Share price set for port’s $5.2M IPO
Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/share-price-set-ports-52m-ipo
University students encouraged to focus on digital technology
Ministry of Commerce (MoC) has encouraged university students in Cambodia to focus on digital technology and innovation developments amid the remarkably growing Industry Revolution 4.0 and e-commerce business after the e-commerce law was passed. ...
Kang Sothear
https://www.khmertimeskh.com/501139165/university-students-encouraged-to-focus-on-digital-technology/
NGOs firm against draft law before meeting with lawmakers
NGOs remained united Tuesday in their staunch opposition to a draft law that would force all non-government groups in the country to register with the state, but were split on whether to take up the ruling CPP on its offer for an 11th-hour consultation ahead ...
Kuch Naren and Zsombor Peter
https://www.cambodiadaily.com/news/ngos-firm-against-draft-law-before-meeting-with-lawmakers-87533/
Made here, owned there
At the end of a well-paved road just past the city’s airport sits a cluster of factories. Each one is barely discernible from the next – grey concrete walls and blue aluminium roofs. But one factory in the lot, MAG (Cambodia), is different. In a country ...
Daniel de Carteret
http://www.phnompenhpost.com/business/made-here-owned-there
Families stand firm on eviction
A group of families whose homes are in the way of a municipal road-widening project rejected an offer from city hall on Friday to relocate and receive financial compensation, representatives from the community said. Located on the outskirts of Phnom Penh in Tuol Kork district, community ...
IMF Report Cites Key Economic Reforms
Despite an economic forecast of 6.5 percent growth for Cambodia this year, the International Monetary Fund (IMF) warned in a report released Monday that the government must continue to develop infrastructure, increase public revenues and practice fiscal safeguarding in order to sustain growth in the ...
Telecom Cambodia finds Vietnamese ISP partner
State-owned Telecom Cambodia has signed a business cooperation agreement with Vietnam National Post and Telecommunications Corp in order to bolster TC’s product portfolio and coverage area, company officials said yesterday. Telecom Cambodia offers both fixed-line phone and internet services in the Kingdom. Vietnam National Post and ...
National testing could widen
Cambodia may soon have new standardised exams to hold its students, teachers and education system accountable. “Everyone agrees that the improved enrolment rates in primary school is an accomplishment; at the same time, everyone also calls for quality-control improvement [which] means better testing,” said Jan ...
Laignee Barron
http://www.phnompenhpost.com/national/national-testing-could-widen
Announcement on the postponement of the High School Diploma Examination dated 21 December 2020 to mid-January 2021
On 07 December 2020, the Ministry of Education, Youth and Sport issued an announcement on the postponement of the High School Diploma Examination dated 21 December 2020 to mid-January 2021. The decision was made due to the uncertain situation of the impact of the 28 ...
Ministry of Education, Youth, and Sport
Sihanoukville port announces bookbuild and IPO date
The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31, the company’s sole underwriter said ...
Hor Kimsay
http://www.phnompenhpost.com/business/sihanoukville-port-announces-bookbuild-and-ipo-date
Thai bank’s $140M offer to buy Cambodian MFI on hold
Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...
Hor Kimsay
http://www.phnompenhpost.com/business/thai-banks-140m-offer-buy-cambodian-mfi-hold
RCEP offering Cambodia platform for structural transformation
The Regional Comprehensive Economic Partnership (RCEP) is offering the Kingdom an ideal platform for economic structural transformation, a study carried out by a leading economic research institute has found. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501381922/rcep-offering-cambodia-platform-for-structural-transformation/
Official Urges Students to Take Technical Studies to Find Work
A preference for NGO and government jobs among young Cambodians was contributing to a critical labor shortage in the industrial manufacturing sector, a Labor Ministry official said yesterday. Speaking to 3,000 prospective university students on Phnom Penh’s Diamond Island, Labor Ministry Secretary of State Pich Sophoan ...
Promotions few in financial sector
In late 2009, two months after graduating with a degree in economics, Heng Piseth found a job as a credit officer with a microfinance institution in Kampong Thom province. The story reflects a larger trend confronting young Cambodians entering the financial sector’s job market. While ...
http://www.phnompenhpost.com/business/promotions-few-financial-sector
SEUN Vichra
Web Development and IT OfficerVichra is mainly responsible for ensuring the well-functionality of IT network systems and infrastructure, including hardware and software. Moreover, his primary responsibility is on digital security control, system upgrade, and other IT-related support. Additionally, he supports website development and maintenance.Vichra held ...
Compensation: City Hall eyes impact of ‘Sky Bridge’
A study commissioned by the government looking at the impact of the new Techo Sky Bridge project in Phnom Penh has found that 30 families are in line for compensation, as is the neighbouring University of Technology and tycoon Othman Hassan, a secretary of state ...
Sen David
http://www.phnompenhpost.com/national/compensation-city-hall-eyes-impact-sky-bridge
Future of E-Business linked to skills
The future of e-business in Cambodia depends on gaining better skills, a group of students heard yesterday at the University of Puthisastra. In a panel discussion on the future of e-business as part of BarCamp Phnom Penh, T.O. Software president Heng Chamroeun offered advice to the ...
Cambodia organizes large-scale trade fair to boost import-export activities
The 7th Cambodia Import-Export Promotion Exhibition kicked off here on Saturday, aiming at promoting local trade and trade between the country and its foreign trading partners. The four-day event, held at the capital’s Diamond Island Exhibition Center, brought together products from 21 countries around the world, ...
http://news.xinhuanet.com/english/business/2012-12/15/c_132042699.htm
Milled rice exports gaining traction
The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...
Homes Razed to Stop ‘Secession,’ Officials Say
The homes of nearly 200 families living in Pursat province’s Veal Veng district were demolished yesterday and Monday after officials accused the residents of being involved in a secessionist plot, local officials and villagers said. District governor Chhe Chhiv said that authorities had demolished 191 homes ...