News

Tourism turmoil continues

Cambodia Association of Travel Agents president Ang Kim Eang yesterday released a statement denying all allegations of wrongdoing against him by some members of the association’s board who have called for his resignation. Last Wednesday, 11 of CATA’s 15 board members signed and thumb-printed a petition ...

http://www.phnompenhpost.com/index.php/2011122753627/Business/tourism-turmoil-continues.html

Sand dredging deja-vu

They thought the days of scenic sunsets ruined by the noise and pollution of dredgers on the Tatai River were over, but villagers and business owners in the popular tourism destination now say they were duped in a promise from ruling party Senator Ly Yong ...

http://www.phnompenhpost.com/index.php/2011122753640/National-news/sand-dredging-deja-vu.html

Investment needed to hit rice target

Cambodia needs at least another $120 million of investment in rice mills if it is to meet the government’s 2015 target of exporting 1 million tons of rice, Agriculture Minister Chan Sarun said yesterday. While rice exports from Cambodia this year have seen a significant increase ...

After record high, garment exports slow

As predicted by the International Monetary Fund and World Bank earlier this year, growth in Cambodia’s garment sector has started to slow due to weakening demand from markets in the US and Europe. According to the latest figures released by the Garment Manufacturers Association in Cambodia ...

Hun Sen calls off deals on protected land

Prime Minister Hun Sen yesterday ordered an end to all private land deals inside the country’s protected areas and warned local businessmen and officials against making such illegal deals. “All official paperwork in connection with natural protected areas is invalid,” he said while speaking at the ...

Probe under way on military logging case

The Anti-Corruption Unit (ACU) has launched an investigation into an October 2010 incident in which three RCAF soldiers allegedly opened fire on Forestry Administration officials who had just confiscated a haul of illegal wood, one of the officials involved said yesterday. An RCAF official, meanwhile, said ...

Maid's cause of death sparks investigation

Government authorities are investigating the death of a migrant domestic worker in Malaysia after her family and rights groups raised questions about the stated cause of death from a lung infection, a relative of the deceased woman said yesterday. Na Rith, 42, said his cousin Ouk ...

http://www.phnompenhpost.com/index.php/2011122653616/National-news/maids-cause-of-death-sparks-investigation.html

Preah Vihear families seek top-level intervention

Families continuing to defy eviction orders in Preah Vihear fear police and authorities will use violence to remove them from their homes this week, villagers told the Post yesterday. Representatives of Svay Chum village in Choam Ksan district’s Kantuot commune trekked to Phnon Penh on Friday ...

http://www.phnompenhpost.com/index.php/2011122653620/National-news/preah-vihear-families-seek-top-level-intervention.html

Unions seek changes to labour law

Union leaders are calling for 10 changes to be made to the draft law that will regulate them, including allowing civil servants to form unions, they said yesterday, following a letter calling for two ministers to intervene late last week. The Cambodian Trade Union Coordination Council ...

http://www.phnompenhpost.com/index.php/2011122653621/National-news/unions-seek-changes-to-labour-law.html

Inflation dips in November

The Kingdom’s inflation rate fell month-on-month in November for the first time all year, dropping 0.7 per cent from October, according to National Institute of Statistics data. However, year-on-year inflation in November increased 5.7 per cent, the NIS reported. “We see that we got a bigger supply ...

http://www.phnompenhpost.com/index.php/2011122653610/Business/inflation-dips-in-november.html

Kingdom's exports up 42% on garments, food

Cambodia’s total exports surged 42 per cent through November to US$4.5 billion from $3.16 billion, official data from the Ministry of Commerce showed, as the Kingdom’s staple products of garments, textiles and agriculture led the move. Rising global demand, new trade agreements with regional neighbours and ...

http://www.phnompenhpost.com/index.php/2011122653607/Business/kingdoms-exports-up-42-on-garments-food.html

Cambodian rice output grows in 2011 despite floods

Cambodia’s total paddy rice output reached 8.4 million tonnes in 2011, up from 8.25 million tonnes last year, according an initial assessment by the Ministry of Agriculture, Forestry and Fisheries. Provincial MAFF officials from across the Kingdom met in Phnom Penh on Saturday, when data was ...

http://www.phnompenhpost.com/index.php/2011122653608/Business/cambodian-rice-output-grows-in-2011-despite-floods.html

