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PPWSA makes pitch to investors before IPO

Trading on the Cambodian Securities Exchange should begin at the end of March as the Kingdom’s first stock, Phnom Penh Water Supply Authority, prepares to consult and share information with potential investors this week. The company would host a “roadshow” for investors in anticipation of its ...

http://www.phnompenhpost.com/index.php/2012022854744/Business/ppwsa-makes-pitch-to-investors-before-ipo.html

Fishermen to be freed

Two days after extending indefinitely a ban on commercial fishing in Tonle Sap Lake, Prime Minister Hun Sen on Friday called for the release of all prisoners detained during the government crackdown, officials close to the premier said yesterday. Deputy Prime Minister Yim Chhayli told the ...

http://www.phnompenhpost.com/index.php/2012030654880/National-news/fishermen-to-be-freed.html

Last of Boeung Kak Land Titles Handed Out, but Dispute Lingers

When Chhin Theang picked up the long-awaited title to her Boeung Kak home during a low-key ceremony at the Daun Penh district office on Monday, the moment was bittersweet. “We always had hope because we protested. We had to get land titles,” Ms. Theang said ...

Financing Cambodia's Muslims

Islamic finance could help to boost trade between Cambodia and the Middle East, as well as attract investment from Muslim-majority countries, experts said on Saturday. Knowledge of Islamic finance and banking, which bars interest lending and discourages unfair trade advantages, is almost nonexistent among Cambodia’s Muslims, ...

http://www.phnompenhpost.com/index.php/2012031254976/Business/financing-cambodias-muslims.html

WWF calls for action to save Mekong dolphins

Conservation group WWF on Wednesday called for urgent action to prevent the extinction of freshwater dolphins in the Mekong River, including the creation of special conservation zones. Entanglement in fishing nets, low calf survival rates and a steady degradation of the creature’s habitat are threatening ...

http://www.google.com/hostednews/afp/article/ALeqM5j7f8VM2dIyhl3y5V7bH_NUm77cWg?docId=CNG.5a6cab0fcdd7e341e00101949a99c732.51

Boeng Kak families sue - and sued by - government officials

Two-and-a-half weeks after excavators belonging to a CPP senator’s real estate firm demolished the homes of eight families fighting eviction from Phnom Penh’s Boeng Kak lake community, those families and the government officials charged with evicting them have taken their battle to court. A pair of ...

Cambodia urges Singapore to invest Rice Mills and Agro-Industry

“Singapore will boost Singaporean companies to seek opportunities to invest in Cambodia, especially in the agro-industry,” H.E. Hor Namhong, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, announced on Wednesday morning after bilateral talks with his Singaporean counterpart Excellency Mr. K. Shanmugam, ...

http://thesoutheastasiaweekly.com/

Cargo growth for Phnom Penh Port reaches 30% in September of 2011

“Cargo transferred to and from the Phnom Penh Autonomous Port (PPAP) is at 121,654.116 tones in September of 2011, increasing 30 percent if comparing to September 2010 with 92,648.796 tones,” according to the report from the PPAP obtained by SEAW on October 3rd. This September report ...

http://thesoutheastasiaweekly.com/

Another power deal for senator

The opposition has raised conflict-of-interest concerns over another agreement headed to the National Assembly today guaranteeing the government will buy electricity from a power plant to be constructed by a company owned by ruling party Senator Lao Meng Khin. However, it was unclear yesterday whether the ...

http://www.phnompenhpost.com/index.php/2011101452135/National-news/another-power-deal-for-senator.html

After Thai floods, flow of migrant labor soars

Thailand’s ongoing recovery efforts from recent flooding have led to a resurgence in the country’s demand for labor, resulting in a record number of Cambodian migrants crossing the border in search of work, officials and experts said yesterday. Ouk Keorattanak, Banteay Manteay provincial deputy administration chief, ...

Hun Sen Ends Tonle Sap Fishing Lot System

Prime Minister Hun Sen said yesterday that he would permanentlycance all 35 fishing lots on the Tonle Sap lake – which had already been suspended in recent months – and turn them into a conservation zone to protect the lake’s pressurized wild fisheries, on which ...

World Bank Still Searching for Country Manager

The World Bank said yesterday that it is continuing to search for a new country manager following the departure of Quimiao Fann last month for a new role in the former Soviet Union. A Chinese national and economist by training, Mr. Fan has been ...

Kampot dredging escalates

Dredging in Kampot has escalated in the face of community concerns, with more boats now mining sand right in front of the provincial capital and dumping vast amounts of it directly outside the provincial land management authority. The Post counted a total of 17 boats ...

http://www.phnompenhpost.com/index.php/2012030554851/National-news/kampot-dredging-only-grows.html

Government Probes 2,000 Hectare Land Grab

Government officials in Kompong Thom province said yesterday that they are investigating the ownership of more than 2,000 hectares of land currently being held by an unknown number of individuals who are suspected of illegal land grabbing. An Agriculture Ministry official pointed the finger of ...

Building’s owner unknown

Amid safety fears in the construction industry, authorities yesterday refused to reveal the owner of a brand-new industrial building that crashed to the ground in Phnom Penh on Sunday, just days before hundreds were to have set foot in it. Sen Sok district governor Khoun Sreng ...

http://www.phnompenhpost.com/index.php/2012030754899/National-news/buildings-owner-unknown.html

Railway project suffers a blow

The contractor in charge of rebuilding Cambodia’s national railway has been cutting corners on the health and safety of its workers, according to a report published yesterday by the Asian Development Bank. TSO-AS & Nawarath, a French-Thai joint venture, was reportedly found to have grossly violated ...

http://www.phnompenhpost.com/index.php/2012032355214/Business/railway-project-suffers-a-blow.html

Malaria money sits idle

Millions of dollars of aid money granted to Cambodia by the Global Fund to combat malaria have been left sitting in a bank account for more than a year, official documents seen by the Post show.The money remains untouched because the National Malaria Centre (CNM) ...

Jamie Elliott
http://www.phnompenhpost.com/national/malaria-money-sits-idle-0

US denies conspiracy to topple Cambodian government

The US Embassy yesterday hit back at unsubstantiated claims of a United States-backed conspiracy to topple the government disseminated by pro-government media outlet Fresh News, even as local news reported that the Interior Ministry would investigate the purported plot.​   ...

Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/us-denies-conspiracy-topple-cambodian-government

Subsidies spark cheaper energy

Cambodia plans to spend more than $100 million on subsidies by 2021 to reduce electricity tariffs in a move to spur economic growth and relieve the financial burden on businesses and households, a senior government official said. Electricite du Cambodge (EdC) director-general Keo Ratanak told reporters ...

Thou Vireak
https://www.phnompenhpost.com/business/subsidies-spark-cheaper-energy

Amendments to Law on Trade Unions passes NA unchanged

The National Assembly on Tuesday unanimously approved the draft law on amendments to 10 articles of the Law on Trade Unions without making any changes – a move that some unions said failed to address workers’ concerns. Reading a prepared statement during the plenary session ...

Mech Dara
https://www.phnompenhpost.com/national/amendments-law-trade-unions-passes-na-unchanged

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