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
Democratic Reform Needed to Ensure Growth, Prosperity
With the long-ruling CPP sworn in to govern for another five years despite the opposition CNRP abstaining from sitting in the National Assembly due to election irregularities, a new report argues that imminent threats to Cambodia’s future development can only be overcome with significant government ...
Simon Henderson
http://www.cambodiadaily.com/news/democratic-reform-needed-to-ensure-growth-prosperity-43690/
Local oil prices fall slowly
The current volatility of oil prices on the global market is bringing cuts in prices at Cambodia’s five main petroleum retailers. However, some observers say the current fall in prices is too limited. Data from the Ministry of Commerce showed that super oil retailed at 5,200 ...
http://www.phnompenhpost.com/index.php/2012062156925/Business/cambodia-oil-prices-fall.html
“Cambodia needs more and better teachers”, says a CDRI working paper released today
“The shortage of trained teachers at all levels of education but particularly at the primary level is the single most important constraint on narrowing the country’s skill gap”, argues a Working Paper entitled “Cambodia’s Skill Gap: An Anatomy of Issues and Policy Options”, published by ...
Cambodia Development Resource Institute (CDRI)
Job site seeks to curb dangerous migration
The NGO Open Institute has launched a new online service that aims to help Cambodian unskilled labourers find jobs within the country as part of an effort to discourage worker migration in hopes of reducing human trafficking. ...
Andrew Nachemson
http://www.phnompenhpost.com/national/job-site-seeks-curb-dangerous-migration
WHO tests new malaria therapy
High failure rates of the frontline medication to treat malaria in Southern Vietnam have revived concerns that parasites resistant to multiple drugs, first observed in Cambodia’s Pailin province, may be spreading. Meanwhile, experts in the Kingdom are currently testing alternative treatment options to stay ahead ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/who-tests-new-malaria-therapy
Ten commandments: Gov’t lays out food standards
Makers of food- and beverage-related products are for the first time facing mandatory health regulations, with the unveiling of 10 national standards by the Ministry of Industry and Handicraft. The announcement comes after the National Standard Council, a government-run committee, finally approved the standards in May ...
Chan Muyhong
http://www.phnompenhpost.com/business/ten-commandments-gov%E2%80%99t-lays-out-food-standards
Digital roadmap to an innovation-driven economy
The government has demonstrated remarkable dedication and commitment to achieving its goals of turning the country into an upper-middle-income economy by 2030 and a high-income economy by 2050. ...
Ben Sokhean
https://www.khmertimeskh.com/501336041/digital-roadmap-to-an-innovation-driven-economy/
Finance minister asking Booyoung Group of S Korea for fintech boost
The finance minister has asked South Korea’s Booyoung Group to invest more in the Cambodian financial-technology (fintech) market, which has seen remarkable growth during Covid-19, as the company’s chairman revealed preliminary plans for a university in the Kingdom focused on fintech and taxation. ...
May Kunmakara
https://www.phnompenhpost.com/business/finance-minister-asking-booyoung-group-s-korea-fintech-boost
Researcher recognized for HIV, TB contribution
A Cambodian medical researcher has received international recognition for a presentation on developments in the treatment of patients infected with both HIV and tuberculosis at a conference in France last week. ...
Janelle Retka
https://www.cambodiadaily.com/news/researcher-recognized-for-hiv-tb-contribution-98183/
Ministry investigates maritime school over worker complaints
The Interior Ministry’s anti-human trafficking department on Monday questioned an administrator at a maritime school over complaints lodged in September by seven former students who claim they were forced to flee a pair of Chinese-owned cargo ships after working in slave-like conditions. ...
Ben Sokhean
https://www.cambodiadaily.com/news/ministry-investigates-maritime-school-over-worker-complaints-101579/
US-funded National Democratic Institute accused of colluding with CNRP
Leaked materials from the United States-funded NGO National Democratic Institute (NDI) have been portrayed on Facebook and in local media as being part of an “ill intended” strategy to help the opposition party win next year’s national election, with government officials yesterday publicly questioning the ...
Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/us-funded-national-democratic-institute-accused-colluding-cnrp
Loan offtake slows, NPLs go up
Growth in the offtake of loans from financial institutions is forecast to be in single digits this year in Cambodia, compared to the 17 percent growth in 2022, according to the Cambodian Financial Sector Report 2023 by Mekong Strategic Capital. ...
Manoj Mathew
https://www.khmertimeskh.com/501350471/loan-offtake-slows-npls-go-up/
Educators renew focus on STEM curriculum
Cambodian educators say they are working on improving studies in science, technology, engineering and math. ...
Hean Socheata
http://www.voacambodia.com/content/educators-renew-focus-on-stem-curriculum/3218002.html
Financial Technology takes center stage in Cambodia’s economic growth plan
Cambodia has unveiled its Financial Technology (Fintech) Development Policy 2023-2028, aiming to enhance financial inclusion, maintain financial stability, and promote innovation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501371701/financial-technology-takes-center-stage-in-cambodias-economic-growth-plan/
Collaboration is key to Cambodian education’s pandemic recovery
Collaboration within the education sector is key to fill the huge learning gap created by the pandemic, with a push needed for digital literacy, entrepreneurship skills, and technological readiness, a new roadmap reveals. ...
Bun Tharum
https://kiripost.com/stories/misti-edutech-roadmap-collaboration-is-key-to-cambodia-education-pandemic-recovery
Prasac ups paid up capital
One of the Kingdom’s largest microfinance institutions (MFI), Prasac MFI, increased its paid up share capital by $29 million in a bid to increase public confidence and comply with the National Bank of Cambodia’s (NBC) requirements. ...
May Kunmakara
http://www.khmertimeskh.com/news/27959/prasac-ups-paid-up-capital/
US criticises ‘troubling’ steps against press, NGOs
The US State Department has expressed deep concern over Cambodia’s spiralling democratic climate following the government’s diktat to shutter the USAID-funded National Democratic Institute (NDI), ostensibly for violating the highly contentious NGO Law. ...
Ananth Baliga and Mech Dara
http://www.phnompenhpost.com/national/us-criticises-troubling-steps-against-press-ngos
MFI loans, deposits grow in first nine months of this year
Outstanding loans and deposits in Cambodia’s crowded microfinance institution (MFI) sector have seen a sharp rise in the first three quarters of this year. ...
May Kunmakara
https://www.phnompenhpost.com/business/mfi-loans-deposits-grow-first-nine-months-year
Cambodia, Japan exchange views on Korean Peninsula issue
Cambodian Foreign Minister, Hor Namhong, and visiting Japanese Parliamentary Vice-Minister for Foreign Affairs, Masakazu Hamachi, on Monday in Phnon Penh exchanged views on the Korean Peninsula nuclear issue. កម្ពុជា, ជប៉ុនផ្លាស់ប្តូរទស្សនៈគ្នាលើបញ្ហានៅឧបទ្វីបកូរ៉េ ...
Agency Report
http://leadership.ng/news/510972/cambodia-japan-exchange-views-korean-peninsula-issue