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Welcome to LIFT issue 7

Welcome to LIFT issue 7

When people think about business, they think about money. While the social value of other careers may be greater than that of a business person, money provides security, stability and power in a capitalist society such as Cambodia and, therefore, a disproportionate number of students today are pursuing business as their career. However, having an MBA or a business degree does not guarantee financial success; in fact, as we discuss in this issue, it doesn’t even guarantee a job.

As with other careers, it is your personal motivation and skill set that will make you an attractive employee, not only your degree. In the 8th issue of Lift, we talk to prominent entrepreneurs who share their stories and advice, as well as some up-and-coming business people who share their ideas and enthusiasm for innovation.

While the growth of the Cambodian economy has slowed in the past two years, it will surely begin rolling again as the world recovers from the global economic crisis. Business opportunities will not come knocking at your door, but if you prepare yourself for success, there are surely opportunities to be found.


  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Government approves plan to relocate Phnom Penh’s airport

    The government has signed off on a proposal to build a new airport to serve Phnom Penh and has earmarked land in Kandal province for the $1.5 billion project. A new international airport to replace the existing Phnom Penh International Airport will be constructed on partially

  • American convicted of raping boy, 10, in Siem Reap

    A 79-year-old American man was sentenced to one year in prison for raping a 10-year-old boy by Siem Reap Provincial Court on Wednesday. John Paul Zollbrecht, of Washington state, was sentenced to one year in prison while a Cambodian man who helped facilitate the abuse, 23

  • PM derides talk of government affairs, hinting phone records could reveal all

    Prime Minister Hun Sen on Sunday night told Cambodia’s starlets to either name their high-profile government lovers or keep quiet, telling a room full of journalists he did not want to be tarred with the same brush. Addressing more than 3,400 people at the second