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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

Airport fight comes to city

About 80 villagers locked in a land dispute in Preah Vihear province found their planned march to the National Assembly blocked by security forces in the capital’s Meanchey district yesterday. Village representative Meng Chanthorn said that the quashed march, which was ultimately abandoned without the use ...

Pech Sotheary
http://phnompenhpost.com/national/airport-fight-comes-city

Billions of dollars set to boost visitor attractions in Kingdom

The government has announced that it is preparing to develop a special tourism area in the coastal province of Sihanoukville. In a move to diversify its tourism offerings, citing a need to boost tourism flow into the area. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50693276/billions-of-dollars-set-to-boost-visitor-attractions-in-kingdom

PPWSA settles on IPO price

A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...

http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html

Port operator’s IPO share price set near high tide mark

Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. ...

Cam McGrath
http://www.phnompenhpost.com/business/port-operators-ipo-share-price-set-near-high-tide-mark

PESTECH approved for Cambodia stock market

PESTECH (Cambodia) Plc, a subsidiary of Malaysia-based PESTECH International Bhd, has been granted an approval to proceed with its Initial Public Offering (IPO) on the Cambodia Securities Exchange (CSX), the company announced. ...

Sorn Sarath
https://www.khmertimeskh.com/50747627/pestech-approved-for-cambodia-stock-market/

Rules-based int'l co-op a key in times of peril: PM

Prime Minister Hun Sen said there are pressing reasons to strengthen multilateralism and rules-based international cooperation as interference by foreign powers and use of military force only bring on even worse tragedies rather than offering any solutions. ...

Ry Sochan
https://www.phnompenhpost.com/national/rules-based-intl-co-op-key-times-peril-pm

S’pore asks Cambodia to ink treaty

Singapore has asked Cambodia to consider signing the Singapore Convention on Mediation (also known as Convention), a multilateral treaty which offers a uniform and efficient framework for the enforcement and invocation of international settlement agreements resulting from mediation. ...

Tin Sokhavuth
https://www.khmertimeskh.com/50977508/spore-asks-cambodia-to-ink-treaty/

Settle vehicle import taxes owed by Dec 31: customs

The General Department of Customs and Excise of Cambodia (GDCE) on December 1 reiterated a call on owners of left-hand drive vehicles who have yet to pay any applicable import taxes or related fees due to do so before December 31, in orDer to benefit ...

Nov Sivutha
https://www.phnompenhpost.com/business/settle-vehicle-import-taxes-owed-dec-31-customs

650 civil servants get digital tech training

The Ministry of Post and Telecommunications’ Cambodia Academy of Digital Technology has announced that it provided digital skills training for 650 civil servants between November and March, offering certificates upon completion that it says will prove their digital competency. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/650-civil-servants-get-digital-tech-training

Indian export limits open doors for Kingdom’s farmers

The Cambodia Rice Federation (CRF) has noted that restrictions on exports of various types of rice, including broken and white rice, as well as wheat and sugar from India, a leading global rice exporter, offer a potential opportunity for Cambodia. ...

Van Socheata
https://www.phnompenhpost.com/business/indian-export-limits-open-doors-kingdoms-farmers

Phnom Penh launches pilot for services online

The Phnom Penh Municipal Administration has launched a pilot project offering online administrative services in four significant sectors. The initiative was announced on September 6 and will be conducted through the One Window Service Office (OWSO). ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/phnom-penh-launches-pilot-services-online

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