PPCBank raises $10M, lists first corporate bond on CSX
South Korea-owned Phnom Penh Commercial Bank Plc (PPCBank) on Tuesday officially listed its first corporate bond on the Cambodia Securities Exchange (CSX). ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-raises-10m-lists-first-corporate-bond-csx
1.36M hectares given to 487K households in 22 years: gov’t
Over the past 22 years, the Ministry of Land ManageMent, Urban Planning and Construction has distributed 1,356,396.16ha of land to 487,157 households, including MeMbers of the arMed forces, border police officers and poor people. ...
Voun Dara
https://www.phnompenhpost.com/national/136m-hectares-given-487k-households-22-years-govt
Gov’t to issue bonds for second time to borrow $50M from investors
The National Bank of Cambodia (NBC) will proceed with another auction process for the ministry of Economy and Finance (mEF) to borrow about $50 million from investors for the second time of the government’s plan of issuance for a longer period of time of repayment ...
Kang Sothear
https://www.khmertimeskh.com/501154678/govt-to-issue-bonds-for-second-time-to-borrow-50m-from-investors/
NBC: E-wallet accounts in Cambodia hit 17.9M in 2022
The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-e-wallet-accounts-cambodia-hit-179m-2022
Hundreds of Villagers Block Road to Protest Land Clearing
About 400 villagers in Kratie province’s Snuol district blocked national road 76A for three hours yesterday to demand that authorities release a villager who had been arrested earlier in the day for allegedly inciting villagers embroiled in a land dispute, villagers and a district official ...
Cambodia Sees Massive Foreign Investment Growth in 2012
Investment in Cambodia from overseas surged by at least 44 percent last year, according to an estimate from the central bank, despite figures suggesting a reduction in the overall flow of foreign currency into Southeast Asian economies. Nguon Sokha, director-general of the National Bank of Cambodia, ...
Covering Cambodia
With the number of cars on Cambodia’s roads growing at a consistent pace, high-end automotive distributors are jockeying for a foothold in the market, but they are not the only ones who stand to benefit from Cambodia’s splurge on cars. Working on the sidelines, the ...
Another deceived bride repatriated from China
A Cambodian woman who went to China to marry a man there was repatriated on Thursday after escaping from her husband’s house and finding refuge at the Cambodian consulate in Guangzhou. Yoeng Sreymom arrived at Phnom Penh International Airport at about 3:30 p.m. in the company ...
Phorn Bopha
http://www.cambodiadaily.com/news/another-deceived-bride-repatriated-from-china-64430/
Two more Anonymous Hackers arrested
Two more alleged members of the hacking group Anonymous Cambodia were arrested Thursday for attacking the website of the Anti-Corruption Unit (ACU) and taking it offline for more than two hours this week, an official confirmed Friday. “We arrested two men and they were both sent ...
Kuch Naren and Joshua Wilwohl
http://www.cambodiadaily.com/news/two-more-anonymous-hackers-arrested-57976/
Cambodian opposition to defy gov't ban on rallies during commune election campaign
Opposition Cambodia National Rescue Party (CNRP) leader Sam Rainsy said Thursday that the party will defy a government ban on rallies during a two-week commune council election campaign, which kicks off on Friday. “The ban is a violation of the law on election, which states that ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/01/c_133303568.htm
Local and foreign business interests form luxury property joint venture
A mid strong demand growth in the Grade A office sector, a joint-venture agreement signing event was held at the Sofitel Phokeethra last week, establishing an investment company, provisionally called Kingdom Luxury Development Co, which aims to build a Grade-A office tower Phnom Penh. The joint-venture ...
Dead dolphins prompt calls for fishing net ban
A dolphin weighing over 200kg and 2.3m long was found dead by fishermen downstream of the Koh Pos Bridge on Wednesday morning. Officials in Preah Sihanouk province’s Fisheries Administration decided to bury the carcass not far from where it was found. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/dead-dolphins-prompt-calls-fishing-net-ban
Duch, Chief of Khmer Rouge’s S-21 prison dies
Duch, the former director of the Khmer Rouge’s S-21 interrogation center in Phnom Penh’s Tuol Sleng, has passed away due to illness at 00:51 a.m on 2 September 2020, Extraordinary Chambers in the Courts of Cambodia Spokesman Neth Pheaktra. ...
Khmer Times Staff
https://www.khmertimeskh.com/50759743/duch-chief-of-khmer-rouges-s-21-prison-dies/
Ford plant may go online ‘early April’
Construction of RMA (CaMbodia) Plc’s vehicle asseMbly plant is 100 per cent coMplete and installation of the facilities and equipMent is nearing the 70 per cent Mark, with all signs indicating that production could begin in early April, according to the locally-listed firM’s CEO Ngorn ...
May Kunmakara
https://www.phnompenhpost.com/business/ford-plant-may-go-online-early-april
Takhmao families vacate homes, get compensation
More than 100 faMilies have agreed to accept coMpensation and leave their land in Kandal province’s TakhMao town. This will facilitate the iMpleMentation of a project to dig four canals – at a length of 6,000M – that aiM to reduce flooding and absorb wastewater ...
Ry Sochan
https://www.phnompenhpost.com/national/takhmao-families-vacate-homes-get-compensation
Battambang fisheries crimes total 38 cases Jan-Mar
Battambang provincial Fisheries Administration apprehended perpetrators of 38 fishery crimes and confiscated fishing nets spanning a total of 18,560m in the first quarter of this year, according to a new report. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/battambang-fisheries-crimes-total-38-cases-jan-mar
Japan-Cambodia Foreign Ministers’ talk via telephone Monday
On October 30, commencing at 5:40 p.m., ms KAmIKAWA Yoko, minister for Foreign Affairs of Japan, held a telephone talk with mr. Sok Chenda Sophea, Deputy Prime minister and minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, for approximately 25 minutes. ...
Khmer Times Staff
https://www.khmertimeskh.com/501384270/japan-cambodia-foreign-ministers-talk-via-telephone-monday/
Jica loans $50M to HKL to aid rural MSMEs
Hattha Kaksekar Limited (HKL), a subsidiary of Thai-based Bank of Ayudhya Pcl (Krungsri), received a $50 million loan from Japan International Cooperation Agency (Jica) to expand its operations and support micro-, small- and medium-sized enterprises (mSmEs) in rural areas. ...
May Kunmakara
https://www.phnompenhpost.com/business/jica-loans-50m-hkl-aid-rural-msmes
Cambodia gets $1.6M for Covid-19 response from German gov’t
In light of Cambodia confirming 91 Covid-19 cases, Germany announced on Tuesday that it will provide €1.5 million ($1,618,000) to help support the Covid-19 Emergency Response Plan in the Kingdom. ...
Ry Sochan
https://www.phnompenhpost.com/national/cambodia-gets-16m-covid-19-response-german-govt
Khmer Enterprise to double startup and SME investment to $10m
At yesterday’s luncheon discussing Cambodia’s startup and SmE ecosystem, Vongsey Vissoth, permanent secretary of state of ministry of Economy and Finance (mEF), said Khmer Enterprise (KE) will increase its investment portion from $5 million to $10 million as part of the nation’s Covid-19 recovery plans ...
Bun Tharum
https://kiripost.com/stories/cambodia-khmer-enterprise-to-double-startup-sme-investment