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Anti-tank mine explodes, killing 6 in Cambodia

Six farmers were killed on the spot and another one seriously injured after a home-made tractor ran onto an old anti-tank mine in northwestern Preah Vihear province, police chief confirmed Thursday. The accident occurred in a forest in Chom-ksan district when the tractor hit the mine ...

http://news.xinhuanet.com/english/world/2013-08/15/c_132632791.htm

De Castle Royal construction moves ahead at a princely pace

Even as political instability led to a drop in Phnom Penh’s housing market over the last few months, construction and sales of De Castle Royal steamed ahead in the third quarter. Now fully over the fallout from the 2008 global financial crisis, a recent $28 million ...

Hin Pisei
http://www.phnompenhpost.com/real-estate/de-castle-royal-construction-moves-ahead-princely-pace

PHNOM PENH CONDOMINIUM MARKET IS BOOSTED BY HIGH SALES RATES, PROMPTING FURTHER CONSTRUCTION

The condominium market in Phnom Penh is still very much within its early stage of development and thus is unlikely to flourish until there is a cultural shift towards owner occupants relocating to condominium developments within the city. This however will be heavily dependent on the ...

Cambodian Business Review Staff, P.18
http://www.cambisreview.com

Training centre to help locals climb ladder at garment firms

The Garment Manufacturer Association of Cambodia (GMAC) will launch its new vocational training centre next month, providing courses aimed at upgrading the skills of Cambodian workers in a bid to replace the middle-management positions currently occupied predominantly by foreigners. ...

Hor Kimsay
http://www.phnompenhpost.com/business/training-centre-help-locals-climb-ladder-garment-firms

Teen loses both legs in Pailin blast

A landmine blast tore both legs from a 19-year-old man as he searched a wooded area in Pailin province’s Sala Krao district for bamboo shoots. despite losing his legs, Thean Chin survived the explosion, and is receiving treatment at the Battambang Provincial Hospital, Sala Krao deputy ...

http://www.phnompenhpost.com/national/teen-loses-both-legs-pailin-blast

Stunting in children down 7 percent since 2010, survey finds

The number of children in the country who are stunted—leaving them physically smaller and mentally weaker than their properly nourished peers—dropped by 7 percent between 2010 and 2014, according to a nationwide survey released Tuesday. ...

Maria Paula Brito
https://www.cambodiadaily.com/news/stunting-in-children-down-7-percent-since-2010-survey-finds-79053/

Acleda takes out $10 Million

Acleda Bank has signed a $US10 million loan agreement   with Proparco, a development finance institution held in part by the Agence Francaise de Développement (AFD), according to a statement released on Wednesday. With the Kingdom’s financial sector expanding rapidly and a growing demand for banking and ...

http://www.phnompenhpost.com/index.php/2012090758553/Business/acleda-takes-out-10m-loan.html

New deadlock but old tactics, analysts say

Ahead of today’s hearing on Cambodia’s record at the UN Human Rights Council in Geneva, opposition figures and analysts said the ruling Cambodian People’s Party has reverted to familiar tactics of post-election suppression. Analysts yesterday said that the breaking up of Cambodia National Rescue Party-led protests ...

Vong Sokheng
http://www.phnompenhpost.com/national/new-deadlock-old-tactics-analysts-say

PPSEZ IPO fully subscribed

After an unexpected surge in Thai investor interest, Phnom Penh SEZ Plc has secured sufficient commitments to fully cover the strategic and bookbuild share allocations of its initial public offering (IPO), and has determined an issue price for shares to be listed on the Cambodian ...

Cam McGrath
http://www.phnompenhpost.com/business/ppsez-ipo-fully-subscribed

Riversgold to use IPO proceeds in its search for Mondulkiri gold

Riversgold, an Australian gold exploration startup, will use the proceeds of its upcoming initial public offering (IPO) to acquire and develop mineral exploration projects in Australia, the US and Cambodia, according to a company prospectus. ...

