The Phnom Penh Post
‘Hostages’ swapped with Thailand
Incensed by Thai authorities’ arrest of their family members, residents of Banteay Meanchey’s Thma Puok district took conflict resolution into their own hands on Saturday by holding Thai trucks hostage on their side of the border for days until Thai and Cambodian officials agreed to ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/hostages-swapped-thailand
Not all paths to growth the same
Denis Hew, director of the policy support unit at the Asia-Pacific Economic Cooperation Secretariat said that Cambodia and Laos, in particular, should seek to chart a different course in Asean rather than following growth models of more developed economies, such as Malaysia or Thailand. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/not-all-paths-growth-same
Seaport debuts on stock market
Shares in Sihanoukville Autonomous Port (PAS), the state-owned enterprise that operates Cambodia’s only deep-sea port, debuted on Cambodia’s stock exchange yesterday after an initial public offering that raised $27 million. ...
Brian Ng and Hor Kimsay
http://www.phnompenhpost.com/business/seaport-debuts-stock-market
Recounts appear to change two results
With the National Election Committee (NEC) having released preliminary commune election results, parties have begun registering requests for recounts to the body, with one commune each in Svay Rieng and Battambang provinces appearing to have already flipped sides as of yesterday. ...
Touch Sokha
http://www.phnompenhpost.com/national/recounts-appear-change-two-results
‘Grandma Proeung’ in court over timber rap
In the first and only day of her trial yesterday, prominent alleged timber trader Heng Samnieng claimed that Military Police officers had tried to sell off pieces of timber confiscated by authorities in Stung Treng, where she was arrested in October while allegedly attempting to ...
Niem Chheng
http://www.phnompenhpost.com/national/grandma-proeung-court-over-timber-rap
Spinning the poll results
Already looking ahead to 2018, Prime Minister Hun Sen has told his Cambodian People’s Party that had Sunday’s commune elections been a national election, they would have won even more National Assembly seats than they did in 2013. ...
Alex Willemyns and Meas Sokchea
http://www.phnompenhpost.com/national/spinning-poll-results
Garment workers protest at Ministry
About a thousand workers from the Southland garment factory yesterday protested outside the Ministry of Labour to demand intervention from the authorities to force the company to reinstate 10 unionists suspended from work after a strike began earlier this week. ...
Yon Sineat
http://www.phnompenhpost.com/national/garment-workers-protest-ministry
Dam resettlement site gets electricity
According to the Stung Treng Provincial Electricity Authority’s announcement yesterday, an electrical line was connected from the dam to a transmission network at the new site in Srekor. ...
Phak Seangly
http://www.phnompenhpost.com/national/dam-resettlement-site-gets-electricity
Consumer protection law still in draft stage
The Ministry of Commerce and other relevant ministries will meet later this month to review progress on the country’s first consumer protection law and formulate a plan to complete the draft legislation, a ministry official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/consumer-protection-law-still-draft-stage
Union reps suspended after more than a thousand strike in election day pay row
Ten union representatives were yesterday suspended from the Southland garment factory in Phnom Penh’s Por Sen Chey district after more than a thousand workers went on strike to protest the factory’s decisions about time taken off for voting in Sunday’s commune elections. ...
Post staff
http://www.phnompenhpost.com/national/union-reps-suspended-after-more-thousand-strike-election-day-pay-row
Minister scolds Thai outlets
Cambodia’s Ministry of Defence has demanded an apology from Thai media outlets for reports linking Defence Minister Tea Banh to a recent case of alleged cross-border arms smuggling by a Thai air force officer, one which has also ensnared an official from Cambodia’s Interior Ministry ...
Niem Chheng and Shaun Turton
http://www.phnompenhpost.com/national/minister-scolds-thai-outlets
Residents protest over land claimed by FEBC
A land dispute between Prek Pnov district residents and the Far East Broadcasting Company (FEBC) came to a head on Sunday, with protesters claiming they were threatened and detained while company representatives and local officials said the demonstrators were peaceably removed. ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/residents-protest-over-land-claimed-febc
Businesses vacate White Building
As families begin to move out of the iconic White Building, small business owners who have operated in the capital’s dilapidated landmark are facing tough decisions. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/businesses-vacate-white-building
Tackle issues early to ensure growth: IMF official
Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing business if it is to continue on its impressive growth track, a visiting International Monetary Fund (IMF) official ...
