News

The Phnom Penh Water Supply Authority (PPWSA) will begin taking bids from investors tomorrow in order to determine the price and number of shares it will issue during its long-awaited initial public offering on Cambodia’s stock exchange, the company’s general director said yesterday. Investors will ...

Trading on the Cambodian Securities Exchange should begin at the end of March as the Kingdom’s first stock, Phnom Penh Water Supply Authority, prepares to consult and share information with potential investors this week. The company would host a “roadshow” for investors in anticipation of its ...

The Opposition SRP has asked the government to halt plans to proceed with the next hydropower dam slated for Koh Kong, saying that experiences with dams currently in construction in the province suggest the government has been unable to control the attendant illegal logging. In ...

About 1,000 workers returned to work at Kompong Cham province’s Manhattan Quing Dao Textile Corp yesterday after last week’s four-day protest, factory representatives said. Chan Seiha, the factory’s administration chief, said that the remaining 1,000 workers were not at work yesterday because the factory currently ...

The government has ordered all state institutions to start compiling a list of prices for all fee-based services so that individuals and companies can avoid informal payments, which were made illegal under the penal code last year, spokesman for the Council of Ministers Phay Siphan ...

The Ministry of Health, with support from the United States, yesterday launched a national public outreach campaign to raise awareness about the dangers of counterfeit and substandard drugs, which officials said posed a “serious threat” to public health. The campaign features a poster with the slogan, ...

Representatives from five communes in Koh Kong province are scheduled to hold a press conference in the capital today, appealing for government intervention in a land dispute with a Chinese development company that has spanned nearly four years. Lov Hov, a representative from Thmar Sar commune, ...

Despite Phnom Penh’s rapidly increasing traffic woes, it might take until 2035 for a public transport system in the Kingdom’s capital to be operational, government development partners said yesterday. The Japan International Cooperation Agency, which has been working with Cambodia’s government since 2001 on an ...

Another building is rapidly rising on the plot of land reserved for the tenth and last building promised to evicted Borei Keila residents. Behind 100 protesting evictees, construction workers continued pounding away yesterday at a steel structure that started coming up last week, along ...

Prime Minister Hun Sen yesterday said all of the country’s cities would compete with each other to beautify urban zones and attract more tourists in the newly devised Clean City contest. Nine Phnom Penh districts and 26 cities nationwide will be assessed on how clean ...

About 40 evictees form the Borei Keila community blocked a road in Phnom Penh’s Prampi Makara district for nearly two hours yesterday, protesting a letter written by municipal governor Kep Chuktekma stating that they had no right to state-provided housing. According to a copy of ...

The government wants to beautify Cambodian cities and has launched a competition to encourage the country’s urban centres to clean up their act. Speaking in front of a crowd of roughly 700 at the Peace Palace yesterday, Minister of Tourism Thong Khon said that the “Clean ...

Several RCAF soldiers sent by Banteay Meanchey provincial authorities to defuse a protest against an agro-industrial company Friday allegedly shot their weapons into the ground near a group of protesters, a villager and a rights worker said yesterday. The approximately 200 villagers were attempting to ...

Echoing remarks made by Cambodian Prime Minister Hun Sen earlier last week, economic experts agreed that the country’s gross domestic product (GDP) per capita would reach US$ 1,000 ( Bt30,377) this year, up from the estimated $900 at the end of 2011. Managing director of Acleda ...

The deaths of four more Cambodian over the past two weeks brings to 11 the number of people killed by Thai soldiers so far this year while illegally logging across the border. The death toll is fast approaching the 15 Cambodians killed in the entirety ...

A senior official at the state-owned Electricite du Cambodge (EdC) said yesterday that blackouts in Phnom Penh could persist until the onset of the rainy season in June. EdC last week began rationing power citywide, as Phnom Penh is currently short about 100 megawatts of ...

Government officials remained tight-lipped yesterday about progress in their investigation of the Feb. 20 shooting of three female garment workers during a strike and demonstration in Svay Rieng province’s Bavet city. On Feb 20, three women were wounded when a uniformed gunman opened fire at ...

Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...

Rocks were hurled, fires lit, hostages taken and the message delivered in no uncertain terms last week: Cambodians are increasingly willing to use violence against companies that intimidate them or ignore their demands. Twice – in Svay Rieng and Kampong Cham provinces – garment workers pelted ...

A Forestry Administration official has agreed to drop his complaint against three RACF soldiers he accused of shooting at him and fellow forestry officials in 2010 in exchange for $15,000, his lawyer said yesterday. However, officials for the Siem Reap Provincial Court and the Military ...

Two partners and about 20 employees at DFDL, a regional law firm that has consulted on some of Cambodia’s biggest investment projects over the past 16 years, stunned the company last weekend with an announcement of their departure to start a new tax advisory outfit. The ...

The government of China on Monday delivered office supplies and equipment worth $403,000 to Cambodia in order to ease the country’s burden when it hosts the ASEAN summit and related Summits this year. The office supplies and equipment included 200 sets of desktops, 60 sets of ...

Pailin’s juicy longans, a small beige-colored fruit renowned for its sweet taste, is on the way to becoming Cambodia’s third food product to attain Geographic Indicator (GI) status. The longan will join Cambodia’s only other GI-recognized food products: Kompong Speu palm sugar and Kampot ...

Over three years after Shukaku Inc started filling Boeung Kak lake with sand to make way for a CPP Senator’s massive real estate project, Google Maps has now completely erased the image of the lake, which the municipality’s year-end report says is now 95 percent ...