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Finance curriculum to be in schools by 2019

The central bank announced yesterday that it was close to finalising a new academic curriculum to promote financial literacy with the aim of incorporating it into schools nationwide by the start of the 2019 academic year. ...

Hor Kimsay
http://www.phnompenhpost.com/business/finance-curriculum-be-schools-2019

Kampot governor out after a mere 1.5 years

Kampot is due to have a new governor after just over a year and a half under current Governor Chan Chesda, according to a royal decree signed on Tuesday. The decree appoints Cheav Tay as the new governor, and indicates Chesda is to transfer to ...

Kong Meta
http://www.phnompenhpost.com/national/kampot-governor-out-after-mere-15-years

Ministries to form taskforce to protect forests

The Environment Ministry has requested the National Defence Ministry to form a joint working group over the use of land in natural protected areas to cut down on land disputes and instances of illegal logging. Defence Ministry spokesman General Chhum Sucheat said both parties agreed last ...

May Titthara
http://www.khmertimeskh.com/50110603/ministries-form-taskforce-protect-forests/

Tea Banh 'hurt' by calls for PM to step down

A day after a bipartisan election reform committee put the neutrality of the armed forces into a list of proposed areas of reform, Defence Minister Tea Banh reiterated that the armed forces would not tolerate opposition supporters calling for Hun Sen to step down. ...

Vong Sokheng
http://www.phnompenhpost.com/national/tea-banh-hurt-calls-pm-step-down

Businesses up, reveals survey

Cambodia increased the number of business enterprises it had to 513,759 companies at the end of March last year, up from the 463,363 enterprises accounted for in 2011, according to the final results of the 2014 Cambodia Inter-Censal Economic Survey. ...

Hor Kimsay
http://www.phnompenhpost.com/businesses-reveals-survey

Commune staff get up to 60 pct pay rise

Cambodia’s local authorities will receive a pay bump of up to 60 per cent starting this month, the government revealed yesterday. A commune chief will now get 400,000 riel (about $100) per month, up from 300,000 riel ($75); first and second deputy commune chiefs will get ...

Chhay Channyda
http://www.phnompenhpost.com/post-weekend/commune-staff-get-60-pct-pay-rise

Gov’t to discuss Bokor mountain management

Two government ministers will meet with a National Assembly commission on Monday to discuss a tourism management plan for Bo­kor Mountain, according to CNRP lawmaker Yem Ponhea­rith, who last month visited the mountain to inspect burial sites popular with Vietnamese tourists. ...

Khuon Narim
https://www.cambodiadaily.com/news/govt-to-discuss-bokor-mountain-management-79257/

Anti-money laundering draft law approved

Cambodia’s draft law of anti-money laundering bill has been approved today at the Council of Ministers meeting chaired by Prime Minister Hun Sen. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50723656/anti-money-laundering-draft-law-approved/

Planning ministry hands out cash to 420,000 poor families in Kingdom

The Ministry of Planning has identified 20,000 more poor families in the country, bringing the total to over 580,000, while over 420,000 of them have received the government’s cash assistance. In the meantime, many social security cards from families not deemed to be poor have ...

Ry Sochan
https://www.phnompenhpost.com/national/planning-ministry-hands-out-cash-420000-poor-families-kingdom

Press release: $100 million climate-resilient road project to improve access to basic services, economic opportunities

On 16 July 2020, the World Bank’s Board of Executive Directors today approved a $100 million credit from the International Development Association (IDA) for the Cambodia Road Connectivity Improvement Project. The project will enhance rural communities’ access to critical services, such as health centers, referral ...

World Bank

Download: pdf

Draft digital policy speeding up

The government is speeding up its draft digital policy to adapt the economy to e-government. Minister of Post and Telecommunications Chea Vandeth was joined by the Ministry of Economy and Finance (MEF) Secretary of State Vongsey Vissoth to discuss the government’s digital policy concept note. ...

Sorn Sarath
https://www.khmertimeskh.com/50749967/draft-digital-policy-speeding-up/

CamDX to add three more ministries to its network

The Industry Science Technology and Innovation, Tourism and the Post and Telecommunications ministries will join the newly launched Cambodia Data Exchange (CamDX) platform to exchange data with other ministries as well as with the private sector. ...

Tin Sokhavuth
https://www.khmertimeskh.com/50926187/camdx-to-add-three-more-ministries-to-its-network/

Cambodia planning $100M in bond issue

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-planning-100m-in-bond-issue

Vietnam, Cambodia promote cooperation in industry and trade

Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...

Khmer Times Staff
https://www.khmertimeskh.com/501406114/vietnam-cambodia-promote-cooperation-in-industry-and-trade/

In Cambodia, culture shapes identity, spurs economic growth

Last year, the United Nations called for culture to be given top priority in the post-2015 global development agenda, citing its importance to economic growth, social inclusion, equality, and sustainable development. It is difficult to quantify the impact culture has on a nation, particularly for a developing ...

Julia Chen
http://asiafoundation.org/in-asia/2014/02/12/in-cambodia-culture-shapes-identity-spurs-economic-growth/

ACU takes aim at bribes

The Anti-Corruption Unit has set its sights on illegal fees paid at the commune level and intends to stamp out a decades-old culture of bribery within the next four months, ACU officials announced yesterday. At a press conference, acting ACU president Chhay Savuth said that 22 ...

http://www.phnompenhpost.com/index.php/2012050956060/National-news/acu-takes-aim-at-bribes.html

Gov’t looks to 2014 for adoptions

The long-awaited resumption of international adoptions may finally occur in the new year, officials from the ministries of Justice and Social Affairs said yesterday, though no time table is yet in place. While the freeze on adoptions – put in place in 2009 with the passage ...

Amelia Woodside and Sen David
http://www.phnompenhpost.com/national/gov%E2%80%99t-looks-2014-adoptions

Imports from Thailand show decline

The Thai embassy has released figures that show that exports to Cambodia have decreased slightly from $1.095 billion to $1.091 billion. Total trade between the nations has increased by 3.5 percent for during the first of the year when compared to last year. Cambodia has ...

http://www.phnompenhpost.com/index.php/2011071950473/Business/bilateral-trade-imports-from-thailand-show-decline.html

Cambodia looks to banking and agriculture to spur growth

Garment-making has been a mainstay of Cambodia’s fledgling economy, chalking up between 6 and 7 percent annually for the past four years. But, the country is turning its focus back to the land in the hope that rice growing and other farming produce, will lift growth ...

http://www.channelnewsasia.com/stories/economicnews/view/1184944/1/.html

Ministry matters: Pawnshops must apply for license

The Ministry of Economy and Finance has called on all unregistered pawnshops to apply for an operating license by March 31 or face legal action, according to a government announcement on Friday. The move follows the 2010 law that first legalised pawnshops in the Kingdom, an ...

http://www.phnompenhpost.com/index.php/2012031254975/Business/ministry-matters-pawnshops-must-apply-for-license.html

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