The Phnom Penh Post

Leaks detail Cambodian ties to clandestine world of offshore banking

In 2001, a man with the same name and address as Tuol Kork-based computer salesman Thai Tino established the first of several shell companies incorporated in the British Virgin Islands.   ...

Jack Davies
http://www.phnompenhpost.com/national/leaks-detail-cambodian-ties-clandestine-world-offshore-banking

Ex-military police officer arrested in Mondulkiri

Notorious former military police officer and purported illegal-timber trader Sou Marith was apprehended yesterday morning along with three other men while allegedly transporting timber in Mondulkiri’s Keo Seima district. ...

Phak Seangly
http://www.phnompenhpost.com/national/ex-military-police-officer-arrested-mondulkiri

Hot weather shakes up local salt sector

Unusually high yields of salt production in Kep and Kampot province have surpassed the market’s low demand, filling the nation’s salt storage facilities to capacity, the head of a local industry body said yesterday.   ...

Sor Chandara
http://www.phnompenhpost.com/business/hot-weather-shakes-local-salt-sector

NBC reveals interbank fund payment service

The National Bank of Cambodia will launch a new payment system to increase inter bank activity in a move to shore up confidence in the Kingdom’s rapidly expanding banking sector, it said in a press release yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/nbc-reveals-interbank-fund-payment-service

Fourth IPO kicks off roadshow

Phnom Penh SEZ Plc, which operates the country’s busiest industrial park, launched its IPO public roadshow yesterday, pitching its solid track record and growth potential to prospective investors that it hopes will sink up to $11.6 million into the company’s initial public offering on the ...

Cam McGrath
http://www.phnompenhpost.com/business/fourth-ipo-kicks-roadshow

Freight rail services gather pace

Freight rail shipments have gained traction since commercial rail traffic resumed on the Kingdom’s sole operational railway line in 2013, but Royal Railway, the private company with a 30-year concession to operate the Kingdom’s railway network, is pressing for more growth as it seeks to ...

Kali Kotoski
http://www.phnompenhpost.com/business/freight-rail-services-gather-pace

Crackdown halts illegal timber trade with Vietnam: gov’t

The illegal timber trade to Vietnam, a key nexus in a shadow industry worth billions of dollars, has been all but eliminated, an official said yesterday in summarising a new report from the government’s anti-logging commission, a claim met with disbelief by more than one ...

Mech Dara and Igor Kossov
http://www.phnompenhpost.com/national/crackdown-halts-illegal-timber-trade-vietnam-govt

Low reservoir levels in Siem Reap affecting thousands

More than 1,000 families in Siem Reap province are facing clean water shortages as the water level at Baray Teuk Thla reservoir has fallen for the first time in several years due to the especially harsh drought conditions confronting the Kingdom in recent months.   ...

Sen David
http://www.phnompenhpost.com/national/low-reservoir-levels-siem-reap-affecting-thousands

Fire officials to aid CPP village push

Twenty-four officials from the Interior Ministry’s fire department have been ordered to join the ruling Cambodian People’s Party’s local working groups operating in Battambang province.   ...

Mech Dara
http://www.phnompenhpost.com/national/fire-officials-aid-cpp-village-push

Customs revenue up by 30 pct in first quarter

Revenue from customs duties and excise tax grew by around 30 per cent to $472 million during the first quarter of the year ...

Post Staff
http://www.phnompenhpost.com/business/customs-revenue-30-pct-first-quarter

Angkor beer maker called out over Don Sahong dam

Environmental activists yesterday renewed their calls for Angkor Beer maker Cambrew to clarify its director’s relationship with the controversial Don Sahong dam currently under construction in southern Laos.   ...

Kong Meta
http://www.phnompenhpost.com/national/angkor-beer-maker-called-out-over-don-sahong-dam

Kingdom’s first abattoir primed for Australian cattle

After a series of technical delays and setbacks, the Kingdom’s first industrial slaughterhouse is ready to begin operations and will start production upon receiving its first shipment of 2,000 heads of live Australian cattle in late May, the company behind the project said yesterday. ...

