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Education minister promotes digital transformation

Minister of Education, Youth and Sport Hang Chuon Naron addressed an international conference on digital transformation in Cambodia. The conference aimed to raise awareness and seek input and contributions into the digital transformation of Cambodia, widely seen as necessary to ensure the Kingdom will remain competitive, ...

Ry Sochan
https://www.phnompenhpost.com/national/education-minister-promotes-digital-transformation

Cambodia needs more investments and global integration – Moody's

Cambodia needs increased investments, and for that, deeper regional as well as global integration is crucial, Moody’s Investors Service has said. The B2 sovereign bond rating is constrained by the small size of the economy, low per capita income and high level of dollarization while robust ...

Boby Michael
http://www.ibtimes.co.uk/cambodia-needs-more-investments-global-integration-moodys-1467675

Cambodia has capacity to meet financial commitments

What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjYzNjA5ZjFjY2YyOWExZDBmMzQ0OWQwMGVhYzJi

Overflight fees set to increase

Cambodia may raise fees for planes moving through the Kingdom’s airspace after granting Cambodia Air Traffic Services Company permission to increase the fees by 5.5 percent. Cambodia’s overflight fees are low, and will remain low, compared to other countries in the region, Soy Sokhan, undersecretary ...

http://www.phnompenhpost.com/index.php/2011082951326/Business/overflight-fees-set-to-increase.html

Inflation rises 1.3 percent

Cambodia’s consumer price index rose by 1.3 percent in July compared to a year earlier on the back of higher food and fuel prices, according to data from the National Institute of Statistics. The increase was also due to non-alcohol beverages, clothing and footwear, housing, water, ...

http://etmcambodia.com

When Is Credit Growth Too Fast and How To Deal With It?

Cambodia’s financial system appears to be shifting to excessive credit growth. The credit-to-GDP ratio has reached 37 percent, well above the low-income economies (LTCs). If credit growth were to continue at the current pace, by mid-2013 the ratio would exceed even the median for more ...

http://www.cambizreview.com

Developing national entrepreneurship

The first National Entrepreneurship Award 2020 ended last month with a fruitful achievement. Meanwhile, the government is looking to scale up and make the second National Entrepreneurship Award more attractive for next year, according to a senior executive of Khmer Enterprise (KE), an implementation unit ...

Sok Chan
https://www.khmertimeskh.com/50764035/developing-national-entrepreneurship/

CPP grassroots diminished in election, observers say

The Cambodian People’s Party is declaring victory in a round of sub-national elections that were held Sunday, but observers say the latest polls diminished some of the ruling party’s power at the grassroots. The CPP on Monday claimed 2,543 seats in leadership positions at the city, ...

Sok Khemara and Suy Heimkhemra
http://www.voacambodia.com/content/cpp-grassroots-diminished-in-election-observers-say/1917623.html

Tobacco tax increase likely

Increasing the tobacco retail tax — one of the world’s lowest at 10 per cent of unit price for domestically produced cigarettes — would deter smokers and increase government revenue while having minimal effect on tobacco producers, Ayda Yurekli, co-ordinator for the World Health Organization’s ...

http://www.phnompenhpost.com/index.php/2012091858767/National-news/tobacco-tax-increase-likely.html

Education minister attends Global School Meals Coalition Summit

Minister of Education, Youth and Sport Hang Chuon Naron is attending a two-day Global School Meals Coalition Summit hosted by French President Emmanuel Macron today and tomorrow in Paris. ...

Torn Vibol
https://www.khmertimeskh.com/501377977/education-minister-attends-global-school-meals-coalition-summit/

Cambodia Lacks Research Enough To Tackle Its Problems, Analysts Say

Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...

http://www.voacambodia.com/content/cambodia-lacks-research-enough-to-tackle-its-problems-analysts-say/1638656.html

Phnom Penh Asean Meeting Braced for More S China Sea Talks

A dispute over territory in the South China Sea is once again set to hang over talks when China and the U.S. join in on a week of high-level Asean meetings that start in Phnom Penh on Friday. So far, the Ministry of Foreign Affairs has ...

Educational reforms unveiled

Minister of Education, Youth and Sport Hang Chuon Naron said reforms to the education curriculum is aimed at raising its standards and quality to compete with countries in the region that exhibited better academic performance. In a lecture to trainee teachers at the National Institute ...

Ry Sochan
https://www.phnompenhpost.com/national/educational-reforms-unveiled

PM: the water festival is on again

The annual boat races in Phnom Penh, marking the Water Festival celebrations, will take place between November 13 and 15 even if water levels in the Tonle Sap are low, Prime Minister Hun Sen announced yesterday. Speaking at a university graduation ceremony in Phnom Penh, the ...

Mom Kunthear
http://www.khmertimeskh.com/news/29936/pm--the-water-festival-is-on-again/

Limited yarn supply troubles Cambodian silk industry

The silk industry of Cambodia is in rapid decline due to limited domestic supply of silk yarn and high cost of imported raw materials. According to the latest data released by the Food and Agriculture Organization (FAO)-Cambodia, the Southeast Asian nation imports 395 tonnes of raw ...

http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=122102

Analysts See Conundrum for Opposition in Political Dealing

Cambodian political analysts say the opposition is now facing a dilemma, as public pressure continues for a just solution for alleged election fraud. That has limited the opposition’s ability to deal for a political solution, analysts said this week. However, with the return of King ...

Sok Khemara
http://www.voacambodia.com/content/analysts-see-conundrum-for-opposition-in-political-dealing-cambodia-khmer/1748791.html

Recall Election Technically Possible, Analysts Say

Analysts say a recall election is possible within Cambodian law, despite statements to the contrary by Prime Minister Hun Sen. Hun Sen, who left Thursday for an official state visit to Vietnam, said in a speech last week he would not step down—something opposition supporters ...

Sok Khemara
http://www.voacambodia.com/content/recall-election-technically-possible-analysts/1818074.html

Wat Lanka Monks in Dispute With State Electricity Provider

About 200 monks from Phnom Penh’s Wat Lanka on Thursday called off a protest against the planned construction of an electricity distribution substation on the pagoda’s land by state electricity provider Electricite du Cambodge (EdC), pending negotiations with the company. Having assembled to make banners for ...

Eang Mengleng
http://www.cambodiadaily.com/news/wat-lanka-monks-in-dispute-with-state-electricity-provider-49974/

Report sees increasing foreign investment in industrial sector

The latest CBRE Cambodia Market View on the industrial market is upbeat about investment in the Kingdom, despite frequently touted political risks. “Cambodia remains an attractive destination for industrial work and operations, with low inflation rates of 2.9 per cent and comparatively low minimum wages,” says ...

Post Staff
http://www.phnompenhpost.com/real-estate/report-sees-increasing-foreign-investment-industrial-sector

Five More Years For Hun Sen; Some Ministers Reshuffled

A day after its opening session and still devoid of the 55 lawmakers-elect of the opposition CNRP, the country’s new, one-party National Assembly voted Prime Minister Hun Sen in for yet another five-year term Tuesday and approved an extensive re­shuffle of his Cabinet. In a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/elections/five-more-years-for-hun-sen-some-ministers-reshuffled-43133/

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