The Phnom Penh Post
Agriculture needs more loans, irrigation systems, experts say
Accessing low-interest loans for rice cultivation is a challenge because the industry in Cambodia is dependant upon rainfall and not irrigation and is thus more risky, experts said last week. In a meeting on the private sector development in the rice sector, Lim Heng, vice president ...
Cambodia exports to Thailand rise as nations improve economic ties
Cambodia’s total exports to Thailand sharply increased in the first quarter of the year, according to official data from Ministry of Commerce received by the Post last week. Officials said the rise is the result of efforts by both countries to improve trade facilitation and economic ...
Trade Deal Threat Still On Table
The European union’s executive arm has responded to its parliamentarians’ concerns over rights abuses stemming from Cambodia’s economic land concessions, maintaining that, should the need arise, it “will be ready” to withdraw from its preferential trade agreements with the Kingdom. In a joint letter to concerned ...
http://www.phnompenhpost.com/2013052065716/National/trade-deal-threat-still-on-table.html
Pheapimex Opponent Arrested
A well-known community representative who has long battled alleged land-grabbing by economic land concessionaire Pheapimex Group was arrested on fraud accusations and jailed in Pursat province’s Krakor district yesterday.Fellow community representative Lun Sivy, 42, said Kuch Veng, a member of the Cambodian Peace Network, was ...
Mom Kunthear
http://www.phnompenhpost.com/2013052065715/National/pheapimex-opponent-arrested.html
Ethnic villagers, firm battle over Ratanakkiri plot
A local official and four ethnic minority Tompuon villagers appeared in a Ratanakkiri court on Friday to face accusations of land-grabbing and protesting against a private company that purchased their land in 2007, authorities said yesterday. Rocham Pheun, an assistant to the chief of Keh Chung ...
Court takes another crack at Bandith case
Unions representing more than 15,000 members have called for justice for three women ahead of round two of legal action against their alleged shooter, deposed Bavet town governor Chhouk Bandith. Bandith, who is accused of shooting the three workers during a protest at a factory in ...
http://www.phnompenhpost.com/2013052065718/National/court-takes-another-crack-at-bandith-case.html
Instalment payments for goods gaining purchase
AEON Microfinance (Cambodia) Co, part of Japan-based AEON Group, said sales by instalment for electrical appliances and motorbikes increased by 715 per cent in the first quarter of 2013 year on year, a trend industry experts say will grow further with increasing demand for electronics. Started ...
MIME launches business award
The government wants to play a bigger role in helping local businesses remain competitive and, to this end, the Ministry of Industry, Mines and Energy (MIME) has launched a new award to recognise companies that have achieved high produc-tivity standards. Ten companies will be awarded in ...
http://phnompenhpost.com/2013051765677/Business/mime-launches-business-award.html
Japan signs a $90m loan deal to improve highway
After reaching agreement late last month, the contract for a $90 million concession loan from Japan to Cambodia was officially signed in Phnom Penh yesterday to improve 83.5 kilometres of National Road 5. The construction is scheduled to start in June 2015 and will be ...
Australia Ups Aid Funding
Australia announced yesterday that it will increase the amount of aid it provides Cambodia by about US$13 million (A$13.2 million) in the coming year, putting the country’s official development assistance at $96.1 million. ...
http://www.phnompenhpost.com/2013051765681/National/australia-ups-aid-funding.html
Jarai Man Exiled After He Opposes Land Deal
Commune authorities in Ratanakkiri province’s O’Yadav district have allegedly banished a local resident for persisting with a lawsuit that accuses them of selling 500 hectares of community forest to two Cambodian developers for $300,000. Romas Svang, who is a member of the ethnic Jarai minority, filed ...
http://www.phnompenhpost.com/2013051765682/National/jarai-man-exiled-after-he-opposes-land-deal.html
Bangladesh woes spare Kingdom
A recent string of disasters rocking Bangladesh’s garment industry has highlighted its factories’ shocking safety record, and stoked optimism that giant fashion brands will flock to move their orders to countries like Cambodia. But Cambodia’s garment industry has not experienced any major deluge of business so ...
http://www.phnompenhpost.com/2013051665643/Business/bangladesh-woes-spare-kingdom.html
Charges in Ratanakkiri arson
The Ratanakkiri Provincial Court yesterday charged two staffers of Vietnamese rubber concessionaire Hoang Anh Ratanakkiri (CRD) with causing intentional damage for allegedly setting fire to several homes belonging to a landowner with whom they were embroiled in a land dispute, deputy prosecutor Mom Vanda said. ...
http://www.phnompenhpost.com/2013051665652/National/charges-in-ratanakkiri-arson.html
Cambodia’s Beauty Industry Blossoming
The beauty business in the Kingdom is growing rapidly as incomes are rising and the middle-class is growing, industry insiders told the Post yesterday. In the first three months of this year, the Kingdom imported cosmetic products worth $9.9 million, an increase of 130 per cent ...
http://www.phnompenhpost.com/2013051665644/Business/cambodia-s-beauty-industry-blossoming.html
PM Defends Interest Rates
Prime Minister Hun Sen yesterday lashed out at the opposition party’s concerns over the interest rates charged by commercial banks to farmers. SRP lawmaker Yim Sovann said commercial banks in Cambodia charge customers very high interest rates, and said it is much higher than in other ...
