PPWSA stock offering slated to outperform
The Kingdom’s first initial public offering is fast approaching, and demand is expected to be robust. Book-building, the process during which bids for the IPO are taken and a price is set for shares, ended yesterday. The final offering price is expected before the subscription for ...
New Ranariddh party approved
Prince Norodom Ranariddh is officially back in the political game. The Ministry of Interior has approved the former prime minister’s Community of Royalist People’s Party (CRPP), Ranariddh’s cabinet chief, Noranarith Anandayath, said yesterday. ...
Vong Sokheng
http://www.phnompenhpost.com/national/new-ranariddh-party-approved
Cambodian Boy Becomes The 10th H5N1 Bird Flu Death Of The Year
A 9-year-old boy has become the 10th person this year to die of bird flu in Cambodia, the World Health Organization announced Monday. The U.N. agency said the boy from a village in northeastern Battambang province came down with fever and vomiting on July 26 and ...
Vietnam Airlines increases Cambodian flight frequency to 10 per week
Vietnam Airlines has added another six flights per week to bring its current four per week to 10. Vietnam Airlines first flight to Phnom Penh was on January 1 this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501008216/vietnam-airlines-increases-cambodian-flight-frequency-to-10-per-week/
Cambodia, Vietnam eye $10 billion bilateral trade in 2022
Cambodia’s Ministry of Commerce and Vietnam’s Ministry of Industry and Trade talked about boosting trade activities, pledging to push the bilateral trade volume to $10 billion by this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501063033/cambodia-vietnam-eye-10-billion-bilateral-trade-in-2022/
Cambodia looks to ignite female sports culture
Ahead of hosting the SEA Games the country’s Olympic Committee leader is trying to develop more elite female athletes. This means vaulting a culture barrier that currently keeps many parents from allowing their daughters to play sports. ...
Kristi Eaton
http://womensenews.org/story/athleticssports/150213/cambodia-looks-ignite-female-sports-culture
Vietnam needs more nuts
Cambodian cashew nut traders believe the market price for cashew nuts will increase, as demand from Vietnamese markets increases along with international demand. Vietnam’s domestic enterprise imported nearly 157,000 tonnes of raw cashew nuts in the first seven months of the year, mostly from Cambodia, ...
http://www.phnompenhpost.com/index.php/2012082458254/Business/vietnam-demands-more-cashew-nuts.html
Cambodia revising gambling laws to attract investment
The Cambodian government is in the process of amending its gaming laws in a bid to draw major casino operators, industry sources have confirmed to GGRAsia. Earlier on Tuesday, the Phnom Penh Post reported that the new draft of the national casino law could be finalised ...
GGRAsia News Staff
http://www.ggrasia.com/cambodia-revising-gambling-laws-to-attract-investment/
NagaWorld sees revenue jump 42% in first half
Cambodia’s largest casino NagaWorld’s gross gaming revenue (GGR) grew for the first semester this year by 42 per cent to $255.4 million, compared to the $180.3 million reported for the same period in 2014. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/nagaworld-sees-revenue-jump-42-first-half
Interministerial Prakas 098 on setting formulas for editing on retail price of gasoline in Cambodia
On 09 March 2016 a joint declaration on “Setting formulas for editing on retail price of gasoline in Cambodia” was signed to officially implemented by Ministry of Commerce, Ministry of Economy and Finance, and Ministry of Mines and Energy, which has been accomplished with 11 clauses. ...
Ministry of Commerce
Developers see near completion of cable-stayed bridge as positive for trade and property prices
Set to open next year, Cambodia’s first cable-stayed bridge is now more than 70 per cent complete, according the government. Chhim Phalla, director of the Ministry of Public Work’s Department of International Cooperation, which is overseeing the Neak Loeung Bridge and improvements to National Road 1, ...
Siv Meng and Sum Manet
http://www.phnompenhpost.com/real-estate/developers-see-near-completion-cable-stayed-bridge-positive-trade-and-property-prices
Rising flight prices impact tourism rebound
The rising price of air tickets are impacting Cambodia’s tourism rebound, which was hit hard by Covid-19, businesses said on Tuesday. ...
Seng Mengheng
https://kiripost.com/stories/rising-flight-prices-impact-tourism-rebound
Poor Inmates Face Worse Conditions Than Those With Money
KANDAL PROVINCE – At Kandal provincial prison on Monday, about 100 male and female prisoners and pretrial detainees assembled to play games and receive fruit and drinks from rights group Licadho, which is visiting 18 prisons around the country this week in a bid to ...
Lauren Crothers and Mech Dara
http://www.cambodiadaily.com/news/poor-inmates-face-worse-conditions-than-those-with-money-48965/
Villagers protest hike in electricity expense
More than 60 villagers from Kampong Cham province’s Stung Trang district staged a protest on Monday at Arak Tnort commune hall, demanding answers for a massive price hike that has accompanied the installation of electricity meters ahead of a planned switchover to state-provided power. Private company ...
http://www.phnompenhpost.com/national/villagers-protest-hike-electricity-expense
Lending by Cambodia's banks rises 6 pct as deposits grow 10 pct in Q1: central bank
Lending by Cambodia’s commercial banks rose by 6 percent while deposits grew by 10 percent in the first quarter of this year, a National Bank of Cambodia (NBC)’s report said Tuesday. The report said the country’s 34 commercial banks had lent a total of 7.87 billion ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-06/11/c_133397680.htm
CCC passes amendments on 10 articles of Trade Union Law
The Constitutional Council of Cambodia (CCC) on Thursday reviewed and approved the draft law on amendments to 10 articles of the Law on Trade Unions amid criticism from local and international civil society organisations. The amended articles, which were approved by the National Assembly in ...
Niem Chheng
https://www.phnompenhpost.com/national/ccc-passes-amendments-10-articles-trade-union-law
Credit Bureau marks 10 years of service
The Credit Bureau of Cambodia (CBC) is celebrating a decade of providing the invaluable service of credit reporting in Cambodia, creating a financial system when giving out loans. ...
Prak Chan Thul
https://kiripost.com/stories/credit-bureau-marks-10-years-of-service
Few benefits for Cambodia from Thai rice policy
Against the backdrop of the ongoing Thai government’s rice-pledging policy, Thai rice exports are expected to further decline this year. While it may provide opportunities for Cambodia, the country has not yet benefitted much from the policy, industry experts said. “I think the Thai rice scheme ...
Hor Namhong Asks for More Cash for Rail Project
Foreign Affairs Minister Hor Namhong made another appeal to Australia for additional funds to complete a behind-schedule project to rehabilitate the country’s railway network, this time to newly appointed Australian Ambassador Alison Burrows, according to a ministry spokesman. While work on the Southern Line of the ...
http://www.cambodiadaily.com/news/hor-namhong-asks-for-more-cash-for-rail-project-30272/
Cambodia’s petroleum imports decrease
The Kingdom imported 412,190 tonnes of petroleum in the first quarter of 2013, compared with 471,000 tonnes in the same period the previous year, a decline of 12 per cent, according to the Ministry of Commerce. A private sector representative said the drop does not mean ...
http://www.phnompenhpost.com/2013051565620/Business/cambodia-s-petroleum-imports-decrease.html