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US Ambassador Calls for Election Investigation, NEC Reform

Repeating his country’s call for a transparent investigation into irregularities during the July 28 national election, the U.S. ambassador to Cambodia has urged the government to repair deficiencies in the electoral process. While some foreign governments have issued congratulatory messages to Prime Minister Hun Sen and ...

The Cambodia Daily
http://www.cambodiadaily.com/elections/us-ambassador-calls-for-election-investigation-nec-reform-38282/

Cambodia's bourse sees slow progress in 1st year of operations

The Cambodia Securities Exchange (CSX) has seen slow progress in its first year of operations because there has been only one listed firm and public knowledge about the stock market remains low, officials said Thursday. The CSX was officially launched trading on April 18 last year ...

Nguon Sovan
http://news.xinhuanet.com/english/world/2013-04/18/c_132320982.htm

Major banks show more agricultural sector trust

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...

http://www.phnompenhpost.com/2013050965499/Business/major-banks-show-more-agricultural-sector-trust.html

Ethical Sugar Group Suspends Tate & Lyle Over Plantations

An international group that promotes the ethical sourcing of sugar for the food and energy industries has suspended the membership of U.K. sugar giant Tate & Lyle for failing to answer complaints that it was buying from Cambodian plantations accused of stealing land from local ...

http://www.cambodiadaily.com/news/ethical-sugar-group-suspends-tate-lyle-over-plantations-35438/

Rice plots blocked at dam site

In a first step toward clearing villagers from land intended for a planned Koh Kong provincial hydroelectric dam, a Chinese development firm has blocked a road leading to plots where villagers have continued to harvest rice. Officials from Tianjin Union Development Group, which was awarded a ...

Sen David
http://www.phnompenhpost.com/national/rice-plots-blocked-dam-site

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/

Cambodia sends 4th batch of troops to Lebanon for U.N. peacekeeping mission

Cambodia on Tuesday dispatched the fourth batch of 184 soldiers to Lebanon to replace the third batch’s forces, whose one-year United Nations peacekeeping duties have come to an end. The civil engineering group would perform their one-year duties by clearing landmines, constructing roads, bridges, shelters and ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/17/c_132974000.htm

Gov’t Unveils Legal Plan to Break Garment Industry Strike

As mass demonstrations by garment factory workers continued Monday, the government laid out plans to bring an end to the labor unrest within the next three days, including suing union leaders in the courts and mobilizing security forces to take unspecified action. Signed by Council ...

Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/govt-unveils-legal-plan-to-break-garment-industry-strike-49763/

Singapore Invests in New Cambodian Bank

An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/

Gov’t looks to 2014 for adoptions

The long-awaited resumption of international adoptions may finally occur in the new year, officials from the ministries of Justice and Social Affairs said yesterday, though no time table is yet in place. While the freeze on adoptions – put in place in 2009 with the passage ...

Amelia Woodside and Sen David
http://www.phnompenhpost.com/national/gov%E2%80%99t-looks-2014-adoptions

NGOs, Sar Kheng talk investigation

Interior Minister Sar Kheng sat down with representatives from 10 civil society organisations on Friday for what Cambodian Center for Human Rights president Ou Virak described as a “very frank discussion” of how to handle the investigation into the multitude of alleged irregularities in last ...

The Phnom Penh Post
http://www.phnompenhpost.com/national/ngos-sar-kheng-talk-investigation

No criminal charges against hit-and-run officer

Police said Sunday that they will not pursue charges against Ek Sovannara—the son of a former Kandal provincial police chief—whose Lexus SUV on April 12 crashed into a motorbike carrying three men, killing one and causing the other two to have their left legs amputated. The ...

Aun Pheap
http://www.cambodiadaily.com/news/no-criminal-charges-against-hit-and-run-officer-58992/

Ratanakkiri homes razed as authorities move in

More than 400 people clashed with police and military police in Ratanakkiri province on Wednesday as authorities attempted to bulldoze their houses to make way for a rubber company plantation, villagers said. Authorities managed to bulldoze the houses of about 200 families, who they said had ...

Ben Sokhean
http://www.cambodiadaily.com/news/ratanakkiri-homes-razed-as-authorities-move-in-59341/

Shooting probe urged

UN rights envoy Surya Subedi wrapped up his six-day fact-finding mission to Cambodia yesterday by calling for a thorough investigation into security forces’ role in the deadly crackdown on garment workers early this month. He also offered to act as a mediator between the ruling Cambodian ...

Daniel Pye
http://www.phnompenhpost.com/national/shooting-probe-urged

Garment Makers Gear Up for IPOs

Two foreign-owned garment manufacturers will submit disclosure documents to Cambodia’s capital market regulator next month, the companies’ underwriter Phnom Penh Securities Firm Plc. said yesterday. The initial public offerings for the two private companies, expected by the end of the year, should boost action on the ...

http://www.phnompenhpost.com/index.php/2012062957093/Business/garment-makers-gear-up-for-ipos.html

Cambodia telco growth in 3G

Despite the hype surrounding the advent of fourth-generation mobile services, the bulk of growth and profits in Cambodian telecom remains in 3G networks, experts say. A recent study by London-based research firm Ovum notes that emerging markets such as Cambodia will see rapid growth in 3G ...

http://www.phnompenhpost.com/index.php/2012022954766/Business/kingdom-telco-growth-in-3g.html

A hard lesson in arithmetic

When Reaksmey (not his real name) was in high school two years ago, he and his classmates were urged to attend the supplementary classes taught by their teachers before and after regular school hours. For an hour before school and two to three hours after each ...

http://www.phnompenhpost.com/index.php/2012031455021/National-news/a-hard-lesson-in-arithmetic.html

Lower Sesan 2 Dam Would be 'Catastrophic'

Hydropower dams planned for the tributaries of the Mekong River, particularly the Lower Sesan 2, will have a “catastrophic” impact on fish stocks throughout the country, according to new research that calls for several planned dams to be reconsidered. Authored by an international group of ...

China trade talks unrelated to EBA uncertainties, government says

A Commerce Ministry official said on Thursday that initiation of talks with China for a free trade agreement were not linked to a potential suspension of the ‘Everything But Arms’ trade scheme. The Chinese Embassy in Phnom Penh announced last week that the two countries ...

Aun Chhengpor
https://www.voacambodia.com/a/china-trade-talks-unrelated-to-eba-uncertainties-government-says/5175305.html

Korea assists Cambodia on occupational safety

Cambodia and Korea have joined hands to study the legislation of occupational health and safety regulations for employees at factories and business enterprises. The project was initiated on Thursday at the Ministry of Labour and Vocational Training when Minister Ith Sam Heng met with Choi Heaeun, ...

Long Kimmarita
https://www.phnompenhpost.com/national/korea-assists-cambodia-occupational-safety

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