Cities

Sihanoukville

NGOs give support to summonsed worker

Charges against outspoken Adhoc head of monitoring Chan Soveth are baseless, politically motivated and threaten to undermine human rights work in Cambodia, a coalition of NGOs said yesterday. Soveth, who has been summonsed to court on August 24 over the vague charge of assisting “specific perpetrators”, ...

http://www.phnompenhpost.com/index.php/2012081658031/National-news/ngos-rally-support-for-summonsed-worker.html

Huge Chinese property project announced

Chinese firm Hainan Ruijin Investment Holding Company (HRIH) has announced an ambitious, US$5.8 billion property project including holiday resorts and high-rise apartments outside of Sihanoukville. Plans for the development, which has been dubbed Sihanoukville-Hainan City, have been approved by the Cambodian government. Further details, such as the ...

S'ville Families Get New Court Eviction Order

More than 100 families who had their evictions delayed on Thursday in observance of a nationally broadcast speech by Prime Minister Hun Sen have once again been ordered to move out, according to local officials. Provincial governor Sboang Sarath said yesterday that the provincial court had ...

Villagers in Sihanoukville Ordered off Disputed Land

The Preah Sihanouk Provincial Court has ordered villagers living on disputed land in Sihanoukville to leave the area by Thursday, according to a statement released by th the court yesterday. “We wish to inform people living in Muoy commune’s Phuom Bei village that on August 9, ...

Phnom Penh Autonomous Port pushes for IPO

Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...

http://www.phnompenhpost.com/index.php/2012072557594/Business/phnom-penh-autonomous-port-pushes-for-ipo.html

Cambodia’s largest port reports US$14-M revenues, + 14% in 1st 5 months of Y 2012

Cambodia’s largest Sihanoukville Autonomous Port (SAP) Saturday reported that it earned the total revenues of about US$14-M in the 1st 5 months of this year, + 14 rise from US$12.3-M at the same period last year. Goods exported through the port are mostly garment products and ...

http://www.livetradingnews.com/cambodias-largest-port-reports-us14-m-revenues-14-in-1st-5-months-of-y-2012-79160.htm#.UA5t32BREXw

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Cambodia + finance + 2012 http://www.google.com/search?q=Cambodia+%2B+finance+%2B+2012&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a#q=Cambodia+%2B+finance+%2B+2012&hl=en&safe=off&client=firefox-a&hs=RTV&rls=org.mozilla:en-US:official&prmd=imvns&source=lnms&tbm=nws&sa=X&psj=1&ei=zcgMUNzNFNGzrAfvxKzJCA&ved=0CEgQ_AUoAw&bav=on.2,or.r_gc.r_pw.r_qf.,cf.osb&fp=70de81fc0e583b3d&biw=1280&bih=863 Cambodia + financial services + 2012 http://www.google.com/search?q=Cambodia+%2B+financial+services+%2B+2012&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a#q=Cambodia+%2B+financial+services+%2B+2012&hl=en&safe=off&client=firefox-a&hs=L9p&rls=org.mozilla:en-US:official&prmd=imvns&source=lnms&tbm=nws&sa=X&psj=1&ei=8sgMUPHoKI_jrAfA2tDICA&ved=0CEMQ_AUoAw&bav=on.2,or.r_gc.r_pw.r_qf.,cf.osb&fp=70de81fc0e583b3d&biw=1280&bih=863 Cambodia + Stock Market + 2012 http://www.google.com/search?q=Cambodia+%2B+stock+market+%2B+2012&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a#q=Cambodia+%2B+stock+market+%2B+2012&hl=en&safe=off&client=firefox-a&hs=D5p&rls=org.mozilla:en-US:official&prmd=imvns&source=lnms&tbm=nws&sa=X&psj=1&ei=8scMUN–H5GrrAfohITJCA&ved=0CEQQ_AUoAw&bav=on.2,or.r_gc.r_pw.r_qf.,cf.osb&fp=70de81fc0e583b3d&biw=1280&bih=863 Cambodia + Stock Exchange + 2012 http://www.google.com/search?q=Cambodia+%2B+stock+exchange+%2B+2012&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a#q=Cambodia+%2B+stock+exchange+%2B+2012&hl=en&safe=off&client=firefox-a&hs=h5p&rls=org.mozilla:en-US:official&prmd=imvns&source=lnms&tbm=nws&sa=X&psj=1&ei=EMgMUMejJYfXrQehy-jHCA&ved=0CD4Q_AUoAw&bav=on.2,or.r_gc.r_pw.r_qf.,cf.osb&fp=70de81fc0e583b3d&biw=1280&bih=863 Cambodia + rice + 2012 ...

Toll Royal to Restart Rail Services Next Month

Less than four months after suspending work on Cambodia’s dilapidated railway network, Toll Royal Railways (TRR), the network’s operator, has informed the government that it will recommence transporting construction materials needed to build the southern line on Aug. 1, company officials said yesterday. The decision to ...

