Water Supply Stock Falls Back to Initial Value
The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...
Kingdom factory goes for the gold
Cambodian garment makers are filling orders for the 2012 London Olympics in what insiders say is the first time the country has supplied the Games. ShenZhou International Group Holdings Ltd, one of China’s largest apparel exporters, makes shirts and other sportswear for Adidas that will supply ...
http://www.phnompenhpost.com/index.php/2011101952197/Business/kingdom-factory-goes-for-the-gold.html
$20 million rice mill for Oddong
When London-based real estate investor Sanjay Dhir heard about Cambodia from his Indian partner Manoj Varma, he took a trip here in October 2010 and stopped by the roadside to meet the operators of a portable rice mill. He knew then that Cambodia was ready for ...
http://www.phnompenhpost.com/index.php/2012071757449/Business/20-million-rice-mill-for-oddong.html
Major Gap Emerging Between Labor Market and Job Seekers
PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...
Tour guides voice concern over app that will offer audio tours
Tour guides at the Kingdom’s historical sites are voicing concern over an audio tour app they said is threatening their careers. Developed by local company Angkor Audio, the app provides spoken tours in 14 languages. ...
Hin Pisei
https://www.phnompenhpost.com/business/tour-guides-voice-concern-over-app-will-offer-audio-tours
US offers tips for cybercrime team
Cambodian police, prosecutors and policymakers were hosted in Washington recently by the US government, as part of America’s efforts to support the drafting of the Kingdom’s controversial cybercrime law. ...
Bun Sengkong
http://www.phnompenhpost.com/national/us-offers-tips-cybercrime-team
Sub-Decree aims to better regulate pharmacies
Prime Minister Hun Sen has signed a sub-decree to better regulate pharmacies, a business fraught with fake drugs and fake diplomas. The new sub-decree of the Pharmacists’ Code of Ethics contains 71 articles. They ban distribution of fake drugs and the use of titles not ...
Kuch Naren
http://www.cambodiadaily.com/news/sub-decree-aims-to-better-regulate-pharmacies-55138/
Program eyes NGO aspirants
The Royal University of Phnom Penh plans to make its social work degree available to everyone next year, as young, locally trained graduates look to take the reins from foreign aid workers. RUPP Department of Social Work Faculty member Ung Kimkanika said the move would ...
Shaun Turton
http://www.phnompenhpost.com/national/program-eyes-ngo-aspirants
Repo auction offers quick liquidity fix
The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...
Hor Kimsay
http://www.phnompenhpost.com/business/repo-auction-offers-quick-liquidity-fix
Cambodia Finally Starts Stock Trading
Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...
http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/
Citizenship bribes offered: police
Four Vietnamese women claiming to be working for a Vietnamese company attempted to obtain residency papers reserved for Cambodian citizens by bribing authorities in Ratanakkiri’s Sre Angkrang commune last week, police and an NGO said yesterday. The news comes as the government continues a “foreigner census” ...
Phak Seangly
http://phnompenhpost.com/national/citizenship-bribes-offered-police
Cambodian School Educates New Generation of Social Workers
Cambodia has some 3,000 registered non-profit groups. Some work on highly sensitive issues such as violence against women and human trafficking. But there are few Cambodians formally trained for such work. That is now changing with the country’s first university-level degree program for social workers. When ...
Failed students weigh future
As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...
Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future
UN envoy offers help with surrogacy laws
Visiting U.N. envoy Rhona Smith on Tuesday offered to help Cambodia draft its first laws on surrogacy, a ministry spokesman said. The special rapporteur on human rights in Cambodia, who arrived on Monday for a 10-day visit, met with Justice Minister Ang Vong Vathana to discuss ...
Khy Sovuthy
https://www.cambodiadaily.com/news/un-envoy-offers-help-surrogacy-laws-119167/
More than 2,000 diplomas to be handed out by PM
Prime Minister Hun Sen is scheduled to preside over the handing out of diplomas to more than 2,000 students graduating from the Royal School of Administration. ...
Khmer Times Staff
https://www.khmertimeskh.com/501093197/more-than-2000-diplomas-to-be-handed-out-by-pm/
Trade logistics centre west of Phnom Penh is in planning
An assessement of plans to build a groundbreaking trade logistics centre west of Phnom Penh will begin soon, the Ministry of Public Works and Transportation said. An early stage feasibility analysis of the Phnom Penh Logistics Complex is set to begin early next year, supported ...
Hor Kimsay
https://www.phnompenhpost.com/business/trade-logistics-centre-west-phnom-penh-planning
Varying Degrees of Progress Shown in Development Report
The government has made “remarkable development progress” in successfully guiding the country through the global financial crash of 2008, ensuring economic stability and enabling the government to meet the Cambodian Millennium Development Goal on poverty reduction, Prime Minister Hun Sen said yesterday. Speaking at the launch ...
Protesters not happy with ministry’s offer
Some 200 villagers from Koh Kong province in a longstanding dispute with the Koh Kong Sugar Industry Co Ltd were prevented by the capital’s Daun Penh district authorities from protesting at the home of Prime Minister Hun Sen on Wednesday. On Monday, the Ministry of ...
Kong Meta
https://www.phnompenhpost.com/national/protesters-not-happy-ministrys-offer
Japan Helps Cambodia Despite Difficulties
Japan on August 15th loaned Cambodia a package of US$ 53.3 million for the West Tonle Sap Irrigation and Drainage Improvement and a grant aid of US$ 0.7 million to improve education equipment of the Department of Geo-Resources and Geotechnical Engineering of the Institute of ...
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