On 07 August 2009, opposition leader Sam Rainsy gave an interview to Radio France International in Phnom Penh where he discussed about the political and economic situation in Cambodia, as well as the SRP political goals.Read more!
Sam Rainsy's interview on RFI
On 07 August 2009, opposition leader Sam Rainsy gave an interview to Radio France International in Phnom Penh where he discussed about the political and economic situation in Cambodia, as well as the SRP political goals.Read more!
Thailand's Kasikorn Research Center expects trade between Thailand and Cambodia to expand in the second half of the year
KResearch: Trade between Thailand and Cambodia to expand in H2
BANGKOK, 8 August 2009 (NNT) – Kasikorn Research Center (KResearch) expects trade between Thailand and Cambodia to expand in the second half of the year, after a drop by 25.5 per cent during the first half in terms of value.
With the global financial crisis, the Cambodian economy became severely sluggish since the second half of 2008. During the first half of this year, trade value between Thailand and Cambodia had decreased by 25.5 per cent year on year. However, Thailand still had trade surplus, because the import value from Cambodia decreased more than the export value.
KResearch expected that trade between Thailand and Cambodia would improved in the second half of the year, although the Cambodian economy would shrink by 0.5 per cent for the first time in many years, but the global economic recovery sign in the second half of this year would boost its export to the main markets as the United States and the European Union. Thus, the Cambodian economy was supposed to be improved in the rest of the year.
However, there are some negative factors, which may affect trade between Thailand and Cambodia as the tension of Preah Vihear temple dispute, and the bubble in property sector of Cambodia, which can affect its economic stability. Read more!
BANGKOK, 8 August 2009 (NNT) – Kasikorn Research Center (KResearch) expects trade between Thailand and Cambodia to expand in the second half of the year, after a drop by 25.5 per cent during the first half in terms of value.
With the global financial crisis, the Cambodian economy became severely sluggish since the second half of 2008. During the first half of this year, trade value between Thailand and Cambodia had decreased by 25.5 per cent year on year. However, Thailand still had trade surplus, because the import value from Cambodia decreased more than the export value.
KResearch expected that trade between Thailand and Cambodia would improved in the second half of the year, although the Cambodian economy would shrink by 0.5 per cent for the first time in many years, but the global economic recovery sign in the second half of this year would boost its export to the main markets as the United States and the European Union. Thus, the Cambodian economy was supposed to be improved in the rest of the year.
However, there are some negative factors, which may affect trade between Thailand and Cambodia as the tension of Preah Vihear temple dispute, and the bubble in property sector of Cambodia, which can affect its economic stability. Read more!
CTN Reatrey-Komsan 2009JUN27 #01 (Keo-Pichenda) Khmer.
CTN Reatrey-Komsan 2009JUN27 #02 (Meng-Keo-Pichenda) Khmer.
Meng Keo Pichenda Interview 3
Meng Keo Pichenda Interview 4
Read more!
Saudi Princess loses a fortune
Published: 10/08/2009 at 02:55 AM
Rome (AFP) - Burglars made off with jewels and cash worth 11 million euros ($15.6 million) from the hotel room of a Saudi princess in Sardinia, Italians newspapers reported Sunday, sparking a diplomatic incident.
The luxury resort where the princess was staying when she was robbed.
It was the biggest heist from Saudi royalty since Kriangkrai Techamong, a Thai worker stole a fabled blue diamond and a 90kg bag of other jewellery from the wife of the future king of the country.
Sardinia is a large island belonging to Italy, and about 200km off the west coast of the country. It has many luxury resorts, and Premier Silvio Berlusconi owns property on the island.
"The thieves used a master key. In 10 minutes at dinner time, without making any noise, they managed to remove the safe from a suite occupied by the Saudi princess," who was not named, the daily La Stampa reported.
The safe was only fixed with silicon to the wall into which it was embedded, it said.
According to the daily La Repubblica, the burglary sparked a diplomatic incident.
"A military official from the Saudi embassy arrived in Sardinia and the Italian secret services and diplomats from both countries have been involved."
A Moroccan businessman also had his room burgled in another luxury hotel on the Costa Smeralda, the most chic resort area on the island, where Prime Minister Silvio Berlusconi also owns a luxury villa.
Using a similar technique, thieves pulled the safe out of the wall and got away with around 150,000 euros worth of jewels and money.
Both burglaries were carried out this week. The two hotels belong to the same chain, Iti Hotels.