Cambodia Reaching New Heights

As much of the world struggles with post growth, Cambodia’s tourism and hospitality sector continued to expand and diversify, attracting more intraregional activity and especially from major emerging markets in Asia, MICE segments, as well as traditional leisure clientele. Like neighboring countries Thailand, Vietnam, Malaysia and Laos, Cambodia has quickly emerged into a well sought-after tourist ...

http://thesoutheastasiaweekly.com/

As European leaders try to save the euro, uncertainty about fallout in Cambodia if they don't succeed

It’s after midnight in Sihanoukville and British teenagers are clogging the walkways, pushing past one another to drain free shots at the bars. In Kep, elderly French tourists sun themselves at the upscale Sailing Club while Spaniards and Germans eye the offerings at Phnom Penh’s Central Market. In spite of the growing fears ...

http://www.etmcambodia.com/blog.php?article=502

Electricity Prices to Rise For Thousands of Homes

The state-owned energy supplier Electricite du Cambodge (EdC) will increase the price of electricity in September for tens of thousands of homes in Phnom Penh and three other provinces due to a hike in the cost of energy being supplied by Vietnam, officials said yesterday. Ty ...

Cambodia Beer to Ship First Export Batch to Japan

Less than two months after opening a $60 million brewery on the outskirts of Phnom Penh, Cambodia Beer will be exported for the first time today when vessels carrying the beer set out for Japan from Sihanoukville Autonomous Port, according to a statement issued yesterday ...

Revenues for S'Ville Port Hit $14M in Five Months

Revenues generated at the Sihanoukville Autonomous Port increased 13.6 percent to $14 million in the first five months of 2012, compared to the same period last year, a port official said yesterday. Lou Kimchhun, director-general of the port, said that revenues came from a 9 percent ...

Sihanoukville port sees steady growth

Revenue at Sihanoukville Autonomous Port increased 13.6 per cent year on year between January and June, port officials confirmed yesterday. As the state-owned enterprise gears up for listing on the Cambodia Securities Exchange, the neighbouring Sihanoukville Special Economic Zone will play an increasingly important role in ...

http://www.phnompenhpost.com/index.php/2012070357157/Business/sihanoukville-port-growth.html

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

S'ville Port Likely to Miss Bourse Registration Date

An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...

Inspiring tech entrepreneurship

The arrival of Startup Weekend in Cambodia marked a new beginning for high-tech entrepreneurship as more than 80 people worked on all kinds of new business ideas all weekend at Yellow Tower across the Tonle Sap from The Riverside. Chief Marketing Officer Joey Pomerenke of Startup ...

http://www.phnompenhpost.com/index.php/2012062556987/Business/tech-entrepreneurship.html

Prisoners 'utilised' in violent eviction

Twenty convicts in Preah Sihanouk Provincial Prison were employed by military and local authorities to tear apart a nearby village on land slated for a second prison compound, villagers and rights groups alleged yesterday. However, prison authorities denied that any incarcerated people were involved in the ...

http://www.phnompenhpost.com/index.php/2012062557001/National-news/prisoners-in-eviction.html

Court rules Nautisco solvent

Nautisco Seafood Manufacturing, once Cambodia’s premier seafood-processing company, will not undergo government-brokered restructuring after a Cambodian appeals court yesterday declared the company solvent. The ruling was a first test for the law on corporate restructuring and insolvency. The decision sounds positive for the company. But now the ...

http://www.phnompenhpost.com/index.php/2012061556808/Business/court-rules-nautisco-solvent.html

Court Clears Leopard Capital in Loan Case

The Court of Appeal yesterday dismissed a complaint by the Canadian-Cambodian shrimp manufacturer Nautisco Seafood Manufacturing Inc. alleging that the private equity firm Leopard Capital had purposely indebted the company for its own personal gain. According to the Sihanoukville-based shrimp company’s complaint, Leopard Capital, a partner ...

Flights boost tourism to Cambodia’s seaside

Increased flight connections to Sihanoukville helped boost tourism figures in the seaside province during the first five months of the year, tourism officials said yesterday.   ...

http://www.phnompenhpost.com/index.php/2012061256738/Business/flights-boost-tourism-to-cambodias-seaside.html

March calls for end to child labour

More than 1,000 people marched in Sihanoukville yesterday to raise awareness of the exploitation of child labour, said rights workers. Kong Socheat, child rights advocacy co-ordinator for Licadho, said the province had been chosen for its high rate of child labour, especially in the fishing sector ...

http://www.phnompenhpost.com/index.php/2012061156717/National-news/march-calls-for-end-to-child-labour.html

Stevia Nutra Corporation Set to Launch Stevia Propagation Centre in Cambodia

Stevia Nutra Corporation — (The Company), an Agro-Management company focused on stevia agronomics is pleased to announce that it has successfully acquired 50 acres of prime agricultural land in Cambodia for its new innovative Stevia Propagation Centre (SPC). The property is located just outside the town ...

http://www.marketwatch.com/story/stevia-nutra-corporation-set-to-launch-stevia-propagation-centre-in-cambodia-2012-06-08

South Korea Donates Trucks to Cambodian Gov’t

The Republic of Korea donated more than 200 military trucks to the Cambodian government last month, a port official said yesterday. Sam Heng, administrative chief of the Sihanoukville Autonomous Port, said the 241 trucks were strictly for transportation. “The trucks arrived before the elections. They’re military cargo ...

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