Wednesday, October 29, 2008

Angered Workers Torch Korean Boss’s Car

By Heng Reaksmey, VOA Khmer
Original report from Phnom Penh
/28 October 2008/

Khmer audio aired 28 October 2008 (883 KB) - Download (MP3) audio clip
<http://www.voanews.com/mediaassets/khmer/2008_10/Audio/Mp3/081028_HR_Angered_Workers.Mp3>

A group of construction workers attacked the offices of the Camko City
development on the outskirts of Phnom Penh Monday night, lighting a car
on fire and throwing stones through the windows of the offices,
officials and workers said.

The angered workers are part of a workforce of more than 1,000 people
who went on strike Monday, claiming they were owed wages for the month
of October.

"The workers are angry enough to burn cars and throw stones because the
person who is in charge of the wages told them a lie," Ham Samnang, a
construction worker, said. "They promised to pay them by the 24^th . Now
it is the 27^th ."

Workers had no more money and were starving, he said, in addition to
owing rent.

The workers earn between $80 and $150 per month, he said.

A group of the striking workers gathered inside the compound of Camko
City Co. Monday and attacked the car of the company's South Korean
general manager.

Company officials declined to comment Tuesday, but Lim Samnang, an
advisor of administration at Camko City, said the company had erred by
not paying the workers on time.

The company usually pays its workers before the 25^th of the month, he
said, but the payment is currently late by two days.

Police said no workers were arrested during the demonstration. Camko
City is a South Korean investment of $2 billion developing 119 hectares
of commercial and residential areas in Phnom Penh's Russey Keo district.

Sok Sovanareth, president of the Cambodian National Federation of
Building and Wood Workers, said Tuesday the company should pay its
workers on time to avoid violence.

Sunday, October 26, 2008

Cambodia proposes 4 measures to resolve Thai-Khmer border issues

BANGKOK, Oct 26 (TNA) -- Cambodian Prime Minister Hun Sen has proposed
four measures aimed at solving the Thai-Cambodian border conflict
following bloody clashes between the militaries of the two neighbours
earlier this month, Thai Deputy Prime Minister and Foreign Minister
Sompong Amornvivat said on Sunday.

Speaking during the first 'weekly television programme, its first since
the present government assumed power on September 25, Mr. Sompong said
Premier Hun Sen's proposals were made to his Thai counterpart Premier
Somchai Wongsawat on the sidelines of the Seventh Asia-Europe Meeting
(ASEM) in Beijing on Saturday.

Cambodian Prime Minister proposed that peaceful negotiations must be
held between the two countries and there must not be future clashes.
Problems must be solved through bilateral talks, he emphasised, and the
two counties must accelerate their peace negotiations under the
framework of the joint border committee, and restore bilateral trade and
investment.

Buoyed by Mr. Hun Sen's remarks that peace is at hand on the
Thai-Cambodian border as the soldiers of the two countries posted there
have exchanged food and otherwise socialised with each other, Mr.
Sompong said he is confident that the conflict would be settled after
the progress registered in last Friday's initial agreement.

The tentative agreement reached by senior army officers from both
countries in Cambodia's historic Siem Reap will be given to the Thai
parliament for its consideration on Tuesday.

Latest border skirmishes occurred on October 15 when Thai and Cambodian
military units exchanged gunfire near the ancient Preah Vihear temple
with one Thai and two Cambodians dying and a number of troops from both
sides wounded. (TNA)
Political News : Last Update : 14:29:18 26 October 2008 (GMT+7:00)

Monday, October 20, 2008

Malaysia Seeks To Diffuse Thai-Cambodia Border Row

Malaysia Seeks To Diffuse Thai-Cambodia Border Row
News 2008-10-20 16:31

KUALA LUMPUR: Malaysia's foreign minister said Monday (20 Oct) his
planned visits to Thailand and Cambodia are a friendly effort to help
diffuse a border dispute between the neighbors, and not interference in
their affairs.

Rais Yatim said Malaysia and the 10-member Association of Southeast
Asian Nations, or ASEAN, have an interest in ensuring the border
conflict does not intensify and jeopardize regional peace.

The dispute, if not checked, could embarrass ASEAN and mar its
credibility as a regional bloc, he warned.

A brief but deadly gunfight erupted between Thai and Cambodian soldiers
last week over disputed land near the centuries-old Preah Vihear temple,
sparking fears of war.

Cambodian Prime Minister Hun Sen has rejected outside help in the conflict.

