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PPSEZ’s rethink after sharp profit fall

Phnom Penh Special Economic Zone (PPSEZ) ‒ a listed company on the Cambodia Securities Exchange (CSX) ‒ reveled on Friday that by 2020, 50 percent of the company’s revenue would be generated by sales of services. This new target was made after PPSEZ informed the ...

Chea Vannak
http://www.khmertimeskh.com/news/29024/ppsez---s-rethink-after-sharp-profit-fall/

Business briefs

The country’s two largest ports saw traffic jump in the first eight months of this year, compared to the same period last year, according to figures released by the port authorities Friday. ...

Khmer Times team
http://www.khmertimeskh.com/news/15712/business-briefs/

Cambodia’s trade with Malaysia grows sharply

Cambodia’s trade with Malaysia grows sharply in 1st 4 months of Y 2011 The bi-lateral trade between Cambodia and Malaysia increased by 75% in the 1st 4 months of this year, compared to the same period last year, said a senior commerce official Wednesday. From January to ...

http://www.livetradingnews.com/cambodias-trade-with-malaysia-grows-sharply-47229.htm

Preah Vihear Residents Protest Future Eviction

Fifty-three families in Preah Vihear province’s Kulen district on Sunday protested outside the headquarters of a Malaysian company that is threatening to clear villagers’ farmland to make way for a rubber plantation, rights groups and officials said Monday. The families, who live in Srayong commune’s Srayong ...

Aun Pheap
http://www.cambodiadaily.com/news/preah-vihear-residents-protest-future-eviction-47273/

Trafficked Cambodian rescued

A trafficked Cambodian woman was taken into Malaysian immigration police custody after a raid on karaoke bars on Sunday night, Cambodian embassy officials confirmed yesterday. ...

Laignee Barron
http://phnompenhpost.com/national/trafficked-cambodian-rescued

Cambodian and Malaysian leaders look for more cooperation

The leaders of Cambodia and Malaysia shared their expectation for a deeper cooperation during their bilateral talks on the side-lines of the 43rd ASEAN Summit in Jakarta, Indonesia yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501355605/cambodian-and-malaysian-leaders-look-for-more-cooperation/

Homing in on the IPO price

From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public Offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...

http://www.etmcambodia.com/search.php?s=The+Week+at+the+CSX&submit=Search

Trade with Malaysia up as exporters look East

Bilateral trade between Cambodia and ASEAN member state Malaysia rose by 34 per cent year on year in 2011 to US$319.5 million compared to the year before, according to data from the Embassy of Malaysia in Phnom Penh released yesterday. Experts noted the nearly 100 per ...

http://www.phnompenhpost.com/index.php/2012052356319/Business/trade-with-malaysia-up-as-exporters-looks-east.html

Intervention sought in land dispute

Twelve representatives of 50 families in Preah Vihear’s Kulen district are seeking aid from a rights group after being summonsed to court last week over a land dispute with a Malaysian company. The villagers gathered in Adhoc’s provincial office in Srayong commune yesterday to draft and ...

Phak Seangly
http://www.phnompenhpost.com/national/intervention-sought-land-dispute

Acleda, PPCBank granted listing eligibility

Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility

IBBM Launches Chartered Banker Qualifications In Cambodia

The Institute of Bankers Malaysia (IBBM) has launched the Chartered Banker qualification for the Cambodian banking industry to develop talents in the banking industry in that country. The launch of the Chartered Banker qualifications was officiated today by the National Bank of Cambodia Deputy General ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=978465

More Maids head home

In the space of only about two months, the Cambodian embassy in Malaysia had helped eight Cambodian maids whose employers abused them, the government said yesterday. “The maids have been mistreated by their employers and some have finished their contracts and want to come back home,” Ministry ...

http://www.phnompenhpost.com/index.php/2012082258202/National-news/more-cambodian-maids-head-home.html

Malaysian Insurance Institute signs agreement with Cambodia Insurance Ass’n.

The Malaysian Insurance Institute (MII) and the Insurance Association of Cambodia (IAC) have signed a Memorandum of Understanding (MoU) for “a bilateral collaboration to forge a beneficial business relationship to further enhance insurance knowledge and skills development for the insurance industry in Cambodia,” said a ...

Insurance Journal News Staff
http://www.insurancejournal.com/news/international/2014/03/03/321950.htm

Universities in agricultural innovation

As rice farmers struggle to cope with the aftereffects of one of the worst droughts in Cambodia’s recent history and moribund infrastructure makes it difficult to transport and sell their products across the country, universities here and in the United States are joining forces to ...

Safiya Charles
http://www.khmertimeskh.com/news/30110/universities-in-agricultural-innovation/

First submarine cable launched

Cambodia’s first submarine telecoms cable, costing $100 million, that will strengthen existing internet capacity and greatly increase connectivity speed at lower cost, was officially launched yesterday. ...

May Kunmakara
http://www.khmertimeskh.com/news/36511/first-submarine-cable-launched/

Bilateral trade with Malaysia up 17.6 percent

Bilateral trade between Cambodia and Malaysia increased during the first quarter this year by 17.6 percent compared to the same period last year, a Malaysian official said Tuesday. Trade increased from $89.63 million to $105.4 million, Rasazlan Abdul Rashid, the Malaysian ambassador to Cambodia, told a ...

Kang Sothear
http://www.cambodiadaily.com/business/bilateral-trade-with-malaysia-up-17-6-percent-61078/

Axiata rating not affected by Hello merger with Smart

Standard & Poor’s said Friday that its rating and outlook on Malaysia’s Axiata Group Bhd was not affected by its acquisition of Latelz Co Ltd. “We do not expect the acquisition to significantly affect Axiata’s operating and financial performances,” the international rating agency said in a ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OWRiMmE2MmM3MWU4YTA5ZDM0YjM5MzkzZTY2YjYw

HLB gets nod to open bank in Cambodia

Hong Leong Bank Bhd (HLB) has received approval from Cambodia’s Ministry of Commerce to open a wholly-owned, locally incorporated commercial bank in Cambodia. HLB said with a capital of US$37.5 million (RM116.2 million), Hong Leong Bank (Cambodia) Plc will commence operations in Cambodia within ...

http://www.thesundaily.my/news/626717

Feature: More Cambodian students seek degree in Chinese language

More and more Cambodian students have sought degree in Chinese literature as Cambodian- Chinese ties in economics, trade, investment, and tourism have been expanding rapidly in recent years. AEU is the only university in Cambodia providing Chinese language programs at degree levels since 2012 under ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140624/feature-more-cambodian-students-seek-degree-chinese-language

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