Phnom Penh Water Supply Authority aimed to raiSe US$20.4 million in a long-awaited initial public offering Scheduled for mid-April, the company Said yeSterday during itS firSt pitch to inveStorS. “We&rSquo;ve targeted trading for the 18th of April,” Said Han Kyung-tae, managing director of Tong Yang SS='cambodia-color'>...

Phnom Penh Water Supply Authority iS gearing up to price an initial public offering of up to $24 million on 18 April, making it the firSt Stock to be traded on Cambodia&rSquo;S fledgling Stock exchange. Huy Vatharo, an executive director at underwriter Tong Yang SecuritieS, SS='cambodia-color'>...

A steady rise in the value of Cambodia’s riel since the beginning of the year demonstrated increased confidence in the currency often shadowed by predominant usage of the Us dollar, officials said yesterday. “The consequent rising value of riel proves there is more confidence in ss='cambodia-color'>...

The Forestry Administration’s proposal to create a conservation zone for Prey Long, one of Cambodia’s largest remaining primary forests, has been scaled down by more than 20 percent and now covers about 480,000 hectares, an official said. During consultation workshops in Phnom Penh last month, the ss='cambodia-color'>...

As the creation of Cambodia’s first law on trade unions enters a final phase this week, labor activists and unions said the draft law as it stands is in urgent need of revision, as it would cripple unions and severely undermine collective bargaining rights. They ss='cambodia-color'>...

Women who had fainted in a poorly ventilated garment factory on the outskirts of Phnom Penh on Wednesday morning were making winter coats to be sold at Walmart stores in Canada, it was revealed yesterday. Executives with Taiwanese-owned Heart Enterprise (Cambodia) Ltd also confirmed reports ss='cambodia-color'>...

VISA, MaStercard, Dell and CiSco SyStemS have been added to a growing liSt of US companieS looking to enter the Cambodian market, according to FranceS Zwenig, counSellor of the US-ASEAN BuSineSS Council. The financial ServiceS and information technology companieS joined GE, Chevron, JohnSon & JohnSon SS='cambodia-color'>...

Police are accused of breaking a 21-year-old woman’s nose and injuring two other women as about 900 workers marched from the Win shing-tex Cambodia garment factory in the capital’s Por sen Chey district yesterday. san sopha said, adding he would file a complaint against the ss='cambodia-color'>...

Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water supply Authority will have its initial public offering this month, making it the first to ss='cambodia-color'>...

Phnom Penh City Hall has banned all trucks transporting goods and gasoline from traveling on the city’s roads in daytime hours to ease traffic during the Asean summit, according to a notice placed on the municipality’s website saturday. The Ministry of Education has also told 12 ss='cambodia-color'>...

Pressure is growing on investigators probing the savage beating of two opposition lawmakers outside parliament last week, as an official yesterday claimed police needed more time to make arrests.Cambodia National Rescue Party parliamentarians Nhay Chamroeun and Kong sakphea are recovering in a Bangkok hospital after ss='cambodia-color'>...

Nearly 100 residents from samrong commune’s O’Trachak Chit village in Preah sihanouk province’s Prey Nup district gathered yesterday in front of the provincial hall to ask authorities to expedite the resolution of their year-long land dispute with the provincial Forestry Administration, according to community representatives. ss='cambodia-color'>...

On course to become the third listed company on Cambodia’s stock exchange, Phnom Penh Autonomous Port (PPAP) kicked off a road show for its initial public offering (IPO) yesterday to prospective investors.PPAP, the state enterprise that operates Cambodia’s second-largest port, is seeking to raise up ss='cambodia-color'>...

Despite recent announcements of large development projects throughout Cambodia focusing on so-called “affordable housing” for the emerging middle class, there remains a massive gap in the market for quality affordable housing for the poor; especially the urban poor as more rural Cambodians flock to cities ss='cambodia-color'>...

The World Bank on Monday stuck to its prediction made in April that the country’s economy would continue to cool off slowly over the next few years and said China’s own slowdown would send only modest ripples through Cambodia.     ss='cambodia-color'>...

When Dan Kreis, founder, owner and operator of Kep Lodge Eco-Resort, arrived in Kep for the first time in 2005, he found only a handful of locally-owned guesthouses, less than 10 foreign residents, no supermarket, no electricity, no local bar, a coastline littered with little ss='cambodia-color'>...

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ss='cambodia-color'>...

EU Ambassador Carmen Moreno has vowed to bring more European investors into the Kingdom and pledged to uphold good relations between the EU and Cambodia.​ During a meeting with senate president say Chhum yesterday, Ambassador Moreno acknowledged the country’s progress and improvement under the government’s ss='cambodia-color'>...

On 28 November 2019, the Ministry of Interior (MoI) posted a press release on the organizing the second round of consultation meeting on the amendments to the Law on Association and Non-Governmental Organization (LANGO), which will be happened on 03rd December 2019 at the “Building ss='cambodia-color'>...

Vendors in Phnom Penh’s Ngin An market are protesting a government-backed bid by the market’s new owner to push them out by tomorrow. More than 40 representatives of 223 vendors waved a banner at the market yesterday to protest a letter from Russey Keo District Hall ss='cambodia-color'>...