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Stock Trading to Start Next Month With Water Authority IPO

The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...

PM Hun Sen ushers in new dam

Prime Minister Hun Sen on Saturday inaugurated the third in a string of six Chinese-funded hydropower dam projects, offering lavish praise for the superpower as he officially opened the $47 million Kirirom 3 dam in Koh Kong. “I am really pleased for the new ...

http://www.phnompenhpost.com/2013022561590/National/pm-hun-sen-ushers-in-new-dam.html

Asia Rice- Thai Exporters Seek Vietnamese, Cambodian Rice To Meet Deals

Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...

Sides dig in over minimum wage

Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ...

http://www.phnompenhpost.com/2013031161866/National/sides-dig-in-over-minimum-wage.html

Rice trade zone to be set up in East

The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries. Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo ...

http://www.bangkokpost.com/news/local/342199/rice-trade-zone-to-be-set-up-in-east

Mobile Bonuses Axed After Firm Complaint

Minister of Posts and Telecommunications So Khun said Wednesday that the government’s decision last week to order all mobile phone firms to stop offering generous top-up bonuses came after one of the market’s competitors complained to the ministry. Ian Watson, CEO of Mobitel, denied complaining ...

http://www.cambodiadaily.com/business/mobile-bonuses-axed-after-firm-complaint-21436/

Cambodia Listed as a Top Retirement Destination

Cambodia has for the first time made it onto the Global Retirement Index, a yearly list of the world’s top retirement locations. The list, compiled annually for the past 30 years by International Living Magazine, compares countries throughout the world across a range of categories including ...

Simon Henderson
http://www.cambodiadaily.com/news/cambodia-listed-as-a-top-retirement-destination-50319/

‘Big Man rule’ taken to task by UN envoy

UN special rapporteur on freedom of peaceful assembly Maina Kiai, who visited Cambodia two weeks ago, has called on the Kingdom to embrace regular changes in leadership and to take lessons from Africa’s strongman-riddled history, in a column published in Kenya’s Daily Union newspaper on ...

Stuart White
http://www.phnompenhpost.com/national/%E2%80%98big-man-rule%E2%80%99-taken-task-un-envoy

Chinese firm takes over bus service, no bid needed

The Chinese-owned Global (Cambodia) Trade Development company takes over today as Phnom Penh’s new municipal bus operator, although City Hall said Tuesday that the company did not have to go through a bidding process to get the contract. The creation of a permanent public bus system ...

Simon Henderson and Sek Odom
http://www.cambodiadaily.com/news/chinese-firm-takes-over-bus-service-no-bid-needed-53513/

New report sees strong tourism growth

CBRE Cambodia’s latest MarketView report sees strong growth in Cambodia’s international tourism sector, with particularly strong in international arrivals resulting in growth in hotel occupancy rates and durations of stay. According to the May report, international arrivals in 2013 increased 17.5 per cent, to a total ...

Post Staff
http://www.phnompenhpost.com/real-estate/new-report-sees-strong-tourism-growth

Asean declaration allows Cambodia to flout human rights, warn campaigners

Human rights groups in Cambodia fear a new south-east Asian declaration of human rights could conversely offer the government in Phnom Penh a figleaf to clamp down on dissent. Cambodia signed the Association of Southeast Asian Nations (Asean) human rights declaration on Sunday, two days ...

http://www.guardian.co.uk/global-development/2012/nov/23/asean-declaration-cambodia-flout-human-rights

Condolences for King Sihanouk Arrive From Home and Abroad

Local and foreign dignitaries offered their condolences to the royal family on news of the death in Beijing yesterday of King Father Norodom Sihanouk, who led his country out of colonial rule in the 1950s and went on to play a leading role in the country’s ...

http://www.cambodiadaily.com/sihanouk/condolences-for-king-sihanouk-arrive-from-home-and-abroad-3930/

To court students, vocational programs get a makeover

One slickly produced television ad tells students “to join the community of minds that craves to learn,” as three teenagers assemble an electrical circuit board. “Better Skills! Better income!” a group of students shout in unison, fists raised. ...

James Reddick
http://www.khmertimeskh.com/news/16768/to-court-students--vocational-programs-get-a-makeover/

Poor ‘lack voice’ amid urban growth

Phnom Penh’s lack of a clear master plan for development has hurt its communities and allowed private developers to collude with authorities to push out poorer residents, speakers at a land rights conference said yesterday.  ...

Phak Seangly and Igor Kossov
http://www.phnompenhpost.com/national/poor-lack-voice-amid-urban-growth

Clash at fishing crackdown begets visit by brass

Interior Minister Sar Kheng and Agriculture Minister Veng Sakhun travelled by helicopter to Pursat province yesterday morning, two days after a clash between authorities and community members that saw 30 fishermen arrested. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/clash-fishing-crackdown-begets-visit-brass

Ministry to investigate Prey Lang land grabs

The Prey Lang Community Network in Preah Vihear province has asked the government to investigate the building of homes in a protected area by a group of families claiming they were granted a social land concession.​ ...

Pech Sotheary
http://www.khmertimeskh.com/91828/

Calls flow for dam to be canned

Ahead of a national consultation meeting about Laos’s Don Sahong hydropower dam later this week, communities that will be affected by the project have made their opinion clear: suspend the dam. ...

Phak Seangly and Laignee Barron
http://phnompenhpost.com/national/calls-flow-dam-be-canned

Concerns over Koh Rong Samloem petrol station

Community representatives and civil society groups have hit out at plans for a petrol station on Preah Sihanouk province’s Koh Rong Samloem, expressing concern at the environmental impact the project will have on the tourist hotspot. ...

Voun Dara
https://www.phnompenhpost.com/national/concerns-over-koh-rong-samloem-petrol-station

Bunong group attends French court hearing over land dispute

Nine representatives of the Bunong indigenous communities in Mondulkiri province who claimed to have fallen victim to a development project by French firm Socfin-KCD appeared for questioning at the Tribunal of Nanterre in France on Tuesday. ...

Long Kimmarita
https://www.phnompenhpost.com/national/bunong-group-attends-french-court-hearing-over-land-dispute

Sea festival nets $15M for Kampot economy

This year’s Sea Festival, held for the first time in Kampot last weekend, attracted over 300,000 visitors and generated more than $15 million in revenue for the local community, tourism minister Thong Khon said yesterday. ...

Sor Chandara
http://www.phnompenhpost.com/business/sea-festival-nets-15m-kampot-economy

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