Port threatens seaweed industry

Tuesday, August 12, 2008 3:49
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Pollution from a new port construction project is choking Kampot’s emerging seaweed farms and could deliver a serious blow to the economy of the seaside town

KAMPOT’S lucrative seaweed export industry is facing collapse, with hundreds of jobs at risk, say local farmers who blame a port project for polluting area waters.
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Capital land values surge 150 percent in one year

Tuesday, August 12, 2008 3:48
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Strong growth in Cambodia’s real estate market bucks global slowdown and declining trends in Thailand, Vietnam

P hnom Penh land prices surged almost 150 percent over the past 12 months to July, according to an August report from Cambodia’s largest realty company.
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Oil drops to $119 on high supplies

Tuesday, August 12, 2008 3:46
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CRUDE oil futures traded near US$119 a barrel in New York after falling yesterday as US supplies unexpectedly gained amid slowing demand, and the dollar climbed, reducing the appeal of commodities as an inflation hedge.
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FDI triples on boom in real estate projects

Tuesday, August 12, 2008 3:41
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Investment expected to remain concentrated in construction

F OREIGN direct investment nearly tripled in the first half of the year compared with the same period in 2007, according to figures from the Cambodian Investment Board Report of the Council for the Development of Cambodia (CDC).
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KThom families fear losing farmland to provincial authority

Tuesday, August 12, 2008 2:17
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Governor asked Hun Sen to slice off 4,000 hectares for rubber plantation development deal, hundreds of Sandan district families say

MORE than 700 families in Kampong Thom province’s Sandan district are nervously waiting for provincial authorities to confiscate portions of their land, part of an initiative by the provincial governor to issue deeds for downsized land holdings and provide property to a rubber plantation company, according to the families.
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Thais back at Ta Moan Thom temple as border row simmers

Tuesday, August 12, 2008 2:16
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Violating an agreement reached on August 5, Thai soldiers bar Cambodians from entering the disputed border ruins

THAI soldiers have reoccupied the Ta Moan Thom temple and have prohibited Cambodian soldiers, government officials and journalists from entering the site, breaking an agreement reached a week ago that they would withdraw.

“Thai soldiers returned to the disputed site on August 8,” Ho Bunthy, deputy commander of Border Military Unit 402, said Sunday. “They have closed the gate to the temple. Only a few Cambodian civilians are allowed access and Cambodian soldiers who want to get into the temple must be wearing civilian clothes.”
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Opposition claims vote form fraud

Tuesday, August 12, 2008 2:13
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Opposition parties say the CPP issued thousands of fraudulent 10-18 election forms in a bid to boost its vote tally on polling day and have vowed to fight the alleged vote rigging

The 10-18 form can be issued just before an election by commune-level authorities and is intended to allow those who have the right to vote but lack the relevant identity documents to cast their ballot on polling day.
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Poll results give big win to CPP

Tuesday, August 12, 2008 2:09
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THE National Election Committee (NEC) has released preliminary results of last month’s national election, confirming the overwhelming win by the ruling Cambodian People’s Party despite continuing opposition claims of electoral fraud.

Of the more than six million valid ballots cast throughout the Kingdom on July 27, the CPP won 3.49 million (58 percent), while the next largest vote-getter, the opposition Sam Rainsy Party, captured 1.31 million (21.9 percent).
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Illegal fishing on the rise

Tuesday, August 12, 2008 2:08
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I LLEGAL fishing is on the rise this year as increased flood levels allow outlaw anglers to operate deeper in the underbrush and away from authorities, fisheries officials say.

“Illegal fishing has increased in the stretches of water far removed from the local administration offices,” Nao Thuok, chief of the Fishery Administration, said last week.
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New-born calves” carry on China’s gold spree

Tuesday, August 12, 2008 1:53
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Lin Yue and Huo Liang, 17 and 19 respectively, were crowned at the men’s 10m platform synchronized to continue China’s gold spree on home soil.

The teenager pair opened with a near perfect forward dive in pike position to signal who was boss from the outset.
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