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National Electricity Provider Warns of Dry-Season Power Cuts

The national electricity provider has warned residents in Phnom Penh and in Kompong Speu and Kandal provinces to expect power outages in the coming months as supply would likely fall short of demand throughout the dry season. In a statement issued Friday, Electricite du Cambodge (EdC) ...

http://www.cambodiadaily.com/news/national-electricity-provider-warns-of-dry-season-power-cuts-6384/

ACLEDA Bank Plc. Extends Mobile Financial Services to New Segments with Mobiliti Reach from Fiserv

A leading global provider of financial services technology solutions, today announced that ACLEDA Bank Plc. (ACLEDA), the largest bank in Cambodia, has extended its ACLEDA Unity mobile banking and payments service to new, untapped consumer segments using Mobiliti Reach™ from Fiserv. The bank, which has ...

http://www.dailyfinance.com/2012/10/28/acleda-bank-plc-extends-mobile-financial-services-/

Cambodia Bourse Sees End to IPO Drought

Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...

http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj

Minorities Choosing Private Over Communal

Though they held out hope for years that they would get communal land titles, hundreds of ethnic minority families in Mondolkiri and Ratanakkiri provinces have now opted to accept individual private land titles under Prime Minister Hun Sen’s new titling scheme. While individual titles offer immediate ...

http://www.cambodiadaily.com

BK evictees lose battle on plot size

Fourteen families evicted from Boeung Kak were left disappointed again yesterday when Phnom Penh’s governor ignored their calls to increase the size of land plots authorities had offered them. During a three-hour meeting, Governor Pa Socheatvong held firm on a 2011 decision that the families would ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/bk-evictees-lose-battle-plot-size

Cambodia's solar solution

Australia-based energy company Star8 officially launched operations on Friday at its solar-powered factory just outside of Phnom Penh. The ceremony marked the commencement of production on solar-powered tuk-tuks, the mainstay of the company. Hun Many, the youngest son of Premier Hun Sen, and Alison Burrows, the Australian ...

David Boyle and Koam Chanrasmey
http://www.phnompenhpost.com/video/cambodias-solar-solution

PPSP says shares are ‘undervalued’ in buyback

The industrial park operator Phnom Penh Special Economic Zone (CSX: PPSP) believes its falling share price now offers a good investment as the board proposed its share buyback plan to the regulator yesterday. ...

Harrison White
https://www.khmertimeskh.com/50793013/ppsp-says-shares-are-undervalued-in-buyback/

Cambodian mangoes now gaining popularity across Russian markets

Cambodian mangoes are gaining popularity across Russian markets offering a boost to the Kingdom’s agricultural sector, according to a representative of an agriculture firm that exports Cambodian mangoes to Russia and Central Asia. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501427846/cambodian-mangoes-now-gaining-popularity-across-russian-markets/

CPP secure 504 provincial council seats, KWP take 47

The ruling Cambodian People’s Party (CPP) claimed an overwhelming 504 of the 559 capital/provincial council seats on offer in the May 26 elections. ...

Ry Sochan
https://www.phnompenhpost.com/national/cpp-secure-504-provincial-council-seats-kwp-take-47

Commuter rail link from city to airport considered

Royal Railways, the company that holds a 30-year concession to operate the Kingdom’s railway network, is conducting a feasibility study on establishing a commuter rail service to run between the capital’s airport and its central district, the company’s chief executive said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/commuter-rail-link-city-airport-considered

Thailand planning more border SEZs

A Thai study being carried out on special economic zones (SEZ) in 15 provinces along the country’s borders has been welcomed by Cambodian and foreign businessmen, who say both countries can benefit, but some uncertainty remains over exactly where and when the zones will be ...

May Kunmakara
http://www.khmertimeskh.com/news/22680/thailand-planning-more-border-sezs/

Chinese outfit moots two new railway lines

Representatives from Jiangxi International (Cambodia) Ltd met with Transportation Minister Sun Chanthol on Monday and expressed interest in conducting feasibility studies for two new lines – one running from Banteay Meanchey’s Sisophon town to Siem Reap and one from Phnom Penh to Bavet in Svay ...

Kong Meta
http://www.phnompenhpost.com/national/chinese-outfit-moots-two-new-railway-lines

Amendments to drug law coming, if slowly

Deputy Prime Minister and Interior Minister Sar Kheng said yesterday that his decision regarding a request from the National Police to amend the drug law will depend on the results of a study by the National Authority for Combating Drugs on drug addicts currently serving ...

Taing Vida
http://www.khmertimeskh.com/news/20919/amendments-to-drug-law-coming--if-slowly/

Three forex giants hold sway

A recent study on the role of Cambodia’s moneychangers found that three private forex traders control two-thirds of the total demand for riel currency and exert more influence on foreign currency exchange rates than the central bank, raising the possibility of collusion in fixing rates. ...

Hor Kimsay
http://www.phnompenhpost.com/business/three-forex-giants-hold-sway

Cambodian migrants faring ‘worst in region’

Out of four Southeast Asian countries, migrant workers from Cambodia have the worst experiences, with eight in 10 experiencing labour rights abuses while abroad and more than two-thirds reporting mental or physical health problems upon return, according to a study released by ILO and IOM ...

Daphne Chen
http://www.phnompenhpost.com/national/cambodian-migrants-faring-worst-region

NBC survey shows riel perceptions

The central bank released its first-ever national study yesterday on perceptions and usage of the riel and foreign currencies in Cambodia, which aimed at not only understanding existing trends, but also at steering future financial legislation to boost the circulation of Cambodia’s national currency. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/nbc-survey-shows-riel-perceptions

Cambodian NGO: PTT entry would benefit consumers

A Cambodian NGO believes that investment by Thailand’s PTT oil conglomerate in petroleum projects in the region would promote competition and benefit consumers. Thailand’s largest petroleum firm said lastThursday it is currently studying options for petrochemical and oil refinery projects in three Asean countries — Cambodia, ...

http://www.bangkokpost.com/business/news/323691/cambodia-ptt-entry-would-benefit-consumers

New clean water treatment technology launched in Battambang

Australian Ambassador Pablo Kang and Industry Minister Cham Prasidh jointly launched a water treatment facility in Battambang yesterday and the “Provincial Investment Plan for Piped Water Supply in Cambodia (PIP)” study. ...

Khmer Times Staff
https://www.khmertimeskh.com/50980797/new-clean-water-treatment-technology-launched-in-battambang/

Latest malaria drug resistance sparks fears

A new study by the U.S. National Institutes of Health (NIH) has confirmed that resistance is growing to one of the key drugs being used to fight malaria in Cambodia, a situation likely to worsen and which could lead to a growing caseload in the ...

Zsombor Peter
https://www.cambodiadaily.com/news/latest-malaria-drug-resistance-sparks-fears-104930/

Preah Vihear temple restoration work delayed

Restoration of the most prominent and photographed gate at Preah Vihear temple has been delayed by the need for further study by the Indian team that has signed up for the work, the head of the Cambodian body that oversees the 12th century sanctuary said ...

Aun Pheap and Zsombor Peter
https://www.cambodiadaily.com/news/preah-vihear-temple-restoration-work-delayed-110295/

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