The Phnom Penh Post
Acleda’s third quarter profit sits at $27.06M
Cambodia’s largest bank Acleda Bank yesterday announced its third quarter results for 2015, reporting $27.06 million in profit for the quarter, up almost 50 per cent as compared to the same period last year. ...
Post Staff
http://www.phnompenhpost.com/business/acledas-third-quarter-profit-sits-2706m
Delegates ‘concerned’ about climate treaty
Cambodia’s government and civil society yesterday expressed worry over the lack of progress on finalising the draft text for an international climate change treaty set to be adopted at UN climate talks in Paris (COP 21) after the final round of negotiations concluded in Bonn, ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/delegates-concerned-about-climate-treaty
Mine site in crosshairs
Officials in Ratanakkiri province are preparing to take action against an illegal mining site that is said to have been operating since at least 2006 as part of ongoing efforts to reform the sector.Hun Bunthan, director of the province’s Mines and Energy Department, said that ...
Phak Seangly
http://www.phnompenhpost.com/national/mine-site-crosshairs
Party leaders ‘sue Sonando’
The cracks in Mam Sonando’s recently revived Beehive Social Democratic Party are widening, with a lawsuit against the party president, alleging he embezzled funds, slated to be filed at the Phnom Penh Municipal Court today on behalf of the party’s own leadership. ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/party-leaders-sue-sonando
Hun Sen thinks we can win: Sokha
Cambodia National Rescue Party deputy leader Kem Sokha on Saturday drew a positive message from Prime Minister Hun Sen’s recent warnings that an opposition election victory could lead to civil war, trumpeting it as acceptance from the premier that he could be defeated. Among the ...
Meas Sokchea
http://www.phnompenhpost.com/national/hun-sen-thinks-we-can-win-sokha
Expats protest PM’s visit
Prime Minister Hun Sen’s official visit to France sparked demonstrations organised by Cambodian expatriates in Paris over the weekend, prompting the Cambodian People’s Party (CPP) to issue a statement on Saturday condemning them for incitement and claiming they have no right to interfere with the ...
Alessandro Marazzi Sassoon and Vong Sokheng
http://www.phnompenhpost.com/national/expats-protest-pms-visit
Locals told to move from waterfall site
Preah Sihanouk provincial authorities have told residents around the Kbal Chhay waterfalls to leave the area or risk being ejected, amid concern over pollution of the popular tourist attraction. ...
Sen David
http://www.phnompenhpost.com/national/locals-told-move-waterfall-site
Siem Reap feels pinch of tourism downturn
Foreign tourist arrivals in Siem Reap fell 11.2 per cent during the first nine months of the year compared to the same period one year earlier, as the Kingdom’s top tourist gateway sees its most significant slowdown in visitor arrivals in decades, new government data ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/siem-reap-feels-pinch-tourism-downturn
Angkor Air spreads wings to Hanoi, Vientiane
National carrier Cambodia Angkor Air inaugurated a new daily flight from Phnom Penh to Vientiane and Hanoi yesterday as part of an expansion plan aimed at broadening its international services and revenue base.Tekreth Samrach, chairman of Cambodia Angkor Air (CAA) and secretary of state for ...
Sor Chandara
http://www.phnompenhpost.com/business/angkor-air-spreads-wings-hanoi-vientiane
Cambodia and China to cooperate on security
Cambodia has endorsed China’s appeals for greater ASEAN security cooperation in fighting terrorism following Friday’s ministerial dialogue on regional law enforcement and security in Beijing, according to Chinese state media. ...
Zoe Holman
http://www.phnompenhpost.com/national/cambodia-and-china-cooperate-security
UN urges against repatriating Montagnards
The United Nations’ human rights agency in Geneva has urged Cambodia to abide by its obligations not to forcibly return 13 Montagnard refugees to Vietnam and to register the claims of hundreds more asylum seekers living in limbo in Phnom Penh. ...
Alice Cuddy
http://www.phnompenhpost.com/national/un-urges-against-repatriating-montagnards
Rice scare in Poipet reveals plastic pieces
A rice-milling company has admitted to letting pieces of plastic from its machinery make their way into bags of rice after residents and authorities in Banteay Meanchey’s Poipet town raised fears of “plastic rice” upon finding their rice abnormally sticky since the Pchum Ben holiday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/rice-scare-poipet-reveals-plastic-pieces
Health Ministry calls for end to on-duty carousing
The Ministry of Health has issued a warning to provincial bosses, telling them to guarantee that staff members are not drinking and gambling on the job because it can “affect” the provision of care and emergency services for patients. ...
