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Government, ADB Differ on Rail Project

The government claims to have finished nearly a third of the work needed to rehabilitate the long-dilapidated railway line from Phnom Penh to the Thai border at Poipet, twice the figure reported by the Asian Development Bank (ADB), the main financier of the over-budget and ...

Zsombor Peter
http://www.cambodiadaily.com/news/government-adb-differ-on-rail-project-41263/

Government responds to UN human rights concerns

Government officials on Monday hit back at UN Human Rights Council (UNHRC) criticisms expressed ahead of the UN’s Universal Periodic Review (UPR) scheduled for next month.​ ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/government-responds-un-human-rights-concerns

Startup Promises a Future for Former Boeng Kak Residents

In mid-August, on day seven of production at the Coco Khmer social enterprise, the team experienced a setback. Temperatures in the fermenting room must remain between 35 and 40 degrees to produce the organization’s virgin coconut oil, but the temperature on that rainy day refused to ...

Devon Geary and Mech Dara
http://www.cambodiadaily.com/news/startup-promises-a-future-for-former-boeng-kak-residents-41532/

New player joins busy telecom market

Starting today, Kingtel, a new internet and telecom service provider, will offer internet services to customers, with the company expected to launch call services within the next few months. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/new-player-joins-busy-telecom-market

Grab rolls out motorbike service in capital

Singapore-based ride hailing app Grab has added motorbike taxis to its inventory in Phnom Penh, becoming the first app of its kind to offer the popular motodop service. ...

Robin Spiess
http://www.phnompenhpost.com/business/grab-rolls-out-motorbike-service-capital

Port IPO opens to subscribers

Subscription for the initial public offering of Sihanoukville Autonomous Port (SAP) opened yesterday, with its underwriter predicting a strong investor response following an oversubscribed bookbuilding exercise late last month. ...

Cam McGrath
http://www.phnompenhpost.com/business/port-ipo-opens-subscribers

Student questioned over Facebook comment

The Phnom Penh Municipal Court on Tuesday questioned a university student who was arrested last month after he called for a “color revolution” in a Facebook post, his lawyer said. ...

Ouch Sony
https://www.cambodiadaily.com/news/student-questioned-over-facebook-comment-94349/

Hun Sen chides Suu Kyi on Rohingya, Greece’s Tsipras on hasty campaign promises

Prime Minister Hun Sen broke his avowed silence on Myanmar’s “Rohingya issue” to make a political point – and fresh election promises – at a university graduation ceremony yesterday. ...

Ben Sokhean and Erin Handley
http://www.phnompenhpost.com/national/hun-sen-chides-suu-kyi-rohingya-greeces-tsipras-hasty-campaign-promises

Borei Keila residents herald pledge of aid

Borei Keila evictees who have been sleeping in stairwells near where their houses once stood said yesterday the Phnom Penh municipal authority had promised to help them find homes. Ka Rohanny, 35, a representative of the evicted residents, told the Post Kiet Chhe, deputy administrative president ...

http://www.phnompenhpost.com/index.php/2012030754903/National-news/borei-keila-residents-herald-pledge-of-aid.html

Country’s First Life Insurance Firm Enters Market

The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...

CSX-listed state firms post dull results for start of 2023

Two local public-listed state-owned enterprises (SOE) have posted financial results for either the first three or four months of the year, which fell somewhat short of expectations, as local, regional and global economies continue to feel the shockwaves of the Russo-Ukrainian conflict. ...

May Kunmakara
https://www.phnompenhpost.com/business/csx-listed-state-firms-post-dull-results-start-2023

Premier calls for support for veterans

Prime Minister Hun Sen yesterday announced he would be personally helping the families of 100 dead veterans every year and called on others to offer financial help, according to reports. ...

Mom Kunthear
http://www.khmertimeskh.com/news/26381/premier-calls-for-support-for-veterans/

Chinese corners opened in Cambodia to boost language learning

The Confucius Institute of the Royal Academy of Cambodia on Tuesday launched Chinese Corners at the Ministry of Culture and Fine Arts and the Royal University of Fine Arts. ...

Ecns.cn News Staff
http://www.ecns.cn/2015/07-15/173177.shtml

Thai, Cambodian SEC sign pact on capital markets

Cambodia and Thailand’s Securities Exchange and Commission (SEC) yesterday signed a memorandum of understanding (MoU) on mutual cooperation for capital market development through cross-listing, dual listing and depositary receipt offerings. ...

Bangkok Post Staff
https://www.bangkokpost.com/business/1752539/thai-cambodian-sec-sign-pact-on-capital-markets

Unstoppable worker outflow dims Cambodia's future prospects

Despite Thailand’s latest effort to stem the flow of migrants, workers from Cambodia continue to cross the border, as they try to flee an economy that offers little reward for their work. ...

Danielle Keeton-olsen
https://asia.nikkei.com/Spotlight/Drifting-Cambodia/Unstoppable-worker-outflow-dims-Cambodia-s-future-prospects

Kampot holdouts take compensation, move out

Six families in Kampot City accepted compensation of $3,000 each on Monday for their houses situated on a road that authorities want to expand, after initially rejecting the offer last week. ...

Ben Sokhean
https://www.cambodiadaily.com/news/kampot-holdouts-take-compensation-move-out-93702/

Equity fund takes stake in iCare

A Singapore-based private equity fund manager has acquired a significant minority stake in iCare Benefits (Cambodia) Co Ltd, an employee benefits programme offered to enterprises that operate in the Kingdom. ...

Kali Kotoski
http://www.phnompenhpost.com/business/equity-fund-takes-stake-icare

Wage talks remain in deadlock

The third day of negotiations between members of a working group trying to reach a consensus on the minimum monthly garment wage remained stagnant yesterday, as manufacturers refused to budge from their $110 offer. ...

Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/wage-talks-remain-deadlock

Better Recovery for Construction and Real Estate Sector

2012 has been an impressive year for Cambodia’s economic resilience. Among the many sectors that had positively grown are the construction and property development [sic] and they are expected to be among the highest growth achievers in the current year as well. In 2012, the ...

http://www.cambizreview.com

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