News

Clinton Says Asean Is Key to US Foreign Policy

U.S. Secretary of State Hillary Clinton yesterday raised the issue of territorial disputes in the South China Sea with Prime Minister Hun Sen and outlined the strong focus the administration of U.S. President Barack Obama is currently placing on the Asean region, officials said. Arriving in ...

Farmland included in border exchange

Cambodia and Vietnam’s border shuffle in Kampong Cham won’t involve ceding the two previously discussed villages to Vietnam, a government official said yesterday, but it will include farmland meant to compensate Vietnam for the ethnic Khmer villages on what is believed to be the Vietnamese ...

http://www.phnompenhpost.com/index.php/2012071257374/National-news/farmland-included-in-border-exchange.html

Manufacturers Raise Garment Workers’ Pay

Manufacturers in Cambodia yesterday agreed to increase the monthly wage of garment workers by $7 per month by providing them with additional allowances for transportation and housing, bringing the minimum wage packet taken home every month to $73. The raise occurred as the number of strikes ...

Bloody crackdown on garment strike in Phnom Penh

A union employee representing striking workers from a factory that supplies Levi’s and Gap was left a bloodied mess near Wat Botum yesterday after police allegedly attacked him. According to rights groups, police set upon Long Panha, of the Cambodian Alliance of Trade Unions (CATU), who ...

http://www.phnompenhpost.com/index.php/2012071257379/National-news/bloody-crackdown-on-garment-strike.html

Interfering officials arrested

Military police in Stung Treng province arrested five government officials yesterday after they forcibly stopped student volunteers from measuring property lines as part of Prime Minister Hun Sen’s national initiative to help settle land disputes. ...

http://www.phnompenhpost.com/index.php/2012071257377/National-news/interfering-officials-arrested.html

Tourism Industry Will Continue to Contribute Economic Growth: Minister

The tourism industry will resume helping the economic growth of the country, Tourism Minister Thong Khon said this week. Currently we lost about 247 million US dollars on other facilities of tourism fields. He adds: “We agreed that the benefits from tourism have 25% leakage as we earn about 1.9 billion US dollars in ...

http://thesoutheastasiaweekly.com/

Brewery answers PM’s call for product exports

Khmer Brewery (KB), a locally owned company that produces Cambodia Beer, has made its first export to Japan, partly in response to Prime Minister Hun Sen’s call in mid-May for local food and beverage producers to push their products abroad. KB public-relations manager Sok Chantha said ...

http://www.phnompenhpost.com/index.php/2012071157337/Business/brewery-answers-pms-call-for-product-exports.html

Rocket Internet launches e-commerce site in Cambodia

A local representative of controversial online start-up incubator Rocket Internet said the company would invest “millions” in Cambodia as it launched a new online retail store yesterday, in what market insiders call a trend toward increasing e-commerce in the Kingdom. The site, shop.com.kh is offered in ...

http://www.phnompenhpost.com/index.php/2012071157333/Business/rocket-launches-e-commerce-site.html

Land Project Sees Second Bribery Suspension

A second police official in Ratanakkiri province has been suspended on suspicion that he demanded money from villagers so that their names could be included on a list of people eligible for land titles as part of Prime Minister Hun Sen’s new titling program, police ...

Water Supply Stock Falls Back to Initial Value

The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...

Dozens of City Offices Privatized

The government last month privatized more than a dozen department and commune offices in some prime locations around Phnom Penh, and will move many of them to Sen Sok district, according to documents and officials. A sub-decree dated June 27 and signed by Prime Minister Hun ...

Clinton visit sparks hope

US Secretary of State Hillary Clinton arrives in Phnom Penh today for diplomatic and business talks with China and ASEAN’s 10 member states, but rights groups and opposition parties are counting on the state of human rights in Cambodia to be a top priority as ...

http://www.phnompenhpost.com/index.php/2012071157348/National-news/clinton-visit-sparks-hope.html

Canada eyes close ties with Cambodia, ASEAN

Canada is willing to build close ties with Cambodia and other ASEAN member states in politics, trade and investment, said Canadian Foreign Minister John Baird on Wednesday. John said that Canada’s International Trade Minister Ed Fast will make a visit to Cambodia next month to ...

http://news.xinhuanet.com/english/world/2012-07/11/c_131709296.htm

Newlyweds targeted with ‘wedding loans’

