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As European leaders try to save the euro, uncertainty about fallout in Cambodia if they don't succeed

It’s after midnight in Sihanoukville and British teenagers are clogging the walkways, pushing past one another to drain free shots at the bars. In Kep, elderly French tourists sun themselves at the upscale Sailing Club while Spaniards and Germans eye the offerings at Phnom Penh’s Central Market. In spite of the growing fears ...

http://www.etmcambodia.com/blog.php?article=502

Bank to study loan possibilities for rice

Delegates from the Import-Export Bank of China will visit Cambodia next week to discuss loans for the rice-processing and exporting sector, according to government officials. Son Kunthor, presiDent of the state-owned Cambodian Rural Development Bank, said yesterday that Chinese Delegates will come to study the feasibility of ...

http://www.phnompenhpost.com/index.php/2012081457965/Business/china-bank-to-study-loan-possibilities-for-rice.html

Stirrings from B Kak developer

After months of inactivity that has fueled questions about the company’s future, Boeung Kak lake developer Shukaku Inc has launched a recruitment drive, calling for at least half a dozen architects, engineers and other employees. When contacted yesterday, Sok Heng Ly, an administrative employee listed in the ...

http://www.phnompenhpost.com/index.php/2012092858978/National-news/boeung-kak-lake-developer-makes-moves.html

Cambodia Angkor Air expands its international network

For a long time, Cambodia’s national carrier Cambodia Angkor Air (CAA) served only as a feeder carrier to its shareholder Vietnam Airlines. Three lines were then in service on routes linking Phnom Penh to Siem Reap, Phnom Penh-Ho Chi Minh City and finally Siem Reap-HCMC. ...

http://www.traveldailynews.asia/news/article/51485/cambodia-angkor-air-expands-its

Cambodian PM greets large group of Chinese businesspeople

Cambodian Prime Minister Hun Sen on Thursday met with a large group of Chinese business executives visiting Cambodia to explore investment opportunities. To date, he said, the Sino-Cambodian relationship has reached the level of the Comprehensive Strategic Partnership of Cooperation. The premier said China has helped ...

http://news.xinhuanet.com/english/world/2013-02/28/c_132199209.htm

Cambodia Joins Stocks Party

Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...

http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html

Luxury tourism slowly on the rise

A helicopter flight tour to Preah Vihear is just one part of the 10-day Cambodia Immersion for Millionaires Tour launched this week. The cost per person? $25,000. According to Christopher Gramsch, sales manager for organiser Khiri Travel Cambodia, there is increasing demand among high-spending travellers and ...

http://www.phnompenhpost.com/2013042565220/Business/luxury-tourism-slowly-on-the-rise.html

Californian Winery Enters Cambodian Market

California-based winery E. & J. Gallo has entered Cambodia and is offering four of its more economically priced brands in an effort to introduce locals to wine without breaking their budget, company representatives said Monday. “Cambodia, as well as other markets in Asia, is perfect for ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/californian-winery-enters-cambodian-market-46863/

Unions Want Government, Factories to Resume Wage Talks

The unions behind several days of strikes that turned deadly this month said they will officially ask the Labor Ministry today to resume negotiations on a new minimum wage for the country’s critical garment sector, and said they would hold more street protests if their ...

Aun Pheap
http://www.cambodiadaily.com/news/unions-want-government-factories-to-resume-wage-talks-50451/

New provider CooTel launches in Kingdom

Telecommunications company Xinwei (Cambodia) Telecom Co Ltd, operating under the CooTel brand, officially launched in Cambodia yesterday, being the first operator to offer 4G technology in the country, a company statement released yesterday said. “CooTel strongly believes it will be successful in entering the Cambodian market ...

Post Staff, P.8
http://www.phnompenhpost.com

Officials ‘take cut’ of dam compensation

Officials involved in negotiating compensation offers between the developers of the Lower Sesan II dam and affected villagers have kept a portion of the money paid out to 12 families for themselves, according to an official. Duong Pov, Stung Treng provincial administration director, claimed that a ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/officials-%E2%80%98take-cut%E2%80%99-dam-compensation

Villagers spurn firm’s ‘gifts’

A plantation company with its sights set on a community forest long used by local ethnic minority Jarai in Ratanakkiri’s O’Yadav district arranged a meeting with more than 200 villagers this week to try to persuade them to sign over the woodland. Representatives of the Heng ...

Phak Seangly
http://www.phnompenhpost.com/villagers-spurn-firms-gifts

One family settles land dispute, 2nd holds out

One of two Phnom Penh families involved in a long-running land dispute with a powerful real estate tycoon accepted the businessman’s latest compensation offer during negotiations Tuesday brokered by the Housing Rights Task Force, though the other family has continued to hold out. The two families, ...

Ben Sokhean
http://www.cambodiadaily.com/news/one-family-settles-land-dispute-2nd-holds-out-65812/

PPCBank bond trades on secondary market

In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...

May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market

CTEP gifts laptops to coding students at two high schools

Minister of Education, Youth and Sports Hang Chuon Naron said the ministry’s long-term goal is to establish at least one technical high school in each province and require each young person to have acquired at least one professional skill. There are currently 18 technical educational ...

Voun Dara
https://www.phnompenhpost.com/national/ctep-gifts-laptops-coding-students-two-high-schools

Capital hosts ‘people’s congress’

More than 1,000 people from civil society organisations and community groups have gathered for a three-day “People’s Assembly” in Phnom Penh to express their views and offer agenda items that it would like the Cambodian government to submit to the ASEAN leaders who would attending ...

Long Kimmarita
https://www.phnompenhpost.com/national/capital-hosts-peoples-congress

NSSF health coverage for more groups

The National Social Security Fund (NSSF) plans to offer free healthcare to new target groups under a new programme. The first and largest group includes vendors and those who work in related informal jobs, like street vendors. He added the other target groups include digital ...

Tith Kongnov
https://www.khmertimeskh.com/501434860/nssf-health-coverage-for-more-groups/

Stock Trading to Start Next Month With Water Authority IPO

The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...

PM Hun Sen ushers in new dam

Prime Minister Hun Sen on Saturday inaugurated the third in a string of six Chinese-funded hydropower dam projects, offering lavish praise for the superpower as he officially opened the $47 million Kirirom 3 dam in Koh Kong. “I am really pleased for the new ...

http://www.phnompenhpost.com/2013022561590/National/pm-hun-sen-ushers-in-new-dam.html

Asia Rice- Thai Exporters Seek Vietnamese, Cambodian Rice To Meet Deals

Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orDers because domestic rice is in short supply due to government buying scheme, traDers said on Wednesday. The price of 25 per cent broken graDe Thai ...

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