Tong Yang to Underwrite Bonna Realty IPO
More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...
Phnom Penh Autonomous Port pushes for IPO
Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...
Shots fired at me, says Tep Kolap
In a bizarre series of events, only days after being vindicated by the Supreme Court, Phnom Penh International University rector Tep Kolap claimed to have been chased across Phnom Penh yesterday evening by men who shot at her car as she sought refuge in Prime ...
Cambodia Misses Deadline to Submit UN Human Rights Report
Cambodia failed Monday to make its deadline to submit a key human rights report—known as the universal period review (UPR)—to the U.N., said Mak Sambath, deputy chairman of the government’s Human Rights Committee. Having missed the submission deadline, the government is now hoping to get its ...
Kuch Naren and Dene-Hern Chen
http://www.cambodiadaily.com/news/cambodia-misses-deadline-to-submit-un-human-rights-report-46138/
Temple may be heritage site
Sambor Prei Kuk, the seventh-century temple of the pre-Angkorian Chenla Kingdom built by Isanavarman I, is to be submitted for consideration as a World Heritage Site to UNESCO. The announcement came yesterday at a seminar on research and conservation on the temple complex, the most important ...
Chhay Channyda
http://www.phnompenhpost.com/national/temple-may-be-heritage-site
Yingluck adds fuel to gas talks
Deputy Prime Minister and head of the Cambodian National Petroleum Association Sok An has called for the resumption of talks with Thailand over the disputed overlapping claims area in the Gulf of Thailand, believed to be rich in oil and natural-gas reserves. The oil industry had ...
Benefits from ‘black gold’- Revenue from Cambodian oil fields could provide a big boost to development, if it’s done right
If Cambodia’s oil and gas sector is well managed, and transparent, it could provide the country a golden opportunity for investment, development and poverty reduction, said independent economist Chan Sophal, who spoke at a recent gathering looking at the economies of oil-producing countries. Chan Sophal said ...
Alarm over workers to Emirates
Cambodian labourers may soon be recruited to construction sites in the United Arab Emirates, where conditions are described as “tragic” by human rights groups. The Lebanon-based company that would hire the workers under the prospective scheme, Agostine & Raphael Group, is run by Middle Eastern tycoon ...
Daniel Pye
http://www.phnompenhpost.com/national/alarm-over-workers-emirates
PM offers opposition ceasefire
Prime Minister Hun Sen yesterday responded to calls from acting opposition leader Kem Sokha for Cambodia’s “political family” to unite for the upcoming Pchum Ben festival, saying he would observe a “ceasefire” amid the escalating war of words between himself and the opposition. Speaking at a ...
May Titthara
http://www.khmertimeskh.com/news/30119/pm-offers-opposition-ceasefire/
Sihanoukville to be the site of first marina
Russian sailor Andrey Mantula plans to build what he is calling Cambodia’s first marina off the beaches of Preah Sihanouk province. Mantula, who has lived in Cambodia for one year, is heading up the project. He expects construction to start on October 1 of this year. ...
Plans set for Silk Research Centre at RUPP
Cambodian silk producers will be soon able to get quality silkworms from a breeding centre at the Royal University of Phnom Penh (RUPP), thanks to a specialised team that is seeking to increase professionalism in the Kingdom’s silk industry. ...
Hor Kimsay
https://www.phnompenhpost.com/business/plans-set-silk-research-centre-rupp
Three more populations of Indochinese hog deer found in Cambodia
Fauna and Flora International says its has found three previously unknown populations of the endangered Indochinese hog deer in Cambodia. “This is a remarkable discovery given not only the species’ vulnerability to hunting, but also because all of the sites were outside the existing protected area ...
Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YzRmOWQ0M2JiNzU
Ministry, ACU continue campaign for clean high school exam
The Education Ministry’s crusade to clean up the national high school exam continued Wednesday, with the Anti-Corruption Unit (ACU) releasing a statement inviting concerned parties to monitor exams in August and warning that cheats would be failed and effectively banned from sitting again for two ...
Kuch Naren and Matt Blomberg
http://www.cambodiadaily.com/news/ministry-acu-continue-campaign-for-clean-high-school-exam-55667/
Historic US aid project
A new USAID-funded malaria project in Myanmar will draw on prevention, treatment and containment models developed in Cambodia, and underscores the emergence of closer relations between Washington and Naypyitaw, health officials said yesterday. The US$24 million project will expand the effort to contain drug-resistant malaria, which ...
http://www.phnompenhpost.com/index.php/2011120153090/National-news/historic-us-aid-project.html
NSSF membership rises to more than 2 million individuals
The total number of members enrolled in the National Social Security Fund (NSSF) of the Ministry of Labour and Vocational Training (MLVT) has risen to more than two million individuals. ...
Sen David
https://www.khmertimeskh.com/501521102/nssf-membership-rises-to-more-than-2-million-individuals/
Smart axiata funds degrees for students
Ten students will have the opportunity to further their studies for free thanks to Smart Axiata’s SmartEdu Scholarship Program, which not only covers their entire tertiary education tuition, but has also awarded them a monthly stipend amounting to $15,000 for the duration of their degree. ...
Mayuri Mei Lin
http://www.khmertimeskh.com/news/31378/smart-axiata-funds-degrees-for-students/
South coast holds development key
Real estate and hotel developers have identified the southern coast of Cambodia as having tourism potential to encourage more business investment. ...
Chea Vannak
http://www.khmertimeskh.com/news/36111/south-coast-holds-development-key/
Japanese firm plans Cambodian fund for later this year
Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...
Chinese Company Voices Interest in Cambodian Oil
Hong Kong-listed China Oilfield Services Ltd, an offshore services provider for the oil and gas sectors, is looking to start operations in Cambodia, according to an earnings report released by the company last week. “For the overseas market, apart from expanding and strengthening the overseas ...
Report Says Reforms Were Hard to Drill Home at Petrol Authority
The Cambodian National Petroleum Authority restricted vital information and failed to cooperate with consultants working for the Asian Development Bank who were deployed to the authority between 2007 and 2010 as part of a $1 million project to strengthen governance at the body, a new ...