Israel-Palestine conflict: Cambodia calls for utmost restraint
Cambodia’s Ministry of Foreign Affairs and International Cooperation on Oct. 8 issued a statement over the Israel-Palestine conflict, calling upon all parties to exercise utmost restraint and seek avenues for de-escalation and ceasefire. ...
Khmer Times Staff
https://www.khmertimeskh.com/501373395/israel-palestine-conflict-cambodia-calls-for-utmost-restraint/
Water Authority Stock Launch May Be Delayed
It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...
Sokha’s pardon: ‘no conditions’
Freshly pardoned CNRP deputy leader Kem Sokha yesterday claimed the pardon that exonerated him on Friday was made without any conditions or concessions from the opposition party. The acting president of the opposition, who had been under de facto house arrest since May and had been ...
Taing Vida
http://www.khmertimeskh.com/news/32752/sokha---s-pardon-----no-conditions---/
Horrific state of P Speu revealed
Beneath a tree in Phnom Penh’s remote Prey Speu Social Affairs Centre – a de facto prison used to indefinitely incarcerate some of the capital’s most vulnerable citizens – a woman yesterday chanted loudly before bursting into tears and then laughter. Like many others at the ...
Sen David and Alice Cuddy
http://www.phnompenhpost.com/national/horrific-state-p-speu-revealed
Hun Sen orders Education Minister to stop signing university diplomas
Prime Minister Hun Sen on Monday publicly announced that Education Minster will no longer sign the university diplomas which shall be signed at the university level. He said the reason to let the rectors sign the diplomas, is to promote the quality of education in ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NmQzNzVkZDIxYTN
Private Firms Approach Cambodia’s Bourse With Caution
When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...
New BKK1 condo development shoots for 2017 completion
Nine floors of the 32-storey BKK1 condominium project, Platinum Bay, are now completed and construction is slated to be completed by mid-2017. Platinum Bay is located on Street 282, not far from the soon-to-be-completed De Castle Royal, a part of town that property insiDers see as ...
Siv Meng
http://www.phnompenhpost.com/real-estate/new-bkk1-condo-development-shoots-2017-completion
European Union, Germany, France co-invest $115m in rural infrastructure
Representatives from the Cambodian government, the German development bank KfW, Agence Francaise de developpement (AFD) and the European Union (EU) have signed agreements for the financing of the RID4CAM (Rural Infrastructure development for Cambodia) project, which aims to develop rural infrastructure in the central plain ...
Harrison White
https://www.khmertimeskh.com/50796892/european-union-germany-france-co-invest-115m-in-rural-infrastructure/
Amid credit expansion, Riel loans minimal
Cambodia’s credit sector is expanding rapidly with the central bank saying now is the time to start infusing the market with riel and begin a process of de-dollarization in the country’s economy. But as the growth of dollarized loans outstrips those in riel, disbursing credit ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/amid-credit-expansion-riel-loans-minimal-66610/
Ground breaks on Battambang water plant
Ground has been broken on a new water treatment plant in Battambang province which will serve the provincial capital. The plant, in Kampong Wat Kor commune’s Seima village of the town, is co-financed by the Asian Development Bank (ADB) and the Agence Francaise De Developpement- AFD ...
Yuth Vireak
https://www.phnompenhpost.com/national/ground-breaks-battambang-water-plant
First two days of voter registration nets over 30K new voters
The National Election Committee (NEC) confirmed that in the first two days of new registration on October 20-21 for next year’s national election, more than 30,000 new voters had registered, while nearly 6,000 people have been de-listed. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/first-two-days-voter-registration-nets-over-30k-new-voters
Cambodia Takes Aim at the Dominant Dollar
PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...
http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html
Death Toll Rises Even as Floodwaters Recede
As floodwaters begin to recede, the extent of the humanitarian crisis and infrastructural damage is slowly being revealed, and in many places the situation is potentially worse than it was following the devastating floods in 2011, according to the National Committee for Disaster Management (NCDM). Keo Vy, ...
Simon Henderson and Ben Sokhean
http://www.cambodiadaily.com/news/death-toll-rises-even-as-floodwaters-recede-45349/
Last warning for Angkor park holdouts
Prime Minister Hun Sen issued a warning to people who are living in the Angkor Archaeological Park and refuse to relocate their houses. He told them that when measures are taken to clear the area are over, they will not receive any form of compensation, ...
Voun Dara and Samban Chandara
https://www.phnompenhpost.com/national/last-warning-angkor-park-holdouts
First CPP National Assembly Plenary Session Set for Thursday
The National Assembly will hold its first plenary session meeting on Thursday since Prime Minister Hun Sen’s 68 members of parliament last month approved an Assembly president and chairpersons to head the body’s nine committees, and despite the opposition CNRP still refusing to take their ...
Hul Reaksmey
http://www.cambodiadaily.com/elections/first-cpp-national-assembly-plenary-session-set-for-thursday-44452/
EU Launches Food Security Program Aimed at Minorities
The European Union has launched a $4.5 million program aimed at increasing food security among indigenous minorities in Ratanakkiri province, including those whose land has been affected by the growing number of economic land concessions in the area. Speaking on the sidelines of the launch in ...
Active acquisition is a GO
Malaysian-based GO Communications Group signed an acquisition deal to buy out Cambodian based Active Event Management, on Friday, Sept 21, 2012. Siet Sisopheak, managing director of Active, said GO became interested in the company because of improvements in Cambodia’s economy and how it would benefit the ...
http://www.phnompenhpost.com/index.php/2012092558890/Business/active-acquisition-is-a-go.html
Gunslinger Tycoons
PM Hun Sen’s September 20 cri de couer beseeching powerful officials and their friends and families to not fire or wield their weapons in restaurants and other public places, especially those haunts frequented by foreigners, threatens to spoil the sport most enjoyed by the Kingdom’s well-heeled elite. ...
Riel trust needed for stability
As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...
Eddie Morton
http://www.phnompenhpost.com/business/riel-trust-needed-stability