Sumimoto Mitsui sins agreement with Acleda
One of Japan’s biggest banks, Sumimoto Mitsui Banking Corporation (SMBC) signed agreement with Acleda Bank to share market data and banking services. The deal will give Japanese investors information on the economy and offer other banking services and is aimed at improving bilateral trade and investment. The deal would ...
CIMBT expands intra-Asean ATM service
CIMB Bank Thai (CIMBT) clients will one day able to use ATMs for financial transactions anywhere in Asean. The regional linkage of ATMs is aimed at improving service and cost efficiency as a part of the CIMB Group’s regional strategy. Executive vice-president Dusanee Klewpatinontha said Cambodia has ...
http://www.bangkokpost.com/business/economics/312275/cimbt-expands-intra-asean-atm-service
National Electricity Provider Warns of Dry-Season Power Cuts
The national electricity provider has warned residents in Phnom Penh and in Kompong Speu and Kandal provinces to expect power outages in the coming months as supply would likely fall short of demand throughout the dry season. In a statement issued Friday, Electricite du Cambodge (EdC) ...
http://www.cambodiadaily.com/news/national-electricity-provider-warns-of-dry-season-power-cuts-6384/
ACLEDA Bank Plc. Extends Mobile Financial Services to New Segments with Mobiliti Reach from Fiserv
A leading global provider of financial services technology solutions, today announced that ACLEDA Bank Plc. (ACLEDA), the largest bank in Cambodia, has extended its ACLEDA Unity mobile banking and payments service to new, untapped consumer segments using Mobiliti Reach™ from Fiserv. The bank, which has ...
http://www.dailyfinance.com/2012/10/28/acleda-bank-plc-extends-mobile-financial-services-/
Minorities Choosing Private Over Communal
Though they held out hope for years that they would get communal land titles, hundreds of ethnic minority families in Mondolkiri and Ratanakkiri provinces have now opted to accept individual private land titles under Prime Minister Hun Sen’s new titling scheme. While individual titles offer immediate ...
BK evictees lose battle on plot size
Fourteen families evicted from Boeung Kak were left disappointed again yesterday when Phnom Penh’s governor ignored their calls to increase the size of land plots authorities had offered them. During a three-hour meeting, Governor Pa Socheatvong held firm on a 2011 decision that the families would ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/bk-evictees-lose-battle-plot-size
Cambodia's solar solution
Australia-based energy company Star8 officially launched operations on Friday at its solar-powered factory just outside of Phnom Penh. The ceremony marked the commencement of production on solar-powered tuk-tuks, the mainstay of the company. Hun Many, the youngest son of Premier Hun Sen, and Alison Burrows, the Australian ...
David Boyle and Koam Chanrasmey
http://www.phnompenhpost.com/video/cambodias-solar-solution
PPSP says shares are ‘undervalued’ in buyback
The industrial park operator Phnom Penh Special Economic Zone (CSX: PPSP) believes its falling share price now offers a good investment as the board proposed its share buyback plan to the regulator yesterday. ...
Harrison White
https://www.khmertimeskh.com/50793013/ppsp-says-shares-are-undervalued-in-buyback/
Cambodian mangoes now gaining popularity across Russian markets
Cambodian mangoes are gaining popularity across Russian markets offering a boost to the Kingdom’s agricultural sector, according to a representative of an agriculture firm that exports Cambodian mangoes to Russia and Central Asia. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501427846/cambodian-mangoes-now-gaining-popularity-across-russian-markets/
CPP secure 504 provincial council seats, KWP take 47
The ruling Cambodian People’s Party (CPP) claimed an overwhelming 504 of the 559 capital/provincial council seats on offer in the May 26 elections. ...
Ry Sochan
https://www.phnompenhpost.com/national/cpp-secure-504-provincial-council-seats-kwp-take-47
Senator Ly Yong Phat’s Family Given Preah Sihanouk State Land for Tourism Development
The Cambodian government has granted a 600-hectare concession to the family of notorious tycoon Ly Yong Phat, whose sugarcane concessions have been at the center of human rights violations. ...
Oreang district administration is continuing to find the perpetrators that cleared more than 50 hectares of state forest
Experts are continuing to search for the identity of the perpetrators that cleared forest land in the protected area in Mondulkiri province to file the case to the court. ...
Khouth Sophak Chakrya
https://www.postkhmer.com/national/2023-03-21-0838-248224.html
44 staff members for national arbitration center selected
After years of trying to find suitable staff, the Ministry of Commerce on Friday released a list of 44 arbitrators who will be in charge of running the National Arbitration Center (NAC), a body designed to offer businesses a commercial dispute mechanism alternative to Cambodia’s ...
Maize has local farmers’ ears
Growing demand for animal feed is driving up both the demand and price of corn, with smallholder farmers claiming the field crop offers a more stable market than cassava.Corn is grown on more than 140,000 hectares in Cambodia and can be harvested twice a year, ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/maize-has-local-farmers-ears
Tiger Airways launches daily service to Singapore
Direct daily flights between Phnom Penh and Singapore started yesterday with the first Tiger Airways flight departing at 8:30am and landing in Singapore at 11:30am, kicking off a seven-days-a-week low-cost service. The company is offering a special price of US$38 one-way from Phnom Penh to Singapore ...
Cambodian Vtrust plans CSX floating
Local real estate company Vtrust Property Group plans to engage an underwriter in as little as two years to help it list on the Cambodia Stock Exchange, the company’s chairman, Kuy Vat, said yesterday. The company is now preparing the necessary documents on its business, corporate ...
http://www.phnompenhpost.com/2013032764710/Business/cambodian-vtrust-plans-csx-floating.html
Ads warn of H5N1 risk
Amid concerns the Pchum Ben holiday will lead to a spike in bird flu cases, health officials have begun to roll out a widespread education campaign aimed at stanching the spread of H5N1. The highly fatal flu has seen 20 cases and 11 deaths this ...
Amelia Woodside and Sen David
http://www.phnompenhpost.com/national/ads-warn-h5n1-risk
PATA Travel Mart set for Phnom Penh, Cambodia
The Pacific Asia Travel Association will hold the 37th PATA Travel Mart at Diamond Island Convention & Exhibition Centre, Phnom Penh, Cambodia. The event is being hosted by the ministry of tourism of Cambodia and will take place from September 17th-19th. PTM 2014 will offer delegates the ...
Breaking Travel News Staff
http://www.breakingtravelnews.com/news/article/pata-travel-mart-set-for-phnom-penh-cambodia/
Wrangling over wage may spur new unrest
Unions representing garment workers have pledged to reignite protests if the minimum wage for the industry is raised to only $115 next year, a sum they say was offered by the Garment Manufacturers Association in Cambodia during a meeting on Friday. The Labour Advisory Committee (LAC) ...
Mom Kunthear
http://www.phnompenhpost.com/national/wrangling-over-wage-may-spur-new-unrest
World Vision and other aid agencies reject Australia's refugee deal with Cambodia
International aid agencies based in Cambodia have rejected the Abbott government’s resettlement deal, saying it is not appropriate for a country that has been accused of human rights abuses and has no refugee resettlement experience. A Cambodian delegation will meet with refugees on Nauru, the ...
Sarah Whyte
http://bit.ly/19dZtmv