The Phnom Penh Post
‘Arbitrary decision’ decried by silenced outlets
The two US-backed media outlets and a local NGO’s news service whose broadcasts in Khmer were yanked off the airwaves by government officials before Sunday’s elections aren’t staying silent about the effect of such a move, with one calling it a giant step backward for ...
RCAF general’s case back in court
The Supreme Court yesterday conducted another hearing into the decade-old case of a three-star RCAF general found guilty in 2002 of owing more than US$50,000 for construction work. Presiding judge and vice-president of the Supreme Court Kong Srim said the court would make a final ruling ...
http://www.phnompenhpost.com/index.php/2012060556584/National-news/generals-case-back-in-court.html
OSK and RHB bank in merger deal
OSK Holdings Berhad and RHB Capital Berhad have announced the signing of a conditional share purchase agreement to merge their investment banking operations, creating the largest investment bank by assets in Malaysia, an official press release said. ...
http://www.phnompenhpost.com/index.php/2012060556578/Business/osk-and-rhb-bank-in-merger-deal.html
Cardamom solution remains an option
Dr. Tim Killeen, author of The Cardamom Conundrum, Reconciling Development and Conservation in the Kingdom of Cambodia, discusses his recently released book, which argues that Cambodia is well positioned to reap the benefits of ‘green development’. Why did you select the Cardamom Mountains as the area ...
‘Outsiders’ denied right to vote
Just under three weeks ago, residents in Pro Ma village were running for their lives as security forces opened fire on them with automatic weapons, killing a 14-year-old girl. About 1,000 police, military police and soldiers stormed their village, fired at them indiscriminately, evicted hundreds of ...
Retail space to triple: report
The supply of shopping centre space in Phnom Penh is set to triple in the next five years, according to a CBRE Cambodia report, and one insider said the jump in higher-end retail venues would come even sooner. A Parkson Corporation Sdn Bhd shopping centre, one ...
http://www.phnompenhpost.com/index.php/2012060456561/Business/retail-space-to-triple-report.html
Koreans aim for medical tourists from Kingdom
The 24,000 Cambodians who visited South Korea during 2011 included about 100 people going for medical services, most of them high-ranking Cambodian government officials, according to Charm Lee, President of the Korea Tourism Organization. At a Korean Medical Tourism conference on Saturday at Sofitel in Phnom ...
Second rice trial to China
Local rice miller Mega Green said it planned to export about 240 tons of milled rice to the Chinese market by the end of June – a second round of test exports to Cambodia’s northern neighbour. Renne Outh, owner of Mega Green Imex Cambodia, told the ...
http://www.phnompenhpost.com/index.php/2012060156526/Business/second-rice-trial-to-china.html
Cambodia’s largest MFI boosts green farming loans
Cambodian microfinance institution PRASAC says it is bolstering its green credentials by increasing loans for eco-friendly farming methods in the kingdom. President and CEO of PRASAC, said the institution is “committed to providing and developing more green financing to the rural people for their livelihood ...
Low price slows trade of PPWS on exchange
The price of Phnom Penh Water Supply Authority shares have fluctuated only US$0.04 during the past 12 days of trading. The low price and a lack of liquidity on the market may account the low volume of shares traded, insiders said, which averaged at 55,773 during ...
Boeung Kak children’s tearful plea
Children of imprisoned Boeung Kak lake women pleaded for their mothers’ release outside the Ministry of Justice yesterday. The demonstration, which included more than 200 Boeung Kak residents and activist monk Loun Savath, was held on the eve of International Children’s Day. It also coincided with more ...
