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 ...

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).”   ...

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. ...

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 ...

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 ...

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 ...

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) ...

Investment Data Research OfficerVisith is a Data Researcher at Open Development Cambodia (ODC). At ODC, he is responsible for the desk research and data collection on foreign investment from multi-languages sources and translates it. Under the direct supervision of Data Research and GIS Specialist and ...

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.​ ...

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 ...

On 07 December 2020, the Ministry of Education, Youth and Sport issued an announcement on the postponement of the High School Diploma Examination dated 21 December 2020 to mid-January 2021. The decision was made due to the uncertain situation of the impact of the 28 ...

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 ...

The Regional Comprehensive Economic Partnership (RCEP) is offering the Kingdom an ideal platform for economic structural transformation, a study carried out by a leading economic research institute has found. ...

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 ...

Web Development and IT OfficerVichra is mainly responsible for ensuring the well-functionality of IT network systems and infrastructure, including hardware and software. Moreover, his primary responsibility is on digital security control, system upgrade, and other IT-related support. Additionally, he supports website development and maintenance.Vichra held ...

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 ...

Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...

Prime Minister Hun Sen has called on the Ministry of Education to allow the reopening of public and state universities throughout the country following the reopening of schools. ...

Tropical Storm Sinlaku is expected to hit Cambodia today, bringing with it heavy rains and flooding for residents in the Kingdom’s northeastern provinces, a government meteorologist confirmed. Mondulkiri and Ratanakkiri are expected to be the most vulnerable areas, and the storm will have little effect on ...

The government will formally inaugurate a community-based national drug rehabilitation centre on March 22 in Preah Sihanouk province, with the centre focusing on vocational training for addicts to provide them with a clear career path and life skills when reintegrating into society. ...