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Over 100 protest in support of families cut out of rail deal

More than 100 people protested Thursday outside Poipet City Hall in support of 50 families in Phsar Kandal commune who were passed over when the government offered compensation to residents who ceded land for a railway project that displaced some 4,000 families across the country. ...

Aun Pheap
https://www.cambodiadaily.com/news/over-100-protest-in-support-of-families-cut-out-of-rail-deal-85462/

Ministries to push vocational training, starting in Svay Rieng

Starting next month, the ministries of education and labor will offer job counseling to students in Svay Rieng province as the first step in an effort to better match employment opportunities in the country with the skills of youth entering the workforce, the education minister ...

Maria Paula Brito and Mech Dara
https://www.cambodiadaily.com/news/ministries-to-push-vocational-training-starting-in-svay-rieng-85638/

Sok Bun begs for mercy

Property tycoon Sok Bun, wanted for the vicious attack of a former TV star, publicly pleaded for his freedom yesterday, pledging to relinquish his “oknha” title and offering his victim $100,000 in compensation, even as Interior Minister Sar Kheng called for his arrest. ...

Chhay Channyda and Charles Parkinson
http://www.phnompenhpost.com/national/sok-bun-begs-mercy

Chinese investment in Cambodia to diversify into SME finance

Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...

Sangeetha Amarthalingam
https://www.khmertimeskh.com/50555620/chinese-investment-in-cambodia-to-diversify-into-sme-finance/

Highland project launches land sales

The Highland De’ Canal project on the northern outskirts of the capital has launched its land sales on its 100 hectare side, with the first phase of sales offering 36 hectares at $80 to $90 per square meter, Khing Vannak, a major shareholder in the ...

Sum Manet
http://www.khmertimeskh.com/news/21603/highland-project-launches-land-sales/

Governor promises solution for remaining Borei Keila families

A working group within Phnom Penh City Hall is continuing its effort to help get compensation to Borei Keila families who have yet to accept the government’s offer, according to a Facebook post from Governor Pa Socheatevong, who led a discussion with community members on ...

Pav Suy
http://www.khmertimeskh.com/news/22698/governor-promises-solution-for-remaining-borei-keila-families/

PPAP seeks to generate $6.4M in IPO

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/ppap-seeks-generate-64m-ipo

Government undecided on new resettlement sites for evictees

A Finance Ministry official said on Sunday that the government had yet to decide whether it would comply with Asian Development Bank (ADB) rules that families facing eviction from along the country’s old railway tracks be offered resettlement options better than the ones they have ...

Zsombor Peter
https://www.cambodiadaily.com/news/government-undecided-on-new-resettlement-sites-for-evictees-102214/

Third tranche of port shares snapped up swiftly

The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ​ ...

Sum Manet
http://www.khmertimeskh.com/news/18432/third-tranche-of-port-shares-snapped-up-swiftly/

Longer visas for Chinese, Koreans

The government will offer three-year, multiple-entry visas to Chinese and South Korean investors in an effort to make doing business easier and increase investment in the Kingdom, the premier said during the first Cambodia-China Business and Financial Development Forum in Phnom Penh yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/32699/longer-visas-for-chinese--koreans/

Wing, BookMeBus team up

Wing and the online platform company BookMeBus have teamed up to offer bus tickets to the provinces and to Thailand, Laos and Vietnam. The service was officially launched on Friday with the first services available in Wing agencies in Phnom Penh.   ...

Chea Vannak
http://www.khmertimeskh.com/news/38596/wing--bookmebus-team-up/

Custodian could spur fund interest

The government is working on legislation that would create a framework for the establishment of a custodian bank in Cambodia, according to securities firms, which claim the absence of this institution could be deterring foreign investors from participating in share offerings on the local stock ...

Brian Ng
http://www.phnompenhpost.com/business/custodian-could-spur-fund-interest

Defense Minister warns against attempts to ‘topple’ government

Cambodian Defense Minister Tea Banh on Tuesday offered grave warnings to anyone who “tries to topple the current government.” The minister appeared to be addressing the opposition, which has said it will call for mass demonstrations if election reform is not enacted by the ruling Cambodian ...

Heng Reaksmey,
http://www.voacambodia.com/content/defense-minister-warns-against-attempts-to-topple-government/1873692.html

Valuers to meet in Siem Reap

Real-estate evaluators from the ASEAN Valuers Association (AVA) have met in Siem Reap in order to improve the industry. The AVA wants to develop the Cambodian real-estate market by assisting developers and investors. Those attending the conference share experience and ideals will offering training to ...

http://www.phnompenhpost.com/index.php/2011072050510/Business/land-pricing-valuers-to-meet-in-siem-reap.html

Phnom Penh SEZ gets $10M in investment

Two regional companies have invested nearly $10 million to acquire 14 million shares in the Phnom Penh Special Economic Zone Plc (PPSEZ) – one of five companies listed on the Cambodia Securities Exchange (CSX) – in what is considered the first ever private offering by ...

Kun Kourchettan
https://www.phnompenhpost.com/business/phnom-penh-sez-gets-10m-investment

Japan provides grant for demining

CMAC director-general Heng Ratana told The Post on Sunday that Japan has offered $3,536,680 for mine clearance throughout the Kingdom and another $300,000 for CMAC operations in Battambang province, which also involves supporting mine victims for 12 months starting from January 1 to December 31. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/japan-provides-grant-demining

PPSEZ sets timeline for delayed IPO launch

After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced yesterday that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on April 18 and hold a public roadshow ...

Kali Kotoski
http://www.phnompenhpost.com/business/ppsez-sets-timeline-delayed-ipo-launch

Share price set for port’s $5.2M IPO

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/share-price-set-ports-52m-ipo

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