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Insurance Sector Sees Growth in First 6 Months

Revenue generated by the country’s insurance firms increased 25 percent to $22 million in the first six months of this year compared to the same period last year, according to data released Tuesday by the General Insurance Association of Cambodia (GIAC). Engineering insurance has become the ...

Hul Reaksmey
http://www.cambodiadaily.com/business/insurance-sector-sees-growth-in%E2%80%88first-6-months-42216/

Kingdom’s hoofed species need conservation: WWF

Diminishing populations of hoofed animals in Southeast Asia have hit Cambodia hard, with numbers of one of the Kingdom’s indigenous species dropping by 90 per cent. The current banteng census shows an 80 per cent drop in the world’s banteng population and a 90 per ...

Sean Teehan
http://www.phnompenhpost.com/national/kingdom%E2%80%99s-hoofed-species-need-conservation-wwf

Over 2,000 Cattle Infected With Foot-and-Mouth

More than 2,000 cattle in Svay Rieng province are infected with the potentially fatal foot-and-mouth disease, officials said yesterday. Pen Chhanthy, chief of the provincial animal health and production office, said that cattle in six districts of Svay Rieng had returned positive tests for the ...

Ben Sokhean, P.18
http://www.cambodiadaily.com/

OZ takes Renaissance scrip for cash

OZ Minerals has emerged with 16 per cent of Cambodia-focused Renaissance Minerals after agreeing to push back a deal that could have forced the gold explorer to stump up a $10 million payment on its Okvau deposit in the South-East Asian nation. Renaissance’s purchase of the ...

The West Australian News Staff
http://au.news.yahoo.com/thewest/business/a/-/wa/18874668/oz-takes-renaissance-scrip-for-cash/

Boeng Kak Women March for Activist’s Release

More than 50 supporters of jailed anti-eviction activist Yorm Bopha marched through central Phnom Penh on Tuesday to demand her speedy retrial, acquittal and release, visiting the Supreme Court, the Royal Palace and the European Union and World Bank offices. Ms. Bopha has consistently professed ...

Khy Sovuthy
http://www.cambodiadaily.com/news/boeng-kak-women-march-for-activists-release-42147/

Apsara Authority Moves to Offices Far From Siem Reap City

Apsara Authority officials on Tuesday began moving to their new offices far outside of Siem Reap onto land within the Angkor Archaeological Park as part of a swap with the city’s provincial government, officials said. The move comes after Prime Minister Hun Sen ordered Siem Reap’s ...

Kuch Naren
http://www.cambodiadaily.com/news/apsara-authority-moves-to-offices-far-from-siem-reap-city-42132/

Singapore Invests in New Cambodian Bank

An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/

After shift, still few women in NA

The number of women serving as lawmakers in the next mandate has dropped from last term, even after parties made final adjustments that saw more women moved up into key positions. According to official results released by the National Election Committee on Sunday, women will hold ...

Amelia Woodside
http://www.phnompenhpost.com/national/after-shift-still-few-women-na

Ethnic Minorities File Illegal Logging Complaint

A group of 12 ethnic minority villagers in Ratanakkiri province have filed a complaint with the provincial court over what they claim is collusion between other villagers and local authorities to illegally log luxury timber from 193 hectares of land inside a community forest. The Prov ...

Aun Pheap
http://www.cambodiadaily.com/news/ethnic-minorities-file-illegal-logging-complaint-42145/

Cambodia's tax revenue up 17 pct in 8 months of 2013

Cambodia’s General Department of Taxation said Monday it had collected 606 million U.S. dollars of tax [sic] in the first eight months of the year, up 17 percent compared with the same period last year. The revenue came from tax on profit, withholding tax, tax on ...

Asean-China Center News Staff
http://www.asean-china-center.org/english/2013-09/10/c_132708061.htm

SBC Bank Signs JCB Card Issuance MOU in Cambodia

Singapore Banking Corporation Ltd. (SBC Bank), a leading commercial bank in Cambodia, signed a memorandum of understanding with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, for the issuance of JCB cards in Cambodia. A ceremony to commemorate the milestone moment was held ...