Kali Kotoski and Sor Chandara
http://www.phnompenhpost.com/business/kingdoms-first-abattoir-primed-australian-cattle

Patrol thwarts bid to cross Thai border illegally

Police in Koh Kong province reported yesterday that 49 Cambodians were caught trying to cross the Thai border during a forest patrol on Monday in Smach Meanchey district.   ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/patrol-thwarts-bid-cross-thai-border-illegally

Workers at abandoned factory seek back wages

More than 400 workers at the South Korean-owned Dae Kwang Garment factory protested at the Canadia Industrial Park yesterday demanding unpaid salaries after the factory’s owner disappeared. ...

Sen David
http://www.phnompenhpost.com/national/workers-abandoned-factory-seek-back-wages

Protests planned for Preah Vihear sugar plant’s opening

Preah Vihear’s deputy governor has vowed not to let protesters near Prime Minister Hun Sen as he cuts the ribbon on a $360 million sugar mill in Tbeng Meanchey district today. ...

Phak Seangly
http://www.phnompenhpost.com/national/protests-planned-preah-vihear-sugar-plants-opening

Culture ministry bans film on forest activist Chut Wutty

The Ministry of Culture and Fine Arts has banned a screening of a documentary film about murdered environmentalist Chut Wutty and threatened “strong action” against the venue if films continue to be shown without first being cleared by the government.   ...

Alessandro Marazzi Sassoon and Mech Dara
http://www.phnompenhpost.com/national/culture-ministry-bans-film-forest-activist-chut-wutty

Officials survey Prey Lang from sky

Making a dramatic arrival by helicopter at the Sofitel Hotel in Phnom Penh after a flyover of Prey Lang forest, Environment Minister Say Sam Al and US Ambassador to Cambodia William Heidt discussed a plan to make the Kingdom’s largest forest a protected area. ...

Pech Sotheary and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/officials-survey-prey-lang-sky

NEC touts achievements

A year after a major overhaul, the National Election Committee (NEC) issued a statement touting its achievements – including testing electronic voter registration and consulting donors like the EU and Japan – with one observer saying that despite criticism of the deal that reformed the ...

Bun Sengkong and Ananth Baliga
http://www.phnompenhpost.com/national/nec-touts-achievements

Gov't thanks Chinese for keeping dam open

Phnom Penh has welcomed a decision by China to continue releasing water into the Mekong from the Jinhong Dam – even though it is likely to do little to alleviate drought conditions.    ...

Bun Sengkong and Igor Kossov
http://www.phnompenhpost.com/national/govt-thanks-chinese-keeping-dam-open

Former SRP president slams arrest of Um Sam An

As the opposition marked the 41st anniversary of the fall of Phnom Penh to the Khmer Rouge, one of its senior officials yesterday lashed out at the imprisonment of a CNRP lawmaker for criticising the government’s handling of the Vietnamese border issue. ...

Meas Sokchea
http://www.phnompenhpost.com/national/former-srp-president-slams-arrest-um-sam

ElCs earn just $5M for gov’t

The bulk of Cambodia’s economic land concessions (ELCs) – at the centre of numerous land disputes and human rights concerns over the past two decades – generated just $5 million for state coffers last year, with critics attributing the meagre returns to a lack of ...

Ananth Baliga and Vong Sokheng
http://www.phnompenhpost.com/national/elcs-earn-just-5m-govt

Royal group in talks with China, Indonesia on proposed oil pipeline

Cambodian conglomerate the Royal Group is in talks with two foreign state-owned petroleum companies to conduct feasibility studies for an oil pipeline that would run from Sihanoukville to Phnom Penh, a government official has confirmed. ...

Kali Kotoski and Sor Chandara
http://www.phnompenhpost.com/business/royal-group-talks-china-indonesia-proposed-oil-pipeline

Siem Reap readies for Khmer new year tourist flood

Tourism authorities in Siem Reap are anticipating that more than a million tourists will descend on the temple town for the Angkor Sangkran festival, the country’s biggest cultural attraction over the Khmer New Year holiday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/siem-reap-readies-khmer-new-year-tourist-flood

Little promise in union law debate, says SRP senator

Following the National Assembly’s passage of the draft trade union law last week, the Senate is set to take up the law today, with the permanent committee scheduled to discuss it followed by a vote on Tuesday, said the Senate’s secretary-general Oum Sarith.   ...

Vong Sokheng
http://www.phnompenhpost.com/national/little-promise-union-law-debate-says-srp-senator

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