Cam McGrath
http://www.phnompenhpost.com/business/tackle-issues-early-ensure-growth-imf-official
Main parties cut into each other’s traditional strongholds
The ruling CPP is losing votes in remote provinces while making up ground on the opposition CNRP in Phnom Penh and surrounding areas, according to election data showing the two major parties cutting into each other’s leads in traditional strongholds. ...
Michael Dickison
https://www.cambodiadaily.com/news/main-parties-cut-others-traditional-strongholds-131132/
Commune vote smooth but not perfect, says watchdog
Asian election monitor Anfrel yesterday commended authorities, citizens and political parties for Sunday’s smooth commune elections, but stopped short of calling the ballot “free and fair”, raising concerns over the heightened political rhetoric in the run-up to June 4. ...
Ananth Baliga
http://www.phnompenhpost.com/national/commune-vote-smooth-not-perfect-says-watchdog
Bank services VAT seen as ‘inefficient’
Banking sector leaders have expressed concern over a new government decree that places additional fees on financial services, warning that the costs of what some have described as an “impractical and inefficient” tax would likely be passed along to consumers. ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/bank-services-vat-seen-inefficient
Patience a virtue for coconuts
Khdib Sreymich, general manager of Coco Khmer, a Cambodia-based coconut cosmetics manufacturer, said her company is forced to import coconuts from Vietnamese suppliers to meet consumer demand for the company’s products. She explained that the farmers preferred to sell the coconuts when they were young, ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/patience-virtue-coconuts
CNRP’s chiefs will keep campaign promises or quit, says Sovann
Opposition spokesman Yim Sovann said yesterday that if any of the CNRP’s more than 400 new commune chiefs who won office on Sunday cannot follow through on the party’s campaign pledges, they will “give up” their positions.Sovann said the Cambodia National Rescue Party had made ...
Meas Sokchea
http://www.phnompenhpost.com/national/cnrps-chiefs-will-keep-campaign-promises-or-quit-says-sovann
CPP lead in popular vote slim, say NGOs
Preliminary returns from Sunday’s commune elections appear to show a tighter popular vote than the breakdown of communes won would seem to suggest, with the CNRP raking in an estimated 45 percent of votes to the CPP’s 48 percent, according to a coalition of NGOs. ...
Andrew Nachemson, Soth Koemsoeun and Niem Chheng
http://www.phnompenhpost.com/national/cpp-lead-popular-vote-slim-say-ngos
Ex-Adhoc staffer, now CPP Commune Chief-elect, pledges to address logging
Apparent CPP Commune Chief-elect Chhay Thy yesterday pledged to tackle ongoing forestry crimes in Ratanakkiri’s Pate commune – a cause he strongly advocated for during his tenure as a human rights staffer at Adhoc. ...
Phak Seangly
http://www.phnompenhpost.com/national/ex-adhoc-staffer-now-cpp-commune-chief-elect-pledges-address-logging
Acleda Bank reports $28M net profit in Q1
Aceleda Bank, Cambodia’s largest bank by assets, reported a net profit of $28.39 million in first quarter this year, down slightly from $30.19 million in the same period in 2016, according to the bank’s latest financial report. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/acleda-bank-reports-28m-net-profit-q1
Western policies may slow growth
Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United States, which could hamper the growth of commodity-driven economies, according to a new report released ...
Kali Kotoski
http://www.phnompenhpost.com/business/western-policies-may-slow-growth
Victories were few for small parties
As commune election results continued to trickle in yesterday, it was abundantly clear that Cambodia’s political landscape is now dominated by just two main competitors. However, the Kingdom’s smaller parties, some with lofty ambitions, came away with a few successes. ...
Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/victories-were-few-small-parties