"We don't consider ourselves as (outsiders). We consider ourselves
within ASEAN and if we cannot play the role of a neighbor, the role of a
good friend, then what are we for?" Rais told reporters.

"This is not a positive dot for ASEAN. This could be looked at as a very
questionable development ... we have to convince the world that we can
take care of our problems and relationship with each other," he said.

Malaysia, Cambodia and Thailand are all members of ASEAN, which has a
policy of noninterference in member nations' domestic affairs. ASEAN
also includes Brunei, Indonesia, Laos, Myanmar, Philippines, Singapore
and Vietnam.

Rais Yatim said he would fly to Thailand on Tuesday (21 Oct) or
Wednesday (22 Oct), and to Cambodia later this month, to urge both
parties to resolve the conflict through peaceful negotiations.

He said he would submit a letter of concern from Prime Minister Abdullah
Ahmad Badawi to the Thai and Cambodian leaders and urge them not to
"resort to physical or military means."

The World Court awarded the 11th century temple to Cambodia in 1962, but
sovereignty over surrounding land has never been clearly resolved.

Hun Sen is expected to meet Thai Prime Minister Somchai Wongsawat later
this week in their first face-to-face meeting since the deadly gunbattle
erupted 15 Oct, killing two Cambodian soldiers and wounding 10 from both
sides.

Rais said his visits are partly in response to a request by ASEAN
Secretary-general Surin Pitsuwan for member nations to make "friendly
overtures so that the skirmish is undertoned." (AP)
MySinchew 2008.10.20

Sunday, October 19, 2008

Thai-Cambodian border meeting postponed

BANGKOK (AFP) – Thai and Cambodian military officials have postponed talks aimed at calming a border dispute which recently escalated into a deadly shoot-out, officials from both sides said on Sunday.

Senior army representatives had been due to meet on Tuesday in the Cambodian town of Siem Reap, but negotiations have been put off until later in the week.

"The regional border meeting scheduled on October 21 was postponed as the two countries are not yet ready," said Colonel Taweesak Boonrakchart, spokesman for Thailand's northeastern army division.

"On the Thai side, we have to get approval from parliament before the government can sign any pacts."

The talks would now be held on Thursday or Friday, still in Siem Reap, Taweesak told AFP.

Cambodia's deputy defence minister General Neang Phat said he expected the meeting to occur on Thursday morning.

Thai and Cambodian troops at the disputed border remained calm Sunday, and soldiers from both sides could be seen chatting with each other.

"The relations between our troops are better. We try to be calm here -- flexible, but strong," said Cambodian Colonel Som Bopharoath.

Two Cambodian soldiers were killed and seven Thai troops injured on Wednesday when a firefight erupted between soldiers stationed on disputed land near Cambodia's ancient Preah Vihear temple.

Emergency talks the day after ended with Cambodian and Thai officials agreeing to joint border patrols -- which have not started yet -- but offered no lasting solution to the military stand-off along the border.

Tensions between the neighbours flared in July when Preah Vihear was awarded United Nations World Heritage status, rekindling long-simmering tensions over ownership of land surrounding the ancient temple.

FM: Postponement of Thai-Cambodian border resolution meeting in Siem Reap

BANGKOK, Oct 19 (TNA) – Cambodia has postponed the meeting to settle the
border dispute between Cambodia and Thailand without giving any reason,
Thailand's Ministry of Foreign Affairs announced Sunday.

Thai army commander Lt-Gen. Viboonsak Neepal and Cambodian Army
commander Cheamon were originally scheduled to meet in Siem Reap on
Tuesday for talks to settle the border dispute.

Thailand's ministry of foreign affairs revealed that it was informed by
the army that Cambodian deputy prime minister and defense minister Tia
Banh called for postponing the Regional Border Committee meeting between
the two countries.

It is believed that the postponement resulted from concern that the
meeting, if held according to the original schedule, won't be able to
reach any agreement to settle the border dispute focused on the 11th
century Preah Vihear temple without a negotiation framework approved by
the Thai parliament.

Meanwhile, Dr. Prat Booyawongvirote, Permanent Secretary for Public
Health said that Boonrit Khantee, a Thai paramilitary ranger who was
wounded in the head, is still in coma and under close medical
observation in the intensive unit.

