Bank Backs Displaced Families’ Compensation
The Asian Development Bank (ADB), one of the two major financiers of the rehabilitation of Cambodia’s railways, yesterday rejected criticism that they were providing insufficient resettlement packages to residents displaced by the project. On Friday, the ADB released a cost study that showed that the compensation ...
Passports in hand, strikers eye return
More than half of the 800 Cambodian workers who accused police of threatening them with guns and firing into the air during a protest at Phatthana Seafood Co in Thailand on Monday were preparing to return home yesterday, a strike representative said. Sok Sorng said employees ...
PPSEZ plans bookbuild for scaled-back IPO
Phnom Penh Special Economic Zone (PPSEZ), the private firm that operates Cambodia’s most developed industrial park, will hold a bookbuild for investors later this month for an initial public offering it hopes will raise up to $11.6 million for expansion and debt repayment, according to ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-plans-bookbuild-scaled-back-ipo
Pilot project for disabled in Pailin to spread
Pailin province will be ground zero for a Ministry of Social Affairs’ pilot project that will offer 20,000 riel stipends monthly to poor, disabled citizens, according to ministry officials. The funds will be distributed to citizens for set amounts of time based on their level ...
Mom Kunthear
http://www.khmertimeskh.com/news/21618/pilot-project-for-disabled-in-pailin-to-spread/
A budding friendship
A more than hour-long meeting between Philippines President Rodrigo Duterte, making his first-ever visit to Cambodia, and Prime Minister Hun Sen ended yesterday afternoon with an aide to the premier offering reporters the typical avowals of “cooperation”. But while the state visit – which included ...
Jack Davies and Touch Sokha
http://www.phnompenhpost.com/national/budding-friendship
Phnom Penh villas declining
For many years, Phnom Penh’s villas have represented the most attractive and obvious options for both commercial and residential use in the city, but experts say the number of villas available is on the decline. The stock of villas is decreasing, due to the demolition and ...
http://www.phnompenhpost.com/index.php/Real-Estate/phnom-penh-villas-declining.html
Cambodia ripe for more exports
Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday. Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had ...
http://vietnamnews.vnagency.com.vn/Economy/226853/cambodia-ripe-for-more-exports.html
VimpelCom may sell units in Africa and Asia
Russian giant pulling back to core markets to achieve more rational structure and raise funds for investment Russia’s VimpelCom is considering selling many of its subsidiaries in Africa and Asia to focus on more “mature” markets, according to reports. The Financial Times newspaper says that the operator ...
http://www.rethink-wireless.com/2012/10/30/vimpelcom-sell-units-africa-asia.htm
PM Hun Sen lavishes praise on China
In his first public speech following this week’s ASEAN summit, Prime Minister Hun Sen offered lavish praise for China’s financial largesse and congratulations for its newly appointed Communist Party heads. Speaking to thousands of villagers during a ceremony to inaugurate National Road 8 in Prey ...
Abused women’s support services to expand
Helping women find better employment opportunities is key to ensuring they feel able to report rape and sexual abuse, government and civil society representatives said yesterday. Although Cambodian courts are prosecuting an increasing number of cases involving violence against women, economic concerns stop many from reporting ...
http://www.phnompenhpost.com/2013052265772/National/abused-women-s-support-services-to-expand.html
Minimum call charges apply: TRC
Mobile phone call promotions undercutting the government’s minimum pricing regulations are to be outlawed – again. Minimum charges will be applied to mobile phone calls from on Thursday with the return of the Telecommunication Regulator of Cambodia’s (TRC) rules on call tariffs, the regulator confirmed yesterday. On ...
Daniel de Carteret
http://www.phnompenhpost.com/business/minimum-call-charges-apply-trc
Cambodia's second stock listing delayed
A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according ...
Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304626304579509390823129458
CPP-friendly businessman launches newspaper
T Mohan, a Malaysian publisher and businessman arrested in the 1990s for attempting to extort a casino executive, is back in Cambodia’s newspaper market. The Khmer Times, the latest English-language news offering from Mr. Mohan, hit newsstands earlier this month, with a government spokesman even resigning ...
Alex Willemyns
http://www.cambodiadaily.com/news/cpp-friendly-businessman-launches-newspaper-58610/
Funcinpec continues to receive Chinese Communist Party support
The Chinese Communist Party (CCP) is providing financial and material support to the beleaguered Funcinpec Party to cover its rent, electricity, transportation and general administration expenses, as well as offering political training to its younger members, senior leaders of the royalist party said Wednesday. Funcinpec was ...
Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/funcinpec-continues-to-receive-chinese-communist-party-support-54553/
Push to ban public smoking
The Ministry of Health and the World Health Organization (WHO) issued a joint memo yesterday advising recipients to take measures to ban smoking in public places. The “circular” is the first of its kind in Cambodia, and is to be distributed by all government ministries in ...
Sen David
http://www.phnompenhpost.com/national/push-ban-public-smoking
To honour Chut Wutty
Nearly two years have passed since Cambodia’s leading forestry activist, Chut Wutty, was gunned down in the Cardamom Mountains. After a long wait, more than 100 activists, supporters and monks will finally make the pilgrimage on Saturday to the spot where he was killed to pay ...
May Titthara
http://www.phnompenhpost.com/national/honour-chut-wutty
March to PM’s house halted
Representatives of more than 400 families who watched as their homes were burned during an eviction this month in Kratie’s Snuol district were blocked by authorities yesterday as they attempted to take their grievance to Prime Minister Hun Sen’s doorstep. Though tensions initially ran high, the ...
May Titthara
http://www.phnompenhpost.com/national/march-pm%E2%80%99s-house-halted
New community-based drug program to launch
Municipal officials on Tuesday announced a new initiative to help rehabilitate Phnom Penh’s drug addicts by offering discreet treatment services at local health centers. The initiative will encourage commune-level officials to visit known drug addicts in their community and tell them about the treatment options available at ...
Khy Sovuthy and George Wright
http://www.cambodiadaily.com/news/new-community-based-drug-program-to-launch-68130/
Meeting suggests dam project moving ahead
Despite reports that Prime Minister Hun Sen recently offered assurances that construction of the controversial Stung Cheay Areng hydropower dam would not be allowed to begin in the near future, local officials are allegedly pushing forward with plans to relocate villagers. Multiple provincial, district and village ...
Alice Cuddy and May Titthara
http://phnompenhpost.com/national/meeting-suggests-dam-project-moving-ahead
Gov’t issues own dispute data
After heaping criticism on rights group Licadho for allegedly exaggerating the seriousness of Cambodia’s land rights crisis last month, the government has released its own annual report on land disputes. In a letter the following day, the Ministry of Land Management, Urban Planning and Construction ...
May Titthara
http://www.phnompenhpost.com/govt-issues-own-dispute-data