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Cambodia's service sector encouraging, but reforms needed: ADB

Cambodia is benefiting from a steadily growing service sector, but it needs to clear a number of obstacles to harness the sector’s potential, said a new Asian Development Bank (ADB) report released on Tuesday. The report, entitled Developing the Service Sector as an Engine of Growth ...

Global Times News Staff
http://www.globaltimes.cn/content/824334.shtml#.UoLkAHCBlmM

Not enough high-quality jobs, group warns

Cambodia does not have enough productive or high-quality jobs available and most employment is informal, which will prevent Cambodians from rising out of poverty, the International Labor Organization (ILO) said Monday at a workshop in Phnom Penh. To help solve the issues affecting the labor market, ...

Ministry to Survey Gap Between University, Jobs

The Ministry of Education is preparing to distribute questionnaires nationwide to assess the gap between the job market and subjects being studied by university students. As Cambodia’s economy develops, employers have complained that there are too many graduates in subjects such as management and business, ...

http://www.cambodiadaily.com/news/ministry-to-survey-gap-between-university-jobs-34764/

Bodies pulled from rubble

After four days of waiting amid a mounting death count, Yat Meng got a call that his younger brother, Pheng, was found dead yesterday, buried under the concrete slabs of a collapsed condominium just north of Bangkok. Pheng, 20, was one of two dead Cambodian migrant ...

Vong Sokheng and Laignee Barron
http://www.phnompenhpost.com/national/bodies-pulled-rubble

A Tough Ride for S Korean Property Projects

GS Engineering & Construction broke ground on June 18, 2008 of Cambodia’s largest building the International Finance Complex in Phnom Penh but since then has been suspend or forced to downscale like all of the other building projects in the city. Worth more than $4.5 ...

Nearly 200 Chinese construction workers detained in Phnom Penh

An inspection at the Sino Great Wall International Engineering’s building site in Phnom Penh yesterday found nearly 200 Chinese workers without work permits, according to an immigration official, though a spokesman for the project’s developer said the employees’ paperwork was in the pipeline. ...

Touch Sokha and Mech Dara
http://www.phnompenhpost.com/national/nearly-200-chinese-construction-workers-detained-phnom-penh

Civil engineering students on the rise

Students finishing their secondary education this year are carefully looking at market demand to decide what to study to ensure solid future earnings. Many educators say the recent growth of the construction sector in Cambodia is encouraging parents and students to enroll at the universities of ...

http://www.phnompenhpost.com/index.php/Real-Estate/civil-engineering-students-on-the-rise.html

Lueckenhausen elected at IBC

One woman who has been actively involved in the development of Cambodia’s business climate is Janet Lueckenhausen of Functional Engineering. She’s been working closely with Cambodia’s biggest foreign-owned companies since 2008. Now she’s shifted in her role from executive director of International Business Chamber of Cambodia ...

http://www.phnompenhpost.com/index.php/2012050756007/Business/lueckenhausen-elected-at-ibc.html

Angkor Gold (V.ANK) says financing deal puts Cambodia 'in play'

Angkor Gold Corp. (TSX: V.ANK, Stock Forum) has entered into a strategic alliance with Hong Kong-based Tohui Beishan Property Group Holding Ltd. (TG) that could provide up to $10.5 million for exploration in Cambodia, Angkor said Monday. The strategic alliance between Angkor and TG includes TG’s ...

Stockhouse News Staff
http://www.stockhouse.com/news/newswire/2014/04/14/angkor-gold-v-ank-says-financing-deal-puts-cambodia-play

Siam Kubota launches Cambodia, Laos units

Siam Kubota Corporation Co Ltd is set to expand its business by opening subsidiaries in Cambodia and Laos as part of its preparation for the launch of the ASEAN Economic Community (AEC) in 2015. Siam Kubota has invested a total of Bt68 million in the two ...

Erich Parpart
http://www.nationmultimedia.com/business/Siam-Kubota-launches-Cambodia-Laos-units-30228172.html

City to Assess Damage to Riverside Buildings

Daun Penh district deputy governor Sok Penhvuth said yesterday that he had ent Phnom Penh Municipality a time line of events at a Vattanac Properties construction project that has severely damaged buildings along Phnom Penh’s Sisowath Quay. The report was sent ahead of the creation ...

Kingdom lacks engineers: minister

Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...

http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html

Cambodia's water woes get US Army tech assist

The US Army Corp of Engineers is providing Cambodia with new tools to understand its growing groundwater shortage. Last week, the Ministry of Environment, US Army Corp of Engineers and National Council for Sustainable Development hosted a three-day technical exchange on groundwater modelling. ...

Cristina Maza
http://www.phnompenhpost.com/national/cambodias-water-woes-get-us-army-tech-assist

Muhibbah JV bags RM276m projects for Cambodia’s airports

Muhibbah Engineering (M) Bhd and its joint venture partner has secured two contracts valued at US$87mil (RM276mil) to build and expand two airports in Cambodia. Muhibbah has a 30% stake in SCA [Societe Concessionnaire de L’Aeroport]. The duration for the Phnom Penh Airport and Siem ...

The Star Online News Staff
http://www.thestar.com.my/Business/Business-News/2013/11/06/Muhibbah-JV-bags-RM276m-projects-for-Cambodia-airports.aspx

Construction work progress continues amid illegal workers’ arrest

Since the start of the year, department authorities at the Ministry of Interior have arrested more than 10,000 illegal workers, with the bulk of them being construction workers. However, industry experts and investors are split on the opinions that the arrest will impinge on the ...

Siv Meng
http://www.phnompenhpost.com/post-property/construction-work-progress-continues-amid-illegal-workers-arrest

Oil dispute optimism

A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...

http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html

Korean firm violated its contract: Minister

Sun Chanthol, the Minister of Public Works and Transport, said last week that Hanshin Engineering and Construction Company, a Korean firm that won the contract to improve National Road 21, violated the contract with the government by hiring a subcontractor to do the job. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/27873/korean-firm-violated--its-contract--minister/

Gov’t studies new tree species

The Ministry of Environment signed a memorandum of understanding (MoU) yesterday with two Chinese companies to study planting “Paulownia-Guotong” – an extremely fast-growing tree used to make furniture and wooden equipment – and practice growing it in Cambodia. Speaking at a workshop on a feasibility ...

Ven Rathavong
http://www.khmertimeskh.com/news/30205/gov---t-studies-new-tree-species/

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