Cambodia regulator to cancel inactive telecom licenses
The Telecom Regulator of Cambodia (TRC) has urged 34 domestic telecom operators and ISPs to submit their business performance reports by end-November. The watchdog plans to ensure the companies comply with their licensing agreements, Khmer Times reports, citing Im Vutha, director of regulation at TRC. ...
Telecompaper News Staff
http://www.telecompaper.com/news/cambodia-regulator-to-cancel-inactive-telecom-licenses--1114622
Local SMEs keen to replace Thai, Vietnamese imports
Cambodian businesses are joining forces in an attempt to increase production and reduce the country’s dependence on imports. The Federation of Association for Small and Medium Enterprises of Cambodia, the Ministry of Industry and Handicraft, and the Cambodia Chamber of Commerce plan to encourage small ...
Sok Chan
http://www.khmertimeskh.com/news/18174/local-smes-keen-to-replace-thai--vietnamese-imports/
Workers demand outstanding wages
Up to 90 former workers from defunct Korean-owned Keohwea International Garment Factory gathered in front of the vacant factory building in Kampong Speu’s Kaheng commune yesterday morning to demand that the owner of the building sell the machinery left there by the Korean business owner, ...
Pav Suy
http://www.khmertimeskh.com/news/18952/workers-demand-outstanding-wages/
US-Cambodia relations to stay strong
As business mogul and reality television personality Donald Trump was announced as the next president of the United States yesterday, Cambodian political figures called for continued good relations. Shortly after president-elect Trump gave his victory speech in New York yesterday afternoon, Cambodian Prime Minister Hun Sen, ...
Taing Vida
http://www.khmertimeskh.com/news/31900/us-cambodia-relations-to--stay-strong/
Taiwan Cooperative Bank to open Cambodia branch
Taiwan Cooperative Bank, the banking arm under Taiwan Cooperative Financial Holding Co. Ltd., received the green light from Cambodia’s central bank to open a branch in the capital city of Phnom Penh, the bank said Saturday. Cambodia, a member of the Association of Southeast Asian Nations, ...
http://focustaiwan.tw/ShowNews/WebNews_Detail.aspx?Type=aECO&ID=201209080024
Vinci sees more airport opportunities
French construction and concessions group Vinci expects to see considerably more opportunities to acquire airport concessions in the next two years, its chief executive said on Thursday Vinci’s concessions unit, the operator of nine regional airports in France and Cambodia’s three main airports, is keen on ...
http://www.reuters.com/article/2012/09/20/vinci-acquisitions-idUSL5E8KK43020120920
As Tensions Grow, Residents Pitted Against Authorities, ‘Not Companies’
Boeung Kak and Borei Keila villagers embroiled in longstanding land disputes with two private companies in Phnom Penh say the authorities are protecting business interests over the public, as thousands of families lose their homes under forced evictions. This has turned the protesters and government officials ...
Thai prices ease as intervention distorts regional trade
Thailand’s rice intervention scheme is distorting trade around Southeast Asia, attracting rice smuggled from neighbouring countries into Thai government stockpiles, but genuine business remains slack and Thai prices have fallen this week. Cheap rice from Cambodia and Myanmar is finding its way into Thai government warehouses ...
Telecom Group Vimpelcom Hires Adviser to Help Sell Beeline
United Arab Emirates-telecoms group Vimpelcom has hired Standard Chartered to advice it on the sale of its business in Cambodia, Laos, Burundi, Zimbabwe and the Central African Republic, two people familiar with the matter said. New York-listed Vimpelcom wants to focus on its largest markets of ...
Maybank IB eyes Cambodia, Laos capital markets
Maybank Investment Bank Bhd (Maybank IB) plans to leverage on its parent, Malayan Banking group’s presence in Cambodia, Laos to penetrate their capital markets there. Maybank IB chief executive officer Tengku Datuk Zafrul Abdul Aziz said on Monday he was looking at organic growth for the ...
