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
Ministry releases crops report
A ministry of Agriculture, Forestry and Fisheries report said the Kingdom cultivated over 2.3 million hectares of rice during this year’s rainy season, but Minister Veng Sakhon expressed concern over the abnormal weather. The ministry’s report on crop cultivation and agricultural exports was posted on ...
Long Kimmarita
https://www.phnompenhpost.com/national/ministry-releases-crops-report
Chinese language set for secondary school curricula
Cambodia and China have signed a memorandum of understanding (MoU) on the joint development of Chinese language curricula in public secondary schools in the Kingdom, with 20 high schools having been selected for the pilot phase of the programme. ...
Lay Samean
https://www.phnompenhpost.com/national/chinese-language-set-secondary-school-curricula
Language expert warns against "foreignization" under globalization
As Cambodia seeks greater integration with regional and global economies, a language expert warns against overreliance on foreign identity and language. Chan Virak, a doctorate student in culture, literacy and language at the University of Texas at San Antonio, says Cambodia should invest in its own ...
Sophat Soeung
http://www.voacambodia.com/content/language-expert-warns-against-loss-of-identity-under-globalization/2834297.html
Increase in rice facilities boosts price of Kingdom’s paddy rice
As a result of more rice facilities constantly being installed, the price of paddy rice for the 2018-2019 season was between 900 riel and 1,300 riel ($0.22 and $0.32) per kg, an increase on the previous season, according to industry insiders. Cambodia Rice Federation vice-president ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/increase-rice-facilities-boosts-price-kingdoms-paddy-rice
Religion ministry to hold wedding rituals seminar
In an effort to standardise wedding rituals, Cambodia’s achars, or laymen who carry out Buddhist rites of passage, have been invited to a 10-day training course next month in the capital, the Ministry of Cults and Religion announced last week. ...
Lay Samean
http://www.phnompenhpost.com/national/religion-ministry-hold-wedding-rituals-seminar
Cambodian farmers prosper by going organic
Depending on the season, organic vegetable farmer Sem Chantha could be growing spinach, cauliflower, lettuce or collard greens on her six-hectare plot of land in Cambodia’s Kampong Speu province. The Cambodian Center for Study and Development in Agriculture (CEDAC) supports Cambodian farmers with training and ...
Daniel De Carteret, Chan Muyhong
http://www.voanews.com/content/cambodian-farmes-prosper-by-going-organic/2988764.html
Slowdown in services sector
A slow growth in tourism, and a slowdown in the logistics and real estate sectors could cumulatively have a knock-on effect that will threaten the overall growth of the country’s services sector, a report from the Ministry of Economy and Finance said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/34626/slowdown-in-services-sector/
Ministry of foreign affairs to build first diplomatic institute
The Foreign Affairs Ministry expects to complete construction on its first training institute for local diplomats in the next 18 months, officials said Monday. Foreign Affairs Ministry spokes-man Chum Sounry said work on the National Institute for diplomatic and Relations of International Study began in December. ...
Chhorn Phearun
https://www.cambodiadaily.com/second2/ministry-foreign-affairs-build-first-diplomatic-institute-126811/
Interest in going organic grows with local farmers
The Cambodian Centre for Study and Development in Agriculture (Cedac), an organisation that supports local farming families and agricultural development projects, has seen strong interest in organic farming and expects to double the number of certified organic farmers and area under cultivation within a year. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/interest-going-organic-grows-local-farmers
New study on Phnom Penh-Bavet expressway
The China Railway Corporation is conducting a feasibility study on the construction of an expressway linking the capital with Bavet, in the border with Vietnam, according to the Ministry of Public Works and Transport. The study will take eight months to complete, Minister of Public ...
Chea Vannak
https://www.khmertimeskh.com/50672615/new-study-on-phnom-penh-bavet-expressway
Farmers’ help group pledges to raise its voice in the sector
It’s 23 years since the Cambodian Centre for Study and Development in Agriculture (CEDAC) was founded. It now stands as the pre-eminent Cambodian organisation in the fields of agricultural and rural development and is especially recognised for its farmer-led extension services, agricultural innovation training, support ...
Sorn Sarath
https://www.khmertimeskh.com/50760195/farmers-help-group-pledges-to-raise-its-voice-in-the-sector/
Fish fossils found in Phnom Svay of Banteay Meanchey
Archeologists and researchers have identified rare fish fossils buried in the ground in Phnom Svay of Banteay Meanchey province.The news was released in a press release from the Ministry of Environment, stressing that the discovery was made by Mr. Lim Vanchan of the Fossil Study ...
Khmer Times Staff
https://www.khmertimeskh.com/50755671/fish-fossils-found-in-phnom-svay-of-banteay-meanchey/
UK pledges to provide more scholarships
The UK Government pledged to increase the number of scholarships to Cambodian students. They also promised to give more assistance to the Khmer Rouge Court trials and help solve the mine problem. ...
Ban Sokrith and Phun Chan Ousaphea
http://www.khmertimeskh.com/news/12155/uk-pledges-to-provide-more-scholarships/
Moody’s warns about impact of ‘shift in political relations’
The government’s plan to take a new $2 billion loan for next year’s budget will increase the debt burden to 31.5 per cent of the GDP next year, an analyst from credit rating agency Moody’s said, adding that it remained at a moderate level compared ...
Hor Kimsay
https://www.phnompenhpost.com/business/moodys-warns-about-impact-shift-political-relations
Veggie farming to trim kingdom’s import bill
Government officials, economists and businesses discussed the implementation of a draft program to invigorate vegetable farming in the Kingdom and cut imports from neighbouring countries in half by 2018. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/veggie-farming-trim-kingdoms-import-bill
China-funded Ream base construction includes new pier, US think tank says
Chinese-funded construction, including land clearing, several new structures and a new pier, “continues to transform” Sihanoukville’s Ream Naval Base “at a rapid pace,” a U.S. think tank said Tuesday. ...
Sorn Sarath and Sovann Sreypich
https://cambojanews.com/china-funded-ream-base-construction-includes-new-pier-us-think-tank-says/
PHNOM PENH CONDOMINIUM MARKET IS BOOSTED BY HIGH SALES RATES, PROMPTING FURTHER CONSTRUCTION
The condominium market in Phnom Penh is still very much within its early stage of development and thus is unlikely to flourish until there is a cultural shift towards owner occupants relocating to condominium developments within the city. This however will be heavily dependent on the ...
Cambodian Business Review Staff, P.18
http://www.cambisreview.com
Sathapana borrows $15m for micro loans
Cambodian microfinance institution (MFI) Sathapana Limited will receive $15 million in loans to provide additional support to small- and medium-size enterprises (SMEs), which make up the vast majority of the country’s businesses. The loan comes courtesy of German Investment and Development Company DEG, a subsidiary of ...
http://www.phnompenhpost.com/business/sathapana-borrows-15m-micro-loans