The Phnom Penh Post

Port IPO road show kicks off

On course to become the third listed company on Cambodia’s stock exchange, Phnom Penh Autonomous Port (PPAP) kicked off a road show for its initial public offering (IPO) yesterday to prospective investors.PPAP, the state enterprise that operates Cambodia’s second-largest port, is seeking to raise up ...

Cam McGrath
http://www.phnompenhpost.com/business/port-ipo-road-show-kicks

Kantha Bopha gifted royal residence

The King and Queen Mother have awarded a royal residence in Koh Kong province to the director of the Kantha Bopha Children’s Hospitals in a bid to relieve the financial burden on the facilities, which offer free treatment to all patients. ...

Chhay Channyda
http://www.phnompenhpost.com/national/kantha-bopha-gifted-royal-residence

Kampong Speu locals protest in long-running dispute

Several hundred villagers protested outside the Kampong Speu Provincial Hall yesterday, demanding the return of thousands lost to economic land concessions (ELCs) in a years-old land dispute with a Chinese company and a prominent tycoon. ...

Phak Seangly
http://www.phnompenhpost.com/national/kampong-speu-locals-protest-long-running-dispute

Loans to fight LGBT poverty

LGBT Cambodians driven into poverty by discrimination, and sometimes forced to sell sex to survive, may soon enjoy the benefits of a new online campaign designed to raise money to help them rebuild their lives. ...

Jamie Elliott
http://www.phnompenhpost.com/national/loans-fight-lgbt-poverty

PM: Wage may be too high

After weeks of occasionally tumultuous negotiations saw 2016’s minimum wage for garment workers raised to $140 earlier this month, Prime Minister Hun Sen warned yesterday that the new rate could cause factories to flee Cambodia, even though he was credited with personally intervening to push ...

Mom Kunthear and Charles Rollet
http://www.phnompenhpost.com/national/pm-wage-may-be-too-high

Gov’t pledges to step up land titling pace

The government yesterday vowed to finish distributing all land titles currently under consideration by 2020.In a speech, Im Chhun Lim, the minister of Land Management, Urban Planning and Construction, said the government was committed to improving land security in Cambodia in its bid to address ...

Sen David
http://www.phnompenhpost.com/national/govt-pledges-step-land-titling-pace

Garment unions weigh protests

Garment workers unions unhappy with next year’s recently announced $140 minimum wage for the sector will meet this week to determine whether or not to hold demonstrations to protest the disappointingly low figure.The unions were pushing for $160 a month when the government announced the ...

Mom Kunthear
http://www.phnompenhpost.com/national/garment-unions-weigh-protests

Crackdown in works for illegal RCAF plates

Military police have issued their own warning to those illegally using military licence plates on their vehicles, doubling down on a similar directive issued by the Ministry of Interior last month. ...

May Titthara
http://www.phnompenhpost.com/national/crackdown-works-illegal-rcaf-plates

Hun Sen talks poverty

Prime Minister Hun Sen has outlined Cambodia’s strategy for tackling poverty in a keynote speech to a United Nations forum in Beijing marking the 2015 International Day for Eradication of Poverty.Addressing the gathering of leaders on Friday, the premier lauded the 1 billion people brought ...

Zoe Holman
http://www.phnompenhpost.com/national/hun-sen-talks-poverty

Temple timber cutters sought

A authorities in Preah Vihear province are hunting 12 people, including an environmental protection official, suspected of involvement in illegally harvesting 10 luxury wood trees near the ancient archaeological site of Koh Ker. ...

Phak Seangly
http://www.phnompenhpost.com/national/temple-timber-cutters-sought

Kem Sokha spells out path to victory in 2018

Acting opposition leader Kem Sokha told supporters over the weekend that they must identify the strengths and weaknesses of the Cambodian People’s Party if they hope to claim victory in the 2018 election, and called on voters to keep a watchful eye when they go ...

Meas Sokchea
http://www.phnompenhpost.com/national/kem-sokha-spells-out-path-victory-2018

Eight boys ‘rescued’ from Kratie pagoda

Police in Ratanakkiri province on Saturday returned eight kidnapped boys to their families and arrested the man suspected of taking them away.According to police, the children were playing outside when Thai Phum, 63, allegedly asked them to come with him, leading them into a truck ...

