Staff poaching spurs bank action
Cambodia’s banking sector is looking to establish a collective fund to help recoup staff training expenses lost from competitors poaching employees off one another, Grant Knuckey, CEO of ANZ Royal said yesterday. Speaking at the launch of ANZ Royal’s business confidence index in Phnom Penh yesterday, ...
Eddie Morton and Daniel de Carteret
http://www.phnompenhpost.com/business/staff-poaching-spurs-bank-action
Court lays provisional charges against general
The deputy prosecutor at the Phnom Penh Municipal Court has laid provisional charges against a military general arrested in Takeo province on Thursday, according to a senior military police official, in a high-profile case linked to corruption claims that led to the sacking this week ...
Khy Sovuthy
https://www.cambodiadaily.com/news/court-lays-provisional-charges-against-general-78464/
Cambodia bond a possibility
The launch of an unrated Laotian government bond on Thailand’s bond market could pave the way for Cambodia to issue its own government bond denominated in Thai baht. The Bangkok Post reported yesterday that Thailand’s Finance Ministry and Public Debt Management Office had allowed Cambodia, Vietnam ...
Hor Kimsay
http://phnompenhpost.com/business/cambodia-bond-possibility
Private universities fear new vocational schools
Private universities in the Kingdom will have more competition as the Education Ministry laid out plans yesterday to open more vocational schools to deal with the unprecedented number of graduating high school students. ...
Va Sonyka
http://www.khmertimeskh.com/news/14998/private-universities-fear-new-vocational-schools/
Mr. PUTH Chan Choth
Mr. PUTH Chan Choth is an ICT manager of an international humanitarian organization in Cambodia. He is also a technical working group of CCC (Cooperation Committee for Cambodia) that help to contribute an effective use of ICT for civil society organizations as well as contributing ...
GMAC head sets clothing export goal
Cambodia is set for a 30 per cent increase in garment exports this year, according to Garment Manufacturers Association in Cambodia (GMAC) president Van Sou Ieng. The sector was heavily dependent on foreign buyers, which were increasing their orders as the global economy recovered, he ...
As Cambodia Courts US Business, Old Problems Remain
As a delegation of US business owners prepares to travel to Cambodia with US Secretary of State Hillary Clinton, analysts say they will be tough to court, given Cambodia’s lack of law enforcement. “Investors don’t bring guns, they don’t bring bodyguards—they bring money to invest,” said ...
Rated X for content: TEDxPP
The grand finale at Phnom Penh’s much-ballyhooed TEDx event on Saturday was intended to send a message. Several activists, among them Loun Savath and the son of the late Chut Wutty, would stand before an audience of 600 and read accounts of violent land disputes. Images from ...
http://www.phnompenhpost.com/index.php/2012061156729/National-news/rated-x-for-content.html
Study calls for halt to dams
A new study and accompanying short film released yesterday call for all lower Mekong dam developers to halt plans until further impact studies can be made. Hydropower dams will have a greater impact on river flows than even climate change, according to research by the University ...
Laignee Barron
http://www.phnompenhpost.com/national/study-calls-halt-dams
Rainsy eyes seat at UN rights review meeting
Opposition leader Sam Rainsy left for Europe yesterday evening to attend a UN Human Rights Council review on Cambodia in Geneva and to lobby European Union officials to take a stronger stance against the government, he said before departure. Rainsy plans on attending the Universal Periodic ...
Meas Sokchea and Kevin Ponniah
http://www.phnompenhpost.com/national/rainsy-eyes-seat-un-rights-review-meeting
Cambodia: Rainsy returns as court keeps protesters in jail
Anguished cries from supporters and family members echoed outside the Appeals Court in Phnom Penh yesterday as they received the news bail had been denied. They had been hoping for the release of 21 people detained since a brutal government crackdown in early January. On ...
Daniel Quinlan
http://asiancorrespondent.com/119494/cambodia-rainsy-returns-as-court-keeps-protesters-in-jail/
Hun Sen Hands More Four-Star Promotions to 6 Police Chiefs
In case the 29 officers Prime Minister Hun Sen promoted on January 30 to four-star general were not enough, six Interior Ministry police chiefs were also promoted to the same top rank late last month. A January 22 royal decree, obtained Wednesday, elevated the six lieutenant ...
Saing Soenthrith
http://www.cambodiadaily.com/news/hun-sen-hands-more-four-star-promotions-to-6-police-chiefs-51541/
French company begins tram feasibility study
French engineering firm Systra is underway with a feasibility study to build a tramway from Phnom Penh International Airport to the Royal Railway Station, Governor Kep Chuktema said on Friday. The agreement to study a tramway was first made between Systra and City Hall in July ...
Bad Loans Grew in Some Banks in 2010
Nonperforming loans have increased in some banks though the number for the banking system over all has decreased 3 percent according to the National Bank of Cambodia. ANZ Royal Bank has seen a rise to 5.7 percent while Canadia Bank rose to 6.5 percent. Other ...
Open an account at a securities firm and get ready to trade
CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...
Study to determine cost to finish railway
With funds almost exhausted on the $140 million rehabilitation of Cambodia’s railway network, the government and the Asian Development Bank (ADB) have decided to conduct a study to determine how much more money is needed to complete the project, a government consultant said yesterday. Paul Power, ...
European FDI declines, China’s up
European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...
http://www.phnompenhpost.com/2013012360933/Business/european-fdi-declines-china-s-up.html
Hun Sen Denounces Televised Comments on Passport Fees
Prime Minister Hun Sen yesterday criticized the Cambodian News Channel (CNC) for broadcasting an interview with an NGO worker who had claimed on air that the large number of illegal Cambodian workers to Thailand was due to high cost of obtaining a Cambodian passport. Speaking at ...
Royal Group to Import BMWs Into Cambodia
Cambodian conglomerate Royal Group will be the first authorized importer and dealer of BMW automobiles in the country, and has begun construction on a showroom and service center in Phnom Penh. Premium Auto Import Co. Ltd., a subsidiary of Royal Group, aims to import roughly 200 ...