http://www.phnompenhpost.com/2013051665645/Business/pm-defends-interest-rates.html
Fear still lingers in Pro Ma
A year to the day since armed soldiers stormed into the remote village of Pro Mar in Kratie province, killing a 14-year-old girl, arresting her husband and evicting hundreds of families, Sreng Pho still has nightmares. “I’m really scared when I think back to that day ...
http://www.phnompenhpost.com/2013051665654/National/fear-still-lingers-in-pro-ma.html
Two Held For Razing Huts In Land Dispute
Ratanakkiri provincial police on Monday arrested the chief of staff of a Vietnamese rubber concessionaire and his Cambodian translator who are believed to have burned down more than $5,000 worth of property related to a land dispute in O’Chum district, police said. Meas Pov Bora, chief ...
http://www.phnompenhpost.com/2013051565632/National/two-held-for-razing-huts-in-land-dispute.html
NDI អះអាងពីកំហុសបញ្ជីឈ្មោះអ្នកបោះឆ្នោត
ភ្នំពេញៈ វិទ្យាស្ថានជាតិប្រជាធិបតេយ្យ(NDI)បានចុះផ្សាយជំទាស់ទៅនឹងការលើក ឡើងនាប៉ុន្មានសប្តាហ៍ថ្មីៗនេះ ដោយគណៈកម្មាធិការជាតិរៀបចំការបោះឆ្នោត(គ.ជ.ប)ដែលជាផ្នែកមួយនៃ ការប៉ុនប៉ងធ្វើឲ្យគេមិនជឿជាក់លើការស្ទង់មតិរបស់វិទ្យាស្ថាន នេះដែលបង្ហាញពីកំហុសក្នុងបញ្ជីឈ្មោះអ្នកបោះឆ្នោត។ សវនកម្មលើការចុះឈ្មោះអ្នកបោះឆ្នោតរបស់វិទ្យាស្ថានជាតិប្រជា ធិបតេយ្យចេញផ្សាយក្នុងខែមីនាបង្ហាញតាមបទសម្ភាស និងការវិភាគថា មានកំហុសក្នុងការចុះឈ្មោះបើប្រៀបធៀបនឹងការបោះឆ្នោតជាតិលើកមុន ដែលឈ្មោះក្នុងបញ្ជីត្រូវលុបវិញ ដោយគ្មានមូលហេតុ និងថា អ្នកបោះឆ្នោតដែលបានចុះឈ្មោះខ្លះ រកមិនឃើញឈ្មោះក្នុងបញ្ជីទេ។ ...
ភ្នំពេញប៉ុស្តិ៍
http://www.postkhmer.com/index.php/election-watch/97847-ndi-
Thai restrictions cap cassava exports
Cambodia’s cassava exports reached 245,438 tonnes in the first quarter this year, a 47 per cent decline quarter-on-quarter, from 465,640 tonnes in the final quarter of last year, according to statistics from the Ministry of Commerce released early this month. While most exports went to Thailand, ...
http://www.phnompenhpost.com/2013051565618/Business/thai-restrictions-cap-cassava-exports.html
Arrests Threatened In Ratanakkiri
Provincial authorities in Ratanakkiri have warned ethnic Jarai villagers that they will be arrested if they continue to stop bulldozers belonging to a Vietnamese company from clearing forest in O’Yadav district’s Paknhai commune, community leaders said yesterday. Sav Finh, leader of Lom village’s forestry protection committee, ...
http://www.phnompenhpost.com/2013051565625/National/arrests-threatened-in-ratanakkiri.html
Cambodia’s petroleum imports decrease
The Kingdom imported 412,190 tonnes of petroleum in the first quarter of 2013, compared with 471,000 tonnes in the same period the previous year, a decline of 12 per cent, according to the Ministry of Commerce. A private sector representative said the drop does not mean ...
http://www.phnompenhpost.com/2013051565620/Business/cambodia-s-petroleum-imports-decrease.html
Koh Kong cashes in on conservation
Koh Kong province’s mangrove forests have changed from being a source of charcoal to serving tourists who help to protect their biodiversity. The forests have now become a popular destination for Cambodian tourists. Yem Yan, Peam Krasorb commune chief in Koh Kong, said gradually visitors ...
http://www.phnompenhpost.com/2013051465588/Business/koh-kong-cashes-in-on-conservation.html
Compulsory insurance for car owners planned
Private car owners could soon be required to buy motor insurance if a planned law amendment gets the green light, stoking optimism that such a bill could put the brakes on Cambodia’s high rate of hit-and-run accidents. Currently, only commercial vehicles, such as buses, legally require ...
http://www.phnompenhpost.com/2013051465590/Business/compulsory-insurance-for-car-owners-planned.html
Fears over new bank note
The new 100,000 riel banknote depicting the late King Father Norodom Sihanouk is not just a pretty historical token. It will also help inject much needed cash into the economy, according to the National Bank of Cambodia. Although take-up will occur as older banknotes of other ...
http://www.phnompenhpost.com/2013051465591/Business/fears-over-new-bank-note.html