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No background checks on exam monitors: ACU

None of the more than 5,000 independent observers recruited for this year’s national exams had background checks or their identity verified before they were allowed into testing centres, an official said yesterday. During this year’s newly reformed and cleaned-up grade 12 exam, the Anti-Corruption Unit (ACU) ...

Pech Sotheary and Laignee Barron
http://phnompenhpost.com/national/no-background-checks-exam-monitors-acu

Mass fainting hits Cerie garment factory again

A mass fainting incident occurred again yesterday at a Chinese-owned garment factory that supplies nighties, bras and children’s clothing to North American retail chain Hudson Bay, with more than 60 workers collapsing at the factory in Kampong Speu’s  Samrong Tong district, after about 40 collapsed ...

Mom Kunthear
http://www.khmertimeskh.com/news/18487/mass-fainting-hits-cerie-garment-factory-again/

Koh Rong Samloeun’s Asia-driven tourism boom

Just four years ago, the white sand beach at Koh Rong Samloeun’s Saracen Bay was empty. Now workers can be seen scrambling over the frames of new bungalows along the shoreline, and speed boats arrive hourly from the mainland to drop off crowds of tourists ...

Jonathan Cox
http://www.khmertimeskh.com/news/21542/koh-rong-samloeun---s-asia-driven-tourism-boom/

University students encouraged to focus on digital technology

Ministry of Commerce (MoC) has encouraged university students in Cambodia to focus on digital technology and innovation developments amid the remarkably growing Industry Revolution 4.0 and e-commerce business after the e-commerce law was passed.​ ...

Kang Sothear
https://www.khmertimeskh.com/501139165/university-students-encouraged-to-focus-on-digital-technology/

Aviation in the Kingdom soaring with new flights and airport plans

Cambodian aviation continues its ascent with the Oct. 1 launch of Singaporean low-cost carrier Tiger Airway’s daily direct service to Phnom Penh, ongoing airport expansions and the announcement of several new airport projects. Currently, there are more than 20 international airlines offering service to Cambodia for a ...

Cambodian Stock Exchange sees challenges, opportunities

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 ...

http://www.chinapost.com.tw/business/global-markets/2012/05/07/340280/Cambodian-Stock.htm

The price of land development in Cambodia

Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...

http://www.bbc.co.uk/news/world-asia-21973412

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’s Economic Opportunity

While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...

http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/

National testing could widen

Cambodia may soon have new standardised exams to hold its students, teachers and education system accountable. “Everyone agrees that the improved enrolment rates in primary school is an accomplishment; at the same time, everyone also calls for quality-control improvement [which] means better testing,” said Jan ...

Laignee Barron
http://www.phnompenhpost.com/national/national-testing-could-widen

Education ushers women into workforce

Gender inequality in education is still palpable in Cambodia, causing women to be undervalued in the workplace and their potential to be untapped, the Under Secretary of State at the Ministry of Women’s Affairs said during the celebration of the United Nations International Day of the ...

http://www.phnompenhpost.com/index.php/2012100859160/Business/education-to-empower-new-generation-of-women-leaders.html

Promotions few in financial sector

In late 2009, two months after graduating with a degree in economics, Heng Piseth found a job as a credit officer with a microfinance institution in Kampong Thom province. The story reflects a larger trend confronting young Cambodians entering the financial sector’s job market. While ...

http://www.phnompenhpost.com/business/promotions-few-financial-sector

Thai bank’s $140M offer to buy Cambodian MFI on hold

Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...

Hor Kimsay
http://www.phnompenhpost.com/business/thai-banks-140m-offer-buy-cambodian-mfi-hold

RCEP offering Cambodia platform for structural transformation

The Regional Comprehensive Economic Partnership (RCEP) is offering the Kingdom an ideal platform for economic structural transformation, a study carried out by a leading economic research institute has found. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501381922/rcep-offering-cambodia-platform-for-structural-transformation/

National Radio Site Swapped With Land Developer

The Ministry of Information has swapped an 11-hectare plot of land in Phnom Penh’s Meanchey district, which was previously the site of National Radio AM 918, with a property development firm in exchange for the construction of a new radio tower and transmitter on a ...

Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/news/national-radio-site-swapped-with-land-developer-45419/

Aviation revenue released, no clear figures

Aviation revenues have been released by government officials who were hesitant to reveal details but said yesterday the figures had increased by about three per cent. Mao Havannal, secretary of state for the Civil Aviation Secretariat, said after yesterday’s opening of a seminar on aviation insurance that ...

http://www.phnompenhpost.com/index.php/2012081758135/Business/aviation-revenue-released-no-clear-figures.html

New fisheries office inaugurated in Kep

The Fisheries Administration (FA) plans to strengthen its presence in Kep province with the opening of a new cantonment there, officials announced in an official ceremony yesterday morning.The move comes after what conservationists say has been a steady increase in illegal trawling in Kep Bay, ...

Brent Crane
http://www.phnompenhpost.com/national/new-fisheries-office-inaugurated-kep

Master plan for coastal revival nearing approval

The draft Coastal Master Plan is likely to get approval from the Ministry of Tourism and other ministries in the middle of this year, while Otres Beach has been selected by the ministry as the template ensuring bays and beaches are environmentally friendly in order ...

Sok Chan
http://www.khmertimeskh.com/news/19667/master-plan-for-coastal-revival-nearing-approval/

New banknotes signal revival of national pride

In his office at the National Bank of Cambodia, Mr. Heng Bomakara recalls the early stages of the nation’s currency with fondness. He still remembers a time when coins were commonplace. First minted in aluminum and then later in steel, these coins are now a ...

Riel Gains
http://www.khmertimeskh.com/news/36156/new-banknotes-signal-revival-of-national-pride/

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