iPhone struggles for a place in Cambodian market
It will not be enough for Apple to simply offer a cheaper iPhone for the company to gain share in the competitive Cambodian smartphone market, according to industry insiders. They say Apple’s operating system, iOS, may also restrict their potential growth. Bloomberg last week reported that Apple ...
Central Bank Halts New Licenses - For Now
Despite receiving applications from banks looking to enter Cambodia’s market, the central bank has said it will offer no more commercial banking licenses as the market already has enough players. The decision appears to follow advice offered by the International Monetary Fund earlier this year that ...
Borei Keila deal taken by some
Fifty families who have lived in squalid conditions at Borei Keila in the capital’s Prampi Makara district since they were evicted and their homes destroyed have accepted City Hall’s offer of temporary shelter at the site, their representatives said yesterday. Evictee Sar Son said the 50 ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/borei-keila-deal-taken-some
Requirements for the public offering of equity securities in Cambodia
Generally, funds can be obtained from banks and other financial institutions, fund management companies, family members, friends or a securities market by issuing equity and/or debt securities. This article will outline the requirements, mechanisms, procedures and approval for the public offering of equity securities. ...
Developer ordered to halt work on disputed land
The governor of Phnom Penh’s Chroy Changva district Wednesday ordered the private firm heading a $3-billion real estate project on the peninsula to temporarily stop pumping sand onto land being contested by about 40 local families, but urged the families to reconsider the compensation on ...
Sek Odom and Matt Blomberg
http://www.cambodiadaily.com/news/developer-ordered-to-halt-work-on-disputed-land-63087/
Cambodia welcomes Chinese premier's pledge of over 3 bln USD aid to GMS countries
A senior official of the Cambodian government on Saturday welcomed Chinese Premier Li Keqiang’s pledge of 3.09 billion U.S. dollars aid to the Greater Mekong Subregion (GMS) member countries, saying the offer is essential for socio-economic development and poverty reduction. The offer includes 1 billion ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-12/20/c_133868594.htm
Kingdom set to contain community virus transmission
The World Health Organisation (WHO) announced in a Friday report that Cambodia is alert and ready to respond to a larger-scale community coronavirus transmission and has demonstrated effective rapid response to initial cases. ...
Khorn Savi
https://www.phnompenhpost.com/national/kingdom-set-contain-community-virus-transmission
A floating community in Siem Reap adopting plastic free approach to combat pollution
A floating community in Tonle Sap Lake in Keo Por commune, Puok district of Siem Reap province is aware of environmental impact caused by plastic wastes – thanks to their participation in a campaign to clear the lake from plastic. ...
Lim Nary/AKP
https://www.khmertimeskh.com/50797225/a-floating-community-in-siem-reap-adopting-plastic-free-approach-to-combat-pollution/
Indigenous communities concerned new environment code undermines their rights
The Environment and Natural Resources Code officially passed into law last month, but the term “indigenous” has been removed from key sections, leaving indigenous communities concerned that the code undermines their rights. ...
Seoung Nimol
https://cambojanews.com/indigenous-communities-concerned-new-environment-code-undermines-their-rights/
CPP and Chinese Communist Party vow to strengthen community-building of a common destiny
The Cambodian People’s Party (CPP) and the Communist Party of China (CPC) are committed to strengthening cooperation towards building a common Cambodian-Chinese community of destiny in the new era. ...
Khmer Times Staff
https://www.khmertimeskh.com/501354380/cpp-and-chinese-communist-party-vow-to-strengthen-community-building-of-a-common-destiny/
Disabled education lacking
In an internal report released this week, the Ministry of Education gave itself high marks for the access to education it offers disabled children, offering a rundown of successes in the field dotted with green checkmarks, not unlike a school report card. However, though the ministry ...
Rebecca Moss
http://www.phnompenhpost.com/national/disabled-education-lacking
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/
Beijing supports Asian free-trade area
Premier Wen Jiabao said on Monday China supports pushing forward an Asian free-trade area, which will cover 28 percent of world’s total export volume. Previous reports said China is expected to make announcements on Tuesday in Phnom Penh that it will join the talks for the ...
http://www.chinadaily.com.cn/china/2012-11/20/content_15942795.htm
Hun Sen Tells Ratanakkiri’s Minorities Their Future Is Rubber
On the second day of his two-day visit to Ratanakkiri, Prime Minister Hun Sen on Friday cajoled indigenous minority members about their ready adoption of new technology amid the shift away from traditional ways of life, and extolled the benefits of rubber plantations over their ...
http://www.cambodiadaily.com/news/hun-sen-tells-ratanakkiris-minorities-their-future-is-rubber-6519/
U.S. Ambassador to Cambodia returns from reverse trade mission in U.S.
U.S. Ambassador to Cambodia, William E. Todd returned from a reverse trade mission in the United States to promote trade and investment opportunities in Cambodia. Around 50 Cambodian business representatives accompanied Mr. Todd in meetings with several U.S. businesses, investors, and trade associations in Long Beach, ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MTZjMjQxMDAzOGI
Royal Media Launches Digital ONE TV Service
Royal Media Entertainment Co. Ltd., a joint venture between local conglomerate Royal Group and Russian General Satellite Co., announced yesterday that it has launched the country’s first digital pay-television service, ONE TV. Offering promotional subscription rates between $3 and $12 a month, services will begin in Phnom ...
Insurance, banks join forces
Cambodia Life Insurance Company Plc plans to bundle services with banks to offer guarantees on mortgages, company representatives said. The service is hoped to make mortgages more accessible in a country where housing loans are still considered risky business. Collateral is usually required to take loans ...
http://www.phnompenhpost.com/index.php/2012080357789/Business/insurance-banks-join-forces.html
Failing to sew up support
Cambodian stockbrokers yesterday admitted to a disappointing level of investor interest in Grand Twins International’s (GTI) initial public offering. Garment industry unrest, distrust in the private sector and a lack of liquidity in the market were all said to be discouraging investors from buying into the ...
Eddie Morton
http://www.phnompenhpost.com/business/failing-sew-support
Japan provides US$1,561,805 for construction of bridges for rural development, promotion of sustainable agricultural conditions for poverty reduction, and promotion of community development through mine clearance
The Government of Japan has agreed to provide US$242,367 to Mondulkiri Provincial Department of Rural Development for “The Project for Constructing Bridges in two Communes in Kaoh Nheaek District, Mondulkiri Province” under the framework of the Grant Assistance for Grassroots Human Security Projects (“KUSANONE” Grant), ...
Embassy of Japan in the Kingdom of Cambodia
Women from 6 poor communities in Phnom Penh face online restrictions: report
The August report from Sahmakum Teang Tnaut (STT) was released yesterday and revealed that social media rights for women in six poor communities in Phnom Penh were restricted by threats and intimidation from local authorities after they shared information on the challenges they face in ...