The Phnom Penh Post

Huge swaths of flooded forest protected by decree

Almost  650,000 hectares of ecologically-rich flooded forest surrounding the Tonle Sap lake has been protected by a sub-decree signed by Prime Minister Hun Sen on Monday. The 647,406 hectare area spans sections of Kampong Chhnang, Pursat, Battambang, Banteay Meanchey, Siem Reap and Kampong Thom provinces. ...

http://www.phnompenhpost.com/index.php/2011083151371/National-news/huge-swaths-of-flooded-forest-protected-by-decree.html

Oil dispute flares up

Secret meetings between high-ranking Thai and Cambodian officials to solve the demarcation of disputed offshore petroleum resources took place during the administration of Thai Prime Minister Abhisit Vejjajiva, the Cambodian National Petroleum Authority revealed yesterday.  In a statement some commentators described as “coordinated attack” by ...

http://www.phnompenhpost.com/index.php/2011083151353/Business/oil-dispute-flares-up.html

Tourism numbers rise by 14 per cent

The number of foreign tourists visiting Cambodia through July climbed 14 per cent year-on-year, with the most arrivals coming from Vietnam, South Korea and China, according to the latest Ministry of Tourism figures. Improved transportation, greater promotion of the Kingdom to world markets and widely ...

http://www.phnompenhpost.com/index.php/2011083051330/Business/tourism-numbers-rise-by-14-per-cent.html

Two more banks setting up shop

The National Bank of Cambodia has issued a commercial banking licence to a Taiwanese bank, while another banking licence is pending approval for a Chinese-Cambodian joint venture, central bank Director General and Spokeswoman Ngoun Sokha said yesterday. The central bank had licensed Taiwan’s Mega International ...

http://www.phnompenhpost.com/index.php/2011083051333/Business/two-more-banks-setting-up-shop.html

Malaysian firm eyes Kampong Thom land

Malaysain firm Lion Forest Industries Berhad plans to acquire 58,000 hectares of land in Kampong Thom province for US$26.1 million, the company announced yesterday. The company has also announced its intention to purchase 9,995 hectares of land in Preah Vihear province for $3.9 million, according ...

http://www.phnompenhpost.com/index.php/2011083051332/Business/malaysian-firm-eyes-kampong-thom-land.html

Cambrew to pay overtime to beer girls on Monday

Cambrew yesterday paid the beer promoters who went on strike in late July to demand that the company abide by an Arbitration Council ruling earlier that month that said it owed the women three years of overtime for working on Sundays. The company, which is ...

http://www.phnompenhpost.com/index.php/2011083051340/National-news/cambrew-to-pay-overtime-to-beer-girls-on-monday.html

Garment factory back in business after last week’s mass fainting

Three workers at M&V International Manufacturing Ltd’s garment factory in Kampong Chhnang factory fainted yesterday and about 20 others were permitted to stop working for two more days due to poor health, a representative of their union said. Nearly 300 workers fainted at the factory last ...

Tep Nimol, Don Weinland, P. 5
http://www.phnompenhpost.com/national/garment-factory-back-business-after-last-week%E2%80%99s-mass-fainting

Union claims strikers threatened with gun

Free Trade Union members claimed that staff of the Cambodian Union Federation of Chuon Mom Thol threatened workers striking at a shoe factory in Kampong Speu province yesterday. FTU president Chea Mony told the Post  that officials of  the Cambodian Union Federation had used guns ...

http://www.phnompenhpost.com/index.php/2011083051341/National-news/union-claims-strikers-threatened-with-gun.html

Svay Rieng dredging destroying farmland

Dredging operations are causing whole sections of farmland along Svay Rieng’s Toek Vel River to collapse, villagers said in a petition thumb printed by more than 300 affected families. Ros Mov, a chief of Romeas Hek Samiky Land Community, said yesterday 389 families from four ...

http://www.phnompenhpost.com/index.php/2011083051343/National-news/svay-rieng-dredging-destroying-farmland.html

Climate change to hit rural poor

Climate change posed a major threat to Cambodia because of its extreme poverty and predominantly rural population, development experts told a conference yesterday. “This is an agrarian economy that depends very much on weather.  And we are among the poorest countries in the world,” Dr ...

http://www.phnompenhpost.com/index.php/2011083051344/National-news/climate-change-to-hit-rural-poor.html

Overflight fees set to increase

Cambodia may raise fees for planes moving through the Kingdom’s airspace after granting Cambodia Air Traffic Services Company permission to increase the fees by 5.5 percent. Cambodia’s overflight fees are low, and will remain low, compared to other countries in the region, Soy Sokhan, undersecretary ...

