Trading on Cambodia’s stock exchange has begun for the first time after a state-run company completed its initial public offering. Some 13 million shares of the state-run Phnom Penh Water Supply Authority were offered at 6,300 riel ($1.57) per share. The stock exchange was officially launched in ...

Freshly pardoned CNRP deputy leader Kem Sokha yesterday claimed the pardon that exonerated him on Friday was made without any conditions or concessions from the opposition party. The acting president of the opposition, who had been under de facto house arrest since May and had been ...

Beneath a tree in Phnom Penh’s remote Prey Speu Social Affairs Centre – a de facto prison used to indefinitely incarcerate some of the capital’s most vulnerable citizens – a woman yesterday chanted loudly before bursting into tears and then laughter. Like many others at the ...

It will not be enough for Apple to simply offer a cheaper iPhone for the company to gain share in the competitive Cambodian smartphone market, according to industry insiders. They say Apple’s operating system, iOS, may also restrict their potential growth. Bloomberg last week reported that Apple ...

Despite receiving applications from banks looking to enter Cambodia’s market, the central bank has said it will offer no more commercial banking licenses as the market already has enough players. The Decision appears to follow advice offered by the International Monetary Fund earlier this year that ...

Fifty families who have lived in squalid conditions at Borei Keila in the capital’s Prampi Makara district since they were evicted and their homes destroyed have accepted City Hall’s offer of temporary shelter at the site, their representatives said yesterday. Evictee Sar Son said the 50 ...

Generally, funds can be obtained from banks and other financial institutions, fund management companies, family members, friends or a securities market by issuing equity and/or debt securities. This article will outline the requirements, mechanisms, procedures and approval for the public offering of equity securities. ...

The governor of Phnom Penh’s Chroy Changva district Wednesday ordered the private firm heading a $3-billion real estate project on the peninsula to temporarily stop pumping sand onto land being contested by about 40 local families, but urged the families to reconsider the compensation on ...

A senior official of the Cambodian government on Saturday welcomed Chinese Premier Li Keqiang’s pledge of 3.09 billion U.S. dollars aid to the Greater Mekong Subregion (GMS) member countries, saying the offer is essential for socio-economic development and poverty reduction. The offer includes 1 billion ...

Experts say the government has not yet done enough to promote the studies of science at the university level, leaving Cambodia behind on technology and other science subjects. Louise Ahrens, a project coordinator at Maryknoll, a US-based organization that provides education counseling at the Royal University ...

In an internal report released this week, the Ministry of Education gave itself high marks for the access to education it offers disabled children, offering a rundown of successes in the field dotted with green checkmarks, not unlike a school report card. However, though the ministry ...

Nine floors of the 32-storey BKK1 condominium project, Platinum Bay, are now completed and construction is slated to be completed by mid-2017. Platinum Bay is located on Street 282, not far from the soon-to-be-completed De Castle Royal, a part of town that property insiDers see as ...

Representatives from the Cambodian government, the German development bank KfW, Agence Francaise de developpement (AFD) and the European Union (EU) have signed agreements for the financing of the RID4CAM (Rural Infrastructure development for Cambodia) project, which aims to develop rural infrastructure in the central plain ...

With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...

Despite an economic forecast of 6.5 percent growth for Cambodia this year, the International Monetary Fund (IMF) warned in a report released Monday that the government must continue to Develop infrastructure, increase public revenues and practice fiscal safeguarding in orDer to sustain growth in the ...

Royal Media Entertainment Co. Ltd., a joint venture between local conglomerate Royal Group and Russian General Satellite Co., announced yesterday that it has launched the country’s first digital pay-television service, ONE TV. Offering promotional subscription rates between $3 and $12 a month, services will begin in Phnom ...

Cambodia Life Insurance Company Plc plans to bundle services with banks to offer guarantees on mortgages, company representatives said. The service is hoped to make mortgages more accessible in a country where housing loans are still considered risky business. Collateral is usually required to take loans ...

Cambodian stockbrokers yesterday admitted to a disappointing level of investor interest in Grand Twins International’s (GTI) initial public offering. Garment industry unrest, distrust in the private sector and a lack of liquidity in the market were all said to be discouraging investors from buying into the ...

Passengers using the Grab ride-hailing app are offered the option to travel carbon neutral, said a press release of Wildlife Conservation Society (WCS) issued this afternoon, adding that a voluntary contribution allows passengers’ rides to be offset via carbon credits from the Keo Seima Wildlife ...