News

Foreigners can lease land for 50 years, says PM

During the government and private sector forum ceremony, Prime Minister Hun Manet underlined that the government has streamlined another mechanism of long-term leasehold rights in addition to the old mechanisms regarding foreigners leasing land. ...

Chhorn Raksmey
https://kiripost.com/stories/foreigners-can-lease-land-for-50-years-says-pm

Around 2,000 workers protest in Phnom Penh and Preah Sihanouk province

Workers from Galey & Lord factory producing jeans went on strike Wednesday for second days after local authorities failed to find solution for them. Some 1,000 workers have been on strike since yesterday to demand the Cambodian administration chief Sok Kong be ousted from the factory ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=YTdlN2ViODBjOTU

Mystery Surrounds Ratanakkiri’s First Special Economic Zone

Construction of a special economic zone (SEZ) near the Vietnamese border in Ratanakkiri province’s eastern O’Yad­aw district is on track, but who exactly will avail of the facility and its services remains a mystery—even for senior provincial officials. The latest announced venture of agro-industry land concession ...

http://www.cambodiadaily.com/business/mystery-surrounds-ratanakkiris-first-special-economic-zone-35235/

Delta Electronics eyes Cambodia expansion

Delta Electronics (Thailand), one of the world’s leading producers of power supplies and electronic components, plans to expand to Cambodia and Myanmar, the Bangkok Post reported on Wednesday. “There is no indication of a specific timeframe for the expansion, but the company sees these countries . ...

http://www.phnompenhpost.com/2013051065533/Business/delta-electronics-eyes-cambodia-expansion.html

Kampot land prices stable

Property experts said the land prices in Kampot province have been “stable” in early 2013 despite trading more actively than last year. Nuon Rithy, managing director at the Bonna Realty Group, said the trading of land in Kampot province is quiet and nothing changes much because ...

http://www.phnompenhpost.com/2013022861646/Real-Estate/kampot-land-prices-stable.html

Unions to Protest Court Ruling in Triple Shooting

Union leaders are planning a demonstration in January to protest the Svay Rieng Provincial Court’s decision last week to drop charges against the former Bavet City governor, Chhouk Bundith, who was the chief suspect in the shooting of three garment factory workers during a violent ...

http://www.cambodiadaily.com

Hedging China risks, Japan firms turn to booming SE Asia

Hiroshi Uematsu had a tough start in Cambodia, where he heads an economic zone that aims to attract business from his native Japan. He arrived just before the global financial crisis sent the Asian Economic Minnow’s exports into a tailspin and dried up investment interest. Now, ...

http://www.moneycontrol.com/news/world-news/hedging-china-risks-japan-firms-turn-to-booming-se-asia_778038.html

Svay Rieng Court Delays Hearings for Ex Bavet City Governor

The Svay Rieng Provinical Court has missed its October deadline to hear the triple shooting case involving former Bavet City governor Chhouk Bundith, a court official said yesterday. A court investigation into the Febuary 20 shooting in a special economic zone that left three garment workers ...

Signs point to more diverse investment projects in Cambodia

The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...

http://etmcambodia.com

Court Completes Investigation of Svay Rieng Triple Shooting

The Svay Rieng Provincial Court has wrapped up an investigation of February’s triple shooting of female garment workers in Bavet City, a case in which the city’s former governor, Chhouk Bundith, is still the only suspect, a court official said yesterday. The court has charged ...

Sihanoukville port sees steady growth

Revenue at Sihanoukville Autonomous Port increased 13.6 per cent year on year between January and June, port officials confirmed yesterday. As the state-owned enterprise gears up for listing on the Cambodia Securities Exchange, the neighbouring Sihanoukville Special Economic Zone will play an increasingly important role in ...

http://www.phnompenhpost.com/index.php/2012070357157/Business/sihanoukville-port-growth.html

Court to Question SEZ Shooting Witnesses Today

The Svay Rieng Provincial Court is scheduled to question two witnesses today over the shooting of three workers at a special economic zone (SEZ) on Feb. 20, investigating Judge Pech Chhoeut said yesterday. “We will question two more witnesses on Thursday,” Judge Chhoeut said. ...

Lawyer Asks to Participate in Shooting Probe

A lawyer representing the three victims of the Feb. 20 shooting of workers at a special economic zone (SEZ) in Svay Rieng province has written to investigators asking to be allowed to participate in the case. Chin Lyda, a lawyer for human rights group Licadho who is representing the three ...

SEZ Shooting Suspect Under Court Supervision

The Svay Rieng Provincial Court has placed former Bavet City Governor Chhouk Bundith under court “supervision” after questioning him last week in connection to the Feb. 20 shooting of three female factory workers, according to investigating Judge Pech Chhoeut. Mr. Chhoeut said the ex-governor was questioned ...

Two SEZ Shooting Victims Questioned Yesterday

The Svay Rieng Provincial Court yesterday questioned two of the three female garment factory workers who were shot during a protest at a special economic zone (SEZ) in Bavet City in February, the provincial prosecutor said yesterday. Keo Nea, 18; Bun Chenda, 21; and Nuth Sokhorn, ...

Villagers Protest Gov’t Plans To Turn Farmland Into SEZ

About 50 people protested in front of Pailin Provincial Hall yesterday against a government plan to turn their farmland in Sala Krao district into a special economic zone (SEZ), villagers and officials said. “It is the villagers that abuse the government land. They took the ...

23,000 Hectares of Land Concessions Approved

The government last month granted four companies a total 23,000 hectares of land concessions for agro-industry projects and a special economic zone (SEZ), according to human rights groups, which said it obtained the information from government documents. An additional 500 hectares inside a wildlife sanctuary were ...

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