Mixed reaction to coal-fired plant
Cambodia’s first coal-fired power plant, which is expected to fill shortages in demand by producing an additional 100 megawatts of electricity every year, commenced full-time operations yesterday. Representatives from Malaysian company Leader Universal Ltd (LU), which built the plant, joined Prime Minister Hun Sen and ...
Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/mixed-reaction-coal-fired-plant
Leaked report decries reservoir
The final report assessing the impact of a future dam in Kratie has claimed that the dam project could result in “killing the life” of the Mekong River. This final report said the project’s location is the worst possible for a dam and would have ...
Mech Dara
https://www.phnompenhpost.com/national/leaked-report-decries-reservoir
Seed strategy to boost agriculture
A national strategy for enhancing seed quality and production was presented to the public last week. The plan was developed by the Ministry of Agriculture in cooperation with the International Rice Research Institute (IRRI), and outlines a set of initiatives to improve the production and ...
Chea Vannak
https://www.khmertimeskh.com/50570964/seed-strategy-to-boost-agriculture/
Ensuring sustainability in climate change adaptation projects
Sustainability of a project means ensuring that the project’s goals, activities and benefits continue even after the official completion of the project. Sustainability is central for all development projects, but it is particularly important for climate change adaptation projects. The reason is twofold. ...
Heng Pheakdey
ttp://www.khmertimeskh.com/news/14513/ensuring-sustainability-in-climate-change-adaptation-projects/
Ministry mulls museum to celebrate rubber legacy
The Ministry of Agriculture, Forestry and Fisheries plans to establish a museum in Tbong Khmum province to promote the history of rubber cultivation and the industry in Cambodia. ...
Khouth Sophak Chakrya and Yuth Vireak
https://www.phnompenhpost.com/national/ministry-mulls-museum-celebrate-rubber-legacy
Cambodia has 1.9 mln agricultural households: census
Cambodia has approximately 1.9 million agricultural households with about 8.5 million people, or 57 percent of the country’s 14.96 million people, according to the first-ever agriculture census report released on Wednesday. “The 1.9 million agricultural households were engaged in growing of crops that were undertaken in ...
ASEAN-China Center News Staff
http://www.asean-china-center.org/english/2014-08/22/c_133575304.htm
MRC documents fish species found in Upper Mekong in China
The Mekong River Commission has documented 186 fish species identified by the Kunming Institute of Zoology as being found in the Upper Mekong Basin in China’s Yunnan province. A list of the species with their scientific and common Chinese names as well as their distribution in ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MDJkZjMxNzgzZjB
Lenders foresee challenges in raising the local currency ratio
Commercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a ...
Hor Kimsay
http://www.phnompenhpost.com/business/lenders-foresee-challenges-raising-local-currency-ratio
Report: Banking system healthy
Political stability, growth in all economic sectors and a strong banking system were major drivers that reinforced public confidence in the Kingdom’s banking system last year, said the National Bank of Cambodia (NBC). According to its “Macroeconomic and Banking Progress 2019 Report and 2020 Outlook”, ...
May Kunmakara
https://www.phnompenhpost.com/business/report-banking-system-healthy
Joint commitment toward mine-free Cambodia
Australia, the Cambodian Mine Action and Victims Assistance Authority and the UN development programme on Friday signed a joint statement reaffirming their ongoing commitment to working toward a mine-free Cambodia by 2025. ...
Poovenraj Kanagaraj
https://www.khmertimeskh.com/50660644/joint-commitment-toward-mine-free-cambodia/
Students protest arrests in Kampot land dispute
About 400 students and a few villagers protested in Phnom Penh on Sunday to demand the release of two men arrested last week after a protest over a land dispute in Kampot province, with authorities claiming that the demonstration was organized by a politician who ...
Aun Pheap
https://www.cambodiadaily.com/news/students-protest-arrests-in-kampot-land-dispute-94098/
Preah Vihear authorities warn against illegal purchase or sale of protected land
The Ministry of Environment has warned people that it is illegal to buy or sell lands in natural protected and conservation areas in Preah Vihear province. ...
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 ...
Sentinel page drops photos
Less than two weeks after a major rights group lambasted the US’s training of Cambodia’s “abusive armed forces”, allegedly incriminating photographs have been removed from the official Facebook page of the joint training exercise. On May 20, Human Rights Watch (HRW) issued a statement hitting out ...
Alice Cuddy
http://www.phnompenhpost.com/national/sentinel-page-drops-photos
Cambodia to Submit Human Rights Report to UN
Cambodia will submit a human rights report to the U.N. today for a universal periodic review (UPR), the second time it is participating in the process, according to the Council of Ministers’ Press and Quick Reaction Unit. Under the UPR process established in 2006, the Human ...
Dene-Hern Chen and Hul Reaksmey
http://www.cambodiadaily.com/news/cambodia-to-submit-human-rights-report-to-un-46006/
IMF urges closer cooperation between statistics agencies in Cambodia
The International Monetary Fund (IMF) says closer cooperation between statistics-producing agencies in Cambodia is “essential” to improve the quality of macroeconomic statistics. ...
Sao Da/AKP
https://www.khmertimeskh.com/50778524/imf-urges-closer-cooperation-between-statistics-agencies-in-cambodia/
NBC gives banks, MFIs greenlight to issue bonds
The National Bank of Cambodia (NBC) announced on Friday that local banks and microfinance institutions (MFIs) can now issue corporate bonds or list equity securities on the nascent Cambodian stock market, a move industry insiders claim will help financial institutions raise capital and be less ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-gives-banks-mfis-greenlight-issue-bonds
Phone subscriptions exceed 21 million mark
The total number of telephone subscriptions in Cambodia surpassed the 21-million mark earlier this year ...
Post Staff
http://www.phnompenhpost.com/business/phone-subscriptions-exceed-21-million-mark
Casino expansion next to Buddhist Institute irks some
Phnom Penh recently saw the destruction of a portion of the Buddhist Institute to make way for the expansion of a casino. Political analyst Lao Mong Hay told “Hello VOA” last week that this kind of development demonstrates an “imbalance” between public and private institutions. The ...
Sophat Soeung
http://www.voacambodia.com/content/cambodia-casino-expansion-next-to-buddhist-institute-irks-some/1933071.html
Maruhan Japan Bank buys stake in MFI – Sathapana
Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...
http://www.cbre.com.kh/2012/11/maruhan-japan-bank-buys-stake-mfi-sathapana/