Hun Sen Hands More Four-Star Promotions to 6 Police Chiefs
In case the 29 officers Prime Minister Hun Sen promoted on January 30 to four-star general were not enough, six Interior Ministry police chiefs were also promoted to the same top rank late last month. A January 22 royal decree, obtained Wednesday, elevated the six lieutenant ...
Saing Soenthrith
http://www.cambodiadaily.com/news/hun-sen-hands-more-four-star-promotions-to-6-police-chiefs-51541/
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.property-report.com/cambodias-mega-development-lures-chinese-investors-34672
Growth to be focus of ASEAN Economic Summit
Prime Minister Hun Sen will be opening the 44th ASEAN Economic Ministers Meeting and related meetings will kick off August 27 in Siem Reap, the centre of Khmer culture and civilization in Cambodia, and will run to September 1, according to the Ministry of Commerce. The meeting ...
MobiTel, Smart Fight It Out Over Prices
With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...
http://www.cambodiadaily.com/news/mobitel-smart-fight-it-out-over-prices-21085/
United States shows interest in energy sector
Ambassador Patrick Murphy has expressed willingness to push private investors in the United States to work with the Kingdom’s oil and gas sector, so long as Cambodia is keen to coordinate with them. ...
Sun Mesa
https://www.khmertimeskh.com/50671915/united-states-shows-interest-in-energy-sector
New govt planning more state aid
While fresh aid is being planned for the impoverished through the social security fund, the incoming administration will keep up the practice of giving allowances to expectant mothers and young children. ...
Tith Kongnov
https://www.khmertimeskh.com/501348213/new-govt-planning-more-state-aid/
Templeton Cautions Investors Riding Myanmar, Cambodia Growth
Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, Southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water Supply Authority will have its initial public offering this month, making it the first to ...
Firms that list to see tax cut
New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. The sub-decree, which was signed off by Prime Minister Hun ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/firms-list-see-tax-cut
S'ville Port Likely to Miss Bourse Registration Date
An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...
Paper out, digital in at 20 hospitals
Twenty hospitals and clinics in the capital, Siem Reap and Battambang provinces have participated in the “Leveraging Technology to Upgrade Cambodian Healthcare” project to “go digital and go green” by switching from traditional paper-based operations to a new digital hospital management system developed by Peth ...
Mom Kunthear
https://www.phnompenhpost.com/national/paper-out-digital-20-hospitals
NEC plans to offer online registration
The National Election Committee (NEC) has a tentative plan to register political parties and candidates online next year to bolster trust in Cambodian elections and the country’s information technology system. ...
Nov Sivutha
https://www.phnompenhpost.com/national/nec-plans-offer-online-registration
New investment law offers attractive incentives for agriculture
Cambodia’s Investment Law heralds new opportunities for investors, offering generous incentives and a focus on diversified sectors. Agriculture takes center stage with attractive tax reliefs and a vision for climate-smart practices. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-new-investment-law-offers-attractive-incentives-for-agriculture
Phnom Penh job fair offers 4,500 openings
The National Employment Agency (NEA) under the Ministry of Labour and Vocational Training, in collaboration with the Union of Youth Federations of Cambodia (UYFC), organised a two-day job fair and career guide, with a total of 4,500 job opportunities from 25 companies. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/phnom-penh-job-fair-offers-4500-openings
Apparel workers demand $14 vs $1 employer offer in wage negotiations
Negotiations surrounding the minimum wage for workers in the textile, apparel, footwear and travel goods sector have started, with employee representatives proposing a $14 increase while employer representatives put forward $1. ...
Thang Sinorn
https://kiripost.com/stories/apparel-workers-demand-14-vs-1-employer-offer-in-wage-negotiations
Firm begins process to determine IPO share price
Grand Twins International (Cambodia) Plc., a manufacturer of clothes for U.S. athletic brands, on Monday will begin recording investor demands to determine the price for an initial public offering (IPO) as part of the last steps to list on the Cambodian Stock Exchange (CSX), though ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/firm-begins-process-to-determine-ipo-share-price-53869/
Air Asia expands services, flights
Malaysia-based Air Asia will begin offering travel services in Cambodia, and may expand its flights to neighbouring countries, company officials said. The airline launched its first Air Asia Travel and Service Center in Phnom Penh yesterday. Air Asia will partner with tour operator Mekong Discovery. So Mara, ...
http://www.phnompenhpost.com/index.php/2011121353316/Business/air-asia-expands-services-flights.html
Cambodia Bourse Sees End to IPO Drought
Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...
http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj
Cambodia's first IPO nears
Cambodia’s first initial public offering is fast approaching, and demand is expected to be robust. Bookbuilding, the process during which bids are taken and a price set for shares, ended last Wednesday for Phnom Penh Water Supply Authority (PPWSA). The final offering price will be announced ...
http://www.bangkokpost.com/business/economics/284959/cambodia-first-ipo-nears
Investment accounts open
Several securities firms are opening accounts, even as the first listing on the Cambodia Securities Exchange are not expected until later this year, company officials said yesterday. The CSX was launched on July 11 without any listed firms, though state-owned Telecom Cambodia, Phnom Penh Water Supply ...
http://www.phnompenhpost.com/index.php/2011072850678/Business/investment-accounts-open.html
Disability benefits to be broadened by gov’t
A Ministry of Social Affairs official yesterday announced that, starting next year, the government would offer regular payments of 20,000 riel (about $5) to all disabled Cambodians, a benefit that so far has only been available to retired disabled soldiers. In an announcement that coincided with ...
Sen David
http://phnompenhpost.com/national/disability-benefits-be-broadened-gov%E2%80%99t