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‘Fintech playing key role in financial inclusion efforts’

The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501399932/fintech-playing-key-role-in-financial-inclusion-efforts/

Render justice on wing star union’s chief, CATU urges Kampong Speu court

About 40 trade union representatives and members of the Cambodian Confederation of Trade Unions (CatU) gathered at Chea Chan’s trial at the Kampong Speu Provincial Court, with banners on Wednesday, demanding his release. ...

Sovann Sreypich
https://cambojanews.com/render-justice-on-wing-star-unions-chief-catu-urges-kampong-speu-court/

WHO to continue strengthening cooperation with Cambodia

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, received here at the Peace Palace yesterday visiting Dr. Saia Ma’uPiukala, Regional Director for the Western Pacific at the World Health Organisation (WHO). ...

Khmer Times Staff
https://www.khmertimeskh.com/501509993/who-to-continue-strengthening-cooperation-with-cambodia/

Ministry to create more communities to protect forest

The Ministry of Environment plans to establish at least 10 additional natural resource protection communities by year-end and in subsequent years to improve the livelihoods of communities and contribute to prevention of forest crime at the local level.​ ...

Hang Punreay
https://www.khmertimeskh.com/501440112/ministry-to-create-more-communities-to-protect-forest/

Floods force GDP revision

Cambodia has lowered its economic growth projection from 7 to 6 per cent for 2011 after more than a month of flood devastation in the Kingdom and continued economic turmoil in the United States and Europe, Deputy Prime Minister Keat Chhon said yesterday. The full impact ...

http://www.phnompenhpost.com/index.php/2011101252083/Business/floods-force-gdp-revision.html

Inflation Hits 7.1 Percent in June, Officials Say

Inflation reached 7.1 percent in June compared to the same month last year as consumer prices continued to rise in Cambodia, an official at the Ministry for Planning said yesterday. The release of the inflation figure comes after officials and the ministry said earlier this ...

http://www.camnet.com.kh/cambodia.daily/

Warrant sought for shooter

The Ministry of Interior has sought a warrant for the suspect who shot three people at a protest outside a shoe factory last week amid more allegations from government and police officials that the perpetrator was Bavet town governor Chhouk Bandith. Interior Ministry spokesman Khieu Sopheak ...

http://www.phnompenhpost.com/index.php/2012030154802/National-news/warrant-sought-for-shooter.html

Ban on Thesis Topics Needed, Scholars Say

Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...

PPWSA edges closer to IPO

As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price  no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...

http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html

Press release of Phnom Penh Capital Hall on providing the public free of charge to travel to hometown by city buses during the Pchum Ben festival

On 03 October 2018, Phnom Penh Capital Hall issued an announcement to the public to inform the public that during the coming Pchum Ben festival, the capital hall will arrange 215 public city buses to serve officials, military forces, citizen, workers, and the public travelling to ...

Phnom Penh Capital Hall

Download: pdf

Prasac borrows $1.5m from German company

Assets of Cambodian Microfinance Institution Prasac reached US$210 million with the combination of newly borrowed $15 million from Germany’s Deg-Deutsche Investitions Und Entwicklungsellschaft Mbh (DEG), officials said during the signing ceremony. The seven-year agreement at an annual interest rate of 5.5 per cent would help Prasac ...

http://www.phnompenhpost.com/index.php/2012083058374/Business/prasac-borrows-15m-from-german-company.html

Bourse May Have 7 Trading Sessions Daily

Officials at the Cambodian Securities Exchange (CSX) may increase the number of daily stock trading sessions from two to seven, giving traders more flexibility to buy and sell, an official at the bourse said yesterday. Currently, trading on the CSX occurs in just two sessions, starting ...

Cambodia Says No Strings Attached in Recent Chinese Aid

China has done a lot to support Cambodia over the years with millions of dollars in aid, loans and investment. But after reports this week that China has pledged another $500 million in soft loans and grants—and publicly thanked Cambodia for its support in Southeast ...

http://blogs.wsj.com/searealtime/2012/09/06/cambodia-says-no-strings-attached-in-recent-chinese-aid/

Telecom Cambodia Corruption Investigation Needs Time

The minister of posts and telecommunications yesterday said he needs more time to investigate corruption and mismanagement allegations at state-owned firm Telecom Cambodia before involving other government institutions. Telecom Cambodia director-general Lao Saroeun is officially on sick leave, but staff at the company say they were ...

http://www.cambodiadaily.com

Government targets unsafe trucks on national roads

Just 6 percent of 12,006 commercial freight vehicles passed recent road safety inspections, while an estimated 70 percent of car drivers bought their driving licenses illegally from private driving schools, a meeting at the Ministry of Public Works and Transportation was told yesterday. Many of the ...

http://www.cambodiadaily.com/

Donors End Bonuses for Civil Servants

Foreign donors have spotted a multi-millon dollar salary supplement scheme for civil servants falter failing to work out the details of the plan’s future with the government, several donors said yesterday. “Some of the government’s partners decided to end the payments at the end of June”, ...

The arrival of the ASEAN Economic Community will likely be delayed

ASEAN leaders have proposed putting off the planned launch of the ASEAN Economic Community (AEC) until the end of 2015, instead of the beginning of that year, so each member state will have more time to prepare for the single market, according to Cambodian Commerce ...

Women in upper union positions vital

Female union leaders in the garment industry – where women constitute 90 per cent of the work force – are effective at bargaining for better working conditions, but their voices aren’t being heard in a union landscape dominated by men, a labour expert said yesterday. Veasna ...

http://www.phnompenhpost.com/index.php/2012052256311/National-news/women-in-upper-union-positions-vital.html

KR Bank Official Quizzed Over Disappearances

On his second day of questioning by prosecutors at the Khmer Rouge tribunal yesterday, the deputy director of the foreign commerce bank during the Pol Pot regime, Sar Kim Lomouth, said he feared for his safety following the purging of several superiors at the Ministry ...

Wal-Mart and H&M Pay $200,000 to Cambodian Workers in Historic Settlement

When tales emerge from the retail supply chain, they’re usually tragic, like the alleged sweatshop conditions at the Foxconn (HKG:2038) plants that churn out Apple (NASDAQ:AAPL) products, or the 112 Bangladeshi workers who died when their factory, where clothes for Wal-Mart (NYSE:WMT), Sears Holdings (NASDAQ:SHLD), ...

http://www.minyanville.com/sectors/consumer/articles/WalMart-and-H2526M-Pay-2524200000-to/3/14/2013/id/48722#ixzz2NZEjJhlW

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