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Royal buys out one TV to focus on distribution

Cambodian conglomerate Royal Group has acquired the remaining shareholding of One TV from Russian-owned General Satellite Group in a move to boost the distribution of Cambodia’s niche pay for digital terrestrial television (DTT) market. ...

Kali Kotoski
http://www.phnompenhpost.com/business/royal-buys-out-one-tv-focus-distribution

Equity fund takes stake in iCare

A Singapore-based private equity fund manager has acquired a significant minority stake in iCare Benefits (Cambodia) Co Ltd, an employee benefits programme offered to enterprises that operate in the Kingdom. ...

Kali Kotoski
http://www.phnompenhpost.com/business/equity-fund-takes-stake-icare

Can Cambodia stay competitive with so many public holidays?

Cambodia likely became the country with the largest number of public holidays in the world on Tuesday, raising questions about the ability of Cambodia to stay economically competitive with so many mandatory leave days. ...

Brendan O’Byrne and Hor Kimsay
http://www.phnompenhpost.com/business/can-cambodia-stay-competitive-so-many-public-holidays

Rocket Internet blames poor tax compliance for pullout

Rocket Internet, the successful German-based internet copycat, says that despite its interest in Cambodia’s e-commerce market, tax issues in the Kingdom had forced it to “reposition” its projects. In July, the company launched an online retail site, saying it planned to invest millions in the country’s ...

Kiwi Umbrella Company Conquers Global Market

New Zealand’s most wind-resistant outdoor umbrella range has taken the global market by storm with exports to 35 countries Shade7 is a Kiwi export success story and is run by businessmen and philanthropists David Jesze and Michael Pearce. Jesze and his wife currently live in Cambodia, where ...

http://www.scoop.co.nz/stories/BU1210/S00309/kiwi-umbrella-company-conquers-global-market.htm

Chinatown location still unknown

Historic O’Russey Market will not be the location of a planned Chinatown development, according to Cambodia’s Tourism Minister. Tourism Minister Thong Khon said the government was looking for another site for the tourism-focused development and that O’Russey Market was not under consideration, as had recently been ...

Post Staff
http://www.phnompenhpost.com/real-estate/chinatown-location-still-unknown

Food fight: Vendors and security feud over parking

Security guards from Derm Kor market in Phnom Penh’s Tuol Kork district destroyed produce from nearly 100 vegetable vendors yesterday morning after ordering sellers to vacate the premises for parking. ...

Sen David
http://www.phnompenhpost.com/national/food-fight-vendors-and-security-feud-over-parking

MoT, WWF team up to promote green tourism

The Ministry of Tourism (MoT) and the World Wide Fund for Nature (WWF) teamed up to promote ‘green tourism’ in the Kingdom by prioritising the conservation of natural resources while promoting the use of renewable energy aimed at turning the country into a world-class tourism ...

Nhean Chamrong
https://www.khmertimeskh.com/501445996/mot-wwf-team-up-to-promote-green-tourism/

PPSC sells 14m shares in private placement

Phnom Penh Special Economic Zone (PPSP) recently issued more than 14 million shares, bringing its total number of shares to nearly 71.9 million, according to an announcement made by the company during a press conference Friday. ...

Chea Vannak
https://www.khmertimeskh.com/50543396/ppsc-sells-14m-shares-in-private-placement/

Securities transaction fees reduced

Cambodia’s security regulator has slashed transaction fees on securities by half in its latest bid to stimulate interest in the Kingdom’s lacklustre stock exchange. ...

Sor Chandara
http://www.phnompenhpost.com/business/securities-transaction-fees-reduced

Economic zone gets CSX boost

Thailand-based JWD Infologistics Plc’s recent purchase of a 5.2 percent stake in the Phnom Penh Special Economic Zone Plc (PPSEZ), is expected to give a boost to the local company’s traded share value on the Cambodia Securities Exchange (CSX). ...

Sum Manet
http://www.khmertimeskh.com/news/26106/economic-zone-gets-csx-boost/

Port’s IPO just months away

Cambodia’s second-largest port, Phnom Penh Autonomous Port, says it plans to have its initial public offering before the end of the year.The Post’s Sorn Sarath sat down with the port’s chairman and CEO, Hei Bavy, this week to talk about the progress of the IPO ...

Post Staff
http://www.phnompenhpost.com/business/ports-ipo-just-months-away

Companies making gains in trademark protection

The Commerce Ministry has received more than 5,000 applications from companies to register their trademark in the first three months of this year – the same as for all of last year – a senior ministry official said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/23231/companies-making-gains-in-trademark-protection/

Sihanoukville beach vendors asked to vacate shore

Vendors located along two of Sihanoukville’s most prominent beaches – Otres and Ochheuteal – have until March 13 to relocate, city governor Y Sokleng said yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/sihanoukville-beach-vendors-asked-vacate-shore

Regulators keeping a close eye on derivatives market

Cambodia’s capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight. ...

Kali Kotoski
http://www.phnompenhpost.com/business/regulators-keeping-close-eye-derivatives-market

PPSEZ sweetens its IPO plan

The book-build and upcoming listing of the capital’s port operator has taken some of the wind out of the sails of the IPO plans Phnom Penh Special Economic Zone (PPSEZ), but the industrial park operator has charted a new course and sweetened its dividend policy ...

Cam McGrath
http://www.phnompenhpost.com/business/ppsez-sweetens-its-ipo-plan

PPSEZ plans bookbuild for scaled-back IPO

Phnom Penh Special Economic Zone (PPSEZ), the private firm that operates Cambodia’s most developed industrial park, will hold a bookbuild for investors later this month for an initial public offering it hopes will raise up to $11.6 million for expansion and debt repayment, according to ...

Cam McGrath
http://www.phnompenhpost.com/business/ppsez-plans-bookbuild-scaled-back-ipo

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

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