Phnom Penh Autonomous Port pushes for IPO
Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and sihanoukville Autonomous Port, both of which ss='cambodia-color'>...
Gov’t plans to install surveillance equipment
The government is planning to install surveillance equipment on the networks of Cambodia’s mobile phone operators and Internet service providers (IsPs), a senior Interior Ministry official said Tuesday, vindicating concerns about inspections the ministry quietly conducted on telecommunications firms in October. In October, officials from Lieutenant ss='cambodia-color'>...
Aun Pheap and Joshua Wilwohl
https://www.cambodiadaily.com/news/govt-plans-to-install-surveillance-equipment-73911/
Outpost Cambodia launches startup sponsorship competition
The co-working and co-living space Outpost Cambodia announced details of a startup competition today that will offer a winning company free 24/7 access to a desk for up to six people for six months in its workspace on Phnom Penh’s Chroy Changvar peninsula, four specialised consultations with ss='cambodia-color'>...
Euan Black
http://sea-globe.com/outpost-cambodia/
China-funded Ream base construction includes new pier, US think tank says
Chinese-funded construction, including land clearing, several new structures and a new pier, “continues to transform” sihanoukville’s Ream Naval Base “at a rapid pace,” a U.s. think tank said Tuesday. ss='cambodia-color'>...
Sorn Sarath and Sovann Sreypich
https://cambojanews.com/china-funded-ream-base-construction-includes-new-pier-us-think-tank-says/
Central bank mulls its inflation response
Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and spokeswoman Nguon sokha said yesterday. Increases in commodity prices and petroleum has led to rising ss='cambodia-color'>...
Two Khmer Papers Told to Halt Publishing
The Ministry of Information on Tuesday ordered two Khmer-language newspapers owned by the same publisher to halt publication for failing to follow ministry rules. In a notice signed by Minister of Information Khieu Kanharith, Phnom Penh-based The Water and Fire News and The World newspapers ss='cambodia-color'>...
City Officials Talk Trash With New Campaign
Phnom Penh municipality is set to launch a campaign today at Daun Penh district’s Kandal market aimed at educating residents about disposing their garbage correctly in an effort to reduce flooding in the area. The campaign comes after the area experience several bouts of severe ss='cambodia-color'>...
GDP growth drives petrol imports 67% year-on-year
The Kingdom’s strong economic growth so far this year has driven petroleum imports 67 per cent higher year-on-year through October, according to Ministry of Commerce data. Total imports reached 1.2 million tonnes, or Us$1.14 billion worth, in the first 10 months of the year, compared to ss='cambodia-color'>...
Coffee Prices Increase on Demand for Product
The price of coffee in Mondolkiri province, the country’s top coffee producing area, is continuing to increase as demand for the commodity continues to grow, according to local farmers and officials. Chay Moa, who owns a 5-hectare coffee farm in sen Monorom City, said that he ss='cambodia-color'>...
US senators raise Mekong dams
US SenatorS are puShing for a reSolution that would uSe US influence within the Mekong baSin to enSure that the conStruction of hydroelectric damS, Such aS the Xayaburi dam in LaoS, would meet exacting environmental StandardS. The reSolution would not be law but rather policy SS='cambodia-color'>...
ABA Bank wins Cambodia retail bank of the year award
ABA Bank has been awarded “Cambodia Retail Bank of the Year” award by this year’s Asia Banking & Finance Retail Banking Awards. With 150 bankers from across Asia on hand to congratulate the winners in singapore, ABA Bank Deputy Chief Executive Officer Askhat Azhikhanov said ss='cambodia-color'>...
Flood costs to surpass $100m
PERSISTENT flooding in Several areaS of the Kingdom could reSult in more than US$100 million worth of damage, the National Committee for DiSaSter Management Said yeSterday. Flood waterS have killed 207 people Since early September and forced more than 32,000 familieS from their homeS, according to SS='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2011101152037/Business/flood-costs-to-surpass-100mn.html
Banks offer millions to millers
Two Cambodian banks have set aside Us$200 million for loans to bolster the Kingdom’s struggling rice-milling industry, officials said yesterday. The move comes as the Cambodian government has called on the private sector to boost loans to rice millers during the harvest season as a way ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2011112352914/Business/banks-offer-millions-to-millers.html
Lucky sells big stake to Asian retail giant
Big Asian retailer Dairy Farm Group has formed a joint venture with Cambodia’s Lucky Market Group, the operator of Lucky supermarket and Lucky Burger, according to an announcement yesterday. LMG, which opened its first supermarket in 1993, will join a stable of brands already controlled by ss='cambodia-color'>...
Villagers Seize Large Hauls of Illegal Timber
Hundreds of villagers patrolling Prey Long forest for illegal logging discovered and burned more than 370 cubic meters of wood during the first four days of their campaign, an organizer said yesterday. About 400 villagers from Kompong Thom, Kratie, stung Treng and Preah Vihear provinces who ss='cambodia-color'>...
Protesters Block Highway Over Alleged Land Grabs by Firms
About 500 protesters erected barricades on National Road 76a in Kratie province’s snuol district on saturday to protest the loss of their farmland and homes to encroachment by three agro-industry firms: sovann Rithy, samnang Angkor and Dai Nam Cambodia, officials said yesterday. The protest, which remained ss='cambodia-color'>...
‘New deal’ eyed for migrant workers
Prime Minister Hun sen’s call on Tuesday to strengthen cooperation among AsEAN members to protect the rights of migrant workers echoed recent comments by rights groups who say further protections are necessary as the 2015 deadline for an integrated economic community looms. As that deadline approaches, ss='cambodia-color'>...
Land row villagers see hope
The Preah Vihear provincial authority and other relevant parties issued a statement on Wednesday that contained five points aimed to end a land dispute between 330 families and private company Metrei Pheap. This follows the submission of a petition requesting Prime Minister Hun sen to ss='cambodia-color'>...
Long Kimmarita
https://www.phnompenhpost.com/national/land-row-villagers-see-hope
Cambodia can achieve SDGs, but deep fiscal reform needed: ADB report
Cambodia has a good chance of achieving its social protection agenda under the sustainable Development Goals (sDGs) but will need to balance different social protection investments, according to a report published on Wednesday by the Asian Development Bank (ADB). With the right fiscal reforms and policies ss='cambodia-color'>...
Sar Kheng proposes land dispute resolution
Deputy Prime Minister sar Kheng has proposed the establishment of a village and the construction of roads for the people living on a disputed land plot in Kulen Promtep Wildlife sanctuary in Preah Vihear province’s Choam Ksan district. Metre Pheap received approval for an agro-industry ss='cambodia-color'>...
Niem Chheng
https://www.phnompenhpost.com/national/sar-kheng-proposes-land-dispute-resolution