Japanese firm plans Cambodian fund for later this year
Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...
Business Registrations Up 34% This Year
The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...
Water Authority Stock Launch May Be Delayed
It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...
UN fights malnutrition with snack
The production of Nutrix, a new fish-based wafer snack, was launched in Phnom Penh on Monday to assist in the fight against “severe acute child malnutrition” in Cambodia. The Nutrix facility is the first of its kind in the Kingdom and only the second in ...
Niem Chheng
https://www.phnompenhpost.com/national/un-fights-malnutrition-snack
Project set to develop franchising
The University of Sydney Business School has launched a research project in an effort to identify barriers to franchising in Southeast Asia, including Cambodia, and to develop a strategy to boost the sector’s growth in the region. The two-year project, funded by AusAID, targets structural, regulatory, ...
http://www.phnompenhpost.com/2013020861250/Business/project-set-to-develop-franchising.html
Global Media Conference Yields Ideas for Cambodian Internet
Keo Kounila is Cambodian blogger who recently attend the Deutsche Welle Global Media Forum in Bonn, Germany. After meeting amid some 1,500 participants, she told VOA Khmer she had garnered new ideas to help develop Cambodia, including organizing seminars to help university students make better use ...
Cambodia aiming for road connectivity in 2015
Cambodia says it hopes to have road connectivity to Vietnam and Thailand by 2015. The connection would be part of Asean integration, a process where Cambodia lags behind its neighbors. Six countries of the Mekong River delta have worked toward linking by road since 1998, in an ...
Khoun Theara
http://www.voacambodia.com/content/cambodia-aiming-for-road-connectivity-in-2015/1924443.html
Mobile Banking Services On A Rise
F1soft Company, a software service provider that makes banking transactions available via phone, had commenced operations in Cambodia, company officials said yesterday during a workshop. Sean Thorninn, a lecturer in economics at the Limkokwing University and expert in Cambodia’s landscape of microfinance institutions (MFI), told ...
http://www.phnompenhpost.com/2013050765437/Business/mobile-banking-services-on-a-rise.html
Strikes still on in some provinces
Unrest in the garment sector spread yesterday, as hundreds of workers from Kandal province demonstrated outside their factory. The 700 workers at Unity Fashion factory walked off the job after managers said they would dock wages of workers who did not show up on April 17, ...
Mom Kunthear
http://www.phnompenhpost.com/national/strikes-still-some-provinces
Tech start-up pitches sought
A group of Phnom Penh-based high-tech professionals are putting on the second annual Startup Weekend Cambodia from June 22 to 24 at Yellow Tower, across the Tonle Sap from the Riverside. Darren Jensen of Yoolk, a software company that builds content, sales and HR management systems ...
http://www.phnompenhpost.com/index.php/2012061156712/Business/tech-start-up-pitches-sought.html
Failed students weigh future
As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...
Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future
Bavet City garment strikes gain momentum
Trade unions may have failed to get a stay-at-home strike for higher wages off the ground after the Khmer New Year earlier this month. But a strike for bonus pay is picking up steam in Svay Rieng Province, where some 20,000 garment workers protested at ...
Mech Dara
http://www.cambodiadaily.com/news/bavet-city-garment-strikes-gain-momentum-57447/
Cambodia taps Japanese blockchain tech for payment system
The National Bank of Cambodia will develop a blockchain-based payment system with help from a Japanese financial technology startup to offer people a secure, low-cost way of sending and receiving money. ...
Private Firms Approach Cambodia’s Bourse With Caution
When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...
Gov’t rights report to be sent to UN
The government will today submit its second report to the UN Human Rights Council as part of the Universal Periodic Review (UPR) process that takes stock of human rights progress in each UN member state. Governments are required to report to the council every four and ...
Cheang Sokha
http://www.phnompenhpost.com/national/gov%E2%80%99t-rights-report-be-sent-un
UN urges Cambodia to hold companies to account over land disputes
Companies that have seized land, confiscated livestock and destroyed homes and property have gone unpunished, the UN special rapporteur for Cambodia has said. Surya Subedi, professor of international law at Leeds University, said all the communities he had met raised the issue of misconduct by ...
http://www.guardian.co.uk/global-development/2012/may/14/un-cambodia-companies-land-disputes
Kingdom lacks engineers: minister
Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...
http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html
Concessions Not for Logging, Hun Sen Says
Prime Minister Hun Sen yesterday told senior officials to stop investors from using land concessions as a pretext for logging and to discuss the possibility of reducing the amount of time such concessions can last. The government placed a moratorium on logging concessions in 2002 to ...
Wages will increase following economic growth
Hun Sen said salaries for civil servants and garment workers will increase yearly coinciding with the growth in the economy. Speaking at a graduation ceremony for the Royal University of Phnom Penh (RUPP) at the Koh Pich center on Tuesday, he said during the general assembly ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=Y2MzZjI4MzI3MzI
A factory or family dilemma
Being placed on consecutive short-term contracts in Cambodia’s predominantly female-staffed garment sector is forcing many women to choose between a family and a factory job, unionists and rights groups said yesterday. Ken Chenglang, acting president of the National Independent Federation Textile Union of Cambodia, said many ...
Amelia Woodside and Mom Kunthear
http://www.phnompenhpost.com/national/factory-or-family-dilemma