The Week at the CSX - Sept 12-19, 2012
The price of Phnom Penh Water Supply Authority stock over the Sept 12-19 period remained very stable, falling early on from KHR 6,350 (US $1.57) to KHR 6,300 (US $1.56) where it stayed. Trading volumes over the five days varied from around 4200 to 13,600 ...
CSX to increase trade times
THE Cambodia Securities Exchange (CSX), the recently established bourse with a single player, will increase the number of trade executions from twice to six times a day, a move that will take effect on March 11. A CSX officer and the managing director of a securities ...
http://www.phnompenhpost.com/2013022861659/Business/csx-to-increase-trade-times.html
Chevron Not ready to Pump Oil in December 2012
The chevron oil company announced it is not ready to pump offshore oil in Block A in Cambodia. Mr. Steve Glick, Chevron President said: “the company is not ready to pump oil in Block A offshore Cambodia on the set-date of December 2012, complaining that more tasks need to be completed, but expressed ...
UN Confirms Logging in Carbon Trading Zone
The U.N. has said it is concerned about deforestation in Oddar Meanchey province in an area where it has launched a carbon trading scheme and confirmed that it is working with the government in order to “rectify the situation.” In an email on Friday, the ...
Kuch Naren and Abby Seiff, P. 1
Indonesia in Talks With Cambodia Over Rice Export Deal
An Indonesian trade delegation is scheduled to visit Cambodia this month to finalize a trade deal that could see up to 100,000 tons of rice exported to Indonesia each year, Thon Virak, director general of state-owned rice exporter Green Trade Co., said on Friday. “Indonesia wants ...
IMF Says Cambodia’s Economic ‘Takeoff’ Not Yet Sustainable
Government action will be needed to ensure that nearly two decades of impressive economic growth continues in Cambodia, the International Monetary Fund (IMF) said in a report published Wednesday. In its 2013 World Economic Outlook, the IMF put Cambodia’s gross domestic product (GDP) growth for 2012 ...
http://www.cambodiadaily.com/business/imf-says-cambodias-economic-takeoff-not-yet-sustainable-18880/
Japanese Funder Blames City Hall
Japan’s aid arm, the Japanese International Cooperation Agency (JICA), which is funding a drainage project along Phnom Penh’s Street 63, said yesterday that while it was true sections of the busy road remained in a deplorable condition, responsibility lay with City Hall. “This is [a] ...
http://www.cambodiadaily.com/news/japanese-funder-blames-streets-ruin-on-city-hall-29321/
Seven Feared Trapped in Gold Mine Collapse
A gold mine shaft has collapsed in Preah Vihear province, trapping at least seven miners, officials said Monday. The collapse took place in a shaft that is typically mined by up to 60 people at a time, he [Rovieng Police Chief Sin Thorn]. Sin Thorn said ...
http://www.voacambodia.com/content/seven-feared-trapped-in-gold-mine-collapse/1664837.html
Villagers claim CPP arm-twisting
About 40 families of ex-Khmer Rouge and government soldiers in Pursat province’s Veal Veng district complained to rights group Adhoc yesterday, accusing officials of forcing them to thumbprint a contract saying they would vote CPP so the party could resolve an ongoing land dispute, an ...
http://www.phnompenhpost.com/national/villagers-claim-cpp-arm-twisting
Villagers protest hike in electricity expense
More than 60 villagers from Kampong Cham province’s Stung Trang district staged a protest on Monday at Arak Tnort commune hall, demanding answers for a massive price hike that has accompanied the installation of electricity meters ahead of a planned switchover to state-provided power. Private company ...
http://www.phnompenhpost.com/national/villagers-protest-hike-electricity-expense
Cambodian King urges opposition protestors, police to end violence
Cambodian King Norodom Sihamoni on Monday called on opposition protesters and police to stop using violence against each other after a clash on Sunday night left one protester dead and several others injured. “I would like to beg all compatriots who are the protesters and the ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-09/16/c_132725471.htm
Park's own Cleveland clinic
As two volunteers guided a man unsteady on his feet into a medical tent on the second day of a three-day pro-opposition demonstration at Freedom Park yesterday, Chan Bun Han instructed another to get the patient a bottle of water after they laid him on ...
Sean Teehan, P.6
http://www.phnompenhpost.com
Opposition preps plans for demos
The Cambodia National Rescue Party is not done marching. Speaking at party headquarters yesterday afternoon, CNRP leaders said they plan to establish “democracy squares” in provincial towns and cities to regain momentum lost following last week’s deadly attack on striking workers and the violent destruction of ...
Daniel Pye and Meas Sokchea
http://www.phnompenhpost.com/national/opposition-preps-plans-demos
ILO-BFC unveils worker mobile phone call-in project report
The International Labour Organisation’s Better Factories Cambodia program (BFC) releases the first report from its mobile phone call-in project aimed at educating garment and footwear workers. The mobile phone project entitled Kamako Chhnoeum (‘Outstanding Worker’ in Khmer) received 3,245 valid phone calls in its first two ...
Fibre2Fashion News Staff
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=154799
Cambodia-made car causes shocks to Vietnam’s auto industry
Heng, a Cambodian development company, has made a big surprise when introducing its self-modified electric car. The car, named Angkor EV 2014, is created by a local designer, manufactured by Heng Company which has set up a $20 million factory in Kandal province. The car, operated by ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/96716/cambodia-made-car-causes-shocks-to-vietnam-s-auto-industry.html
Questions raised over land sale at lakeside
Developer Shukaku has sold off close to 1.3 hectares of land at the capital’s controversial Boeung Kak lake site to a Singapore-listed HLH Group company, according to a statement from HLH. HLH subsidiary D’Lotus Development purchased the land at Boeung Kak in Daun Penh district for ...
Chan Muyhong
http://www.phnompenhpost.com/business/questions-raised-over-land-sale-lakeside
Villagers in land dispute with Phanimex petition authorities
Four hundred Kandal villagers locked in a land dispute in Ponhea Leu district with development company Phanimex submitted a petition Wednesday to district authorities and rights group Adhoc calling for a solution. The petition came a day after villagers blocked National Road 5 for more than ...
Ben Sokhean
http://www.cambodiadaily.com/news/villagers-in-land-dispute-with-phanimex-petition-authorities-57882/
De Castle Royal partners with The Place for first-class gym workout
The management of the 32-storey De Castle Royal condominium project in BKK1 has announced that the The Place, widely regarded as Phnom Penh’s only independent five-star gym, will manage the development’s fitness centre. This means the air-conditioned De Castle Royal gym will be fully fitted out ...
Post Staff
http://www.phnompenhpost.com/real-estate/de-castle-royal-partners-place-first-class-gym-workout
Australia defends sending refugees to Cambodia
Australia’s Immigration Minister Scott Morrison has defended the government’s plan to transfer refugees to Cambodia, saying the programme would start small but be a long-term arrangement. Under Canberra’s hardline immigration policy, asylum-seekers who arrive on boats are denied resettlement in Australia and sent to Papua New ...
RTÉ News Staff
http://www.rte.ie/news/2014/0927/648375-australia-cambodia/
MRC forum tackles hydropower dam proposed by Laos
The Mekong River Commission, member countries and relevant partners yesterday discussed procedures for a technical review of Laos’ planned Luang Prabang hydropower project. About 200 people comprising representatives of member countries Cambodia, Thailand, Laos and Vietnam, civil society, academics, private sector and development partners were ...
Pech Sotheary
https://www.khmertimeskh.com/50657645/mrc-forum-tackles-hydropower-dam-proposed-by-laos/