News
PPSEZ sets timeline for delayed IPO launch
After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced on 6 April that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on 18 April and hold a public ...
Mekong dams’ annual impact put at $450M
A 30-month study by Vietnamese researchers on the impact of 11 proposed hydroelectric dams in the Lower Mekong Basin has found that the economic damage to Cambodia alone will be worth some $450 million per year. According to the researchers, the Mekong River at Kratie could, ...
Ministry hits back at rebuke of contentious telecoms law
Cambodia’s Ministry of Post and Telecommunications has defended the controversial new Telecommunications Law following a biting legal analysis by rights group Licadho, which says the legislation is a veiled tool to silence critics and potentially criminalize private expression. Keep reading ...
Trade union law passes
The National Assembly of Cambodia on 4 April passed a contentious trade union law, just hours after a group of pro-union demonstrators and Daun Penh district security guards clashed violently outside.“They did not explain clearly what their intentions [were to retain articles in the law],” ...
Telecommunications law allows gov’t to spy: Licadho
The government has granted itself pervasive snooping powers to effectively monitor all electronic communication and punish anything deemed to have caused “national insecurity”, a legal analysis of the recently passed telecommunications law has warned. In a briefing paper released on 31 March, rights group Licadho ...
Palm sugar finds a sweet market niche
Demand for Kampong Speu palm sugar has surged, with orders already up 70 per cent this year, as appetite for the premium organic sugar product grows, boosting its price. Orders for 260 tonnes of the palm sugar have been placed this year, compared with 150 tonnes ...
Kingdom's economy to remain stable: ADB
Cambodia’s economy is expected to remain stable this year as uncertainty surrounding China’s economic slowdown appears to ease, and backed primarily by strong performance in garment and footwear manufacturing, as well as construction, the Asian Development Bank (ADB) said on 30 March. Keep reading ...
Experts wary as Kingdom mulls private prison plan
As Cambodia moves towards opening its first privately run prison, international experts have warned the government may have misunderstood the concept and cautioned that privatisation likely isn’t the best way to tackle chronic overcrowding in prisons. Keep reading ...
PM asks Korea for $10M more to build road
Prime Minister Hun Sen yesterday made a public appeal to the South Korean government for an extra $10 million – on top of $52 million already provided – to complete the second phase of a road project. Keep reading ...
Rosewood haul found in Tbong Khmum tied to local chief
Provincial authorities in Tboung Khmum province on 26 March said they discovered 17 tonnes of illegal rosewood hidden on a commune chief’s family’s land, only to have a mob of armed local residents break into the property that night and steal potential evidence. Keep reading ...
