The Week at the CSX
The price of Phnom Penh Water Supply Authority stock over the Sept. 6-12 period fluctuated between KHR 6,350 (US$1.57) and KHR 6,300 (US$1.55). The price on Sept. 6, KHR 6,350, fell to KHR 6,300 (US$1.58) on Sept. 7 and remained there until climbing to KHR 6,350 ...
Wildlife at odds with ELCs
Economic land concessions strewn over the remote Western Siem Pang forest, in Stung Treng province, are threatening the survival of Cambodia’s national bird, the giant ibis, a report reveals. The forest, flanking the Kingdom’s border with Laos, is home to five critically endangered bird species, yet ...
Unequal treatment at Cambodian factories
The ongoing story of garment workers left jobless by company closures in late December is fast becoming A Tale of Two Factories: one group of workers has everything before it, the other has nothing. It’s this widening gulf between workers at Yung Wah Industrial and Kingsland ...
http://www.phnompenhpost.com/2013022561588/National/unequal-treatment-at-factories.html
‘Restraint’ watchword at ASEAN meet
The planned theme of yesterday’s ASEAN defence ministers roundtable was military cooperation between countries, particularly in times of natural disaster, but it was a theme invariably pushed to the background by other regional developments. Among them was what appeared to be a cooling-off period in the ...
http://www.phnompenhpost.com/index.php/2012053056478/National-news/restraint-watchword-at-meet.html
The Week at the CSX
After sudden increase in price to KHR 6, 600 (US$ 1.62) on July 25, over the next week the price rose for a couple of days before eventually changing direction, falling to 6,400 (US$1.57) on August 1. Trading volumes were larger compared to the week ...
Govt hits back at critics
The recent deluge of comments critical toward the Cambodian government is an attempt to sow political chaos, a senior official said yesterday. at a press conference held at the Council of Ministers, Keo Remy, deputy chairman of the Press and Quick Reaction Unit, blasted several individuals ...
Clash erupts at SL factory
Security guards clashed yesterday with workers from two SL Garment factories that supply Levi’s, Gap and H&M, as the number of employees protesting exceeded 5,500 – or more than 90 per cent of the staff. Protester Kim Voeun, 32, said security guards, in the presence of ...
http://www.phnompenhpost.com/index.php/2012052456366/National-news/clash-erupts-at-sl-factory.html
Looking back at riel history
For the past decade, Cambodia’s economy has steadily grown with GDP growth surpassing 5% on a compounded annual basis for the past twelve years. Nearly 58% of the populace is engaged in agriculture, while the service sector employs 26% and industry accounts for the remaining ...
http://www.phnompenhpost.com/index.php/2012071057308/Business/history-of-the-riel.html
Cambodia's garment industry at crossroads
Nun Vanak is an excellent example of how Cambodia’s garment manufacturing industry has helped to change lives of hundreds of thousands of people in this country. The 23-year-old is part of Cambodia’s half-a-million-strong workforce – mostly young women – that keeps these garment factories running. Her income ...
Illegal rosewood seized at border
Police have cracked down on illegal large-scale rosewood smuggling at the Cambodia-Thai border in the district of Malai. In the sting operation Tuesday night, led by Banteay Meanchey prosecutor, Phan Pirom, the authorities have seized around three tons of rosewood, hidden in the truck bed used ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2M4YzlhNzA2NmY
Thai generator looking at Kingdom
Thailand-based Ratchaburi Electricity Generating Holding Pcl (RatCH) has “seriously assessed” investment possibility in neighbouring countries including Cambodia, a company statement said last Thursday. It said it had geared up for business expansion in domestic and international markets in the potential existing investment bases Laos and Australia, ...
http://www.phnompenhpost.com/2013052065705/Business/thai-generator-looking-at-kingdom.html
Fear keeps workers at home
When the garment factory that employs her opened its doors yesterday for the first time since Sunday’s election, Chan Neoun was about 130 kilometres away, at home in Svay Rieng province. Intense rioting and a military crackdown were just some of the rumours flying around ...
http://www.phnompenhpost.com/business/fear-keeps-workers-home
Growth at risk from ‘turmoil’
Cambodia’s Minister of Commerce and long-time ruling party stalwart Cham Prasidh said yesterday that post-election demonstrations could prevent growth and even result in small-scale looting. “If they want to destroy the economy, they have to protest more and more in order to destroy,” he said. Speaking ...
http://www.phnompenhpost.com/business/growth-risk-%E2%80%98turmoil%E2%80%99
Protesters take aim at prices
Tuk-tuk, motorbike and taxi drivers were among hundreds of workers from Cambodia’s “informal economy” who called on the government yesterday to cap fuel prices at 4,000 riel ($1) per litre, amid claims that the current 5,000 riel price leaves them unable to cover any more ...
Hor Kimsay
http://www.phnompenhpost.com/business/protesters-take-aim-prices
Database looks at court flaws
Nearly half of defendants lack legal representation, 80 per cent are held in pretrial detention, and a sizeable chunk confess before they get a hearing, according to an online public database released yesterday by the Cambodia Center for Human Rights. The database reveals numerous infringements on ...
Laignee Barron and Chhay Channyda
http://www.phnompenhpost.com/national/database-looks-court-flaws
CPP hints at NEC reforms
The ruling Cambodian People’s Party has reiterated its commitment to carry out electoral reforms ahead of the 2017 poll in an apparent bid to appease key demands of the opposition, civil society and the international community following July’s disputed election. With rare frankness, the party says ...
May Titthara
http://www.phnompenhpost.com/national/cpp-hints-nec-reforms
Partial victory at the ICJ
The International Court of Justice yesterday unanimously declared that its 1962 judgment awarding the Preah Vihear temple to Cambodia also gave the Kingdom sovereignty over the promontory that the temple sits on. But while the announcement was initially greeted as a resounding victory by some in ...
Post Staff
http://www.phnompenhpost.com/national/partial-victory-icj
Staffers walk at tech NGO
More than 100 work-study participants employed by NGo Digital Divide Data (DDD) in the capitol’s Chamkarmon district jumped on the strike bandwagon on Monday, demanding the same monthly wage garment workers are calling for, a union representative said yesterday. Employees are charged with transforming physical documents ...
Chhay Channyda and Amelia Woodside
http://www.phnompenhpost.com/national/staffers-walk-tech-ngo
Two’s company at CSX
It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...
Eddie Morton
http://www.phnompenhpost.com/business/two%E2%80%99s-company-csx
Sorya back at negotiating table
Former staffers of Phnom Penh Sorya Transportation will meet with a company representative tomorrow to demand reinstatement after more than two weeks of the firm’s continued refusal to comply with a decision by the Arbitration Council, they and the bus operator said yesterday. According to Yim ...
Pech Sotheary
http://www.phnompenhpost.com/national/sorya-back-negotiating-table