The strange adventure of the Cambodian currency
On the post office square, a beautiful Art Deco building now houses the restaurant Van, an insurance company and the offices of the AFD (French Development Agency). An inquiring mind will not fail to notice on the gates the presence of little medallions with the ...
Cambodians form backbone of securities market
Local stock-exchange staff will be trained by foreign experts Overseas experts will play an important role in the start-up of the Cambodia Securities Exchange (CSX), says Larry Ng of Cana Securities. “Foreign investors will lead the CSX and securities market at the beginning because they have the ...
Research differentiates investing in stock exchanges from gambling at the casino
One of the men deeply involved in the development of Cambodia’s financial system, Dr Ghanty Sam, of the Financial Institute of Cambodia, who is also a board member of the Securities and Exchange Commission of Cambodia, says people should be aware of the downside of ...
Business group to support women
Cambodia’s first association for expanding business opportunities and financing for women was launched on Saturday. The Cambodia Women Entrepreneurs Association would seek to enhance the competitiveness of businesswomen in the growing ASEAN market, which was set to integrate by 2015, Seng Takakneary, president of the new ...
http://www.phnompenhpost.com/index.php/2012031955103/Business/business-group-to-support-women.html
Share Price Set for Stock at City Water Authority
Shares of the state-owned Phnom Penh Water Supply Authority (PPWSA) will trade at 6,300 riel, or $1.57, when the firm launches its initial public offering (IPO) on the Cambodian bourse on April 18, PPWSA announced yesterday. The price puts the company at the top of the ...
PPWSA edges closer to IPO
As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...
http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html
Hu, Cambodian PM agree to advance ties
Chinese President Hu Jintao and Cambodian Prime Minister Hun Sen agreed here Saturday to advance the comprehensive relations of strategic cooperation and partnership between their two countries. In a meeting, the two leaders pledged to expand mutually beneficial cooperation in all fields and to double the ...
http://www.chinadaily.com.cn/china/2012HuAsiaTour/2012-03/31/content_14962294.htm
Stocks’ excellent first quarter
Preservation of capital is fast losing ground to increased risk-taking as global equity markets close the quarter with a stellar performance. Investors are concerned that they will miss the accelerating upside move. Out of the 78 major financial markets around the world, the score is 66 positive ...
http://www.phnompenhpost.com/index.php/2012040455410/Business/stocks-excellent-first-quarter.html
Ministry says Japan’s concerns misplaced
Following a meeting in which a Japanese emissary urged the government to open negotiations with the now-dissolved opposition, the Ministry of Foreign Affairs suggested Japan’s concerns were based on a “misunderstanding” and said Cambodia is too small to fight against an alleged “strong propaganda machine”. ...
Mech Dara
https://www.phnompenhpost.com/national/ministry-says-japans-concerns-misplaced
UNDP remains committed to Cambodia’s development
Foreign Affairs Minister Prak Sokhonn met with newly appointed United Nations Development Programme representative Pauline Tamesis yesterday. After the meeting, Foreign Affairs Ministry spokesman Chum Sounry said Ms Tamesis confirmed UNDP’s commitment to continue cooperating with Cambodia and supporting policies of the government. ...
Ven Rathavong
http://www.khmertimeskh.com/50116390/undp-remains-committed-to-cambodias-development/
Factory workers to march to ministry after salaries unpaid
Aggrieved workers of First Gawon Apparel (Cambodia) plan to march to the offices of the Ministry of Labour and Vocational Training (MLVT) again on Tuesday, seeking a solution from the ministry in a salary dispute that has dragged on for more than five months. Heng ...
Yon Sineat
https://www.phnompenhpost.com/national/factory-workers-march-ministry-after-salaries-unpaid
Land petitioners return to capital
Three groups made up of nearly 100 people in land disputes from Siem Reap, Koh Kong and Kandal provinces gathered yesterday in front of the Ministry of Land Management and the Prime Minister’s cabinet office asking the institutions to resolve their problems. ...
Pech Sotheary
https://www.khmertimeskh.com/50504866/land-petitioners-return-to-capital/
Protesters not happy with ministry’s offer
Some 200 villagers from Koh Kong province in a longstanding dispute with the Koh Kong Sugar Industry Co Ltd were prevented by the capital’s Daun Penh district authorities from protesting at the home of Prime Minister Hun Sen on Wednesday. On Monday, the Ministry of ...
Kong Meta
https://www.phnompenhpost.com/national/protesters-not-happy-ministrys-offer
Human trafficking report status unchanged
The Ministry of Foreign affairs on Friday said a report by the US State Department on trafficking has again ranked Cambodia in Tier 2, adding that the US recognised that Cambodia has made a serious effort in combating human trafficking. ...
Sen David
https://www.khmertimeskh.com/50507434/human-trafficking-report-status-unchanged/
Protesters rally at ministry over Koh Kong land fracas
A host of protesters rallied at the Ministry of Land Management, Urban Planning and Construction yesterday to demand that it intervene to resolve a land dispute involving a company and hundreds of families in Koh Kong province. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/protesters-rally-ministry-over-koh-kong-land-fracas
Laos dam impact assessment ‘plagiarized’
Parts of an environmental impact assessment for the controversial Pak Lay dam in Laos was copied word for word from an assessment of the equally contentious Pak Beng dam, an advocacy group has claimed. A statement from Save the Mekong, released last week during a meeting ...
Hul Reaksmey
https://www.voacambodia.com/a/laos-dam-impact-assessment-plagiarized/4588398.html
Government urges end to wildlife trade
Interior Minister Sar Kheng said on Friday that the Kingdom had fallen victim to wildlife trafficking and called on relevant parties in Cambodia and beyond to help stop the crime. Speaking at the 4th Illegal Wildlife Trade conference attended by leaders from more than 80 ...
Mech Dara
https://www.phnompenhpost.com/national/government-urges-end-wildlife-trade
Cambodia calls EU trade threat 'extreme injustice'
Cambodia’s foreign ministry on Thursday said a decision by the European Union to ramp up trade pressure on the country over human rights concerns was an “extreme injustice”, adding it risked destroying decades of development in the country. ...
Land Minister addresses corruption
Land Management Minister Chea Sophara on Thursday instructed cadastral officials throughout the country to ensure accurate measurements and avoid corruption when demarcating people’s land. The instruction came after the ministry obtained sophisticated equipment using Global Navigation Satellite System (GNSS) technology. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/land-minister-addresses-corruption
The National Authority for Land Dispute Resolution gets new president
The Minister of Land Management, Urban Planning and Construction, Chea Sophara, and a senior MP, Khun Haing, have been appointed NALDR president and deputy, respectively, following an order signed by Prime Minister Hun Sen on December 13 and announced on Thursday. ...
Voun Dara
https://www.phnompenhpost.com/national/national-authority-land-dispute-resolution-gets-new-president