Oral community to block entrance to forestland to protect from military clearance
Villagers in the Oral district of Kampong Speu province are digging in to protect what they claim as their community forest land, despite increasing pressure from the military to leave the site. ...
Sorn Sarath
https://cambojanews.com/oral-community-to-block-entrance-to-forestland-to-protect-from-military-clearance/
Five parties urge changes to the electoral laws
Five opposition parties that have been pushing for a change in the electoral law called for a constitutional amendment to reform membership of the National Election Committee. ...
Khuon Narim
https://cambojanews.com/five-parties-urge-changes-to-the-electoral-laws/
Former opposition activists arrested for Facebook posts insulting the king
Two former opposition activists were arrested Tuesday and charged with incitement and insulting the King for Facebook posts commenting on the relationship between King Norodom Sihamoni and Prime Minister Hun Sen. ...
Sorn Sarath
https://cambojanews.com/former-opposition-activists-arrested-for-facebook-posts-insulting-the-king/
China’s ‘No Strings’ Aid Increasingly Attractive
The timing couldn’t have been better. After a week in which one NGO was suspended and others warned to “readjust their work,” and the World Bank was finally forced to reveal that it had stopped loaning to Cambodia, the government announced over the weekend that ...
New owners, old story
An existing moratorium on economic land concessions should be no impediment to pouring more cash into the Kingdom’s booming, and highly criticised, rubber trade, industry executives in the capital heard yesterday, as many current ELCs can simply be recycled to a new crop of investors. Ly ...
Daniel Pye
http://www.phnompenhpost.com/national/new-owners-old-story
Valuers to meet in Siem Reap
Real-estate evaluators from the ASEAN Valuers Association (AVA) have met in Siem Reap in order to improve the industry. The AVA wants to develop the Cambodian real-estate market by assisting developers and investors. Those attending the conference share experience and ideals will offering training to ...
Phnom Penh SEZ gets $10M in investment
Two regional companies have invested nearly $10 million to acquire 14 million shares in the Phnom Penh Special Economic Zone Plc (PPSEZ) – one of five companies listed on the Cambodia Securities Exchange (CSX) – in what is considered the first ever private offering by ...
Kun Kourchettan
https://www.phnompenhpost.com/business/phnom-penh-sez-gets-10m-investment
Japan provides grant for demining
CMAC director-general Heng Ratana told The Post on Sunday that Japan has offered $3,536,680 for mine clearance throughout the Kingdom and another $300,000 for CMAC operations in Battambang province, which also involves supporting mine victims for 12 months starting from January 1 to December 31. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/japan-provides-grant-demining
PPSEZ sets timeline for delayed IPO launch
After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced yesterday that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on April 18 and hold a public roadshow ...
Kali Kotoski
http://www.phnompenhpost.com/business/ppsez-sets-timeline-delayed-ipo-launch
Share price set for port’s $5.2M IPO
Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/share-price-set-ports-52m-ipo
Residents plead for resolution
Chroy Changvar district residents affected by the Overseas Cambodia Investment Corporation’s (OCIC) satellite city project have again appealed to authorities to help them solve their land dispute, especially ahead of the upcoming commune elections, instead of the Phnom Penh city hall’s below market value compensation ...
Mom Kunthear
http://www.khmertimeskh.com/news/34306/residents-plead-for-resolution/
Dhipaya Insurance set to open here next year
Thailand’s second-largest insurer is looking to enter the Cambodian market by next year, local Thai media reported yesterday. Dhipaya Insurance announced it has applied for a licence to operate in the Kingdom and is the latest international insurance company planning to offer services in Cambodia’s ...
Post Staff
http://www.phnompenhpost.com/business/dhipaya-insurance-set-open-here-next-year
Cambodia set to take second go at rice bid
Despite failing in its latest attempt to win the Philippine government’s bid to import rice, Cambodia will once again throw its hat into the ring when the offer is reissued, industry representatives said yesterday. ...
Chan Muyhong
http://phnompenhpost.com/business/cambodia-set-take-second-go-rice-bid
Newlyweds targeted with ‘wedding loans’
Phnom Penh Commercial Bank will offer “wedding loans” to newlyweds, a product based on a similar borrowing practice is South Korea. The majority-owned South Korean bank will set aside more than US$1 million for start-up families that don’t want their parents shelling out savings for new ...
http://www.phnompenhpost.com/index.php/2012071157335/Business/newlyweds-wedding-loans.html
CNRP Wants Presidency of Assembly Before Taking Seats
With the ruling CPP having voted in its National Assembly leadership and government ministers on Tuesday, officials from the CNRP said opposition lawmakers would not take their seats in parliament unless the party is guaranteed control over the National Assembly. “I think that the two-day meeting ...
Colin Meyn
http://www.cambodiadaily.com/elections/cnrp-wants-presidency-of-assembly-before-taking-seats-43141/
Regional bank meets with evicted railway families
The Asian Development Bank (ADB) met yesterday with the representatives of families evicted or facing eviction to make way for an ADB-funDed railway project, and DefenDed itself against complaints that the project was pushing some of them Deeper into poverty. The ADB has billed the $142 ...
Indigenous Forest Protection Group Again Told to Disband
Members of Bunong ethnic minority forest group in Kratie province who accused local police of barring their community patrols in search of illegal logging were told by a Forestry Administration official yesterday that they had no authority to operate. Mr. [Peit] Kun Pedor [head of ...
Land abuses 'threaten stability'
Cambodia’s economic land concession (ELC) policies are hindering development far more than helping it and beginning to erode the country’s hard-won stability, Cambodia’s special rapporteur warned yesterday. “As I have noted in relation to other sectors in Cambodia, the existence of the legal framework on paper ...
Jarai ethnic minority claim forest razed
The custodians of a community forest in Ratanakkiri have accused a company of illegally bulldozing their protected jungle. Sen Youn, a representative of the Jarai ethnic minority in O’Yadav district’s Lumchor commune, said yesterday an investigation with rights groups had uncovered that the Chea Chanrith Development ...
Thousands More Logs Found on Company's Land
Ethnic Jarai villagers and a local rights worker yesterday discovered about 3,000 more logs that have been illegally cut by the ViEtnamese owners of a rubber concession in Ratanakkiri province’s O’Yadaw district, according to rights group Adhoc. The logs were found stockpiled in dense forest inside ...