Firm calls fraud case a ‘misunderstanding’
The director of the Phnom Penh Municipal Court last week formally accused a property developer of attempting to defraud him of more than $200,000 he paid for a villa in Tuol Kok district when his name was not transferred to the land title, the businessman’s ...
Hay Pisey
http://www.cambodiadaily.com/news/firm-calls-fraud-case-a-misunderstanding-67656/
Sihanoukville gets ready for listing
The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before it is listed on the Cambodia Securities Exchange late next month. ...
Chea Vannak
http://www.khmertimeskh.com/news/37759/sihanoukville-gets-ready-for-listing/
DBD becomes Growth Board’s first listing
DBD Engineering Plc, a local multi-purpose engineering and construction firm, went public via initial public offering (IPO) on the Cambodia Securities Exchange’s (CSX) Growth Board on September 6. ...
Thou Vireak
https://www.phnompenhpost.com/business/dbd-becomes-growth-boards-first-listing
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
Acleda to be listed on CSX
Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-be-listed-csx
Feature: More Cambodian students seek degree in Chinese language
More and more Cambodian students have sought degree in Chinese literature as Cambodian- Chinese ties in economics, trade, investment, and tourism have been expanding rapidly in recent years. AEU is the only university in Cambodia providing Chinese language programs at degree levels since 2012 under ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140624/feature-more-cambodian-students-seek-degree-chinese-language
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
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
More angels coming in search of worthy investments
Two months since a group of angel investors visited Phnom Penh in search of startup investment opportunities, the organisation behind the initiative is planning an even bigger scouting mission, looking for investment opportunities in the Kingdom’s small but vibrant startup community. ...
Kali Kotoski
http://www.phnompenhpost.com/business/more-angels-coming-search-worthy-investments
Sotheby’s Gets Stay on Khmer Statue Confiscation
The future of a 1,000-year-old Khmer statue—which Sotheby’s auction house in New York was ordered by the US government on Wednesday to hand back to Cambodia—is now in the hands of the US courts. The statue of the guardian Duryodhana is believed to have come from ...
Degrees of change in the air
Public and private universities are experiencing an exponential rise in the number of students opting for two-year associate degrees rather than four-year bachelor’s programs following last year’s disastrous high school exit examinations, education officials said yesterday. ...
Sarah Taguiam
http://www.phnompenhpost.com/national/degrees-change-air
Gov’t grants funding for special olympic team
The Cambodian government has granted $20,000 to the national Special Olympics team, for travel and competition at this year’s games in Los Angeles later this month. ...
Socheata Hean
http://www.voacambodia.com/content/govt-grants-funding-for-special-olympic-team/2865153.html
PPSEZ’s rethink after sharp profit fall
Phnom Penh Special Economic Zone (PPSEZ) ‒ a listed company on the Cambodia Securities Exchange (CSX) ‒ reveled on Friday that by 2020, 50 percent of the company’s revenue would be generated by sales of services. This new target was made after PPSEZ informed the ...
Chea Vannak
http://www.khmertimeskh.com/news/29024/ppsez---s-rethink-after-sharp-profit-fall/
Minister’s appeal to listed companies
The opening of the Cambodia Securities Exchange (CSX) was marked by a speech from Minister of Finance Keat Chhon, who urged three state-owned companies to speed up their initial public offerings. No companies, state-owned or otherwise are currently trading on the new market. Telecom Cambodia, ...
http://www.phnompenhpost.com/index.php/Business/lets-get-the-ball-rolling.html
In Cambodia, culture shapes identity, spurs economic growth
Last year, the United Nations called for culture to be given top priority in the post-2015 global development agenda, citing its importance to economic growth, social inclusion, equality, and sustainable development. It is difficult to quantify the impact culture has on a nation, particularly for a developing ...
Julia Chen
http://asiafoundation.org/in-asia/2014/02/12/in-cambodia-culture-shapes-identity-spurs-economic-growth/
Factory worker wages to be re-examined
Amid threats of another mass strike in the thriving garment sector, the Ministry of Social Affairs has called a meeting with the industry’s leading players to discuss union demands for a $150-per-month minimum wage, a letter obtained yesterday reveals. At the behest of Prime Minister Hun ...
http://www.phnompenhpost.com/2013010260589/National/factory-worker-wages-to-be-re-examined.html
Homing in on the IPO price
From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...
http://www.etmcambodia.com/search.php?s=The+Week+at+the+CSX&submit=Search
Hun Sen orders Education Minister to stop signing university diplomas
Prime Minister Hun Sen on Monday publicly announced that Education Minster will no longer sign the university diplomas which shall be signed at the university level. He said the reason to let the rectors sign the diplomas, is to promote the quality of education in ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NmQzNzVkZDIxYTN