SEZs hold key to economic corridor growth
Industrial parks that offer special privileges to companies that operate inside them play a dominant role in attracting investment in the region, but countries must focus more on building up their infrastructure and human resources to take advantage of increased connectivity, development experts said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/sezs-hold-key-economic-corridor-growth
Indonesia, Cambodia discuss defence cooperation
Indonesia is willing to offer Cambodia’s navy ships at a discount and would like the Kingdom to be involved in joint patrols in the region, Indonesia’s Defence Minister Ryamizard Ryacudu yesterday told the Post, amid his meetings with government leaders. ...
Shaun Turton and Vong Sokheng
http://www.phnompenhpost.com/national/indonesia-cambodia-discuss-defence-cooperation
In Sweden, Cambodian woman wins world’s children’s prize
Cambodia’s Noun Phymean has won this year’s World’s Children’s Prize, chosen by children from around the globe, and the accompanying $50,000 award for her work offering free schooling and vocational training to some of Phnom Penh’s poorest young people. ...
Zsombor Peter and Sek Odom
https://www.cambodiadaily.com/news/in-sweden-cambodian-woman-wins-worlds-childrens-prize-97347/
T-Shop eyeing growth with plan for IPO
T-shop Cambodia, a Phnom-Penh based electronics distributor, is planning an aggressive push into the provinces through company-owned and franchise outlets, and will look to raise capital for expansion by offering shares on the local stock exchange, the company’s CEO said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/t-shop-eyeing-growth-plan-ipo
Industry leaders voice concern over sky-high cost of electricity
Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...
Kali Kotoski
http://www.phnompenhpost.com/business/industry-leaders-voice-concern-over-sky-high-cost-electricity
City hall sets two-week ultimatum for Borei Keila residents to leave
Phnom Penh City Hall has set a two-week deadline for residents of the Borei Keila community to accept compensation offers and move out of the area. The authorities said they would take residents to court if they refused to move by the deadline. ...
Hul Reaksmey
https://www.voacambodia.com/a/city-hall-sets-two-week-ultimatum-for-borei-keila-residents-to-leave/4162381.html
Sixth refugee arrives from Nauru under controversial deal
Cambodian authorities say the latest refugee to take up the country’s resettlement offer under a controversial deal with Australia arrived in Phnom Penh on Sunday, only the sixth to do so since the deal was struck in September 2014. ...
Aun Pheap
https://www.cambodiadaily.com/news/sixth-refugee-arrives-nauru-controversial-deal-120305/
Government letters rekindle concern over controversial law on NGOs
A series of letters issued by the Ministry of Interior on Tuesday night – one chastising two election monitors, and another offering a blanket warning to NGOs – have again raised the spectre of the Kingdom’s controversial and widely criticised Law on Associations and NGOs ...
Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/government-letters-rekindle-concern-over-controversial-law-ngos
CPP ties to controversial election monitor deepen
Against a backdrop of government criticism of local election watchdogs, Deputy Prime Minister Hor Namhong has been elected vice president of the standing committee of the election monitor ICAPP, which has frequently been criticised for indiscriminately offering its stamp of approval to otherwise controversial elections. ...
Andrew Nachemson
http://www.phnompenhpost.com/national/cpp-ties-controversial-election-monitor-deepen
China donates to encourage Chinese language education at Cambodian schools
The Chinese government on Thursday donated 203,000 U.S.dollars to the Chinese Association in Cambodia to support schools offering Chinese language courses in Cambodia. Chinese Ambassador to Cambodia Bu Jianguo handed over the money to Duong Chhiv, the president of the Chinese Association in Cambodia. ...
Kong Defang and Liang Jun
http://english.peopledaily.com.cn/90777/8601478.html
CIMB the latest to add local insurer
CIMB Bank, Malaysia’s second-largest, has entered the insurance market via a partnership agreement signed yesterday with Cambodia Life Insurance Company (CLIC). In Meatra, director general of CLIC, said that under the partnership, CIMB had received full access to offer their insurance products to customers. ...
May Kunmakara
http://www.phnompenhpost.com/business/cimb-latest-add-local-insurer
51% stake for private sector in SPV for four countries including Cambodia, Myanmar
The government plans to rope in private firms for Prime Minister Narendra Modi’s big diplomatic push to ‘Act East Policy’, with its proposed special purpose vehicle for investment in Cambodia, Myanmar, Laos and Vietnam set to offer up to 51 per cent stake to the ...
Deepshikha Sikarwar
http://bit.ly/1C6Hhpf
Over 100 protest in support of families cut out of rail deal
More than 100 people protested Thursday outside Poipet City Hall in support of 50 families in Phsar Kandal commune who were passed over when the government offered compensation to residents who ceded land for a railway project that displaced some 4,000 families across the country. ...
Aun Pheap
https://www.cambodiadaily.com/news/over-100-protest-in-support-of-families-cut-out-of-rail-deal-85462/
Ministries to push vocational training, starting in Svay Rieng
Starting next month, the ministries of education and labor will offer job counseling to students in Svay Rieng province as the first step in an effort to better match employment opportunities in the country with the skills of youth entering the workforce, the education minister ...
Maria Paula Brito and Mech Dara
https://www.cambodiadaily.com/news/ministries-to-push-vocational-training-starting-in-svay-rieng-85638/
Sok Bun begs for mercy
Property tycoon Sok Bun, wanted for the vicious attack of a former TV star, publicly pleaded for his freedom yesterday, pledging to relinquish his “oknha” title and offering his victim $100,000 in compensation, even as Interior Minister Sar Kheng called for his arrest. ...
Chhay Channyda and Charles Parkinson
http://www.phnompenhpost.com/national/sok-bun-begs-mercy
Investment projects worth $1.716 billion registered in January-November
Cambodia has a new investment law that offers incentives to foreign investors to inject direct investment into the country. ...
Chea Vanyuth
https://www.khmertimeskh.com/501004396/investment-projects-worth-1-716-billion-registered-in-january-november/
Chinese investment in Cambodia to diversify into SME finance
Chinese foreign direct investment (Fdi) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...
Sangeetha Amarthalingam
https://www.khmertimeskh.com/50555620/chinese-investment-in-cambodia-to-diversify-into-sme-finance/
Highland project launches land sales
The Highland De’ Canal project on the northern outskirts of the capital has launched its land sales on its 100 hectare side, with the first phase of sales offering 36 hectares at $80 to $90 per square meter, Khing Vannak, a major shareholder in the ...
Sum Manet
http://www.khmertimeskh.com/news/21603/highland-project-launches-land-sales/
Governor promises solution for remaining Borei Keila families
A working group within Phnom Penh City Hall is continuing its effort to help get compensation to Borei Keila families who have yet to accept the government’s offer, according to a Facebook post from Governor Pa Socheatevong, who led a discussion with community members on ...
PPAP seeks to generate $6.4M in IPO
The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/ppap-seeks-generate-64m-ipo