Royal Media Launches Digital ONE TV Service
Royal Media Entertainment Co. Ltd., a joint venture between local conglomerate Royal Group and Russian General Satellite Co., announced yesterday that it has launched the country’s first digital pay-television service, ONE TV. Offering promotional subscription rates between $3 and $12 a month, services will begin in Phnom ...
Insurance, banks join forces
Cambodia Life Insurance Company Plc plans to bundle services with banks to offer guarantees on mortgages, company representatives said. The service is hoped to make mortgages more accessible in a country where housing loans are still considered risky business. Collateral is usually required to take loans ...
http://www.phnompenhpost.com/index.php/2012080357789/Business/insurance-banks-join-forces.html
Failing to sew up support
Cambodian stockbrokers yesterday admitted to a disappointing level of investor interest in Grand Twins International’s (GTI) initial public offering. Garment industry unrest, distrust in the private sector and a lack of liquidity in the market were all said to be discouraging investors from buying into the ...
Eddie Morton
http://www.phnompenhpost.com/business/failing-sew-support
Grab offers innovative carbon offset option to support Cambodian forest protection
Passengers using the Grab ride-hailing app are offered the option to travel carbon neutral, said a press release of Wildlife Conservation Society (WCS) issued this afternoon, adding that a voluntary contribution allows passengers’ rides to be offset via carbon credits from the Keo Seima Wildlife ...
Khmer Times Staff
https://www.khmertimeskh.com/50900387/grab-offers-innovative-carbon-offset-option-to-support-cambodian-forest-protection/
Cambodia offers cash handouts worth $46 million to 360,000 families affected by inflation, floods
Cambodia on Saturday began to provide cash handouts to almost 360,000 households with about 1.3 million people affected by inflationary pressures and recent floods, a senior official said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501200349/cambodia-offers-cash-handouts-worth-46-million-to-360000-families-affected-by-inflation-floods/
Japan to offer grant aid in support of cadastral surveying and land registration in Cambodia
Japan will provide Cambodia for JPY 1,338 million ($9.7 million) for the implementation of the project for the Establishment of a Nationwide Continuously Operating Reference Station Network, according to Cambodia’s Ministry of Foreign Affairs and International Cooperation’s press release and obtained by AKP today. ...
Khmer Times Staff
https://www.khmertimeskh.com/501381543/japan-to-offer-grant-aid-in-support-of-cadastral-surveying-and-land-registration-in-cambodia/
Two’s company at CSX
It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...
Eddie Morton
http://www.phnompenhpost.com/business/two%E2%80%99s-company-csx
Grand Twins may price Cambodia IPO below mid-point of indicative range
Tepid interest in a Taiwanese-owned garment manufacturer’s planned initial public offering in Cambodia means that the deal could be priced below the midpoint of an indicative range, a person with direct knowledge of the offering said Thursday. Grand Twins International (Cambodia) PLC had planned to sell ...
Posts ministry offers rapid test kits at cost from S Korea, China
The Ministry of Posts and Telecommunications has announced that it will distribute two types of Covid-19 antigen rapid tests from South Korea and China, which will be made widely available at cost price. ...
Voun Dara
https://www.phnompenhpost.com/national/posts-ministry-offers-rapid-test-kits-cost-s-korea-china
Hun Sen offers ID Poor cards as incentive to halt fishing in dolphin habitat
Prime Minister Hun Sen recommended that the authorities provide ID Poors card for people living in the Irrawaddy dolphin protected areas to ensure that they stop fishing there, as their nets have caused the death of several of the rare species. ...
Families stand firm on eviction
A group of families whose homes are in the way of a municipal road-widening project rejected an offer from city hall on Friday to relocate and receive financial compensation, representatives from the community said. Located on the outskirts of Phnom Penh in Tuol Kork district, community ...
Tiger Air's First Flight to Cambodia Lands Monday
Tiger Airways’ first flight from Singapore to Cambodia is scheduled to land at Phnom Penh International Airport on Monday morning, making it the latest airline to offer direct flights to the country. Deborah Yeo, a public relations consultant for Tiger Airways, said that beginning Monday, the ...
Villagers, mining firm settle land dispute
Villagers in Ratanakkiri province’s O’Yadav district have accepted compensation offers from an Indian company seeking a licence to mine gold in the area. ...
Phak Seangly
http://www.phnompenhpost.com/villagers-mining-firm-settle-land-dispute
Cambodian stock exchange begins trading
The formerly state-owned Phnom Penh Water Supply Authority, the only stock on offer, has floated 13 million shares or 15 per cent of the company. ...
Casino in Poipet shut; reasons unknown
A Poipet venue offering online gambling and affiliated with nearby Crown Casino was closed by authorities over the weekend, according to a company security official. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/casino-poipet-shut-reasons-unknown
Floating rice: The climate-resilient alternative for Cambodia’s food production
Grown in floods and thriving without pesticides, floating rice offers Cambodia a sustainable alternative for its eco-friendly food production amid threats from climate change. ...
Pichayada Promchertchoo
https://www.channelnewsasia.com/news/asiapacific/floating-rice-cambodia-food-production-alternative-9937896
History lesson: Minister tells US mayor of VN invasion
Foreign Minister Hor Namhong yesterday took a visit by Lowell, Massachusetts, Mayor Rodney Elliott to offer an impromptu history lesson, he said at a press conference yesterday. ...
Taing Vida
http://www.phnompenhpost.com/national/history-lesson-minister-tells-us-mayor-vn-invasion
City Gives Lakeside Land Detail
City officials said yesterday that an offer of land to people living near Boeung Kak lake would not force residents to relocate, following concerns about how the city would implement Prime Minister Hun Sen’s order. Villagers won 12.44 hectares of land for on-site housing at the ...
Room for compromise in wage debate: official
The Garment Manufacturers Association in Cambodia and unions both need to compromise further to secure a “proper wage” for garment workers whose lives are hampered by their current $61 minimum wage, a Ministry of Social Affairs official overseeing wage negotiations said yesterday. “The government needs the ...
http://www.phnompenhpost.com/2013030661779/National/room-for-compromise-in-wage-debate-official.html
Sacombank Shutters Cambodian Securities Arm
A major Vietnamese bank is closing its brokerage and securities arm in Cambodia, an official said yesterday, amid the ongoing drought of listings on the Cambodian Securities Exchange (CSX). Sacombank, which will continue to operate as a bank in Cambodia, set up the securities firm ...
http://www.cambodiadaily.com/business/sacombank-shutters-cambodian-securities-arm-15738/