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On the World Cup clock

It’s day seven of the FIFA World Cup, and the night staff at Phnom Penh’s popular Score Sports Bar and Grill are looking a bit sleep-deprived. Score is paying its staff “very well” in extra wages during the World Cup for the long nights they ...

Kevin Ponniah
http://www.phnompenhpost.com/national/world-cup-clock

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/

UN says Australia refugee pact with Cambodia worrying precedent

Australia’s pact to allow some refugees to be transferred to Cambodia sets a troubling precedent for international practices on handling asylum seekers, according to the UN High Commissioner for Refugees. The deal, signed yesterday in Phnom Penh, applies to an initial 200 refugees detained by Australia ...

David Stringer
http://www.bloomberg.com/news/2014-09-27/un-says-australia-refugee-pact-with-cambodia-worrying-precedent.html

Cambodia's elderly receive inadequate support

For 70-year-old Chan Shay, the choice between working through old age and a retirement in poverty is an obvious one. Shay, a cyclo taxi driver in Phnom Penh, said that while he dreams of retiring to his home in Takeo province, in reality he can see ...

Alice Cuddy and Khouth Sophak Chakrya
http://www.ucanews.com/news/cambodias-elderly-receive-inadequate-support/72092

Private sector leaders to meet with Hun Sen

The private sector will meet with Prime Minister Hun Sen in April for the 19th Government-Private Sector Forum, which aims to address issues being faced by the business community. Lim Heng, vice-president of the Cambodia Chamber of Commerce (CCC) and director of coordination for the ...

Hin Pisei
https://www.phnompenhpost.com/business/private-sector-leaders-meet-hun-sen-0

Telecoms operator educates the masses

Telecoms operator Metfone, a subsidiary of Vietnam’s Viettel Group, has deployed a digital education system in Siem Reap, approaching a total of 3,000 schools nationwide. In a memorandum of understanding (MoU) signing ceremony yesterday, Siem Reap’s 10 Makara 1979 High School became the latest education ...

Sok Chan
https://www.khmertimeskh.com/50757705/telecoms-operator-educates-the-masses/

Kampot governor lauds battlefield transformed into banana plantation

Kampot provincial governor Mao Thonin offered a former battlefield turned banana plantation as an example of one of the province’s great success stories. “Once the site of immeasurable suffering, it is now a popular tourist attraction, while also producing up to 2,500 tonnes of export ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/kampot-governor-lauds-battlefield-transformed-banana-plantation

New tourism-recovery loans slowing: SME Bank

A total of $53.46 million in loans have been disbursed to 346 tourism-linked businesses through state-owned Small and Medium Enterprise Bank of Cambodia Plc’s (SME Bank) $150 million Tourism Recovery Co-Financing Scheme (TRCS) as of April 30, since the loans began to be offered in ...

May Kunmakara
https://www.phnompenhpost.com/business/new-tourism-recovery-loans-slowing-sme-bank

Lion Forest Industries’ RM78.3m Cambodian Investment

Kuala Lumpur–Lion Forest Industries BHD (LFIB) is acquiring 58,000 hectares under an economic land concession (ELC) in Cambodia for US$26.1 million (RM78.3 million) to cultivate oil palm and rubber trees. LFIB said on Monday, Aug 29 the concession would not be less than 70 years under ...

http://www.theedgemalaysia.com/business/192189-lion-forest-industries-rm783m-cambodian-investment.html

CSX Slated to Start Trading by the End of 2011

While the Cambodia Securities Exchange (CSX) recently opened its doors for business, it’s not quite ready to actually do business. As it currently stands, there is no actual trade taking place, making it the smallest bourse in the world in terms of market capitalization. However, ...

http://www.etmcambodia.com/

Cambodia and China Ink Aid, Trade Deals

Prime Minister Hun Sen and a visiting top Chinese official on Saturday presided over the signing of 29 letters and memoranda covering a broad range of business and military deals, including a $195.5 million loan for Cambodia to purchase Chinese-made military helicopters. A summary of ...

http://www.camnet.com.kh/cambodia.daily/

PPWSA makes pitch to investors before IPO

Trading on the Cambodian Securities Exchange should begin at the end of March as the Kingdom’s first stock, Phnom Penh Water Supply Authority, prepares to consult and share information with potential investors this week. The company would host a “roadshow” for investors in anticipation of its ...

http://www.phnompenhpost.com/index.php/2012022854744/Business/ppwsa-makes-pitch-to-investors-before-ipo.html

Ban on Thesis Topics Needed, Scholars Say

Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...

Wealthy Splurge on 'Lucky' License Plates, Phone Numbers

Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...

Shift in CNRP's political strategy to win elections

The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...

http://www.phnompenhpost.com/index.php/2012120460080/National-news/shift-in-cnrps-political-strategy-to-win-elections.html

Commune Chief Collectors’ Scam Follows Election

The commune election had only just ended on Sunday when the scam had started. On Tuesday, a well-dressed man claiming to be the brother of one of Phnom Penh’s newly reelected commune chiefs visited a business to present an invitation. It was convincing: The father of the ...

Thai Press Gives Conflicting Reports on Chams

Thai media reports yesterday offered conflicting information on whether members of Cambodia’s Cham community were joining a long-running Muslim insurgency in Thailand’s southern provinces. According to the [Bangkok] Post, General Prayuth said most of the Cambodian Muslims were traveling on to other countries in search ...

Cambodia business embraces Facebook advertising

With an average of 1,100 additions every day, a new user joins Facebook in Cambodia every two minutes, according to estimates from social media marketing and advertising agency Social Media Plus. Founder of Social Media Plus Anthony Galliano said more and more companies operating in Cambodia ...

http://www.phnompenhpost.com/2013021261301/Business/cambodia-business-embraces-facebook-advertising.html

Adidas joins fashion district

Phnom Penh now offers Adidas brand-name sportswear at #90 Sihanouk Boulevard just west of the Independence Monument in the latest enhancement of what has become Cambodia’s fashion district. Phnom Penh’s movers and shakers were on hand for Saturday night’s Adidas launch event with a tent-enclosed street-side stage adjacent ...

http://www.phnompenhpost.com/index.php/2012080657821/Business/adidas-joins-fashion-district.html

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