Grand Twins may price Cambodia IPO below mid-point of indicative range
Tepid interest in a Taiwanese-owned garment manufacturer’s planned initial public offering in Cambodia means that the deal could be priced below the midpoint of an indicative range, a person with direct knowledge of the offering said Thursday. Grand Twins International (Cambodia) PLC had planned to sell ...
Rice industry caught in flux
The rice industry’s quest for greater quality at lower cost reached a dead end yesterday at a conference in Phnom Penh, with exporters and farmers polarised on how to achieve greater returns for the industry. The workshop, titled “Improving Rice Value Chain and Enhancing Farmers’ Livelihoods”, ...
Chan Muyhong
http://www.phnompenhpost.com/business/rice-industry-caught-flux
Borey River Town developer eyes second, $100 million property investment
Following the success of Borey River Town, the investor behind it has announced plans to inject $100 million into developing a new project. General manager Teng Rith says that construction of Borey River Town is now 50 per cent complete, with some 80 per cent of ...
KDC families want compensation deal revoked
Twenty-two families who have been locked in a bitter, seven-year dispute over 145 hectares of land in Kompong Chhnang province with a company owned by the wife of Mines and Energy Minister Suy Sem claim they were illegally pressured into accepting compensation and filed a ...
Kuch Naren
http://www.cambodiadaily.com/news/kdc-families-want-compensation-deal-revoked-62215/
Two years after offer, US yet to clean up war-era chemicals
Government officials on Thursday said they are still waiting for the U.S. Embassy to make good on a 2012 offer to clean up several barrels of the riot control agent CS that were dropped on Cambodia during the U.S.’ war with Vietnam and which the ...
Zsombor Peter and Saing Soenthrith
http://www.cambodiadaily.com/news/two-years-after-offer-us-yet-to-clean-up-war-era-chemicals-64930/
Unity appeal follows vitriol
Days after warning that his ruling party was as capable and willing to protest as the opposition, and threatening a barbed-wire fence in Freedom Park to divide the two groups, Prime Minister Hun Sen was yesterday talking multi-party reform. Speaking at the Intercontinental Hotel in Phnom ...
May Titthara
http://www.phnompenhpost.com/national/unity-appeal-follows-vitriol
ACU Threatens Jail for Students Caught Cheating
The Anti-Corruption Unit (ACU) will join with the Ministry of Education this year to curb cheating during national-level high school and junior high exams, according to ACU chairman Om Yentieng. In order to eliminate old habits of purchasing answer sheets and paying bribes to exam monitors, ...
Kuch Naren
http://www.cambodiadaily.com/news/acu-threatens-jail-for-students-caught-cheating-54933/
CNRP leaders lobby EU Parliamentarians over ‘Blood Sugar’
The opposition CNRP made another pitch for an end to free trade benefits for Cambodian sugar exports to the European Union at a meeting in Phnom Penh on Wednesday with visiting European Parliament members, blaming the benefits for effectively subsidizing companies that are evicting poor ...
Hul Reaksmey
http://www.cambodiadaily.com/news/cnrp-leaders-lobby-eu-parliamentarians-over-blood-sugar-55002/
Python skin origins unclear
The International Union for the Conservation of Nature (IUCN) on Monday warned that allegedly farmed python skins originating from Cambodia could in fact have been harvested in the wild, and called for surveys to determine the scale and impact of possible python hunting in the ...
Stuart White
http://www.phnompenhpost.com/national/python-skin-origins-unclear
Gov’t still considering taking refugees from Australia
Interior Minister Sar Kheng said Thursday that the government is still considering an Australian government proposal to take in asylum seekers intercepted while trying to reach the country. Speaking on the sidelines of a ceremony to swear in the heads of the new general departments of ...