A doctor in charge of administering treatment said that Ranger Boonrit
was on a respirator and had complications. Seven Thai soldiers were
wounded and two Cambodian soldiers were killed in the skirmish at the
Thai-Cambodian border on October 15. (TNA) General News : Last Update :
16:33:09 19 October 2008 (GMT+7:00)

Friday, October 17, 2008

Cambodia to establish stock exchange in 2009

*Cambodia to establish stock exchange in 2009

*www.chinaview.cn 2008-10-17 16:33:34

PHNOM PENH, Oct. 17 (Xinhua) -- Cambodian Finance Minister KeatChhon has
announced that the Kingdom will move forward with plans to establish a
stock exchange in 2009 despite concerns over the global market crisis
and suggestions that it would be delayed until 2010, national media
reported Friday.

"We will not rush to establish the stock exchange in Cambodia, but we
will build a strong base, including hard and soft infrastructure," Keat
Chhon was quoted as saying in the Phnom PenhPost.

The country is in the process of finalizing securities rules and the
exchange building has broken ground, he said.

He added that the Council of Ministers has begun drafting subdecrees to
implement new laws about an initial public offering.

"The establishment of a stock market will help Cambodia develop
additional sources of finance currently buried in various places, and it
will boost economic growth," Keat Chhon said.

Hang Chuon Naron, secretary general of the Ministry of Economy and
Finance, said the stock market will progress according to the
government's long-term financial vision for the country and is not
vulnerable to the global crisis.

"We hope the stock exchange will provide longer-term finance compared to
what we have relied on in the past, such as banks, national budgets,
foreign aid and foreign investment," Hang Chuon Naron told the Post.

"I think in five or ten years, the stock exchange will play a key role
in strengthening Cambodia's financial sector, but we must proceed
carefully to build trust from our people and investors," he said.

Editor: Du Guodong

Thursday, October 16, 2008

Thai-Cambodia dispute continues

Thai-Cambodia dispute continues
Thu 16 Oct 2008, 9:53 GMT


By Chor Sokunthea

PREAH VIHEAR, Cambodia (Reuters) - Thai and Cambodian army commanders ended five hours of talks on Thursday with no agreement to withdraw their forces after heavy fighting near a disputed 900-year old temple left two Cambodian soldiers dead.

"We did not make much progress. Troops on both sides will stay where they are," Thai General Wiboonsak Neeparn told reporters after returning to the Thai side of the border.
 

He said they had agreed on joint border patrols to ease tensions after Wednesday's 40-minute gun and rocket battle, the worst clash in years between the historic enemies.

But his Cambodian counterpart, General Srey Doek, denied any deal over the site, where soldiers backed by armour and artillery faced off in an area controlled a decade ago by remnants of the Khmer Rouge, Pol Pot's guerrilla army.

The Hindu temple has stirred nationalist passions in both countries for generations, but officials on both sides have toned down their rhetoric since the fighting on Wednesday.

"Our policy to resolve this conflict is through negotiations," Thai Prime Minister Somchai Wongsawat told reporters in Bangkok.

Cambodian Prime Minister Hun Sen has kept silent, but his foreign minister urged negotiations, saying the incident was between soldiers and "not an invasion by Thailand."

But people on the streets of Phnom Penh were angry.

"We need to defend our land. We must not lose to the Thais," said security guard Bun Roeun, 36, flicking through newspaper reports of the clashes. "If the Thais continue their attempt to cross our border, I am ready to join the army to fight back."

The confrontation comes amid great political instability and an economic slowdown in Thailand, as protesters in a long-running Bangkok street campaign urge the army to launch a coup against the elected government.

"It's hard to see how Cambodia gains from starting a war with Thailand at this point," said Tony Kevin, a former Australian ambassador to Phnom Penh.

"But if you look at the very tense and riven state of Thai politics, it's easy to see how a Cambodian war could be of interest as a distraction," he said.

China and the United States expressed concern over the violence and urged both sides to use restraint.

DECADES-OLD DISPUTE

Preah Vihear, or Khao Phra Viharn, as the Thais call it, sits on a jungle-clad escarpment overlooking northern Cambodia but has been accessible mainly only from Thailand.

The International Court of Justice awarded the temple to Cambodia in 1962, a ruling that has rankled Thais ever since.

The court failed to determine the ownership of 1.8 square miles (4.6 sq km) of scrub next to the stunning but remote Hindu ruins, which have been off-limits to tourists for months.

The dispute over this small parcel of land became highly politicised in Thailand in July when protesters trying to overthrow the Bangkok government adopted it as a cause.

Bangkok has urged its citizens to leave Cambodia, mindful of the 2003 torching of its embassy and Thai businesses in Phnom Penh by a nationalist mob incensed by a row over Angkor Wat, another ancient temple.

