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, ...
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 ...
Kanharith reiterates no TV Station for broadcaster Sonando
Information Minister Khieu Kanharith on Wednesday revealed plans to split state-run TVK into three separate television stations but reiterated that no frequencies are available for independent radio broadcaster Mom Sonando. Mr. Sonando, who owns Beehive radio station, has over the past several years repeatedly requested a ...
Khuon Narim
http://www.cambodiadaily.com/news/kanharith-reiterates-no-tv-station-for-broadcaster-sonando-53279/
Standard forms aim for public bid transparency
The Ministry of Economy and Finance on Monday announced the release of standardised bidding forms for public contracts, a measure it said would increase transparency and accountability, though the opposition and Transparency International Cambodia offered more cautious assessments yesterday. According to a state media announcement, the ...
Stuart White
http://www.phnompenhpost.com/national/standard-forms-aim-public-bid-transparency
Kingdom urges NAM states to commit to multilateralism
A senior Cambodian diplomat called on Non-Aligned Movement (NAM) countries to renew their commitments to multilateralism and to find solutions to common challenges that all nations can support as no single country can address these global issues alone. ...
Ry Sochan
https://www.phnompenhpost.com/national/kingdom-urges-nam-states-commit-multilateralism
Huge swathes of land returned to state by evicted encroachers
Kampong Thom provincial authorities have determined that over 10,000ha of flooded forestland located in three different areas near the province’s Tonle Sap Lake shoreline have been illegally encroached upon, with more than 200 families having already returned in excess of 2,000ha of misappropriated land back ...
Long Kimmarita
https://www.phnompenhpost.com/national/huge-swathes-land-returned-state-evicted-encroachers
Trade spurt seen after PM’s Laos state visit
Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-spurt-seen-after-pms-laos-state-visit
DPM Men Sam An receives Lao State Inspection Authority delegation
Men Sam An, Deputy Prime Minister, Minister of National Assembly-Senate Relations and Inspection, received here on June 21 a Lao delegation led by Dr. Khamphanh Phommathath, Chairman of the State Inspection Authority. ...
Khmer Times Staff
https://www.khmertimeskh.com/501313226/dpm-men-sam-an-receives-lao-state-inspection-authority-delegation/
United States committed to encouraging more tourists to Cambodia
The United States of America is committed to attracting more tourists from the country to visit Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397373/united-states-committed-to-encouraging-more-tourists-to-cambodia/
Restore civic, political space and release Kem Sokha, UN member states urge Cambodia
Some United Nations member states called on the Cambodian government to restore civic and political space and the right to freedom of expression, with Cambodian officials responding that civilians are allowed to exercise their right to “public opinion with no limitations”. ...
Khuon Narim
https://cambojanews.com/restore-civic-political-space-and-release-kem-sokha-un-member-states-urge-cambodia/
Cambodian Public Bank offers loan repayment deals during COVID-19
Cambodian Public Bank is responding to the Coronavirus crisis by taking pro-active action to provide help to its customers in distress by restructuring and rescheduling their loans to eligible individual and business customers. ...
Khmer Times Staff
https://www.khmertimeskh.com/50710323/cambodian-public-bank-offers-loan-repayment-deals-during-covid-19/
National Career and Productivity Fair 2023 to offer over 20,000 vacancies
The National Career and Productivity Fair 2023, scheduled for Nov. 10 and 11, will offer more than 20,000 vacancies for potential young people and interested workers. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379769/national-career-and-productivity-fair-2023-to-offer-over-20000-vacancies/
Workers seek $14 minimum wage increase for 2025, employers offer $1
Cambodian worker representatives have called for a $14 increase in the minimum wage, while employer representatives have proposed a $1 increase on the current rate of $204 for 2025, according to a press release from the Ministry of Labour and Vocational Training following a meeting ...
Niem Chheng
https://www.phnompenhpost.com/national/workers-seek-14-minimum-wage-increase-for-2025-employers-offer-1
Protesters Stop Try Pheap Tractor From Clearing Land in Preah Vihear
More than 100 people on Thursday protested and stopped a bulldozer belonging to businessman Try Pheap from clearing their land next to a rubber plantation he owns in Preah Vihear’s Rovieng district, villagers and local officials said. Oeun Sitha said he was among more than 100 ...
Cambodia rejoins the world of stocks
Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...
Rail Operator Restarts Train Services to Kampot
Toll Royal Railways (TRR), the current operator of Cambodia’s dilapidated rail network, restarted freight services to Kampot province yesterday, four months after it suspended its work. TRR’s resumption comes on the heals of a rival proposal to manage the train network by a consortium that includes one ...
Garment firm to list on CSX
The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...
http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html
Risk Of Money Laundering Grows With Economy
With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...
http://www.cambodiadaily.com/news/risk-of-money-laundering-grows-with-economy-14444/
Flights planned from Beijing to Siem Reap, Phnom Penh
Chinese flag carrier Air China is expected to launch the first non-stop flights from Beijing to Cambodia as early as November this year, officials said yesterday. Director of the Air Transport Department of Cambodia’s State Secretariat of Civil Aviation, Vann Chanty, said that officials from ...
Cambodian police clash with thousands of garment workers, 23 hurt
At least 23 workers were hurt in Cambodia on Monday when police using stun batons moved in to end a protest over pay at a factory that makes clothing for U.S. sportswear company Nike , a worker and a trade union representative said. Police with riot ...
http://www.reuters.com/article/2013/05/27/cambodia-garments-workers-idUSL3N0E829T20130527