ភ្នំពេញប៉ុស្តិ៍
Companies given right to develop wildlife land
The Cambodian government has reclassified 12,000 hectares of wildlife sanctuary to make way for agro-industry concessions for three companies, according to the royal book issued on March 19. The land has been cut from the Kulen Promtep Wildlife Sanctuary, the largest protected area in Cambodia, which ...
Koh Kong power to go to Thais
Cambodian tycoon Ly Yong Phat has signed a US$3 billion joint-venture agreement with Thai energy firm Ratchaburi Electricity Generating Plc on what would be the Kingdom’s largest power station. Just under 90 per cent of the power, however, would be sold to Thailand. The 1,800 megawatt ...
http://www.phnompenhpost.com/index.php/2012032955308/Business/koh-kong-power-to-go-to-thais.html
Police deny baton beatdown
The Phnom Penh municipal police chief yesterday denied claims his officers had beaten three female garment factory workers with batons and shields during a protest in which a 21-year-old’s nose was allegedly broken on Tuesday. Police chief Touch Naruth called the Post yesterday claiming no weapons ...
http://www.phnompenhpost.com/index.php/2012032955319/National-news/police-deny-baton-beatdown.html
Voices divided pre-ASEAN
Protecting human rights, especially those of Cambodian migrant workers traversing borders to countries such as Malaysia, dominated discussions at yesterday’s ASEAN Peoples’ Forum, one of two competing pre-summit forums that claim to be giving a voice to Cambodians. Speaking at yesterday’s forum, Seng Sakda, director-general ...
http://www.phnompenhpost.com/index.php/2012032955323/National-news/voices-divided-pre-asean.html
Canadia subsidiary buys 15% stake in CVI
Diamond Island Development Co Ltd, owned by Canadia Bank, yesterday bought a 15 per cent stake in Investment and Development Company of Cambodia (IDCC)’s Cambodia-Vietnam Insurance Plc. The companies declined to give the value of the stake. Ngay Mengly, sales officer at Cambodia-Vietnam Insurance Plc, said ...
Svay Rieng shooting victims get their say
The three young women wounded in last month’s factory shooting in Svay Rieng province will meet with provincial prosecutor Hing Bunchea today to give their account of the February 20 incident that has yet to produce an arrest warrant. Bun Chinda, 21, Nuth Sokhorn, 23, and ...
Villagers take sawmill to task
Kampong Thom province Villagers patrolling Prey Lang forest claimed yesterday that about 600 resin trees they found inside a sawmill in the Kampong Thom province had been cut down illegally – an allegation government officials quickly denied. After resistance from police and soldiers monitoring their actions this ...
ASEAN aims to dodge crisis in West
ASEAN finance officials and the heads of regional central banks yesterday homed in on the possibility of economic crisis as well as potential means of averting contagion in fledgling Southeast Asian economies. The officials have also agreed “in principle” to doubling a regional currency fund to ...
No word on Philippines rice deal, exporter says
Green Trade, a state-owned, milled-rice exporter, had not been updated on a government-to-government rice deal with the Philippines despite recent media reports that claimed a deal was near. ...
PPWSA edges closer to IPO
As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...
http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html
Activists arm with fire, photos
Kampong Thom province Villagers patrolling Prey Lang forest on motorbikes yesterday defended their decision to burn more than 360 cubic metres of timber, tear down 10 huts used by “illegal loggers” and confiscate a chainsaw, a villager representative said. “All the villagers who provide evidence about ...
Banners versus batons
Police are accused of breaking a 21-year-old woman’s nose and injuring two other women as about 900 workers marched from the Win Shing-tex Cambodia garment factory in the capital’s Por Sen Chey district yesterday. San Sopha said, adding he would file a complaint against the ...
http://www.phnompenhpost.com/index.php/2012032855291/National-news/banners-versus-batons.html
A ‘good neighbour’ policy
Australian Foreign Minister Bob Carr chose Cambodia as his first official overseas trip since his March 2 appointment to the top foreign policy job. The Australian Labor Party politician, former journalist and longtime premier of New South Wales sat down on Monday evening with the ...
http://www.phnompenhpost.com/index.php/2012032855289/National-news/a-good-neighbour-policy.html
Thai agro-processing plant nears completion
BETAGRO Group, one of Thailand’s largest integrated agro-industry businesses, announced this week that its US$16.3 million animal feed plant in Cambodia is 95 percent complete. The plant, 12 kilometers from Phnom Penh, will initially produce 12,000 tonnes of animal feed per year, but that number ...
PPWSA settles on IPO price
A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...
http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html
Drug connection denied
Prime Minister Hun Sen’s nephew Hun To has emphatically denied all allegations published by Australian newspaper The Age about his involvement in a heroin-trafficking and money-laundering syndicate targeting Australia. Hun To, whose wife and children reside in Melbourne, Australia, told the Post yesterday that he plans ...
http://www.phnompenhpost.com/index.php/2012032755268/National-news/drug-connection-denied.html
ASEAN’s finance ministers in capital
The 16th ASEAN Finance Ministers’ Meeting kicks off early today in Phnom Penh, where members of the 10-country association are expected to discuss strengthening regional financial ties and co-operation in the face of economic uncertainty in the West. ...
Police to ‘monitor’ activists
Kampong Thom province Police and soldiers have been deployed to Prey Lang forest to monitor the activities of about 500 villagers patrolling for illegal loggers, a police official said yesterday. The police and military officers gathered along a road leading to the CRCK rubber company, which has ...
http://www.phnompenhpost.com/index.php/2012032755262/National-news/police-to-monitor-activists.html
Authorities nab loggers at border
Cambodia border police arrested 12 people last week who attempted to cross illegally from Preah Vihear province into Thailand to log rosewood, officials said yesterday. .. ...
River families’ time up
Nearly 400 families were told yesterday they had to move from their homes along the Siem Reap river within the week. Siem Reap district governor Tep Bun Chhay said 392 families had to relocate from Sala Kamroeuk commune before this Sunday. ...
http://www.phnompenhpost.com/index.php/2012032755261/National-news/river-families-time-up.html
More maids missing in Malaysia: parents
Parents of four girls sent to work as maids in Malaysia filed a complaint with Adhoc yesterday in Preah Vihear province saying they had not heard from their daughters for anywhere from two to nearly five years. Prak Leat, 41, said her daughter had left for ...
Blind eye to forest's plight
Rangers paid by an internationally funded conservation organisation have been directly profiting for years from the very trade they are supposed to be preventing in southwest Cambodia, documents obtained by the Post allege. Former Conservation International (CI) staff members say when they spoke up about endemic ...
http://www.phnompenhpost.com/index.php/2012032655247/National-news/blind-eye-to-forests-plight.html
EU assists land reform
The European Union had provided more than US$265,000 to a land reform project that aimed to shift political will and opinion towards land and human rights in Cambodia, development partners said yesterday. The Cambodian Centre for Human Rights will spearhead the Cambodian Land Law Reform Project, ...
http://www.phnompenhpost.com/index.php/2012032655241/National-news/land-reform-gets-eu-assist.html
Prey Lang villagers on patrol
Kampong Thom province About 500 frustrated villagers, citing the authorities’ inaction as their motivation, rode some 250 motorbikes into Prey Lang forest over the weekend in yet another effort to combat illegal logging they say is decimating the area. The villagers from four provinces surrounding Prey Lang ...