TRC curbs phone service offers
A new deadline has been set for mobile operators Cellcard, Smart and Metfone to stop their promotional money exchange program by March 30, according to the Ministry of Posts and Telecommunication. ...
Sok Chan
http://www.khmertimeskh.com/news/36631/trc-curbs-phone-service-offers/
Rice storage offers price security
The silo is expected to be finished by the end of the year and the warehouse will be fully operational for the 2018 harvest season, according to the CEO of the Cambodia Rice Bank. ...
Sok Chan
http://www.khmertimeskh.com/news/39097/rice-storage-offers-price-security/
China's ICBC offers RMB transfers
A new banking settlements system called CHANCES, dealing exclusively in the Chinese currency renminbi (RMB), aims to make trade between China and the ASEAN countries easier and less expensive. Owned and operated by the Industrial and Commercial Bank of China (ICBC), the CHANCES system stands for ...
Despite Ban, Operators Offer Bonuses
Two of the country’s largest mobile phone operators are again offering attractive deals on calls, despite the Telecommunication Regulator of Cambodia’s (TRC) recent order to mobile operators to follow the government’s minimum prices for calls and to scale back customer promotions. On Sunday, Smart, which is ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/despite-ban-operators-offer-bonuses-49483/
Preah Vihear villagers reject offer
The provincial government in Preah Vihear is pushing ahead with a compensation and housing scheme for villagers whose existing homes are in the way of a cultural preservation area near the province’s famous 11th-century temple. But the villagers are reluctant to accept the package, saying the ...
Sen David
http://www.phnompenhpost.com/national/preah-vihear-villagers-reject-offer
Boeung Trabek residents resist offers
Residents of Phnom Penh’s Boeung Trabek area yesterday balked at the options to either pay the government for land certificates or sell their land to the municipality during a forum attended by local authorities, area inhabitants and housing rights officials. City officials earlier this year said ...
Sen David
http://www.phnompenhpost.com/national/boeung-trabek-residents-resist-offers
Bourse offers primer on disclosure
The Cambodia Securities Exchange (CSX) organized a forum on Tuesday to help companies, investors and students understand the importance of disclosure in the securities market, inviting representatives of the fledgling bourse’s two listed companies to share their experience. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/12731/bourse-offers-primer-on-disclosure/
Bank now offers gold accounts
Cambodians can now invest in gold through one of the Kingdom’s Malaysian-owned banks, CIMB. The investment product has been met with mixed reviews from experts, but could tap a popular and traditional means of investment. CIMB’s Gold Deposit Account would give customers a gold-backed investment option without ...
http://www.phnompenhpost.com/index.php/2012070957291/Business/cimb-offers-gold-accounts.html
Thai PM's Cambodia Visit May Restore Mutual Trust, Investment
PHNOM PENH–Cambodian analysts believe that the visit of Thai Prime Minister Yingluck Shinawatra to Cambodia on Thursday this week could restore mutual trust and trade and investment relations between the two countries. “From my point of view, the meeting of the two PMs will probably focus ...
http://news.xinhuanet.com/english2010/indepth/2011-09/14/c_131138587.htm
Most U.S. Firms Plan to Expand Business in SE Asia: Amcham
Eighty-five percent of U.S. companies in Southeast Asia plan to expand their business as the region will become more important in the next two years, the American Chamber of Commerce (AmCham) in Singapore said on Monday. “ASEAN continues to grow in importance for businesses in the ...
http://www.reuters.com/article/2011/09/05/us-firms-asia-idUSTRE78411L20110905
Cambodia's 2011 Economic Growth Expected To Be 6.8 Per Cent, Says ADB
KUALA LUMPUR — Cambodia’s economic growth for 2011 is expected to be 6.8 per cent, says the Asian Development Bank (ADB). This is based on the positive trends over the six months of this year and is an improvement over the ADB forecast of 6.5 per ...
http://www.bernama.com/bernama/v5/newsbusiness.php?id=613443
Citibank (NYSE:C) sees business opportunities in Cambodia
Citibank, one of the largest banks in the United States and the World, is seeking for investment opportunities in Cambodia, a bank senior official said Tuesday. During a meeting with Cambodian Deputy Prime Minister and Finance Minister Cambodian Keat Chhon on Tuesday afternoon, Darren Buckley, country ...
http://www.livetradingnews.com/citibank-nysec-sees-business-opportunities-in-cambodia-87222.htm
Human Rights Watch Calls for Release of Beehive Radio Owner
The US-based Human Rights Watch on Tuesday called on the government to release Beehive Radio owner Mam Sonando and drop all secessionist charges against him. Mam Sonando, 70, was arrested Sunday in Phnom Penh and has been charged with crimes related to sedition, for allegedly running ...
Boeung Kak tale resonates in Washington
In Washington yesterday, Sam Rainsy Party lawmaker Mu Sochua lobbied US government officials to withhold military funding to the Cambodian government if it does not meet two political demands ahead of her meeting with Secretary of State Hillary Clinton on Monday. Mu Sochua said she would ...
Hor Namhong to talk debt in US
Cambodian Foreign Affairs Minister Hor Namhong will conduct a one-day visit to Washington, at the behest of US Secretary of State Hillary Rodham Clinton, where he will again lobby for US debt forgiveness. The one-day visit on Tuesday will also focus on strengthening bilateral ties between ...
US broker partners with Korea's Tongyang Securities in Cambodia
US-based broker Decker and Co has announced a partnership with the Cambodian unit of South Korea’s Tongyang Securities Inc, one of only seven underwriters licensed by the Cambodia Securities Exchange. In a statement late Tuesday, Decker said partnerships with Tong Yang in Cambodia and BPI Securities ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjM5ZDFmOTBkOTM
Cracking down 101
A deal to end the political deadlock may reduce demonstrations in the streets, but the authorities are leaving nothing to chance – Daun Penh’s notorious district security guards are finally receiving proper government training. City Hall spokesman Long Dimanche, who has previously said the baton-wielding district ...
Daniel Pye and Alice Cuddy
http://www.phnompenhpost.com/national/cracking-down-101
Japan, U.S. to help empower women in Cambodia, Myanmar
The Japanese and U.S. governments are set to launch a joint project to help empower women in developing countries in Asia, including Cambodia and Myanmar, as well as Africa, officials of both governments said Saturday. The two governments came up with the project as both Prime ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140209/japan-us-help-empower-women-cambodia-myanmar
Gambling on change
The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, ...
Eddie Morton
http://www.phnompenhpost.com/business/gambling-change
SMEs look to regional buyers
Cambodia’s ASEAN Economic Minister yesterday urged small and medium-size enterprises to focus on countries in Southeast Asia, rather than Europe and the United States, for export destinations. Cham Prasidh, also the minister of commerce, said yesterday that regional markets have traditionally held a second place to ...
http://www.phnompenhpost.com/index.php/2012053056469/Business/smes-look-to-regional-buyers.html