In 2003, Thai commandos flew into Phnom Penh airport in the middle of the night to help evacuate 600 Thais during the riots.

Security was beefed up outside the Thai embassy in Phnom Penh, but there were no crowds outside and it was operating as normal, a Thai official told Reuters.

Several big Thai companies have operations in Cambodia and some have pulled out Thai nationals, but they said operations were normal.

Thailand's political crisis has damaged consumer confidence and consumption at a time when exports are sluggish due to the global economic slowdown.

A top adviser to Thailand's finance minister said on Wednesday the country risked sinking into recession in the first half of 2009 if the political stalemate did not end soon.

(Additional reporting by Nopporn Wong-Anan in Kantaralak, Ek Madra in Phnom Penh, Ed Cropley in Bankgok; Writing by Darren Schuettler; Editing by Alan Raybould)

Wednesday, October 15, 2008

Border dispute may hurt trade: Cambodian official

Border dispute may hurt trade: Cambodian official

www.chinaview.cn 2008-10-16 11:53:38


PHNOM PENH, Oct. 16 (Xinhua) -- With violence erupting on the
Cambodia-Thai border, government officials and investors warned that the
dispute could affect bilateral trade, tourism and investment between the
two countries, the Phnom Penh Post reported Thursday.

"Imports of Thai goods have declined lately because many Thai
business people fear they will not be able to collect payment from
Cambodian whole sellers should the situation on the border deteriorate,"
Mao Thora, secretary of state at the Cambodian Ministry of Commerce, was
quoted by the Phnom Penh Post as saying.

Kong Bunly, the trade director for Banteay Meanchey province, said
cross-border with Thailand has remained largely unaffected by the
dispute over territory around Preah Vihear, but that Thai tourists have
stopped crossing into Cambodia.

Meanwhile, an employee at the Thai Plastic Company who asked not to
be identified said she is concerned that any armed confrontation between
the two countries could affect her company.

"I'm really worried about this because Cambodian people could stop
buying Thai products if fighting breaks out," she told the Post.

"This crisis absolutely impacts Thai business in Cambodia and
Cambodian employees employed by Thai companies," she said, adding that
her manager had already returned to Thailand because of the border crisis.

Two Cambodian soldiers were killed and several Cambodian and Thai
troops were wounded during Wednesday's gunfire exchange between the two
neighbors.

Singapore very disturbed by Thai—Cambodian border situation

Thursday, October 16
Channel NewsAsia/AFP

SINGAPORE: Responding to media queries on the exchange of fire between
troops at the Thai—Cambodia border, Singapore's Ministry of Foreign
Affairs said the republic is very disturbed by the turn of events.

A ministry spokesman said Singapore reiterated its call for both parties
to exercise utmost restraint in the broader interests of the region, and
urged both sides to resolve their differences through further negotiations.

Thai and Cambodian troops exchanged fire along the border on Wednesday,
killing two Cambodian soldiers, as a dispute over land near an ancient
temple turned deadly.

Cambodian Foreign Minister Hor Namhong said that two of his country's
soldiers were killed and two others wounded in the clashes, which
erupted sporadically for more than two hours before tapering off.

Lieutenant General Wiboonsak Neeparn, the army commander for
northeastern Thailand, said that five Thai troops were wounded.

Gunfights broke out in the afternoon in a number of small patches of
disputed land just a few kilometres (miles) away from the 11th century
Preah Vihear temple, an UN World Heritage site which is on Cambodian
territory.

Cambodia and Thailand have been sparring over land near the temple since
July, and tensions soared this week after talks on Monday failed and
about 80 Thai troops entered a disputed area, enraging Cambodia.

Fighting at Thai-Cambodia border kills 2 soldiers

*Fighting at Thai-Cambodia border kills 2 soldiers*
By KER MUNTHIT – 1 hour ago

PHNOM PENH, Cambodia (AP) — A gunfight broke out Wednesday between Thai
and Cambodian troops at a disputed border zone near a landmark
11th-century temple, killing two Cambodian soldiers and escalating a
conflict that has raised fears of war between the neighboring countries.

They were the first deaths in four months of fighting — the latest
flare-up in a decades-long dispute over a contested stretch of jungle
near the Preah Viheara temple. The World Court awarded the temple to
Cambodia in 1962, but sovereignty over some surrounding land has never
been clearly resolved.

