Public and private universities are experiencing an exponential rise in the number of students opting for two-year associate degrees rather than four-year bachelor’s programs following last year’s disastrous high school exit examinations, education officials said yesterday. ...

Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...

It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...

Prime Minister Hun Sen on Monday publicly announced that Education Minster will no longer sign the university diplomas which shall be signed at the university level. He said the reason to let the rectors sign the diplomas, is to promote the quality of education in ...

As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...

When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...

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 ...

The government has made “remarkable development progress” in successfully guiding the country through the global financial crash of 2008, ensuring economic stability and enabling the government to meet the Cambodian Millennium Development Goal on poverty reduction, Prime Minister Hun Sen said yesterday. Speaking at the launch ...

ANZ Royal Bank chief executive Damian Bell has resigned from the post he held for not much more than a month, a company spokeswoman confirmed yesterday. He resigned “several weeks ago”, Libby Armstrong, a Hong Kong-based ANZ spokeswoman, said by phone. No explanation was offered for ...

With the floodwaters receding following weeks of heavy rains, the National Committee for disaster Management met with officials from 20 provinces on Friday to determine the scale of the devastation and begin planning the cleanup. The NCDM on Wednesday launched a disaster management database in ...

The Education Ministry will organize a training course and study programs that will give all of the country’s teachers access to bachelor’s degree programs by 2020, officials said yesterday. ...

Four Vietnamese nationals were arrested off the coast of Preah Sihanouk province Tuesday for allegedly smuggling illegally cut wood from the neighboring province of Koh Kong, officials said yesterday. Sak Sovann, crime unit chief for the Interior Ministry’s maritime border police department, said the four men ...

A 265MW coal-fired power plant in Oddar Meanchey province is scheduled to begin operations early next year as construction of the plant’s infrastructure and transmission line connecting to East Siem Reap Substation nears completion, according to deputy provincial governor di Rado. ...

Prime Minister Hun Sen was awarded an honorary doctorate in “transformational leadership” by Malaysia’s Limkokwing University on Wednesday, adding to his extensive list of honorary degrees. ...

Thousands of workers at the Wing Star Shoes factory demonstrated Tuesday for the second day in a row outside the factory in Kom­pong Speu province after a meeting between union and company officials failed to reach an agreement that would end an ongoing strike, worker ...

Smart Axiata in collaboration with the ministries of Education, Youth and Sport (MoEYS), and Posts and Telecommunication (MPTC), signed a three-year Memorandum of Understanding (MoU) on Tuesday to “develop future talents and digital corporate leaders”. As part of this, 20 scholarships will be offered to ...

Prime Minister Hun Sen yesterday responded to calls from acting opposition leader Kem Sokha for Cambodia’s “political family” to unite for the upcoming Pchum Ben festival, saying he would observe a “ceasefire” amid the escalating war of words between himself and the opposition. Speaking at a ...

The International Committee of the Red Cross (ICRC) is willing to offer assistance in future prison building projects, and in the preparation of prison management policies that are in line with international standards, the National Police website said on Tuesday. According to the website, the ICRC ...

Cambodia has marked its first Cassava Day with expectations of greater exports to China, one of the world’s big markets for the tuberous root.   ...

Twenty-one families whose houses were demolished during an eviction on Tuesday said yesterday that they planned to refuse an offer of houses, land and cash from the tycoon who now possesses their land. Villagers, however, will continue to discuss the offer in another meeting scheduled ...