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Councilors to Get Payouts Before Vote in Upcoming Elections

The ruling CPP will pay a bonus of 500,000 riel (about $125) to each of its commune councilors just weeks before they go to the polls to vote in the next elections for district, city and provincial councilors in May. According to a copy of a ...

Kuch Naren
http://www.cambodiadaily.com/news/councilors-to-get-payouts-before-vote-in-upcoming-elections-52704/

Foreigners buying Phnom Penh condos

The number of foreigners who bought condos in Cambodia increased by between 30 and 40 per cent in 2012 compared with 2011, a recent study showed, while 997 condo units currently belong to foreigners. Nuon Rithy, general manager of the Bonna Realty Group, said that according ...

http://www.phnompenhpost.com/2013013061082/Real-Estate/foreigners-buying-phnom-penh-condos.html

Gold Mines Blamed for Cattle Deaths Shut Down

Authorities in Battambang province’s Phnom Proek district shut down eight unlicensed gold mines Saturday and Sunday after a study revealed they were producing toxic runoff blamed for the deaths of three cattle last week, officials said. Deputy governor Pech Choun said four mines in the area ...

Cambodia farms at risk

Cambodian farmers are at high risk of being affected by climate change due to low levels of awareness, education and adaptation, with women particularly vulnerable, a study released yesterday says. The study, which surveyed farmers in the provinces of Battambang, Kampong Thom, Takeo and Prey Veng, ...

Charles Rollet
http://phnompenhpost.com/national/cambodia-farms-risk

Products edge closer to GI status

Feasibility studies on achieving Geographical Indication status for Thma Koul rice, Kampot durian and Cambodian golden silk have been completed, officials said yesterday. Ouk Prachea, secretary of state at the Ministry of Commerce, said the ministry was waiting for the results of the studies done by ...

Chan Muyhong
http://www.phnompenhpost.com/products-edge-closer-gi-status

Eating out on the up in capital

Phnom Penh residents are spending big bucks eating at restaurants, thanks to rising demand for high-quality meals among office workers and other members of the middle class, a new study by Park Cafe Food and Beverage revealed yesterday. The study estimated that about $1.53 million was ...

Hor Kimsay
http://www.phnompenhpost.com/business/eating-out-capital

Resurgent mobile deals could hurt margins, analysts say

‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say

Flights to Arrive From China’s Yunnan Province

An airline in China’s Yunnan province will begin offering flights from its capital, Kunming, to Phnom Penh and Siem Reap City, Council of Ministers spokesman Ek Tha said yesterday. ...

Ministry looking to close pension gap for officials

The Ministry of Social Affairs is looking for ways to bring old pension plans into line with pensions offered to more recently retired government workers.   ...

Sen David and Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-looking-close-pension-gap-officials

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/

Technical study presents positive findings on city light rail in PP, Siem Reap

China Metro Group conducting technical studies on the light rail transit system in Phnom Penh and Siem Reap province has reported a positive move in the studies, citing its commitment to make the projects successful. ...

Chea Vanyuth
https://www.khmertimeskh.com/501444019/technical-study-presents-positive-findings-on-city-light-rail-in-pp-siem-reap/

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

Solar sheds some light on Cambodian students

While it may be unpopular, nearly everyone has had to do homework. Yet for those living in communities with no or intermittent access to electricity, the ability to study at home is sometimes a luxury. In Cambodia, French non-profit association Lumières sur le Mékong – ...

Anmar Frangoul
http://www.cnbc.com/id/102564971

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 ...

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