Moratorium on new universities
The Ministry of Education has vowed to shift its focus from the quantity of the country’s universities to their quality by instituting a moratorium on the approval of new institutions, officials said yesterday. Education Minister Hang Chuon Naron said that with more than 100 universities already ...
Chhay Channyda
http://www.phnompenhpost.com/national/moratorium-new-universities
Cambodia unveils 2 suspects for hacking into gov't websites
Cambodia on Tuesday revealed two suspected hackers, who have attacked in large scales on the information technology networks of the national institutions, the National Police announced in its website. Bun Kingmongkol Panha, 21, and Chou Songheng, 21, both are the third year information technology students at ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/22/c_133281810.htm
Ministry of Environment signs MoU on digital technology
The Ministry of Environment, Siemens Digital Industries Software, Institute of Technology of Cambodia, Cambodia Academy of Digital Technology and Steaming Cambodia signed three Memorandums of Understanding (MoU) yesterday at the Ministry of Environment. ...
Son Minea
https://www.khmertimeskh.com/501061780/ministry-of-environment-signs-mou-on-digital-technology/
Cambodia's first IPO nears
Cambodia’s first initial public offering is fast approaching, and demand is expected to be robust. Bookbuilding, the process during which bids are taken and a price set for shares, ended last Wednesday for Phnom Penh Water Supply Authority (PPWSA). The final offering price will be announced ...
http://www.bangkokpost.com/business/economics/284959/cambodia-first-ipo-nears
PPWSA edges closer to IPO
As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...
http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html
Cambodia Post launches e-payment, money transfer app
In a bid to modernise its offer of services, Cambodia Post, the state agency responsible for providing postal service in the Kingdom, on Friday unveiled a new application that enables electronic payments for a range of services as well as money transfers. ...
Sok Chan
https://www.khmertimeskh.com/50499269/cambodia-post-launches-e-payment-money-transfer-app/
Chinese carrier launches direct flight to Cambodia's Sihanoukville
Lucky Air has launched direct flights from Kunming to Sihanoukville, becoming the first Chinese carrier to offer year-round regular scheduled service to the coastal Cambodian city, a local English newspaper reported on Thursday, citing an airline executive. ...
Xinhua News Staff
http://www.chinadaily.com.cn/business/2015-12/03/content_22618731.htm
Port begins roadshow for IPO with cautious optimism
PHNOM PENH Autonomous Port (PPAP) began it roadshow yesterday to attract investors ahead of its initial public offering (IPO), saying the share price will range between $1.08 and $1.50 and that 35 percent of them had already been booked. ...
Sum Manet
http://www.khmertimeskh.com/news/16919/port-begins-roadshow-for-ipo-with-cautious-optimism/
Kantha Bopha gifted royal residence
The King and Queen Mother have awarded a royal residence in Koh Kong province to the director of the Kantha Bopha Children’s Hospitals in a bid to relieve the financial burden on the facilities, which offer free treatment to all patients. ...
Chhay Channyda
http://www.phnompenhpost.com/national/kantha-bopha-gifted-royal-residence
Camko city denies land sale
After a real estate agent was convicted of illegally selling plots of land within Camko City development project, a senior figure at developer World City stressed yesterday that at present no land was for sale and warned that any offers were fraudulent. ...
Sum Manet
http://www.khmertimeskh.com/news/31193/camko-city-denies-land-sale/
CNRP vexed as CPP continues to call Sokha’s presidency illegitimate
Opposition lawmakers yesterday left a meeting at the Interior Ministry exasperated, as officials from the latter continued to deem the presidency of their leader, Kem Sokha, and the vice presidency of three senior lawmakers, illegitimate, but offered no clear path to a resolution. ...
Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-vexed-cpp-continues-call-sokhas-presidency-illegitimate
Vietnam asked to invest in rubber
During a meeting last week with a Vietnamese rubber association, Minister of Agriculture Veng Sakhon reminded Vietnamese investors of the many opportunities that the Cambodian agricultural sector offers and asked them to come to the kingdom to establish rubber and cassava processing factories. ...
Chea Vannak
http://www.khmertimeskh.com/5089361/vietnam-asked-invest-rubber/
Cassava exports up, prices low
Though the export of cassava from Cambodia to foreign markets increased by more than 50 percent in 2016, compared with previous years, export earnings were still low due to below-market-prices offered by buyers in Thailand and Vietnam. ...
Chea Vannak
http://www.khmertimeskh.com/news/37174/cassava-exports-up--prices-low/
CNRP’s predecessor parties reject GDP call to run in July election
The fledgling Grassroots Democracy Party appealed yesterday to the predecessors of the now-dissolved Cambodia National Rescue Party to contest this year’s upcoming elections in a bid to dilute the ruling party’s vote share – an offer they quickly turned down. ...
Ben Sokhean and Ananth Baliga
http://www.phnompenhpost.com/national-politics/cnrps-predecessor-parties-reject-gdp-call-run-july-election
1,100 voluntary students help land distribution and survey for local people
Samdech PM Hun Sen this week met with I, I 00 voluntary students, who will help survey the land for local people. The government set policy to offer land for real poor and landless people in a form of helping poor and social equity. ...
IOM raising funds to return rescued fishermen
As 58 Cambodian fishermen rescued from slavery in Indonesia await their travel documents to return home, the intergovernmental body organizing their return is attempting to raise money to pay for their travel because the Cambodian government is not offering any funds for their repatriation. ...
Alex Consiglio and Khy Sovuthy
https://www.cambodiadaily.com/news/iom-raising-funds-to-return-rescued-fishermen-82532/
NBC warns against unlicensed deposit schemes
The National Bank of Cambodia issued a letter on Wednesday clarifying that only seven microfinance institutions (MFIs) are licensed to accept deposits from the public. The notification came after the central bank noticed several “rural credit operators” – institutions smaller than a typical MFI that ...
Hor Kimsay
https://www.phnompenhpost.com/business/nbc-warns-against-unlicensed-deposit-schemes
Unions, GMAC at the table
Employer representatives and trade unions sat down across from each other for the first time yesterday for head-to-head negotiations over next year’s garment sector minimum wage, with factory owners reluctantly offering a small $2 increase to their earlier proposal of $144.20. ...
Lay Samean and Ananth Baliga
http://www.phnompenhpost.com/national/unions-gmac-table
SEZs hold key to economic corridor growth
Industrial parks that offer special privileges to companies that operate inside them play a dominant role in attracting investment in the region, but countries must focus more on building up their infrastructure and human resources to take advantage of increased connectivity, development experts said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/sezs-hold-key-economic-corridor-growth
Indonesia, Cambodia discuss defence cooperation
Indonesia is willing to offer Cambodia’s navy ships at a discount and would like the Kingdom to be involved in joint patrols in the region, Indonesia’s Defence Minister Ryamizard Ryacudu yesterday told the Post, amid his meetings with government leaders. ...
Shaun Turton and Vong Sokheng
http://www.phnompenhpost.com/national/indonesia-cambodia-discuss-defence-cooperation