Investigators suspect they were the work of an expert gang, probably from abroad, helped by someone with inside knowledge, who had worked in both establishments.
A third burglary was carried out in a hotel in Portofino, on Italy's northwest coast, where a German businessman had the safe stolen from his room, containing a million euros worth of jewellery and 3,000 in cash, according to Il Corriere della Sera. Read more!
Rome (AFP) - Burglars made off with jewels and cash worth 11 million euros ($15.6 million) from the hotel room of a Saudi princess in Sardinia, Italians newspapers reported Sunday, sparking a diplomatic incident.
The luxury resort where the princess was staying when she was robbed.
It was the biggest heist from Saudi royalty since Kriangkrai Techamong, a Thai worker stole a fabled blue diamond and a 90kg bag of other jewellery from the wife of the future king of the country.
Sardinia is a large island belonging to Italy, and about 200km off the west coast of the country. It has many luxury resorts, and Premier Silvio Berlusconi owns property on the island.
"The thieves used a master key. In 10 minutes at dinner time, without making any noise, they managed to remove the safe from a suite occupied by the Saudi princess," who was not named, the daily La Stampa reported.
The safe was only fixed with silicon to the wall into which it was embedded, it said.
According to the daily La Repubblica, the burglary sparked a diplomatic incident.
"A military official from the Saudi embassy arrived in Sardinia and the Italian secret services and diplomats from both countries have been involved."
A Moroccan businessman also had his room burgled in another luxury hotel on the Costa Smeralda, the most chic resort area on the island, where Prime Minister Silvio Berlusconi also owns a luxury villa.
Using a similar technique, thieves pulled the safe out of the wall and got away with around 150,000 euros worth of jewels and money.
Both burglaries were carried out this week. The two hotels belong to the same chain, Iti Hotels.
Investigators suspect they were the work of an expert gang, probably from abroad, helped by someone with inside knowledge, who had worked in both establishments.
A third burglary was carried out in a hotel in Portofino, on Italy's northwest coast, where a German businessman had the safe stolen from his room, containing a million euros worth of jewellery and 3,000 in cash, according to Il Corriere della Sera. Read more!
One million flee China typhoon
Published: 9/08/2009 at 11:17 PM
Beijing(AFP) - China rushed nearly one million people out of harm's away as Typhoon Morakot slammed into its coast Sunday after triggering Taiwan's worst flooding in 50 years, leaving at least four people dead.
After also leaving tens of thousands trapped in Taiwan, the powerful storm landed in China's Fujian province at 4:20 pm (0820 GMT), the provincial meteorological bureau said.
Earlier in the day, a four-year-old child died in the Chinese city of Wenzhou after his family's house collapsed in heavy rains and winds, the official news agency Xinhua reported.
The child was buried along with four adults in debris and died after emergency treatment failed, Xinhua said, citing the city's flood-control headquarters.
Morakot pounded Taiwan over the weekend with powerful winds and torrential rain, forcing the government to deploy the military to rescue stranded residents, officials said.
Television footage showed a woman in tears reporting that her daughter and husband had plunged into a river when a flash flood swept away their car in the central county of Nantou.
"My daughter called me twice saying: 'We're being washed away! Hurry, hurry!' Then I lost them," the sobbing woman told reporters.
Officials said three people were confirmed dead and at least 31 were missing as Morakot dumped a record 2.5 metres (100 inches) of rain on the southern county of Pingtung.
At least 10,000 people were trapped in three coastal townships, Pingtung deputy magistrate Chung Chia-pin said, and officials said tens of thousands of other people were also trapped in the counties of Tainan and Chiayi.
"This is the worst flooding in Chiayi in 50 years," county magistrate Chen Ming-wen told reporters.
A typhoon that struck Taiwan in August 1959 killed 667 people and left some 1,000 missing.
Across the Taiwan Strait, more than 505,000 people were evacuated from the Fujian coast and another 490,000 were relocated in the neighbouring province of Zhejiang, Xinhua reported.
Zhejiang issued a red alert earlier Sunday as it registered a maximum wind speed of nearly 180 kilometres (113 miles) an hour around the coastal city of Taizhou, Xinhua said.
Gale-force winds were expected to persist for at least three days and waves were forecast to reach as high as seven metres.
More than 35,000 ships were called in to port as the storm approached, Xinhua quoted Zhejiang flood-control headquarters as saying.