Maid complaints on the rise
The number of complaints filed in Kampong Chhnang province by the families of maids working in Malaysia has jumped exponentially compared to the same period last year, a rights worker told the Post yesterday. Provincial Adhoc coordinator Soum Chankea said 39 requests for the NGO’s intervention ...
http://www.phnompenhpost.com/index.php/2012060156536/National-news/maid-complaints-on-the-rise.html
KR commerce scrutinized
Democratic Kampuchea’s commerce committee was under the leadership of co-accused Khieu Samphan and Ieng Sary, testimony by former national bank deputy director Sar Kimlomouth revealed yesterday at the Khmer Rouge tribunal. Although the Khmer Rouge regime had eliminated currency and attempted to turn the nation into ...
http://www.phnompenhpost.com/index.php/2012060156534/National-news/kr-commerce-scrutinized.html
Long hair a luxury for evictees
Kheng Chen had her hair cut in January and sold it to a broker for just under US$8. She isn’t happy with the close-cropped style because it makes her look older than her 48 years. But when Kheng Chen grows her hair back in a few ...
Research shows Cambodian entrepreneurship tendency
Ninety–nine per cent of Cambodians have a television set in their home, according to data compiled by Indochina Research. “We know everybody watches television,” said General Manager Laurent Notin. “Television is the most trusted media channel for Cambodians.” The saturation of television is only one of the ...
Bicycle tours take people off the beaten path around Cambodia
Cycling is becoming increasingly popular in Cambodia, and bicycle tours are being seen as an active and exciting way for tourists to see the less noticed parts of the kingdom, said Adam Platt-Hepworth, the regional manager of Grasshopper Adventures, a bike tour company. Grasshopper Adventures, at ...
Electronics factory to open
A US$37.9 million base plate factory will launch in June in the northwestern province of Banteay Meanchey, Japanese electronics manufacturer SC WADO Component Co said yesterday in a statement. The entry of SC WADO, a subsidiary of Nidec Electronics, was another step in Cambodia’s march away ...
http://www.phnompenhpost.com/index.php/2012053156501/Business/electronics-factory-to-open.html
Canadia Bank backs a rice mill in Takeo
Canadia Bank will launch a rice mill in Cambodia’s Takeo province in October, a move that insiders said could help curb the flow of unmilled rice to neighbouring Vietnam. Bank officials yesterday said they will buy US$3 million in milling equipment, and the total cost of ...
Borei Keila evictees will be given a lift back to vote
Borei Keila evictees will have a chance to revisit the area they were forcibly evicted from this Sunday when authorities truck them back from the makeshift tents of their relocation site for a special purpose – to vote. Touch Khorn, a representative of the Borei Keila ...
Angkor Gold identifies northeast prospects
Angkor Gold Corp, a Toronto Stock Exchange-listed company, has announced the identification of five new prospects in Ratanakiri province, according to a company statement. the mining firm said it planned to consolidate its gold prospects in the northeastern corner of the country. ...
Land’s ‘owner’ alleges violence
Six residents of the Boeung Chhouk community in the capital’s Russei Keo district have been summonsed to court to answer charges they used violence against the supposed owner of their land – a person they claim never to have met. Khiev Chenda, 42, one of six ...
http://www.phnompenhpost.com/index.php/2012053156506/National-news/lands-owner-alleges-violence.html
Koh Pich to host ASEAN dinner
The new function building at Diamond Island known as Koh Pich City Hall will host the ASEAN Foreign Minister’s dinner on July 12. Completed in March and opened last month, construction of the lavishly furnished venue was timed to coincide with Cambodia’s chairmanship of ASEAN this ...
http://www.phnompenhpost.com/index.php/2012053156497/Business/koh-pich-to-host-asean-dinner.html
‘Restraint’ watchword at ASEAN meet
The planned theme of yesterday’s ASEAN defence ministers roundtable was military cooperation between countries, particularly in times of natural disaster, but it was a theme invariably pushed to the background by other regional developments. Among them was what appeared to be a cooling-off period in the ...
http://www.phnompenhpost.com/index.php/2012053056478/National-news/restraint-watchword-at-meet.html
Cambodia seeks $200m from China for rice mill
Cambodian government officials and private sector leaders have met with Chinese officials to negotiate a US$200 million loan for the development of Cambodia’s rice sector, an official said on Tuesday. The new loan would focus on the development of the agricultural sector, primarily the construction ...