The UK-based Shrewsbury School is proud to bring British educational standards to Cambodia in an effort to contribute to the fast development of the sector and upscale the Kingdom’s education system to be competitive with the regional and global levels. With its admissions team accepting applications for enrolment, Shrewsbury International School Phnom Penh will offer a level of educational provision and pupil experience unrivalled in the country at present. The UK school won the much sought-after Best Independent School of the Year Award in 2020. And the question that can be asked at this juncture is: “What makes British education…
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The European Union continues to emerge as the world’s climate trailblazer. Every year in the lead up to Conference of the Parties (COP27), EU delegations and embassies of EU Member States around the world hold various events to foster dialogue and cooperation on climate change, showcase success stories, and inspire further action. This year, the EU delegation to ASEAN is preparing a series of events to be held from 25 to 31 October 2022. The EU-ASEAN Climate Diplomacy Week was kicked off on 25 October 2022 along with the launch of the Philippines Climate Diplomacy Fair. Designed for young and…
French pharmaceutical innovator Bailly Creat – which has been distributing its products in the Kingdom for nearly four decades – is expanding its market by introducing more of its medicines to Cambodia. Bailly Creat on October 26 launched its Ibuprofen, Desloratadine, and Amoxicillin + Clavulanic Acid products in the Kingdom through its distribution partner Zuellig Pharma, one of the largest healthcare services groups in Asia. Patrick Choay – the CEO of the Patrick Choay Group, which has owned Bailly Creat since 1996 – launched the new products and donated medicine to the Cambodian Red Cross and the Samdech Techo Voluntary…
Starting this week, oil traded sideways from its prior low of $82.62 per barrel to a previous high of $85.98 as traders continued to balance weaker demand prospect against constricted supplies of crude. After trading within a narrow three-dollar range for four consecutive days, crude oil prices remained near $85 per barrel, with further demand signals awaited ahead of likely reductions in supply. “Since late September, crude prices have been bouncing in a range of about $17 as traders weigh interest rate hikes that menace economic growth against planned output cuts from the Organization of Petroleum Exporting Countries and its…
PP Link Securities (PPLS) achieved remarkable successes at the Cambodia Stock Market Exhibition – organised by the Cambodia Securities Exchange (CSX) from October 21-23 – recording impressive figures for market participation and new trading account openings. With 730 trading account openings over the three days of the event – amazing results for both the company and overall market growth – PPLS enrolled many new investors, further establishing itself as Cambodia’s most outstanding securities broker. PPLS proudly joined as a gold sponsor of the Cambodia Stock Market Exhibition – themed “My First Stock 2022” – which was held at Aeon Mall…
Hanuman Beverages Co, Ltd officially held its grand opening in a ceremony presided over by HE Lieutenant General Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces, with Lok Chumteav Khieu Sarsileap, Founder and Chairwoman of Hanuman Beverages, offering the warmest of welcomes to those present. HE General Moeung Ponlork, deputy director-general of the General Department of Logistics and Finance at the Ministry of National Defence, was also in attendance, as were company senior management and other distinguished guests. The event was held on October 22 at the Hanuman Beverages factory, located on National Road 4, in Chhak Chhoeu…
ABA Bank, the largest Cambodian commercial bank by total assets, gross loans, customer deposits and profitability based on the National Bank of Cambodia’s Annual Supervision Report 2021, introduced a Fixed Deposit account with life and accident insurance from Manulife to offer the benefits of saving with a competitive interest rate and free insurance coverage. ABA customers who open a 1-year Fixed Deposit account over the counter or through the ABA Mobile app will get instant insurance protection from Manulife Cambodia in case of death and total disability equal to the amount of their Fixed Deposit (capped at 50,000 USD or…
Marking World Mental Health Day, TikTok unveils updates to its Digital Wellness Hub and launches new videos providing useful tips. TikTok, marking World Mental Health Day this week, is reinforcing its commitment to fostering a safer space for mental health conversations with its latest in-app campaign, “Mental Well-Being Comes First”, and new updates to the Digital Wellness Hub. Kyu Kyu Thein, public policy manager, Cambodia at TikTok, said the moves underscored the need for greater mental wellness support ecosystems among people over 18. “While significant strides have been made to cultivate more robust mental health support systems, it is clear…
As of Thursday, the price of gold increased by around 0.1 per cent, moving up to $1,673 per ounce, appearing to stabilise after fluctuating somewhat the previous day. However, with the US Federal Reserve utilising tools to tighten its monetary policy to further tackle rising inflation, the gold market is still under pressure, said PP Link Securities business manager Chhea Chhayheng. Kitco News’ Neils Christensen on Wednesday reported: “Although the US central bank sees growing downside risks to the economy, the minutes of the September monetary policy meeting show that the committee remains focused on bringing inflation down by raising…
The price of crude oil had dropped almost 40 per cent, lingering in a bearish trend since June with investor concern over supply and demand, as well as fears over a global economic slowdown, aggressive US interest rate hikes and China’s zero Covid-19 policy. According to the MetaTrader 5 (MT5) on PP Link Securities’ (PPLS) price chart, the price of crude oil fell from a June high of $123.65 per barrel to September’s low of $76.25. This week, crude oil was trading on an uptrend, with a Wednesday high of $88 per barrel. The rally started as the Organization of…