News

Rat meat on the menu at the Vietnamese border

Eating rat is a common phenomenon over the border in Vietnam, but increasing numbers of Cambodians in nearby villages are adopting rodent cuisine with relish. As many as three tonnes of rats are caught every day in Cambodia and exported to Vietnam to feed a ...

http://www.phnompenhpost.com/index.php/2012091258640/Lifestyle/rat-meat-on-the-menu-at-the-vietnam-border.html

Cambodian Activists Call for International Sugar Boycott

Human rights monitoring groups and Cambodian activists are calling for an international boycott of Tate & Lyle and Domino Sugar, who do business with sugar suppliers accused of participating in government-sanctioned land grabs and illegal evictions throughout rural Cambodia. According to the Cambodian League for the ...

http://www.corpwatch.org/article.php?id=15782

Exset Advances Cambodian STB Services with Hyundai Digital Technology

Exset has selected Hyundai Digital Technology (HDT) as its STB strategic partner, where HDT is presently providing MPEG4 Set-Top-Box service (STBs) for One TV, the first nationwide digital terrestrial TV platform service in Cambodia. Cambodian televisions are expected to switch to Digital Video Broadcasting Terrestrial ...

http://www.moneylife.in/business-wire-news/exset-advances-cambodian-stb-services-with-hyundai-digital-technology/32593.html

Official Urges Students to Take Technical Studies to Find Work

A preference for NGO and government jobs among young Cambodians was contributing to a critical labor shortage in the industrial manufacturing sector, a Labor Ministry official said yesterday. Speaking to 3,000 prospective university students on Phnom Penh’s Diamond Island, Labor Ministry Secretary of State Pich Sophoan ...

Price of imported raw silk decreases

The price of imported raw silk decreased to US$44 per kilogram even as raw silk production fell off, according to industry insiders. Imported raw silk dropped 12 per cent to $44 per kilogram compared to $50 per kilogram last May. Cambodia Craft Federation CEO Soeng Kemyun, said ...

http://www.phnompenhpost.com/index.php/2012091158633/Business/price-of-imported-raw-silk-decreases.html

Come floods or high waters, most MFIs continue to loan

After experiencing decades of floods, Cambodia’s microfinance institutions say they no longer have problems disbursing loans during the rainy season, according to the head of Cambodia’s Microfinance Association (CMA). A survey issued early this year by a coterie of international aid organisations, including Oxfam, Care, PACT ...

http://www.phnompenhpost.com/index.php/2012091158629/Business/floods-are-not-a-problem-for-loan-payment.html

Casino workers have win, but fight goes on

Threats of strike from about 500 employees of the Tropicana Casino in Poipet were quieted yesterday as workers secured a small victory after management agreed to improve worker conditions and enter talks over their sacked union leader. Morm Rithy, president of union Cambodian Tourism and Service ...

http://www.phnompenhpost.com/index.php/2012091158618/National-news/casino-workers-have-won-but-fight-goes-on.html

Cambodia's Trade Grows By 15 Percent

Cambodia’s total trade volume grew 15.41 percent to reach$7.46 billion in the first seven months compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Revenues earned through exports reached $2.9 billion, an increase of 11.82 percent compared to ...

Food Prices Remain High

Global food prices remained high in August according to the UN’s Food and Agriculture Organisation (FAO) food price index, maintaining the high level achieved last month as corn prices jumped in the US and rice prices increased in Cambodia. With 213 points in August the food ...

http://www.phnompenhpost.com/index.php/2012091158634/Business/food-prices-remain-high.html

Land Rights Talks Held With Japanese Envoy

Japanese Ambassador Kuroki Masafumi met with human rights workers on Friday to discuss land rights in Cambodia, particularly implementation of the law and the use of force in evictions, two of the participants at the meeting said. Adhoc President Thun Saray, Licadho President Pung Chhiv Kek and ...

Police Block Boen Kak Anti-Eviction Protesters

Police in Phnom Penh blocked all attempts by anti-eviction protesters to march out of the city’s Boeng Kak community yesterday, but made no attempt to stop a counter-demonstration against the marchers by a little-known association of tuk-tuk and motorcycle-taxi drivers. About 150 residents of the Boeng ...

Investment in Cambodia's construction up 85 pct in 7 months

Construction sector had attracted the investment of $1.38 billion in the first seven months of 2012, a 85 percent rise from $747 million at the same period last year, a report from the ministry of land management, urban planning and construction showed on Monday. During the ...

http://www.globaltimes.cn/content/732180.shtml

Sri Lanka’s Touchwood acquires land in Cambodia to set up an agricultural project

Sri Lanka’s Touchwood Investments PLC has acquired 11,138 hectares of land in Cambodia to set up an agricultural project to plant rubber and other crops. Chairman of the firm, Roscoe A. Maloney, says the acquisition done in the previous financial year is aimed at exploring the ...

http://www.news360.lk/business-finance/news-sri-lanka%E2%80%99s-10-09-2012-touchwood-to-set-up-an-agricultural-project-in-its-cambodian-land-557891

SCG vows Asean coverage

Siam Cement Group (SCG), the country’s top industrial conglomerate, says its logistics unit will cover Asean and southern China within five years, partly through mergers and acquisitions. Kan Trakulhoon, the president and chief executive, said the expansion will accommodate growing regional trade under the Asean Economic ...

http://www.bangkokpost.com/business/economics/308580/scg-vows-asean-coverage

Road-Rage Case Latest Gun Play by the Powerful

Road rage was the likely motive of the driver of a luxury suburban utility vehicle (SUV) who opened fire on the driver of another SUV Friday afternoon in Phnom Penh in what appears to be the latest incidence of random gun violence involving the country’s ...

KFC In Cambodia Takes Hit as Losses Continue

Fast food chain KFC lost more than half-a-million dollars in the first half of 2012, according to a statement to the Malaysian stock exchange last week by the majority owner of KFC Cambodia, QSR Brands. The statement said that the company suffered losses of $578,000 in ...

Cambodia, Dubai Sign Deal to Start Direct Flights

Cambodia and the United Arab Emirates signed a memorandum of understanding to establish direct flights between the two countries, said Tith Chantha, director general of Tourism Ministry. Tourism Minister Thong Khon inked the deal to establish flights from Dubai to an unspecified destination in Cambodia during ...

Hundreds of illegal migrants return

Nearly 450 Cambodians who were illegally working in Thailand were repatriated across the Battambang province border on Saturday in one of the largest one-day operations along that border, officials said yesterday. Thai authorities had rounded up the 447 workers, who were busted without the required paperwork, ...

http://www.phnompenhpost.com/index.php/2012091058599/National-news/hundreds-of-illegal-migrants-repatriated-to-cambodia.html

Innovation and inspiration are the basis of BarCamp

BarCamp Phnom Penh, a technology conference at the University of Puthisastra, promises to attract industry professionals from ASEAN countries, the US, Germany and other countries around the world later this month, Be Chantra, lead organiser of the conference, says. Be Chantra says BarCamp Phnom Penh is ...

http://www.phnompenhpost.com/index.php/2012091058592/Business/barcamp-unites-cambodias-industry-professionals.html

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