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NagaCorp raises $156 million from top-up placement

NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ss='cambodia-color'>...

http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx

Powerless Phnom Penh Struggles With Hot Season

As air-conditioning units slow to a halt, computers die and the lights go out, the frustration of local business owners and organizations in Phnom Penh is boiling over once again as the annual hot season blackouts have arrived. The 190-megawatt, Chinese-built Kamchay hydropower dam in ss='cambodia-color'>...

http://www.cambodiadaily.com/news/powerless-phnom-penh-struggles-with-hot-season-15655/

Hun Sen Seeks Chinese Help for Bridge Project

Prime Minister Hun sen yesterday urged China to come up with enough funding for Cambodia to build a 3.5km bridge across the Tonle sap and connect National Road 6 in Kampong Thom with Kampong Chhang province. speaking at a ground-breaking ceremony for a $20 million Chinese ss='cambodia-color'>...

http://www.cambodiadaily.com

SRP Commune Told to Stop Talking to Media about Dam

Officials from the stung Treng provincial forestry administration have warned a local sRP commune chief against speaking to the media about the clearing of trees from a 36,000-hectare site to become the reservoir of a giant hydropower dam in the area, the commune chief said ss='cambodia-color'>...

http://www.cambodiadaily.com

NEC Says Statement on Bloggers Not an Attack on Free Speech

Despite fears that a warning to users of social media and Internet blogs will dampen free speech, the head of National Election Committee (NEC) has insisted the intention was not to limit expression ahead of July’s national election. The NEC last week issued a statement requesting ss='cambodia-color'>...

http://www.cambodiadaily.com/news/nec-says-statement-on-bloggers-not-attack-on-free-speech-26791/

Gov’t revenues rise 11 pct

Government revenues totalled more than $700 million over the first four months of the year, an 11 per cent year-on-year increase, data from the Ministry of Economy and Finance (MEF) show. In total, the revenue made by the General Department of Taxation (GDT) rose by about ss='cambodia-color'>...

http://www.phnompenhpost.com/2013062166406/Business/gov-t-revenues-rise-11-pct.html

EuroCham Holds First Annual General Meeting

The European Chamber of Commerce (EuroCham) held its first annual general meeting Thursday at the sofitel Hotel in Phnom Penh where a board of directors was elected and the French and German chambers merged with EuroCham in order to reinforce the interests of European companies ss='cambodia-color'>...

http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/

‘Take it or leave it’

The uncle of a man who died in Thursday’s ceiling collapse at the Wing star shoes factory in Kampong speu province claimed yesterday that the company had threatened to give the family nothing if they did not agree to an on-the-spot payout. It came as a ss='cambodia-color'>...

http://www.phnompenhpost.com/2013052065719/National/take-it-or-leave-it.html

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 ss='cambodia-color'>...

http://www.phnompenhpost.com/business/chinese-bypass-local-fare

NEC Stands Firm, Will Not Hold Independent Election Inquiry

The National Election Committee (NEC) on Tuesday stood firmly behind its refusal to consider a proposal by the opposition CNRP for an independent investigation into the July 28 national ballot. statements sent between the CNRP and NEC—the last day for political parties to file reports of ss='cambodia-color'>...

Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/elections/nec-stands-firm-will-not-hold-independent-election-inquiry-38538/

Discount shops attracting crowds

Two thousand five hundred – for Mom Dalin, this is more than just a random number or the price of a coffee, it is her way of making a living. The 55-year-old sits at a small desk in her son’s shop on sihanouk Boulevard, within sight ss='cambodia-color'>...

http://www.phnompenhpost.com/2013062066378/Business/discount-shops-attracting-crowds.html

Local Stations in a Quandary Over Election Broadcasting Ban

WASHINGTON &mdaSh; Local FM radio Station operatorS Say they are uncertain whether they will drop programming from the Voice of America and other foreign-produced media, following the iSSue of a government ban on broadcaSting leading up to Election Day. A June 21 directive from the MiniStry SS='cambodia-color'>...

http://www.voacambodia.com/content/local-stations-in-a-quandary-over-election-broadcasting-ban/1706391.html

Cambodian textile workers who supply UK clothing stores ‘starving’ and suffering 'mass faintings'

By the time London Fashion Week comes to a close, 58 high-end designers will have shown their collections. Rail-thin models will have walked the runways. Debate will have raged over size zero. In Cambodia, meanwhile, garment workers stitching clothes that supply the UK high street are ss='cambodia-color'>...

Poppy Mcpherson
http://www.independent.co.uk/life-style/fashion/news/cambodian-textile-workers-who-supply-uk-clothing-stores-starving-and-suffering-mass-faintings-8820468.html

City Hall Denies Teachers’ Day, International Habitat Day Rallies

Phnom Penh City Hall has turned down two requests by non-governmental groups to hold rallies and marches to mark both International Teachers’ Day and the international day for housing rights. Housing Rights Task Force (HRTF), a local NGO, was denied permission to organize a rally at ss='cambodia-color'>...

Kuch Naren
http://www.cambodiadaily.com/news/city-hall-denies-teachers-day-international-habitat-day-rallies-44785/

Cambodian Opposition Leader Declares Political 'Stalemate'

Cambodian opposition leader sam Rainsy said his country has reached a political “stalemate” and is calling for a halt in international aid to the Phnom Penh government. Rainsy spoke to VOA during a visit to Washington, where he is trying to convince U.s. officials and others ss='cambodia-color'>...

VOA Khmer News Staff
http://www.voacambodia.com/content/cambodian-opposition-leader-declares-political-stalemate/1772674.html

Police will not ‘be as strict’

The roads surrounding In­dependence Monument will once again be blocked off as a planned three-day opposition rally kicks off this morning, but military police maintained yesterday that they will not be as tightly enforced as they were when frustration over delays erupted into violence last ss='cambodia-color'>...

Vong Sokheng and Stuart White
http://www.phnompenhpost.com/national/police-will-not-%E2%80%98be-strict%E2%80%99

Cambodia to Keep a Close Eye on Severe Typhoon Haiyan

Authorities said Thursday they were closely watching the development of the world’s big­gest storm to materialize so far this year as it hits the Philippines today before moving west toward Vietnam and Cambodia in the following days. “Our first step is to keep a close eye ss='cambodia-color'>...

Mech Dara
http://www.cambodiadaily.com/news/cambodia-to-keep-a-close-eye-on-severe-typhoon-haiyan-46751/

Garment Workers Block Road, Protest for Higher Wages

There were major traffic delays along Phnom Penh’s Veng sreng Boulevard in Pur senchey district Wednesday after about 200 garment workers from the Alim Cambodia Co. Ltd. garment factory formed a gated roadblock and protested for higher wages. A line of halted container trucks stretched for ss='cambodia-color'>...

Mech Dara
http://www.cambodiadaily.com/news/garment-workers-block-road-protest-for-higher-wages-46954/

Rule hanging over NA

A ruling party lawmaker and parliamentary spokesman said yesterday that the National Assembly will consider invoking an internal rule that could force the opposition party to replace its elected lawmakers with lower-ranked candidates from within the party if their boycott continues beyond a deadline. Principle 83 ss='cambodia-color'>...

Kevin Ponniah and Chhay Channyda
http://www.phnompenhpost.com/national/rule-hanging-over-na

Picking up the pieces

The sight of traffic moving easily and people milling about along Veng sreng Boulevard in the capital’s Meanchey district yesterday was a far cry from two days earlier, when the street was occupied by makeshift roadblocks, bonfires and military personnel carrying automatic rifles. While visible evidence ss='cambodia-color'>...

May Titthara, Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/picking-pieces

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