News

Riel sees stable gains on dollar this year

A steady rise in the value of Cambodia’s riel since the beginning of the year demonstrated increased confidence in the currency often shadowed by predominant usage of the US dollar, officials said yesterday. “The consequent rising value of riel proves there is more confidence in ...

http://www.phnompenhpost.com/index.php/2012030854928/Business/riel-sees-stable-gains-on-dollar-this-year.html

Appeal Court Upholds Guilty Verdict in Land Dispute

The Appeal Court on Tuesday upheld its own previous guilty verdict against a farmer from Kompong Chhnang province for defaming KDC, the agri-business firm owned by Chea Kheng, the wife of Industry, Mines and Energy Minister Suy Sem. Pheng Rom is a member of one ...

Farmers with HIV/AIDS Gain Confidence, Skills With Program

Leng Sopheap used to wake up before the crack of dawn and walk with crates of vegetables from her farm to the nearby market underneath a blanket so her neighbors wouldn’t know they were buying produce from someone infected with HIV/AIDS. Not long after her ...

Increasing prices drive Kingdom’s rubber

Rubber production in early 2012 increased 21 per cent when compared to the end of 2011, according to Mak Kim Hong, president of the Cambodian Rubber Association. He said yesterday that the price of one tonne of good-quality rubber rose to US$3,800 in early 2012, ...

http://www.phnompenhpost.com/index.php/2012030854927/Business/increasing-prices-drive-kingdoms-rubber.html

Police Detain Three Mobile Phone Promoters

Enforcing a new ban against hanging posters and distributing promotional leaflets in Phnom Penh, police detained three Smart Mobile promoters while they were distributing flyers ahead of a music concert Tuesday, a company representative said. Boeng Trabek commune police chief Nheng Samoeun said that he ...

Cambodian PM Removes City Governor For Shooting Allegation

The Governor of Bavet city Chhouk Bundit, who is suspected of being involved in shooting three garment workers last month, was removed from his position to make way for the court to look into the case. “Prime Minister Hun Sen signed a letter on Monday to ...

http://www.bernama.com/bernama/v6/newsworld.php?id=650782

ASEAN plans to adopt an 'ASEAN bank' system

Central banks in the Association of Southeast Asian Nations plan to set up an “ASEAN bank” system that would make it easier for designated banks to set up subsidiaries and operate throughout the region, according to official sources. The plan to set up ASEAN banks is ...

http://mdn.mainichi.jp/mdnnews/business/news/20120307p2g00m0bu116000c.html

Water Protests Continue After Failed Talks

Protests continued in Prey Veng City yesterday for the second day as more than 1000 residents demonstrated in front of the provincial offices over increases to water prices instituted by a private company that recently took over the city’s water supply, residents said. The Kim ...

Lower Sesan 2 Dam Would be 'Catastrophic'

Hydropower dams planned for the tributaries of the Mekong River, particularly the Lower Sesan 2, will have a “catastrophic” impact on fish stocks throughout the country, according to new research that calls for several planned dams to be reconsidered. Authored by an international group of ...

Borei Keila Residents File Criminal Suit Against Phanimex

One hundred and twenty families evicted from the Borei Keila community filed a criminal lawsuit with the Phnom Penh Municipal Court yesterday against Phanimex, the company that ordered the demolition of their homes, seeking a total of $360,000 in damages, residents said. Former resident In ...

China Looks to Increase Media Presence

The Chinese Information Minister met Deputy Prime Minister Sok An on Sunday to discuss introducing more of a Chinese perspective to the media in Cambodia. The two men also agreed to send a delegation from the Council of Ministers Press and Quick Reaction Unit (PQRU) ...

Jailed Fishermen Released After Hun Sen Order

Within days of Prime Minister Hun Sen’s announced amnesty for those detained and jailed for fisheries crimes, the Ministry of Justice responded and has already freed dozens of suspects from provincial prisons around the country, judicial officials said yesterday. Independent analysts, however, said the order ...

