Tag Archives: phnom-penh
Hun Sen talks trade with Sino counterpart
Prime Minister Hun Sen yesterday led a delegation of businessmen and top government officials to join the eighth China-ASEAN expo and investment summit to be held in Nanning, China, from October 21 to October 26. The Cambodian prime minister planned to meet his Chinese counterpart Premier Wen Jiabao yesterday to discuss the strengthening of bilateral relations and trade, delegate member and senior minister Srey Thamrong told reporters at Phnom Penh International Airport yesterday, before departing for Nanning. Continue reading
Posted in Khmer newspaper
Tagged business, cambodia, cambodian, chinese-embassy, council, finance, france, japan, meeting, nepal, phnom-penh, south-korea, strengthening, thamrong
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Long-awaited city mall finally opens its doors
A six-story shopping mall opened yesterday near Phnom Penh International Airport with shop space about 65 per cent rented out, officials said yesterday. The first three floors of Rathana Plaza on Russian Federation Boulevard in Sen Sok district host shopping space, while a 100-room hotel occupies the top three floors, marketing manager Prum Phearun said yesterday. Vendors have rented about 150 of the shopping mall’s 236 shopping units, the manager said Continue reading
Posted in Khmer newspaper
Tagged cambodia, corporation, international, location, manager, officials-said, phnom-penh, project, russian, shopping, shopping-units, the-shopping
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From manager to scavenger
Photo by: Sieam Bunthy Mean Luch poses with a stack of recyclables. In Phnom Penh, few are the reports of well-paid managers dropping their jobs to scavenge refuse Continue reading
Posted in Khmer newspaper
Tagged business, european, former-employee, friends, international, money, phnom-penh, photo, time, unconventional
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Huge real estate deal gets tongues wagging
Speculation has it the biggest property deal in half a decade has just been inked, dwarfing the Hongkong Land purchase made last spring. Hongkong Land (Singapore) Pte Ltd, a subsidiary of Jardine Matheson, shelled out $35.7 million in April for a number of properties in Phnom Penh and Siem Reap from the ailing JSM Indochina, of course Continue reading
Posted in Khmer newspaper
Tagged business, cambodia, capital, companies, country, development, industry, international, kingdom, phnom-penh, real, reputation, shopping, space, united-nations
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CSX trading postponed again until next year
Trading on the Cambodia Securities Exchange will be delayed once again until the beginning of 2012, Minister of Economy and Finance Keat Chhon said yesterday. He blamed an incomplete regulatory regime and the public’s lack of confidence in the stock market as reasons for the delay, saying trading would most likely start early next year. “It’s probably a little bit later than [the original] schedule. Continue reading
Posted in Khmer newspaper
Tagged before-revising, business, cambodia, chhon, discussing-some, finance, finance-keat, outlook, phnom-penh, sihanoukville, speech, stock, time, water
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IMF sees chances to grow
Photo by: Mai Vireak New International Monetary Fund resident representative for Cambodia Faisal Ahmed speaks to Post reporters in Phnom Penh yesterday. Rising production costs in countries like China and Vietnam may soon give rise to higher-value manufacturing in Cambodia, as investors are drawn to the Kingdom’s favourable business environment, the International Monetary Fund’s newest resident representative for Cambodia said yesterday. Continue reading
Posted in Khmer newspaper
Tagged business, cambodia, cambodia-faisal, chinese, development, international, japanese, monetary-fund, phnom, phnom-penh, vietnamese
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Taiwan bank enters full sector
The Kingdom’s first Taiwanese bank, officially launched in Phnom Penh on Friday, is expected to encourage further companies from Taiwan to invest in Cambodia, bank officials say. “We believe our new branches will be extremely beneficial to the economy of Cambodia,” Mega International Commercial Bank president Cai You Cai said at the opening ceremony. The bank would provide funds to local enterprises and provide improved banking services to customers, while also offering employment opportunities, Cai You Cai said. Continue reading
Posted in Khmer newspaper
Tagged cambodia, companies, kingdom, phnom, phnom-penh, sector, stephen-higgins, taiwanese
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