Japan provides grant for demining
CMAC director-general Heng Ratana told The Post on Sunday that Japan has offered $3,536,680 for mine clearance throughout the Kingdom and another $300,000 for CMAC operations in Battambang province, which also involves supporting mine victims for 12 months starting from January 1 to December 31. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/japan-provides-grant-demining
PPSEZ sets timeline for delayed IPO launch
After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced yesterday that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on April 18 and hold a public roadshow ...
Kali Kotoski
http://www.phnompenhpost.com/business/ppsez-sets-timeline-delayed-ipo-launch
Share price set for port’s $5.2M IPO
Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/share-price-set-ports-52m-ipo
Residents plead for resolution
Chroy Changvar district residents affected by the Overseas Cambodia Investment Corporation’s (OCIC) satellite city project have again appealed to authorities to help them solve their land dispute, especially ahead of the upcoming commune elections, instead of the Phnom Penh city hall’s below market value compensation ...
Mom Kunthear
http://www.khmertimeskh.com/news/34306/residents-plead-for-resolution/
Dhipaya Insurance set to open here next year
Thailand’s second-largest insurer is looking to enter the Cambodian market by next year, local Thai media reported yesterday. Dhipaya Insurance announced it has applied for a licence to operate in the Kingdom and is the latest international insurance company planning to offer services in Cambodia’s ...
Post Staff
http://www.phnompenhpost.com/business/dhipaya-insurance-set-open-here-next-year
Cambodia set to take second go at rice bid
Despite failing in its latest attempt to win the Philippine government’s bid to import rice, Cambodia will once again throw its hat into the ring when the offer is reissued, industry representatives said yesterday. ...
Chan Muyhong
http://phnompenhpost.com/business/cambodia-set-take-second-go-rice-bid
Newlyweds targeted with ‘wedding loans’
Phnom Penh Commercial Bank will offer “wedding loans” to newlyweds, a product based on a similar borrowing practice is South Korea. The majority-owned South Korean bank will set aside more than US$1 million for start-up families that don’t want their parents shelling out savings for new ...
http://www.phnompenhpost.com/index.php/2012071157335/Business/newlyweds-wedding-loans.html
Kompong Thom police arrest 7 in illegal checkpoint racket
Police in Kompong Thom province Wednesday arrested seven people allegedly involved in an illegal checkpoint racket, while an eighth escaped with handcuffs on and is at large. Shortly before 7 a.m., a joint task force of police and military police descended on an illegal checkpoint staffed ...
Ben Sokhean
http://www.cambodiadaily.com/news/kompong-thom-police-arrest-7-in-illegal-checkpoint-racket-60508/
Two arrested for attempting to traffic a woman to China
Anti-human trafficking police on Monday arrested two men at the Phnom Penh International Airport as they attempted to traffic a woman to China to marry a man there, police said Tuesday. Chinese national Xu Xiandai, 30, and Cambodian Heng Seng, 53, were arrested at 7 a.m. ...
Hay Pisey
https://www.cambodiadaily.com/news/two-arrested-for-attempting-to-traffic-a-woman-to-china-74340/
Bridging the gap between investment and accessibility in Chroy Changvar
Develop in the West, but do not forget the beautiful East that is Chroy Changvar with its beautifully boastful appearance. This is the claim that Prime Minister Hun Sen has used for the last decade to encourage investment and development on the dormant peninsula flanked ...
Did Clinton Draw Parallel With China in Discussing US Aid?
Outlining America’s position on territorial disputes between Asean members and China over the South China Sea, U.S. Secretary of State Hillary Clinton on Thursday also expressed views on a matter a little closer to home: the benefits Cambodia gains from U.S. development assistance. Speaking to reporters ...
Hun Sen to visit China next week
Prime Minister Hun Sen will lead Cambodian delegation to attend the 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CIAC) in China next week, according to Ministry of Foreign Affairs and International Cooperation. The delegation companying Hun Sen will ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ODExYWI3MDRkMWN
Kol: Political will needed to fight ‘graft’ in the Kingdom
Before former Transparency International Cambodia (TI Cambodia) executive director Preap Kol stepped down earlier this month, he delivered a 17-minute speech sharing his views on the fight against corruption in the Kingdom. ...
Niem Chheng
https://www.phnompenhpost.com/national/kol-political-will-needed-fight-graft-kingdom
Airport ‘not China landing base’
Prime Minister Hun Sen has warned critics to refrain from viewing the new airport in Siem Reap province as part of China’s strategic capacity strengthening, as he reiterated Cambodia’s constitutional clause that prohibits the presence of foreign military on the Kingdom’s territory. ...
Ry Sochan
https://www.phnompenhpost.com/national/airport-not-china-landing-base
Thai fugitive linked to casino fire received Cambodian citizenship, shares business ties with Tycoon Ly Yong Phat
Fugitive Thai politician Vatana Asavahame, linked to management of the Poipet casino devastated by a deadly fire last week, received Cambodian citizenship in a 2008 royal decree, according to documents viewed by CamboJA. ...
Jack Brook and Sovann Sreypich
https://cambojanews.com/thai-fugitive-linked-to-casino-fire-received-cambodian-citizenship-shares-business-ties-with-tycoon-ly-yong-phat/
Gov’t peruses documents for receiving Japanese aid
The Ministry of Foreign Affairs and International Cooperation (MFAIC) held talks with a delegation from the Embassy of Japan (EoJ) aimed at exchanging views and methods to accelerate banking document procedures in receiving Japanese grant aid for development projects in the Kingdom. ...
Nhean Chamrong
https://www.khmertimeskh.com/501442506/govt-peruses-documents-for-receiving-japanese-aid/
CNRP Wants Presidency of Assembly Before Taking Seats
With the ruling CPP having voted in its National Assembly leadership and government ministers on Tuesday, officials from the CNRP said opposition lawmakers would not take their seats in parliament unless the party is guaranteed control over the National Assembly. “I think that the two-day meeting ...
Colin Meyn
http://www.cambodiadaily.com/elections/cnrp-wants-presidency-of-assembly-before-taking-seats-43141/
Agreement Inked on Trade Loans in Cambodia
The US Export-Import Bank (EXIM) and the Cambodia Chamber of Commerce signed an agreement on Monday that will guarantee loans offered for the purchase of US goods and services. The memorandum of understanding was signed as part of the US-Asean Trade and Investment Framework Arrangement, ...
The arrival of the stock market and its implications
It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...