Budget for a rising economy
Government spending on social welfare and economic development could both see double-digit growth next year, according to a document summarizing expenditures in next year’s budget that will be discussed at a Cabinet meeting chaired by Prime Minister Hun Sen today.
May Kunmakara
http://www.khmertimeskh.com/news/16970/budget-for-a-rising-economy/
Banking with a positive spin
A banking sector initiative launched yesterday aims to advise Cambodia’s financial sector on best practices for sustainable lending while capitalising on the growing pool of international funds that could flow into green and socially responsible projects. The Sustainable Finance Initiative will conduct two years of
Kali Kotoski
http://www.phnompenhpost.com/business/banking-positive-spin
A King’s temple remembered
The elders of Banteay Village have a favorite comparison when discussing the temple perched above a floodplain on the outskirts of town.
James Reddick and Chea Takihiro
http://www.khmertimeskh.com/news/15951/a-king---s-temple-remembered/
A clearer picture for lenders
The double-digit growth of consumer lending in Cambodia has created a need for a comprehensive and centralised database of individual credit histories. The Post’s Cam McGrath sat down with Pascal Ly, CEO of the Credit Bureau Cambodia (CBC), to discuss the role of the Kingdom’s
Cam McGrath
http://www.phnompenhpost.com/business/clearer-picture-lenders
Information law a step closer
The information minister announced yesterday that the government is one step closer to establishing an access to information law, in response to demands for a more transparent and responsive government.
Ros Chanveasna
http://www.khmertimeskh.com/news/24538/information-law-a-step-closer/
Activist monk a wanted man
Phnom Penh Municipal Court has issued a warrant for the arrest of a prominent activist and former monk currently living in self-imposed exile who it says has been found guilty of forging public documents and wearing monks’ robes after being defrocked.
Taing Vida
http://www.phnompenhpost.com/national/activist-monk-wanted-man
Petroleum law a step closer
The Ministry of Mines and Energy (MME) yesterday sent the newly-drafted petroleum law to civil society organizations and other partner institutions working in the extractive sector for consultations before submitting it to the Council of Ministers for approval by the end of this year.
Sok Chan
http://www.khmertimeskh.com/news/27469/petroleum-law-a-step-closer/
Innovation for a fruitful harvest
The integration of technology into Cambodia’s agricultural sector is vital to increase the competitiveness and overall performance of the Kingdom’s harvest, but efforts to push for widespread adoption of innovative solutions has been slow to take off, industry experts and stakeholders said at a forum
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/innovation-fruitful-harvest
Give farmers a break: PM
Prime Minister Hun Sen yesterday called on banks and microfinance institutions (MFIs) to suspend loan repayments by borrowers affected by this year’s drought, or either make the loans interest free or cut the rates.
May Kunmakara
http://www.khmertimeskh.com/news/18453/give-farmers-a-break--pm/
A watery problem and solution
According to a 2013 United Nations Environmental Protection report, a water hyacinth plant releases more than 3,000 seeds every year and, because its roots are floating, it does not need to be in shallow water to survive. Water hyacinth has moved rapidly across South America,
Khmer Time Stuff
http://www.khmertimeskh.com/news/26219/a-watery-problem-and-solution/
Army worms beating a retreat
The plague of army worms that were eating crops in a dozen provinces last week is now under control, the Minister of Agriculture, Forestry and Fisheries has reported, with the soybean crops recording the most damage.
Chea Vannak
http://www.khmertimeskh.com/news/26482/armyworms-beating-a-retreat/
A roadmap for financial growth
The government yesterday unveiled its financial sector development strategy for 2016 to 2025, which provides stakeholders with a document to evaluate the last decade of growth while outlining an action plan for the next decade. Chea Serey, director-general of the NBC, said the content of
Hor Kimsay
http://www.phnompenhpost.com/business/roadmap-financial-growth
Sihanoukville facing a trash crisis
Sihanoukville officials are scrambling to figure out how they will collect rubbish throughout the city – one of the top tourism destinations in the country – if waste management firm Cintri makes good on a recent threat to halt services on September 14, raising concerns
Soth Koemsoeun
http://www.phnompenhpost.com/national/cambodia-laos-set-border-committee
Ending poverty a big issue
The public has spoken and among their top priorities for spearheading sustainable development in Cambodia are eradicating poverty, administering quality education and achieving peace and justice, according to a new survey published by NGO World Vision. The survey takes focus on 2030’s UN Sustainable Development Goals
Safiya Charles
http://www.khmertimeskh.com/news/31539/ending-poverty-a-big-issue/
Patience a virtue for coconuts
Khdib Sreymich, general manager of Coco Khmer, a Cambodia-based coconut cosmetics manufacturer, said her company is forced to import coconuts from Vietnamese suppliers to meet consumer demand for the company’s products. She explained that the farmers preferred to sell the coconuts when they were young,
Cheng Sokhorng
http://www.phnompenhpost.com/business/patience-virtue-coconuts
A road paved with promise
Land prices along one of Cambodia’s main highways have seen a slight increase in the first half of 2017, thanks to road improvements and residential developments, insiders say.
Sum Manet
http://www.khmertimeskh.com/5073593/road-paved-promise/
Public transport a priority: WB
As the urban population continues to grow at rate of 2.6 percent per year, improving public transport and coming up with detailed urbanisation plans should be top priorities for authorities in Phnom Penh, as well as for other urban centres, including Sihanoukville and Siem Reap,
Chea Vannak
http://www.khmertimeskh.com/5084611/public-transport-priority-wb/
Business a priority: Hun Many
Ruling Cambodian People’s Party (CPP) lawmaker Hun Many reassured investors yesterday, saying the government was focusing on ensuring a good investment climate in the country underpinned by social stability.
May Kunmakara
http://www.khmertimeskh.com/5087901/business-priority-hun-many/
Half a million voters register
The National Election Committee yesterday closed the voter registration list at 5.30 pm, with more than 32 percent of an estimated 1.6 million newly eligible voters having signed up successfully. NEC spokesman Hang Puthea said final registration figures will be released today.
Mom Sophon
http://www.khmertimeskh.com/5089916/half-million-voters-register/
Water security still a priority
Cambodia has not yet attained full water security, the water resources minister said yesterday at an Asia-Pacific summit.
Mom Kunthear
http://www.khmertimeskh.com/5095364/water-security-still-priority/
