Helmet use for children low despite traffic law
Research by the Asia Injury Prevention Foundation (AIPF) found helmet use by child motorbike passengers was still low in January despite the government’s much-touted Traffic Law, with observers blaming poor enforcement. ...
Bun Sengkong
http://www.phnompenhpost.com/national/helmet-use-children-low-despite-traffic-law
SECC approves bond issuance
Phnom Penh Commercial Bank (PPCBank) and Prasac Microfinance Institution Ltd (Prasac) have been granted initial permission to issue bonds on the Cambodia Securities Exchange (CSX). ...
May Kunmakara
https://www.phnompenhpost.com/business/secc-approves-bond-issuance
Financial institutions give their support to NBC’s liquidity plan
The National Bank of Cambodia (NBC) on Wednesday announced the release of two more policies to increase liquidity in the local economy. ...
May Kunmakara
https://www.phnompenhpost.com/business/financial-institutions-give-their-support-nbcs-liquidity-plan
By 2020, $9 billion needed for road funding: report
Cambodia needs $9 billion to be invested into 850 kilometres of roadways by 2020, according to a study by Henan Provincial Communications Planning Survey and Design Institute. From the Chinese province of Henan, officials from the state-owned engineering Institute went to great lengths yesterday to explain ...
Hor Kimsay
http://www.phnompenhpost.com/business/2020-9-billion-needed-road-funding-report
New MoU to study japonica rice variety
In a bid to expand the markets abroad for Cambodian rice, the Ministry of Agriculture has reached an agreement with two Chinese firms to cooperate in conducting research on the high-yielding rice variety known as oryza sativa japonica. The memorandum of understanding (MoU) was signed on ...
Chea Vannak
http://www.khmertimeskh.com/50103456/new-mou-to-study-japonica-rice-variety/
High costs at Kamchay dam prompts new study
China Energy Engineering Corp Ltd will be conducting a second feasibility study on producing safe drinking water from the Kamchay hydropower dam in Kampot province after the first study showed that production costs were higher than initially expected. ...
Chea Vannak
http://www.khmertimeskh.com/5099603/high-costs-kamchay-dam-prompts-new-study/
Med students furious over coming fee hike
Medical students are up in arms about a tuition hike that would double costs and prevent some from gaining their degree, they told the Post yesterday. The University of Health Sciences announced Friday that students wishing to pursue a specialty beyond the general medical degree would ...
Chhay Channyda
http://phnompenhpost.com/national/med-students-furious-over-coming-fee-hike
Cambodia To Become Lower-Middle-Income Nation By End of 2013: PM
Cambodian Prime Minister Hun Sen said Monday that the country would move from the status of a low-income to a lower-middle-income nation by the end of this year. “We acknowledge that we are in the status of a low-income country with GDP per capita of less ...
Tougher ELC oversight pledged
In what is the government’s latest pledge to hold tycoons and foreign investors to account for their business practices, the Ministry of Environment will begin assessing existing and proposed economic land concessions (ELCs), cancelling or rejecting those that have negative social or environment impacts, a ...
May Titthara
http://www.phnompenhpost.com/national/tougher-elc-oversight-pledged
Water Supply Shares Fall Below Launch Price
The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...
Garment sector training institute breaks ground
Employing some 700,000 Cambodians, the garment sector is the country’s largest private employer. But move above the factory floor and you will find mostly foreigners, from countries such as China, Singapore, Bangladesh, Sri Lanka and the Philippines. ...
Peter Ford and Kang Sothear
https://www.cambodiadaily.com/news/garment-sector-training-institute-breaks-ground-93371/
Prakas Set to Control Tax Agents
The Ministry of Economy and Finance (MEF) last month signed a prakas, a ministerial decision, to ensure tax agents’ professionalism, an insider told the Post yesterday. After the full implementation of Prakas 455, signed on April 12, agents have to pay one million riel to ...
http://www.phnompenhpost.com/2013050265367/Business/prakas-set-to-control-tax-agents.html
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
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/
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/
Outbreaks of lethal virus cyclical: study
A recently published study of a 2012 enterovirus outbreak that killed at least 54 Cambodian children has found that flare-ups of the virus tend to occur in a cyclical pattern, and that another one could be in store soon.Widespread in the Asia-Pacific region, the virus ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/outbreaks-lethal-virus-cyclical-study
Student housing falls short in quality, livability and safety
Living in a compact space is just a part of university life, especially for students who come from the provinces to study in Phnom Penh. While the city keeps building an abundance of international-standard complexes, almost none of these are realistic choices for students, many ...
Natalie Leung and Catherine Harry
http://www.phnompenhpost.com/real-estate/student-housing-falls-short-quality-livability-and-safety
Hunger Reduced, Malnourishment Next Issue
Cambodia has reached its millennium development goal of reducing by half the number of people who suffer from hunger, but more needs to be done to make sure that the population now receives the right nutrients, officials said on World Food Day Wednesday. Making the announcement ...
Denise Hruby and Hul Reaksmey
http://www.cambodiadaily.com/news/hunger-reduced-malnourishment-next-issue-45363/
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