Green bonds, red flags: Cambodia’s microfinance crisis deepens amid sustainability push
When Davuth fell behind on his microfinance loan earlier this year, a credit officer visited his home in Ratanakiri province almost daily. The officer pressured him to borrow from neighbourhood lenders or sell his farmland – his main source of income and livelihood, he said. ...
Leila Goldstein and Eung Sea
https://dialogue.earth/en/climate/green-bonds-red-flags-cambodias-microfinance-crisis-deepens-amid-sustainability-push/
Cambodia to showcase green initiatives at COP16
As the world converges in Colombia for the 16th Conference of the Parties (COP16) to the Convention on Biological Diversity (CBD), Cambodia stands ready to showcase its ambitious environmental initiatives. ...
Ben Sokhean
https://www.khmertimeskh.com/501580968/cambodia-to-showcase-green-initiatives-at-cop16/
Cambodia, China strengthen digital economy cooperation
The 2024 China-Cambodia Digital Economy Cooperation Forum and the inauguration of the China-Cambodia Digital Economy Professional Association marked a significant milestone in deepening digital cooperation between the two nations. ...
Ben Sokhean
https://www.khmertimeskh.com/501585569/cambodia-china-strengthen-digital-economy-cooperation/
Legal aid policy and regulation
Public policies are a system of laws, regulatory measures, and plans of action implemented by the government to ensure that its functions are performed predictably and consistently.1 Policies typically outline the guiding principles of an operation; meanwhile, regulations set procedural expectations. Currently, there are no ...
Seminar on Indigenous Data Sovereignty (IDS)
On 3 January 2021, Open Development Cambodia (ODC), in collaboration with the Cambodia Indigenous People Organization (CIPO) conducted a half-day virtual seminar on “Indigenous Data Sovereignty (IDS)”. The event was part of the ongoing project coordinated by Open Development Mekong and its national partners, which ...
Save Cambodia’s Wildlife (SCW)
About the PartnershipODC and Save Cambodia’s Wildlife formed a collaborative partnership in October 2012 to produce the second edition of the Atlas of Cambodia. The new atlas, published in 2014, is the successor to SCW’s 2006 edition, updated to reflect Cambodia’s rapidly changing socio-economic and environmental ...
SDG 12 Responsible consumption and production
One of the key goals of the 2030 Agenda is to “decouple economic growth from resource use and environmental degradation”.19 Sustainable consumption and production involves promotion of resource and energy efficiency as well as reduction of economic, social and environmental costs. These are intended to ...
SDG 10 Reduced inequalities
The 2030 Agenda was developed to reflect that “the international community has made significant strides towards lifting people out of poverty (). However, inequality still persists and large disparities remain in access to health and education services and other assets”. 48Although the number of people ...
SMEs policy and regulation
The Covid-19 pandemic has caused a major economic shock in Cambodia, having a spillover on Cambodian micro, small and medium enterprises (MSMEs) and small household farmers’ survival and business continuity.74 Digital technologies are crucial during the pandemic, in which the owners of SMEs should focus ...
Disaster and emergency response funding
Cambodia has begun to integrate disaster and climate resilience goals into its national policies but implementation remains difficult. In the National Action Plan for Disaster Risk Reduction 2014–2018, the government prioritizes the target to: “build a resilient nation and local communities to pursue sustainable development.” ...
Workers urge Angkor boycott
Angkor beer workers have been handing out flyers calling for a protest of the brand owned by Cambrew Ltd as the beer promoter strike entered its second day. International NGOs are being urged by the Cambodian Food Service Workers’ Federation to support the strikers by ...
http://www.phnompenhpost.com/index.php/2011072750661/National-news/workers-urge-angkor-boycott.html
Inflation Report To Be Delayed Official Says
With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...
Islamic Microfinance Form to Be Established
A joint venture between Yayasan Restu, a Malaysian organization, and the Cambodian Muslim Development Foundation is set to establish a microfinance institution with $1 million in start-up capital. The institution will allow members of Cambodia’s Myslim community to obtain loans necessary to start small businesses. ...
Low Funds May Have Led to CPI Suspension
An official at the Ministry of Planning said yesterday that a lack of funds may be to blame fo the Ministry of Finance and Economy suspending the publication of June’s consumer price index. Sam Saroeun, deputy director of the statistics department at the Ministry of ...
Business Registrations Up 34% This Year
The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...
Fainting factory told to act
Another garment factory within the International Labour Organisation’s Better Factories program was hit by a mass fainting incident yesterday. More than 50 employees of Heart Enterprise (Cambodia) Co Ltd began collapsing soon after starting their shift at the facility, in Phnom Penh’s Dangkor district. An ...
http://www.phnompenhpost.com/index.php/2011090151398/National-news/fainting-factory-told-to-act.html
Labour draft law revamped
The government has dropped controversial criminal penalties targeting unionists in its latest draft of the union law, Commerce Minister Cham Prasidh said yesterday. Addressing a meeting of representatives of international apparel brands, including Nike, Adidas and PUMA, unions, government officials and the International Labour Organisation, ...
http://www.phnompenhpost.com/index.php/2011090751499/National-news/labour-draft-law-revamped.html
Digital content key to growth for Kingdom's telecom firms
CAMBODIAN telecoms must produce digital content to remain competitive in the country’s crowded sector, experts said yesterday. However, others claimed the consumer market for that content was still too small. A lack of domestically produced TV programs, websites and other digital offerings has Cambodia’s estimated 755,000 internet ...
Company backtracks, says villagers will now get land
The director of TTY rubber company, whose guards shot four land protestors in Kratie province last week, said he will give land back to the protesting villagers, backtracking on his vow Friday not to give up any of the land granted to him by the ...
Ease Flood Victims' Debts, Hun Sen Tells MFIs
Prime Minister Hun Sen has called on microfinance institutions to reduce interest rates and expand repayment periods for the tens of thousands of families affected by last year’s devastating floods. Addressing microfinance institutions (MFIs) on Tuesday during a conference at the Ministry of Rural Development, ...