Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, held a bookbuild last month to determine the share price for its upcoming initial public offering on the Cambodian stock market. The private company aims to raise between $8.1 ...

Cambodia’s newest internet service provider (ISP), Today Communication, will join a busy market when it begins offering its services in Phnom Penh on Saturday. However, the company hopes that its focus on providing quality service, especially to businesses, will distinguish it from more than 30 ...

Wah Sun Handbags International Holding unveiled plans yesterday to expand its Cambodia operations, citing the country’s low labour costs as the primary reason for the move. In a filing on the Hong Kong Stock Exchange, the handbag manufacturer announced plans to raise up to $18 ...

As part of ongoing government efforts to modernize and streamline the country’s tax system, 43 tax agent licenses were awarded yesterday. The 43 companies are now legally recognized as offering tax declaration services to the public and private sectors. Eighteen had previously been doing this work ...

A new report on land grabbing around the world highlights Cambodia as a prime example of the ill effect of the growing global appetite for farmland by industrial scale operations. Released Wednesday in Stockholm by three Swedish NGOs, The Race for Land offers Cambodia as one ...

The price of land along four major boulevards in Phnom Penh climbed by 16 per cent in early 2013, according to real estate experts, compared to the same period in 2012. VMC Real Estate chairman Dith Channa said land prices increase because the quality of ...

Cambodia has offered the license for the United Kingdom’s Prudential Company to invest the life insurance in the kingdom. The announcement was made during the meeting between UK ambassador to Cambodia Mark Gooding and deputy prime minister and minister of economy and finance, his excellency Keat Chhon in Phnom Penh. “Ministry granted the approval for ...

An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...

The Government already issued a Decision to require the employers to increase the minimum wage for the factory workers to USD 100 per month, starting from February 2014, said a government official. Vong Savann, a senior official of the Labor Ministry adDed that the Decision was ...

Konrad-Adenauer-Stiftung (KAS) in Cambodia will launch a book on “The   development of Cambodian Administrative Law” on 07th of May 2014 at 05:30pm at Raffles Hotel Le Royal. In its press statement, KAS said that by offering readers an overview on the status and development of administrative ...

Cambodia will join the bidding for the Philippine government’s latest rice import offer, a senior rice industry official says. The Philippine government’s National Food Authority (NFA) last week authorised the import of 500,000 tonnes of rice to the country. The bidding process, which is looking for the ...

Seven union leaders protesting against being sacked from the Vantage River Textile factory in Preah Sihanouk province each agreed yesterday to accept $300 compensation. Worker representative and sacked employee Keo Srey Pich, 22, said three hours of negotiations between the union, workers and the company, in ...

More than 250 indigenous Kuoy families in Preah Vihear province have refused to accept compensation from a gold mining company that has offered them just $500 per hectare of land. ...

Although economic risks from the Covid-19 crisis linger, Cambodian real estate still offers a wealth of potential, as well as reasonably low prices for investments, especially in a handful of key localities marked by burgeoning interest and a gradual pickup in investment activity, according to ...

Production of Cambodian organic rice is rising rapidly as international demand for the product increases, experts said at a forum for growers and other in­dustry members held Tuesday at the Phnom Penh headquarters of agricultural NGO Cedac. “In the first six months of this year we’ve ...

Opposition leaders Sam Rainsy and Kem Sokha on Monday visited supporters in Kandal province to encourage locals there to ensure that momentum behind opposition demonstrations over the contested national election result continues. Thousands of people turned out in Vihear Suor commune, Khsach Kandal’s district, where Mr. ...

The Ratanakkiri Provincial Court has dismissed two complaints submitted by two local human rights groups, Adhoc and the Cambodian Center for Human Rights (CCHR), against local officials who they alleged had de­famed and intimidated their staff, court officials said Friday. Adhoc filed a complaint against Pheng ...

A storm on Saturday night killed one, badly injured two others and destroyed or damaged hundreds of homes in Svay Rieng province’s Rumduol district, officials said Sunday. Ros Pharith, provincial administration director, said a rainstorm with strong winds hit the prov­ince about 8:30 p.m. [Svay Rieng ...

The Cambodia Securities Exchange may launch as soon as March or April, according to an official at the Korea Exchange, the Kingdom’s partner in launching its stock market. Final preparations for the CSX’s  initial public offerings should be complete at that time, Pat Gil-soo, senior vice-president ...

Japan’s second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a representative office in Phnom Penh on Friday. The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, ...