Kuoy families in Preah Vihear worry over land issue
More than 250 indigenous Kuoy families in Preah Vihear province have refused to accept compensation from a gold mining company that has offered them just $500 per hectare of land. ...
Yin Soeum
https://www.khmertimeskh.com/50929763/kuoy-families-in-preah-vihear-worry-over-land-issue/
Real estate ‘still boasts potential’
Although economic risks from the Covid-19 crisis linger, Cambodian real estate still offers a wealth of potential, as well as reasonably low prices for investments, especially in a handful of key localities marked by burgeoning interest and a gradual pickup in investment activity, according to ...
Hin Pisei
https://www.phnompenhpost.com/post-property/real-estate-still-boasts-potential
Students Demand More Information on Resource Extraction
Most Cambodian university students have heard of their country’s fledging extractive industry. But with little access to information, few are aware of how revenue from this industry is being managed. Most of this information remains unavailable, and some are now voicing their concerns about corruption ...
Cambodians unconcerned by threats of violence ahead of election
Political campaigning in Cambodia’s local elections began on Saturday and has so far passed without incident. Cambodians in Phnom Penh on Monday said they hoped that the election could be conducted fairly and free of violence. Sim To, a second-year student at Paññāsāstra University of Cambodia, ...
Kann Vicheika
http://www.voacambodia.com/a/cambodians-unconcerned-by-threats-of-violence-ahead-of-election/3869453.html
Water firm calm despite cut
Revenue from the Phnom Penh Water Supply Authority – the first listed company on the Cambodian stock exchange – will be cut 800 million riel ($200,000) per year as the company implements a concession plan to lower water prices. The plan was passed after the government ...
Hor Kimsay
http://www.phnompenhpost.com/water-firm-calm-despite-cut
More predictions for CSX start date
The Cambodia Securities Exchange may launch as soon as March or April, according to an official at the Korea Exchange, the Kingdom’s partner in launching its stock market. Final preparations for the CSX’s initial public offerings should be complete at that time, Pat Gil-soo, senior vice-president ...
Bank of Tokyo opens Phnom Penh office
Japan’s second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a representative office in Phnom Penh on Friday. The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, ...
Chinese carrier launches direct flight to 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, an airline executive said yesterday.Kunming-based Lucky Air, part of Hainan Airlines Group, has a fleet of 25 aircraft. It ...
Cam McGrath
http://www.phnompenhpost.com/business/chinese-carrier-launches-direct-flight-sihanoukville
Thousands of election body workers missing weeks of wages
Tens of thousands of workers contracted by the government to prepare Cambodia for the June 4 commune elections, many of whom are still waiting to be paid for work in February, will have to wait for their March and April salaries until after Khmer New ...
Phan Soumy
https://www.cambodiadaily.com/news/thousands-of-election-body-workers-missing-weeks-of-wages-127966/
Japan provides $439,261 for organic cashew farming
The Japanese government has today provided $439,261 to a Ja-based NGO to carry out a project offering support to small holders through contract farming of organic cashew nuts through Agriculture Cooperatives. ...
Taing Vida
https://www.khmertimeskh.com/50665758/japan-provides-439261-for-organic-cashew-farming/
Dell announces two new services for IT firm's enterprise clients
Dell Corporation (Thailand) has announced two new services to support enterprise customers and expects them to be key for potential business in the near future Dell services now come with global support and deployment, providing onsite service, customisation and outsourcing. Its infrastructure and cloud unit offers ...
S'ville Port Likely to Miss Bourse Registration Date
An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...
Largest MFI Prasac gets loan boost for coffers
Cambodia’s largest microfinance institution, (MFI) Prasac, has received a $60.5 million loan to strengthen its capacity in offering broader financial services in the country. On Friday, Prasac signed the agreement for the syndicate loan – provided by more than one lender – with the Netherlands Development ...
Grand Twins’ share price continues to drop
The share price of Grand Twins International, a manufacturer for U.S. athletic apparel brands, on Tuesday sank for the fourth straight day since it was listed on the bourse last week, signaling that its initial listing price was too high, industry analysts said. “The pricing of ...
Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/grand-twins-share-price-continues-to-drop-62374/
Four Nauru refugees who agreed to go to Cambodia wait to fly out
Three refugees who have agreed to travel to Cambodia are being housed in the Nauru detention centre before they are scheduled to fly out. There are currently just four refugees who have agreed to take up the Australian government’s resettlement offer in Cambodia, despite a large ...
Paul Farrell
http://bit.ly/1GmWWQy
Hungary trade, tourism ties to get boost
Cambodia and Hungary have agreed to further boost economic and tourism ties, while the private sector offers a rosy view of the EU country as a hub for expanding exports to Europe. ...
Thou Vireak
https://www.phnompenhpost.com/business/hungary-trade-tourism-ties-get-boost
CSX webcast targets small, medium firms
Fresh off the largest initial public offering in its history, the Cambodia Securities Exchange (CSX) is courting small and medium enterprises (SMEs) to list on its main board. ...
Husain Haider
https://www.khmertimeskh.com/50807111/csx-webcast-targets-small-medium-firms/
Ministry to probe child labour
The Ministry of Labour says it will investigate the claims of a Royal Holloway, University of London research team’s report alleging modern slavery in Cambodia’s brick kilns, said Minister of Labour Ith Sam Heng. The report entitled Blood Bricks: Untold Stories of Modern Slavery and ...
Mech Dara
https://www.phnompenhpost.com/national/ministry-probe-child-labour
Slew of websites hacked
A group of online hackers calling themselves Cyber TeamRox have breached several local websites over the past two days, including those of the Cambodian Navy, AEON Microfinance and Build Bright University. Defence Ministry spokesman Chhum Socheath confirmed yesterday that the hackers had been able to ...
Mech Dara and Daniel de Carteret
http://www.phnompenhpost.com/national/slew-websites-hacked
Minimum wage for teachers to be $230 by April
Prime Minister Hun Sen announced yesterday that the minimum wage for teachers is set to exceed $230 (about 950,000 riel), not including additional bonuses, come April next year. During a graduation ceremony for Cambodia University for Specialties students at Koh Pich, Mr. Hun Sen said the ...
Pech Sotheary
http://www.khmertimeskh.com/news/30315/minimum-wage-for-teachers-to-be--230-by-april/