The Phnom Penh Post

Local markets still favorite

Markets like Olympic and O’Russey in Phnom Penh and the traditional fresh food markets in cities and towns across Cambodia are where the overwhelming majority of Cambodians get not only the food they eat, but also the basic household products they use. The shopping behavior data, provided by ...

http://www.phnompenhpost.com/index.php/2012100559118/Business/local-markets-still-favourite.html

ADB revises its Asia growth rate

The Asia Development Bank has revised its growth expectations for the entire region down to 6.1 per cent for 2012 in an update to its annual development outlook released in April. This revision comes after the IMF increased GDP projections for Cambodia to up to 7 per ...

http://www.phnompenhpost.com/index.php/2012100559119/Business/adb-revises-its-asia-growth-rate.html

Port more active over nine months

Cargo shipments via Phnom Penh Autonomous Port (PPAP), Cambodia’s second largest port, rose by 16 per cent year-on-year in the first nine months. The Port Authority said yesterday the rise was mainly due to the increase of import and export activities for garments, agricultural and construction ...

http://www.phnompenhpost.com/index.php/2012100559120/Business/port-more-active-over-nine-months.html

Jobs crucial to development

Jobs are a cornerstone of development in developing countries, reducing poverty, making cities work and providing youth with alternatives to violence, according to a new World Bank report. Jobs are crucial for achieving economic and social development, the World Development Report 2013 said. According to ...

http://www.phnompenhpost.com/index.php/2012100559121/Business/jobs-are-crucial-to-development-world-bank-says.html

Men Sarun rice to China

Local company Men Sarun Import Export will export fragrant milled rice to China through the Chinese-Hong Kong Enterpreneur Association, an insider said. Choun Kol, Deputy General Director of Men Sarun company, said the company officially signed a business contract with China for 10,000 tonnes of rice. He ...

http://www.phnompenhpost.com/index.php/2012100559116/Business/local-company-to-export-tonnes-of-rice-to-china.html

B Kak motodop recovers

A motodop at the center of the high-profile case against imprisoned Boeung Kak lake villager Yorm Bopha has returned to work after receiving treatment for head injuries, he said yesterday. Supporters of Nget Chet, 28, said during demonstrations last month that the motodop had been nearly brain damaged during an ...

http://www.phnompenhpost.com/index.php/2012100559128/National-news/boeung-kak-motodop-returns-to-work.html

MP dialogues focus on land

Villagers took an increasingly vocal stand on land issues during rare opportunities to speak with National Assembly members this past year, according to the National Democratic Institute. During the most recent town hall-style Constituency Dialogues, started by NDI in 2004 to promote contact between assembly members ...

http://www.phnompenhpost.com/index.php/2012100559126/National-news/mp-dialogues-focus-on-land.html

Hun Sen lambasts rights rapporteur

Prime Minister Hun Sen lashed out at the UN’s human rights envoy to Cambodia yesterday, saying Surya Subedi’s latest report skewed too heavily toward the opposition and suggested his talents might be better employed elsewhere.   While the premier never mentioned the Nepalese national and Leeds ...

http://www.phnompenhpost.com/index.php/2012100559134/National-news/hun-sen-lambasts-rights-rapporteur.html

Strikes at two factories stretch into weekend

More than 600 workers from Kandal province’s Tae Young Co factory yesterday continued to strike, insisting on the return of 16 dismissed workers. Yesterday’s strikes came a day after the Kandal Provincial Court delayed questioning eight of the fired workers over charges that they incited an illegal ...

http://www.phnompenhpost.com/index.php/2012100559124/National-news/workers-strike-stretch-into-weekend.html

Court drops Wutty case

Five months after the fatal shooting of forestry activist Chut Wutty, Koh Kong Provincial Court dropped his case yesterday morning, saying they would only be looking into the shooting of the man who allegedly killed Wutty – a trial that wound up lasting less than ...

http://www.phnompenhpost.com/index.php/2012100559135/National-news/court-drops-wutty-case.html

East Asia takes notice of Cambodia

One of the most well-informed personalities in the air transport business in Phnom Penh is Nicolas Masse, country manager for Dragonair, which operates daily flights from Phnom Penh to Hong Kong in the morning and evening using Airbus A320 and A330 aircraft. Comparing the January through ...

http://www.phnompenhpost.com/index.php/2012100459098/Business/east-asia-takes-notice-of-cambodia.html

Civil engineering students on the rise

Students finishing their secondary education this year are carefully looking at market demand to decide what to study to ensure solid future earnings. Many educators say the recent growth of the construction sector in Cambodia is encouraging parents and students to enroll at the universities of ...

