ភ្នំពេញប៉ុស្តិ៍
Insurance claims through the roof
Partly triggered by recent flood damage and an increase in road accidents, claims filed with the six general insurance companies in Cambodia spiked more than 160 per cent in the nine months through to September compared with the same time last year, the latest data ...
Chan Muy Hong
http://www.phnompenhpost.com/business/insurance-claims-through-roof
Cambodia's construction industry looks ahead
Cambodia’s construction industry took a major step forward in its development on Tuesday with the second summit of the Cambodia Constructors Association at DARA Airport Hotel. The summit occurred alongside an exhibition of construction products, materials and services. Association chairman Pung Kheav Se said that was ...
Hin Pisei
http://www.phnompenhpost.com/real-estate/cambodias-construction-industry-looks-ahead
City faces gigantic 45-storey change
Phnom Penh will be a changed city and more attractive when twin 45-storey condominium towers are completed in the coming three or four years, developers say. Sung Bonna, director of Bonna Realty Group, said Singaporean outfit The Bridge Company, would start constructing the twin skyscraper buildings ...
Siv Meng
http://www.phnompenhpost.com/real-estate/city-faces-gigantic-45-storey-change
H&M tries exclusivity agreement
Clothing giant H&M is testing the garment production waters by entering into exclusivity agreements with factories in Cambodia and Bangladesh, according to a report from Bloomberg News yesterday. This means that Sweden-based H&M would buy all of the factory’s output. H&M, it seems, would still be ...
Daniel de Carteret
http://www.phnompenhpost.com/business/hm-tries-exclusivity-agreement
Koh Russey Resort to exhibit in Hong Kong
Cambodia’s Koh Russey Resort development project is aiming to attract large foreign investment by exhibiting in Hong Kong. The resort will showcase its properties and facilities at an exhibition from November 29 until December 1, according to the real estate company CBRE. Expert staff of all departments ...
Moeun Nhean
http://www.phnompenhpost.com/real-estate/koh-russey-resort-exhibit-hong-kong
Police in strike shootings to be investigated
Police officers who defied orders not to open fire on rioting garment workers on Tuesday – an act that resulted in the fatal shooting of 49-year-old rice vendor Eng Sokhom – could lose their jobs, a National Police spokesman said yesterday. Kirt Chantarith told the Post that a ...
Shane Worrell and Mom Kunthear
http://www.phnompenhpost.com/national/police-strike-shootings-be-investigated
Budget leaves $1.5b unassigned
Transparency watchdogs have warned that $1.5 billion of unallocated funds in next year’s budget will only encourage nepotism and embezzlement. The Draft Budget Law was approved at the National Assembly on Tuesday in a unanimous vote of 66 ruling Cambodian People’s Party MPs. The $3.4 billion ...
Daniel Pye and Vong Sokheng
http://www.phnompenhpost.com/national/budget-leaves-15b-unassigned
French offer forensics 101
In the past two years, the French embassy in Phnom Penh has been drawn into at least two high-profile cases in which their nationals have died in suspicious circumstances in Cambodia. In an attempt to improve forensic investigations in the Kingdom, the French embassy announced ...
Shane Worrell
http://www.phnompenhpost.com/national/french-offer-forensics-101
Strikers, police clash
A woman was killed and at least six others shot yesterday morning when police fired live ammunition into a crowd of hundreds of rioting garment workers in the capital’s Stung Meanchey district. UN reports said police also arrested 37 people, including seven monks, as a result ...
Sean Teehan, Mom Kunthear and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/strikers-police-clash
Thailand agrees to withdraw its troops
Cambodian and Thai military officials met yesterday morning to discuss the implementation of the International Court of Justice’s ruling on Preah Vihear, with both sides pledging to keep the peace and the Thais agreeing to withdraw to the new line of demarcation. Monday’s judgment declared that ...
May Titthara and Stuart White
http://www.phnompenhpost.com/national/thailand-agrees-withdraw-its-troops
CPP lawmakers vote to create new ministries
Lawmakers from the ruling Cambodian People’s Party yesterday unanimously voted to pass legislation which will create three new government ministries. Sixty-six CPP representatives voted to create a Ministry of Public Function, which will oversee the affairs of civil servants. The MPs also followed through on a floated ...
Vong Sokheng
http://www.phnompenhpost.com/national/cpp-lawmakers-vote-create-new-ministries
Mondulkiri elephant row continues
An Eco-tourism initiative in Mondulkiri province will remain open for daytime visits only for the time being, after authorities heard from officials at the Elephant Valley Project (EVP) and locals who complain the NGO siphons tourism money. EVP officials met with people who filed complaints with ...
