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Cambodia & Laos Culture & History

NGO website barred in Cambodia for report

The website of corruption watchdog, the Global Witness, is now blocked in Cambodia after it released a report criticizing its oil and mining industries last week. The site was blocked by ISP company, AngkorNet, although company representatives could not provide reasons for the liited access.

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Cambodia & Laos Culture & History

Cambodian Oil, Mineral Wealth Sold To Corrupt Elites

Cambodia’s political elite has captured the country’s oil and mineral wealth, putting its economic future at risk while international donors turn a blind eye, an environmental watchdog said. Impoverished Cambodia has enough natural wealth to wean itself off foreign aid but international donors must do more to ensure the assets are properly managed.

In the report entitled: “Country for Sale,” the group said earnings from oil, gas and minerals were being “jeopardized by high-level corruption, nepotism and patronage” in allocating and managing the assets. “The same political elite that pillaged the country’s timber resources has now gained control of its mineral and petroleum wealth,” said Global Witness Campaigns Director, Gavin Hayman.

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Cambodia & Laos Culture & History

Efforts to Limit Khmer Rouge Trials Decried

The Cambodian government, critics say, is trying to limit the scope of the trials for its own political reasons, a limit that the critics say would compromise justice and could discredit the entire process.

A Cambodian prosecutor said additional indictments could be destabilizing. She said they would cost too much, take too long and violate the spirit of the tribunal, which she said envisioned “only a small number of trials.”

The Cambodian Prime Minister who bargained hard with the United Nations over the shape and scope of the tribunal, has said that trying “four or five people” would be enough, although there is no formal limit on the number.

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Cambodia & Laos

Laos set to build new airport and Mekong bridge

The Lao government has planned to build a new airport and a Mekong River bridge in Khong district, Champassack province, local media reported.

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Cambodia & Laos Culture & History

Laos royal to sell family treasures

Chao Soymala Inieum na Jampasak, 67, is selling her collection of royal jewelry and antique silks to pay for the tuition fees of more than 200 monks from Laos, Cambodia, Vietnam, Bhutan, Nepal and Chiang Tung City studying at the the Mahachulalongkornrajavidyalaya University in Chiang Mai, Thailand. She fled Laos to Thailand after the Laotian revolution of 1975.

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Cambodia & Laos

Cambodia to Open Stock Exchange in December

You can’t blame them for trying

Cambodia, the second-poorest country in Southeast Asia, plans to complete the listing requirements for its first stock exchange by April in preparation for a December opening, a top exchange official said today.

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Cambodia & Laos Culture & History

Long Time Comin’

Five former leaders of the Khmer Rouge, which caused the death of an estimated 1.7 million Cambodians from 1975 to 1979- nearly a quarter of the population – will finally face judgment. A U.N.-backed tribuanl announced that the first hearing, for Kaing Guek Eav, 65, known as Comrade Duch, will begin on February 17. Duch commanded the Toul Sleng prison in Phnom Penh, where at least 14,000 people were tortured, killed or sent to the nearby burial site of Cheong Ek to be executed and disposed of.

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Cambodia & Laos Vietnam

Cambodia-Vietnam Trade Nears US$1.7 billion

Trade between Viet Nam and Cambodia came close to US$1.7 billion in 2008, a 31 percent year-on-year increase, according to sources from the Vietnam Commerce Bureau in Cambodia.

According to state news, Vietnam exported more than $1.45 billion worth of goods, including construction steel, farm machinery, fertilisers, plant protectants, consumer goods, processed agricultural produce and seafood, dairy products and re-exported oil and gas.

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Cambodia & Laos Vietnam

Vietnam tourism plan to attract more visitors in 2009

Vietnam wants to boost visitors from last year’s 6 million to 23.5 million, reports Vietnam News. The regional tourism industry was urged to on low-budget package tours such as the “Three Countries One Destination” program for travellers interested in visiting Cambodia, Laos and Vietnam.

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Cambodia & Laos

Official denies delay of opening Cambodian stock market

A Cambodian official denied media reports that the opening of stock exchange market has been delayed indefinitely due to the worsening global economic slowdown, English-language newspaper the Cambodia Daily reported.