News

Bank exits rubber firm: NGO

Global Witness, a United Kingdom-based NGO, has alleged that Deutsche Bank has dropped the majority of its holdings in a Vietnamese company that operates rubber plantations in Cambodia, amid accusations the firm is involved in land grabbing and illegal logging. In a statement released today, Global ...

Shane Worrell
http://www.phnompenhpost.com/national/bank-exits-rubber-firm-ngo

Air China launches Beijing-Cambodia's Siem Reap direct flight

Air China has started to operate direct flights between China’s Beijing and Cambodia’s Siem Reap province, aiming at further promoting tourism and economic ties. Its first flight landed at the Siem Reap International Airport at Sunday night with 115 passengers onboard. Cambodia greeted 339,890 Chinese ...

Asean-China-Center News Staff
http://www.asean-china-center.org/english/2013-12/02/c_132934784.htm

Gov’t forwards publishing complaint to military court

A military court may pursue legal action against a Cambodia National Rescue Party lawmaker-elect and newspaper publisher after the Council of Ministers yesterday filed a complaint against him. Dam Sith, editor-in-chief of the pro-CNRP Moneaksekar Khmer newspaper, published the text of a speech given by CNRP ...

Meas Sokchea and Daniel Pye
http://www.phnompenhpost.com/national/gov%E2%80%99t-forwards-publishing-complaint-military-court

Micro-insurance needs revamp: UN

The UN urged government and financial organisations to stimulate Cambodia’s flailing micro-insurance industry yesterday, after a study found the country’s poor are vulnerable to indebtedness during a crisis. The United Nations Development Business (UNDB) hosted a working group yesterday at Phnom Penh’s Sunway Hotel launching the ...

Eddie Morton
http://www.phnompenhpost.com/business/micro-insurance-needs-revamp-un

IMF Reiterates 7 Percent Growth Prediction for Cambodia

The head of the International Monetary Fund (IMF), Christine Lagarde, has reaffirmed an earlier prediction that Cambodia will grow 7 percent this year, in an interview published today by The Post newspaper. Lagarde praised the country’s economic outlook, although she acknowledged that it will face challenges, ...

Prensa Latina News Staff
http://www.plenglish.com/index.php?option=com_content&task=view&id=2140481&Itemid=1

Japan to Open ‘State-of-the-Art’ Hospital in Phnom Penh

Phnom Penh could have its first international-standard medical facility if a Japanese plan to construct a critical-care center equipped with state-of-the-art medical technologies and highly trained doctors, nurses and surgeons goes ahead, according to local officials and Japanese government documents. Japanese Prime Minister Shinzo Abe announced ...

Joshua Wilwohl
http://www.cambodiadaily.com/news/japan-to-open-state-of-the-art-hospital-in-phnom-penh-48433/

Rubber firm tells villagers to bounce

Villagers embroiled in a longstanding land dispute with a Chinese rubber company in Ratanakkiri’s O’Chum district received an official eviction notice last week from local authorities who failed to promise compensation, community representatives told the Post yesterday. More than 100 families will have to move so Swift Rubber ...

Sen David
http://www.phnompenhpost.com/national/rubber-firm-tells-villagers-bounce

Factory inspection turns up unauthorised floor

Inspectors from the ministry in charge of construction who were called to investigate a “shaking” garment factory last Tuesday discovered that an entire extra storey had been built without permission or oversight from authorities, officials said yesterday. As workers returned to the Siu Quinh Garment factory ...

Mom Kunthear and Shane Worrell
http://www.phnompenhpost.com/national/factory-inspection-turns-unauthorised-floor

CNRP Gives Notice of Rally in Siem Reap

The opposition CNRP on Monday delivered a letter of notice to provincial authorities of its plans to hold a rally in Siem Reap City to mark International Human Rights Day next Tuesday, a party official said. Ke Sovannaroth, the head of the CNRP’s Siem Reap working ...

Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/news/cnrp-gives-notice-of-rally-in-siem-reap-48440/

No Bail for Teens Arrested After Factory Clashes

Two teenagers charged with intentional acts of violence, damage to public property and insulting public officials in clashes with police during a demonstration by SL Garment Factory workers last month were denied bail Monday. The suspects, 14-year-old Meas Non and 17-year-old Vanny Vanan, were charged by ...

Lauren Crothers
http://www.cambodiadaily.com/news/no-bail-for-teens-arrested-after-factory-clashes-48448/

Declare assets, ACU tells former officials

The Anti-Corruption Unit has sent a letter of warning to three recently dismissed Senate advisers to declare their assets and debt as required by law. In a notification signed by ACU chairman Om Yentieng on Monday, the trio – identified as Vong Sopheap, Kouch Cheahuot and ...

Cheang Sokha
http://www.phnompenhpost.com/national/declare-assets-acu-tells-former-officials

China provides agricultural engines to Cambodia for post-flood rehabilitation

China’s Yunnan province on Monday provided 200 agricultural engines to Cambodia’s northwestern Banteay Meanchey province for post-flood rehabilitation. A handover ceremony was held here between Yu Dingcheng, vice chairman of the Standing Committee of the Yunnan Provincial People ‘s Congress, and Oung Oeun, chief of the ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2013-12/02/c_132935559.htm

Cambodia has 2.36 million registered automobiles, motorcycles

Cambodia has currently had 2.36 million registered automobiles and motorcycles, according to the figures of the Ministry of Public Works and Transport on Friday. The country has 377,660 cars, buses, and trucks, and 1.98 million motorcycles, said the figures. Vehicles are mostly purchased from Japan, Thailand, Vietnam, ...

Global Times News Staff
http://www.globaltimes.cn/content/828641.shtml#.UpwIytKBlmM

Loggers questioned by court

Stung Treng Provincial Court yesterday questioned six men apprehended while allegedly transporting more than 17 cubic metres of illegal Thnong timber by boat in Sesan district, said Y Ek Savtey, director of the provincial forestry administration. Hou Sam Ol, a provincial coordinator with rights group Adhoc, ...

Phak Seangly
http://www.phnompenhpost.com/national/loggers-questioned-court

Government salaries to no longer be paid in cash

The wages of 400,000 civil servants from 39 government ministries are to be paid via a new electronic banking system due to be rolled out next month. Secretary of State for the Ministry of Economy and Finance Chu Kim Leng announced the new payroll system on ...

Chan Muy Hong
http://www.phnompenhpost.com/business/government-salaries-no-longer-be-paid-cash

China's Taiwanese bank looks into Cambodian financial sector

The Shanghai Commercial & Saving Bank (SCSB), one of the leading banks in China’s Taiwanese region, opened a representative office here on Monday thanks to increasing interest in Cambodia by Taiwanese business people, a bank official said. To date, Cambodia has six foreign banks’ representative ...

Global Times News Staff
http://www.globaltimes.cn/content/829199.shtml#.Up2E2cQW2Dt

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