Phnom Penh Commercial Bank will offer “wedding loans” to newlyweds, a product based on a similar borrowing practice is South Korea. The majority-owned South Korean bank will set aside more than US$1 million for start-up families that don’t want their parents shelling out savings for new ...

http://www.phnompenhpost.com/index.php/2012071157335/Business/newlyweds-wedding-loans.html

UK foreign office minister in Cambodia delivers message of assurance despite EU troubles

Jeremy Browne, UK foreign office minister, told officials in Cambodia during a two-day visit that despite the current problems the European Union is having with its currency union and economies, ASEAN should not be discouraged from pursuing closer economic and even political coordination within the 1.0-member bloc. Speaking at the Council of Ministers in Phnom ...

http://www.etmcambodia.com/index.php

Forte Insurance predictions positive

Charles Cheo, managing director of Forte Insurance, is sanguine on the growth prospects of Cambodia’s US$30 million general insurance market, even though there are five other general insurers competing against Forte, and three new life insurers entering the market. Forte established a presence in Cambodia in ...

http://www.phnompenhpost.com/index.php/2012071157332/Business/forte-insurance-predictions-positive.html

Cambodian rice to be DNA tested

Thailand may not export certain varieties of Cambodian-grown, but Thai-milled, rice internationally due to fears of intellectual property violations. Cambodian Malis rice is very similar to jasmine rice, and Thailand has expressed concerns that it may infringe on the Thai-owned jasmine rice variety. The Ministry of Agriculture has been ...

http://www.phnompenhpost.com/index.php/2012071157331/Business/rice-dna-tested.html

Released Boeng Kak Women Back to Old Ways

Less than two weeks after being released from prison, the 13 women convicted in May for protesting evictions at Phnom Penh’s Boeng Kak community staged their first public action yesterday. The women, joined by about as many neighbors, submitted petitions to the Australian, French, U.K. and ...

High court appeal for Boeung Kak 13

Thirteen Boeung Kak lake women imprisoned after a three-hour trial in May and released last month had appealed their guilty convictions to the Supreme Court, their lawyer said yesterday. “They told us they are completely dissatisfied with the verdict of the Appeal Court, which maintained the ...

http://www.phnompenhpost.com/index.php/2012071157341/National-news/high-court-appeal-for-boeung-kak-13.html

Union boss accused of strike incitement

The president of the Cambodian Alliance of Trade Unions has been summonsed to Kandal Provincial Court to answer incitement and defamation allegations levied against her by the owner of the strike-plagued Tai Yang Enterprise factories. The court complaint comes ahead of major negotiations today in the ...

http://www.phnompenhpost.com/index.php/2012071157345/National-news/union-boss-accused-of-strike-incitement.html

China to lend hand in battle with killer virus

China yesterday pledged to provide medical experts and funding to assist the investigation and clinical management of a virus that has killed more than 60 Cambodian children. Eang Sophalleth, personal spokesman for Prime Minister Hun Sen, told reporters the pledge had been made during a meeting ...

http://www.phnompenhpost.com/index.php/2012071157342/National-news/china-to-lend-hand-in-battle-with-killer-virus.html

Tourism not hurt by outbreak

Cambodia’s tourism sector has emerged from a “mystery disease” scare unscathed, industry insiders said yesterday, although some regional health authorities noted what the World Health Organisation called an outbreak of Enterovirus-71 (EV-71), which has killed at least 52 children in the Kingdom. “The disease has only ...

http://www.phnompenhpost.com/index.php/2012071157336/Business/tourism-not-hurt-by-outbreak-insiders.html

Officer Suspended Over Land Program Graft

A local police official in Ratanakkiri province has been suspended for demanding money from villagers before adding their names to a list of people eligible for Prime Minister Hun Sen’s new land-titling program, police and villagers said yesterday. A total of 1,100 student volunteers are being ...

ASEAN Infrastructure Fund could be within Cambodia's reach

Access to the region’s largest collective financial resource, the ASEAN Infrastructure Fund, could be easier than expected for Cambodia, according to an Asian Development Bank economist. Initiated in May, the fund is expected to lend up to US$4 billion and leverage up to $13 billion for ...

http://www.phnompenhpost.com/index.php/2012071057314/Business/regional-fund-cambodia-adb.html

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