburban utility vehicle (SUV) who opened fire on the driver of another SUV Friday afternoon in Phnom Penh in what appears to be the latest incidence of random gun violence involving the country’s ...
KFC In Cambodia Takes Hit as Losses Continue
Fast food chain KFC lost more than half-a-million dollars in the first half of 2012, according to a statement to the Malaysian stock exchange last week by the majority owner of KFC Cambodia, QSR Brands. The statement said that the company suffered losses of $578,000 in ...
Cambodia, Dubai Sign Deal to Start Direct Flights
Cambodia and the United Arab Emirates signed a memorandum of understanding to establish direct flights between the two countries, said Tith Chantha, director general of Tourism Ministry. Tourism Minister Thong Khon inked the deal to establish flights from Dubai to an unspecified destination in Cambodia during ...
Angkor sees gold in Liberty
Angkor Gold Corp has acquired a new economic land concession as it gains full control of its other concessions with the purchase of another mining company, according to officials. According to a statement released last week, Angkor Gold has purchased Liberty Mining International Pty Ltd (Liberty), ...
http://www.phnompenhpost.com/index.php/2012091058590/Business/angkor-sees-gold-in-liberty.html
Hundreds of illegal migrants return
Nearly 450 Cambodians who were illegally working in Thailand were repatriated across the Battambang province border on Saturday in one of the largest one-day operations along that border, officials said yesterday. Thai authorities had rounded up the 447 workers, who were busted without the required paperwork, ...
Innovation and inspiration are the basis of BarCamp
BarCamp Phnom Penh, a technology conference at the University of Puthisastra, promises to attract industry professionals from ASEAN countries, the US, Germany and other countries around the world later this month, Be Chantra, lead organiser of the conference, says. Be Chantra says BarCamp Phnom Penh is ...
Fellow villagers pray for land rights activists
Borei Keila protesters, including many who live in squalor under staircases at the site, have already been compensated for losing their homes and have no right to demand more, Suy Sophan, the owner of developer Phan Imex, told the Post yesterday. About 200 supporters from the ...
250 Evacuated From Homes In Preah Vihear Due to Flood
More than 250 families in Preah Vihear province’s Preah Vihear City were evacuated from their homes yesterday and moved to higher ground due to flooding caused by persistent heavy rains that started last week, the provincial governor said. Preah Vihear Governor Oum Mara siad that the ...
Consumer price index climbs on food and fuel
Cambodia’s consumer price index (CPI) increased slightly year-on-year in July by 1.3 per cent, which was driven by increased food and fuel prices, according official data from the National Institute of Statistics (NIS). “The increase for all index groups was 1.3 per cent of inflation in July 2012 ...
Boeng Kak Arrest Not Linked to Evictions, Says Local Man
The Phnom Penh man who filed a complaint against a woman deeply involved in the Boeng Kak community’s anti-eviction protests called a press conference on Friday to insist that his dispute with the woman, which led to her arrest last week, was a personal matter ...
Pharmaceutical plant announces expansion
PharmaProduct Manufacturing, Cambodia’s self-described first pharmaceutical plant, announced last week plans to expand into other ASEAN markets once the ASEAN Community frame-work is adopted in 2015. According to its online materials, the producer of the painkiller KINAL – among other medicines – opened its doors in 1996, and has ...
PM Adviser given extra title at financial ministry
Prime Minister Hun Sen has appointed his personal adviser Kong Vibol as director general of the General Department of Taxation at the Ministry of Economics and Finance, according to the Royal Book entry of August 22. In addition to his expertise in taxation, Vibol is also ...