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Cambodian insurance industry has 'Substantial potential for growth'

Nascent insurance markets in Cambodia, Cuba and Myanmar offer “significant opportunities” to foreign insurers, according to a US market research company. In a statement released Wednesday, Dallas-based Market Reports Store praised Cambodia’s “bold economic reforms and economic liberalisation” since 2000. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjgyYjQ3MWI0YWN

SME board possible this year

Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...

May Kunmakara
http://www.phnompenhpost.com/business/sme-board-possible-year

Repeat test takers learn to manage expectations

Nam Meng Ang, 18, had little confidence in his ability to pass the grade 12 national exam this year—which determines which students get to enter university—having failed last year’s test, and the retake offered several weeks later. ...

Aun Chhengpor and Janelle Retka
https://www.cambodiadaily.com/news/repeat-test-takers-learn-to-manage-expectations-92536/

Sure-bet legislation: NA approves draft law on managing commercial gambling to boost economy

The National Assembly yesterday adopted the draft law on commercial gambling management to create more jobs and boost the economy. The draft law was adopted after it secured 114 votes out of the 117 parliamentarians present during the 5th session of the 6th National Assembly ...

Ry Sochan
https://www.khmertimeskh.com/50770069/sure-bet-legislation-na-approves-draft-law-on-managing-commercial-gambling-to-boost-economy/

NA approves draft laws on inspection ministry and border secretariat

The National Assembly (NA) has approved draft laws which will rename the Ministry of National Assembly-Senate Relations and Inspection and establish a permanent Secretariat of State for Border Affairs. The new legislation is part of the seventh-mandate government’s bid to deepen its reforms. ...

Vong Daravady
https://www.phnompenhpost.com/national/na-approves-draft-laws-inspection-ministry-and-border-secretariat

Minister of Education meets with Microsoft

Minister of Education, Youth and Sport Hang Chuon Naron met with representatives of Microsoft on Wednesday at the National Sport Training Center in Phnom Penh to support the multinational firm’s assistance with the development and expansion of the New Generation Schools (NGS) programme. ...

Voun Dara
https://www.phnompenhpost.com/national/minister-education-meets-microsoft

On world rabies day, a call for cooperation

Government officials and public health workers met with about 100 students at the Ministry of Health’s school of nursing in Phnom Penh on Monday to mark World Rabies Day, calling for a united effort to eradicate a virus that kills hundreds of Cambodians each year. ...

Meghan Tribe
https://www.cambodiadaily.com/news/on-world-rabies-day-a-call-for-cooperation-95814/

Cambodian-born Vietnamese deserve better: visiting official

A senior Vietnamese leader has met with Cambodia’s National Assembly to request the continued acknowledgement of Cambodian-born Vietnamese, Vietnamese investors and to request that young Vietnamese born in the country be allowed to study in Cambodian public schools. ...

Khy Sovuthy
http://www.khmertimeskh.com/5078152/cambodian-born-vietnamese-deserve-better-visiting-official/

Protest leader accuses Education System linked to Politics

Though the Ministry of Education is reforming its system which resulted in only 40 percents of the high school students across the country passed the exam this year, president of Cambodian Independent Teachers’ Association Mr. Rong Chhun said that Cambodia education system is linked ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/protest-leader-accuses-education-system-linked-to-politics-7593

Police close orphanage over child sex claims

Police shut down the Our Home orphanage and school in Phnom Penh on Thursday, two days after child sex abuse allegations led to the arrest of its director—a former head of the anti-pedophile NGO Action Pour Les Enfants (APLE), which carried out the investigation. ...

Ben Sokhean and Simon Henderson
https://www.cambodiadaily.com/news/police-close-orphanage-over-child-sex-claims-79194/

Memorial project educates youth on Khmer Rouge

More than 20 memorials have been built in Cambodian high schools since 2010, in an effort to educate young people about the Khmer Rouge. The aim of the project is to teach about genocide in order to prevent its return. ...

Sou Pisen
http://www.voacambodia.com/content/memorial-project-educates-youth-on-khmer-rouge/2871837.html

Ministry, NGO to push training

Youth vocational training may be the key to curbing migration and combating poverty in Cambodia’s most vulnerable communities, according to child welfare NGO Pour un Sourire d’Enfant (PSE), which is helping to roll out a technical skills program for high school dropouts. ...

Rebecca Moss
http://www.phnompenhpost.com/national/ministry-ngo-push-training

Hotel boom leaves hospitality sector with an empty feeling

As the number of boutique hotels rises rapidly in Phnom Penh, hoteliers say they have seen their occupancy rates drop this year due to the increased offerings – as well as the economic downturn in Europe and terrorism scares in the region.  ...

Ayanna Runcie
http://www.phnompenhpost.com/business/hotel-boom-leaves-hospitality-sector-empty-feeling

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/

More families take deals to vacate dam site

Another 73 families in Stung Treng province have accepted the government’s offer of new land in exchange for the farms they will lose to the Lower Sesan II hydropower dam currently under construction, the second group to take the deal.​ ...

Kang Sothear
https://www.cambodiadaily.com/news/more-families-take-deals-to-vacate-dam-site-109569/

Life insurer targets low-income workers

An obscure NGO is providing life insurance coverage to low-income individuals, mostly garment workers, offering a financial safety net for the families of its policyholders, but triggering the concern of insurance regulators who take issue to its unlicensed operations. ...

Hor Kimsay
http://www.phnompenhpost.com/business/life-insurer-targets-low-income-workers

For some women, sex work is a choice, not a matter of trafficking

Cambodian sex workers are often thought of as victims of trafficking. And that may be true for some. For others, however, work in the country’s entertainment sectors offers financial security, and sex work becomes a choice. ...

Ten Soksreinith
http://www.voacambodia.com/content/for-some-women-sex-work-is-a-choice-not-a-matter-of-trafficking/3065664.html

Thai life insurer to enter local market

Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/thai-life-insurer-enter-local-market

Trade fair fees reduced for local garment firms

Germany-based apparel industry trade fair organiser Messe Frankfurt France signed a memorandum of understanding with the Garment Manufacturers Association in Cambodia yesterday to offer discounted exhibitor fees to Cambodian manufacturers in a deal valued at €400,000 ($450,000). ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/trade-fair-fees-reduced-local-garment-firms

Briq enters the Cambodia market

Creative agency Briq has expanded to Cambodia, its second office globally after first launching in Singapore four years ago. Briq International Cambodia will offer marketing and communication solutions – creative, production, digital services, strategic planning and research, content development, public relations, media and activation. ...

Marketing Interactive News Staff
http://www.marketing-interactive.com/briq-enters-cambodia-market/

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