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Airport deals in the spotlight

Opposition lawmaker Son Chhay has requested the government release its concession arrangement with the French company that controls Cambodia’s three international airports, alleging the Kingdom might be getting ripped off under the deal. Following a site visit to Phnom Penh International Airport two weeks ago, Chhay, ...

Chhay Channyda
http://www.phnompenhpost.com/national/airport-deals-spotlight

Acleda, PPCBank granted listing eligibility

Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility

No Information on World Bank Bribery Allegations in Cambodia

More than a week after the World Bank blacklisted a Canadian construction firm over bribes allegedly paid in Cambodia and Bangladesh, it was still unclear Thursday whether the government, or the national anticorruption body, are investigating the allegations. SNC-Lavalin Inc. was banned from World Bank contracts ...

http://www.cambodiadaily.com/news/no-information-on-world-bank-bribery-allegations-in-cambodia-20363/

EU Parliamentarian Finds Abuses Fueled by Trade Scheme

Sugar plantations that benefit from the European Union’s Everything But Arms (EBA) scheme, which allows preferential access to the E.U.’s market, have further impoverished Cambodia’s poor, and an investigation needs to be launched, a member of the European Parliament (MEP) said on Friday. Patrice Tirolien, MEP ...

Denise Hruby
http://www.cambodiadaily.com/news/eu-parliamentarian-finds-abuses-fueled-by-trade-scheme-51188/

Malaysian Insurance Institute signs agreement with Cambodia Insurance Ass’n.

The Malaysian Insurance Institute (MII) and the Insurance Association of Cambodia (IAC) have signed a Memorandum of Understanding (MoU) for “a bilateral collaboration to forge a beneficial business relationship to further enhance insurance knowledge and skills development for the insurance industry in Cambodia,” said a ...

Insurance Journal News Staff
http://www.insurancejournal.com/news/international/2014/03/03/321950.htm

Hyatt Overtakes Siem Reap’s Hotel de la Paix

Hyatt Hotels Co will open its first hotel in Cambodia next year by rebranding the well-known five-star boutique resort Hotel de la Paix, the company said in a statement on Tuesday. As part of the agreement, KS Hotels and Resorts, a Thai-based firm, will retain full ...

Groups launch initiative to improve sanitation

The United States Agency for International Development, the Stone Family Foundation, and iDe Cambodia, supported by Social Finance, yesterday launched a $10 million initiative to Develop market-based solutions for sanitation in six provinces. ...

Pech Sotheary
https://www.khmertimeskh.com/50661317/groups-launch-initiative-to-improve-sanitation/

Cambodia asks East Timor to import rice, sugar

Cambodia is seeking to export milled rice and sugar to East Timor, according to the Ministry of Commerce, with experts saying it will expand markets for the Kingdom’s agricultural products. ...

Chea Vannak
http://www.khmertimeskh.com/news/28511/cambodia-asks-east-timor-to-import-rice--sugar/

EU clarifies rice comments

While the European Union Trade Commissioner Karel de Gucht never told the Ministry of Commerce that Cambodian rice was “30 per cent” mixed with the same product from Vietnam, he did say Cambodia had to better ensure that its harvest was homegrown and not from ...

Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/eu-clarifies-rice-comments

EU trade commissioner visits Cambodia to boost ties

The European Union (EU) Trade Commissioner Karel de Gucht started his visit to Cambodia on Tuesday to bolster bilateral trade link. de Gucht held talks with his Cambodian counterpart Sun Chanthol and both sides agreed to further promote bilateral trade relations for mutual benefits, Ken Ratha, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-03/18/c_133195945.htm

Ministry screening Rio athletes for Zika virus

Cambodian athletes are being screened for Zika after returning from the Olympics in Rio de Janeiro, and health officials will monitor their health for two weeks in order to minimise any possible transmission, an official with the Ministry of Health said yesterday. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-screening-rio-athletes-zika-virus

UN calls for more action to reduce the impact of floods

Cambodia has been rebuilding after recently being hit by devastating floods that affected over one million citizens. These sudden natural disasters are tough to predict but the United Nations believes that more needs to be done to limit their impact. The BBC’s correspondent in Cambodia, Guy de ...

http://www.bbc.co.uk/news/business-17903675

Jan-Aug iron, steel imports up 20% on-year

Cambodia imported $244.754 million worth of “iron and steel” in the first eight months of 2022, up 19.97 per cent from the $204.018 million recorded over the same time in 2021, according to Customs. ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-iron-steel-imports-20-year

New film on the garbage dump kids

To mark 20 years of the work of NGO Pour un Sourie d’Enfant (PSE), a new film about the founders was premiered at the Chaktomouk Hall on Phnom Penh’s riverside on Friday evening when Queen Mother Norodom Monineath was the guest of honor. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/29610/new-film-on--the-garbage--dump-kids/

City to airport rail link

A railway linking Phnom Penh to its international airport is being planned, with passengers getting the chance to check in baggage and get boarding passes before they get on the train. The line would join the Phnom Penh to Preah Sihanouk track which runs past the ...

Chea Vannak
http://www.khmertimeskh.com/news/32780/city-to-airport-rail-link/

Feature: More Cambodian students seek degree in Chinese language

More and more Cambodian students have sought degree in Chinese literature as Cambodian- Chinese ties in economics, trade, investment, and tourism have been expanding rapidly in recent years. AEU is the only university in Cambodia providing Chinese language programs at degree levels since 2012 under ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140624/feature-more-cambodian-students-seek-degree-chinese-language

Cambodian Stock Exchange Set to Launch

The Cambodian Stock Exchange(CSX) has prepared its initial public offerings in a symbolic launch, though no public trading was offered. Finance Minister Keat Chhon and his South Korean partners hold a 49 percent stake in exchange. Two state-owned companies will go public including: the Phnom ...

De Castle Royal construction moves ahead at a princely pace

Even as political instability led to a drop in Phnom Penh’s housing market over the last few months, construction and sales of De Castle Royal steamed ahead in the third quarter. Now fully over the fallout from the 2008 global financial crisis, a recent $28 million ...

Hin Pisei
http://www.phnompenhpost.com/real-estate/de-castle-royal-construction-moves-ahead-princely-pace

PHNOM PENH CONDOMINIUM MARKET IS BOOSTED BY HIGH SALES RATES, PROMPTING FURTHER CONSTRUCTION

The condominium market in Phnom Penh is still very much within its early stage of development and thus is unlikely to flourish until there is a cultural shift towards owner occupants relocating to condominium developments within the city. This however will be heavily dependent on the ...

Cambodian Business Review Staff, P.18
http://www.cambisreview.com

Timor's help in draft oil law

Timor-Leste’s fledgling economy depends on oil and gas production and Cambodia is seeking assistance from Asia’s youngest nation to help develop its draft petroleum law which is expected to be adopted into legislation by the Council of Ministers next year. ...

May Kunmakara
http://www.khmertimeskh.com/news/27533/timor-s-help-in-draft-oil-law/

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