Cambodian PM greets large group of Chinese businesspeople
Cambodian Prime Minister Hun Sen on Thursday met with a large group of Chinese business executives visiting Cambodia to explore investment opportunities. To date, he said, the Sino-Cambodian relationship has reached the level of the Comprehensive Strategic Partnership of Cooperation. The premier said China has helped ...
http://news.xinhuanet.com/english/world/2013-02/28/c_132199209.htm
Cambodia Joins Stocks Party
Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...
http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html
Luxury tourism slowly on the rise
A helicopter flight tour to Preah Vihear is just one part of the 10-day Cambodia Immersion for Millionaires Tour launched this week. The cost per person? $25,000. According to Christopher Gramsch, sales manager for organiser Khiri Travel Cambodia, there is increasing demand among high-spending travellers and ...
http://www.phnompenhpost.com/2013042565220/Business/luxury-tourism-slowly-on-the-rise.html
Californian Winery Enters Cambodian Market
California-based winery E. & J. Gallo has entered Cambodia and is offering four of its more economically priced brands in an effort to introduce locals to wine without breaking their budget, company representatives said Monday. “Cambodia, as well as other markets in Asia, is perfect for ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/californian-winery-enters-cambodian-market-46863/
Unions Want Government, Factories to Resume Wage Talks
The unions behind several days of strikes that turned deadly this month said they will officially ask the Labor Ministry today to resume negotiations on a new minimum wage for the country’s critical garment sector, and said they would hold more street protests if their ...
Aun Pheap
http://www.cambodiadaily.com/news/unions-want-government-factories-to-resume-wage-talks-50451/
New provider CooTel launches in Kingdom
Telecommunications company Xinwei (Cambodia) Telecom Co Ltd, operating under the CooTel brand, officially launched in Cambodia yesterday, being the first operator to offer 4G technology in the country, a company statement released yesterday said. “CooTel strongly believes it will be successful in entering the Cambodian market ...
Post Staff, P.8
http://www.phnompenhpost.com
Officials ‘take cut’ of dam compensation
Officials involved in negotiating compensation offers between the developers of the Lower Sesan II dam and affected villagers have kept a portion of the money paid out to 12 families for themselves, according to an official. Duong Pov, Stung Treng provincial administration director, claimed that a ...
Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/officials-%E2%80%98take-cut%E2%80%99-dam-compensation
Villagers spurn firm’s ‘gifts’
A plantation company with its sights set on a community forest long used by local ethnic minority Jarai in Ratanakkiri’s O’Yadav district arranged a meeting with more than 200 villagers this week to try to persuade them to sign over the woodland. Representatives of the Heng ...
Phak Seangly
http://www.phnompenhpost.com/villagers-spurn-firms-gifts
One family settles land dispute, 2nd holds out
One of two Phnom Penh families involved in a long-running land dispute with a powerful real estate tycoon accepted the businessman’s latest compensation offer during negotiations Tuesday brokered by the Housing Rights Task Force, though the other family has continued to hold out. The two families, ...
Ben Sokhean
http://www.cambodiadaily.com/news/one-family-settles-land-dispute-2nd-holds-out-65812/
PPCBank bond trades on secondary market
In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market
CTEP gifts laptops to coding students at two high schools
Minister of Education, Youth and Sports Hang Chuon Naron said the ministry’s long-term goal is to establish at least one technical high school in each province and require each young person to have acquired at least one professional skill. There are currently 18 technical educational ...
Voun Dara
https://www.phnompenhpost.com/national/ctep-gifts-laptops-coding-students-two-high-schools
Capital hosts ‘people’s congress’
More than 1,000 people from civil society organisations and community groups have gathered for a three-day “People’s Assembly” in Phnom Penh to express their views and offer agenda items that it would like the Cambodian government to submit to the ASEAN leaders who would attending ...
Long Kimmarita
https://www.phnompenhpost.com/national/capital-hosts-peoples-congress
NSSF health coverage for more groups
The National Social Security Fund (NSSF) plans to offer free healthcare to new target groups under a new programme. The first and largest group includes vendors and those who work in related informal jobs, like street vendors. He added the other target groups include digital ...
Tith Kongnov
https://www.khmertimeskh.com/501434860/nssf-health-coverage-for-more-groups/
Domestic violence campaign starts
Local and international NGOs, universities and government institutions on Monday began the annual international “16 Days of Activism against Gender-Based Violence” campaign demanding the elimination of all forms of violence against women. National Police spokesman Chhay Kim Khoeun said there was no recorded figure in ...
Niem Chheng
https://www.phnompenhpost.com/national/domestic-violence-campaign-starts
Anti-Eviction Activists Conjure Up Curses to Bolster Cause
Residents of Phnom Penh’s Boeng Kak and Borei Keila neighborhoods yesterday sprinkled a concoction of chili, salt and black rice into flames of a small fire in front of the Phnom Penh Municipal Court to “curse” the court officials they accuse of unjustly charging and ...
Cambodia Takes Aim at the Dominant Dollar
PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...
http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html
Despair in Pursat as students begin to exit
Nineteen families from Pursat province’s Prangil commune, plagued by a long-running land dispute with developer Pheapimex, are in despair now that student volunteer surveyors cannot help them reclaim land they say is rightfully theirs. Prime Minister Hun Sen on Wednesday revealed he had revised his ...
For Agricultural Investors, an Abundance of Risks
As wealthy Gulf states look to meet their food needs by investing in agriculture projects abroad, Cambodia-with its underutilized land and attractive foreign investment policies-makes a nearly perfect investment destination. But endemic corruption, land conflicts, a badly implemented economic land concession program, and an unreliable judiciary could ...
Cambodia’s elderly faces increasing hardships
Like many developing countries, Cambodia’s mainly agricultural society is changing fast, driven by urbanization and falling fertility rates. As young workers move to the cities, older people are staying back in the villages, where they have little support. Although former civil servants and soldiers get ...
Robert Carmichael
http://www.voanews.com/content/cambodia-elderly-facing-increasing-harships/2516170.html
Stock Trading to Start Next Month With Water Authority IPO
The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...