The Phnom Penh Post

Controversial elephant swap with Japan called off

A controversial proposed animal swap that would have seen elephants Kiri and Seila sent from the notorious Teuk Chhou Zoo in Kampot to a zoo in Japan in exchange for other exotic species has been officially called off, new documents show.   ...

Charles Parkinson and Phak Seangly
http://www.phnompenhpost.com/national/controversial-elephant-swap-japan-called

PPSEZ sets timeline for delayed IPO launch

After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced yesterday that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on April 18 and hold a public roadshow ...

Kali Kotoski
http://www.phnompenhpost.com/business/ppsez-sets-timeline-delayed-ipo-launch

Gov’t urges petroleum firms to keep exploring

Oil and gas exploration companies operating in Cambodia must follow the schedule of their concession contracts or face fines and risk having their contracts revoked, a state official warned yesterday. ...

Sor Chandara
http://www.phnompenhpost.com/business/govt-urges-petroleum-firms-keep-exploring

Government policy to boost STEM learning

The government has broadly adopted a policy to improve STEM (science, technology, engineering and mathematics) teaching in a bid to turn around the Kingdom’s dismal pass rates for the subjects in the 12th grade national examinations, according to a government official.   ...

Yesenia Amaro
http://www.phnompenhpost.com/national/government-policy-boost-stem-learning

Raya adds air freight service to Cambodia

Malaysian national cargo carrier Raya Airways has added Phnom Penh to its service roster in response to growing demand for air freight shipments of consumer products such as textiles and garments, the company said yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/raya-adds-air-freight-service-cambodia

South Korea envoy defended as graft probe continues

A relative of Cambodia’s ambassador to South Korea, who was detained on Monday amid a corruption probe, yesterday claimed the envoy was innocent, as the Anti-Corruption Unit reportedly prepared to send the case to court.   ...

Mech Dara
http://www.phnompenhpost.com/national/south-korea-envoy-defended-graft-probe-continues

Vinamilk keeps stake in Angkor dairy plant

Vietnamese dairy giant Vinamilk has appointed Angkor Dairy Products Co Ltd as the official distributor of Vinamilk products in Cambodia following the closure of its local representative office last month. ...

Sor Chandara
http://www.phnompenhpost.com/business/vinamilk-keeps-stake-angkor-dairy-plant

Mekong dams’ annual impact put at $450M

A 30-month study by Vietnamese researchers on the impact of 11 proposed hydroelectric dams in the Lower Mekong Basin (LMB) has found that the economic damage to Cambodia alone will be worth some $450 million per year. ...

Igor Kossov
http://www.phnompenhpost.com/national/mekong-dams-annual-impact-put-450m

New minister vows to tackle land registration

The new minister of Land Management, Urban Planning and Construction, Chea Sophara, should strive to resolve the country’s land disputes and expand land registration services, his outgoing predecessor Im Chhun Lim said during a handover ceremony yesterday. ...

Lay Samean
http://www.phnompenhpost.com/national/new-minister-vows-tackle-land-registration

Casino operator’s winning streak continues

Nagacorp Ltd, the Cayman Islands-registered operator of Cambodia’s NagaWorld casino and hotel complex, recorded $153.8 million in gross gaming revenue during the first quarter of 2016, a 35 per cent increase over the same period last year. ...

Cam McGrath
http://www.phnompenhpost.com/business/casino-operators-winning-streak-continues

Foreign affairs bureau chief charged with embezzlement

A Foreign Affairs Ministry official arrested by anti-corruption authorities last week for taking bribes to process documents for a foreign company has been charged with embezzlement and sent to prison to await trial, officials said on Monday.   ...

Ben Sokhean
https://www.cambodiadaily.com/news/foreign-affairs-bureau-chief-charged-with-embezzlement-110867/

Authorities feud over seized vehicles

Tensions flared between military police, traffic police and local officials on Sunday over the impounding of cars alleged to have violated the Traffic Law.   ...

