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Royal Group Denies Toll’s Exit From Local Railway Project

Royal Group chairman Kith Meng yesterday denied reports that Australian company Toll Holdings would be pulling out of a $140 million joint venture project to rehabilitate Cambodia’s railway system. Toll Holdings, in a joint venture with Royal Group, signed a 30-year contract with the government in ...

CSX part of a larger capital market system

The Cambodia Securities Exchange (CSX) is an important component of a larger ecosystem of capital markets, according to Eugene Lam, CEO of OSK Indochina Securities Ltd, one of Cambodia’s securities underwriters approved by the Securities and Exchange Commission of Cambodia (SECC). Lam says one of ...

http://www.phnompenhpost.com/index.php/Special-Reports/csx-part-of-a-larger-capital-market-system.html

Maid’s family seeks justice

The family of a Cambodian maid that officials suspect was tortured to death in Malaysia will fly there shortly to file a complaint against her employers, a government spokesperson said yesterday. Ministry of Foreign Affairs spokesperson Koy Kuong said the family of Mey Sichan, 22, from ...

http://www.phnompenhpost.com/index.php/2012040655463/National-news/maids-family-seeks-justice.html

Forces prevent Women’s Day march

Some 400 women from various associations, unions and civil society organisation were blocked by Phnom Penh municipal security forces from marching from the Olympic Stadium to the Council of Ministers to deliver a joint petition on International Women’s Day which fell on Friday. ...

Khorn Savi
https://www.phnompenhpost.com/national/forces-prevent-womens-day-march

Cambodian workers ‘vulnerable’ in Thailand

The Office Of the UN Resident Coordinator expressed concern on Thursday that some migrants working in Thailand are not enrolled in public health insurance schemes and that their children are unable to attend school. The Thailand Migration Report 2019 estimates that the country currently hosts ...

Khorn Savi
https://www.phnompenhpost.com/national/cambodian-workers-vulnerable-thailand

Siem Reap to welcome $27mln Cambodia-China Cultural Park

The Council for the Development of Cambodia, a government agency that oversees investment, last week approved a large-scale tourism project in Siem Reap. ‘Cambodia-China Cultural Park,’ the project will be developed by Angkor International Culture Investment & Development (Cambodia) Co., Ltd with a capital of ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50651322/siem-reap-to-welcome-27mln-cambodia-china-cultural-park/

Officials inspect water services

Officials on Friday inspected clogged water treatment facilities in Preah Sihanouk province following complaints that Sihanoukville’s growing rubbish problem is affecting water services. ...

Pech Sotheary
https://www.khmertimeskh.com/50540411/officials-inspect-water-services/

Company undeterred by PM’s order to restore beach

A prviate company filling Preah Sihanouk province’s Praek Treng beach with soil is reluctant to dredge it despite a direct order from Prime Minister Hun Sen. On September 18, the prime minister ordered Minister of Land Management, Urban Planning and Construction Chea Sophara to personally ...

Voun Dara
https://www.phnompenhpost.com/national/company-undeterred-pms-order-restore-beach

Exports to US soar in H1

Cambodia’s shipments to the world’s largest market grew by 30 percent from January to June, the data show. $2.24 billion worth of Cambodian goods were purchased by the US.   ...

Chea Vannak
https://www.khmertimeskh.com/50630230/exports-to-us-soar-in-h1/

Youths encouraged to become engineers

Senior government officials said yesterday that Cambodia needs about 35,000 engineers between 2018 and 2020 to serve in several sectors. Pich Sophorn, secretary of state at the Labour Ministry and also vice chairman of the Board of Engineers Cambodia, said yesterday at the board’s annual ...

Mom Kunthear
https://www.khmertimeskh.com/50484406/youths-encouraged-to-become-engineers/

UN panel notes problems in bid to foster gender equality

A UN women’s rights committee has praised the government’s efforts to promote gender equality and combat violence against women, but noted its concern that there are no provisions in the constitution that define direct or indirect discrimination against women. ...

Taing Vida
https://www.khmertimeskh.com/50658848/un-panel-notes-problems-in-bid-to-foster-gender-equality/

China’s rice imports from Kingdom on the rise

China imported 40 percent more rice from Cambodia from January to October this year over the same period last year, according to government data. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50659992/chinas-rice-imports-from-kingdom-on-the-rise/

Voice of America planning to discuss buying air-time

Voice of America (VOA) has contacted Beehive Radio FM 105 and Radio FM 102 to discuss buying air-time to broadcast again, they said. VOA had recently received approval from the Minister of Information to go on air. ...

Khorn Savi
https://www.phnompenhpost.com/national/voice-america-planning-discuss-buying-air-time

Major surge in micro lending, association says

Lending by microfinance institutions (MFIs) rose about 50 percent at an annualized rate during the first nine months of the year, according to the Cambodia Microfinance Association, which said the surge was sparked by economic stability and an increase in demand from clients wanting to ...

Sok Chan
http://www.khmertimeskh.com/news/17497/major-surge-in-micro-lending--association-says/

National bank to receive support from IFC

The International Finance Corporation (IFC) signed a Memorandum of Understanding with the National Bank of Cambodia (NBC) yesterday in a move that officials are predicting will usher in a new era of responsible corporate governing practices, transparency, financial risk management and public confidence in the ...

May Kunmakara
http://www.khmertimeskh.com/news/24858/national-bank-to-receive-support-from-ifc/

Cambodia-Finland air pact

Cambodia’s Secretariat of Civil Aviation signed a Memorandum of Understanding (MoU) on Monday with the Finland Civil Aviation Authority to open their skies and allow direct flights between the two countries. ...

Sum Manet
http://www.khmertimeskh.com/news/27466/cambodia-finland-air-pact/

Charting changes in Japanese FDI

Japan’s investment in Cambodia continues to grow and its investors are playing a leading role in developing and diversifying the Kingdom’s light industrial sector. ...

Hor Kimsay
http://www.phnompenhpost.com/business/charting-changes-japanese-fdi

Metered tuk-tuks making inroads in Phnom Penh

Cambodia’s first fleet of metered tuk-tuks is taking on the capital’s traditional business model for cheap motorised conveyance, where fare prices are usually settled by negotiations and customers often feel they were overcharged. ...

Matthieu de Gaudemar and Hor Kimsay
http://www.phnompenhpost.com/business/metered-tuk-tuks-making-inroads-phnom-penh

Business disputants file case for arbitration

The National Commercial Arbitration Centre (NCAC) received its latest case last week, marking just the third time that a commercial dispute has been brought to the independent dispute resolution body, its president said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/business-disputants-file-case-arbitration

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