News

Residents tell tycoon to back off

Families protesting encroachment onto their land by a tycoon who is expanding a road in Phnom Penh’s Meanchey district filed a complaint to the Prime Minister’s cabinet and the Municipal Court on Tuesday. On Friday, employees working for tycoon Thong Sarath demolished fences on eight ...

http://www.phnompenhpost.com/index.php/2011080450856/National-news/land-dispute-residents-tell-tycoon-to-back-off.html

Complaint over violence

Twenty-nine community representatives from Kampong Speu’s Phnom Sruoch district travelled in person to the National Assembly building in Phnom Penh yesterday to file a complaint against provincial governor Kang Heang and other officials, accusing them of “robbing a total of 950 hectares of farm land”.  ...

http://www.phnompenhpost.com/index.php/2011080450865/National-news/complaint-over-violence.html

City Hall Calls On Angkor Beer Promoters to Protest Peacefully

Phnom Penh City Hall yesterday warned Angkor Beer promoters to protest peacefully until a resolution could be reached on their pay claims, a union representative said. Protests held by the Angkor Beer promoters turned violent on Tuesday evening, with one promoter hospitalized after protestors clashed ...

Two Khmer Papers Told to Halt Publishing

The Ministry of Information on Tuesday ordered two Khmer-language newspapers owned by the same publisher to halt publication for failing to follow ministry rules. In a notice signed by Minister of Information Khieu Kanharith, Phnom Penh-based The Water and Fire News and The World newspapers ...

Petrol prices squeeze domestic consumers

Soaring prices for gasoline and goods have hurt some Cambodian consumers, causing what economists have said was a drop in the living standard of the Kingdom’s lower-income population. Gasoline traded at 5,300 riel per litre in Phnom Penh yesterday, an increase of about  12 percent ...

http://www.phnompenhpost.com/index.php/2011080350825/Business/petrol-prices-squeeze-domestic-consumers.html

Vattanac in damage denial

A top executive from Cambodian company Vattanac yesterday denied the firm had damaged colonial-era buildings along the capital’s riverfront, as one local business owner sought a new home. Construction at a Vattanac building site – situated on Phnom Penh’s Sisowath Quay – has been at ...

http://www.phnompenhpost.com/index.php/2011080350834/National-news/vattanac-in-damage-denial.html

CAMBODIA-NORTH KOREA UPDATE BILATERAL AGREEMENTS

Cambodia and Democratic People’s Republic of Korea (DPRK) have inked the agreements to expand bilateral trade, technologies, agriculture, industry, investment and the health sector, and both sides also are trying to boost close ties for mutual benefits while both nations’ trading has been reported to be ...

http://thesoutheastasiaweekly.com/?p=1301

Officials to Enforce Court Order to Halt Bassac Garden Work

Further development of Bassac Garden City is to be halted after a court order was issued. This means that no more “construction, selling, renting, pawning, giving as donation, bequeathment or transference of ownership of the 3,000 square meters of land,” can happen. There is currently ...

PetroVietnam Fertilizer Opens Cambodian Branch

PetroVietnam Fertilizer and Chemicals Joint Stock Company (PVFCC) opened a branch in Cambodia in order to facilitate the direct sale of their imported fertilizers to farmers directly. The company gave away 25 tons of fertilizer free in Battambang province in order to celebrate the opening. ...

Bus Company’s Partner Involved in Similar Crash

Kampuchea Angkor Express and Virak Buntham Express Travel, two bus companies that share a fleet of busses and operate services running between Siem Reap, Cambodia and Ho Chi Minh City, Vietnam have both been involved in bus crashes recently. A number of passengers were injured ...

Riverside Site Not Ours, Says Vattanac

Vattanac Properties Ltd’s president has denied ownership of a building site where construction has damaged the surrounding block of historic French Colonial era buildings. Chhung Leang who is also a cofounder of Vattanac Bank has said that the site is owned by an individual but ...

Vattanac Sends Employees to Inspect Damage Buildings

A week after government officials ordered Vattanac Properties to halt work on a construction site causing damage to a string of colonial-era building along Phnom Penh’s SIsowath Quay, representatives from the company arrived at the scene yesterday to inspect the affected buildings. Three Vattanac employees, ...

French Scholar ‘Shocked’ Over Damage to Riverside Home

Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...

Carlsberg investigates beer strike

Carlsberg has said it is investigating a strike by Angkor beer promoters, who yesterday vowed to continue in their bid for fair treatment.  More than 30 beer promoters have been striking since last Monday, accusing Angkor brewer Cambrew of refusing to pay overtime despite a ...

http://www.phnompenhpost.com/index.php/2011080150758/National-news/carlsberg-investigates-beer-strike.html

Minister urges ties with Asian nations

Cambodia must further integrate with its East Asian neighbours for future economic development, said Minister of Economy and Finance Keat Chhon. The financial crisis highlighted the need to diversify production, and Asia’s markets are ripe for increased Cambodian exports, he said. Speaking at the 7th ...

http://www.phnompenhpost.com/index.php/2011080150774/Business/minister-urges-ties-with-asian-nations.html

Smart in internet launch

SMART Mobile yesterday announced the official launch of its 3.75G data service, a key part of the company’s strategy to capture Cambodia’s burgeoning mobile internet market. The firm estimated its 3.75G would allow for data download speeds of up to 21 megabits per second and ...

http://www.phnompenhpost.com/index.php/2011080150773/Business/net-surfing-smart-in-internet-launch.html

Police warn beer protestors

Police have told beer promoters protesting outside Cambrew Ltd. offices in Phnom Penh to quiet down as their strike goes into the third day. The strikers who promote Angkor Beer are asking that the brewery honor a decision by the Arbitration Council to award them ...

http://www.phnompenhpost.com/index.php/2011072850689/National-news/police-warn-beer-protesters.html

Tycoon lands surprise

Mong Reththy, former advisor to Prime Minister Hun Sen has said that investors should use local residents on their land concessions rather than evicting them and hiring outsiders. According to a US diplomatic cable released by WikiLeaks Mr. Reththy is “Hun Sen’s Money Man” and ...

http://www.phnompenhpost.com/index.php/2011072850694/National-news/tycoon-lands-surprise.html

Digging up trouble at riverside work site

Work supposedly began again at a construction site along Sisowath Quay after authorities had put a stop to it the day before due to damage being caused to surrounding buildings. 11 families have been evacuated as a result and local business have had their properties ...

http://www.phnompenhpost.com/index.php/2011072850693/National-news/digging-up-trouble-at-riverside-work-site.html

Protesting Beer Promoters Say Company Threatened Firings

According to more than 30 Angkor Beer promoters who are protesting Cambrew Ltd’s failure to comply to an Arbitration Council ruling, the company has threatened them with firings. The protestors plan on continuing the strike until the company meets their demands. The Cambodian Food and ...

Officials Fear Collapse of Riverside Buildings

Ministry of Land Management officials have said that colonial-era buildings along Phnom Penh’s riverside could collapse as a result of damage received from construction next door. The buildings along the Sisowath Quay could be in an even more perilous position as a result of the ...

Vietnam businesses eyeing the Kingdom

Vietnam businesses are looking to invest in Cambodia but are faced with a shortage of skilled labor and high transportation costs. The Oversea Entrepreneur Forum in Phnom Penh saw over 100 firms meet to discuss potential partnerships.  It has also been said that further cooperation ...

http://www.phnompenhpost.com/index.php/2011072750651/Business/vietnam-businesses-eyeing-the-kingdom.html

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