The Phnom Penh Post
Water utility widens revenue stream
The capital’s listed water utility inaugurated a new treatment facility yesterday that will increase its production capacity of clean water by 30 percent, and add to its revenue stream – a move likely to impress its shareholders. ...
Hor Kimsay
http://www.phnompenhpost.com/business/water-utility-widens-revenue-stream
Voter rolls accurate: Comfrel
Two election monitoring groups have conducted an audit of National Election Committe-issued NEC voter lists in 252 communes and found them to be 98 percent accurate, potentially quelling, at least in part, past anxieties over the quality and veracity of these lists. ...
Touch Sokha
http://www.phnompenhpost.com/national/voter-rolls-accurate-comfrel
Timber found on chief’s land
A stockpile of illegal timber was reportedly found on the land of a district military police chief in Kampong Speu province, while his son-in-law and alleged timber trader Sy Sar remains at large. ...
Phak Seangly
http://www.phnompenhpost.com/national/timber-found-chiefs-land
Cambodia, Laos draw back troops in bid to avoid escalation at border
After a two-hour meeting, Cambodian and Lao provincial military and border officials yesterday reached an agreement to draw back forces from two undemarcated zones where the building of outposts had recently sparked military stand-offs, according to a general in the area. ...
Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/cambodia-laos-draw-back-troops-bid-avoid-escalation-border
PM confirms sky is the limit for twin towers
At the official inauguration of the Hun Sen Boulevard on Monday, the prime minister proudly and publicly acknowledged the go-ahead for the Thai Boon Roong Twin Trade Center – the 133-storey twin skyscrapers that, when announced in February last year, was largely doubted by industry ...
Siv Meng
http://www.phnompenhpost.com/post-property/pm-confirms-sky-limit-twin-towers
Kingdom a warm respite for Russia
Increasingly hurt by sanctions and frozen out by the West over its meddling in Ukraine, Syria and the recent US presidential election, Russia is seeking to pivot to Asia and establishing a beachhead in a decidedly warmer locale – Cambodia. ...
Cristina Maza
http://www.phnompenhpost.com/national/kingdom-warm-respite-russia
Phase two of stadium for 2023 SEA Games commences
On Tuesday, two more buildings in the series of buildings in the Morodok Techo National Sports Complex commenced construction at a groundbreaking ceremony presided over by Prime Minister Hun Sen. ...
Moeun Nhean
http://www.phnompenhpost.com/post-property/phase-two-stadium-2023-sea-games-commences
Startups turn heads in Silicon Valley
Cambodia’s startups have clamoured to attract foreign venture capital, and now even Silicon Valley is paying attention. Last month, local media and entertainment site Khmerload – described by some as Cambodia’s version of Buzzfeed – secured $200,000 in investment from the regional arm of California-based ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/startups-turn-heads-silicon-valley
Qatar Airways launches regular cargo service
Qatar Airways Cargo launched regular scheduled air freighter service between Phnom Penh and Doha this week, according to a company press release. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/qatar-airways-launches-regular-cargo-service
Millers push for China access
Amid concerns that the European Union could reject shipments of Cambodian rice, exporters are pushing for more access to China as an alternative market for the Kingdom’s principal agricultural commodity. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/millers-push-china-access
Cambodia Post hopes to deliver for e-giants
State-owned Cambodia Post plans to launch a new e-commerce company in a move to latch onto the growth of online transactions in the Kingdom and diversify its revenue streams, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-post-hopes-deliver-e-giants
Government’s ‘late’ UNESCO bid draws social media outcry
The Ministry of Culture and Fine Arts yesterday announced that they have submitted the Khmer martial art Bokator, as well as Lakhon Khol – the traditional masked dance theatre – to be considered for recognition on UNESCO’s intangible cultural heritage list. ...
Rinith Taing
http://www.phnompenhpost.com/national/governments-late-unesco-bid-draws-social-media-outcry
Part of tycoon’s ELC to be granted to villagers
The Preah Sihanouk province land management committee is in the process of issuing land titles for 82 families in a recently converted forest area, as well as from an economic land concession (ELC) belonging to the Mong Reththy Group. ...
