Tong Yang to Underwrite Bonna Realty IPO
More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...
Phnom Penh Autonomous Port pushes for IPO
Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...
ACU tackles exam cheats
Cheating on national grade nine and 12 exams – which has been rampant in the past – just got harder. The Anti-Corruption Unit (ACU) announced yesterday that it will enlist the services of independent NGOs, civil society groups and private companies to monitor the more than ...
Chhay Channyda and Laignee Barron
http://www.phnompenhpost.com/national/acu-tackles-exam-cheats
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
As Cambodia Courts US Business, Old Problems Remain
As a delegation of US business owners prepares to travel to Cambodia with US Secretary of State Hillary Clinton, analysts say they will be tough to court, given Cambodia’s lack of law enforcement. “Investors don’t bring guns, they don’t bring bodyguards—they bring money to invest,” said ...
Rated X for content: TEDxPP
The grand finale at Phnom Penh’s much-ballyhooed TEDx event on Saturday was intended to send a message. Several activists, among them Loun Savath and the son of the late Chut Wutty, would stand before an audience of 600 and read accounts of violent land disputes. Images from ...
http://www.phnompenhpost.com/index.php/2012061156729/National-news/rated-x-for-content.html
Study calls for halt to dams
A new study and accompanying short film released yesterday call for all lower Mekong dam developers to halt plans until further impact studies can be made. Hydropower dams will have a greater impact on river flows than even climate change, according to research by the University ...
Laignee Barron
http://www.phnompenhpost.com/national/study-calls-halt-dams
Shots fired at me, says Tep Kolap
In a bizarre series of events, only days after being vindicated by the Supreme Court, Phnom Penh International University rector Tep Kolap claimed to have been chased across Phnom Penh yesterday evening by men who shot at her car as she sought refuge in Prime ...
Shuttered schools, factories
With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...
Sean Teehan, Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/shuttered-schools-factories
Two years after offer, US yet to clean up war-era chemicals
Government officials on Thursday said they are still waiting for the U.S. Embassy to make good on a 2012 offer to clean up several barrels of the riot control agent CS that were dropped on Cambodia during the U.S.’ war with Vietnam and which the ...
Zsombor Peter and Saing Soenthrith
http://www.cambodiadaily.com/news/two-years-after-offer-us-yet-to-clean-up-war-era-chemicals-64930/
Barred from exam, grade 12s protest
Fifty-two students in Kampong Thom are blaming teacher favouritism and an inherently unequal system for preventing them from sitting the national exam and graduating this year. The students, from Hun Sen Taing Kork High School in Baray district, filed a petition to the provincial department of ...
Chhay Channyda
http://www.phnompenhpost.com/national/barred-exam-grade-12s-protest
Ministry eyes ‘bridge’ to vocational training
Deputy Prime Minister Sok An requested yesterday that the Ministry of Education, Youth and Sports collaborate with the Ministry of Labour to create a vocational “bridge” program to enable students without high school degrees to have access to trade-based, university-level coursework. ...
Pech Sotheary
http://www.phnompenhpost.com/ministry-eyes-bridge-vocational-training
Ministry warns six provinces of low temperatures
The Water Resources and Meteorology Ministry yesterday issued a statement warning that temperatures in six provinces could dip to as low as 17 degrees Celsius starting today. ...
Mom Kunthear
https://www.khmertimeskh.com/50564387/ministry-warns-six-provinces-of-low-temperatures/
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
Health sector on notice
Legal action will be taken against health institutes that offer a low quality of care, according to a directive issued by the Minister of Health last week, which also emphasized the importance of digital record keeping in the medical sector. ...
Mom Kunthear
http://www.khmertimeskh.com/news/26032/health-sector-on-notice/
China's ICBC offers RMB transfers
A new banking settlements system called CHANCES, dealing exclusively in the Chinese currency renminbi (RMB), aims to make trade between China and the ASEAN countries easier and less expensive. Owned and operated by the Industrial and Commercial Bank of China (ICBC), the CHANCES system stands for ...
PM offers opposition ceasefire
Prime Minister Hun Sen yesterday responded to calls from acting opposition leader Kem Sokha for Cambodia’s “political family” to unite for the upcoming Pchum Ben festival, saying he would observe a “ceasefire” amid the escalating war of words between himself and the opposition. Speaking at a ...
May Titthara
http://www.khmertimeskh.com/news/30119/pm-offers-opposition-ceasefire/
Industry leaders voice concern over sky-high cost of electricity
Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...
Kali Kotoski
http://www.phnompenhpost.com/business/industry-leaders-voice-concern-over-sky-high-cost-electricity
Wage talks remain in deadlock
The third day of negotiations between members of a working group trying to reach a consensus on the minimum monthly garment wage remained stagnant yesterday, as manufacturers refused to budge from their $110 offer. ...
Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/wage-talks-remain-deadlock
Historic US aid project
A new USAID-funded malaria project in Myanmar will draw on prevention, treatment and containment models developed in Cambodia, and underscores the emergence of closer relations between Washington and Naypyitaw, health officials said yesterday. The US$24 million project will expand the effort to contain drug-resistant malaria, which ...
http://www.phnompenhpost.com/index.php/2011120153090/National-news/historic-us-aid-project.html