Collective Investment Scheme: How it works
The Collective Investment Scheme or CIS – an important source of financing for large development projects – is relatively new in Cambodia ...
Post Staff
https://www.phnompenhpost.com/financial/collective-investment-scheme-how-it-works
Vietnam President’s Cambodia visit to boost bilateral ties
President Nguyen Xuan Phuc’s visit to Cambodia from today and Wednesday affords both sides a chance to discuss major orientations and measures to further boost bilateral ties in the new period. ...
Khmer Times Staff
https://www.khmertimeskh.com/50992305/vietnam-presidents-cambodia-visit-to-boost-bilateral-ties/
Three more investment projects worth over $16 million approved
The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $16.2 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/501258971/three-more-investment-projects-worth-over-16-million-approved/
Approved Invvestments in May Reach $110 Million
15 new projects worth a total of $110 million have been approved by Cambodia’s investment board in May. The Council for Development of Cambodia has approved two rubber plantations worth $60 million. Cin Qian Investment Co, a Chinese firm, has been approved for developing a ...
Cambodia’s inflation up over 5% in February
Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ...
Concerns over construction safety
The government earlier this week announced the creation of a national committee tasked with improving safety standards on construction sites and ensuring the welfare of labourers. In an attempt to curb construction site accidents, the Labour Ministry on Monday said that the new national committee ...
Sen David
https://www.khmertimeskh.com/50512989/concerns-over-construction-safety/
Cambodia to be vice-president of UNGA
Cambodia has been elected as one of the vice-presidents of the 73rd session of the United Nations General Assembly in New York. The Foreign Affairs Ministry said yesterday that the UN has elected Cambodia and 15 other countries to serve as vice-presidents of the UNGA. ...
Ven Rathavong
https://www.khmertimeskh.com/50498656/cambodia-to-be-vice-president-of-unga/
Angkor finds gold-in-soil anomaly
Angkor Gold Corp reported the discovery of a new gold-in-soil anomaly at Angkor’s Koan Nheak license in Cambodia, according to the company’s statement released last week. The anomaly extends over 700 metres from north to south, and up to 300 metres east to west. ...
Sum Manet
https://www.khmertimeskh.com/50521746/angkor-finds-gold-in-soil-anomaly/
Minister pushes the implementation of agriculture policy
The Agriculture Minister, Veng Sakhon, last week urged officials to work harder in the implementation of the country’s new agriculture development policy. During a meeting last week, Mr Sakhon told officials the goal of the agricultural development policy is to bolster the development of the ...
Sok Chan
https://www.khmertimeskh.com/50534165/minister-pushes-the-implementation-of-agriculture-policy/
Sonando sets sights on Kampuchea Krom
Popular radio station owner Mam Sonando on Wednesday hosted the first congress of his new Beehive Social Democratic Party, during which he was elected president and made promises including meal discounts for soldiers and the return of southern Vietnam to Cambodia should his party win ...
Khuon Narim
https://www.cambodiadaily.com/news/sonando-sets-sights-on-kampuchea-krom-93792/
Shinhan Bank opens 5th branch in Cambodia
Shinhan Bank announced on Dec. 23 that it has opened a new branch in Steng Min Chey, an emerging developing area in Phnom Penh, in order for Shinhan Khmer Bank, a subsidiary of Shinhan Bank in Cambodia, to accelerate its business in the country. ...
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/
In Phnom Penh, a looming sewage crisis
Renderings of Casa Meridian, a new condominium complex, suggest that its wealthy buyers are investing in a glistening 414-unit skyscraper overlooking a placid, ocean-blue body of water surrounding Koh Pich island, which is sprouting a number of luxury towers developed by the Overseas Cambodian Investment ...
Ben Paviour
https://www.cambodiadaily.com/news/111364-111364/
National bank to receive support from IFC
The International Finance Corporation (IFC) signed a Memorandum of Understanding with the National Bank of Cambodia (NBC) yesterday in a move that officials are predicting will usher in a new era of responsible corporate governing practices, transparency, financial risk management and public confidence in the ...
May Kunmakara
http://www.khmertimeskh.com/news/24858/national-bank-to-receive-support-from-ifc/
Government not ready for World Bank loans: US
The U.S. accused the Cambodian government of scaling back the space for free speech and the World Bank of failing to learn from its mistakes in justifying its decision to abstain from a recent Bank vote that approved a sheaf of new loans to Cambodia. ...
Zsombor Peter
https://www.cambodiadaily.com/news/govt-not-ready-for-world-bank-loans%E2%80%88us-113178/
Credit growth starts to cool off
New data released by Cambodia’s independent credit reporting agency indicate a significant slowdown in the rate of lending during the second quarter of the year, a sign that banking industry experts claim is due to a tightening of lending criteria and less demand from the ...
Kali Kotoski
http://www.phnompenhpost.com/business/credit-growth-starts-cool
Kem Sokha says there’s no racism in Cambodia
Two days after Prime Minister Hun Sen told the U.N.’s new special rapporteur on human rights in Cambodia to focus her efforts on tackling racial discrimination, deputy opposition leader Kem Sokha on Thursday used a Cham Muslim religious ceremony to argue that there is no ...
Alex Willemyns and Kuch Naren
https://www.cambodiadaily.com/news/kem-sokha-says-theres-no-racism-in-cambodia-95426/
Prime Minister Hun Sen told the world to promote women in political affairs
Prime Minister Hun Sen at the “Global Leader’ Meeting on Gender Equality and Women’s Empowerment held at New York, said that Cambodia has actively joined UN member states to implement policies, strategies and action plans aimed to promote gender equality and women’s empowerment. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/prime-minister-hun-sen-told-the-world-to-promote-women-in-political-affairs-8993
Cambodia revenue drives profit surge at casino supplier
Entertainment Gaming Asia, a Nasdaq-listed company that supplies electronic gaming machines, posted a an 88 percent year-on-year rise in its third-quarter profit, citing higher sales in Cambodia as a major driver of its growth, according its filing to the Nasdaq on Monday in New York. ...
May Kunmakara
http://www.khmertimeskh.com/news/17676/cambodia-revenue-drives-profit-surge-at-casino-supplier/
ID cards coming unglued
Expired glue used in the production of Cambodia’s new generation of national identification cards is causing the top layer of some to peel off, though it’s unclear exactly how many of the 6.4 million issued since 2012 are affected, according to a Ministry of Interior ...
Shaun Turton and Taing Vida
http://www.phnompenhpost.com/national/id-cards-coming-unglued