WEDNESDAY, JUNE 23, 2021 Intelligent . In-depth . Independent Issue Number 3691 / 4000 RIEL Growth Board all clear for first listing May Kunmakara Minister of Economy and active involvement, which has capital market,” he said. bility Review Application for Finance and SERC chairman culminated in its listing on the Socheat said the company trading on the Growth Board. THE Securities and Exchange Aun Pornmoniroth headed CSX’s Growth Board, becoming should unveil a schedule for CSX Listing and Disclosure Regulator of Cambodia (SERC) the meeting that made the the first on the board. subscription and other listing Department director Hay on June 22 approved DBD decision. “The go-ahead is meant to processes in the next couple Lideth told The Post on June Engineering Plc for public list- SERC director-general Sou signal to all small and medi- of weeks. “In early July, we 22 that CSX had also given in- SWEDEN VOWS ing on the Cambodia Securi- Socheat, also joining the meet- um-sized enterprises [SME] will see the company principle approval for the ties Exchange’s (CSX) Growth ing, told The Post that the that companies are able to announce the preparations of company’s securities pricing. TO HELP BOOST Board. Expected to list later green light sets the stage for raise more funds from the CSX, subscription and other listing “As the first company to be this year, the company will the company to proceed with through the Growth Board, dates.” listed on the Growth board, LOCAL LABOUR become the first to trade on the subsequent subscription pushing back against the In early April, CSX granted DBD Engineering is one of the the bourse’s secondary board and other listing processes. notion that only big compa- approval in principle for DBD ENVIRONMENT which launched back in 2015. “We welcome the company’s nies can raise funds from the Engineering Plc’s Listing Eligi- CONTINUED – page 7 NATIONAL – page 4 Oz protests downgrade of its Great Barrier Reef AUSTRALIA on June 22 said it CAFE, EATERY will strongly oppose a UNESCO plan to list the Great Barrier Reef EXPO SET FOR as “in danger” over deteriora- tion caused by climate change. NOVEMBER The UN body released a draft report on June 21 recommend- IN SINGAPORE ing the reef’s World Heritage sta- tus be downgraded because of its BUSINESS – page 7 dramatic coral decline, after years of public threats to do so. Environmental campaigners said the decision highlighted Australia’s lack of action to curb the carbon emissions which contribute to global warming. Environment Minister Sussan Ley said Australia would chal- lenge the move, accusing UN officials of backflipping on their assurances ahead of the World Heritage Committee’s 44th ses- PRESIDENT TO Workers queue to get the Sinovac vaccine behind a barricade with a banner that reads ‘red zone’, in southern Phnom Penh’s Meanchey district sion in China next month, on May 17. HONG MENEA where the recommendation will FILIPINOS: GET be formally considered. She told reporters in Can- COVID-19 JABS berra: “Politics have subverted a proper process and for the OR GO TO JAIL Factory workers set to World Heritage Committee to not even foreshadow this list- WORLD – PAGE 10 ing is, I think, appalling.” The UN body did not consider the billions of dollars spent attempting to protect the world’s receive cash assistance largest coral reef, she added. The committee’s draft report Mon Kunthear gramme is specifically for phone numbers to the factory Collective Union of Move- said “the long-term outlook for workers in the garment, foot- administrations,” he said. ment of Workers president the ecosystem of the property HE Ministry of Labour wear and travel goods sec- He added that the $40 will Pav Sina told The Post on June has further deteriorated from and Vocational Train- tors badly hit by the large- be paid only one time under 22 that the assistance could poor to very poor”, referring to ing announced the scale lockdowns. the government’s social cash ease workers’ hardships if Australia’s move to downgrade launch of an $11 mil- Labour minister Ith Sam assistance programme. Wing their factories had been sus- the reef’s health status after lionT post-lockdown cash hand- Heng said the programme will transfer the money back pended for some time. back-to-back mass bleaching TEN CELLCARD out programme for more than would provide aid to 275,787 to the government if workers “The government’s assist- events in 2016 and 2017. 