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SME Bank to allocate $50 million in funds for Siem Reap tourism boost

The allocation of funds through the Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) is expected to be a vital and timely force in supporting and reviving businesses in Siem Reap province. The move comes in response to the continued arrival of foreign ...

May Kunmakara
https://www.phnompenhpost.com/national/sme-bank-to-allocate-50-million-in-funds-for-siem-reap-tourism-boost

Banks need robust cybersecurity for data privacy

In the age of digitalisation, banks play a crucial role in safeguarding the money and information of both people and businesses. However, as Cambodia embraces this digital revolution, the Kingdom also makes itself vulnerable to the constant danger of cyberattacks and breaches, putting financial data ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501444679/banks-need-robust-cybersecurity-for-data-privacy/

Gravel and limestone

Raw gravel, photo by touch and see, taken on March 26, 2014. Licensed under: CC BY-SA 2.0Since 2010, Cambodia has seen increasing production of cement, crushed stone, sand and gravel in response to the country’s booming construction sector. Approved investment in the construction industry in ...

Off-shore oil and gas exploration and extraction

For the purposes of oil and gas exploration, six Offshore Blocks (A–F) have been set out. Significant finds of oil have been made in Block A, but no oil has yet been extracted. ...

Herbalife Promises Cambodians Health, Wealth

The offices of Herbalife, a so-called multilevel marketing company that has moved into the protein powder market in Cambodia, stand like a beacon of promise in Phnom Penh’s Prampi Makara district: Six stories of glass and white paneling, crisp lime-green signage and a four-story-high banner ...

Matt Blomberg
http://www.cambodiadaily.com/news/herbalife-promises-cambodians-health-wealth-48828/

Government services

List of public services provided by One Window Service Office at Rotanak Mondol district hall in Battambang province. Photo by ODC team, taken on 28 February 2020. Licensed under CC BY-SA 4.0.Government services might be perceived as tools in pursuing the country’s development, and assuring ...

MAI to fly to Phnom Penh from October

National carrier Myanmar Airways International plans to launch flights to the Cambodian capital Phnom Penh by October, an airline spokesperson said. Flights will operate on Wednesdays and Saturdays, via Siem Reap, using a new Airbus A-321 that can accommodate 220 passengers. “We will add one Airbus A-321 ...

http://www.mmtimes.com/2011/news/592/news59212.html

Cambodia hosts 3rd World Eco-Tourism Forum

Cambodia hosted the 3rd World Ecotourism Conference on October 3rd at the famous costal province—Preah Sihanouk—in an aim at developing the Asia Pacific region as a leading ecotourism destination. To celebrate the acceptance of the Cambodia costal zone (Preah Sihanouk Ville, Koh Kong, Kep and Kampot) ...

http://thesoutheastasiaweekly.com/

Credit Bureau Begins Operations in Cambodia

The long-awaited Cambodian Credit Bureau (CBC) launched yesterday, a move that is expected to increase the amount of information banks retain on the history of borrowers in the banking system. Despite loan disbursals in the banking sector growing by 25 percent last year, banks have so ...

Korea assists Cambodia on occupational safety

Cambodia and Korea have joined hands to study the legislation of occupational health and safety regulations for employees at factories and business enterprises. The project was initiated on Thursday at the Ministry of Labour and Vocational Training when Minister Ith Sam Heng met with Choi Heaeun, ...

Long Kimmarita
https://www.phnompenhpost.com/national/korea-assists-cambodia-occupational-safety

Energy mix

At the turnoff of Sihanoukville outside Phnom Penhmetal shop owner Kuch Sareun watches the sparks fly as his emplyees join pieces of steel. This year, he installed a diesel-run generator at his business since the frequent electricity outages were hurting his bottom line. Electricity is ...

Index Shows Little Progress in Gender Equity

Cambodia has made almost no progress over the past six years when it comes to gender equality, and is still the lowest-ranked country in the region, according to the World Economic Forum’s 2012 Gender Gap Index. Ranked 103 out of 135 countries surveyed, Cambodia placed last ...

http://www.cambodiadaily.com/news/index-shows-little-progress-in-gender-equality-4777/

Cambodia lacks skilled workforce

Against the backdrop of the slight recovery by world economies, especially the US and Europe, two traditional markets for Cambodia, Asian Development Bank (ADB) deputy country director Peter Brimble sat down with the Post’s group business editor, May Kunmakara, to talk about Cambodia’s economic performance, ...

http://www.phnompenhpost.com/2013011160733/CEO-Talk/cambodia-lacks-skilled-workforce.html

In Phnom Penh, the Vespa Comes Back 'Officially'

“Vespa was in Cambodia before the war [and] Piaggio wanted to come back to the market in Cambodia, because the market is growing,” explained Frederic Bachelet, head of business development at Narita Vespa Co. Ltd. The company plans to break ground next week on ...

Bo Xilai accomplice's location uncertain

Patrick Devillers, the French national and associate of disgraced Chinese politician Bo Xilai, seemed to be putting down roots in Cambodia. The architect – whose shadowy presence has been on the fringes of one of modern China’s largest political scandals – owned land and a restaurant ...

Water Supply Begins to Return to Sihanoukville

Anco Water Supply, a private company that is supplying Sihanoukville with access to fresh water has alleviated a water shortage that began when a state-owned reservoir dried up more than a week ago. Preah Sihanouk provincial governor Sbuon Sarath said that running water had been restored ...

http://www.cambodiadaily.com

Critics Say Hun Sen’s Land Title Program Is Biased

A controversial land titling program set up by Prime Minister Hun Sen has been suspended ahead of the July 28 elections, but critics say the program should not be restarted. The titling program itself began in December 2012 and is expected to end after elections scheduled ...

http://www.voacambodia.com/content/article/1696081.html

Scooter connects to phone

Japan-base Terra Motors said it plans to sell its smartphone-compatible electric scooter in Cambodia by the end of this year. The lithium-battery-powered A4000i, introduced last week in Tokyo, can be connected to an iPhone, delivering live data while driving. “We will start to sell this scooter ...

http://www.phnompenhpost.com/business/scooter-connects-phone

Logistics and insurance firms driving office market

Increases in Cambodia’s GDP and foreign direct investment (FDI) are helping to drive the supply and demand in the Kingdom’s office sector, according to a new report from global property agents CBRE. Increasingly, international businesses are favouring Cambodia, in particular Phnom Penh, mainly due to ...

http://www.phnompenhpost.com/2013040464872/Real-Estate/logistics-and-insurance-firms-driving-office-market.html

H&M Says Garments Made in Cambodian Factory Without Approval

Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, said some H&M garments were produced without its knowledge or approval at a factory in Cambodia where workers were injured in a partial building collapse this week. A supplier of the Stockholm-based company placed two minor orders with ...

http://www.bloomberg.com/news/2013-05-22/h-m-says-garments-made-in-cambodian-factory-without-approval.html

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