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Cambodia-Linked Investors Sentenced in Seoul

The chief executives of the firms behind two large-scale real-estate projects in Cambodia have been sentenced to jail in Seoul for obtaining illegal loans and using the money to finance fictitious companies abroad, according to a South Korean court official. The two executives were among a ...

Speaking in tongues: Young Cambodians learning foreign languages to improve economic opportunities

In the globalised world, being able to communicate in more than one language is becoming essential for many people seeking rewarding careers. Young Cambodians have taken this message to heart and are learning Cambodia is slowly moving up the development ladder but low-wage factory labour still ...

http://www.bangkokpost.com/business/news/365365/speaking-in-tongues

KB Kookmin Bank launches integrated bank in Cambodia

South Korea’s KB Kookmin Bank on Sunday said it received final approval on Friday from Cambodia’s Ministry of Commerce to launch the integrated commercial Bank KB Prasac Bank. ...

Khmer Times Staff
https://www.khmertimeskh.com/501338603/kb-kookmin-bank-launches-integrated-bank-in-cambodia/

Hopes for potato farming in the Kingdom running high

After determining the best provinces in the country to grow potatoes, Cambodian scientists are now working to figure out what varieties adapt best to the local soil and will have the highest yields. ...

Chea Vannak
https://www.khmertimeskh.com/50521747/hopes-for-potato-farming-in-the-kingdom-running-high/

Study finds worm more harmful than thought

Researchers have found that a little-studied variety of threadworm – strongyloides stercoralis – previously thought to be relatively benign is associated with “significant morbidity” in rural Cambodia. Peter Odermatt, a professor at Basel University in Switzerland who headed the team, said the researchers had been ...

Yesenia Amaro
http://www.phnompenhpost.com/national/study-finds-worm-more-harmful-thought

Partnership with US university for better cassava

Agriculture Minister Veng Sakhon met on Monday with visiting US professors W. Ronnie Coffman and Max J. Pfeffer from Cornell University to discuss cooperation in a new project whose purpose is to yield disease-resilient, high yielding cassava. ...

Sok Chan
http://www.khmertimeskh.com/50101289/partnership-us-university-better-cassava/

Cambodian PM due on Friday

Prime Minister of Cambodia Hun Sen is expected to pay a 3-day official visit to Dhaka from Friday to further expanding and strengthening trade relations and cooperation in agriculture sector between the two countries. During the visit, sources said Dhaka is expected to seek long-term ...

The Daily Star
http://www.thedailystar.net/cambodian-pm-due-on-friday-23869

Professionalism best mechanism to protect journalists, expert says

Journalists need to be more professional in their reporting, which is the best way to protect themselves, a media educator says. “Like any other profession, journalism can be risky, but if journalists follow their professional codes of conduct and ethics and work with responsibility, there should ...

Say Mony
http://www.voacambodia.com/content/professionalism-best-mechanism-to-protect-journalists-expert-says/1868921.html

Medical students protest price of final-year certification exam

About 50 students from the state-run University of Health Sciences protested outside the school Thursday to demand a decrease in the $125 fee they must pay to take their exit examination, which certifies them as medical doctors. The Health Ministry began making medical students sit the ...

Ouch Sony
https://www.cambodiadaily.com/news/medical-students-protest-price-of-final-year-certification-exam-75698/

Cambodian province plans campaign for monks to care for mentally ill

Government authorities in a southwest Cambodian province are planning a coordinated campaign to round up residents suffering from mental illness and take them to Buddhist temples where they will be cared for by monks, a provincial official said. ...

RFA Khmer News Staff
http://bit.ly/1HOU4QU

PM launches Cambodia Cyber University Network

Prime Minister Hun Manet inaugurated the Cambodia Cyber University Network (CCUN) yesterday to train digital technology at the Institute of Technology of Cambodia. ...

Torn Vibol
https://www.khmertimeskh.com/501512273/pm-launches-cambodia-cyber-university-network/

South Korea lends $52.2M for road renovation

South Korea has loaned Cambodia $52.54 million to renovate the 63.5km-long National Road 21, which connects the provinces of Kandal and Svay Rieng, according to a statement yesterday by the Ministry of Finance ...

Social Work to shape Kingdom

Social work, long-established in developed countries but unheard-of in Cambodia, could be set to change the face of child protection in the country as interest in the field grows. Last week, a hundred potential social workers from around the country came to Phnom Penh for an ...

http://www.phnompenhpost.com/index.php/2012092558885/Lifestyle/social-work-to-change-cambodia.html

Hun Sen returns from South Korea trip

Prime Minister Hun Sen returned from South Korea on Monday having struck a series of deals with Seoul, including an agreement to explore the creation of a South Korean-funded agricultural university in Cambodia, according to one of Mr. Hun Sen’s advisers. Speaking to reporters at Phnom ...

Hul Reaksmey
https://www.cambodiadaily.com/news/hun-sen-returns-from-south-korea-trip-74257/

Banking Sector Sees Growth in First 9 Months

Profits at Cambodia’s largest banks continued to grow through the first nine months of the year as loan disbursals across the sector increased by about 30 percent compared to the same period in 2011, bankers said yesterday. Acleda bank, the largest bank in the country, this week posted ...

Three Charged for $2.3 Million Embezzlement From Banks

The former manager of Canadia Bank’s credit section, along with two accomplices at the Bank, were charged Thursday with theft and forgery for allegedly embezzling about $2.3 million from ABA and SBC Banks, according to municipal court and police officials. “The deputy [municipal court] prosecutor has ...

Eang Mengleng
http://www.cambodiadaily.com/news/three-charged-for-2-3-million-embezzlement-from-banks-44403/

World Bank Report Says Few Cambodians Using Bank Accounts

Only 3.7 percent of Cambodia’s 14 million people have bank accounts with a financial institution, while less than 1 percent of those with an account are actually using them to save money, according to a World bank report released Tuesday. Though the World bank’s Global Financial ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/world-bank-report-says-few-cambodians-using-bank-accounts-46844/

Three universities agree to found new research centre

The Royal University of Phnom Penh, the Royal University of Fine Arts, and the National Institute of Education inked a memorandum of understanding (MoU) on Monday, agreeing to establish a joint higher education social sciences and humanities research institute. ...

Voun Dara
https://www.phnompenhpost.com/national/three-universities-agree-found-new-research-centre

Malaysian bank eyes the affluent

A new Malaysian player in Cambodia’s expanding banking sector aims to capture the “emerging affluent” with its mobile and online services. Malaysian-based Hong Leong bank will begin operating in Phnom Penh today, with a branch on Street 214. Joe Farrugia, CEO of Hong Leong bank Cambodia, ...

http://www.phnompenhpost.com/2013070866710/Business/malaysian-bank-eyes-the-affluent.html

Newest ASEAN fund may be out of reach for Cambodian govt

The ASEAN Infrastructure Fund, the largest pooling of financial resources among Southeast Asia’s 10-member bloc, held its first board meeting in Manila last week, but the extent to which Cambodia will borrow from the non-concessional fund has yet to be determined, experts said. ASEAN countries and ...

http://www.phnompenhpost.com/index.php/2012050756005/Business/newest-asean-fund-may-be-out-of-reach-for-cambodian-govt.html

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