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UTCC: Rubber prices won't bounce back

Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...

http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back

Mental Health Sector Severely Underfunded

The mental health sector faces a sever lack of funding that could ultimately undermine Cambodia’s development and the governemnt’s own health care goals, concludes a new report by the human rights law center at Fordham University in New York. In a comparative study on Cambodia’s mental ...

Hun Sen lambasts rights rapporteur

Prime Minister Hun Sen lashed out at the UN’s human rights envoy to Cambodia yesterday, saying Surya Subedi’s latest report skewed too heavily toward the opposition and suggested his talents might be better employed elsewhere.   While the premier never mentioned the Nepalese national and Leeds ...

http://www.phnompenhpost.com/index.php/2012100559134/National-news/hun-sen-lambasts-rights-rapporteur.html

Buildings Near Palace to Be Partially Demolished

Phnom Penh municipal governor Pa Socheatvong maintained Wednesday that the city would partially demolish two buildings near the Royal Palace because they exceed the height limit stated in their contracts, though he did not specify when the demolition would occur. One building, owned by Vattanac ...

Aun Pheap
http://www.cambodiadaily.com/news/buildings-near-palace-to-be-partially-demolished-48635/

US, Australia Continue Call For Credible Election Inquiry

In the wake of an announcement by the National Election Committee (NEC) that it has completed its investigation into election irregularities, the U.S. and Australian embassies in Phnom Penh on Monday continued to call for an independent and transparent inquiry into the results of the ...

Colin Meyn
http://www.cambodiadaily.com/elections/us-australia-continue-call-for-credible-election-inquiry-40185/

City's Water Authority Open to Bids

The Phnom Penh Water Supply Authority (PPWSA) will begin taking bids from investors tomorrow in order to determine the price and number of shares it will issue during its long-awaited initial public offering on Cambodia’s stock exchange, the company’s general director said yesterday. Investors will ...

Land Concessions Now at 1.2 Million Hectares, Official Says

The total number of land concessions offered by the government to private agro-industrial firms hit 1.19 million hectares, or 13.5 percent of Cambodia’s total land mass, a senior official at the Ministry of Agriculture said yesterday. The government figure undermines figures released late last year ...

Canadia, Gov't Look to Soothe Tax Process

With the deadline to pay annual property taxes rapidly approaching, hundreds of Phnom Penh homeowners queued this week at Canadia Bank’s headquarters on Monivong Boulevard to pay their tax bills in relative comfort, and avoid long visits to district and municipal taxation offices. Canadia Bank signed ...

The Week at the CSX

The price of the Phnom Penh Water Supply Authority stock over the Aug. 30-Sept. 5 period fluctuated from KHR 6,350 (US$1.57) to KHR 6,450 (US$1.59), but trading volumes went down to zero again on Aug. 31, the second time in the bourse’s short history. With ...

http://etmcambodia.com

Kratie meet pushes dolphin protection

Residents of Kratie province had an education in conservation yesterday as the government and outside partners reiterated a September sub-decree banning gill nets on a sizable stretch of the Mekong in a bid to protect the badly endangered Mekong River dolphin. Touch Seang Tana, head of the Commission ...

http://www.phnompenhpost.com/index.php/2012102559409/National-news/kratie-workshop-pushes-dolphin-protection.html

Supporters Pray for Mam Sonando’s Release

More than a hundred supporters of imprisoned Beehive Radio owner Mam Sonando gathered at the Preah Ang Dang Keu Shrine in front of the Royal Palace yesterday morning to offer prayers for his release. Sporting shirts printed with photos of Mr. Sonando, the group lit candles ...

Hun Sen Takes Aim at US During Speech

Addressing the killing of 14-year-old Heng Chantha for the first time since she was shot dead last month by government security forces, Prime Minister Hun Sen offered his condolences before declaring that the killing of the teenager was not as serious as the U.S. bombing ...

Firms Go to Arbitration Over Failed Gold Mining License Deal

Despite touting its Cambodian venture on the Frankfurt Stock Exchange (FSE), a British registered mining firm’s plan to extract gold in Ratanakkiri province stalled and the firm may face legal action over a failed deal to obtain an exploration license. Astra Resources Plc. has also gone ...

Homeowners petition ADB

The occupants of 90 Phnom Penh households whose homes were partially or completely dismantled to make way for the Railway Rehabilitation Project partly funded by the ADB have demanded the bank offer them fair compensation. In a letter submitted to the Inter-Ministerial Resettlement Committee, the ADB, ...

http://www.phnompenhpost.com/2013052165738/National/homeowners-petition-adb.html

Canadia, Cambodia Post to Launch New Bank

Canadia Bank PLC and Cambodia’s postal service are expected to open a commercial bank next month with financial backing from one of Singapore’s largest financial institutions, officials and sources with knowledge of the venture said Thursday. The bank, known as Cambodia Post Bank PLC, will provide ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/canadia-cambodia-post-to-launch-new-bank-40699/

Construction on $35 Million Hospital Set to Begin in April

Construction on Phnom Penh’s first international-standard critical-care center is expected to begin in April, and when completed it will offer state-of-the-art medical technology and highly trained staff, according to an official with the Japanese firm in charge of the project. “[Construction] is supposed to start from ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/construction-on-35-million-hospital-set-to-begin-in-april-50596/

Deal falters, blame begins

Senior Cambodian People’s Party figures who have been at the forefront of negotiations with the opposition party yesterday offered lukewarm responses to the prospect of restarting talks that would bring an end to the opposition’s seven-month-long parliamentary boycott. Their position – that the opposition party was ...

Meas Sokchea
http://www.phnompenhpost.com/national/deal-falters-blame-begins

Tea Banh denies supporting Russia

Minister of Defence Tea Banh yesterday denied allegations that Cambodia supported Russia’s annexation of Crimea. Local media reported yesterday that during a meeting with the defence minister on Monday, Russian Ambassador Dmitry Tsvetkov thanked the Kingdom for supporting Moscow in the recent secession crisis in Ukraine ...

Cheang Sokha
http://www.phnompenhpost.com/national/tea-banh-denies-supporting-russia

On the World Cup clock

It’s day seven of the FIFA World Cup, and the night staff at Phnom Penh’s popular Score Sports Bar and Grill are looking a bit sleep-deprived. Score is paying its staff “very well” in extra wages during the World Cup for the long nights they ...

Kevin Ponniah
http://www.phnompenhpost.com/national/world-cup-clock

Firm begins process to determine IPO share price

Grand Twins International (Cambodia) Plc., a manufacturer of clothes for U.S. athletic brands, on Monday will begin recording investor demands to determine the price for an initial public offering (IPO) as part of the last steps to list on the Cambodian Stock Exchange (CSX), though ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/firm-begins-process-to-determine-ipo-share-price-53869/

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