ភ្នំពេញប៉ុស្តិ៍
Two factories hope to list on CSX
The next two stocks to be listed on the Cambodia Securities Exchange will probably be Taiwan-owned garment factories, according to market insiders. The news comes as the lone listed stock on the Cambodia Securities Exchange declined slightly in value during the past month, dropping from an ...
http://www.phnompenhpost.com/index.php/2012091958787/Business/two-factories-hope-to-list-on-csx.html
Wildlife at odds with ELCs
Economic land concessions strewn over the remote Western Siem Pang forest, in Stung Treng province, are threatening the survival of Cambodia’s national bird, the giant ibis, a report reveals. The forest, flanking the Kingdom’s border with Laos, is home to five critically endangered bird species, yet ...
Payment demanded for journalist's death
A journalist murdered in Ratanakkiri last week took a call from his accused killer on the night of his disappearance, his family has claimed in a complaint to the rights group Adhoc. Ken Sovann, 63, the mother of slain journalist Hang Serei Oudom, whose body was found in his car in O’Chum district ...
Investigation delays final Dara hearing
The Phnom Penh Court of Appeal yesterday postponed the final hearing of disgraced anti-drug czar Moek Dara, Chea Leng and Morn Doeun until next month, citing a need for more time in light of last-minute investigations by the Banteay Meanchey Provincial Court, a court official ...
Villager efforts reveal illegal timber activities
Villagers have found more than 100 cubic metres of timber and three chainsaws in Prey Lang forest during a six-day patrol for illegal logging, community officials said yesterday. Scouring the forest on motorcycles and on foot, more than 300 villagers from four provinces found 100 cubic ...
Central Bank OKs SBC bid
The Taiwanese bank Cathay United, a subsidiary of Cathay Financial Holding and a listed company on the Taiwan Stock Exchange, has purchased a 70 per cent stake in the Cambodia-based Singapore Banking Corporation Ltd (SBC), a central bank official said yesterday. The National Bank of Cambodia ...
'Morality' clause still worries rights group
A coalition of women’s groups have lashed out at Malaysia for continuing to endorse a “public morality” clause in the draft ASEAN Declaration on Human Rights. They claim the clause is subjective and discriminates against women and sexual minorities and should be ditched. Currently being drafted by ...
Japanese investors looking to Cambodia
Prime Minister Hun Sen received a visiting delegation of Japanese investors on Friday, according to the national news agency Agence Kampuchea Presse. Led by Fujino Takashi from the Keidanren Japan Business Federation and a member of the Board of Directors at Asahi Glass, the delegation’s visit ...
Tobacco tax increase likely
Increasing the tobacco retail tax — one of the world’s lowest at 10 per cent of unit price for domestically produced cigarettes — would deter smokers and increase government revenue while having minimal effect on tobacco producers, Ayda Yurekli, co-ordinator for the World Health Organization’s ...
http://www.phnompenhpost.com/index.php/2012091858767/National-news/tobacco-tax-increase-likely.html
Cambodians protest Xayaburi in Bangkok
Cambodians were among anti-Xayaburi dam protesters who demonstrated outside Thai Parliament in Bangkok yesterday, urging Prime Minister Yingluck Shinawatra to halt construction and tear up an agreement to buy the proposed dam’s power. A group of Cambodians travelled to Bangkok especially to raise their concerns about ...
A national car for Cambodia
UK-based BIW automotive company on Friday signed a US$2 billion join venture investment with ACICA Automotive (Cambodia) to build a factory in Preah Sihanouk province for a Cambodian-made vehicle within the next three years. The agreement was made between BIW’s director Robin Bowyer and ACICA’s Group ...
http://www.phnompenhpost.com/index.php/2012091758751/Business/a-national-car-for-cambodia.html
R'Kiri duo charged in death of reporter
A Ratanakkiri provincial court has charged a married couple with premeditated murder in the grisly killing of Vorakchun Khmer newspaper reporter Hang Serei Oudom, whose body was found axed to death in the back of a car last week. The suspects, An Bunheng and his wife, ...
