The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...

Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...

The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...

The opening of the Cambodia Securities Exchange (CSX) was marked by a speech from Minister of Finance Keat Chhon, who urged three state-owned companies to speed up their initial public offerings. No companies, state-owned or otherwise are currently trading on the new market. Telecom Cambodia, ...

More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...

Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...

It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...

Prime Minister Hun Sen on Monday publicly announced that Education Minster will no longer sign the university diplomas which shall be signed at the university level. He said the reason to let the rectors sign the diplomas, is to promote the quality of education in ...

When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...

The European Union in efforts to reduce the poverty rate and secure a free society has awarded $4.5 mln to four projects. These projects will work to improve justice, natural resources, land rights, and build the capabilities of local authorities. Four projects were selected among ...

A prolonged court case between two French investors in Siem Reap’s landmark Victoria Angkor hotel is at a standstill after auditors ordered by the Supreme Court to examine the hotel’s finances were denied access to the books this week. In a dispute that goes back to ...

Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...

Smart Axiata in collaboration with the ministries of Education, Youth and Sport (MoEYS), and Posts and Telecommunication (MPTC), signed a three-year Memorandum of Understanding (MoU) on Tuesday to “develop future talents and digital corporate leaders”. As part of this, 20 scholarships will be offered to ...

Prime Minister Hun Sen yesterday responded to calls from acting opposition leader Kem Sokha for Cambodia’s “political family” to unite for the upcoming Pchum Ben festival, saying he would observe a “ceasefire” amid the escalating war of words between himself and the opposition. Speaking at a ...

The International Committee of the Red Cross (ICRC) is willing to offer assistance in future prison building projects, and in the preparation of prison management policies that are in line with international standards, the National Police website said on Tuesday. According to the website, the ICRC ...

Cambodia has marked its first Cassava Day with expectations of greater exports to China, one of the world’s big markets for the tuberous root.   ...

Twenty-one families whose houses were demolished during an eviction on Tuesday said yesterday that they planned to refuse an offer of houses, land and cash from the tycoon who now possesses their land. Villagers, however, will continue to discuss the offer in another meeting scheduled ...

In the past two years, the French embassy in Phnom Penh has been drawn into at least two high-profile cases in which their nationals have died in suspicious circumstances in Cambodia. In an attempt to improve forensic investigations in the Kingdom, the French embassy announced ...

Four Vietnamese women claiming to be working for a Vietnamese company attempted to obtain residency papers reserved for Cambodian citizens by bribing authorities in Ratanakkiri’s Sre Angkrang commune last week, police and an NGO said yesterday. The news comes as the government continues a “foreigner census” ...

Prime Minister Hun Sen is scheduled to preside over the handing out of diplomas to more than 2,000 students graduating from the Royal School of Administration. ...