Bets keep flowing as NagaWorld Employee Protest Continues
Gambling went on as usual at NagaWorld, Phnom Penh’s only licensed hotel-casino, Monday, despite an ongoing strike by employees who claim that more than 400 of them have been fired following weeks of protest. About 300 workers sat outside the casino with banners on Monday in ...
Hul Reaksmey and Simon Lewis
http://www.cambodiadaily.com/news/bets-keep-flowing-as-nagaworld-employee-protest-continues-31881/
Trading Floor Silent Two Years After CSX Launch
It is almost two years to the day since Cambodia’s stock market launched in Phnom Penh in front of proud government officials, senior financiers and eager investors from across the region. Initial expectations were that a total of three state-owned firms would be listed within six ...
Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/business/trading-floor-silent-two-years-after-csx-launch-35211/
Cambodia’s bourse sees record low volume
In the frenzied run-up to the national election Sunday, Phnom Penh has been the site of concerts, rallies and streets packed with campaigners. But the energy hasn’t spread to the halls of the Cambodia Securities Exchange. At the close of trading Tuesday, five business days had ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-bourse-sees-record-low-volume
Small growth for Phnom Penh's water utility
Phnom Penh Water Supply Authority saw 8.2 per cent revenue growth during the first quarter of the year, a welcomed disclosure after the retirement of the state-owned firm’s general director was announced last week. The firm took in US$7,725,500 between January and March, up from $7,140,473 ...
http://www.phnompenhpost.com/index.php/2012070357153/Business/small-growth-for-ppwsa.html
Siem Reap Market Fire Kills 8
Eight people, four of them children, were killed when fire ripped through Siem Reap City’s popular night market in the early hours of Saturday morning, officials and witnesses said. The fire, which stared at about 2 a.m., left the market completely gutted and damage estimated at ...
http://www.cambodiadaily.com/news/siem-reap-market-fire-kills-8-6531/
Investment options for Cambodian telcos
With Myanmar’s telecom industry showing signs of gradually opening, operators in Cambodia’s overcrowded telecom market see opportunities for potential investment. But in stride with the market’s latent potential come challenges, industry experts say, and lessons learned locally need to be applied overseas. “Myanmar remains one of the ...
http://www.phnompenhpost.com/2013022061463/Business/investment-options-for-cambodian-telcos.html
Focusing on a good user experience
Companies and individuals need to do more than just create technology. They need to optimise the services and goods they provide, especially when introducing new concepts to developing markets such as Cambodia. That was the message from one presenter at last weekend’s T3CON12-ASIA conference in Phnom ...
Rising world demand for Cambodian organic rice
Several ASEAN countries, including Cambodia, have witnessed a growing demand for organic rice that local producers cannot satisfy, according to Winfried Scheewe, adviser to the Cambodian Organic Agriculture Association (COrAA). Scheewe says demand for organic rice is on the rise, especially in the Philippines, Malaysia and Singapore, but also ...
http://www.phnompenhpost.com/index.php/Special-Reports/cambodian-organic-rice-on-demand.html
Ban on Thesis Topics Needed, Scholars Say
Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...
Financial Institute of Cambodia prepares people for a career in the stock exchange
The executive director at the Financial Institute of Cambodia (FIC) says 726 students have completed courses so far at FIC since it opened in early 2011. Tith Seyla, who earned his bachelor’s degree from the Royal University of Law and Economics followed by a master’s ...
Templeton Cautions Investors Riding Myanmar, Cambodia Growth
Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, Southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water Supply Authority will have its initial public offering this month, making it the first to ...
Bourse urges small firms to consider listing
In September, the Cambodia Securities Exchange (CSX) announced a new initiative to improve access to financing for cash-strapped small and medium-sized enterprises (SMEs). ...
Tej Parikh
https://www.cambodiadaily.com/news/bourse-urges-small-firms-to-consider-listing-108559/
Sihanoukville port sees steady growth
Revenue at Sihanoukville Autonomous Port increased 13.6 per cent year on year between January and June, port officials confirmed yesterday. As the state-owned enterprise gears up for listing on the Cambodia Securities Exchange, the neighbouring Sihanoukville Special Economic Zone will play an increasingly important role in ...
http://www.phnompenhpost.com/index.php/2012070357157/Business/sihanoukville-port-growth.html
Gamble on casino in Pailin looks like a loser
Crippling revenue and poor gamer numbers have prompted Entertainment Gaming Asia (EGA) to consider walking away from its Dreamworld Casino in Pailin province, according to a filing on the NASDAQ exchange on January 21. EGA, owned by Melco International Development, runs Dreamworld Casinos in Pailin and ...
Eddie Morton
http://www.phnompenhpost.com/business/gamble-casino-pailin-looks-loser
Cambodian, Thai stock market regulators ink cooperation deal
Cambodian and Thai securities market regulatory authorities on Wednesday signed a Memorandum of Understanding (MoU) on consultative cooperation and information exchange in stock markets. The deal was inked between Ming Bankosal, director general of the Securities and Exchange Commission of Cambodia (SECC), and Vorapol Socatiyanurak, secretary ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-04/02/c_133233007.htm
Garment IPO to pay for factory
Taiwanese garment factory Grand Twins International (GTI) has carefully laid out a schedule so it can go public on Cambodia’s stock exchange after the dust settles from unrest tied to minimum wage disputes, according to the company’s chief financial controller, Henry Chen. GTI received approval from ...
Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/garment-ipo-pay-factory
Thai capital market should cater to Cambodia, Laos, Myanmar
Thailand’s capital market should aim to be a funding base for Cambodia, Laos and Myanmar to gain the full benefit from high growth in the Greater Mekong Subregion and a more integrated region through the Asean Economic Community (AEC), panellists at a Euromoney Conferences forum ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MTc2MDk3YzQ2ZTI
Failing to sew up support
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 ...
Eddie Morton
http://www.phnompenhpost.com/business/failing-sew-support
Momentum building for GTI
The next stage of Grand Twins International’s (GTI) listing on the Cambodia Stock Exchange – public subscriptions – has had a positive response, according to the head of one of the country’s brokerage firms. Svay Hay, CEO of Acleda Securities, a registered broker for GTI, said ...
Eddie Morton
http://www.phnompenhpost.com/business/momentum-building-gti
Job security low as unemployment drops
The International Labour Organisation (ILO) released the latest data from its EU-funded project Monitoring and Assessing Progress of Decent Work this week, showing that despite an improving environment, including low rates of official unemployment , 75 per cent of workers are in vulnerable jobs. This includes the self-employed or ‘own ...