សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Credit bureau launches after delays
The Credit Bureau of Cambodia officially commenced operations at its Phnom Penh headquarters on Monday, according to CBC spokesman Steve Vaile ...
Hu to Visit Cambodia Just Before Asean Summit
Chinese President Hu Jintao will pay an official state visit to Cambodia between March 30 and April 2, a trip that will coincide with the Asean-European Union Business Summit and will finish just one day before the annual Asean summit commences in Phnom Penh, an ...
23,000 Hectares of Land Concessions Approved
The government last month granted four companies a total 23,000 hectares of land concessions for agro-industry projects and a special economic zone (SEZ), according to human rights groups, which said it obtained the information from government documents. An additional 500 hectares inside a wildlife sanctuary were ...
Credit Bureau Begins Operations in Cambodia
The long-awaited Cambodian Credit Bureau (CBC) launched yesterday, a move that is expected to increase the amount of information banks retain on the history of borrowers in the banking system. Despite loan disbursals in the banking sector growing by 25 percent last year, banks have so ...
Siem Reap proposed airport said to be on track
A senior government official has said construction on the US$1 billion airport project in Siem Reap was still on track despite the recent arrest of a key person in charge of the project. Plans and designs for the New Siem Reap International Airport had been submitted ...
Security Preparations Under Way Ahead of Asean Summit
Two weeks before the opening of the 20th Asean Summit in Phnom Penh, preparations are under way to increase security and clean up Cambodia’s capital ahead of the arrival of hordes of foreign dignitaries on April 3. According to Phnom Penh deputy military police chief Pong ...
Cambodian forum focuses on ASEAN community
PHNOM PENH: The 8th Cambodia-Asia Economic Forum kicked off here on Saturday, focusing on reviewing the ASEAN achievements in the past 45 years and looking at opportunities and challenges toward the realisation of an ASEAN community by 2015. The two-day forum has been attending by some ...
Business group to support women
Cambodia’s first association for expanding business opportunities and financing for women was launched on Saturday. The Cambodia Women Entrepreneurs Association would seek to enhance the competitiveness of businesswomen in the growing ASEAN market, which was set to integrate by 2015, Seng Takakneary, president of the new ...
http://www.phnompenhpost.com/index.php/2012031955103/Business/business-group-to-support-women.html
Court Sets Date for Questioning Bavet Victims
Svay Rieng Provincial Prosecutor Hing Bunchea said yesterday that he had summoned two of the three women shot at a Bavet City special economic zone (SEZ) for questioning next week, and denied accusations that investigators were dragging their feet on the case. Rights groups continued to ...
Gov’t Picks NGOs for Asean Meet
The government has chosen representatives of two obscure NGOs to send to an annual meeting between civil society groups and regional leaders during next month’s Asean summit in Phnom Penh, sparking an outcry among other non-governmental groups that say this will prevent critics from being ...
Imports compete with domestic medicines
The value of medicine and medical equipment imports increased about five per cent year-on-year in 2011, according to the Ministry of Commerce. ...
ASEAN forums divide
Cambodian NGOs were drawing battle lines and choosing sides in the run-up to the ASEAN summit, activists said yesterday. Two separate “ASEAN People’s Forums” are being organised by local NGOs. The first, from March 28 to 30, is expected to draw more than 2,000 groups. ...
http://www.phnompenhpost.com/index.php/2012031955107/National-news/asean-forums-divide.html
Cambodia rejoins the world of stocks
Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...
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
Open an account at a securities firm and get ready to trade
CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...
Cambodians form backbone of securities market
Local stock-exchange staff will be trained by foreign experts Overseas experts will play an important role in the start-up of the Cambodia Securities Exchange (CSX), says Larry Ng of Cana Securities. “Foreign investors will lead the CSX and securities market at the beginning because they have the ...
Exchanges provide windows to economies
Stock market a good choice for long-term investors Stephen Hsu, a native of Taiwan, runs Phnom Penh Securities, one of a dozen underwriters licensed by the SECC to prepare companies for IPOs on the CSX and to engage as an intermediary with the public for trading ...
http://www.phnompenhpost.com/index.php/Special-Reports/exchanges-provide-windows-to-economies.html
More companies must list for the CSX to be a success
One of the personalities closely associated with the development of the stock exchange in Cambodia, Morten Kvammen, a director at SBI Royal Securities, says the CSX needs more companies to list in order to be successful. Kvammen, a graduate of the Wharton School of Finance and ...
Research differentiates investing in stock exchanges from gambling at the casino
One of the men deeply involved in the development of Cambodia’s financial system, Dr Ghanty Sam, of the Financial Institute of Cambodia, who is also a board member of the Securities and Exchange Commission of Cambodia, says people should be aware of the downside of ...
Financial Institute of Cambodia prepares people for a career in the stock exchange
The executive director at the Financial Institute of Cambodia (FIC) says 726 students have completed courses so far at FIC since it opened in early 2011. Tith Seyla, who earned his bachelor’s degree from the Royal University of Law and Economics followed by a master’s ...
The strange adventure of the Cambodian currency
On the post office square, a beautiful Art Deco building now houses the restaurant Van, an insurance company and the offices of the AFD (French Development Agency). An inquiring mind will not fail to notice on the gates the presence of little medallions with the ...
Governor Drew Gun, Not Blood, Prosecutor Says
The court prosecutor investigating last month’s shooting of three female factory workers at a special economic zone (SEZ) denied a newspaper report claiming the chief suspect, former Bavet City Governor Chhouk Bundith, had confessed to shooting the women. Svay Rieng Provincial Court prosecutor Hing Bunchea said ...
As Plans for Dam Gain Traction, Villagers Balk
For hundreds of years, the ancestors of Vam Sovann have lived in Koh Kong province’s remote Araeng valley. Some 70 km from the nearest national road, Mr. Sovann’s village has no electricity or phone coverage, no paved roads or running water; instead, it has access ...
Securities and Exchange Commission will regulate the Stock Exchange
The laws and regulations that govern Cambodia’s securities market were derived from the Objectives and Principles of the International Organization for Securities Commissions (IOSCO) and the best practices in the region, according to Dr. Ming Bankosal, Director General of the SECC. the SECC which ...