The Phnom Penh Post

After being found guilty yesterday, the Phnom Penh Municipal Court handed four men prison sentences and fines for their involvement in a smuggling ring, which brought more than two and a half tonnes of illegal cold medicine into the Kingdom from South Korea. Both men ...

A statue of assassinated former Free Trade Union president Chea Vichea will be meaningful to Cambodians and in keeping with the beauty of Phnom Penh, municipal governor Kep Chuktema said yesterday, but where the money for the memorial will come from remains an open question. Kep ...

The march of a thousand villagers in Ratanakkiri province’s Lum­phat district, planned for yesterday, was cancelled after provincial authorities promised to help settle their long-running land dispute. Adhoc coordinator in Ratanakkiri Pen Bunnar said the provincial governor had appealed to villagers in a meeting over the ...

More than 400 protesting workers at In Han Sung factory in the capital’s Por Senchey district will be told this morning that their bosses have agreed to two of their demands and expect them to return to work immediately. ...

The Cambodian government floated the possibility of legislation to help clarify the roles of different actors involved in disaster management yesterday, the UN humanitarian chief said. ...

Toll Group has informed the Cambodian government that it will suspend all railway operations and lay off half of its Cambodian staff at the end of the month, according to a source familiar with the situation. The Australian logistics firm, which in partnership with Royal Group ...

Cambodia’s first association for expanding business opportunities and financing for women was launched on Saturday. The Cambodia Women Entrepreneurs Association would seek to enhance the competitiveness of businesswomen in the growing ASEAN market, which was set to integrate by 2015, Seng Takakneary, president of the new ...

PRASAC Microfinance Institution, Cambodia’s biggest MFI by outstanding loans, has received a US$2 million loan from the Netherlands Development Finance Company ...

The value of medicine and medical equipment imports increased about five per cent year-on-year in 2011, according to the Ministry of Commerce. ...

Cambodian NGOs were drawing battle lines and choosing sides in the run-up to the ASEAN summit, activists said yesterday. Two separate “ASEAN People’s Forums” are being organised by local NGOs. The first, from March 28 to 30, is expected to draw more than 2,000 groups.   ...

Svay Rieng provincial prosecutor Hing Bunchea has refused to clarify what triple shooting suspect and deposed Bavet town governor Chhouk Bandith said to him after contradictory statements from him were printed in different news publications last week. On Thursday, Hing Bunchea told the Post that Chhouk ...

A rift is widening between two groups at Boeung Kak lake despite the Phnom Penh municipal authority approving a sewage system both parties had requested. About 60 Boeung Kak residents used a press conference about land titles yesterday to criticise city hall’s decision to approve a ...

More than 600 villagers from four provinces and civil society organisation officials would em­bark on the largest community crackdown yet on the “anarchic logging” of Prey Lang forest in Kampong Thom, representatives said yesterday. ...

One woman was killed, several villagers injured and more than 80 houses destroyed or badly damaged by storms that swept through the provinces of Siem Reap, Banteay Meanchey and Mondulkiri over the weekend, provincial officials said yesterday. “I have never seen this kind of storm ...

It was the grimmest of homecomings yesterday for the family of Ouk Sakan as the body of the 40-year-old domestic worker was repatriated from Malaysia, ending a bleak vigil that began with her death more than four months ago. Na Rith said his cousin had worked ...

CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...

On the post office square, a beautiful Art Deco building now houses the restaurant Van, an insurance company and the offices of the AFD (French Development Agency). An inquiring mind will not fail to notice on the gates the presence of little medallions with the ...

Internet service protocol company Mega will join the Cambodia’s gaggle of active providers today after launching an unconventional marketing campaign that sought to stir curiosity. Four billboards without a clear company name appeared around Phnom Penh in early January. “Something Mega is coming soon” the ad, ...

A casino complex on top of Kampot province’s Bokor Mountain will open in less than two weeks – but environmental groups are strangely quiet about the effects the development, the size of a small city, could have on Cambodia’s natural heritage. The complex, in the Preah ...

The laws and regulations that govern Cambodia’s securities market were derived from the Objectives and Principles of the International Organization for Securities Commissions (IOSCO) and the best practices in the region, according to Dr. Ming Bankosal, Director General of the SECC. the SECC which ...

The Cambodia Securities Exchange (CSX) is an important component of a larger ecosystem of capital markets, according to Eugene Lam, CEO of OSK Indochina Securities Ltd, one of Cambodia’s securities underwriters approved by the Securities and Exchange Commission of Cambodia (SECC). Lam says one of ...

It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...

The head of the underwriting team that will launch Cambodia’s first IPO April 18 is Han Kyung Tae, Managing Director of Tongyang Securities (Cambodia) PLC and a South Korean stock market specialist. Tongyang Securities (Cambodia) Ltd. is the Cambodian subsidiary of Tongyang Group, a South ...

Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ...