News

Regional peers urge gov’t to probe deaths

An organisation made up of current and former elected representatives from across Southeast Asia has called on the United Nations to investigate the deaths of two people shot by police during protests over the past three months. In a statement released yesterday, ASEAN Parliamentarians for Human ...

Eddie Morton
http://www.phnompenhpost.com/national/regional-peers-urge-gov%E2%80%99t-probe-deaths

Higher tax, healthier kids: study

A World Bank report highlighting the rate of Cambodian children exposed to second-hand cigarette smoke has bolstered calls to increase tobacco taxes threefold. The World Bank report, which was released on November 20 and titled Risking Your Health, claims nearly 50 per cent of all Cambodians under ...

Eddie Morton
http://www.phnompenhpost.com/national/higher-tax-healthier-kids-study

Siem Reap hotel gets new owner

Minor Hotel Group Ltd (MHG), a wholly owned subsidiary of Thailand-listed Minor International Public Company Limited (MINT), has acquired majority ownership of Siem Reap-based Sothea Boutique Resort to strengthen MINT’s presence in Southeast Asia. After the $6.4 million deal, the Sothea Resort will be rebranded ...

Post Staff
http://www.phnompenhpost.com/business/siem-reap-hotel-gets-new-owner

Mekong basin countries target double-digit tourism growth

Five Southeast Asian countries, Cambodia, Laos, Myanmar, Thailand and Viet Nam, are targeting a double-digit growth rate of international visitors annually by 2015 under the theme “Five Countries – One Destination”, according to Hoang Tuan Anh, Viet Nam’s Minister of Culture, Sport and Tourism. In a ...

VietNamNet Bridge Staff
http://english.vietnamnet.vn/fms/travel/84268/mekong-basin-countries-target-double-digit-tourism-growth.html

Kingdom’s hoofed species need conservation: WWF

Diminishing populations of hoofed animals in Southeast Asia have hit Cambodia hard, with numbers of one of the Kingdom’s indigenous species dropping by 90 per cent. The current banteng census shows an 80 per cent drop in the world’s banteng population and a 90 per ...

Sean Teehan
http://www.phnompenhpost.com/national/kingdom%E2%80%99s-hoofed-species-need-conservation-wwf

Sales of large home appliances rise 20 pct

Cambodian consumer spending on major domestic appliances such as air conditioners, refrigerators, washing machines and microwave ovens, saw a roughly 22 per cent year-on-year increase over the first six months of 2013, according to Germany-based research institute GfK. The rise comes alongside a 20 per cent ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/sales-large-home-appliances-rise-20-pct

Cambodia, Vietnam seen boosting medical tourism offerings

Cambodia and Vietnam are enhancing their medical tourism offerings, the International Medical Tourism Journal reported Friday. “In medical tourism, Southeast Asia is a key and fast advancing market. Cambodia and Vietnam now want a share of the action that Singapore, Thailand and Malaysia have,” the journal ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjgwOGQwMjBkMzA

Cambodian insurance industry sees 25 pct growth in first half

Cambodia’s insurance sector earned a total premium of 22 million U.S. dollars in the first six months of the year, up 25 percent from the 17.6 million U.S. dollars it made over the same period last year, the industry’s figures showed Tuesday. The premiums were from ...

http://news.xinhuanet.com/english/business/2013-08/06/c_132607310.htm

Bribes remain rampant: TI

Despite facing a rampant graft problem that has seen Cambodians paying bribes far more often than their regional neighbors, they have growing faith in the government’s ability to fight it, a Transparency International survey has found. TI’s 2013 Global Corruption Barometer, which measures perceptions of corruption ...

http://www.phnompenhpost.com/national/bribes-remain-rampant-survey

Toyota seeks expansion in Cambodia, emerging markets

Toyota Motor Corp, the world’s largest automaker, is planning to expand their operations in Cambodia as well as other emerging markets. The move is a push to attract new first time-buyers of automobiles and get about half of global sales from the emerging markets. Toyota plans to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NzdiZTIzMDNhZDQ

Try Pheap given OK to harvest yellow vine

Logging baron Try Pheap’s MDS Import Export Co, Ltd has been granted a licence to collect and process the controversial plant known as yellow vine around the Stung Atay hydropower dam in the Cardamom Mountains, according to documents received by the Post yesterday. The vine has ...

http://www.phnompenhpost.com/2013060466045/National/try-pheap-given-ok-to-harvest-yellow-vine.html

7 Cambodian Workers Arrested at Nike Contractor

Cambodian police clashed Monday with workers at a factory that makes clothing for the U.S. sportswear company Nike, arresting seven, in the latest violence linked to a strike over salaries, union organizers and rights activists said. The protest at the Taiwanese-owned Sabrina (Cambodia) Garment Manufacturing plant ...

http://abcnews.go.com/International/wireStory/cambodian-workers-arrested-nike-subcontractor-19311324#.Ua1mckDTxe9

Local banks gain trust: survey

Nearly nine out of 10 Cambodians have confidence in local financial institutions, a trend that stands in sharp contrast to Europe and the US, a poll published last week found. However, industry insiders question the results, as the Kingdom’s financial services are still under-developed. The poll ...

http://www.phnompenhpost.com/2013052765847/Business/local-banks-gain-trust-survey.html

Regional pharma producers eye Kingdom

International pharmaceutical companies are increasingly looking to sell their products to Cambodia, although the market is full of obstacles, according to experts. After several big international players announced sales expansion plans, two companies from Indonesia, a major manufacturing hub in Southeast Asia, are planning to follow. Kalbe ...

http://www.phnompenhpost.com/2013052465819/Business/regional-pharma-producers-eye-kingdom.html

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