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responsAbility Invests $13.5m in Microfinance Institutions (MFIs) VisionFund Cambodia, Equity Bank of Kenya

responsAbility Social Investments AG, a Swiss for-profit company that operates four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has invested USD 13.5 million in microfinance institutions (MFIs) Equity Bank of Kenya and VisionFund Cambodia. The investments have been made through three MIVs: ...

http://www.microcapital.org/microcapital-brief-resposnability-invests-13-5m-in-microfinance-institutions-mfis-visionfund-cambodia-equity-bank-of-kenya/

No Power Leads to No Water In Sihanoukville

The water shortage that has led to tens of thousands of households in Sihanoukville without running water for the past week occurred after provincial officials decided to limit power to a water pumping facility operated by the tourist town’s privately-owned distributor, a manager at the ...

http://www.cambodiadaily.com/news/no-power-leads-to-no-water-in-sihanoukville-16858/

Government Goes to China in Search of New Loans

Prime Minister Hun Sen will travel to China on Saturday to meet with the rising superpower’s new leadership, in a trip the government expects to yield nearly $2 billion in loans and aid. Most significantly, the Government is hoping to secure Chinese funding for a 1.67 ...

http://www.cambodiadaily.com/news/government-goes-to-china-in-search-of-loans-17314/

Better Recovery for Construction and Real Estate Sector

2012 has been an impressive year for Cambodia’s economic resilience. Among the many sectors that had positively grown are the construction and property development [sic] and they are expected to be among the highest growth achievers in the current year as well. In 2012, the ...

http://www.cambizreview.com

Mfone's towers are a hard sell

Nearly a decade ago, Meng Chor inherited a rooftop rental agreement with a telecommunications firm after buying a property on Mao Tse Toung Boulevard. For $300 a month over a 10-year lease, the contract allowed the company that later became Mfone to keep the cell tower ...

http://www.phnompenhpost.com/business/mfones-towers-are-hard-sell

Loss of Forest in Cambodia Among Worst in the World

Cambodia lost more than 7 percent of its forest cover over the past 12 years—the fifth fastest rate in the world—according to a new study of global forest cover change that sharply contradicts the government’s own rosier figures. Published Friday in the journal Science and led ...

Zsombor Peter
http://www.cambodiadaily.com/news/loss-of-forest-in-cambodia-among-worst-in-the-world-47259/

Report Says More Than 10 Percent of Children Are ‘Laborers’

More than 10 percent of children in the country aged between 5 and 17 work as laborers, with more than 5 percent engaged in “hazardous labor,” a situation that must be addressed by the government, the International Labor Organization (ILO) said in a report released ...

Colin Meyn
http://www.cambodiadaily.com/news/report-says-more-than-10-percent-of-children-are-laborers-48198/

At the Neak Leung Ferry Terminal, Bribes Pay the Way

Every year, tens of thousands of people cross the Mekong River from Kandal to Prey Veng province to celebrate the Pchum Ben festival with their families. For some, queuing at the Neak Leung ferry terminal breathing in the exhaust fumes of thousands of vehicles can ...

Matt Blomberg and Mech Dara
http://www.cambodiadaily.com/news/at-the-neak-leung-ferry-terminal-bribes-pay-the-way-44330/

City Hall Announces New Plan to Raise Living Standards of Poor

City Hall announced a new plan to improve living standards in the city’s poorest areas Tuesday on International Human Rights Day, while representatives for the urban poor continued to call on the municipality to issue longsought after land titles. Addressing a crowd of 600 at Olympic ...

Kuch Naren
http://www.cambodiadaily.com/news/city-hall-announces-new-plan-to-raise-living-standards-of-poor-49078/

Aeon microfinance booms with mall on horizon

When Sor Songheng, a manager for an accountancy firm, wanted to replace his cheap Nokia phone a few months ago, he set his heart on a top-of-the-line iPhone 5S worth $780—nearly his entire monthly salary of $800. But instead of scrimping and saving for months to ...

