News

Borei Keila Evictees Protest Delayed Court Hearing

About 20 former residents for the Borei Keila community protested outside the Phnom Penh Municipal Court yesterday after a judge delayed a hearing regarding their land dispute with the powerful Phanimex company, a lawyer for the residents said. The residents filed a complaint against Phanimex ...

Act on environment, UN urges

The government needs to enforce legislation on protecting the environment, even as it gives away masses of land and resources in concessions, or risk jeopardising its economic future, the UN assistant secretary-general for disaster risk reduction said yesterday. “The most critical impact of disasters today is ...

http://www.phnompenhpost.com/index.php/2012042755821/National-news/act-on-environment-un-urges.html

Chut Wutty slain: another chapter in bloody history

With his slaying yesterday in the jungles of Koh Kong province, Chut Wutty becomes one of the highest-profile members yet on a dark list of Cambodian activists who have been killed for making a stand against greed and corruption. Although the details of his death remain ...

http://www.phnompenhpost.com/index.php/2012042755825/National-news/another-chapter-in-bloody-history.html

Chut Wutty's wife says he was target for murder

The wife of slain environmental activist Chut Wutty today rejected early police accounts of the circumstances around his shooting death, saying she believed he had been targeted for death for his work in protecting Cambodia’s endangered forests. Speaking to the Post by phone, 40-year-old Sam Chanthy, ...

http://www.phnompenhpost.com/index.php/2012042755827/National-news/chutty-wuttys-wife-says-he-was-target-for-murder.html

Tonle Sap illegal fishing increased, group says

Tonle Sap fishermen and fisheries experts said yesterday that illegal fishing on the lake had increased substantially since Prime Minister Hun Sen cancelled commercial fishing lots in March and urged authorities to crack down on violators. The prime minister suspended commercial lots across the country last ...

Cambodia, Japan team up to diversify economy

Government officials have joined forces with Japanese experts to formulate a new plan for economic diversity in Cambodia. Foreign direct investment in Cambodian industry has largely gone to garment manufacturing during the past 10 years, putting the country at risk of economic shock in the event ...

http://www.phnompenhpost.com/index.php/2012042755808/Business/cambodia-japan-team-up-to-diversify-economy.html

Puma wants facts behind governor's charge

German sportswear brand Puma is seeking information on why the Svay Rieng Provincial Court decided to charge former Bavet City Governor Chhouk Bundith with causing unintentional injuries, a Puma representative said yesterday. Mr Bundith is the sole suspect in a shooting in Bavet City on February ...

Trading volume drops on new Cambodia Securities Exchange

The Cambodia Securities Exchange has seen a sharp decrease in action this week, with trading volume yesterday falling to 3,453 shares, down nearly 100 per cent from Monday. Despite the drop, which was accompanied by a strong shift from institutional to retail investors, experts have stressed the time ...

http://www.phnompenhpost.com/index.php/2012042755811/Business/trading-volume-drops-on-new-csx.html

Cambodian officer killed environment activist then took own life, army says

The Cambodian military has concluded that one of its own police officers killed a prominent environmentalist then took his own life in an incident in a forest rife with illegal logging. Chut Wutty had been taking photographs on Wednesday in a forest where a Chinese company ...

http://www.guardian.co.uk/world/2012/apr/27/cambodian-soldier-environment-activist-army?INTCMP=SRCH

Malaria cases up among laborer community

Cambodia has made real progress in decreasing cases of malaria – already surpassing the Millennium Development Goal for malaria four years ahead of the 2015 target – but certain communities still face major challenges in combating the disease, officials said yesterday on World Malaria Day. Although ...

High electricity rates spark Kompong Cham protest

Residents in Kompong Cham province’s Kompong Siem district yesterday continued to protest in front of a commune official’s house for a second straight day over a private electricity provider whose rates they say are too high. Protesters say that Loun Sopheap Electric Company is still charging ...

Sihanoukville Port plans to list on stock exchange in July

While the Phnom Penh Water Supply Authority’s (PPWSA) share price continued to fall yesterday, a second state firm came a step closer to joining it on Cambodia’s nascent stock exchange by announcing plans to register by the end of July. At a ceremony marking the first ...

