Central Bank to put focus on MFIs
“The Microfinance Sector in Cambodia: Opportunities and Risks” is an attempt to get a wider view and deeper insight from various researchers on fostering a robust, stable and sustainable microfinance sector, the National Bank of Cambodia (NBC) said in a statement yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/news/24373/central-bank-to-put-focus-on-mfis/
Firms ready to expand despite local skills gap
A Eurocham business confidence survey has revealed that 81 per cent of respondents – members of the business association – planned to increase investments and expand their operations in the Kingdom, but viewed transparency and the lack of skilled human resources as the major downsides ...
Ananth Baliga
http://www.phnompenhpost.com/business/firms-ready-expand-despite-local-skills-gap
Grab offers innovative carbon offset option to support Cambodian forest protection
Passengers using the Grab ride-hailing app are offered the option to travel carbon neutral, said a press release of Wildlife Conservation Society (WCS) issued this afternoon, adding that a voluntary contribution allows passengers’ rides to be offset via carbon credits from the Keo Seima Wildlife ...
Khmer Times Staff
https://www.khmertimeskh.com/50900387/grab-offers-innovative-carbon-offset-option-to-support-cambodian-forest-protection/
Cambodia offers cash handouts worth $46 million to 360,000 families affected by inflation, floods
Cambodia on Saturday began to provide cash handouts to almost 360,000 households with about 1.3 million people affected by inflationary pressures and recent floods, a senior official said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501200349/cambodia-offers-cash-handouts-worth-46-million-to-360000-families-affected-by-inflation-floods/
Japan to offer grant aid in support of cadastral surveying and land registration in Cambodia
Japan will provide Cambodia for JPY 1,338 million ($9.7 million) for the implementation of the project for the Establishment of a Nationwide Continuously Operating Reference Station Network, according to Cambodia’s Ministry of Foreign Affairs and International Cooperation’s press release and obtained by AKP today. ...
Khmer Times Staff
https://www.khmertimeskh.com/501381543/japan-to-offer-grant-aid-in-support-of-cadastral-surveying-and-land-registration-in-cambodia/
Cambodian PM Hun Sen meets senior Chinese official on bilateral ties
Cambodian Prime Minister Samdech Techo Hun Sen met with Chinese State Councilor and Defense Minister Wei Fenghe on Monday. Viewing China as a good and true friend, Hun Sen said the friendship between Cambodia and China has not only withstood the test of time but ...
Liangyu
http://www.xinhuanet.com/english/2018-06/18/c_137263198.htm
Two’s company at CSX
It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...
Eddie Morton
http://www.phnompenhpost.com/business/two%E2%80%99s-company-csx
Angkor temple dress code now in effect
At 8 a.m. on Thursday, Lin Sampho picked up an Australian tourist from a Siem Reap City hotel to take her to the Angkor Archaeological Park for a morning trek through the site’s ancient temples. ...
Phan Soumy and Janelle Retka
https://www.cambodiadaily.com/news/angkor-temple-dress-code-now-in-effect-116300/
Chinese Armed Police Force delegation visits Cambodia
Tea Banh, deputy prime minister and defense minister of the Kingdom of Cambodia, met with Yu Jianwei, deputy political commissar of the Chinese Armed Police Force (APF), in Phnom Penh on Monday. The two sides exchanged views on issues of enhancing communication and cooperation between ...
Ecns.cn News Staff
http://www.ecns.cn/military/2014/04-30/111844.shtml
Mixed reviews for ASEAN stance on maritime dispute
The Association of Southeast Asian Nations (ASEAN) is getting mixed reviews for its communique on the South China Sea issue. Many in the region view any communique as better than none at all, which happened in 2012 when Cambodia was ASEAN chair. ...
Steve Herman
http://www.voacambodia.com/content/mixed-reviews-for-asean-stance-on-maritime-dispute/2910062.html
Grand Twins may price Cambodia IPO below mid-point of indicative range
Tepid interest in a Taiwanese-owned garment manufacturer’s planned initial public offering in Cambodia means that the deal could be priced below the midpoint of an indicative range, a person with direct knowledge of the offering said Thursday. Grand Twins International (Cambodia) PLC had planned to sell ...
Festival boats off to the races in Siem Reap
By 8 a.m. on Tuesday, ornately decorated boats were already gliding down the Siem Reap River while other paddlers lounged on its shaded banks in preparation for the races at the center of this year’s biggest Water Festival celebration. ...
Buth Kimsay and George Wright
https://www.cambodiadaily.com/news/festival-boats-off-to-the-races-in-siem-reap-101242/
Attacked Prey Lang activist vows to keep up the fight
Sleeping in a hammock strung between two tall trees, deep inside Prey Lang forest, environmental activist Phorn Sopheak was startled awake at 1:30 a.m. on Sunday morning when her parked motorbike toppled over onto her body. ...
George Wright and Sek Odom
https://www.cambodiadaily.com/news/attacked-prey-lang-activist-vows-to-keep-up-the-fight-110769/
Sokha released with conditions
Opposition leader Kem Sokha was released on bail this morning after more than a year in pre-trial detention at Trapiang Thlong prison, also known as Correctional Centre 3 (CC3). He was held on treason charges. One of his lawyers Chan Chen confirmed the release and ...
Niem Chheng
https://www.phnompenhpost.com/national/breaking-sokha-released-conditions
Posts ministry offers rapid test kits at cost from S Korea, China
The Ministry of Posts and Telecommunications has announced that it will distribute two types of Covid-19 antigen rapid tests from South Korea and China, which will be made widely available at cost price. ...
Voun Dara
https://www.phnompenhpost.com/national/posts-ministry-offers-rapid-test-kits-cost-s-korea-china
Hun Sen offers ID Poor cards as incentive to halt fishing in dolphin habitat
Prime Minister Hun Sen recommended that the authorities provide ID Poors card for people living in the Irrawaddy dolphin protected areas to ensure that they stop fishing there, as their nets have caused the death of several of the rare species. ...
Families stand firm on eviction
A group of families whose homes are in the way of a municipal road-widening project rejected an offer from city hall on Friday to relocate and receive financial compensation, representatives from the community said. Located on the outskirts of Phnom Penh in Tuol Kork district, community ...
Tiger Air's First Flight to Cambodia Lands Monday
Tiger Airways’ first flight from Singapore to Cambodia is scheduled to land at Phnom Penh International Airport on Monday morning, making it the latest airline to offer direct flights to the country. Deborah Yeo, a public relations consultant for Tiger Airways, said that beginning Monday, the ...
Villagers, mining firm settle land dispute
Villagers in Ratanakkiri province’s O’Yadav district have accepted compensation offers from an Indian company seeking a licence to mine gold in the area. ...
Phak Seangly
http://www.phnompenhpost.com/villagers-mining-firm-settle-land-dispute
Cambodia is primed and open for business
On July 29, the Cambodian People’s Party (CPP) declared victory in the country’s general election. With the elections out of the way, Phnom Penh, once known as the “Pearl of Asia”, can again be viewed as a hub of opportunity, especially given Cambodia’s robust average ...
Kohe Hasan, Sin Soputhi and Billie Slott
https://www.businesstimes.com.sg/opinion/cambodia-is-primed-and-open-for-business