CNRP Requests Migrant Worker Draft Agreement
The opposition CNRP has written to the embassies of Singapore and Malaysia requesting copies of draft agreements with the Cambodian government on sending migrant workers to the countries that they say they were not privy to. A Ministry of Labor official last month said the government ...
Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/cnrp-requests-migrant-worker-draft-agreement-48622/
Berjaya Food share rises after Cambodia unit formed
Berjaya Food Bhd’s share on Bursa Malaysia rose in early trade today following the announcement yesterday that it had incorporated a new subsidiary in Cambodia. As at 9.57am, the counter rose four sen or 2.45% to RM1.67, after opening at RM1.64, with 47,000 shares changing hands. ...
Free Malaysia Today News
http://www.freemalaysiatoday.com/category/business/2014/07/10/berjaya-food-share-rises-after-cambodia-unit-formed/
Cheaper internet next year
A new submarine telecoms cable due for completion in early 2017 will strengthen existing internet networks, increase capacity and lower costs, according to the company installing the cable. Yves Shaeffer, CEO of EZECOM, which owns Telcotech that is installing the Malaysia-Cambodia and Thailand (MCT) submarine cable, ...
Sok Chan
http://www.khmertimeskh.com/news/31246/cheaper-internet-next-year/
Malaysian company selling its local bank
Malaysian financial services group Hwang-DBS Bhd is selling its eponymous bank in Cambodia for $40 million, the company has announced on the Bursa Malaysia. The sale is to Phillip MFIs Pte Ltd, a member of the Singapore-based PhillipCapital Group. PhillipCapital has an existing presence in ...
Daniel de Carteret
http://www.phnompenhpost.com/business/malaysian-company-selling-its-local-bank
Water Supply Stock Falls Back to Initial Value
The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...
Economists contest Moody's downgrades
In the past month, ratings agency Moody’s has downgraded its outlook for two of Cambodia’s largest commercial banks. On September 2, Acleda Bank’s performance outlook went from “stable” to “negative” due to risks associated with rapid credit growth and a drain on local currency by depositors. ...
Hun Sen receives an honorary degree, bringing total up to 12
Prime Minister Hun Sen was awarded an honorary doctorate in “transformational leadership” by Malaysia’s Limkokwing University on Wednesday, adding to his extensive list of honorary degrees. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/hun-sen-receives-an-honorary-degree-bringing-total-up-to-12-93802/
Cambodia Finally Starts Stock Trading
Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...
http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/
Dam opposition takes complaint to Malaysia
Six environmental organisations opposing Laos’ controversial Don Sahong hydropower dam yesterday took their complaints to a new level: The Human Rights Commission of Malaysia. In a 23-page letter, the organisations from Cambodia, Thailand and the US collectively requested an investigation into the trans-boundary impacts of the ...
Laignee Barron
http://phnompenhpost.com/national/dam-opposition-takes-complaint-malaysia
Cash crop deal to aid Kingdom
A Malaysian firm on Saturday signed a joint agricultural agreement with property development company Paragon Corporation Cambodia worth a potential US$2 billion in exports of corn, rubber, coffee and other cash crops. Penned by Paragon Corporation Cambodia and Markmore Group Malaysia, the joint development project will ...
http://www.phnompenhpost.com/index.php/2011101752151/Business/cash-crop-deal-to-aid-kingdom.html
Water Supply Shares Fall Below Launch Price
The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...
Shopping shapes up in Phnom Penh
With demand for shopping space in Cambodia on the rise and investor interest growing, the Japanese developer Aeon Mall (Cambodia) Co Ltd last week broke ground on the construction of a US$205-million mall in Phnom Penh. “We are happy to contribute to the development of ...
http://www.bangkokpost.com/business/retail/326570/shopping-shapes-up-in-phnom-penh
Minister’s appeal to listed companies
The opening of the Cambodia Securities Exchange (CSX) was marked by a speech from Minister of Finance Keat Chhon, who urged three state-owned companies to speed up their initial public offerings. No companies, state-owned or otherwise are currently trading on the new market. Telecom Cambodia, ...
http://www.phnompenhpost.com/index.php/Business/lets-get-the-ball-rolling.html
China offers scholarships to 62 Cambodian students
Sixty-two Cambodian students have gotten annual scholarships for their bachelor’s and master’s degrees in various universities in China, according to Chinese News Agency (Xinhua). ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/china-offers-scholarships-to-62-cambodian-students-8789
France offers scholarship to 98 Cambodian students
Eighty-two Cambodian students have been selected for a scholarship program to continue their master and doctoral degrees at France’s universities in the field of economics, law, medical studies, engineering, French-language teaching and tourism. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/france-offers-scholarship-to-98-cambodian-students-8791
Angkor Golf Resort signs MoU with Tourism Malaysia
Malaysia tourism and travel agency officials have signed a memorandum of understanding at the Angkor Golf Resort in Siem Reap to boost golf tourism in Malaysia and Cambodia. Signatories to the MoU were Sao Ratha, marketing manager of Tourism Malaysia; Ng Eu Shen, general manager of ...
Tong Yang to Underwrite Bonna Realty IPO
More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...
Phnom Penh Autonomous Port pushes for IPO
Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...
Toll may lose rail rights
A company with ties to one of China’s top state-owned firms will look to push Toll Royal Railways and its local partner Royal Group of Companies out of a 30-year railroad concession with pledge to invest nearly US$850 million to revamp existing lines and build an additional ...
Firm's 'hostage' awaits justice
Heng Hak wore a blank expression yesterday, her hair recently dyed a shade of blonde. Though her appearance suggested composure, a lift of her pant leg revealed the manifestation of the trauma she tried to escape last year. In March 2011, Hak jumped from the third ...
http://www.phnompenhpost.com/index.php/2012083158412/National-news/firms-hostageawaits-justice.html