Reporters vow to defy order to cease gathering
Journalists in Ratanakkiri province said Wednesday they would defy a “request” from the provincial government to cease gathering in public places and taking photographs during their reporting. ...
Khuon Narim
https://www.cambodiadaily.com/news/reporters-vow-to-defy-order-to-cease-gathering-84492/
Clock ticking on city’s waste crisis: reports
The government could be forced to shell out more than $120 million [≈ Finance industry 2011 political donations] to build new landfills over the next decade unless it invests in preventing Phnom Penh’s current site from reaching capacity, according to a pair of new reports. ...
Shaun Turton
http://www.phnompenhpost.com/post-weekend/clock-ticking-citys-waste-crisis-reports
MFIs defy typically slow first quarter
Total loans and deposits at the Kingdom’s microfinance institutions jumped in the first quarter of 2012 despite what is typically a slow season for the industry, insiders said yesterday. Loans outstanding reached US$708 million for the period ending on March 31, climbing 9.8 per cent from ...
Student workshop on potential mining sector
The Ministry of Mines and Energy said that the workshop called Petroleum Geological Potential Assessment was held by students from the faculty of mines and geology of the Institute of Technology of Cambodia on Tuesday, presided over by Secretary of State of the Ministry of ...
Khmer Times Staff
https://www.khmertimeskh.com/50760232/student-workshop-on-potential-mining-sector/
TR, ACLEDA join hands to boost human resources
The Trust Regulator (TR) and ACLEDA Institute of Business (AIB) on Friday signed the Memorandum of Understanding (MoU) to improve and develop human resources in the field of the trust sector across all learning institutions in Cambodia. ...
Nhean Chamrong
https://www.khmertimeskh.com/501346749/tr-acleda-join-hands-to-boost-human-resources/
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. ...
Pure seed initiative providing boost for rice harvests
Student volunteers have been instructed to advise and assist farmers on selecting superior paddy rice stems for cultivation. ...
Van Socheata
https://www.phnompenhpost.com/national/pure-seed-initiative-providing-boost-rice-harvests
20,000 youth to receive training as the Kingdom raises skilled HR
The Ministry of Labour and Vocational Training announced that nearly 20,000 young people from disadvantaged households registered for and received vocational training in the 45 days between November 15 and December 30. ...
Van Socheata
https://www.phnompenhpost.com/national/20-000-youth-to-receive-training-as-the-kingdom-raises-skilled-hr
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 ...
Cambodia Finally Starts Stock Trading
Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...
http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/
MFI loans, deposits continue to increase
Both outstanding loans and savings deposits in 35 microfinance institutions (MFIs) continued to grow from January through to June this year, according to the latest report from the Cambodia Microfinance Association (CMA). By the end of the first half of this year, total loans from MFIs ...
http://www.phnompenhpost.com/business/mfi-loans-deposits-continue-increase
Students compete in counseling competition
About 30 law students on Friday participated in the seventh Client Counseling Competition to put their newly acquired professional skills into practice and compete for a trip to the international competition in Puerto Rico in April. “We created the case based on this year’s theme, ...
Denise Hruby
http://www.cambodiadaily.com/news/students-compete-in-counseling-competition-52970/
Prasac borrows $1.5m from German company
Assets of Cambodian Microfinance Institution Prasac reached US$210 million with the combination of newly borrowed $15 million from Germany’s Deg-Deutsche Investitions Und Entwicklungsellschaft Mbh (DEG), officials said during the signing ceremony. The seven-year agreement at an annual interest rate of 5.5 per cent would help Prasac ...
Advanced Bank of Asia loans MFI $2m
The Advanced Bank of Asia (ABA) last week loaned PRASAC Microfinance Institution US$2 million to support the rapid growth of the microfinance loan industry. The domestic loan was chosen to “diversify our funding sources” because of a large reliance on overseas capital which moves many of the jobs created ...
July's inflation driven by high food prices
Fueled by a rise in food prices, inflation reached 7.1 percent in July compared to the same month last year, according to data released by the National Institute of Statistics According to the data, the price of meat increased by 16.4 percent in July compared to ...
New organisation to boost Japan-Cambodia business ties
The official website of the Cambodian Embassy in Japan reported that Cambodian Ambassador Ung Rachana hosted the opening ceremony for the Japan-Cambodia Culture and Business Council (JCBC) on Tuesday. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50630252/new-organisation-to-boost-japan-cambodia-business-ties/
Cambodia, Sri Lanka relations strengthened with Sirisena visit
At a bilateral meeting in Phnom Penh last week, Cambodia and Sri Lanka reaffirmed their commitment to strengthen bilateral relations and regional partnerships aimed at bringing peace and stability to the two nations and the world. ...
Ry Sochan
https://www.phnompenhpost.com/national/cambodia-sri-lanka-relations-strengthened-sirisena-visit
‘Encroachment affecting fishermen’
Land encroachment and declining fish catches are affecting the daily lives of fishing communities, Prak Sereyvath, the director of the Cambodian Institute for Research and Rural Development (CIRD), said on Wednesday. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/encroachment-affecting-fishermen
Report: MFI loans force land sales, increase in child labour
A report from local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT) claimed that the increasing levels of debt caused by taking loans from microfinance institutions (MFIs) is forcing rural families to sell off land. The study also claimed that the sharp rise in debt ...
Thou Vireak
https://www.phnompenhpost.com/business/report-mfi-loans-force-land-sales-increase-child-labour
Helmet use for children low despite traffic law
Research by the Asia Injury Prevention Foundation (AIPF) found helmet use by child motorbike passengers was still low in January despite the government’s much-touted Traffic Law, with observers blaming poor enforcement. ...
Bun Sengkong
http://www.phnompenhpost.com/national/helmet-use-children-low-despite-traffic-law