The Phnom Penh Post

Subscription for the initial public offering of Sihanoukville Autonomous Port (SAP) opened yesterday, with its underwriter predicting a strong investor response following an oversubscribed bookbuilding exercise late last month. ...

The Kingdom’s leading palm oil producer has projected revenues of $20 million this year as it targets another record-setting year for crude palm oil exports. ...

Housing Development Association of Cambodia president Ly Hour has unveiled plans to erect a borey in Tboung Khmum province. ...

Earlier this month, Makro, a well-known wholesale supermart based in Bangkok, Thailand, began putting up signs on the zinc walls surrounding its sales office in Phnom Penh’s Sen Sok district, advertising its imminent opening at the end of the year. ...

The demand for shopping precincts has risen three percent in this year’s first quarter when compared to the same time last year, a study by Bonna Realty Group has shown. ...

The capital’s state-owned water utilities firm Phnom Penh Water Supply Authority (PPWSA) reported strong earnings in the first quarter of 2017, according to a filing to the Cambodian stock exchange (CSX) yesterday. ...

Cambodia’s GDP growth fell below the 7 percent mark for the first time since 2011 last year, signalling a need for the government to address the country’s low productivity and insufficient public infrastructure spending, according to a World Bank report released yesterday. ...

Total foreign direct investment receipts have remained consistent over the past five years, according to a new government report that incorporates central bank data. ...

A report by the Global Fund’s Office of the Inspector General (OIG) has confirmed evidence of corruption and nepotism at Cambodia’s National Malaria Centre (CNM), first revealed by The Post last year, calling the centre’s oversight “dysfunctional and unauditable”. ...

Cambodia’s National Election Committee yesterday concluded that its indelible ink – whose indelibility was called into question earlier this month when samples were reportedly washed off – is acceptable for use in the upcoming June 4 commune elections after publicly testing it on 16 people. ...

The Cambodia National Rescue Party yesterday celebrated its top female candidates before the upcoming communal elections at an event under the slogan “Thousands of Lights for Women”, though women’s rights activists criticised the strategy as lacking teeth in fostering greater representation for women. ...

A representative of business mogul Kith Meng’s Royal Group yesterday hit back at a report published by the National Police accusing the company of laundering illegal timber through the Lower Sesan II hydro power project. ...

Police officers, gendarmes and Forestry Administration officials yesterday discovered a large cache of valuable, illegally felled wood – which locals say was destined for Vietnam – after raiding a house in Stung Treng province linked to a prominent timber trader. ...

After two years and seven months of construction, a new complex housing 26 provincial departments in Siem Reap was officially inaugurated on land that once belonged to the Apsara Authority. ...

Cambodia hopes to leverage its membership in the Sustainable Development Investment Partnership (SDIP) to access much-needed funding for large-scale infrastructure development, state officials have said. ...

Cambodia could see massive investments as a result of China’s latest pledge to funnel an enormous sum into developing infrastructure as part of its New Silk Road initiative, an analyst said yesterday. ...

The local entrepreneur who brought the capital its first container night market is seeking government support to realise his vision for the country’s first custom-built floating market and entertainment complex. ...

Land Management Minister Chea Sophara called for the end of compensation negotiations with White Building occupants on Friday, drawing the line at $1,400 per square metre – far lower than the $1,800 sought by residents. ...

Talking up the risk of war during the coming election campaign can be expected to bring legal action from the National Election Committee (NEC), the body’s spokesman said yesterday, a day after the premier warned he feared conflict would ensue if his ruling Cambodian People’s ...

Cambodia sits at a crossroads in the Asean region, potentially making it a key part of regional economic development and trade flows, though improved infrastructure and more innovative financing approaches are still needed, infrastructure experts meeting in Phnom Penh said yesterday. ...

One of four new mining exploration permits, advertised publicly this week, is within the Prey Lang Wildlife Sanctuary map, coordinates reveal, sparking concern among activists and community members about the strength of the forest’s recently-acquired protected status.In the first public tender of fresh exploration licenses ...

With the Kingdom in the middle of a controversial “war on drugs”, six Mekong countries agreed yesterday to adopt a regional drug policy that puts health care first, and mandates police and judicial cooperation. ...

After spending the last three months under the watchful eye of their own personal retinue of bodyguards, nine endangered royal turtles successfully broke free from their shells on Tuesday and were transferred to the Koh Kong Reptile Conservation Centre, where they will be raised. ...

Southeast Asia’s youthful population is embracing the internet and rapidly connecting to the digital economy, creating enormous potential for economic growth throughout the region, panellists at the World Economic Forum on Asean said yesterday. Addressing a panel discussion on “The Asean Dream”, Kao Kim Hourn, the ...