Councilors to Get Payouts Before Vote in Upcoming Elections
The ruling CPP will pay a bonus of 500,000 riel (about $125) to each of its commune councilors just weeks before they go to the polls to vote in the next elections for district, city and provincial councilors in May. According to a copy of a ...
Kuch Naren
http://www.cambodiadaily.com/news/councilors-to-get-payouts-before-vote-in-upcoming-elections-52704/
Resurgent mobile deals could hurt margins, analysts say
‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say
Flights to Arrive From China’s Yunnan Province
An airline in China’s Yunnan province will begin offering flights from its capital, Kunming, to Phnom Penh and Siem Reap City, Council of Ministers spokesman Ek Tha said yesterday. ...
Ministry looking to close pension gap for officials
The Ministry of Social Affairs is looking for ways to bring old pension plans into line with pensions offered to more recently retired government workers. ...
Sen David and Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-looking-close-pension-gap-officials
PM courts cyclo drivers with free health care, new preservation foundation
Prime Minister Hun Sen today announced plans to offer free health care to cyclo drivers and to form a foundation to help preserve them as a tourist attraction. ...
Yon Sineat
http://www.phnompenhpost.com/national/pm-courts-cyclo-drivers-free-health-care-new-preservation-foundation
Port a step closer to 2015 IPO
Sihanoukville Autonomous Port (SAP) recorded above-average revenue growth in 2014, marking the third year of consecutive profit and paving the way for a 2015 initial public offering, officials say. ...
Hor Kimsay
http://www.phnompenhpost.com/business/port-step-closer-2015-ipo
COVID-19 Omicron Update
On 09 December 2021, the Ministry of Health issued a joint statement between the Ministry of Health and the World Health Organization (WHO) in Cambodia on the update of the new COVID-19 virus, Omicron.In Cambodia, the implementation of the three preventive measures and the three ...
Ministry of Health
New player joins busy telecom market
Starting today, Kingtel, a new internet and telecom service provider, will offer internet services to customers, with the company expected to launch call services within the next few months. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/new-player-joins-busy-telecom-market
Grab rolls out motorbike service in capital
Singapore-based ride hailing app Grab has added motorbike taxis to its inventory in Phnom Penh, becoming the first app of its kind to offer the popular motodop service. ...
Robin Spiess
http://www.phnompenhpost.com/business/grab-rolls-out-motorbike-service-capital
Port IPO opens to subscribers
Subscription for the initial public offering of Sihanoukville Autonomous Port (SAP) opened yesterday, with its underwriter predicting a strong investor response following an oversubscribed bookbuilding exercise late last month. ...
Cam McGrath
http://www.phnompenhpost.com/business/port-ipo-opens-subscribers
Flooding raises fears of polling problems
A weather forecast predicting heavy rain in the next five days is causing some trepidation among election monitors, who fear flooding might keep some voters from the polls. Minister of Water Resources and Meteorology Lim Kean Hor issued a warning Monday that a low-pressure system hitting ...
http://www.phnompenhpost.com/national/flooding-raises-fears-polling-problems
Borei Keila residents herald pledge of aid
Borei Keila evictees who have been sleeping in stairwells near where their houses once stood said yesterday the Phnom Penh municipal authority had promised to help them find homes. Ka Rohanny, 35, a representative of the evicted residents, told the Post Kiet Chhe, deputy administrative president ...
Private firms plan CSX IPOs
A logistics firm and two garment manufacturers planned to list on the Cambodia Securities Exchange during the second half of 2012, underwriter Phnom Penh Securities said yesterday. The companies are the first known private businesses to confirm their intentions of listing on the Kingdom’s still-dormant bourse. Manufacturing ...
http://www.phnompenhpost.com/index.php/2011110352509/Business/private-firms-plan-csx-ipos.html
Country’s First Life Insurance Firm Enters Market
The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...
Railway Family Payouts Could Be Increased
The government and the Asian Development Bank (ADB) will start drafting a new resettlement plan this month that could improve the compensation on offer for some of the roughly 200 Phnom Penh families losing their homes because of rehabilitation of the country’s railway network in ...
Premier calls for support for veterans
Prime Minister Hun Sen yesterday announced he would be personally helping the families of 100 dead veterans every year and called on others to offer financial help, according to reports. ...
Mom Kunthear
http://www.khmertimeskh.com/news/26381/premier-calls-for-support-for-veterans/
Thai, Cambodian SEC sign pact on capital markets
Cambodia and Thailand’s Securities Exchange and Commission (SEC) yesterday signed a memorandum of understanding (MoU) on mutual cooperation for capital market development through cross-listing, dual listing and depositary receipt offerings. ...
Bangkok Post Staff
https://www.bangkokpost.com/business/1752539/thai-cambodian-sec-sign-pact-on-capital-markets
Unstoppable worker outflow dims Cambodia's future prospects
Despite Thailand’s latest effort to stem the flow of migrants, workers from Cambodia continue to cross the border, as they try to flee an economy that offers little reward for their work. ...
Danielle Keeton-olsen
https://asia.nikkei.com/Spotlight/Drifting-Cambodia/Unstoppable-worker-outflow-dims-Cambodia-s-future-prospects
Kampot holdouts take compensation, move out
Six families in Kampot City accepted compensation of $3,000 each on Monday for their houses situated on a road that authorities want to expand, after initially rejecting the offer last week. ...
Ben Sokhean
https://www.cambodiadaily.com/news/kampot-holdouts-take-compensation-move-out-93702/
Equity fund takes stake in iCare
A Singapore-based private equity fund manager has acquired a significant minority stake in iCare Benefits (Cambodia) Co Ltd, an employee benefits programme offered to enterprises that operate in the Kingdom. ...
Kali Kotoski
http://www.phnompenhpost.com/business/equity-fund-takes-stake-icare