Thai life insurer to enter local market
Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/thai-life-insurer-enter-local-market
Trade fair fees reduced for local garment firms
Germany-based apparel industry trade fair organiser Messe Frankfurt France signed a memorandum of understanding with the Garment Manufacturers Association in Cambodia yesterday to offer discounted exhibitor fees to Cambodian manufacturers in a deal valued at €400,000 ($450,000). ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/trade-fair-fees-reduced-local-garment-firms
Briq enters the Cambodia market
Creative agency Briq has expanded to Cambodia, its second office globally after first launching in Singapore four years ago. Briq International Cambodia will offer marketing and communication solutions – creative, production, digital services, strategic planning and research, content development, public relations, media and activation. ...
Marketing Interactive News Staff
http://www.marketing-interactive.com/briq-enters-cambodia-market/
OCIC pitch ‘disappoints’ Chroy Changvar disputants
Residents on Phnom Penh’s Chroy Changvar peninsula embroiled in a land dispute with tycoon Pung Khieu Se’s Overseas Cambodia Investment Corporation were to submit a petition to City Hall today following a new compensation offer from the authorities last week. ...
Khouth Sophak Chakrya and Daniel Pye
http://phnompenhpost.com/national/ocic-pitch-%E2%80%98disappoints%E2%80%99-chroy-changvar-disputants
Asylum seekers on fast track to Cambodia, group says
As many as five of the hundreds of asylum seekers Australia is holding on the South Pacific island nation of Nauru have agreed to be the first to take up an offer from Cambodia to resettle here, according to a refugee advocacy group. ...
Zsombor Peter
https://www.cambodiadaily.com/news/asylum-seekers-on-fast-track-to-cambodia-group-says-82208/
Australia makes video pitch for Cambodia to asylum seekers
The Australian immigration minister on Wednesday made a blunt videotaped pitch to asylum seekers detained on the Pacific island of Nauru to accept a resettlement offer while stressing they should forget about ever moving to Australia. ...
Steve Herman
http://bit.ly/1K7a67U
We want your business, UN tells local firms
The $1.6-billion Untac mission of the early 1990s injected a huge amount of money into Cambodia’s economy. Now, the U.N. wants to pump millions more into the country—this time by buying up the offerings of local businesses. ...
Kang Sothear and Chris Mueller
https://www.cambodiadaily.com/news/we-want-your-business-un-tells-local-firms-85035/
Border meeting ends with champagne, no details
At the end of the third and final day of the meetings of the Joint Border Committee in Phnom Penh on Thursday, the Cambodian and Vietnamese delegations clinked champagne glasses during a public signing ceremony and departed, offering no details about their negotiations. ...
Khuon Narim
https://www.cambodiadaily.com/news/border-meeting-ends-with-champagne-but-no-details-87800/
Market plans inspire rally
Nearly 200 vendors from Phnom Penh’s Doeum Kor Market gathered in Wat Botum Park yesterday to offer a petition asking Prime Minister Hun Sen to block city plans to demolish and replace the market with a multi-storey building. ...
Pech Sotheary
http://www.phnompenhpost.com/national/market-plans-inspire-rally
CNRP tells donors to retrieve their funds
A district official with the Cambodia National Rescue Party has offered a group of disgruntled donors in Kandal their money back after they lodged a complaint with local police over the opposition’s fundraising efforts for its Sun TV station. ...
Chhay Channyda
http://www.phnompenhpost.com/national/cnrp-tells-donors-retrieve-their-funds
France to give over $226,000 for Khmer Rouge tribunal work
The French government said it will offer around $226,875 to the UN-backed Khmer Rouge tribunal ...
Khmer Times Staff
https://www.khmertimeskh.com/501025864/france-to-give-over-226000-for-khmer-rouge-tribunal-work/
Vietnamese tourists released after drone flies near palace
Three Vietnamese tourists were briefly detained on Saturday for flying a drone over the Royal Palace in Phnom Penh, a week after a Hong Kong national was similarly arrested and released without charge for the same offense. ...
Ouch Sony
https://www.cambodiadaily.com/news/vietnamese-tourists-released-after-drone-flies-near-palace-100359/
Bilateral trade with Thailand declines
Bilateral trade between Thailand and Cambodia decreased by 13 per cent in the first three months of this year compared to the same period in 2015, according to statistics provided by the Royal Thai Embassy. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/bilateral-trade-thailand-declines
Forces to get nearly 4,000 more troops
The Royal Cambodian Armed Forces plans to recruit 3,850 new soldiers, the majority of which will be enlisted in a new brigade established after a border row with Laos, a document obtained yesterday showed. ...
Mom Sophon
http://www.khmertimeskh.com/5081208/forces-get-nearly-4000-troops/
Assembly’s 2nd Deputy President gets 63 advisers
A Royal Decree signed by acting head of state Chea Sim has approved the appointment of 63 advisers and assistants to National Assembly Second Vice President Nguon Nhel, according to a copy of the document obtained Wednesday. ...
Khuon Narim
http://www.cambodiadaily.com/news/assemblys-2nd-deputy-president-gets-63-advisers-70662/
China expresses its readiness to continue to support the first Phase Pentagonal Strategy of the Royal Government of Cambodia for the 7th Mandate
The Chinese Communist Party has expressed its readiness to continue to support the first phase of the pentagonal strategy of the Royal Government of Cambodia for the seventh mandate. ...
Cambodia needs about US$ 200 million annually for climate change adaptations
According to the Copenhagen Accord hosted in Denmark, developed countries had to provide US$ 30 billion for 2009-2012 to kick start emissions reduction measures for the less-developed countries and promised to offer US$ 100 billion for long term finance a year by 2020. “Cambodia needs approximately ...
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
PPWSA edges closer to IPO
As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...
http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html
Minister urges graduates to continue studies and be ‘skilful intellectuals’
Minister of Education, Youth and Sport Hang Chuon Naron on Thursday encouraged recent graduates to continue their studies and become “skilful intellectuals”. The minister’s remarks were made during the Limkokwing University graduation ceremony in Phnom Penh’s Tonle Bassac commune. ...