Cambodia, Singapore vow to boost bilateral investment cooperation
Cambodia and Singapore are committed to fostering their cooperation in promoting bilateral investment by starting from priority areas for mutual socio-economic benefits. ...
Khmer Times Staff
https://www.khmertimeskh.com/501508571/cambodia-singapore-vow-to-boost-bilateral-investment-cooperation/
$2 Million project unveiled to boost child health and wellbeing
Plan International Cambodia has initiated the ‘Promoting Healthy Start Project,’ a three-year initiative aimed at enhancing the health and wellbeing of young people in Siem Reap, Ratanakiri and Stung Treng provinces. ...
Meas Molika
https://kiripost.com/stories/2-million-project-unveiled-to-boost-child-health-and-wellbeing
Evicted railway families await ADB’s help
In 2011, Oeun Phirun took out a $450 loan from the Asian Development Bank, using half to buy a used motorbike and spending the rest on a small flock of ducks and chickens he hoped to raise. His family and about 1,000 others have been evicted ...
Zsombor Peter and Phorn Bopha
http://www.cambodiadaily.com/news/evicted-railway-families-await-adbs-help-56128/
Lao And Cambodian Stock Exchanges Stagnant After Two Years With A Combined Three Companies Listed
If you were given all the money in the world to invest in a stock from the stock exchanges of Laos and Cambodia, which stock would you choose? You might not actually get a lot of choices – both exchanges are stagnant two years after ...
Sophie Song
http://www.ibtimes.com/lao-cambodian-stock-exchanges-stagnant-after-two-years-combined-three-companies-listed-1320809
Toll may lose rail rights
A company with ties to one of China’s top state-owned firms will look to push Toll Royal Railways and its local partner Royal Group of Companies out of a 30-year railroad concession with pledge to invest nearly US$850 million to revamp existing lines and build an additional ...
Arbitrators Now Express Support for Exams
Having completed their exams trainee arbitrators have applauded them as fair and transparent. 33 of the 45 candidates have successfully passed the exams. In December 2010 Prime Minister Hun Sen signed an order requiring arbitrator candidates to take an exam, after the establishment of the ...
CPP Senator’s Company Says $40M Embezzled
The former deputy director of Anco Groups conglomerate and his wife have been denied bail when accused of stealing nearly $40 million. Anco Groups conglomerate is a consumer good vendor, electricity and hotel operator and is owned by Kok An. If convicted the former deputy ...
Bank unaffected by partner's suspension
The senior manager of Tomato Specialized Bank yesterday said the bank would continue to operate in Cambodia despite a decision by South Korea’s financial regulator to suspend one of its partners. Korea’s Financial Services Commission on Sunday announced that seven banks, including the Tomato Savings Bank, ...
Cambodia post delivers 40% revenue gain
Revenue at Cambodia’s postal service rose 40 percent in the first nine months of this year compared to the same period last year, an official at Cambodia Post said yesterday, attributing the rise to the postal service gaining complete independence from the Ministry of Posts ...
Credit bureau plans for early 2012 launch
The Kingdom’s first centralised credit bureau was on track to launch in February, officials said yesterday, although it had originally been slated to start by the end of this year. Credit Bureau Cambodia will collect and provide consumer and institutions’ financial information, which they can use ...
Laos, Vietnam indicate the way
Stock exchanges in Laos and Vietnam are being used for comparison when trying to determine the model that the Cambodia Securities Exchange (CSX) will take. The CSX has opened officially but no trading has begun. Cambodia’s stock exchange is expected to be more successful than ...
http://www.phnompenhpost.com/index.php/2011071250327/Business/laos-vietnam-indicate-the-way.html
Agriculture minister pushes for pig imports
The Minister for Agriculture yesterday appealed to buyers to address the shortage of pigs in Phnom Penh by applying for licenses that would allow them to import more livestock from neighbouring countries. An industry representative and a market expert, however, warned of the potential fallout that ...
Renewable energy to power Takeo milling plant
A Japan energy company yesterday said it planned to build a rice mill fuelled by rice husks in Cambodia’s Takeo province. New Energy and Industrial Technology Development Organization yesterday signed a memorandum of understanding with the Kingdom’s Ministry of Industry, Mines and Energy (MIME) confirming cooperation ...
Measures outlined to save the endangered Mekong dolphin
Officials and environmentalists yesterday agreed to draw up new measures to save the endangered Mekong dolphin and find more information on why the species is disappearing. At the end of a three-day workshop in Kratie province, officials and representatives from the World Wildlife Fund signed a ...
Government pays $1.2 million to garment workers who gave birth
The government has paid about $1.2 million to nearly 12,000 female garment workers who have had babies so far this year. According to a report released yesterday by the National Social Security Fund, 11,706 female garment workers delivered babies in January, February and the first 22 ...
Mom Kunthear
http://www.khmertimeskh.com/50115636/government-pays-1-2-million-to-garment-workers-who-gave-birth/
WB puts GDP growth at 6.9 percent
The economy will grow at a rate of 6.9 percent in 2018, according to the latest report from the World Bank. Other international financial institutions have issued similar forecasts this month, with the Asian Development Bank (ADB) and the International Monetary Fund (IMF) putting national ...
Sok Chan
https://www.khmertimeskh.com/50302559/wb-puts-gdp-growth-at-6-9-percent/
ADB’s assistance to Cambodia nears 2.9 bln
The Asian Development Bank (ADB) has committed over $2.8 billion in lending, grants, and technical assistance to Cambodia since 1966, making it the country’s largest multilateral development partner. The development bank issued a report yesterday that puts its total contribution to Cambodia at $2.86 billion over ...
Sum Manet
https://www.khmertimeskh.com/50479970/adbs-assistance-to-cambodia-nears-2-9-bln/
We’re going to Wisney World!
More than 6,000 mostly Chinese attendees witnessed the inauguration ceremony of a $1 billion Sihanoukville resort project called Wisney World in the capital on Wednesday. The event on Koh Pich, attended by several senior Cambodian government officials, is a joint venture between China’s AMC International ...
Hin Pisei
https://www.phnompenhpost.com/business/were-going-wisney-world
Students to learn financial literacy
Cambodian students from grade 1 to 12 will begin studying basic financial skills starting in the 2019 academic year as the National Bank of Cambodia (NBC) is now finalising the curriculum. NBC director-general Chea Serey said Thursday that the new curriculum would help boost the ...
Hor Kimsay
https://www.phnompenhpost.com/business/students-learn-financial-literacy
Illegal loggers take to waterways
Stung Treng provincial police yesterday cracked down on an illegal timber operation that was transporting logs along the Sekong river in Stung Treng city. Provincial police chief Major General Mao Dara said the illegal timber operation was using rafts to float illegally felled trees along ...
Pech Sotheary
https://www.khmertimeskh.com/50532806/illegal-loggers-take-to-waterways/