Phnom Penh Water Supply Authority aimed to raise US$20.4 million in a long-awaited initial public offering scheduled for mid-April, the company said yesterday during its first pitch to investors. “We’ve targeted trading for the 18th of April,” said Han Kyung-tae, managing director of Tong Yang ...

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 ...

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 ...

Japan is providing $310 million in development aid to Cambodia to help bolster the country’s economy. About $42.7 million will be delivered as aid, while the rest will be packaged into soft loans which Cambodia has to repay, but on very favourable terms. ...

An Australian organic farming firm is offering jobs to Cambodians. The news came out at a meeting between Lexmin Pty Cambodia CEO Robert K Chelliah and Agriculture Minister Veng Sakhon yesterday. ...

FacebookTwitterEmailShareThe government will expand its support programme to female civil servants and contract workers who become pregnant, as enjoyed by pregnant garment workers to alleviate hardship and reduce poverty in Cambodia. ...

Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...

Cambodia’s national examination committee is set to crack down on applicants using fake high school certificates for health sector degree exams. ...

The wife of an Environment Ministry secretary of state denied knowledge of an alleged online scam gang inside a Phnom Penh apartment complex owned by her company. ...

Civil society organizations call on government to revoke land title legalized as legal entities on more than 8,000 square meters that is considered as a violation on the law and detrimental to the beauty of the coastal area. ...

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 ...

Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...

Cambodia’s opposition leader, Sam Rainsy, is currently in Geneva, where the UN Human Rights Committee is reviewing the country’s rights record. Cambodian government officials are defending their rights record for the second time in four years at the Universal Periodic Review. Sam Rainsy, who heads the Cambodia ...

The government has issued a three-month minimum tax exemption for the aviation sector and an exemption on all types of monthly taxes for tourism operators, it said in a press release on Tuesday. ...

Police have arrested at least five suspects over the past two days in connection to agrenade attack that rattled a Phnom Penh neighbourhood two weeks ago, injuring four people, but officials yesterday remained tight-lipped as to the suspects’ identities and motives. ...

The ongoing COVID-19 pandemic presents both challenges and opportunities to medical consultancies and air ambulance businesses in Cambodia and other parts of Southeast Asia. ...

The Chinese-built Lower Sesan 2 Hydropower Station is located in northeastern Cambodia on the Sesan River. ...

In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...

The Ministry of Education, Youth, and Sport has observed a steady increase in the number of students pursuing PhD degrees and is taking steps to enhance the quality control of doctoral training. ...

Over the past three years, the National Social Security Fund (NSSF) has provided more than 87 billion riel in childbirth subsidies to 210,000 women across the country, according to Heng Sophannarith, director of NSSF’s policy division. ...