http://www.phnompenhpost.com/index.php/2011082951326/Business/overflight-fees-set-to-increase.html

Thai trade fair pushed back to 2012

The postponed 2nd Thailand Trade Exhibition 2011 will not be reorganised this year due to budget restrictions, according to Jiranan Wongmongkol, commercial counsellor based at the Thai embassy in Phnom Penh. The trade fair was originally scheduled for May 19 to 22 at Phnom Penh’s ...

http://www.phnompenhpost.com/index.php/2011082951328/Business/thai-trade-fair-pushed-back-to-2012.html

PM issues warning over ELCs

Prime Minister Hun Sen has warned again that economic land concessions granted to private companies will be withdrawn if the companies fail to resolve land disputes with villagers who have lived in their concession area for “a long time”. The premier ordered relevant ministries to ...

http://www.phnompenhpost.com/index.php/2011082951305/National-news/land-disputes-pm-issues-warning-over-elcs.html

More rallies against rubber

More than 300 villagers from Kampong Cham province’s Chamkar Leu, Memot, and Stung Trang districts gathered in Phnom Penh on Friday to protest against a plan to relocate them from their land in order to make way for rubber plantations. The villagers contend they have ...

http://www.phnompenhpost.com/index.php/2011082951307/National-news/more-rallies-against-rubber.html

Swift action on mass faints

Prime Minister Hun Sen ordered Ministry of Labour officials to quickly investigate and resolve problems leading to recent mass faintings at factories in Kampong Chhnang and Phnom Penh during meeting with the Council of Ministers on Friday.  Last week around 300 workers fainted at M&V ...

May Tithara, P. 2
http://www.phnompenhpost.com/national/swift-action-mass-faints

Temple visits slow after clash

Tourists are still wary about travelling to Preah Vihear temple following border clashes in the area earlier this year, according to provincial officials. Visitor numbers had declined 15.5 per cent during the first seven months compared year on year, but had slowly begun rising in ...

http://www.phnompenhpost.com/index.php/2011082651273/Business/temple-visits-slow-after-clash.html

H&M in second mass faint

The second mass fainting to hit a factory in Kampong Chnnang that supplies knitwear for H&M this week has prompted intervention from provincial labour officials and an investigation by the Swedish-based company. The International Labour Organisation, which monitors the M&V factory where as many as ...

Tep Nimol and Vincent MacIssac, P. 2
http://www.phnompenhpost.com/national/hm-second-mass-faint

Maid nightmares retold

A Cambodia migrant worker who was at times threatened at knifepoint, tied up or punched in the head by her employer yesterday revealed her chilling experience of the labour recruitment industry.  Following her testimony via video link, broadcast at Sam Rainsy Party headquarters, opposition parliamentarian ...

http://www.phnompenhpost.com/index.php/2011082651282/National-news/labour-nightmares-retold.html

Taxes set to reduce transactions

The pending property tax could lead to declining residential property transactions in the Kingdom as residents fear rising house prices. Although the property sector is currently stable after the country’s recovery from the financial crisis, it is expected to stall once the prakas is implemented, VMC ...

http://www.phnompenhpost.com/index.php/2011082551247/Special-Supplement/taxes-set-to-reduce-transactions.html

Maruhan inks a deal with microfinance firm

Mahuran Japan Bank and the Seilanithih Microfinance Institution have signed an agreement to work together, according to a statement yesterday. Maruhan general manager Onishi Shizuo said  the agreement would benefit both parties. “By joining forces with us, Seilanithih will be able to expand the size of ...

http://www.phnompenhpost.com/index.php/2011082551248/Business/maruhan-inks-a-deal-with-microfinance-firm.html

CDC approvals rise by 247pc, January to July

The Council for the Development of Cambodia (CDC) approved 75 investment projects worth US$5.5 billion between January and July, according to council statistics. This growth represents a 247 per cent, year-on-year increase in the value of approved investment projects, 60 of which were in the industrial ...

http://www.phnompenhpost.com/index.php/2011082551249/Business/cdc-approvals-rise-by-247pc-january-to-july.html

Construction Approvals Grow

GOVERNMENT-approved construction projects soared 84 percent year-on-year through July to US$747.7 million, which officials called the biggest jump since the property market bust three years ago. The number of approved projects for the period reached 1,279, a decline from the 1,344 projects greenlighted in the first ...

http://www.phnompenhpost.com/index.php/2011082351195/Business/construction-approvals-grow.html

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