Tropical storm precedes cold front
Tropical Storm Sinlaku is expected to hit Cambodia today, bringing with it heavy rains and flooding for residents in the Kingdom’s northeastern provinces, a government meteorologist confirmed. Mondulkiri and Ratanakkiri are expected to be the most vulnerable areas, and the storm will have little effect on ...
Pech Sotheary and Sarah Taguiam
http://phnompenhpost.com/national/tropical-storm-precedes-cold-front
Non-aligned? Cambodia is neutral: Sokhonn
The minister of foreign affairs maintained yesterday that Cambodia is not allied with China, stating that the Kingdom is “neutral”, despite an apparent diplomatic shift towards the nascent superpower and away from the West. Minister Prak Sokhonn told a crowd of over 200 students at the ...
Touch Sokha
http://www.phnompenhpost.com/national/non-aligned-cambodia-neutral-sokhonn
ASEAN cannot act on behalf of claimant states in South China Sea dispute: Cambodian PM
Cambodian Prime Minister Hun Sen said Wednesday that the Association of Southeast Asian Nations (ASEAN) cannot act on behalf of the countries concerned in the South China Sea dispute and urged all parties involved to continue negotiations. ...
The Cambodia Herald News Staff
http://bit.ly/1D1D9XU
Finance minister’s wife gets state land in Keo Seima for ecotourism
Protected areas in Kirirom National Park and the Keo Seima Wildlife Sanctuary are being privatized for companies run by family members of notorious tycoon Choeung Sopheap as well as the wife of the country’s finance minister. ...
Seoung Nimol
https://vodenglish.news/finance-ministers-wife-gets-state-land-in-keo-seima-for-ecotourism/
Private firms plan CSX IPOs
A logistics firm and two garment manufacturers planned to list on the Cambodia Securities Exchange during the second half of 2012, underwriter Phnom Penh Securities said yesterday. The companies are the first known private businesses to confirm their intentions of listing on the Kingdom’s still-dormant bourse. Manufacturing ...
http://www.phnompenhpost.com/index.php/2011110352509/Business/private-firms-plan-csx-ipos.html
Stock Exchange Launches, Waits for Customers
The Cambodian Stock Exchange in Phnom Penh was launched by Finance Minister Keat Chhon, who has called on state-owned corporations to prepare for their initial public offerings. No companies as of yet are listed on the Cambodian Securities Exchange (CSX), though the launch was symbolic ...
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
New ‘rehab’ centre offers jobs training, life skill help
The government will formally inaugurate a community-based national drug rehabilitation centre on March 22 in Preah Sihanouk province, with the centre focusing on vocational training for addicts to provide them with a clear career path and life skills when reintegrating into society. ...
Voun Dara
https://www.phnompenhpost.com/national/new-rehab-centre-offers-jobs-training-life-skill-help
Gov’t preps new health plan
Plans for a universal health care system will be included in the 10-year strategy to strengthen Cambodia’s social welfare, according to a government official, as a new report reveals almost three-quarters of Cambodians lack any legal health coverage. The study, released this week by the International ...
Shaun Turton
http://phnompenhpost.com/national/govt-preps-new-health-plan
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 ...