Prudential has launched the PruMyHealth package to make access to quality medical treatment in Cambodia and the ASEAN region more affordable for more people in the Kingdom. PruMyHealth is available through consultants of Prudential, the largest life insurer in Cambodia in terms of claims approved and policies sold since inception. Out-of-pocket medical expenses in Cambodia reached $856 million as of 2018, reflecting the financial stress Cambodian households face upon unforeseen health and medical conditions. PruMyHealth is a medical reimbursement product designed to offer customers the choice of receiving medical treatment in Cambodia or other ASEAN country. PruMyHealth customers can select…
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US stock market indexes have, since the release of the July inflation report, garnered greater optimism from investors, now further driven by the current slowing of the Chinese economy, the world’s second biggest. The slowdown in Consumer Price Index (CPI) in July pushed the 12-month inflation rate to 8.5 per cent, down 0.6 per cent from the previous figure, according to the US Bureau of Labor Statistics. The result of the Federal Reserve raising its key interest rate to curb rising inflation also caused the main US stock indexes to increase sharply the day the CPI was released. For example,…
Urban Village and Factory Phnom Penh’s Weekend Market has become a popular new destination for Phnom Penh residents. This foodie hotspot has attracted thousands of locals, expats and tourists eager to hang out in an exciting new environment, taste interesting foods and shop for trendy products all in place. With more than 150 stalls in the indoor hall, Weekend Market offers tasty food and unique products, from Korean Tteokbokki and Taiwanese sausage, to the latest Thai cosmetics and trendy unisex fashions every Saturday and Sunday. Serving thousands of visitors each weekend, the captivating Weekend Market is located at Urban Village…
Metfone held a Handover Ceremony at the Ministry of Education, Youth and Sport on August 16, with the Kingdom’s leading telecommunications-digital technology services provider to supply 26 sets of cutting-edge videoconferencing systems. The event was presided over by Minister of Education HE Dr Hang Chuon Naron and Metfone general director Phung Van Cuong, as the top mobile operator furthers its commitment to assisting Cambodia’s learning sector. Dr Hang Chuon Naron expressed gratitude to Metfone for the tech rollout, with the systems set to streamline the ministry’s operations. “The handing over of the 26 sets of videoconferencing systems is really crucial…
After getting through the bootcamps, and “Hatch” and “Digithon” challenge activities, five teams have been selected to progress to the next stage of the SmartStart Young Innovator Program – Incubation and Internship. The SmartStart Young Innovator Program is now in its fifth edition. The SmartStart Young Innovator Program, initiated by Smart Axiata in collaboration with Impact Hub Phnom Penh, is Cambodia’s leading digital talent development programme identifying and nurturing the Kingdom’s future leaders in digital entrepreneurship. The initiative is part of Smart’s commitment to the Capacity Building Research and Development Fund, launched by the Ministry of Post and Telecommunications, and…
Starbucks lovers can enjoy delicious drinks at a discount when they order from Wingmall until August 19. American coffee giant Starbucks is now available on Wingmall, as the famous brand seeks to expand its digital sales in Cambodia. Starting today, customers can order from Starbucks outlets in Phnom Penh, Battambang, Siem Reap and Sihanoukville via Wingmall. In a perfect pairing, Starbucks and Wingmall share the same vision of making life better through convenient access to products and services. “Starbucks is a different company. Starbucks believes not just in celebrating coffee, but also in a human connection.Starbucks believes in making sure…
Metfone and Mineski Global signed a memorandum of understanding (MoU) on the development of e-sports in Cambodia on August 12, in the first and largest collaboration of its kind ever in the Kingdom. The event at the leading mobile operator’s headquarters in Phnom Penh was presided over by Metfone general director Phung Van Cuong and Ronald Robins, founder and chairman of Mineski Global, the specialists in operating and organising the No1 e-sports events in Southeast Asia. The signing of the MoU is not only a major development in terms of business, but also for the development of e-sports in Cambodia,…
Sathapana Bank, Manulife Cambodia, Station and Voltra jointly launched the “Green Mobility Event” on August 9 to promote sustainable living and celebrate “World EV Day”. Jean Pierre Gagnon, deputy CEO of Sathapana Bank, Yann Vaudin, CEO of Voltra, and Akihiro Kato, president of Cambodian Premier League football club Angkor Tiger, rode to Siem Reap on electric motorbikes to highlight the importance of sustainable mobility. The 335km joyride on Cambodian-made, 100 per cent electric Voltra Matrix bikes aimed, by showcasing their reliability, to encourage Cambodian people in taking steps to reduce pollution by using electric vehicles. “As a leading commercial bank…
Gold, its price generally inverse to the dollar, has seen bullish trends return since Monday after dramatically dropping from $1,790 per ounce to $1,774 last Friday. The August 5 non-farm job figures, according to the US Bureau of Labor Statistics, showed the number of employed people in July was 528,000, more than twice the forecast. This caused the XAU/USD – gold ounce to US dollar – trading pair to dip almost $20 in 30 minutes. On Wednesday, the safe-haven asset was hovering around $1,793 per ounce, testing the up price of $1,800. Chhea Chhayheng, PP Link Securities business manager, said…
Metfone and the Ministry of Environment on August 10 signed a memorandum of understanding (MoU) on the rollout of cutting-edge digital facilities at the ministry’s “Techo National Unity Building”. The “Signing Ceremony for the Memorandum of Understanding on the Cooperation in Digital Transformation between the Ministry of Environment and Metfone” was presided over by Minister of Environment HE Say Samal and Metfone CEO Phung Van Cuong. HE Van Monineath, director of Policy and Strategy at the Ministry of Environment, and Nhong Din Than, Metfone deputy director, were witnesses to the signing, at an event attended by representatives of Metfone and…