KR Banking Chief Says Institution Was Sham
On his first day of questioning at the Khmer Rouge tribunal yesterday, Sar Kim Lomouth, the deputy director of the State Bank of Democratic Kampuchea, described how the national financial institution was nothing but a charade during the Pol Pot regime. Currency had been abolished and financial transactions eliminated under ...
CHRC tasked with drafting rights unit law
The government has tasked the Cambodia Human Rights Committee with preparing a draft law on establishing the National Human Rights Unit in the Kingdom, a move in line with the Paris Principles adopted by the United Nations in 1993. A CHRC statement yesterday said that on ...
Khy Sovuthy
https://www.khmertimeskh.com/50642105/chrc-tasked-with-drafting-rights-unit-law/
Cambodia, Pakistan to strengthen peacekeeping ties
Cambodia and Pakistan have committed to bring bilateral relations closer through the strengthening of cooperation in the peacekeeping sector. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/cambodia-pakistan-strengthen-peacekeeping-ties
Hun Sen asked to take on bigger role seeking peace for region, world
The South Korea-based Universal Peace Federation (UPF) proposed that Prime Minister Hun Sen play a more important role in seeking peace for the world. ...
Cambodian Stock Exchange Set to Launch
The Cambodian Stock Exchange(CSX) has prepared its initial public offerings in a symbolic launch, though no public trading was offered. Finance Minister Keat Chhon and his South Korean partners hold a 49 percent stake in exchange. Two state-owned companies will go public including: the Phnom ...
Cambodia’s largest MFI boosts green farming loans
Cambodian microfinance institution PRASAC says it is bolstering its green credentials by increasing loans for eco-friendly farming methods in the kingdom. President and CEO of PRASAC, said the institution is “committed to providing and developing more green financing to the rural people for their livelihood ...
Remittance Contributes Social And Economic Development
Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population ...
A Year On, Cambodia’s Role as Asean Chairman a Bitter Memory
Resentment is still simmering toward Cambodia for its handling of the contentions South China Sea issue last year, which fractured the unity of Asean, analysts from around the region said Thursday. During the first day of a two-day regional conference in Phnom Penh organized by the ...
Hul Reaksmey and Dene-Hern Chen
http://www.cambodiadaily.com/news/a-year-on-cambodias-role-as-asean-chairman-a-bitter-memory-42812/
On garment exports, gov’t figures vary wildly
Cambodia’s critical garment industry may be doing significantly better than Commerce Ministry figures suggest, judging by the Finance Ministry’s count, but just whose numbers to trust is up for debate. ...
Zsombor Peter and Kang Sothear
https://www.cambodiadaily.com/news/on-garment-exports-govt-figures-vary-wildly-81437/
Local microfinance institute invests in new ATM network
Hattha Kaksekar Ltd, a local microfinance institution, has invested almost US$2 million in a new ATM network, the company announced yesterday. Hattha Kaksekar now has around $32 million in deposits and will become the first financial institution to use SmartVista, an automated ATM process which also ...
http://www.phnompenhpost.com/index.php/2012072057524/Business/mfi-to-invest-in-new-atm-network.html
ODC joins the 2018 Cambodia Outlook Conference
“We want Cambodia to be a high-income country by 2050,” PM Hun Sen affirmed the ambitious prospect of Cambodia’s economy at the 2018 Cambodia Outlook Conference which Open Development Cambodia attended. The conference took place on Thursday, 15 March 2018 at the Hotel Sofitel Phnom ...
Maruhan inks a deal with microfinance firm
Mahuran Japan Bank and the Seilanithih Microfinance Institution have signed an agreement to work together, according to a statement yesterday. Maruhan general manager Onishi Shizuo said the agreement would benefit both parties. “By joining forces with us, Seilanithih will be able to expand the size of ...
In Need of Power, Phnom Penh Blacks Out
Rolling blackouts that plagued Phnom Penh this week were the result of the city’s power supply being unable to meet demand as the country moves into the hot season, officials at state-owned Electricite du Cambodge (EdC) said on Friday. Power Outages rolled over the city this ...
Businesses asked to relocate
The Phnom Penh Municipal Hall has requested owners of factories, enterprises, warehouses and garages to relocate to the outskirts along the capital’s third ring road, which is still under construction and expected to be completed by 2021. It said the facilities’ locations in the city ...
Khorn Savi
https://www.phnompenhpost.com/national/businesses-asked-relocate
Spotlight: ASEAN, including Cambodia, hugely benefit from BRI: Cambodian experts
The members of the Association of Southeast Asian Nations (ASEAN) including Cambodia are greatly benefiting from the China-proposed Belt and Road Initiative (BRI), Cambodian experts said here on Thursday. Kin Phea, director-general of the International Relations Institute Cambodia (IRIC), an arm of the Royal Academy ...
Nguon Sovan and Mao Pengfei
http://www.xinhuanet.com/english/2019-08/08/c_138293910.htm
Census to run until March 13
Prime Minister Hun Sen has called on Cambodians to take part in the national census by providing accurate information to officers in order to obtain correct national statistics for the Kingdom’s development. And as if to prove his point, the prime minister also gave an ...
Voun Dara
https://www.phnompenhpost.com/national/census-run-until-march-13
‘Ninety-nine oknha in army’
A senior military official said on Sunday that the Ministry of National Defence had found almost 100 military personnel with the title “oknha”. He told The Post that the ministry was preparing procedural formalities to enable the oknha to choose between keeping the honorific or ...
Mech Dara
https://www.phnompenhpost.com/national/ninety-nine-oknha-army
European imports of Cambodian bicycles up
Despite concern from the E.U. that Cambodia is being used by Chinese bicycle makers to avoid an anti-dumping duty, the bike industry has maintained strong export growth to Europe, according to the latest data from the European Commission (E.C.). ...
Tej Parikh
https://www.cambodiadaily.com/news/european-imports-of-cambodian-bicycles-up-109352/
Cambodia positions itself along new silk road
The ancient Silk Road sprawled across tens of thousands of kilometers, reaching east to west from Japan to Venice and passing through five seas. Together, the road and maritime trade routes linked more than 40 countries throughout Asia, Europe and Africa, fostering early globalization. ...
Janelle Retka
https://www.cambodiadaily.com/news/cambodia-positions-itself-along-new-silk-road-114629/
Study shows dengue can be spread back to mosquitoes
A groundbreaking new study on human transmission of the dengue virus conducted in Kompong Cham province has shown that the virus can be spread back to mosquitoes by asymptomatic carriers, who are actually more infectious than those displaying symptoms. ...
Peter Ford
https://www.cambodiadaily.com/news/study-shows-dengue-can-be-spread-back-to-mosquitoes-99911/