News
Cambodian insurance industry has 'Substantial potential for growth'
Nascent insurance markets in Cambodia, Cuba and Myanmar offer “significant opportunities” to foreign insurers, according to a US market research company. In a statement released Wednesday, Dallas-based Market Reports Store praised Cambodia’s “bold economic reforms and economic liberalisation” since 2000. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjgyYjQ3MWI0YWN
ANZ hit by controversy in Cambodia
ANZ is facing calls for compensation over its funding of a Cambodian sugar mill linked to child labour, forced evictions and land grabs. Media reports on Monday said hundreds of Cambodian farmers had called on the bank to provide compensation for the land they lost due ...
Georgia Wilkins
http://www.stuff.co.nz/business/world/10358069/ANZ-hit-by-controversy-in-Cambodia
Justice and Soul Opens 1st Cosmetology School in Cambodia
The Justice and Soul Foundation has opened its first cosmetology school in Phnom Penh, Cambodia. The Kate Korpi Salon has been built to teach sustainable cosmetology skills to survivors of the sex trafficking industry. What started as an idea discussed over a cup of coffee five ...
Stacey Soble
http://www.salontoday.com/news/salon-business/Justice-and-Soul-Opens-1st-Cosmetology-School-in-Cambodia-270327121.html
Ban lifted from Freedom Park
City Hall has lifted the ban on public assembly at Freedom Park, which was at the center of opposition protests over the last year and the ignition point for violent clashes that led to the arrests of a handful of opposition lawmakers. Shortly after the clashes, ...
Heng Reaksmey and Kong Sothanarith
http://www.voacambodia.com/content/ban-lifted-from-cambodia-freedom-park/1973078.html
Cambodia to bid on Philippine rice tender
Cambodia is vying for a share of the Philippines’ latest rice import tender of 500,000 tons, according to Thon Virak, general-director of state-owned Green Trade Company. ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/cambodia-to-bid-on-philippine-rice-tender-65922/
Cease and desist: Firm ordered to stop filling Kandal lake
The Ministry of Water Resources and Meteorology has ordered provincial authorities to stop Vattanac Properties, a land developer, from filling in a lake in Kandal’s Kien Svay district because it would affect water supplies to farms of nearby residents. ...
Sen David
http://www.phnompenhpost.com/national/cease-and-desist-firm-ordered-stop-filling-kandal-lake
Travel expo to draw big dollars and big buyers
The government has squirrelled away about $500,000 for the upcoming Pacific Asian Tourism Association Travel Mart (PTM), which is to run September 17-19. Tourism Minister Thong Khon told the Post yesterday that the government had approved the $500,000 budget for the event, which it is hoped ...
Chan Muyhong
http://www.phnompenhpost.com/business/travel-expo-draw-big-dollars-and-big-buyers
Villagers protest arrests over land dispute
About 90 villagers continued to demonstrate outside the Kompong Chhnang provincial court Wednesday, calling for the release of two men from prison and protesting the summoning of another eight over clashes last month with workers from the powerful KDC company. The rally came after about 200 ...
Aun Pheap
http://www.cambodiadaily.com/news/villagers-protest-arrests-over-land-dispute-65916/
Strike ends as sacked workers take cash
Seven union leaders protesting against being sacked from the Vantage River Textile factory in Preah Sihanouk province each agreed yesterday to accept $300 compensation. Worker representative and sacked employee Keo Srey Pich, 22, said three hours of negotiations between the union, workers and the company, in ...
Pech Sotheary
http://www.phnompenhpost.com/national/strike-ends-sacked-workers-take-cash
Migrants skipping gov’t plan for Thai alternative
The number of Cambodian migrant workers in Thailand has risen to 190,000 thanks to the new one-stop service centers set up across the border, Cambodia’s Ministry of Labor said Wednesday. Labor Ministry spokesman Heng Suor said about 190,000 migrant workers—some with a full complement of legal ...
Hul Reaksmey
http://www.cambodiadaily.com/news/migrants-skipping-govt-plan-for-thai-alternative-65903/
NGO blasts roundup of Phnom Penh’s beggars
An NGO partnered with Phnom Penh’s municipal government in a scheme to help poor children get off the street Wednesday blasted the city’s ongoing catch-and-release strategy. In June, City Hall partnered up with two NGOs in a campaign to remove beggars from Phnom Penh’s streets. The ...
Khuon Narim and Alex Consiglio
http://www.cambodiadaily.com/news/ngo-blasts-roundup-of-phnom-penhs-beggars-65912/
Family, firm still at odds over land
While one of the two Phnom Penh families embroiled in a long-running land dispute with the Khun Sear Import Export Company this week accepted a compensation offer, the other says it has no plans to back down. ...
