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PPWSA profit for Q1 down 60 pct over previous year

Phnom Penh Water Supply Authority (PPWSA) – the first listed company on the Cambodian stock exchange – has recorded a profit of $1.33 million for the first quarter, a decrease of 60 per cent from the same period last year, according to audited financial statements ...

Hor Kimsay
http://www.phnompenhpost.com/business/ppwsa-profit-q1-down-60-pct-over-previous-year

Gov’t passes buck on faintings

Mass faintings in Cambodia’s garment factories do not occur as a result of long hours and arduous working conditions, but from workers’ failure to care for their own health, according to the National Social Security Fund (NSSF) director. during an annual meeting, which mainly focused on ...

Mom Kunthear
http://www.phnompenhpost.com/national/gov%E2%80%99t-passes-buck-faintings

Construction raking in cash

Foreign and domestic investment in construction projects skyrocketed in the first four months of the year, government data suggests. Ministry of Land Management and Urban Planning data revealed last week shows total investment in new construction projects reached more than $1.4 billion at the end of ...

May Kunmakara and Sum Manet
http://www.phnompenhpost.com/business/construction-raking-cash

First half sees values spike for prime residential areas

Property prices in Phnom Penh’s prime residential locations increased by 13.7 per cent in the first half of 2014, while prime office development land prices increased by 7.6 per cent, according to Knight Frank Prime Asia Development Land Indices. Ross Wheble, the independent global property consultancy’s ...

Sum Manet
http://phnompenhpost.com/real-estate/first-half-sees-values-spike-prime-residential-areas

Mekong countries, Japan eye new development strategy beyond 2015

The leaders of Japan and five Southeast Asian countries along the Mekong River plan to craft a new strategy in July for Tokyo to contribute to sustainable development of the Mekong region beyond 2015, a senior Japanese official said Thursday. “Taking this opportunity from this ...

Bangkok Post News Staff
http://www2.bangkokpost.com/news/general/478989/mekong-countries-japan-eye-new-development-strategy-beyond-2015

Cambodian poll reform movement head demands transparency

The head of a key election reform group in Cambodia said Tuesday that he would consider applying for a position on the country’s new election body if membership selection is open to the public and transparent. Koul Panha, director of the Committee on Free and Fair ...

Roseanne Gerin
http://www.rfa.org/english/news/cambodia/koul-panha-11042014181035.html

Indian delegation to visit Vietnam, Cambodia to discuss issues pertaining to pharma trade

A high level Indian delegation from the department of commerce and trade, government of India, is expected to visit Vietnam and Cambodia this month to discuss various issues pertaining to pharma trade and improve business ties with the two South East Asian countries. Rajeev Kher, secretary, ...

A Raju Hyderabad
http://www.pharmabiz.com/NewsDetails.aspx?aid=86004&sid=1

Prince calls for 3-party coalition

Funcinpec party president Prince Norodom Ranariddh has called on the opposition and ruling parties to form a tripartite coalition with the royalists after Cambodia National Rescue Party president Sam Rainsy and Prime Minister Hun Sen embarked on a “honeymoon” after years spent at each others’ ...

Meas Sokchea
http://www.phnompenhpost.com/national/prince-calls-3-party-coalition

PP land prices on the rise

As Cambodia moves forward with its economy and prepares for the ASEAN integreation, land prices in Phnom Penh are rising. Phnom Penh land prices increased between 10 to 30 per cent depending on whether the area was an economically active location, a residential area or an ...

Siv Meng
http://www.phnompenhpost.com/real-estate/pp-land-prices-rise

Japanese SMEs interested in investing in Cambodia’s two key areas

Japanese small and medium enterprises (SMEs) are interested in invested in two main sectors in Cambodia, visiting Fumiaki Takahashi, President of the Japan-Cambodia Association (JCA) told the Cambodia Prime Minister in a courtesy meeting here at the Peace Palace yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501359272/japanese-smes-interested-in-investing-in-cambodias-two-key-areas/

Ministry prepares guidelines to define sexual harassment

Police and public in the Kingdom are on the same side when it comes to determining what is sexual harassment and what is not. The main reason:  guidelines to identify sexual harassment are yet to be framed by the lawmakers. ...

