E-commerce surges in Cambodia
As Internet use spreads across Cambodia, e-commerce outlets are mushrooming. Some are online shopping centers like MAIO Mall, which offers a plethora of functions, including lending and booking services. Others, like Shop168, link brick-and-mortar stores with customers via web portal and delivery services. Others, like Mall ...
Un Raksmey and Igor Kossov
http://www.khmertimeskh.com/news/13987/e-commerce-surges-in-cambodia/
Real estate firm ready for CSX listing
Bonna Realty Group will prepare to list on the Cambodia Securities Exchange, the company’s president said this week. The real estate firm joins a small but growing group of private companies that say they are gearing up for initial public offerings on the new exchange. ...
http://www.phnompenhpost.com/index.php/2012070657246/Business/real-estate-ready-for-csx.html
Human traffickers use social media to lure job seekers to Cambodia
Human traffickers in Việt Nam are finding ever more inventive ways to lure potential victims overseas for exploitation. Through social media networks like Facebook or Zalo, they are offering well-paid jobs at casinos or online games in Cambodia, before springing their trap. ...
Khmer Times Staff
https://www.khmertimeskh.com/501004569/human-traffickers-use-social-media-to-lure-job-seekers-to-cambodia/
Sihanoukville property owners in limbo as unfinished high-rises litter the city
In 2018, Kheav Sothanny leased his 600 square meters of land in central Sihanoukville to a Chinese investor to build a 14-storey condo. The contract offered him a rental fee of $20,000 a month. ...
Sorn Sarath
https://cambojanews.com/sihanoukville-property-owners-in-limbo-as-unfinished-high-rises-litter-the-city/
Press release on the outcome of the 22th ASEAN-EU Ministerial Meeting (AEMM)
On 24 January 2019, the Ministry of Foreign Affairs and International Cooperation published a press release on the outcome of the 22th ASEAN-EU Ministerial Meeting (AEMM) which was held on 21 January 2019, in Brussels, Belgium. His Excellency Prak Sokhonn, Minister of Foreign Affairs and ...
Ministry of Foreign Affairs and International Cooperation
Expats protest PM’s visit
Prime Minister Hun Sen’s official visit to France sparked demonstrations organised by Cambodian expatriates in Paris over the weekend, prompting the Cambodian People’s Party (CPP) to issue a statement on Saturday condemning them for incitement and claiming they have no right to interfere with the ...
Alessandro Marazzi Sassoon and Vong Sokheng
http://www.phnompenhpost.com/national/expats-protest-pms-visit
Insurance becomes next emerging market
Cambodians are starting to learn about insurance, thanks to Canadian company Manulife, which held a press conference on the topic on Friday. Low awareness and a limited pool of skilled talent are challenges facing insurers in Cambodia according Prudential representative Pankaj Banerjee. Despite this, he said Prudential ...
Gov’t pares UN rights recommendations
Cambodia has drastically reduced the amount of human rights recommendations it will implement as part of the United Nations’ Universal Periodic Review, saying they were overly repetitive. While Cambodia was criticised for deferring recommendations, which dealt with issues such as freedom of expression and the ...
Charles Rollet
http://phnompenhpost.com/national/gov%E2%80%99t-pares-un-rights-recommendations
Youths from ASEAN join justice ministry and CSOs in dialogue
Twenty-six young Cambodians joined senior Ministry of Justice officials and representatives from civil society organisations (CSOs) in the Kingdom and other countries in the region in exchanging views and opinions on the role of civil society and youth participation in politics and national development. ...
Voun Dara
https://www.phnompenhpost.com/national/youths-asean-join-justice-ministry-and-csos-dialogue
New loan agreement standard for financial industry breeds debate
A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June. But insiders and observers have expressed differing views on the precise provisions of the instrument, its potential effects on market competition, and ...
Rann Reuy
https://www.phnompenhpost.com/business/new-loan-agreement-standard-financial-industry-breeds-debate
Police given $50k for keeping order post-election
Phnom Penh Governor Pa Socheatvong and municipal police chief Chuon Sovann hosted a ceremony at Olympic Stadium on Wednesday to award about $25 to each of the city’s police for keeping order in the year following last July’s disputed national election. About 2,000 police officers filed ...
Mech Dara
http://www.cambodiadaily.com/news/police-given-50k-for-keeping-order-post-election-65403/
Press release on the meeting of tax revenue on September 2014
10 October 2014, 08:30 a.m. – General Department of Taxation conducted a meeting on tax fiscal review on September 2014, under the presidency of H.E. Kong Vibol, a governmental delegation in charge of General Department of Taxation and the participation of the deputy head of General Department of ...
General Department of Taxation
Cambodia Security Exchange Launches
The Cambodia Security Exchange (CSX) has launched though trading has yet to begin. Government officials and investors are upbeat about the launch saying that it will spur economic growth. The chance for investment in Cambodia is said to have grown significantly since the advent of ...
http://www.phnompenhpost.com/index.php/2011071150302/Business/stock-exchange-launches.html
Sihanoukville Port uncompetitive ahead of listing
Just months before Sihanoukville Autonomous Port is supposed to list on the Cambodia Securities Exchange, officials said yesterday that the state-owned enterprise is still more expensive and slower at processing goods than other ports in the region. An investor said that the problems confronting the port ...
Share Price Set for Stock at City Water Authority
Shares of the state-owned Phnom Penh Water Supply Authority (PPWSA) will trade at 6,300 riel, or $1.57, when the firm launches its initial public offering (IPO) on the Cambodian bourse on April 18, PPWSA announced yesterday. The price puts the company at the top of the ...
Forty Koh Kong families not happy with deal
Forty of the 375 families involved in a recently settled land dispute in Koh Kong province claimed on Tuesday that they have not yet received their promised cash compensation. Hence, the families requested the authorities to change the site of the land offered as they ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/forty-koh-kong-families-not-happy-deal
Elephant herds spotted in Wildlife Sanctuary
Researchers have released new photos offering a rare glimpse of endangered elephant herds seen traveling with calves through the Tonle Srepok Wildlife Sanctuary in Mondulkiri province earlier this month. The photos are part of a conservation supervisory project undertaken by Winrock International and the World Wildlife ...
Safiya Charles
http://www.khmertimeskh.com/news/26631/elephant-herds-spotted--in-wildlife-sanctuary
Major facelift for notorious Prey Speu
Officials in the Ministry of Social Affairs are planning to make a set of major changes to the infamous Prey Speu detention center, aimed at improving its healthcare services, educational options, and the quality of the housing it offers. But some critics say the changes ...
Jonathan Cox
http://www.khmertimeskh.com/news/18784/major-facelift-for-notorious-prey-speu/
Sugar plantation caught again with illegal wood
Authorities in Kompong Speu province on Wednesday seized more than 1,000 logs on the property of a Chinese-owned sugarcane plantation, marking the third time the firm has been found with illicit timber in the past year. Local officials offered no explanation for why the plantation’s on-site ...
Aun Pheap
https://www.cambodiadaily.com/news/sugar-plantation-caught-illegal-wood-118908/
CMAC to get pensions in framework of RCAF
The Cambodian Mine Action Center has been incorporated into the “framework” of the Cambodian military, ostensibly to allow CMAC employees to receive government pensions. “Officials and staff of [CMAC] would like to deeply thank [Hun Sen] for offering officials and staff of CMAC official framework ...
Andrew Nachemson
http://www.phnompenhpost.com/national/cmac-get-pensions-framework-rcaf