The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YWI4OTU3NmNkYmR#sthash.uvnJElMQ.dpuf

Cambodia sees fewer female lawmakers in upcoming parliament

Twenty-five out of the 123 lawmakers elected during the July 28 national election are female, the official election results have shown. Sunday. The figures indicated that the number of women-lawmakers in the upcoming fifth legislature of the National Assembly is lower than that of the previous ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-09/10/c_132708901.htm

Cambodia's construction continues strong growth in H1: minister

Investments in Cambodia’s construction sector have continued to grow sharply in the first six months of the year thanks to sound economic growth and investors’ trust in the country’s political stability, Im Chhun Lim, the country’s Minister of Land Management, Urban Planning and Construction, said ...

Global Times News Staff
http://www.globaltimes.cn/content/810044.shtml#.Ui69otKBmN8

Water Authority Share Price Hits New Low

The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...

Hul Reaksmey
http://www.cambodiadaily.com/business/water-authority-share-price-hits%E2%80%88new-low-42002/

Reform talk from CPP

The Cambodian People’s Party is prepared to make sweeping changes during its fifth government mandate, including improving the often-criticised judiciary and prioritising social justice, a government spokesman said. This “period of reform” would see deep-seated changes across a number of ministries in response to grievances expressed ...

Kevin Ponniah
http://www.phnompenhpost.com/national/reform-talk-cpp

Chinese Foreign Ministry provides office supplies to Cambodian counterpart

The Chinese Foreign Ministry on Monday donated 50 laptops and 100 cellphones in equivalent to 70, 000 U.S. dollars to its Cambodian counterpart to increase task efficiency. Speaking while handing over the supplies to Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong, Chinese Ambassador to ...

Xinhuanet News Staff
https://cambodia.opendevelopmentmekong.net/wp-admin/post.php?post=33513&action=edit&message=6

Geopacific Resources outlines rights issue, funds to advance copper project in Cambodia

Cambodian-focused Geopacific Resources (ASX: GPR) has now released its 10 for 17 non-renounceable rights issue which will raise up to A$3.0 million at $0.05, and forms part of a larger funding package. In August GPR outlined a funding package which will include an equity placement of ...

Proactive Investors Australia News Styaff
http://www.proactiveinvestors.com.au/companies/news/47714/geopacific-resources-outlines-rights-issue-funds-to-advance-copper-project-in-cambodia-47714.html

Four More Named in Fertilizer Embezzlement Scandal

An official from Battambang province’s department of agriculture who was charged last Monday with embezzling $200,000 from the illegal sale of fertilizer donated to the poor by Japan has implicated four other officials in the case, including the son of senior CPP lawmaker Cheam Yeap, ...

Eang Mengleng
http://www.cambodiadaily.com/news/four-more-named-in-fertilizer-embezzlement-scandal-41913/

Young child makes bird flu recovery

A 15-month-old toddler who represented the 18th confirmed case of avian influenza in Cambodia this year has recovered and was released from Kantha Bopha hospital on Friday. The little boy from Phnom Penh’s Russey Keo district developed a fever on August 16, and was transferred a ...

Amelia Woodside
http://www.phnompenhpost.com/national/young-child-makes-bird-flu-recovery

Security Buildup Remains in Effect After Peaceful Mass Protest

Government security forces kept up a visible presence in central Phnom Penh on Sunday morning after what on Saturday promised to be the first of many opposition-led mass protests against the contested results of the country’s July 28 national election. Some 20,000 CNRP supporters turned out ...

Hul Reaksmey and Zsombor Pete
http://www.cambodiadaily.com/news/security-buildup-remains-in-effect-after-peaceful-mass-protest-41924/

Contractor Says Senior Official Approved Siem Reap Land Swap

The head of a construction firm that was involved in a massive land swap with Siem Reap’s provincial government in 2010 defended the deal on Friday saying orders for the move of government offices and civil servants—which is now being reversed—came directly from the national ...

Dene-Hern Chen and Kuch Naren
http://www.cambodiadaily.com/news/contractor-says-senior-official-approved-siem-reap-land-swap-41909/

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