World Bank Enterprise Surveys indicate 18% of enterprises in Cambodia having difficulties finding workers with right skills
As megatrends affect the world of work, reshaping skills of workers will help to address mismatches and promote resilience. ...
Khmer Times Staff
https://www.khmertimeskh.com/50887895/world-bank-enterprise-surveys-indicate-18-of-enterprises-in-cambodia-having-difficulties-finding-workers-with-right-skills/
GDT, banks vow to step up tax payment efficiency
The finance ministry has to-date signed memorandums of understanding (MoU) with 10 banks to process tax-related payments to the General Department of Taxation (GDT), one of its subordinate units. ...
Van Socheata
https://www.phnompenhpost.com/business/gdt-banks-vow-step-tax-payment-efficiency
Tough times for telecom bosses in 2012
The year 2012 has seen a number of changes of personnel within different companies in Cambodia, particularly in the telecommunications sector, but also in the insurance and banking industry. According to In Channy, ACLEDA bank’s CEO and vice chairman of the International Business Chamber Cambodia, the ...
http://www.phnompenhpost.com/2013010160558/Business/tough-times-for-telecom-bosses-in-12.html
South Korea Donates Trucks to Cambodian Gov’t
The Republic of Korea donated more than 200 military trucks to the Cambodian government last month, a port official said yesterday. Sam Heng, administrative chief of the Sihanoukville Autonomous Port, said the 241 trucks were strictly for transportation. “The trucks arrived before the elections. They’re military cargo ...
Innovation and inspiration are the basis of BarCamp
BarCamp Phnom Penh, a technology conference at the University of Puthisastra, promises to attract industry professionals from ASEAN countries, the US, Germany and other countries around the world later this month, Be Chantra, lead organiser of the conference, says. Be Chantra says BarCamp Phnom Penh is ...
Ministry to Survey Gap Between University, Jobs
The Ministry of Education is preparing to distribute questionnaires nationwide to assess the gap between the job market and subjects being studied by university students. As Cambodia’s economy develops, employers have complained that there are too many graduates in subjects such as management and business, ...
http://www.cambodiadaily.com/news/ministry-to-survey-gap-between-university-jobs-34764/
Cambodia delays human rights hearing for one week
A request by the Cambodian government for a delay in its universal periodic review (UPR) hearing at the Human Rights Council in Geneva, which was supposed to be Thursday, has been accepted, according to a rights group that was to deliver a statement on the ...
Lauren Crothers
http://www.cambodiadaily.com/news/cambodia-delays-human-rights-hearing-for-one-week-61863/
Students compete in counseling competition
About 30 law students on Friday participated in the seventh Client Counseling Competition to put their newly acquired professional skills into practice and compete for a trip to the international competition in Puerto Rico in April. “We created the case based on this year’s theme, ...
Denise Hruby
http://www.cambodiadaily.com/news/students-compete-in-counseling-competition-52970/
US University Prepares for Forum on Cambodian ‘Crossroads’
Ohio University is poised to hold its sixth annual Khmer Studies Forum, beginning later this month. Topics for discussion at the three-day conference include Cambodia’s current political climate, the Khmer Rouge tribunal, and the country’s art, media and culture. The forum will be held at the ...
Sok Khemara
http://www.voacambodia.com/content/us-university-prepares-for-forum-on-cambodia-crossroads/1864080.html
Cambodia Lacks Research Enough To Tackle Its Problems, Analysts Say
Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...
More trade finance needed
A lack of trade financing – the loans and guarantees needed to support import and export transactions – for international deals within developing Asian countries such as Cambodia is restricting opportunities for growth, a survey by the Asia Development Bank (ADB) has found. Of 106 Banks ...
http://www.phnompenhpost.com/2013031361906/Business/more-trade-finance-needed.html
ASEAN not take sides in South China Sea disputes: Cambodian official
The Association of Southeast Asian Nations (ASEAN) did not take any sides in South China Sea disputes, but supported the settlement of the disputes based on international law and agreed documents, a senior Cambodian official said in Phnom Penh on Sunday. “ASEAN made the statement based on a principle that ...
NBC set to hold annual meet highliting agricultural issues
The National Bank of Cambodia (NBC) is set to hold the 6th Annual Macroeconomic Conference at the end of this year, which will focus on the Kingdom’s agriculture sector challenges. The conference on Agriculture Sector in a Rapid Structural Transformation and Uncertain Global Trade Environment ...
Sorn Sarath
https://www.phnompenhpost.com/business/nbc-set-hold-annual-meet-highliting-agricultural-issues
Thai Kbank to launch in Cambodia
Kasikornbank, Thailand’s fourth-largest bank by assets, has received a licence to open its first branch in Cambodia, a bank executive said yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/thai-kbank-launch-cambodia
Sathapana Bank gets $35 million from Taiwan lenders
Facilitated by Taiwan’s First Commercial Bank, seven foreign Banks provided $35 million in a syndicated loan to Sathapana Bank Plc, a newly formed Cambodian commercial Bank, to expand its existing microfinance operations and broaden its commercial lending portfolio. ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/sathapana-bank-gets-35-million-taiwan-lenders
Traders urged to use riel
In an effort to boost the use of the riel, private companies have called on the National Bank of Cambodia (NBC) to ensure that all goods worth less than $100 are priced in riel. ...
Sok Chan
http://www.khmertimeskh.com/news/36683/traders-urged-to-use-riel/
Correspondent banking in retreat, but growing in Asia
While financial inclusion is a top priority for emerging economies, new research suggests more stringent enforcement of anti-money regulations in recent years has resulted in major Western banks disconnecting from these regions, leaving local businesses without access to the international financial system. ...
Cam McGrath
http://www.phnompenhpost.com/business/correspondent-banking-retreat-growing-asia
Singapore Invests in New Cambodian Bank
An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/
PPCBank pays coupon interest on second bond
South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) announced a first coupon payout to investors in its second bond despite unrest in the Cambodian economy fuelled by the spread of the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-pays-coupon-interest-second-bond
Cambodia faces risks from a credit boom, the IMF warns
The International Monetary Fund has warned that a credit boom in Cambodia poses a threat to economic growth. Banks have been cutting interest rates to win customers and private sector credit has increased by almost a third in the past 12 months, the fund said. This ...