News
Hun Sen Orders Toxic Ice Factory Shut Down
May 13th, 2013, The Cambodia Daily, Business & Commercial Development, Industry, News, Social ConcernsPrime Minister Hun Sen said Saturday that he had ordered a Phnom Penh ice-making factory to shut down, after pungent chemical emissions from the plant in Russei Keo district caused more than 100 nearby residents to be hospitalized with breathing problems on Friday. At least 20 of those hospitalized had to spend the night in the hospital, while 100 more were... continue
Neou Vannarin
http://www.cambodiadaily.com/news/hun-sen-orders-toxic-ice-factory-shut-down-23617/
Investment and Trade Fair Opens In Koh Kong
May 13th, 2013, The Phnom Penh Post, Business & Commercial Development, Domestic Investment, Economics, Exports, Foreign Investment, Imports, International Relations, News, News Source, TradeThe first three-day Koh Kong Investment and Trade Fair 2013 kicked off on Saturday, promoting trade and investment in the southern provinces of Cambodia with neighbours Thailand and Vietnam. ...
“The [fair] is aimed at promoting trade and development in Koh Kong province and other border provinces in the southern region of the country, which is to... continue
May Kunmakara
http://www.phnompenhpost.com/2013051365565/Business/investment-and-trade-fair-opens-in-koh-kong.html
Boost For Animal Healthcare
May 13th, 2013, The Phnom Penh Post, Business & Commercial Development, Economics, Exports, Imports, Labor, Livestock, News Source, pharmaceuticals, TradeCambodia’s promising animal feed sector will soon see support from a big pharmaceutical manufacturer which is now studying local demand for animal healthcare – a nearly untapped market.
“We intend to introduce animal health business in Cambodia for our farm products and feed mills,” Khalid Baig, Bayer’s country group head Southeast Asia, told the Post. ...
continue
Sarah Thust
http://www.phnompenhpost.com/2013051365566/Business/boost-for-animal-healthcare.html
SMC to invest 1.5 billion dollars in Cambodia Airlines
May 10th, 2013, ABS-CBN News, Business & Commercial Development, Industry, International Relations, News Source, TourismDiversified conglomerate San Miguel Corp. (SMC) will invest $1.5 billion for its airline venture in Cambodia, its top executive said yesterday. Cambodia Airlines will have about 20 aircraft in its fleet and add as much as $400 million revenues per year to Philippine Airlines (PAL), said SMC and PAL president Ramon S. Ang in a briefing. ... PAL owns a 49-percent stake... continue
Neil Jerome C. Morales
http://www.abs-cbnnews.com/business/05/10/13/smc-invest-15-billion-dollars-cambodia-airlines
Navy arrests 4 Cambodian rosewood smugglers
May 10th, 2013, Pattaya Mail, Environment & Natural Resources, International Relations, News, Social Concerns, Timber/WoodRoyal Thai Navy ships intercepted a Cambodian fishing boat illegally smuggling 10 million baht in Siamese rosewood out of the kingdom. ... The HTMS Chao Phraya staffed with military, customs and forestry office personnel captured the 18-meter-long fishing vessel carrying 296 logs in its fish holds April 28 in Rayong Bay. ... Navy officials said the smuggled logs were to be offloaded... continue
Patcharapol Panrak
http://www.pattayamail.com/localnews/navy-arrests-4-cambodian-rosewood-smugglers-25782?ref=pmci
Opposition Lawmakers Want ‘Social’ Land to Go to Farmers
May 10th, 2013, VOA, Agriculture & Agri-business, Business & Commercial Development, Economic Land Concessions, Farming, Industry, Land Tenure, News, Rice, Social Land ConcessionsCambodian lawmakers have passed a new law on agriculture, but critics say the law does not go far enough to protect the country’s farmers. The law passed on Thursday evening, but not before debate at the National Assembly. ... During the debate opposition representatives called on the Cambodian government to stop providing land concessions to private companies—either for economic or “social” aims.... continue
Suy Heimkhemra
http://www.voacambodia.com/content/opposition-lawmakers-want-social-land-to-go-to-farmers/1657922.html
Villagers Make Heady Claims Against NGO
May 10th, 2013, The Phnom Penh Post, Disputed Land, Forests, Land Tenure, News, News Source, Protected AreasFamilies living in Koh Kong province have called on the provincial governor to intervene in what they claim are ongoing land disputes with Forestry Administration authorities and conservation NGO Wildlife Alliance.
Thirty-eight families from Mondul Seima and Khemarak Pumin districts have 110 hectares of land between them that authorities are refusing to allow student volunteers to measure,... continue
May Titthara and Kevin Ponniah
http://www.phnompenhpost.com/2013051065550/National/villagers-make-heady-claims-against-ngo.html
Kingdom to reach rice target
May 10th, 2013, The Phnom Penh Post, Agriculture & Agri-business, Business & Commercial Development, Economics, Exports, News, News Source, RiceFollowing a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes. With this year’s export figures notably higher than those of the same period last year, Prasidh said he believed exports of milled... continue
Rann Reuy
http://www.phnompenhpost.com/2013051065539/Business/kingdom-to-reach-rice-target.html
‘Power cuts just a transitional problem’
May 10th, 2013, The Phnom Penh Post, Electricity, Energy, News, News SourceRecurring power cuts and power shortages draw sharp complaints from Cambodia’s public, the political opposition and business owners. Keo Ratanak, director-general of Electricite du Cambodge (EDC), talked to the Post’s Sarah Thust. What is EDC doing to reduce electricity cuts here? The issue of power shortage is not a surprise to the Royal Government of Cambodia and EDC. We had forecasted many... continue
Sarah Thust
http://www.phnompenhpost.com/2013051065532/Business/power-cuts-just-a-transitional-problem.html
Cambodian Parliament Ratifies ASEAN-China Maritime Transport Agreement
May 10th, 2013, Xinhuanet News, Business & Commercial Development, Economics, Exports, Imports, Industry, International Relations, News Source, Tourism, TradeThe National Assembly of Cambodia on Friday ratified the agreement on maritime transport between the Association of Southeast Asian Nations (ASEAN) and China, saying the agreement is essential to develop trade and economic ties between ASEAN and China. ...
