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New provider CooTel launches in Kingdom

Telecommunications company Xinwei (Cambodia) Telecom Co Ltd, operating under the CooTel brand, officially launched in Cambodia yesterday, being the first operator to offer 4G technology in the country, a company statement released yesterday said. “CooTel strongly believes it will be successful in entering the Cambodian market ...

Post Staff, P.8
http://www.phnompenhpost.com

Officials ‘take cut’ of dam compensation

Officials involved in negotiating compensation offers between the developers of the Lower Sesan II dam and affected villagers have kept a portion of the money paid out to 12 families for themselves, according to an official. Duong Pov, Stung Treng provincial administration director, claimed that a ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/officials-%E2%80%98take-cut%E2%80%99-dam-compensation

Villagers spurn firm’s ‘gifts’

A plantation company with its sights set on a community forest long used by local ethnic minority Jarai in Ratanakkiri’s O’Yadav district arranged a meeting with more than 200 villagers this week to try to persuade them to sign over the woodland. Representatives of the Heng ...

Phak Seangly
http://www.phnompenhpost.com/villagers-spurn-firms-gifts

One family settles land dispute, 2nd holds out

One of two Phnom Penh families involved in a long-running land dispute with a powerful real estate tycoon accepted the businessman’s latest compensation offer during negotiations Tuesday brokered by the Housing Rights Task Force, though the other family has continued to hold out. The two families, ...

Ben Sokhean
http://www.cambodiadaily.com/news/one-family-settles-land-dispute-2nd-holds-out-65812/

PPCBank bond trades on secondary market

In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...

May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market

CTEP gifts laptops to coding students at two high schools

Minister of Education, Youth and Sports Hang Chuon Naron said the ministry’s long-term goal is to establish at least one technical high school in each province and require each young person to have acquired at least one professional skill. There are currently 18 technical educational ...

Voun Dara
https://www.phnompenhpost.com/national/ctep-gifts-laptops-coding-students-two-high-schools

Capital hosts ‘people’s congress’

More than 1,000 people from civil society organisations and community groups have gathered for a three-day “People’s Assembly” in Phnom Penh to express their views and offer agenda items that it would like the Cambodian government to submit to the ASEAN leaders who would attending ...

Long Kimmarita
https://www.phnompenhpost.com/national/capital-hosts-peoples-congress

NSSF health coverage for more groups

The National Social Security Fund (NSSF) plans to offer free healthcare to new target groups under a new programme. The first and largest group includes vendors and those who work in related informal jobs, like street vendors. He added the other target groups include digital ...

Tith Kongnov
https://www.khmertimeskh.com/501434860/nssf-health-coverage-for-more-groups/

Domestic violence campaign starts

Local and international NGOs, universities and government institutions on Monday began the annual international “16 Days of Activism against Gender-Based Violence” campaign demanding the elimination of all forms of violence against women. National Police spokesman Chhay Kim Khoeun said there was no recorded figure in ...

Niem Chheng
https://www.phnompenhpost.com/national/domestic-violence-campaign-starts

Anti-Eviction Activists Conjure Up Curses to Bolster Cause

Residents of Phnom Penh’s Boeng Kak and Borei Keila neighborhoods yesterday sprinkled a concoction of chili, salt and black rice into flames of a small fire in front of the Phnom Penh Municipal Court to “curse” the court officials they accuse of unjustly charging and ...

Cambodia Takes Aim at the Dominant Dollar

PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...

http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html

Despair in Pursat as students begin to exit

Nineteen families from Pursat province’s Prangil commune, plagued by a long-running land dispute with developer Pheapimex, are in despair now that student volunteer surveyors cannot help them reclaim land they say is rightfully theirs. Prime Minister Hun Sen on Wednesday revealed he had revised his ...

http://www.phnompenhpost.com/index.php/2012080357794/National-news/despair-in-pursat-as-students-begin-to-exit.html

For Agricultural Investors, an Abundance of Risks

As wealthy Gulf states look to meet their food needs by investing in agriculture projects abroad, Cambodia-with its underutilized land and attractive foreign investment policies-makes a nearly perfect investment destination. But endemic corruption, land conflicts, a badly implemented economic land concession program, and an unreliable judiciary could ...

Cambodia’s elderly faces increasing hardships

Like many developing countries, Cambodia’s mainly agricultural society is changing fast, driven by urbanization and falling fertility rates. As young workers move to the cities, older people are staying back in the villages, where they have little support. Although former civil servants and soldiers get ...

Robert Carmichael
http://www.voanews.com/content/cambodia-elderly-facing-increasing-harships/2516170.html

Stock Trading to Start Next Month With Water Authority IPO

The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...

PM Hun Sen ushers in new dam

Prime Minister Hun Sen on Saturday inaugurated the third in a string of six Chinese-funded hydropower dam projects, offering lavish praise for the superpower as he officially opened the $47 million Kirirom 3 dam in Koh Kong. “I am really pleased for the new ...

http://www.phnompenhpost.com/2013022561590/National/pm-hun-sen-ushers-in-new-dam.html

Asia Rice- Thai Exporters Seek Vietnamese, Cambodian Rice To Meet Deals

Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...

Sides dig in over minimum wage

Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ...

http://www.phnompenhpost.com/2013031161866/National/sides-dig-in-over-minimum-wage.html

Rice trade zone to be set up in East

The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries. Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo ...

http://www.bangkokpost.com/news/local/342199/rice-trade-zone-to-be-set-up-in-east

Mobile Bonuses Axed After Firm Complaint

Minister of Posts and Telecommunications So Khun said Wednesday that the government’s decision last week to order all mobile phone firms to stop offering generous top-up bonuses came after one of the market’s competitors complained to the ministry. Ian Watson, CEO of Mobitel, denied complaining ...

http://www.cambodiadaily.com/business/mobile-bonuses-axed-after-firm-complaint-21436/

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