Riversgold to use IPO proceeds in its search for Mondulkiri gold
Riversgold, an Australian gold exploration startup, will use the proceeds of its upcoming initial public offering (IPO) to acquire and develop mineral exploration projects in Australia, the US and Cambodia, according to a company prospectus. ...
Cam McGrath
http://www.phnompenhpost.com/business/riversgold-use-ipo-proceeds-its-search-mondulkiri-gold
Phnom Penh Autonomous Port upgrades container handling capacity to 400,000 TEUs
The listed-Phnom Penh Autonomous Port (PPAP) launched its new container terminal on Monday, upgrading its full capacity in handling containers to 400,000 TEUs per year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50938651/phnom-penh-autonomous-port-upgrades-container-handling-capacity-to-400000-teus/
Man healed, held against will
Today, a month to the day after his stomach ruptured, Term Hun, 49, remains hospitalised. He was operated on and has long since healed. But without the money to pay for his treatment, the clinic refuses to let him go. After receiving emergency surgery at ...
Koam Chanrasmey and Sean Teehan
http://www.phnompenhpost.com/national/man-healed-held-against-will
Sihanoukville gets ready for listing
The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before it is listed on the Cambodia Securities Exchange late next month. ...
Chea Vannak
http://www.khmertimeskh.com/news/37759/sihanoukville-gets-ready-for-listing/
Koreans eyeing bank IPO
Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...
May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo
Acleda to be listed on CSX
Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-be-listed-csx
Virgin ‘stops purchases of Oddar Meanchey REDD credits’
A Virgin Atlantic representative yesterday said that the British airline is no longer purchasing carbon credits from an area of Oddar Meanchey province set aside for a UN REDD+ program after a report describing widespread problems. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/virgin-stops-purchases-oddar-meanchey-redd-credits
Oddar Meanchey carbon scheme used by Virgin ‘does not work’
Claims the military is involved in systematically clearing forest in Oddar Meanchey province in an area meant to be protected by a carbon credit scheme involving Virgin Atlantic have prompted the UK-based airline to launch an investigation into the program. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/oddar-meanchey-carbon-scheme-used-virgin-does-not-work
CSX index up 7.25 per cent, $1.25 million in shares traded
Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO). At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-index-725-cent-125-million-shares-traded
New listing soon on CSX
Sihanoukville Autonomous Port (SAP) is edging closer to be listed on Cambodia’s burgeoning stock exchange after five years of delays. The state-owned enterprise will start a formal process of studying investor demand by April, to decide how much shares will cost when the company makes its ...
Chea Vannak and May Kunmakara
http://www.khmertimeskh.com/news/36832/new-listing-soon-on-csx/
SMF defends funding cuts to partner NGO
The Somaly Mam Foundation (SMF) has said its decision to cut off funding to Agir Pour Les Femmes en Situation Precaire (Afesip) came partly because of the continued involvement of embattled anti-human-trafficking activist Somaly Mam in the local NGO. In a statement on Monday, the SMF ...
Chhay Channyda and Amelia Woodside
http://www.phnompenhpost.com/national/smf-defends-funding-cuts-partner-ngo
Mekong villagers wary of Xayaburi dam
Fishermen bring their boats to shore, pack away their traps and hand over the day’s catch to their awaiting families on the banks of the Mekong River in Kratie province’s Chitra Borei district. “When my husband arrives home each day, we eat some of what he ...
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
Seaport debuts on stock market
Shares in Sihanoukville Autonomous Port (PAS), the state-owned enterprise that operates Cambodia’s only deep-sea port, debuted on Cambodia’s stock exchange yesterday after an initial public offering that raised $27 million. ...
Brian Ng and Hor Kimsay
http://www.phnompenhpost.com/business/seaport-debuts-stock-market
Small pig farmers edged out
Cambodia’s small family-run pig farming businesses seem to be roughing it out in an unpredictable market with fluctuating pork prices while facing stiff competition from the illegal flood of cheap imported live pigs from neighboring countries. To add salt to their wounds, the high price ...
Sok Chan
http://www.khmertimeskh.com/news/28905/small-pig-farmers-edged-out/
Acleda, PPCBank granted listing eligibility
Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility
PPSEZ’s rethink after sharp profit fall
Phnom Penh Special Economic Zone (PPSEZ) ‒ a listed company on the Cambodia Securities Exchange (CSX) ‒ reveled on Friday that by 2020, 50 percent of the company’s revenue would be generated by sales of services. This new target was made after PPSEZ informed the ...
Chea Vannak
http://www.khmertimeskh.com/news/29024/ppsez---s-rethink-after-sharp-profit-fall/
Homing in on the IPO price
From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public Offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...
http://www.etmcambodia.com/search.php?s=The+Week+at+the+CSX&submit=Search
French Scholar ‘Shocked’ Over Damage to Riverside Home
Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...
Malaysian Insurance Institute signs agreement with Cambodia Insurance Ass’n.
The Malaysian Insurance Institute (MII) and the Insurance Association of Cambodia (IAC) have signed a Memorandum of Understanding (MoU) for “a bilateral collaboration to forge a beneficial business relationship to further enhance insurance knowledge and skills development for the insurance industry in Cambodia,” said a ...
Insurance Journal News Staff
http://www.insurancejournal.com/news/international/2014/03/03/321950.htm