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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

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/

Cambodia Finally Starts Stock Trading

Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...

http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/

Water Supply Shares Fall Below Launch Price

The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...

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

Minister’s appeal to listed companies

The opening of the Cambodia Securities Exchange (CSX) was marked by a speech from Minister of Finance Keat Chhon, who urged three state-owned companies to speed up their initial public offerings. No companies, state-owned or otherwise are currently trading on the new market. Telecom Cambodia, ...

http://www.phnompenhpost.com/index.php/Business/lets-get-the-ball-rolling.html

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/

European Lawmakers Press for Probe of Land Concessions

Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...

http://www.cambodiadaily.com

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

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/

Tong Yang to Underwrite Bonna Realty IPO

More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...

Phnom Penh Autonomous Port pushes for IPO

Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...

http://www.phnompenhpost.com/index.php/2012072557594/Business/phnom-penh-autonomous-port-pushes-for-ipo.html

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

CSX Slated to Start Trading by the End of 2011

While the Cambodia Securities Exchange (CSX) recently opened its doors for business, it’s not quite ready to actually do business. As it currently stands, there is no actual trade taking place, making it the smallest bourse in the world in terms of market capitalization. However, ...

http://www.etmcambodia.com/

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 ...

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