Follow-up IPOs still on track
Sihanoukville Autonomous Port, one of two state-owned companies slated to list on the Cambodia Securities Exchange this year, yesterday called the price decline in the country’s first publicly traded company worrisome. The eight-day slide in price that neared Phnom Penh Water Supply Authority’s initial public offering ...
http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html
PM pushes voter registration amid claims of inaction
The National Election Committee (NEC) and all political parties should urge citizens – including those overseas – to register to vote, Prime Minister Hun Sen said yesterday, even as a prominent opposition lawmaker accused the government of offering “nothing” to enfranchise Cambodia’s thousands of migrant workers. ...
Mech Dara, Bun Sengkong and Cristina Maza
http://www.phnompenhpost.com/national/pm-pushes-voter-registration-amid-claims-inaction
SECC prepared to list shares of holding firms
The Securities and Exchange Commission of Cambodia (SECC) is drafting a prakas on public offerings of equity securities for holding companies to allow them to issue shares on the Cambodia Securities Exchange (CSX) in a move towards diversification and development of the nation’s capital markets. ...
May Kunmakara
https://www.phnompenhpost.com/business/secc-prepared-list-shares-holding-firms
BRI projects not to lead Cambodia into debt trap
The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/
Agriculture players can tap into new loan system
The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...
Yatt Malai
https://kiripost.com/stories/agriculture-players-can-tap-into-new-loan-system
Businesses urged to prioritise riel for salary payments
The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...
Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments
Announcement on incentive mechanisms for voluntary business registration in the information and broadcasting sector
On 3 May 2024, Ministry of Commerce has decided to offer incentives for businesses registering voluntarily in the information and broadcasting sector. These incentives include a three-year exemption from public service duties for registered businesses and fine exemptions for businesses that have been operated but ...
Ministry of Commerce
Fund raising: Kingdom may borrow more in 2012
Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...
Prasac seeks commercial bank status
PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...
Investment needed to reach rice goal: experts
More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...
Buying property by installment on the increase
The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...
Thailand, Cambodia mull joint business, trade body
Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment. The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of ...
http://www.pattayamail.com/news/thailand-cambodia-mull-joint-business-trade-body-23289
Land activist to be released
Outspoken land activist Kuch Veng will regain his freedom in 15 days after the Pursat provincial court yesterday handed down a guilty verdict with a one-year sentence, then suspended nearly three quarters of that term. Veng has been in prison since May 19 on charges of ...
http://www.phnompenhpost.com/national/land-activist-be-released
Rainsy says CNRP doesn’t recognize newly-formed government
The opposition Cambodia National Rescue Party (CNRP) leader Sam Rainsy on Wednesday said that the CNRP doesn’t recognize the newly-formed government of Prime Minister Hun Sen. Speaking at a news conference, he urged all international communities and countries of the Paris Peace Agreement to condemn “this ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NDAyMDdiZDljZDY#sthash.hG32ZEwp.dpuf
China provides mine clearance training to Cambodian soldiers
A team of 12 Chinese military experts on Thursday started offering a six-week mine clearance course to 52 Cambodian peacekeeping force. The training is being held at the Institute for Peacekeeping Forces, Mine and Explosive Remnants of War Clearance. According to the Cambodian Mine Action Authority, ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131205/china-provides-mine-clearance-training-cambodian-soldiers
Kratie land dispute goes on
Hundreds of families from Kratie province’s Snuol district who were promised new plots of land after a Vietnamese rubber firm evicted them last month have complained that provincial officials are allowing hundreds of interlopers to stake a claim instead. The 405 families were evicted from the ...
May Titthara
http://www.phnompenhpost.com/national/kratie-land-dispute-goes
Prey Speu tales conflict
Following last week’s street sweep, children as young as 7 years old were kept in Phnom Penh’s notorious Prey Speu social affairs centre, eyewitnesses, staff and those targeted by the initiative have told the Post, directly contradicting government denials offered earlier this week. Standing at the centre’s ...
Alice Cuddy and Sen David
http://www.phnompenhpost.com/national/prey-speu-tales-conflict
FDI survey may lead to new property regulations
Cambodia’s property sector continues to grow, offering both opportunities and challenges for both foreign and local investors. Meanwhile, ahead of the ASEAN Integration, a wider access to transparent information about the FDI fuelling the sector could lead to the adoption of stronger regulatory principles and ...
Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/fdi-survey-may-lead-new-property-regulations
Japanese to donate medical equipment
The Japanese government will provide $18 million worth of medical equipment and supplies to the Ministry of Health to help the Kingdom fight Covid-19. It will also offer nearly $23 million in financial grants to support education and health in Cambodia, according to an announcement from ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/japanese-donate-medical-equipment
Cambodia May Lure Up to 10 IPOs a Year, Korea Bourse Says
Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...