Grand Twins profit falls by 69.5%
Grand Twins International (GTI), a Taiwan-owned listed company on the Cambodia Securities Exchange (CSX), declared a dividend payout ratio of 50 percent of its net profit after tax for the 2015 financial year. The dividend distribution will be made on the 30th of this month. ...
May Kunmakara
http://www.khmertimeskh.com/news/26166/grand-twins-profit-falls-by-69-5-/
Garment firm to list on CSX
The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...
http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html
Cambodian Sweet Treat Showcase
At least 100 varieties of cakes and desserts were displayed at the riverside park in front of Wat Ounalom, drawing in hundreds of locals and tourists eager to sample the local delicacies. The three day event, which concluded on Saturday, was organised by Phnom Penh City ...
http://www.phnompenhpost.com/index.php/2012090358433/Lifestyle/cambodian-sweet-treat-showcase.html
GTI price drops on day one
After a five-month IPO process steeped in anticipation, Grand Twins International ended its first day on the Cambodia Securities Exchange (CSX) with results many observers found disappointing. GTI shares opened yesterday’s session at 9,700 riel ($2.41), with a ceremonial bell ringing at the CSX’s head office. ...
Eddie Morton
http://www.phnompenhpost.com/business/gti-price-drops-day-one
Hun Sen orders Education Minister to stop signing university diplomas
Prime Minister Hun Sen on Monday publicly announced that Education Minster will no longer sign the university diplomas which shall be signed at the university level. He said the reason to let the rectors sign the diplomas, is to promote the quality of education in ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NmQzNzVkZDIxYTN
Flights to Arrive From China’s Yunnan Province
An airline in China’s Yunnan province will begin offering flights from its capital, Kunming, to Phnom Penh and Siem Reap City, Council of Ministers spokesman Ek Tha said yesterday. ...
Listed firms GTI and PAS post higher Q3 revenue
Two Cambodia Securities Exchange- (CSX-) listed firms – Grand Twins International (GTI) and Sihanoukville Autonomous Port (PAS) – reported a strong business performance with high revenue in the third quarter of this year. ...
May Kunmakara
https://www.phnompenhpost.com/business/listed-firms-gti-and-pas-post-higher-q3-revenue
Xiamen expected to set up sister city relationship with Cambodia's Kampot
Cambodia may set up a consulate in Xiamen in the near future, and the Cambodian port city of Kampot is expected to establish sister city relationship with Xiamen, reported Haixi Morning News on Wednesday. Cham Prasidh, Cambodian Minister of State and Minister of Trade and Commerce, ...
B Keila representatives demand settlements
Thirteen people representing 20 Borey Keila families gathered in front of the headquarters of the Anti-Corruption Unit (ACU) and Phnom Penh City Hall yesterday, demanding the two institutions accelerate the settlement. Each of the affected families is demanding accommodation in Andong village on the outskirts ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/b-keila-representatives-demand-settlements
Sihanoukville gets ready for listing
The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before it is listed on the Cambodia Securities Exchange late next month. ...
Chea Vannak
http://www.khmertimeskh.com/news/37759/sihanoukville-gets-ready-for-listing/
DBD becomes Growth Board’s first listing
DBD Engineering Plc, a local multi-purpose engineering and construction firm, went public via initial public offering (IPO) on the Cambodia Securities Exchange’s (CSX) Growth Board on September 6. ...
Thou Vireak
https://www.phnompenhpost.com/business/dbd-becomes-growth-boards-first-listing
Thousands Evacuated, but Floodwaters Abating
More than 400 families in Banteay Meanchey province have now been evacuated from their homes due to heavy flooding in towns and villages along the Thai border, provincial officials said yesterday. About 100 families were evacuated from Poipet City – the worst-hit area – yesterday alone, ...
Court to Question 4 Bavet Shooting Witnesses
The Svay Rieng Provincial Court will question four new witnesses to the February shooting of garment workers in Bavet City allegedly committed by former city governor Chhouk Bundith, a court official said yesterday. “We are preparing to schedule the questioning of four new witnesses. It ...
Sar Kheng downs offer of inclusion into CNRP
A remark by an opposition Cambodia National Rescue Party (CNRP) senior adviser that Minister of Interior Sar Kheng would remain deputy prime minister if the opposition party won the 2018 national elections drew a terse response from the Cambodian People’s Party (CPP), with the minister ...
Leonie Kijewski and Soth Koemsoeun
http://www.phnompenhpost.com/national/sar-kheng-downs-offer-inclusion-cnrp
Grand Twins sets listing date
Taiwanese garment manufacturer Grand Twins International says it will officially list and start trading on the Cambodia Stock Exchange (CSX) on May 8 after spending several weeks whipping up interest from local investors, whose appetite remains on the low side so far. Stanley Shen, a spokesman ...
Eddie Morton
http://www.phnompenhpost.com/business/grand-twins-sets-listing-date
Smart axiata funds degrees for students
Ten students will have the opportunity to further their studies for free thanks to Smart Axiata’s SmartEdu Scholarship Program, which not only covers their entire tertiary education tuition, but has also awarded them a monthly stipend amounting to $15,000 for the duration of their degree. ...
Mayuri Mei Lin
http://www.khmertimeskh.com/news/31378/smart-axiata-funds-degrees-for-students/
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
Youths mark Youth International Day
Representatives from worker unions, confederation and Cambodian youth rallied Tuesday at the Freedom Park to mark 15th Youth International Day. After rallying at the Freedom Park, they marched to present petitions to the National Assembly, Ministry of Education, Youth and Sport, and Ministry of Labor and ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MDUwZDc1MTRmNzB
After strong start, city bus’ future unclear
After a monthlong test run saw 10 buses often filled with passengers, a Chinese-owned company promised in early March to inject millions into the project and add hundreds of new buses. But Global Trade Development left the project last month after the municipality refused to grant ...
Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/after-strong-start-city-bus-future-unclear-58640/
Construction ends, resumes near White Building
The “temporary suspension” of construction works widely believed to have damaged Phnom Penh’s iconic White Building was officially lifted on the same day it was announced, according to a government notice. Large cracks appeared across the southern part of the historic apartment block on Sunday evening, ...
Sen David
http://www.phnompenhpost.com/national/construction-ends-resumes-near-white-building