Day: October 14, 2021

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COVID-19: 268 New Cases Bring Tally to 115,875

Cambodia this morning reported 268 new cases of COVID-19; bringing the national counts to 115,875, according to a press release of the Ministry of Health.
Of the new infections, 24 were imported and the rest were linked to the Feb. 20 community outbreak, it pointed out, stressing that they are PCR test results.
Meanwhile, the same source added, there were 359 new recoveries, but 25 new deaths; the total cured and death cases in the Kingdom therefore jumped to 109,655 and 2,584, respectively.
The first COVID-19 case was detected in Cambodia in late January 2020 in Preah Sihanouk province. The confirmed cases have surged quickly this year due to the Feb. 20 incident.

Source: Agency Kampuchea Press

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CDC Approves US$3.3 billion worth Investment Projects in First Three Quarters

The Council for the Development of Cambodia (CDC) approved a total of 134 investment projects with a cumulative investment amount of US$3.3 billion in the January-September period.
Number of investment projects decreased by 24 percent compared to the same period last year and the total investment capital dropped by 48 percent, according to a CDC’s report.
The approved investment projects generated about 85,572 jobs.
Of the projects, 101 with US$1.4 billion investment capital are located outside the special economic zones (SEZs) and 33 others worth US$1.9 billion are situated inside the SEZs.
Last year, CDC granted licences to 238 investment projects with a total registered capital of US$8.2 billion.

Source: Agency Kampuchea Press

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Cambodia Establishes Digitalised Manufacturing Centre

The Royal University of Phnom Penh (RUPP) establishes the first ever centre of digitalised manufacturing aiming to contribute to producing high‐capacity resources and training programmes in the field of digital manufacturing at top level quality and precision.
Named Cambodia-Japan Digitalised Manufacturing Centre, it received support from Japanese government.
The Japanese government, through the Embassy of Japan in Cambodia, has provided approximately 500 million yen (US$4.5 million) in support of the centre located at RUPP.
The grant was announced at a press conference here on Oct. 14 under the chairmanship of H.E. Dr. Mey Kalyan, Chair of Board of Trustees of RUPP, H.E. Mikami Masahiro, Ambassador of Japan to Cambodia and H.E. Chet Chealy, Rector of RUPP.
The Royal University of Phnom Penh has partnered with the Japanese-German joint venture DMG-MORI, the world’s number one company in the production of state-of-the-art CNC machines in its curriculum.
Private sectors such as hi‐tech companies operating in PPSEZ like Minebea and Denso are also joining in the project.
The centre implements the well-known model of innovation which promote University-Industry-Government collaboration triangle to foster economic and social development as it support as complete production chain starting from knowhow to final product.
Graduates are expected to work at high‐tech collaborative companies in short‐term.
In the future, they will also play a key role in supporting other industries in the country to shift toward a new revolutionised smart digital manufacturing, thus upgrading the manufacturing sector, and eventually uplifting the country’s economic structure as a whole.

Source: Agency Kampuchea Press

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Administrative Measures Extended, But Many Businesses Excuded from Restrictions

Phnom Penh municipal administration has decided to continue its administrative measures for two more weeks, from Oct. 15 to 28, in order to combat and prevent the spread of COVID-19, especially the Delta variant.
According to the new directive issued this evening, high-risk occupational and business activities such as cinemas, KTVs, nightclubs, beer gardens and all kinds of entertainment businesses have to temporarily shut down for 14 more days.
Moreover, private gatherings of over 50 people will also be prohibited during the same period, but with some exceptions, it added.
Occupational and business activities and gatherings that are not restricted must carry out the health safety rules strictly, the directive underlined.
As of today, Cambodia’s COVID-19 tally rose to 115,875 of which 19,285 have been imported. The pandemic has so far claimed 2,584 lives, but 109,655 have recovered.

Source: Agency Kampuchea Press

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Jazz’s Corporate Customers Can Now Avail Specialized Insurance by MicroEnsure

NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) — MicroEnsure (part of Micro Insurance Company), a global provider of digital insurance products, and Jazz Business, one of the largest B2B solutions provider in the nation, have entered into an industry-first strategic partnership, to provide tailored insurance products at specialized rates to Jazz’s corporate customers.

Under the partnership, customized insurance packages will be offered to Jazz’s corporate clientele and delivered through completely digital processes. Businesses can sign their employees up for these insurance plans, mitigating the financial risk of unforeseen hospitalization due to accident or sickness. With affordability being the utmost priority, the partnership is particularly beneficial to industries with a majority of blue-collar workers.

“The year 2020 was riddled with uncertainty, and it redefined the need for insurance protection products,” said Ali Naseer, Chief Business Officer at Jazz. As the only telecom offering insurance products for its corporate customers, we’re proud to partner up with MicroEnsure – a company that echoes our sentiments on the importance of digital-based processes. We look forward to a collaborative partnership that will benefit those who need it the most.”

Appreciating the partnership as a major step towards the goal of reaching out to tens of millions of uninsured and under-insured Pakistanis, Rehan Butt, MicroEnsure Pakistan CEO remarked:

“Jazz with its massive outreach is in a strong position to change the insurance fabric in Pakistan and we are excited that we have been provided with a great opportunity through this partnership to take insurance products to scores of Jazz Business customers, majority of whom are yet to experience their first-ever insurance product. MicroEnsure and its Group the Micro Insurance Company aim at providing a real digital experience to our customers characterised with a simple sign-up process and an equally simple and no quibble claim process.”

About MicroEnsure:

MicroEnsure is a part of the Micro Insurance Company Group which aims to provide insurance products and services to billions of un and under-served individuals and businesses across Asia, Africa and then Americas. The Group is the first global end-to-end digital micro-insurance provider that combines reinsurance capacity, in-country insurance licenses, world-class distribution and market-leading AI functionality to address this large market globally by providing an insurance platform that is capable of assuming various types of micro transactional insurance risks. For more details, please contact Rehan Butt at rehan.butt@microensure.com or visit www.microinsurance.com

About Jazz:

Jazz, Pakistan’s number one 4G operator and a leading digital service provider with over 67 million subscribers including 25 million 4G users. By providing the most extensive portfolio of digital value-added services, Jazz continues to be the country’s undisputed telecom leader.

About Jazz Business:

With 360-degree ICT Solutions covering Mobility, M2M, and Cloud services, Jazz Business is a ‘One Window’ Solutions provider to fully customizable B2B services. It is currently serving over 25,000 companies with smart communications and connectivity solutions to operate more efficiently and collaborate more effectively.

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