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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

Feature: Slum dwellers in Cambodian capital want to benefit from development

Phnom Penh, Cambodia’s capital and largest city, has seen rapid development in the last decade — numerous high-rises, large shopping malls and business centres as well as public parks are beautifying this city — in the meantime, slum-dwellers are also on the rise. According to the ...

http://news.xinhuanet.com/english/world/2013-08/18/c_132641165.htm

Power couple linked to Sinohydro project

Two of the country’s most powerful and politically connected business owners are on the board of governors of the company thought to have brokered a controversial deal between the world’s largest hydropower developer and the Cambodian government, documents obtained by the Post show. Cambodian People’s Party ...

Daniel Pye
http://www.phnompenhpost.com/national/power-couple-linked-sinohydro-project

Giant Development in Cambodia Hinges on Chinese Buyers

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1

To stop leaks, exam papers to be given to only one teacher

Copies of grade 12 examination papers will only be provided to a single teacher for each subject this year in order to identify the source of leaks, said Education Minister Hang Chuon Naron during a speech on Saturday. Mr. Naron, speaking at the American University of ...

Ben Sokhean
http://www.cambodiadaily.com/news/to-stop-leaks-exam-papers-to-be-given-to-only-one-teacher-59555/

Government audit five years late, lacking

More than five years after the close of the 2008 fiscal year, the National Audit Authority (NAA) on Thursday released its audit into the government’s financial management in 2008. The 38-page report is only the third such audit carried out since the department opened in 2000 ...

Hul Reaksmey
http://www.cambodiadaily.com/news/government-audit-five-years-late-lacking-57355/

Villagers Sued for Property Damage by Company

Four villagers locked in a land dispute with an agribusiness firm in Banteay Meanchey province said Tuesday that they had been summonsed to the provincial court over a property damage lawsuit filed by the company. The suit was originally filed last year, but villagers said they ...

Kuch Naren
http://www.cambodiadaily.com/news/villagers-sued-for-property-damage-by-company-51458/

Organic vegetable demand growing

On a farm in Kampong Speu province, Erm Rim is talking to a small crowd of consumers and journalists, explaining the process of growing vegetables using only natural resources. Rim talks on the sidelines of a consumer field trip organised by the Cambodian Center for ...

http://www.phnompenhpost.com/2013032764708/Inside-Business/organic-vegetable-demand-growing.html

Wife of Pailin Governor Reaps Benefits From Casino Deal

Venturing into Cambodia’s casino market in May 2011, Macau-backed gambling firm Entertainment Gaming Asia (EGA) promised tens of thousands of dollars to the wife of Pailin’s provincial governor in order to lease land for the construction of a new casino, documents filed with the U.S. ...

Simon Lewis and Hul Reaksmey
http://www.cambodiadaily.com/news/wife-of-pailin-governor-reaps-benefits-from-casino-deal-40660/

Microsoft's Super Wi-Fi could change game

A technology called “Super Wi-Fi” that uses the frequency spectrum between television channels called “white spaces” could be a game-changing force in how people connect to the internet, especially in places like Cambodia. The technology, which requires specialised equipment costing about US$2,000 for a base station ...

Hun Sen Says CPP Largess Will End If Election is Lost

Less than five months from the national elections, Prime Minister Huns Sen yesterday warned the public that his ruling CPP party would stop making charitable donations towards infrastructure and national development if the party is not re-elected. Speaking at the inauguration of a Chinese-funded expansion of ...

http://www.cambodiadaily.com/news/hun-sen-says-cpp-largess-will-end-if-election-is-lost-12645/

MobiTel, Smart Fight It Out Over Prices

With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...

http://www.cambodiadaily.com/news/mobitel-smart-fight-it-out-over-prices-21085/

Opposition Asks Donors to Stop Work With Government

Lawmakers from the opposition SRP and Human Rights Party who were expelled from Parliament earlier this month have called on the foreign diplomatic corps and international donors to stop signing agreements and conducting other business with the government of Prime Minister Hun Sen. In a letter ...

http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/

‘Power cuts just a transitional problem’

Recurring power cuts and power shortages draw sharp complaints from Cambodia’s public, the political opposition and business owners. Keo Ratanak,  director-general of Electricite du Cambodge (EDC), talked to the Post’s Sarah Thust. What is EDC doing to reduce electricity cuts here? The issue of power shortage is ...

http://www.phnompenhpost.com/2013051065532/Business/power-cuts-just-a-transitional-problem.html

Australia Admits Cambodia Postponed Military Cooperation

Cambodia has delayed two of its military cooperation programs with Australia, the Australian Defense Department said Thursday, after it emerged this week that U.S.-backed programs had also been postponed following the July 28 national election. Dave Gordge, first secretary and deputy head of mission at the ...

http://www.cambodiadaily.com/news/australia-admits-cambodia-postponed-military-cooperation-39885/

Pay&Go Aims to Streamline Bill Payments With New Services

A local company has begun working in cooperation with ABA bank to streamline payments for services such as electricity bills and mobile phone top-ups by allowing people to pay through its website, mobile applications and electronic kiosks. PayGo SEA (Cambodia) Co. Ltd., which operates under the ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/paygo-aims-to-streamline-bill-payments-with-new-services-44794/

Deadlock yours to fix: US official

A senior US State Department official visiting the kingdom said yesterday that any solution to the current political deadlock would have to come from within Cambodia and not from foreign powers. Scot Marciel, principle deputy assistant secretary at the Bureau of East Asian and Pacific Affairs, ...

Kevin Ponniah, P.1 and 4
http://www.phnompenhpost.com

Koh Kong’s Rainbow Lodge Plans on Paying It Forward

KOH KONG – The dullness of a rainy day accentuates the lush shades of green rainforest of the Cardamom Mountains in Koh Kong province. Float down the Tatai River and you see bobbing turquoise, red and yellow canoes tied up along the banks—in their vivid ...

Lindsey Peterson and Khuon Narim
http://www.cambodiadaily.com/news/koh-kongs-rainbow-lodge-plans-on-paying-it-forward-44775/

Cambodia to Sign Accord on Maids to Malaysia

The Cambodian and Malaysian governments will sign a memorandum of understanding (MoU) within three months that will restart the business of sending Cambodian domestic workers to the country after a two-year moratorium, a Labor Ministry official said Friday. After meeting with representatives from the Malaysian Home ...

Khy Sovuthy
http://www.cambodiadaily.com/news/cambodia-to-sign-accord-on-maids-to-malaysia-46491/

Firms urged to tap growing middle-class market in GMS

Bangkok Bank has urged Thai businesses to have a more active role in the Greater Mekong Sub-region (GMS) in terms of trading activities and investment, in order to tap the growing middle-class market in those countries. Speaking at the bank’s “Trade Logistics in Greater Mekong Sub-region: ...

Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Firms-urged-to-tap-growing-middle-class-market-in--30218244.html

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