Chainsaws stayed busy in past year
The extent of the devastation of Cambodia’s forests was brought into sharp relief as 2013 drew to a close, with a series of detailed maps and satellite data released by NGOs showing the drastic depletion of the Kingdom’s woodland ecosystems. Images released by Open Development Cambodia ...
Banks Urged to Divest From Ratanakkiri-Based Rubber Firm
Environmental campaign group Global Witness on Thursday called on the International Finance Corporation (IFC) and Deutsche Bank to divest immediately from a Vietnamese firm whose rubber plantations in Cambodia are accused of rampant illegal logging and forced evictions of indigenous communities. The call came exactly six ...
Hun Sen Hopes for Increased Rubber Exports
Prime Minister Hun Sen said Wednesday that he hoped land being registered to rural families as part of the government’s nationwide land-titling program would be used to cultivate rubber trees in order to help the country compete with Vietnam as the world’s third-largest rubber exporter. ...
IFC, Deutsche Bank respond to Global Witness report
On May 13, we ran an interview with London-based NGO Global Witness accusing the Deutsche Bank and the International Finance Corporation of financing two Vietnamese rubber companies that are allegedly involved in land grabs in Cambodia and Laos. We asked both banks for a response ...
Vietnam rubber tycoon rejects land grabbing accusations
A Vietnamese rubber tycoon has rejected accusations by Global Witness, a group that campaigns on resource issues, that it was involved in a land grabbing crisis in Southeast Asia. Doan Nguyen Duc, the chairman of Hoang Anh Gia Lai (HAGL) Group, told Vietnamese media the information ...
Deutsche Bank, IFC Rubber Investments Questioned
Deutsche Bank and the World Bank’s International Finance Corporation (IFC) have poured millions of dollars into Vietnamese rubber companies operating in Cambodia that have engaged in illegal logging and forced evictions of local farmers, the environmental rights group Global Witness says in a new report ...
Kratie cut to shreds
‘I heard a f—ing crazy dog say that we can’t dock in Kampong Saom, but we definitely can do that,” a crackling voice declares boisterously. The speaker, captured in video obtained by the Post, is part of an illegal timber syndicate. The identity of the speaker ...
BUSINESS IN BRIEF 27/2: Cambodia, Laos Rubber
The area under Viet Nam Rubber Group’s cultivation in Laos and Cambodia totals 100,000 ha, including 27,000 ha under the group’s seven rubber projects in Laos. By the end of 2012, VRG had 21 rubber projects in Cambodia, including 19 rubber tree plantations and ...