The Phnom Penh Post
Kheng queries Sokha’s validity
Interior Minister Sar Kheng yesterday, after becoming the latest ruling party official to weigh in on the CNRP’s embattled campaign slogan, went on to question the validity of the recent extraordinary congress that elevated Kem Sokha to party president.At the inauguration of a new road ...
Meas Sokchea and Ananth Baliga
http://www.phnompenhpost.com/national/kheng-queries-sokhas-validity
Feed mill to take bite out of growing import demand
Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/feed-mill-take-bite-out-growing-import-demand
Forest patrollers accuse authorities of collusion
Prey Lang Community Network conservation activists in Kratie province have accused local officials of colluding with illegal timber transporters after authorities allegedly declined to intervene after being tipped off on Sunday to stockpiles of logs thought to have been felled within a wildlife sanctuary.Ek Sovanna, ...
Phak Seangly
http://www.phnompenhpost.com/national/forest-patrollers-accuse-authorities-collusion
Efforts to formalise SMEs fall short
The Cambodian government has made negligible progress in bringing small- and medium-size enterprise (SMEs) into the regulatory fold, reporting a less than 0.5 percent increase in the total number of companies registered in the last five years – a sign business professionals claim shows that ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/efforts-formalise-smes-fall-short
Families want road expansion scaled back
About 40 families asked the government last week to review road expansion plans at Phnom Penh’s Prek Pnov Bridge, saying the proposed dimensions would force them to lose property and even parts of their homes. ...
Sen David
http://www.phnompenhpost.com/national/families-want-road-expansion-scaled-back
Angkor Gold approves mining payout scheme
Cambodian mining firm Angkor Gold has agreed to accept payment by instalment on Mesco Gold’s final tranche for the purchase of its Phum Syarung gold mine in northeastern Cambodia, the company said in press release. ...
Post Staff
http://www.phnompenhpost.com/business/angkor-gold-approves-mining-payout-scheme
Pay protest amid fears owners skipped town
More than 600 workers from the capital’s Bodykids Fashion Wear factory protested on Friday and Saturday after management failed to pay them their February wages. ...
Sen David
http://www.phnompenhpost.com/national/pay-protest-amid-fears-owners-skipped-town
TB diagnoses lag: study
A lack of diagnostic equipment in Cambodia is causing cases of tuberculosis to be both over- and under-reported in children, a new study finds. ...
Erin Handley
http://www.phnompenhpost.com/national/tb-diagnoses-lag-study
PM offers Myanmar a ‘win-win’
During the inauguration of a pagoda in Prey Veng on Friday, Prime Minister Hun Sen announced he will send several advisers to Myanmar to share lessons from his “Win-Win” policy, which he credits with ending Cambodia’s civil war. ...
Touch Sokha and Cristina Maza
http://www.phnompenhpost.com/national/pm-offers-myanmar-win-win
Sathapana Bank proceeds with logo change
Sathapana Bank has pre-emptively removed its signature golden lion logo from all 162 branches nationwide as the private bank aims to deflect government criticism and avoid confusion as being identified as a state-owned institution, a bank executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/sathapana-bank-proceeds-logo-change
KDIC digs in to recover local Korean assets
South Korea’s state-run deposit insurer opened its first overseas branch in Phnom Penh yesterday in a move to sell off the bank and property assets of Korean banks that went belly up in 2011. ...
Kali Kotoski
http://www.phnompenhpost.com/business/kdic-digs-recover-local-korean-assets
Villagers affected by dam meet with government officials
Villagers from Stung Treng whose homes stand to be flooded by the Lower Sesan II dam met with representatives of the Ministry of Mines and Energy at an NGO Forum-sponsored meeting in Phnom Penh yesterday, in hopes of establishing a dialogue towards a long-awaited compromise. ...
Touch Sokha
http://www.phnompenhpost.com/national/villagers-affected-dam-meet-government-officials
BigPhone dials into local market
Mobile World Investment Corp (MWG) – one of the largest mobile phone and electronic products distribution chains in Vietnam – will open its first store in Cambodia, operating under the name BigPhone.com, according to Vietnamese state media. ...
