Port eyes public listing amid profits recovery
Sihanoukville Autonomous Port (SAP) could be ready to list on the Cambodian Stock Exchange (CSX) by mid 2015, the head of the state-owned enterprise says. Lou Kimchhunn, director-general at the port said he is awaiting evaluations of the business’s 2014 performance from an independent accounting firm ...
May Kunmakara
http://www.phnompenhpost.com/business/port-eyes-public-listing-amid-profits-recovery
Ministry suspends licences of 90 mining companies
The Ministry of Mines and Energy has suspended the licences of 90 mining companies across Kampong Speu province for a week for failing to properly repair and water roads, tormenting residents with clouds of dust. Yos Monirath, General Department of Mineral Resources director-general at the ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/ministry-suspends-licences-90-mining-companies
‘Tornado-like storm’ kills two
A mother and child were killed on Tuesday in what Russey Keo district residents described as a tornado-like storm that stripped off roofs, split trees and swept chairs and baby chicks into the skies. According to villagers, the unprecedented weather started with clouds thickening and turning ...
Khouth Sophak Chakrya and Laignee Barron
http://www.phnompenhpost.com/national/%E2%80%98tornado-storm%E2%80%99-kills-two
US army shuts down website cited in HRW report
Four days after Human Rights Watch (HRW) published a report criticizing Washington for supporting Cambodia’s “abusive armed forces,” a Facebook page containing photos cited in the report has been removed from the Internet. According to the U.S. Embassy in Phnom Penh, the Facebook page titled “Angkor ...
Matt Blomberg
http://www.cambodiadaily.com/news/us-army-shuts-down-website-cited-in-hrw-report-59509/
Two’s company at CSX
It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...
Eddie Morton
http://www.phnompenhpost.com/business/two%E2%80%99s-company-csx
Culture Ministry Plans to Build New Cinema
In an effort to increase Khmer film production the Ministry of Culture and Fine Arts is going to build a state-run cinema next to the Chaktomuk Conference Hall. Recently Westec Media opened a cinema, the first offering 3D movies in Cambodia, at City Mall in ...
More NGOs Scrutinised
International NGO Bridges Across Borders and umbrella group NGO Forum met yesterday morning with officials at the Ministry of Foreign Affairs who accused both of making “false” and “unfair” claims to the Asian Development Bank about the death of two children relocated by a railway ...
http://www.phnompenhpost.com/index.php/2011081951151/National-news/more-ngos-scrutinised.html
Aviation Chief Urges Compensation for Victims of PMT Crash
Fielding questions from opposition lawmakers in the National Assembly yesterday, the chief of the State Secretary of Civil Aviation (SSCA) addressed a host of issues that have drawn recent criticism of the government body. SSCA Secretary of State Mao Havanall began by saying that the secretariat ...
US-Asean Meeting Addresses Economic, Security Cooperation
At the U.S.-Asean meeting at the Peace Palace in Phnom Penh yesterday, the U.S. and the 10 Asean member nations agreed to further their cooperation in all areas, including security to ensure peace in the region. ...
CSX to increase trade times
THE Cambodia Securities Exchange (CSX), the recently established bourse with a single player, will increase the number of trade executions from twice to six times a day, a move that will take effect on March 11. A CSX officer and the managing director of a securities ...
http://www.phnompenhpost.com/2013022861659/Business/csx-to-increase-trade-times.html
Cambodia's Public Debt
According to the [inter]national Monetary Fund (IMF), at the end of 2011, the stock of Cambodia’s external public debt, including arrears, stood at around US 3.8 billion or 30 percent of GDP (24 percent in NPV terms). China remains the largest bilateral creditor, contributing to ...
Angkor Air forecasts first loss
AFTER finishing in the black every year since its launch in 2009, Cambodia’s flagship airline is forecasting a loss for the first time, in a situation that an industry analyst has described as “not necessarily typical”. Cambodia Angkor Air’s (CAA) loss is projected to span two ...
http://www.phnompenhpost.com/2013030661776/Business/angkor-air-forecasts-first-loss.html
Millers need greater access to credit: Govt
The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization Sector Development program to address food security ...
http://www.phnompenhpost.com/2013031161863/Business/millers-need-greater-access-to-credit-govt.html
East Asia Summit to discuss how to address economic, financial disorder
East Asian leaders will discuss how to address economic and financial disorder when they meet heads of the International Monetary Fund, the Asian Development Bank and the World Trade Organization next week, a source said Wednesday. The source, who asked not to be named, said the ...
AEC will 'Cut impact of US, EU woes'
Malaysia is optimistic Asean is ready to be integrated into a single economic block by December 2015 despite uncertainties over growth in the euro zone and the US. International Trade and Industry Minister Mustapa Mohamed said the 10 member countries would be able to cushion the ...
http://www.nationmultimedia.com/business/AEC-will-Cut-impact-of-US-EU-woes-30195833.html
Opposition Asks Donors to Stop Work With Government
Lawmakers from the opposition SRP and Human Rights Party who were expelled from Parliament earlier this month have called on the foreign diplomatic corps and international donors to stop signing agreements and conducting other business with the government of Prime Minister Hun Sen. In a letter ...
http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/
Ethnic Banong Thwart Group of Illegal Loggers in Mondolkiri
More than 100 Banong ethic minority villagers in Mondolkiri province on Wednesday stopped and briefly apprehended a group of 11 outsiders who they say were caught illegally logging timber in the area, villagers said yesterday. The villagers say that they took it upon themselves to stop ...
Brunei inks deal to buy Cambodian jasmine rice
The government of Brunei on Saturday signed a one-year contract to purchase 3,000 tons of jasmine or fragrant rice from Cambodia, the first such deal reached by the two Asian nations. The deal was inked between Pg Haji Mohd Noordin B PLP Pg Haji Mohd Said, ...
http://news.xinhuanet.com/english/business/2013-07/06/c_132517759.htm
Chinese bypass the local fare
Hui Tien Jien has eaten at a Chinese restaurant called Old Place Seafood two times – and he’s been in Phnom Penh for only two days. Chinese restaurants in Phnom Penh are spreading in response to a flood of tourists from China: tourists who insist ...
http://www.phnompenhpost.com/business/chinese-bypass-local-fare
Eviction Protestors Block Phnom Penh International Airport
About 20 people protesting their pending eviction from their homes near Phnom Penh International Airport blocked people from leaving or entering the airport for about half an hour yesterday, before a large force of police broke up their protest. In July, authorities told 182 families ...
http://www.cambodiadaily.com/news/eviction-protesters-block-phnom-penh-international-airport-26147/