PPAP share offer fully subscribed
Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, successfully raised $5.2 million in an initial public offering that was more than 1.4 times oversubscribed, its underwriter said yesterday.Subscription for 4.1 million shares, a 20 per cent stake, of the port ...
Cam McGrath and Sorn Sarath
http://www.phnompenhpost.com/business/ppap-share-offer-fully-subscribed
Adding wells a shallow plan, research suggests
In its annual report on disaster preparedness, the National Committee for Disaster Management yesterday affirmed that last year’s drought was the worst in 50 years and recommended the construction of new wells to alleviate future dry spells – despite serious risks identified by recent research. ...
Martin de Bourmont and Sen David
http://www.phnompenhpost.com/national/adding-wells-shallow-plan-research-suggests
Sugar protest outside PM’s house broken up
About 100 villagers involved in a long-running land dispute with Koh Kong Sugar Industry Company attempted to march to the home of Prime Minister Hun Sen yesterday, culminating in a physical altercation with authorities.The mostly female group of protesters was stopped at 10:40am by Daun ...
Lay Samean
http://www.phnompenhpost.com/national/sugar-protest-outside-pms-house-broken
Go Digital Asean initiative to empower MSME’s
The ASEAN Coordinating Committee on Micro, Small and Medium Enterprises and the Asia Foundation has formally announced the Go Digital ASEAN initiative. Supported by a $3.3 million grant from Google, the initiative is designed to equip 200,000 people – of which 60 percent will be ...
Sok Chan
https://www.khmertimeskh.com/50737853/go-digital-asean-initiative-to-empower-msmes/
Deadline to vacate Phnom Penh’s largest lake set
Prek Pnov district authorities have notified local fishermen to remove lattices and ponds completely from the Boeung Tamok Lake by the end of this year. The warning comes after years of delays. Prek Pnov district governor Sok Sambath told The Post on November 19 time had ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/deadline-vacate-phnom-penhs-largest-lake-set
Revised trade pact between Japan, Asean
A revised free-trade pact between Japan and the Association of Southeast Asian Nations (Asean) facilitating the cross-border flow of services and investment came into force on Saturday. The deal took effect for Japan and five Asean members – Laos, Myanmar, Singapore, Thailand and Vietnam. The ...
Mark Hughes
https://www.khmertimeskh.com/50751316/revised-trade-pact-between-japan-asean/
Youths seek inclusion in social security fund
The Youth Resource Development Programme (YRDP) and a group of youths have asked the government to include students and monks in the government’s National Social Security Fund (NSSF) so they can receive social protection services for free such as health examinations and treatment. The proposal ...
Long Kimmarita
https://www.phnompenhpost.com/national/youths-seek-inclusion-social-security-fund
BRI brings a profound impact on Cambodia
The Belt and Road Initiative, the most ambitious and expansive infrastructure connectivity and development project ever conceived, was proposed a decade ago. The initiative connects about 150 countries in Asia, Europe, Africa and Latin America through a network of infrastructure investments, trade agreements and cultural ...
Khmer Times Staff
https://www.khmertimeskh.com/501339410/bri-brings-a-profound-impact-on-cambodia/
Mondulkiri solves its biggest land dispute
An outside the court settlement was made in the biggest land dispute in Mondulkiri province had seen since 2019. Bousra commune chief Yeut Savin said yesterday that land disputes involving three companies – Varanasi Economic Land Concession Company, Socfin-KCD Company, Kovipama Company – and indigenous ...
Chhun Sunly
https://www.khmertimeskh.com/501178068/mondulkiri-solves-its-biggest-land-dispute/
US embassy welcomes PM to strengthen bilateral ties
US Ambassador W. Patrick Murphy welcomed Prime Minister Hun Sen to the U.S. Embassy in Phnom Penh in a move that aims to strengthen bilateral relations into 2023. It added that the United States has welcomed Cambodia’s leadership of ASEAN during a year of “global ...
Marissa Carruthers
https://kiripost.com/stories/us-embassy-welcomes-pm-to-strengthen-bilateral-ties
Commercial court one step closer, official says
The Ministry of Justice and the Asian Development Bank (ADB) have advanced discussions to establish a commercial court, a first for the Kingdom. The ADB will provide technical assistance, said a senior ministry official. Ministry secretary of state Chiv Songhak chaired a meeting last week ...
Post Staffs
https://www.phnompenhpost.com/national/commercial-court-one-step-closer-official-says
Ministry, KOICA partner on tech skills
In a bold stride towards boosting the information and communication technology (ICT) skills of the Kingdom’s young population, the Ministry of Labour and Vocational Training and the Korea International Cooperation Agency (KOICA) have put pen to paper on a new agreement. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/ministry-koica-partner-tech-skills
Pesticide poisons scores
After the So Ngoun Company sprayed pesticides in Kampot province approximately 90 villagers have become ill. They are being treated for vomiting, diarrhea, and dizziness after drinking contaminated water, as the pesticide flowed downstream after some rains. The pesticide was sprayed in order to rid ...
http://www.phnompenhpost.com/index.php/2011070750245/National-news/pesticide-poisons-scores.html
Filipino real estate firm targets local expats
Megaworld International a Philippines-based development company is expanding its operations in Cambodia in order to attract more of Cambodia’s growing middle class. They held an exhibition in Phnom Penh to entice locals to invest in the Manila property market. There are approximately 3000 residents in ...
Dragon Capital plans equity fund in Vietnam, region
20 per cent of a planned equity fund by Dragon Capital will be invested in Cambodia and Laos according to Bill Stoops, chief investment officer. The fund is called Dragon Capital Third Wave Fund and is based in Ho Chi Minh City, Vietnam. The fund ...
Threat claim for Shukaku
A villager living at Boeung Kak lake claimed yesterday that staff from Shukaku Inc, owned by ruling party senator Lao Meng Khin, threatened to demolish her home if she rejected an alleged US$80,000 offer to purchase the property Lao Vann, deputy director-general of Shukaku Inc, yesterday ...
Fumes lead to factory fainting
About 60 female workers at a garment factory in Phnom Penh’s Russei Keo district were rushed to a nearby hospital yesterday after fainting from inhaling paint fumes. Tuol Sangke commune police chief said that workers at King First Industrial Co Ltd began vomiting and complaining of ...
Villagers to continue road block
About 700 villagers in Kratie province’s Kampong Damrei commune will continue their protests today to persuade provincial authorities to release one of their representatives, villagers said yesterday. Representative Bun Sithet said the villagers, who are involved in a land dispute with Kasotim company, would protest outside ...
Arrivals at Cambodia’s airports up 20 per cent
Arrivals at Cambodia’s two biggest airports increased by about 20 percent year-on-year in the first quarter of 2012, according to Cambodia Airports. Industry insiders said economic progress in the region coupled with increased flights added to the passenger count at Phnom Penh International Airport and Siem ...