The Phnom Penh Post

Grand Twins International, Cambodia’s second stock exchange listing, will list at the lower end of its expected buy-in range, an announcement on the Phnom Penh Securities (PPS) website said yesterday. GTI is to begin trading on May 29 with nine million shares at $2.41 each, according ...

The long-awaited trial of the 23 men arrested during strike demonstrations in early January began this morning at 8 am at Phnom Penh Municipal Court and is proceeding into the afternoon. Before the trial began, police had already blocked off the street in front of the ...

Ancient ironwork at a site in Preah Vihear province that predates the civilisation of Angkor will fall within a new national park formed by royal decree last week. More than 200 pre-Angkor era industrial sites have been discovered since 2010, but the newly created national park ...

Cambodia’s tax department is under-resourced and understaffed, thereby hindering its ability to generate revenue, according to an Asian Development Bank (ADB) analysis released earlier this month. The analysis, which took into account survey results from 22 tax revenue bodies across Asia between 2012 and 2013, paints ...

One month after the capital’s power provider promised to end chronic city blackouts for good this hot season, residents and businesses continue to find themselves sweltering in the heat and throwing away any spoilable goods due to the unpredictable losses of electricity. In March, Electricite du ...

Striking Phnom Penh Sorya Transportation bus service workers demonstrated with fired employees outside a company garage in Russey Keo district yesterday and threatened to lead others off the job again if a deal on contracts can’t be brokered by the Ministry of Labour and company ...

Cambodia’s trade deficit expanded to almost half a billion dollars during the first three months of the year, according to the latest figures from the Ministry of Commerce. Between January and March, Cambodia’s exports reached $1.99 billion, up 19 per cent compared to the same period ...

Two union leaders were summonsed and questioned by a municipal court prosecutor yesterday over allegations they illegally detained the boss of a packaging factory in Por Sen Chey district’s Choam Chao commune during a strike. According to Phnom Penh Municipal Court deputy prosecutor Ek Chheng Huoth, ...

A mid​ strong demand growth in the Grade A office sector, a joint-venture agreement signing event was held at the Sofitel Phokeethra last week, establishing an investment company, provisionally called Kingdom Luxury Development Co, which aims to build a Grade-A office tower Phnom Penh. The joint-venture ...

Lightning killed two people sheltering from rain on Wednesday in Preah Sihanouk’s Stung Hav district. Ros Ky, the district police chief, said Khem Nget, a 40-year-old motodop from Kampot, and a second victim identified only as Vanny, 50, were taking shelter near Vanny’s home in Tomnup ...

Dozens of houses have been marked for demolition near Phnom Penh International Airport as authorities say the families must be moved to bring the site in line with international standards. Civil aviation officials visited Chrey Chisark village in Por Sen Chey district’s Choam Choa commune with ...

Members of a Lao ethnic community in Ratanakkiri province allegedly burned down three makeshift houses belonging to a rubber plantation on Monday. The 250 villagers in Veun Sai district’s Hatpak village accuse Indian-owned SK Company of encroaching on the forest and ignoring markers demarcating village farmland, ...

Phnom Penh City Hall once again rejected the opposition Cambodia National Rescue Party’s bid to hold campaigns for the coming council elections in Freedom Park yesterday but said the final decision is beyond its reach. After its first request was rejected on Tuesday for going against ...

Before this past September, Nov Borom, a 52-year-old mother of five, lived with both a tenuous housing situation and HIV. But through a collaboration of several NGOs who sought to provide Cambodia’s most vulnerable people with housing able to withstand the region’s rainy season and floods, ...

About 80 villagers calling for the release of two former Khmer Rouge soldiers allegedly arrested for illegally occupying land in Malai district rallied outside Banteay Meanchey Provincial Hall, locals and rights group Adhoc said yesterday. Community representatives Ly Khley and Hoeun Vy were detained on Tuesday ...

In a first for Phnom Penh, South Korean condominium developer Nury D&C has teamed up with SBI Royal Securities to offer condominium buyers a leaseback arrangement on the remaining condo-miniums and condo-minium blocks for sale at De Castle Royal. The 32-storey De Castle Royal has a ...

One hundred fishermen in Banteay Meanchey province’s Sisophon town filed a complaint with local authorities yesterday, accusing a provincial fisheries administration official in Phniet commune of selling their subsistence fishing lot to a businessman. ...

Two villagers in Kampong Chhnang province’s Kampong Trolach district have fled their homes for safety reasons after getting an alarming summons from police in response to their refusal to accept relocation money from KDC International Company, which has been feuding with locals over land for ...

Fourteen families evicted from Boeung Kak were left disappointed again yesterday when Phnom Penh’s governor ignored their calls to increase the size of land plots authorities had offered them. During a three-hour meeting, Governor Pa Socheatvong held firm on a 2011 decision that the families would ...

Exactly who will participate in a workshop to set the minimum wage in the garment sector with the Ministry of Labour this week remained unclear yesterday, with some key figures saying they had not yet been invited. During the workshop, to be held on Thursday and ...

A deputy district governor and a land tycoon are allegedly attempting to seize land deemed sacred by about 700 monks and residents who gathered yesterday in protest outside the unfinished Wat Kohbodhivong in Phnom Penh’s Sen Sok district. Banner-wielding participants said that tycoon Chheang Paksour and ...

Imports of older cars and vans should be banned to help reduce pollution, Minister of Industry and Handicrafts Cham Prasidh said on Monday. Speaking to Cambodia’s business community at a Green Industry workshop in Phnom Penh on Monday, Prasidh said all countries had a role to ...

Unrest in the garment sector spread yesterday, as hundreds of workers from Kandal province demonstrated outside their factory. The 700 workers at Unity Fashion factory walked off the job after managers said they would dock wages of workers who did not show up on April 17, ...

In an effort to bolster China’s cultural influence and expand bilateral ties, the Chinese government last week donated $203,000 to support the Kingdom’s increasingly popular Chinese-language classes. The funding was transferred last Thursday to the Chinese Association in Cambodia, which said it plans to expand class ...