News

Beijing and Phnom Penh think about becoming sister cities

Phnom Penh and Beijing are in talks to become “sister cities”, chief of the Chinese Embassy’s political section Wang De Xin confirmed yesterday. ...

Jovina Chua
http://www.phnompenhpost.com/national/beijing-and-phnom-penh-think-about-becoming-sister-cities

Nine entry points into city cut off ahead of Kem Sokha’s hearing

At least nine police checkpoints on the major entry points into Phnom Penh have been set up ahead of today’s trial of acting CNRP president Kem Sokha, with the opposition claiming supporters were being hindered from attending a party rally. ...

Mech Dara, Ananth Baliga and Meas Sokchea
http://www.phnompenhpost.com/national/nine-entry-points-city-cut-ahead-kem-sokhas-hearing

Phnom Penh rated one of the world’s least livable cities

Widespread corruption, poor health care and a lack of adequate infrastructure continue to make Phnom Penh one of the least livable major cities in the world, according to the annual Global Livability Ranking, released on Thursday by the Economist Intelligence Unit. ...

Sonia Kohlbacher and Hang Sokunthea
https://www.cambodiadaily.com/news/phnom-penh-rated-one-worlds-least-livable-cities-116895/

Report confirms residential oversupply

The latest report on the state of Phnom Penh’s property market makes bleak reading for investors and those betting on a lucrative future in the short-term. ...

Post Staff
http://www.phnompenhpost.com/post-property/report-confirms-residential-oversupply

Yusen opens perishables storage facility in Cambodia

Japan-based Yusen Logistics has opened one of Cambodia’s largest temperature-controlled distribution center in Phnom Penh, which is becoming a significant air cargo destination for its textiles and perishable exports. The 33,000-square-foot facility has almost twice the capacity of the existing warehouse and includes a 4,237-square-foot ...

Lewis King
http://aircargoworld.com/yusen-logistics-opens-perishables-storage-facility-in-cambodia/

City bus drivers quit after wage dispute goes unresolved

Ten employees of Phnom Penh’s struggling bus service resigned Monday, while about 30 went back to work after a weekend protest over unpaid wages failed to sway the bus company’s stance on the matter. ...

Ouch Sony
http://www.cambodiadaily.com/news/city-bus-drivers-quit-after-wage-dispute-goes-unresolved-69762/

Beggars set for Prey Speu: city

After months of claiming that Phnom Penh’s notorious Prey Speu Social Affairs Centre had all but shut down, officials yesterday told the Post that the facility would be used in its latest efforts to rid the streets of “undesirables”. City Hall spokesman Long Dimanche said that ...

Sen David and Alice Cuddy
http://www.phnompenhpost.com/national/beggars-set-prey-speu-city

Firm’s Split From Boeng Kak Project Confirmed

The Chinese firm that was financially backing an ambitious project to develop Phnom Penh’s Boeng Kak neighborhood has pulled out, Chinese Embassy and company officials have confirmed, and no other investor appears to have taken its place. That makes the Erdos Hongjun Investment Corporation at least ...

Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/firms-split-from-boeng-kak-project-confirmed-64318/

Union Leader Released; ‘Free the 23’ Protests To Continue

Phnom Penh police released union leader Sok Chhun Oeung from custody Monday, a day after dragging him off the street at a peaceful protest he had organized along Phnom Penh’s riverside against the detention of 23 men still in jail for participating in demonstrations over ...

Aun Pheap
http://www.cambodiadaily.com/news/union-leader-released-free-the-23-protests-to-continue-50902/

Turkey, Czech open embassies in Cambodia

The countries of Turkey and the Czech Republic have opened permanent embassies in Phnom Penh, Cambodia, according to Koy Kuong, spokesman for the Ministry of Foreign Affairs and International Cooperation on Wednesday. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MTNjNDhiOWY2MzY

Economic zone may go public

The Phnom Penh Special Economic Zone (PPSEZ) plans to raise money to fund an expansion through an initial public offering, a senior official from the Securities and Exchange Commission of Cambodia (SECC) said yesterday. If successful, PPSEZ could become one of the few companies to list on ...

