Garment firm to list on CSX
The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...
http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html
Questions over China dams
Some questions remain about whether hydro dams on the upper Mekong River in China exacerbated conditions during Cambodia’s devastating drought of 2010, environmental groups say, as China’s dam program powers ahead. When the first power-generating unit was switched on last month at China’s giant 262-metre tall ...
http://www.phnompenhpost.com/index.php/2012102359350/National-news/questions-over-china-dams.html
New Draft Law Could Legalize Land Grabbing
A law on the management of farmland currently being drafted by the Ministry of Agriculture is a threat to private landowners as it imposes criminal penalties for farmers who do not abide by new powers the government would have to demarcate land, a human rights ...
Thailand Dam Deal Spurs Court Complaint from Thai Villagers
Villagers belonging to a Thai activist group filed a complaint to Thailand’s Administrative Court yesterday for the cancellation of an agreement form the country’s Electricity Generating Authority of Thailand to buy power from a controversial mainstream Mekong dam in Laos, an NGO representative said yesterday. “According ...
Vehicle Imports up 45 pct in first half
Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...
Cambodian miner Khmer Resources plans to tap Hong Kong capital market
Khmer Resources Investment, which is backed by the Cambodian government, aims to list in Hong Kong within two years, chairman Cao Yunde said. “We intend to leverage the capital market of Hong Kong to finance our growth through a public listing so as to maximise the ...
Water Supply Begins to Return to Sihanoukville
Anco Water Supply, a private company that is supplying Sihanoukville with access to fresh water has alleviated a water shortage that began when a state-owned reservoir dried up more than a week ago. Preah Sihanouk provincial governor Sbuon Sarath said that running water had been restored ...
Cambodia’s city port reports 34 pct rise in cargo shipment in Q1
Cargos entering and leaving through Phnom Penh Autonomous Port, the kingdom’s 2nd largest port, increased by 34 percent in the first three months of this year due to rising trade activities, a senior port official said Thursday. During the January-March period this year, the state-owned port ...
Cambodia Far From Intellectual Property Targets
Cambodia is still a way off implementing World Trade Organization (WTO) rules on intellectual property rights, despite a deadline to do so in just over a month. At the end of June, the group of the world’s 49 least developed countries (LDCs), including Cambodia, run out ...
http://www.cambodiadaily.com/business/cambodia-far-from-intellectual-property-targets-26805/
Hun Sen Says Water, Power Shortages to Stay
Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...
http://www.cambodiadaily.com/news/hun-sen-says-water-power-shortages-to-stay-29063/
Critics Say Hun Sen’s Land Title Program Is Biased
A controversial land titling program set up by Prime Minister Hun Sen has been suspended ahead of the July 28 elections, but critics say the program should not be restarted. The titling program itself began in December 2012 and is expected to end after elections scheduled ...
EDC promises more power
The recent power shortages have left residents of Phnom Penh out in the heat and dark, but amidst their mounting frustration, state-owned energy supplier Electricite du Cambodge (EDC) has announced it will be purchasing more power from Thailand to address the shortfall. Keo Rattanak, director-general of ...
http://www.phnompenhpost.com/2013032964781/National/edc-promises-more-power.html
Parties slug it out in rare TV debate
Breaking into a medium almost universally controlled by the ruling party, acting opposition president Kem Sokha squared off yesterday against rival legislators during the filming of what may well have been Cambodia’s first televised national election debate. The debate at the state-run TVK studios, which featured ...
http://www.phnompenhpost.com/national/parties-slug-it-out-rare-tv-debate
New Cafe to Enter Growing Cambodian Market
Caffe Bene, South Korea’s second-largest coffee chain, on Tuesday announced plans to open in Cambodia, according to a Korean media report. But while its entrance adds one more competitor to the more than half-a-dozen coffee chains already in the country, local franchises said the market is ...
http://www.cambodiadaily.com/business/new-cafe-to-enter-growing-cambodian-market-36434/
Chamber wants new tax laws
The private sector has called on the government to review Cambodia’s taxation law, a statute that business leaders say is outdated and needs to change if Cambodia wants to continue to attract foreign investment. Led by Cambodia Chamber of Commerce (CCC) president Kith Meng, a delegation ...
http://www.phnompenhpost.com/business/chamber-wants-new-tax-laws
Shuttered schools, factories
With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...
Sean Teehan, Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/shuttered-schools-factories
Monitor, GMAC at odds over plan
The head of the Better Factories Cambodia (BFC) program said yesterday that consultations on its new public-disclosure initiative have been going on for more than a year, contrary to claims by a garment factory representative who characterised the process as hasty. Jill Tucker, chief technical adviser ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/monitor-gmac-odds-over-plan
Cambodia’s Opposition Calls for Halt to Foreign Investment, Loans
Prime Minister Hun Sen’s government as the two sides remained stalled in talks in a deadlock over disputed national elections. The opposition Cambodia National Rescue Party (CNRP) said in a public statement that it could not guarantee that any agreements made with Hun Sen’s ruling Cambodian ...
Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/investment-10292013173412.html
Opposition Official in US in Hopes of Breaking Deadlock
Opposition vice president Kem Sokha, who is facing court charges in Cambodia, is currently in the United States, hoping to find support for his party and a way to break Cambodia’s political stalemate. Kem Sokha is in the US to speak to supporters, as well ...
Sok Khemara
http://www.voacambodia.com/content/opposition-official-in-us-in-hopes-of-breaking-deadlock/1804395.html
Ethnic minorities to receive bilingual education: gov’t
The government affirmed its commitment to bilingual education for ethnic minority children in Cambodia’s northern provinces at a UNESCO conference in Bangkok last week. Speaking at the fourth International Conference on Language and Education: Multilingual Education for all in Asia and the Pacific, Ton Sa Im, ...
Emily Wight
http://www.phnompenhpost.com/lifestyle/ethnic-minorities-receive-bilingual-education-gov%E2%80%99t