Ng Bei Shan
http://www.thestar.com.my/Business/Business-News/2013/08/26/Maybank-IB-eyes-Cambodia-Laos-capital-markets.aspx
Ministry shake-up as AEC integration looms
The Ministry of Commerce is undergoing an internal shake-up to better position itself for the opening up of trade across the region. Commerce Minister Sun Chanthol told the Post yesterday that ahead of Asean Economic Community (AEC) integration in 2015, new divisions were being established and others realigned ...
Daniel de Carteret
http://www.phnompenhpost.com/business/ministry-shake-aec-integration-looms
Malaysian trade exhibition kicks off in Cambodian capital
The fifth edition of a Malaysian trade exhibition kicked off here on Tuesday, aiming to further promote bilateral trade and investment ties, officials said. The three-day event, held at the Diamond Island Exhibition Center, features 62 Malaysian companies from diverse sectors including construction, business services, industrial ...
Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-06/12/c_133402783.htm
CPP, CNRP negotiation at standstill
The Cambodian People’s Party and the opposition Cambodia National Rescue Party haven’t yet initiated new meetings as they are busy campaigning for upcoming city, provincial and district council election. An opposition official called the current political situation as deadlock, but is denied by the ruling party, ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=YjQ1MjZmMjdhMmY
Marubeni powers into Cambodia
Marubeni Corp. said Monday that it would acquire a 20 percent stake in a Cambodia-based electricity generation and transmission business owned and operated by Malaysia’s Leader Group, marking Japan’s first foray into Cambodia’s power market. Leader Infrastructure Ltd. operates two 50 megawatt coal-fired power stations in ...
Kyodo News Staff
http://www.japantimes.co.jp/news/2014/06/02/business/marubeni-powers-into-cambodia/#.U4128fmSx8F
Advans SA increases holdings in local MFI
Luxembourg-based Advans SA Group and two other foreign investors have increased their share holdings in local microfinance institution Amret, giving Advans a controlling stake in the company. Claude Falgon, executive director of Advans SA SICAR, said that since the first stake acquisition, the business had acquired ...
May Kunmakara
http://www.phnompenhpost.com/advans-sa-increases-holdings-local-mfi
New pier to attract tourists
Kampot province’s City Hall yesterday revealed plans for a new passenger pier to siphon more coastal tourism business from Thailand and Vietnam. Sim Vuthea, administrative director of Kampot City Hall, said the new $40 million passenger pier, which will be funded by the Asian Development Bank ...
Chan Muyhong
http://phnompenhpost.com/business/new-pier-attract-tourists
PM calls for greater collaboration among ministries
With the realisation of the ASEAN Economic Community due at the end of the year, politicians and business delegates, at a conference to discuss Cambodia’s AEC progress, have stressed the need for a more coordinated approach during the transition into deeper regional integration. “Our ambitious ...
Ananth Baliga
http://www.phnompenhpost.com/pm-calls-greater-collaboration-among-ministries
New gas safety rules
As part of a new safety initiative, the Ministry of Mines and Energy will require all petrol station owners to present a certificate acknowledging that their businesses follow risk-prevention protocols. The directive came in response to a series of petrol fires and explosions that damaged property ...
Pech Sotheary
http://www.phnompenhpost.com/new-gas-safety-rules
Smooth road means more tourism for remote province
At the Coffee Resort in Sen Monorom, the capital of Mondulkiri province, business is booming. In just an hour, about 50 tourists, local and foreign alike, come through, ordering coffee or avocado shakes to go. Coffee beans and avocados grow well here, and now, thanks to ...
Phorn Bopha
http://bit.ly/1IgUL3l
GMAC, other textile associations mount pressure on brands to pay suppliers
Nine business associations in the STAR (Sustainable Textile of Asian Region) Network are calling on buyers to honour their contracts with their suppliers. ...
Khmer Times Staff
https://www.khmertimeskh.com/50713331/gmac-other-textile-associations-mount-pressure-on-brands-to-pay-suppliers/