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Port a step closer to 2015 IPO

Sihanoukville Autonomous Port (SAP) recorded above-average revenue growth in 2014, marking the third year of consecutive profit and paving the way for a 2015 initial public offering, officials say. ...

Hor Kimsay
http://www.phnompenhpost.com/business/port-step-closer-2015-ipo

Startup Promises a Future for Former Boeng Kak Residents

In mid-August, on day seven of production at the Coco Khmer social enterprise, the team experienced a setback. Temperatures in the fermenting room must remain between 35 and 40 degrees to produce the organization’s virgin coconut oil, but the temperature on that rainy day refused to ...

Devon Geary and Mech Dara
http://www.cambodiadaily.com/news/startup-promises-a-future-for-former-boeng-kak-residents-41532/

OURN Vimoil

Program and Partnership ManagerVimoil is a Program and Partnership Manager at Open Development Cambodia (ODC). She provides strategic oversight and management for the Innovations in Social Accountability in Cambodia (ISAC) project and the research contributions to ODC content, while also coordinating all aspects of the ...

New player joins busy telecom market

Starting today, Kingtel, a new internet and telecom service provider, will offer internet services to customers, with the company expected to launch call services within the next few months. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/new-player-joins-busy-telecom-market

Grab rolls out motorbike service in capital

Singapore-based ride hailing app Grab has added motorbike taxis to its inventory in Phnom Penh, becoming the first app of its kind to offer the popular motodop service. ...

Robin Spiess
http://www.phnompenhpost.com/business/grab-rolls-out-motorbike-service-capital

Port IPO opens to subscribers

Subscription for the initial public offering of Sihanoukville Autonomous Port (SAP) opened yesterday, with its underwriter predicting a strong investor response following an oversubscribed bookbuilding exercise late last month. ...

Cam McGrath
http://www.phnompenhpost.com/business/port-ipo-opens-subscribers

Malaysia seat belt law enforcement amongst lowest in SEA – ranks below Cambodia, Vietnam, WHO finds

A closer look at the World Health Organization’s (WHO) Global Status Report on Road Safety 2015 has revealed some rather disturbing information – Malaysia is amongst the lowest-ranked nations in South East Asia (SEA) when it comes to seat belt law enforcement and awareness on ...

Gregory Sze
http://paultan.org/2015/10/22/malaysia-seat-belt-law-enforcement-lowest-sea-who-finds/

Borei Keila residents herald pledge of aid

Borei Keila evictees who have been sleeping in stairwells near where their houses once stood said yesterday the Phnom Penh municipal authority had promised to help them find homes. Ka Rohanny, 35, a representative of the evicted residents, told the Post Kiet Chhe, deputy administrative president ...

http://www.phnompenhpost.com/index.php/2012030754903/National-news/borei-keila-residents-herald-pledge-of-aid.html

Private firms plan CSX IPOs

A logistics firm and two garment manufacturers planned to list on the Cambodia Securities Exchange during the second half of 2012, underwriter Phnom Penh Securities said yesterday. The companies are the first known private businesses to confirm their intentions of listing on the Kingdom’s still-dormant bourse. Manufacturing ...

http://www.phnompenhpost.com/index.php/2011110352509/Business/private-firms-plan-csx-ipos.html

Country’s First Life Insurance Firm Enters Market

The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...

Railway Family Payouts Could Be Increased

The government and the Asian Development Bank (ADB) will start drafting a new resettlement plan this month that could improve the compensation on offer for some of the roughly 200 Phnom Penh families losing their homes because of rehabilitation of the country’s railway network in ...

Premier calls for support for veterans

Prime Minister Hun Sen yesterday announced he would be personally helping the families of 100 dead veterans every year and called on others to offer financial help, according to reports. ...

Mom Kunthear
http://www.khmertimeskh.com/news/26381/premier-calls-for-support-for-veterans/

Despite Maid Abuses, Cambodia Retains Trafficking Ranking

Cambodia held on to its Tier 2 ranking for the third straight year in the U.S. State Depart- ments latest global Trafficking in Persons Report, which praised the country for a rise in prosecutions, but criticized the country over a new sub-decree on migrant labor. In ...

Family told to collect daughter's remains by recruitment agency

Another family has been asked to come and retrieve the remains of their dead daughter from a recruitment firm after she passed away in Malaysia, and they claim the agency that sent her threatened not to return her ashes if the family pursued legal action. The ...

http://www.phnompenhpost.com/index.php/2011112252892/National-news/family-told-to-collect-daughters-remains-by-recruitment-agency.html

Maid abuse scandals to lead labor recruiters to lay off staff

Overseas labor recruitment agencies that send maids to Malaysia are planning to lay off about 1,000 staff members as they prepare to close down many pre-departure training centers following a growing scandal around abuses and criminal activity during the recruitment, training and sending of maids. An ...

Lucky sells big stake to Asian retail giant

Big Asian retailer Dairy Farm Group has formed a joint venture with Cambodia’s Lucky Market Group, the operator of Lucky Supermarket and Lucky Burger, according to an announcement yesterday. LMG, which opened its first supermarket in 1993, will join a stable of brands already controlled by ...

http://www.phnompenhpost.com/index.php/2012031354993/Business/lucky-sells-big-stake-to-asian-retail-giant.html

‘New deal’ eyed for migrant workers

Prime Minister Hun Sen’s call on Tuesday to strengthen cooperation among ASEAN members to protect the rights of migrant workers echoed recent comments by rights groups who say further protections are necessary as the 2015 deadline for an integrated economic community looms. As that deadline approaches, ...

http://www.phnompenhpost.com/index.php/2012040555449/National-news/new-deal-eyed-for-migrant-workers.html

Potholes on a path to progress

Cambodia marginally improved its global competitive ranking this year, moving up five spots to place 90th out of 144 nations surveyed, with weak public institutions and lack of innovation continuing to affect its economic progress, according to a newly released World Economic Forum report.The Global ...

Ananth Baliga
http://www.phnompenhpost.com/business/potholes-path-progress

Go Communications buys out Cambodian agency

Malaysia-based GO Communications Group has acquired 100 percent of a public relations agency in Cambodia as a part of its ambitious plan to control a leading PR network in Southeast Asia, chief executive officer Michael De Kretser said In terms of foreign direct investment in Cambodia, ...

http://www.nationmultimedia.com/business/Go-Communications-buys-out-Cambodian-agency-30189095.html

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