The Phnom Penh Post

PPWSA settles on IPO price

A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...

http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html

Drug connection denied

Prime Minister Hun Sen’s nephew Hun To has emphatically denied all allegations published by Australian newspaper The Age about his involvement in a heroin-trafficking and money-laundering syndicate targeting Australia. Hun To, whose wife and children reside in Melbourne, Australia, told the Post yesterday that he plans ...

http://www.phnompenhpost.com/index.php/2012032755268/National-news/drug-connection-denied.html

ASEAN’s finance ministers in capital

The 16th ASEAN Finance Ministers’ Meeting kicks off early today in Phnom Penh, where members of the 10-country association are expected to discuss strengthening regional financial ties and co-operation in the face of economic uncertainty in the West. ...

http://www.phnompenhpost.com/index.php/2012032755253/Business/aseans-finance-ministers-in-capital.html

Police to ‘monitor’ activists

Kampong Thom province Police and soldiers have been deployed to Prey Lang forest to monitor the activities of about 500 villagers patrolling for illegal loggers, a police official said yesterday. The police and military officers gathered along a road leading to the CRCK rubber company, which has ...

http://www.phnompenhpost.com/index.php/2012032755262/National-news/police-to-monitor-activists.html

Authorities nab loggers at border

Cambodia border police arrested 12 people last week who attempted to cross illegally from Preah Vihear province into Thailand to log rosewood, officials said yesterday. .. ...

http://www.phnompenhpost.com/index.php/2012032755259/National-news/authorities-nab-loggers-at-border.html5

River families’ time up

Nearly 400 families were told yesterday they had to move from their homes along the Siem Reap river within the week. Siem Reap district governor Tep Bun Chhay said 392 families had to relocate from Sala Kamroeuk commune before this Sunday. ...

http://www.phnompenhpost.com/index.php/2012032755261/National-news/river-families-time-up.html

More maids missing in Malaysia: parents

Parents of four girls sent to work as maids in Malaysia filed a complaint with Adhoc yesterday in Preah Vihear province saying they had not heard from their daughters for anywhere from two to nearly five years. Prak Leat, 41, said her daughter had left for ...

http://www.phnompenhpost.com/index.php/2012032755256/National-news/more-maids-missing-in-malaysia-parents.html

EU assists land reform

The European Union had provided more than US$265,000 to a land reform project that aimed to shift political will and opinion towards land and human rights in Cambodia, development partners said yesterday. The Cambodian Centre for Human Rights will spearhead the Cambodian Land Law Reform Project, ...

http://www.phnompenhpost.com/index.php/2012032655241/National-news/land-reform-gets-eu-assist.html

Prey Lang villagers on patrol

Kampong Thom province About 500 frustrated villagers, citing the authorities’ inaction as their motivation, rode some 250 motorbikes into Prey Lang forest over the weekend in yet another effort to combat illegal logging they say is decimating the area. The villagers from four provinces surrounding Prey Lang ...

http://www.phnompenhpost.com/index.php/2012032655246/National-news/prey-lang-villagers-on-patrol.html

Laos logging incident sees man shot, injured

A Cambodian man was injured last week after Lao authorities shot him while he was illegally logging rosewood in Laos’ Champasak district, near Stung Treng province, authorities said yesterday. Siem Pang district police chief Var Sophan told the Post yesterday that 27-year-old Sarin Da was accompanied ...

http://www.phnompenhpost.com/index.php/2012032655242/National-news/laos-logging-incident-sees-man-shot-injured.html

Railway project suffers a blow

The contractor in charge of rebuilding Cambodia’s national railway has been cutting corners on the health and safety of its workers, according to a report published yesterday by the Asian Development Bank. TSO-AS & Nawarath, a French-Thai joint venture, was reportedly found to have grossly violated ...

http://www.phnompenhpost.com/index.php/2012032355214/Business/railway-project-suffers-a-blow.html

The great land giveaway

More than 2 million of the Kingdom’s nearly 18 million hectares of land – roughly 12 per cent – was given out to 225 private companies in economic concessions last year, according to an annual report released by rights group Adhoc yesterday. The concessions put 606 ...