Cambodian army commander Brig. Gen. Yim Pim said fighting had "paused"
in the afternoon and commanders were trying to negotiate a cease-fire.
Thai Prime Minister Somchai Wongsawat said the two countries' foreign
ministers were talking. Both sides said they wanted a peaceful resolution.

"Cambodia is a good neighbor. We will use peaceful means. If there is
violence, we have to negotiate," he said.

The clash came a day after Cambodian Prime Minister Hun Sen issued an
ultimatum to Thailand to pull back its soldiers from the disputed territory.

Tensions flared anew on July 15 after UNESCO approved Cambodia's bid to
have the Preah Vihear temple named a World Heritage Site, sparking fears
in Thailand that its claims over the nearby land would be undermined.

Cambodia deployed about 800 troops to the border after the UNESCO
decision, and Thailand sent some 400 soldiers. Both sides pulled back
most of their troops in late August, but the conflict flared again recently.

Both countries accused the other of firing first in Wednesday's clash.
It was not immediately clear how many troops were involved.

Cambodian Foreign Minister Hor Namhong said two of its soldiers were
killed and two were wounded in fighting near temple that lasted less
than an hour. Thai army spokesman Sansern Kaewkumnerd said five Thai
soldiers were wounded.

Hor Namhong said 10 Thai soldiers has surrendered, were being
well-treated, and would be returned to Thailand.

A Thai army spokesman said the military did not want to see the
situation deteriorate further.

"The Thai army will defend itself but the army commander has emphasized
that we will not react disproportionately, which may exacerbate the
problem," said army spokesman Sansern Kaewkumnerd. "We have reinforced
our troops but from an initial assessment, the army believes the
situation is now under control."

Thailand's Foreign Ministry said it had prepared aircraft if an
evacuation of Thai citizens in Cambodia was ordered.

"We are ready for an evacuation if necessary, but right now, there has
been no order to evacuate," said ministry spokesman Tharit Charungvat.
He said there were about 1,000 Thais in the Cambodian capital, Phnom
Penh, and 500 Thais in the city of Siem Reap.

Earlier Wednesday, Thailand put fighter jets on alert at air force bases
nationwide and C-130 transport planes on standby at a base in the
capital, Bangkok, that could evacuate Thais living in the border area
"if the tension escalates to a military confrontation," Thai air force
official Group Capt. Montol Satchukorn said.

"Our forces are on alert and ready to support the army's possible
operations on the border," Montol told The Associated Press. "These are
just precautionary measures. It's not that we are going to war."

Cambodia's deputy defense minister, Gen. Neang Phat, said, "We remain on
alert and have readied our forces adequately to protect our territory."

A brief gunfight broke out between the sides earlier this month, with
one Cambodian and two Thai soldiers wounded. Both sides claimed the
other fired first and blamed each other for being on the wrong side of
the border. Three days later, two Thai soldiers lost legs when they
stepped on land mines in the area.

Associated Press Writers Jocelyn Gecker and Ambika Ahuja in Bangkok,
Thailand contributed to this report.

Gunfire on Thai-Cambodian Border

*Gunfire on Thai-Cambodian Border*

By SETH MYDANS
Published: October 15, 2008

BANGKOK — Thai and Cambodian soldiers exchanged rocket and rifle fire
for about an hour on Wednesday, according to reports from the scene,
threatening to escalate a tense confrontation at the border over a
disputed 900-year-old mountaintop temple.

Several hundred soldiers from both sides have faced each other at the
border since July, when Unesco, the United Nations agency, approved
Cambodia's request to have the temple named a World Heritage Site.

There were no immediate reports of deaths. Brig. Gen. Yim Pim, the
Cambodian Army commander, said none of his men had been hurt. A
spokesman for the Thai foreign ministry said seven Thai paramilitary
soldiers were wounded. Ten Thai soldiers surrendered to the Cambodians,
according to press reports in the Cambodian capital, Phnom Penh.

The two nations have made claims for decades over the temple, Preah
Vihear, which stands at the lip of an escarpment on the border looking
out over the mountains of northern Cambodia.

In 1962, the International Court of Justice awarded the temple to
Cambodia, based on a map prepared at the start of the century by
colonial French rulers. Unesco placed the temple in Cambodia partly
based on that map when it awarded Preah Vihear world heritage status.

As a result of the rising tensions, Thai officials said they had
prepared aircraft to evacuate some 1,500 citizens living in Cambodia.
Thai authorities ordered a similar evacuation in 2003 when Cambodians
rioted in the capital in protest against Thailand, setting fire to Thai
businesses and to the Thai Embassy.