http://www.phnompenhpost.com/index.php/Real-Estate/civil-engineering-students-on-the-rise.html

Cambodia's food service industry gains new player

Triasia Group, headed by Japanese CEO Yokoi Tomoyuki, will open its first Kiriya café in November, with plans already in place to open six more along with some Japanese and European restaurants and a coffee bean manufacturing and export operation. Triasia Group also aims at being ...

http://www.phnompenhpost.com/index.php/2012100459102/Business/cambodias-food-service-industry-gains-new-player.html

Cambodian Resorts on the Increase

International tourist arrivals into Cambodia have soared in the past year, with arrivals into Siem Reap up 30 per cent in the first eight months of 2012 over the same period the previous year. The tourist industry was hit hard by the global economic crisis in ...

http://www.phnompenhpost.com/index.php/Real-Estate/cambodian-resorts-on-the-increase.html

Chinese tourist numbers high

Foreign tourists visiting Cambodia increased more than 24 per cent for the first eight months of the year compared to the same period last year, while tourism officials expected Chinese visitors could be ranked number two in the Cambodian tourism market in the future. According to ...

http://www.phnompenhpost.com/index.php/2012100459105/Business/chinese-tourist-numbers-high.html

Phase Two of Sen Sok Town to begin soon

The second phase of Sen Sok Town, located in Sangkat Phnom Penh Thmai Khan Sen Sok, is slated to start shortly, after it has finished about 70 per cent of its first project. The two projects are worth about US$35 million. The company plans to start the ...

http://www.phnompenhpost.com/index.php/Real-Estate/phase-two-of-sen-sok-town-to-begin-soon.html

Inflation slows to only 2% says NIS

Cambodia’s inflation rose by 2.2 per cent in August compared to the same month last year, according to the monthly data from the National Institute of Statistics. The increase was due to the rise in food and the fluctuation of gasoline prices. Government officials and economists said the ...

http://www.phnompenhpost.com/index.php/2012100459104/Business/inflation-slows-to-only-2-per-cent.html

Vietnamese fishermen snared in local waters

Provincial authorities arrested eight Vietnamese fishermen who illegally crossed into un-demarcated Cambodian waters in Kampot province on Tuesday. The two boats were intercepted by river police in the early morning while they were trawling, Touch Poleak, deputy director of the water border protection department, said.   Sar ...

http://www.phnompenhpost.com/index.php/2012100459093/National-news/vietnamese-fishermen-snared-in-local-waters.html

Life on the edge of eviction

A group of families in the capital’s Por Sen Chey district gathered in their sludge-filled street yesterday, fearing authorities were moving in to evict them – for a second time. Many of the Andong village residents had taken the day off work; if anyone was coming ...

http://www.phnompenhpost.com/index.php/2012100459108/National-news/on-the-edge-of-eviction-in-phnom-penh.html

'Multimedia Monk' is honored for activism

Activist monk Luon Sovath has been named the recipient of this year’s Martin Ennals Award for Human Rights Defenders for his work promoting villagers’ land claims and publicising rights abuses. A familiar figure at protests in Cambodia, including the widely decried May trial of the Boeung Kak 13, ...

http://www.phnompenhpost.com/index.php/2012100459106/National-news/cambodian-activist-first-southeast-asian-to-receive-prestigious-rights-award.html

Striking the right balance

The number of strikes in Cambodia’s garment industry could be set to dip and workers could be on their way to free lunches after both sides of the industry signed a two-year memorandum of understanding (MoU) yesterday. The MoU – inked by the Garment Manufacturers Association (GMAC) in ...

http://www.phnompenhpost.com/index.php/2012100459107/National-news/unions-factories-deal-to-curb-walkouts.html

Silk Air celebrates 20 years in Kingdom

Nagaworld Hotel was the venue for Monday night’s occasion, exactly 20 years after the very first Silk Air flight into Phnom Penh on October 1, 1992. The event came on the same evening as the launch of Tiger Airways’ service between Phnom Penh and Singapore ...

http://www.phnompenhpost.com/index.php/2012100359054/Business/silk-air-celebrates-20-years-in-cambodia.html

Cambodia set to produce halal food

Cambodia is being considered as a site for halal food production and rice milling by the United Arab Emirates, according to the UAE’s Foreign Trade Minister Sheikha Lubna Bint Khalid Al Qasimi yesterday. Speaking during an official meeting with Prime Minister Hun Sen at the Peace ...

http://www.phnompenhpost.com/index.php/2012100359052/Business/cambodia-set-to-produce-halal-food.html

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