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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/

New study finds high levels of anemia, food insecurity, among Cambodian garment workers

The International Labor Organization’s (ILO) Better Factories Cambodia project, together with the Agence Française de Développement (AFD) and Angkor Research and Consulting Ltd., today release a few summary results of the baseline survey for the “Study on the Impact of Food Provision on Garment Workers’ Health and ...

Better Factories Cambodia

Download: pdf

Cambodia's first IPO nears

Cambodia’s first initial public offering is fast approaching, and demand is expected to be robust. Bookbuilding, the process during which bids are taken and a price set for shares, ended last Wednesday for Phnom Penh Water Supply Authority (PPWSA). The final offering price will be announced ...

http://www.bangkokpost.com/business/economics/284959/cambodia-first-ipo-nears

PM appeals for the end of lax standards

While offering no concrete solutions to the issue, Prime Minister Hun Sen yesterday appealed for graduating engineers to be aware of generally lax building standards that could have a long-term impact on public safety. Much of Cambodia’s infrastructure was redeveloped after the civil war, and ...

May Titthara
http://phnompenhpost.com/national/pm-appeals-end-lax-standards

Labor minister defends loophole in maids ban

The Minister of Labor yesterday defended his ministry’s much-criticized interpretation of Prime Minister Hun Sen’s ban on sending maids to Malaysia, after it allowed about 3,000 young women to still be sent abroad despite the serious risk of abuse and exploitation. Minister of Labor Vong Sauth ...

Asean membership has helped reduce development gaps

Cambodia has significantly benefited from its Association of Southeast Asian Nations (Asean) membership, Royal Academy of Cambodia (RAC) secretary-general Yang Peou said on Thursday during a conference to mark the 52nd anniversary of Asean’s establishment and the 20th anniversary of the Kingdom’s membership in the ...

Voun Dara
https://www.phnompenhpost.com/national/asean-membership-has-helped-reduce-development-gaps

Kingdom eyes improved food safety standard

While food safety control services and inspection systems for food products at the Industrial Laboratory Center of Cambodia (ILCC) have showed some improvements, the ILCC still lags behind Asean standards, according to Ministry of Industry and Handicraft secretary of state Sat Samy.   ...

Sok Chan
http://www.khmertimeskh.com/news/25063/kingdom-eyes-improved-food-safety-standard/

Farmers of cassava afraid of losing out to a lack of rainfall

The price for cassava plants is increasing in the Kingdom’s north-western provinces, where the new season started. Due to the lack of rain many were damaged, according to farmers and officials. Sreng Sreang, deputy director of the Pailin longan collective, which planted about five hectares of ...

http://www.phnompenhpost.com/2013031261875/Business/farmers-of-cassava-afraid-of-losing-out-to-a-lack-of-rainfall.html

Cambodia sees steady growth in tourist arrivals despite disputed election result

Cambodia registered steady growth in international tourist arrivals in the first nine months of the year although the political dispute between the ruling and opposition parties over contested elections in July remains unsolved, officials said Thursday. Tith Chantha, secretary of state at the Ministry of Tourism, ...

Nguon Sovan
http://news.xinhuanet.com/english/world/2013-10/04/c_132772459.htm

Talks with Cambodia renew hope for deal on overlapping claims area in gulf, electricity cooperation on the cards

The Energy Ministry will hold discussions with Cambodia about cooperation in electricity and the overlapping petroleum-claims area in the Gulf of Thailand during the current official visit to Phnom Penh by Deputy Prime Minister and Foreign Minister Tanasak Patimapragorn. ...

Wartcharapong Thongrung
http://www.nationmultimedia.com/business/Talks-with-Cambodia-renew-hope-for-deal-on-overlap-30242369.html

Budget to share the wealth: official

The amount of money to be allocated to commune-, district- and province-level governments is slated to rise next year in accordance with the government’s long-gestating attempts at decentralising its power. Provincial- and capital-level funding will rise to about 640.8 billion riel, with 237.2 billion riel ...

Chhay Channyda
http://www.phnompenhpost.com/national/budget-share-wealth-official

Cracking down 101

A deal to end the political deadlock may reduce demonstrations in the streets, but the authorities are leaving nothing to chance – Daun Penh’s notorious district security guards are finally receiving proper government training. City Hall spokesman Long Dimanche, who has previously said the baton-wielding district ...

Daniel Pye and Alice Cuddy
http://www.phnompenhpost.com/national/cracking-down-101

Cambodia's unions cry foul on fainting figures

Union reps and government officials are offering significantly different – if both substantial – numbers in their year-end tallies of garment workers who fainted on the job in 2012. The Free Trade Union yesterday announced that the number of workers to faint in factories rose to ...

http://www.phnompenhpost.com/2013010360603/National/cambodia-s-unions-cry-foul-on-fainting-figures.html

Better financial institutions needed for further development, economist says

For Cambodia to provide quality public services will require reform of its financial management system, an economist says. “Public financial management” is the balance of government revenue and expenditures, and it requires strong institutions to build public services like education, health and infrastructure, Heng Dyna, an ...

Ten Soksreinith
http://bit.ly/1CPht1e

Five More Years For Hun Sen; Some Ministers Reshuffled

A day after its opening session and still devoid of the 55 lawmakers-elect of the opposition CNRP, the country’s new, one-party National Assembly voted Prime Minister Hun Sen in for yet another five-year term Tuesday and approved an extensive re­shuffle of his Cabinet. In a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/elections/five-more-years-for-hun-sen-some-ministers-reshuffled-43133/

Chinese influence in Cambodia grows with army school, aid

When Defense Minister Tea Banh addressed graduates last month at Cambodia’s prestigious Army Institute, he directed his thanks to the guests who made it all possible: a group of crisply dressed officers from China’s People’s Liberation Army (PLA). ...

Aubrey Belford and Prak Chan Thul
http://www.reuters.com/article/2015/04/02/us-cambodia-china-military-idUSKBN0MT0SW20150402

Wage-setting meet up in air

Exactly who will participate in a workshop to set the minimum wage in the garment sector with the Ministry of Labour this week remained unclear yesterday, with some key figures saying they had not yet been invited. During the workshop, to be held on Thursday and ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/wage-setting-meet-air

To stop leaks, exam papers to be given to only one teacher

Copies of grade 12 examination papers will only be provided to a single teacher for each subject this year in order to identify the source of leaks, said Education Minister Hang Chuon Naron during a speech on Saturday. Mr. Naron, speaking at the American University of ...

Ben Sokhean
http://www.cambodiadaily.com/news/to-stop-leaks-exam-papers-to-be-given-to-only-one-teacher-59555/

72.33% of students pass national exams

A total of 72.33 percent of students have passed their high school diploma, with students in Phnom Penh and Kandal receiving their results today while pupils in remaining provinces have to wait until tomorrow. ...

Meas Molika
https://kiripost.com/stories/7233-of-students-pass-national-exams

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