News

PPSEZ IPO fully subscribed

After an unexpected surge in Thai investor interest, Phnom Penh SEZ Plc has secured sufficient commitments to fully cover the strategic and bookbuild share allocations of its initial public offering (IPO), and has determined an issue price for shares to be listed on the Cambodian ...

Cam McGrath
http://www.phnompenhpost.com/business/ppsez-ipo-fully-subscribed

Cambodia waiting for WHO dengue vaccine approval

Although the number of dengue fever cases in Cambodia nearly tripled during the first 17 weeks of 2016 compared to the same period last year, a health official said a vaccine for the mosquito-borne virus still needs to be vetted by the WHO before local ...

Yesenia Amaro
http://www.phnompenhpost.com/national/cambodia-waiting-who-dengue-vaccine-approval

Sweden names new envoy to Cambodia

The Swedish Foreign Ministry announced on Wednesday that their current ambassador to Cambodia, Anna Maj Hultgard, will be moving on in September.   ...

Jack Davies
http://www.phnompenhpost.com/national/sweden-names-new-envoy-cambodia

Government says lawmakers must respect court summons

The Justice Ministry on Thursday rejected the opposition CNRP’s argument for refusing to be questioned by prosecutors over party Vice President Kem Sokha’s sex scandal, calling its claims of unconstitutional behavior “slander.” ...

Ben Sokhean
https://www.cambodiadaily.com/news/government-says-lawmakers-must-respect-court-summons-112226/

Fires burn large parts of Battambang forest

Fires have consumed more than 2,000 hectares of Prek Toal protected area in Battambang, killing some animals and destroying the breeding sites of multiple endangered species, Prek Toal project managers said yesterday. ...

Phak Seangly
http://www.phnompenhpost.com/national/fires-burn-large-parts-battambang-forest

Airports checked before aviation audit

A lack of inspectors, human resources as well as holes in wire fences have been found at Cambodia’s three airports during checks ahead of a UN aviation audit in October, according to officials. ...

Chea Vannak
http://www.khmertimeskh.com/news/24663/airports-checked-before-aviation-audit/

Philippines and Cambodia to protect migrant rights

In order to promote and protect the rights of migrants and migrant workers, Cambodia and the Philippines held their first bilateral roundtable meeting over migration earlier this week. ...

Mom Kunthear
http://www.khmertimeskh.com/news/24678/philippines-and-cambodia-to-protect-migrant-rights/

Ponzi scheme victims petition prime minister for intervention

Furious investors who claim they were cheated out of thousands of dollars by a now defunct financial firm that directed them to buy stock in a Hong Kong-based ponzi scheme set up camp in front of Prime Minister Hun Sen’s house on Thursday, imploring him ...

Khuon Narim
https://www.cambodiadaily.com/news/ponzi-scheme-victims-petition-prime-minister-for-intervention-112235/

Cambodia hosting valuers congress

Cambodia is hosting the two-day 19th ASEAN Valuers Association (AVA) Congress, the first time it has been held in the Kingdom. ...

Sum Manet
http://www.khmertimeskh.com/news/24665/cambodia-hosting-valuers-congress/

Rare ‘costumed ape’ sighted in forest

Robin Loveridge had rolled out of his hammock at dawn to go on a walk along the Sekong River in Siem Pang forest when he saw three bright gold faces peering down at him from the tree canopy. ...

Jonathan Cox
http://www.khmertimeskh.com/news/24674/rare----costumed-ape----sighted-in-forest/

EU calls for release of officials

The European Union (EU) has called on the government to release the Adhoc, National Election Committee and United Nations officials who have been charged and imprisoned over the sex scandal involving acting opposition party president Kem Sokha. ...

Taing Vida
http://www.khmertimeskh.com/news/24681/eu-calls-for-release-of-officials/

Things are looking up at The Peak

Construction on the $580 million project The Peak, a joint venture between local and Singaporean companies, started earlier this week on Tuesday. ...

Sum Manet
http://www.khmertimeskh.com/news/24666/things-are-looking-up-at-the-peak/

Exports to the US slip slightly

Cambodia’s exports to the United States, the second largest importer of local goods after the European Union, declined slightly during the first quarter of the year compared with the same quarter last year. ...

May Kunmakara
http://www.khmertimeskh.com/news/24662/exports-to-the-us-slip-slightly/

Passenger trains to run every weekend

Royal Railways announced yesterday that passenger service from Phnom Penh to Sihanoukville every weekend  ...

Post Staff
http://www.phnompenhpost.com/business/passenger-trains-run-every-weekend

Loggers sent back by authorities in Thailand

Nine Cambodians were arrested and sent back to Cambodia from Thailand yesterday after Thai soldiers allegedly caught them logging illegally in the Dangrek Mountains. ...

Sen David
http://www.phnompenhpost.com/national/loggers-sent-back-authorities-thailand

Japan to help with patent law

The Ministry of Industry and Handicraft and the Japan Patent Office (JPO) yesterday signed an agreement for facilitating patent grants to obtain protection in Cambodia. ...

Sum Manet
http://www.khmertimeskh.com/news/24606/japan-to-help-with-patent-law/

Non-communicable diseases rising threat

Health Ministry officials said that 43 percent of deaths in the Kingdom in 2014 were caused by non-communicable diseases, a figure which is expected to rise. ...

Mom Kunthear
http://www.khmertimeskh.com/news/24623/non-communicable-diseases-rising-threat/

Heat, water shortages affecting rare bird life

Conservationists are expressing concern that some of the Kingdom’s endangered birds are not reproducing this year due to extreme heat stress, inability to find enough food and habitat loss from wildfires and human encroachment. ...

Igor Kossov
http://www.phnompenhpost.com/national/heat-water-shortages-affecting-rare-bird-life

Homeless ‘don’t look good’

Police forcibly removed a dozen of the city’s homeless – four of them children – from the streets of central Phnom Penh yesterday, carting them off to the notorious Prey Speu Social Affairs Centre, where two people died last November. ...

Kong Meta and Erin Handley
http://www.phnompenhpost.com/national/homeless-dont-look-good

Two more nauru refugees volunteer to resettle in Cambodia

Two more refugees being held by Australia in an offshore detention facility have volunteered to relocate to Cambodia, an immigration official said on Wednesday, a sign that the teetering resettlement deal between the two countries has yet to run its course. ...

Aun Pheap and Zsombor Peter
https://www.cambodiadaily.com/news/two-more-nauru-refugees-volunteer-to-resettle-in-cambodia-112184/

Seeds for contract rice farming planted

The Cambodia Rice Federation (CRF) yesterday called on local rice millers, exporters, farmers, development partners and the Ministry of Agriculture to work together to promote contract farming to ensure the sustainable development of the rice industry of the country. ...

May Kunmakara
http://www.khmertimeskh.com/news/24605/seeds-for-contract-rice-farming-planted/

First oil refinery a step closer

Construction on a $3 billion oil refining plant, the Kingdom’s first, will start in October this year and is expected to be finished by the end of 2018, according to a senior executive at the signing of a memorandum of understanding (MoU) yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/24607/first-oil-refinery-a-step-closer/

Crackdown brings a halt to 78 trucks

At least 78 trucks carrying mining materials including gravel, sand and soil were stopped on National Road 3 by traffic police on Tuesday in cooperation with Mining Ministry officials. ...

Pav Suy
http://www.khmertimeskh.com/news/24614/crackdown-brings-a-halt-to-78-trucks/

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