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Companies lag on listing rules

Adding its name to a rapidly growing list of private companies, Tonlesap Airlines is gearing up for an initial public offering on the Cambodia Securities Exchange. And like many of these companies, the listing is still years off as Tonlesap prepares the tax and financial information ...

http://www.phnompenhpost.com/index.php/2012083058376/Business/companies-lag-on-listing-rules.html

PM: Grade 12 exam still on

Public and private educational institutions across Cambodia reopened their doors on November 1 after being closed since March due to the Covid-19 pandemic, while Prime Minister Hun Sen made it clear that high school diploma exams would be taking place this year and students will ...

Voun Dara
https://www.phnompenhpost.com/national/pm-grade-12-exam-still

Telecommunications ministry pushes tech education

The Ministry of Post and Telecommunications urged the students who completed the recent High School Diploma examinations to embrace digital technology, which it said plays an important role in daily life, business, public service and other services. ...

Long Kimmarita
https://www.phnompenhpost.com/national/telecommunications-ministry-pushes-tech-education

On Eve of Visit, Obama Faces Asean Challenges, New China Leader

Newly re-elected US President Barack Obama will attend a series of top-level Asian meetings next week, with Cambodia hosting an Asean summit, and China in attendance with new leadership. The high-profile meetings will present challenges for the US president, whose administration has become more deeply ...

http://www.voacambodia.com/content/on-eve-of-visit-obama-faces-asean-challenges-new-china-leader/1545093.html

Local MFIs’ high-tech investment

The first time Leang Horng, a resident of Kandal province’s Saang district, made use of a micro-finance institution, a loan was the only service he needed. At that time, Horng had no idea about deposits or money transfers. But things have changed in the past few ...

http://www.phnompenhpost.com/2013022661599/Business/local-mfis-high-tech-investment.html

Canadian Aid for Communal Land Titles to End in March

Canadian funding for ethnic minority communities in the process of applying for communal land titles will run out in March, and other donors have not yet signed up to take over the task, officials from the Canadian International Development Agency (CIDA), which currently provides the ...

http://www.cambodiadaily.com

Non-Government Groups Take Stock of the Country’s Rights Records

The government’s abuse of land rights and indigenous minorities were among the top concerns raised Tuesday by non-governmental groups at a workshop in Phnom Penh on Cambodia’s progress toward achieving a long list of U.N. human rights recommendations. As part of the U.N. Human Rights Council’s ...

http://www.cambodiadaily.com/news/non-government-groups-take-stock-of-countrys-rights-record-21113/

New Coal Plant to Tackle Blackouts

National energy supplier Electricite du Cambodge (EdC) on Monday announced that a 50-MW coal-fired power plant in Preah Sihanouk province is ready to come online this week and will solve Phnom Penh’s chronic blackouts. The statement does not mention which power plant had been completed, ...

http://www.cambodiadaily.com/news/new-coal-plant-to-tackle-blackouts-31220/

Deforestation warming Cambodia, activists say

As the impacts of climate change become more apparent worldwide, members of the public are connecting more weather events to the phenomenon. In March and April, for example, extreme heat baked mainland Southeast Asia. On April 20, Vietnam set an all-time observed record high temperature, 43 ...

Michael Tatarski
https://www.asiatimes.com/2019/06/article/deforestation-warming-cambodia-activists-say/

PPAP share offer fully subscribed

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, successfully raised $5.2 million in an initial public offering that was more than 1.4 times oversubscribed, its underwriter said yesterday.Subscription for 4.1 million shares, a 20 per cent stake, of the port ...

Cam McGrath and Sorn Sarath
http://www.phnompenhpost.com/business/ppap-share-offer-fully-subscribed

Japan offers $239 million in emergency assistance

Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).”   ...

Ry Sochan
https://www.khmertimeskh.com/50775690/japan-offers-239-million-in-emergency-assistance/

No foreign aid offered to run National Election

No foreign country has offered to assist the National Election Committee (NEC) with financial assistance or in kind for running next year’s National Election. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501147606/no-foreign-aid-offered-to-run-national-election/

ADB offers Covid recovery package

Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-offers-covid-recovery-package

Sub-Decree to Require Licenses fro Tour Guides

The Council of  Ministers on Friday approved a sub-decree requiring tour guides to obtain licenses from the government in an effort to regulate and improve quality of service in the tourism sector. The sub-decree aims “to define the procedure to manage tourist guides,”and requires current ...

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

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/

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

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

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