George Styllis
http://www.cambodiadaily.com/news/aeon-microfinance-booms-with-mall-on-horizon-58122/

His Excellency Chhieng Yanara, Minister Attached to the Prime Minister and Secretary General of the Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) held a courtesy call with His Excellency Christian Berger, Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the Kingdom of Cambodia via video conference

On 19 October 2021, the Council for the Development of Cambodia issued a press release on His Excellency Chhieng Yanara, Minister Attached to the Prime Minister and Secretary General of the Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) ...

Council for the Development of Cambodia

Download: pdf

Banning travelers from 10 countries in Africa or with a history of traveling to 10 countries during the three weeks prior to entering Cambodia

On 29 November 2021, the Ministry of Health issued a press release banning travelers from 10 countries in Africa or with a history of traveling to 10 countries during the three weeks prior to entering Cambodia. The Kingdom of Cambodia has decided to ban travelers ...

Ministry of Health

Download: pdf

Development of mega-airport continues, despite opposition by locals

Families who have to make way for Phnom Penh’s new mega airport are refusing to relocate to land set aside for them, and are demanding more monetary compensation for what they’re being forced to vacate. ...

Sorn Sarath and Seoung Nimol
https://cambojanews.com/development-of-mega-airport-continues-despite-opposition-by-locals/

Four community fisheries in Kampot attended a training on business plan and digital literacy

On 17 May 2024, Open Development Cambodia (ODC) organized a full-day training in Tuek Chhou district, Kampot province, attended by 24 participants, including six women who lead or run businesses from four community fisheries and tourism communities: Trapeang Sangke, Kampong Samaki, Prek Tnaot, and Trapeang ...

2018 AODP Dialogue and International Open Data Conference

The Asia Open Data Partnership is an regional event launched since 2015 with 8 partners from 6 countries in Asia. The 2018 AODP Dialogue is  the 4th Dialogue that is organized by Korean partner, the National Information Society Agency (NIA), and hosted by Ministry of ...

Multilateral development assistance

Mr Il Oeur, director of Analysing Development Issues Centre (ADIC), a domestic NGO and WorldFish partner in Cambodia, leads a local dialogue session. Photo by WorldFish, taken on 27 June 2013. Licensed under CC BY-NC-ND 2.0Multilateral aid is funding that is funneled between more than ...

More competition from Thai millers

Thai government proposals to pay above market prices to rice farmers could complicate Cambodia’s goal of becoming a major milled rice exporter, according to industry insiders. Pheu Thai party leader Yingluck Shinawatra has announced plans to buy rough rice for a guaranteed price of 15,000 ...

http://www.phnompenhpost.com/index.php/2011080350827/Business/more-competition-from-thai-millers.html

Korea trade keeps on climbing

CAMBODIA’S trade with South Korea grew 38 percent in the first half of 2011 on the same period last year, according to Korea Trade-Investment Promotion Agency (KORTA) statistics. The growth is partly due to increasing numbers of South Korean importers seeking business in Cambodia, KOTRA’s ...

http://www.phnompenhpost.com/index.php/2011080850915/Business/korea-trade-keeps-on-climbing.html

Inflation fuels protest over petrol prices

More than 200 factory workers gathered at Freedom Park near Wat Phnom yesterday to urge the government to cut taxes on petrol, saying fuel prices were driving food prices beyond what they could afford. But the government is doing all it can to curb inflation ...

http://www.phnompenhpost.com/index.php/2011080850926/National-news/inflation-fuels-protest-over-petrol-prices.html

World Bank fund halt irks officials

THE government expressed disappointment yesterday with the World Bank’s announcement that it had halted new country loans due to the ongoing land dispute at Boeung Kak lake in Phnom Penh and vowed to raise the issue with the bank’s executive board. “We are very dissatisfied ...

>http://www.phnompenhpost.com/index.php/2011081050948/National-news/world-bank-fund-halt-irks-officials.html

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