275,000 workers from 513 fac- workers employed at 513 fac- fail to pick it up within 10 days ance is to partially ease hard- Placement on the UN body’s SCHOLARSHIPS tories who were affected by the tories. They will receive of receiving the message. ships for brothers and sisters, in-danger list is not consid- recent lockdowns of Phnom 160,000 riel ($40) each. In order to receive payment, but the employers’ side did ered a sanction. According to AVAILABLE FOR Penh, Kandal province’s Tak- “[Electronic payments serv- he said workers have to take not provide assistance to UNESCO, some nations have mao town and Sihanoukville. ice provider] Wing will send their Cambodian ID cards workers. So, we think that this their sites added to gain inter- CODING CAMP In an announcement dated messages regarding this cash and phones with the SIM to is what should be taken national attention and help to June 22, the ministry noted assistance to brothers and which the payment was sent save them but it is seen as a LIFESTYLE – page 13 that the cash handout pro- sisters who have given their to their nearest Wing agent. CONTINUED – page 2 dishonour by others. AFP COVID VACCINATION MINISTRY EXPECTS CAMPAIGN KICKS OFF RCEP TO BE RATIFIED IN FOUR PROVINCES ON JANUARY 1, 2022 NATIONAL – page 2 BUSINESS – page 7 2 THE PHNOM PENH POST JUNE 23, 2021 WWW.phnompenhpost.COM National CSR initiative gives villagers clean water Long Kimmarita utility networks, the Soma ini- tiative also provided clean wa- OVER 300 families in four prov- ter to rural people who did not inces – Siem Reap, Takeo, Kam- have access to it by providing pot and Kep – have received free three pumping wells to nearly access to clean water through 60 families in Nang Khylek the Corporate Social Respon- commune’s Chi Miet village, sibility (CSR) programme of a Koh Nhek district’s Nong Ta local conglomerate. Peam village and Nong Buor With more than 10 subsid- village of Mondulkiri province. iaries operating in Cambodia “After this clean water proj- covering key sectors and pro- ect, we are studying the cre- viding employment to more ation of a community in Siem than 2,500 people, Soma Reap with a small industrial Group has contributed to so- enterprise for the community. cial responsibility by setting We help them establish a tradi- up a committee to carry out tional business making prahok social works called the Soma [fish paste] in their community Initiative, or CSR Programme. and do business in their com- The initiative covers three munity without migration to key areas that contribute to reduce poverty,” he said. the UN Sustainable Develop- Nuon Sareth, 64, resident ment Goals (SDGs) – educa- of Angkorl commune’s Am- tion, environment and health. peng village of Kep province’s Choeng Touch, secretary- Damnak Changaur district, general and chairman of the said the clean water network Secretariat of the Soma Initia- reached her village a long time tive Committee, told The Post ago but due to the lack of abil- on June 22 that in August 2020, ity to pay for water her family it received nearly $30,000 from continued to buy it for more generous people to help pay than 25,000 riel per week, and for water connection services sometimes had to carry water for more than 300 families in from a nearby source. Medical personnel administering Sinovac vaccines in Tonle Bassac commune of Phnom Penh’s Chamkarmon district on June 16. HENG CHIVOAN Cambodia’s provinces. “When the clean water was “The Soma initiative has connected to my house, I was provided clean water to 325 very happy. The organisation families, including 100 in came to give me water because Takeo, 125 in Siem Reap, 50 in our spouses are old and we Vaccination drive kicking Kampot and 50 in Kep prov- are living with grandchildren ince. It was after negotiating and had no money to connect with water treatment enter- clean water to our house. prises in the local areas where “My husband no longer has off across four provinces these people live,” he said. to tire himself out carrying wa- Touch said that in addition ter from far away and we do to connecting families to clean not run out of money to buy Mom Kunthear He said each province had Sen, and the task from the In Kandal province, the pro- water by hooking them up to water,” she said. already received enough national vaccination com- vincial health department said OUR provinces kicked doses of vaccines for the tar- mission. We are ready for it,” first dose vaccinations will off large-scale Covid- get number of people for first he said. be completed in the next few 19 vaccination cam- and second doses. The four provinces are the days as 70 per cent of the tar- paigns on June 22 “Don’t worry about short- second round of locations get population – or the equiv- Ftargeting around 1.2 million ages of vaccines and please named after Phnom Penh alent of nearly 600,000 people people, with the Ministry of don’t come in large numbers and some high-risk areas in – have been vaccinated.