The Phnom Penh Post

Equity fund takes stake in iCare

A Singapore-based private equity fund manager has acquired a significant minority stake in iCare Benefits (Cambodia) Co Ltd, an employee benefits programme offered to enterprises that operate in the Kingdom. ...

Kali Kotoski
http://www.phnompenhpost.com/business/equity-fund-takes-stake-icare

Domestic workers call for rights protection

Domestic workers and NGOs yesterday urged the government to ratify a UN convention to protect domestic workers’ rights and freedoms, and to regulate their working conditions. ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/domestic-workers-call-rights-protection

‘We have to keep moving’: Sokha speaks about Kingdom’s recent election – and the next

Opposition leader Kem Sokha said in an interview on Saturday that he believed Prime Minister Hun Sen could be compelled to relinquish power if he loses the July 2018 national election and that his party’s task was now to present itself as a group ready ...

Alex Willemyns and Mech Dara
http://www.phnompenhpost.com/national/we-have-keep-moving-sokha-speaks-about-kingdoms-recent-election-and-next

Four new governors named, some controversial figures

Four officials have been elevated to become governors of three provinces and Phnom Penh, including controversial Deputy Phnom Penh Governor Khuong Sreng, who will take over leadership of the capital from retiring current Governor Pa Socheatvong. ...

Niem Chheng
http://www.phnompenhpost.com/national/four-new-governors-named-some-controversial-figures

Hun Sen taunts Sam Rainsy, branding him a coward for not returning home

Prime Minister Hun Sen used a public speech yesterday to mercilessly mock former opposition leader Sam Rainsy, taunting him to make good on a promise to return to Cambodia, sarcastically referring to him as a “hero” and even singing a few bars of a classic ...

Meas Sokchea and Alex Willemyns
http://www.phnompenhpost.com/national/hun-sen-taunts-sam-rainsy-branding-him-coward-not-returning-home

A roadmap for financial growth

The government yesterday unveiled its financial sector development strategy for 2016 to 2025, which provides stakeholders with a document to evaluate the last decade of growth while outlining an action plan for the next decade. Chea Serey, director-general of the NBC, said the content of ...

Hor Kimsay
http://www.phnompenhpost.com/business/roadmap-financial-growth

Minister presses KNUP backers on support for Nhek Bun Chhay

Problems continue to grow for Khmer National United Party President Nhek Bun Chhay in the wake of the prime minister’s decision to terminate his role as a government adviser, with at least two members of his group defecting to the ruling Cambodian People’s Party in ...

Meas Sokchea and Shaun Turton
http://www.phnompenhpost.com/national/minister-presses-knup-backers-support-nhek-bun-chhay

Relocation land not cleared

Over 1,000 hectares of agricultural land granted as compensation to more than 300 ethnic Lao families displaced from Sre Kor village in Stung Treng province by the Lower Sesan II dam project have not been cleared for cultivation, threatening the families with a food shortage, ...

Phak Seangly
http://www.phnompenhpost.com/national/relocation-land-not-cleared

Groups discuss impact of upcoming Laos dam

A coalition of youth and community groups yesterday held a meeting in Phnom Penh to discuss the controversial Pak Beng dam in Laos, issuing a request for its construction to be halted until after an impact assessment expected from the Mekong River Committee (MRC) is ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/groups-discuss-impact-upcoming-laos-dam

Rainsy exile order lifted, but ex-CNRP leader hints his return is dependent on pardon

The Council of Ministers yesterday ended the ban on the return of former opposition leader Sam Rainsy, an apparent reaction to the latter’s comments the night before on a radio broadcast vowing to come back if the restrictions were dropped. “The government has decided to ...

Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national/rainsy-exile-order-lifted-ex-cnrp-leader-hints-his-return-dependent-pardon

Local bond market on the horizon

The government is preparing legislation to regulate the establishment of a corporate bond market that would give local companies a new debt instrument to raise capital for their operations or expansion. ...

Brian Ng
http://www.phnompenhpost.com/business/local-bond-market-horizon

Women make few gains at polls

Despite vows by both major political parties to increase female representation in politics, women made up only a small proportion of commune chiefs chosen in this month’s elections, though some gains were made by the opposition party.   ...

