Structure removed from Buddhist Institute land
A temporary structure built on the Buddhist Institute’s land by NagaCorp, which added to swirling rumors late last year that the growing casino empire was planning to develop the land and prompted hundreds of monks to march in protest, has been removed. ...
Khuon Narim
https://www.cambodiadaily.com/news/structure-removed-from-buddhist-institute-land-75808/
Losing 104 rural credit agencies ‘may allow growth’ in finance sector
The central bank’s recent revocation of the operating licences of 104 rural credit institutions (RCI) – nearly half – should not have significant ramifications on the Kingdom’s wider financial system, industry insiders and observers have assured. ...
Medical bills lead many into debt, survey reveals
Small-scale health insurance policies can be an effective way to avoid drowning in debt, according to a survey released yesterday. Fifty-eight percent of 5,275 households surveyed in Kandal, Takeo and Kampot provinces had taken out loans, with health care and medical costs being the chief reason, ...
MFI deposits double in 2014
The total amount of savings at Cambodia’s deposit-taking microfinance institutions (MFIs) reached $897 million by the end of 2014, more than doubling from its 2013 base of $445 million, according to figures from the Cambodian Microfinance Association (CMA). Prasac is the largest MFI with deposits ...
Hor Kimsay
http://www.phnompenhpost.com/business/mfi-deposits-double-2014
Interest in going organic grows with local farmers
The Cambodian Centre for Study and Development in Agriculture (Cedac), an organisation that supports local farming families and agricultural development projects, has seen strong interest in organic farming and expects to double the number of certified organic farmers and area under cultivation within a year. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/interest-going-organic-grows-local-farmers
Cambodian farmers prosper by going organic
Depending on the season, organic vegetable farmer Sem Chantha could be growing spinach, cauliflower, lettuce or collard greens on her six-hectare plot of land in Cambodia’s Kampong Speu province. The Cambodian Center for Study and Development in Agriculture (CEDAC) supports Cambodian farmers with training and ...
Daniel De Carteret, Chan Muyhong
http://www.voanews.com/content/cambodian-farmes-prosper-by-going-organic/2988764.html
Farmers’ help group pledges to raise its voice in the sector
It’s 23 years since the Cambodian Centre for Study and Development in Agriculture (CEDAC) was founded. It now stands as the pre-eminent Cambodian organisation in the fields of agricultural and rural development and is especially recognised for its farmer-led extension services, agricultural innovation training, support ...
Sorn Sarath
https://www.khmertimeskh.com/50760195/farmers-help-group-pledges-to-raise-its-voice-in-the-sector/
IBBM Launches Chartered Banker Qualifications In Cambodia
The Institute of Bankers Malaysia (IBBM) has launched the Chartered Banker qualification for the Cambodian banking industry to develop talents in the banking industry in that country. The launch of the Chartered Banker qualifications was officiated today by the National Bank of Cambodia Deputy General ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=978465
Businesses warned not to increase holiday rate
With Khmer New Year arriving next week, Prime Minister Hun Sen has warned tourism-related businesses against increasing service prices during the three-day holiday. Speaking at a graduation ceremony for students at Vanda Institute of Accounting in Koh Pich yesterday, the prime minister appealed to hotels, guesthouses, ...
Hor Kimsay
http://www.phnompenhpost.com/business/businesses-warned-not-increase-holiday-rate
UN helps ministries budget for climate change
As Cambodia continues its battle against raging thunderstorms and stifling droughts, officials from a variety of ministries attended a three-day workshop last week on how to incorporate the wide-ranging effects of climate change into the national and provincial budgeting process. ...
Jonathan Greig
http://www.khmertimeskh.com/news/25133/un-helps-ministries-budget-for-climate-change/
Inflation rates driven by increases in food prices
The Kingdom’s consumer price index tracked a 1.4 percent increase in May over April, according to National Institute of Statistics’ latest figures. Prices at the end of May were 6.5 percent higher than the same date the year previous, the figures show. Experts said Cambodia’s ...
Ministry changes its name, scope of operations
The Council of Ministers has agreed to change the name of the Ministry of Industry and Handicraft to the Ministry of Science, Technology and Innovation. The approval follows a request from Minister of Industry and Handicraft Cham Prasidh. Council of Ministers secretary of state Khoy Khun ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/ministry-changes-its-name-scope-operations
Teachers push ministry over nixed scholarship
More than 400 teachers who took part in an eight-month teaching course at the National Institute of Education (NIE) are demanding the government pay them scholarship funds that were initially promised only to be later axed over cost concerns. In a petition sent yesterday to the ...
Sen David and Sarah Taguiam
http://www.phnompenhpost.com/teachers-push-ministry-over-nixed-scholarship
Cambodia, Laos begin troop withdrawal from disputed area
Cambodia and Laos have begun to withdraw troops from disputed territory in Preah Vihear province after senior military officials from both sides conducted negotiations. Senior military officers Lieutenant General Srey Doek and Major General Duang Chan recently negotiated with Major General Soukai Phommasone, Laos’ Champassak provincial ...
Ben Sokhean
https://www.khmertimeskh.com/50639362/cambodia-laos-begin-troop-withdrawal-from-disputed-area/
More than 50 villagers seek intervention in land disputes
More than 50 people involved in land disputes in Tbong Khmum and Svay Rieng provinces gathered on Wednesday to submit a petition at the ministries of Justice; Interior; and Agriculture, Forestry and Fisheries, requesting a solution. Khiev Sarun, a representative from Svay Rieng province, told ...
Long Kimmarita
https://www.phnompenhpost.com/national/more-50-villagers-seek-intervention-land-disputes
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 ...
Deadly rabies virus gets overdue attention
It kills more Cambodians every year than malaria. More than dengue fever. It’s 100 percent preventable, but very little has been done to eradicate it. This year, Cambodia is finally taking on rabies—a killer virus most often transmitted to people through the saliva of biting dogs. A ...
Chhorn Phearun and Michael Dickison
https://www.cambodiadaily.com/news/deadly-rabies-virus-gets-overdue-attention-119414/
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
Confidence at central bank
As volatility strikes Asian markets in anticipation of the US Federal Reserve winding down quantitative easing – the practice of injecting money into the economy – the National Bank of Cambodia says the Kingdom will remain largely insulated thanks to an investment market still in ...
http://www.phnompenhpost.com/2013062566455/Business/confidence-at-central-bank.html