Real estate firm ready for CSX listing
Bonna Realty Group will prepare to list on the Cambodia Securities Exchange, the company’s president said this week. The real estate firm joins a small but growing group of private companies that say they are gearing up for initial public offerings on the new exchange. ...
http://www.phnompenhpost.com/index.php/2012070657246/Business/real-estate-ready-for-csx.html
Human traffickers use social media to lure job seekers to Cambodia
Human traffickers in Việt Nam are finding ever more inventive ways to lure potential victims overseas for exploitation. Through social media networks like Facebook or Zalo, they are offering well-paid jobs at casinos or online games in Cambodia, before springing their trap. ...
Khmer Times Staff
https://www.khmertimeskh.com/501004569/human-traffickers-use-social-media-to-lure-job-seekers-to-cambodia/
Sihanoukville property owners in limbo as unfinished high-rises litter the city
In 2018, Kheav Sothanny leased his 600 square meters of land in central Sihanoukville to a Chinese investor to build a 14-storey condo. The contract offered him a rental fee of $20,000 a month. ...
Sorn Sarath
https://cambojanews.com/sihanoukville-property-owners-in-limbo-as-unfinished-high-rises-litter-the-city/
Bank Says No Railway Evictee To Be Left Behind
The Asian Development Bank announced yesterday that the organizations behind the rehabilitation of Cambodia’s railways, including the government and the Australian development agency, have jointly pledged to address the complaints of people facing eviction from dwellings across the rail lines. The Australian government provided ...
Machinery Manufacturers Tap Garment Sector
More than 150 companies from China, Taiwan, Singapore, Vietnam, Malaysia, as well as Germany and England on Thursday set up shop at the exhibition center on Phnom Penh’s Koh Pich island, displaying everything from $900 labeling machines to sewing machines worth $56,000 that automatically attach ...
Spate of abuses continues
Nearly two dozen fishermen were repatriated to the Kingdom yesterday after being trafficked aboard Thai fishing boats where they endured forced labour and rampant abuse. The 11 men bring to 30 the number of fishermen repatriated from Malaysia and Indonesia this year. They were visibly shaken ...
http://www.phnompenhpost.com/index.php/2012030954949/National-news/spate-of-abuses-continues.html
Maids' mother told to drop complaint: NGO
The recruitment firm HRD Company had allegedly threatened the mother of two sisters working as maids in Malaysia, pressuring her to withdraw her NGO complaint seeking help in repatriating her daughters or risk having all communication with them cut, a rights group said yesterday. Pov Chhan, ...
Foreign investment in Cambodia’s property rises
Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom. Sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from ...
Malaysian couple charged with Cambodian maid murder
A Malaysian couple were charged Friday with the murder of their Cambodian maid, who police suspect may have died of prolonged starvation. The alleged abuse case of Mey Sichan, who would have turned 24 in September, is one of many that have caused both Cambodia and ...
Trafficker gets 10 years
The manager of Giant Ocean International, a now-defunct recruitment firm notorious for abuse scandals, was sentenced yesterday to 10 years in jail for trafficking hundreds of Cambodian fishermen to work in slave-like conditions overseas. Taiwanese national Lin Yu-shin, who ran the firm, was arrested in May ...
Buth Reaksmey Kongkea and Laignee Barron
http://www.phnompenhpost.com/national/trafficker-gets-10-years
Delay on maid deal: ministry
The Ministry of Labour plans to delay signing off on a controversial agreement to reopen a pipeline of Cambodian maids to Malaysia until a deal is reached on a second agreement regarding other migrant workers, a ministry official said yesterday. Labour Ministry spokesman Heng Sour told ...
Alice Cuddy
http://www.phnompenhpost.com/national/delay-maid-deal-ministry
Religious gatherings banned after COVID-19 infection surges
Prime Minister Hun Sen today announced a ban on all religious gatherings as COVID-19 infection surges in the Kingdom. The ban came after 11 Cambodian who had recently returned from a religious congregation in Malaysia tested positive for COVID-19. ...
Taing Vida
https://www.khmertimeskh.com/50702722/pm-bans-all-religious-gatherings-in-wake-of-covid-19-pandemic/
Shipping link with three nations all set
CMA CGM Group, the third largest container shipping company worldwide and number one in France, is slated to launch the Yangon Cambodia Express (YCX), creating a direct link between Myanmar, Cambodia, Singapore and Malaysia, and industry insiders are hailing the service as a promising new ...
May Kunmakara
https://www.phnompenhpost.com/business/shipping-link-three-nations-all-set
Cambodia Security Exchange Launches
The Cambodia Security Exchange (CSX) has launched though trading has yet to begin. Government officials and investors are upbeat about the launch saying that it will spur economic growth. The chance for investment in Cambodia is said to have grown significantly since the advent of ...
http://www.phnompenhpost.com/index.php/2011071150302/Business/stock-exchange-launches.html
Sihanoukville Port uncompetitive ahead of listing
Just months before Sihanoukville Autonomous Port is supposed to list on the Cambodia Securities Exchange, officials said yesterday that the state-owned enterprise is still more expensive and slower at processing goods than other ports in the region. An investor said that the problems confronting the port ...
Share Price Set for Stock at City Water Authority
Shares of the state-owned Phnom Penh Water Supply Authority (PPWSA) will trade at 6,300 riel, or $1.57, when the firm launches its initial public offering (IPO) on the Cambodian bourse on April 18, PPWSA announced yesterday. The price puts the company at the top of the ...
Forty Koh Kong families not happy with deal
Forty of the 375 families involved in a recently settled land dispute in Koh Kong province claimed on Tuesday that they have not yet received their promised cash compensation. Hence, the families requested the authorities to change the site of the land offered as they ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/forty-koh-kong-families-not-happy-deal
Elephant herds spotted in Wildlife Sanctuary
Researchers have released new photos offering a rare glimpse of endangered elephant herds seen traveling with calves through the Tonle Srepok Wildlife Sanctuary in Mondulkiri province earlier this month. The photos are part of a conservation supervisory project undertaken by Winrock International and the World Wildlife ...
Safiya Charles
http://www.khmertimeskh.com/news/26631/elephant-herds-spotted--in-wildlife-sanctuary
Major facelift for notorious Prey Speu
Officials in the Ministry of Social Affairs are planning to make a set of major changes to the infamous Prey Speu detention center, aimed at improving its healthcare services, educational options, and the quality of the housing it offers. But some critics say the changes ...
Jonathan Cox
http://www.khmertimeskh.com/news/18784/major-facelift-for-notorious-prey-speu/
Sugar plantation caught again with illegal wood
Authorities in Kompong Speu province on Wednesday seized more than 1,000 logs on the property of a Chinese-owned sugarcane plantation, marking the third time the firm has been found with illicit timber in the past year. Local officials offered no explanation for why the plantation’s on-site ...
Aun Pheap
https://www.cambodiadaily.com/news/sugar-plantation-caught-illegal-wood-118908/