That earlier violence also involved claims to a temple, in that case the
crown jewel, Angkor Wat, which is well within the borders of Cambodia.

"Thai businessmen who have no need to be in Cambodia now, please rush
back to Thailand," Foreign Minister Sompong Amornvivat said Wednesday.

Thai nationals were reported to have huddled in a hotel in Phnom Penh
for safety, uncertain if they should evacuate. Riot police were deployed
outside the Thai Embassy.

Prime Minister Hun Sen of Cambodia on Tuesday issued an ultimatum to
about 80 Thai soldiers to withdraw from a portion of the temple area.
His noon deadline passed with the Cambodian side saying the Thais had
retreated and the Thais saying there had been no troop movements.

"At any cost we will not allow Thai troops to invade this area," Mr. Hun
Sen said Tuesday. "I would like to be clear about this. It is a
life-and-death battle zone."

The fighting on Wednesday was not the first since the two sides have
deployed soldiers at the temple. Early this month, one Cambodian and two
Thais were reported wounded in an exchange of gunfire.

Three days later, two Thai soldiers lost legs when they stepped on some
of the many thousands of land mines strewn through the area.

Thailand's 300,000-strong military is far better equipped and trained
than the Cambodian army, with F-16 fighter jets and Blackhawk
helicopters. But Cambodian soldiers have been fighting in the area for
decades and are hardened by guerrilla warfare.

The disputed temple was in the hands of Khmer Rouge guerrillas until a
decade ago, when the movement collapsed, 19 years after the fall of the
Khmer Rouge regime in Phnom Penh. Many soldiers and commanders in the
Royal Cambodian Armed Forces are former members of the Khmer Rouge.

Cambodia-Thai skirmish over, officials say

Cambodia-Thai skirmish over, officials say

said a skirmish on the two countries' shared border has ceased, and
Thailand's Prime Minister insists his troops did not start the exchange.

Prime Minister Somchai Wongsawat said fighting in disputed patches of
land near the ancient Preah Vihear temple on the Thai-Cambodian border
was "small scale", and said they had now subsided.

"We are not the ones who ignited the violence," Somchai told reporters.

"The situation has returned to normal now and this evening the foreign
ministry will hand over an aide memoir to a Cambodian diplomat," he said.

"It is not serious and I am convinced there will be resolution," he added.

The Cambodian army says the fighting ceased at around 4:45pm (8:40pm AEDT).

"The gunfire was suspended five minutes ago," Hom Sam Ol said, adding
that it stopped at a Thai commander's request.

Thai army spokesman Colonel Sunsern Kaewkumnerd said the Cambodians
started the battle.

"The fighting began at 2:30pm and lasted for 40 minutes. It was
triggered by a Thai patrol unit's encounter with their Cambodian
counterpart... the Cambodian side ignited fighting with rifles," Col
Sunsern said.

He also says he believed ongoing talks between the two sides would
prevent the situation from escalating.

Thailand's army spokesman has said one Cambodian soldier was killed and
four Thai troops were injured in Wednesday's clashes, which came after a
days of tension between the neighbours.

Cambodian army officials have insisted that Thai troops fired first
after they strayed into Cambodian territory.

Tensions between the neighbours flared this week after failed talks on
Monday aimed at cooling a months-long stand off over land near Preah Vihear.

Cambodian Prime Minister Hun Sen then issued an ultimatum to the Thai
side to leave or risk conflict after he accused more than 80 Thai
soldiers of entering one of a handful of disputed areas.

There are only a few hundred troops in the disputed zone but thousands
of soldiers from both countries have been deployed in the region.

Very few people live in the area, after local villagers were forced out
in the last flare-up in July.

- ABC/AFP

Tuesday, October 14, 2008

Thais pull back to avoid war with Cambodia

Staff writer

October 15, 2008 12:00am

*CAMBODIA and Thailand have pulled back from the edge of war after
threats to turn a disputed border area into a "life-and-death battle zone".*

Cambodian military officials said yesterday afternoon that Thai troops
had withdrawn from the area, hours after Cambodian Prime Minister Hun
Sen <http://www.cnv.org.kh/personInfo/biography_of_hun_sen.htm> issued
an ultimatum.

Hun Sen had earlier set a noon deadline for Thailand to remove about 80
soldiers he said had encroached on to a small patch of land near
Cambodia's Preah Vihear temple.

