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Cambodia's first IPO nears

Cambodia’s first initial public offering is fast approaching, and demand is expected to be robust. Bookbuilding, the process during which bids are taken and a price set for shares, ended last Wednesday for Phnom Penh Water Supply Authority (PPWSA). The final offering price will be announced ...

http://www.bangkokpost.com/business/economics/284959/cambodia-first-ipo-nears

Labor minister defends loophole in maids ban

The Minister of Labor yesterday defended his ministry’s much-criticized interpretation of Prime Minister Hun Sen’s ban on sending maids to Malaysia, after it allowed about 3,000 young women to still be sent abroad despite the serious risk of abuse and exploitation. Minister of Labor Vong Sauth ...

Asean membership has helped reduce development gaps

Cambodia has significantly benefited from its Association of Southeast Asian Nations (Asean) membership, Royal Academy of Cambodia (RAC) secretary-general Yang Peou said on Thursday during a conference to mark the 52nd anniversary of Asean’s establishment and the 20th anniversary of the Kingdom’s membership in the ...

Voun Dara
https://www.phnompenhpost.com/national/asean-membership-has-helped-reduce-development-gaps

Kingdom eyes improved food safety standard

While food safety control services and inspection systems for food products at the Industrial Laboratory Center of Cambodia (ILCC) have showed some improvements, the ILCC still lags behind Asean standards, according to Ministry of Industry and Handicraft secretary of state Sat Samy.   ...

Sok Chan
http://www.khmertimeskh.com/news/25063/kingdom-eyes-improved-food-safety-standard/

Farmers of cassava afraid of losing out to a lack of rainfall

The price for cassava plants is increasing in the Kingdom’s north-western provinces, where the new season started. Due to the lack of rain many were damaged, according to farmers and officials. Sreng Sreang, deputy director of the Pailin longan collective, which planted about five hectares of ...

http://www.phnompenhpost.com/2013031261875/Business/farmers-of-cassava-afraid-of-losing-out-to-a-lack-of-rainfall.html

Cambodia sees steady growth in tourist arrivals despite disputed election result

Cambodia registered steady growth in international tourist arrivals in the first nine months of the year although the political dispute between the ruling and opposition parties over contested elections in July remains unsolved, officials said Thursday. Tith Chantha, secretary of state at the Ministry of Tourism, ...

Nguon Sovan
http://news.xinhuanet.com/english/world/2013-10/04/c_132772459.htm

Cambodia unveils 2 suspects for hacking into gov't websites

Cambodia on Tuesday revealed two suspected hackers, who have attacked in large scales on the information technology networks of the national institutions, the National Police announced in its website. Bun Kingmongkol Panha, 21, and Chou Songheng, 21, both are the third year information technology students at ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/22/c_133281810.htm

Talks with Cambodia renew hope for deal on overlapping claims area in gulf, electricity cooperation on the cards

The Energy Ministry will hold discussions with Cambodia about cooperation in electricity and the overlapping petroleum-claims area in the Gulf of Thailand during the current official visit to Phnom Penh by Deputy Prime Minister and Foreign Minister Tanasak Patimapragorn. ...

Wartcharapong Thongrung
http://www.nationmultimedia.com/business/Talks-with-Cambodia-renew-hope-for-deal-on-overlap-30242369.html

Budget to share the wealth: official

The amount of money to be allocated to commune-, district- and province-level governments is slated to rise next year in accordance with the government’s long-gestating attempts at decentralising its power. Provincial- and capital-level funding will rise to about 640.8 billion riel, with 237.2 billion riel ...

Chhay Channyda
http://www.phnompenhpost.com/national/budget-share-wealth-official

Cracking down 101

A deal to end the political deadlock may reduce demonstrations in the streets, but the authorities are leaving nothing to chance – Daun Penh’s notorious district security guards are finally receiving proper government training. City Hall spokesman Long Dimanche, who has previously said the baton-wielding district ...

Daniel Pye and Alice Cuddy
http://www.phnompenhpost.com/national/cracking-down-101

Cambodia's unions cry foul on fainting figures

Union reps and government officials are offering significantly different – if both substantial – numbers in their year-end tallies of garment workers who fainted on the job in 2012. The Free Trade Union yesterday announced that the number of workers to faint in factories rose to ...

http://www.phnompenhpost.com/2013010360603/National/cambodia-s-unions-cry-foul-on-fainting-figures.html

Five More Years For Hun Sen; Some Ministers Reshuffled

A day after its opening session and still devoid of the 55 lawmakers-elect of the opposition CNRP, the country’s new, one-party National Assembly voted Prime Minister Hun Sen in for yet another five-year term Tuesday and approved an extensive re­shuffle of his Cabinet. In a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/elections/five-more-years-for-hun-sen-some-ministers-reshuffled-43133/

Wage-setting meet up in air

Exactly who will participate in a workshop to set the minimum wage in the garment sector with the Ministry of Labour this week remained unclear yesterday, with some key figures saying they had not yet been invited. During the workshop, to be held on Thursday and ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/wage-setting-meet-air

72.33% of students pass national exams

A total of 72.33 percent of students have passed their high school diploma, with students in Phnom Penh and Kandal receiving their results today while pupils in remaining provinces have to wait until tomorrow. ...

Meas Molika
https://kiripost.com/stories/7233-of-students-pass-national-exams

To stop leaks, exam papers to be given to only one teacher

Copies of grade 12 examination papers will only be provided to a single teacher for each subject this year in order to identify the source of leaks, said Education Minister Hang Chuon Naron during a speech on Saturday. Mr. Naron, speaking at the American University of ...

Ben Sokhean
http://www.cambodiadaily.com/news/to-stop-leaks-exam-papers-to-be-given-to-only-one-teacher-59555/

T-Shop offers first domestic franchise

T-Shop Cambodia, a Phnom-Penh based electronics and gadget shop founded in 2012, has announced that due to nationwide interest it is offering franchise options, with two already sold. This makes it the first Cambodian-owned business to sell franchises, according to CEO Bung Hor. ...

Sok Chan
http://www.khmertimeskh.com/news/31416/t-shop-offers-first-domestic-franchise/

Electricity provider to offer Wing payments

Electricite du Cambodge (EdC) on Monday announced it will offer customers in Sihanoukville, Battambang and Siem Reap the option to pay their bills via mobile payment provider Wing. EdC and Wing officials signed an agreement on July 1 at the Cambodiana Hotel in Phnom Penh authorising ...

Hor Kimsay
http://www.phnompenhpost.com/business/electricity-provider-offer-wing-payments

Police Train at Freedom Park as Protesters Target Hun Sen’s House

As hundreds of riot police conducted protest suppression drills in Phnom Penh’s Freedom Park on Monday morning, Prime Minister Hun Sen’s mansion in the center of the city was the focal point of a demonstration by some 2,000 garment factory workers. Municipal police, along with 16 ...

Aun Pheap and Khy Sovuthy
http://www.cambodiadaily.com/news/police-train-at-freedom-park-as-protesters-target-hun-sens-house-2-45638/

More investment from India

Cambodia expects to attract more investment from India after an agreement on trade and investment was made by all ASEAN leaders last week in New Delhi. Officials said India would become a potential market for Cambodia. The agreement will encourage Indian investors to invest in ASEAN ...

http://www.phnompenhpost.com/2012122460431/Business/more-investment-from-india.html

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