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T-Shop eyeing growth with plan for IPO

T-shop Cambodia, a Phnom-Penh based electronics distributor, is planning an aggressive push into the provinces through company-owned and franchise outlets, and will look to raise capital for expansion by offering shares on the local stock exchange, the company’s CEO said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/t-shop-eyeing-growth-plan-ipo

Industry leaders voice concern over sky-high cost of electricity

Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...

Kali Kotoski
http://www.phnompenhpost.com/business/industry-leaders-voice-concern-over-sky-high-cost-electricity

City hall sets two-week ultimatum for Borei Keila residents to leave

Phnom Penh City Hall has set a two-week deadline for residents of the Borei Keila community to accept compensation offers and move out of the area. The authorities said they would take residents to court if they refused to move by the deadline. ...

Hul Reaksmey
https://www.voacambodia.com/a/city-hall-sets-two-week-ultimatum-for-borei-keila-residents-to-leave/4162381.html

Sixth refugee arrives from Nauru under controversial deal

Cambodian authorities say the latest refugee to take up the country’s resettlement offer under a controversial deal with Australia arrived in Phnom Penh on Sunday, only the sixth to do so since the deal was struck in September 2014. ...

Aun Pheap
https://www.cambodiadaily.com/news/sixth-refugee-arrives-nauru-controversial-deal-120305/

Government letters rekindle concern over controversial law on NGOs

A series of letters issued by the Ministry of Interior on Tuesday night – one chastising two election monitors, and another offering a blanket warning to NGOs – have again raised the spectre of the Kingdom’s controversial and widely criticised Law on Associations and NGOs ...

Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/government-letters-rekindle-concern-over-controversial-law-ngos

CPP ties to controversial election monitor deepen

Against a backdrop of government criticism of local election watchdogs, Deputy Prime Minister Hor Namhong has been elected vice president of the standing committee of the election monitor ICAPP, which has frequently been criticised for indiscriminately offering its stamp of approval to otherwise controversial elections. ...

Andrew Nachemson
http://www.phnompenhpost.com/national/cpp-ties-controversial-election-monitor-deepen

China donates to encourage Chinese language education at Cambodian schools

The Chinese government on Thursday donated 203,000 U.S.dollars to the Chinese Association in Cambodia to support schools offering Chinese language courses in Cambodia. Chinese Ambassador to Cambodia Bu Jianguo handed over the money to Duong Chhiv, the president of the Chinese Association in Cambodia. ...

Kong Defang and Liang Jun
http://english.peopledaily.com.cn/90777/8601478.html

CIMB the latest to add local insurer

CIMB Bank, Malaysia’s second-largest, has entered the insurance market via a partnership agreement signed yesterday with Cambodia Life Insurance Company (CLIC). In Meatra, director general of CLIC, said that under the partnership, CIMB had received full access to offer their insurance products to customers. ...

May Kunmakara
http://www.phnompenhpost.com/business/cimb-latest-add-local-insurer

51% stake for private sector in SPV for four countries including Cambodia, Myanmar

The government plans to rope in private firms for Prime Minister Narendra Modi’s big diplomatic push to ‘Act East Policy’, with its proposed special purpose vehicle for investment in Cambodia, Myanmar, Laos and Vietnam set to offer up to 51 per cent stake to the ...

Deepshikha Sikarwar
http://bit.ly/1C6Hhpf

Over 100 protest in support of families cut out of rail deal

More than 100 people protested Thursday outside Poipet City Hall in support of 50 families in Phsar Kandal commune who were passed over when the government offered compensation to residents who ceded land for a railway project that displaced some 4,000 families across the country. ...

Aun Pheap
https://www.cambodiadaily.com/news/over-100-protest-in-support-of-families-cut-out-of-rail-deal-85462/

Ministries to push vocational training, starting in Svay Rieng

Starting next month, the ministries of education and labor will offer job counseling to students in Svay Rieng province as the first step in an effort to better match employment opportunities in the country with the skills of youth entering the workforce, the education minister ...

Maria Paula Brito and Mech Dara
https://www.cambodiadaily.com/news/ministries-to-push-vocational-training-starting-in-svay-rieng-85638/

Sok Bun begs for mercy

Property tycoon Sok Bun, wanted for the vicious attack of a former TV star, publicly pleaded for his freedom yesterday, pledging to relinquish his “oknha” title and offering his victim $100,000 in compensation, even as Interior Minister Sar Kheng called for his arrest. ...

Chhay Channyda and Charles Parkinson
http://www.phnompenhpost.com/national/sok-bun-begs-mercy

Cambodia to Keep a Close Eye on Severe Typhoon Haiyan

Authorities said Thursday they were closely watching the development of the world’s big­gest storm to materialize so far this year as it hits the Philippines today before moving west toward Vietnam and Cambodia in the following days. “Our first step is to keep a close eye ...

Mech Dara
http://www.cambodiadaily.com/news/cambodia-to-keep-a-close-eye-on-severe-typhoon-haiyan-46751/

For failed high school students, an array of options awaits

As about 60 percent of the tens of thousands of students who took the national high school exam—some twice—this year cope with failure, Education Minister Hang Chuon Naron said this week the dismal grades would only have a “minor impact” on university admissions and jobseekers. ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/news/for-failed-high-school-students-an-array-of-options-awaits-71790/

Study finds mouth cancer rife

The Cambodian National Survey of Oral Muscoal Lesions, launched yesterday at the University of Puthisastra’s health faculty, found the prevalence of oral cancer and potentially malignant oral disorders among Cambodians was 5.6 per cent – about five times more than some other ASEAN countries. ...

Shaun Turton
http://www.phnompenhpost.com/post-weekend/study-finds-mouth-cancer-rife

RUPP students campaign to reduce plastic pollution with coffee discount plans

Fifty coffee shops have joined a two-month campaign initiated by the Royal University of Phnom Penh’s (RUPP) Department of Media and Communication (DMC) to reduce the use of plastic in daily lives. ...

Mom Kunthear
https://www.phnompenhpost.com/national/rupp-students-campaign-reduce-plastic-pollution-coffee-discount-plans

A $15m cash injection aims to bridge Cambodia’s digital skills gap

USAID launches $15m initiative to improve the nation’s digital skills by working with universities and private institutions to strengthen the quality of ICT curriculums and improve soft skills. ...

Phin Rathana
https://kiripost.com/stories/a-15m-loan-aims-to-bridge-cambodias-digital-skills-gap

Chinese investment in Cambodia to diversify into SME finance

Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...

Sangeetha Amarthalingam
https://www.khmertimeskh.com/50555620/chinese-investment-in-cambodia-to-diversify-into-sme-finance/

Highland project launches land sales

The Highland De’ Canal project on the northern outskirts of the capital has launched its land sales on its 100 hectare side, with the first phase of sales offering 36 hectares at $80 to $90 per square meter, Khing Vannak, a major shareholder in the ...

Sum Manet
http://www.khmertimeskh.com/news/21603/highland-project-launches-land-sales/

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