Cambodia warned Thailand it faced "a large-scale armed conflict" if the
troops did not leave. "We try to be patient, but I told the Thai foreign
minister . . . the area is a life-and-death battle zone," Hun Sen said.

Thai Premier Somchai Wongsawat
<http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSBKK3702620080917>
yesterday called a meeting of military leaders.

Tensions between the neighbours flared in July after the Preah Vihear
<http://en.wikipedia.org/wiki/Prasat_Preah_Vihear> temple was awarded
world heritage status <http://en.wikipedia.org/wiki/Prasat_Preah_Vihear>
by the UN, angering nationalists in Thailand who still claim ownership
of the site.

http://www.news.com.au/heraldsun/story/0,21985,24497613-5012752,00.html

Monday, October 13, 2008

Cambodia warns Thailand to stop trespassing

Cambodia warns Thailand to stop trespassing
Monday, October 13, 2008

PHNOM PENH, Cambodia (AP) — Cambodia's prime minister warned Thailand on
Monday that "armed clashes" will erupt if Thai troops continue to
trespass over the border.

Prime Minister Hun Sen's comments came after he met Thailand's foreign
minister in the latest effort to ease tensions over a territorial
dispute that earlier this month sparked a brief exchange of gunfire at
the border.

"We told them that if they do not stop (trespassing), armed clashes will
break out," Hun Sen told reporters.

Thailand's Foreign Minister Sompong Amornwiwat did not immediately
comment after the meeting.

Last week, two Thai soldiers were injured by land mines along the
border. Thailand says the soldiers were on the Thai side of the border,
but Cambodia has accused them of overstepping the boundary at a point
several miles (kilometers) west of the ancient Preah Vihear temple.

The area — known as Eagle Field — could become "a life-and-death battle
ground," Hun Sen said, adding that Thai soldiers are now camped there
about 33 yards (meters) from Cambodian troops.

Three days before that incident, at a point a few hundred yards (meters)
away, a gunfight broke out between soldiers from the two sides. One
Cambodian and two Thai soldiers were wounded.

Both sides claimed the other fired first and blamed each other for being
on the wrong side of the border.

Earlier Monday, Sompong held talks with his Cambodian counterpart, Hor
Namhong, but they failed to make any breakthrough in the dispute.

In a statement issued after the meeting, Cambodia's Foreign Ministry
called for more talks to "avoid further unwarranted hostilities."

Cambodian Maj. Gen. Srey Doek, an army commander, said his troops are on
high alert but declined to give their numbers.

Both countries have long claimed Preah Vihear, but the World Court
awarded it to Cambodia in 1962. Sovereignty over some of the land around
the temple, however, has not been clearly resolved.

Tensions flared July 15 after UNESCO, the U.N. agency, approved
Cambodia's bid to have the Preah Vihear temple named a World Heritage
Site. Both sides deployed troops to the border.

There has been a limited troop withdrawal from the area since, and talks
have been held several times to resolve the conflicting claims, but
without much progress.

Asia bracing itself for downturn in property markets

*Asia bracing itself for downturn in property markets*

Saturday, 11 October 2008
Property Wire

Asian property markets are falling victim to the global credit crisis
and seeking ways of lessening the impact at a local level.

In Cambodia the real estate boom which began in 2007 is over according
to a leading economist and in the Philippines real estate professionals
are calling for investment trusts to be approved in a bid to boost the
market.

'Our property markets are closely connected with the stock markets in
South Korea and other Asian countries. If these markets fall, we are
affected,' Kang Chandararot, head economist at the Cambodia Institute of
Development Study.

'Also South Korean and other Asian markets are very closely connected to
the US and these countries are our biggest investors. We will see a
recession in the short term, perhaps in six to 12 months,' he added.

The South Korean government issued a statement this week urging banks to
sell foreign assets to increase liquidity. South Korea is Cambodia's
biggest investor and a fall in South Korea would be especially harmful
to local growth.

No figures on the depth of the decline are available, but industry
experts said the impact could be felt soon. Cheam Yeap, chairman of the
National Banking and Finance Committee, said the global finance crisis
might affect the real estate market, but not the economy as a whole as
it is sufficiently diversified in tourism, agriculture and garment
manufacturing to withstand the downturn.

Property firms in the Philippines believe that establishing real estate
investment trusts (REITs), will help to boost the local market. Jaime
Ayala, president of Ayala Land, Inc., said it would open up another
avenue to raise capital and give the public a new investment vehicle.

