ភ្នំពេញប៉ុស្តិ៍

A tycoon arrested on Tuesday by military police on fraud charges yesterday walked free after striking a deal with the man he defrauded, court officials said. Meas Chanpiseth, deputy prosecutor of the Phnom Penh Municipal Court, said that 52-year-old tycoon Peang Kosal, executive director of the ...

The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...

Cambodia’s tertiary system is not producing enough of the right type of graduates to meet the economy’s demands, says a report launched by the World Bank last week. The 222-page report, titled “Putting Higher Education to Work”, states that “quantity gaps are particularly strong in ...

A steady rise in the value of Cambodia’s riel since the beginning of the year demonstrated increased confidence in the currency often shadowed by predominant usage of the US dollar, officials said yesterday. “The consequent rising value of riel proves there is more confidence in ...

Rubber production in early 2012 increased 21 per cent when compared to the end of 2011, according to Mak Kim Hong, president of the Cambodian Rubber Association. He said yesterday that the price of one tonne of good-quality rubber rose to US$3,800 in early 2012, ...

Free Trade Union president Chea Mony yesterday rejected a charge in court that he and two other FTU members incited workers to damage property during a mass strike last year at the M&V garment factory. During nearly two hours of questioning at the Kampong Chhnang provincial ...

Amid safety fears in the construction industry, authorities yesterday refused to reveal the owner of a brand-new industrial building that crashed to the ground in Phnom Penh on Sunday, just days before hundreds were to have set foot in it. Sen Sok district governor Khoun Sreng ...

Less than a week after banning commercial fishing in Tonle Sap Lake, Prime Minister Hun Sen issued a sub-decree on Monday extending the ban to four provinces along the Mekong River. According to the sub-decree, signed March 5 and released publicly yesterday, commercial fishing will be ...

More than 40 workers had fainted at a garment factory yesterday after officials prevented them leaving the building when four of their co-workers collapsed, a labour department official said. The mass fainting occurred at the Nanguo Garment Co Ltd factory in Preah Sihanouk province’s Prey Nub ...

Borei Keila evictees who have been sleeping in stairwells near where their houses once stood said yesterday the Phnom Penh municipal authority had promised to help them find homes. Ka Rohanny, 35, a representative of the evicted residents, told the Post Kiet Chhe, deputy administrative president ...

Cambodian women have less chance of being promoted to positions of power than women in any other East Asian country, a report by the NGO Social Watch International has found. But government officials have rejected the findings and maintained the number of females in Cambodia’s ...

How did the floods affect the industry late last year? Of course, we were worried when the floods began because many people were affected. When the floods continued, we did a survey and found that just about 10 per cent of MFI borrowers were affected. But ...

More than 1,000 villagers in Prey Veng province’s Prey Veng town blocked traffic on national road 11 outside the office of the Cambodian People’s Party yesterday to demand the price of water be lowered from 1,800 riels per cubic metre to 1,200 riels. The protesters, who ...

Digital cash services in Cambodia showed marked increases in users and cash flow in 2011, and still more growth is expected this year as operators launch new services and partnerships to capture a large but still-untapped rural market. The services, in which customers transfer money via ...

The see-sawing case against Bavet town governor Chhouk Bandith, who police have alleged shot three female protesters just over two weeks ago, took another turn yesterday as a summons was issued for him rather than an arrest warrant. Though Chhouk Bandith has been publicly identified ...

Bilateral trade between Cambodia and Hong Kong rose more than 22 per cent year-on-year in 2011, according to data from the Hong Kong Trade Development Council, whose regional base is in Hanoi. Total trade was US$741 million, compared with $607 million in 2010. Cambodia’s exports to Hong ...

London-based checker of rare gems and jewellery Intertek has established a laboratory in Cambodia to help regulate and provide guidelines for the gem trade. Officially opening today, it is the Kingdom’s first gem laboratory. Intertek director in Cambodia Khut Sothy said the country had been ...

Two days after extending indefinitely a ban on commercial fishing in Tonle Sap Lake, Prime Minister Hun Sen on Friday called for the release of all prisoners detained during the government crackdown, officials close to the premier said yesterday. Deputy Prime Minister Yim Chhayli told the ...

Government and police officials were at a loss yesterday to pinpoint the whereabouts of the Bavet town governor, who has been identified as a suspect in the shooting of three women at a protest two weeks ago. An arrest warrant had still not been issued for ...

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 ...

The presidents of three unions have appealed to the Garment Manufacturing Association of Cambodia to improve the “miserable” living conditions of its workers by providing higher wages and better benefits, a letter received by the Post yesterday shows. The letter is dated March 2 and signed ...

Kampong Chhnang Provincial Court has summonsed Free Trade Union president Chea Mony and two of his officers to answer incitement charges at the court tomorrow relating to his alleged involvement in a mass strike at a garment factory last year, officials said yesterday. M&V garment factory ...

The long-time general manager of TTY Company, Un Piseth, was arrested on Saturday on suspicion he ordered gunfire that injured four protesters in Kratie province on January 18. Deputy provincial prosecutor Hak Hoin said the 47-year-old had been detained after questioning on Saturday over the shootings, ...

Cambodia signed a Memorandum of Understanding on Friday with Brazil, the largest Latin American economy, to boost cooperation in areas that include agriculture, technology and diplomatic ties, officials said. The MoU was signed at the Ministry of Foreign Affairs by secretary of state Ouch Borith and ...