Sen David
http://www.phnompenhpost.com/national/eight-boys-rescued-kratie-pagoda

Chinese arrivals to jump to 2M by 2020

Cambodian tourism authorities are formulating strategies to carve a larger share out of the Chinese outbound tourism market and have set a target of drawing over 700,000 Chinese visitors this year, and up to 2 million a year by 2020. ...

Sor Chandara
http://www.phnompenhpost.com/business/chinese-arrivals-jump-2m-2020

Festival traffic death toll holds steady

The number of traffic fatalities during the 2015 Pchum Ben festival was nearly the same as last year’s, dropping just three percent.34 people were killed in road crashes between October 10 and 12, one fewer than the 35 killed during the three-day holiday in 2014. ...

Chhay Channyda
http://www.phnompenhpost.com/national/festival-traffic-death-toll-holds-steady

Education Ministry dismisses exam score complaints

The Ministry of Education, Youth and Sport announced the results of a review of failed students’ complaints on Wednesday, stating that all exam results released in September were “correct.” ...

Chhay Channyda
http://www.phnompenhpost.com/national/education-ministry-dismisses-exam-score-complaints

PPAP seeks to generate $6.4M in IPO

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/ppap-seeks-generate-64m-ipo

Malaria money sits idle

Millions of dollars of aid money granted to Cambodia by the Global Fund to combat malaria have been left sitting in a bank account for more than a year, official documents seen by the Post show.The money remains untouched because the National Malaria Centre (CNM) ...

Jamie Elliott
http://www.phnompenhpost.com/national/malaria-money-sits-idle-0

Snaring leeches in their blood

Rokar village empties during the dry season as the workforce migrates to find more gainful employment. But when the monsoon arrives, they return, not to fish as has traditionally been their staple income, but for a more lucrative trade: catching leeches.Chinese demand for the bloodsucking ...

May Titthara
http://www.phnompenhpost.com/national/snaring-leeches-their-blood

Bank data show remittance flows rising

Cross-border remittance transfers continue to rise despite slower growth in Asian economies as more Cambodians seek work abroad to support their families back home, an economist said yesterday, commenting on recent data.Worker remittances, which comprise personal transfers by migrant workers to their households back home, ...

Sor Chandara
http://www.phnompenhpost.com/business/bank-data-show-remittance-flows-rising

Subpoena calls Adhoc activist for questioning

Human rights activist Ny Chakrya has received a subpoena to give evidence at Phnom Penh Municipal Court in the latest development in a defamation case against him that has been heavily criticised by international observers. ...

Pech Sotheary and Charles Parkinson
http://www.phnompenhpost.com/national/subpoena-calls-adhoc-activist-questioning

Alleged wildlife meat seller busted in B’bang

Authorities in Battambang province arrested a man on Wednesday for possession of 30 kilograms of illegal wildlife meat and body parts, after a raid on a property turned up pieces of bear, muntjac deer and civet. ...

Phak Seangly
http://www.phnompenhpost.com/national/alleged-wildlife-meat-seller-busted-bbang

Youth health care in focus

A set of new global standards for adolescent health care released by the World Health Organization (WHO) and UNAIDS this week indicate that a worldwide gap in health care provision for youths is magnified by Cambodia’s comparatively young population, officials and experts said yesterday. ...

Zoe Holman
http://www.phnompenhpost.com/national/youth-health-care-focus

Sustainable fishing tops ocean survey concerns

An international study of the health of the world’s oceans compiled by more than 65 experts this week ranked Cambodia 179 of 221 countries surveyed, confirming the fragility of the Kingdom’s marine environment. ...

Zoe Holman
http://www.phnompenhpost.com/national/sustainable-fishing-tops-ocean-survey-concerns

Government’s plan to develop public housing takes on shape

Phnom Penh’s public housing policy, aimed to provide affordable housing for the middle income class and low income class, is expected to boost the construction sector in Cambodia as an increased population and rapid urbanisation is expected to create a demand of more than a ...

Chan Muyhong
http://www.phnompenhpost.com/real-estate/governments-plan-develop-public-housing-takes-shape

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