The Week at the CSX: September 28-October 3
The price of Phnom Penh Water Supply Authority stock over the Sept. 27- Oct. 3 period was only KHR 6,200 (US$1.54), under the IPO price of KHR 6,300 (US$1.56), for nearly the whole week. But on Oct. 3, the price rose to the IPO price again, ...
About 871,000 Cambodians travel abroad in 2013, up 10 pct
The number of Cambodia’s outbound travelers increased by 10 percent year-on-year to 871,000 last year, a report of the Ministry of Tourism showed Tuesday. Ang Kim Eang, president of Cambodia Association of Travel Agents, which represents about 220 tour and travel companies, said most of Cambodian ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/18/c_133124854.htm
Cambodia receives 3.6 mln overseas tourists in 10 months
Cambodia welcomed 3.6 million overseas tourists in the first 10 months of 2014, up 6 percent compared to the same period last year, a tourism official said on Wednesday. Kong Sopheareak, chief of the statistics and planning department at the Ministry of Tourism, said the top ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-12/10/c_133845725.htm
PPWSA settles on IPO price
A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...
http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html
Cambodia, China committed to raising bilateral trade to $10 bn by 2023
Cambodia’s export of goods to China saw a significant rise, valued over $1.1 billion in the third quarter this year—a year-on-year increase of 52.74 per cent, according to figures from the former’s ministry of commerce. Both sides are committed to raising bilateral trade to $10 ...
Khmer Times Staff
https://www.khmertimeskh.com/50966092/cambodia-china-committed-to-raising-bilateral-trade-to-10-bn-by-2023/
White Building negotiations done: minister
Land Management Minister Chea Sophara called for the end of compensation negotiations with White Building occupants on Friday, drawing the line at $1,400 per square metre – far lower than the $1,800 sought by residents. ...
Kong Meta
http://www.phnompenhpost.com/national/white-building-negotiations-done-minister
NEC to meet over migrants’ voting rights
The National Election Committee will on Thursday hold a meeting to discuss the registration of migrant workers to vote in the upcoming 2018 national election. ...
Khy Sovuthy
http://www.khmertimeskh.com/5075900/nec-meet-migrants-voting-rights/
High Prices of Privatized Water in Prey Veng Lead to Protests
More than 1,000 villagers in Prey Veng city took to the streets in protest yesterday morning after a company that recently took control of the state-run water supply raised prices by 50 percent, from 1,200 riel, or $0.30, to $1,800 riel, according to residents and ...
Construction sector investment soars
Investment in the Cambodian construction sector reached US$1.38 billion in the first seven months of 2012, an 8s-percent rise over the same period last year, according to figures from the Ministry of Land Management, Urban Planning and Construction. During the January to July period this ...
Cambodia Organizes Real Estate Exhibition
A 3-day Cambodia-Real Estate Exhibition 2013 kicked off [in Phnom Penh] on Monday as the country’s construction sector is rapidly growing in the last couple of years. The event, held at the Diamond Island Exhibition Center, brought together 68 exhibitors who are real estate developers, real ...
http://news.xinhuanet.com/english/business/2013-04/08/c_132292162.htm
Booyoung Town moves slowly ahead
The plan to build the US$1.1 billion Booyoung Town commercial city and housing estate on Russian Federation Blvd near the 7 Makara Bridge is moving forward slowly while the political situation remains unclear. Despite the political situation, construction at Booyoung Town was slowly moving forward and ...
Siv Meng and Hin Pisei
http://www.phnompenhpost.com/real-estate/booyoung-town-moves-slowly-ahead
Japan to provide $50M for Phnom Penh power project
The Japanese government has agreed to provide eight billion yen (about $50 million) in financing the Phnom Penh City Electricity Transmission and Distribution System Expansion Project. ...
Manoj Mathew
https://www.khmertimeskh.com/501520191/japan-to-provide-50m-for-phnom-penh-power-project/
Guns gathered, burned in Preah Vihear
Police in Preah Vihear yesterday burned nearly 1,600 homemade rifles confiscated from villagers around the province.Preah Vihear provincial authorities said that officers collected the 1,574 DIY illegal weapons from “everywhere” across the province. ...
Phak Seangly
http://www.phnompenhpost.com/national/guns-gathered-burned-preah-vihear
Opposition pushes migrant vote reform
Opposition CNRP lawmakers have suggested amendments to a law which would let Cambodian migrant workers register and vote abroad. The amendments were sent to National Assembly President Heng Samrin on Friday. ...
Khy Sovuthy
http://www.khmertimeskh.com/5077928/opposition-pushes-migrant-vote-reform/
Thai links set to boost trade
The Ministry of Commerce has committed to joining up with the Thai Embassy in Cambodia to build a favourable business and investment climate between the Asean neighbours. ...
May Kunmakar
http://www.khmertimeskh.com/5082631/thai-links-set-boost-trade/
New business registrations in Cambodia rise 55 pct in 5 months
Cambodia’s Ministry of Commerce said Friday that it has granted operating licenses to 1,676 new firms in the first five months of 2014, up 55 percent as compared with the 1,084 companies for the same period last year. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-06/20/c_133424091.htm
Siem Reap sees property gains fuelled by tourism, economic integration
Siem Reap city land prices have continued to increase year-on-year since 2008, despite the impact of the global economic crisis elsewhere. Sorn Seap, general manager of KEY Real Estate, said that land prices in Siem Reap city in early 2014 saw an increase of 15 per ...
ASEAN FTA with Hong Kong, China on track
Trade between Cambodia and Hong Kong is rising fast, expanding from about $1 billion in 2014 to $1.3 billion last year year, Veng Sothy, an Undersecretary of State at the Commerce Ministry, told a meeting in Siem Reap Friday. ...
Sok Chan
http://www.khmertimeskh.com/news/22681/asean-fta-with-hong-kong--china-on-track/
PM wants to boost tourism
The government through the Ministry of Tourism is set to give a major boost to the country’s tourism sector to bolster the economy, said Prime Minister Hun Sen yesterday. ...
Sok Chan
http://www.khmertimeskh.com/5083858/pm-wants-boost-tourism/
Year of the Snake lures 85,000 visitors to Kampot
Almost 85,000 visitors traveled to Kampot over the first three days of the Lunar New Year. The 84,917 visitors included 1,252 foreigners with the Bokor Mountain resort alone attracting 67,548 visitors including 1,004 foreigners, [a tourism official] said. ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTkxNjBjZmNjN2M