Pech Sotheary
http://www.phnompenhpost.com/national/health-ministry-calls-end-duty-carousing
Court demands senator’s laptop
The Phnom Penh Municipal Court has ordered jailed opposition Senator Hong Sok Hour and his defence lawyer to provide the imprisoned senator’s laptop as evidence to the court before 30 October. ...
Chhay Channyda
http://www.phnompenhpost.com/national/court-demands-senators-laptop
A downside to economic success
Experts warn that Cambodia’s imminent move up to lower-middle income status could lead to a drop in foreign aid and economic assistance. While the status upgrade would affirm Cambodia’s economic openness, higher wages and increasing foreign investment, it could also lead developed countries to scale ...
Ananth Baliga
http://www.phnompenhpost.com/business/downside-economic-success
Road safety efforts ‘insufficient’
A new study warns that a UN initiative to cut global road deaths in half by 2020 is on course to fail amid “clearly insufficient” efforts, with middle- and lower-income countries such as Cambodia at the forefront of the battle. ...
Charles Parkinson
http://www.phnompenhpost.com/national/road-safety-efforts-insufficient
Kep real estate comes of age
When Dan Kreis, founder, owner and operator of Kep Lodge Eco-Resort, arrived in Kep for the first time in 2005, he found only a handful of locally-owned guesthouses, less than 10 foreign residents, no supermarket, no electricity, no local bar, a coastline littered with little ...
James Whitehead
http://www.phnompenhpost.com/real-estate/kep-real-estate-comes-age
ILO seeks to raise attention on slavery
A new global treaty from the International Labour Organization (ILO) is calling on governments to step-up their commitment to tackling modern slavery in countries like Cambodia where forced labour remains endemic. ...
Zoe Holman
http://www.phnompenhpost.com/national/ilo-seeks-raise-attention-slavery
PM reflects on civil war’s origin
Prime Minister Hun Sen yesterday appeared to take a veiled swipe at the United States, insinuating that they were responsible for the decades of bloody civil war that engulfed Cambodia.Speaking ahead of today’s 24th anniversary of the Paris Peace Accords, which paved the way for ...
Meas Sokchea
http://www.phnompenhpost.com/national/pm-reflects-civil-wars-origin
Ownership of protected state land disputed
Local authorities in Kampong Speu province’s Oral district stand accused of selling off 370 hectares of protected land to different private buyers who have erupted into a dispute over who rightfully owns the area. ...
Phak Seangly
http://www.phnompenhpost.com/national/ownership-protected-state-land-disputed
Villagers, military face off on Siem Reap farmland
Farming families in Siem Reap province have asked local authorities to protect them from soldiers they say are trying to drive them from their land with intimidation tactics, including firing rifles close to villagers.Varin Commune Council member Prong Youn said yesterday that 123 families filed ...
Thik Kaliyann
http://www.phnompenhpost.com/national/villagers-military-face-siem-reap-farmland
Number of foreigners deported ramps up
The government deported 2,420 people from the Kingdom in the first nine months of 2015, according to updated figures from the General Department of Immigration released on the National Police website on Wednesday. ...
Igor Kossov
http://www.phnompenhpost.com/national/number-foreigners-deported-ramps
Techno flyover to open for Water Fest
The Techno flyover on Russian Boulevard, currently under construction, will be ready to help ease traffic congestion during next month’s Water Festival, Prime Minister Hun Sen announced yesterday. ...
Chhay Channyda
http://www.phnompenhpost.com/national/techno-flyover-open-water-fest
Moving beyond cash-on-delivery
WorldBridge Commerce announced yesterday the integration of Acleda Bank’s online payment services into its online shopping marketplace MAIO Mall. The partnership adds an online payment option to MAIO Mall’s existing cash-on-delivery model. The Post’s Ananth Baliga spoke to Tomas Pokorny, CEO of WorldBridgE Commerce, about ...
Post Staff
http://www.phnompenhpost.com/business/moving-beyond-cash-delivery