After strong start, city bus’ future unclear
After a monthlong test run saw 10 buses often filled with passengers, a Chinese-owned company promised in early March to inject millions into the project and add hundreds of new buses. But Global Trade development left the project last month after the municipality refused to grant ...
Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/after-strong-start-city-bus-future-unclear-58640/
ADB Admits Fault in Rail Project, Pledges Compensation
The Asian Development Bank (ADB) has for the first time admitted to major flaws in its efforts to protect the roughly 4,000 families losing land to a $143 million project it is funding to rehabilitate Cambodia’s dilapidated railway system. On Friday, the ADB said it would ...
Zsombor Peter
http://www.cambodiadaily.com/news/adb-admits-fault-in-rail-project-pledges-compensation-51210/
Eighth EU-Cambodia Joint Committee concludes in Brussels
The 8th EU-Cambodia Joint Committee was held in Brussels on Thursday, preceded by the subgroups on development cooperation, on trade and on institution building, administrative reform, legal and judicial reform, governance and human rights, the European bloc said in a press release. The two sides ...
RTT News Staff
http://www.rttnews.com/2285917/eighth-eu-cambodia-joint-committee-concludes-in-brussels.aspx?type=gn&utm_source=google&utm_campaign=sitemap
Government urges land concession firms to respect law
Environment Minister Say Sam Al met with private firms with land concessions last week to gauge their compliance with government rules and regulations, and adherence to their own contracts. Amid mounting local and international pressure, Prime Minister Hun Sen in mid-2012 ordered a freeze on ...
Aun Pheap
http://www.cambodiadaily.com/news/government-urges-land-concession-firms-to-respect-law-57474/
Villagers in Svay Rieng angry over planned canal
More than 200 villagers from three communes in Svay Rieng province on Saturday protested against a proposal to build a huge irrigation canal through their land, a local official said Sunday. The planned canal would stretch across Kraol Kor, Svay Yea and Chhoeuteal communes in Svay ...
Aun Pheap
http://www.cambodiadaily.com/news/villagers-in-svay-rieng-angry-over-planned-canal-58480/
Villager travels to Parliament over land row
A representative of villagers involved in a land dispute in Mondolkiri province appealed to the government Tuesday to address their displacement after their shelters were destroyed by police and soldiers in a forced eviction Monday. Chan Rithy stood outside the National Assembly in Phnom Penh on ...
Ben Sokhean
http://www.cambodiadaily.com/news/villager-travels-to-parliament-over-land-dispute-59795/
EU gives park protection
A huge area of Ratanakkiri province’s Virachey National Park has been declared a protected area under a European Union-funded plan that government officials say will shift forest communities away from dependence on depleted forest byproducts. Chhay Samith, head of protected natural areas at the Ministry of ...
Phak Seangly
http://www.phnompenhpost.com/national/eu-gives-park-protection
Cambodia leads doubts over AEC
In a rare moment of honesty a Cambodian official has admitted his doubts about his country’s ability to meet regional expectations in time for the launch of the much vaunted ASEAN Economic Community (AEC) by the end of 2015. “If you talk about short-term: Yes, we ...
Luke Hunt
http://thediplomat.com/2014/04/cambodia-leads-doubts-over-aec/
Interest-free loans to lure businesses
HCM CITY — The HCM City government will offer interest-free loans to local companies doing business in the city, Laos and Cambodia. With a stimulus package of VND8 trillion (US$381 million), the city has approved interest-fee loans of up to VND100 billion ($4.7 million) over ...
http://vietnamnews.vnagency.com.vn/Economy/215583/Interest-free-loans-to-lure-businesses.html
Whereabouts of Bavet governor still a mystery
Government and police officials were at a loss yesterday to pinpoint the whereabouts of the Bavet town governor, who has been identified as a suspect in the shooting of three women at a protest two weeks ago. An arrest warrant had still not been issued for ...
Cambodia's bourse sees slow progress in 1st year of operations
The Cambodia Securities Exchange (CSX) has seen slow progress in its first year of operations because there has been only one listed firm and public knowledge about the stock market remains low, officials said Thursday. The CSX was officially launched trading on April 18 last year ...
Nguon Sovan
http://news.xinhuanet.com/english/world/2013-04/18/c_132320982.htm
Major banks show more agricultural sector trust
Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...
Rice plots blocked at dam site
In a first step toward clearing villagers from land intended for a planned Koh Kong provincial hydroelectric dam, a Chinese development firm has blocked a road leading to plots where villagers have continued to harvest rice. Officials from Tianjin Union development Group, which was awarded a ...
Sen David
http://www.phnompenhpost.com/national/rice-plots-blocked-dam-site
Water Authority Share Price Hits New Low
The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...
Hul Reaksmey
http://www.cambodiadaily.com/business/water-authority-share-price-hits%E2%80%88new-low-42002/
Cambodia sends 4th batch of troops to Lebanon for U.N. peacekeeping mission
Cambodia on Tuesday dispatched the fourth batch of 184 soldiers to Lebanon to replace the third batch’s forces, whose one-year United Nations peacekeeping duties have come to an end. The civil engineering group would perform their one-year duties by cLearing landmines, constructing roads, bridges, shelters and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/17/c_132974000.htm
Singapore Invests in New Cambodian Bank
An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/
Garment Makers Gear Up for IPOs
Two foreign-owned garment manufacturers will submit disclosure documents to Cambodia’s capital market regulator next month, the companies’ underwriter Phnom Penh Securities Firm Plc. said yesterday. The initial public offerings for the two private companies, expected by the end of the year, should boost action on the ...
http://www.phnompenhpost.com/index.php/2012062957093/Business/garment-makers-gear-up-for-ipos.html
ស្ថាប័នឯកជន
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Private institutions
[[“Actors”,”Expertise/purposes”,”Website”,”Facebook”],[“ Healy Consultants“,”Healy Consultants is a private company that assists multinational clients with business set up in over 200 countries.”,””,”Link“],[“PRASAC Microfinance Institution“,”PRASAC is a private microfinance institution that participated with SME Bank in the SME co-financing scheme. It offers loans to SMEs with an investment ...
Foreign investment brings Cambodia growth, new issues
Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...