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Water Authority Share Price Hits New Low

The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...

Hul Reaksmey
http://www.cambodiadaily.com/business/water-authority-share-price-hits%E2%80%88new-low-42002/

Petitions piling up for King

Pressure on King Norodom Sihamoni to delay today’s planned opening of the National Assembly ratcheted up a few notches over the weekend as the Royal Palace received two rounds of petitions allegedly representing close to 500,000 citizens requesting more time for party negotiations. The Cambodia National ...

May Titthara and Kevin Ponniah
http://www.phnompenhpost.com/national/petitions-piling-king

Gaming outfit reports loss

Entertainment Gaming Asia Inc (EGA), a NASDAQ-listed company that supplies NagaWorld Casino with slot machines and operates casinos in Poipet town and Pailin province, reported a net loss of $385,000 from continuing operations in the second quarter of 2013, according to a statement from the ...

http://www.phnompenhpost.com/business/gaming-outfit-reports-loss

Officials Breach Dam to Stop It From Bursting

Hundreds of families in Battambang province have been evacuated as authorities ordered a section of a dam to be cut away to release pressure on a reservoir that was threatening to burst and engulf the communities beneath it, as heavy rain continues to cause havoc ...

Ben Sokhean and Simon Henderson
http://www.cambodiadaily.com/news/officials-breach-dam-to-stop-it-from-bursting-44790/

Siem Reap sees property gains fuelled by tourism, economic integration

Siem Reap city land prices have continued to increase year-on-year since 2008, despite the impact of the global economic crisis elsewhere. Sorn Seap, general manager of KEY Real Estate, said that land prices in Siem Reap city in early 2014 saw an increase of 15 per ...

Sum Manet
http://www.phnompenhpost.com/real-estate/siem-reap-sees-property-gains-fuelled-tourism-economic-integration

CCAWDU leaders deny corruption during questioning at court

The Phnom Penh Municipal Court on Wednesday questioned three senior officials from the Coalition of Cambodian Apparel Workers’ Democratic Union (CCAWDU) who stand accused of embezzling $92,929. Speaking after questioning under the court’s deputy prosecutor Ek Chheng Huot, union president Ath Thorn denied siphoning off the ...

Khuon Narim
http://www.cambodiadaily.com/news/ccawdu-leaders-deny-corruption-during-questioning-at-court-55670/

Under a controversial new plan by the Ministry of Interior, ethnic Vietnamese – some living in Cambodia for generations – begin to see documents revoked

Behind the traffic police station in Kampong Chhnang town, set against the picturesque backdrop of the Tonle Sap, immigration officials gathered thousands of ethnic Vietnamese to begin a nationwide process of revoking “improperly” issued documents this week. The plan to review birth certificates, identity cards, passports ...

Kong Meta and Andrew Nachemson
http://www.phnompenhpost.com/national-post-depth/ethnic-vietnamese-some-living-cambodia-generations-see-documents-revoked

Visitors to Angkor Up 25 Percent in First Six Months

The number of visitors to Siem Reap’s Angkor Archaelogical Park in the first six months of the year increased about 25 percent over the same period last year, according to figures released yesterday by the Apsara Authority, which runs the site. According to the figures, ...

Seoul looks abroad for farmland

The South Korean government is looking to procure farmland aboard, approximately 380,000 hectares by the year 2018. The government is providing assistance to companies that lease arable land or buy stakes in overseas operations and are looking for such potential in Cambodia as well as ...

June Textiles Agrees to Compensate Workers

June Textiles Factory has agreed to compensate more than 4,000 workers who have lost their jobs when the factory burned down after months of protests and arbitration hearings. The announcement came from the Garment Manufacturers Association in Cambodia that the workers would be receiving the ...

