Central Bank Halts New Licenses - For Now
Despite receiving applications from banks looking to enter Cambodia’s market, the central bank has said it will offer no more commercial banking licenses as the market already has enough players. The decision appears to follow advice offered by the International Monetary Fund earlier this year that ...
Borei Keila deal taken by some
Fifty families who have lived in squalid conditions at Borei Keila in the capital’s Prampi Makara district since they were evicted and their homes destroyed have accepted City Hall’s offer of temporary shelter at the site, their representatives said yesterday. Evictee Sar Son said the 50 ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/borei-keila-deal-taken-some
Requirements for the public offering of equity securities in Cambodia
Generally, funds can be obtained from banks and other financial institutions, fund management companies, family members, friends or a securities market by issuing equity and/or debt securities. This article will outline the requirements, mechanisms, procedures and approval for the public offering of equity securities. ...
Made in Cambodia: Foreign Industry Calls on Cambodia as the Next “Low-Cost” Alternative in All Things Manufacturing
About a decade ago, global manufacturing firms staged a mass exodus to Asia in search of low-cost alternatives to increasing domestic wage demands and operational costs. The consensus was the continued development of a regional supply chain that had formed in countries like Vietnam and Indonesia, ...
Kids to get schooled on Traffic Law
High school and university students, considered particularly at risk of road accidents, may soon be taking lessons on the new traffic law if a proposal from the Transport Ministry comes to fruition. Tram Iv Tek, minister of public works and transport, yesterday said that the government ...
Sen David
http://www.phnompenhpost.com/kids-get-schooled-traffic-law
Ways for Cambodia to meet its health system financing and pandemic response challenges
Cambodia has made great strides in recent years, both in terms of economic growth and key health indicators like life expectancy and infant, child and maternal mortality rates. The country reached lower-middle income status in 2015 and was advancing steadily toward Universal Health Coverage (UHC) ...
Khmer Times Staff
https://www.khmertimeskh.com/50964611/ways-for-cambodia-to-meet-its-health-system-financing-and-pandemic-response-challenges/
Developer ordered to halt work on disputed land
The governor of Phnom Penh’s Chroy Changva district Wednesday ordered the private firm heading a $3-billion real estate project on the peninsula to temporarily stop pumping sand onto land being contested by about 40 local families, but urged the families to reconsider the compensation on ...
Sek Odom and Matt Blomberg
http://www.cambodiadaily.com/news/developer-ordered-to-halt-work-on-disputed-land-63087/
Cambodia welcomes Chinese premier's pledge of over 3 bln USD aid to GMS countries
A senior official of the Cambodian government on Saturday welcomed Chinese Premier Li Keqiang’s pledge of 3.09 billion U.S. dollars aid to the Greater Mekong Subregion (GMS) member countries, saying the offer is essential for socio-economic development and poverty reduction. The offer includes 1 billion ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-12/20/c_133868594.htm
Student detained over Facebook ‘bomb threat’
A university student in Siem Reap province was detained and sent to court yesterday after allegedly posting a death threat against Deputy Prime Minister Sar Kheng on the social networking site Facebook.Tao Savoeun, a 26-year-old graduate of the university of South-East Asia, located in Siem ...
Thik Kaliyann
http://www.phnompenhpost.com/national/student-detained-over-facebook-bomb-threat
Disabled education lacking
In an internal report released this week, the Ministry of Education gave itself high marks for the access to education it offers disabled children, offering a rundown of successes in the field dotted with green checkmarks, not unlike a school report card. However, though the ministry ...
Rebecca Moss
http://www.phnompenhpost.com/national/disabled-education-lacking
MobiTel, Smart Fight It Out Over Prices
With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...
http://www.cambodiadaily.com/news/mobitel-smart-fight-it-out-over-prices-21085/
Digitizing Cambodia’s health sector
Cambodia’s health sector is evolving thanks in part to improved human resources and the emergence of HealthTech. Kiripost speaks to medical experts who are using Technology in the form of electronic medical records to improve services nationwide. ...
Kiripost staff writers
https://kiripost.com/stories/digitizing-cambodias-health-sector
Generative AI: A threat to copyright?
ChatGPT, a generative artificial intelligence (AI) chatbot developed by OpenAI, provides many new opportunities, yet concerns have been raised over copyright issues as it seems unclear who owns the generated content: the users, tech companies or data owners? ...
Election ranks low: study
Cambodia’s national election in July ranked 69th out of 73 elections held worldwide between mid-2012 and the end of 2013 for electoral integrity, an election research group based at the University of Sydney and Harvard University has found. The Electoral Integrity Project (EIP) collected assessments from ...
Kevin Ponniah
http://www.phnompenhpost.com/national/election-ranks-low-study
Royal Media Launches Digital ONE TV Service
Royal Media Entertainment Co. Ltd., a joint venture between local conglomerate Royal Group and Russian General Satellite Co., announced yesterday that it has launched the country’s first digital pay-television service, ONE TV. Offering promotional subscription rates between $3 and $12 a month, services will begin in Phnom ...
Insurance, banks join forces
Cambodia Life Insurance Company Plc plans to bundle services with banks to offer guarantees on mortgages, company representatives said. The service is hoped to make mortgages more accessible in a country where housing loans are still considered risky business. Collateral is usually required to take loans ...
http://www.phnompenhpost.com/index.php/2012080357789/Business/insurance-banks-join-forces.html
Failing to sew up support
Cambodian stockbrokers yesterday admitted to a disappointing level of investor interest in Grand Twins International’s (GTI) initial public offering. Garment industry unrest, distrust in the private sector and a lack of liquidity in the market were all said to be discouraging investors from buying into the ...
Eddie Morton
http://www.phnompenhpost.com/business/failing-sew-support
IMF Report Cites Key Economic Reforms
Despite an economic forecast of 6.5 percent growth for Cambodia this year, the International Monetary Fund (IMF) warned in a report released Monday that the government must continue to develop infrastructure, increase public revenues and practice fiscal safeguarding in order to sustain growth in the ...
New policy to combat corruption in schools
The Education Ministry will reconfigure how it ranks high school graduates seeking placement at state universities as part of its campaign to promote accountability in the school system, Education Minister Hang Chuon Naron announced on Friday. Delivering closing remarks at the Education Ministry’s annual meeting, Mr. ...
Kuch Naren and Emily Wilkins
http://www.cambodiadaily.com/news/new-policy-to-combat-corruption-in-schools-54886/
Hun Sen returns from South Korea trip
Prime Minister Hun Sen returned from South Korea on Monday having struck a series of deals with Seoul, including an agreement to explore the creation of a South Korean-funded agricultural university in Cambodia, according to one of Mr. Hun Sen’s advisers. Speaking to reporters at Phnom ...
Hul Reaksmey
https://www.cambodiadaily.com/news/hun-sen-returns-from-south-korea-trip-74257/