Yim Sreylin
https://www.khmertimeskh.com/501184820/ministry-prepares-guidelines-to-define-sexual-harassment/

Cambodia’s economy expected to grow 6.4 pct in 2024

The Cambodian economy is projected to grow by 6.4 percent in 2024, up from 5.5 percent in 2023, mainly driven by tourism and manufacturing sector, National Bank of Cambodia (NBC)’s Governor Chea Serey said on Friday. ...

Xinhua
https://www.khmertimeskh.com/501430154/cambodias-economy-expected-to-grow-6-4-pct-in-2024/

Subedi Protest Linked to CPP-Aligned Youth Group

Despite the apparent spontaneity of a protest against U.N. human rights envoy Surya Subedi at a university in Phnom Penh on Tuesday night, it emerged Wednesday that one of the apparent leaders of the demonstration is associated with a youth organization aligned with the ruling ...

http://www.cambodiadaily.com/news/subedi-protest-linked-to-cpp-aligned-youth-group-26156/

Twenty-Two Years On, Paris Peace Agreement Far From Realized

More than two decades after the Paris Peace Agreement, which was meant to open the way for peace and multiparty democracy in Cambodia, legal experts and hu­man rights advocates said Tuesday the government has largely abandoned the vision of the accord. Speaking at a conference on ...

Hul Reaksmey
http://www.cambodiadaily.com/news/twenty-two-years-on-paris-peace-agreement-far-from-realized-45702/

Cambodia Home to Frenchman in Bo Xilai Drama

PHNOM PENH, Cambodia — Throughout the drama this spring revolving around the dismissal of the ambitious Chinese official Bo Xilai and the investigation of his wife as a murder suspect, the most mysterious figure has been a French architect named Patrick Henri Devillers. When Mr. Bo ...

http://www.nytimes.com/2012/05/17/world/asia/figure-in-chinas-political-drama-found-in-cambodia.html?_r=1

Tax-Free Trade Access Will Stay, Says EU

The European Union has said that it has no plans to suspend Cambodia’s duty-free trade access even though there have been concerns over land evictions as a result of economic land concessions. The EU is seeking that human rights are not the cost of trade ...

Cambodian 'Avatars' Rally to Save Forest

More than one hundred villagers dressed as the forest people from the hit film “Avatar” protested in the Cambodian capital Thursday against the destruction of the country’s Prey Lang forestThey say the forest, which is a source of livelihood for some 200,000 mainly indigenous people, ...

http://www.google.com/hostednews/afp/article/ALeqM5jw3Dxq6_ZC6zt7Kl0VnOPSULvplg?docId=CNG.b990893f53ecd8dbb389b03f5e073bc2.7b1

Banking sector shows growth in 3rd quarter

Taking advantage of strong economic growth this year, two of the country’s largest banks have posted strong third-quarter earnings. Acleda Bank yesterday reported a net profit of $32.68 million in the first three quarters of the year, almost double the amount over the same period last ...

Economic Census Sheds Light on Businesses

The Ministry of Planning yesterday released the preliminary results of the 2011 economic census, which found that Cambodia has a total of 503,008 businesses nationwide, of which nearly 20 percent are based in Phnom Penh. The census, which began on March 1 and was financed ...

ACLEDA, Tong Yang sign MoU

Tong Yang Securities (Cambodia) and ACLEDA Securities yesterday signed a memorandum of understanding to partner the services they offer to the Kingdom’s budding financial markets. To expand their footprint in the market,  the companies aimed to provide a combination of advisory and underwriting services for companies ...

http://www.phnompenhpost.com/index.php/2011102752376/Business/acleda-tong-yang-sign-mou.html

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