May Kunmakara
http://www.phnompenhpost.com/business/economic-zone-may-go-public

Transparency NGOs Call for CPP to End Parking Corruption

A group of NGOs released a statement Thursday calling on the CPP government of Prime Minister Hun Sen to begin its program of promised post-election reforms by ending the practice of overcharging for motorcycle parking outside of local markets. The Affiliated Network for Social Accountability-Cambodia, a ...

Ben Sokhean and Alex Willemyns
http://www.cambodiadaily.com/news/transparency-ngos-call-for-cpp-to-end-parking-corruption-48213/

More Youth Involvement Needed To Settle Land Disputes, Groups Say

Local NGOs on Friday urged more participation in land dispute resolution by the nation’s youth. Youth participation can mean better laws, better application of those laws and greater respect for citizens, “especially for farmers and the poor,” said Chhit Sam Ath, executive director of the NGO ...

Kong Sothanarith
http://www.voacambodia.com/content/more-youth-involvement-needed-to-settle-land-disputes-groups-say/1795721.html

Committee Approves $25 Million Budget for National Assembly

The CPP-controlled Permanent Committee of the new National Assembly has approved a $25-million budget to cover the Assembly’s costs for the coming year, despite the continued absence of nearly half the 123-member body’s elected lawmakers. The opposition CNRP’s 55 lawmakers-elect have been boycotting the Assembly since ...

Hul Reaksmey
http://www.cambodiadaily.com/news/committee-approves-25-million-budget-for-national-assembly-45434/

Governor Takes to the River to Promote Flood Response

A fleet of five speedboats set off from Sisowath Quay on Tuesday afternoon carrying Phnom Penh’s governor, 19 local officials, several bodyguards and a press team, as the municipal authorities’ plan to deal with flooding in several districts of the city switched into first gear. Over ...

Ben Sokhean and Simon Henderson
http://www.cambodiadaily.com/news/governor-takes-to-the-river-to-promote-flood-response-44147/

SBC Bank Signs JCB Card Issuance MOU in Cambodia

Singapore Banking Corporation Ltd. (SBC Bank), a leading commercial bank in Cambodia, signed a memorandum of understanding with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, for the issuance of JCB cards in Cambodia. A ceremony to commemorate the milestone moment was held ...

The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YWI4OTU3NmNkYmR#sthash.uvnJElMQ.dpuf

Cambodia's construction continues strong growth in H1: minister

Investments in Cambodia’s construction sector have continued to grow sharply in the first six months of the year thanks to sound economic growth and investors’ trust in the country’s political stability, Im Chhun Lim, the country’s Minister of Land Management, Urban Planning and Construction, said ...

Global Times News Staff
http://www.globaltimes.cn/content/810044.shtml#.Ui69otKBmN8

Activists Blame Short Contracts for Strikes

Labor activists at the bi-annual Buyers Forum in Phnom Penh on Thursday said that short-term contracts in Cambodia’s garment industry were fueling the high number of strikes affecting the industry. “Most of [the disputes] are over dismissals or dismissals of union leaders and the reason why ...

Dene-Hern Chen
http://www.cambodiadaily.com/business/activists-blame-short-contracts-for-strikes-41832/

Calls for Boeung Kak Activist’s Release Renewed on One-Year Anniversary

Cambodian and international rights groups have renewed their calls for the release of Phnom Penh housing rights campaigner campaigner Yorm Bopha one year after her arrest, urging the public and national leaders not to forget her during the country’s current political deadlock. Global watchdog Amnesty International ...

Radio Free Asia
http://www.rfa.org/english/news/cambodia/yorm-bopha-09032013201419.html

Property prices stagnant following election

Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...

Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election

Sokimex Orders Businesses Off Prime Real Estate

Dozens of business owners occupying more than 8,000 square meters of prime real estate behind Phnom Penh’s Wat Ounalom have been ordered to vacate their premises by the local conglomerate Sokimex Group, an official from the firm said Wednesday. Though the firm declined to say what ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/sokimex-orders-businesses-off-prime-real-estate-41237/

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