More predictions for CSX start date
The Cambodia Securities Exchange may launch as soon as March or April, according to an official at the Korea Exchange, the Kingdom’s partner in launching its stock market. Final preparations for the CSX’s initial public offerings should be complete at that time, Pat Gil-soo, senior vice-president ...
Bank of Tokyo opens Phnom Penh office
Japan’s second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a representative office in Phnom Penh on Friday. The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, ...
Chinese carrier launches direct flight to Sihanoukville
Lucky Air has launched direct flights from Kunming to Sihanoukville, becoming the first Chinese carrier to offer year-round regular scheduled service to the coastal Cambodian city, an airline executive said yesterday.Kunming-based Lucky Air, part of Hainan Airlines Group, has a fleet of 25 aircraft. It ...
Cam McGrath
http://www.phnompenhpost.com/business/chinese-carrier-launches-direct-flight-sihanoukville
Special Economic Zones ‘key to future’
Special Economic Zones (SEZs) have brought almost 70,000 new jobs to the country, according to an Asian Development Bank report released last week. With tax exemptions on production materials, lower profit tax, and renewable leases, the SEZs have drawn foreign-owned factories manufacturing everything from bicycles ...
Jonathan Cox
http://www.khmertimeskh.com/news/16920/special-economic-zones----key-to-future---/
Thousands of election body workers missing weeks of wages
Tens of thousands of workers contracted by the government to prepare Cambodia for the June 4 commune elections, many of whom are still waiting to be paid for work in February, will have to wait for their March and April salaries until after Khmer New ...
Phan Soumy
https://www.cambodiadaily.com/news/thousands-of-election-body-workers-missing-weeks-of-wages-127966/
Japan provides $439,261 for organic cashew farming
The Japanese government has today provided $439,261 to a Ja-based NGO to carry out a project offering support to small holders through contract farming of organic cashew nuts through Agriculture Cooperatives. ...
Taing Vida
https://www.khmertimeskh.com/50665758/japan-provides-439261-for-organic-cashew-farming/
Dell announces two new services for IT firm's enterprise clients
Dell Corporation (Thailand) has announced two new services to support enterprise customers and expects them to be key for potential business in the near future Dell services now come with global support and deployment, providing onsite service, customisation and outsourcing. Its infrastructure and cloud unit offers ...
S'ville Port Likely to Miss Bourse Registration Date
An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...
Largest MFI Prasac gets loan boost for coffers
Cambodia’s largest microfinance institution, (MFI) Prasac, has received a $60.5 million loan to strengthen its capacity in offering broader financial services in the country. On Friday, Prasac signed the agreement for the syndicate loan – provided by more than one lender – with the Netherlands Development ...
Grand Twins’ share price continues to drop
The share price of Grand Twins International, a manufacturer for U.S. athletic apparel brands, on Tuesday sank for the fourth straight day since it was listed on the bourse last week, signaling that its initial listing price was too high, industry analysts said. “The pricing of ...
Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/grand-twins-share-price-continues-to-drop-62374/
Four Nauru refugees who agreed to go to Cambodia wait to fly out
Three refugees who have agreed to travel to Cambodia are being housed in the Nauru detention centre before they are scheduled to fly out. There are currently just four refugees who have agreed to take up the Australian government’s resettlement offer in Cambodia, despite a large ...
Paul Farrell
http://bit.ly/1GmWWQy
Hungary trade, tourism ties to get boost
Cambodia and Hungary have agreed to further boost economic and tourism ties, while the private sector offers a rosy view of the EU country as a hub for expanding exports to Europe. ...
Thou Vireak
https://www.phnompenhpost.com/business/hungary-trade-tourism-ties-get-boost
CSX webcast targets small, medium firms
Fresh off the largest initial public offering in its history, the Cambodia Securities Exchange (CSX) is courting small and medium enterprises (SMEs) to list on its main board. ...
Husain Haider
https://www.khmertimeskh.com/50807111/csx-webcast-targets-small-medium-firms/
Photo tourism turns profits
Nathan Horton’s business model is straightforward. A professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on ...
Laura Ma
http://www.phnompenhpost.com/business/photo-tourism-turns-profits
Micro-insurance access urged
Cambodia’s finance sector should increase insurance accessibility to its smallest lenders to help protect against indebtedness at times of disaster, an industry expert said at a conference in Phnom Penh yesterday. Speaking at the Hotel Cambodiana to an audience of industry representatives on rural entrepreneurship, Jaime ...
Hor Kimsay and Daniel de Carteret
http://www.phnompenhpost.com/business/micro-insurance-access-urged
Air Asia expands services, flights
Malaysia-based Air Asia will begin offering travel services in Cambodia, and may expand its flights to neighbouring countries, company officials said. The airline launched its first Air Asia Travel and Service Center in Phnom Penh yesterday. Air Asia will partner with tour operator Mekong Discovery. So Mara, ...
http://www.phnompenhpost.com/index.php/2011121353316/Business/air-asia-expands-services-flights.html
Environment Minister Denies Hardship at Tourism Project
The Minister of Environment has countered a rights worker’s claim that villagers relocated to make way for a Chinese-backed mega-tourism project in Koh Kong province lack proper access to medical care. About 1,100 families have been forcibly evicted from their coastal villages in Botum Sakor National ...
Camcontrol may leave border
Prime Minister Hun Sen recently unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. At a dinner with 5,000 Cambodian journalists on Friday, ...
Hor Kimsay
https://www.phnompenhpost.com/business/camcontrol-may-leave-border
Charity assists thousands in Cambodia
An education program in Cambodia founded by a Taiwanese charity has benefited nearly 10,000 Cambodians over the past five years, which is comparable to a modern equivalent of the famed agricultural missions dispatched by the Taiwanese government to aid diplomatic allies in the 1960s. The ...
Chen Ping-hung
http://www.taipeitimes.com/News/taiwan/archives/2015/12/01/2003633762
India pledges $50,000 to ECCC
The government of India announced yesterday that it will give $50,000 to the Extraordinary Chambers in the Court of Cambodia (ECCC), the tribunal tasked with the prosecution of the country’s former Khmer Rouge commanders. “On behalf of the ECCC we would like to express our gratitude ...
Safiya Charles
http://www.khmertimeskh.com/news/29660/india-pledges--50-000-to-eccc/