Touch Sokha
http://www.phnompenhpost.com/national/part-tycoons-elc-be-granted-villagers
Teen dead and child injured in B-40 explosion
One boy died and another was severely injured after an unexploded B-40 rocket they were playing with detonated in Boeng Daeng village, in Kampong Cham’s Stung Trang district, on Monday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/teen-dead-and-child-injured-b-40-explosion
More container traffic buoys port’s profits
Phnom Penh Autonomous Port attributed its growth in profits last year to a rise in container traffic and shipments through the capital’s river port, as well as increased profits from leasing equipment and returns on interest, it said in a filing to the Cambodia Securities ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/more-container-traffic-buoys-ports-profits
PPSEZ's profits falls 42%
Phnom Penh Special Economics Zone (PPSEZ) showed its decline of revenue to 42 percents in 2016 which causes 65 percent of net profit’s downfall comparing to the year of 2015, it said in a filing to the Cambodia Securities Exchange yesterday. ...
The Phnom Penh Post Staff
http://bit.ly/2n9omfn
Smooth trade to put $2B exports in reach
Cambodia could expand its foreign trade by up to 16 percent, adding approximately $2 billion worth of exports, by complying with a new international trade protocol that aims to slice through the red tape that slows and complicates cross-border trade. ...
Kali Kotoski
http://www.phnompenhpost.com/business/smooth-trade-put-2b-exports-reach
Education not curbing use of pesticides: study
Cambodian farmers are mixing pesticides to increase their potency in ways that are known to be hazardous, but increased knowledge of the hazards presented by pesticides does not appear to curb their use, a new study shows. ...
Leonie Kijewski
http://www.phnompenhpost.com/national/education-not-curbing-use-pesticides-study
CMAC deminers, dogs going to work in Israel
The Cambodian Mine Action Centre (CMAC) will send demining experts and dogs to Israel today, as part of an apparent bid to improve relations between the two countries. ...
Touch Sokha
http://www.phnompenhpost.com/national/cmac-deminers-dogs-going-work-israel
VIPs roll into capital’s casino
Nagacorp Ltd, the Hong Kong-listed operator of Cambodia’s NagaWorld casino and hotel complex, posted $3.73 billion in VIP rolling chip volume during the first quarter of 2017, a 34 percent year-on-year increase, while mass market buy-ins and electronic gaming machine (EGM) growth remained steady, the ...
Kali Kotoski
http://www.phnompenhpost.com/business/vips-roll-capitals-casino
Sathapana Bank secures $50M to scale up
Sathapana Bank Plc has received a hefty $50 million bilateral loan from the Bangkok branch of Mizuho Bank, a subsidiary of one of Japan’s largest financial institutions, in a move that banking insiders say will help the newly consolidated bank expand its lending portfolio as ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/sathapana-bank-secures-50m-scale
Laos-Cambodia border closed over tensions
In the latest flare up in tensions between the two countries, Lao authorities temporarily shut a border crossing with Cambodia and dispatched more troops to an undemarcated area on the northern border after Cambodian authorities began renovating an old French border outpost. ...
Mech Dara
http://www.phnompenhpost.com/national/laos-cambodia-border-closed-over-tensions
Unseasonable rains to continue: ministry
The Ministry of Water Resources and Meteorology has predicted that the unseasonable storms will continue until this Sunday. ...
Khouth Sophak Chakrya and Jovina Chua
http://www.phnompenhpost.com/national/unseasonable-rains-continue-ministry
Adhoc accuses Ratanakkiri official of OK’ing sale of sanctuary land
Some 200 hectares of forest in Ratanakkiri’s Lumphat Wildlife Sanctuary have been cleared and sold for up to $400 per hectare – allegedly with an official’s blessing – while an additional 700 hectares around the protected area face clearing. ...
Phak Seangly
http://www.phnompenhpost.com/national/adhoc-accuses-ratanakkiri-official-oking-sale-sanctuary-land