Cambodia rejoins the world of stocks
Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...
Election Body Urged to Keep Gov’t Out of Politics
Nine non-governmental groups issued a statement late last week urging the country’s National Election Committee (NEC) to enforce laws that bar political parties from using state resources. “The NEC has to punish the politicians and parties who use the state resources,” said Yong Kim Eng, ...
Water Protests Continue After Failed Talks
Protests continued in Prey Veng City yesterday for the second day as more than 1000 residents demonstrated in front of the provincial offices over increases to water prices instituted by a private company that recently took over the city’s water supply, residents said. The Kim ...
Clogged, creaking airports hamper SE Asia carriers
It’s a scene repeated endlessly at most of Southeast Asia’s main airports – planes forced to circle overhead or idle on the tarmac and travellers stuck in serpentine queues at immigration desks, security checkpoints and baggage carousels. And it’s likely to get worse in capitals like ...
http://www.reuters.com/article/2012/03/26/uk-airlines-southeastasia-idUSLNE82P00P20120326
Power trade talks with Thailand are planned
Cambodia is planning talks with the Electricity Generating Authority of Thailand (Egat) to purchase 300MW of power, Ministry of Mines and Energy official Victor Jona said on Tuesday. Jona, the director-general of the ministry’s General Department of Energy, told The Post that the talks could ...
Thou Vireak
https://www.phnompenhpost.com/business/power-trade-talks-thailand-are-planned
Banh: ‘Talks ongoing over US cooperation’
Minister of National Defence Tea Banh and new US ambassador to Cambodia Patrick Murphy have agreed to strengthen cooperation between the two countries, particularly militarily. Banh, who is also deputy prime minister, told The Post that during a meeting with Murphy on Wednesday at the ...
Mech Dara
https://www.phnompenhpost.com/national/banh-talks-ongoing-over-us-cooperation
Japan grants $190K for environment education
The government of Japan, via its embassy in Cambodia, granted more than $190,000 on Tuesday to Nature Centre Risen, an NGO for environmental education at kindergarten and secondary schools in the Kingdom. The grant is for the project, “Realisation of Sustainable Life Environment through the ...
Voun Dara
https://www.phnompenhpost.com/national/japan-grants-190k-environment-education
Trump: US does not want regime change in Kingdom
US president Donald Trump has expressed the US’ commitment to respecting Cambodia’s sovereignty and invited Prime Minister Hun Sen to attend the US-Asean summit in the US next year. Trump made the pledge and invitation in two separate letters addressed to Hun Sen early this ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/trump-us-does-not-want-regime-change-kingdom
Apsara raises concerns over illegal construction in Angkor
The Apsara National Authority expressed concern over illegally built structures along Siem Reap’s Angkor resort area. Apsara National Authority spokesman Long Kosal told The Post on Monday that many residents of the Angkor resort area, who had requested building permits from the Apsara National Authority, ...
Long Kimmarita
https://www.phnompenhpost.com/national/apsara-raises-concerns-over-illegal-construction-angkor
PM: Gov’t to inject millions to modernise Calmette Hospital
Prime Minister Hun Sen said on Monday that the government will provide $30 million for the state-run Calmette Hospital to continue the construction of a new 12-storey building. Estimated to cost $39.7 million, the building is currently only 17 per cent complete. In a Facebook ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/pm-govt-inject-millions-modernise-calmette-hospital
US, Cambodia pledge to strengthen military ties
The US on Tuesday pledged to help train military officers, particularly Cambodia’s blue helmet troops deployed for UN’s peacekeeping operations. The pledge was made during a meeting between US ambassador Patrick Murphy and Royal Cambodian Armed Forces (RCAF) commander-in-chief General Vong Pisen. Further strengthening of ...
Mech Dara
https://www.phnompenhpost.com/national-politics/us-cambodia-pledge-strengthen-military-ties
Healthcare management transferred to sub-national level
The government on Monday issued a sub-decree to delegate the management of healthcare provision to sub-national administrations, which will be effective as of January next year. The sub-decree was approved by Prime Minister Hun Sen last Wednesday and signed by relevant ministers including Minister of ...
Niem Chheng
https://www.phnompenhpost.com/national/healthcare-management-transferred-sub-national-level
Firm's 'hostage' awaits justice
Heng Hak wore a blank expression yesterday, her hair recently dyed a shade of blonde. Though her appearance suggested composure, a lift of her pant leg revealed the manifestation of the trauma she tried to escape last year. In March 2011, Hak jumped from the third ...
http://www.phnompenhpost.com/index.php/2012083158412/National-news/firms-hostageawaits-justice.html
The Road to Recovery
The site of Koh Pur village’s new bridge may still be nothing more than pillars in a dusty crevice in the road, but when the link is finished – some time in December, authorities say – it will be a welcome relief for the village ...
At ASEAN energy summit, green energy and investment were in focus
In his talk at the ASEAN energy ministers meeting held in Phnom Penh last week, Prime Minister Hun Sen emphasized the need for the ten-member bloc to work together to bolster its regional energy connectivity to meet a rapidly growing demand for energy. He also ...
Long-Delayed Donor Meeting Set for Wednesday
The government and its foreign donors are preparing for their next high-level aid meeting Wednesday, their first sine the government surprised donors in August 2011 by indefinitely suspending the meetings, citing the global financial crisis. However, officials at the Finance Ministry and the Council for the ...
Index Shows Little Progress in Gender Equity
Cambodia has made almost no progress over the past six years when it comes to gender equality, and is still the lowest-ranked country in the region, according to the World Economic Forum’s 2012 Gender Gap Index. Ranked 103 out of 135 countries surveyed, Cambodia placed last ...
http://www.cambodiadaily.com/news/index-shows-little-progress-in-gender-equality-4777/
Value of Approved Property Projects Soar
The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase compared to the same period in 2011, according to data released yesterday by the Ministry of Land Management. Tith Khemra, director of ...
http://www.cambodiadaily.com/business/value-of-approved-construction-projects-soars-4762/
MP urges government to scrap Koh Kong dam project
A dam project set to flood thousands of hectares of protected forest and displace about 1,500 indigenous minority villagers in one of Koh Kong province’s most precious ecosystems should be scrapped, opposition Sam Rainsy Party MP Son Chhay said yesterday. The 109-megawatt dam project in the ...
http://www.phnompenhpost.com/index.php/2012042055676/National-news/dont-dam-minority-mp-says.html
Solving problems brings in wealth
One of Cambodia’s true rags-to-riches success stories is that of Din Somethearith, co-founder and executive director of Frangipani Villa Hotels. Frangipani, named for the blossoming tree, is a chain of boutique hotels, One of which is located just off Street 178 at number 43, down a ...
http://www.phnompenhpost.com/index.php/2012051456140/Business/solving-problems-brings-in-wealth.html