Firms question SECC prakas
The Kingdom’s securities firms have raised concerns about an impending regulation that they said may stunt growth in the country’s fledgling financial markets. The Securities and Exchange Commission of Cambodia is considering a regulation, or prakas, that will require all market participants to maintain a certain ...
http://www.phnompenhpost.com/index.php/2011101352105/Business/firms-question-secc-prakas.html
Beer makers binge on ads
Whether it is dancing pop stars or plays on national pride, dramatically increasing budgets for beer advertising took Cambodia’s TV sets and public spaces by storm in 2011. Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it ...
http://www.phnompenhpost.com/index.php/2012011753964/Business/beer-makers-binge-on-ad-spend.html
Cambodia urges Singapore to invest Rice Mills and Agro-Industry
“Singapore will boost Singaporean companies to seek opportunities to invest in Cambodia, especially in the agro-industry,” H.E. Hor Namhong, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, announced on Wednesday morning after bilateral talks with his Singaporean counterpart Excellency Mr. K. Shanmugam, ...
Kampot dredging escalates
Dredging in Kampot has escalated in the face of community concerns, with more boats now mining sand right in front of the provincial capital and dumping vast amounts of it directly outside the provincial land management authority. The Post counted a total of 17 boats ...
http://www.phnompenhpost.com/index.php/2012030554851/National-news/kampot-dredging-only-grows.html
Future Telecommunications Regulator Will Face Challenges
A lack of proper regulations, unrealistic market data and a constant stream of disputes between Cambodia’s mobile operators will likely hinder the country’s future telecommunications regulator from effectively governing the sector, according to a leading research firm. Without the enactment of telecommunications law, which is currently ...
βSecessionβ Leader Says He Will Return to Cambodia, Stage Protest
The convicted ringleader of a so-called secessionist movement in May in Kratie province, who is currently in self-imposed exile to avoid a 30-year prison sentence, has said that he will soon return to Cambodia to organize a large-scale demonstration against the government. Bun Ratha—who was sentenced ...
Commune Chief Collectorsβ Scam Follows Election
The commune election had only just ended on Sunday when the scam had started. On Tuesday, a well-dressed man claiming to be the brother of one of Phnom Penh’s newly reelected commune chiefs visited a business to present an invitation. It was convincing: The father of the ...
Mobile Phone Firms Threaten to Sue Mfone
Mobile phone operators Hello Axiata Co. Ltd. and Latelz Co. Ltd. are threatening to take legal action against the Thai-owned firm Mfone for allegedly refusing to pay hundreds of thousands of dollars allegedly owed to them in interconnection fees. In a letter dated October 12 to ...
http://www.cambodiadaily.com/business/mobile-phone-firms-threaten-to-sue-mfone-4811/
Prey Lang ELCs rejected
In a rare victory for those battling to preserve Prey Lang forest, the government has cancelled four economic land concessions in the area totalling more than 40,000 hectares that threatened pristine ecosystems. Another 3,200 hectare ELC in Koh Kong province has also been cancelled, while two ...
Shadow Cast Over Future of Forest Patrols
More than two weeks after the murder of conservationist Chut Wutty in the forests of the Cardamom Mountains, the future of his small NGO remains in doubt. But NGOs and communities who worked with Chut Wutty over the years say the larger fate of his ...
Cambodian forest campaigners fight rampant logging
KOH KONG, Cambodia – Frustrated by government inaction, Cambodian citizen patrollers are risking their lives to take on the country’s illegal loggers in a bid to save their shrinking forests. The shooting of a prominent environmentalist by a military policeman last month after he refused to ...
http://www.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20120527-348666.html
Beijing 'Coordinated' With Cambodia to Influence Asean Meeting
A Chinese academic with close ties to China’s state security apparatus has claimed that Beijing coordinated with the Cambodian government to influence the outcome of the Asean meeting in Phnom Penh, according to the Financial Times. In an interview with the Financial Times on Wednesday, Chen ...
Europe Adopts Resolution on Cambodian Rights Situation
Drawing from a long list of human rights abuses, the European Parliament has urged the Cambodian government to stop forced evictions, called on the European Commission (E.C.) to investigate the country’s controversial land concessions policy, and raised the prospect of sanctions. In a resolution passed Friday ...
http://www.cambodiadaily.com/news/europe-adopts-resolution-on-cambodian-rights-situation-4862/
Cambodia passes fire prevention draft law
The Government of Cambodia on Friday passed a draft law on fire prevention in order to contribute to maintaining security, social safety, public order, and life and property protection, according to a media statement released after the weekly Cabinet meeting. In the meeting, Hun Sen ...
http://news.xinhuanet.com/english/world/2012-12/14/c_132041591.htm
Tiffany to polish diamonds
Luxury jewellery brand Tiffany & Co is building a diamond-polishing factory in Phnom Penh, as the company, which has enjoyed increasing sales, seeks to ensure it can continue supplying the diamonds it needs. Construction began last month on the 1.2-hectare factory, along with a training centre, ...
http://www.phnompenhpost.com/2013041064983/Business/tiffany-to-polish-diamonds.html
The battleground seats
A guide to the provinces where the fighting may be fiercest. Siem Reap 6 seats Though Siem Reap has long been a ruling-party stronghold (the CPP won four of six seats here in 2003, increasing their spoils to five of six seats in 2008), if recent opposition rallies ...
More capital for factories
The government approved 103 factories with a combined investment of $660 million last year a big increase from the previous year’s 52 factories valued at $230 million, according to data from the Council for the Development of Cambodia. Industry representatives and economists said the sharp ...
http://www.phnompenhpost.com/2013031361912/Business/more-capital-for-plants.html
Livelihoods felled by logging
The road to Srekor I village in Stung Treng province’s Sesan district is a bumpy one. The small discomfort caused by being jolted about on a motorcycle or being thrown around in a car, however, is offset by the striking scenery that surrounds a traveller ...
http://www.phnompenhpost.com/2013040964967/National/livelihoods-felled-by-logging.html
Thailand and Cambodia to forge closer trade talks
After the fourth Joint Trade Commission (JTC) recently, Commerce Minister Boonsong Teriyapirom said that Thailand and Cambodia had the potential to drive two-way trade up by 30 per cent, due to strong growth in 2012. Last year, bilateral trade grew by 40.5 per cent year on ...
Victims wait on Bandith ruling
Yet another ruling in the tumultuous trial of former Bavet town governor Chhouk Bandith has been set, with the Appeal Court yesterday announcing a verdict date for next week. After Bandith was convicted in absentia on the charge of unintentionally causing injury in June for non-fatally ...
May Titthara
http://www.phnompenhpost.com/national/victims-wait-bandith-ruling