http://www.phnompenhpost.com/index.php/2012032355211/National-news/the-great-land-giveaway.html

The rector versus the tycoon

The morning before the verdict was handed down at the Appeals Court on March 12, the mood among those working on the defence team for Heng Chheang and his wife Tep Kolap was almost optimistic. They, along with relatives of the couple and academics from Phnom ...

http://www.phnompenhpost.com/index.php/2012032355213/National-news/the-rector-versus-the-tycoon.html

Trafficking, migrant issues in spotlight

The Cambodian government was strengthening its capacity to combat human trafficking by focusing on poverty reduction and was eager to work with other groups tackling the crime, Interior Ministry Secretary of State Chou Bun Eng said yesterday. “The issues of human trafficking and migrating workers are ...

http://www.phnompenhpost.com/index.php/2012032355208/National-news/trafficking-migrant-issues-in-spotlight.html

Strikers fed up with delays

Striking workers planned to set tyres aflame today outside a garment factory that supplies JC Penney in the capital’s Por Sen Chey district, union officials said yesterday on the sixth day of the strike at Hong Kong-owned Win Shing-tex Cambodia Co Ltd. Ath Thorn, head of ...

http://www.phnompenhpost.com/index.php/2012032355209/National-news/strikers-fed-up-with-delays.html

Capacity building: New schools pop up in rural areas

Children in rural areas are reaping the benefits of the government having completed 306 of the 580 schools it began constructing last year, senior ministers said yesterday. ...

http://www.phnompenhpost.com/index.php/2012032355205/National-news/capacity-building-new-schools-pop-up-in-rural-areas.html

Mining revenues questioned

The Ministry of Industry, Mines and Energy earned US$1.52 million in non-tax revenues in 2011, a figure that an opposition lawmaker said was far lower than the actual revenues brought in on mining licences. The intake was more than 15 per cent higher than in 2010, ...

http://www.phnompenhpost.com/index.php/2012032255187/Business/mining-revenues-questioned.html

Food imports soaring to fill production gap

Cambodia’s food imports shot up 42 per cent year-on-year through February, a sign the Kingdom is still struggling to produce enough food to meet its own demand. ...

http://www.phnompenhpost.com/index.php/2012032255186/Business/food-imports-soaring-to-fill-production-gap.html

Project to curb floods

The Phnom Penh municipality is set to begin contruction on Monday for a project funded by the Japanese government, in order to improve both the infastructure of the city’s drainage system and its capability to handle flood water. ...

http://www.phnompenhpost.com/index.php/2012032255192/National-news/project-to-curb-floods.html

Myanmar’s man on a mission

Cambodia, as ASEAN chair, could play a vital role in strengthening the international community’s perception that Myanmar has reformed and sanctions need to be lifted, independent observers told the Post yesterday. As Prime Minister Hun Sen described yesterday’s arrival of Myanmar president Thein Sein in Phnom ...

http://www.phnompenhpost.com/index.php/2012032255199/National-news/myanmars-man-on-a-mission.html

New year ringing in myriad concessions

The government has granted private companies the right to develop about 65,000 hectares of land in wildlife sanctuaries, national parks and on public reserves since January 1, data from a human rights group reveals. Ouch Leng, land reform project coordinator for the Cambodian Center for Human ...

http://www.phnompenhpost.com/index.php/2012032255193/National-news/new-year-ringing-in-myriad-concessions.html

Blows at capital protest

A union representative is accused of beating a rival over the head with a walkie-talkie during a factory protest yesterday in the latest burst of violence in one of Cambodia’s special economic zones. Bou Sokray, 25, a representative for the Coalition of Apparel Workers’ Democratic Union ...

http://www.phnompenhpost.com/index.php/2012032255198/National-news/blows-at-capital-protest.html

Naga offers mobile massage to gamblers

NagaWorld Company, which is the sole licensed casino operator in Phnom Penh, has reportedly purchased 30 buses ...

http://www.phnompenhpost.com/index.php/2012032255185/Business/naga-offers-mobile-massage-to-gamblers.html

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