A cargo ship was stranded in rough seas and rescuers were trying to rescue its eight sailors, the agency reported.
Among the missing in Taiwan were 14 workers who disappeared when their makeshift shelter beside a river in southern Kaohsiung county was washed away by rising floodwaters early Sunday.
A bridge linking Kaohsiung and Pingtung counties collapsed and a local television station cited a motorist who narrowly escaped plunging into the river as saying he feared two cars had fallen in.
Armoured vehicles and marine landing craft, as well as rubber dinghies, were mobilised in a rescue operation involving at least 1,200 troops, Taiwan's defence ministry said.
Television footage showed a six-storey hotel in Taitung, southeastern Taiwan, collapsing in the floods. Staff and guests had already been evacuated, the reports said.
The typhoon has caused at least 2.1 billion Taiwan dollars (64 million US) in agricultural damage while 170,000 houses were left without power and 440,000 homes without water, according to officials.
Morakot also left floods and landslides in its wake after grazing the Philippines on its way to Taiwan.
The Manila government's civil defence office said the storm had left a total of 21 people dead, including two French tourists and a Belgian, with seven other people still missing. Read more!
Beijing(AFP) - China rushed nearly one million people out of harm's away as Typhoon Morakot slammed into its coast Sunday after triggering Taiwan's worst flooding in 50 years, leaving at least four people dead.
After also leaving tens of thousands trapped in Taiwan, the powerful storm landed in China's Fujian province at 4:20 pm (0820 GMT), the provincial meteorological bureau said.
Earlier in the day, a four-year-old child died in the Chinese city of Wenzhou after his family's house collapsed in heavy rains and winds, the official news agency Xinhua reported.
The child was buried along with four adults in debris and died after emergency treatment failed, Xinhua said, citing the city's flood-control headquarters.
Morakot pounded Taiwan over the weekend with powerful winds and torrential rain, forcing the government to deploy the military to rescue stranded residents, officials said.
Television footage showed a woman in tears reporting that her daughter and husband had plunged into a river when a flash flood swept away their car in the central county of Nantou.
"My daughter called me twice saying: 'We're being washed away! Hurry, hurry!' Then I lost them," the sobbing woman told reporters.
Officials said three people were confirmed dead and at least 31 were missing as Morakot dumped a record 2.5 metres (100 inches) of rain on the southern county of Pingtung.
At least 10,000 people were trapped in three coastal townships, Pingtung deputy magistrate Chung Chia-pin said, and officials said tens of thousands of other people were also trapped in the counties of Tainan and Chiayi.
"This is the worst flooding in Chiayi in 50 years," county magistrate Chen Ming-wen told reporters.
A typhoon that struck Taiwan in August 1959 killed 667 people and left some 1,000 missing.
Across the Taiwan Strait, more than 505,000 people were evacuated from the Fujian coast and another 490,000 were relocated in the neighbouring province of Zhejiang, Xinhua reported.
Zhejiang issued a red alert earlier Sunday as it registered a maximum wind speed of nearly 180 kilometres (113 miles) an hour around the coastal city of Taizhou, Xinhua said.
Gale-force winds were expected to persist for at least three days and waves were forecast to reach as high as seven metres.
More than 35,000 ships were called in to port as the storm approached, Xinhua quoted Zhejiang flood-control headquarters as saying.
A cargo ship was stranded in rough seas and rescuers were trying to rescue its eight sailors, the agency reported.
Among the missing in Taiwan were 14 workers who disappeared when their makeshift shelter beside a river in southern Kaohsiung county was washed away by rising floodwaters early Sunday.
A bridge linking Kaohsiung and Pingtung counties collapsed and a local television station cited a motorist who narrowly escaped plunging into the river as saying he feared two cars had fallen in.
Armoured vehicles and marine landing craft, as well as rubber dinghies, were mobilised in a rescue operation involving at least 1,200 troops, Taiwan's defence ministry said.
Television footage showed a six-storey hotel in Taitung, southeastern Taiwan, collapsing in the floods. Staff and guests had already been evacuated, the reports said.
The typhoon has caused at least 2.1 billion Taiwan dollars (64 million US) in agricultural damage while 170,000 houses were left without power and 440,000 homes without water, according to officials.
Morakot also left floods and landslides in its wake after grazing the Philippines on its way to Taiwan.
The Manila government's civil defence office said the storm had left a total of 21 people dead, including two French tourists and a Belgian, with seven other people still missing. Read more!
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