Repo auction offers quick liquidity fix
The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...
Hor Kimsay
http://www.phnompenhpost.com/business/repo-auction-offers-quick-liquidity-fix
MFIs seek ministry support
The Ministry of Economy and Finance (MEF) is planning to form a joint committee chaired by government officials and microfinance institutions (MFIs) to promote small loan disbursements as the new 18 percent loan interest rate cap takes effect, according to an announcement released by the ...
Hor Kimsay
http://www.phnompenhpost.com/business/mfis-seek-ministry-support
Japan firms link up to offer leasing
Rent Japan Group Inc, a publicly listed Japanese company that specializes in the recycling and reuse of consumer products, will establish a joint venture with a Japanese financial services firm to launch a new leasing company in Cambodia, it said in a filing yesterday to ...
Kali Kotoski
http://www.phnompenhpost.com/business/japan-firms-link-offer-leasing
Government eyeing low-cost housing
An estimated 7.9 million people in Cambodia will be living in urban areas by 2030, up from 4.5 million in 2014, with officials at a forum on national housing yesterday announcing ambitious plans to meet the demand for some 55,000 affordable new homes each year. ...
Touch Sokha and Yesenia Amaro
http://www.phnompenhpost.com/national/government-eyeing-low-cost-housing
NBC unveils online trading platform
In order to promote interbank transactions and lending, the National Bank of Cambodia (NBC) has officially launched a new online platform which allows financial operators to apply for and trade the central bank’s financial instruments like negotiable certificates of deposits (NCDs), liquidity-providing collateralised operations (LPCOs) ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-unveils-online-trading-platform
Mobile phones could be anti-HIV tool: study
Mobile phone technology could be an effective means to promote improved health practices among Cambodia’s female entertainment workers and help curb the spread of HIV, according to a new study conducted by the organisation KHANA and the Center for Global Health Research at Touro University ...
Cristina Maza
http://www.phnompenhpost.com/national/mobile-phones-could-be-anti-hiv-tool-study
‘Peace Museum’ opens
Defence Minister Tea Banh is slated today to preside over the official opening of the Cambodian Mine Action Centre’s new $700,000 “Peace Museum for Mine Action” at its Siem Reap regional headquarters, with Japan set to donate $12 million worth of demining equipment, an official ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/peace-museum-opens
Bid to invest in silkworm farms taking shape
Six month after announcing its intentions to invest in local silk production, a Japanese beauty company, in partnership with the Ministry of Agriculture, has released a new study on silkworms and their potential for the cosmetics industry, paving the way for more concrete action to ...
Sok Chan
http://www.khmertimeskh.com/5085780/bid-invest-silkworm-farms-taking-shape/
VietJet starts Hanoi-Siem Reap in November
VIETJET will be introducing a new route connecting Hanoi and Siem Reap, effective November 3, 2014. The daily direct flight will depart Noi Bai International Airport in Hanoi at 17.15 and Siem Reap International Airport at 18.05. ...
TTG Asia News Staff
http://www.ttgasia.com/article.php?article_id=23970
Patient death blamed on doctors’ holiday leave
The parents of a man who died at the Svay Rieng provincial referral hospital of wounds sustained in a motorbike crash say their son might have survived if doctors had not been absent from work celebrating Chinese New Year, and are planning to file a ...
Ben Sokhean
https://www.cambodiadaily.com/news/patient-death-blamed-on-doctors-holiday-leave-78498/
Thai Rights body censures firm over Koh Kong sugar plantations
The National Human Rights Commission of Thailand has accused the country’s Khon Kaen Sugar of “serious human rights violations” at its two Cambodian plantations in a new report that urges the firm to return the land to the hundreds of families forced off their farms—some ...
Zsombor Peter and Kuch Naren
https://www.cambodiadaily.com/news/thai-rights-body-censures-firm-over-koh-kong-sugar-plantations-84968/
Government announces start of garment sector wage talks
The Labor Ministry on Friday announced that formal negotiations to set a new minimum wage for the country’s all-important garment sector—now at $128 a month—will begin in July, reviving the same schedule for talks it used with unions and employers for the first time last ...
Mech Dara
https://www.cambodiadaily.com/news/government-announces-start-of-garment-sector-wage-talks-85550/
Workers race to finish grand stupa for Chea Sim
The Labor Ministry on Friday announced that formal negotiations to set a new minimum wage for the country’s all-important garment sector—now at $128 a month—will begin in July, reviving the same schedule for talks it used with unions and employers for the first time last ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/12289/workers-race-to-finish-grand-stupa-for-chea-sim/
Cambodia struggling to curb child labor
On the southern outskirts of Cambodia’s capital, a ramshackle factory turns out tens of thousands of bricks each month. Pale rows of freshly fired bricks wait for buyers under the corrugated iron roof, while a 50-meter-long oven leaks a dull heat as it bakes a ...
Robert Carmichael
http://www.voanews.com/content/cambodia-struggling-to-curb-child-labor/2833593.html
Efforts to stop deeply rooted postnatal practices ramp up
“Roasting”—a Cambodian tradition that sees new mothers lie on beds over a fire for several days in the belief it will scare off evil spirits and warm the body after giving birth—is one of many dangerous but deeply rooted practices that midwives and health practitioners ...
Maria Paula Brito and Ouch Sony
https://www.cambodiadaily.com/news/efforts-to-stop-deeply-rooted-postnatal-practices-ramp-up-86617/
Uni team seeks maps of disputed borderline
A new team of border researchers at the Royal Academy of Cambodia yesterday called for relevant stakeholders to submit maps of the disputed Cambodia-Vietnam border, in what it says is an attempt to ensure no political party uses the thorny issue to its advantage in ...
Taing Vida
http://www.phnompenhpost.com/national/uni-team-seeks-maps-disputed-borderline
Council rules NGO law constitutional
The Constitutional Council of Cambodia on Wednesday deemed new legislation regulating the country’s non-governmental organizations to be in full compliance with the Constitution, rejecting all arguments—from the U.N. down to the NGOs themselves—that it flies in the face of the highest law of the land. ...
Kuch Naren
https://www.cambodiadaily.com/news/council-rules-ngo-law-constitutional-91532/
Hydro dam does little for locals, study finds
Most families immediately downstream of Cambodia’s first major hydropower dam are worse off than they were before the project, according to a new study by U.K. researchers that urges the government to pay more attention to impacts on local residents as it gears up for ...
Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/hydro-dam-does-little-for-locals-study-finds-92523/
Kingdom’s fight goes on against HIV/AIDS
Despite progress in the fight against HIV/AIDS, Cambodia still faces challenges in its bid to prevent new infections. ...
Sar Socheath
https://www.khmertimeskh.com/50785480/kingdoms-fight-goes-on-against-hiv-aids/
Phnom Penh attracts 1,000 construction projects worth over $2.26 billion
Phnom Penh has so far attracted around 1,000 new investment projects covering a construction area of 4.63 million square metres, with an investment capital of over U$2.26 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501090915/phnom-penh-attracts-1000-construction-projects-worth-over-2-26-billion/