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Cambodian insurance industry has 'Substantial potential for growth'

Nascent insurance markets in Cambodia, Cuba and Myanmar offer “significant opportunities” to foreign insurers, according to a US market research company. In a statement released Wednesday, Dallas-based Market Reports Store praised Cambodia’s “bold economic reforms and economic liberalisation” since 2000. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjgyYjQ3MWI0YWN

Boeng Kak families accept swap to end land disputes

At least 16 more families that have been locked in a bitter and lengthy dispute with the municipal government over land in Phnom Penh’s Boeng Kak neighborhood accepted municipal governor Pa Socheatvong’s offer of a land swap Thursday morning. ...

Mech Dara
https://www.cambodiadaily.com/news/boeng-kak-families-accept-swap-to-end-land-disputes-81780/

SME board possible this year

Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...

May Kunmakara
http://www.phnompenhpost.com/business/sme-board-possible-year

Families of Svay Rieng crash victims reject compensation

The Svay Rieng Provincial Court director said Tuesday that the bus company involved in a deadly crash that killed 19 people and injured 21 in Svay Rieng province in May has had its latest compensation offer rejected by the victims’ families. ...

Aun Pheap
https://www.cambodiadaily.com/news/families-of-svay-rieng-crash-victims-reject-compensation-91456/

PM: 115 students in Turkey

Prime Minister Hun Sen on Saturday wrote on his Facebook page that he was concerned about the 115 Cambodian students studying at different universities in Turkey where an attempted coup to overthrow the government happened on Friday. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/27331/pm--115-students-in-turkey/

Cambodia’s stateless Vietnamese

Up to 750,000 Vietnamese people are believed to be living in Cambodia, about 5 percent of the country’s population, but no one knows for sure. They are almost universally stateless. Few qualify for Cambodian citizenship. ...

Michele Penna
http://www.asiasentinel.com/society/cambodia-stateless-vietnamese/

Water distribution over: PM

The government’s two-month nationwide campaign to distribute water to those affected by drought officially ended yesterday, Prime Minister Hun Sen announced while speaking at a graduation ceremony at the Asia-Europe University in Phnom Penh. ...

Mom Kunthear
http://www.khmertimeskh.com/news/25414/water-distribution-over--pm/

Cambodian team 2nd in regional stock challenge

Two Cambodian university students won $8,000 on Monday by placing second in a regional stock trading competition, after making it to the final round of the contest ahead of nearly 2,000 other teams from across Southeast Asia. ...

George Styllis
https://www.cambodiadaily.com/business/cambodian-team-2nd-in-regional-stock-challenge-76450/

Mekong region gets satellite-data boost

The Asian Disaster Preparedness Center, USAID and a range of participating organizations have launched a five-year initiative they hope will transform the way in which the government, organizations, universities and citizens use data for research and decision-making. ...

James Reddick
http://www.khmertimeskh.com/news/15260/mekong-region-gets-satellite-data-boost/

Survey counts homeless youth

Cambodia’s seven largest urban centres are home to nearly 2,700 homeless adolescents who face numerous health and education-related obstacles, according to a new study by the Cambodian National Institute of Statistics, Columbia University and Friends International. ...

Cristina Maza
http://www.phnompenhpost.com/national/survey-counts-homeless-youth

Kingdom, Japan to ink $33.9m grant today

Cambodia will sign a $33.9 million grant aid today from the Japanese government to support various small hydropower dam projects, improve a hospital and update resources of a university, according to a press release from the Ministry of Foreign Affairs. ...

http://www.phnompenhpost.com/2013032164548/Business/kingdom-japan-to-ink-33-9m-grant-today.html

Areng mapped in hope ecotourism can save valley from dam

A group of university students from Phnom Penh opposed to a proposed hydropower dam in Koh Kong province entered the project’s construction site on Sunday for a 10-day study aiming to highlight the area’s alternative potential for ecotourism. ...

Hul Reaksmey and Zsombor Peter
https://www.cambodiadaily.com/news/areng-mapped-in-hope-ecotourism-can-save-valley-from-dam-78006/

Judicial officials to access Chinese schools

A deal signed Thursday with the China Law Society will give Justice Ministry officials access to scholarships at Chinese universities and see Beijing fund the construction of a legal research center in Cambodia, ministry spokesman Chin Malin said. ...

Kuch Naren
https://www.cambodiadaily.com/news/judicial-officials-to-access-chinese-schools-89317/

Hotel boom leaves hospitality sector with an empty feeling

As the number of boutique hotels rises rapidly in Phnom Penh, hoteliers say they have seen their occupancy rates drop this year due to the increased offerings – as well as the economic downturn in Europe and terrorism scares in the region.  ...

Ayanna Runcie
http://www.phnompenhpost.com/business/hotel-boom-leaves-hospitality-sector-empty-feeling

Health sector on notice

Legal action will be taken against health institutes that offer a low quality of care, according to a directive issued by the Minister of Health last week, which also emphasized the importance of digital record keeping in the medical sector. ...

Mom Kunthear
http://www.khmertimeskh.com/news/26032/health-sector-on-notice/

More families take deals to vacate dam site

Another 73 families in Stung Treng province have accepted the government’s offer of new land in exchange for the farms they will lose to the Lower Sesan II hydropower dam currently under construction, the second group to take the deal.​ ...

Kang Sothear
https://www.cambodiadaily.com/news/more-families-take-deals-to-vacate-dam-site-109569/

Life insurer targets low-income workers

An obscure NGO is providing life insurance coverage to low-income individuals, mostly garment workers, offering a financial safety net for the families of its policyholders, but triggering the concern of insurance regulators who take issue to its unlicensed operations. ...

Hor Kimsay
http://www.phnompenhpost.com/business/life-insurer-targets-low-income-workers

For some women, sex work is a choice, not a matter of trafficking

Cambodian sex workers are often thought of as victims of trafficking. And that may be true for some. For others, however, work in the country’s entertainment sectors offers financial security, and sex work becomes a choice. ...

Ten Soksreinith
http://www.voacambodia.com/content/for-some-women-sex-work-is-a-choice-not-a-matter-of-trafficking/3065664.html

Ministry official kills village chief

A seemingly minor dispute between an Interior Ministry official and a village chief in Phnom Penh turned deadly when the official gunned down the village chief and his relative on Wednesday afternoon, according to police, who offered wildly different reports of the shooting. ...

Khy Sovuthy and Anthony Jensen
https://www.cambodiadaily.com/news/interior-ministry-official-kills-village-chief-103241/

Kandal village emblem of Kingdom's domestic abuse problem

As the government issued a familiar package of platitudes and promises on International Women’s Day, a walk through a single rural village in Kandal offered a shocking glimpse into how widespread – and widely accepted – domestic abuse remains in the Kingdom. ...

Mech Dara and Erin Handley
http://www.phnompenhpost.com/national/kandal-village-emblem-kingdoms-domestic-abuse-problem

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