Chhay Channyda
http://www.phnompenhpost.com/national/family-firm-still-odds-over-land
Freedom Park open as city ‘returns to normal’
The razor-wire was removed, riot police departed and Freedom Park was opened to the public for the first time in seven months Wednesday morning as City Hall declared that Phnom Penh had “returned to normal” following the swearing-in Tuesday of the CNRP’s 55 lawmakers. “Because security, ...
Mech Dara and Matt Blomberg
http://www.cambodiadaily.com/news/freedom-park-open-as-phnom-penh-returns-to-normal-65893/
Cambodian PM says not to appoint capable children in posts
Cambodian Prime Minister Hun Sen said Wednesday that he could not appoint his children in the cabinet posts even though they were qualified. “I have five children and five children-in-law. All of them have possessed degrees ranging from bachelor’s degrees to doctorate’s degrees, but I cannot ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/06/c_133536466.htm
Cambodian PM says economy to grow by 7.5 pct this year
Cambodian Prime Minister Hun Sen said Wednesday that the country’s economy is forecast to grow by 7. 5 percent in 2014, driven by steady growth in agriculture, garment export, tourism, and construction. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-08/06/c_133536721.htm
Flood warnings issued for Kratie, Kampong Cham, Stung Treng
The Mekong River Commission issued flood warnings on Wednesday for Kratie, Kampong Cham and Stung Treng as well as the southern Lao city of Pakse. After surpassing alarm levels in recent days, the Mekong is expected to reach the flood stage in Kratie on Saturday, according ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YjEyM2Q4YWRkM2F
World Bank debars Cambodian construction firm for fraud
The World Bank has debarred Cambodia’s CDW Construction Co Ltd for three years for fraudulent practices relating to the Ketsana Emergency Reconstruction and Rehabilitation Project. Announced in 2010, the $40 million project aimed to restore transport as well as water and sanitation services to the tens ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=ODE4YTMwMzBjNzV
Cassava farmers plead for gov’t help
Cassava farmers are calling on the government to standardise prices and help stabilise demand as the market for the root crop continues to prove risky for growers. Cassava exports totalled 226,000 tonnes in the first six months of the year, down 21 per cent from a ...
Chan Muyhong
http://www.phnompenhpost.com/business/cassava-farmers-plead-gov%E2%80%99t-help
Police chief questioned about smuggling rosewood
A provincial police officer appeared for questioning at the Pailin Provincial Court on Tuesday after military police, led by a local wildlife NGO founded by U.S. actress Angelina Jolie, caught him transporting more than 177 kg of illegally logged rosewood on Sunday. Sor Phalla was arrested ...
Ben Sokhean
http://www.cambodiadaily.com/news/police-chief-questioned-after-caught-smuggling-rosewood-65801/
Villagers take KDC protest to court
About 200 villagers and monks marched to the Kompong Chhnang Provincial Court on Tuesday to call for the release from jail of two villagers and protest the summoning of eight more to appear before the provincial court. The villagers are embroiled in a long-running land dispute ...
Aun Pheap
http://www.cambodiadaily.com/news/villagers-take-kdc-protest-to-court-65806/
Partner NGOs again in the dark over city’s street sweep
Rin Ren thought that her grandchildren had gone to study English with NGO Mith Samlanh and would return to their home along the railroad in Phnom Penh’s Boeng Kak II commune by nightfall, just as they had done many times before. Instead, friends of the children ...
Khuon Narim and Alex Consiglio
http://www.cambodiadaily.com/news/partner-ngos-again-in-the-dark-over-citys-street-sweep-65799/
Benefits there for the taking
Thailand will lose its beneficial tax treatment on exports to the European Union next year, and Cambodia’s manufacturing sector could be set to capitalise. Following three consecutive years of upper-middle income status as defined by the World Bank, Thailand will on January 1 lose its Generalised ...
Daniel de Carteret
http://www.phnompenhpost.com/business/benefits-there-taking
Police block villagers’ march to Hun Sen’s house
About 100 villagers locked in a land dispute with an agribusiness firm from Kratie province were blocked from marching to Prime Minister Hun Sen’s house Tuesday by hundreds of military police and municipal security guards after walking from Phnom Penh’s Samakki Raingsey pagoda. The villagers, who ...
Aun Pheap and George Wright
http://www.cambodiadaily.com/news/police-block-villagers-march-to-hun-sens-house-65804/
One family settles land dispute, 2nd holds out
One of two Phnom Penh families involved in a long-running land dispute with a powerful real estate tycoon accepted the businessman’s latest compensation offer during negotiations Tuesday brokered by the Housing Rights Task Force, though the other family has continued to hold out. The two families, ...
Ben Sokhean
http://www.cambodiadaily.com/news/one-family-settles-land-dispute-2nd-holds-out-65812/