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Follow-up IPOs still on track

Sihanoukville Autonomous Port, one of two state-owned companies slated to list on the Cambodia Securities Exchange this year, yesterday called the price decline in the country’s first publicly traded company worrisome. The eight-day slide in price that neared Phnom Penh Water Supply Authority’s initial public offering ...

http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html

PM pushes voter registration amid claims of inaction

The National Election Committee (NEC) and all political parties should urge citizens – including those overseas – to register to vote, Prime Minister Hun Sen said yesterday, even as a prominent opposition lawmaker accused the government of offering “nothing” to enfranchise Cambodia’s thousands of migrant workers. ...

Mech Dara, Bun Sengkong and Cristina Maza
http://www.phnompenhpost.com/national/pm-pushes-voter-registration-amid-claims-inaction

SECC prepared to list shares of holding firms

The Securities and Exchange Commission of Cambodia (SECC) is drafting a prakas on public offerings of equity securities for holding companies to allow them to issue shares on the Cambodia Securities Exchange (CSX) in a move towards diversification and development of the nation’s capital markets. ...

May Kunmakara
https://www.phnompenhpost.com/business/secc-prepared-list-shares-holding-firms

BRI projects not to lead Cambodia into debt trap

The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/

Agriculture players can tap into new loan system

The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...

Yatt Malai
https://kiripost.com/stories/agriculture-players-can-tap-into-new-loan-system

Businesses urged to prioritise riel for salary payments

 The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...

Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments

Announcement on incentive mechanisms for voluntary business registration in the information and broadcasting sector

On 3 May 2024, Ministry of Commerce has decided to offer incentives for businesses registering voluntarily in the information and broadcasting sector. These incentives include a three-year exemption from public service duties for registered businesses and fine exemptions for businesses that have been operated but ...

Ministry of Commerce

Download: pdf

State borrowing may spike

Cambodia’s draft budget law for 2012 will seek to increase concessional borrowing by about 75 per cent compared to 2011, according to a copy of the draft obtained by the Post. A lack of aid commitment may have led to the increase in proposed borrowing, experts ...

http://www.phnompenhpost.com

Graduates not up to scratch: report

Cambodia’s tertiary system is not producing enough of the right type of graduates to meet the economy’s demands, says a report launched by the World Bank last week. The 222-page report, titled “Putting Higher Education to Work”, states that “quantity gaps are particularly strong in ...

http://www.phnompenhpost.com/index.php/2012030854935/National-news/graduates-not-up-to-scratch-report.html

Graduate convicted for bomb threat; sentence cut

The Siem Reap Provincial Court last week convicted Tao Savoeun, 26, of threatening to kill Interior Minister Sar Kheng at a graduation ceremony but will only require him to serve one month of his 15-month prison sentence, meaning he should be released within days.Mr. Savoeun, ...

Mech Dara
https://www.cambodiadaily.com/news/graduate-convicted-for-bomb-threat-sentence-cut-98225/

Program aims for safer workplaces for women

A new program launched yesterday has its sights set on ending the endemic problem of sexual harassment against women in the workplace. A ceremony at the Hotel Cambodiana marked the start of Safe Workplaces, Safer Communities, a project run by CARE Cambodia. The three-year program, which will ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/program-aims-safer-workplaces-women

Gov’t rejects 4 human rights recommendations

Cambodia on Thursday rejected four recommendations for improving its human rights situation that it initially accepted earlier this year during its second universal periodic review at the U.N. Human Rights Council in Geneva. It also “noted” 38 recommendations—meaning it has not committed to implementing them—some relating ...

Lauren Crothers
http://www.cambodiadaily.com/news/govt-rejects-4-human-rights-recommendations-62584/

Ministry of Culture participates in the ASEAN-Korea Music Festival Committee Meeting

Kong Sothearith, Deputy Director General of the ASEAN Department of the Ministry of Culture and Fine Arts, and So Sranos, Music Teacher of the Royal University of Fine Arts and Member of the National Representative Committee, attended the 2023 ASEAN-Korea Music Festival Committee Meeting from ...

Khmer Times Staff
https://www.khmertimeskh.com/1337461/ministry-of-culture-participates-in-the-asean-korea-music-festival-committee-meeting/

Cambodia in need of qualified librarians, says official

Mao Kolap, vice-president of Cambodian Librarian Associations, said yesterday that Cambodia requires more qualified librarians to match the standards of advanced libraries in other Asean countries. According to a report by the Cambodian Library Association, there are only three graduated librarians, while there are 400 ...

Torn Vibol
https://www.khmertimeskh.com/501194185/cambodia-in-need-of-qualified-librarians-says-official/

Japan provides grant assistance for raising awareness of environment issues, promoting remedial study and developing quality university for physical education through ICT

On 27 February 2023, the Embassy of Japan in the Kingdom of Cambodia issued a press release on the Grant Assistance for Japanese NGO projects. The Government of Japan will provide US$843,946 in total for three recipient organizations to carry out the following projects:Nature Center ...

Embassy of Japan in the Kingdom of Cambodia

Download: pdf

Fund raising: Kingdom may borrow more in 2012

Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...

http://www.phnompenhpost.com/index.php/2011110152450/Business/fund-raising-kingdom-may-borrow-more-in-2012.html

Prasac seeks commercial bank status

PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...

http://www.phnompenhpost.com/index.php/2012030254816/Business/prasac-seeks-commercial-bank-status.html

Investment needed to reach rice goal: experts

More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...

http://etmcambodia.com

Buying property by installment on the increase

The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...

http://www.phnompenhpost.com/index.php/Real-Estate/buying-property-by-instalment-on-the-increase.html

Thailand, Cambodia mull joint business, trade body

Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment. The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of ...

http://www.pattayamail.com/news/thailand-cambodia-mull-joint-business-trade-body-23289

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