Sihanoukville port announces bookbuild and IPO date
The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31, the company’s sole underwriter said ...
Hor Kimsay
http://www.phnompenhpost.com/business/sihanoukville-port-announces-bookbuild-and-ipo-date
Thai bank’s $140M offer to buy Cambodian MFI on hold
Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...
Hor Kimsay
http://www.phnompenhpost.com/business/thai-banks-140m-offer-buy-cambodian-mfi-hold
RUPP Vietnamese Language Department to offer 3 courses
Minister of Education, Youth and Sports Hang Chuon Naron issued a proclamation on November 22, 2021, to establish the Institute of International Studies and Public Policy of RUPP where students can study in the Vietnamese Language Department and obtain a bachelor’s in Vietnamese studies, Vietnamese ...
Hang Punreay
https://www.khmertimeskh.com/501133204/rupp-vietnamese-language-department-to-offer-3-courses/
RCEP offering Cambodia platform for structural transformation
The Regional Comprehensive Economic Partnership (RCEP) is offering the Kingdom an ideal platform for economic structural transformation, a study carried out by a leading economic research institute has found. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501381922/rcep-offering-cambodia-platform-for-structural-transformation/
Cambodia organizes large-scale trade fair to boost import-export activities
The 7th Cambodia Import-Export Promotion Exhibition kicked off here on Saturday, aiming at promoting local trade and trade between the country and its foreign trading partners. The four-day event, held at the capital’s Diamond Island Exhibition Center, brought together products from 21 countries around the world, ...
http://news.xinhuanet.com/english/business/2012-12/15/c_132042699.htm
Milled rice exports gaining traction
The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...
Homes Razed to Stop ‘Secession,’ Officials Say
The homes of nearly 200 families living in Pursat province’s Veal Veng district were demolished yesterday and Monday after officials accused the residents of being involved in a secessionist plot, local officials and villagers said. District governor Chhe Chhiv said that authorities had demolished 191 homes ...
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
Telecom Cambodia postpones plan to list on local bourse
State-owned fixed-line company Telecom Cambodia’s (TC) plan to join the Cambodia Securities Exchange (CSX) has been postponed indefinitely because of its poor financial performance, reports The Phnom Penh Post. The company will need to redesign its business plan to improve operations, said Sarak Khan, secretary ...
http://www.telecompaper.com/news/telecom-cambodia-postpones-plan-to-list-on-local-bourse--931448
Giant Development in Cambodia Hinges on Chinese Buyers
There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...
Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1
China’s president Xi arrives bearing gifts
Chinese President Xi Jinping is not one to arrive without a gift. On his first visit to Cambodia as head of state on Thursday, he pledged some $237 million in aid, erased almost $90 million in state debt, offered nearly $15 million in military support and ...
Khy Sovuthy, Ben Paviour and Khuon Narim
https://www.cambodiadaily.com/news/chinas-president-xi-arrives-bearing-gifts-119274/
Sihanoukville Port uncompetitive ahead of listing
Just months before Sihanoukville Autonomous Port is supposed to list on the Cambodia Securities Exchange, officials said yesterday that the state-owned enterprise is still more expensive and slower at processing goods than other ports in the region. An investor said that the problems confronting the port ...
Share Price Set for Stock at City Water Authority
Shares of the state-owned Phnom Penh Water Supply Authority (PPWSA) will trade at 6,300 riel, or $1.57, when the firm launches its initial public offering (IPO) on the Cambodian bourse on April 18, PPWSA announced yesterday. The price puts the company at the top of the ...
‘Alternative’ approach for drug addicts: gov’t
After facing heavy criticism for the conditions inside its drug-rehabilitation centres, the Ministry of Health has said it will begin offering an alternative community-based approach at health centres nationwide by 2015. According to Chhum Vanarith, a secretary of state in the Health Ministry, the alternative ...
Sen David and Charles Rollet
http://phnompenhpost.com/national/%E2%80%98alternative%E2%80%99-approach-drug-addicts-gov%E2%80%99t
ASEAN cannot act on behalf of claimant states in South China Sea dispute: Cambodian PM
Cambodian Prime Minister Hun Sen said Wednesday that the Association of Southeast Asian Nations (ASEAN) cannot act on behalf of the countries concerned in the South China Sea dispute and urged all parties involved to continue negotiations. ...
The Cambodia Herald News Staff
http://bit.ly/1D1D9XU
Finance minister’s wife gets state land in Keo Seima for ecotourism
Protected areas in Kirirom National Park and the Keo Seima Wildlife Sanctuary are being privatized for companies run by family members of notorious tycoon Choeung Sopheap as well as the wife of the country’s finance minister. ...
Seoung Nimol
https://vodenglish.news/finance-ministers-wife-gets-state-land-in-keo-seima-for-ecotourism/
This country just made it legal for cops to keep 70% of All the traffic fines they collect
Drivers in Cambodia have a lot to contend with: cavernous potholes, weaving motorcycles kicking up clouds of choking dust and noodle hawkers trundling down the “fast” lane. Now motorists may find their pockets as ravaged as their nerves, after officials announced a fivefold bump in ...
Charlie Campbell
http://time.com/3976259/cambodia-traffic-police-keep-fines-corruption/
Private firms plan CSX IPOs
A logistics firm and two garment manufacturers planned to list on the Cambodia Securities Exchange during the second half of 2012, underwriter Phnom Penh Securities said yesterday. The companies are the first known private businesses to confirm their intentions of listing on the Kingdom’s still-dormant bourse. Manufacturing ...
http://www.phnompenhpost.com/index.php/2011110352509/Business/private-firms-plan-csx-ipos.html
New ‘rehab’ centre offers jobs training, life skill help
The government will formally inaugurate a community-based national drug rehabilitation centre on March 22 in Preah Sihanouk province, with the centre focusing on vocational training for addicts to provide them with a clear career path and life skills when reintegrating into society. ...
Voun Dara
https://www.phnompenhpost.com/national/new-rehab-centre-offers-jobs-training-life-skill-help
Stock Exchange Launches, Waits for Customers
The Cambodian Stock Exchange in Phnom Penh was launched by Finance Minister Keat Chhon, who has called on state-owned corporations to prepare for their initial public offerings. No companies as of yet are listed on the Cambodian Securities Exchange (CSX), though the launch was symbolic ...