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ACLEDA Bank launches ACLEDA Internet Bank

ACLEDA Bank PLC, the Cambodia’s leading commercial bank, has launched a new service called “ACLEDA Internet Bank”, according to a statement on its website. The statement said the new service would offer additional alternative for its value customers in doing financial transactions via the internet at ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=NTg0YTVkMDcwMjg

Inter-ministry committee announced for new Mondulkiri airport

The Cambodian government has formed a new inter-ministry committee to lead and facilitate the construction of a domestic airport in Mondulkiri province. ...

Chea Vanyuth
https://www.khmertimeskh.com/50814160/inter-ministry-committee-announced-for-new-mondulkiri-airport/

‘Indo-Pacific Economic Framework’ not a blessing to Asia

IPEF is created to encourage regional economies to “decouple” from the Chinese market by leading them to alternative supply chains, a step that Washington believes will help exclude China from the regional trading and supply systems. ...

Khmer Times Staff
https://www.khmertimeskh.com/501076225/indo-pacific-economic-framework-not-a-blessing-to-asia/

IMF says GDP will grow to 6.7 percent this year

The International Monetary Fund yesterday estimated that economic growth in Cambodia would reach 6.7 percent this year, though it warned that a slowdown in the US and Europe could lead to a dip in the economy. In its world economic outlook, the IMF also predicted that ...

EU never envisaged putting trade sanctions on Kingdom: Mogherini

In an interview with the Nikkei Asian Review on July 31, Mogherini – who is also the Vice-President of the European Commission – was asked whether the EU’s possible sanctions would lead to reforms in Cambodia, to which she said the Kingdom “needed to respect ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/eu-never-envisaged-putting-trade-sanctions-kingdom-mogherini

Thousands displaced by flooding of Mekong

Nearly 1,000 families residing in provinces along the Mekong River had been evacuated to safe areas as of Tuesday, while 1,133 houses in Kratie province had been inundated, according to provincial authorities. The water levels in the provinces had risen significantly, they said, leading schools ...

Voun Dara
https://www.phnompenhpost.com/national/thousands-displaced-flooding-mekong

Japanese condo developer unfazed by concerns of oversupply

Despite warnings that an oversupply of luxury condominiums is imminent due to the number of new projects being built, a leading Japanese investor in the property sector in Cambodia says the market remains very attractive because two decades of strong economic growth are fuelling demand ...

May Kunmakara
http://www.khmertimeskh.com/news/20716/japanese-condo-developer-unfazed-by-concerns-of-oversupply/

Hun Sen’s lawyer receives promotion

After leading the legal team that won the widely condemned dissolution of the CNRP at the Supreme Court in November, Ky Tech, lawyer for the Council of Ministers and Prime Minister Hun Sen, has been given a rank equivalent to minister just weeks after he ...

Mech Dara
http://www.phnompenhpost.com/national/hun-sens-lawyer-receives-promotion

Economic changes needed, says ADB

lead economist working with the Asia Development Bank (ADB) has said that Cambodia needs to rethink its economic model, which is heavily based on export-driven growth, as it prepares to shed least developed country (LDC) status, a transition that is expected to take place by ...

May Kunmakara
http://www.khmertimeskh.com/5084612/economic-changes-needed-says-adb/

GMS to enhance cooperation

With leaders from the Greater Mekong Sub-region gathering next week in Phnom Penh for a new summit on Lancang-Mekong Cooperation, leading political thinkers and researchers say the LMC mechanism plays a crucial role in enhancing economic cooperation in the region and complements the work being ...

Chea Vannak
http://www.khmertimeskh.com/50100170/gms-enhance-cooperation/

Acleda Plans to Launch Internet Banking Services

Acleda Bank PLC plans to launch internet banking services in September, the bank’s president and CEO, In Channy, said yesterday. Internet banking will be available to customers in Cambodia and abroad, Mr. Channy said. The system Acleda chose, he said, is used by many leading ...

http://www.cambodiadaily.com

Political negotiations to continue after sub-national elections

A leading official from the opposition’s political negotiation team says more talks are planned with the ruling party. Son Chhay, a lawmaker-elect for the Cambodia National Rescue Party, said Monday that talks to end the deadlock will continue following the latest round of sub-national elections, which ...

Heng Reaksmey
http://www.voacambodia.com/content/political-negotiations-to-continue-after-sub-national-elections/1912757.html

Economist Says Asean Likely To Miss Key Deadlines for Integration

Southeast Asian countries are likely to miss a deadline for the economic integration of Asean in 2015, a leading economist says. Jayat Menon, an economist for the Asian Development Bank, told reporters in Phnom Penh Wednesday that Asean countries are behind on key targets for integration ...

Suy Heimkhemra
http://www.voacambodia.com/content/economist-says-asean-likely-to-miss-key-deadlines-for-integration-/1899474.html

Japanese PM to visit Cambodia this Sunday

KISHIDA Fumio, Prime Minister of Japan, will lead a high delegation to pay an official visit to the Kingdom of Cambodia on Mar. 20-21, 2022, at the invitation of Prime Minister  Hun Sen. ...

Khmer Times Staff
https://www.khmertimeskh.com/501043547/japanese-pm-to-visit-cambodia-this-sunday/

Phnom Penh Cleans Up Prior To Next Week’s Asean Summit

In addition to security and public order initiatives in the lead-up to next week’s Asean Summit, Phnom Penh authorities said yesterday they would be redoubling their “clean city” efforts. “We’re keeping security and order, and we asked Cintri [waste disposal company] to double the numbers of ...

Hun Sen to protect peace

Prime Minister Hun Sen has vowed to protect peace and people’s lives as long as he leads the Kingdom. Mr Hun Sen wrote on his Facebook yesterday saying that no one or group would be allowed to stage a coup or start a colour revolution ...

Taing Vida
https://www.khmertimeskh.com/50536177/hun-sen-to-protect-peace/

NGO: Use bail to tackle ‘appalling’ overcrowding

The number of people being held in Cambodian prisons has reached epidemic proportions, leading to overcrowding and corruption, and causing families to suffer unnecessarily, claims a report by local NGO Licadho. However, Ministry of Justice spokesman Chin Malin rejected the findings, saying the rise in ...

Mech Dara
https://www.phnompenhpost.com/national/ngo-use-bail-tackle-appalling-overcrowding

Ministry issues guidelines to deal with hot weather

The Health Ministry yesterday issued guidelines on how people can prevent illnesses during extremely hot weather caused by the El Nino phenomenon. Ly Sovann, Communicable Disease Control Department director, yesterday said that people should drink boiled water regularly and avoid drinking too much alcohol or ...

Pech Sotheary
https://www.khmertimeskh.com/50576721/ministry-issues-guidelines-to-deal-with-hot-weather-2/

More than 30K palm tree seeds planted near Lao border in Stung Treng

Some 30,000 palm tree seeds were planted on Monday along a 10km stretch of National Road 7 leading to the Cambodia-Laos border in Stung Treng province. The seeds were planted on both sides of the road between post markers 040 and 042, the Stung Treng ...

Khorn Savi
https://www.phnompenhpost.com/national/more-30k-palm-tree-seeds-planted-near-lao-border-stung-treng

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