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Bangchak plans petrol stations in Cambodia

Bangchak Petroleum, a majority state-owned oil refiner and retailer in Thailand, said it wants to open five petrol stations in Cambodia, with the first station opening in 2014, the Bangkok Post reported last week. Tui Rutten, president of the Thai Business Council of Cambodia did not ...

http://www.phnompenhpost.com/2013020161112/Business/bangchak-plans-petrol-stations-in-cambodia.html

Smart axiata funds degrees for students

Ten students will have the opportunity to further their studies for free thanks to Smart Axiata’s SmartEdu Scholarship Program, which not only covers their entire tertiary education tuition, but has also awarded them a monthly stipend amounting to $15,000 for the duration of their degree. ...

Mayuri Mei Lin​
http://www.khmertimeskh.com/news/31378/smart-axiata-funds-degrees-for-students/

Degrees of change in the air

Public and private universities are experiencing an exponential rise in the number of students opting for two-year associate degrees rather than four-year bachelor’s programs following last year’s disastrous high school exit examinations, education officials said yesterday. ...

Sarah Taguiam
http://www.phnompenhpost.com/national/degrees-change-air

Japanese firm plans Cambodian fund for later this year

Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...

http://www.phnompenhpost.com/index.php/2011070650212/Business/japanese-firm-plans-cambodian-fund-for-later-this-year.html

Malaysia looks to improve maids' conditions

Malaysia wants to reach bilateral agreements with Cambodia and other labor-sending countries that would allow foreign maids to keep their passports, limit their work-day to eight hours and give them one day off per week, Malaysian news media reported yesterday. Malaysian Human Resources Minister Datuk Subramaniam ...

Water Authority Stock Launch May Be Delayed

It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...

http://www.camnet.com.kh/cambodia.daily/

Hun Sen orders Education Minister to stop signing university diplomas

Prime Minister Hun Sen on Monday publicly announced that Education Minster will no longer sign the university diplomas which shall be signed at the university level. He said the reason to let the rectors sign the diplomas, is to promote the quality of education in ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NmQzNzVkZDIxYTN

Failed students weigh future

As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...

Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future

Private Firms Approach Cambodia’s Bourse With Caution

When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...

Cambodia, Vietnam seen boosting medical tourism offerings

Cambodia and Vietnam are enhancing their medical tourism offerings, the International Medical Tourism Journal reported Friday. “In medical tourism, Southeast Asia is a key and fast advancing market. Cambodia and Vietnam now want a share of the action that Singapore, Thailand and Malaysia have,” the journal ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjgwOGQwMjBkMzA

Malaysia’s Felda mulls local crops

Malaysia-based agricultural and commodities company Felda Global Ventures Holdings is considering investing in palm oil, sugar and rubber crops in Cambodia. Felda Global head of corporate communications Izan Hussain said yesterday the company had received numerous business proposals, but had not made any decisions. “Our discussions and ...

http://www.phnompenhpost.com/2013032964774/Business/malaysia-s-felda-mulls-local-crops.html

Major Gap Emerging Between Labor Market and Job Seekers

PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...

http://www.voacambodia.com/content/major-gap-emerging-between-labor-market-and-job-seekers/1557639.html

Varying Degrees of Progress Shown in Development Report

The government has made “remarkable development progress” in successfully guiding the country through the global financial crash of 2008, ensuring economic stability and enabling the government to meet the Cambodian Millennium Development Goal on poverty reduction, Prime Minister Hun Sen said yesterday. Speaking at the launch ...

Despite Ban, Operators Offer Bonuses

Two of the country’s largest mobile phone operators are again offering attractive deals on calls, despite the Telecommunication Regulator of Cambodia’s (TRC) recent order to mobile operators to follow the government’s minimum prices for calls and to scale back customer promotions. On Sunday, Smart, which is ...

Joshua Wilwohl
http://www.cambodiadaily.com/news/despite-ban-operators-offer-bonuses-49483/

Malaysia’s Zhulian to tap Cambodian market

Malaysia-listed Zhulian Corp Bhd plans to expand its diversified Multilevel Marketing  (MLM) business into Cambodia and Laos to tap the strong potential of both countries, media reports said yesterday.    ...

May Kunmakara
http://www.khmertimeskh.com/news/24199/malaysia---s-zhulian-to-tap-cambodian-market/

Lessons for Cambodia from Malaysia’s corruption scandal

A worldwide movement against “grand corruption” can help boost Cambodia’s own domestic anti-corruption efforts against large-scale graft, a governance specialist has argued. ...

Sophat Soeung
http://www.voacambodia.com/content/lessons-for-cambodia-from-malaysia-corruption-scandal/2994090.html

Malaysia’s Sunway in $220 mil regional expansion

Malaysian-owned Sunway Hotels & Resorts will spend $223 million in a redevelopment and expansion plan on its hotels in Malaysia, Cambodia and Vietnam within three years, according to Malaysian media. ...

May Kunmakara
http://www.khmertimeskh.com/news/23471/malaysia---s-sunway-in--220-mil-regional-expansion/

Education ministry wants bachelor’s degrees for all teachers

The Education Ministry will organize a training course and study programs that will give all of the country’s teachers access to bachelor’s degree programs by 2020, officials said yesterday. ...

Ven Rathavong
http://www.khmertimeskh.com/news/17961/education-ministry-wants-bachelor---s-degrees-for-all-teachers/

BDO expands Cambodia operations

The former country partner and staff of Grant Thornton Law and associates in Cambodia have joined the accountancy and advisory firm BDO Malaysia effective July 1, according to a statement. BDO is one of three accounting firms licensed by the Securities and Exchange Commission ...

http://www.phnompenhpost.com/index.php/2011070550176/Business/bdo-expands-cambodia-operations.html

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