News
Cambodia Least Competitive in Region on Global Index
Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...
http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html
More local software urged : UNCTAD
Less developed countries should promote domestic software development that meets local needs and capabilities, bringing development gains, a United Nations Conference on Trade and Development (UNCTAD) report published last week says. Locally developed software is more likely to fit the culture, context and language where it ...
http://www.phnompenhpost.com/index.php/2012120360049/Business/more-local-software-urged-unctad.html
Cambodia plans 3.1 bln USD for national expenses next year: minister
Cambodia planned to allocate 3. 1 billion U.S. dollars, in equivalent to 19.8 percent of the country’s GDP, for national expenses in 2013, a 12.9 percent rise year-on-year, finance minister Keat Chhon said Friday. Speaking to reporters after a meeting at the National Assembly, the minister ...
The Asian Development Bank marks 20 years in Cambodia
The Asian Development Bank (ADB) is marking 20 years of operations in Cambodia with the release of a book today celebrating its achievements in the Kingdom. The 67-member ADB says that over 20 years it has given Cambodia $1.8 billion in loans, grants and technical assistance. ...
Cambodian, U.S. leaders hold talks on old debt, human rights
Cambodian Prime Minister Hun Sen and visiting U.S. President Barack Obama met here on Monday to discuss a number of issues including old debt, human rights, democracy and forced evictions in Cambodia, a senior Cambodian official said. Hun Sen also raised the issue of old ...
http://news.xinhuanet.com/english/world/2012-11/20/c_123972558.htm
Obama Presses Hun Sen on Human Rights
U.S. President Barack Obama pressed Prime Minister Hun Sen on the government’s human rights record during a closed-door meeting between the two leaders in Phnom Penh yesterday, calling for fair elections and the release of all political prisoners. In the first visit to Cambodia by a ...
http://www.cambodiadaily.com/news/obama-presses-hun-sen-on-human-rights-record-6174/
Healthy growth for Cambodia’s economy
A NEW report from the Organisation for Economic Co-operation and Development (OECD) says GDP growth in Cambodia over the next five years is likely to hit 6.9 per cent, the highest of any ASEAN country apart from Laos. However, the report warns that Cambodia needs to ...
Gillard talks trade in Cambodia
PRIME Minister Julia Gillard is aiming for an ambitious trade agreement that not only covers ASEAN and its neighbours but leaves the door open for other entrants. Ms Gillard arrived in the Cambodian capital Phnom Penh on Monday for the East Asia Summit, which is set ...
Job fair attracts a big crowd
Officials confirmed there were more than 20,000 participants at the job fair on Saturday organised by the National Employment Agency of the Ministry of Labour and Vocational Training, which was held in an effort to educate job seekers about current opportunities. Sokkhon David, acting director of information ...
http://www.phnompenhpost.com/index.php/2012110559560/Business/job-fair-attracts-a-big-crowd.html
Education ushers women into workforce
Gender inequality in education is still palpable in Cambodia, causing women to be undervalued in the workplace and their potential to be untapped, the Under Secretary of State at the Ministry of Women’s Affairs said during the celebration of the United Nations International Day of the ...
Civil engineering students on the rise
Students finishing their secondary education this year are carefully looking at market demand to decide what to study to ensure solid future earnings. Many educators say the recent growth of the construction sector in Cambodia is encouraging parents and students to enroll at the universities of ...
http://www.phnompenhpost.com/index.php/Real-Estate/civil-engineering-students-on-the-rise.html
Youths heed city's siren call
When 29-year-old store manager Srey Mom sent her mother in Takeo province some money to pay young people to help with the rice planting, her mother told her it was no use – the young people had abandoned the village to seek their fortunes in ...
Meeting sets out action plan for women's economic empowerment
Poor education and a lack of skills are still major challenges for Cambodian women and a recent meeting in Phnom Penh with the Ministry of Women’s Affairs and the United Nations Development Program set out to validate an action plan on women’s economic empowerment that ...
Gov't and Donors Set New Reform Targets
The new list of reforms approved by the government at a high-level meeting with its foreign donors on Wednesday offer a mixed bag of targets, with some sectors, such as education, given more ambitious goals than before, while others had their ambitions scaled back and old goals ...
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
Training needed for tourist industry
Representatives of Cambodia’s booming tourism industry yesterday called on the Asian Development Bank to provide funding for workforce training in the sector. During the meeting at the Cambodia Chamber of Commerce, tour operator Ho Vandy, who also co-chairs the Tourism Working Group in the Government-Private Sector Forum, said representatives ...
Chinese language study surging in Cambodia
As China has risen to become the world’s second-largest economy and cemented close political and economic ties with the Kingdom, many people see advantages in speaking the language of their powerful northern benefactor. From 1994 to 2011, data from the Council for the Development of Cambodia show ...
Official Urges Students to Take Technical Studies to Find Work
A preference for NGO and government jobs among young Cambodians was contributing to a critical labor shortage in the industrial manufacturing sector, a Labor Ministry official said yesterday. Speaking to 3,000 prospective university students on Phnom Penh’s Diamond Island, Labor Ministry Secretary of State Pich Sophoan ...
Soft loan from Sweden
Sweden loaned Cambodia US$57 million yesterday for economic country development and cooperation for the duration of 2012-2013. The agreement was made between Cambodia’s Economic Minister Keat Chhon and Swedish ambassador to Cambodia Anne Hoglund at the Council for the Development of Cambodia (CDC) yesterday morning. Keat Chhon ...
May Kunmakara
http://www.phnompenhpost.com/index.php/2012090658528/Business/soft-loan-from-sweden.html
Youths seek to create jobs
With different talents but similar passions, Small World is a small enterprise that brings talented young Cambodians together to learn, work and network in the new world of business. Small World is a collaborative workplace created to ensure that young people passionate about business have access ...
http://www.phnompenhpost.com/index.php/2012083158396/Business/youths-seek-to-create-jobs.html
Hey, waiter!
While tourism numbers in Cambodia are growing rapidly, visitors might increasingly have a hard time finding a restaurant to their liking since the country is experiencing a shortage of qualified personnel, especially waiters and chefs, accordingly to the Cambodia Restaurant Association. “The tourism industry needs at ...
Public, Private Sector Air Concerns on Growth
A lack of economic diversity, faith in the banking sector and slow growth in vocational training and education topped the list of concerns among economists and investors yesterday at a meeting organized by the Asian Development Bank (ADB) and the government. According to data released ...
Daun Penh Vagrants Rounded Up Prior to Asean
Authorities in Daun Penh district rounded up more than 80 homeless people, drug users and prostitutes ahead of this week’s high-level meetings for Asean and regional delegates in Phnom Penh, a district official said yesterday. District governor Sok Sambath said that the 82 people rounded up ...
City to co-operate in all fields with Cambodia
HCM City plans further cooperation with Cambodia in all areas, including trade, healthcare, agriculture, and education and training, according to Le Hoang Quan, chairman of the city’s People’s Committee. The project to build the Cho Ray – Phnom Penh Hospital, with a capacity of 500 ...