Cambodia eyes AIIB loan
Cambodia will begin applying for a loan from the newly established China-backed Asian Infrastructure Investment Bank (AIIB) from next year in response to the current need for infrastructure development. ...
May Kunmakara
http://www.khmertimeskh.com/news/34470/cambodia-eyes-aiib-loan/
Reporters vow to defy order to cease gathering
Journalists in Ratanakkiri province said Wednesday they would defy a “request” from the provincial government to cease gathering in public places and taking photographs during their reporting. ...
Khuon Narim
https://www.cambodiadaily.com/news/reporters-vow-to-defy-order-to-cease-gathering-84492/
Business Registrations Up 34% This Year
The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...
Repo auction offers quick liquidity fix
The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...
Hor Kimsay
http://www.phnompenhpost.com/business/repo-auction-offers-quick-liquidity-fix
606 New Companies Opened in Cambodia in Q1, Down 33 pct
Cambodia had granted operating licenses to 606 new companies in the first quarter of this year, a 33 percent decrease compared with the 904 firms at the same period last year, the Commerce Ministry’s report showed Tuesday. Yim Rom, an official at the ministry’s statistics ...
TVK director resigns, apparently in response to gov’t criticism
Kem Gunawadh, the long-serving director-general of TVK who helped set up the state broadcaster in 1983, resigned abruptly on Saturday in what his successor said was a reaction to government criticism over his decision not to broadcast live that morning’s annual Royal Plowing Ceremony. The resignation ...
Phann Ana and Simon Henderson
http://www.cambodiadaily.com/news/tvk-director-resigns-apparently-in-response-to-govt-criticism-58980/
Coal outgrows hydropower
As Cambodia’s demand for electricity grows and domestic energy production increases, new data released from the Ministry of Mines and Energy yesterday show that coal-fired energy generation surpassed hydroelectricity for the first time last year. ...
Kali Kotoski
http://www.phnompenhpost.com/business/coal-outgrows-hydropower
Cambodia launches ASEM13 Plenary Study Book
The book entitled the “13th Asia-Europe Summit: Multilateral Cooperation for a Resilient, Sustainable, and Rules-Based Future for ASEM” was launched here this morning under the presidency of Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation and Chairman of the National Committee ...
Khmer Times Staff
https://www.khmertimeskh.com/50969605/cambodia-launches-asem13-plenary-study-book/
Latest malaria drug resistance sparks fears
A new study by the U.S. National Institutes of Health (NIH) has confirmed that resistance is growing to one of the key drugs being used to fight malaria in Cambodia, a situation likely to worsen and which could lead to a growing caseload in the ...
Zsombor Peter
https://www.cambodiadaily.com/news/latest-malaria-drug-resistance-sparks-fears-104930/
Fear hinders independent journalism in Cambodia, survey finds
Fear of government interference, legal repercussions and violence remain impediments to free and independent journalism in Cambodia, according to a survey released on Wednesday in a report by the Cambodian Center for Independent Media (CCIM). ...
Tej Parikh
https://www.cambodiadaily.com/news/fear-hinders-independent-journalism-in-cambodia-survey-finds-109992/
First-ever FDI survey identifies $20B in capital inflow
Foreign direct investment (FDI) to Cambodia over a 20-year period – from 1994 to 2014 – is estimated to have reached $19.2 billion and was heavily weighed by inflows of capital from China, according to the first-ever comprehensive survey on FDI, released yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/first-ever-fdi-survey-identifies-20b-capital-inflow
Minister: Agribusiness ripe with opportunities
Minister of Agriculture, Forestry and Fisheries Dith Tina advised students studying economics at CamEd Institute to keep an open mind about what to study and which expertise to acquire, encouraging them to consider agribusiness. ...
Rann Reuy
https://www.phnompenhpost.com/business/minister-agribusiness-ripe-opportunities
Increase in conservation work planned for Angkorian temple
Banteay Chhmar, the expansive Angkorian temple in Banteay Meanchey province noted for its elaborate bas-reliefs, is set to see a significant increase in conservation work over the next five years following an agreement between the Ministry of Culture and the London-based School of Oriental and ...
Anthony Jensen
https://www.cambodiadaily.com/news/increase-in-conservation-work-planned-for-angkorian-temple-103583/
Banks, MDIs urged to provide loans
The National Bank of Cambodia (NBC) has encouraged banks and money-deposit taking institution (MDIs) to continue disbursing loans and possibly suspend interest for businesses impacted by the Covid-19 outbreak, especially in the tourism industry. ...
May Kunmakara
https://www.phnompenhpost.com/business/banks-mdis-urged-provide-loans
Survey to guide minimum wage talks
The Ministry of Labour has announced plans of a month-long research campaign into the living standards of garment and footwear factory workers prior to setting a minimum wage in 2018. ...
Sen David
http://www.khmertimeskh.com/news/40136/survey-to-guide-minimum-wage-talks/
Inflation Rate at 4.2% to October
Cambodia’s inflation rate increased by 4.2 percent in the 12-month period to October, with food prices accounting for more than half of the rate, according to data released Monday by the National Institute of Statistics. The monthly inflation rate grew from 3.4 percent in August to ...
Hul Reaksmey
http://www.cambodiadaily.com/business/inflation-rate-at-4-2-to-october-48977/
PM outlines plans to increase education to a full day in 50 primary schools
Authorities have revealed plans to increase primary education from half a day to a full day in 50 schools to increase the level of learning, with calls being made for teachers’ pay to be increased in accordance with the additional time spent teaching. ...
Meas Molika
https://kiripost.com/stories/pm-outlines-plans-to-increase-education-to-a-full-day-in-50-primary-schools
First sentence given for facebook comments
The Phnom Penh Municipal Court on Thursday fined a 29-year-old hairstylist and make-up artist 2 million riel, or about $500, and ordered her to pay 5 million riel, or about $1,250, in compensation to a rival beauty parlor owner she defamed on Facebook. The sentence is ...
Eang Mengleng And Denise Hruby
http://www.cambodiadaily.com/news/first-sentence-given-for-facebook-comments-51649/
Sonando Fans to Stage Protest for TV License
Mam Sonando, owner of the popular Beehive Radio station, and his supporters will defy a government ban on public gatherings and start daily protests against the Ministry of Information’s rejection of Mr. Sonando’s request for a relay station and a TV station, Mr. Sonando’s assistant ...
Kuch Naren and Denise Hruby
http://www.cambodiadaily.com/news/sonando-fans-to-stage-protest-for-tv-license-50686/