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Garment Makers Gear Up for IPOs

Two foreign-owned garment manufacturers will submit disclosure documents to Cambodia’s capital market regulator next month, the companies’ underwriter Phnom Penh Securities Firm Plc. said yesterday. The initial public offerings for the two private companies, expected by the end of the year, should boost action on the ...

http://www.phnompenhpost.com/index.php/2012062957093/Business/garment-makers-gear-up-for-ipos.html

Inflation low in 2012: IMF

The International Monetary Fund (IMF) projected that Cambodia will have a very low inflationary rate to 3.5 per cent this year, which is 0.1 per cent below the goverment’s new revision but 0.5 per cent higher than the Asian Development Bank (ADB). Cambodia’s government in August also revised inflation ...

http://www.phnompenhpost.com/index.php/2012100859161/Business/inflation-low-in-2012-imf.html

Trading volume drops on new Cambodia Securities Exchange

The Cambodia Securities Exchange has seen a sharp decrease in action this week, with trading volume yesterday falling to 3,453 shares, down nearly 100 per cent from Monday. Despite the drop, which was accompanied by a strong shift from institutional to retail investors, experts have stressed the time ...

http://www.phnompenhpost.com/index.php/2012042755811/Business/trading-volume-drops-on-new-csx.html

Climate Change Poses Major Threat to Cambodia’s Rural Poor

The Cambodian economy faces major problems for its predominantly rural population in the event of more erratic climate shifts, according to the United Nations Development Programme’s 2011 Cambodian Human Development Report. “This is an agrarian economy that depends very much on weather. And we are among the ...

http://www.economywatch.com/in-the-news/climate-change-poses-major-threat-to-cambodias-rural-poor.01-09.htm

Local oil prices fall slowly

The current volatility of oil prices on the global market is bringing cuts in prices at Cambodia’s five main petroleum retailers. However, some observers say the current fall in prices is too limited. Data from the Ministry of Commerce showed that super oil retailed at 5,200 ...

http://www.phnompenhpost.com/index.php/2012062156925/Business/cambodia-oil-prices-fall.html

Cambodia has about 50,000 hectares of mangroves

Protecting mangrove will be a main agenda of the World Wetlands Day to be held on Feb. 2, 2021, according to a press release from the Fauna&Flora International (FFI)-Cambodia programme and other partners. ...

Khner Time Staff
https://www.khmertimeskh.com/50808689/cambodia-has-about-50000-hectares-of-mangroves/

Land Is Life, and It’s Slipping Away

Nean Narin, a humble man and father of three children, says his family is going hungry. Narin lives in the village of Boeung Kak, situated on the edge of Cambodia’s capital, Phnom Penh. For years, he and other villagers relied on the Boeung Kak Lake ...

http://www.ipsnews.net/2013/02/land-is-life-and-its-slipping-away/?utm_source=dlvr.it&utm_medium=twitter

Government Reverses Ban, Agrees to CNRP March

The Ministry of Interior announced Tuesday in a last minute meeting that it would allow the opposition CNRP to take 1,000 people through the streets of Phnom Penh to deliver a petition to the U.N. and eight foreign embassies during its three-day mass demonstration that ...

Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/elections/government-reverses-ban-agrees-to-cnrp-march-45694/

Strikers, police clash

A woman was killed and at least six others shot yesterday morning when police fired live ammunition into a crowd of hundreds of rioting garment workers in the capital’s Stung Meanchey district. UN reports said police also arrested 37 people, including seven monks, as a result ...

