Think Tank Says Cambodia Isn't Managing Its Resources
With the potential for vast state revenues from oil extraction and mining in coming years, Cambodia is currently failing to manage its nascent extractive industries according to a think tank. New York-based Revenue Watch Institute yesterday launched its 2013 Resource Governance Index, which included Cambodia for ...
http://www.cambodiadaily.com/business/think-tank-says-cambodia-isnt-managing-its-resources-24530/
Higher education institutions instructed to enhance quality of doctoral training
The Ministry of Education, Youth, and Sport has observed a steady increase in the number of students pursuing PhD degrees and is taking steps to enhance the quality control of doctoral training. ...
Hun Sen receives an honorary degree, bringing total up to 12
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. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/hun-sen-receives-an-honorary-degree-bringing-total-up-to-12-93802/
Certification Quandry Stunts Sugar Exports
In April 2010, Kampot Pepper and Kompong Speu palm sugar both gained a geographical indication (GI) from the Ministry of Commerce that recognized their unique qualities and protected their name. But while Kampot pepper producers export almost all of their 17-ton annual production at high ...
Booming growth pushes Cambodia to lower-middle income status
Despite some appearances to the contrary, things in Cambodia are looking pretty rosy at least according to the World Bank. In its latest revision of world economies the Bank raised Cambodia’s status from a low-income economy to a lower-middle income country. ...
Vat Vin
http://aecnewstoday.com/2016/booming-growth-pushes-cambodia-to-lower-middle-income-status/
Massive $23.2B project gets ‘green light’
Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. ...
Jack Davies, Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/massive-232b-project-gets-green-light
Japan to Study Angkor Wat Park Environment
The Apsara Authority on Wednesday signed an agreement with the Japan Development Institute and two Japanese environmental management companies that will allow them to conduct a feasibility study into the natural environment and pollution in the Angkor Archaeological Park. Yuki Edano, Japan’s minister of economy, trade and industry, and Commerce ...
Xayaboury dam simulation model unveiled
Scientists and international experts fine-tuning the design of the Xayaboury dam have unveiled a scale model of the planned run-of-river structure to ensure the most efficient level of sediment flushing. The 1:120 scale model simulates actual hydrologic flows and water velocities in the Mekong River at ...
Cambodia to feel an energy crunch, but growth to remain stable: report
Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/cambodia-feel-energy-crunch-growth-remain-stable-report
Growing Unease Over Direction of the Country, Survey Finds
There was a shift of almost seismic proportions between January and November 2013 as the number of people who believe the country is being steered in the right direction fell sharply, while the number of discontented citizens rose, according to a new report. Launching its annual ...
Lauren Crothers
http://www.cambodiadaily.com/news/growing-unease-over-direction-of-the-country-survey-finds-51034/
First sentence given for facebook comments
The Phnom Penh Municipal Court on Thursday fined a 29-year-old hairstylist and make-up artist 2 million riel, or about $500, and ordered her to pay 5 million riel, or about $1,250, in compensation to a rival beauty parlor owner she defamed on Facebook. The sentence is ...
Eang Mengleng And Denise Hruby
http://www.cambodiadaily.com/news/first-sentence-given-for-facebook-comments-51649/
Be glad you’re not paid in rice, Prime Minister tells teachers
Prime Minister Hun Sen advised the country’s newest crop of teachers not to feel down about their poor salaries, recalling that were they embarking on their careers in the aftermath of the Khmer Rouge regime their pay would be a few bags of rice each ...
Khy Sovuthy
http://www.cambodiadaily.com/news/be-glad-youre-not-paid-in-rice-prime-minister-tells-teachers-53965/
Guidelines finalized for child workers in fisheries sector
The government on Friday finalized guidelines aimed at reducing the number of children who work in the fisheries sector and do not attend school, the Ministry of Agriculture and Fisheries and the NGO World Vision said in a statement. World Vision said the guidelines, which it ...
Denise Hruby
http://www.cambodiadaily.com/news/guidelines-finalized-for-child-workers-in-fisheries-sector-54260/
Cambodia vulnerable to money laundering
Cambodia is the third most at-risk country to money laundering and terrorist financing in the world, according to a global index released last month, trailing only Iran and Afghanistan. The Anti-Money Laundering Index, first published by the Swiss-based Basel Institute on Governance in 2012, assigns the ...
Zsombor Peter
http://www.cambodiadaily.com/news/cambodia-vulnerable-to-money-laundering-67363/
Laos taps on single visa door
Lao PDR says it will consider joining Thailand and Cambodia’s single visa scheme launched late last year saying it will help to boost Mekong region tourism. A senior official at the consular department in Vientiane told the Vientiane Times, last week, that the government would hold ...
http://www.ttrweekly.com/site/2013/03/laos-keen-to-join-single-visa/
Thai banks offer joint loan to provider of microfinance in Cambodia
Three Thai banks – Siam Commercial Bank (SCB), TMB Bank (TMB) and Kiatnakin Bank (KKB) – together with Netherlands-based ING Bank have offered a syndicated loan of US$65 million (Bt2.2 billion) to PRASAC Microfinance Institution, the biggest microfinance provider in Cambodia. ...
Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Thai-banks-offer-joint-loan-to-provider-of-microfi-30263464.html
Economist Say GDP to Reach 8.7%
Cambodia’s economic growth is expected to reach 8.7 percent this year as a result of the growth within the garment sector and the increased prices for agricultural products. The Economic Institute of Cambodia (EIC) has said that the garment industry, including the manufacturing of shoes, ...
CAMFEBA launches an ASEAN guidebook
The Cambodian Federation of Employers and Business Associations (CAMFEBA) yesterday launched an ASEAN Economic Community (AEC) guidebook aimed at providing employers with practical recommendations to help businesses better understand the dynamic regional changes of integration. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/camfeba-launches-asean-guidebook
Multiple Skills Needed To Compete in a Future Asean, Economist Says
Young Cambodians must develop diverse workplace skills if they are to compete in an integrated Asean, a leading economist and adviser to the government says. “We have to make sure we are able to do multiple things if others are able to do just one,” the ...
http://www.voacambodia.com/content/multiple-skills-needed-for-asean-competition/1603984.html