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Stock market rings in PPAP

Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for ...

Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap

Government Approves Dam On Lower Sesan

The Council of Ministers on Friday signed off on the Lower Sesan 2 dam project in Stung Treng province, despite long-standing criticism leveled against the project by environmental groups who say it would adversely affect 100,000 people as a consequence of reduced access to fish. The ...

Farming implicated in climate change

Food production accounts for almost one third of global greenhouse gas (GHG) emissions, according to a study published last week by the agricultural research organisation CGIAR. Food systems, from growing crops and raising livestock to storage and transportation, contribute 19 to 29 per cent of global ...

http://www.phnompenhpost.com/index.php/2012110559558/Business/farming-implicated-in-climate-change.html

Charcoal prices rise in urban areas

Deforestation and Cambodia’s strong economic growth have resulted in an increase in the price of charcoal, an energy source the poor are dependent on, charcoal vendors say. The price of charcoal in Phnom Penh had increased at least 200 riel ($0.05) a kilogram compared to 2012, charcoal ...

http://www.phnompenhpost.com/2013022661597/Business/charcoal-prices-rise-in-urban-areas.html

Cambodia's gems and jewelry sector set to shine

Inside a nondescript villa in central Phnom Penh, men and women in white lab coats peer through lenses, carefully studying the magnified objects in front of them. But these aren’t biologists researching cell division or bacteria; these are gem testers concerned with inclusions and refractive indices on rubies, sapphires and other precious stones. They are working ...

http://www.etmcambodia.com/blog.php?article=499

Laos taps on single visa door

Lao PDR says it will consider joining Thailand and Cambodia’s single visa scheme launched late last year saying it will help to boost Mekong region tourism. A senior official at the consular department in Vientiane told the Vientiane Times, last week, that the government would hold ...

http://www.ttrweekly.com/site/2013/03/laos-keen-to-join-single-visa/

In Washington, ‘Mekong Days’ Puts River in Focus

Advocacy groups, environmentalists and policy-makers have wrapped up five days of events surrounding Mekong River issues in Washington. “Mekong Days,” a series of talks, films and other forums that ended Tuesday, highlighted issues in the region, where some 60 million people live. The Mekong River, a major ...

http://www.voacambodia.com/content/in-washington-mekong-days-puts-river-in-focus/1630640.html

Japan provides 36 mln USD grant aid to Cambodia for clean water, education

The government of Japan on Wednesday signed to provide a grant aid of 36 million U.S. dollars to Cambodia for a clean water project and a human resource development project. According to a press statement, the amount of 33.4 million U.S. dollars goes for the ...

Xinhuanet Staff
http://news.xinhuanet.com/english/business/2013-06/05/c_132432490.htm

Trip to rally leads to beating

Three monks at the Sansam Kosal pagoda were beaten by the deputy chief monk as they left to participate in Saturday’s opposition rally, though the deputy maintained yesterday that the incident had more to do with truancy than politics. The incident came just days after ...

May Titthara
http://www.phnompenhpost.com/national/trip-rally-leads-beating

An unsettling prospect

Resettlement studies are being carried out at the site of the proposed Stung Cheay Areng hydropower dam in Koh Kong province, officials said yesterday, amid suggestions that yet another Chinese company is now involved in the controversial project.Tou Savuth, Thma Bang district governor, said staff ...

Shane Worrell and Phak Seangly
http://www.phnompenhpost.com/national/unsettling-prospect

Condo market continues to grow despite over-supply

New projects involving 20 condo complexes are continuing to be built despite an already narrow market sector and a future surplus of condos in the Kingdom. According to research on the condo market by Bunna Reality Group in first half of this year, Phnom Penh now ...

Siv Meng
http://www.phnompenhpost.com/real-estate/condo-market-continues-grow-despite-over-supply

Comprehensive survey maps the lay of land prices in Phnom Penh

A report on land prices in Phnom Penh that claims to be the first of its kind has canvassed a large number of correspondents to comprehensively gauge property values in the city’s various districts and communes. Released on March 3, Land Price 2014, which was produced ...

Sum Manet
http://www.phnompenhpost.com/real-estate/comprehensive-survey-maps-lay-land-prices-phnom-penh

Government works on Australia refugee plea

Government officials have got to work parsing a controversial request that Cambodia, one of the poorest countries in the region with a spotty record handling refugees, take some of Australia’s asylum seekers. Australian Foreign Affairs Minister Julie Bishop made the request to Prime Minister Hun Sen ...

Zsombor Peter
http://www.cambodiadaily.com/news/government-works-on-australia-refugee-plea-54044/

Living on a dwindling trade

In Samrong Leu village, a picturesque community nestled deep in the verdant fields of Kors Kralor district, the acrid smell of smoke fills the air. Outside almost every house in this community, billows of smoke continuously emerge from the domes of homemade mud kilns, drifting around ...

Kevin Ponniah and Phak Seangly
http://www.phnompenhpost.com/national/living-dwindling-trade

VisionFund empowering rural women

VisionFund Cambodia, which took root in the Kingdom in 2003 as the result of a partnership with global NGO World Vision, aims to empower women and their families with small loans and other financial services, in additional to bolstering the education available for poor children ...

Moeun Nhean
http://phnompenhpost.com

Guidelines finalized for child workers in fisheries sector

The government on Friday finalized guidelines aimed at reducing the number of children who work in the fisheries sector and do not attend school, the Min­istry of Agriculture and Fisheries and the NGO World Vision said in a statement. World Vision said the guidelines, which it ...

Denise Hruby
http://www.cambodiadaily.com/news/guidelines-finalized-for-child-workers-in-fisheries-sector-54260/

Shukaku pushes forward at Boeung Kak

Local developer Shukaku will step up construction of its controversial Boeung Kak lake development project this month, beginning work on a drainage system and corporate office, a spokeswoman told the Post yesterday. An updated master plan of Shukaku’s Phnom Penh City Centre project – an ...

Shane Worrell and Mom Kunthear
http://phnompenhpost.com/national/shukaku-pushes-forward-boeung-kak

Scrutiny over hotel service fees in Cambodia

Major hotels are under the microscope after a labour rights group found that some have been failing to pass their entire service charge on to their staff, a violation of the Labour Law. Dave Welsh, country manager of the American Center for International Labor Solidarity(ACILS), said yesterday ...

http://www.phnompenhpost.com/2013021261316/National/scrutiny-over-hotel-service-fees-in-cambodia.html

ADB maps Kingdom's needs

The private sector and industry professionals were engaged yesterday in the first consultation with the Asian Development Bank (ADB) and the government in an effort to understand the factors affecting Cambodia’s economy, and ultimately determined that human capital, infrastructure, innovation and regulatory issues as the key areas ...

http://www.phnompenhpost.com/index.php/2012081457966/Business/asian-development-bank-maps-cambodias-needs.html

Possible benefits for Cambodia in Mekong Region trade

Cambodia could benefit more from trade in the Greater Mekong Subregion (GMS) by implementing time and cost, cutting measures and removing constraints on exports, according to a new book by the Asian Development Bank. During a media briefing yesterday, Brimble [senior country economist and author of ...

http://www.phnompenhpost.com/index.php/2012101259264/Business/cambodia-to-get-more-benefits-in-mekong-region-trade-adb.html

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