Riel-based deposits and lending help NBC’s de-dollarisation efforts
The banking system has played a crucial role in supporting Cambodia’s recovery from the economic downturn in the wake of Covid-19 with National Bank of Cambodia (NBC) pursuing an accommodative and prudent monetary policy to meet the needs of the economy. ...
Manoj Mathew
https://www.khmertimeskh.com/501263299/riel-based-deposits-and-lending-help-nbcs-de-dollarisation-efforts-2/
France to inject €215M into Kingdom’s development projects
France vowed to continue financing development projects in the Kingdom by adding a budget worth €215 million through the French development Agency (AFD) focusing on the improvement of vocational training, energy sector and production of clean water. ...
Nhean Chamrong
https://www.khmertimeskh.com/501426619/france-to-inject-e215m-into-kingdoms-development-projects/
France grant major loans to boost Cambodia’s growth, development
France, through its development agency AFD, will provide sovereign loans of over $230 million to support Cambodia’s economic growth and human resource development. ...
May Kunmakara
https://www.phnompenhpost.com/national/france-grant-major-loans-to-boost-cambodia-s-growth-development
Exports to EU show promise
Cambodia’s exports to the European Union increased by 40 per cent to a total value of US$1.3 billion in 2011, according to European Trade Commissioner Karel de Gucht, who is in Phnom Penh for the ASEAN-EU Business Summit. “I think it is fair to say ...
http://www.phnompenhpost.com/index.php/2012040255365/Business/exports-to-eu-show-promise.html
Tourism ministry to build vocational schools
The government plans to build two vocational training centers in Phnom Penh and Sihanoukville in an effort to strengthen the competitiveness of the tourism sector in Cambodia, the minister of tourism said Monday. ...
Peter Ford and Kang Sothear
https://www.cambodiadaily.com/news/tourism-ministry-to-build-vocational-schools-95017/
Anemia in Kingdom not always about iron: study
Nearly half of Cambodian women of reproductive age suffer from at least mild anemia, however iron and other nutrient deficiencies may not be to blame, a study published on Friday suggests. ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/anemia-kingdom-not-always-about-iron-study
Bosch says sales rising on growth of economy
Bosch Cambodia, a supplier of power tools and automotive parts, announced yesterday that its sales revenue grew by 22 per cent in 2015, driven largely by a greater number of construction and automotive projects in the Kingdom. ...
Hor Kimsay
http://www.phnompenhpost.com/business/bosch-says-sales-rising-growth-economy
AFD provides $1.8m grant to protect rubber sector in Cambodia
The Agence Française de Développement (AFD) and the Cambodian General Directorate of Rubber on Friday signed an agreement for a $1.8 million (1.5 million euro) regional grant to anticipate the possible effects of climate change and agricultural labour scarcity within the rubber industry in Southeast ...
Khmer Times Staff
https://www.khmertimeskh.com/50930382/afd-provides-1-8m-grant-to-protect-rubber-sector-in-cambodia/
France to provide $100 million for water pumping station project
The French government through the Agence Francaise de development is providing more than $100 million in additional loans for the construction of a water pumping station at the Bakheng Clean Water Treatment Plant. ...
Mom Kunthear
https://www.khmertimeskh.com/50675521/france-to-provide-100-million-for-water-pumping-station-project
NSSF to study coverage of agricultural workers
The National Social Security Fund (NSSF) and the Group For Research and Technology Exchanges (GRET) inked a Memorandum of Understanding with the French development Agency (AFD) for a feasibility study to extend social security coverage to agricultural workers in Cambodia, who are among the most ...
Taing Rinith
https://www.khmertimeskh.com/501244569/nssf-to-study-coverage-of-agricultural-workers/
Over 94% of lower secondary students pass diploma exams
The number of students who passed the lower secondary exam this year was 94.78%, said the Ministry of Education, Youth and Sport. ...
Torn Vibol
https://www.khmertimeskh.com/501386402/over-94-of-lower-secondary-students-pass-diploma-exams/
De Castle Royal to be completed by 2014
The De Castle Royal Condominium project, which has been on hold for some time, has announced that it will go back on the market after gaining $28 million in loans from Canadia Bank, which will allow for the completion of the 32-storey-building. The general manager of ...
http://www.phnompenhpost.com/2013020761213/Real-Estate/de-castle-royal-to-be-completed-by-2014.html
Kratie case exposes flaws in land-titling scheme
The latest case of scores of villagers from Kratie province tied up in a land dispute with an agribusiness firm has once again highlighted failures in the 2012 land-titling scheme launched by Prime Minister Hun Sen to settle unresolved land disputes and distribute hundreds of ...
George Wright and Aun Pheap
http://www.cambodiadaily.com/news/kratie-case-exposes-flaws-in-land-titling-scheme-66131/
Cambodia gets $118M in sovereign loans from AFD
Agence Francaise de developpement (AFD) has provided Cambodia with a sovereign loan of 118 million euros ($121 million) for two projects – one to build the Bakheng water treatment plant and another to develop competitive skills. Minister of Economy and Finance Aun Porn Moniroth who ...
Ry Sochan
https://www.phnompenhpost.com/national/cambodia-gets-118m-sovereign-loans-afd
De-dollarisation is ultimate goal of the Royal Government
A question and answer session with Deputy Prime Minister and Minister of Economy and Finance Dr Aun Pornmoniroth in conjunction with the 40th anniversary celebrations of the reintroduction of the riel. ...
De Castle Royal launches leaseback program
In a first for Phnom Penh, South Korean condominium developer Nury D&C has teamed up with SBI Royal Securities to offer condominium buyers a leaseback arrangement on the remaining condo-miniums and condo-minium blocks for sale at de Castle Royal. The 32-storey de Castle Royal has a ...
Post Staff
http://www.phnompenhpost.com/real-estate/de-castle-royal-launches-leaseback-program
Cambodia backs Timor-Leste ASEAN membership
Prime Minister Hun Sen announced that Cambodia supported Timor-Leste’s bid to become the 11th member of Asean. ...
Ven Rathavong
http://www.khmertimeskh.com/news/25747/cambodia-backs-timor-leste-asean-membership/
After days without power, electricity restored to Siem Reap
After a storm damaged utility poles in Siem Reap province last week, leading to nearly four days of power outages, officials said Sunday that electricity had been fully restored to the area. ...
Latest property reports offer evidence of strong growth
In its latest Market View report, CBRE Cambodia Research concludes that Phnom Penh has well and truly put the fallout from the Global Financial Crisis – which saw many condominium developments in the city put on hold or even fail – behind it, and the ...
Post Staff
http://www.phnompenhpost.com/real-estate/latest-property-reports-offer-evidence-strong-growth
Olympic bid ends with Sorn Seavmey loss
Hopes of Cambodia’s first-ever Olympic medal crumbled on Saturday evening as taekwondo star Sorn Seavmey was comfortably beaten by Reshmie Oogink of the Netherlands. ...
Ouch Sony
https://www.cambodiadaily.com/news/olympic-bid-ends-sorn-seavmey-loss-116980/