Mech Dara
http://www.phnompenhpost.com/national/authorities-feud-over-seized-vehicles

Assembly approves PM's ministerial reshuffle

The National Assembly yesterday approved a reshuffle of Prime Minister Hun Sen’s cabinet, with a pair of unidentified opposition lawmakers backing the changes along with the ruling party, even after the prime minister reminded the CNRP he didn’t need their support.   ...

Meas Sokchea
http://www.phnompenhpost.com/national/assembly-approves-pms-ministerial-reshuffle

Two new faces to join Constitutional Council

Outgoing minister of land management Im Chhun Lim and former Ministry of Tourism secretary of state Sam Prumnea are set to join the Constitutional Council. ...

Lay Samean
http://www.phnompenhpost.com/national/two-new-faces-join-constitutional-council

Seafood sales tanking as algal bloom raises health concerns

Demand for seafood throughout the Kingdom has slowed as a result of warnings issued by Prime Minister Hun Sen and the Ministry of Environment to avoid coastal seafood consumption this past weekend, due to a massive algal bloom off the coast of Kep province. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/seafood-sales-tanking-algal-bloom-raises-health-concerns

Trade union law passes

The National Assembly yesterday passed a contentious trade union law, just hours after a group of pro-union demonstrators and Daun Penh district security guards clashed violently outside. ...

Ananth Baliga and Pech Sotheary
http://www.phnompenhpost.com/national/trade-union-law-passes

Kingdom licenses first round of new factories

Forty new factories received permission to operate in Cambodia during the first three months of this year, while 54 factories have applied for licenses and 21 are currently undergoing renewal procedures, according to a report released yesterday by the Ministry of Industry and Handicraft. ...

Post Staff
http://www.phnompenhpost.com/business/kingdom-licenses-first-round-new-factories

League for Democracy Party holds congress

Some 5,000 supporters turned out for the congress of the League for Democracy Party in Phnom Penh yesterday.   ...

Mech Dara
http://www.phnompenhpost.com/national/league-democracy-party-holds-congress

Battambang man dies in old gold-mining pit

Conflicting versions of events emerged yesterday after a Battambang man was found dead in a disused gold-mining pit in the province’s Phnom Proek district.   ...

Niem Chheng
http://www.phnompenhpost.com/national/battambang-man-dies-old-gold-mining-pit

Anemia in Kingdom not always about iron: study

Nearly half of Cambodian women of reproductive age suffer from at least mild anemia, however iron and other nutrient deficiencies may not be to blame, a study published on Friday suggests.   ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/anemia-kingdom-not-always-about-iron-study

Bringing Japan FDI into focus

Launched last week, the Cambodia-Japanese Business Investment (CJBI) group aims to facilitate a dialogue between the two countries to bolster investment, and to help guide Japanese businesspeople through Cambodia’s often murky investment climate. The Post’s Cheng Sokhorng sat down with Koem Oeurn, CJBI president, to ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/bringing-japan-fdi-focus

Protest to greet Union Law vote

As the National Assembly finally comes face to face with the draft union law today, it is unclear whether opposition lawmakers will vote against the contentious legislation. Independent trade unions, meanwhile, are planning a protest outside parliament. ...

Meas Sokchea
http://www.phnompenhpost.com/national/protest-greet-union-law-vote

Algal blooms off Kep coast lead to swimming and seafood scares

A massive algal bloom off the coast of Kep that has left scores of dead coastal crabs and fish in its wake resulted in warnings from the Ministry of Environment and Prime Minister Hun Sen this weekend to avoid eating seafood or swimming in the ...

Brent Crane and Pech Sotheary
http://www.phnompenhpost.com/national/algal-blooms-kep-coast-lead-swimming-and-seafood-scares

Thai membership card seeks Cambodian elites

A Thai privilege card program that costs nearly $15,000 to join is banking on Cambodia’s robust yet deeply polarised economy to provide up to 60 new card members a year. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/thai-membership-card-seeks-cambodian-elites

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