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/
UN says Australia refugee pact with Cambodia worrying precedent
Australia’s pact to allow some refugees to be transferred to Cambodia sets a troubling precedent for international practices on handling asylum seekers, according to the UN High Commissioner for Refugees. The deal, signed yesterday in Phnom Penh, applies to an initial 200 refugees detained by Australia ...
David Stringer
http://www.bloomberg.com/news/2014-09-27/un-says-australia-refugee-pact-with-cambodia-worrying-precedent.html
Cambodia's elderly receive inadequate support
For 70-year-old Chan Shay, the choice between working through old age and a retirement in poverty is an obvious one. Shay, a cyclo taxi driver in Phnom Penh, said that while he dreams of retiring to his home in Takeo province, in reality he can see ...
Alice Cuddy and Khouth Sophak Chakrya
http://www.ucanews.com/news/cambodias-elderly-receive-inadequate-support/72092
Private sector leaders to meet with Hun Sen
The private sector will meet with Prime Minister Hun Sen in April for the 19th Government-Private Sector Forum, which aims to address issues being faced by the business community. Lim Heng, vice-president of the Cambodia Chamber of Commerce (CCC) and director of coordination for the ...
Hin Pisei
https://www.phnompenhpost.com/business/private-sector-leaders-meet-hun-sen-0
Telecoms operator educates the masses
Telecoms operator Metfone, a subsidiary of Vietnam’s Viettel Group, has deployed a digital education system in Siem Reap, approaching a total of 3,000 schools nationwide. In a memorandum of understanding (MoU) signing ceremony yesterday, Siem Reap’s 10 Makara 1979 High School became the latest education ...
Sok Chan
https://www.khmertimeskh.com/50757705/telecoms-operator-educates-the-masses/
New tourism-recovery loans slowing: SME Bank
A total of $53.46 million in loans have been disbursed to 346 tourism-linked businesses through state-owned Small and Medium Enterprise Bank of Cambodia Plc’s (SME Bank) $150 million Tourism Recovery Co-Financing Scheme (TRCS) as of April 30, since the loans began to be offered in ...
May Kunmakara
https://www.phnompenhpost.com/business/new-tourism-recovery-loans-slowing-sme-bank
Looming oil funds put Cambodia at crossroads
On Sunday, CPP lawmaker Cheam Yeap will attend a forum on the evolving oil and gas sector with about 400 university students. If all goes according to plan, Chevron Corporation will begin to extract oil from Cambodian waters in little over a year. Though the amount ...
Funcinpec joins call for probe
Royalist party Funcinpec has joined the opposition in calling for international involvement in an investigation into election irregularities. “I have issued a request to ask for the creation of an independent committee to investigate the irregularities,” Funcinpec secretary-general Nhek Bun Chhay said. While the party failed to ...
http://www.phnompenhpost.com/national/funcinpec-joins-call-probe
Cambodia’s workers falling behind in skills, jobs
With regional and international competition increasing, Cambodia’s workers could be falling behind. A new World Bank report says Cambodia’s labor force lacks the skills to advance the country’s economy, even as an increasing number of young people enter the labor market. Kem Lay, a sociology researcher, ...
Heng Reaksmey
http://www.voacambodia.com/content/cambodias-workers-falling-behind-in-skills-jobs/1940536.html
Cambodia Should Produce More Quality Human Resources, Rather Than Quantity
Cambodia has more labour forces than the jobs created every year. Hence, some students who have just graduated from the university can’t find jobs; they need some time to get jobs. Some young people have to sell their labour abroad. Despite the surplus of labour ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ZDRmY2U4YzZmMWQ
Clean water access ‘improves’
Cambodia is making steady headway towards its goal of providing universal clean-water access. “The 2013 population census shows that the percentage of people who now have clean water sources has climbed to 49 per cent. We will be able to achieve the 2015 Millennium Development Goal ...
Phak Seangly
http://www.phnompenhpost.com/national/clean-water-access-%E2%80%98improves%E2%80%99
UNESCO says quality of education remains major concern for Cambodia
The quality of education is still a big concern for Cambodia and the country needs to set a more effective strategy to enhance teaching conditions and quality of education for all learners, Anne Lemaistre, UNESCO representative in Cambodia, said Thursday. “I would like to commend ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/culture/2014-03/06/c_133165742.htm
Barricades to stay in place for days: gov’t
Manned barricades that dotted the city yesterday, strangling traffic along Norodom, Sothearos and other key thoroughfares, will remain in place through tomorrow, the government announced. The unsigned directive issued yesterday, which emanated from the election security council chaired by Interior Minister Sar Kheng, thanked citizens and ...
Chhay Channyda
http://www.phnompenhpost.com/national/barricades-stay-place-days-gov%E2%80%99t
Seventy-eight judges and court officials reshuffled
With new laws in the pipeline to reform the judiciary, the Supreme Council of Magistracy has announced a reshuffling of judges and court staff, with 78 officials promoted or transferred, according to a royal decree signed April 6. The job changes, which include senior judges and ...
Mech Dara
http://www.cambodiadaily.com/news/seventy-eight-judges-and-court-officials-reshuffled-56529/
Heads of new departments of immigration, identification sworn in
Interior Minister Sar Kheng presided over a ceremony in Phnom Penh on Thursday to appoint the directors of his ministry’s new general departments of immigration and identification, who have both stood down as National Police deputy commissioners to take up the positions. At the ceremony, General ...
Khy Sovuthy
http://www.cambodiadaily.com/news/heads-of-new-departments-of-immigration-identification-sworn-in-57344/
Tycoon’s company receives 1,247 Hectares along Kep coastal waters for satellite city development
A company linked to tycoon Khun Sear, TP Moral Group, received 1,247 hectares of coastal waters in Kep province to develop a new satellite city and “special tourism zone” according to a March 6 sub-decree signed by former Prime Minister Hun Sen and publicized in ...
Phon Sothyroth
https://cambojanews.com/tycoons-company-receives-1267-hectares-along-kep-coastal-waters-for-satellite-city-development/
CSX Slated to Start Trading by the End of 2011
While the Cambodia Securities Exchange (CSX) recently opened its doors for business, it’s not quite ready to actually do business. As it currently stands, there is no actual trade taking place, making it the smallest bourse in the world in terms of market capitalization. However, ...
PPWSA makes pitch to investors before IPO
Trading on the Cambodian Securities Exchange should begin at the end of March as the Kingdom’s first stock, Phnom Penh Water Supply Authority, prepares to consult and share information with potential investors this week. The company would host a “roadshow” for investors in anticipation of its ...
Wealthy Splurge on 'Lucky' License Plates, Phone Numbers
Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...
Shift in CNRP's political strategy to win elections
The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...