Taiwan-Cambodia flight delay affects hundreds
February 17th, 2013, The China Post, Business & Commercial Development, Foreign Investment, News Source
Cambodia’s Tonlesap Airlines said Saturday that one of its scheduled flights from Taiwan to the Cambodian city of Siem Reap that day would be further delayed due to an engine failure, further enraging 167 already angry passengers who had been waiting for hours for their flight. …
The airline’s spotty track record saw it make a last-minute cancellation of a Kaohsiung-Siem Reap flight Jan. 16 after rescheduling several times that day alone.
The airline originally cooperated with the Taipei-based Far Eastern Air Transport (FAT) on the Taiwan-Siem Reap flight, in which FAT leased aircraft to the Cambodian airline. …
The China Post
http://www.chinapost.com.tw/taiwan/national/national-news/2013/02/17/370444/Taiwan-Cambodia-flight.htm
FAT’s direct Angkor Wat flights to resume Dec. 25
November 1st, 2012, The China Post, Business & Commercial Development, Industry, International Relations, Tourism
The Taipei-based Far Eastern Air Transport Corp. (FAT) will resume its direct flights from Taiwan to Angkor Wat in Cambodia starting Dec. 25…
Soon after the FAT reopened its flight operations on April 18, 2011 following several years of suspension caused by financial troubles, the Tonlesap Airlines of Cambodia, headed by Lo Wen-hao, operated chartered flights between Taipei and Angkor Wat by using airplanes leased from the FAT…
The China Post Staff
http://www.chinapost.com.tw/taiwan/business/2012/11/01/359511/FATs-direct.htm
Cambodian Stock Exchange sees challenges, opportunities
May 7th, 2012, The China Post, Business & Commercial Development, Economics, Infrastructure, Stock Exchange
I visited the Cambodian Stock Exchange (CSX) last September in the heart of Phnom Penh. It had officially “opened” a few months prior but no companies were listed yet. The trading room was filled with new desks and computer monitors, waiting for someone to power them on. Fast-forward seven months and the stock exchange is now starting to breathe signs of life— there is now one company trading on the exchange. On April 18, the Cambodian Stock Exchange started trading with the initial public offering (IPO) of the state utility company, “Phnom Penh Water Supply Authority.”
As a frontier market, Cambodia is still a work in progress.
The government is trying to woo global investors by throwing open its doors and virtually saying, “We’ll make it easy for you.” There are no capital controls. No requirements for joint ventures. International companies can own 100 percent of their local business in Cambodia. The only major restriction is on foreign ownership of land. With a young labor force that commands cheaper wages than China, Cambodia has been looking attractive to foreign companies. Despite these incentives, there are many challenges for the new stock exchange…
Pauline Chiou
http://www.chinapost.com.tw/business/global-markets/2012/05/07/340280/Cambodian-Stock.htm