ព័ត៌មាន
World Bank Still Searching for Country Manager
The World Bank said yesterday that it is continuing to search for a new country manager following the departure of Quimiao Fann last month for a new role in the former Soviet Union. A Chinese national and economist by training, Mr. Fan has been ...
Cambodia-Linked Investors Sentenced in Seoul
The chief executives of the firms behind two large-scale real-estate projects in Cambodia have been sentenced to jail in Seoul for obtaining illegal loans and using the money to finance fictitious companies abroad, according to a South Korean court official. The two executives were among a ...
At least debate FOI draft: SRP lawmaker
Sam Rainsy Party lawmaker Son Chhay has sent an amended version of his draft freedom-of-information law to the National Assembly this morning and urged the parliament to at least debate the legislation. Son Chhay said yesterday his revised law had taken into account amendments requested ...
Indigenous land exploited
The Royal Government of Cambodia and private land developers were exploiting indigenous communities in Mondulkiri and Ratanakiri provinces by signing concession deals for the communities’ land without prior consultation, advocates said yesterday. “We urge the government as well as the private sector to respect [indigenous peoples’] ...
http://www.phnompenhpost.com/index.php/2012030254821/National-news/indigenous-land-exploited.html
Relocation fears for Siem Reap families
About 90 Siem Reap families have rejected what they say is a preliminary move by the provincial authority to have them moved off land declared part of Kulen Mountain National Park in 2002. The families, in Banteay Srei district’s Tbeng commune, said yesterday they had rejected ...
ILO program pushes dialogue
In the wake of several violent garment-factory protests last week, the International Labour Office yesterday launched a five-year, US$5 million Decent Work Country Program in Cambodia to focus on improving industrial relations. “[This] marks the beginning of a new body of work for the ILO in ...
http://www.phnompenhpost.com/index.php/2012030254818/National-news/ilo-program-pushes-dialogue.html
Doubt lingers despite Kratie dispute accord
About 160 villagers from Kratie province’s Meanchey village cancelled plans to block National Road 7 yesterday after provincial authorities and a Vietnamese rubber company agreed to their requests regarding an ongoing land dispute, but some expressed skepticism that the agreement would last. Village representative Saren ...
Governor Arrested as Shooting Suspect
The governor of a city in southeastern Cambodia was arrested Friday in connection with a shooting that left three workers hospitalized as they took part in protests for better labor conditions at a sportswear factory that supplies goods to German sportswear giant PUMA. Moeun Tola, head ...
http://www.rfa.org/english/news/cambodia/shooting-03022012172935.html
Cambodian water utility to price IPO on 18 April
Phnom Penh Water Supply Authority is gearing up to price an initial public offering of up to $24 million on 18 April, making it the first stock to be traded on Cambodia’s fledgling stock exchange. Huy Vatharo, an executive director at underwriter Tong Yang Securities, ...
http://www.globalwaterintel.com/news/2012/9/cambodias-water-utility-price-ipo-18-april.html
Stock Trading to Start Next Month With Water Authority IPO
The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...
Cambodia Potential
The potential for investment in Cambodia certainly appears to be there, as the country’s location in Indochina affords much opportunity for cross-border trade with Thailand, Laos and Vietnam, says Mark Mobius. Mr Mobius, who oversees more than US $40 billion worth of investments as executive chairman ...
PPWSA sets an IPO date
Phnom Penh Water Supply Authority aimed to raise US$20.4 million in a long-awaited initial public offering scheduled for mid-April, the company said yesterday during its first pitch to investors. “We’ve targeted trading for the 18th of April,” said Han Kyung-tae, managing director of Tong Yang ...
Asian Development Bank Takes Over Lead Foreign Donor Role
The Asian Development Bank (ADB) is taking over from the World Bank as lead foreign donor in Cambodia following the departure of the World Bank’s country manager, the ADB said yesterday. The switch followed a year in which the World Bank imposed a funding freeze ...
Interior Ministry Sends SEZ Investigation Results to Court
The Interior Ministry said yesterday that it has sent the results of an investigation into last weeks’s triple shooting of protesters at a special economic zone (SEZ) in Svay Rieng province to the provincial court there. Ministry spokesman Lieutenant General Khieu Sopheak did not reveal any ...
Kandal villagers seek resolution to dispute
More than 200 villagers from Kandal’s Kien Svay district gathered in protest yesterday to urge the National Authority for Land Dispute Resolution to resolve their long-standing dispute with a CPP official. The protesters assembled in the Samrong Thom commune brandishing photos of the prime minister and ...
Villagers Appeal to Halt Stung Treng Dam
Eleven village representatives from Stung Treng and Ratanakiri provinces traveled to Phnom Penh yesterday to meet with National Assembly lawmakers and appeal for an end to the planned construction of the Lower Sesan 2 Dam. The hydropower project, funded by Vietnam Electricity, will flood tens ...
Border Officials Ask Thailand To Stop Shooting at Loggers
Cambodian border officials urged their Thai counterparts not to shoot Cambodians who cross into Thailand illegally during a special meeting in Siem Reap city yesterday to cement border relations. The request comes as Thai soldiers have already fatally shot 11 Cambodians this year who illegally ...
Police Hear Borei Keila Evictees' Apartment Claims
Ten representatives from the Borei Keila community met with Phnom Penh police chief Touch Naruth yesterday to discuss whether their housing documents could qualify them for an apartment, a representative said yesterday. Chhum Ngan said Mr. Naruth asked representatives to furnish housing documents from 106 ...
Warrant sought for shooter
The Ministry of Interior has sought a warrant for the suspect who shot three people at a protest outside a shoe factory last week amid more allegations from government and police officials that the perpetrator was Bavet town governor Chhouk Bandith. Interior Ministry spokesman Khieu Sopheak ...
http://www.phnompenhpost.com/index.php/2012030154802/National-news/warrant-sought-for-shooter.html
Kingdom’s arable land all but gone
If the government continues to grant economic land and mining concessions at the current rate, there will be no more arable land left in the country to give away within one year, a researcher from the Cambodian Centre for Human Rights said yesterday. Pointing to the ...
River Dolphin Conservation Gets Go-Ahead
A government committee yesterday approved a draft sub-decree aimed at protecting the endangered Mekong River dolphin and will send it to the Council of Ministers within a few weeks. Among the provisions contained in the sub-decree is the creation of a 180-km-long conservation area stretching ...
A refuge for river dolphins
The government yesterday moved to protect endangered Irrawaddy dolphins in the Mekong River, announcing plans for a 180-kilometre-long conservation area that would stretch from the Lao border through Stung Treng province to Kratie town. Touch Seang Tana, chairman of the Commission for Conservation and Development of ...
http://www.phnompenhpost.com/index.php/2012030154794/National-news/a-refuge-for-river-dolphins.html
Villagers take case to capital
Representatives from five communes in Koh Kong province engaged in a long-running land dispute with a private Chinese firm urged the government to issue them proper land titles during a press conference in the capital yesterday. Representative Chhai Beng Hout asked the government to instruct the ...
Land Concessions Now at 1.2 Million Hectares, Official Says
The total number of land concessions offered by the government to private agro-industrial firms hit 1.19 million hectares, or 13.5 percent of Cambodia’s total land mass, a senior official at the Ministry of Agriculture said yesterday. The government figure undermines figures released late last year ...