ព័ត៌មាន​

Garment IPO May Arrive in Time for Polls

After the listing of Taiwanese-owned garment company Grand Twins International (Cambodia) Plc on the Kingdom’s stock exchange was delayed indefinitely, its underwriter said yesterday that the firm hopes to list before the national elections in late July. According to the underwriter, Phnom Penh Securities (PPS) Plc, ...

http://www.phnompenhpost.com/2013060566066/Business/garment-ipo-may-arrive-in-time-for-polls.html

Cambodian PM inaugurates 90 mln USD water treatment plant in capital

Cambodian Prime Minister Hun Sen on Tuesday inaugurated a new water treatment plant in eastern part of capital Phnom Penh, saying that the plant would meet the rising demand of clean water in the city. The 90 million U.S. dollar plant was invested by the listed ...

http://news.xinhuanet.com/english/world/2013-06/04/c_132430033.htm

ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

Worse than Potholes, Street 63 Roadwork Hurts City’s Image

Skyscrapers, supermarkets and high-end clothing stores along Sihanouk Boulevard may reflect the increasingly affluent side of Phnom Penh, but turning down busy Street 63 toward Central Market the scene is more warzone than Asean capital, with air thick with dust and the road peppered with ...

http://www.cambodiadaily.com/news/worse-than-potholes-street-63-roadwork-hurts-citys-image-28799/

Micro-life insurance on rise

When 46-year-old Than Thol got a $900 loan from Samic Microfinance last year, he took advantage of a little-known and  lengthily worded insurance program called Measure for Economic and Accelerated Development for All, or MEADA. MEADA provides coverage for families of mostly lower-income borrowers in the ...

http://www.phnompenhpost.com/2013060466033/Business/micro-life-insurance-on-rise.html

Cambodia Carrier on Track with New Flights

Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...

http://www.phnompenhpost.com/2013060466030/Business/cambodia-carrier-on-track-with-new-flights.html

Mekong Communities Tell of Hardship From Hydropower Dams

About 200 people from Thailand, Vietnam and Cambodia affected by hydropower dam projects on the Mekong River and its tributaries gathered in Phnom Penh yesterday to share their experiences of how their lives have been adversely affected since the dams were constructed. Speaking at the ...

http://www.cambodiadaily.com/news/mekong-communities-tell-of-hardship-from-hydropower-dams-28793/

7 Cambodian Workers Arrested at Nike Contractor

Cambodian police clashed Monday with workers at a factory that makes clothing for the U.S. sportswear company Nike, arresting seven, in the latest violence linked to a strike over salaries, union organizers and rights activists said. The protest at the Taiwanese-owned Sabrina (Cambodia) Garment Manufacturing plant ...

http://abcnews.go.com/International/wireStory/cambodian-workers-arrested-nike-subcontractor-19311324#.Ua1mckDTxe9

$1.3m SEZ Japanese Restaurant Opens Doors

In a $1.3 million investment, a new Japanese restaurant opened in the Phnom Penh Special Economic Zone (PPSEZ) last week amid the large presence of Japanese companies in the area. The 1,000-square-metre Tokyo Restaurant looks to “help to [showcase] the culture of Japanese food, and provide ...

http://www.phnompenhpost.com/2013060366009/Business/1-3m-sez-japanese-restaurant-opens-doors.html

Cambodia, U.S. sign emissions reduction agreement

Cambodia and the United States on Friday signed a Memorandum of Understanding on low emissions and climate resilient development in Cambodia, according to a press statement from the U.S. Embassy to Phnom Penh. The deal was inked between Cambodian Minister of Environment Mok Mareth and Rebecca ...

http://www.china.org.cn/environment/2013-05/31/content_28997411.htm

Airports operator looks to expand

While Cambodia Airports, of which France-based Vinci Group is major stakeholder, sees tourist numbers taking off, eviction issues are gnawing at the company’s image. Emmanuel Menanteau, chief executive of Cambodia Airports, talked to the Post’s Sarah Thust about the expansion plans. How many tourist arrivals do ...

http://www.phnompenhpost.com/2013053165965/CEO-Talk/airports-operator-looks-to-expand.html

Jarai Villagers Ask UN for Help in Land Fight

More than 300 ethnic Jarai families from Ratanakkiri’s O’Yadav district in longstanding land disputes with two Vietnamese land concessionaires submitted a petition to UN human rights officers yesterday asking for help. Village representative Romas Chvat said locals were participating in an NGO-led workshop on protest ...

http://www.phnompenhpost.com/2013053165970/National/jarai-villagers-ask-un-for-help-in-land-fight.html

NagaCorp rolls dice on $15 million VIP terminal

A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...

http://www.phnompenhpost.com/2013053065932/Business/nagacorp-rolls-dice-on-15-million-vip-terminal.html

Workers not underage, factory says

A Ying Dong Shoes representative yesterday denied claims his factory employs workers as young as 13 and shares an owner with Wing Star Shoes, where two died in a ceiling collapse on May 16. Chan Kosal, a representative of Ying Dong, a supplier to Asics, said ...

http://www.phnompenhpost.com/2013053065943/National/workers-not-underage-factory-says.html

Water Cannon Crackdown on Cambodian Land Activists

Cambodian police used water cannons Wednesday to disperse around 200 women demanding a quick resolution to long-running land disputes, knocking at least three of the protesters, including a 72-year-old, unconscious. The move came two days after authorities used stun batons to disperse a protest over wages ...

http://www.rfa.org/english/news/cambodia/land-05292013164116.html

Gym membership gets a lift

Two or three times per week Hong Chandara finds the time to unwind from work, family and social responsibilities by exercising at his gym. Meanwhile, entrepreneurs see potential in the fitness service sector, as gyms gain popularity in Cambodia. Meas Sok Dany, owner of the ...

http://www.phnompenhpost.com/2013052965900/Business/gym-membership-gets-a-lift.html

Villagers Petition Against Crematorium’s Removal

More than 1,000 villagers in Phnom Penh’s Russei Keo district have signed a petition pro­testing the removal of a crematorium that is currently on land slated for a large development project. According to a letter from the Council of Ministers addressed to the Ministry of Cults ...

http://www.cambodiadaily.com/news/villagers-petition-against-crematoriums-removal-27487/

Former Mfone Employees Protest for Severance Pay

More than 100 former employees of bankrupt mobile phone operator Mfone traveled from three provinces yesterday to protest outside the firm’s shuttered office on Phnom Penh’s Monivong Boulevard demanding their severance pay. Sok Samphorn, an engineer who was employed by Mfone, said employees from Phnom Penh, ...

http://www.cambodiadaily.com

Thais to urge transport push

Thailand will propose to Cambodia that they jointly develop border areas and transport links between the two countries, Deputy Prime Minister and Foreign Minister Surapong Tovichakchaikul said yesterday. Thailand will also develop roads, railways and border checkpoints, he said. Proposed road projects include improving roads Nos.5, ...

http://www.bangkokpost.com/news/local/352101/thais-to-urge-transport-push

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