The Phnom Penh Post

The value of medicine and medical equipment imports increased about five per cent year-on-year in 2011, according to the Ministry of Commerce. ...

Cambodian NGOs were drawing battle lines and choosing sides in the run-up to the ASEAN summit, activists said yesterday. Two separate “ASEAN People’s Forums” are being organised by local NGOs. The first, from March 28 to 30, is expected to draw more than 2,000 groups.   ...

Svay Rieng provincial prosecutor Hing Bunchea has refused to clarify what triple shooting suspect and deposed Bavet town governor Chhouk Bandith said to him after contradictory statements from him were printed in different news publications last week. On Thursday, Hing Bunchea told the Post that Chhouk ...

A rift is widening between two groups at Boeung Kak lake despite the Phnom Penh municipal authority approving a sewage system both parties had requested. About 60 Boeung Kak residents used a press conference about land titles yesterday to criticise city hall’s decision to approve a ...

More than 600 villagers from four provinces and civil society organisation officials would em­bark on the largest community crackdown yet on the “anarchic logging” of Prey Lang forest in Kampong Thom, representatives said yesterday. ...

One woman was killed, several villagers injured and more than 80 houses destroyed or badly damaged by storms that swept through the provinces of Siem Reap, Banteay Meanchey and Mondulkiri over the weekend, provincial officials said yesterday. “I have never seen this kind of storm ...

It was the grimmest of homecomings yesterday for the family of Ouk Sakan as the body of the 40-year-old domestic worker was repatriated from Malaysia, ending a bleak vigil that began with her death more than four months ago. Na Rith said his cousin had worked ...

CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...

On the post office square, a beautiful Art Deco building now houses the restaurant Van, an insurance company and the offices of the AFD (French Development Agency). An inquiring mind will not fail to notice on the gates the presence of little medallions with the ...

Internet service protocol company Mega will join the Cambodia’s gaggle of active providers today after launching an unconventional marketing campaign that sought to stir curiosity. Four billboards without a clear company name appeared around Phnom Penh in early January. “Something Mega is coming soon” the ad, ...

A casino complex on top of Kampot province’s Bokor Mountain will open in less than two weeks – but environmental groups are strangely quiet about the effects the development, the size of a small city, could have on Cambodia’s natural heritage. The complex, in the Preah ...

The laws and regulations that govern Cambodia’s securities market were derived from the Objectives and Principles of the International Organization for Securities Commissions (IOSCO) and the best practices in the region, according to Dr. Ming Bankosal, Director General of the SECC. the SECC which ...

The Cambodia Securities Exchange (CSX) is an important component of a larger ecosystem of capital markets, according to Eugene Lam, CEO of OSK Indochina Securities Ltd, one of Cambodia’s securities underwriters approved by the Securities and Exchange Commission of Cambodia (SECC). Lam says one of ...

It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...

The head of the underwriting team that will launch Cambodia’s first IPO April 18 is Han Kyung Tae, Managing Director of Tongyang Securities (Cambodia) PLC and a South Korean stock market specialist. Tongyang Securities (Cambodia) Ltd. is the Cambodian subsidiary of Tongyang Group, a South ...

Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ...

Low international rice prices have further stymied Cambodia’s milled-rice exports, millers reported yesterday, but large orders – reportedly the first ever – from the Philippines have encouraged at least one of the Kingdom’s biggest rice exporters. Mega Green Imex Cambodia this year to date has received ...

More than 400 workers at the Hwa Sin Print  factory, in the capital’s Choam Chao commune, had resumed their strike yesterday after management failed to meet their demands, a union official said. Khat Lot, vice-director of the Collective Union of Movement of Workers, said workers had ...

A man fled his home in Kratie province’s Snuol district after three men threatened to kill him for confiscating their chainsaws during a patrol against illegal logging, he told the Post yesterday. Village representative Chea Horn said he was scared to return home after the men ...

More than 30 families living near the Siem Reap River in Siem Reap’s Aranh Sakor village have sent a letter to Prime Minister Hun Sen and member of parliament Seang Nam, asking not to be evicted from their land because of the planned widening of ...

More than one-sixth of Cambodian businesses in 2011 were part of the Kingdom’s information and communications sector, a government census showed. Of the 182,439 new enterprises that sprang up in the country between June 2009 and March 2011, some 95,590 serviced the sector, according to the ...

Two protests by garment factory workers in Phnom Penh yesterday achieved very different outcomes. One strike will continue today, but the other ended when company management agreed to workers’ demands. Din Sam Ath, president of the Cambodian Federation of Labour Unions, said the company would comply ...

A mother from Kampong Chhnang’s Rolea Ba’ier district filed a complaint with the rights group Adhoc yesterday, claiming her daughter, a maid in Malaysia, was being forced to take drugs and work without enough food. Im Meoun, 52, said her daughter Phon Sophea, 20, had been ...

VimpelCom, the Netherlands-based parent company of Cambodian mobile operator Beeline, booked an impairment charge of US$527 million on its operations in Cambodia and Vietnam, according to a 2011 company report. The impairment, or revaluation of VimpelCom’s assets in the two Southeast Asian countries, highlighted the company’s ...