News

Ahead of Vote, Hun Sen Breaks Silence to Make Land Promises

Just days ahead of Sunday’s commune elections, Prime Minister Hun Sen again broke his pledge to remain silent during his party’s campaign period and sought to ease the concerns of communities whose livelihoods have been threatened by land disputes. Speaking to villagers through a mobile telephone, ...

City Hall Installs More Cameras To Monitor Congestion

Phnom Penh City Hall has installed five new surveillance cameras at major intersections around the city in order to help traffic police monitor increasingly congested roads, police and an official at an Internet service provider (ISP) said this week. Paul Blanche-Horgan, CEO of ISP Ezecom—the firm which set up the ...

Group Starts Online Petition to Stop Land Dispute Violence

Hoping to end the cycle of violence in land disputes in Cambodia, and to garner public support for people who are the victims of land grabbing, five concerned citizens held a press conference Friday to announce the launch of their own online petition whose results ...

Samdech PM Appeals Aligning Oil Price to Food Price

Samdech Prime Minister Hun Sen appealed to the world to harmonize energy prices to food prices as food production shouldn’t outstrip the consumption of volatile fuels while food price remains stable, at the 4th workshop on food security and nutrition. Calling it “The Phnom Penh Initiative,” Prime Minister Hun Sen requested that the issue be ...

http://thesoutheastasiaweekly.com/

Cambodia, US Strengthen bilateral ties

Cambodia and the United States on Friday reconfirmed the good bilateral ties as president Barack Obama plans to visit Cambodia in November and this year, Cambodia chairs ASEAN. The two sides welcomed the improved ties between Cambodia and America, Koy Kuong, spokesman at the Ministry of Foreign Affairs and International Cooperation said ...

http://thesoutheastasiaweekly.com/

Government Creates 4 New Fishing Conservation Areas

In an effort to increase fish stocks, the Ministry of Agriculture on Wednesday adopted a sub-decree to create four conservation areas in Kandal, Kompong Cham, Prey Veng and Takeo provinces where all fishing activities will be prohibited. Signed by Prime Minister Hun Sen on April 6, ...

Second rice trial to China

Local rice miller Mega Green said it planned to export about 240 tons of milled rice to the Chinese market by the end of June – a second round of test exports to Cambodia’s northern neighbour. Renne Outh, owner of Mega Green Imex Cambodia, told the ...

http://www.phnompenhpost.com/index.php/2012060156526/Business/second-rice-trial-to-china.html

Cambodia’s largest MFI boosts green farming loans

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 ...

http://www.phnompenhpost.com/index.php/2012060156521/Business/cambodias-largest-mfi-boosts-green-farming-loans.html

Low price slows trade of PPWS on exchange

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 ...

http://www.phnompenhpost.com/index.php/2012060156525/Business/low-price-slows-trade-of-ppws-on-exchange.html

Asia Weakness Heightens Fears of Contagion

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 ...

http://online.wsj.com/article/SB10001424052702303640104577439103464926734.html

Children of Jailed 15 Make Plea for Parents

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 ...

KR Banking Chief Says Institution Was Sham

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 ...

Boeung Kak children’s tearful plea

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 ...

http://www.phnompenhpost.com/index.php/2012060156538/National-news/boeung-kak-childrens-tearful-plea.html

Abused Maid to Remain in Malaysia for Case

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 Plans to Send Second Test Consignment of Rice to China

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 ...

http://oryza.com/Rice-News/15283.html#

Maid complaints on the rise

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 ...

http://www.phnompenhpost.com/index.php/2012060156536/National-news/maid-complaints-on-the-rise.html

Villagers in Land Dispute Questioned by Court

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 ...

KR commerce scrutinized

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 ...

http://www.phnompenhpost.com/index.php/2012060156534/National-news/kr-commerce-scrutinized.html

After Threats to Cut Pay, Garment Workers Strike

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 ...

Long hair a luxury for evictees

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 ...

http://www.phnompenhpost.com/index.php/2012060156528/National-news/long-hair-a-luxury-for-evictees.html

Credit guarantee unit to serve Asean

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 ...

http://www.bangkokpost.com/business/economics/296033/credit-guarantee-unit-to-serve-asean

Agriculture Sector

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 ...

http://www.etmcambodia.com/blog.php?article=213

Southeast Asia's solid economic growth rides over global woes

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 ...

http://uk.reuters.com/article/2012/06/01/uk-seasia-economy-idUKBRE85009U20120601

Research shows Cambodian entrepreneurship tendency

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 ...

http://www.phnompenhpost.com/index.php/2012060156524/Business/research-shows-cambodian-entrepreneurship-tendency.html

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