Cambodia to host 2017 world economic forum
Phnom Penh has been selected to host the 2017 World Economic Forum (WEF) on East Asia, the WEF confirmed on Wednesday. ...
CamKo struggles to move beyond crash
From the start, the project seemed impossibly ambitious: A $2-billion South Korean satellite city—complete with condominiums, office space, luxury villas, a shopping mall, health clinics, banks and an airport—on the outskirts of Phnom Penh. Claiming the land was not properly appraised, and that the decision ...
George Styllis and Kang Sothear
Four years on, arbitration center a step closer to taking cases
Nearly four years after it was established by the Commerce Ministry and one year on from its official launch, the National Commercial Arbitration Center (NCAC) held its first annual assembly Friday. The NCAC was set up in 2010 to provide businesses with an alternative to the ...
Ang Sothear and Holly Robertson
Grand Twins’ share price continues to drop
The share price of Grand Twins International, a manufacturer for U.S. athletic apparel brands, on Tuesday sank for the fourth straight day since it was listed on the bourse last week, signaling that its initial listing price was too high, industry analysts said. “The pricing of ...
Hul Reaksmey and Joshua Wilwohl
Kingdom breweries up for sale
Private equity firm Leopard Capital announced Monday that it is putting its controlling interest in Cambodian beer company Kingdom Breweries up for sale as part of the fund’s requirement to exit its investments before a 2016 expiry. Leopard Cambodia Fund, an investment fund managed by Leopard ...
Caution: Work Ahead
Émile Coué was a French psychologist who introduced a method of self-improvement based on optimistic autosuggestion. “Every day, in every way, I’m getting better and better,” was his mantra. He died in 1926 and probably never visited Cambodia, but his spirit has been hovering over ...