Khy Sovuthy
http://www.cambodiadaily.com/news/govt-still-considering-taking-refugees-from-australia-57347/
Twenty-one men detained after strikes seek bail for fifth time
Union activist Vorn Pao and 20 other workers and activists who have been jailed since the violent suppression of garment protests in early January had their request for bail heard for the fifth time on Friday, this time by the Supreme Court. Mr. Pao, the president ...
Khuon Narim
http://www.cambodiadaily.com/news/twenty-one-men-detained-after-strikes-seek-bail-for-fifth-time-58004/
Family of Dave Walker says evidence points to murder
Friends and family of Canadian journalist Dave Walker, whose badly decomposed body was found on May 1 in Siem Reap province, have issued new statements accusing the Cambodian and Canadian governments of being complicit in what they say was his murder. According to a statement posted ...
Lauren Crothers
http://www.cambodiadaily.com/news/family-of-dave-walker-says-evidence-points-to-murder-58443/
Mysterious bones stoke conspiracy
A package containing charred human remains was delivered to the Cambodia National Rescue Party office in Phnom Penh yesterday morning. Despite a seeming complete absence of hard evidence, some are convinced the remains – found on Saturday at a mountain in Kampong Speu – belong to ...
Meas Sokchea
http://www.phnompenhpost.com/national/mysterious-bones-stoke-conspiracy
Japan firm buys share of new power plant
In what looks to be a concerted push into the Southeast Asian energy sector, Japanese import and export conglomerate Marubeni Corporation has acquired a large stake of Cambodia’s power generation infrastructure. In a Tokyo Stock Exchange filing dated June 2, Marubeni announced it had purchased a ...
Hor Kimsay
http://www.phnompenhpost.com/business/japan-firm-buys-share-new-power-plant
ID card grace period nearing end
The Ministry of Interior yesterday reminded Cambodians of their obligation to obtain new or replacement national ID cards, a common piece of documentation required for people over 15 years of age and the validity of which had previously been extended to accommodate last year’s national ...
Meas Sokchea
http://www.phnompenhpost.com/national/id-card-grace-period-nearing-end
Sambo’s return to city nixed
Sambo the elephant will not be allowed to return to work in Phnom Penh, because both City Hall and the Forestry Administration oppose the idea, the FA’s director-general said yesterday. The 54-year-old Sambo left the city in 2012 after decades of entertaining and giving rides to ...
Kevin Ponniah and Mom Kunthear
http://www.phnompenhpost.com/national/sambo%E2%80%99s-return-city-nixed
Military police officer accused
A military police officer has been arrested and will be sent to court, while two others remain under questioning, after an unarmed man was shot dead on Wednesday night while travelling in a car through protected forest in Mondulkiri’s O’Raing district, officials said. Two military police ...
Sen David and Amelia Woodside
http://www.phnompenhpost.com/national/military-police-officer-accused
Work continues at contested KDC site
A company owned by the wife of Mines and Energy Minister Suy Sem forged ahead with its construction of a concrete wall around a swath of disputed land in Kompong Chhnang province Friday, despite a call from the U.N.’s human rights envoy on Thursday that ...
Kuch Naren
http://www.cambodiadaily.com/news/work-continues-at-contested-kdc-site-63906/
Political deadlock broken
The ruling Cambodian People’s Party and the opposition Cambodia National Rescue Party have struck a deal that will end the longest parliamentary deadlock in the country’s history. With the announcement, seven elected opposition lawmakers and one party activist arrested last week over violent clashes at Freedom ...
Post Staff
http://www.phnompenhpost.com/national/political-deadlock-broken
Anti-Vietnam talk by CNRP ‘alarms’ envoy
UN human rights envoy Surya Subedi yesterday said he was “alarmed” by anti-Vietnamese language used by the opposition party to rally its supporters, a message he said he had conveyed to Cambodia National Rescue Party leaders during his visit. Speaking at a press conference to conclude ...
Kevin Ponniah
http://www.phnompenhpost.com/national/anti-vietnam-talk-cnrp-%E2%80%98alarms%E2%80%99-envoy