Indochine raises A$5.5m, sells 85% of Cambodia gold assets
ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...
Esmarie Swanepoel
http://www.miningweekly.com/article/indochine-raises-a55m-sells-85-of-cambodia-gold-assets-2013-10-08
Agriculture players can tap into new loan system
The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...
Yatt Malai
https://kiripost.com/stories/agriculture-players-can-tap-into-new-loan-system
Businesses urged to prioritise riel for salary payments
The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...
Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments
BRI projects not to lead Cambodia into debt trap
The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/
At least 444 firms okayed for Single Portal by Phase II agencies
At least 444 companies have been approved by the four second-phase agencies for registration on the Online Business Registration Platform, also known as the “Single Portal”, which observers claim has created a good environment for businesspeople, offering convenience and reducing informal costs. ...
May Kunmakara
https://www.phnompenhpost.com/business/least-444-firms-okayed-single-portal-phase-ii-agencies
Rules-based int'l co-op a key in times of peril: PM
Prime Minister Hun Sen said there are pressing reasons to strengthen multilateralism and rules-based international cooperation as interference by foreign powers and use of military force only bring on even worse tragedies rather than offering any solutions. ...
Ry Sochan
https://www.phnompenhpost.com/national/rules-based-intl-co-op-key-times-peril-pm
DENSO, Toyota Tsusho and Aisin Seiki to Open Wholly-Owned Automotive After-Sales Service Store in Cambodia- Will offer high-quality automotive after-Sales services in emerging economies
DENSO Corporation , Toyota Tsusho Corporation and Aisin Seiki Co., Ltd., will jointly opEN a wholly-owned store in Cambodia that will offer automotive repair and maintENance services, as well as sell related automotive componENts. The wholly-owned store will start operations in February 2014 with the ...
Hispanic Business News Staff
http://www.hispanicbusiness.com/2013/11/28/denso_toyota_tsusho_and_aisin_seiki.htm
Cambodia set to continue export duty incentives in rubber sector
Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-set-to-continue-export-duty-incentives-in-rubber-sector
Royal turtles on verge of comeback: Official
Ministry of EnvironmEnt spokesman Neth Pheaktra called on fishermEn to help conserve the Endangered royal turtle (batagur affinis). The species, also known as the Southern river terrapin, are on the verge of extinction in Cambodia, but a successful breeding programme is offering some hope. ...
Samban Chandara
https://www.phnompenhpost.com/national/royal-turtles-verge-comeback-official
Smile Shop catering to lockdown demand for groceries
In response to increased demand during lockdown, Smile Shop, a local e-shop, is offering new users a $10 discount on their first purchase for orders of $25 or more. They ensure deliveries are made between two and 12 hours post ordering in Phnom Penh. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50842449/smile-shop-catering-to-lockdown-demand-for-groceries/
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
Korean first lady paves way for ill boy’s surgery
A 14-year-old boy with congenital heart disease who was lucky enough to meet with South Korean first lady Kim Keon-hee may get the chance of a lifetime and receive surgery and treatment at Asan Medical Center in Seoul, South Korea. After seeing his plight, many ...
Long Kimmarita
https://www.phnompenhpost.com/national/korean-first-lady-paves-way-ill-boys-surgery
Billions of dollars set to boost visitor attractions in Kingdom
The government has announced that it is preparing to develop a special tourism area in the coastal province of Sihanoukville. In a move to diversify its tourism offerings, citing a need to boost tourism flow into the area. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50693276/billions-of-dollars-set-to-boost-visitor-attractions-in-kingdom
Travel agents welcome free entry to Angkor Wat for expats
Free entry offered to expats who have completed two years of residency at Angkor Archaeological Park got a rousing welcome from the hospitality sector. ...
Torn Vibol
https://www.khmertimeskh.com/501144786/travel-agents-welcome-free-entry-to-angkor-wat-for-expats/
Bun Youdy reflects on three years at the National Commercial Arbitration Centre
Established by the 2006 Law on Commercial Arbitration, the National Commercial Arbitration Centre of Cambodia (NCAC) is an independent not-for-profit institution that aims to offer impartial and effective alternative dispute resolution. There are currently more than 60 arbitrators on the NCAC panel. ...
Japanese to donate medical equipment
The Japanese government will provide $18 million worth of medical equipment and supplies to the Ministry of Health to help the Kingdom fight Covid-19. It will also offer nearly $23 million in financial grants to support education and health in Cambodia, according to an announcement from ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/japanese-donate-medical-equipment
CSX reviews first application for Growth Board IPO
The Cambodia Securities Exchange (CSX) is currently going over its first-ever initial public offering (IPO) eligibility review application for a company to list on its Growth Board since the secondary board was launched in 2015, its vice-chairman Ha Jong-weon told The Post on December 14. ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-reviews-first-application-growth-board-ipo
UNICEF, government hold forum on child rights
UNICEF and the NGO Save the Children jointly hosted a forum in Phnom Penh marking the 10th anniversary of the global launch of the “Children’s Rights and Business Principles”. These principles offer guidelines for businesses as they embed children’s rights into their business strategies and ...
Sok Raksa
https://www.phnompenhpost.com/national/unicef-government-hold-forum-child-rights
The Kingdom’s first IPO
The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...
http://www.phnompenhpost.com/index.php/2012030854926/Business/the-kingdoms-first-ipo.html
Hun Sen calls on public to receive booster jabs to stop Covid return
Prime Minister Hun Sen has ordered that national authorities establish more vaccination sites and assemble teams who can offer booster shots to those who cannot travel to the sites. ...
Mom Kunthear
https://www.phnompenhpost.com/national/hun-sen-calls-public-receive-booster-jabs-stop-covid-return