Cambodia Joins Stocks Party
Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...
http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html
Luxury tourism slowly on the rise
A helicopter flight tour to Preah Vihear is just one part of the 10-day Cambodia Immersion for Millionaires Tour launched this week. The cost per person? $25,000. According to Christopher Gramsch, sales manager for organiser Khiri Travel Cambodia, there is increasing demand among high-spending travellers and ...
http://www.phnompenhpost.com/2013042565220/Business/luxury-tourism-slowly-on-the-rise.html
Californian Winery Enters Cambodian Market
California-based winery E. & J. Gallo has entered Cambodia and is offering four of its more economically priced brands in an effort to introduce locals to wine without breaking their budget, company representatives said Monday. “Cambodia, as well as other markets in Asia, is perfect for ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/californian-winery-enters-cambodian-market-46863/
Unions Want Government, Factories to Resume Wage Talks
The unions behind several days of strikes that turned deadly this month said they will officially ask the Labor Ministry today to resume negotiations on a new minimum wage for the country’s critical garment sector, and said they would hold more street protests if their ...
Aun Pheap
http://www.cambodiadaily.com/news/unions-want-government-factories-to-resume-wage-talks-50451/
New provider CooTel launches in Kingdom
Telecommunications company Xinwei (Cambodia) Telecom Co Ltd, operating under the CooTel brand, officially launched in Cambodia yesterday, being the first operator to offer 4G technology in the country, a company statement released yesterday said. “CooTel strongly believes it will be successful in entering the Cambodian market ...
Post Staff, P.8
http://www.phnompenhpost.com
Officials ‘take cut’ of dam compensation
Officials involved in negotiating compensation offers between the developers of the Lower Sesan II dam and affected villagers have kept a portion of the money paid out to 12 families for themselves, according to an official. Duong Pov, Stung Treng provincial administration director, claimed that a ...
Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/officials-%E2%80%98take-cut%E2%80%99-dam-compensation
Villagers spurn firm’s ‘gifts’
A plantation company with its sights set on a community forest long used by local ethnic minority Jarai in Ratanakkiri’s O’Yadav district arranged a meeting with more than 200 villagers this week to try to persuade them to sign over the woodland. Representatives of the Heng ...
Phak Seangly
http://www.phnompenhpost.com/villagers-spurn-firms-gifts
One family settles land dispute, 2nd holds out
One of two Phnom Penh families involved in a long-running land dispute with a powerful real estate tycoon accepted the businessman’s latest compensation offer during negotiations Tuesday brokered by the Housing Rights Task Force, though the other family has continued to hold out. The two families, ...
Ben Sokhean
http://www.cambodiadaily.com/news/one-family-settles-land-dispute-2nd-holds-out-65812/
PPCBank bond trades on secondary market
In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market
Capital hosts ‘people’s congress’
More than 1,000 people from civil society organisations and community groups have gathered for a three-day “People’s Assembly” in Phnom Penh to express their views and offer agenda items that it would like the Cambodian government to submit to the ASEAN leaders who would attending ...
Long Kimmarita
https://www.phnompenhpost.com/national/capital-hosts-peoples-congress
NSSF health coverage for more groups
The National Social Security Fund (NSSF) plans to offer free healthcare to new target groups under a new programme. The first and largest group includes vendors and those who work in related informal jobs, like street vendors. He added the other target groups include digital ...
Tith Kongnov
https://www.khmertimeskh.com/501434860/nssf-health-coverage-for-more-groups/
Land Rights Talks Held With Japanese Envoy
Japanese Ambassador Kuroki Masafumi met with human rights workers on Friday to discuss land rights in Cambodia, particularly implementation of the law and the use of force in evictions, two of the participants at the meeting said. Adhoc President Thun Saray, Licadho President Pung Chhiv Kek and ...
Species in ‘dramatic decline’ in east: WWF
Multiple animal species are in “dramatic decline” on Cambodia’s Eastern Plains as a result of habitat loss, road incursion, insufficient law enforcement and poaching, the World Wildlife Fund said in a statement yesterday. ...
Igor Kossov
http://www.phnompenhpost.com/national/species-dramatic-decline-east-wwf
Pollution woes: Gov’t meets with locals about mine
Officials from the Ministry of Mines and Energy yesterday met with villagers in Ratanakkiri province’s Taveng district about a gold mine they allege violates the law and introduces toxic chemicals into the nearby Sesan River. ...
Sen David
http://www.phnompenhpost.com/national/pollution-woes-gov%E2%80%99t-meets-locals-about-mine
Political commentators, NGO slam Cambodia’s electoral reform deal
Cambodian political commentators and a civil society group have criticized a deal between the ruling and opposition parties which finalized a draft national electoral reform law, as being nontransparent and only serving the two parties themselves. ...
RFA Khmer News Staff
http://www.rfa.org/english/news/cambodia/draft-electoral-reform-law-deal-reached-03022015165113.html
Villagers’ deaths prompt mines meeting
Mines Minister Suy Sem yesterday ordered mining operators to follow the law to prevent mining waste from polluting rivers in the wake of more than 10 villagers dying from consuming tainted water in Kratie province. ...
Khy Sovuthy
https://www.khmertimeskh.com/50492837/villagers-deaths-prompt-mines-meeting/
Legislation to regulate eco-tourism segment
The Ministry of Tourism is preparing a draft law for eco-tourism with the hope that it will keep Cambodia’s tourism industry competitive while protecting the Kingdom’s natural resources and promoting conservation efforts. ...
Hor Kimsay
http://www.phnompenhpost.com/business/legislation-regulate-eco-tourism-segment
Gov’t to crack down on surrogacy clinics
Fleeing strict new laws at home, surrogacy companies are moving their “wombs for rent” services from Thailand to Cambodia, causing some analysts to raise concerns that would-be parents could be swindled by the little-regulated industry. ...
Chea Takihiro and Jonathan Cox
http://www.khmertimeskh.com/news/17745/gov---t-to-crack-down-on-surrogacy-clinics/
Prime minister wants no politicking outside elections
Prime Minister Hun Sen complained Thursday that too much politicking has been going on outside of the several-week official campaign period leading up to an election and that laws should be made to penalize the activity. ...
Khuon Narim and Alex Willemyns
https://www.cambodiadaily.com/news/prime-minister-wants-no-politicking-outside-elections-99533/
Candlelight Party amends statute in congress
The Candlelight Party yesterday held its congress to change some articles in its statute to comply with the amended Law on Political Parties to allow it to request dissolution from the Interior Ministry if necessary. ...
Khuon Narim
http://www.khmertimeskh.com/50110704/candlelight-party-amends-statute-congress/