Pakistan, Cambodia talk economic ties

Pakistan and Cambodia yesterday discussed strengthening economic ties in areas such banking and transportation, a government official said. Ambassador of Pakistan Fazal-ur-Rahman Kazi and Cambodia’s Deputy Prime Minister Sok An considered an agreement on the protection of trade and investment, Ek Tha, spokesman for the Council ...

http://www.phnompenhpost.com/index.php/2011122353574/Business/pakistan-cambodia-talk-economic-ties.html

Climate onus on government: poll

Most Cambodians believe it is the government’s responsibility to respond to climate change, but are unclear about who in government should take the lead, according to a survey discussed by officials at a workshop on climate change yesterday. The survey, Understanding Public Perceptions of Climate Change ...

http://www.phnompenhpost.com/index.php/2011122353583/National-news/climate-onus-on-govt-poll.html

New securities dealer launches in Kingdom

Golden Fortune Securities, a Cambodian-Chinese joint venture and the Kingdom’s second securities dealer, officially opened its doors yesterday. The company was the most recent of Cambodia’s 13 licensed dealers, brokers and underwriters to launch operations. A date for company listings, or actual Cambodia Securities Exchange operations, was ...

http://www.phnompenhpost.com/index.php/2011122353575/Business/new-securities-dealer-launches-in-kingdom.html

Digital content key to growth for Kingdom's telecom firms

CAMBODIAN telecoms must produce digital content to remain competitive in the country’s crowded sector, experts said yesterday. However, others claimed the consumer market for that content was still too small. A lack of domestically produced TV programs, websites and other digital offerings has Cambodia’s estimated 755,000 internet ...

http://www.phnompenhpost.com/index.php/2011122253557/Business/digital-content-key-to-growth-for-kingdoms-telecom-firms.html

Shine on Pailin gems seen fading

THE precious stone industry in Pailin province is facing bankruptcy as supplies dwindle and locals turn to agriculture as their main source of revenue, provincial authorities told the Post. Pailin, long known for its rubies, sapphires and other precious stones, now depends on foreign imports to ...

http://www.phnompenhpost.com/index.php/2011122253558/Business/shine-on-pailin-gems-seen-fading.html

Mob breaks evictee into home

A PROTEST on the fifth storey of a residential high-rise in Borei Keila ended with authorities fleeing the scene and incensed villagers breaking down a door yesterday. About 50 villagers converged on the site to protest against Phan Imex and authorities evicting a man from his ...

http://www.phnompenhpost.com/index.php/2011122253561/National-news/mob-breaks-evictee-into-home.html

Prey Lang protesters on run after police allegedly pay a visit

TWO activists involved in last month’s Prey Lang forest protest against illegal logging fled their houses yesterday in Sandan district in an attempt to evade local authorities, villagers reported. Roeun Sopheap, village representative in Sandan commune, said he fled his home yesterday after finding several police ...

http://www.phnompenhpost.com/index.php/2011122253568/National-news/prey-lang-protesters-on-run-after-police-allegedly-pay-a-visit.html

Unions to request litany of changes to draft law

A group of five unions plans to send a petition to the Ministry of Labor on Friday requesting a number of changes in the controversial draft union law. Speaking at a conference in Phnom Penh yesterday, Cambodian Confederation of Unions President Rong Chhun detailed the requests ...

Hun Sen sets out northeast development plans

Prime Minister Hun Sen yesterday outlined the government’s plans to spur economic growth in the northeast of the country through implementing a wide range of projects in sectors such as agriculture and the extractive industries. Rights workers have warned that little information on the plans for ...

Assembly votes for first pesticide law

The National Assembly yesterday passed Cambodia’s first law on pesticide and chemical fertiliser control, which the government hopes will regulate the use and sale of dangerous chemicals on agricultural products. Currently, hazardous pesticides are sold with little regulation and often without proper labeling that instructs farmers ...

ADB offers $15m loan for financial-sector growth

Cambodia and the Asian Development Bank have signed their latest loan agreement of US$15 million for the development of the Kingdom’s financial sector, according to ADB. The money would be used for a number of development programs, including the improvement of regulatory regimes, creation of an ...

http://www.phnompenhpost.com/index.php/2011122153521/Business/adb-offers-15m-loan-for-financial-sector-growth.html

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