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PPWSA stock to list today

Investors, along with the next two companies expected to list on the Cambodia Securities Exchange, will watch carefully this morning the action on the country’s first initial public offering, nine months after the CSX officially opened. After a book-building process that was 17 times over-subscribed, Phnom Penh ...

http://www.phnompenhpost.com/index.php/2012041855632/Business/ppwsa-stock-floats-today.html

Party Law draws EU eyes

A European parliamentarian has submitted a “priority question” to Europe’s high representative for foreign affairs, Frederica Mogherini, urging strong action against Cambodia in response to recent threats by Prime Minister Hun Sen to dissolve opposition parties. EU Ambassador to Cambodia George Edgar yesterday agreed it’s ...

Cristina Maza
http://www.phnompenhpost.com/national/party-law-draws-eu-eyes

Stock market rings in PPAP

Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for ...

Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap

Anco report flawed: auditor

The auditor who submitted a report used to convict a husband and wife of embezzling tens of millions of dollars from a company owned by the wife of a tycoon senator admitted yesterday that the quality of his audit was “poor”. The report was used ...

http://www.phnompenhpost.com/index.php/2012030954952/National-news/anco-report-flawed-auditor.html

Report cites election day voter fraud

Voter rolls at several polling stations appear to have been “intentionally manipulated” in advance of the election to allow large groups of individuals to cast fraudulent ballots in communes where they were ineligible, according to a report released Saturday by rights group Licadho. One of the ...

http://www.phnompenhpost.com/national/report-cites-election-day-voter-fraud

Gambit by CNRP an ‘all-in’ move

In its switch to a strategy of nonstop demonstrations calling for a new election, the opposition party has made a calculated decision to go “all-in” and toughen its stance in a bid to ramp up domestic pressure on the ruling party, political analysts said yesterday. Since ...

Kevin Ponniah
http://www.phnompenhpost.com/national/gambit-cnrp-%E2%80%98all-%E2%80%99-move

Hun Sen hits back at judicial reform criticism

Prime Minister Hun Sen used a graduation ceremony in Phnom Penh Monday to denounce criticism from civil society groups who say that his government is rushing judicial reforms into law without ap­­propriate public consultation. Speaking at the ceremony for about 1,800 students from the Asia Euro ...

Khy Sovuthy
http://www.cambodiadaily.com/news/hun-sen-hits-back-at-judicial-reform-criticism-57613/

Hun Sen: Kingdom’s economy to grow 7.1%

Cambodia’s economic growth is projected at 7.1 per cent this year or about $24 billion thanks to the good performance of the industrial sector that is creating strong domestic revenue. Speaking at the graduation ceremony of Cambodia University of Specialties on Wednesday, Prime Minister Hun ...

Thou Vireak
https://www.phnompenhpost.com/business/hun-sen-kingdoms-economy-grow-71

Education ushers women into workforce

Gender inequality in education is still palpable in Cambodia, causing women to be undervalued in the workplace and their potential to be untapped, the Under Secretary of State at the Ministry of Women’s Affairs said during the celebration of the United Nations International Day of the ...

http://www.phnompenhpost.com/index.php/2012100859160/Business/education-to-empower-new-generation-of-women-leaders.html

Success story of data literacy training program: LY Vichheka

In Cambodia, data-driven storytelling is almost non-existent and still a very new concept to most journalists, media branches, newsrooms and CSOs. In the newsrooms, data journalism is rarely produced due to limited data literacy.The project aimed to train people in data-driven storytelling. While there is ...

Interest-free loans to lure businesses

HCM CITY — The HCM City government will offer interest-free loans to local companies doing business in the city, Laos and Cambodia. With a stimulus package of VND8 trillion (US$381 million), the city has approved interest-fee loans of up to VND100 billion ($4.7 million) over ...

http://vietnamnews.vnagency.com.vn/Economy/215583/Interest-free-loans-to-lure-businesses.html

Whereabouts of Bavet governor still a mystery

Government and police officials were at a loss yesterday to pinpoint the whereabouts of the Bavet town governor, who has been identified as a suspect in the shooting of three women at a protest two weeks ago. An arrest warrant had still not been issued for ...

http://www.phnompenhpost.com/index.php/2012030554855/National-news/whereabouts-of-bavet-governor-still-a-mystery.html

Cambodia Nothing To Fear From Openness And Competitions: Trade Minister

Cambodia so far has not feared for creating ASEAN economic community 2015 and deeper ASEAN and East Asia regional integration as the region will have free flow of goods, worker mobilization, finance and investment,” trade minister Cham Prasidh said on June 12. His announcement was made during the workshop of ASEAN economic community 2015. “We ...

http://thesoutheastasiaweekly.com/

Lifting maid ban proving a challenge

A lack of legal protections, insufficient commitment from the Malaysian government and an overworked, understaffed embassy are among the major obstacles to lifting the maid ban, according to an internal government report obtained yesterday. Penned by the Ministry of Interior, the 12-page brief details a ...

http://www.phnompenhpost.com/2013010960701/National/lifting-maid-ban-proving-a-challenge.html

US Ambassador Calls for Election Investigation, NEC Reform

Repeating his country’s call for a transparent investigation into irregularities during the July 28 national election, the U.S. ambassador to Cambodia has urged the government to repair deficiencies in the electoral process. While some foreign governments have issued congratulatory messages to Prime Minister Hun Sen and ...

The Cambodia Daily
http://www.cambodiadaily.com/elections/us-ambassador-calls-for-election-investigation-nec-reform-38282/

Cambodia's bourse sees slow progress in 1st year of operations

The Cambodia Securities Exchange (CSX) has seen slow progress in its first year of operations because there has been only one listed firm and public knowledge about the stock market remains low, officials said Thursday. The CSX was officially launched trading on April 18 last year ...

Nguon Sovan
http://news.xinhuanet.com/english/world/2013-04/18/c_132320982.htm

Major banks show more agricultural sector trust

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...

http://www.phnompenhpost.com/2013050965499/Business/major-banks-show-more-agricultural-sector-trust.html

Ethical Sugar Group Suspends Tate & Lyle Over Plantations

An international group that promotes the ethical sourcing of sugar for the food and energy industries has suspended the membership of U.K. sugar giant Tate & Lyle for failing to answer complaints that it was buying from Cambodian plantations accused of stealing land from local ...

http://www.cambodiadaily.com/news/ethical-sugar-group-suspends-tate-lyle-over-plantations-35438/

Rice plots blocked at dam site

In a first step toward clearing villagers from land intended for a planned Koh Kong provincial hydroelectric dam, a Chinese development firm has blocked a road leading to plots where villagers have continued to harvest rice. Officials from Tianjin Union Development Group, which was awarded a ...

Sen David
http://www.phnompenhpost.com/national/rice-plots-blocked-dam-site

Water Authority Share Price Hits New Low

The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...

Hul Reaksmey
http://www.cambodiadaily.com/business/water-authority-share-price-hits%E2%80%88new-low-42002/

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