Kok An case back in court
Heng Chheang, former deputy general director of the Anco Brothers Company, was brought by prison security guards yesterday for questioning to the Phnom Penh Municipal Court over fresh allegations of defamation and fraud filed by Senator Kok An last year, officials said. “Although I have already ...
Homing in on the IPO price
From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public OfferIng (IPO) price while tradIng volumes stayed withIn the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...
http://www.etmcambodia.com/search.php?s=The+Week+at+the+CSX&submit=Search
Controversial figure in land dispute arrested
Touch Seouly, the head of an NGO involved in a years-long land dispute that has sparked violent and sometimes fatal clashes across several provinces in the south, was arrested on Friday after villagers in Kampot province lodged a new round of complaints with authorities. Kampot provincial ...
Drought hampers rice cultivation in Cambodia
Cambodia has cultivated 1.93 million hectares of land, only 82 percent of its 2.36 million hectare target, due to a delay in monsoon rains which hampered rice sowing in the country, according to a media release from the Ministry of Agriculture on Sunday. The report said ...
Vietnamese fishermen snared in local waters
Provincial authorities arrested eight Vietnamese fishermen who illegally crossed into un-demarcated Cambodian waters in Kampot province on Tuesday. The two boats were intercepted by river police in the early morning while they were trawling, Touch Poleak, deputy director of the water border protection department, said. Sar ...
Rights Workers in Court Over Intimidation
The Ratanakkiri Provincial Court has summoned for questioning two human rights workers who have lodged court complaints against local officials for disrupting their land-rights workshop in July. Pen Bonnar, provincial coordinator for Adhoc, and Chhim Savuth, a project coordinator for the Cambodian Center for Human Rights (CCHR), filed ...
Destroyed houses spark debate in Kampot
A company owned by a board member of the Cambodian Chamber of Commerce has been accused of illegally destroying more than 80 houses in Kampot province’s Chhouk district, a claim vigorously denied by the firm and local authorities. Chan Pheng, a villager from Chi Bak village ...
Riviera project to begin in 2013
Canadia’s Bank’s futuristic $100 million Riviera project on Koh Pich Island will begin construction early in 2013, according to a company spokesman. Riviera project manager Chen Hok said that two 28-storey buildings and three buildings of 38 storeys will be built in early 2013, while they ...
http://www.phnompenhpost.com/index.php/Real-Estate/riviera-project-to-begin-in-2013.html
Fish prices soar in Stung Treng
Prices for the highly-prized fish known as pa sa-see (Mekongina erythrospila) have more than doubled to $50 a kilogram, sources said. ...
Dozens sentenced in forest-clearing ring
Phnom Penh Municipal Court yesterday sentenced 28 people – including several government officials – to between two and five years in jail on charges of clearing state-protected flooded mangrove forest in Kampong Thom province in July of 2012. Presiding Judge Keo Mony said that Cheath Sivutha, ...
http://www.phnompenhpost.com/2013011860868/National/dozens-sentenced-in-forest-clearing-ring.html
Longan farmers in Pailin plan factory
A co-operative of longan farmers in Pailin plans to build a processing factory to increase export capacity as output and demand rise. Meas Loeurn, the co-operative’s leader, told the Post on Wednesday rising demand from China was prompting growing numbers of farmers to cultivate the fruit. “During ...
http://www.phnompenhpost.com/2013020861252/Business/longan-farmers-in-pailin-plan-factory.html
Ethnic villagers fight lake fill-in
One hundred and thirteen Jarai families from Ratanakkiri’s Bakeo district are sending a letter of protest to the provincial fishery administration today, after a Vietnamese rubber company started filling in a lake that they had promised last month to preserve for villagers. Rochom Ven, chief of ...
http://www.phnompenhpost.com/2013030561737/National/ethnic-villagers-fight-lake-fill-in.html
Sihanoukville port construction in final phase
The government will spend a total of $85 million, funded by a Japanese government loan, for the third and final phase of the expansion of Sihanoukville Autonomous Port, which will more than double the port’s import-export capacity by 2012, Prime Minister Hun Sen said yesterday. “It ...
Revenue Growth in Advertising Sector Slows
Revenue growth in the advertising sector increased just 4 percent to $24.1 million during the first quarter of the year compared to the same period in 2011, as mobile phone operators struggling to make a profit in an oversaturated market were forced to cut their ...
Men charged in bulldozing protected forest
The Phnom Penh Municipal Court yesterday charged two government officials and four farmers from Kampong Thom province’s Stoung district with encroachment onto protected land after they allegedly bulldozed a flooded forest that was designated as a protected fish hatchery, police and NGO officials said. ...
Chinese firm plans investment in Cambodia
PHNOM PENH — China’s Hainan Ruijin investment Holding Group planned to invest in rice plantation, cow farm and tourism development in Cambodia, the group’s chairman Pan Xiaoping said Wednesday. Pan said during a meeting with Heng Samrin, president of Cambodia’s National Assembly that his company decided to establish an overseas branch office in Cambodia to focus on the threeprojects. Pan did not say when the projects will be started. Heng Samrin pledged full support for those projects, which he said will be good to boost thedevelopment of Cambodia’s economy. “Foreign investment is a key factor to accelerate economic development in Cambodia,” he said. ...
http://www.chinadaily.com.cn/business/2012-08/08/content_15652416.htm
Senator Kok An's Case Back in
The Appeal Court yesterday began hearing now-incarcerated former Anco Brothers deputy general director Heng Chheang’s appeal against Senator Kok An’s requested Phnom Penh Municipal Court injunction over his property. Chheang, and his wife, Tep Kolap, former Phnom Penh international University director, were convicted and sentenced to ...
Increase in tourists equals more operators
The number of tour operators registered with Ministry of Tourism increased by more than 10 per cent in the first half of this year compared to last year due to an upswing in the number of tourists visiting the Kingdom, insiders say. Figures from the tourism ministry showed ...
Strikes lead to cut in orders
Global brands Levi’s and Gap had slashed their orders from the Tai Yang and Camwell garment factories by 20 per cent, the factories’ boss said yesterday, amid the longest strike in the industry’s recent history. Tai Yang Enterprises manager Wu Minghuor said his company had shuttered ...
Indonesia Bonding With Cambodia in Trade
Indonesia was Involved In advanced talks In Cambodia durIng the late 1980s. Known as the Jakarta Informal MeetIng, Indonesia was tryIng to help put an end to Vietnam’s Invasion of Cambodia, In what some observers called the Third IndochIna War (1978-91). Despite these close ties, ...
http://www.thejakartaglobe.com/business/indonesia-bonding-with-cambodia-in-trade/540441