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Forest officials involved in logging, villagers say

Communities living in the protected Snuol wildlife sanctuary in Kratie province said yesterday that the sanctuary was being destroyed by private companies acting in collusion with local wildlife officers. Snuol forest community representative Mom Sakim said private interests were claiming large areas of the sanctuary without ...

http://www.phnompenhpost.com/2013060566074/National/forest-officials-involved-in-logging-villagers-say.html

SEZ adds to tycoon’s growing portfolio

Okhna Try Pheap’s ballooning empire of exclusive natural resource licences and concessions has been expanded even further with the granting of a special economic zone (SEZ) in Ratanakkiri province. The May 27 issue of the Royal Gazette reveals Pheap was granted a 136-hectare SEZ in O’Yadav ...

http://www.phnompenhpost.com/2013061266216/National/sez-adds-to-tycoon-s-growing-portfolio.html

Garment Exports Booming Despite Concerns

Despite criticisms over safety, outbreaks of sometimes violent industrial action and a raise in the minimum wage that it was warned would scare off manufacturers, Cambodia’s garment sector is booming, according to government figures. A report on state newswire Agence Kampuchea Presse (AKP) on Friday said ...

http://www.cambodiadaily.com/business/garment-exports-booming-despite-concerns-34035/

Cambodia gets rolling

The small but sleek Angkor Car can easily navigate the narrow streets of Cambodia, while with an electric engine saves on expensive fuel costs. It may cost $10,000 per vehicle, a bit steep for most local people, but the vehicle is a welcome testimony to ...

http://www.bangkokpost.com/business/marketing/348783/cambodia-gets-rolling

Private property, public greed in Cambodia

Mark Moorstein knew little about Cambodia before he got involved in a lawsuit on behalf of land owners there. But as it’s turning out, the suit could end up affecting most every country in Asia. Moorstein is a land-use lawyer in Northern Virginia who, like many ...

http://www.politico.com/story/2013/05/lawyer-works-to-put-end-to-cambodia-land-grabbing-90985.html#ixzz2SlF9JBUm

NagaCorp rolls dice on $15 million VIP terminal

A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...

http://www.phnompenhpost.com/2013053065932/Business/nagacorp-rolls-dice-on-15-million-vip-terminal.html

Thousands displaced by flooding of Mekong

Nearly 1,000 families residing in provinces along the Mekong River had been evacuated to safe areas as of Tuesday, while 1,133 houses in Kratie province had been inundated, according to provincial authorities. The water levels in the provinces had risen significantly, they said, leading schools ...

Voun Dara
https://www.phnompenhpost.com/national/thousands-displaced-flooding-mekong

Seized timber to be auctioned

Prime Minister Hun Sen yesterday confirmed official announcements made on Monday that about 70,000 cubic meters of timber confiscated by the National Anti-Deforestation Committee (NADC) would be put up for auction, reneging on his previous statement that the timber would go to the Education Ministry ...

May Titthara
http://www.khmertimeskh.com/news/24814/seized-timber-to-be-auctioned/

Thai princess to visit Kingdom next week

Thai Princess Maha Chakri Sirindhorn will travel to Cambodia for a three-day official visit next week, where she will meet with King Norodom Sihamoni, Prime Minister Hun Sen and attend multiple groundbreaking ceremonies at schools in Kampong Speu and Kampong Thom provinces, according to a ...

Ros Chanveasna
http://www.khmertimeskh.com/news/21417/thai-princess-to-visit-kingdom-next-week/

ACU chief applauds teachers, threatens jail time at 2nd exam

Anti-corruption czar Om Yentieng on Wednesday applauded high school teachers for overseeing the nation’s cleanest-ever national exam earlier this month, but warned that jail time awaited anyone who is found to be corrupt at the second round of exams in October. ...

Phann Ana
http://www.cambodiadaily.com/news/acu-chief-applauds-teachers-threatens-jail-time-at-2nd-exam-67248/

Just one chance at exam this year

High school students who fail the national exams this year will not be getting a second chance like their 2014 counterparts. While some extenuating and unavoidable circumstances will be taken into consideration, the Ministry of Education, Youth and Sport announced yesterday that final-year students would only ...

Pech Sotheary
http://www.phnompenhpost.com/just-one-chance-exam-year

Cambodian activists stage hunger strike

Dozens of protesters called Monday for the release of Cambodian activists arrested during a bloody crackdown last month, as a prison official said several of the detainees were on hunger strike. The brief rally was held outside the Ministry of Justice and the Appeals Court to ...

iAfrica News Staff
http://news.iafrica.com/worldnews/896936.html

Cambodian officials meet with buyers from global brands on garment issues

Cambodian officials, led by Permanent Deputy Prime Minister Keat Chhon, on Monday met with a 18-member delegation representing global brands and trade unions to discuss garment worker rights and wages. It was the second round of talks between Cambodian government officials and representatives of major brands ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/26/c_133363019.htm

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 ...

http://www.phnompenhpost.com/index.php/2011072050510/Business/land-pricing-valuers-to-meet-in-siem-reap.html

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

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