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Phnom Penh's Historic Quarter to go to Pedestrian

A new tourist promenade is to open in the heart of Phnom Penh’s old French quarter. Scheduled for a February opening, the tourist walk zone will provide an outdoor leisure area on street 13 that will be closed to cars and motorbikes on weekends from ...

http://www.phnompenhpost.com/2013011460756/Lifestyle/phnom-penh-s-historic-quarter-to-go-pedestrian.html

ANZ chief says Cambodia should de-dollarise

ANZ chief executive Mike Smith says Cambodia should decouple the riel from the US dollar to a stand-alone currency and align itself to the Chinese renminbi (RMB), given the shift in global trade flows. At the Cambodia Outlook Conference in Phnom Penh yesterday, Smith said: “I ...

http://www.phnompenhpost.com/2013022161527/Business/anz-chief-says-cambodia-should-de-dollarise.html

European Lawmakers Press for Probe of Land Concessions

Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...

http://www.cambodiadaily.com

Plans Name Developer of Sisowath Quay Site

Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...

Acleda to be listed on CSX

Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-be-listed-csx

Koreans eyeing bank IPO

Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...

May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo

Phnom Penh to get new water treatment plant

Construction is to begin this month on a $40 million water treatment plant to help Phnom Penh meet a growing demand for clean water, following an official contract signing ceremony Friday. The plant, called Niroth 2, is the second stage in a massive water treatment facility ...

Holly Robertson and Kang Sothear
http://www.cambodiadaily.com/business/phnom-penh-to-get-new-water-treatment-plant-65561/

First Park Hyatt in Southeast Asia opens in Siem Reap

Hyatt Hotels Corp has announced the opening of the first Park Hyatt in Southeast Asia in Siem Reap. The announcement Wednesday said the reopening of the former Hotel De La Paix in downtown Siem Reap followed a 14-month renovation by award-winning interior Designer Bill Bensley. “We are ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTJhYWQ3Mzc1NjI

New listing soon on CSX

Sihanoukville Autonomous Port (SAP) is edging closer to be listed on Cambodia’s burgeoning stock exchange after five years of delays. The state-owned enterprise will start a formal process of studying investor demand by April, to decide how much shares will cost when the company makes its ...

Chea Vannak and May Kunmakara
http://www.khmertimeskh.com/news/36832/new-listing-soon-on-csx/

CSX index up 7.25 per cent, $1.25 million in shares traded

Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO).​ At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...

May Kunmakara
https://www.phnompenhpost.com/business/csx-index-725-cent-125-million-shares-traded

Mekong villagers wary of Xayaburi dam

Fishermen bring their boats to shore, pack away their traps and hand over the day’s catch to their awaiting families on the banks of the Mekong River in Kratie province’s Chitra Borei district. “When my husband arrives home each day, we eat some of what he ...

http://www.phnompenhpost.com/index.php/2012080957913/National-news/mekong-villagers-weary-of-xayaburi-dam.html

Smart rolls out 4G network

Mobile internet speeds in Cambodia are ratcheting up a notch. Smart Mobile, the country’s second largest operator by subscribers, is making 4G LTE internet available to customers this week, the company announced yesterday during the launch of the service at NagaWorld Casino. Thomas Hundt, CEO of Smart, ...

Eddie Morton
http://www.phnompenhpost.com/business/smart-rolls-out-4g-network

CSX Slated to Start Trading by the End of 2011

While the Cambodia Securities Exchange (CSX) recently opened its doors for business, it’s not quite ready to actually do business. As it currently stands, there is no actual trade taking place, making it the smallest bourse in the world in terms of market capitalization. However, ...

http://www.etmcambodia.com/

Smooth sailing for port’s IPO

Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. The Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter ...

Brian Ng
http://www.phnompenhpost.com/business/smooth-sailing-ports-ipo

Seaport debuts on stock market

Shares in Sihanoukville Autonomous Port (PAS), the state-owned enterprise that operates Cambodia’s only deep-sea port, debuted on Cambodia’s stock exchange yesterday after an initial public offering that raised $27 million.​ ...

Brian Ng and Hor Kimsay
http://www.phnompenhpost.com/business/seaport-debuts-stock-market

Japan to Give $840,000 To Demining Projects

Japan signed an agreement Thursday with the Japan Mine Action Service (JMAS) to provide $839,363 to deining projects in Battambang province, which will benefit about 5,500 residents. Together with the Cambodian Mine Action Center (CMAC), which will receive almost half of the donations from Japan, JMAS ...

Betargo readies for the contruction of its 18,000t per annum feed mill in Cambodia

Betagro (Cambodia) readies for the construction of its new feed mill in Phnom Penh SEZ. The feed mill is to be constructed in the capital’s Special Economic Zone, located 12km from the city center. The company is investing USD$17.2 million in the new project. The plant construction ...

http://www.feedmachinery.com/news/asia/betargo-readies-for-the-contruction-of-its-18000t-per-annum-feed-mill-in-cambodia-0158/

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