NBC unveils online trading platform
In order to promote interbank transactions and lending, the National Bank of Cambodia (NBC) has officially launched a new online platform which allows financial operators to apply for and trade the central bank’s financial instruments like negotiable certificates of deposits (NCDs), liquidity-providing collateralised operations (LPCOs) ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-unveils-online-trading-platform
Cambodian embassy in Thailand denies extortion allegations
Cambodia’s embassy in Thailand has denied allegations that officials from the embassy were extorting Cambodian employers and migrant workers in Thailand by demanding bribes for fake passports and pushing along applications to legalize a person’s working status. ...
Taing Vida
http://www.khmertimeskh.com/news/22694/cambodian-embassy-in-thailand-denies-extortion-allegations/
Annual cold spell on the way: weather official
Ministry spokesman Mao Hak said yesterday that seasonal rains are expected to taper off in mid-November, with cooler winds sweeping into the Kingdom from Siberia and Tibet, promising a “winter” even cooler than last year’s, in which some areas saw temperatures as low as 18 ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/annual-cold-spell-way-weather-official
Minister to kids: Study digital technology skills
The Minister of Posts and Telecommunications Chea Vandeth issued a formal letter on October 18 appealing to students who are taking the upcoming high school diploma exam to focus on learning digital skills. ...
Vann Sak
https://www.phnompenhpost.com/national/minister-kids-study-digital-technology-skills
China, Cambodia to share credit reports
The central banks of Cambodia and China are in talks to share customers’ credit reports in an effort to boost bilateral private investment, as a response to rising trade between the two countries. The National Bank of Cambodia (NBC) director general Chea Serey told Khmer Times ...
May Kunmakara
http://www.khmertimeskh.com/news/32409/china--cambodia----to-share-credit-reports/
MISTI’s STEM guidebook for students choosing higher education degrees
THE Ministry of Industry, Science, Technology and Innovation (MISTI) provides a free PDF Science, Technology and Innovation guidebook to students looking to choose a higher education degree involving science, technology, engineering and mathematics (STEM) in Cambodia. ...
Hang Punreay
https://www.khmertimeskh.com/501346587/mistis-stem-guidebook-for-students-choosing-higher-education-degrees/
MoC warns of strict legal action against promoting fake products
The Ministry of Commerce has issued a proclamation stating that strict legal action shall be initiated against those who promote to sell products, goods and services that contain false commercial descriptions. ...
Nhean Chamrong
https://www.khmertimeskh.com/501476979/cambodia-china-agree-to-formulate-joint-corridors/
Dara Airport Hotel lands at Ratana Plaza
A new hotel serving the Phnom Penh International Airport opened on July 1 at Ratana Plaza on the left off Russian Boulevard just before Hanoi Road on the way to the airport from central Phnom Penh. The Dara Airport Hotel has 155 rooms with a fifth-floor ...
German airline Condor launches direct flight to Cambodia
The German airline Condor Air launched its first direct flight from Frankfurt to Cambodia’s Siem Reap province famous for its world heritage site on Saturday morning. Landing at the Siem Reap International Airport, the aircraft was cordially greeted by Cambodian government officials including Mao Havannall, secretary ...
http://www.nzweek.com/business/german-airline-condor-launches-direct-flight-to-cambodia-20833/
Britain to support Cambodia in fight against money laundering, terrorism financing
Britain embassy to Cambodia is partnering with Cambodian government ministries and departments to provide a training course on international best practices in the field of anti-money laundering and combating the financing of terrorism, according to the embassy’s press release on Friday. The training will be ...
More money for meat
Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department. Local vendors say the price increase comes due to a decrease in imports, forcing purchases of domestically ...
http://www.phnompenhpost.com/index.php/2011070450154/Business/more-money-for-meat.html
Cambodia-Lao Central Banks committed to strengthening financial and economic cooperation
The Central Banks of Cambodia and Laos have vowed to strengthen bilateral cooperation and relation on the development of the financial and economic sectors and to build friendship and cooperation between the two nations. ...
Weighing risk and reward on construction sites
As the booming construction sector attracts more rural Cambodians to seek employment in the capital, the different working conditions between high-rises in urban areas and borey developments have factored into varying degrees of earning potential and living standards.According to estimates by the Ministry of Land ...
Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/weighing-risk-and-reward-construction-sites
CENTRAL advises migrant workers of rights
The Centre for Alliance of Labour and Human Rights (CENTRAL) is carrying out an awareness campaign among the public about the potential risks of migrating to find work in Thailand. The organisation warned that many Cambodians were continuing to use the services of brokers to ...
Chea Sokny
https://www.phnompenhpost.com/national/central-advises-migrant-workers-rights
Medical professionals urged to strengthen code of ethics
The Ministry of Health has instructed medical professionals to improve their abilities and abide by their code of ethics to stymie ongoing complaints, specifically being rude to patients. The ministry’s central committee issued the order on Tuesday during its annual review and outlook meeting in ...
Long Kimmarita
https://www.phnompenhpost.com/national/medical-professionals-urged-strengthen-code-ethics
Serey: Central bank’s MoU with UnionPay not yuan agreement
National Bank of Cambodia deputy governor Chea Serey clarified on July 16 that a recent memorandum of understanding with China’s UnionPay was not an agreement to legalise the Chinese yuan in the Kingdom or the Cambodian riel in China. Rather, it permits mobile payments using ...
Sok Raksa
https://www.phnompenhpost.com/business/serey-central-banks-mou-unionpay-not-yuan-agreement
Fake IDs make mockery of factory age rules
On a dusty highway on the edge of this port city, thousands of young women and a few hundred young men block evening traffic as they stream out of the New Star Shoes factory. ...
Jamie Elliott and Mech Dara
https://www.cambodiadaily.com/news/fake-ids-make-mockery-of-factory-age-rules-80492/
Drug-resistant malaria widespread in Southeast Asia: study
Drug-resistant malaria is now widespread in Southeast Asia, seriously threatening global efforts to control malaria, a new study warned Wednesday. An analysis of blood samples from 1,241 malaria patients in 10 countries across Asia and Africa found resistance to the world’s most effective anti-malarial drug, artemisinin, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/health/2014-07/31/c_133521082.htm
TVK cameraman nabbed after encounter with police official
A cameraman for national television broadcaster TVK was arrested on Saturday on direct orders from Deputy National Police Chief Mok Chito for using a fake police license plate and illegally possessing a police uniform and handgun, officials said Sunday. ...
Saing Soenthrith
https://www.cambodiadaily.com/news/tvk-cameraman-nabbed-after-encounter-with-police-official-79302/
Cambodian PM says not to appoint capable children in posts
Cambodian Prime Minister Hun Sen said Wednesday that he could not appoint his children in the cabinet posts even though they were qualified. “I have five children and five children-in-law. All of them have possessed degrees ranging from bachelor’s degrees to doctorate’s degrees, but I cannot ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/06/c_133536466.htm