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Port’s IPO just months away

Cambodia’s second-largest port, Phnom Penh Autonomous Port, says it plans to have its initial public offering before the end of the year.The Post’s Sorn Sarath sat down with the port’s chairman and CEO, Hei Bavy, this week to talk about the progress of the IPO ...

Post Staff
http://www.phnompenhpost.com/business/ports-ipo-just-months-away

Online supermarket ready to take orders

KhmerToGo.com can’t solve the capital’s traffic problem, but it can keep residents and restaurant owners from getting stuck in it.The new online supermarket is set to go fully operational next week, offering what it claims will be the country’s most comprehensive selection of wholesale and ...

Ayanna Runcie
http://www.phnompenhpost.com/business/online-supermarket-ready-take-orders

Sesan locals set up ‘illegal’ village

Families living in a commune flooded by the Lower Sesan II dam have set up a new village on their community forest without the permission of local authorities. Residents of Sre Ko commune were offered new homes in a different area and compensation to leave ...

May Titthara
http://www.khmertimeskh.com/5090324/sesan-locals-set-illegal-village/

22 more Boeung Kak families receive land titles

Twenty-two families who were still protesting their evictions from the Boeung Kak lake area accepted offers from the city today, leaving 10 holdouts remaining more than a decade after the lake was first sold and filled in. The families, from Village 1, each accepted a ...

Mech Dara
http://www.phnompenhpost.com/national/22-more-boeung-kak-families-receive-land-titles

Senator's 2nd Sugar Refinery to Start Up Monday

Two years after breaking ground, a sugar refinery situated on a pair of controversial plantation belonging to CPP Senator Ly Yong Phat and his wife will have its first test run on Monday, Prime Minister Hun Sen said yesterday. He said the refinery would be ...

http://www.cambodiadaily.com

Tourism for fourth months of 2012

Report from tourism ministry said: in 2011, it gained 2.8 million tourist arrivals and harvested for 1.9 billion US dollars. For fourth months of 2012, we received over 1, 272,514 foreign tourists, an increase of over 27 percent if comparing the same period of last year. Tourism industry offered direct jobs of 350,000. Ministry urged to ...

http://thesoutheastasiaweekly.com/

Hun Manet meets Vietnamese defense minister in Hanoi

Vietnamese Defense Minister Phung Quang Thanh says Vietnam is willing to co-operate with Cambodia in terrorism prevention through exchanges and joint drills, Nhan Dan reported Wednesday. The official organ of the Communist Party of Vietnam said the offer was made at a reception in Hanoi Tuesday ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=YjI5OWFhZGMwMTM

Land fight in Kampong Speu

Some 250 families in Kampong Speu province’s Phnom Sruoch district have sought intervention from rights group Adhoc to help resolve a land dispute involving a business they allege is headed by the son of former provincial governor Kang Heang. Families from three villages say Heang, who ...

May Titthara
http://www.phnompenhpost.com/national/land-fight-kampong-speu

Port eyes public listing amid profits recovery

Sihanoukville Autonomous Port (SAP) could be ready to list on the Cambodian Stock Exchange (CSX) by mid 2015, the head of the state-owned enterprise says. Lou Kimchhunn, director-general at the port said he is awaiting evaluations of the business’s 2014 performance from an independent accounting firm ...

May Kunmakara
http://www.phnompenhpost.com/business/port-eyes-public-listing-amid-profits-recovery

Holiday clemency requested for 900 prisoners

The names of more than 900 prisoners have been put forward to receive pardons and sentence reductions during next month’s Khmer New Year festivities, officials said yesterday. The inmates were selected by the Ministry of Interior and their cases are now being assessed by the Ministry ...

Chhay Channyda
http://www.phnompenhpost.com/holiday-clemency-requested-900-prisoners

Vietnam tops auction to supply rice to NFA

Vietnam offered Friday the lower price for the additional rice supply that the Philippines will import to increase its buffer stock for the lean season, the National Food Authority said. NFA earlier invited Cambodia, Thailand and Vietnam to supply an additional 250,000 metric tons of rice ...

Anna Leah E. Gonzales
http://bit.ly/1QgImol

Leading Malaysian insurer to bring “Fast & Easy” insurance to the local market

Malaysia’s leading Insurance and Takaful Company Etiqa has started operations in Cambodia, allowing the local people to experience a fast and easy way to get insured. Etiqa has entered the Kingdom upon seeing the vast potential the local market has to offer, with 97% of ...

Khmer Times Staff
https://www.khmertimeskh.com/50700680/leading-malaysian-insurer-to-bring-fast-easy-insurance-to-the-local-market

Rocket Internet launches e-commerce site in Cambodia

A local representative of controversial online start-up incubator Rocket Internet said the company would invest “millions” in Cambodia as it launched a new online retail store yesterday, in what market insiders call a trend toward increasing e-commerce in the Kingdom. The site, shop.com.kh is offered in ...

http://www.phnompenhpost.com/index.php/2012071157333/Business/rocket-launches-e-commerce-site.html

South Korea to approve $1.5b loan to develop Cambodia’s economy

Cambodia is preparing to ink a deal that will see South Korea offer $1.5 billion in loans to further develop the kingdom’s energy sector and infrastructure. ...

Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy

Microfinance to tap into WASH sector

A partnership between Cambodia Microfinance Association (CMA) and Water.org aims to increase access to safe water and sanitation nationwide by offering incentives to finance the sector. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-microfinance-to-tap-into-wash-sector

NGO calls for extension of maternity leave in Kingdom

The Scaling Up Nutrition Network (SUN), which represents more than fifty national and international civil society organisations and the SUN UN network, which represents four agencies, offered their congratulations to the government for recent workshops held to promote breastfeeding and the introduction of increased maternity ...

Post staff
https://www.phnompenhpost.com/national/ngo-calls-extension-maternity-leave-kingdom

SERC combat illegal investment schemes

The Securities Exchange Regulator of Cambodia (SERC) is actively seeking collaboration with relevant ministries and institutions to combat the illicit collection of public funds by unauthorised investors offering high returns. ...

May Kunmakara
https://www.phnompenhpost.com/business/serc-combat-illegal-investment-schemes

Third minimum wage negotiation – Employers agree to $2 now as employees reduce to $10

The third textile, garment, footwear and travel goods minimum wage negotiation for 2025 has yet to reach a consensus, even though employers representatives raised their offer from $1 to $2, while union representatives dropped their rate from $14 to $10. ...

Sovann Sreypech and Pou Soreachny
https://cambojanews.com/third-minimum-wage-negotiation-employers-agree-to-2-now-as-employees-reduce-to-10/

Hun Sen leaves Kingdom for Belt and Road Forum in Beijing

Prime Minister Hun Sen and his delegation left the Kingdom yesterday to attend the Belt and Road Forum in Beijing where a number of assistance agreements are expected to be signed. Sry Thamrong, minister attached to the Prime Minister, said at Phnom Penh International Airport that ...

Khuon Narim
https://www.khmertimeskh.com/50598349/hun-sen-leaves-kingdom-for-belt-and-road-forum-in-beijing/

‘Trapped in debt bondage’

Cambodia’s construction boom has pushed thousands of families into modern slavery in the brick industry through debt bondage, a report by researchers from London’s Royal Holloway University say. The blood bricks report was released on Tuesday following the sharp rise in Cambodian brick prices in ...

Mech Dara
https://www.phnompenhpost.com/national/trapped-debt-bondage

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