Thai bank’s $140M offer to buy Cambodian MFI on hold
Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...
Hor Kimsay
http://www.phnompenhpost.com/business/thai-banks-140m-offer-buy-cambodian-mfi-hold
PM: No human rights without peace
Prime Minister Hun Sen once again spoke on weighty matters of war and peace, reiterating that development and democracy would not be possible without peace. ...
Lay Samean
https://www.phnompenhpost.com/national-politics/pm-no-human-rights-without-peace
Ministry ties up with UNOPS to modernise justice system
Cambodia’s Ministry of Justice and the United Nations Office for Project Services (UNOPS) have agreed to cooperate on three priority programmes to improve the justice system in Cambodia. ...
Chhun Sunly
https://www.khmertimeskh.com/501271236/ministry-ties-up-with-unops-to-modernise-justice-system/
Cambodia Lacks Research Enough To Tackle Its Problems, Analysts Say
Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...
Cambodian Per Capita GDP To Touch $1,000
Echoing remarks made by Cambodian Prime Minister Hun Sen earlier last week, economic experts agreed that the country’s gross domestic product (GDP) per capita would reach US$ 1,000 ( Bt30,377) this year, up from the estimated $900 at the end of 2011. Managing director of Acleda ...
http://www.nationmultimedia.com/business/Cambodian-per-capita-GDP-to-touch-$1000-30176744.html
Press release on the official visit of the Minister of External Affairs of the Republic of India to Cambodia
On 24 August 2018, the Ministry of Foreign Affairs and International Cooperation issued a press release on the official visit of H.E. Ms. Sushma Swaraj, Minister of External Affairs of the Republic of India to the Kingdom of Cambodia from 28 to 30 August 2018. ...
Ministry of Foreign Affairs and International Cooperation
Centre to upskill truck drivers
The Heavy-Vehicle Driver Training Centre, under the General Department of Land Transport, was launched at a ceremony on Wednesday. It will provide training to heavy-vehicle drivers, on St 598, Chraing Chamreh II commune, Russei Keo district, in the capital. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/centre-upskill-truck-drivers
Chair of ASEAN audit board goes to Kingdom
Som Kimsour, the chairwoman of Cambodia’s National Audit Authority, was appointed to chair the ASEAN Supreme Audit Institutions (ASEANSAI), a collaborative body of public sector auditors, during a summit on Thursday in Phnom Penh, according to state media outlet AKP. ...
Igor Kossov
http://www.phnompenhpost.com/national/chair-asean-audit-board-goes-kingdom
‘Inadequate’ facilities may create school drop-outs
Approximately 3 million students in 12,000 state schools across the country are at risk of drop-out or under-performance as a result of inadequate basic infrastructure, according to research by a coalition of civil society groups.The warnings came following a forum convened in the capital on ...
Pech Sotheary
http://www.phnompenhpost.com/national/inadequate-facilities-may-create-school-drop-outs
Japanese investor acquires local MFI
A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-investor-acquires-local-mfi
Japan to aid Institute of Technology
The Japan International Cooperation Agency has signed an agreement with the Institute of Technology of Cambodia to strengthen engineering education and research for industrial development. ...
Pav Suy
http://www.khmertimeskh.com/5083803/japan-aid-institute-technology/
Cambodia thanks Australia for agriculture support
Cambodia reiterated the important role Australia plays in the development of its agriculture sector and urged leaders of the Commonwealth nation to support the modernisation of the industry through investments in modern factories and machinery. ...
Sok Chan
http://www.khmertimeskh.com/50114866/cambodia-thanks-australia-for-agriculture-support/
Moody’s maintains sovereign debt rating
Global credit rating agency Moody’s Investors Services has maintained Cambodia’s B2/stable sovereign rating, stating in its latest credit opinion on the Cambodian government that the rating was underpinned by the Kingdom’s credit strengths, specifically its healthy growth prospects and a stable external payments position. ...
Hor Kimsay
http://www.phnompenhpost.com/business/moodys-maintains-sovereign-debt-rating
Inflation rises 1.3 percent
Cambodia’s consumer price index rose by 1.3 percent in July compared to a year earlier on the back of higher food and fuel prices, according to data from the National Institute of Statistics. The increase was also due to non-alcohol beverages, clothing and footwear, housing, water, ...
Prasac moves towards becoming a bank
Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to ...
Small rise in Kingdom’s February inflation
Cambodia saw a 1.7 per cent rise in inflation in February compared with the same month the previous year. Prices of food and fuel rose, according to official data from the National Institute of Statistics (NIS). “The increase for all index group of a 1.7 per ...
http://www.phnompenhpost.com/2013042365161/Business/small-rise-in-kingdom-s-february-inflation.html
Rabies still a public health hazard in Cambodia: WHO
PHNOM PENH, Sept. 27 (Xinhua) — The World Health Organization ( WHO) said Friday that rabies was still a public health hazard in Cambodia and called for broad vaccinations for dogs to prevent the disease. “Rabies is highly endemic and a noticeable disease in Cambodia, ” ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/health/2013-09/27/c_132756196.htm
Violence ‘cost economy $1.5B’
The consequences and containment of violence cost the Cambodian economy over $1.5 billion in 2013, just under 10 per cent of its estimated GDP for the period, according to the Institute for Economics & Peace’s Global Peace Index released yesterday. According to IEP executive chairman ...
Stuart White
http://www.phnompenhpost.com/national/violence-%E2%80%98cost-economy-15b%E2%80%99
Amret MFI gets $10M loan to aid SME reach
Amret Microfinance received a $10 million boost yesterday by a loan from German development bank KfW, according to a joint statement from the finance institutions. Chea Phalarin, chief executive officer of Amret Microfinance Institution, said yesterday that the new loan – equal to nearly double its ...
Hor Kimsay
http://www.phnompenhpost.com/business/amret-mfi-gets-10m-loan-aid-sme-reach
Disaster alert system begins
Starting today, residents of Banteay Meanchey, Pursat and Kampong Thom provinces can enroll in a disaster-response calling service through their phones in anticipation of the impending rainy season. ...
Rebecca Moss
http://www.phnompenhpost.com/disaster-alert-system-begins