Union leader hits back at allegations

Free Trade Union president Chea Mony yesterday rejected a charge in court that he and two other FTU members incited workers to damage property during a mass strike last year at the M&V garment factory. During nearly two hours of questioning at the Kampong Chhnang provincial ...

http://www.phnompenhpost.com/index.php/2012030754897/National-news/union-leader-hits-back-at-allegations.html

Building’s owner unknown

Amid safety fears in the construction industry, authorities yesterday refused to reveal the owner of a brand-new industrial building that crashed to the ground in Phnom Penh on Sunday, just days before hundreds were to have set foot in it. Sen Sok district governor Khoun Sreng ...

http://www.phnompenhpost.com/index.php/2012030754899/National-news/buildings-owner-unknown.html

More than 40 faint as firm denies exit

More than 40 workers had fainted at a garment factory yesterday after officials prevented them leaving the building when four of their co-workers collapsed, a labour department official said. The mass fainting occurred at the Nanguo Garment Co Ltd factory in Preah Sihanouk province’s Prey Nub ...

http://www.phnompenhpost.com/index.php/2012030754901/National-news/more-than-40-faint-as-firm-denies-exit.html

Borei Keila residents herald pledge of aid

Borei Keila evictees who have been sleeping in stairwells near where their houses once stood said yesterday the Phnom Penh municipal authority had promised to help them find homes. Ka Rohanny, 35, a representative of the evicted residents, told the Post Kiet Chhe, deputy administrative president ...

http://www.phnompenhpost.com/index.php/2012030754903/National-news/borei-keila-residents-herald-pledge-of-aid.html

Last of Boeung Kak Land Titles Handed Out, but Dispute Lingers

When Chhin Theang picked up the long-awaited title to her Boeung Kak home during a low-key ceremony at the Daun Penh district office on Monday, the moment was bittersweet. “We always had hope because we protested. We had to get land titles,” Ms. Theang said ...

Japanese Ambassador Airs Concerns Over SEZ Shooting

Japanese Ambassador Masafumi Kuroki yesterday said he hoped the government arrests the gunman behind the Feb. 20 triple shooting of protesting workers in Svay Rieng province, and that safety must be ensured for investors in the special economic zone (SEZ) where the incident took place. ...

Riverbank Collapse Prompts Dredging Complaint

More than 300 Kandal province villagers have filed a complaint with Sa’ang district officials over sand dredging along the Bassac river after riverbanks in their village collapsed, district governor Khim Chankiri said yesterday. Mr. Chankiri said, however, that the sand dredging operation along the Bassac ...

Gender gap in dispute

Cambodian women have less chance of being promoted to positions of power than women in any other East Asian country, a report by the NGO Social Watch International has found. But government officials have rejected the findings and maintained the number of females in Cambodia’s ...

http://www.phnompenhpost.com/index.php/2012030754905/National-news/gender-gap-in-dispute.html

Cambodia’s top micro manager [Interview]

How did the floods affect the industry late last year? Of course, we were worried when the floods began because many people were affected. When the floods continued, we did a survey and found that just about 10 per cent of MFI borrowers were affected. But ...

http://www.phnompenhpost.com/index.php/2012030754891/Business/cambodias-top-micro-manager.html

National products chase GI recognition

A lack of funds would prevent Cambodia registering some of the country’s specialty products as geographic indications (GI), a form of international recognition that has boosted the sales of other domestic products such as Kampong Speu palm sugar. The government would like to see Siem Reap ...

http://www.phnompenhpost.com/index.php/2012030754890/Business/national-products-chase-gi-recognition.html

Outrage over water prices

More than 1,000 villagers in Prey Veng province’s Prey Veng town blocked traffic on national road 11 outside the office of the Cambodian People’s Party yesterday to demand the price of water be lowered from 1,800 riels per cubic metre to 1,200 riels. The protesters, who ...

http://www.phnompenhpost.com/index.php/2012030654881/National-news/outrage-over-water-prices.html

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