Micro-insurance access urged
Cambodia’s finance sector should increase insurance accessibility to its smallest lenders to help protect against indebtedness at times of disaster, an industry expert said at a conference in Phnom Penh yesterday. Speaking at the Hotel Cambodiana to an audience of industry representatives on rural entrepreneurship, Jaime ...
Hor Kimsay and Daniel de Carteret
http://www.phnompenhpost.com/business/micro-insurance-access-urged
Environment Minister Denies Hardship at Tourism Project
The Minister of Environment has countered a rights worker’s claim that villagers relocated to make way for a Chinese-backed mega-tourism project in Koh Kong province lack proper access to medical care. About 1,100 families have been forcibly evicted from their coastal villages in Botum Sakor National ...
Camcontrol may leave border
Prime Minister Hun Sen recently unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. At a dinner with 5,000 Cambodian journalists on Friday, ...
Hor Kimsay
https://www.phnompenhpost.com/business/camcontrol-may-leave-border
Charity assists thousands in Cambodia
An education program in Cambodia founded by a Taiwanese charity has benefited nearly 10,000 Cambodians over the past five years, which is comparable to a modern equivalent of the famed agricultural missions dispatched by the Taiwanese government to aid diplomatic allies in the 1960s. The ...
Chen Ping-hung
http://www.taipeitimes.com/News/taiwan/archives/2015/12/01/2003633762
India pledges $50,000 to ECCC
The government of India announced yesterday that it will give $50,000 to the Extraordinary Chambers in the Court of Cambodia (ECCC), the tribunal tasked with the prosecution of the country’s former Khmer Rouge commanders. “On behalf of the ECCC we would like to express our gratitude ...
Safiya Charles
http://www.khmertimeskh.com/news/29660/india-pledges--50-000-to-eccc/
Japanese Hospital Opens for Tourists
At the unveiling of the new Japanese-owned Sunrise Hospital in Phnom Penh, Prime Minister Hun Sen said that such tourist-focused medical facilities would boost confidence in visitors and investors to Cambodia. Mr. Hun Sen described the $35 million hospital in Chrouy Changvar district, which on its ...
Sok Chan
http://www.khmertimeskh.com/news/29972/japanese-hospital-opens-for-tourists/
Move-out begins at White Building; no official deadline set
As residents began to move out of Phnom Penh’s iconic White Building on Tuesday, government officials were also present, handing out documentation to those leaving while microfinance staff offered their services.While some residents piled their possessions into trucks or blocked narrow hallways with unwanted goods, ...
Brendan O’byrne
https://www.cambodiadaily.com/second2/move-begins-white-building-no-official-deadline-set-131081/
Sumimoto Mitsui sins agreement with Acleda
One of Japan’s biggest banks, Sumimoto Mitsui Banking Corporation (SMBC) signed agreement with Acleda Bank to share market data and banking services. The deal will give Japanese investors information on the economy and offer other banking services and is aimed at improving bilateral trade and investment. The deal would ...
CIMBT expands intra-Asean ATM service
CIMB Bank Thai (CIMBT) clients will one day able to use ATMs for financial transactions anywhere in Asean. The regional linkage of ATMs is aimed at improving service and cost efficiency as a part of the CIMB Group’s regional strategy. Executive vice-president Dusanee Klewpatinontha said Cambodia has ...
http://www.bangkokpost.com/business/economics/312275/cimbt-expands-intra-asean-atm-service
National Electricity Provider Warns of Dry-Season Power Cuts
The national electricity provider has warned residents in Phnom Penh and in Kompong Speu and Kandal provinces to expect power outages in the coming months as supply would likely fall short of demand throughout the dry season. In a statement issued Friday, Electricite du Cambodge (EdC) ...
http://www.cambodiadaily.com/news/national-electricity-provider-warns-of-dry-season-power-cuts-6384/
ACLEDA Bank Plc. Extends Mobile Financial Services to New Segments with Mobiliti Reach from Fiserv
A leading global provider of financial services technology solutions, today announced that ACLEDA Bank Plc. (ACLEDA), the largest bank in Cambodia, has extended its ACLEDA Unity mobile banking and payments service to new, untapped consumer segments using Mobiliti Reach™ from Fiserv. The bank, which has ...
http://www.dailyfinance.com/2012/10/28/acleda-bank-plc-extends-mobile-financial-services-/
Minorities Choosing Private Over Communal
Though they held out hope for years that they would get communal land titles, hundreds of ethnic minority families in Mondolkiri and Ratanakkiri provinces have now opted to accept individual private land titles under Prime Minister Hun Sen’s new titling scheme. While individual titles offer immediate ...
BK evictees lose battle on plot size
Fourteen families evicted from Boeung Kak were left disappointed again yesterday when Phnom Penh’s governor ignored their calls to increase the size of land plots authorities had offered them. During a three-hour meeting, Governor Pa Socheatvong held firm on a 2011 decision that the families would ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/bk-evictees-lose-battle-plot-size
Cambodia's solar solution
Australia-based energy company Star8 officially launched operations on Friday at its solar-powered factory just outside of Phnom Penh. The ceremony marked the commencement of production on solar-powered tuk-tuks, the mainstay of the company. Hun Many, the youngest son of Premier Hun Sen, and Alison Burrows, the Australian ...
David Boyle and Koam Chanrasmey
http://www.phnompenhpost.com/video/cambodias-solar-solution
PPSP says shares are ‘undervalued’ in buyback
The industrial park operator Phnom Penh Special Economic Zone (CSX: PPSP) believes its falling share price now offers a good investment as the board proposed its share buyback plan to the regulator yesterday. ...
Harrison White
https://www.khmertimeskh.com/50793013/ppsp-says-shares-are-undervalued-in-buyback/
Cambodian mangoes now gaining popularity across Russian markets
Cambodian mangoes are gaining popularity across Russian markets offering a boost to the Kingdom’s agricultural sector, according to a representative of an agriculture firm that exports Cambodian mangoes to Russia and Central Asia. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501427846/cambodian-mangoes-now-gaining-popularity-across-russian-markets/
CPP secure 504 provincial council seats, KWP take 47
The ruling Cambodian People’s Party (CPP) claimed an overwhelming 504 of the 559 capital/provincial council seats on offer in the May 26 elections. ...
Ry Sochan
https://www.phnompenhpost.com/national/cpp-secure-504-provincial-council-seats-kwp-take-47
Senator Ly Yong Phat’s Family Given Preah Sihanouk State Land for Tourism Development
The Cambodian government has granted a 600-hectare concession to the family of notorious tycoon Ly Yong Phat, whose sugarcane concessions have been at the center of human rights violations. ...
Oreang district administration is continuing to find the perpetrators that cleared more than 50 hectares of state forest
Experts are continuing to search for the identity of the perpetrators that cleared forest land in the protected area in Mondulkiri province to file the case to the court. ...
Khouth Sophak Chakrya
https://www.postkhmer.com/national/2023-03-21-0838-248224.html
Cambodia ranked ninth most at risk for disasters
Cambodia was ranked the ninth most at risk country of being exposed to natural disasters out of 173 countries surveyed in a new report by the UN University’s Institute for Environment and Human Security A UNDP report released in August supported the World Risk report’s findings ...