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Evictees reject latest offer from UK sugar firm

Representatives for the 200 Cambodian families suing U.K. sugar firm Tate & Lyle for allegedly profiting off of their stolen land say they have rejected the firm’s latest offer to settle the dispute and are looking forward to their first court date, set for October. The ...

Kuch Naren and Zsombor Peter
http://www.cambodiadaily.com/news/evictees-reject-latest-settlement-offer-from-uk-sugar-firm-60869/

Latest property reports offer evidence of strong growth

In its latest Market View report, CBRE Cambodia Research concludes that Phnom Penh has well and truly put the fallout from the Global Financial Crisis – which saw many condominium developments in the city put on hold or even fail – behind it, and the ...

Post Staff
http://www.phnompenhpost.com/real-estate/latest-property-reports-offer-evidence-strong-growth

Phnom Penh pagoda offers haven for the marginalized

When 200 villagers from Kratie province walked into Samakki Raingsey pagoda seeking safety and shelter early this month, they weren’t the first to do so. The villagers, whose homes in Snuol district had been torched by authorities just days earlier, were walking a well-trodden path—a path ...

Mech Dara and Matt Blomberg
http://www.cambodiadaily.com/author/matt-blomberg/

French agency to offer loans for solar panels

The French Development Agency (AFD) confirmed Wednesday that it will sign $6 million worth of loan agreements with three microfinance institutions (MFIs) to help rural households purchase solar panels and electricity. ...

Kang Sothear
http://www.cambodiadaily.com/business/french-agency-to-offer-loans-for-solar-panels-71345/

CLMV markets offer huge opportunities for Thai brands

Riverorchid Group, a Thai marketing and communication agency specialising in Cambodia, Laos, Myanmar and Vietnam (CLMV), has said advertising spending in the region will continue to grow and play an increasingly important role in brand communication, particularly for Thai companies. ...

Watchiranont Thongtep
http://www.nationmultimedia.com/business/CLMV-markets-offer-huge-opportunities-for-Thai-bra-30264442.html

NGOs firm against draft law before meeting with lawmakers

NGOs remained united Tuesday in their staunch opposition to a draft law that would force all non-government groups in the country to register with the state, but were split on whether to take up the ruling CPP on its offer for an 11th-hour consultation ahead ...

Kuch Naren and Zsombor Peter
https://www.cambodiadaily.com/news/ngos-firm-against-draft-law-before-meeting-with-lawmakers-87533/

Firm begins process to determine IPO share price

Grand Twins International (Cambodia) Plc., a manufacturer of clothes for U.S. athletic brands, on Monday will begin recording investor demands to determine the price for an initial public offering (IPO) as part of the last steps to list on the Cambodian Stock Exchange (CSX), though ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/firm-begins-process-to-determine-ipo-share-price-53869/

Prek Toal was recognized as a new Ramsar Site

South-East Asia’s largest waterbird colony, the 21,342 hectares Prek Toal (Ramsar Site no. 2245 http://rsis.ramsar.org/ris/2245) has been designated as a Wetland of International Importance (also known as a ‘Ramsar Site’), by the Royal Government of Cambodia and recognized by the Secretariat of the Ramsar Convention ...

Ministry of Environment

Download: pdf

Banking summit set to offer students thousands of jobs

The Banking Jobs and Skills Summit 2023 is set to take place from September 29-30 at the National University of Management (NUM), featuring around 20 financial institutions and offering thousands of job opportunities to students. ...

Van Socheata
https://www.phnompenhpost.com/national/banking-summit-set-offer-students-thousands-jobs

Sihanoukville port announces bookbuild and IPO date

The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31, the company’s sole underwriter said ...

Hor Kimsay
http://www.phnompenhpost.com/business/sihanoukville-port-announces-bookbuild-and-ipo-date

CAMBODIA-NORTH KOREA UPDATE BILATERAL AGREEMENTS

Cambodia and Democratic People’s Republic of Korea (DPRK) have inked the agreements to expand bilateral trade, technologies, agriculture, industry, investment and the health sector, and both sides also are trying to boost close ties for mutual benefits while both nations’ trading has been reported to be ...

http://thesoutheastasiaweekly.com/?p=1301

Economic Plan for Mekong Region Gets Finalized

Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...

Oil dispute optimism

A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...

http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html

ILO Respond to Scathing Stanford Report on Factory Monitoring

The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...

http://www.cambodiadaily.com

SCB focus on Myanmar, Laos, Cambodia

Siam Commercial Bank will begin expanding its footprint across the region in anticipation of greater business opportunities and competitive pressures with the launch of the Asean Economic Community in 2016. SCB, Thailand’s third-largest bank in terms of assets, operates branches in Laos, Singapore and Hong ...

http://www.bangkokpost.com/business/economics/322667/scb-focus-on-myanmar-laos-cambodia

Kingdom-United States trade tops $9.1 billion last year

The bilateral trade between Cambodia and the US amounted to $9,159 million in value in 2021, a 15.8 percent increase compared to the same period last year, according to a report the US Census Bureau issued on Wednesday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501022173/kingdom-united-states-trade-tops-9-1-billion-last-year/

Cambodian PM discloses his trip to the United States in September

Cambodian Prime Minister Dr Hun Manet disclosed his trip to the US later this month in his public speech Friday. At a get-together with factory workers and employees in Takhmao town, Kandal province, Dr Manet did not give details of his forthcoming trip, he just ...

Khmer Times Staff
https://www.khmertimeskh.com/501353254/cambodian-pm-discloses-his-trip-to-the-united-states-in-september/

State institutions ensure seated flatbed trucks for garment workers by 2024, buses by 2027

After several rounds of discussion since 2018, state institutions on Wednesday vowed to make it safer for workers across the country to have chairs to sit on while traveling to and from work, which has typically been flatbed trucks. ...

Phon Sothyroth
https://cambojanews.com/state-institution-ensure-seated-flatbed-trucks-for-garment-workers-by-2024-buses-by-2027/

Templeton Cautions Investors Riding Myanmar, Cambodia Growth

Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, Southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water Supply Authority will have its initial public offering this month, making it the first to ...

http://www.businessweek.com/news/2012-03-31/templeton-cautions-investors-riding-myanmar-cambodia-growth

Firms that list to see tax cut

New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. The sub-decree, which was signed off by Prime Minister Hun ...

Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/firms-list-see-tax-cut

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