Shrewsbury International School Phnom Penh is expanding its scholarship programme to include three distinct areas – Academic, Performing Arts, and Sports and Swimming. The premium British school will hold auditions and assessments on May 6 for children who have the potential to secure a scholarship. The school plans to build more scholarship programmes in the future, for example, focusing on developing expertise in the STEAM subjects – science, technology, engineering, the arts and mathematics. Founding Principal Toby Waterson explained the school’s motives for implementing these programmes. “The scholarship programme aims to match the quality of the educational programme to children…
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At the 32nd ASEAN Summit in 2018, Siem Reap – one of the most attractive tourism cities in Cambodia – was selected as an ASEAN Smart Cities Network (ASCN) Pilot City. And JICA has collaborated with the Siem Reap Provincial Administration since 2020 towards “Smart City” realisation. In May 2022, the “Project for Implementation of Smart City Approach to Solve Urban Issues in Siem Reap” was launched as a JICA technical cooperation project. The “Smart City Approach” is a concept that seeks to solve various urban issues by utilising smart technologies with appropriate urban management and residents’ trust in the…
With business activities having an impact on people, society and the environment, it is important for companies to put an emphasis on corporate social responsibility to ensure sustainable development. The company provides a variety of food products for cooking demonstrations. PHOTO SUPPLIED Over the years, CP Cambodia – a subsidiary of Charoen Pokphand Foods (CPF) – has utilised remarkable concepts in developing sustainable business practices, said Kittiphop Thirachotikun, Assistant Vice-President of the Sustainable Development Department at CP Cambodia. “At CPF, we drive sustainable development under the ‘CPF 2030 Sustainability in Action’ strategy. “The strategy was developed from our ‘Three Pillars…
In mid-March, the price of gold rose sharply from $1,830 to $1,914 per ounce. The opening price was $1,903.66 per ounce on Wednesday, equivalent to $2,293 per tael. Last week, three main US employment indicators for February were released, pushing up gold from a day low of $1,827.14 per ounce to a closing price of $1,866.99. The disappointing jobs data also meant there was a lack of positive factors in the US economy to support its currency. Average Hourly Earnings data was at 0.2 per cent, 0.1 per cent down compared to the previous month, while the Non-Farm Employment Change…
Sovannaphum Life Assurance Plc has teamed up with Lady Saving Group to turn its corporate social responsibility (CSR) into the perfect platform to showcase the company’s dedication to empowering women entrepreneurs by providing micro-loans to expand their businesses. Sovannaphum Life celebrated International Women’s Day on March 8 by hosting the “2023 Women Run 10K” – part of the company’s flagship CSR project for this year. The run – themed “Women in Leadership” – was organised by the National Olympic Committee of Cambodia and sponsored by Sovannaphum Life. Sovannaphum Life has pledged to contribute 4,000 riel for each registered runner to…
The price of gold reversed from a lower support zone of around $1,808 per ounce to $1,894 per ounce this Monday. “Gold prices hit a one-month high on Monday, recovering sharply from recent losses as markets bet that a burgeoning banking crisis in the US will push the Federal Reserve into softening its hawkish rhetoric in the coming days. “The dollar fell sharply against a basket of currencies, while an inversion in the yield curve lessened after the failure of Silicon Valley Bank saw markets reassess their outlook for US interest rates, as US regulators rushed to restore faith in…
Wing Bank celebrates first anniversary as commercial bank with launch of brand-new branch. One year since officially launching with a commercial banking licence, Wing Bank on March 14 launched a new branch in front of Orkide The Royal along Street 2004. The launch was presided over by HE Rath Sovannorak, Assistant Governor and Director General of Banking Supervision at the National Bank of Cambodia, Lok Chumteav Hun Mana, Neak Oknha Kith Meng, Chairman of Wing Bank and the CEO of the Royal Group of Companies. The glittering opening ceremony was attended by a number of other esteemed dignitaries. A year…
In January, the price of gold saw a continued rally from its major support zone of $1,617 per ounce in early November 2022 to a high of $1,959.57 in early February. On the gold price charts of trading platforms – particularly the Meta Trader 5 of PP Link Securities (PPLS) – the whole of January saw a bullish trend, with an opening price of $1,826.30 before closing at $1,949.88. The markets back then foresaw no further interest rises by the Federal Reserve, with rates expected to be kept steady throughout 2023, before a loosening of its tightened monetary policy at…
The 2023 Women Run 10K – with the theme “Women in Leadership”– held to celebrate International Women’s Day on March 8 –saw hundreds of delighted runners cross the finish line in front of Phnom Penh’s Wat Botumvatey Park. More than 1,500 people took part in the event, which was organised by the National Olympic Committee of Cambodia (NOCC) in collaboration with Sovannaphum Life Assurance. The medal ceremony was presided over by HE Vath Chamroeun, secretary-general of the NOCC, Lok Chumteav Koy Pisey, secretary of state at the Ministry of Tourism and head of the women and sport commission, and Sovannaphum…
Prudential Cambodia – one of the largest life and health insurers in the Kingdom – is celebrating the 10th anniversary since its establishment in 2013. Over the past decade, the company has delivered strong results in financial protection, digital innovation and corporate social responsibility, making a significant impact on thousands of Cambodian families. To date, Prudential Cambodia has approved more than $18 million in claims, serving over 321,000 customers with more than $250 million in assets under management, the largest in the market. To address common barriers to insurance purchase in Cambodia, such as cost and convenience of purchase, Prudential…