News

Viet Nam, Cambodia, Laos boost transport co-operation

Transport Ministers of Viet Nam, Laos and Cambodia signed a Memorandum of Understanding (MoU) to accelerate road transport cooperation. It will facilitate the transportation of goods and passengers among the three countries, including via sea ports, and boost socio-economic development in each country, especially the ...

http://vietnamnews.vn/politics-laws/235407/viet-nam-cambodia-laos-boost-transport-co-operation.html

Workers Blame Mass Fainting on 'Angry Spirit'

After pounding on her chest and demanding a pig’s head, fruits and flowers to be offered to the angry spirit that she believed had taken over her body, garment worker Srey Mom collapsed on the floor of the Global Factory in Kandal province’s Ang Snuol ...

http://www.cambodiadaily.com

Mesco, Angkor to mine gold

Mesco Gold, an associated company of India-based Mesco Steel, will sign an agreement with Angkor Gold to mine the Phum Syrang prospect on one of its economic land concessions in Ratanakkiri province. “We’ve been exploring the area since 2006. We’ve been drilling holes and there’s ...

http://www.phnompenhpost.com/2013011860848/Business/mesco-angkor-to-mine-gold.html

Factory clash has familiar feel

Two protesters and three factory officials were injured in a clash at a garment factory in Kampong Speu province yesterday as a report revealed that more than 60 unionists and workers were injured in such incidents in 2012. Vann Bun, a Free Trade Union activist, said ...

http://www.phnompenhpost.com/2013011860862/National/factory-clash-has-familiar-feel.html

Anti Eviction Activists Take Plea for Help to CPP

Phnom Penh’s anti eviction protesters yesterday staged a 100 strong demonstration outside the CPP Headquarters on Norodom Boulevard, calling for the ruling party to release a jailed community activist and help families acquire land titles. They also requested that the government include 61 families left ...

http://www.cambodiadaily.com

ADB to provide 230 mln USD to Cambodia for development projects

The Asian Development Bank (ADB) on Thursday signed up to provide 230 million U.S. dollars to Cambodia for six development projects, aiming at promoting inclusive growth and reducing poverty in Cambodia, according to the bank’s media statement. The financing agreements were inked between Eric Sidgwick, country ...

http://news.xinhuanet.com/english/world/2013-01/17/c_132109387.htm

Rice Exports Slow Due to Millers Hoarding

Cambodia exported more than 200,000 tons of milled rice in 2012, the greatest yield on record, though well short of the government target to export 1 million tons by 2015. Speaking at the Ministry of Agriculture’s annual meeting in Phnom Penh, Agriculture Minister Chan Sarun said ...

http://cambodiadaily.com/

‘Secession’ Leader Says He Will Return to Cambodia, Stage Protest

The convicted ringleader of a so-called secessionist movement in May in Kratie province, who is currently in self-imposed exile to avoid a 30-year prison sentence, has said that he will soon return to Cambodia to organize a large-scale demonstration against the government. Bun Ratha—who was sentenced ...

http://www.cambodiadaily.com/news/secession-leader-says-he-will-return-to-cambodia-stage-protest-7751/

Hun Sen Announces New Tax on Agricultural Land

Prime Minister Hun Sen yesterday announced that the government would begin levying a tax on agricultural land transfers that are valued at more than $25,000. “The government has decide to tax 4 percent on land that cost more than 100 million riel [about $25,000],” Mr. ...

http://cambodiadaily.com/

Acleda readies to open Myanmar’s first micro-finance firm

Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...

http://www.phnompenhpost.com/2013011760823/Business/acleda-readies-to-open-myanmar-s-first-micro-finance-firm.html

DVD Shops Raided by Police At Local Distributor's Request

Police in Phnom Penh yesterday raided nine DVD shops at Tuol Tom Poung market in Chamkar Mon district, confiscating hundreds of illegally reproduced movies at the joint request of the Ministry of Culture and local movie distributor Westec Media Limited. Sao Bunthoeurn, deputy director of ...

http://cambodiadaily.com/

Protesters blocked on the way to Phnom Penh

About 80 families travelling to Phnom Penh from Kampong Chhnang province for a land dispute-related protest yesterday were blocked on their way to the capital and told to resolve the matter locally. The villagers are locked in an unusual land feud with an agricultural firm, ...

http://www.phnompenhpost.com/2013011760831/National/protesters-blocked-on-the-way-to-phnom-penh.html

Masseuses protest sackings

Noise from a loudspeaker yesterday cut through the usual peace on street 282 in Phnom Penh’s Beoung Keng Kang 1 neighbourhood, as five former massage workers at upscale spa Aziadee protested the sudden termination of their contracts. Waving posters in front of the shop ...

http://www.phnompenhpost.com/2013011760832/National/masseuses-protest-sackings.html

Cambodia's economy to grow by 6.7% this year: WB

Cambodia’s economy is expected to grow by 6.7 percent in 2013 thanks to anticipating increases in agriculture, foreign direct investment (FDI) and tourism, the World Bank said in its latest outlook Wednesday. “The growth is based on achieving the dividends from focus on higher rice ...

http://news.xinhuanet.com/english/business/2013-01/16/c_132106591.htm

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