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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/

Public revenues from extractive industries
Extractive industry revenue

Extractive industries include mining and mineral sectors, natural gas and oil exploration, petroleum refineries, and quarrying for construction resources such as sand, stone, and gravel. Cambodia’s extractive resources have gone largely untapped, while these resources are geographically identifiable.The government considers extractive industries a potentially important ...

U.S. Embassy Phnom Penh statement on the USAID Greening Prey Lang Funding redirect

On 17 June 2021, the US Embassy in Cambodia issued a statement on the USAID Greening Prey Lang Funding Redirect. In a statement, the US embassy expressed ​concerns over deforestation​ which continues to occur in the Prey Lang Wildlife Sanctuary, where the United States Agency ...

The US Embassy in Cambodia

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/

Maternal and child health

The number of mothers who died in labour has nearly halved over four years, from 182 fatalities in 2011 to 100 in 2015.1​ Deaths among children have also dropped, although they remain comparatively high, and the prevalence of underweight newborns is high compared to many ...

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. ...

Man​oj ​Mat​hew​
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 ...

Sum Manet
http://www.phnompenhpost.com/real-estate/siem-reap-sees-property-gains-fuelled-tourism-economic-integration

Commune/Sangkat budget

Joint Accountability Action Plan (JAAP) meeting in Andoung Pou commune, Romeas Haek district, Svay Rieng province. Photo by Open Development Cambodia Team, taken on 26 June 2018. Licensed under CC BY-SA 4.0The budget of khan/municipality and commune/sangkat administrations is included under the budget of the ...

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/

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