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Way of life vanishing: villagers

Since 2011, an estimated 3,000 resin trees have been illegally razed by rogue loggers and a land concessionaire operating in Mondulkiri’s Sen Monorom district, villagers claimed yesterday. Resin trees are a vital source of income for the Phnong ethnic community in Sokdom commune, according to Thleuk ...

Phak Seangly
http://www.phnompenhpost.com/national/way-life-vanishing-villagers

Pchum Ben Prayers for Peace, Prosperity and Reconciliation

Some prayed for their businesses to prosper and for the CPP and CNRP to reconcile, others for peace and development. These and other wishes were made at pagodas across Phnom Penh and the rest of the country on Thursday, as the Pchum Ben festival got ...

Mech Dara
http://www.cambodiadaily.com/news/pchum-ben-prayers-for-peace-prosperity-and-reconciliation-44421/

Government Urged to Ease Pressure on Unions

Visiting representatives from the International Trade Union Confederation (ITUC) on Monday urged the Labor Ministry to withdraw its threat to revoke the licenses of six unions behind recent strikes, and to drop legal proceedings against union leader Rong Chhun. His visit follows garment worker protests ...

Mech Dara and Zsombor Peter
http://www.cambodiadaily.com/news/government-urged-to-ease-pressure-on-unions-50492/

Cambodia's micro-lenders see 44 pct lending growth last year

Cambodia’s 38 microfinance institutions reported a 44 percent increase in loan disbursements in 2013, according to a report of the National Bank of Cambodia (NBC), the regulator of banking and finance institutions in the country. The microfinance institutions had lent a total 1.17 billion U.S. dollars ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=199165

Villagers in limbo as dam starts

Construction at the controversial Lower Sesan II dam site in Stung Treng province has already begun, according to villagers, who will today petition several ministries, the Chinese embassy and the headquarters of the Royal Group to open negotiations with them. According to the villagers, who travelled ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/villagers-limbo-dam-starts

Hun Sen unveils new roadmap for foreign trade policy

Prime Minister Hun Sen presided over a ceremony at his Peace Palace in Phnom Penh on Tuesday to unveil a new report that assesses the government’s foreign trade policies over the past seven years and lays out a policy roadmap for the next five. The report, ...

Khy Sovuthy and Alex Willemyns
http://www.cambodiadaily.com/news/hun-sen-unveils-new-roadmap-for-foreign-trade-policy-52600/

In condom market, a growing private sector

When Phnom Penh was flooded with free condoms during the Water Festival last week—a public health push to ensure revelers who came for days of debauchery did so safely—the city’s condom vendors weren’t happy about it. The global health organization Population Services International (PSI), whose ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/in-condom-market-a-growing-private-sector-72352/

Software licenses debated

Open source software is an important way forward and a useful impetus for development in Cambodia, according to attendees of the Kingdom’s first software conference this weekend. The conference, which centred on TYPO3, an open source content management system (CMS), was held this past weekend ...

http://www.phnompenhpost.com/index.php/2012082058154/Business/software-licences-in-cambodia-debated.html

PPWSA stock to list today

Investors, along with the next two companies expected to list on the Cambodia Securities Exchange, will watch carefully this morning the action on the country’s first initial public offering, nine months after the CSX officially opened. After a book-building process that was 17 times over-subscribed, Phnom Penh ...

http://www.phnompenhpost.com/index.php/2012041855632/Business/ppwsa-stock-floats-today.html

Companies lag on listing rules

Adding its name to a rapidly growing list of private companies, Tonlesap Airlines is gearing up for an initial public offering on the Cambodia Securities Exchange. And like many of these companies, the listing is still years off as Tonlesap prepares the tax and financial information ...

http://www.phnompenhpost.com/index.php/2012083058376/Business/companies-lag-on-listing-rules.html

Party Law draws EU eyes

A European parliamentarian has submitted a “priority question” to Europe’s high representative for foreign affairs, Frederica Mogherini, urging strong action against Cambodia in response to recent threats by Prime Minister Hun Sen to dissolve opposition parties. EU Ambassador to Cambodia George Edgar yesterday agreed it’s ...

Cristina Maza
http://www.phnompenhpost.com/national/party-law-draws-eu-eyes

Stock market rings in PPAP

Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for ...

Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap

Grand Plans for $80-Billion Capital City Fit for a Techo

If Phoeung Sophoan has his way, Phnom Penh’s days as Cambodia’s capital city are numbered. A secretary of state at the Ministry of Land Management, Urban Planning and Construction, Mr. Sophoan has big plans for a new 35,000-hectare capital city north of Phnom Penh called “Samdech ...

http://www.cambodiadaily.com/news/grand-plans-for-80-billion-capital%E2%80%88city-fit-for-a-techo-38968/

NGOs Raise Concern Over Freedom of Expression to UN

Seven NGOs have raised their concerns that the government is using the law, media and Internet to further stifle freedom of expression, ahead of Cambodia submitting its first Universal Periodic Review (UPR) of human rights to the U.N. The UPR is the process through which Geneva’s ...

Lauren Crothers and Kuch Naren
http://www.cambodiadaily.com/news/ngos-raise-concern-over-freedom-of-expression-to-un-40748/

NGOs Raise Concern Over Freedom of Expression to UN

Seven NGOs have raised their concerns that the government is using the law, media and Internet to further stifle freedom of expression, ahead of Cambodia submitting its first Universal Periodic Review (UPR) of human rights to the U.N. The UPR is the process through which Geneva’s ...

Lauren Crothers and Kuch Naren
http://www.cambodiadaily.com/news/ngos-raise-concern-over-freedom-of-expression-to-un-40748/

Hun Sen Mute After Initial Election Remarks

Over the past three weeks, a standoff between the long-ruling CPP and newly strengthened opposition CNRP has made for an increasingly tense political environment. But almost entirely missing from the equation has been Prime Minister Hun Sen, whose last public appearance was 18 days ago when ...

Colin Meyn and Phorn Bopha
http://www.cambodiadaily.com/elections/hun-sen-mute-after-initial%E2%80%88election-remarks-40372/

Tanks, Rocket Launchers Seen Leaving Sihanoukville

Defense Minister Tea Banh on Thursday said that truckloads of tanks and mounted rocket launchers seen by witnesses leaving the Sihanoukville Autonomous Port in the direction of Phnom Penh would be used to protect the country in the case that someone “tries to Destroy the ...

Khuon Narim and Chhorn Chansy
http://www.cambodiadaily.com/news/tanks-rocket-launchers-seen-leaving-sihanoukville-39825/

Investors Play Down Impact of Labor Strikes

Economists and analysts on Thursday shrugged off the opposition CNRP’s threat to stage nationwide labor strikes, arguing that while such a move could lower profits for companies in the short term, it would not significantly deter foreign investors. Mr. Rainsy, who mentioned the possibility of strikes ...

Ben Woods
http://www.cambodiadaily.com/elections/investors-play-down-impact-of-labor-strikes-43694/

Interest-free loans to lure businesses

HCM CITY — The HCM City government will offer interest-free loans to local companies doing business in the city, Laos and Cambodia. With a stimulus package of VND8 trillion (US$381 million), the city has approved interest-fee loans of up to VND100 billion ($4.7 million) over ...

http://vietnamnews.vnagency.com.vn/Economy/215583/Interest-free-loans-to-lure-businesses.html

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