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NBC gives banks, MFIs greenlight to issue bonds

The National Bank of Cambodia (NBC) announced on Friday that local banks and microfinance institutions (MFIs) can now issue corporate bonds or list equity securities on The nascent Cambodian stock market, a move industry insiders claim will help financial institutions raise capital and be less ...

Hor Kimsay
http://www.phnompenhpost.com/business/nbc-gives-banks-mfis-greenlight-issue-bonds

S-21 marks UNESCO listing

July 31 marked the 12th anniversary of the listing of Tuol Sleng Genocide Museum Archive in UNESCO’s Memory of the World Programme. This year, it was observed virtually due to the Covid-19 pandemic. ...

Nov Sivutha
https://www.phnompenhpost.com/national-kr-tribunal/s-21-marks-unesco-listing

Ministry issues instructions for safe Pchum Ben, Kathen

The Ministry of Cults and Religions has issued instructions for The upcoming Pchum Ben and KaThen festivals that adhere to pandemic health measures in order to prevent The spread of Covid-19. ...

Mom Kunthear
https://www.phnompenhpost.com/national/ministry-issues-instructions-safe-pchum-ben-kathen

Cambodia tourism roadshow held in Philippines

With a more lenient COVID-19 safety and healthy protocols, Sok Sangvar, Under Secretary of State and Representative of Dr. Thong Khon, Minister of Tourism, underscored Cambodia’s recovery platform program as the country opens its door to international tourists for leisure or even for business. ...

Khmer Times Staff
https://www.khmertimeskh.com/501073255/cambodia-tourism-roadshow-held-in-philippines/

PM: Cambodia thankful for return of antiquities

Prime Minister Hun Sen commended Cambodia’s foreign partners for their cooperation in returning precious antiquities that were looted by unscrupulous dealers during the country’s darkest hours. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/pm-cambodia-thankful-return-antiquities

US companies urged to invest in Cambodia

Cambodia last week asked the United States to increase investments in the Kingdom, claiming that working conditions here have improved dramatically in recent years. the appeal was made by Commerce Minister Pan Sorasak in a meeting on Friday with US Ambassador Patrick Murphy. Mr Sorasak ...

Minister: Agribusiness ripe with opportunities

Minister of Agriculture, Forestry and Fisheries Dith Tina advised students studying economics at CamEd Institute to keep an open mind about what to study and which expertise to acquire, encouraging them to consider agribusiness. ...

Rann Reuy
https://www.phnompenhpost.com/business/minister-agribusiness-ripe-opportunities

Hun Sen: Cambodia has no law to require the government to send draft law to NGOs

Prime Minister Hun Sen said on Monday that the cabinet is not obliged by any law to seek suggestions from the civil society. the premier made comments at a graduation ceremony of Asia European University in response to non-government organizations which condemned the approval on April ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=YmM2YjYxMzIxNmU

Press Release on the halt of the operation of the National Democratic Institute

On 23 August 2017, the Ministry of Foreign Affairs and International Cooperation issued a press release to stop the operation of the National Democratic Institute (NDI) in Cambodia and to expel its foreign staff from the Kingdom within seven days after the official notification of ...

Ministry of Foreign Affairs and International Cooperation

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Daily silenced after 24 years

After 24 years of fiercely independent journalism, the Cambodia Daily will publish their final edition today due to an “exorbitant” $6.3 million tax bill levelled at them last month – an outcome critics say threatens Cambodia’s free press ahead of next year’s crucial national election. ...

Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/daily-silenced-after-24-years

Sub-Decree aims to better regulate pharmacies

Prime Minister Hun Sen has signed a sub-decree to better regulate pharmacies, a business fraught with fake drugs and fake diplomas. The new sub-decree of The Pharmacists’ Code of Ethics contains 71 articles. They ban distribution of fake drugs and The use of titles not ...

Kuch Naren
http://www.cambodiadaily.com/news/sub-decree-aims-to-better-regulate-pharmacies-55138/

Kids’ safety improving: report

Cambodia has improved overall in protecting children from abuse and exploitation, the United Nations’ first Committee on the Rights of the Child (CRC) found in a report released yesterday, but the Kingdom has to take greater strides to further safeguard children’s rights. ...

Sarah Taguiam
http://www.phnompenhpost.com/national/kids-safety-improving-report

First-ever FDI survey identifies $20B in capital inflow

Foreign direct investment (FDI) to Cambodia over a 20-year period – from 1994 to 2014 – is estimated to have reached $19.2 billion and was heavily weighed by inflows of capital from China, according to the first-ever comprehensive survey on FDI, released yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/first-ever-fdi-survey-identifies-20b-capital-inflow

Techo Sen Institute offers digital scholarships

The Techo Sen Institute (TSI) – run by The Ministry of Public Works and Transport – and The Cambodia Academy of Digital Technology (CADT) under The Ministry of Post and Telecommunications have announced plans to offer a number of scholarships to high school graduates. ...

Hong Raksmey
https://www.phnompenhpost.com/national/techo-sen-institute-offers-digital-scholarships

Legal policy on marginalised groups finished by gov’t, EU

Ministry of Justice and the European Union (EU) experts have finalised the draft policy to provide legal aid to marginalised groups in rural areas in the Kingdom. the ministry and the EU completed the draft during their Technical Support for Legal Aid Policy Development workshop ...

Voun Dara
https://www.phnompenhpost.com/national/legal-policy-marginalised-groups-finished-govt-eu

‘Ninety-nine oknha in army’

A senior military official said on Sunday that the Ministry of National Defence had found almost 100 military personnel with the title “oknha”. He told the Post that the ministry was preparing procedural formalities to enable the oknha to choose between keeping the honorific or ...

Mech Dara
https://www.phnompenhpost.com/national/ninety-nine-oknha-army

New NBC guidelines on financial institutions

The National Bank of Cambodia (NBC) has requested financial institutions to reduce credit-related fees and lift fines until The end of December 2020, according to a letter it wrote. ...

Sok Chan
https://www.khmertimeskh.com/50717330/new-nbc-guidelines-on-financial-institutions/

MFI credit risk relatively low, NBC’s Serey says

On the basis that non-performing loans stood around 2.3 percent as of August 31, 2020, credit risk in the microfinance sector remains relatively low, said National Bank of Cambodia assistant governor and director-general Chea Serey. ...

Sangeetha Amarthalingam
https://www.phnompenhpost.com/business/mfi-credit-risk-relatively-low-nbcs-serey-says

Gov’t to exempt patent tax for online press

The Royal Government of Cambodia (RGC) has agreed to exempt patent tax for small online press institutions as well as reduce 50 percent of The registration fee to The new press united in The Ministry of Information (MoI) for The next five years, said a ...

Nhean Chamrong
https://www.khmertimeskh.com/501398047/govt-to-exempt-patent-tax-for-online-press/

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