‘New Voices’: Poor Education Hurts Economic Growth
Economic growth has a close correlation with the quality of education, and not its quantity, a graduate student at the University of Chicago says. While education for all has been introduced in Cambodia, more needs to be done toward offering equal access to quality education, ...
VOA Khmer News Staff
http://www.voacambodia.com/content/new-voices-poor-education-hurts-economic-growth/1816811.html
Standard forms aim for public bid transparency
The Ministry of Economy and Finance on Monday announced the release of standardised bidding forms for public contracts, a measure it said would increase transparency and accountability, though the opposition and Transparency International Cambodia offered more cautious assessments yesterday. According to a state media announcement, the ...
Stuart White
http://www.phnompenhpost.com/national/standard-forms-aim-public-bid-transparency
Inflation Hits 7.1 Percent in June, Officials Say
Inflation reached 7.1 percent in June compared to the same month last year as consumer prices continued to rise in Cambodia, an official at the Ministry for Planning said yesterday. The release of the inflation figure comes after officials and the ministry said earlier this ...
South Korea leads Asia’s big three as Cambodia’s leading investor
South Korea replaced the UK as the largest investor in Cambodia last year, with about $287 million injected, 12.5 per cent of the total foreign direct investment, according to data from the Council for the Development of Cambodia (CDC). This represents 33 per cent ...
Japanese to bolster SEZ development
A GROUP of Japanese businessmen yesterday signed a memorandum of understanding with Sonatra Group chairman Sorn Sokna to develop a special economic zone along the Mekong River at the site of the Prey Veng ferry terminals. The ferry service is expected to become redundant when the ...
http://www.phnompenhpost.com/2013030561750/Business/japanese-to-bolster-sez-development.html
Vietnam and Cambodia hit back
Vietnam urged Laos to halt construction of a $3.5 billion hydropower dam pending further study, environmental activists said on Friday after a meeting of the Mekong River Commission. The activists said Cambodia, also downriver from the Xayaburi dam, accused Laos during heated discussions on Wednesday and ...
http://bdnews24.com/environment/2013/01/21/vietnam-and-cambodia-hit-back
Infrastructure spending rises
Between 2008 and 2012, Cambodia’s spending on public infrastructure amounted to about US$2.5 billion — a sum an opposition politician says is too low and is ineffectively put to use. In his opening remarks at the seventh Cambodia Outlook Conference, Prime Minister Hun Sen said public ...
http://www.phnompenhpost.com/2013022261558/Business/infrastructure-spending-rises.html
A smooth ride?
It’s not a claim every country can make, but Cambodia builds its own cars. A country known for its low-skilled workforce, the Kingdom exceeded expectations with its January release of the Angkor Car, a mini-electric vehicle able to get up to 300 kilometres per charge. ...
In Washington, ‘Mekong Days’ Puts River in Focus
Advocacy groups, environmentalists and policy-makers have wrapped up five days of events surrounding Mekong River issues in Washington. “Mekong Days,” a series of talks, films and other forums that ended Tuesday, highlighted issues in the region, where some 60 million people live. The Mekong River, a major ...
http://www.voacambodia.com/content/in-washington-mekong-days-puts-river-in-focus/1630640.html
Huge Increase in MFI Loans, Deposits
More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources. The loan portfolios of the 35 registered microfinance institutions (MFI) and ...
http://www.phnompenhpost.com/2013050265366/Business/huge-increase-in-mfi-loans-deposits.html
City poised for shopping mall boom
After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...
Hor Kimsay
http://www.phnompenhpost.com/business/city-poised-shopping-mall-boom
Japanese firms seek business options in Cambodia
Representatives of a dozen large Japanese companies arrived in Phnom Penh on Tuesday looking for business opportunities in the kingdom. Hidetoshi Nishimura, executive director of the Economic Research Institute for ASEAN and East Asia, led the delegation, whose members represent firms in industries such as technology, ...
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 ...
State institutions ensure seated flatbed trucks for garment workers by 2024, buses by 2027
After several rounds of discussion since 2018, state institutions on Wednesday vowed to make it safer for workers across the country to have chairs to sit on while traveling to and from work, which has typically been flatbed trucks. ...
Phon Sothyroth
https://cambojanews.com/state-institution-ensure-seated-flatbed-trucks-for-garment-workers-by-2024-buses-by-2027/
Japan offers $310M in grants, loans to boost development
Japan is providing $310 million in development aid to Cambodia to help bolster the country’s economy. About $42.7 million will be delivered as aid, while the rest will be packaged into soft loans which Cambodia has to repay, but on very favourable terms. ...
Ry Sochan
https://www.phnompenhpost.com/national/japan-offers-310m-grants-loans-boost-development
Australian organic enterprise to offer Cambodian farmers overseas training experience
An Australian organic farming firm is offering jobs to Cambodians. The news came out at a meeting between Lexmin Pty Cambodia CEO Robert K Chelliah and Agriculture Minister Veng Sakhon yesterday. ...
Michael Firn
https://www.khmertimeskh.com/50908111/australian-organic-enterprise-to-offer-cambodian-farmers-overseas-training-experience/
Thai uni offers scholarships to 40 Cambodian students: PM
Prime Minister Hun Sen requested that Thailand’s Krirk University meet with the Ministry of Education, Youth and Sport to discuss recruitment after the school announced scholarships for 40 Cambodians. ...
Ry Sochan
https://www.phnompenhpost.com/national/thai-uni-offers-scholarships-40-cambodian-students-pm
Financial support offered to pregnant civil servants
FacebookTwitterEmailShareThe government will expand its support programme to female civil servants and contract workers who become pregnant, as enjoyed by pregnant garment workers to alleviate hardship and reduce poverty in Cambodia. ...
Hang Punreay
https://www.khmertimeskh.com/501316552/financial-support-offered-to-pregnant-civil-servants/
More Bunong, Kouy, and Kroeung people have graduated from the university and returned to support their communities
Ms. Somart Sokhaii is Bunong. She is among a few indigenous people to have succeeded in her higher education with a bachelor’s degree in Laws. ...
PM calls on all universities to pay attention to quality
Hun Sen, Prime Minister of the Kingdom of Cambodia, has appealed to all universities, both public and private, to do their best to improve the quality of education to suit with the graduates’ abilities and degrees. ...
Khmer Times Staff
https://www.khmertimeskh.com/501227960/pm-calls-on-all-universities-to-pay-attention-to-quality/