Cambodia’s debt at $5.8 bil
The government signed concessional loan agreements with development partners – both bilateral and multilateral – amounting to about $8.3 billion from 1993 to the end of 2016, official figures show. ...
Sok Chan
http://www.khmertimeskh.com/news/37591/cambodia---s-debt-at--5-8-bil/
Outbreak hits 24 at Kampong Speu prison
Twenty-four inmates in Kampong Speu’s provincial prison – where five prisoners escaped earlier this week – are reportedly experiencing a combination of respiratory difficulties, coughing, skin rashes and swollen legs. ...
Khouth Sophak Chakrya and Martin de Bourmont
http://www.phnompenhpost.com/national/outbreak-hits-24-kampong-speu-prison
Dry port, warehouse unveiled at Kandal SEZ
A $20 million dry port and bonded warehouse within the Sovannaphum special economic zone (SEZ) in Kandal province is slated to open by October of this year ahead of the full completion of the 214-hectare zone by 2020, a senior management official said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/dry-port-warehouse-unveiled-kandal-sez
Miners back at scene of fatal collapse
People appear to have resumed illegal mining activities at a gold mining site in Kratie province, which was shut down by authorities in August after four miners were killed, officials said yesterday. ...
Phak Seangly
http://www.phnompenhpost.com/national/miners-back-scene-fatal-collapse
New hall inaugurated at airport in capital
Cambodia Airports, a company majority-owned by France’s Vinci Group, officially inaugurated its $26 million new arrivals hall and the extension of its boarding concourse yesterday at the Phnom Penh International Airport. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/new-hall-inaugurated-airport-capital
Cambodia PM berates media at correspondents' dinner
Cambodia’s long-serving Prime Minister Hun Sen berated journalists on Sunday at a dinner his government hosted for correspondents and accused some of spreading fabricated stories. ...
Prak Chan Thul
https://www.reuters.com/article/us-cambodia-media/cambodia-pm-berates-media-at-correspondents-dinner-idUSKBN1FA0ZB
Program aimed at speeding up export launched
The Commerce Ministry officially launched a program yesterday giving the authority to issue certificate of origin licences to four provinces along the Thai border, potentially expediting the export process for agricultural businesses in the region. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/program-aimed-speeding-export-launched
CAMBODIA: Strike continues at Gap supplier factory
A strike at the Ocean Garment factory in Phnom Penh, which supplies US retailer Gap, has entered its third week, despite a court ordering the 2,500 protestors to return to work. The unrest began on 11 August after six female employees accused their Bangladeshi manager of ...
http://www.just-style.com/news/strike-continues-at-gap-supplier-factory_id115380.aspx
P Vihear Villagers Protest at National Assembly
More than 350 villagers from Preah Vihear province protested in front of the National Assembly on Friday, asking for support from lawmakers in their dispute with military veterans. The villagers, representing some 370 families in Kulen district’s Srayong commune, said that the land on which they ...
Cambodia Takes Aim at the Dominant Dollar
PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...
http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html
Workers Strike at Factory Supplying US Brands
Roughly 4,000 garment workers at a factory supplying clothes for U.S. brands Gap, Levi Strauss and Old Navy went on strike yesterday and threatened to march in Phnom Penh on Thursday to demonstrate against poor pay. The demonstration took place at Tai Yang Enterprises in Kandal ...
The Week at the CSX - Calm Waters
The price of Phnom Penh Water Supply Authority (PPWSA) stock increased slightly to KHR 6,400 (US$1.57) on July 2 and remained at that level until July 5, while general trading volumes stayed between 10,000 to 12,000 shares except on July 2, when the volume dipped to just 2,200. The price increased ...
Workers protest job cuts at garment factory
More than 100 workers from the Horus Industry garment factory in Phnom Penh Meanchey district protested outside the Ministry of Social Affairs on Friday, demanding that the government order their employer to provide answers as to why hundreds have lost jobs at the factory. Workers say that of ...
Unionists at casino betting on a strike
Almost 500 Tropicana Casino staff from gambling hub Poipet have threatened to strike on Saturday if the casino’s Thai owner does not reinstate their union leader, Sath Ser, sacked by the company for supporting another terminated employee, workers said yesterday. A staff member who did not ...
King Father Norodom Sihanouk Dies at 89
Retired King Norodom Sihanouk, whose name for half a century was synonymous with Cambodia on the world stage, died in the early hours of Monday morning in Beijing. The former monarch, who was about to celebrate his 90th birthday on October 31, died peacefully in a ...
http://www.cambodiadaily.com/sihanouk/king-father-norodom-sihanouk-dies-at-89-3865/
Families Claim Officials Extort Fees at Checkpoints
More than 30 families living in Pursat province’s Dangkeab village have filed complaints with their village chief against environmental officials, whom they claim extorted money from them to pass illegal checkpoints as they transported firewood from a nearby forest to the village, authorities said yesterday. “Since ...
Downward Drift - The Week at the CSX
This week the price of Phnom Penh Water Supply Authority Stock dropped continually from KHR 7,000 (US$1.72) on June 7 until it stopped and stayed at KHR 6,8oo (US$1.67) from June 11 to June 13. On June 13, the stock’s price at the market’s opening and ...
Shots fired at me, says Tep Kolap
In a bizarre series of events, only days after being vindicated by the Supreme Court, Phnom Penh International University rector Tep Kolap claimed to have been chased across Phnom Penh yesterday evening by men who shot at her car as she sought refuge in Prime ...
Strikes at two factories stretch into weekend
More than 600 workers from Kandal province’s Tae Young Co factory yesterday continued to strike, insisting on the return of 16 dismissed workers. Yesterday’s strikes came a day after the Kandal Provincial Court delayed questioning eight of the fired workers over charges that they incited an illegal ...
No talks at shoe factory worker strike
A union representative in the Kandal province of Cambodia, said there had been no negotiations with management since workers struck Nov. 15 for better pay. The Phnom Penh Post reported Tuesday that the union estimates 1,000 workers are on strike, but management at the Global ...