ព័ត៌មានអំពីទីក្រុង
ក្រុង
Cambodia's new corporate darling
Industries such as tourism and garment production are booming. Mining is taking off and the Cambodian Stock Exchange (CSX) is finally up and running after a 10-month delay with Phnom Penh Water Supply (PPWS) its first listing. “PPWS is considered one of the best managed state ...
http://www.bangkokpost.com/business/economics/291098/cambodia-new-corporate-darling
Sihanoukville Port plans to list on stock exchange in July
While the Phnom Penh Water Supply Authority’s (PPWSA) share price continued to fall yesterday, a second state firm came a step closer to joining it on Cambodia’s nascent stock exchange by announcing plans to register by the end of July. At a ceremony marking the first ...
Demand slow for Phnom Penh office space
Slow demand for office space in Phnom Penh is leaving the owners of high-rise buildings constructed in recent years struggling to find clients, according to real estate experts. But construction of the Vattanac Capital Tower, a $150 million, 36-story building slated to open its first ...
Some provinces see tourism up 50% for New Year
About 1.8 million Cambodians traveled to the coastal and northeastern provinces to celebrate Khmer New Year, a 50 percent increase compared with last year, Tourism Minister Thong Khon said yesterday. Mr Khon said Cambodians are starting to seek out other vacation spots besides the coastal provinces ...
PPWSA stock to list today
Investors, along with the next two companies expected to list on the Cambodia Securities Exchange, will watch carefully this morning the action on the country’s first initial public offering, nine months after the CSX officially opened. After a book-building process that was 17 times over-subscribed, Phnom Penh ...
http://www.phnompenhpost.com/index.php/2012041855632/Business/ppwsa-stock-floats-today.html
Cambodia Joins Stocks Party
Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...
http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html
Cambodia enters global marketplace, stock trading begins
After a string of false starts, Cambodia’s stock market finally started trading on Wednesday, marking a significant step forward for an impoverished country blighted by corruption and scarred by decades of civil war. But on Wednesday, traders were reaping fast gains as the price of ...
http://www.reuters.com/article/2012/04/18/cambodia-bourse-idUSL3E8FH30X20120418
Leopard Capital allegedly sank seafood firm
In Sihanoukville, just north of Cambodia’s only deep-water port, stands the headquarters of Chenla Seafood. A uniformed guard stands watch at the gate, which opens on to manicured grounds and a two-building facility that houses what will likely become the country’s premier seafood processor. A few ...
http://www.phnompenhpost.com/index.php/2012041755612/Business/leopards-fishy-business.html
Cambodia May Lure Up to 10 IPOs a Year, Korea Bourse Says
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 ...
Flights from Manila ready for take-off
The Philippines’ Cebu-Pacific Airlines will launch direct flights to Siem Reap from Manila on April 19, according to a Cambodian civil aviation official. The Philippine airline sought to take advantage of Siem Reap’s status as a big tourist destination, Soy Sokhan said. ...
Rubber Gives New Bounce to Economy
Cambodia’s Prime Minister Hun Sen announced plans Thursday to encourage rubber smallholdings in a bid to expand production as the country promotes the cash crop as the number two commodity after rice. Hun Sen said the government will support not only large-scale rubber plantations but also ...
http://www.rfa.org/english/news/cambodia/rubber-04122012174332.html
Arrivals at Cambodia’s airports up 20 per cent
Arrivals at Cambodia’s two biggest airports increased by about 20 percent year-on-year in the first quarter of 2012, according to Cambodia Airports. Industry insiders said economic progress in the region coupled with increased flights added to the passenger count at Phnom Penh International Airport and Siem ...
PM calls for crackdown on border
Prime Minister Hun Sen yesterday implored authorities along Cambodia’s northern border to redouble their efforts at stopping illegal loggers from sneaking into Thailand, where more than a dozen have been shot dead by Thai soldiers so far this year. The 13 Cambodians fatally shot by Thai ...
Flights to Arrive From China’s Yunnan Province
An airline in China’s Yunnan province will begin offering flights from its capital, Kunming, to Phnom Penh and Siem Reap City, Council of Ministers spokesman Ek Tha said yesterday. ...
Sihanoukville port revenues up 22% on economic growth
Revenues earned by the Sihanouk Autonomous Port for the first quarter of this year jumped 22 per cent year-on-year to US$8.3 million, according to figures released yesterday by SAP. Exports of the Kingdom’s rice, garments and timber, coupled with imports of textiles, electronics and construction materials, ...
Replacement for Toll’s Kerr has arrived in Phnom Penh
Toll Royal Railways chief executive David Kerr is on track to leave Cambodia by the end of the month, according to his expected replacement. Bobby Luow, a 40-year veteran of the rail industry, mainly in South Africa, told the Post he had been brought in to ...
Trucks Banned on Phnom Penh Streets for Duration of Summit
Phnom Penh City Hall has banned all trucks transporting goods and gasoline from traveling on the city’s roads in daytime hours to ease traffic during the Asean Summit, according to a notice placed on the municipality’s website Saturday. The Ministry of Education has also told 12 ...
Tonle Sap water project to help Siem Reap town
The Japanese government sealed the deal yesterday on an agreement to provide Cambodia with a US$86 million loan for a project that will supply Siem Reap town residents with water from the Tonle Sap lake and alleviate their need for water drawn from wells. The 40-year ...
Phnom Penh Residents Asked To Reduce Electricity Usage
State-run Electricite du Cambodge (EdC), the main provider of electricity in the country, has appealed to residents of Phnom Penh to reduce electricity use due to a power shortage, an EdC official said yesterday. The company is only able to produce 70 percent of the city’s ...
Companies given right to develop wildlife land
The Cambodian government has reclassified 12,000 hectares of wildlife sanctuary to make way for agro-industry concessions for three companies, according to the royal book issued on March 19. The land has been cut from the Kulen Promtep Wildlife Sanctuary, the largest protected area in Cambodia, which ...
Hyatt Overtakes Siem Reap’s Hotel de la Paix
Hyatt Hotels Co will open its first hotel in Cambodia next year by rebranding the well-known five-star boutique resort Hotel de la Paix, the company said in a statement on Tuesday. As part of the agreement, KS Hotels and Resorts, a Thai-based firm, will retain full ...
Phnom Penh Cleans Up Prior To Next Week’s Asean Summit
In addition to security and public order initiatives in the lead-up to next week’s Asean Summit, Phnom Penh authorities said yesterday they would be redoubling their “clean city” efforts. “We’re keeping security and order, and we asked Cintri [waste disposal company] to double the numbers of ...
River families’ time up
Nearly 400 families were told yesterday they had to move from their homes along the Siem Reap river within the week. Siem Reap district governor Tep Bun Chhay said 392 families had to relocate from Sala Kamroeuk commune before this Sunday. ...
http://www.phnompenhpost.com/index.php/2012032755261/National-news/river-families-time-up.html
60,000 Evicted in 2011 Alone; Majority From Phnom Penh
Nearly 60,000 people were forcibly evicted from their homes last year alone, often being moved to inadequate relocation sites where they face unemployment and rising debt levels, according to a report by rights group Adhoc released yesterday. A total of 59,904 people from 127 communities were ...