Net widens on fishing trap ban
Less than a week after banning commercial fishing in Tonle Sap Lake, Prime Minister Hun Sen issued a sub-decree on Monday extending the ban to four provinces along the Mekong River. According to the sub-decree, signed March 5 and released publicly yesterday, commercial fishing will be ...
Cambodia's first IPO nears
Cambodia’s first initial public offering is fast approaching, and demand is expected to be robust. Bookbuilding, the process during which bids are taken and a price set for shares, ended last Wednesday for Phnom Penh Water Supply Authority (PPWSA). The final offering price will be announced ...
http://www.bangkokpost.com/business/economics/284959/cambodia-first-ipo-nears
Cargo growth for Phnom Penh Port reaches 30% in September of 2011
“Cargo transferred to and from the Phnom Penh Autonomous Port (PPAP) is at 121,654.116 tones in September of 2011, increasing 30 percent if comparing to September 2010 with 92,648.796 tones,” according to the report from the PPAP obtained by SEAW on October 3rd. This September report ...
Kingdom relieved after US internet law fails to pass
The postponement of two US internet piracy bills last week was met with relief by human rights and media experts in Cambodia, who say the overreaching grasp of the proposed legislation would hinder the internet’s progress and growth in the Kingdom. The US House of Representative’s ...
In Need of Power, Phnom Penh Blacks Out
Rolling blackouts that plagued Phnom Penh this week were the result of the city’s power supply being unable to meet demand as the country moves into the hot season, officials at state-owned Electricite du Cambodge (EdC) said on Friday. Power Outages rolled over the city this ...
Government Probes 2,000 Hectare Land Grab
Government officials in Kompong Thom province said yesterday that they are investigating the ownership of more than 2,000 hectares of land currently being held by an unknown number of individuals who are suspected of illegal land grabbing. An Agriculture Ministry official pointed the finger of ...
Jailed Fishermen Released After Hun Sen Order
Within days of Prime Minister Hun Sen’s announced amnesty for those detained and jailed for fisheries crimes, the Ministry of Justice responded and has already freed dozens of suspects from provincial prisons around the country, judicial officials said yesterday. Independent analysts, however, said the order ...
Railway project suffers a blow
The contractor in charge of rebuilding Cambodia’s national railway has been cutting corners on the health and safety of its workers, according to a report published yesterday by the Asian Development Bank. TSO-AS & Nawarath, a French-Thai joint venture, was reportedly found to have grossly violated ...
http://www.phnompenhpost.com/index.php/2012032355214/Business/railway-project-suffers-a-blow.html
ASEAN hits troubled waters
Prime Minister Hun Sen pushed regional unity at the opening ceremony of the ASEAN Summit yesterday, but criticism directed at Cambodia over the South China Sea ensured the dispute remained front and centre. As heavily armed guards lined the streets outside the Peace Palace in Phnom ...
http://www.phnompenhpost.com/index.php/2012040455423/National-news/asean-hits-troubled-waters.html
Human trafficking arrests on the rise
The National Committee for Counter Trafficking cracked down on 131 human trafficking and sexual exploitation cases from January to last month, an increase of 22 cases over the same period last year. Chou Bun Eng, an Interior Ministry secretary of state and also NCCT vice ...
Pech Sotheary
https://www.khmertimeskh.com/50660947/human-trafficking-arrests-on-the-rise/
US denies conspiracy to topple Cambodian government
The US Embassy yesterday hit back at unsubstantiated claims of a United States-backed conspiracy to topple the government disseminated by pro-government media outlet Fresh News, even as local news reported that the Interior Ministry would investigate the purported plot. ...
Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/us-denies-conspiracy-topple-cambodian-government
Chinese eye asset management
A group of Chinese investors has expressed interest in investing in Cambodia’s asset management sector and tapping into the vast opportunities for businesses and investments brought about by the Kingdom’s current economic development. Kao Thach, the CEO of state-owned Rural Development Bank (RDB), met with a ...
Thou Vireak
https://www.phnompenhpost.com/business/chinese-eye-asset-management
Land Rights Worry UN
A mission to examine political rights in Cambodia has been increasingly overshadowed by the Kingdom’s dire land rights situation, the 2012 report from Cambodia’s UN special rapporteur on the situation of human rights, published yesterday, shows. Cambodia’s rapporteur, Surya Subedi, conducted two fact-finding missions to Cambodia ...
Wealthy Splurge on 'Lucky' License Plates, Phone Numbers
Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...
Show the licenses: SRP
An opposition lawmaker is calling for the government to publicise its licensing of Cambodian mines, claiming that parliament has never received formal documentation of licensed mining companies. In a letter to Minister of Industry Mines & Energy Suy Sem last week, Sam Rainsy Party lawmaker Son ...
http://www.phnompenhpost.com/index.php/2012083158408/National-news/show-the-licences-srp.html
Cambodia Says No Strings Attached in Recent Chinese Aid
China has done a lot to support Cambodia over the years with millions of dollars in aid, loans and investment. But after reports this week that China has pledged another $500 million in soft loans and grants—and publicly thanked Cambodia for its support in Southeast ...
http://blogs.wsj.com/searealtime/2012/09/06/cambodia-says-no-strings-attached-in-recent-chinese-aid/
Cambodia Says No Strings Attached in Recent Chinese Aid
China has done a lot to support Cambodia over the years, with millions of dollars in aid, loans and investment. But after reports last week that China has pledged another $500 million in soft loans and grants-and publicly thanked Cambodia for its support in Southeast ...
Villagers along Cambodia's Tonle Sap Lake Livelihood Threatened
Villagers on Tonle Sap Lake in Cambodia, who depend on fishing for subsistence, say their livelihoods are threatened by illegal commercial fishing, which continues after a government ban. And they say authorities in charge of enforcing the ban are being bribed to look the other ...
The arrival of the ASEAN Economic Community will likely be delayed
ASEAN leaders have proposed putting off the planned launch of the ASEAN Economic Community (AEC) until the end of 2015, instead of the beginning of that year, so each member state will have more time to prepare for the single market, according to Cambodian Commerce ...
Record number of participants for the 9th ASEAN Business & Investment Summit
The South East Asian business elite and 16 Heads of States and Governments will meet in Phnom Penh when the 9. ASEAN Business & Investment Summit will be held as an official side event to the ASEN Leaders Summit and the ASEN Leaders Summit (EAS) “Interest ...
http://www.scandasia.com/viewNews.php?coun_code=fi&news_id=11360