Bourse offers primer on disclosure
The Cambodia Securities Exchange (CSX) organized a forum on Tuesday to help companies, investors and students understand the importance of disclosure in the securities market, inviting representatives of the fledgling bourse’s two listed companies to share their experience. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/12731/bourse-offers-primer-on-disclosure/
Bank now offers gold accounts
Cambodians can now invest in gold through one of the Kingdom’s Malaysian-owned banks, CIMB. The investment product has been met with mixed reviews from experts, but could tap a popular and traditional means of investment. CIMB’s Gold Deposit Account would give customers a gold-backed investment option without ...
http://www.phnompenhpost.com/index.php/2012070957291/Business/cimb-offers-gold-accounts.html
Economists See Growth Potential in Stock Exchange
Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...
Collaboration aims to bolster Cambodia’s cashew sector
The Cambodian government, European Union (EU), and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have joined forces to provide technical assistance for cashew cultivation, aiming to enhance the cashew industry’s growth and sustainability in the country ...
Mon Sokeo
https://kiripost.com/stories/collaboration-aims-to-bolster-cambodias-cashew-sector
Study of Angkor impact to be done
Apsara Authority on Wednesday signed a memorandum of understanding (MoU) with three Japanese companies to conduct a feasibility study to solve various environmental problems in the Angkor area. The MoU was signed between Bun Narith, director general of Apsara Authority, Shoichi Kobayashi, chairman of the Japan ...
http://www.phnompenhpost.com/index.php/2012083158397/Business/study-of-angkor-impact-to-be-done.html
Casino-Funded Election Committee Office Breaks Ground
The National Election Committee (NEC) broke ground yesterday on a $12-million tower being funded by the casino company NagaCorp that is set to take more than two years to complete and has drawn concern from election groups. At a ceremony that took place on National Assembly ...
Banks give students some tips
The first Banking Careers Forum, organised on Friday by CamEd Business School with the support of leading banks and Micro Finance Institutions (MFIs), attracted hundreds of students – the majority of them studying accounting and banking – to participate and find job opportunities in the ...
http://www.phnompenhpost.com/2013010760648/Business/banks-give-students-some-tips.html
Private side can spark investment
The government has called on private sector partnership for investment in Cambodia’s infrastructure; a move officials say will help funnel more foreign funds into the country. Speaking at a seminar on Public Private Partnership (PPP), the Minister of Commerce, Cham Prasidh, conceded that help was needed ...
http://www.phnompenhpost.com/2013070566681/Business/private-side-can-spark-investment.html
Increase in Customs Taxes Raises Retail Prices in Cambodia
Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/business/increase-in-customs-taxes-raises-retail-prices-in-cambodia-48461/
Japan to Open ‘State-of-the-Art’ Hospital in Phnom Penh
Phnom Penh could have its first international-standard medical facility if a Japanese plan to construct a critical-care center equipped with state-of-the-art medical technologies and highly trained doctors, nurses and surgeons goes ahead, according to local officials and Japanese government documents. Japanese Prime Minister Shinzo Abe announced ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/japan-to-open-state-of-the-art-hospital-in-phnom-penh-48433/
Environment plan passes unopposed
In a sitting of parliament yesterday that was rather more subdued than the vicious session that led to an opposition walkout a day earlier, a law to support an environmental program passed with bipartisan support. All but two of the 93 legislat-ors present voted in favour ...
Micro-life insurance on rise
When 46-year-old Than Thol got a $900 loan from Samic Microfinance last year, he took advantage of a little-known and lengthily worded insurance program called Measure for Economic and Accelerated Development for All, or MEADA. MEADA provides coverage for families of mostly lower-income borrowers in the ...
http://www.phnompenhpost.com/2013060466033/Business/micro-life-insurance-on-rise.html
Naga to mend fences with National Buddhist Institute
The owners of NagaWorld have agreed to replace the fences and gate of the National Buddhist Institute that were destroyed by the casino last year during the construction of an underground walkway. Prime Minister Hun Sen ordered the casino to make the repairs and in ...
Taing Vida
http://www.khmertimeskh.com/news/22353/naga-to-mend-fences-with-national-buddhist-institute/
Cambodia to get its first garment training institute
The Garment Manufacturers Association in Cambodia (GMAC) has inked an agreement with French international development agency – Agence Francaise de Development (AFD), for obtaining a loan of US$ 3.5 million to set up [sic] first garment training institute in the country. As per the agreement the ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=118660
Weak institutions hurting Cambodia’s growth, analyst says
Cambodia has undergone some reform to improve its institutions, but analysts say a lack of leadership is preventing deeper change. Strong political institutions are required for continued economic growth, but the capacity of Cambodia’s state institutions remains weak. ...
Ten Soksreinith
http://www.voacambodia.com/content/weak-institutions-hurting-cambodia-growth-analyst-says/2843134.html
Garment manufacturers plan institute to improve worker skills
The Garment Manufacturers Association in Cambodia wants to build a special school to improve Cambodian workers’ skills and make the country more competitive, but labor leaders say if the school is not provided for free, it won’t work. ...
Phorn Bopha
http://www.voacambodia.com/content/garment-manufacturers-plan-institute-to-improve-worker-skills/2943810.html
Cambodia To Become Lower-Middle-Income Nation By End of 2013: PM
Cambodian Prime Minister Hun Sen said Monday that the country would move from the status of a low-income to a lower-middle-income nation by the end of this year. “We acknowledge that we are in the status of a low-income country with GDP per capita of less ...
Transparency NGOs Call for CPP to End Parking Corruption
A group of NGOs released a statement Thursday calling on the CPP government of Prime Minister Hun Sen to begin its program of promised post-election reforms by ending the practice of overcharging for motorcycle parking outside of local markets. The Affiliated Network for Social Accountability-Cambodia, a ...
Ben Sokhean and Alex Willemyns
http://www.cambodiadaily.com/news/transparency-ngos-call-for-cpp-to-end-parking-corruption-48213/
Cambodia fights to balance Vietnam, China
When an ethnic Vietnamese crashed his motorcycle into an ethnic Khmer’s car in Phnom Penh’s Meanchey district last Saturday night, he was attacked by Khmers shouting the racially charged term for Vietnamese — “yuon” — and beaten to death. That an ordinary traffic accident turned into ...
The China Post News Staff
http://www.chinapost.com.tw/commentary/the-china-post/special-to-the-china-post/2014/02/24/401368/Cambodia-fights.htm
Cambodia mulls expressway development from capital to seaport, Vietnam
Cambodia is considering to develop two expressways in order to serve the growing extents of economy and trade, Tram Iv Tek, Minister of Public Works and Transport, said Tuesday. The first line will be from capital Phnom Penh to coastal Preah Sihanouk province in length of ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140527/cambodia-mulls-expressway-development-capital-seaport-vietna