News

Caution: Children at work

Labour legislation in Cambodia is so weak and so often ignored that half the Kingdom’s children between the ages of seven and 14 participate in the workforce, the world’s largest federation of unions has told the World Trade Organisation General Council in Geneva. Children, women and ...

http://www.phnompenhpost.com/index.php/2011110252486/National-news/caution-children-at-work.html

Food security in focus as floods recede

The government had set aside 3,000 tonnes of rice seeds to distribute to farmers whose crops were destroyed by flooding and had so far distributed 1,900 tonnes of rice to those affected by the floods in 18 provinces, the National Committee for Disaster Management said ...

http://www.phnompenhpost.com/index.php/2011110252479/National-news/food-security-in-focus-as-floods-recede.html

Mega-projects lead to big growth in approved investments

Approved investments in Cambodia reached $5.6 billion during the first nine months of the year, a 305 percent increase compared to the same period the year before, according to data from the Council of the Development of Cambodia (CDC). Last year’s approved investments during the same ...

Borei Keila residents start fire, stone district office

About 200 residents of Phnom Penh’s Borei Keila community burned tires and threw rocks at the Prampi Makara district office yesterday, demanding that the district governor solve a long-running housing dispute between them and powerful construction firm Phanimex, which they say has failed to abide ...

US, Cambodia to sign off on $20m in aid projects

The US is scheduled today to sign off on another $20 million in funding for aid projects in Cambodia, according to a US Embassy statement issued yesterday. One project will “strengthen the ability of civil society, the private sector, and the government to address food security ...

Raped maids sent back to labor agencies

The Cambodian Embassy in Malaysia returned abused Cambodian maids, including women who were raped by their employers, to work at maid recruitment agencies in that country, a new report by Human Rights Watch claims. The New York-based rights group also said Cambodian police colluded with labor ...

Construction spend nears $1bn

The total value of approved construction projects in the Kingdom soared 97 per cent year-on-year through September, according to official figures, reaching nearly US$1 billion. The number of projects fell to 1,689 for the first nine months of 2011, down from 1,718 in the same period ...

http://www.phnompenhpost.com/index.php/2011110152452/Business/construction-spend-nears-1bn.html

Fund raising: Kingdom may borrow more in 2012

Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...

http://www.phnompenhpost.com/index.php/2011110152450/Business/fund-raising-kingdom-may-borrow-more-in-2012.html

Spirited reopening for Anful

Workers at a garment factory that was temporarily shut after more than 200 women collapsed in two mass fainting incidents last week gathered yesterday at the facility in Kampong Speu province for a Buddhist ceremony intended to rid the factory of evil spirits. Pheng Songoun, a ...

http://www.phnompenhpost.com/index.php/2011110152461/National-news/spirited-reopening-for-anful.html

S&P downgrades Acleda, keeps outlook stable

Hours after downgrading Cambodia’s long-term sovereign credit rating, ratings agency Standard & Poor’s said it had also decided to lower the credit rating for Acleda Bank to B from B+, though it maintained its outlook for the bank as stable. The decision follows a similar decision ...

With broad mandate, group to represent migrant workers

As reports continue to flood in detailing rampant abuse of Cambodian migrant workers abroad, the Cambodian Migrant Workers’ Association (CMWA) said it would be registering with the Ministry of Interior today as the country’s first migrant workers representative organisation, according to its director. “The idea is ...

Talks yet to begin with Malaysia on maid ban

More than two weeks after a ban on sending maids to Malaysia began, work on a bilateral agreement that would protect Cambodian maids working in Malaysia has not begun, officials said yesterday. Ho Vuthy, deputy director general at the Ministry of Labor’s department of labor, said ...

Land dispute victims to protest crackdown

More than 2,700 families embroiled in 11 separate long-running land disputes in Kandal province are planning to hold a mass protest to draw attention to the continuing arrests and detention of villagers by the provincial court, villagers said yesterday According to Adhoc’s records, Kandal Provincial Court ...

S&P downgrades national sovereign debt rating

Ratings agency Standard & Poor’s yesterday lowered Cambodia’s long-term sovereign credit rating by one notch to B due to the country’s continued inability to diversify its economy and increase government spending. The decision by Standard & Poor’s comes after the agency said in September that constraints ...

New flights to Myanmar after delay

Myanmar Airways International (MAI) is slated for a November 2 launch of bi-weekly flights between Phnom Penh and Myanmar’s economic hub and former capital, Yangon, Cambodian Aviation officials said yesterday. The flights – on 162-seat A320 jets – will transfer in Siem Reap before continuing on ...

New carriers to service Kingdom

Two new Asian airlines will begin regular flights to Cambodia this winter in an airlines sector increasingly dominated by regional passengers, a Cambodia Airports official said on Friday. Tiger Airways, a Singapore-based airline, will operate daily A320 flights between Singapore and Phnom Penh and Singapore and ...

http://www.phnompenhpost.com/

Villagers block national road

Nearly 100 residents from about 50 families in Sihanoukville town’s commune 1 blocked National Road 4 yesterday to protest against a Supreme Court verdict ordering their eviction on Friday in favour of a local official   ...

http://www.phnompenhpost.com/

Insurance firms at loss through first three quarters

Insurance companies have operated at a loss through the first nine months of the year, paying out a total of $32.5 million over $20.4 million in generated revenues, according to data released by the Cambodian Reinsurance Company on Friday. Ty Atith, a senior underwriter at the ...

Two maids allegedly suffered abuse in Malaysia

Two new claims of abuse of Cambodian maids employed in Malaysia have emerged since Friday, including one case of a woman who returned home with severe mental trauma following alleged mistreatment by her Malaysian employer, the victims’ families said. Iy Thar, a villager from Kompong Thom ...

44 staff members for national arbitration center selected

After years of trying to find suitable staff, the Ministry of Commerce on Friday released a list of 44 arbitrators who will be in charge of running the National Arbitration Center (NAC), a body designed to offer businesses a commercial dispute mechanism alternative to Cambodia’s ...

Crocodile prices down, breeders blame floods

Cambodian crocodile farmers have blamed the falling price of the reptile on flooding, which they say has turned away Thai and Vietnamese buyers – the market’s cornerstone. Prices for young crocodiles have dropped 25 per cent since August, Kandal breeder Kaing Sarin said. His reptiles fetched ...

http://www.phnompenhpost.com/index.php/2011102852397/Business/crocodile-prices-down-breeders-blame-floods.html

Vietnam trade passes $2bn

Trade between Cambodia and Vietnam surpassed a US$2 billion trade target for 2011 in just the first nine months of the year, according to the Vietnam Trade Office in Phnom Penh. Trade between the two countries hit the higher-than-projected $2.07 billion in September, up from about ...

http://www.phnompenhpost.com/index.php/2011102852398/Business/vietnam-trade-passes-2bn.html

Wildlife sanctuary shrinks again

The Royal Cambodian Government has given another slice of the Boeung Per Wildlife Sanctuary to the agro-industry. A report in the Royal book released on October 12 states that 1,410 hectares had been granted to two unidentified private businesses for development, particularly the planting of rubber ...

http://www.phnompenhpost.com/index.php/2011102852407/National-news/wildlife-sanctuary-shrinks-again.html

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