News

Strike will continue for thousands

Thousands of workers from the Tai Yang Enterprise garment factories, which supply major US brands Levis and Gap, have vowed to continue a two-week strike today after negotiations between the company, union and Labour Ministry officials broke down on Friday. “The minister did not protect ...

http://www.phnompenhpost.com/index.php/2012070957301/National-news/strike-will-continue-for-thousands.html

Daun Penh Vagrants Rounded Up Prior to Asean

Authorities in Daun Penh district rounded up more than 80 homeless people, drug users and prostitutes ahead of this week’s high-level meetings for Asean and regional delegates in Phnom Penh, a district official said yesterday. District governor Sok Sambath said that the 82 people rounded up ...

‘Secessionists’ no-show event

A Friday press conference meant to be an act of defiance and a call for justice from the so-called Kratie “secessionists” was conspicuously short on both, as two accused secessionists failed to appear as promised to demand that the government present credible evidence against them. Instead, ...

http://www.phnompenhpost.com/index.php/2012070957296/National-news/kratie-secessionists-no-show.html

Police Detain Recruitment Agency Chief for Suspected Fraud

The director of a recruitment agency in Siem Reap will face fraud charges today at the provincial court for allegedly taking money from victims in exchange for promised jobs in the U.S., police said yesterday. Hong Bunhav, chief of research and investigations section of the Siem ...

NGOs feel ignored by ASEAN rights council

Despite renewed criticism from civil society and a call for its drafting to be postponed, finalisation of the ASEAN Human Rights Declaration (AHRD) was well under way, officials said yesterday at the beginning of a week of ASEAN meetings. Speaking to reporters after a meeting between ...

http://www.phnompenhpost.com/index.php/2012070957300/National-news/ngos-feel-ignored-by-asean-rights-council.html

Cambodia Reaching New Heights

As much of the world struggles with post growth, Cambodia’s tourism and hospitality sector continued to expand and diversify, attracting more intraregional activity and especially from major emerging markets in Asia, MICE segments, as well as traditional leisure clientele. Like neighboring countries Thailand, Vietnam, Malaysia and Laos, Cambodia has quickly emerged into a well sought-after tourist ...

http://thesoutheastasiaweekly.com/

Ninth Master Suki Soup opens in Phnom Penh

The family hotpot-style restaurant Master Suki Soup has opened its ninth restaurant in Cambodia, on Sothearos Boulevard adjacent to Hun Sen Park, with the newly relocated German Fresh Beer brew pub and German menu upstairs. The soft opening took place on Thursday night as Master Suki ...

http://www.phnompenhpost.com/index.php/2012070957286/Business/ninth-master-suki-soup-in-pp.html

Homing in on the IPO price

From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public Offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...

http://www.etmcambodia.com/search.php?s=The+Week+at+the+CSX&submit=Search

As European leaders try to save the euro, uncertainty about fallout in Cambodia if they don't succeed

It’s after midnight in Sihanoukville and British teenagers are clogging the walkways, pushing past one another to drain free shots at the bars. In Kep, elderly French tourists sun themselves at the upscale Sailing Club while Spaniards and Germans eye the offerings at Phnom Penh’s Central Market. In spite of the growing fears ...

http://www.etmcambodia.com/blog.php?article=502

Cambodia Needs To Develop Qualified Tourism Skills, Private Sector Said

Mr. Luu Meng, president of hotel association in Cambodia said this week that Cambodia needs to develop tourism skills to compete with other countries in the ASEAN region as the kingdom has more opportunity to attract foreign visitors. “Our skills of hospitality are limited in the ...

http://thesoutheastasiaweekly.com/

Police Seize Excavators Used to Dig Reservoirs

A further nine excavators used in the creation of illegal reservoirs have been seized by military police in Kompong Thom province’s Stong district, bringing the total number of machines confiscated this week to 38, police said Thursday. Twenty-nine excavators were seized during raids around the Tonle ...

