Cambodia promotes digitalisation of economy and society
Digital technology will play an increasingly important role in spurring economic recovery after the COVID-19 crisis as well as promoting a new, sustainable and more resilient economy, President of the Cambodian National Assembly Heng Samrin said at the first plenum of the 42nd General Assembly ...
Khmer Times Staff
https://www.khmertimeskh.com/50922385/cambodia-promotes-digitalisation-of-economy-and-society/
FASMEC partners to introduce SME clusters
The Federation of Associations of Small and Medium-size Enterprise of Cambodia (FASMEC) will cooperate with the Thailand-based Mekong Institute to train master teachers in an effort to implement a small and medium enterprise (SME) cluster and export consortia in the coming years, according to officials. The two-day workshop ...
Gov’t urges sauce makers to increase iron content
Manufacturers of soy and fish sauces should fortify the products with iron in order to improve Cambodians’ health, government officials said yesterday. During a workshop on iron fortification, Sat Samy, secretary of state at the Ministry of Industry and Handicrafts, called on producers to help combat ...
Kang Sothear
http://www.cambodiadaily.com/news/govt-urges-sauce-makers-to-increase-iron-content-67579/
Transport minister backs Siem Reap electric bus study
The Ministry of Public Works and Transport has expressed its support a pre-feasibility study on the use of electric buses in Siem Reap town and province. The case study, which was prepared by the Global Green Growth Institute (GGGI), will be used as model for ...
Van Socheata
https://www.phnompenhpost.com/national/transport-minister-backs-siem-reap-electric-bus-study
20,000 youth to receive training as the Kingdom raises skilled HR
The Ministry of Labour and Vocational Training announced that nearly 20,000 young people from disadvantaged households registered for and received vocational training in the 45 days between November 15 and December 30. ...
Van Socheata
https://www.phnompenhpost.com/national/20-000-youth-to-receive-training-as-the-kingdom-raises-skilled-hr
Major Gap Emerging Between Labor Market and Job Seekers
PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...
Korea’s KB Kookmin Bank says completes acquisition of Prasac
South Korea’s KB Kookmin Bank, New York-listed KB Financial Group Inc’s (KB) commercial banking unit, on October 20 announced the completion of the acquisition the remaining 30 per cent interest in Prasac, Cambodia’s largest microfinance institution, as it expands its business into the Kingdom’s financial ...
May Kunmakara
https://www.phnompenhpost.com/business/koreas-kb-kookmin-bank-says-completes-acquisition-prasac
Thai princess technology institute to begin construction
Prime Minister Hun Sen and Princess Maha Chakri Sirindhorn have high expectations for the Kampong Speu Institute of Technology, which was funded by the Thai royal in order to develop human resources in Cambodia. ...
Ven Rathavong
http://www.khmertimeskh.com/news/21782/thai-princess-technology-institute-to-begin-construction/
Cambodia performs poorly on index for energy sustainability
Cambodia continues to struggle to adopt a balanced approach to its energy needs, according to a report released by the World Energy Council (WEC) today. ...
Anthony Jensen and Ouch Sony
https://www.cambodiadaily.com/news/cambodia-performs-poorly-on-index-for-energy-sustainability-99923/
Prices steady in October
Consumer prices in the Kingdom rose about five per cent year-on-year in October, according to the National Institute of Statistics, though they held steady from September. Declining food and fuel prices, along with an appreciating US dollar, were listed as the main reasons for the stabilisation ...
http://www.phnompenhpost.com/index.php/2011113053042/Business/prices-steady-in-october.html
Nepotism complaint at institute
Sixteen former staff members at the Sihanoukville provincial Multi-Technical Training Institute filed a sweeping complaint against the school’s married directors with the Ministry of Labor over the weekend. ...
Pav Suy
http://www.khmertimeskh.com/news/27480/nepotism-complaint-at-institute/
British institute preparing report on garment factory safety
Britain’s Royal Institute of Chartered Surveyors says it is preparing a report for the Cambodian government on possible steps to reassure garment buyers about factory safety. The report by the Institute, which investigated the Rana Plaza garment factory collapse in Bangladesh last year, will also include ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Y2EyZTc5ODg0YWF
Structure removed from Buddhist Institute land
A temporary structure built on the Buddhist Institute’s land by NagaCorp, which added to swirling rumors late last year that the growing casino empire was planning to develop the land and prompted hundreds of monks to march in protest, has been removed. ...
Khuon Narim
https://www.cambodiadaily.com/news/structure-removed-from-buddhist-institute-land-75808/
Losing 104 rural credit agencies ‘may allow growth’ in finance sector
The central bank’s recent revocation of the operating licences of 104 rural credit institutions (RCI) – nearly half – should not have significant ramifications on the Kingdom’s wider financial system, industry insiders and observers have assured. ...
Focusing on a good user experience
Companies and individuals need to do more than just create technology. They need to optimise the services and goods they provide, especially when introducing new concepts to developing markets such as Cambodia. That was the message from one presenter at last weekend’s T3CON12-ASIA conference in Phnom ...
Future of E-Business linked to skills
The future of e-business in Cambodia depends on gaining better skills, a group of students heard yesterday at the University of Puthisastra. In a panel discussion on the future of e-business as part of BarCamp Phnom Penh, T.O. Software president Heng Chamroeun offered advice to the ...
MFI deposits double in 2014
The total amount of savings at Cambodia’s deposit-taking microfinance institutions (MFIs) reached $897 million by the end of 2014, more than doubling from its 2013 base of $445 million, according to figures from the Cambodian Microfinance Association (CMA). Prasac is the largest MFI with deposits ...
Hor Kimsay
http://www.phnompenhpost.com/business/mfi-deposits-double-2014
Fashionistas Plan Extravanganza in Cambodia
2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...
Microsoft translation project to tackle business jargon
American software giant Microsoft announced yesterday that it would jointly implement a project with Cambodia’s Ministry of Commerce to create a translation program to simplify complex English and Khmer business terminology in order to help businesses better understand commonly used jargon. ...
Hor Kimsay
http://www.phnompenhpost.com/business/microsoft-translation-project-tackle-business-jargon
IBBM Launches Chartered Banker Qualifications In Cambodia
The Institute of Bankers Malaysia (IBBM) has launched the Chartered Banker qualification for the Cambodian banking industry to develop talents in the banking industry in that country. The launch of the Chartered Banker qualifications was officiated today by the National Bank of Cambodia Deputy General ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=978465