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Sihanoukville property owners in limbo as unfinished high-rises litter the city

In 2018, Kheav Sothanny leased his 600 square meters of land in central Sihanoukville to a Chinese investor to build a 14-storey condo. The contract offered him a rental fee of $20,000 a month. ...

Sorn Sarath
https://cambojanews.com/sihanoukville-property-owners-in-limbo-as-unfinished-high-rises-litter-the-city/

Cambodia Security Exchange Launches

The Cambodia Security Exchange (CSX) has launched though trading has yet to begin. Government officials and investors are upbeat about the launch saying that it will spur economic growth. The chance for investment in Cambodia is said to have grown significantly since the advent of ...

http://www.phnompenhpost.com/index.php/2011071150302/Business/stock-exchange-launches.html

Sihanoukville Port uncompetitive ahead of listing

Just months before Sihanoukville Autonomous Port is supposed to list on the Cambodia Securities Exchange, officials said yesterday that the state-owned enterprise is still more expensive and slower at processing goods than other ports in the region. An investor said that the problems confronting the port ...

Share Price Set for Stock at City Water Authority

Shares of the state-owned Phnom Penh Water Supply Authority (PPWSA) will trade at 6,300 riel, or $1.57, when the firm launches its initial public offering (IPO) on the Cambodian bourse on April 18, PPWSA announced yesterday. The price puts the company at the top of the ...

Forty Koh Kong families not happy with deal

Forty of the 375 families involved in a recently settled land dispute in Koh Kong province claimed on Tuesday that they have not yet received their promised cash compensation. Hence, the families requested the authorities to change the site of the land offered as they ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/forty-koh-kong-families-not-happy-deal

Elephant herds spotted in Wildlife Sanctuary

Researchers have released new photos offering a rare glimpse of endangered elephant herds seen traveling with calves through the Tonle Srepok Wildlife Sanctuary in Mondulkiri province earlier this month. The photos are part of a conservation supervisory project undertaken by Winrock International and the World Wildlife ...

Safiya Charles
http://www.khmertimeskh.com/news/26631/elephant-herds-spotted--in-wildlife-sanctuary

Major facelift for notorious Prey Speu

Officials in the Ministry of Social Affairs are planning to make a set of major changes to the infamous Prey Speu detention center, aimed at improving its healthcare services, educational options, and the quality of the housing it offers. But some critics say the changes ...

Jonathan Cox
http://www.khmertimeskh.com/news/18784/major-facelift-for-notorious-prey-speu/

Sugar plantation caught again with illegal wood

Authorities in Kompong Speu province on Wednesday seized more than 1,000 logs on the property of a Chinese-owned sugarcane plantation, marking the third time the firm has been found with illicit timber in the past year. Local officials offered no explanation for why the plantation’s on-site ...

Aun Pheap
https://www.cambodiadaily.com/news/sugar-plantation-caught-illegal-wood-118908/

CMAC to get pensions in framework of RCAF

The Cambodian Mine Action Center has been incorporated into the “framework” of the Cambodian military, ostensibly to allow CMAC employees to receive government pensions. “Officials and staff of [CMAC] would like to deeply thank [Hun Sen] for offering officials and staff of CMAC official framework ...

Andrew Nachemson
http://www.phnompenhpost.com/national/cmac-get-pensions-framework-rcaf

New Zealand supports Angkor restoration

New Zealand will offer US$3.7 million in aid to Cambodia to support a five-year Angkor Wat preservation project. Accoriding to local media reports, the funding was signed, last week, between Bun Narith, Cambodia’s Apsara Authority and Brent Rapson the first secretary of New Zealand Embassy to ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/06/new-zealand-supports-angkor-restoration/

‘Alternative’ approach for drug addicts: gov’t

After facing heavy criticism for the conditions inside its drug-rehabilitation centres, the Ministry of Health has said it will begin offering an alternative community-based approach at health centres nationwide by 2015. According to Chhum Vanarith, a secretary of state in the Health Ministry, the alternative ...

Sen David and Charles Rollet
http://phnompenhpost.com/national/%E2%80%98alternative%E2%80%99-approach-drug-addicts-gov%E2%80%99t

Unique pension plan pushed

A new union has been founded pledging to offer members a post-retirement pension with a novel twist – it will be funded by sponsorship from private companies. The head of the new Workers Retirement Fund of Cambodia Union president, Sidney Sok Ke, claims to have spent ...

Mom Kunthear
http://www.phnompenhpost.com/unique-pension-plan-pushed

Tourism hit in coronavirus fight

According to the Tourism Ministry, tourism declined 52 percent earlier this year.The government in February responded by offering promotional Angkor Archaeological Park fare tickets. ...

Marie Lamy and Va Sonyka
https://www.khmertimeskh.com/50707708/tourism-hit-in-coronavirus-fight/

New factory home for workers in brawl’s wake

Hundreds of Cambodian workers who refused to work at a Thai seafood factory after the deaths of two men in a violent brawl on Monday have been offered employment at another factory, their spokesman said yesterday. “The manager told us that in three more days, ...

http://www.phnompenhpost.com/index.php/2012060856670/National-news/new-factory-home-for-workers-in-brawls-wake.html

Stock Exchange Launches, Waits for Customers

The Cambodian Stock Exchange in Phnom Penh was launched by Finance Minister Keat Chhon, who has called on state-owned corporations to prepare for their initial public offerings. No companies as of yet are listed on the Cambodian Securities Exchange (CSX), though the launch was symbolic ...

Malaysia looks to improve maids' conditions

Malaysia wants to reach bilateral agreements with Cambodia and other labor-sending countries that would allow foreign maids to keep their passports, limit their work-day to eight hours and give them one day off per week, Malaysian news media reported yesterday. Malaysian Human Resources Minister Datuk Subramaniam ...

Ministry ups mental health centres

The Health Ministry has published a list of more than 400 health centres offering treatment for mental disorders and drug abuse, including their locations and contact numbers. The ministry expanded its outreach efforts to address mental health issues and drug abuse in public health facilities ...

Sen David
https://www.khmertimeskh.com/50575069/ministry-ups-mental-health-centres-2/

Report slams dam payouts

Households displaced by the massive Lower Sesan II hydropower dam project in Stung Treng province are being under-compensated by as much as $80,000, according to a new study.The research, published by the Rivers Coalition of Cambodia and led by political aspirant Kem Ley, found that ...

Taing Vida
http://www.phnompenhpost.com/national/report-slams-dam-payouts

Port’s IPO just months away

Cambodia’s second-largest port, Phnom Penh Autonomous Port, says it plans to have its initial public offering before the end of the year.The Post’s Sorn Sarath sat down with the port’s chairman and CEO, Hei Bavy, this week to talk about the progress of the IPO ...

Post Staff
http://www.phnompenhpost.com/business/ports-ipo-just-months-away

Online supermarket ready to take orders

KhmerToGo.com can’t solve the capital’s traffic problem, but it can keep residents and restaurant owners from getting stuck in it.The new online supermarket is set to go fully operational next week, offering what it claims will be the country’s most comprehensive selection of wholesale and ...

Ayanna Runcie
http://www.phnompenhpost.com/business/online-supermarket-ready-take-orders

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