Cambodia’s largest MFI boosts green farming loans
Cambodian microfinance institution PRASAC says it is bolstering its green credentials by increasing loans for eco-friendly farming methods in the kingdom. President and CEO of PRASAC, said the institution is “committed to providing and developing more green financing to the rural people for their livelihood ...
Remittance Contributes Social And Economic Development
Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population ...
Empowering Cambodia through Artificial Intelligence (AI) and Data: insights from the human-centered AI adoption conference at ASEAN COSTI-85
On Monday, June 3, 2024, ODC attended an afternoon conference titled “Enabling Environment for a Human-Centered Adoption of AI in ASEAN” at the Sofitel Angkor Phokeethra Resort in Siem Reap, Cambodia. The conference was a side event of the larger 85th meeting of the ASEAN ...
Deadly rabies virus gets overdue attention
It kills more Cambodians every year than malaria. More than dengue fever. It’s 100 percent preventable, but very little has been done to eradicate it. This year, Cambodia is finally taking on rabies—a killer virus most often transmitted to people through the saliva of biting dogs. A ...
Chhorn Phearun and Michael Dickison
https://www.cambodiadaily.com/news/deadly-rabies-virus-gets-overdue-attention-119414/
Casino expansion next to Buddhist Institute irks some
Phnom Penh recently saw the destruction of a portion of the Buddhist Institute to make way for the expansion of a casino. Political analyst Lao Mong Hay told “Hello VOA” last week that this kind of development demonstrates an “imbalance” between public and private institutions. The ...
Sophat Soeung
http://www.voacambodia.com/content/cambodia-casino-expansion-next-to-buddhist-institute-irks-some/1933071.html
NBC: E-wallet accounts in Cambodia hit 17.9M in 2022
The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-e-wallet-accounts-cambodia-hit-179m-2022
Cambodia, Laos, VN officials meet
The technical commissions of the National Assemblies of Cambodia, Vietnam and Laos met on Tuesday in Phnom Penh to discuss strengthening the development of information exchange and finding solutions to cross-border crime and security issues. ...
Mech Dara
https://www.phnompenhpost.com/national/cambodia-laos-vn-officials-meet
Notification to all local microfinance institutions
On 24 July 2017, the Cambodia Microfinance Association (CMA) issued an announcement to inform all microfinance institutions and the public that:Cambodian Microfinance Association promotes the implementation of their Code of Conduct.All MFIs cannot accept identification cards, family books or residential books as collateral for loans.All ...
Cambodian Microfinance Association
Angkor Wat bags $44 mil
Cambodia’s famed UNESCO-listed Angkor Archaeological Park made a revenue of $44 million during the first nine months of the year from ticket sales to Angkor Wat. This represents a 2.5 per cent increase compared to the same period last year, according to an official report ...
Chea Vannak
http://www.khmertimeskh.com/news/30293/angkor-wat-bags--44-mil/
ODC’s Focus Group Discussion on Khmer Site
ODC Executive Director was discussing ODC Khmer site with 12 participants.On May 30, 2014, ODC conducted a focus group discussion on ODC Khmer site. The objectives were to (1) present ODC Khmer site by exploring ODC’s data organization and website structure including illustration on how ...
Interior Ministry Tightens Security After Telecom Crimes
The Ministry of Interior, jointly with the Ministry of Telecommunications has issued an inter-ministerial directive that requires telecom service providers to strictly check the identity information of their subscribers and users to take part in eliminating telecommunication crimes after the criminals used this high technology to kidnap and committed the serious crimes and difficulties of seeking ...
Disease-carrying bats to be tracked
Scientists are attaching tracking devices to a colony of flying foxes near Phnom Penh in a bid to prevent a possible outbreak of a deadly virus. ...
Brent Crane
http://www.phnompenhpost.com/national/disease-carrying-bats-be-tracked
Vietnam, Laos, Cambodia look to enhance audit cooperation
The 10th Tripartite Meeting between the Supreme Audit Institutions of Cambodia, Laos and Vietnam with the theme of “Follow up on audit recommendations” was held in central city of Da Nang on August 29. ...
Khmer Times Staff
https://www.khmertimeskh.com/501351613/vietnam-laos-cambodia-look-to-enhance-audit-cooperation/
Prasac gets $65M to expand lending
Four foreign banks, under the umbrella of the International Finance Cooperation, a member of World Bank Group, provided $65 million in syndicated loans to Cambodian microfinance institution Prasac to expand its lending portfolio. ...
May Kunmakara
http://www.phnompenhpost.com/business/prasac-gets-65m-expand-lending
Ensuring sustainability in climate change adaptation projects
Sustainability of a project means ensuring that the project’s goals, activities and benefits continue even after the official completion of the project. Sustainability is central for all development projects, but it is particularly important for climate change adaptation projects. The reason is twofold. ...
Heng Pheakdey
ttp://www.khmertimeskh.com/news/14513/ensuring-sustainability-in-climate-change-adaptation-projects/
Ministry mulls museum to celebrate rubber legacy
The Ministry of Agriculture, Forestry and Fisheries plans to establish a museum in Tbong Khmum province to promote the history of rubber cultivation and the industry in Cambodia. ...
Khouth Sophak Chakrya and Yuth Vireak
https://www.phnompenhpost.com/national/ministry-mulls-museum-celebrate-rubber-legacy
Leaked report decries reservoir
The final report assessing the impact of a future dam in Kratie has claimed that the dam project could result in “killing the life” of the Mekong River. This final report said the project’s location is the worst possible for a dam and would have ...
Mech Dara
https://www.phnompenhpost.com/national/leaked-report-decries-reservoir
MFIs watch rice loans
The country’s financial institutions are closely monitoring loans that have been made to rice farmers, who say that this year’s fall in rice prices will affect their ability to make repayments, industry officials said yesterday. Last year, farmers were paid around 840 riel ($0.21) per kilogram ...
May Kunmakara
http://www.khmertimeskh.com/news/30035/mfis-watch-rice-loans/
Kingdom set for IT growth over next decade
Cambodia’s information technology sector is looking to leapfrog its current capacities in the next decade as the Kingdom chases other countries in the region, industry experts say. As much as 40 per cent of the country could be online within 10 years, Dell general manager of ...
ClickNet looks to have signed off
A closed sign hung on the door of ClickNet’s Phnom Penh office during business hours yesterday, and the internet service provider’s Siem Reap office had also reportedly closed. ClickNet’s internet service has been down in Siem Reap since Monday, Thaddée Bechtold, CEO at internet technologies firm ...
http://www.phnompenhpost.com/index.php/2011120253097/Business/clicknet-looks-to-have-signed-off.html