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PPWSA’s Q3 profit hit by expenses

Cambodia’s first listed company, the Phnom Penh Water Supply Authority, yesterday reported a 41 per cent drop in profits after tax for the quarter ending September 30, with the company attributing the drop to an increase in expenses incurred over the quarter. ...

Ananth Baliga
http://www.phnompenhpost.com/business/ppwsas-q3-profit-hit-expenses

CSX listed companies show good Q1 results

Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter of the year due to a rise in revenue.   ...

May Kunmakara
http://www.khmertimeskh.com/news/38598/csx-listed-companies-show-good-q1-results/

Smart posts Q1 growth despite stiff competition

Cambodian telecom Smart Axiata retained healthy growth in the first quarter, with revenue rising 17 percent year-on-year to 318,000,000 ringgit ($74.5 million), fuelled by data monetisation and effective cost management despite aggressive price competition by other telecommunication players, according to financials released by Malaysian parent ...

Post Staff
http://www.phnompenhpost.com/business/smart-posts-q1-growth-despite-stiff-competition

PPWSA profits up three-fold during Q1

Revenue for the state-owned water utilities firm Phnom Penh Water Supply Authority increased 33 per cent for the first three months of 2015, compared to the same period last year, while net profit almost tripled. ...

Charles Rollet
http://www.phnompenhpost.com/business/ppwsa-profits-three-fold-during-q1

Ethnic group press for communal title

Economic land concessions granted to a pair of Vietnamese companies in Ratanakkiri’s o’Yadav district were endangering the traditional lifestyles of as many as 200 ethnic-minority families, villagerstold the Post yesterday. As the companies actively cleared forest to make room for the eventual rubber plantations, the government ...

http://www.phnompenhpost.com/index.php/2012121160207/National-news/ethnic-group-press-for-communal-title.html

King Father Mementos a Big Business for City's Vendors

Portraits of the late King Father Norodm Sihanouk covered the floor and dozens of coin-sized badges emblazoned with his image were scattered on the sidewalk in front of the Singha Mean printing house yesterday. Kuo Ransiky, the 41-year-old owner of the printshop on Phnom Penh’s street ...

http://www.cambodiadaily.com

As Cambodia Courts US Business, Old Problems Remain

As a delegation of US business owners prepares to travel to Cambodia with US Secretary of State Hillary Clinton, analysts say they will be tough to court, given Cambodia’s lack of law enforcement. “Investors don’t bring guns, they don’t bring bodyguards—they bring money to invest,” said ...

http://www.voanews.com/khmer-english/news/As-Cambodia-Courts-US-Business-Old-Problems-Remain-161487205.html

For Royal Group, sale not desired

Executives from Australia and New Zealand Banking Group Limited (ANZ) and local partner Royal Group of Companies (RGC) both went into damage control yesterday after comments by ANZ chief executive officer Mike Smith suggesting the joint banking venture between the two was on the rocks. Royal ...

Daniel de Carteret
http://www.phnompenhpost.com/business/royal-group-sale-not-desired

Cambodia's 'Elephant Valley' brings new hope to a last precious rainforest

An initiative to re-home abused, over-worked domestic elephants is supporting the conservation of one of Cambodia’s last and most species-rich rainforests, writes William Laurance. Growing ecotourism in the area, attracted by the elephants, is engaging indigenous communities in forest protection and helping to stave off ...

William Laurance
http://www.theecologist.org/News/news_analysis/2985902/cambodias_elephant_valley_brings_new_hope_to_a_last_precious_rainforest.html

UN criticizes Australian refugee policy

Australia’s refugee policies were condemned during a review by the United Nations Human Rights Council. Australia automatically detains asylum-seekers who arrive in the country without visas. Hundreds of detainees are sent for processing to offshore camps in the South Pacific in Papua New Guinea and ...

Phil Mercer
http://www.voacambodia.com/content/un-criticizes-australian-refugee-policy/3053177.html

Cambodia Will Host Forum of Rice Product to Boost Rice Export

The league of Association of Small and Medium Enterprises of Cambodia will conduct a forum on rice products in 17 october at Koh Pich center to boost the export of milled rice product to one million tons by 2015 as guided by the government. Cambodia ...

http://thesoutheastasiaweekly.com/

Development pushes poor from land as Cambodia dams its rivers

“From my view, I don’t want to have it, but it is development, we can’t stop them,” says Srekor’s village chief, Leang saroeurn. Cambodia’s impressive yearly GDP growth rates of 7 percent for the last decade have come, in part, through a ravenous consumption of the countries ...

Daniel Quinlan
http://asiancorrespondent.com/120212/development-drives-displacement-as-cambodia-dams-its-rivers/

Construction Approvals Grow

GOVERNMENT-apprOved cOnstructiOn prOjects sOared 84 percent year-On-year thrOugh July tO US$747.7 milliOn, which Officials called the biggest jump since the prOperty market bust three years agO. The number Of apprOved prOjects fOr the periOd reached 1,279, a decline frOm the 1,344 prOjects greenlighted in the first ...

http://www.phnompenhpost.com/index.php/2011082351195/Business/construction-approvals-grow.html

Cambodia's tax revenues from casinos up 12 pct last year

Cambodia earned tax revenue of over 25 million U.S. dollars from casino industry in 2014, up 12 percent year-on-year, a local Cambodian Television Network (CTN) reported Monday, citing a senior finance official. ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/cambodias-tax-revenues-from-casinos-up-12-pct-last-year-8349

Committee for work safety created

The government has established the National Committee for Health and Work Safety, to comprise in part officials from relevant ministries to review, give counsel and spread information related to health and work Safety. According to a sub-decree dated Monday and signed by Prime Minister Hun Sen, ...

Mom kunthear
http://www.khmertimeskh.com/news/32302/committee-for-work-safety-created/

ILO to name unsafe Cambodia garment factories

The ILO is preparing tO name CambOdian garment factOries failing tO cOmply with lOcal safety requirements. The InternatiOnal LabOur OrganisatiOn says CambOdian garment factOries refusing tO cOmply with safety requirements have One last chance befOre they are named and shamed. Jill Tucker, chief technical advisOr fOr ...

http://www.radioaustralia.net.au/international/2013-05-23/ilo-to-name-unsafe-cambodia-garment-factories/1134850

Wing Star workers to end strike

Employees at the Kampong Speu shoe factory where a ceiling collapse killed two workers last May are headed back to work today after more than a week on strike, but will take their demands to the Arbitration Council. ...

Mom Kunthear
http://www.phnompenhpost.com/national/wing-star-workers-end-strike

Electronics workers call for child care

About 700 workers at a Svay Rieng province electronics factory were to demonstrate for the third day today after management refused their demands for access to child care and the reinstatement of five union leaders. The provincial department of labour yesterday proved unable to sway management ...

Chhay Channyda
http://www.phnompenhpost.com/national/electronics-workers-call-child-care

Factory faintings back on rise

More than 600 workers have fainted on factory floors so far this year, compared with about 800 such incidents over the whole of 2013, a Labour Ministry official said yesterday. Pok Vanthat, deputy director of the ministry’s labour health department and head of a committee that ...

Chhay Channyda
http://www.phnompenhpost.com/national/factory-faintings-back-rise

IOM raising funds to return rescued fishermen

As 58 Cambodian fishermen rescued from slavery in Indonesia await their travel documents to return home, the intergovernmental body organizing their return is attempting to raise money to pay for their travel because the Cambodian government is not offering any funds for their repatriation. ...

Alex Consiglio and Khy Sovuthy
https://www.cambodiadaily.com/news/iom-raising-funds-to-return-rescued-fishermen-82532/

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