June Textile to pay workers

June Textile Factory will compensation the more than 4,000 workers in accordance with an Arbitration Council ruling, granting the workers severance pay after the Phnom Penh factory burned down. According to Albert Teoh, administration director of June Textile Factory, all workers would receive the full ...

http://www.phnompenhpost.com/index.php/2011072550603/National-news/june-textile-to-pay-workers.html

Companies given right to develop wildlife land

The Cambodian government has reclassified 12,000 hectares of wildlife sanctuary to make way for agro-industry concessions for three companies, according to the royal book issued on March 19. The land has been cut from the Kulen Promtep Wildlife Sanctuary, the largest protected area in Cambodia, which ...

http://www.phnompenhpost.com/index.php/2012033055335/National-news/companies-given-right-to-develop-wildlife-land.html

Hun Sen defends new Consultation Forum

Prime Minister-designate Hun Sen on Thursday defended his establishment of the Consultation Forum, saying it gives opposition parties an opportunity to contribute to nation-building. Speaking to over 17,000 garment workers in Kandal province, the Cambodian People’s Party leader was responding to criticisms from some members ...

Ben Sokhean
https://www.phnompenhpost.com/national/hun-sen-defends-new-consultation-forum

Parliament passes minimum wage law

The National Assembly yesterday adopted a draft minimum wage law, which aims to promote decent living standards for the country’s 780,000 textile workers. More than 100 lawmakers passed the draft law with 33 articles which will benefit workers and the nation as a whole as ...

Khy Sovuthy
https://www.khmertimeskh.com/50498654/parliament-passes-minimum-wage-law/

Ministry to crack down on fake service charges

Tourism sector businesses will be fined up to 300,000 riel ($75) if caught imposing “service charges” without first applying to the Ministry of Tourism, an announcement issued on Monday said. The ministry’s director of the tourism, accommodation and food and beverage (F&B) management, Kim Serey ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/ministry-crack-down-fake-service-charges

Pig sale from ASF areas allowed

As African Swine Fever (ASF) ravages five Cambodian provinces, causing more than $600,000 in losses to local farmers, the Ministry of Agriculture, Forestry and Fisheries announced on Saturday it will now allow the sale of disease-free pigs from afflicted areas. A total of 3,211 pigs ...

Khorn Savi and Hin Pisei
https://www.phnompenhpost.com/business/pig-sale-asf-areas-allowed

Official briefs court on ELCs over logging

A senior Agriculture Ministry official on Tuesday appeared at Mondulkiri Provincial Court to clarify how companies, including a Vietnamese firm under investigation over illegal logging, are granted Economic Land Concessions. Mam Vanda, provincial court spokesman, yesterday said that Chan Savuth, a ministry secretary of state, provided ...

Khy Sovuthy
https://www.khmertimeskh.com/50642910/official-briefs-court-on-elcs-over-logging/

Salt body to import 30k tonnes from Thailand, China

The Kingdom will import 30,000 tonnes of salt to meet domestic demand as stockpiles are expected to empty by November, a leader from the Salt Producers Community of Kampot-Kep said. Citing the impact heavy rains have had on the industry, co-executive director of the body, ...

Hin Pisei
https://www.phnompenhpost.com/business/salt-body-import-30k-tonnes-thailand-china

Rural road work continues to boost livelihoods

The Rural Development Ministry last year paved more than 40,000 kilometres of roads in rural areas to accommodate business travel. According to the ministry’s annual report, in 2018 ministry officials worked with development partners to pave 39,045 kilometres of dirt road, 165 kilometres of asphalt ...

Sen David
https://www.khmertimeskh.com/50574457/rural-road-work-continues-to-boost-livelihoods/

Indonesia needs cheaper rice

Indonesia would consider buying more rice from Cambodia if the price was more competitive, the Indonesian ambassador to Cambodia told reporters after the Indonesian Trade and Tourism Promotion 2016 expo in Phnom Penh on Friday. Ambassador Pitono Purnomo said that Cambodia and Indonesia signed a ...

Sok Chan
http://www.khmertimeskh.com/news/30146/indonesia-needs-cheaper-rice/

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