Leonie Kijewski and Yon Sineat
http://www.phnompenhpost.com/national/women-make-few-gains-polls

CPP wins Doung recount

After a full recount, the NEC said the results now stood at 2,611 votes to the CPP and 2,609 to the CNRP, handing the commune that was initially won by the opposition to the ruling party. The body said it deliberated on 141 invalid ballots, ...

Chhay Channyda
http://www.phnompenhpost.com/national/cpp-wins-doung-recount

Naga CEO Lip Keong seeking majority stake

Nagacorp Ltd, the operator of Phnom Penh’s NagaWorld hotel and casino complex, announced that the company’s chief executive, Chen Lip Keong, has submitted a proposal to shareholders and the Hong Kong Stock Exchange that would allow him to divest his personal investment of $369 million ...

Post Staff
http://www.phnompenhpost.com/business/naga-ceo-lip-keong-seeking-majority-stake

‘Life Skills’ course in the works

A new school course would teach children from grades 5 to 12 for the first time about LGBT issues, sex and gender-based violence, as part of a proposed Ministry of Education curriculum.   ...

Leonie Kijewski and Kong Meta
http://www.phnompenhpost.com/national/life-skills-course-works-1

Man held in Battambang for signing as village chief

A CNRP supporter in Battambang province’s Anlong Lvea village was detained and questioned yesterday for illegally signing official documents meant only for the village chief. ...

Niem Chheng
http://www.phnompenhpost.com/national/man-held-battambang-signing-village-chief

NGOs claim 95 percent result count accuracy

As the National Election Committee launched into the recount process for contested communes yesterday, an election watchdog coalition announced it had found that 95 percent of a sample of polling stations’ vote count forms from the election body matched those compiled by the group itself. ...

Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/ngos-claim-95-percent-result-count-accuracy

Mother Nature activists allege intimidation at sand dredging protest

About 30 villagers escorted two environmental activists from Kandal province’s Sa’ang district to the relative safety of Phnom Penh yesterday after the pair were allegedly harassed by local police for helping coordinate a protest against sand dredging in the area the day before. ...

Phak Seangly and Yesenia Amaro
http://www.phnompenhpost.com/national/mother-nature-activists-allege-intimidation-sand-dredging-protest

Carving Tbong Khmum from Kampong Cham may see CPP gain assembly seat

Four years ago, when the opposition snatched Kampong Cham away from the ruling party in 2013 national elections, it hinted at a deeper shift taking place in what was then the Kingdom’s most populous province. ...

Mech Dara and Erin Handley
http://www.phnompenhpost.com/national/carving-tbong-khmum-kampong-cham-may-see-cpp-gain-assembly-seat

Jet’s to expand night market

Following the popularity of Cambodia’s first-ever container night market, the company behind the project said it is investing an additional $500,000 to expand the open-air facility with an annex scheduled to open next month. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/jets-expand-night-market

Kingdom asks WTO to share trade information

Cambodian Minister of Commerce Pan Sorasak put forward a proposal last week requesting that the World Trade Organization (WTO) share information of bilateral and regional trade agreements with all its members to help smaller economies integrate into global trade markets. ...

Post Staff
http://www.phnompenhpost.com/business/kingdom-asks-wto-share-trade-information

Ex-RCAF commander Nhek Bun Chhay accused of disloyalty, stripped of role

Nhek Bun Chhay, president of the Khmer National United Party and former commander of Cambodia’s military under the royalist-led government of the 1990s, was stripped of his role as an adviser to the government and forced to surrender his firearms because he was “no longer ...

Mech Dara
http://www.phnompenhpost.com/national/ex-rcaf-commander-nhek-bun-chhay-accused-disloyalty-stripped-role

Rain, crickets destroy 100 hectares of paddy

Floods and a plague of crickets have left about 100 hectares of rice crops destroyed in Tbong Khmum province after a week of heavy rains, local farmers and officials said yesterday. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/rain-crickets-destroy-100-hectares-paddy

White Building locals get Ministry send-off

The Land Management Ministry hosted a farewell party for residents of Phnom Penh’s iconic but crumbling White Building Saturday, serving up large quantities of noodles and bringing in Buddhist monks to bless the residents before they move. ...

Kong Meta
http://www.phnompenhpost.com/national/white-building-locals-get-ministry-send

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