Volunteering to Tackle the Intractable Issue of Land

Veun sai district, Ratanakkiri – Kitted out in their camouflage uniforms, military boots, belts and Ministry of Land Management baseball caps, the dozen or so student volunteers looked like a stern bunch. There was no smiling as they sat at wooden desks in an open pagoda ...

Drought hits rice fields in northern Cambodia

Two consecutive months of drought have severely damaged thousands of hectares of rice fields in Krokor district and neighboring areas in Pursat province. ...

http://www.etmcambodia.com/news.php?id=164

United Kingdom's Prudential Company invests life insurance in Cambodia

Cambodia has offered the license for the United Kingdom’s Prudential Company to invest the life insurance in the kingdom. The announcement was made during the meeting between UK ambassador to Cambodia Mark Gooding and deputy prime minister and minister of economy and finance, his excellency Keat Chhon in Phnom Penh. “Ministry granted the approval for ...

http://thesoutheastasiaweekly.com/

Electricity Prices to Rise For Thousands of Homes

The state-owned energy supplier Electricite du Cambodge (EdC) will increase the price of electricity in September for tens of thousands of homes in Phnom Penh and three other provinces due to a hike in the cost of energy being supplied by Vietnam, officials said yesterday. Ty ...

Cambodian goods to be certified

The Ministry of Industry, Mines and Energy (MIME) will begin promoting the Institute of Standards of Cambodia (ISC) certifications by the end of 2012 in an effort to educate people about certified goods, according to ministry officials. The program is in order to boost consumer confidence ...

http://www.phnompenhpost.com/index.php/2012070657245/Business/cambodian-goods-to-be-certified.html

Clash thwarts union’s march

Police clashed with strikers as thousands of garment workers from factories that sell to Levi’s and Gap were blocked as they marched from Kandal province towards the capital yesterday, union representatives said. The 4,000-strong group’s march, as threatened by Cambodian Confederation of Trade Unions president Rong ...

http://www.phnompenhpost.com/index.php/2012070657253/National-news/clash-thwarts-unions-march.html

Real estate firm ready for CSX listing

Bonna Realty Group will prepare to list on the Cambodia Securities Exchange, the company’s president said this week. The real estate firm joins a small but growing group of private companies that say they are gearing up for initial public offerings on the new exchange. ...

http://www.phnompenhpost.com/index.php/2012070657246/Business/real-estate-ready-for-csx.html

Rice husk power plant deal signed

Cambodia’s Soma Group yesterday signed a US$3-million deal with Indian company Ankur Scientific, the largest biomass-to-energy company in India, to construct a 1.5-megawatt rice husk power plant in Kampong Cham province. ...

http://www.etmcambodia.com/blog.php?article=503

Remittance Contributes Social And Economic Development

Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population ...

http://thesoutheastasiaweekly.com/

Migrant abuse claims skyrocket five fold

Complaints of rights violations of migrant workers had increased more than 500 per cent in the first four months of 2012 compared with the same period last year, rights group Adhoc said yesterday. The number of individual victims of rights violations, mainly migrant workers in Malaysia ...

http://www.phnompenhpost.com/index.php/2012070657258/National-news/migrant-abuse-claims-mount.html

Long-Running Protest Still Without Resolution

About 2,000 workers at a factory supplying clothes to U.S. brands Levi Strauss, Gap and Old Navy were stopped by security forces yesterday as they attempted to march from Kandal province to the Ministry of Labor to protest for severance payments and additional benefits. Protests at ...

Government to cut power subsidies

The government will drop subsidies for high electricity use, after the Electricity Authority of Cambodia (EAC) reported losses of US$3 million between January and May this year. Households consuming more than 200 KW/h per month will no longer receive a 100 to 200 riel per KW/h ...

http://www.phnompenhpost.com/index.php/2012070657247/Business/govt-to-cut-power-subsidies.html

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