Bandwidth boost underway

Fuelled by downward pressure on internet pricing, state-owned Telecom Cambodia had dramatically increased its fibre-optic link with Vietnam, officials and experts said. The new 10-gigabyte connection would further lower prices and boost the speed of Cambodian internet connections in a market where demand for bandwidth was driven by ...

http://www.phnompenhpost.com/index.php/2012042655784/Business/bandwidth-boost-under-way.html

Thai protesters rally against Xayaburi dam construction

Protests over construction of the controversial Xayaburi hydro dam project in northern Laos could spread from Thailand to Cambodia as communities along the Mekong River begin to feel its negative effects, an International Rivers programme director said yesterday. About 70 Thai villagers who rely on the ...

http://www.phnompenhpost.com/index.php/2012042655799/National-news/thai-voices-join-chorus-against-dam.html

Environmental activist Chut Wutty shot dead

Cambodia’s most outspoken activist against illegal logging was shot dead today while escorting journalists near a protected forest in Koh Kong province, where he has repeatedly attempted to expose illegal logging rackets that include military officials. Chut Wutty, the director of Natural Resource Protection Group, was ...

http://www.phnompenhpost.com/index.php/2012042655803/National-news/environmental-activist-chut-wutty-shot-dead.html

Cashew nut harvest likely to decline

As the end of this year’s cashew harvest nears, the yield in two major producing provinces has fallen compared with last year, officials and farmers said, while traders said that the price of the nuts had also dropped since last year. In Kompong Cham province, this ...

Stocks still an unknown for many Cambodians

Despite interest in participating in the stock market, confusion as to how and where to invest in the Cambodia Securities Exchange still persists among many Cambodians without close ties to or backgrounds in trading. After the much-anticipated and long-delayed launch of CSX trading last week, Soun Sokret, an ...

http://www.phnompenhpost.com/index.php/2012042555749/Business/stocks-still-an-unknown-for-many-cambodians.html

Stock trading sees first glitches

Share prices on the Cambodia Securities Exchange yesterday fell for the first time since trading began a week ago, as technical problems reportedly caused a 90 per cent drop in the amount of shares traded. Phnom Penh Water Supply Authority shares dropped 4.9 per cent to 9,700 riel (US$2.44). The ...

http://www.phnompenhpost.com/index.php/2012042555750/Business/csx-sees-first-trading-glitches.html

Beeline officials mum on sales buzz

Questions remained yesterday about the fate of mobile operator Beeline Cambodia following the sale of parent company Vimpelcom’s Vietnamese assets earlier in the week. Despite a report on Tuesday in the Russian newspaper Kommersant that sources close to Vimpelcom’s shareholders had said the sale of Cambodian operations was under consideration, company officials ...

http://www.phnompenhpost.com/index.php/2012042555751/Business/beelines-future-in-kingdom-unknown.html

Hun Sen aims to attract more Japanese money

Japan’s Sumi Wiring Systems Co Ltd launched production of automobile wiring this month, a company official said yesterday. Japanese companies such as Sumi and Minebea, a ball-bearings maker, have helped Cambodia’s manufacturing industry diversify away from garments, the country’s main manufacturing product and export, and Prime Minister Hun Sen ...

http://www.phnompenhpost.com/index.php/2012042455725/Business/hun-sen-aims-to-attract-more-japanese-money.html

Demand slow for Phnom Penh office space

Slow demand for office space in Phnom Penh is leaving the owners of high-rise buildings constructed in recent years struggling to find clients, according to real estate experts. But construction of the Vattanac Capital Tower, a $150 million, 36-story building slated to open its first ...

SH protesters to keep striking

More than 700 workers at the SH International factory in the capital’s Po Sen Chey district have vowed to keep striking, despite the Ministry of Labour saying it could not help solve their dispute because their demands were “excessive”. The workers protested again yesterday outside the ...

http://www.phnompenhpost.com/index.php/2012042455736/National-news/sh-protesters-to-keep-striking.html

Police, villagers clash over CPP land dispute

Villagers and police clashed Sunday after excavators moved in to prepare work on a disputed plot where authorities will build a CPP commune office in Stung Treng City’s Preah Bat commune, officials said yesterday. Hou Sam Ol, provincial monitor for local rights group Adhoc, said Stung ...

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