The Phnom Penh Post

The Securities and Exchange Commission of Cambodia (SECC) is planning new measures for trading on the local stock exchange that it says will encourage investors to trade more actively. Investors currently need to wait for six intervals – occurring every half-hour between 8.30am and 11.30am – ...

Hundreds of Cambodians hoping to migrate to Japan to work in the electronics industry yesterday protested outside an NGO that they claim conned them out of up to $200 each with promises of jobs. About 100 protesters – out of a total of 300 who are ...

In what is the government’s latest pledge to hold tycoons and foreign investors to account for their business practices, the Ministry of Environment will begin assessing existing and proposed economic land concessions (ELCs), cancelling or rejecting those that have negative social or environment impacts, a ...

US-listed firm Nord Anglia Education has taken over the management of Northbridge International School, the education provider announced earlier this month. Nord Anglia, which currently operates 29 schools stretching from the US to the Middle East, to China, on July 10 took over the day-to-day operations ...

Rights groups have called on the government to increase tax rates for logging companies amid the latest domestic revenue figures. According to the Ministry for Agriculture, Forestry and Fisheries, timber exports produced $9.4 million in government tax revenue during the first half of the year, up ...

The ministry of Posts and Telecommunications (MPTC) has postponed a two-day meeting with telecom firms to discuss a controversial draft law leaked to the Post last week, which details the government’s plan to assert control over the industry. A representative from one telecommunications provider who wished ...

More than 200 residents from seven villages in Ratanakkiri province’s Taveng district have filed a complaint to the local Administrative Fisheries Department and two right groups over claims that rival anglers in the area are collecting fish in their protected lot by poisoning the catch. ...

One person will hold the balance of power on the overhauled National Election Committee when the political agreement signed by the opposition and ruling parties on Tuesday is implemented. Sitting beside four members from the ruling party and four from the opposition, the man or woman ...

Melees at a garment factory in Kandal province between striking workers and employees who are against the industrial action have left five people mildly injured. Employees at the Tae Young factory began striking a week ago, calling for two administrators at the plant to be fired, ...

From the finance to the education sector, the interest from companies looking to list on Cambodia’s nascent stock exchange is on the rise, a CSX official said yesterday, after a meeting with some of the Kingdom’s largest firms. Some 30 companies, the CSX say, are eyeing ...

With the country’s longest post-election deadlock now over and the opposition parliamentarians ready to take their seats, at least some of the CNRP’s most lucrative supporters – those overseas – are struggling to swallow the new concessions. “Join[ing] the CPP [in the National Assembly] is the ...

Coastal erosion became serious enough in Kampong Cham province for authorities to dismantle and move 13 houses along the Mekong. Officials are planning to do the same for about 100 others to prevent them from falling into the river due to rising water levels over the ...

In its continuing campaign to clean up the grade 12 national exam, the Anti-Corruption Unit (ACU) has warned that anyone caught leaking copies of the test or selling answers could find themselves imprisoned. Punishments for misbehaving exam observers are spelled out in an ACU statement released ...

Cambodia’s telecom sector is outraged over a draft law handed down by the Ministry of Posts and Telecommunications (MPTC) on Wednesday, which details a government plan to assert control over the industry. In what is being labeled an “unprecedented, draconian” effort to nationalise the industry, the ...

After striking for more than a week, employees at Phnom Penh’s Sun Well Shoes yesterday marched to Por Sen Chey district hall, demanding their voices be heard. Some 300 people marched from their Veng Sreng Boulevard factory with a list of seven demands, including the ...

News of an end to a year-long political deadlock has labour union leaders believing the opposition party can bring their interests to parliament, but a lack of follow-through could cost the Cambodia National Rescue Party vital support from one of its key interest groups. Different union ...

Phnom Penh City Hall yesterday announced plans to build a promenade down the city’s waterfront, picking up where the current riverfront walkway ends around the Chaktomuk theatre and extending some four kilometres south to the Monivong bridge. ...

Amid promises reiterated by the government yesterday that it will take a tougher stance on economic land concessions, logging tycoon Try Pheap minimally reduced his sweeping natural resource empire, returning more than 20,000 hectares of undeveloped forestry. It was unclear what kind of arrangement prompted Pheap ...

The German ambassador, Joachim Baron von Marschall, signed an agreement with the permanent Deputy Prime Minister Keat Chhon yesterday for €47 million ($64 million) in aid. The grant will be used for developing projects within the ministries of health, rural development and women’s affairs. ...

The Union of Youth Federations of Cambodia (UYFC), led by Hun Many, Prime Minister Hun Sen’s son, is claiming that one of its Facebook pages was hacked by international “hactivist” group Anonymous. ...

After months of decrying the one-party National Assembly as illegitimate and vowing to amend any flawed legislation passed during a parliamentary boycott, the Cambodia National Rescue Party, by agreeing to take its seats yesterday, is about to get its chance. In the roughly 10-month period since ...

Decriminalising sex work could slash the world’s HIV infections by a third or more, according to a new study. Published yesterday in health journal The Lancet, the paper says that punitive treatment of sex workers can “elevate HIV acquisition and transmission risks”. In Cambodia, which has Southeast Asia’s ...

Corn farmers and dealers in the country’s northwestern provinces fear a decline in sales this season as local storage facilities become increasingly scarce and demand from Thai importers declines. Khun Thorn, president of Ta Sdar Samky Farmer Community in Battambang province, told the Post yesterday that ...

Cambodia’s business community welcomed the news yesterday that the county’s longest-ever parliamentary deadlock had come to an end – a resolution investors say will help ease fears of political instability. The ruling Cambodian People’s Party and the opposition Cambodia National Rescue Party yesterday struck a deal ...