Schools to offer career guidance
As part of ongoing education reforms, a new curriculum set to be implemented in 2018 will address the lack of career counselling in high schools across Cambodia, a Ministry of Education official told attendees of an education forum yesterday. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/schools-offer-career-guidance
Maybank offers share trading platform
Maybank Cambodia recently purchased an online stock and share trading platform to allow its premier wealth customers access regional and global markets. Cythia Liaw, Maybank Cambodia CEO, said Friday that the trading platform – KE Trade – was developed by Singapore-based Maybank Kim Eng, the fully ...
Sum Manet
http://www.khmertimeskh.com/news/31414/maybank-offers-share-trading-platform/
TRC curbs phone service offers
A new deadline has been set for mobile operators Cellcard, Smart and Metfone to stop their promotional money exchange program by March 30, according to the Ministry of Posts and Telecommunication. ...
Sok Chan
http://www.khmertimeskh.com/news/36631/trc-curbs-phone-service-offers/
Rice storage offers price security
The silo is expected to be finished by the end of the year and the warehouse will be fully operational for the 2018 harvest season, according to the CEO of the Cambodia Rice Bank. ...
Sok Chan
http://www.khmertimeskh.com/news/39097/rice-storage-offers-price-security/
China's ICBC offers RMB transfers
A new banking settlements system called CHANCES, dealing exclusively in the Chinese currency renminbi (RMB), aims to make trade between China and the ASEAN countries easier and less expensive. Owned and operated by the Industrial and Commercial Bank of China (ICBC), the CHANCES system stands for ...
Preah Vihear villagers reject offer
The provincial government in Preah Vihear is pushing ahead with a compensation and housing scheme for villagers whose existing homes are in the way of a cultural preservation area near the province’s famous 11th-century temple. But the villagers are reluctant to accept the package, saying the ...
Sen David
http://www.phnompenhpost.com/national/preah-vihear-villagers-reject-offer
Boeung Trabek residents resist offers
Residents of Phnom Penh’s Boeung Trabek area yesterday balked at the options to either pay the government for land certificates or sell their land to the municipality during a forum attended by local authorities, area inhabitants and housing rights officials. City officials earlier this year said ...
Sen David
http://www.phnompenhpost.com/national/boeung-trabek-residents-resist-offers
Bourse offers primer on disclosure
The Cambodia Securities Exchange (CSX) organized a forum on Tuesday to help companies, investors and students understand the importance of disclosure in the securities market, inviting representatives of the fledgling bourse’s two listed companies to share their experience. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/12731/bourse-offers-primer-on-disclosure/
Bank now offers gold accounts
Cambodians can now invest in gold through one of the Kingdom’s Malaysian-owned banks, CIMB. The investment product has been met with mixed reviews from experts, but could tap a popular and traditional means of investment. CIMB’s Gold Deposit Account would give customers a gold-backed investment option without ...
http://www.phnompenhpost.com/index.php/2012070957291/Business/cimb-offers-gold-accounts.html
Agreement Inked on Trade Loans in Cambodia
The US Export-Import Bank (EXIM) and the Cambodia Chamber of Commerce signed an agreement on Monday that will guarantee loans offered for the purchase of US goods and services. The memorandum of understanding was signed as part of the US-Asean Trade and Investment Framework Arrangement, ...
CEOs see auto, ICT, finance sectors as top growth picks
Thai CEOs are confident that the country’s 2013 economic growth will be at least as good as last year’s level and that the automobile, information and communications technology, and financial sectors will be the star performers. The CEOs estimate that their companies’ profits this year ...
Gov’t fights back on ‘useless’ education claim
Education Minister Hang Chuon Naron yesterday slammed opposition leader Sam Rainsy for dismissing university degrees in the country as value-less and labeling the education system one of the poorest in the world. ...
Ven Rathavong
http://www.khmertimeskh.com/news/16635/gov---t-fights-back-on----useless----education-claim/
Price tag set for railway link to Vietnam border
The rail link to Vietnam from Cambodia has been estimated at $686 million dollars. The link would finally connect Singapore to Kunming, China. The $686 million does not include compensation for those who link along the proposed railway locations and no funding has been confirmed ...
Telecom Firms Say Mobitel Owes $1.5M in Connection Fees
Cambodia’s largest mobile phone company CamGSM Co. Ltd., which operates under the MobiTel brand name, has been accused by three other firms in the market of refusing to pay more than $1.5 million owed to them in interconnection fees. In a letter to Telecommunications Minister So Khun dated ...
Workers petition Korean government
More than 300 striking workers from the International Fashion Royal garment factory in Phnom Penh appealed for assistance from the South Korean Embassy yesterday afternoon after police blocked their march to Por Sen Chey District Hall, a union official said. Ten days of striking for a ...
http://www.phnompenhpost.com/2013012260899/National/workers-petition-korean-government.html
Hunters and Hunted
Unable to effectively police the Cardamoms alone, the Cambodian government partners itself with several international NGOs. The forests directly north of Highway 48 arc patrolled with the help of Wildlife Alliance. Beginning in 2002 with two ranger stations, Wildlife Alliance now operates six outposts in the ...
$500M Leaves Cambodia Illegally Each Year
Almost $500 million a year was taken out of Cambodia in “illicit financial flows” between 2001 and 2010, a report released yesterday in the U.S. claims. People in the Cambodian finance sector, however, expressed doubts about the accuracy of the figure, which appears in a report ...
http://www.cambodiadaily.com/business/500m-leaves-cambodia-illegally-each-year-6748/
Social Media Changing Cambodia’s Information Landscape
Changes in demography and technology have altered the behavior of Cambodian media consumers, with youth increasingly using social media platforms to share news and information. Pen Sophal, a graduate student in media management at Sweden’s Royal Institute of Technology, says print and electronic media outlets in ...
Construction Woes Plague Railway Project
The rehabilitation of Cambodia’s dilapidated railway network has encountered delays due to poor construction work and inappropriate surveying methods when making plans to lay down tracks, according to a draft review of the ongoing $140 million project conducted by the Asian Development Bank (ADB) and ...
Cambodian, Thai firms form business alliance
SBI Royal Securities, a subsidiary of Japanese-based SBI Holdings, has concluded a basic agreement to form a business and capital alliance with one of Thailand’s leading securities firms, in a move that could attract more investment from Cambodia’s northern neighbour. The agreement with Thailand’s Finansia Syrus ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodian-thai-firms-form-business-alliance