Hor Kimsay
http://www.phnompenhpost.com/business/bigphone-dials-local-market
Heavy trucks feel pinch
Transportation Ministry inspection stations last month seized 242 overloaded trucks, nearly 100 more than the month prior, and more than doubled the fines dished out to offending vehicle owners, according to a ministry report released on Tuesday. ...
Touch Sokha
http://www.phnompenhpost.com/national/heavy-trucks-feel-pinch
PPAP to pay out dividends
Phnom Penh Autonomous Port (PPAP) will distribute a cash dividend of 1,059,039,488 riel ($261,148), or 256 riel per share, to its private shareholders for its 2016 operations, the port operator said in a filing to the Cambodian Securities Exchange (CSX). ...
Post Staff
http://www.phnompenhpost.com/business/ppap-pay-out-dividends
Luxury wood haul found, but no arrests
Mondulkiri provincial environment officials and National Military Police early yesterday morning confiscated a seemingly abandoned Toyota Land Cruiser loaded with more than 10 poles of luxury thnong timber in the Keo Seima Wildlife Sanctuary, though no arrests were made. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/luxury-wood-haul-found-no-arrests
Banteay Meanchey undergoes infrastructure boost
Banteay Meanchey province, nestled between the better known provinces of Siem Reap and Battambang, once suffered from a lack of business activity partly due to a long-running border dispute with Thailand. Recent indications, however, show the area is recovering some lost ground on the infrastructure ...
Vandy Muong
http://www.phnompenhpost.com/post-property/banteay-meanchey-undergoes-infrastructure-boost
China to donate new infectious disease lab
Cambodia and China inked a deal yesterday to build a new communicable disease control facility in the Kingdom for the country to expand its capacity to detect and respond to communicable disease outbreaks, such as Zika and Ebola, in a timely fashion. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/china-donate-new-infectious-disease-lab
Kampong Speu pond digging unearths 350kg bomb
The Cambodian Mine Action Centre yesterday retrieved and neutralised a massive M117 bomb from Kampong Speu province’s Prek Kmeng commune, and safely detonated four smaller bombs found in Preah Sihanouk province on the same day. ...
Khouth Sophak Chakrya and Ananth Baliga
http://www.phnompenhpost.com/national/kampong-speu-pond-digging-unearths-350kg-bomb
Chroy Changvar residents protest city ultimatum
Some 70 Chroy Changvar residents set to be displaced by a massive development took their grievances to Phnom Penh City Hall yesterday. ...
Touch Sokha
http://www.phnompenhpost.com/national/chroy-changvar-residents-protest-city-ultimatum
Moody’s maintains sovereign debt rating
Global credit rating agency Moody’s Investors Services has maintained Cambodia’s B2/stable sovereign rating, stating in its latest credit opinion on the Cambodian government that the rating was underpinned by the Kingdom’s credit strengths, specifically its healthy growth prospects and a stable external payments position. ...
Hor Kimsay
http://www.phnompenhpost.com/business/moodys-maintains-sovereign-debt-rating
Court plans to probe Mondulkiri logging claims
The Mondulkiri Provincial Court is preparing to investigate accusations that Cambodian border officials last month knowingly allowed seven Vietnamese loggers to illegally fell trees in the Keo Seima Wildlife Sanctuary, a court official said yesterday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/court-plans-probe-mondulkiri-logging-claims
Brokers trading without licences
The Securities and Exchange Commission of Cambodia (SECC) has made slow progress in reining in unlicensed operations since issuing its first derivatives trading licence nearly a year ago. To date, only six licences have been issued, while at least as many unlicensed firms continue to ...
Kali Kotoski
http://www.phnompenhpost.com/business/brokers-trading-without-licences
Local startup is selected for fintech accelerator program
A Cambodian startup was selected to take part in Startupbootcamp’s three-month fintech accelerator program in Singapore, becoming the second firm from the Kingdom to join the international program in as many years. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/local-startup-selected-fintech-accelerator-program