News

Bicycle tours take people off the beaten path around Cambodia

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 ...

http://www.phnompenhpost.com/index.php/2012060156522/Business/bicycle-tours-take-people-off-the-beaten-path-around-cambodia.html

Int’l Groups Urge Gov’t To Free Boeng Kak 15

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 ...

Electronics factory to open

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 ...

http://www.phnompenhpost.com/index.php/2012053156501/Business/electronics-factory-to-open.html

Garment Exports Grow 15% in First Quarter

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 backs a rice mill in Takeo

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 ...

http://www.phnompenhpost.com/index.php/2012053156500/Business/canadia-bank-backs-a-rice-mill-in-takeo.html

Borei Keila evictees will be given a lift back to vote

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 ...

http://www.phnompenhpost.com/index.php/2012053156512/National-news/borei-keila-evictees-will-be-given-a-lift-back-to-vote.html

Angkor Gold identifies northeast prospects

Angkor Gold Corp, a Toronto Stock Exchange-listed company, has announced the identification of five new prospects in Ratanakiri province, according to a company statement. the mining firm said it planned to consolidate its gold prospects in the northeastern corner of the country. ...

http://www.phnompenhpost.com/index.php/2012053156499/Business/angkor-gold-identifies-northeast-prospects.html

Hello Mobile Posts 27% Growth in Q1 Revenues

Malaysia-based telecommunications firm Axiata Group said yesterday that revenues at its Hello mobile phone operator in Cambodia grew by 27.3 percent to $2.21 million at the end of the first quarter, compared to the same period in 2011. ...

Land’s ‘owner’ alleges violence

Six residents of the Boeung Chhouk community in the capital’s Russei Keo district have been summonsed to court to answer charges they used violence against the supposed owner of their land – a person they claim never to have met. Khiev Chenda, 42, one of six ...

http://www.phnompenhpost.com/index.php/2012053156506/National-news/lands-owner-alleges-violence.html

Japanese Firm set to Open Plant in Poipet

Japanese electronics firm Nidec Corporation has invested about $37.5 million to establish a factory in Poipet City that will produce parts for computer hard drives ...

Stevia Nutra Corp Establishes Major Cambodian Agriculture Companies

(The Company), an Agro-Management company focused on stevia agronomics, announced that it has incorporated Health Power Trading Company Ltd., a wholly owned BVI subsidiary company and Mighty Mekong Agro Industries Co. Ltd., a Cambodian based wholly owned subsidiary. This strategic move by Stevia Nutra will allow the Company to capitalize on significant labour and technical advantages as ...

http://thesoutheastasiaweekly.com/

Guinea To Buy Milled Rice Product From Cambodia

Guinea will buy 40,000 tons milled rice product from Cambodia in the near future, Eang Sophalet, assistant to Prime Minister Hun Sen said on Friday after the meeting between Samdech Prime Minister Hun Sen and visiting president of Guinea His Excellency Professor Alpha Conde at peace palace in Phnom Penh. ...

http://thesoutheastasiaweekly.com/

Malaysia - Cambodia Trade And Investment Performance 2011

Cambodia and Malaysia trade and investment are increasing subsequently as the two members of ASEAN are trying to boost the integration for ASEAN community in 2015. The report from the embassy of Malaysia here said: as for trade performance in 2012, for the first quarter of 2012, Malaysia recorded an increase of 5.32 percent. Total trade ...

http://thesoutheastasiaweekly.com/

Koh Pich to host ASEAN dinner

The new function building at Diamond Island known as Koh Pich City Hall will host the ASEAN Foreign Minister’s dinner on July 12. Completed in March and opened last month, construction of the lavishly furnished venue was timed to coincide with Cambodia’s chairmanship of ASEAN this ...

http://www.phnompenhpost.com/index.php/2012053156497/Business/koh-pich-to-host-asean-dinner.html

Commune Vote Predictable, but Margins Less So

With Sunday’s commune elections quickly approaching, the five main political parties are all predicting substantial gains over how they faired in the last election in 2007, though none deny that the ruling Cambodian People’s Party (CPP) will continue to dominate the polls. And with the entrance ...

‘Restraint’ watchword at ASEAN meet

The planned theme of yesterday’s ASEAN defence ministers roundtable was military cooperation between countries, particularly in times of natural disaster, but it was a theme invariably pushed to the background by other regional developments. Among them was what appeared to be a cooling-off period in the ...

http://www.phnompenhpost.com/index.php/2012053056478/National-news/restraint-watchword-at-meet.html

SRP Campaign Videos Put Focus on Evictions

While the CPP in Phnom Penh has spent much of the campaign period broadcasting speeches by Prime Minister Hun Sen, hosting music concerts and sending well-known comedians into the streets to work the crowds, the SRP has a starker campaign focus. When the sun sets, 10 ...

Cambodia seeks $200m from China for rice mill

Cambodian government officials and private sector leaders have met with Chinese officials to negotiate a US$200 million loan for the development of Cambodia’s rice sector, an official said on Tuesday. The new loan would focus on the development of the agricultural sector, primarily the construction ...

http://www.phnompenhpost.com/index.php/2012053056468/Business/cambodia-seeks-200m-from-china-for-rice-mill.html

Cambodians shun banks: World Bank report

Cambodian people used banks less than any other country in the Asia-Pacific region last year in percentage terms of using financial services, recent data from the World Bank showed. The report, released this month, also pointed to high growth in the percentage of borrowers, which insiders ...

http://www.phnompenhpost.com/index.php/2012053056467/Business/cambodians-shun-banks.html

SMEs look to regional buyers

Cambodia’s ASEAN Economic Minister yesterday urged small and medium-size enterprises to focus on countries in Southeast Asia, rather than Europe and the United States, for export destinations. Cham Prasidh, also the minister of commerce, said yesterday that regional markets have traditionally held a second place to ...

http://www.phnompenhpost.com/index.php/2012053056469/Business/smes-look-to-regional-buyers.html

91 NGOs Condemn Gov't Violence in Statement

Ninety-one NGOs put their names to a statement yesterday condemning the government’s escalating use of armed force against peaceful protesters and urged the authorities to engage with them to “break the current cycle of violence and impunity.” Joined by local human rights groups such as Adhoc ...

Violent crackdowns decried

Violent land evictions, unlawful prison sentences, shooting deaths and crackdowns on peaceful protests are all on a list of allegations a human rights group is voicing concerns about this week. The Cambodian Human Rights Action Committee condemned the incidents in a statement released on Tuesday, calling ...

http://www.phnompenhpost.com/index.php/2012053056473/National-news/violent-crackdowns-decried.html

Wait Out Elections, Firm in Land Dispute Told

Despite facing criminal charges, 70 villagers from Kompong Chhnang province embroiled in a long-running land dispute with the KDC Development Company have moved back onto the contested land, court officials and villagers said yesterday. KDC, which is owned by Minister of Industry, Mines and Energy Suy ...

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