Pchum Ben Prayers for Peace, Prosperity and Reconciliation
Some prayed for their businesses to prosper and for the CPP and CNRP to reconcile, others for peace and development. These and other wishes were made at pagodas across Phnom Penh and the rest of the country on Thursday, as the Pchum Ben festival got ...
Mech Dara
http://www.cambodiadaily.com/news/pchum-ben-prayers-for-peace-prosperity-and-reconciliation-44421/
Gov’t pledges to cut red tape
In a bid to make Cambodia more business-friendly, the government will cut back on red tape and reduce industry membership costs, Sun Chanthol, the new minister of commerce, said yesterday. Speaking to representatives from the private sector at a conference at the InterContinental Hotel in Phnom ...
Hor Kimsay
http://www.phnompenhpost.com/business/gov%E2%80%99t-pledges-cut-red-tape
High hopes for fishing season
The largest fish harvest of the year is approaching, and Phnom Penh’s fish markets are about to get busy. In short, it’s December and so prahok season is upon us. A traditional Cambodian fish paste, prahok is made from fermented Siamese mud carp called trey riel in ...
Chan Muy Hong
http://www.phnompenhpost.com/business/high-hopes-fishing-season
Increased residential, office and retail demand fueling rise in construction imports
Cambodia spent more than $414 million on imported construction materials to meet increasing demand in the local construction and property sectors last year – a rise of 7 per cent compared to 2012. According to officials and industry insiders, the increased value of imports reflected steady ...
New Futuristic Tuk-Tuks Arrive on the Streets of Phnom Penh
Most tuk-tuk drivers have to continuously vie with each other to attract tourists’ attention, but Oung Hour gets it without even trying. As he stands on the sidewalk near the riverside, groups of tourists point at his bright mustard-yellow tuk-tuk, its smooth fiberglass body shaped like ...
Emily Wilkins and Sek Odom
http://www.cambodiadaily.com/news/new-futuristic-tuk-tuks-arrive-on-the-streets-of-phnom-penh-52616/
RCAF plates still widely used, despite ban
When the 2007 Traffic Law was passed, it required that the myriad private vehicles on the road bearing Royal Cambodian Armed Forces (RCAF) number plates be removed and switched with civilian plates within one year. But more than six years after this deadline, the sight of ...
Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/rcaf-plates-still-widely-used-despite-ban-58449/
First sentence given for facebook comments
The Phnom Penh Municipal Court on Thursday fined a 29-year-old hairstylist and make-up artist 2 million riel, or about $500, and ordered her to pay 5 million riel, or about $1,250, in compensation to a rival beauty parlor owner she defamed on Facebook. The sentence is ...
Eang Mengleng And Denise Hruby
http://www.cambodiadaily.com/news/first-sentence-given-for-facebook-comments-51649/
City Hall breaks ground on new 11-story $3.5 million office
The Phnom Penh Municipality has broken ground on a new 11-story $3.5 million building that is intended to house the city’s public services, the municipal spokesman said Monday. Long Dimanche said construction on the building, which is being erected on a 1,000 square meter plot of ...
Kuch Naren
http://www.cambodiadaily.com/news/city-hall-breaks-ground-on-new-11-story-3-5-million-office-53439/
Cancer clinic still operating without license
A clinic claiming to cure cancer, diabetes and other serious illnesses through “detoxification” is operating without a license, five months after it opened illegally in Phnom Penh. The Immanuel Bicom True Healing Center in Chamkar Mon district came under scrutiny shortly after opening in early December ...
Sek Odom
http://www.cambodiadaily.com/news/cancer-clinic-still-operating-without-license-57875/
Small and medium enterprises prepare for ASEAN
Cambodia’s small and medium enterprises (SMEs) are busily preparing for the ASEAN Economic Community’s free flow of goods in 2015 and are probably not that different from the other 10 ASEAN member states’ own SMEs. Te Taing Por, president of the Federation of Associations for ...
Asia’s Newest Stock Market Is Risk to Investors, Sam Rainsy Says
Investors in Cambodia, tied with Yemen as the world’s 164th-cleanest country for doing business, face risks in a planned stock market because of ineffective financial and legal systems, the country’s exiled opposition leader said. “Among the little dragons of Southeast Asia, Cambodia is the least encouraging,” ...
The Kingdom’s first IPO
The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...
http://www.phnompenhpost.com/index.php/2012030854926/Business/the-kingdoms-first-ipo.html
PM: Improve lives of disabled
Prime Minister Hun Sen has urged the relevant institutions to improve the living standards of disabled persons in line with the national economy. In a message to commemorate the 21st Day of Cambodian Persons with Disabilities and the 37th International Day of Persons with Disabilities, which ...
Ry Sochan
https://www.phnompenhpost.com/national/pm-improve-lives-disabled
ASEAN Spells Out its Tourism Priorities Ahead of 2015
The countries of ASEAN are now implementing a clear road map to achieve the tourism objectives of the ASEAN Economic Community, due 2015. There will be a new ‘ASEAN for ASEAN’ campaign and special promotions, along with enhanced strategic cooperation with the growth markets of ...
Chinese Mining Firm Plans Siem Reap Extraction
A Chinese conglomerate headed by an adviser to Senate President Chea Sim plans to begin extracting gold and copper in Siem Reap province in two months, the firm’s chairman said yesterday. Khmer Holding, a group of companies that claims vast mineral interests in Cambodia, opened an ...
Survey Says Cambodia Lacks Fiscal Transparency
The government has failed to improve transparency of its finances, according to a global report released yesterday, which ranks Cambodia among the worst countries in the world for openness over budgets. The Washington-based International Budget Partnership’s Open Budget Survey 2012- conducted in Cambodia by NGO Forum- ...
Wagering on warm fronts
A busty woman with a scratchy voice shrieks into an intricate set up of radios, microphones and walkie-talkies, her tone not unlike that of a breathless Flemington race-caller. The woman is in continuous contact with up to 100 men peppered over rice fields fringing Battambang, analyzing the ...
http://www.phnompenhpost.com/7days/1848-wagering-on-warm-fronts
Capital ideas for developers
Peering out over the Tonle Sap River in Phnom Penh from a sixteenth-storey private balcony at the new Bellevue Apartments, one could watch for hours as cranes swing back in forth over all the new developments on the west side of the water. “Phnom ...
http://www.bangkokpost.com/business/economics/332995/capital-ideas-for-developers
Mfone transfer questioned
Although Mfone subscribers are due to transfer their accounts to Mobitel today, the Post has learned that telco provider Huawei Technologies (Cambodia) is still waiting for a court to rule on the legality of the transaction. Huawei’s lawyer, Kuoy Thunna, filed a letter late last month ...
http://www.phnompenhpost.com/2013020661207/Business/mfone-transfer-questioned.html
Hun Sen Demands Answers to Sihanoukville Water Shortage
Prime Minister Hun Sen chastised local authorities in Preah Sihanouk province on Friday for their inability to prevent a water shortage in early April that crippled businesses in the tourist hub of Sihanoukville and left locals without running water for almost a week. The incident ...
http://www.cambodiadaily.com/news/hun-sen-demands-answers-to-water-shortage-20480/