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Thai, Cambodian SEC sign pact on capital markets

Cambodia and Thailand’s Securities Exchange and Commission (SEC) yesterday signed a memorandum of understanding (MoU) on mutual cooperation for capital market development through cross-listing, dual listing and depositary receipt offerings. ...

Bangkok Post Staff
https://www.bangkokpost.com/business/1752539/thai-cambodian-sec-sign-pact-on-capital-markets

Unstoppable worker outflow dims Cambodia's future prospects

Despite Thailand’s latest effort to stem the flow of migrants, workers from Cambodia continue to cross the border, as they try to flee an economy that offers little reward for their work. ...

Danielle Keeton-olsen
https://asia.nikkei.com/Spotlight/Drifting-Cambodia/Unstoppable-worker-outflow-dims-Cambodia-s-future-prospects

Kampot holdouts take compensation, move out

Six families in Kampot City accepted compensation of $3,000 each on Monday for their houses situated on a road that authorities want to expand, after initially rejecting the offer last week. ...

Ben Sokhean
https://www.cambodiadaily.com/news/kampot-holdouts-take-compensation-move-out-93702/

Equity fund takes stake in iCare

A Singapore-based private equity fund manager has acquired a significant minority stake in iCare Benefits (Cambodia) Co Ltd, an employee benefits programme offered to enterprises that operate in the Kingdom. ...

Kali Kotoski
http://www.phnompenhpost.com/business/equity-fund-takes-stake-icare

RDB unveils new identity

The state-owned Rural Development Bank on Monday announced it will rebrand as the Agriculture Development Bank within the next couple of years, offering a wider range of funds and banking services. ...

Sok Chan
http://www.khmertimeskh.com/5077255/rdb-unveils-new-identity/

Wage talks remain in deadlock

The third day of negotiations between members of a working group trying to reach a consensus on the minimum monthly garment wage remained stagnant yesterday, as manufacturers refused to budge from their $110 offer. ...

Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/wage-talks-remain-deadlock

Kampong Speu indigenous group concerned over land loss

The Suoy indigenous people of the Kor Dauntey community in Kampong Speu have expressed concerns over the loss of reserve land for future generations after allegedly receiving a $2,500 per hectare offer. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kampong-speu-indigenous-group-concerned-over-land-loss

Biofuel case stalls again; British defendant claims extortion

The trial of a British entrepreneur accused of fraud was delayed again at the Phnom Penh Municipal Court on Wednesday, while the defendant alleged he received an offer to buy his freedom for $1 million. ...

Matt Blomberg and Khuon Narim
https://www.cambodiadaily.com/news/biofuel-case-stalls-again-british-defendant-claims-extortion-100808/

Education minister lays out reforms at assembly

Minister of Education Hang Chuon Naron was questioned in front of a parliamentary panel yesterday, offering lawmakers a nine-point policy for reforming the Kingdom’s educational sector, according to a ministry official. ...

Taing Vida
http://www.phnompenhpost.com/national/education-minister-lays-out-reforms-assembly

Cambodia: 2nd agency to assist resettling Nauru refugees

The Australian government has retained a second agency to assist in the resettlement of refugees in Cambodia, despite scant interest from the people it detains on Nauru and for whom the offer stands. ...

Lauren Crothers
http://aa.com.tr/en/asia-pacific/cambodia-2nd-agency-to-assist-resettling-nauru-refugees/625495

Vattanac launches internet banking

Following the recent trend in Cambodian banks starting online banking services for their customers, Vattanac Bank announced last week that it was also now offering the service. ធនាគារវឌ្ឍនៈសម្ភោធកម្មវិធីសេវាធនាគារតាមអ៊ិនធឺណែត  ...

Sok Chan
http://www.khmertimeskh.com/news/31472/vattanac-launches-internet-banking/

Activist held for alleged trafficking

Former Cambodia National Rescue Party member Ismail Pin Osman was arrested in Phnom Penh on Wednesday for alleged human trafficking, though police officials offered little detail on why he was taken into custody. ...

Niem Chheng
http://www.phnompenhpost.com/national/activist-held-alleged-trafficking

12 duped migrant workers rescued

The Cambodian embassies in Malaysia and Vietnam have rescued 12 migrants who were cheated by human traffickers offering them well-paying jobs, with some set to be married off to men in China. ...

Pech Sotheary
http://www.khmertimeskh.com/5076387/12-duped-migrant-workers-rescued/

Rare deer caught on film for first time in a decade

Four endangered hog deer have been recorded using camera traps for the first time in a decade in Kratie province, offering hope that the population of the species may be on the rise. ...

Mom Kunthear
http://www.khmertimeskh.com/5082524/rare-deer-caught-film-first-time-decade/

Loophole thwarts efforts to combat child sex

When an anti-human trafficking group recently reported a 73 percent drop in the sale of children for sex, another referenced its list of 15 establishments offering minors to predators as evidence to the contrary. ...

Matt Blomberg and Sek Odom
https://www.cambodiadaily.com/news/loophole-thwarts-efforts-to-combat-child-sex-86980/

Better Recovery for Construction and Real Estate Sector

2012 has been an impressive year for Cambodia’s economic resilience. Among the many sectors that had positively grown are the construction and property development [sic] and they are expected to be among the highest growth achievers in the current year as well. In 2012, the ...

http://www.cambizreview.com

Entrepreneurship to be taught in the classroom

Education Minister Hang Chuon Naron has unveiled a plan to add coursework on entrepreneurship to the school and university curricula starting in the next academic year, state news agency AKP said yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/entrepreneurship-be-taught-classroom

Relocation fears for Siem Reap families

About 90 Siem Reap families have rejected what they say is a preliminary move by the provincial authority to have them moved off land declared part of Kulen Mountain National Park in 2002. The families, in Banteay Srei district’s Tbeng commune, said yesterday they had rejected ...

http://www.phnompenhpost.com/index.php/2012030254819/National-news/relocation-fears-for-siem-reap-families.html

KBank unveils capital branch

Kasikornbank (KBank), one of the largest banks in Thailand, officially unveiled its first branch in Phnom Penh with the aim of offering financial services to local businesses as well as corporate and retail customers. ...

Sok Chan
http://www.khmertimeskh.com/news/35257/kbank-unveils-capital-branch/

Taxis ordered off street sides near Monivong Bridge

Chbar Ampov district governor has ordered taxi drivers to cease parking along the road near Monivong Bridge, offering them an alternative nearby as part of ongoing efforts to ease congestion on major capital roads. ...

Sen David
http://www.khmertimeskh.com/5076835/taxis-ordered-off-street-sides-near-monivong-bridge/

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