Koreans eyeing bank IPO
Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...
May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo
New listing soon on CSX
Sihanoukville Autonomous Port (SAP) is edging closer to be listed on Cambodia’s burgeoning stock exchange after five years of delays. The state-owned enterprise will start a formal process of studying investor demand by April, to decide how much shares will cost when the company makes its ...
Chea Vannak and May Kunmakara
http://www.khmertimeskh.com/news/36832/new-listing-soon-on-csx/
CSX index up 7.25 per cent, $1.25 million in shares traded
Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO). At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-index-725-cent-125-million-shares-traded
Fresh round of MFI license cancellations by NBC
The National Bank of Cambodia (NBC) has rejected two license applications and revoked the licenses of 24 microfinance institutions operating outside the capital, according to an announcement released Wednesday. ...
Sum Manet
https://www.khmertimeskh.com/50531273/fresh-round-of-mfi-license-cancellations-by-nbc/
As its rabies plan lags, Cambodia feels the bite
Despite killing some 800 people in the Kingdom each year, rabies has been largely off the public health radar. Plans are in the works for a nationwide response, but can funding catch up? ...
Alessandro Marazzi Sassoon and Sonen Soth
http://www.phnompenhpost.com/national/its-rabies-plan-lags-cambodia-feels-bite
Floods, storms and heat projected to cost SE Asia $34 bln per year
Falling crop yields, damage to infrastructure and heat-related illnesses brought on by climate change could cost the four Southeast Asian countries of the lower Mekong River basin $34 billion per year, researchers say. A report released on Monday found that climate change could cost Cambodia, ...
Alisa Tang
http://in.reuters.com/article/2015/02/23/climatechange-southeast-asia-idINKBN0LR1A920150223
Memorial project educates youth on Khmer Rouge
More than 20 memorials have been built in Cambodian high schools since 2010, in an effort to educate young people about the Khmer Rouge. The aim of the project is to teach about genocide in order to prevent its return. ...
Sou Pisen
http://www.voacambodia.com/content/memorial-project-educates-youth-on-khmer-rouge/2871837.html
PM urges use of ‘Thank you peace’ slogan
Prime Minister Hun Sen has urged all state institutions and schools to promote the “Thank you peace” slogan so that Cambodians will appreciate how precious peace is when it is attained. He said the slogan was not meant to oppose any group but rather to ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/pm-urges-use-thank-you-peace-slogan
Announcement on the delisting of rural credit institutions from the list at the National Bank of Cambodia
On 12 April 2023, National Bank of Cambodia has posted an announcement on the delisting of rural credit institutions from the list at the National Bank of Cambodia on their official social media site. According to the announcement, National Bank of Cambodia has delisted 108 credit ...
National Bank of Cambodia
Role of MFIs in economic and social development crucial
Microfinance as a sector has been key in helping bring about economic and social development in Cambodia stressed Sok Voeun, chairman of Cambodia Microfinance Association last Friday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501383482/role-of-mfis-in-economic-and-social-development-crucial/
Tremendous growth in education sector over decade
Over a decade, the number of higher education institutions in Cambodia has grown from 110 to 132, according to the 10-year Achievement Report released by the Ministry of Education, Youth and Sport. ...
Hang Punreay
https://www.khmertimeskh.com/501442524/tremendous-growth-in-education-sector-over-decade/
Banks, MDIs urged to provide loans
The National Bank of Cambodia (NBC) has encouraged banks and money-deposit taking institution (MDIs) to continue disbursing loans and possibly suspend interest for businesses impacted by the Covid-19 outbreak, especially in the tourism industry. ...
May Kunmakara
https://www.phnompenhpost.com/business/banks-mdis-urged-provide-loans
Smooth sailing for port’s IPO
Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. The Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter ...
Brian Ng
http://www.phnompenhpost.com/business/smooth-sailing-ports-ipo
Seaport debuts on stock market
Shares in Sihanoukville Autonomous Port (PAS), the state-owned enterprise that operates Cambodia’s only deep-sea port, debuted on Cambodia’s stock exchange yesterday after an initial public offering that raised $27 million. ...
Brian Ng and Hor Kimsay
http://www.phnompenhpost.com/business/seaport-debuts-stock-market
Factories to be moved out of Phnom Penh to ease traffic
A Phnom Penh city official told The Post on Monday that all warehouses and factories will be relocated along the capital’s new third ring road once it is completed in 2021. This will prevent heavy goods vehicles causing congestion and accidents in the city. ...
Khorn Savi
https://www.phnompenhpost.com/national/factories-be-moved-out-phnom-penh-ease-traffic
NBC revokes licenses of 11 rural credit institutions
The National Bank of Cambodia on Wednesday announced it is revoking the licenses of 11 rural credit institutions and rejecting license applications from 12 other credit organisations. ...
May Kunmakara
https://www.khmertimeskh.com/50503744/nbc-revokes-licenses-of-11-rural-credit-institutions/
Authorities monitoring Zika virus in Cambodia
A disease expert in Cambodia said on Friday that although the Zika virus—which has recently been linked to birth defects and paralysis in South America—had circulated in Cambodia in the past, there had been no reported cases of the virus here for three years, though ...
Taylor O'Connell
https://www.cambodiadaily.com/news/authorities-monitoring-zika-virus-in-cambodia-106228/
NBC gives banks, MFIs greenlight to issue bonds
The National Bank of Cambodia (NBC) announced on Friday that local banks and microfinance institutions (MFIs) can now issue corporate bonds or list equity securities on the nascent Cambodian stock market, a move industry insiders claim will help financial institutions raise capital and be less ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-gives-banks-mfis-greenlight-issue-bonds
Survey to guide minimum wage talks
The Ministry of Labour has announced plans of a month-long research campaign into the living standards of garment and footwear factory workers prior to setting a minimum wage in 2018. ...
Sen David
http://www.khmertimeskh.com/news/40136/survey-to-guide-minimum-wage-talks/
Inflation Rate at 4.2% to October
Cambodia’s inflation rate increased by 4.2 percent in the 12-month period to October, with food prices accounting for more than half of the rate, according to data released Monday by the National Institute of Statistics. The monthly inflation rate grew from 3.4 percent in August to ...
Hul Reaksmey
http://www.cambodiadaily.com/business/inflation-rate-at-4-2-to-october-48977/