Cambodia's listed water supplier records revenue up 25 pct last year
The listed Phnom Penh Water Supply Authority (PPWSA) earned total revenues of 36.9 million U.S. dollars in 2012, up 25 percent year-on-year, according to the firm’s unaudited financial statement on Wednesday. The report said that the firm’s net income after tax was 8.56 million U.S. dollars ...
http://news.xinhuanet.com/english/business/2013-02/20/c_132181099.htm
UK to open investment office
The United Kingdom Trade and Investment Office would establish a permanent branch in Phnom Penh in the expectation that economic ties between the two countries would continue to grow, Cambodian and UK Officials said yesterday. Bilateral trade has risen by 300 per cent during the past ...
http://www.phnompenhpost.com/index.php/2012051856232/Business/uk-to-open-investment-office.html
Boeung Kak 13 held without charge
Thirteen women hauled into police vehicles during a demonstration at Boeung Kak lake on Tuesday were being held without charge at Phnom Penh police headquarters last night. About 70 Boeung Kak villagers rallied outside Phnom Penh municipal court yesterday in support of the arrested women, who ...
http://www.phnompenhpost.com/index.php/2012052456371/National-news/b-kak-13-held-without-charge.html
GE Engines to power Cambodian rice husk power project
GE Energy has signed a contract with Cambodian industrial conglomerate Soma Group to supply two of its engines to power a biomass gasification facility. Soma Group’s Hak Se mill biomass gasification project is located in Cambodia’s rural rice milling region Kamphong Cham, and reinforces a 2011 ...
http://biomassmagazine.com/articles/7870/ge-engines-to-power-cambodian-rice-husk-power-project
Cedac Encourages Using Frogs As an Alternative to Pesticides
Cambodian farmers often turn to pesticides when trying to stop insects from destroying crops, but the Cambodian Center for Study and Development in Agriculture (Cedac) has come up with a better idea: frogs. “Frogs are important to protect rice plants from damage by insects, especially during ...
Work restarts at Xayaburi dam in Laos -project leader
Work has resumed on a controversial $3.5 billion dam across the Mekong River in Laos, its Thai developer said on Thursday, contradicting Laotian assurances it had been suspended following protests over its environmental impact. Laos agreed in December to suspend the Xayaburi dam project and said ...
http://uk.reuters.com/article/2012/08/16/thailand-laos-xayaburi-idUKL4E8JG0Y420120816
Toll Royal Railways expands
Toll Royal Railways signed two freight logistics agreements with Siam Concrete Group and United Logistics and Distribution at their offices in Phnom Penh’s Central Railway Station yesterday. SCG Cambodia contracted TRR for the transport and warehousing for bagged cement from Touk Meas in Kampot province to ...
http://www.phnompenhpost.com/index.php/2012101259265/Business/toll-royal-railways-expands.html
PPWSA closes higher after a week down
For the first time in weeks, Phnom Penh Water Supply Authority yesterday closed up 4.35 per cent, a sign the stock was stablising after a rough opening, insiders said. After an eight-day price decline, PPWSA – the sole listed company on the Cambodia Securities Exchange – ...
http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html
Villagers in Land Dispute Questioned by Court
The Phnom Penh Municipal Court yesterday questioned four Russei Keo district villagers from two families who have been embroiled in a land dispute for two years with a local businessman, lawyers said yesterday. The families are accused of physically attacking landowner Lao Tong Ngy, a man ...
SRP Asks King Sihamoni to Pardon Boeng Kak 15
Members of the opposition SRP on Saturday sent a petition to King Norodom Sihamoni asking him to pardon the 13 Boeng Kak residents who were sentenced to two-and-a-half years in jail on May 24 after holding a peaceful protest against CPP senator Lao Meng Khin’s ...
Lawsuit Filed Against Banteay Meanchey Land Protesters
Banteay Meanchey’s provincial environment department, a local company and two bulldozer drivers, have sued four villagers in Banteay Meanchey province over their alleged role in a violent land protest in February. The villagers, who have been summoned for questioning this week, stand accused of intentional property ...
Garment Workers Strike, Demand Higher Wages
About 4,000 workers at the M&V Textile factory in Kompong Chhnang province, which supplies well-known brands such as H&M and Gap, went on strike yesterday morning to demand a pay raise, a union representative said. Meas Sokhen, a representative of the Free Trade Union, said ...
Cambodia to spend 21 mln USD for July general election
Cambodia will spend about 21 million U.S. dollars to cover for the [sic] proceedings of the general elections on July 28, a senior official at the National Election Committee (NEC) said Friday. “The budget for the forthcoming elections is about 21 million U.S. dollars, up from ...
http://news.xinhuanet.com/english/world/2013-01/04/c_132080391.htm
Insuring for higher education
Canada-based life insurance company Manulife has launched a product intended to provide parents with security for their children’s education, and officials at the firm say they are optimistic about its prospects. Manulife’s research found that even families who were financially struggling would take advantage of ...
http://www.phnompenhpost.com/2013042365160/Business/insuring-for-higher-education.html
As Election Nears, There’s Little Help for Voters Left Off List
Yim Vivatey has cast his ballot at the same polling station in Phnom Penh’s Prampi Makara district since 2003. He has never moved and has been assigned to the same polling station number each time—351. But when the wiry 35-year-old tried looking up his name on ...
Floods kill 152 people, affect 418,770 families in Cambodia: officials
The Mekong River and flash floods have killed at least 152 people and affected 418,770 families in 20 provinces in Cambodia, disaster control officials said Friday. Pon Narith, Secretary General of the National Committee for Disaster Management (NCDM), said floods have hit the country twice this ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/18/c_132809421.htm
Hun Sen rejects opposition calls to hold new election, step down
Cambodian Prime Minister Hun Sen on Friday rejected opposition calls for him to dissolve the National Assembly to pave the way for a new election and to step down from power. “I want to stress that there is no re-election, no one dissolves the legislature and ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/131220/hun-sen-rejects-opposition-calls-hold-new-election-ste
Vendors fight for right to stay put
Food vendors at Phnom Penh’s O’Russey Market have fought and won a battle against eviction. On Friday, about 80 vendors, including some who have sold food at the market since 1997, were told to clear out of what has become a heavily congested parking lot outside ...
Chhay Channyda
http://www.phnompenhpost.com/national/vendors-fight-right-stay-put
ANZ keen to exit Cambodia bank stake
Australia and New Zealand Banking Group Ltd, the country’s third-biggest lender, is keen to exit its holding in Cambodia and will look at wholly owned business models wherever regulations allow. “We got out of a relationship, a small relationship, in Vietnam. We would like to ...
The Business Times News Staff
http://www.businesstimes.com.sg/breaking-news/asia/anz-keen-exit-cambodia-bank-stake-20140325
Former Boeng Kak activists protest at City Hall
About 50 residents evicted from Phnom Penh’s Boeng Kak neighborhood in 2008 and 2009 to make way for a senator’s real estate project once again protested in front of City Hall Monday to demand better compensation. They are among some 3,000 families who were forced ...
Mech Dara
http://www.cambodiadaily.com/news/former-boeng-kak-activists-protest-at-city-hall-57647/