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Talks on for Cambodian tablet

Mobile payment company Wing was in talks on partnering with a US technology firm that plans to assemble Android tablets in Cambodia, in what could be another step away from the country’s staple manufactured good – garments. Although a final partnership agreement had yet to made ...

http://www.phnompenhpost.com/index.php/2012050355945/Business/talks-on-for-cambodian-tablet.html

LED lights’ lure of lower electricity bills

The locally based Global Media Group is bringing the latest LED lighting technology to the Cambodian market in an effort to reduce people’s electricity bills. GMG assistant chief executive Bun Sim said the company would use all its know-how, as well as experts from South Korea, ...

http://www.phnompenhpost.com/2013012460969/Business/led-lights-lure-of-lower-electricity-bills.html

PM calls for more improvement of higher education quality

Prime Minister Hun Sen urged relevant institutions, especially the Ministry of Education, Youth and Sports (MoEYS) to further enhance the quality of higher education, particularly the doctorate degree. ...

Khmer Times Staff
https://www.khmertimeskh.com/501299546/pm-calls-for-more-improvement-of-higher-education-quality/

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

Hun Sen promotes price lists for public institutions

Prime Minister Hun Sen has urged public institutions to provide clear terms of reference for the services they provide, as part of an effort to attract investment in the Kingdom. Institutions that did not implement this policy would be punished under the law, he said. ...

http://www.phnompenhpost.com/2013013061065/Business/hun-sen-promotes-price-lists-for-public-institutions.html

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 ...

http://www.globaltimes.cn/content/765648.shtml

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

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/

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/

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/

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/

$65 mln loan to expand microfinance

Three Thai banks have joined IFC’s $65 million syndication loan to a Cambodian microfinance institution to boost the access to funding of micro, small, and medium rural and agricultural enterprises, most of which are owned by women.  ...

Va Sonyka
http://www.khmertimeskh.com/news/12730/business-briefs/

Ministry, KOICA partner on tech skills

In a bold stride towards boosting the information and communication technology (ICT) skills of the Kingdom’s young population, the Ministry of Labour and Vocational Training and the Korea International Cooperation Agency (KOICA) have put pen to paper on a new agreement. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/ministry-koica-partner-tech-skills

In Cambodia, culture shapes identity, spurs economic growth

Last year, the United Nations called for culture to be given top priority in the post-2015 global development agenda, citing its importance to economic growth, social inclusion, equality, and sustainable development. It is difficult to quantify the impact culture has on a nation, particularly for a developing ...

Julia Chen
http://asiafoundation.org/in-asia/2014/02/12/in-cambodia-culture-shapes-identity-spurs-economic-growth/

HIV infections nearly doubled over past decade

The number of new HIV infections in Cambodia nearly doubled over the past decade—the greatest increase in Asia—while less than a third of Cambodians living with the virus are receiving medication to slow its development, according to a report released this week. ...

George wright
https://www.cambodiadaily.com/news/hiv-infections-nearly-doubled-over-past-decade-115705/

Cambodia urges more collaborations between nations

To counter the growing risk of geopolitics, it is important to have more mutual investments and collaborations between countries and regions to truly achieve global economic prosperity, experts say. ...

Khmer Times Staff
https://www.khmertimeskh.com/501389490/cambodia-urges-more-collaborations-between-nations/

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