Consumer loans swell by 12%, reflecting banking industry growth
Consumer loans increased by 12 percent in the first half of 2024 compared to the previous year’s figure of 10.5 percent, said Association of Banks in Cambodia (ABC) Chairman and MayBank CEO Rath Sophoan at the Cambodia Banking Conference 2024, on Thursday. ...
Rachel David
https://www.khmertimeskh.com/501546093/consumer-loans-swell-by-12-reflecting-banking-industry-growth/
Cambodia-U.S. bilateral trade up 2 pct
Trade between Cambodia and the United States was valued at 2.55 billion U.S. dollars in the first ten months of 2013, up 2 percent from 2.49 billion U.S. dollars over the same period last year, the figures of the U.S. Department of Commerce showed Friday. Cambodia’s ...
The Global Post
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131206/cambodia-us-bilateral-trade-2-pct
One million hectares reclassified, gov’t says
More than 1 million hectares of forest terrain and land leased by private companies has been put under government control since Prime Minister Hun Sen initiated a moratorium on new economic land concessions (ELCs) in May 2012, the Ministry of Land Management, Urban Planning and ...
May Titthara
http://phnompenhpost.com/national/one-million-hectares-reclassified-gov%E2%80%99t-says
Opposition questions minister
After being questioned for more than two hours at the National Assembly yesterday, Environment Minister Say Samal claimed the number of forest crimes decreased in 2016, but acknowledged that some government officials were involved in some of the crimes. A recently released report from the University ...
Taing Vida
http://www.khmertimeskh.com/news/33928/opposition-questions-minister/
Small-scale protests continue
A day after authorities carted away 11 protesters intending to camp out in front of the United States embassy, a similarly ad hoc group of citizens struggled to deliver petitions to three embassies in the capital yesterday. The group of about 50 were blocked by police ...
Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/small-scale-protests-continue
Press release on Japan to offer grant to expand water supply system
On 22 February 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release on Japan to offer grant to expand water supply system.His Excellency PRAK Sokhonn and His Excellency TAKEI Shunsuke will sign the Exchange of Notes on the extension of Japanese ...
Ministry of Foreign Affairs and International Cooperation
Bidding for personalised number plates to be capped at $860 million
Minister of Public Works and Transport Sun Chanthol on Tuesday launched a bidding system of the sale of personalised number plates for vehicles. Speaking during the launch, Chanthol said bidding will start at between two million and more than one billion riel ($500 and more ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/bidding-personalised-number-plates-be-capped-860-million
Cambodian airports to double capacity
Expansion plans will double passenger capacity at Phnom Penh and Siem Reap airports in Cambodia, according to a local aviation official. The project will expand parking areas, terminals and all facilities at the two international airports, Khek Norinda, communications director for Cambodia Airports, said. ...
Bangkok Post News Staff
http://www.bangkokpost.com/business/aviation/396752/cambodia-airports-to-double-passenger-capacity
Marchers to flout ban on protests
Hundreds of civil society representatives, garment workers and community groups are expected to take to the streets this morning to deliver petitions to foreign embassies calling on the government to release the 23 people arrested during garment worker strikes earlier this month and find justice ...
Kevin Ponniah and Cheang Sokha
http://www.phnompenhpost.com/national/marchers-flout-ban-protests
Disability initiatives launched as jobs quota not met
For Cambodians with disabilities, the launch of two major initiatives in the past two days designed to improve their lives has brought some optimism about the future—tempered by a note of caution. at Koh Pich island on Thursday, in front of a crowd of more than ...
Holly Robertson
http://www.cambodiadaily.com/news/disability-initiatives-launched-as-jobs-quota-not-met-63276/
IFC to boost corporate governance
The International Finance Corporation (IFC) launched a corporate governance initiative yesterday aimed at enhancing the efficiency of Cambodia’s private sector to strengthen the business climate and spur foreign investment and job creation, it said in a release. ...
Post Staff
http://www.phnompenhpost.com/business/ifc-boost-corporate-governance
MoU to improve tech skills
A Thailand-based technical university yesterday signed two memorandums of understanding (MoUs) with technical training institutes in Cambodia to improve human resources in the technical sector. The MoUs were signed between the Thai Rajamangala University of Technology and the National Polytechnic Institute of Cambodia and the National ...
Cambodia to reduce foreign debt
The government plans to reduce its foreign debt and raise capital through the issuance of bonds, a representative of the Ministry of Economy and Finance has unveiled. “Increasing local borrowing instead of foreign borrowing will improve the country’s trade balance and current account,” said Vong Seyvisoth, ...
Chea Vannak
http://www.khmertimeskh.com/50102229/cambodia-to-reduce-foreign-debt/
Affordable public housing needed: official
A senior official at the Ministry of Land Management, Urban Planning and Construction appealed yesterday to institutions, private companies and related parties to help increase public housing for low and middle income families. In the first annual national forum on housing yesterday, Chhan Saphan, a secretary ...
Pech Sotheary
http://www.khmertimeskh.com/news/31108/affordable-public-housing-needed--official/
Cambodian police fire smoke bombs to disperse protesters in capital
Cambodian police fired smoke bombs to disperse hundred protesters at the capital on Monday. Mam Sonando, owner of the opposition-aligned Beehive Radio station, defied a government ban on public gathering and led about 200 protesters to rally in front of the Ministry of Information against the ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/27/c_133077681.htm
Across ASEAN, women need more development, advocate says
As ASEAN heads toward greater economic integration at the end of the year, a Cambodian advocate says more needs to be done in the region for women’s rights. Asean has a working group for women’s issues, but the region faces challenges in social and economic equality, ...
Sok Khemara
http://bit.ly/1KPkscF
Royal Academy president Sok Touch on his Tonle Sap wetlands investigation
In 2021, at the behest of the government, Royal Academy of Cambodia (RAC) president Sok Touch studied and investigated the challenges facing the Tonle Sap Lake, which covers an area of 640,000ha. ...
Push to ban public smoking
The Ministry of Health and the World Health Organization (WHO) issued a joint memo yesterday advising recipients to take measures to ban smoking in public places. The “circular” is the first of its kind in Cambodia, and is to be distributed by all government ministries in ...
Sen David
http://www.phnompenhpost.com/national/push-ban-public-smoking
Kampong Chhnang flooded forest to see 8,000 trees planted
The Kampong Chhnang provincial Forestry Administration plans to plant around 8,000 trees on 4ha of flooded forest at the Trapaing Trav area in Chhnok Trou commune’s Ses Slap village in Boribor district. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kampong-chhnang-flooded-forest-see-8000-trees-planted
Gov’t: Kingdom’s sovereign debt manageable
A senior official at the Ministry of Economy and Finance described Cambodia’s level of public debt as manageable and allowing flexibility for further borrowing to meet the country’s development needs. ...
May Kunmakara
https://www.phnompenhpost.com/business/govt-kingdoms-sovereign-debt-manageable