Port eyes public listing amid profits recovery
Sihanoukville Autonomous Port (SAP) could be ready to list on the Cambodian Stock Exchange (CSX) by mid 2015, the head of the state-owned enterprise says. Lou Kimchhunn, director-general at the port said he is awaiting evaluations of the business’s 2014 performance from an independent accounting firm ...
May Kunmakara
http://www.phnompenhpost.com/business/port-eyes-public-listing-amid-profits-recovery
Holiday clemency requested for 900 prisoners
The names of more than 900 prisoners have been put forward to receive pardons and sentence reductions during next month’s Khmer New Year festivities, officials said yesterday. The inmates were selected by the Ministry of Interior and their cases are now being assessed by the Ministry ...
Chhay Channyda
http://www.phnompenhpost.com/holiday-clemency-requested-900-prisoners
Vietnam tops auction to supply rice to NFA
Vietnam offered Friday the lower price for the additional rice supply that the Philippines will import to increase its buffer stock for the lean season, the National Food Authority said. NFA earlier invited Cambodia, Thailand and Vietnam to supply an additional 250,000 metric tons of rice ...
Anna Leah E. Gonzales
http://bit.ly/1QgImol
Leading Malaysian insurer to bring “Fast & Easy” insurance to the local market
Malaysia’s leading Insurance and Takaful Company Etiqa has started operations in Cambodia, allowing the local people to experience a fast and easy way to get insured. Etiqa has entered the Kingdom upon seeing the vast potential the local market has to offer, with 97% of ...
Khmer Times Staff
https://www.khmertimeskh.com/50700680/leading-malaysian-insurer-to-bring-fast-easy-insurance-to-the-local-market
Rocket Internet launches e-commerce site in Cambodia
A local representative of controversial online start-up incubator Rocket Internet said the company would invest “millions” in Cambodia as it launched a new online retail store yesterday, in what market insiders call a trend toward increasing e-commerce in the Kingdom. The site, shop.com.kh is offered in ...
http://www.phnompenhpost.com/index.php/2012071157333/Business/rocket-launches-e-commerce-site.html
South Korea to approve $1.5b loan to develop Cambodia’s economy
Cambodia is preparing to ink a deal that will see South Korea offer $1.5 billion in loans to further develop the kingdom’s energy sector and infrastructure. ...
Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy
Microfinance to tap into WASH sector
A partnership between Cambodia Microfinance Association (CMA) and Water.org aims to increase access to safe water and sanitation nationwide by offering incentives to finance the sector. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-microfinance-to-tap-into-wash-sector
NGO calls for extension of maternity leave in Kingdom
The Scaling Up Nutrition Network (SUN), which represents more than fifty national and international civil society organisations and the SUN UN network, which represents four agencies, offered their congratulations to the government for recent workshops held to promote breastfeeding and the introduction of increased maternity ...
Post staff
https://www.phnompenhpost.com/national/ngo-calls-extension-maternity-leave-kingdom
SERC combat illegal investment schemes
The Securities Exchange Regulator of Cambodia (SERC) is actively seeking collaboration with relevant ministries and institutions to combat the illicit collection of public funds by unauthorised investors offering high returns. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-combat-illegal-investment-schemes
Tuk-Tuk Maker Eyes Cambodian Market
Japan-based Terra Motors Corporation viewed Cambodia as a potential market for its electric tuk-tuk, the company’s general manager of overseas sales said yesterday. “We’re thinking of entering the Cambodian market as well. But at this moment, there are no concrete plans. [We] just hope to enter,” ...
http://www.phnompenhpost.com/2013032964775/Business/tuk-tuk-maker-eyes-cambodian-market.html
Python skin origins unclear
The International Union for the Conservation of Nature (IUCN) on Monday warned that allegedly farmed python skins originating from Cambodia could in fact have been harvested in the wild, and called for surveys to determine the scale and impact of possible python hunting in the ...
Stuart White
http://www.phnompenhpost.com/national/python-skin-origins-unclear
Seeking to cultivate young Cambodian leaders
US Ambassador William Todd created the Ambassador’s Youth Council in Cambodia in 2012, one of 80 such groups of youth around the world. The goal is to create better relations between Cambodia and the US and to cultivate young leaders for Cambodia, he said. “Those ...
Socheata Hean
http://www.voacambodia.com/content/seeking-to-cultivate-young-cambodian-leaders/2564238.html
Parties to meet for ‘final talks’ on basis of 2018 election
Opposition leader Sam Rainsy announced on his Facebook page late last night that the CNRP has accepted a February 2018 national election in exchange for a new electoral commission and that “final talks” to end the political crisis will take place at 9 a.m. on ...
Alex Willemyns and Mech Dara
http://www.cambodiadaily.com/news/parties-to-meet-for-final-talks-on basis-of-2018-election-64514/
Nine karaoke parlors closed after clash
Nine karaoke parlors in Pur Senchey district were closed indefinitely Monday after an early morning clash between employees of the clubs, district governor Hem Darith said. Mr. Darith said a large group of men working for the different clubs got into a violent scuffle using rocks, ...
Hay Pisey
http://www.cambodiadaily.com/news/nine-karaoke-parlors-closed-after-clash-62227/
200 workers protest against forced overtime
About 200 workers from the Chinese-owned Pollysa (Cambodia) Home Textile factory in Sihanoukville protested Wednesday against the overtime they were being forced to work and the firing of 20 employees earlier this week who refused the extra hours, workers and a union representative said. Starting at ...
Ben Sokhean
http://www.cambodiadaily.com/news/200-factory-workers-protest-against-forced-overtime-63085/
US firms suggest ASEAN improve financial services
Although US businesses across ASEAN have expressed a positive investment outlook towards Cambodia and the other members of the regional group, they are unsure of how to take advantage of the free-trade agreement with China, insiders said at the first-ever ASEAN-US Business Summit, which kicked ...
Microsoft decries pirated software
Microsoft Cambodia has found that an overwhelming majority of computer retailers surveyed earlier this year failed to offer customers the option to purchase licensed, as opposed to pirated, software. Out of the 54 Cambodian computer retailers included in the May survey, the results of which were ...
http://www.phnompenhpost.com/business/microsoft-decries-pirated-software
Garment IPO to pay for factory
Taiwanese garment factory Grand Twins International (GTI) has carefully laid out a schedule so it can go public on Cambodia’s stock exchange after the dust settles from unrest tied to minimum wage disputes, according to the company’s chief financial controller, Henry Chen. GTI received approval from ...
Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/garment-ipo-pay-factory
Villagers want compensation for Lower Sesan 2 Dam construction
A group of eight villagers from Stung Treng and Ratanakkiri provinces facing displacement by the construction of the Lower Sesan 2 dam lodged a petition Thursday with the Chinese Embassy and three ministries demanding that the developer negotiate with them. “The affected families have never been ...
Kuch Naren
http://www.cambodiadaily.com/news/villagers-want-compensation-for-lower-sesan-2-dam-construction-52244/
Fish output likely to drop
Fishery resources could fall this year because of a lack of flooding along rivers and waterways impeding fish from travelling freely or finding food to encourage their growth, a fishery official says. Sam Nov, deputy general director of Fishery Administration at the Ministry of Agriculture, Fishery and ...
http://www.phnompenhpost.com/index.php/2012102459389/Business/fish-output-likely-to-drop.html