News

Striving to save the forest, Prey Long villagers launch patrols

For the several hundred villagers who have been camping and patrolling in a remote part of the jungle in northern Kompong Thom for several days as part of their campaign to save Prey Long forest, the strain is starting to show. Human rights workers say that ...

Weak spots seen in Kingdom trade

While the World Trade Organisation yesterday lauded Cambodia’s economic achievements since joining in 2004, officials pointed to the lack of much-needed financing for the Kingdom’s burgeoning trade sector. Cambodia lacks the capacity to finance the manufacturing and agriculture exports that would allow the country’s industries to ...

http://www.phnompenhpost.com/index.php/2011110852601/Business/weak-spots-seen-in-kingdom-trade.html

Rural areas plagued by shortage of toilets

The Ministry of Rural Development yesterday called for increased investment to expand access to sanitation facilities in rural Cambodia as well as more awareness about the link between low rates of access to toilets and high rates of communicable disease. Cambodia ranked at the bottom of ...

http://www.phnompenhpost.com/index.php/2011110852606/National-news/rural-areas-plagued-by-shortage-of-toilets.html

Villagers campaigning to save forest harassed, NGO says

As hundreds of villagers belonging to the Prey Long People’s Network began a week-long campaign to save Prey Long forest, Kompong Thom province military police intervened Sunday and prevented a group of about 80 villagers from joining the campaign, an environmental activist said yesterday. Chut Wutty, ...

Ban on Filipino migrant workers suspended

The Philippine government on October 28 issued a ban on its country’s citizens working in Cambodia only to suspend the ban a week later after Filipinos employed here complained, Philippine Ambassador Noe Wong said yesterday. Cambodia was listed by the Philippines Overseas Employment Administration (POEA) as ...

UAE considering Kingdom's rice

Cambodia plans to expand its exports of milled rice and other agricultural products to the United Arab Emirates, Minister of Commerce Cham Prasidh said yesterday. The UAE seeks a replacement for the milled rice it would otherwise import from Thailand, where the worst flooding in decades ...

http://www.phnompenhpost.com

Tourism will drive food service sector growth zzz

Cambodia will require an additional 1,000 restaurants by 2020 to service the Kingdom’s growing tourism sector, Ministry of Tourism officials say. By 2020, seven million international visitors, and as many as 10 million domestic tourists, were expected to visit the country’s tourist destinations each year, Tith ...

http://www.phnompenhpost.com

Insurers hit with few flood claims

The number of flood-related insurance claims has been fewer than expected despite the Kingdom’s worst flooding in a decade, industry insiders say. Although the floods, which began in late August, had affected large sections of the country, few claims had been made, Infinity Insurance chief executive ...

http://www.phnompenhpost.com

Ministry suspends verdict

The Ministry of Justice has ordered authorities in Preah Sihanouk province to suspend enforcement of a Supreme Court verdict issued in connection with a land dispute between 70 families and an official from the Sihanoukville Autonomous Port. On October 28, the Supreme Court granted a land ...

http://www.phnompenhpost.com

Villagers campaign in Kompong Thom to protect Prey Long Forest

Hundreds of villagers living around Prey Long forest have begun a weeklong campaign in the north of Kompong Thom province to protect Prey Long, one of Cambodia’s largest remaining primary forests, the Prey Long People’s Network said yesterday The group of villagers planned to protest later ...

Koh Kong's first garment factory to launch next April

The first garment factory in Koh Kong province is slated to open in April of next year in what insiders say is a harbinger of manufacturing along the Thai border. Thai-owned KKN Apparel had signed a contract with the Koh Kong Special Economic Zone to launch ...

http://www.phnompenhpost.com

State borrowing may spike

Cambodia’s draft budget law for 2012 will seek to increase concessional borrowing by about 75 per cent compared to 2011, according to a copy of the draft obtained by the Post. A lack of aid commitment may have led to the increase in proposed borrowing, experts ...

http://www.phnompenhpost.com

Villagers protest at eviction attempt

About 400 villagers in Kampong Cham province’s Stung Trang district began protesting yesterday after workers from a private company attempted to clear their houses with excavators, villagers said yesterday. Residents told the Post that Long Sreng International Co Ltd had not received a government land concession ...

http://www.phnompenhpost.com/

No transparency provisions in draft oil law

After years in the drafting process, a copy of Cambodia’s much-anticipated draft petroleum law obtained this week shows that there are still no provisions governing the public disclosure of payments made to the government by gas and oil companies. Dated February 2010, the draft could still ...

Government officials at odds over debt levels

Government officials are at odds over how much Cambodia’s national debt amounts to. On Wednesday, Prime Minister Hun Sen said Cambodia’s debt stands at just $2 billion, contradicting information provided by CPP lawmaker Cheam Yeap last week that the number is actually $7 billion, or 63 ...

Tourist arrivals grow 15% in first nine months

Visitor arrivals to Cambodia saw a year-on-year increase of 15 percent in the first nine months of 2011, reaching more than 2 million people, according to new figures released by the Tourism Ministry yesterday. The figures showed that, from January to September, arrivals by air increased ...

Three special economic zones gaining steam

Five years after the government established the country’s special economic zones (SEZs), the Phnom Penh SEZ, Sihanoukville II SEZ, and Manhattan SEZ in Svay Rieng province are at last starting to attract more business. According to data from the Council for the Development of Cambodia (CDC), ...

Dene-Hern Chen, p.25

Beverage firms, telcos lift revenues

Advertising companies generated $73.6 million in revenue during the first nine months of the year, a 28 percent increase compared to the same period in 2010, according to data released by marketing research firm Indochina Research. Beverage and telecommunication companies led the way, spending $12.75 million ...

Cambodia's top investor sits at bottom of bribery list

For the fifth time in a row, Cambodia’s top investment partner, China, has been ranked among the most likely to pay bribes, according to an international corruption perception report published yesterday. Transparency International’s Bribe Payer’s Index classed China as second-to-last among 28 of the world’s biggest ...

Subpar sanitation, high food prices curbing growth, UN says

Economic growth in Cambodia is being hampered by poor sanitation and hygiene, and rising food prices are leaving people struggling to afford basic produce for a balanced diet, according to a report released yesterday by the UN Development Program (UNDP). The UNDP’s 2011 Human Development Report ...

South Korean manufacturers eye Cambodia

South Korean investors were in Phnom Penh yesterday seeking opportunities in electronics manufacturing, an industry that experts have said could represent the next stage of growth for Cambodia’s economy. Eleven delegates from Changwon City, South Korea, a manufacturing hub in the country, met with 70 local ...

http://www.phnompenhpost.com/index.php/2011110352506/Business/south-korean-manufacturers-eye-cambodia.html

PPAP shipping numbers up

Freight shipments through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased more than 30 per cent year-on-year through October, according to official figures ...

http://www.phnompenhpost.com/index.php/2011110352507/Business/ppap-shipping-numbers-up.html

Regulator sees growth

Camcontrol revenues for the first nine months of the year hit US$7.9 million, surpassing the Ministry of Economy and Finance’s revenue goal of $6 million for the year. Kong Putheara, director of the Ministry of Commerce’s statistics department, this week said the unexpected growth came from ...

http://www.phnompenhpost.com/index.php/2011110352505/Business/regulator-sees-growth.html

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