'It will be a win-win situation. It will allow us to get more capital to
allow us to develop more projects, and at the same time, this will be a
nice form of investment for the public,' he said.

'This will spur economic activity since this will give investors good
yields. This will also give property companies a chance to develop more
projects,' said Jeffrey C. Lim, chief finance officer of SM Prime Holdings.

A bill allowing the introduction of REITs is currently going through the
House and Senate.

Friday, October 10, 2008

Cambodian property market fears crisis

www.chinaview.cn 2008-10-10 17:11:55


PHNOM PENH, Oct. 10 (Xinhua) -- Cambodia's real estate boom maybe coming
to an end, with the global financial meltdown threatening foreign
investment, national media reported Friday. "Our property markets are
closely connected with the stock markets in South Korea and other Asian
countries. If these markets fall, we are affected," Kang Chandararot,
the head of the economists at the Cambodia Institute of Development
Study, was quoted by the Phnom Penh Post as saying.

"We will see a recession in the short term, perhaps in six to 12
months," he said.

The South Korean government issued a statement this week urging banks
to sell foreign assets to increase liquidity, the Post said.

South Korea is Cambodia's biggest investor and a fall in South Korea
would be especially harmful to local growth, it said.

"South Korean and other Asian markets are very closely connected to
the U.S., and these countries are our biggest investors," said Kang
Chandararot.

Cambodia's real estate sector has enjoyed unprecedented growth since
2007, but began to slide in mid-2008, industry sources say.

No figures on the depth of the declines were available, but industry
experts said the crisis' impact could be felt soon.

Meanwhile, Cheam Yeap, a lawmaker with the Cambodian People's Party
and chairman of the National Banking and Finance Committee, said the
U.S. crisis might affect the Kingdom's real estate market, but not the
economy as a whole.

He said Cambodia's economy is sufficiently diversified in tourism,
agriculture and garment manufacturing to withstand the global crisis.

Editor: Jiang Yuxia

Saturday, October 4, 2008

Cold border standoff turns hot

Saturday, 04 October 2008
Written by Thet Sambath and Brendan Brady
The Phnom Penh Post

Cambodian and Thai troops suffered injuries during an exchange of
gunfire Friday afternoon near Preah Vihear temple, in the first real
military fighting of the prolonged border standoff, say Cambodian
officials.

"One Cambodian was shot in the arm, and we believe one or two Thai
soldiers were injured," according to Yim Phim, the commander of brigade
43, which is stationed in the area.

He said the incident started at around 3:00pm when about a dozen Thai
soldiers approached a Cambodian army encampment at Phnom Troap, just a
couple kilometres from the World-Heritage listed temple, and demanded
troops there leave.

"They showed them a Thai-made map and told the Cambodians to get off the
land. An argument went on for a while," said Yim Phim. "The Thais then
withdrew about ten meters and started firing."

"Thai soldiers first fired an M-79 (grenade launcher), and Cambodians
shot back with a B-40 (grenade launcher). Then both sides fired with
machine guns," he said.

He said the Thai soldiers withdrew across the border after dark, around
5:30, while the Cambodian soldiers remained in their original position.

"In that area, soldiers from both countries used to stay close to each
other, but the situation has changed and now everyone is on high alert."

Srey Doek, the highest-ranking military official stationed inside the
Preah Vihear temple complex, told the Post Saturday morning that his
Thai counterpart had requested to meet him Saturday afternoon in the
local pagoda, but he still did not have authority from his superiors to
attend.

Cambodian government and army leaders have thrown a wet blanket on the
first reported violent military clash since the standoff began more than
11 weeks ago, characterizing it as a localized incident that would not
threaten to spread to other points along the border.

Chea Morn, head commander of Military Region 4, which includes Preah
Vihear province, corroborated that "a clash", as described by the
brigade commander, had taken place, but said it was "just a small
problem... and would be resolved."

Council of Ministers spokesman Phay Siphan said the Cambodian Ministry
of Foreign Affairs would contact its Thai counterpart to discuss to
incident, but called it "a problem between the soldiers stationed in
that area... and not a problem between the governments."

"The government's position is still that diplomatic negotiations must be
used to solve this dispute."

Just earlier this week, in the sidelines of the UN General Assembly
summit in New York, top foreign affairs officials from both sides
reiterated the commitment of their governments to resolving the dispute
peacefully.

Phay Siphan said talks between the Cambodian and Thai prime ministers on
October 13 in Phnom Penh would proceed as planned.