News

Group urges regional bank to press government on NGO law

A group of international NGOs urged the Asian Development Bank (ADB) yesterday to press the government on abandoning its plans for a law regulating the country’s non-governmental groups despite a recent pledge to drop its most controversial provision. “The ADB should convince the Cambodian authorities to ...

Land dispute villagers seek foreign aid

A group of about 100 villagers who have been embroiled in a long-running land dispute in Kandal province’s Kandal Stung and Takhmau districts gathered in Phnom Penh yesterday to file a petition with foreign donors seeking help in resolving the dispute. The villagers – part of ...

SMEs not yet ready for CSX

Small and medium-sized enterprises, which are expected to play a key role in the Kingdom’s emergent stock market, are far from ready to list, insiders say. Most important, many SMEs lack the standardisations and controls required of publicly traded companies by the Securities and Exchange Commission ...

http://www.phnompenhpost.com/index.php/2011112152859/Business/smes-not-yet-ready-for-csx.html

Toilet drive aimed at reducing disease, death

Nearly 10 million Cambodians and 2.6 billion people worldwide do not have access to a toilet on a daily basis, a World Toilet Organisation official said on Saturday. Sum Sokun, program manager for the WTO, gathered to celebrate World Toilet Day with villagers in the Ponhea ...

http://www.phnompenhpost.com/index.php/2011112152866/National-news/toilet-drive-aimed-at-reducing-disease-death.html

Floods abate, but villagers still isolated

Although floodwaters are receding, an unknown number of villages in several provinces remain accessible only by boat, and the extent of the damage has yet to be fully assessed, according to aid workers and the latest “situation update” from the United Nations Disaster Management Team. “In ...

http://www.phnompenhpost.com/index.php/2011112152867/National-news/floods-abate-but-villagers-still-isolated.html

Chinese firm to build $500m steel plant in Preah Vihear

China’s Guangxi Nonferrous Metal Group announced on Friday that it is planning to invest $500 million to build a steel plant and industrial zone in Preah Vihear province’s Rovieng district, according to Chinese media reports ...

Man guarding land crushed by bulldozer

A 54-year-old man in Kratie province’s Snuol district was crushed to death under trees felled on Tuesday morning by bulldozers belonging to Vietnamese rubber company Dy Nam, an official said. District governor Iv Saphum said that Khem Kan, a representative of 77 families involved in a ...

Boeng Kak residents stand firm, continue protests

For the third time this week, Boeng Kak residents protested on Friday over claims that their land rights have been violated. More than 50 residents gathered outside the Srah Chak commune office to complain that a sub-decree issued by Prime Minister Hun Sen in August, ...

Rebuilding underway as floods recede

All families evacuated during the worst floods Cambodia has seen in more than a decade have now returned home, the floodwaters have receded and relief efforts are coming to a close, officials said yesterday. Two hundred and fifty people, at least half of them children, died ...

Milled rice exports climb, prices soar

Cambodia’s milled rice exports increased by more than seven per cent year-on-year during the first 10 months of 2011, while international demand for the grain drove up rice prices by nearly 200 per cent, commerce officials said. The Kingdom exported more than 136,000 tonnes of milled ...

http://www.phnompenhpost.com/index.php/2011111852818/Business/milled-rice-exports-climb-prices-soar.html

Royal Group linked to new $2.2bn firm

A fertiliser company that has been approved to do billions of dollars’ worth of business in Cambodia, and is presumed to be based in the United Kingdom, is in fact affiliated with domestic conglomerate Royal Group, an insider has confirmed. Nitrogen Chemicals and Fertiliser (Cambodia) Ltd ...

http://www.phnompenhpost.com/index.php/2011111852823/Business/royal-group-linked-to-new-22bn-firm.html

Villagers protest for more flats

More than 100 Borei Keila villagers took to the streets yesterday to demand that Phanimex Company owner Suy Sophan honour a contract signed in 2003 that promised housing for 1,776 families in exchange for land. The protesters, holding banners, statues of the spirit and a pig’s ...

