Beeline books $500m charge after overestimating market
VimpelCom, the Netherlands-based parent company of Cambodian mobile operator Beeline, booked an impairment charge of US$527 million on its operations in Cambodia and Vietnam, according to a 2011 company report. The impairment, or revaluation of VimpelCom’s assets in the two Southeast Asian countries, highlighted the company’s ...
Hu gone with Boeung Kak petition hopes
Hu Jintao had already left the day before, but five Boeung Kak villagers were undeterred yesterday as they attempted to leave a petition for China’s president, only to be turned back by police. The quintet, whose petition requests that Hu intervene in their land dispute with ...
Hun Sen: New government in September
After winning what is said to be a landslide victory in Sunday’s polls, caretaker Prime Minister Hun Sen announced on Thursday that new members to the National Assembly would be confirmed, and a new government created by the third week of September. However, a leader ...
Ben Sokhean
https://www.phnompenhpost.com/national/hun-sen-new-government-september
EU officials: Ending EBA an 18-month procedure
EU officials have confirmed that it will take a total of 18 months to complete the procedure if Cambodia’s preferential Everything But Arms (EBA) trade agreement is to be withdrawn. According to EU Agriculture and Rural Development spokesman Daniel Rosario, the formal process has not ...
Niem Chheng
https://www.phnompenhpost.com/national/eu-officials-ending-eba-18-month-procedure
Thousands attend CNRP-organised pro-democracy vigil in South Korea
Thousands of supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) on Saturday gathered in the South Korean city of Gwangju to hold a candlelight demonstration calling for the “liberation” of democracy in Cambodia. Yim Sinorn, a CNRP member in South Korea, said on ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/thousands-attend-cnrp-organised-pro-democracy-vigil-south-korea
Golden Hanuman military exercises to be held on May 3-8
More than a month since completing the Golden Dragon joint military exercises with China, some 2,000 members of the Royal Cambodian Armed Forces (RCAF) are set to launch their own drills at a Kampot army training school. Next month’s exercises, using live ammunition, will take ...
Ry Sochan
https://www.phnompenhpost.com/national/golden-hanuman-military-exercises-be-held-may-3-8
NSSF pays more than $3 million to new mothers
More than 30,000 female workers delivered babies during the first five months of this year, an increase of more than 8,000 workers from the same period last year. A National Social Security Fund report issued on Friday said that from January to May, the government ...
Mom Kunthear
https://www.khmertimeskh.com/50610045/nssf-pays-more-than-3-million-to-new-mothers-2/
Kratie authorities crack down on illegal mining
Specialists from the Kratie provincial Department of Mines and Energy cracked down on an illegal mining site in O’Tron area, Sambor district again last week. The operation was carried out after a complaint from Chinese company Hing Yuan Hanng Yeak Co Ltd. Local authorities said ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kratie-authorities-crack-down-illegal-mining
Missing land activist found
A land activist involved in a dispute who disappeared in January reunited with his wife in Phnom Penh on Friday. Sum Meun disappeared in Oddar Meanchey province on January 20, with Human Rights Watch (HRW) calling on the government to reveal his whereabouts, while a ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/missing-land-activist-found
Draft budget due in parliament
The Council of Ministers on Friday approved its national budget draft of about $6.7 billion for 2019, an increase of 11.4 percent over 2018, and NGOs now want to review it before it is sent to the National Assembly for ratification. According to the draft, ...
Khuon Narim
https://www.khmertimeskh.com/50544913/draft-budget-due-in-parliament/
South Korea seeking to invest in six sectors
A group of South Korean delegates on Monday announced that it was seeking to invest in six priority areas in the Kingdom, a move aimed at boosting trade between the two countries. The plans were discussed during a meeting between the Council of Development of Cambodia ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50617654/south-korea-seeking-to-invest-in-six-sectors/
Vendors call for better treatment
About 150 street vendors gathered in Phnom Penh yesterday to mark International Street Vendors Day and called on the authorities to treat them better. ...
Mom Kunthear
https://www.khmertimeskh.com/50660992/vendors-call-for-better-treatment/
Ford targets the Kingdom’s lucrative emerging economy
Ford expects sales of its passenger vehicles in Cambodia to surge 30 per cent this year on rising purchasing power and strong brand appeal, a company representative said yesterday. Speaking at a luncheon organised by the Amcham Cambodia, Loflin said the US carmaker sees the ...
Cam McGrath
http://www.phnompenhpost.com/business/ford-targets-kingdoms-lucrative-emerging-economy
Top cop to officers: ‘behave’
Cambodian police officers need to step up their game, the Kingdom’s top cop told his department hierarchy this week.Speaking at a ceremony to promote two senior officers on Monday, National Police chief Neth Savoeun said staff who want to be promoted or rewarded needed to ...
Taing Vida
http://www.phnompenhpost.com/national/top-cop-officers-behave
Cambodia to expand ultra-broadband network
An agreement signed between Alcatel-Lucent and Cambodia’s Chuan Wei Ltd. is expected to pave the way for expanding mobile ultra-broadband connectivity across the country. According to data from Alcatel-Lucent, approximately one-third of Cambodians are connected to the Internet, with the majority accessing data on their ...
Enterprise INNOVATION News Staff
http://enterpriseinnovation.net/article/cambodia-expand-ultra-broadband-network-1345890702
Cambodia to expand ultra-broadband network
An agreement signed between Alcatel-Lucent and Cambodia’s Chuan Wei Ltd. is expected to pave the way for expanding mobile ultra-broadband connectivity across the country. According to data from Alcatel-Lucent, approximately one-third of Cambodians are connected to the Internet, with the majority accessing data on their ...
Enterprise INNOVATION News Staff
http://enterpriseinnovation.net/article/cambodia-expand-ultra-broadband-network-1345890702
More Cambodians traveling abroad as tourists
The number of Cambodians traveling overseas as tourists increased to nearly 700,000 in the first half of the year, up 26 percent compared to the same period last year, according to the Ministry of Tourism. Experts in the industry welcomed this trend and pointed out ...
Chea Vannak
http://www.khmertimeskh.com/news/28454/more-cambodians-traveling-abroad-as-tourists/
Cambodian parties to monitor voter registration project
Cambodia’s political parties say they are preparing to monitor a voter registration pilot project which will be held in November ahead of future local and national polls. Cambodia’s last election in 2013 was marred by disputes over the results. The opposition alleged widespread voter fraud, ...
Neou Vannarin
http://www.voanews.com/content/cambodia-election-voter-registration-pilot-project/2954222.html
Thieves rob Takeo voter registration location
Police in Takeo province’s Prey Kabbas district are investigating the theft of equipment from a Prey Lvea commune voter registration office on Thursday. National Election Committee voter registration department head Top Rithy said the thief or thieves broke the building’s lock and swiped all but the ...
Bun Sengkong
http://www.phnompenhpost.com/national/thieves-rob-takeo-voter-registration-location
Minebea opens third plant
Minebea, the largest Japanese company in Cambodia, officially opened a third manufacturing plant in the Phnom Penh Special Economic Zone yesterday to coincide with the fifth anniversary of its presence in the country. Yoshihisa Kainuma, president and CEO of Mineba (Cambodia), told reporters at the ...
Sok Chan
http://www.khmertimeskh.com/news/32942/minebea-opens-third-plant/