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Loan offtake slows, NPLs go up

Growth in the offtake of loans from financial institutions is forecast to be in single digits this year in Cambodia, compared to the 17 percent growth in 2022, according to the Cambodian Financial Sector Report 2023 by Mekong strategic Capital. ...

Manoj Mathew
https://www.khmertimeskh.com/501350471/loan-offtake-slows-npls-go-up/

Sluggish industry growth affects Cambodia’s economic outlook as improved tourism recovery expected to boost Cambodian exports

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

Khmer Times Staff
https://www.khmertimeskh.com/501363717/sluggish-industry-growth-affects-cambodias-economic-outlook-as-improved-tourism-recovery-expected-to-boost-cambodian-exports/

Climate change driving rise in natural disasters: NCDM

Over 100 people have been killed, 250 injured and 10,000 homes damaged by strong winds, lightning and fires across Cambodia in the first nine months of the year, according to a report from the National Committee for Disaster Management (NCDM). ...

Orm Bunthoeurn
https://phnompenhpost.com/national/climate-change-driving-rise-natural-disasters-ncdm

US-Cambodia Friendship Week held in Siem Reap

About 200 people attended the “2023 American-Cambodian Friendship Week”in Siem Reap on Wednesday to boost social development, promote youth education and vocational training, human resources, healthcare, and development of the tourism sector. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/501364496/us-cambodia-friendship-week-held-in-siem-reap/

Indigenous community finds 86 forest crimes in Preah Roka Wildlife Sanctuary

Indigenous community of Preah Vihear province continues to find nearly 86 forest crimes at Preah Roka Wildlife Sanctuary this September, while local officials denied the findings and asked the patrol community to cooperate with relevant officials to conserve those natural resources together. ...

Chea Sokny
https://www.postkhmer.com/national/2023-09-22-0930-254674.html

Digital literacy programme underway

The Ministry of Education, Youth and Sport and partner organisations launched a digital skill capacity building project in the education sector to provide a digital education which will contribute to the Kingdom’s human resource development. ...

Sok Raksa
https://www.phnompenhpost.com/national/digital-literacy-programme-underway

NEC to recruit voter registration officials on short-term contract

The National Election Committee (NEC) announced the recruitment of 3,300 election registration officials as short-contract employees to serve in communes in the capital and province. Each commune needs one voter registration clerk and one computer operator. ...

Nov Sivutha
https://www.phnompenhpost.com/national/nec-recruit-voter-registration-officials-short-term-contract

Single Portal logs 3.8K firms in 125 days

A total of 3,789 businesses were successfully registered on the Online Business Registration Platform, also known as the “Single Portal”, in the 125 days to October 17, bringing the cumulative figure to 18,465, according to the Online Business Registration Service, the competent government agency. ...

Hin Pisei
https://www.phnompenhpost.com/business/single-portal-logs-38k-firms-125-days

NGO to count Prey Lang Sanctuary wildlife

USAID Greening Prey Lang is conducting a line transect survey in Prey Lang Wildlife Sanctuary to check wildlife species populations in the protected area.​ Line transect sampling is a distance sampling method for estimating the abundance of wild animal populations. ...

Torn Vibol
https://www.khmertimeskh.com/501179535/ngo-to-count-prey-lang-sanctuary-wildlife/

Education ministry lists 8 areas for reforms

The Ministry of Education, Youth and Sport has established eight priority areas for reforms with a strong emphasis on human resources, global citizenship and Cambodia’s development, according to its spokesman Ros Soveacha. ...

Voun Dara
https://www.phnompenhpost.com/national/education-ministry-lists-8-areas-reforms

Four parties plan to request meetings on election reforms

Four political parties are planning to request meetings with the National Assembly (NA), National Election Committee (NEC) and the Ministry of Interior this week to submit “important” documents to them while urging revisions to the electoral system, a move they said must be made to ...

Nov Sivutha
https://www.phnompenhpost.com/national-politics/four-parties-plan-request-meetings-election-reforms

Clampdown on illegal online lending

The National Bank of Cambodia (NBC) said on Thursday they have joined forces with police to take legal action against those involved in fraudulent online lending saying it is a crime, and urged the public to contact official financial institutions when borrowing money. ...

Seng Mengheng
https://kiripost.com/stories/clampdown-on-illegal-online-lending

Significant drop in maternal, infant and mortality rates

A recent report from the Ministry of Health has indicated that maternal, infant and neonatal mortality rates have decreased significantly. ...

យឹម​ ​ស្រី​លីន
https://www.khmertimeskh.com/501102956/significant-drop-in-maternal-infant-and-mortality-rates/

Cambodian FM emphasizes need to enhance ASEAN connectivity

Cambodian Foreign Minister Prak Sokhonn has emphasized the need to enhance ASEAN (the Association of Southeast Asian Nations) connectivity, saying that a well-connected region is crucial to building an inclusive, sustainable and resilient ASEAN Community, according to a press statement released late on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501162873/cambodian-fm-emphasizes-need-to-enhance-asean-connectivity/

Workshop tackles labour rows

Ensuring harmony in industrial relations is a priority set out in the strategic Plan for Employment Development and Vocational Training 2019-2023 to contribute to the successful implementation of the government’s Rectangular strategy Phase IV. ...

Neang Kunthea
https://www.phnompenhpost.com/national/workshop-tackles-labour-rows

Rare bird’s nest count doubles in sanctuary

A Sambo Wildlife Sanctuary biodiversity monitoring and research team were on November 22 excited to report the presence of 48 lesser adjutant nests, with 68 adult birds and their chicks confirmed living in the Mekong flooded forest habitat. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/rare-birds-nest-count-doubles-sanctuary

Livelihoods in Cambodia improve when China-funded rural road projects are completed

For Dul Sarath, a 34-year-old vegetable grower in central Cambodia’s Kampong Tralach district, Kampong Chhnang,  a China-funded rural road project has made travel and the transport of produce from farms to town markets easier, saving both time and money. ...

Khmer Times Staff
https://www.khmertimeskh.com/501193088/livelihoods-in-cambodia-improve-when-china-funded-rural-road-projects-are-completed/

Railway resurgence post-Covid continues

There are now many exciting ways to travel around Cambodia. Car and motorcycle ownership has grown exponentially, there are many coach and minibus services operating, and even domestic flights are available. One major form of transport has perhaps been overlooked – the train. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/railway-resurgence-post-covid-continues

From loggers to farmers, Mondulkiri’s communities turned away from forests

Since an irrigation system was set up in his remote Mondulkiri village four years ago, Morn Samean saw his farming yields increase, reinforcing his impression that he made the right choice when he let go of his former activity, logging. ...

Teng Yalirozy
https://cambodianess.com/article/from-loggers-to-farmers-mondulkiris-communities-turned-away-from-forests

Youths lobby for tax on extraction

The NGO Youth Resource Development Programme (YRDP) has launched a campaign to promote and lobby for the establishment of an “extractive industries fund”, with more than 100 youths from various universities participating. ...

Long Kimmarita
https://www.phnompenhpost.com/national/youths-lobby-tax-extraction

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