Border provinces request more energy from Thailand
Thailand had been asked to supply more electricity to those Cambodian provinces close to the shared border, according to officials. Suy Sem, Cambodian minister of Industry, Mine and Energy, talked to reporters after a bilateral meeting with his counterpart, Thai Minister Arak Chonlatanon last week, a ...
A new push for tourism cooperation
With the aim of attracting 25 million international visitors from 2013 to 2015 to Cambodia, Laos, Myanmar and Vietnam (CVLM) the respective ministers of tourism pushed for greater cooperation in developing the region’s tourism sector on Friday, according to the Vietnamese Communist Party official news ...
http://www.phnompenhpost.com/index.php/2012091758749/Business/new-push-for-tourism-cooperation.html
Journo, forest official allegedly beat logger
A local journalist and a forestry official were arrested by military police in Kratie province’s Sambo district on Friday night for allegedly discharging a weapon into the air and beating a man with a boat oar in an extortion bid gone awry. According to district military ...
Bandith trial to begin soon
The long-awaited trial of former Bavet town governor Chhouk Bandith – accused of shooting three garment workers at a protest in February – could begin within the next week, a Svay Rieng Provincial Court official said yesterday. Investigating judge Pich Chhert said the inquiry into the ...
http://www.phnompenhpost.com/index.php/2012091758746/National-news/bandith-trial-to-begin-soon.html
Eviction fears grow at lake
Villagers living in raised houses on the capital’s Boeung Tumpun lake fear their eviction is on the horizon as sand pumping increases at the site, they said yesterday. In recent months, heavy machinery has been at work at the Boeung Tumpun site. Sand pumping has ...
http://www.phnompenhpost.com/index.php/2012091758736/National-news/eviction-fears-grow-at-lake.html
Timber Firm's workers back
Employee at timber company Angkor Flywood in Kampong Cham province will return to work today after their bosses agreed yesterday to all but one of their demands: an increase in wages. Sok Kin, vice president of the Building and Word Workers Trade Union Federation of Cambodia ...
http://www.phnompenhpost.com/index.php/2012091758737/National-news/timber-firms-workers-back.html
Vietnam trade fair to boost two economies
In an effort to stimulate US$5 billion in trade between Cambodia and Vietnam by 2015, the Vietnamese Trade Fair will be held at the Diamond Island Convention and Exhibition Centre from September 21 to 25. Cambodia’s Prime Minister Hun Sen and Vietnam’s Prime Minister Nguyen Tan ...
Stringer who reported on logging found dead
A local newspaper stringer who had written about illegal logging was found dead in the back of a car yesterday in Rattanakiri province’s O’Chum district. Hang Serei Oudom, 44, was a stringer for Vorakchun Khmer, or Khmer Hero, newspaper. Police said his body was covered in blood ...
Union President calls for inspectors
The president of the Free Trade Union yesterday sent a letter to the Ministry of Labour’s inspection department to monitor working conditions at M&V factories in Kampong Chhnang province, alleging excessive overtime is causing workers to faint. “They have to work both in day and night ...
Energy issues focus for ASEAN
Prime Minister Hun Sen opened the 30th ASEAN Ministers on Energy Meeting yesterday in Phnom Penh, where ASEAN officials will focus on ASEAN green energy and develop a plan for ASEAN’s power grid, officials said. Victor Jona, deputy director general of energy of the General Department ...
http://www.phnompenhpost.com/index.php/2012091258643/Business/energy-issues-focus-for-asean.html
B Keila, B Kak continue petitioning
Free of the police resistance that thwarted their march the previous day, about 65 Borei Keila and Boeung Kak community supporters marched to the Ministry of Justice yesterday in another effort to have land dispute activists Tim Sakmony and Yorm Bopha freed from pre-trial detention ...
Trial of the 'secessionist' commences
Throngs of protesters gathered at the Olympic Stadium yesterday, at times straining against a mix of police force barriers and riot shields in their effort to show support for jailed Beehive Radio director Mam Sonando, whose trial was beginning just down the street at Phnom ...