Sean Teehan and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/mondulkiri-elephant-row-continues
At Preah Vihear, tourists undeterred
Not even the imminent threat of war could quell tourists’ appetite for historical sites – at least at Cambodia’s Preah Vihear temple, which was the subject of a highly contentious ruling at the International Court of Justice yesterday. While government figures show that local tourism to ...
Stuart White and May Titthara
http://www.phnompenhpost.com/business/preah-vihear-tourists-undeterred
Partial victory at the ICJ
The International Court of Justice yesterday unanimously declared that its 1962 judgment awarding the Preah Vihear temple to Cambodia also gave the Kingdom sovereignty over the promontory that the temple sits on. But while the announcement was initially greeted as a resounding victory by some in ...
Post Staff
http://www.phnompenhpost.com/national/partial-victory-icj
Laos chided for ‘Selling’ dam project
An environmental group has hit out at the Lao government for organising a tour of the proposed Don Sahong hydropower dam site, saying it should not be trying to “sell” a project that has not been regionally approved. Other NGOs have also warned of the ...
Shane Worrell
http://www.phnompenhpost.com/national/laos-chided-%E2%80%98selling%E2%80%99-dam-project
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
Police detain luxury wood ‘Smugglers’
Three males attempting to smuggle luxury wood on Saturday evening were thwarted by authorities in Mondulkiri’s Keo Seima district, provincial forestry officials confirmed yesterday. The suspects now being detained at the provincial police station are Vor Vanser, 16, Le Fy, 16, and Cheurng Vanseurn, 18. ...
Kim Sarom
http://www.phnompenhpost.com/national/police-detain-luxury-wood-%E2%80%98smugglers%E2%80%99
Acleda debuts its credit card
ACLEDA officially launched its first credit card on Friday as Cambodia’s largest bank eyes the country’s rising middle income bracket, president and CEO In Channy said yesterday. “This is the right time for us to start this Visa credit card product. By 2020, Cambodia will change ...
Daniel de Carteret
http://www.phnompenhpost.com/business/acleda-debuts-its-credit-card
New local carrier to launch flights
A new local airline is applying to fly in Cambodia, according to aviation officials, at a time when the market is monopolised by national flag carrier Cambodia Angkor Air and a handful of carriers offering chartered routes. Royal Spirit Airlines last Friday met with the State ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/new-local-carrier-launch-flights
Malaysian company selling its local bank
Malaysian financial services group Hwang-DBS Bhd is selling its eponymous bank in Cambodia for $40 million, the company has announced on the Bursa Malaysia. The sale is to Phillip MFIs Pte Ltd, a member of the Singapore-based PhillipCapital Group. PhillipCapital has an existing presence in ...
Daniel de Carteret
http://www.phnompenhpost.com/business/malaysian-company-selling-its-local-bank
Projects ‘threaten mangroves’
Mangrove forests along Cambodia’s coast in Kampot support more than 100,000 families and create a diverse ecosystem that is home to hundreds of unique species. But coastal development projects, coupled with locals’ reliance on the forest for their livelihoods, threaten to decimate more than 1,000 hectares ...
Phak Seangly
http://www.phnompenhpost.com/national/projects-%E2%80%98threaten-mangroves%E2%80%99
Speed up FOI law, PM says
Prime Minister Hun Sen has called on the Ministry of Information to accelerate the drafting of a long-awaited freedom of information law that could see more transparency in the Kingdom’s government. According to a press release issued by the Council of Ministers after a cabinet meeting ...
Meas Sokchea and Kevin Ponniah
http://www.phnompenhpost.com/national/speed-foi-law-pm-says
Lender singled out after documentary
Some 1,000 employees from one of Cambodia’s largest microfinance institutions gathered in the Koh Pich exhibition hall yesterday to watch A River Changes Course, the award-winning documentary about three Cambodians from different backgrounds all struggling to eke out a living in fast-changing times. Why Angkor Mikroheranhvatho (Kampuchea) ...
Joe Freeman
http://www.phnompenhpost.com/business/lender-singled-out-after-documentary
Villagers prepare for storm
Cambodians in the northern provinces are preparing for the remnants of super-storm Typhoon Haiyan, though forecasts now predict it will only mildly affect the Kingdom. In a warning issued on Friday, the Ministry of Water Resources and Meteorology said high winds and heavy rainfall would likely ...
Khouth Sophak Chakrya and Laignee Barron
http://www.phnompenhpost.com/national/villagers-prepare-storm