Follow-up IPOs still on track
Sihanoukville Autonomous Port, one of two state-owned companies slated to list on the Cambodia Securities Exchange this year, yesterday called the price decline in the country’s first publicly traded company worrisome. The eight-day slide in price that neared Phnom Penh Water Supply Authority’s initial public offering ...
http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html
Victor in Illinois is first Cambodian-American woman elected to US public office
When Khemarey Khoeun is sworn in as a park district commissioner in Skokie, Illinois, on May 16, she’ll be making history as the first Cambodian-American woman elected to public office at any level of government in the United States. ...
Ten Soksreinith
http://www.voacambodia.com/a/victor-illinois-first-cambodian-american-woman-elected-united-states/3845887.html
Future bourse potential touted
The lacklustre performance of Cambodia’s stock exchange, which has attracted only four companies since it launched in 2011 and whose stocks see days without a single trade, is expected to turn a corner soon, capital markets experts said during a panel discussion yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/future-bourse-potential-touted
Peacekeeper killed in Central African Republic
Cambodians at home and abroad yesterday mourned the passing of peacekeeper Im Sam, who was shot to death during a guerrilla ambush in Central African Republic. He was the Kingdom’s first peacekeeper to ever be killed in combat, officials said. ...
Chhay Channyda and Erin Handley
http://www.phnompenhpost.com/national/peacekeeper-killed-central-african-republic
Few takers for emergency rice loans
With the Kingdom’s main rice harvesting season wrapping up, just a fraction of a government emergency loan package that aimed at giving millers the liquidity they needed to purchase rice paddy duringthe harvest cycle has been disbursed, leaving the government and private sector divided on ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/few-takers-emergency-rice-loans
‘Reuse-ful’ ways to solve Cambodia’s waste problem
In 2018, Khmer Times reported a 10 percent increase per year in waste generated by the Kingdom. In 2019, Phnom Penh alone generated up to 3,000 tonnes of waste daily – with Cambodia as a whole producing over 10,000 tonnes – the equivalent to 3.6 million ...
Tom Starkey
https://www.khmertimeskh.com/50739896/reuse-ful-ways-to-solve-cambodias-waste-problem/
Trimmer 2021 budget: Government plans 50 percent drop in spending
Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration. ...
Ben Sokhean
https://www.khmertimeskh.com/50734167/trimmer-2021-budget-government-plans-50-percent-drop-in-spending/
Landmines cleared in Banteay Srei
Cambodian Mine Action and Victim Assistance Authority (CMAA) Secretary-General Prum Sopheak Mongkol said yesterday landmines have been cleared in a 687,706 square metre area where the dangerous legacy of the civil war lingered and is now finally free years after peace was achieved in late ...
Sar Socheath
https://www.khmertimeskh.com/50783850/landmines-cleared-in-banteay-srei/
In Cambodia, a sweeping new environment code languishes in legal limbo
In Cambodia, the Mekong River winds past Southeast Asia’s largest remaining lowland evergreen forest before filling up Tonle Sap, the region’s largest freshwater lake. The river, lined with valuable sand, is home to an abundance of endangered species like the Mekong giant catfish and giant ...
Andrew Nachemson
https://news.mongabay.com/2020/08/in-cambodia-a-sweeping-new-environment-code-languishes-in-legal-limbo/
Factory workers seek help as ministry says owner did not file notice
While hundreds of workers from the shuttered Violet Apparel factory submitted a petition to the European Union’s Delegation to Cambodia seeking help securing unpaid benefits, a ministry official has said that the factory’s owner has not filed the necessary paperwork exempting him from paying workers. ...
Khy Sovuthy
https://cambojanews.com/factory-workers-seek-help-as-ministry-says-owner-did-not-file-notice/
Court to rule on sanctuary landgrab cases
The Preah Vihear Provincial Court has set tentative dates in December this year to announce the verdicts for three separate wildlife sanctuary land grab cases, which happened last year. Provincial court spokeswoman Chum Kaniya said on December 10 that the court’s investigating judge had heard ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/court-rule-sanctuary-landgrab-cases
Kampot to issue park land titles
The Kampot provincial authorities will grant land titles for 2,500 plots covering 6,649ha in Preah Monivong Bokor National Park to local residents who applied for official occupation and usage permits, according to the provincial Department of Environment director Suy Thea. ...
Nov Sivutha
https://www.phnompenhpost.com/national/kampot-issue-park-land-titles
An outlook into 2021 economy
Cambodia’s economy will contract two per cent in 2020 before swiftly recovering to four per cent growth this year, the World Bank projects, citing effective government measures that respond to the specific needs of the most affected sectors – including tourism, garments and textiles, and ...
May Kunmakara
https://www.phnompenhpost.com/business/outlook-2021-economy
PM: Nov 28 event concluded
Prime Minister Hun Sen officially declared that the “November 28 community incident” – a reference to the first confirmed case of Covid-19 local transmission – was now over as the situation had been brought under control. Hun Sen made the announcement as he addressed the ...
Mom Kunthear
https://www.phnompenhpost.com/national/pm-nov-28-event-concluded
Free trade deals yet to come to fruition
The negotiations on the Kingdom’s proposed free trade deal with South Korea are progressing slowly despite the fact all parties aimed to come up with finalised drafts by the end of 2020. However, the China-Cambodia Free Trade Agreement CC-FTA) ratification is to be announced early ...
Sok Chan
https://www.khmertimeskh.com/50802798/free-trade-deals-yet-to-come-to-fruition/
Amru celebrates 10th anniversary
Over the last decade since the government established a rice promotion policy in 2010, locally-owned rice miller and exporter Amru Rice (Cambodia) Co Ltd has become one of the game changers in driving milled-rice exports and transforming the Kingdom into a key rice exporter in ...
May Kunmakara
https://www.phnompenhpost.com/business/amru-celebrates-10th-anniversary
Water levels in Mekong hit worrisome new lows
The Mekong River Commission (MRC) has expressed concern that water levels in the river have dropped significantly, changing the colour of the water in some areas, and warned that this situation could impact agricultural production and wildlife migration in Cambodia and the other countries in ...
Lay Samean
https://www.phnompenhpost.com/national/water-levels-mekong-hit-worrisome-new-lows
PM orders Justice Minister to prosecute quarantine violators
Prime Minister Hun Sen today ordered Justice Minister Koeut Rith to push for the enforcement of law on measure to combat COVID-19 and work with the court officials to establish a court to put quarantine violators on trial, as the Kingdom is facing an alarming ...
Khmer Times Staff
https://www.khmertimeskh.com/50836799/pm-orders-justice-minister-to-prosecutor-quarantine-violators/
WorldBridge’s SME cluster zone delayed
Construction of WorldBridge Industrial Developments Co Ltd’s $30 million WorldBridge i4.0 SME Cluster zone will be delayed by one or two months due to the recent lockdown in Phnom Penh and Kandal province’s Takmao town, chairman Sear Rithy told The Post. ...
Thou Vireak
https://www.phnompenhpost.com/business/worldbridges-sme-cluster-zone-delayed
Six months required for Covid survivors who want to get vaccinated
People who have recovered from Covid-19 do not need to get vaccinated against the disease because they have already developed antibodies to SARS-CoV-2, but they can get the jab six month after recovery if they desire, according to Ministry of Health spokeswoman Or Vandine. ...
Mom Kunthear
https://www.phnompenhpost.com/national/six-months-required-covid-survivors-who-want-get-vaccinated