New player joins busy telecom market
Starting today, Kingtel, a new internet and telecom service provider, will offer internet services to customers, with the company expected to launch call services within the next few months. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/new-player-joins-busy-telecom-market
Grab rolls out motorbike service in capital
Singapore-based ride hailing app Grab has added motorbike taxis to its inventory in Phnom Penh, becoming the first app of its kind to offer the popular motodop service. ...
Robin Spiess
http://www.phnompenhpost.com/business/grab-rolls-out-motorbike-service-capital
Port IPO opens to subscribers
Subscription for the initial public offering of Sihanoukville Autonomous Port (SAP) opened yesterday, with its underwriter predicting a strong investor response following an oversubscribed bookbuilding exercise late last month. ...
Cam McGrath
http://www.phnompenhpost.com/business/port-ipo-opens-subscribers
Startup Promises a Future for Former Boeng Kak Residents
In mid-August, on day seven of production at the Coco Khmer social enterprise, the team experienced a setback. Temperatures in the fermenting room must remain between 35 and 40 degrees to produce the organization’s virgin coconut oil, but the temperature on that rainy day refused to ...
Devon Geary and Mech Dara
http://www.cambodiadaily.com/news/startup-promises-a-future-for-former-boeng-kak-residents-41532/
Borei Keila residents herald pledge of aid
Borei Keila evictees who have been sleeping in stairwells near where their houses once stood said yesterday the Phnom Penh municipal authority had promised to help them find homes. Ka Rohanny, 35, a representative of the evicted residents, told the Post Kiet Chhe, deputy administrative president ...
Private firms plan CSX IPOs
A logistics firm and two garment manufacturers planned to list on the Cambodia Securities Exchange during the second half of 2012, underwriter Phnom Penh Securities said yesterday. The companies are the first known private businesses to confirm their intentions of listing on the Kingdom’s still-dormant bourse. Manufacturing ...
http://www.phnompenhpost.com/index.php/2011110352509/Business/private-firms-plan-csx-ipos.html
Country’s First Life Insurance Firm Enters Market
The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...
Railway Family Payouts Could Be Increased
The government and the Asian Development Bank (ADB) will start drafting a new resettlement plan this month that could improve the compensation on offer for some of the roughly 200 Phnom Penh families losing their homes because of rehabilitation of the country’s railway network in ...
Student questioned over Facebook comment
The Phnom Penh Municipal Court on Tuesday questioned a university student who was arrested last month after he called for a “color revolution” in a Facebook post, his lawyer said. ...
Ouch Sony
https://www.cambodiadaily.com/news/student-questioned-over-facebook-comment-94349/
Hun Sen chides Suu Kyi on Rohingya, Greece’s Tsipras on hasty campaign promises
Prime Minister Hun Sen broke his avowed silence on Myanmar’s “Rohingya issue” to make a political point – and fresh election promises – at a university graduation ceremony yesterday. ...
Ben Sokhean and Erin Handley
http://www.phnompenhpost.com/national/hun-sen-chides-suu-kyi-rohingya-greeces-tsipras-hasty-campaign-promises
Premier calls for support for veterans
Prime Minister Hun Sen yesterday announced he would be personally helping the families of 100 dead veterans every year and called on others to offer financial help, according to reports. ...
Mom Kunthear
http://www.khmertimeskh.com/news/26381/premier-calls-for-support-for-veterans/
Chinese corners opened in Cambodia to boost language learning
The Confucius Institute of the Royal Academy of Cambodia on Tuesday launched Chinese Corners at the Ministry of Culture and Fine Arts and the Royal University of Fine Arts. ...
Ecns.cn News Staff
http://www.ecns.cn/2015/07-15/173177.shtml
Thai, Cambodian SEC sign pact on capital markets
Cambodia and Thailand’s Securities Exchange and Commission (SEC) yesterday signed a memorandum of understanding (MoU) on mutual cooperation for capital market development through cross-listing, dual listing and depositary receipt offerings. ...
Bangkok Post Staff
https://www.bangkokpost.com/business/1752539/thai-cambodian-sec-sign-pact-on-capital-markets
Unstoppable worker outflow dims Cambodia's future prospects
Despite Thailand’s latest effort to stem the flow of migrants, workers from Cambodia continue to cross the border, as they try to flee an economy that offers little reward for their work. ...
Danielle Keeton-olsen
https://asia.nikkei.com/Spotlight/Drifting-Cambodia/Unstoppable-worker-outflow-dims-Cambodia-s-future-prospects
Kampot holdouts take compensation, move out
Six families in Kampot City accepted compensation of $3,000 each on Monday for their houses situated on a road that authorities want to expand, after initially rejecting the offer last week. ...
Ben Sokhean
https://www.cambodiadaily.com/news/kampot-holdouts-take-compensation-move-out-93702/
Equity fund takes stake in iCare
A Singapore-based private equity fund manager has acquired a significant minority stake in iCare Benefits (Cambodia) Co Ltd, an employee benefits programme offered to enterprises that operate in the Kingdom. ...
Kali Kotoski
http://www.phnompenhpost.com/business/equity-fund-takes-stake-icare
RDB unveils new identity
The state-owned Rural Development Bank on Monday announced it will rebrand as the Agriculture Development Bank within the next couple of years, offering a wider range of funds and banking services. ...
Sok Chan
http://www.khmertimeskh.com/5077255/rdb-unveils-new-identity/
Wage talks remain in deadlock
The third day of negotiations between members of a working group trying to reach a consensus on the minimum monthly garment wage remained stagnant yesterday, as manufacturers refused to budge from their $110 offer. ...
Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/wage-talks-remain-deadlock
Interesting times for Phnom Penh office market
Worldwide, office demand stemmed from the automotive, high-tech and energy industries. The latter is evident in Cambodia, where drilling off the coast near Sihanoukville has helped to increase office demand. Thus, companies such as Total and Chevron are large office occupiers, and new Japanese oil ...
Financial Technology exhibit on way
The Ministry of Economy and Finance will organize its first ever ‘Fintech Stage’ exhibition in Cambodia to promote the digital economy. The Fintech Stage will join the Cambodia tech Expo 2022, to be held from November 11-13 at the Koh Pich Convention and Exhibition Centre. ...
Ry Sochan
https://www.phnompenhpost.com/business/financial-technology-exhibit-way