http://www.phnompenhpost.com/index.php/2011111852821/National-news/villagers-protest-for-more-flats.html

'Huge changes' made to new draft union law

A new draft of the trade-union law included “huge changes” that removed all major controversial aspects of the legislation, including criminal sanctions, a union advocate said yesterday. Dave Welsh, country director for the American Centre for International Labour Solidarity, said the Ministry of Labour was to ...

http://www.phnompenhpost.com/index.php/2011111852831/National-news/huge-changes-made-to-new-draft-union-law.html

Criminal gang targeting ATMs in Cambodia

A group of highly organized criminals have been installing devices into ATMs around Cambodia capable of copying card details and stealing thousands of dollars of cash from customer bank accounts. Canadia Bank and ANZ are among the banks that have been targeted by the gang, who ...

Men who escaped Thai trawlers to be repatriated

The Ministry of Foreign Affairs yesterday said it was cooperating with the International Organization for Migration (IOM) to repatriate 30 men – part of a group of 65 Cambodians who are in Indonesia after enduring months of abuse and exploitation while working aboard Thai fishing ...

Airport expansion key to Kingdom tourism

The Kingdom needs US$270 million to expand its three airports if the country is to meet its growing demand as a tourist destination, Cambodia Airport CEO Emmanuel Menanteau said yesterday. The total number of visitors passing through the Kingdom’s airports will approximately double every 10 years, ...

http://www.phnompenhpost.com/index.php/2011111752799/Business/airport-expansion-key-to-kingdom-tourism.html

Manulife to launch operations in Kingdom

Canadian firm Manulife Financial plans to set up one of Cambodia’s first life-insurance operations, the company said yesterday. The Ministry of Economy and Finance had approved “in principle” the investment, which a spokesperson from the company said would be at least US$7 million ...

http://www.phnompenhpost.com/index.php/2011111752800/Business/manulife-to-launch-operations-in-kingdom.html

Refresh Mobile buys WING

Refresh Mobile yesterday announced the purchase of mobile banking outfit WING from Australia’s ANZ, although the amount of the deal was not released. WING will join Refresh’s stable of electronic payment and cell phone top-up services, in addition to soon offering overseas mobile remittance capabilities, Refresh ...

http://www.phnompenhpost.com/index.php/2011111752801/Business/refresh-mobile-buys-wing.html

Land titles sought in Kompong Thom

The Kampong Thom provincial governor issued a letter on Tuesday to villagers living in Santuk district, ordering them to provide documentation confirming their ownership of land they reportedly “purchased” from brokers after it had already been assigned to relocated families, officials said yesterday. Deputy district governor ...

http://www.phnompenhpost.com/index.php/2011111752803/National-news/land-titles-sought-in-kampong-thom.html

Ex-railway workers fear pay has left station

Representatives of 503 former railway workers protested outside the Ministry of Transportation in Phnom Penh yesterday, demanding the government pay them outstanding salaries ranging from US$2,500 to $5,000 per person. Railway workers from Battambang, Kampot, Pursat and Takeo who were formerly employed by the government, but ...

http://www.phnompenhpost.com/index.php/2011111752807/National-news/ex-rail-workers-fear-pay-has-left-station.html

Closure of illegal fishing lots boosts catch

An official with the Fisheries Administration predicted yesterday that the annual fish catch would increase this year by about 20 percent over last year, saying that recent efforts to reduce illegal fishing practices around the Tonle Sap lake had contributed to the jump ...

Sihanoukville Port uncompetitive ahead of listing

Just months before Sihanoukville Autonomous Port is supposed to list on the Cambodia Securities Exchange, officials said yesterday that the state-owned enterprise is still more expensive and slower at processing goods than other ports in the region. An investor said that the problems confronting the port ...

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