Smooth sailing for port’s IPO
Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. the Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter ...
Brian Ng
http://www.phnompenhpost.com/business/smooth-sailing-ports-ipo
New Siem Reap health centre to be a boon for mothers, babies
With the promise of better care for both mother and baby during labour, the Maternal Child Medical Centre was inaugurated yesterday at the Siem Reap Provincial Hospital. the inauguration was presided over by Deputy Prime Minister Tea Banh, who said the centre was the first of ...
Port eyes public listing amid profits recovery
Sihanoukville Autonomous Port (SAP) could be ready to list on the Cambodian Stock Exchange (CSX) by mid 2015, the head of the state-owned enterprise says. Lou Kimchhunn, director-general at the port said he is awaiting evaluations of the business’s 2014 performance from an independent accounting firm ...
May Kunmakara
http://www.phnompenhpost.com/business/port-eyes-public-listing-amid-profits-recovery
NHSO more than doubles dialysis allowance for HIV patients
The National Health Security Office (NHSO) has agreed to increase The dialysis allowance for HIV patients who are under The national health security scheme, also known as The gold card scheme, from Bt1,500 to Bt4,000 per time.NHSO secretary-general Dr Sakchai Kanjanawatana said on Monday: “The ...
The Nation Reporter
Free private high school for under-privileged
A free private high school will be opened in Taunggok township, Rakhine State during this academic year to cater to students who are poor and cannot afford the fees. Sayadaw Eindapala, who heads the school establishment, said, “We cannot pay much to the teachers as ...
Bank Says No Railway Evictee to Be Left Behind
The Asian Development Bank (ADB) has said that The rehabilitation of Cambodia’s railways will not be at The expense of those who live along The lines and has pledged to address The issue. Resettlement has been a problem for The rehabilitation but a new plan ...
Singapore International Water Week 2018
The Singapore international Water Week (SIWW) is The global platform to share and co-create innovative water solutions. The biennial event gaThers stakeholders from The global water industry to share best practices, showcase The latest technologies and tap business opportunities. SIWW is part of The strategic ...
Thai princess helicopters to Ratanakkiri, inspects bathroom
Thai Princess Maha Chakri Sirindhorn flew from Phnom Penh to Ratanakkiri province and back again on Monday, alighting for a lakeside lunch and the opening of a health center on the first day of her three-day visit to the country. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/thai-princess-helicopters-to-ratanakkiri-inspects-bathroom-108843/
EU, SIDA offer €33.1M grant for budget reform
The European Union and The Swedish International Development Cooperation Agency (SIDA) have agreed to provide a grant of €33.1 million to support The third phase of Cambodia’s Public FInancial Management Reform Program, state news agency AKP announced Friday. ...
Post Staff
http://www.phnompenhpost.com/business/eu-sida-offer-eu331m-grant-budget-reform
Graft Unit grills rights workers; UN stays away
The Anti-Corruption Unit (ACU) questioned officers of local human rights group Adhoc late into The evening for a second straight day on Thursday over claims that They had instructed The alleged mistress of deputy opposition leader Kem Sokha to deny Their affair. ...
Ben Sokhean and Zsombor Peter
https://www.cambodiadaily.com/news/graft-unit-grills-rights-workers-un-stays-away-111887/
US Senators call on UN to pass resolution on Cambodia’s political crackdown
A group of US Senators has sent a letter to Nikki Haley, the country’s ambassador to the United Nations, urging her to work with other members of the UN Human Rights Council to pass a resolution on Cambodia’s political situation. ...
Andrew Nachemson
http://www.phnompenhpost.com/national/us-senators-call-un-pass-resolution-cambodias-political-crackdown
Tycoon’s parents seek bail again
After breaking the conditions of their bail last month, causing public outrage from Prime Minster Hun Sen, the parents of fugitive businessman Thong Sarath are attempting to use their son’s lucrative development company to secure bail for the second time, their lawyer said yesterday. . ...
Taing Vida
http://www.phnompenhpost.com/tycoons-parents-seek-bail-again
Opposition, civil society groups rebuke gov’t over stipends
Government officials remained mum Thursday over a new sub-decree purporting to formalize monthly expenditures of senior government officials while the opposition and civil society groups said the regulation was a facade meant to conceal the real amount of money being made by CPP officials. ...
Hul Reaksmey
http://www.cambodiadaily.com/news/opposition-civil-society-groups-rebuke-govt-over-stipends-70149/
ACU probes high-ranking corruption case, warn official
The director of The Anti-Terrorism Police Department has been warned by The Anti-Corruption Unit following The lodging of a corruption complaint against him, according to officials at The ACU. Y Sok Khy has allegedly been illegally collecting so-called ‘voluntary funds’ from his subordinates on a ...
Taing Vida
http://www.khmertimeskh.com/news/20654/acu-probes-high-ranking-corruption-case--warn-official/
Casino tax revenue rises
The government collected $48 million from The casino industry last year, a rise of about 40 per cent compared with 2015. Ros Phearun, a deputy director-general of The Finance Ministry’s financial industry department, said that along with an effort by The government to improve tax revenue, ...
May Kunmakara
http://www.khmertimeskh.com/news/36411/casino-tax-revenue-rises/
Kingdom reaffirms neutrality
Minister of Foreign Affairs and international Cooperation Prak Sokhonn made statements regarding responses to global challenges and Cambodia’s stance on multilateralism at the mid-term Ministerial Conference of the Non-Aligned Movement (NAM) held virtually on July 13-14 under the sponsorship of the Republic of Azerbaijan’s Baku ...
Voun Dara
https://phnompenhpost.com/national/kingdom-reaffirms-neutrality
Does US really care about Thai workers … or is it America First?
US commerce secretary Wilbur Ross on Monday wrapped up his two-day visit to Bangkok by assuring his hosts that Washington was open to negotiations over its decision to suspend the duty-free status of Thai imports.After a meeting with Prime Minister Prayuth Chan-ocha, Ross told a ...
Jitsiree Thongnoi
Angkor Air, Air France MoU
Cambodia Angkor Air and Air France Industries KLM EngIneerIng & MaIntenance on March 7 signed a memorandum of understandIng to cover component support and maIntenance services for the national flag carrier’s fleet of Airbus A320. the 12-year agreement Includes full component support services, repairs and maIntenance, pool ...
Companies pledge to put worker rights before profits
Representatives of the private sector and rights groups met yesterday at a forum on business and human rights to discuss how Cambodia’s growing industry can protect the rights of its workers. ...
Chea Takihiro
http://www.khmertimeskh.com/news/17249/companies-pledge-to-put-worker-rights-before-profits/