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Cambodia Bourse Sees End to IPO Drought

Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...

http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj

Cambodia well suited for solar, though use remains low

Cambodia has a high degree of solar radiation, making the country a good place for the renewable energy source, a report from the Asian Development Bank says. ...

Sun Sokhen
http://www.voacambodia.com/content/cambodia-well-suited-for-solar-though-use-remains-low/2927056.html

‘New Voices’: Poor Education Hurts Economic Growth

Economic growth has a close correlation with the quality of education, and not its quantity, a graduate student at the University of Chicago says. While education for all has been introduced in Cambodia, more needs to be done toward offering equal access to quality education, ...

VOA Khmer News Staff
http://www.voacambodia.com/content/new-voices-poor-education-hurts-economic-growth/1816811.html

Cambodia's first IPO nears

Cambodia’s first initial public offering is fast approaching, and demand is expected to be robust. Bookbuilding, the process during which bids are taken and a price set for shares, ended last Wednesday for Phnom Penh Water Supply Authority (PPWSA). The final offering price will be announced ...

http://www.bangkokpost.com/business/economics/284959/cambodia-first-ipo-nears

Investment accounts open

Several securities firms are opening accounts, even as the first listing on the Cambodia Securities Exchange are not expected until later this year, company officials said yesterday. The CSX was launched on July 11 without any listed firms, though state-owned Telecom Cambodia, Phnom Penh Water Supply ...

http://www.phnompenhpost.com/index.php/2011072850678/Business/investment-accounts-open.html

Disability benefits to be broadened by gov’t

A Ministry of Social Affairs official yesterday announced that, starting next year, the government would offer regular payments of 20,000 riel (about $5) to all disabled Cambodians, a benefit that so far has only been available to retired disabled soldiers. In an announcement that coincided with ...

Sen David
http://phnompenhpost.com/national/disability-benefits-be-broadened-gov%E2%80%99t

KOICA scholarships for Cambodian government officials tops 3000

The Korean International Cooperation Agency (KOICA) has sent over 3000 Cambodian officials employed in ministries and other government institutions to study Master’s Degree programs in South Korea since 1993, a KOICA senior official told Khmer Times. ...

Chea Vannak
http://www.khmertimeskh.com/news/15370/koica-scholarships-for-cambodian-government-officials-tops-3000-/

Cement material exploration rights offered in Kampot

The government has issued an open invitation to apply for a 155ha mineral exploration licence in northern Kampot province that officials claim has great investment potential for cement production. ...

May Kunmakara
https://www.phnompenhpost.com/business/cement-material-exploration-rights-offered-kampot

EU offers $7m grant to elevate fisheries sector

The European Union (EU) has announced plans to pump almost $7 million to support Cambodia in reforming its fisheries sector. ...

Mao Sreypich
https://kiripost.com/stories/eu-offers-7m-grant-to-elevate-fisheries-sector

Protected forest ‘is finished’

In the latest government backed appropriation of protected land, nearly 20,000 hectares of the Boeung Per wildlife sanctuary have been reclassified as state private land for agro-industrial development. Two sub-decrees, obtained by The Post this week and initialed by Prime Minister Hun Sen on July ...

http://www.phnompenhpost.com/

Fewer school hours to beat the heat

With temperatures reaching more than 40 degrees Celsius, the Ministry of Education, Youth and Sport announced on Thursday that it was amending school study hours to lessen the risk of illness for teachers and students, particularly those at kindergarten. ...

Ry Sochan
https://www.phnompenhpost.com/national/fewer-school-hours-beat-heat

RATH Sarath

Senior Finance and Admin OfficerTransparency, accountability and honesty are Mr. Sarath’s core values. In charge of finance and admin tasks of ODC, Mr. Sarath works closely with all team members to produce the good achievements on ensure that all financial documents are legally compliant with ...

A budding friendship

A more than hour-long meeting between Philippines President Rodrigo Duterte, making his first-ever visit to Cambodia, and Prime Minister Hun Sen ended yesterday afternoon with an aide to the premier offering reporters the typical avowals of “cooperation”. But while the state visit – which included ...

Jack Davies and Touch Sokha
http://www.phnompenhpost.com/national/budding-friendship

New community-based drug program to launch

Municipal officials on Tuesday announced a new initiative to help rehabilitate Phnom Penh’s drug addicts by offering discreet treatment services at local health centers. The initiative will encourage commune-level officials to visit known drug addicts in their community and tell them about the treatment options available at ...

Khy Sovuthy and George Wright
http://www.cambodiadaily.com/news/new-community-based-drug-program-to-launch-68130/

PPWSA settles on IPO price

A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...

http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html

Port operator’s IPO share price set near high tide mark

Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. ...

Cam McGrath
http://www.phnompenhpost.com/business/port-operators-ipo-share-price-set-near-high-tide-mark

Asean to forge ahead through global crises

Southeast Asia needs to push ahead with a regional free trade bloc and policies to cope with global financial crises, Indonesia’s government said yesterday. Indonesia’s Vice President Boediono, addressing trade ministers from the Association of Southeast Asian Nations (ASEAN), said it was evident since the ...

http://www.phnompenhpost.com/

Government Says New Jet Was Leased From Chinese Airline

The Council of Ministers has revealed that its new Airbus A320, meant for shuttling Prime Minister Hun Sen and a select few others around the world, is being leased from China Southern Airlines but refrained from disclosing how much the deal was worth. Last month, CPP ...

http://www.cambodiadaily.com/news/government-says-new-jet-was-leased-from-chinese-airline-12328/

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