Trading on Cambodia’s stock exchange has begun for the first time after a state-run company completed its initial public offering. Some 13 million shares of the state-run Phnom Penh Water Supply Authority were offered at 6,300 riel ($1.57) per share. The stock exchange was officially launched in ...

It will not be enough for Apple to simply offer a cheaper iPhone for the company to gain share in the competitive Cambodian smartphone market, according to industry insiders. They say Apple’s operating system, iOS, may also restrict their potential growth. Bloomberg last week reported that Apple ...

Senators yesterday unanimously agreed to pass the National Strategic Development Plan of 2019-2023 worth $57.7 billion in capital. In order for the budget plan to be finalised, it will need to be reviewed by the Constitutional Council and approved by the King. The vote was held ...

Hong-Kong-based fintech firm Kiwi Pay Group Co Ltd (KiwiPay) announced a strategic merger with Cambodian food and grocery delivery start-up Meal Temple Group Pty Ltd to enter more developing markets with a new app called KiwiGo. ...

Prime Minister Hun Sen has called on Chinese tech giant Huawei to continue to cooperate with the Ministry of Post and Telecommunications on training the local workforce and help Cambodia procure the latest technology to ensure cyber security and competition.   ...

There are other companies operating in similar form to disgraced former Oknha Leng Channa’s now-defunct Brilliant City World Co Ltd, which secretly defrauded people, Ky Tech, head of the government’s legal team, warned during a meeting attended by 267 people from several provinces in Phnom ...

Despite receiving applications from banks looking to enter Cambodia’s market, the central bank has said it will offer no more commercial banking licenses as the market already has enough players. The decision appears to follow advice offered by the International Monetary Fund earlier this year that ...

Fifty families who have lived in squalid conditions at Borei Keila in the capital’s Prampi Makara district since they were evicted and their homes destroyed have accepted City Hall’s offer of temporary shelter at the site, their representatives said yesterday. Evictee Sar Son said the 50 ...

Generally, funds can be obtained from banks and other financial institutions, fund management companies, family members, friends or a securities market by issuing equity and/or debt securities. This article will outline the requirements, mechanisms, procedures and approval for the public offering of equity securities. ...

Mean Nara, ODC’s Senior Mapper, spoke to the audience about the launch of the GeoServer.On April 30, the ODC team hosted a monthly Phnom Penh Mapping Meet-up (PPMM), in which ODC, Atlas, and Sahmakum Teang Tnaut presented on the recent project updates and results. As ...

High school and university students, considered particularly at risk of road accidents, may soon be taking lessons on the new traffic law if a proposal from the Transport Ministry comes to fruition. Tram Iv Tek, minister of public works and transport, yesterday said that the government ...

Cambodia has made great strides in recent years, both in terms of economic growth and key health indicators like life expectancy and infant, child and maternal mortality rates. The country reached lower-middle income status in 2015 and was advancing steadily toward Universal Health Coverage (UHC) ...

About a decade ago, global manufacturing firms staged a mass exodus to Asia in search of low-cost alternatives to increasing domestic wage demands and operational costs. The consensus was the continued development of a regional supply chain that had formed in countries like Vietnam and Indonesia, ...

Barcamp ASEAN 2017 took place on October 21-22, at Institute of Technology of Cambodia (ITC), Phnom Penh, Cambodia. The principle of the camp is to bring and gathers together the participants in Cambodia and the regional for the open exchange of knowledge, skills, and experiences on how ...

The governor of Phnom Penh’s Chroy Changva district Wednesday ordered the private firm heading a $3-billion real estate project on the peninsula to temporarily stop pumping sand onto land being contested by about 40 local families, but urged the families to reconsider the compensation on ...

A senior official of the Cambodian government on Saturday welcomed Chinese Premier Li Keqiang’s pledge of 3.09 billion U.S. dollars aid to the Greater Mekong Subregion (GMS) member countries, saying the offer is essential for socio-economic development and poverty reduction. The offer includes 1 billion ...

On 2 October 2023, the Ministry of Posts and Telecommunications issued a press release on the official launch of the “Digital Skills Development Program” and the signing ceremony of the Memorandum of Understanding on cooperation on raising awareness and promoting digital skills development between Ministries ...

A university student in Siem Reap province was detained and sent to court yesterday after allegedly posting a death threat against Deputy Prime Minister Sar Kheng on the social networking site Facebook.Tao Savoeun, a 26-year-old graduate of the university of South-East Asia, located in Siem ...

In an internal report released this week, the Ministry of Education gave itself high marks for the access to education it offers disabled children, offering a rundown of successes in the field dotted with green checkmarks, not unlike a school report card. However, though the ministry ...

With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...