Sean Teehan, Mom Kunthear and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/strikers-police-clash

Cambodia Accountancy Toward Global Standard

The National Accounting Council, the Kampuchea Institution of Certified Public Accountants and Auditors and Association of Chartered Certified Accountants (ACCA), co-organized to launch a National Conference on “Accountancy in Cambodia-Towards Global Standards” on August 12th in Phnom Penh to reflect what is being implemented in ...

http://thesoutheastasiaweekly.com/

Cambodia, South Korea Ties

Cambodia-Korea Alumni Association (CAMKAA) in cooperation with The Korea International Cooperation Agency (KOICA) Cambodia Office launched the 3rd Seminar on the “Exchange Experiences of the Cambodia Korea Alumni Association” on August 26th to observe the mutual cooperation between Cambodia-South Korea. Mr. Seng Setha, President of CAMKAA, ...

http://thesoutheastasiaweekly.com/

Garment, travel goods exports will stay strong, says minister

Minister of Commerce Pan Sorasak on Thursday expressed his optimism that garment, textile, footwear and travel goods exports will continue to enjoy strong growth over the next few years. He cited better working conditions and labour compliance as the main drivers of the Kingdom’s industrial ...

British Businessman Arrested over Alleged Land Fraud

The British chairman of an embattled agricultural investment firm was arrested Saturday by Cambodian authorities over charges of forging documents and using them in an attempt to illegally purchase thousands of hectares of land, a court prosecutor said. Greg Fryett, the main shareholder of Sustainable Agro ...

http://www.cambodiadaily.com/news/british-businessman-arrested-over-alleged-land-fraud-15882/

EuroCham Holds First Annual General Meeting

The European Chamber of Commerce (EuroCham) held its first annual general meeting Thursday at the Sofitel Hotel in Phnom Penh where a board of directors was elected and the French and German chambers merged with EuroCham in order to reinforce the interests of European companies ...

http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/

Laos Pushes Ahead With Second Mekong Dam Project

Laos is pushing ahead with construction of a second dam on the Mekong River despite objections from environmental and civil society groups. Work on the main part of the Don Sahong hydropower dam near the Cambodian border in southern Laos will begin by the end of ...

Radio Free Asia
http://www.rfa.org/english/news/laos/don-sahong-11122013185743.html

Blood Stocks Drop to Critically Low Level

Stocks at the National Blood Transfusion Center (NBTC) are critically low and hundreds of units short of meeting demand, leading management at the center to publicly appeal for people to come forward and help restore the depleted reserves. Dr. Hok Kim Cheng, the NBTC’s director, said ...

Phorn Bopha
http://www.cambodiadaily.com/news/blood-stocks-drop-to-critically-low-level-41240/

Cambodia’s Human Rights in focus: Full text of UN envoy

The UN envoy concluded his six-day visit to Cambodia producing a concrete report, which reflects both the positive and negative aspects of human rights situation in the Kingdom. As for the post-election political impasse, Prof. Surya P. Subedi, the United Nations Special Rapporteur on the ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ZWMwNTZmODliZTA

NGO declares Coca-Cola’s visit compromised by police

Auditors from the Coca-Cola Company visited Oddar Meanchey province on Friday to investigate allegations of land grabbing against sugar plantations that supply the global drinks giant, but called off a community meeting because of a heavy police presence, an NGO said Sunday. Chun Bora of the ...

Aun Pheap
http://www.cambodiadaily.com/news/ngo-declares-coca-colas-visit-compromised-by-police-53395/

A solution to the capital’s transit woes?

Some say City Hall’s scheme to improve public transport with a bus line is failing. One architect has a new plan, tried and tested throughout the developing world With the capital growing and incomes on the rise, rush hour in Phnom Penh is only getting worse ...

Bennett Murray and Vandy Muong
http://www.phnompenhpost.com/post-weekend/solution-capital%E2%80%99s-transit-woes

Uncle Elephant short film makes way to festival in New York City

Uncle Elephant, a short film that depicts Cambodia’s efforts to conserve Asian elephants and the rich resources in the Prey Lang area, will be showcased at the World Wildlife Film Festival on March 3 in New York, US. Wild Earth Allies (Cambodia) country director Tuy Serey ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/uncle-elephant-short-film-makes-way-festival-new-york-city

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