New organic markets open in Siem Reap and Kampong Thom
Under its Boosting Food Projection programme, the government has now successfully opened eight markets for chemical-free vegetables in eight provinces across the country. ...
Sok Chan
https://www.khmertimeskh.com/50517256/new-organic-markets-open-in-siem-reap-and-kampong-thom/
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 ...
Fish prices soar in Stung Treng
Prices for the highly-prized fish known as pa sa-see (Mekongina erythrospila) have more than doubled to $50 a kilogram, sources said. ...
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