Chinese investment in Cambodia to diversify into SME finance
Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...
Sangeetha Amarthalingam
https://www.khmertimeskh.com/50555620/chinese-investment-in-cambodia-to-diversify-into-sme-finance/
Highland project launches land sales
The Highland De’ Canal project on the northern outskirts of the capital has launched its land sales on its 100 hectare side, with the first phase of sales offering 36 hectares at $80 to $90 per square meter, Khing Vannak, a major shareholder in the ...
Sum Manet
http://www.khmertimeskh.com/news/21603/highland-project-launches-land-sales/
Governor promises solution for remaining Borei Keila families
A working group within Phnom Penh City Hall is continuing its effort to help get compensation to Borei Keila families who have yet to accept the government’s offer, according to a Facebook post from Governor Pa Socheatevong, who led a discussion with community members on ...
PPAP seeks to generate $6.4M in IPO
The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/ppap-seeks-generate-64m-ipo
Government undecided on new resettlement sites for evictees
A Finance Ministry official said on Sunday that the government had yet to decide whether it would comply with Asian Development Bank (ADB) rules that families facing eviction from along the country’s old railway tracks be offered resettlement options better than the ones they have ...
Zsombor Peter
https://www.cambodiadaily.com/news/government-undecided-on-new-resettlement-sites-for-evictees-102214/
Third tranche of port shares snapped up swiftly
The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ...
Sum Manet
http://www.khmertimeskh.com/news/18432/third-tranche-of-port-shares-snapped-up-swiftly/
Longer visas for Chinese, Koreans
The government will offer three-year, multiple-entry visas to Chinese and South Korean investors in an effort to make doing business easier and increase investment in the Kingdom, the premier said during the first Cambodia-China Business and Financial Development Forum in Phnom Penh yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/32699/longer-visas-for-chinese--koreans/
Wing, BookMeBus team up
Wing and the online platform company BookMeBus have teamed up to offer bus tickets to the provinces and to Thailand, Laos and Vietnam. The service was officially launched on Friday with the first services available in Wing agencies in Phnom Penh. ...
Chea Vannak
http://www.khmertimeskh.com/news/38596/wing--bookmebus-team-up/
Custodian could spur fund interest
The government is working on legislation that would create a framework for the establishment of a custodian bank in Cambodia, according to securities firms, which claim the absence of this institution could be deterring foreign investors from participating in share offerings on the local stock ...
Brian Ng
http://www.phnompenhpost.com/business/custodian-could-spur-fund-interest
Defense Minister warns against attempts to ‘topple’ government
Cambodian Defense Minister Tea Banh on Tuesday offered grave warnings to anyone who “tries to topple the current government.” The minister appeared to be addressing the opposition, which has said it will call for mass demonstrations if election reform is not enacted by the ruling Cambodian ...
Heng Reaksmey,
http://www.voacambodia.com/content/defense-minister-warns-against-attempts-to-topple-government/1873692.html
Shelter standards launched
Following reports of abuse and poor conditions at the Kingdom’s shelters, the government yesterday launched official recommendations that seek to ensure better care is offered to victims of trafficking and sexual exploitation. ...
Sen David
http://phnompenhpost.com/national/shelter-standards-launched
China signs pacts on aid for transport, mines and education
Cambodia and China yesterday signed three agreements on mine clearing, a transportation master plan and renovation of the Royal Palace building in Siem Reap province. The signings came amid the launch of a big finance project to improve education in Cambodia. ...
Chea Vannak
https://www.khmertimeskh.com/50502740/china-signs-pacts-on-aid-for-transport-mines-and-education/
Villagers denied Kirirom land titles
Kampong Speu provincial governor Vei Samnang rejected villagers’ request on Sunday for 250ha of land within the Kirirom National Park in Phnom Sruoch district on grounds that the park has been designated a protected area by a royal decree. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/villagers-denied-kirirom-land-titles
Cambodian Premier wants to build closer ties with foreign diplomats
Cambodia’s Prime Minister Hun Sen is willing to build closer relations between the Royal Government of Cambodia (RGC)’s senior officials and foreign diplomats accredited to the country, according to the State News Angcy-AKP. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodian-premier-wants-to-build-closer-ties-with-foreign-diplomats-9047
HRH Premier receives Cambodia's Deputy Prime Minister
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa said that Bahrain is looking forward to consolidating ties with Cambodia through bolstering bilateral cooperation at all levels and intensifying exchanged visits between the public and private sectors for their joint interests. ...
Bahrain News Agency Staff
http://www.bna.bh/portal/en/news/622912
Interior Ministry reminds civil servants of ban on two jobs
Department heads within the Interior Ministry must immediately begin enforcing a Royal Decree issued in October that prohibits civil servants from holding two government jobs at the same time, according to a letter issued by ministry Secretary of State Sak Setha last week. ...
Mech Dara
https://www.cambodiadaily.com/news/interior-ministry-reminds-civil-servants-of-ban-on-two-jobs-77588/
Starry-eyed: Promotions handed out to top cops
Nine senior police officers were yesterday officially promoted following the signing of a Royal Decree by acting head of state Chea Sim. The decree, dated April 13, was signed by Sim due to King Norodom Sihamoni being in Beijing for medical treatment. ...
Vong Sokheng
http://www.phnompenhpost.com/national/starry-eyed-promotions-handed-out-top-cops
Seven new ambassadors to leave for overseas posts
Seven newly appointed Cambodian ambassadors met with King Norodom Sihamoni at the Royal Palace on Thursday prior to leaving for their posts in the coming days, said Foreign Affairs Ministry spokesman Koy Kuong, who has been appointed ambassador to Australia and New Zealand. ...
Khuon Narim
https://www.cambodiadaily.com/news/seven-new-ambassadors-to-leave-for-overseas-posts-85434/
Advisers to Say Chhum include disgraced malaria center chief
Thirty-eight people, including a former Health Ministry official under investigation by the Anti-Corruption Unit for accepting more than $350,000 in bribes, were this week appointed as advisers to new Senate President Say Chhum, according to a royal decree obtained Wednesday. ...
Saing Soenthrith
https://www.cambodiadaily.com/news/advisers-to-say-chhum-include-disgraced-malaria-center-chief-86478/
Government to increase cash for Labour to $160 million
The Royal Government has decided to increase the budget for Cash for Labour from $100 million to $160 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/50776562/government-to-increase-cash-for-labour-to-160-million/