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Governor promises solution for remaining Borei Keila families

A working group within Phnom Penh City Hall is continuing its effort to help get compensation to Borei Keila families who have yet to accept the government’s offer, according to a Facebook post from Governor Pa Socheatevong, who led a discussion with community members on ...

Pav Suy
http://www.khmertimeskh.com/news/22698/governor-promises-solution-for-remaining-borei-keila-families/

PPAP seeks to generate $6.4M in IPO

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/ppap-seeks-generate-64m-ipo

Government undecided on new resettlement sites for evictees

A Finance Ministry official said on Sunday that the government had yet to decide whether it would comply with Asian Development Bank (ADB) rules that families facing eviction from along the country’s old railway tracks be offered resettlement options better than the ones they have ...

Zsombor Peter
https://www.cambodiadaily.com/news/government-undecided-on-new-resettlement-sites-for-evictees-102214/

Third tranche of port shares snapped up swiftly

The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ​ ...

Sum Manet
http://www.khmertimeskh.com/news/18432/third-tranche-of-port-shares-snapped-up-swiftly/

Longer visas for Chinese, Koreans

The government will offer three-year, multiple-entry visas to Chinese and South Korean investors in an effort to make doing business easier and increase investment in the Kingdom, the premier said during the first Cambodia-China Business and Financial Development Forum in Phnom Penh yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/32699/longer-visas-for-chinese--koreans/

Wing, BookMeBus team up

Wing and the online platform company BookMeBus have teamed up to offer bus tickets to the provinces and to Thailand, Laos and Vietnam. The service was officially launched on Friday with the first services available in Wing agencies in Phnom Penh.   ...

Chea Vannak
http://www.khmertimeskh.com/news/38596/wing--bookmebus-team-up/

Custodian could spur fund interest

The government is working on legislation that would create a framework for the establishment of a custodian bank in Cambodia, according to securities firms, which claim the absence of this institution could be deterring foreign investors from participating in share offerings on the local stock ...

Brian Ng
http://www.phnompenhpost.com/business/custodian-could-spur-fund-interest

Defense Minister warns against attempts to ‘topple’ government

Cambodian Defense Minister Tea Banh on Tuesday offered grave warnings to anyone who “tries to topple the current government.” The minister appeared to be addressing the opposition, which has said it will call for mass demonstrations if election reform is not enacted by the ruling Cambodian ...

Heng Reaksmey,
http://www.voacambodia.com/content/defense-minister-warns-against-attempts-to-topple-government/1873692.html

Rally to push climate issue ahead of COP 21

On the eve of the UN Climate Talks in Paris (COP 21), several hundred people are expected to attend “Together for Climate”, a rally coordinated by the Cambodia Climate Change Network (CCCN), on Sunday at the Cambodia-Japan Cooperation Centre at Royal University of Phnom Penh. ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/rally-push-climate-issue-ahead-cop-21

Interior minister pledges merit-based ministry

Interior Minister Sar Kheng told an audience of university graduates on Tuesday that recent efforts to clean up the education system would extend to his ministry to combat claims that the civil service is plagued by nepotism. ...

Khuon Narim
http://www.cambodiadaily.com/news/interior-minister-pledges-merit-based-ministry-68123/

Army wants students

As part of its plan to up Cambodia’s soldier count, the Ministry of Defence is recruiting 620 university students. The candidates from the 2014-2015 academic year are to be volunteers with no criminal backgrounds, according to an official announcement. The recruitment drive spans the month of ...

May Titthara
http://phnompenhpost.com/national/army-wants-students

Migrants from four countries eligible for health benefits

Workers from Myanmar, laos, Cambodia and Vietnam now get better coverage. Migrant workers from Myanmar, Laos, Cambodia and Vietnam can now buy healthcare insurance and enjoy healthcare benefits that are on par with what Thais get via the country’s universal healthcare scheme. ...

The Nation News Staff
http://bit.ly/1GXCp9o

Migrants from four countries eligible for health benefits

Workers from Myanmar, laos, Cambodia and Vietnam now get better coverage. Migrant workers from Myanmar, Laos, Cambodia and Vietnam can now buy healthcare insurance and enjoy healthcare benefits that are on par with what Thais get via the country’s universal healthcare scheme. ...

The Nation News Staff
http://bit.ly/1GXCp9o

Valuers to meet in Siem Reap

Real-estate evaluators from the ASEAN Valuers Association (AVA) have met in Siem Reap in order to improve the industry. The AVA wants to develop the Cambodian real-estate market by assisting developers and investors. Those attending the conference share experience and ideals will offering training to ...

http://www.phnompenhpost.com/index.php/2011072050510/Business/land-pricing-valuers-to-meet-in-siem-reap.html

Phnom Penh SEZ gets $10M in investment

Two regional companies have invested nearly $10 million to acquire 14 million shares in the Phnom Penh Special Economic Zone Plc (PPSEZ) – one of five companies listed on the Cambodia Securities Exchange (CSX) – in what is considered the first ever private offering by ...

Kun Kourchettan
https://www.phnompenhpost.com/business/phnom-penh-sez-gets-10m-investment

Japan provides grant for demining

CMAC director-general Heng Ratana told The Post on Sunday that Japan has offered $3,536,680 for mine clearance throughout the Kingdom and another $300,000 for CMAC operations in Battambang province, which also involves supporting mine victims for 12 months starting from January 1 to December 31. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/japan-provides-grant-demining

PPSEZ sets timeline for delayed IPO launch

After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced yesterday that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on April 18 and hold a public roadshow ...

Kali Kotoski
http://www.phnompenhpost.com/business/ppsez-sets-timeline-delayed-ipo-launch

Share price set for port’s $5.2M IPO

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/share-price-set-ports-52m-ipo

Residents plead for resolution

Chroy Changvar district residents affected by the Overseas Cambodia Investment Corporation’s (OCIC) satellite city project have again appealed to authorities to help them solve their land dispute, especially ahead of the upcoming commune elections, instead of the Phnom Penh city hall’s below market value compensation ...

Mom Kunthear
http://www.khmertimeskh.com/news/34306/residents-plead-for-resolution/

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