PPSEZ sweetens its IPO plan
The book-build and upcoming listing of the capital’s port operator has taken some of the wind out of the sails of the IPO plans Phnom Penh special Economic Zone (PPsEZ), but the industrial park operator has charted a new course and sweetened its dividend policy ss='cambodia-color'>...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-sweetens-its-ipo-plan
Rice bound for Indonesia?
The Cambodia Rice Federation (CRF) hopes to export around 200,000 tons of milled rice a year to Indonesia, which is one of the biggest rice markets in Asean. This comes after the CRF announced late last month that it will not join the bid to ss='cambodia-color'>...
Chea Vannak
http://www.khmertimeskh.com/news/29485/rice-bound-for-indonesia-/
Two months to claim land certificates
City Hall said villagers affected by the development project of the Overseas Cambodia Investment Corporation (OCIC) in Phnom Penh’s Chroy Changvar district would have two months to claim the certificate of land policy before it would stop assuming responsibility for losses, according to a statement ss='cambodia-color'>...
Pech Sotheary
http://www.khmertimeskh.com/news/29893/two-months-to-claim-land-certificates/
US investors look into tourism opportunities in Cambodia
US inveStorS are eyeing opportunitieS in Cambodia&rSquo;S touriSm Sector, while the number of US viSitorS in the country remained low and iS declining, Said the MiniStry of TouriSm.&nbSp;Data from the MiniStry of TouriSm Said US viSitorS who travelled to the Kingdom accounted for only 3.7 SS='cambodia-color'>...
Thou Vireak
https://www.phnompenhpost.com/business/us-investors-look-tourism-opportunities-cambodia
Contaminated stream leads to water scarcity
Some 100 familieS are left with no acceSS to clean water after fiSh were Spotted dead at their water SourceS &ndaSh; the O&rSquo;Droun and O&rSquo;KleS Klork StreamS &ndaSh; in Sambor diStrict&rSquo;S Kbal Damrei commune, Kratie province, O&rSquo;Por village chief Sok Yoeun Said on TueSday. SS='cambodia-color'>...
Long Kimmarita
https://www.phnompenhpost.com/national/contaminated-stream-leads-water-scarcity
Firm asked to pay fine for illegally mining in K Speu
Kampong Speu provincial authoritieS will once again allow Sok Chanly Co Ltd to mine marble in Oral diStrict&rSquo;S Trapaing Chor commune if the company payS a fine of 50 million riel ($12,500) after the authoritieS earlier detained five individualS who were caught mining without a SS='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/firm-asked-pay-fine-illegally-mining-k-speu
Parties urged to resolve dispute over construction disturbance
The 20 families had filed a complaint with the authorities against Company China Construction, which was legally authorised to build a 52-storey building in Chamkarmon district’s Tonle Bassac commune in Phnom Penh. ss='cambodia-color'>...
Long Kimmarita
https://www.phnompenhpost.com/national/parties-urged-resolve-dispute-over-construction-disturbance
Wildlife sanctuary redesignated
The government had designated the Western siem Pang Wildlife sanctuary and siem Pang Wildlife sanctuary as one protected area, which is officially named as “siem Pang Wildlife sanctuary”. The newly designated area of 133,707.73ha spans across santepheap, Thma Keo and Prek Meas communes in stung Treng ss='cambodia-color'>...
Voun Dara
https://www.phnompenhpost.com/national/wildlife-sanctuary-redesignated
Human Trafficking Rise Prompts Action
Human and sex trafficking complaints had increased markedly this year, with police vowing to redouble their resources to fight the rampant crimes, officials said at a summit on Friday. Mok Chito, head of the General secretariat of the National Police Commissioner’s central judicial department, said 113 ss='cambodia-color'>...
