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Cellcard eyes $20M IPO after CSX’s green light

Prominent telecoms operator CAMGSM Plc, a subsidiary of locally-owned conglomerate Royal Group of Companies Ltd that trades as Cellcard, plans to raise about $20 million through an initial public offering (IPO) on the Cambodia Securities Exchange (CSX), expected in May. ...

May Kunmakara
https://www.phnompenhpost.com/business/cellcard-eyes-20m-ipo-after-csxs-green-light

Cambodia’s tourism roadmap

As Cambodia prepares to host this year’s Mekong Tourism Forum (MTF) in Sihanoukville, Minister of Tourism, Thong Khon, has unveiled Cambodia’s targets for tourism, aviation expansion plans, and encouraging tourists to explore beyond the hubs of Siem Reap and Phnom Penh. ...

Marissa Carruthers
https://kiripost.com/stories/cambodias-tourism-roadmap

ADB urges green investment ramp up

Although a multitude of risks grey Cambodia’s outlook this year, gross domestic product (GDP) growth is forecast a tad higher at 5.5 percent from an estimated 5.2 percent in 2022, according to the Asian Development Bank (ADB) earlier this month. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-adb-urges-green-investment-ramp-up

SSCA eyes 300 weekly China flights

Cambodia and China appear to be pressing ahead with plans to raise the number of direct commercial flights between them to at least 300 per week, which private sector operators envisage will underpin strong growth in tourist flows from the Asian economic powerhouse. ...

May Kunmakara
https://www.phnompenhpost.com/business/ssca-eyes-300-weekly-china-flights

Siem Reap hosts APAC recycling meet

Minister of Environment Say Samal urged countries in the region and across the Asia-Pacific (APAC) to work together globally to address waste, especially plastic, effectively and to initiate the transfer of advanced technology to less developed nations to jointly address the issues. ...

Lay Samean
https://www.phnompenhpost.com/national/siem-reap-hosts-apac-recycling-meet

Seven tonnes of ‘e-waste’ prepped for export to foreign recycling plants

In the past four years, Ecobatt-Energy Cambodia has collected more than 7 tonnes of hazardous electronic waste, IncludIng batteries and accumulators, for export abroad. The KIngdom does not have the facilities to recycle these products. ...

Lay Samean
https://www.phnompenhpost.com/national/seven-tonnes-e-waste-prepped-export-foreign-recycling-plants

Transport ministry rules that all cargo carriers must register with Port EDI system

The Ministry of Public Works and Transport has decided that all cargo ships unloading or picking up goods in Cambodia must register through the Port Electronic Data interchange (Port EDI) system, an electronic data exchange system which manages large-scale inbound and outbound cargo traffic at ...

Post Staff
https://www.phnompenhpost.com/business/transport-ministry-rules-all-cargo-carriers-must-register-port-edi-system

Kids encouraged to read ahead of National Reading Day

Minister of Education, Youth and Sport (MoEYS) Hang Chuon Naron on Monday urged parents to bring their kids to participate in reading events, read more at home rather than playing games as the National Reading Day approaches. ...

Meas Molika
https://kiripost.com/stories/cambodia-kids-encouraged-to-read-ahead-of-national-reading-day

Central bank poised to auction off 90B riel on July 25

The National Bank of Cambodia (NBC) is set to hold its 134th liquidity-provided collateralised operation (LPCO) on July 25, making 90 billion riel ($22 million) available to local financial institutions in need of liquidity, through an auction to buy US dollars. ...

May Kunmakara
https://www.phnompenhpost.com/business/central-bank-poised-auction-90b-riel-july-25

Phnom Penh buses set to ‘streamline’ travel to polls

Khuong Sreng, the governor of Phnom Penh, announced that the municipal administration has organised approximately 350 city buses to assist in travel for the July 23 national elections. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/phnom-penh-buses-set-streamline-travel-polls

H1 vehicle imports slow down by 20% on-year to $457M

Cambodia imported a total of $456.673 million worth of “rot’yon” -class automotive motor vehicles in the first half of 2023, down 19.90 per cent year-on-year from $570.099 million, according to the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/h1-vehicle-imports-slow-down-20-year-457m

PM Modi holds talks with Cambodian King, discusses ways to advance partnership

Prime Minister Narendra Modi on Tuesday held talks with visiting Cambodian King Norodom Sihamoni, during which the two sides discussed bilateral ties and ways to advance the partnership in capacity building, tourism, culture and defence among other things. ...

Khmer Times Staff
https://www.khmertimeskh.com/501299570/pm-modi-holds-talks-with-cambodian-king-discusses-ways-to-advance-partnership/

Korean philanthropists build houses for the impoverished

South Korean philanthropists have constructed over 260 houses for residents in the Banteay Srei district of Siem Reap province. Working through the Cambofriend organisation, their efforts aimed to enhance local livelihoods while strengthening the friendship between the two nations. ...

Chea Sokny
https://www.phnompenhpost.com/national/korean-philanthropists-build-houses-impoverished

Investment projects promise almost 80K new job opportunities

The Council for the Development of Cambodia (CDC) notices issued in the January-May period reveal that the government agency approved 61 new private investment projects – both inside and outside of special economic zones (SEZ) – totalling $516.64 million and set to deliver an estimated ...

Hin Pisei
https://www.phnompenhpost.com/business/investment-projects-promise-almost-80k-new-job-opportunities

Ministry of Labour to provide vocational training to 1.5 million young people from poor and vulnerable families

Pursuant to the recommendation of Prime Minister Hun Sen, the Ministry of Labor and Vocational Training is co-developing a national policy on vocational training for 1.5 million young people in poor and vulnerable families with the Royal Government paying tuition fees and monthly stipends. ...

Khmer Times Staff
https://www.khmertimeskh.com/501303351/ministry-of-labour-to-provide-vocational-training-to-1-5-million-young-people-from-poor-and-vulnerable-families/

Phnom Penh job fair offers 4,500 openings

The National Employment Agency (NEA) under the Ministry of Labour and Vocational Training, in collaboration with the Union of Youth Federations of Cambodia (UYFC), organised a two-day job fair and career guide, with a total of 4,500 job opportunities from 25 companies. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/phnom-penh-job-fair-offers-4500-openings

China, Vietnam, Thai markets make up 70% of Cambodia’s imports

Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports

Ecobatt, environment ministry tackle e-waste

In a joInt effort between the MInistry of Environment and Ecobatt Energy Investment International (Ecobatt), over 30 tonnes of electronic waste, IncludIng used cell batteries and electrical equipment, were collected between August 2022 and October 2023. ...

Post Staff
https://www.phnompenhpost.com/national/ecobatt-environment-ministry-tackle-e-waste

CPV General Secretary: Vietnam supports Cambodia’s national development

Vietnam always supports Cambodia’s national construction and development, General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen PhuTrong told President of the Cambodian National Assembly (NA)KhuonSudary, during a reception in Hanoi, Vietnam on Dec. 1. ...

Khmer Times Staff
https://www.khmertimeskh.com/501400484/cpv-general-secretary-vietnam-supports-cambodias-national-development/

Street Vendors Day calls for support

The Independent Democratic Informal Economy Association abbreviated (IDEA) and OXFAM In Cambodia on November 15 celebrated the 11th International Street Vendors Day, with the aim of promotIng labour rights and callIng for social protection for street vendors. ...

Chea Sokny
https://www.phnompenhpost.com/national/street-vendors-day-calls-for-support

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