Derivatives licences handed out
Cambodia’s capital market regulator officially granted its first round of derivatives trading licences this week, nearly 10 months after it vowed to formally regulate the inherently risky financial instrument and provide investors with more options to earn profits. ...
Kali Kotoski
http://www.phnompenhpost.com/business/derivatives-licences-handed-out
PM meets china’s Xi, receives $150m grant
Prime Minister Hun Sen met with Chinese President Xi Jinping in Beijing on Thursday to receive a grant worth more than $150 million, the majority of which will go toward the construction of a massive sports and entertainment complex in Phnom Penh, a senior official ...
Kuch Naren and Khy Sovuthy
https://www.cambodiadaily.com/news/pm-meets-chinas-xi-receives-150m-grant-97440/
Cambodia gets about 320 mln USD investment from ASEAN last year
Cambodia attracted the fixed asset investment of 319.4 million U.S. dollars from its ASEAN member states in 2015, up 56 percent from a year earlier, according to a government report on Tuesday. ...
Song Miou
http://news.xinhuanet.com/english/2016-02/02/c_135068319.htm
Federation sees opening on digital path
Cambodia’s young, tech-enthusiastic population is a gateway to accessing the global market digitally, according to the ICT Federation of Cambodia, with its president – Steven Path – estimating that the information and communication technology sector is already nearing about $1 billion in sales. ...
Sum Manet
http://www.khmertimeskh.com/news/24307/federation-sees-opening-on-digital-path/
Central Bank to put focus on MFIs
“The Microfinance Sector in Cambodia: Opportunities and Risks” is an attempt to get a wider view and deeper insight from various researchers on fostering a robust, stable and sustainable microfinance sector, the National Bank of Cambodia (NBC) said in a statement yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/news/24373/central-bank-to-put-focus-on-mfis/
Salt imports spoil market
Though the Kingdom’s existing salt farms in Kampot and Kep produce enough salt to support domestic consumption, industry experts, however, are worried that a flood of the vital commodity from neighboring countries will spoil the market for Cambodian producers. ...
Chea Vannak
http://www.khmertimeskh.com/news/27907/salt-imports-spoil-market/
China urged to fund mining school
The Ministry of Mines and Energy is in talks with the Chinese government to build a research and training school, in order to boost the staffing capabilities of the country’s growing mining industry, according to a senior ministry official. Following recent news that gold deposits ...
May Kunmakara
http://www.khmertimeskh.com/news/28625/china-urged-to-fund-mining-school/
On Israeli farms, Cambodians study and sweat
For the past 11 months, Seng Nhel lived on a kibbutz in Israel, studying horticulture and working 45 hours a week on a farm growing fruits and vegetables for agro-industry giant Mehadrin. ...
Peter Ford and Ouch Sony
https://www.cambodiadaily.com/news/on-israeli-farms-cambodians-study-and-sweat-94321/
Hun Sen talks poverty
Prime Minister Hun Sen has outlined Cambodia’s strategy for tackling poverty in a keynote speech to a United Nations forum in Beijing marking the 2015 International Day for Eradication of Poverty.Addressing the gathering of leaders on Friday, the premier lauded the 1 billion people brought ...
Zoe Holman
http://www.phnompenhpost.com/national/hun-sen-talks-poverty
Singapore works with Cambodia to hasten the process of getting patent grants
The Intellectual Property Office Of Singapore (IPOS) has started work with Cambodia on patent applications, a move which will allow firms from both countries to hasten the process. ...
Rachael Boon
http://www.straitstimes.com/business/economy/singapore-works-with-cambodia-to-hasten-the-process-of-getting-patent-grants
Rice, garment sectors push exports into record territory
Cambodian exports grew by 17 per cent last year, driven by increases in shipments of rice and footwear, with garment export growth easing to a little under 7 per cent, according to a new Ministry of Commerce report. ...
Ananth Baliga
http://www.phnompenhpost.com/business/rice-garment-sectors-push-exports-record-territory
IDs are not ‘sufficient guarantee’ for loans
Cambodia’s central bank has asked all financial institutions, especially rural lenders, to refrain from accepting personal identity cards, residential records and family books as a guarantee while giving out loans to consumers. ...
Sor Chandara
http://www.phnompenhpost.com/business/ids-are-not-sufficient-guarantee-loans
Factory precautions urged as temps rise
The Ministry of Labour has urged the garment industry to take adequate health and safety measures to compensate for what they say is already an unusually hot dry season. ...
Bun Sengkong and Igor Kossov
http://www.phnompenhpost.com/national/factory-precautions-urged-temps-rise
Phnom Penh to get new $23 million domestic airport terminal
A Malaysian company will begin construction on a new domestic terminal at Phnom Penh International Airport soon, at a cost of about $23 million, the firm announced in a filing to the Malaysian stock exchange on Wednesday. ...
Kang Sothear and Peter Ford
https://www.cambodiadaily.com/news/phnom-penh-to-get-new-23m-domestic-airport-terminal-111342/
Police put an end to gathering of farmers in Prey Veng
Police who shut down a gathering of 30 people in a private home in Prey Veng province yesterday justified the action by saying the organisers had failed to notify the district governor in writing beforehand. ...
Niem Chheng
http://www.phnompenhpost.com/national/police-put-end-gathering-farmers-prey-veng
Rice export data show consistent decline
Cambodian rice exports have dramatically declined over the past three months compared to the same period last year, according to data released by the General Department of Agriculture yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-export-data-show-consistent-decline
Kandal drinking water contaminated with fecal matter, study says
A study of drinking water sources in Kandal province found widespread contamination from human excrement, posing a health risk to residents that likely mirrors the situation across Cambodia, the authors say. ...
Ben Paviour
https://www.cambodiadaily.com/news/kandal-drinking-water-contaminated-with-fecal-matter-study-115337/
Securities companies to provide market liquidity
A new initiative aimed at encouraging more trading on Cambodia’s persistently quiet stock exchange will allow securities underwriters and dealers to become liquidity providers who can hold and trade shares in listed companies. ...
Hor Kimsay
http://bit.ly/2ak6Xdl
Demand for flour on the rise
Wheat products have never had a big market in Cambodia, where meals revolve around rice, but Western influences are increasingly shaping local tastes and creating an appetite for flour products. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/demand-flour-rise
Minister discusses regional EU trade deal
Minister of Commerce Pan Sorasak held a meeting with representatives of the European Union this week to discuss the formulation of a new trade program to be supported by the EU, the Ministry of Commerce announced yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/minister-discusses-regional-eu-trade-deal