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Net widens on fishing trap ban

Less than a week after banning commercial fishing in Tonle Sap Lake, Prime Minister Hun Sen issued a sub-decree on Monday extending the ban to four provinces along the Mekong River. According to the sub-decree, signed March 5 and released publicly yesterday, commercial fishing will be ...

http://www.phnompenhpost.com/index.php/2012030754900/National-news/net-widens-on-fishing-trap-ban.html

Riverbank Collapse Prompts Dredging Complaint

More than 300 Kandal province villagers have filed a complaint with Sa’ang district officials over sand dredging along the Bassac river after riverbanks in their village collapsed, district governor Khim Chankiri said yesterday. Mr. Chankiri said, however, that the sand dredging operation along the Bassac ...

More than 40 faint as firm denies exit

More than 40 workers had fainted at a garment factory yesterday after officials prevented them leaving the building when four of their co-workers collapsed, a labour department official said. The mass fainting occurred at the Nanguo Garment Co Ltd factory in Preah Sihanouk province’s Prey Nub ...

http://www.phnompenhpost.com/index.php/2012030754901/National-news/more-than-40-faint-as-firm-denies-exit.html

Jailed Fishermen Released After Hun Sen Order

Within days of Prime Minister Hun Sen’s announced amnesty for those detained and jailed for fisheries crimes, the Ministry of Justice responded and has already freed dozens of suspects from provincial prisons around the country, judicial officials said yesterday. Independent analysts, however, said the order ...

Railway project suffers a blow

The contractor in charge of rebuilding Cambodia’s national railway has been cutting corners on the health and safety of its workers, according to a report published yesterday by the Asian Development Bank. TSO-AS & Nawarath, a French-Thai joint venture, was reportedly found to have grossly violated ...

http://www.phnompenhpost.com/index.php/2012032355214/Business/railway-project-suffers-a-blow.html

ASEAN hits troubled waters

Prime Minister Hun Sen pushed regional unity at the opening ceremony of the ASEAN Summit yesterday, but criticism directed at Cambodia over the South China Sea ensured the dispute remained front and centre. As heavily armed guards lined the streets outside the Peace Palace in Phnom ...

http://www.phnompenhpost.com/index.php/2012040455423/National-news/asean-hits-troubled-waters.html

Open Development Cambodia has added one new feature​ of Cambodia-Sino Metallic Material SEZ on Special Economic Zones (SEZs) profile page

Open Development Cambodia (ODC) has just published a new online resource detailing on 39 Special Economic Zones in Cambodia along with comprehensive references which are accessible and available in bilingual versions, Khmer and English. Together with the website’s map web tool, this profile page aims ...

Open Development Cambodia publishes a new topic page on “SDG 2 Zero hunger” and “SDG 10 Reduced inequalities”

Open Development Cambodia (ODC) publishes 2 new topic pages on​ “SDG 2 Zero hunger” and “SDG 10 Reduced inequalities”, which are two of the 17 goals of the UN Sustainable Development Goals (SDGs), in both Khmer and English languages. Through ODC’s new topic pages on ...

Government urged to pursue corrupt oknhas

Following the release of the Ministry of Environment’s annual report, eco-activists have urged it to crack down on influential oknhas who allegedly flouted the Kingdom’s environmental protection laws. A total of 278 cases of natural resource crimes were sent to Cambodian courts in the first ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/government-urged-pursue-corrupt-oknhas

Government studying EU’s preliminary report on EBA

The Ministry of Foreign Affairs and International Cooperation on Wednesday said the government was studying the EU Commission’s preliminary report on the human rights situation in the Kingdom that could lead to a suspension of access to its “Everything But Arms” (EBA) agreement.The EU launched ...

Mech Dara
https://www.phnompenhpost.com/national-politics/government-studying-eus-preliminary-report-eba

Strong growth projected for Cambodia’s banking sector

National Bank of Cambodia (NBC) governor Chea Chanto said on Monday that the Kingdom’s economy has maintained robust growth with low and manageable inflation which paves a favourable path for the banking sector’s continuous development. Meanwhile, fintech is playing an important role in the financial ...

May Kunmakara
https://www.phnompenhpost.com/business/strong-growth-projected-cambodias-banking-sector

Chinese eye asset management

A group of Chinese investors has expressed interest in investing in Cambodia’s asset management sector and tapping into the vast opportunities for businesses and investments brought about by the Kingdom’s current economic development. Kao Thach, the CEO of state-owned Rural Development Bank (RDB), met with a ...

Thou Vireak
https://www.phnompenhpost.com/business/chinese-eye-asset-management

Officials pumping water into drought-affected rice fields

National Committee for Disaster Management spokesman Keo Vy told The Post on Monday that the drought is taking its toll on more than 10,000ha of rice fields in Battambang and more than 1,000ha in Kampong Cham. He said Prey Veng, Kandal, Takeo, Banteay Meanchey, Tbong Khmum, ...

Khorn Savi
https://www.phnompenhpost.com/national/officials-pumping-water-drought-affected-rice-fields

Sinking feeling on river's edge

About 50 villagers in Kandal province protested yesterday in an attempt to halt the activities of a Vietnamese sand-dredging company, which they said has caused a huge swath of their land to slide into the Mekong River. Residents of Kien Svay district’s Koh Prak village said ...

http://www.phnompenhpost.com/index.php/2012082758300/National-news/villagers-allege-dredging-caused-landslide.html

Hey, waiter!

While tourism numbers in Cambodia are growing rapidly, visitors might increasingly have a hard time finding a restaurant to their liking since the country is experiencing a shortage of qualified personnel, especially waiters and chefs, accordingly to the Cambodia Restaurant Association. “The tourism industry needs at ...

Wealthy Splurge on 'Lucky' License Plates, Phone Numbers

Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...

Prasac borrows $1.5m from German company

Assets of Cambodian Microfinance Institution Prasac reached US$210 million with the combination of newly borrowed $15 million from Germany’s Deg-Deutsche Investitions Und Entwicklungsellschaft Mbh (DEG), officials said during the signing ceremony. The seven-year agreement at an annual interest rate of 5.5 per cent would help Prasac ...

http://www.phnompenhpost.com/index.php/2012083058374/Business/prasac-borrows-15m-from-german-company.html

Bourse May Have 7 Trading Sessions Daily

Officials at the Cambodian Securities Exchange (CSX) may increase the number of daily stock trading sessions from two to seven, giving traders more flexibility to buy and sell, an official at the bourse said yesterday. Currently, trading on the CSX occurs in just two sessions, starting ...

New Mekong Port to Ease Overloaded Phnom Penh Terminal

With cargo traffic at the Phnom Penh Autonomus Port growing rapidly, a nearly completed container terminal just south of the city on the Mekon River should help ease the congestion. The 30-hectare port, in Kandal province’s Kein Svay district, was completed late last month, though cranes ...

Eviction fears grow at lake

Villagers living in raised houses on the capital’s Boeung Tumpun lake fear their eviction is on the horizon as sand pumping increases at the site, they said yesterday. In recent months, heavy machinery has been at work at the Boeung Tumpun site. Sand pumping has ...

http://www.phnompenhpost.com/index.php/2012091758736/National-news/eviction-fears-grow-at-lake.html

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