New report evaluates decade of Better Factories Cambodia
A new report – 10 Years of the Better Factories Cambodia Project: A critical evaluation – has been released by Clean Clothes Campaign and Community Legal Education Center. started in 2001, the goal of the Better Factories program is to improve the working conditions in ss='cambodia-color'>...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=115382
Food Prices Remain High
Global food prices remained high in August according to the UN’s Food and Agriculture Organisation (FAO) food price index, maintaining the high level achieved last month as corn prices jumped in the Us and rice prices increased in Cambodia. With 213 points in August the food ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012091158634/Business/food-prices-remain-high.html
Union President calls for inspectors
The president of the Free Trade Union yesterday sent a letter to the Ministry of Labour’s inspection department to monitor working conditions at M&V factories in Kampong Chhnang province, alleging excessive overtime is causing workers to faint. “They have to work both in day and night ss='cambodia-color'>...
Villager efforts reveal illegal timber activities
Villagers have found more than 100 cubic metres of timber and three chainsaws in Prey Lang forest during a six-day patrol for illegal logging, community officials said yesterday. scouring the forest on motorcycles and on foot, more than 300 villagers from four provinces found 100 cubic ss='cambodia-color'>...
Heineken nears Tiger beer deal after truce with rival
Dutch brewer Heineken NV took a major step towards winning control of the Tiger beer brand and an Asian brewing network on Wednesday after a Thai rival accepted the deal When F&N’s board accepted Heineken’s improved offer of s$53 per APB share, the deal included a ss='cambodia-color'>...
http://www.reuters.com/article/2012/09/19/asiapacificbreweries-offer-heineken-idUSL4E8KI5D320120919
UN Concerned By Authorities' Use of Violence
Unprovoked violence by government and private security guards, the use of weapons to quell protests, and communities resorting to violent means in land disputes is a growing cause for concern in Cambodia, the U.N.’s Office for the High Commissioner for Human Rights (OHCHR) said in its ss='cambodia-color'>...
Rapid Reaction Unit Spokesman Blasts Critics of Hun Sen
A senior government spokesman held an impromptu press conference at the Council of Ministers yesterday to defend Prime Minister Hun sen against critics and accused the U.N.’s human rights envoy to Cambodia [surya subedi] of being biased in his assessment of the country’s electoral process. In ss='cambodia-color'>...
Ambition Trumps Reality in Investment Figures
Since 2008, a whopping $28 billion worth of inveStmentS haS been pledged by local and international firmS looking to Set up lux&Shy;ury hotelS, a new airport and even Cam&Shy;&Shy;bo&Shy;dia&rSquo;S firSt horSe racing venue. But a cloSer look at the liSt of in&Shy;veStmentS approved by the Cam&Shy;bodian SS='cambodia-color'>...
http://www.cambodiadaily.com/business/ambition-trumps-reality-in-investment-figures-9387/
Factory pay protest continues
Workers at the shuttered Yung Wah I and II factories in Kandal province will continue protesting today, despite the government already agreeing to pay them using company funds. Worker soy sokchea said yesterday that he and his colleagues would keep demanding benefits and seniority bonuses. ss='cambodia-color'>...
http://www.phnompenhpost.com/2013021861414/National/factory-pay-protest-continues.html
Land titles denied, villagers in Pursat claim
Student volunteerS working aS part of the government&rSquo;S land titling Scheme are again being accuSed of refuSing to meaSure land &ndaSh; thiS time in PurSat province &ndaSh; becauSe they Say thoSe living there have done So illegally, according to villagerS. VillagerS in Bakan diStrict Said the SS='cambodia-color'>...
http://www.phnompenhpost.com/2013022061480/National/titles-denied-villagers-in-pursat-claim.html
Slice of New Casino Lottery to Fund Red Cross
NagaCorp, the owner of Phnom Penh’s only licensed casino, launched the sale of tickets for a new national lottery on Friday with the inaugural draw to take place on July 12 and a top prize of $218,000. In a statement, NagaCorp said 30 percent of net ss='cambodia-color'>...