News

Cambodian microfinance institution PRASAC says it is bolstering its green credentials by increasing loans for eco-friendly farming methods in the kingdom. President and CEO of PRASAC, said the institution is “committed to providing and developing more green financing to the rural people for their livelihood ...

The price of Phnom Penh Water Supply Authority shares have fluctuated only US$0.04 during the past 12 days of trading. The low price and a lack of liquidity on the market may account the low volume of shares traded, insiders said, which averaged at 55,773 during ...

Manufacturing activity in China and across a wide swath of Asia slowed in May, heightening fears that the turmoil in Western economies is dragging down one of the few remaining engines of global growth. Two purchasing managers indexes for China fell in May, briefly rattling investors ...

Relatives and neighbors sang, cried and pleaded outside the Ministry of Justice yesterday for the release of the 14 women and one man arrested last week for protesting against CPP Senator Lao Meng Khin’s controversial Boeng Kak real estate project. Worried by reports that the World ...

On his first day of questioning at the Khmer Rouge tribunal yesterday, Sar Kim Lomouth, the deputy director of the State Bank of Democratic Kampuchea, described how the national financial institution was nothing but a charade during the Pol Pot regime. Currency had been abolished and financial transactions eliminated under ...

Children of imprisoned Boeung Kak lake women pleaded for their mothers’ release outside the Ministry of Justice yesterday. The demonstration, which included more than 200 Boeung Kak residents and activist monk Loun Savath, was held on the eve of International Children’s Day. It also coincided with more ...

A hospitalized Cambodian woman who was severely beaten and subjected to humiliating abuse while working as a maid will remain in Malaysia to see out the legal process against her Malaysian employers, an official said yesterday. Tan Mong Huwai, 36, and his wife, Eng Lay Sang, ...

Cambodia is planning to send a second consignment of 40 tons of milled rice to China as a part of the approval process for rice exports to China. In April, China had rejected a sample consignment of about 48 tons ...

The number of complaints filed in Kampong Chhnang province by the families of maids working in Malaysia has jumped exponentially compared to the same period last year, a rights worker told the Post yesterday. Provincial Adhoc coordinator Soum Chankea said 39 requests for the NGO’s intervention ...

The Phnom Penh Municipal Court yesterday questioned four Russei Keo district villagers from two families who have been embroiled in a land dispute for two years with a local businessman, lawyers said yesterday. The families are accused of physically attacking landowner Lao Tong Ngy, a man ...

Democratic Kampuchea’s commerce committee was under the leadership of co-accused Khieu Samphan and Ieng Sary, testimony by former national bank deputy director Sar Kimlomouth revealed yesterday at the Khmer Rouge tribunal. Although the Khmer Rouge regime had eliminated currency and attempted to turn the nation into ...

Nearly 2,000 workers at the Gawon Apparel Co. garment factory in Kandal province’s Takhmao City protested in front of the factory yesterday after they were informed that they would lose pay for any days missed during the commune election, which takes place Sunday, union representatives ...

Kheng Chen had her hair cut in January and sold it to a broker for just under US$8. She isn’t happy with the close-cropped style because it makes her look older than her 48 years. But when Kheng Chen grows her hair back in a few ...

The Credit Guarantee and Investment Facility (CGIF), an agency set up by Asean+3 and the Asian Development Bank to help develop local-currency bond and cross-border bond markets in the region, has started to operate, says chief executive Kiyoshi Nishimura. He said the CGIF will fill in ...

A better outlook for the price of Cambodian major crops, especially cassava and soybeans, drives the upward revision of growth of the other crops subsector. This in turn leads to a marginal upward revision of growth of the agriculture sector to an annualized rate of 4.6 percent, from 4.5 percent in our January ...

Southeast Asia is showing stronger signs of resilience to global turbulence than the rest of Asia as buoyant domestic spending offsets struggling exports, while low debt levels give governments more room than their cash-strapped counterparts in the West to deliver stimulus. On Thursday, the Philippines became ...

Ninety–nine per cent of Cambodians have a television set in their home, according to data compiled by Indochina Research. “We know everybody watches television,” said General Manager Laurent Notin. “Television is the most trusted media channel for Cambodians.” The saturation of television is only one of the ...

Cycling is becoming increasingly popular in Cambodia, and bicycle tours are being seen as an active and exciting way for tourists to see the less noticed parts of the kingdom, said Adam Platt-Hepworth, the regional manager of Grasshopper Adventures, a bike tour company. Grasshopper Adventures, at ...

Freedom House and several other international human rights groups condemned the conviction of 13 Phnom Penh women last week who are locked in a land dispute with CPP Senator Lao Meng Khin and called for their release in a joint statement issued Tuesday. The women were arrested ...

A US$37.9 million base plate factory will launch in June in the northwestern province of Banteay Meanchey, Japanese electronics manufacturer SC WADO Component Co said yesterday in a statement. The entry of SC WADO, a subsidiary of Nidec Electronics, was another step in Cambodia’s march away ...

Garment and footwear exports from Cambodia increased 15.29 percent to $1.29 billion in the first three months of the year compared to the same period in 2011, according to figures released yesterday by the Ministry of Commerce. While exports to the European Union rose 46.76 percent to $376.14 million in ...

Canadia Bank will launch a rice mill in Cambodia’s Takeo province in October, a move that insiders said could help curb the flow of unmilled rice to neighbouring Vietnam. Bank officials yesterday said they will buy US$3 million in milling equipment, and the total cost of ...

Borei Keila evictees will have a chance to revisit the area they were forcibly evicted from this Sunday when authorities truck them back from the makeshift tents of their relocation site for a special purpose – to vote. Touch Khorn, a representative of the Borei Keila ...

This month’s eviction of villagers in Kratie province that resulted in the death of a 14-year-old girl was one of many such violent incidents over land that have erupted in Cambodia in recent years. But what set the May 16 violence apart was a word: ...