Yaunta eyes new role to jump start moribund market
Yaunta Securities, a leading underwriter in the Cambodia’s slow moving stock market, is in talks with regulators and the Cambodia Securities Exchanges (CSX) to assume the role of market maker to provide more liquidity in the market, a senior executive at Yaunta told Khmer ...
May Kunmakara
http://www.khmertimeskh.com/news/17404/yaunta-eyes-new-role-to-jump-start-moribund-market/
Indian power firms eye kingdom’s energy gaps
More than 50 representatives of Indian energy firms attended the opening of the Powering Cambodia conference in Phnom Penh yesterday, engaging local government officials and stakeholders in the Kingdom’s energy sector to explore investment opportunities in the field of electricity generation and distribution. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/indian-power-firms-eye-kingdoms-energy-gaps
Algae bloom was natural, says ministry
The Environment Ministry on Friday released its final study on the algal bloom that forced swimmers out of the water in Kep province in early April, stating no chemical substances were found in the bloom that would have negatively affected human or animal health. ...
Mom Kunthear
http://www.khmertimeskh.com/news/25239/algae-bloom-was-natural--says-ministry/
Russian nuclear agency bullish on Asean outlook
Rosatom, Russia’s state nuclear-energy agency, is bullish on the outlook of its business in Southeast Asia after the speedy development of a project in Vietnam and a range of agreements with every country in the region except Singapore, the Philippines and Brunei. ...
Achara Deboonme
http://www.nationmultimedia.com/business/Russian-nuclear-agency-bullish-on-Asean-outlook-30287441.html
SCCC to take 40% of Cambodia firm
Siam City Cement (SCCC)’s board of directors has approved a 40-per-cent share in a joint-venture company in Cambodia, Chip Mong Cement Corporation, a first step in its strategy to take advantage of the upcoming Asean Economic Community. ...
The Nation News Staff
http://www.nationmultimedia.com/business/SCCC-to-take-40-of-Cambodia-firm-30269342.html
Cambodia asserts sovereignty over disputed border area with Vietnam
A Cambodian government official in charge of border affairs accused Vietnam on Tuesday of trying to grab land in an eastern province along the border between the two nations, which was not included in a previous agreement signed by both governments. ...
Controversial elephant swap with Japan called off
A controversial proposed animal swap that would have seen elephants Kiri and Seila sent from the notorious Teuk Chhou Zoo in Kampot to a zoo in Japan in exchange for other exotic species has been officially called off, new documents show. ...
Charles Parkinson and Phak Seangly
http://www.phnompenhpost.com/national/controversial-elephant-swap-japan-called
Amid drought, diarrhea poses severe threat
Teachers at Toul Mead Primary School in Siem Reap province tell students to bring drinking water from home to keep them hydrated in the scorching heat. But water is increasingly hard to come by as the worst drought in decades drags on. ...
Janelle Retka
https://www.cambodiadaily.com/news/amid-drought-diarrhea-poses-severe-threat-112822/
Making villages see the light
More than 60 percent of rural homes in the Kingdom will have electricity by the end of this month and all villages in the country will no longer be engulfed in pitch darkness at night when they are connected to the national grid by 2020. ...
Sok Chan
http://www.khmertimeskh.com/news/26423/making-villages-see-the-light/
Prime minister sends out rice wine warning
Prime Minister Hun Sen on Monday called for people to be more careful with what they ingest, as the death toll from rice wine poisoning in the past week rose to 20 with another death in Kratie province and two others reported dead in remote ...
Ouch Sony
https://www.cambodiadaily.com/news/prime-minister-sends-out-rice-wine-warning-103025/
Gov’t takes back Phnom Kulen from CPP lawmaker
The Environment Ministry has revoked the rights of a company owned by government lawmaker and tycoon Sieng Nam to manage the Kulen Mountain Resort in the Preah Bat Jayavarman-Nordom National Park in Siem Reap province, saying the move was in the national interest. ...
Taing Vida
http://www.khmertimeskh.com/news/19006/gov---t-takes-back-phnom-kulen-from-cpp-lawmaker/
Two security guards shot outside Phnom Penh nightclub
Two nightclub security guards have been hospitalized with bullet wounds after a drunken reveler shot them with an AR-15 rifle in front of the Manhattan Cafe club in central Phnom Penh in the early hours of on Monday morning, military police officials said. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/two-security-guards-shot-outside-phnom-penh-nightclub-105052/
Manet returns from US, dismisses lawsuit
Prime Minister Hun Sen’s eldest son, Hun Manet, arrived back in Phnom Penh on Monday after two weeks in the U.S. and Canada, deriding a lawsuit filed against him in Los Angeles for wrongful imprisonment that includes a count of “international terrorism.” ...
Khuon Narim
https://www.cambodiadaily.com/news/manet-returns-from-us-dismisses-lawsuit-111744/
Donaco’s Poipet gamble pays off
Casino operator Donaco International Ltd posted a seven-fold increase in revenue in its first full-year financial filing since acquiring the Star Vegas Resort and Club in Banteay Meanchey province’s Poipet commune, according to the company’s audited annual report, released yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/donacos-poipet-gamble-pays
ANZ to offer online tax payment system
ANZ Royal customers will be able to make tax payments in local currency and in US dollars at all bank branches and online starting in April following the signing of a memorandum of understanding (MoU) with the Economy and Finance Ministry on Friday. ...
Sok Chan
http://www.khmertimeskh.com/news/35105/anz-to-offer-online-tax-payment-system/
Protecting a rare species
In recent years, there has been a declining trend in the number of sarus cranes observed throughout Cambodia. The seasonally flooded grasslands of the Northern Plains, one of the few locations in Cambodia where the birds breed, are threatened by agricultural conversion to rice paddies. ...
May Titthara
http://www.khmertimeskh.com/5099251/protecting-rare-species/
Two new ports for Cambodia
The Phnom Penh Autonomous Port (PPAP) will officially open two new ports in January in response to a rise in imports and exports of cargo. The PPAP is also one of the state-owned enterprises due to be listed on the Cambodian stock exchange by 2014. ...
http://www.phnompenhpost.com/2012122660476/Business/two-new-ports-for-cambodia.html
Trend of using phone and internet
In 2012, the number of phone users in Cambodia would stand at about 17.56 million and by 2015, about 21.31 million. And internet users in 2012 will reach to 1,739,618 by 2015, an increase of 1.89 million, His Excellency, Sarak Khansaid. ...
Anglers ‘invading’: Villagers say rivals taking over fish lot
More than 200 residents from seven villages in Ratanakkiri province’s Taveng district have filed a complaint to the local Administrative Fisheries Department and two right groups over claims that rival anglers in the area are collecting fish in their protected lot by poisoning the catch. ...
Phak Seangly
http://www.phnompenhpost.com/national/anglers-%E2%80%98invading%E2%80%99-villagers-say-rivals-taking-over-fish-lot
Vietnam exports fall as Thai trust rises
Bilateral trade between Cambodia and Vietnam fell marginally by 6 per cent in the first half of this year largely due to a slump in Vietnamese exports, according to data from the Vietnamese Embassy in Cambodia. ...
Hor Kimsay
http://www.phnompenhpost.com/business/vietnam-exports-fall-thai-trust-rises