"The agreement aims to facilitate and foster cooperation in passenger and cargo transport by sea among the signatories,"... continue
Xinhua News Staff
http://news.xinhuanet.com/english/china/2013-05/10/c_132372924.htm
As Phnom Penh Grows, So Does Its Sewage Problem
May 10th, 2013, The Cambodia Daily, Business & Commercial Development, Construction, Environment & Natural Resources, Industry, Infrastructure, News, Social ConcernsSince 1998, Phnom Penh’s population has doubled to more than 2 million. High-rise buildings have popped up in the city’s center and housing developments have been hastily erected. Yet the city’s antiquated, decades-old drainage system has undergone little improvement in that time and experts say the rapid urban growth currently underway could outpace the drainage system’s ability to channel rain and... continue
Dene-Hern Chen and Kaing Menghun, P.1
www.cambodiadaily.com
Residents Call for Foul-Smelling Factory to Move
May 10th, 2013, The Cambodia Daily, Business & Commercial Development, Environment & Natural Resources, Industry, Social ConcernsAbout 100 people protested Wednesday evening outside a Phnom Penh ice-making factory owned by the daughter of deputy Kompong Spue governor Tong Seng, complaining that the factory causes a bad smell and that the health of residents in Russei Keo district’s Kilometer 6 commune was suffering as a result. ... Residents say they want they want the factory moved out of... continue
Kuch Naren, P.19
www.cambodiadaily.com
CIMB says Local Investors Bring More Franchises to Cambodia
May 10th, 2013, The Cambodia Daily, Business & Commercial Development, Domestic Investment, Economics, Foreign Investment, Industry, International Relations, TradeThe steady growth of franchises from overseas is likely to continue as young, moneyed Cambodians seize the opportunity to bring name brands into the country, a bank official said yesterday. ... Hoping to help its customers and others invest in franchises, Malaysia-based CIMB Bank yesterday organized a talk on franchising at the Malaysian Embassy in Phnom Penh. … Thida Heng, CIMB head... continue
Simon Lewis, P.21
www.cambodiadaily.com
Wage Hike Leads To Rent Fears
May 10th, 2013, The Phnom Penh Post, Economics, Exports, Foreign Investment, Garment Industry, Imports, Industry, Labor, News Source, TradeCambodian Confederation of Unions president Rong Chhun yesterday appealed to landlords with properties close to garment factories not to take advantage of the industry’s minimum wage increase by raising rent prices.
The minimum monthly salary in the garment sector – Cambodia’s biggest export industry – officially climbed from $61 to $75 this month, and Chhun said rent... continue
Shane Worrell and Phak Seangly
http://www.phnompenhpost.com/2013051065555/National/wage-hike-leads-to-rent-fears.html
New Kompong Thom Governor Vows to Give Land to Evictees
May 10th, 2013, The Cambodia Daily, Agriculture & Agri-business, Agro-Industry, Business & Commercial Development, Disputed Land, Industry, International Relations, Land Tenure, NewsThe newly appointed Kompong Thom provincial governor on Tuesday promised more than 500 families who were forcefully evicted by a Vietnamese rubber plantation more than three years ago that they would be given replacement land to farm on early next month. Security forces evicted villagers from Santuk district’s Kraya commune in December 2009 to make way for the Tan Bien-Kompong Thom... continue
Chhorn Chansy
http://www.cambodiadaily.com/news/new-kompong-thom-governor%E2%80%88vows-to-give-land-to-evictees-23138/
Japanese bank to boost local investments
May 10th, 2013, The Phnom Penh Post, Banking & Finance, Business & Commercial Development, Financial Services, Foreign Investment, News, News SourceJapanese Bank of Tokyo-Mitsubishi UFJ (BTMU) signed an agreement yesterday with local Canadia Bank to shore up Japanese growth in Cambodia and to demonstrate its confidence in the Kingdom’s financial sector. BTMU’s managing executive officer, Takami Onodera, and Pung Kheav Se, chairman of Canadia Bank, yesterday signed the agreement with the intention of bringing more Japanese investors to Cambodia. ... Japanese investment... continue
Hor Kimsay
http://www.phnompenhpost.com/2013051065537/Business/japanese-bank-to-boost-local-investments.html
Delta Electronics eyes Cambodia expansion
May 10th, 2013, The Phnom Penh Post, Business & Commercial Development, Economics, Electricity, Energy, Foreign Investment, News, News SourceDelta 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 . . . as distributing channels of supply chain to other Asian and European countries,” the... continue
Anne Renzenbrink
http://www.phnompenhpost.com/2013051065533/Business/delta-electronics-eyes-cambodia-expansion.html