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Thai life insurer to enter local market

Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/thai-life-insurer-enter-local-market

Trade fair fees reduced for local garment firms

Germany-based apparel industry trade fair organiser Messe Frankfurt France signed a memorandum of understanding with the Garment Manufacturers Association in Cambodia yesterday to offer discounted exhibitor fees to Cambodian manufacturers in a deal valued at €400,000 ($450,000). ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/trade-fair-fees-reduced-local-garment-firms

Briq enters the Cambodia market

Creative agency Briq has expanded to Cambodia, its second office globally after first launching in Singapore four years ago. Briq International Cambodia will offer marketing and communication solutions – creative, production, digital services, strategic planning and research, content development, public relations, media and activation. ...

Marketing Interactive News Staff
http://www.marketing-interactive.com/briq-enters-cambodia-market/

OCIC pitch ‘disappoints’ Chroy Changvar disputants

Residents on Phnom Penh’s Chroy Changvar peninsula embroiled in a land dispute with tycoon Pung Khieu Se’s Overseas Cambodia Investment Corporation were to submit a petition to City Hall today following a new compensation offer from the authorities last week. ...

Khouth Sophak Chakrya and Daniel Pye
http://phnompenhpost.com/national/ocic-pitch-%E2%80%98disappoints%E2%80%99-chroy-changvar-disputants

Asylum seekers on fast track to Cambodia, group says

As many as five of the hundreds of asylum seekers Australia is holding on the South Pacific island nation of Nauru have agreed to be the first to take up an offer from Cambodia to resettle here, according to a refugee advocacy group. ...

Zsombor Peter
https://www.cambodiadaily.com/news/asylum-seekers-on-fast-track-to-cambodia-group-says-82208/

Australia makes video pitch for Cambodia to asylum seekers

The Australian immigration minister on Wednesday made a blunt videotaped pitch to asylum seekers detained on the Pacific island of Nauru to accept a resettlement offer while stressing they should forget about ever moving to Australia. ...

Steve Herman
http://bit.ly/1K7a67U

We want your business, UN tells local firms

The $1.6-billion Untac mission of the early 1990s injected a huge amount of money into Cambodia’s economy. Now, the U.N. wants to pump millions more into the country—this time by buying up the offerings of local businesses. ...

Kang Sothear and Chris Mueller
https://www.cambodiadaily.com/news/we-want-your-business-un-tells-local-firms-85035/

Border meeting ends with champagne, no details

At the end of the third and final day of the meetings of the Joint Border Committee in Phnom Penh on Thursday, the Cambodian and Vietnamese delegations clinked champagne glasses during a public signing ceremony and departed, offering no details about their negotiations. ...

Khuon Narim
https://www.cambodiadaily.com/news/border-meeting-ends-with-champagne-but-no-details-87800/

Market plans inspire rally

Nearly 200 vendors from Phnom Penh’s Doeum Kor Market gathered in Wat Botum Park yesterday to offer a petition asking Prime Minister Hun Sen to block city plans to demolish and replace the market with a multi-storey building. ...

Pech Sotheary
http://www.phnompenhpost.com/national/market-plans-inspire-rally

CNRP tells donors to retrieve their funds

A district official with the Cambodia National Rescue Party has offered a group of disgruntled donors in Kandal their money back after they lodged a complaint with local police over the opposition’s fundraising efforts for its Sun TV station. ...

Chhay Channyda
http://www.phnompenhpost.com/national/cnrp-tells-donors-retrieve-their-funds

Minister urges graduates to continue studies and be ‘skilful intellectuals’

Minister of Education, Youth and Sport Hang Chuon Naron on Thursday encouraged recent graduates to continue their studies and become “skilful intellectuals”. The minister’s remarks were made during the Limkokwing University graduation ceremony in Phnom Penh’s Tonle Bassac commune. ...

Voun Dara
https://www.phnompenhpost.com/national/minister-urges-graduates-continue-studies-and-be-%E2%80%98skilful-intellectuals%E2%80%99

Drug factory found by students

Members of the Environment and Natural Resources Student Network, which is made up of students from six universities, found a factory processing an indigenous vine believed to be used in the production of narcotics in Koh Kong province last week.​ ...

May Titthara
http://www.khmertimeskh.com/news/32304/drug-factory-found-by-students/

Cambodia needs about US$ 200 million annually for climate change adaptations

According to the Copenhagen Accord hosted in Denmark, developed countries had to provide US$ 30 billion for 2009-2012 to kick start emissions reduction measures for the less-developed countries and promised to offer US$ 100 billion for long term finance a year by 2020. “Cambodia needs approximately ...

http://thesoutheastasiaweekly.com/

Cambodia's first IPO nears

Cambodia’s first initial public offering is fast approaching, and demand is expected to be robust. Bookbuilding, the process during which bids are taken and a price set for shares, ended last Wednesday for Phnom Penh Water Supply Authority (PPWSA). The final offering price will be announced ...

http://www.bangkokpost.com/business/economics/284959/cambodia-first-ipo-nears

PPWSA edges closer to IPO

As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price  no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...

http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html

Cambodia Post launches e-payment, money transfer app

In a bid to modernise its offer of services, Cambodia Post, the state agency responsible for providing postal service in the Kingdom, on Friday unveiled a new application that enables electronic payments for a range of services as well as money transfers. ...

Sok Chan
https://www.khmertimeskh.com/50499269/cambodia-post-launches-e-payment-money-transfer-app/

Chinese carrier launches direct flight to Cambodia's Sihanoukville

Lucky Air has launched direct flights from Kunming to Sihanoukville, becoming the first Chinese carrier to offer year-round regular scheduled service to the coastal Cambodian city, a local English newspaper reported on Thursday, citing an airline executive. ...

Xinhua News Staff
http://www.chinadaily.com.cn/business/2015-12/03/content_22618731.htm

Port begins roadshow for IPO with cautious optimism

PHNOM PENH Autonomous Port (PPAP) began it roadshow yesterday to attract investors ahead of its initial public offering (IPO), saying the share price will range between $1.08 and $1.50 and that 35 percent of them had already been booked.   ...

Sum Manet
http://www.khmertimeskh.com/news/16919/port-begins-roadshow-for-ipo-with-cautious-optimism/

Kantha Bopha gifted royal residence

The King and Queen Mother have awarded a royal residence in Koh Kong province to the director of the Kantha Bopha Children’s Hospitals in a bid to relieve the financial burden on the facilities, which offer free treatment to all patients. ...

Chhay Channyda
http://www.phnompenhpost.com/national/kantha-bopha-gifted-royal-residence

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