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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

Staffers walk at tech NGO

More than 100 work-study participants employed by NGO Digital Divide Data (DDD) in the capitol’s Chamkarmon District jumped on the strike bandwagon on Monday, demanDing the same monthly wage garment workers are calling for, a union representative said yesterday. Employees are charged with transforming physical documents ...

Chhay Channyda and Amelia Woodside
http://www.phnompenhpost.com/national/staffers-walk-tech-ngo

New underground roads said to ease congestion in Phnom Penh

The Phnom Penh Municipal Hall is studying the possibility of building three new underground roadways in the capital to ease traffic congestion. Meas Pheakdey said on Wednesday that municipal specialists are busy studying the potential impacts of the roads and estimating costs. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/new-underground-roads-said-ease-congestion-phnom-penh

Sar Kheng proposes additional job search help for all new graduates

Minister of Interior Sar Kheng has requested that the Ministry of Education, Youth and Sport conduct a study on establishing education centres along the lines of the One Window, One Service offices to assist students with finding employment after they finish their studies. ...

Voun Dara
https://www.phnompenhpost.com/national/sar-kheng-proposes-additional-job-search-help-all-new-graduates

Cambodia to study upgrade of existing railway to a high-speed railway from Poipet-Phnom Penh-Sihanoukville

Prime Minister Hun Sen , Head of the Royal Government has instructed the Ministry of Public Works and Transport to study the feasibility of improving the existing railway system in Cambodia into a high-speed railway. ...

Khmer Times Staff
https://www.khmertimeskh.com/501065341/cambodia-to-study-upgrade-of-existing-railway-to-a-high-speed-railway-from-poipet-phnom-penh-sihanoukville/

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

Camko city denies land sale

After a real estate agent was convicted of illegally selling plots of land within Camko City development project, a senior figure at developer World City stressed yesterday that at present no land was for sale and warned that any offers were fraudulent. ...

Sum Manet
http://www.khmertimeskh.com/news/31193/camko-city-denies-land-sale/

CNRP vexed as CPP continues to call Sokha’s presidency illegitimate

Opposition lawmakers yesterday left a meeting at the Interior Ministry exasperated, as officials from the latter continued to deem the presidency of their leader, Kem Sokha, and the vice presidency of three senior lawmakers, illegitimate, but offered no clear path to a resolution. ...

Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-vexed-cpp-continues-call-sokhas-presidency-illegitimate

Vietnam asked to invest in rubber

During a meeting last week with a Vietnamese rubber association, Minister of Agriculture Veng Sakhon reminded Vietnamese investors of the many opportunities that the Cambodian agricultural sector offers and asked them to come to the kingdom to establish rubber and cassava processing factories. ...

Chea Vannak
http://www.khmertimeskh.com/5089361/vietnam-asked-invest-rubber/

Central bank sets interest rate ceiling, sparking fears

The National Bank of Cambodia announced on Monday that it would set an annual interest rate ceiling of 18 percent for all microfinance institutions (MFIs), sparking concerns that lenders would stop offering smaller loans that often keep the most financially vulnerable afloat. ...

Hang Sokunthea
https://www.cambodiadaily.com/news/central-bank-sets-interest-rate-ceiling-sparking-fears-126483/

Cassava exports up, prices low

Though the export of cassava from Cambodia to foreign markets increased by more than 50 percent in 2016, compared with previous years, export earnings were still low due to below-market-prices offered by buyers in Thailand and Vietnam.   ...

Chea Vannak
http://www.khmertimeskh.com/news/37174/cassava-exports-up--prices-low/

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