After clashes, tentative agreement for Borei Keila
Following their fourth protest in as many weeks, residents of Phnom Penh’s displaced Borei Keila community yesterday reached a tentative housing agreement with development firm Phanimex, company and village representatives said yesterday. The meeting came after a protest yesterday morning in which more than 100 residents ...
Customers call Metfone on promise
Winning text messages in hand, about 25 angry Metfone customers yesterday gathered at the telecom’s head office on Mao Tse Tung Boulevard to demand the new iPhones they were promised. Each of the customers had paid US$0.30 to enter a Metfone-sponsored contest and received a text ...
http://www.phnompenhpost.com/index.php/2011120753193/Business/customers-call-metfone-on-promise.html
PPSEZ sweetens its IPO plan
The book-build and upcoming listing of the capital’s port operator has taken some of the wind out of the sails of the IPO plans Phnom Penh Special Economic Zone (PPSEZ), but the industrial park operator has charted a new course and sweetened its dividend policy ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-sweetens-its-ipo-plan
Heineken nears Tiger beer deal after truce with rival
Dutch brewer Heineken NV took a major step towards winning control of the Tiger beer brand and an Asian brewing network on Wednesday after a Thai rival accepted the deal When F&N’s board accepted Heineken’s improved offer of S$53 per APB share, the deal included a ...
http://www.reuters.com/article/2012/09/19/asiapacificbreweries-offer-heineken-idUSL4E8KI5D320120919
Vietnamese Goods Fair Opens In Phnom Penh
The 10th High Quality Vietnamese Products and Exports trade fair opened yesterday in the Cambodian capital city of Phnom Penh. It has attracted around 150 firms who have set up 250 booths to display more than 2,000 products, including electronics, consumer goods, stationary, books, construction materials, ...
Gov't and Donors Set New Reform Targets
The new list of reforms approved by the government at a high-level meeting with its foreign donors on Wednesday offer a mixed bag of targets, with some sectors, such as education, given more ambitious goals than before, while others had their ambitions scaled back and old goals ...
New life insurance product launched
Cambodia’s nascent life insurance market grew slightly after Manulife Cambodia launched the Manulife Savings Protector yesterday. Combining savings and protection, it will provide life protection for 10 or 15 years to create an estate for relatives in case of untimely death and offer benefits from ...
Regus Opens in Cambodia, Expands Footprint to 99 Countries
Regus, the world’s largest provider of flexible workplaces is offering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there. The flexible workspace at the center enables companies of all sizes to expand their presence in ...
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 ...
Slums in capital decried
Unicef during a discussion yesterday pressured the Phnom Penh Municipality to develop a plan to eradicate slums in the capital, but government officials offered no quick fixes. According to the municipality, there are 281 slum communities in the capital, which 2,033 families call home. Earlier this month, ...
Sen David
http://www.phnompenhpost.com/national/slums-capital-decried
FTU trio held at factory by rivals in union clash
Workers aligned with the Collective Union of Movement of Workers locked three officials from the Free Trade Union inside the Ocean Garment factory in Phnom Penh for eight hours Tuesday after the two unions argued over who would represent workers in a wage dispute. Ocean’s approximately ...
Sek Odom
http://www.cambodiadaily.com/news/ftu-trio-held-at-factory-by-rivals-in-union-clash-63579/
Work continues at contested KDC site
A company owned by the wife of Mines and Energy Minister Suy Sem forged ahead with its construction of a concrete wall around a swath of disputed land in Kompong Chhnang province Friday, despite a call from the U.N.’s human rights envoy on Thursday that ...
Kuch Naren
http://www.cambodiadaily.com/news/work-continues-at-contested-kdc-site-63906/
Tougher ELC oversight pledged
In what is the government’s latest pledge to hold tycoons and foreign investors to account for their business practices, the Ministry of Environment will begin assessing existing and proposed economic land concessions (ELCs), cancelling or rejecting those that have negative social or environment impacts, a ...
May Titthara
http://www.phnompenhpost.com/national/tougher-elc-oversight-pledged
Cambodia wants to inspect 50 seized artefacts
Cambodia is seeking access to the scores of artefacts seized from disgraced former crime-buster Lt-General Pongpat Chayaphan to determine if any of them belong to it, diplomatic sources said yesterday. Bowornwej Rungrujee, director-general of the Fine Arts Department, early this month offered to send back some ...
Supalak Ganjanakhundee
http://www.nationmultimedia.com/national/Cambodia-wants-to-inspect-50-seized-artefacts-30249839.html
PPWSA shuffle no surprise
Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy ...
http://Phnom Penh Water Supply Authority shuffle no surprise
CSX reviews first application for Growth Board IPO
The Cambodia Securities Exchange (CSX) is currently going over its first-ever initial public offering (IPO) eligibility review application for a company to list on its Growth Board since the secondary board was launched in 2015, its vice-chairman Ha Jong-weon told The Post on December 14. ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-reviews-first-application-growth-board-ipo
Industry prepares the ground for longan
Cambodian Xing Can Shi Pin Co Ltd has reportedly earmarked $11.2 million to set up a factory to process cashew nuts and produce dried mangoes, pineapples, jackfruits and longan, in Kampong Speu province’s northwesternmost Oral district, offering a ray of solace to the Kingdom’s beleaguered ...
Thou Vireak
https://www.phnompenhpost.com/business/industry-prepares-ground-longan
MoE plans Bokor eco-tourism
The Ministry of Environment on Monday has approved five small-scale eco-tourism development plans in Preah Monivong Bokor National Park. These new eco-tourism projects in Kampot province’s Prek Tnort commune will create more employment opportunities for the local population, offering sustainable livelihoods and improving the local ...
Son Minea
https://www.khmertimeskh.com/50959591/moe-plans-bokor-eco-tourism/
UNICEF, government hold forum on child rights
UNICEF and the NGO Save the Children jointly hosted a forum in Phnom Penh marking the 10th anniversary of the global launch of the “Children’s Rights and Business Principles”. These principles offer guidelines for businesses as they embed children’s rights into their business strategies and ...
Sok Raksa
https://www.phnompenhpost.com/national/unicef-government-hold-forum-child-rights
‘How can we help grow your economy?’ Australia asks Cambodia
Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/how-can-we-help-grow-your-economy-australia-asks-cambodia