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GDP calls for public disclosure on Tamouk Lake development

The Grassroots Democratic Party (GDP) has urged the relevant ministries and institutions, especially the government, to present the blueprint for the development of Tamouk Lake to the public and to respect the rights of those living along it. ...

Hang Punreay
https://www.khmertimeskh.com/501154472/gdp-calls-for-public-disclosure-on-tamouk-lake-development/

Conference throws spotlight on key role of banks

The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...

Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks

Southern Vietnam put on bird flu alert after Cambodia outbreak

The Pasteur Institute in Ho Chi Minh City has sounded a bird flu alert to southern localities after more than 10 human cases were reported in Cambodia, including two deaths. ...

Khmer Times Staff
https://www.khmertimeskh.com/501245455/southern-vietnam-put-on-bird-flu-alert-after-cambodia-outbreak/

VENG Seang Hai

Managing EditorVENG Seang Hai has joined Open Development Cambodia (ODC) since 2023 in the role of Managing Editor, providing both operational and technical assistance to the Executive Editor/Editor-in-Chief and to the ODC team as a whole. He works closely together with ODC’s Editors team to ...

World Bank Report Says Few Cambodians Using Bank Accounts

Only 3.7 percent of Cambodia’s 14 million people have bank accounts with a financial institution, while less than 1 percent of those with an account are actually using them to save money, according to a World Bank report released Tuesday. Though the World Bank’s Global Financial ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/world-bank-report-says-few-cambodians-using-bank-accounts-46844/

NAY Maneth

Communications ManagerManeth manages social media platforms, designing, and programs of Open Development Cambodia (ODC). He is also in charge of other internal and external communications.Maneth graduated from the Institute for International Studies and Public Policy, RUPP, with International Relations major and completed his exchange study ...

US supports $2.7m in loans for agriculture

The US government is working with a Cambodian microfinance institution to finance $2.7million in loans to farmers and small- and medium-sized agro-businesses in Battambang, Kompong Thom, Pursat and Siem Reap provinces in order to improve their access to credit, the US Embassy said. USAid will work ...

NGOs ordered to retract MFI report

The government yesterday ordered two NGOs to retract a critical report on the negative impacts of microloans after summoning their representatives for a meeting to defend their research. The report, published last month by Licadho and Sahmakum Teang Tnaut, featured seven case studies of abuse chosen ...

Khuon Narim
http://Khuon Narim

Potholes on a path to progress

Cambodia marginally improved its global competitive ranking this year, moving up five spots to place 90th out of 144 nations surveyed, with weak public institutions and lack of innovation continuing to affect its economic progress, according to a newly released World Economic Forum report.The Global ...

Ananth Baliga
http://www.phnompenhpost.com/business/potholes-path-progress

Will move to cap microfinance interest rates backfire on CPP?

The ruling CPP doubled down on Tuesday on its decision to cap interest rates on microfinance loans as a way to help the poor get out of debt, even as analysts called it a political move that would have long-term negative effects on the rural ...

Hang Sokunthea and Matt Surrusco
https://www.cambodiadaily.com/news/will-move-to-cap-microfinance-interest-rates-backfire-on-cpp-126564/

Democratization in Cambodia in retreat following violent 2013

Democracy is in retreat since July’s national election as the ruling CPP has increasingly used armed forces to protect its grip on power and stubbornly refused to reform state institutions, the Committee for Free and Fair Elections in Cambodia (Comfrel) said in a new report ...

Lauren Crothers
http://www.cambodiadaily.com/news/democratization-in-cambodia-in-retreat-following-violent-2013-56145/

PM says BRICS bank to ease dependency

Prime Minister Hun Sen yesterday applauded the recent creation of the BRICS New Development Bank (NDB), saying it could ease Cambodia’s dependence on institutions such as the World Bank and the International Monetary Fund (IMF). BRICS member nations Brazil, Russia, India, China and South Africa announced ...

May Kunmakara
http://www.phnompenhpost.com/business/pm-says-brics-bank-ease-dependency

Development bank delivers $245mn to agri-sector producers, exporters, SMEs

A senior executive of the state-owned Agriculture Rural Development Bank (ARDB) said the financial institution has released $245 million to rice millers and exporters, the livestock sector and small and medium enterprises (SMEs) in the agriculture sector. ...

Sok Chan
https://www.khmertimeskh.com/50802809/development-bank-delivers-245mn-to-agri-sector-producers-exporters-smes/

UN rolls out fund for women-led firms

Cambodian women-led fintechs, technology or regulated financial institutions are among the enterprises eligible for the recently-launched Women Enterprise Recovery Fund to promote and expand their businesses, according to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP). ...

May Kunmakara
https://www.phnompenhpost.com/business/un-rolls-out-fund-women-led-firms

‘Stop COVID’ QR Code takes off

More than 1,900 public and private institutions, restaurants, hotels and factories were registered to implement a QR Code “Stop COVID” to increase the efficiency and speed of prevention and control of the spread of the COVID-19 virus. ​ ...

Tith Kongnov
https://www.khmertimeskh.com/50816331/stop-covid-qr-code-takes-off/

The Ministry of Education in collaboration with POSCAR DIGITAL Co., Ltd. announces the launch of the "Wiki School" digital school system

The Ministry of Education, Youth and Sports, through the National Institute of Education, in collaboration with Poscar Digital on August 31, announced the launch of digital school system “Wiki School” to help digital school management, learning and teaching. ...

Voun Dara
https://www.postkhmer.com/national/2021-08-31-1039-222720.html

Hun Sen wary of new variants past Omicron

Prime Minister Hun Sen expressed his concerns about the ability of the coronavirus to mutate into new strains other than Omicron, and urged the relevant institutions to monitor its mutation. ...

Mom Kunthear
https://www.phnompenhpost.com/national/hun-sen-wary-new-variants-past-omicron

NBC receives 306 financial complaints last year

The National Bank of Cambodia (NBC) received 306 cases of complaints and enquiries from consumers of services provided by banks and financial institutions through its hotline numbers in 26 cities and provinces in 2022. ...

Kang Sothear
https://www.khmertimeskh.com/501225198/nbc-receives-306-financial-complaints-last-year/

OJK, Cambodia’s FSA enhance collaboration in financial supervision responsibilities

The Indonesian Financial Services Authority, commonly known as OJK, has joined forces with its Cambodian counterpart to bolster the supervision of non-bank financial institutions and contribute to the stability of the global financial system. ...

Khmer Times Staff
https://www.khmertimeskh.com/501339466/ojk-cambodias-fsa-enhance-collaboration-in-financial-supervision-responsibilities/

IMF, ECB, global banks laud Chea Serey as NBC chief

A multitude of international financial institutions and central banks have congratulated and expressed confidence over Chea Serey’s appointment as governor of the National Bank of Cambodia (NBC), acknowledging her expertise and qualification to develop the Kingdom’s banking sector. ...

May Kunmakara
https://www.phnompenhpost.com/business/imf-ecb-global-banks-laud-chea-serey-nbc-chief

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