Cam McGrath
http://www.phnompenhpost.com/business/riversgold-use-ipo-proceeds-its-search-mondulkiri-gold

EU Parliamentarian Probes Sugar Plantations in Cambodia

A member of the European Parliament is in Cambodia investigating agri-business firms accused of evicting hundreds of families while benefiting from a free-trade scheme with Europe worth millions of dollars, according to the NGO Equitable Cambodia. The visit from France’s Patrice Tirolien follows a resolution the ...

Zsombor Peter
http://www.cambodiadaily.com/news/eu-parliamentarian-probes-sugar-plantations-in-cambodia-51166/

Cambodian government focuses on fire safety

The Cambodian government is beginning to focus on fire security and intervention systems in skyscrapers, which are on the increase in Phnom Penh. Lieutenant Colonel Neth Vutha, chief of the Fire Station of the Phnom Penh Police Department, said the General Commissariat of the National Police ...

http://www.phnompenhpost.com/2013012460945/Real-Estate/cambodian-government-focuses-on-fire-safety.html

Sugar on EU visit’s agenda

European Union Trade Commissioner Karel de Gucht will visit Cambodia this week, the European Commission announced, with rights groups hoping that land grabbing related to sugar plantations will be high on the agenda. Following bilateral meetings in Brussels last week between Cambodia and the EU during ...

Kevin Ponniah and Vong Sokheng
http://www.phnompenhpost.com/national/sugar-eu-visit%E2%80%99s-agenda

Sihanoukville gets ready for listing

The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before it is listed on the Cambodia Securities Exchange late next month. ...

Chea Vannak
http://www.khmertimeskh.com/news/37759/sihanoukville-gets-ready-for-listing/

DBD becomes Growth Board’s first listing

DBD Engineering Plc, a local multi-purpose engineering and construction firm, went public via initial public offering (IPO) on the Cambodia Securities Exchange’s (CSX) Growth Board on September 6. ...

Thou Vireak
https://www.phnompenhpost.com/business/dbd-becomes-growth-boards-first-listing

Loan agreement inked for Cambodia’s first garment training school

The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...

http://www.phnompenhpost.com/index.php/2012120460070/Business/loan-agreement-inked-for-cambodias-first-garment-training-school.html

Petition for Investigation Into Sugar Trade Gains Support

More than 55,000 people have joined an online petition set up by a pair of French nongovernment groups urging the European Union (E.U.) to immediately launch an investigation into local sugar plantations accused of illegally evicting hundreds of Cambodian families. At the center of the dispute ...

Zsombor Peter and Kuch Naren
http://www.cambodiadaily.com/news/petition-for-investigation-into-sugar-trade-gains-support-45704/

Cambodia targets de-dollarisation, crisis prevention

Cambodia’s financial strategy for the next decade includes de-dollarisation, improved regulations and better crisis prevention and management. The Financial Sector development Strategy (FSDS) was released by the Ministry of Economy and Finance in partnership with the National Bank of Cambodia (NBC) and financed by the ...

http://www.phnompenhpost.com/index.php/2011072050512/Business/cambodia-targets-de-dollarisation-crisis-prevention.html

EU Eyes Asean as Solution for Troubles at Home

As Europe continues to navigate its way through a two-year debt crisis, EU Trade Commissioner Karel de Gucht yesterday sought to put Europe at the center of Southeast Asia’s future at the EU-Asean Business Summit in Phnom Penh, and urged EU investors to take advantage ...

Phnom Penh's Historic Quarter to go to Pedestrian

A new tourist promenade is to open in the heart of Phnom Penh’s old French quarter. Scheduled for a February opening, the tourist walk zone will provide an outdoor leisure area on street 13 that will be closed to cars and motorbikes on weekends from ...

http://www.phnompenhpost.com/2013011460756/Lifestyle/phnom-penh-s-historic-quarter-to-go-pedestrian.html

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