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Chinese 'no-strings' loans come at a cost

As government borrowing from China continues to increase, a new study released yesterday showed that Chinese concessional loans carry higher interest than any others. According to the study, released by the NGO Forum on Cambodia at a workshop in Phnom Penh, China’s average interest rate on ...

Land evictions hurt women most, rights group report says

Amnesty International yesterday launched a report on land evictions in Cambodia that details the impact that government-bestowed economic land concessions have had on women, and sets out recommendations for the government in light of those findings. The new report, titled ‘Eviction and Resistance in Cambodia: Five ...

Hun Sen rebukes World Bank

Prime Minister Hun Sen yesterday rebuked the World Bank for revising downward its outlook for gross domestic product growth in the Kingdom, claiming the bank’s projections could cause market panic. The premier also announced a new government projection of 6.4 per cent GDP growth this year, ...

http://www.phnompenhpost.com/index.php/2011112452947/Business/hun-sen-rebukes-world-bank.html

Welfare plan full of goals, short on details

Cash transfers to the poor and public works programs for the unemployed are spelled out in a new five-year plan the government launched yesterday in a bid to expand the country’s threadbare social welfare programs. Though full of ambitious targets and budgets, the ‘National Social Protection ...

No sign World Bank will renew funds

Just over a year since the World Bank froze its funds to the government, the bank yesterday reiterated that a decision on whether or not it would start providing loans again remains nowhere in sight. In August, the World Bank announced that it would not provide ...

Report Says Reforms Were Hard to Drill Home at Petrol Authority

The Cambodian National Petroleum Authority restricted vital information and failed to cooperate with consultants working for the Asian Development Bank who were deployed to the authority between 2007 and 2010 as part of a $1 million project to strengthen governance at the body, a new ...

Mobile market still growing

Cambodian mobile operators added more than 1 million new subscribers between May and July, with Smart Mobile seeing the largest percentage increase for the period, according to Ministry of Posts and Telecommunications figures obtained by the Post. Marc Einstein, a Tokyo-based analyst at research and ...

http://www.phnompenhpost.com/index.php/2011090751483/Business/mobile-market-still-growing.html

Maid recruits routinely deceived, report finds

Job recruitment agencies that send workers overseas often deceive young women through misleading job advertisements by using brokers that have “a position of authority” within the community, according to a new report by the Asia Foundation. According to the report, agencies also inflate migration costs that ...

Budget fears as TB figures fall

Health officials and workers are concerned about budget shortages for the treatment of tuberculosis in the Kingdom as new data reveals that prevalence of the disease has declined 37 percent from 2002, officials said yesterday. Mao Tan Eang, director of the National Centre for Tuberculosis and ...

http://www.phnompenhpost.com/index.php/2012020954402/National-news/budget-fears-as-tb-figures-fall.html

Templeton Cautions Investors Riding Myanmar, Cambodia Growth

Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, Southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water Supply Authority will have its initial public offering this month, making it the first to ...

http://www.businessweek.com/news/2012-03-31/templeton-cautions-investors-riding-myanmar-cambodia-growth

NGOs call for road safety to be included in nat’l examination

wo NGOs focused on Cambodian road safety have sent a letter to Minister of Education Hang Chuon Naron on Wednesday requesting that road safety be included in students’ learning objectives ahead of the beginning of the new school year on Friday. In their letter, the ...

Voun Dara
https://www.phnompenhpost.com/national/ngos-call-road-safety-be-included-natl-examination

NGO wary of promise to cancel hydropower dam project

Conservationists remain wary of the government’s recent pledge to sideline construction of the controversial Chhay Areng hydropower dam after finding the project on the Mines and Energy Ministry’s new to-do list.After a February 17 Council of Ministers meeting, the government announced that plans to build ...

Zsombor Peter
https://www.cambodiadaily.com/news/ngo-wary-of-promise-to-cancel-hydropower-dam-project-126565/

National Payments System to Begin in 2012

The National Bank of Cambodia (NBC) will soon begin a national payment system that will allow the clearance of checks at all banks within a day, as well as facilitate intra-bank electronic payments, Nguon Sokha, director general of the NBC, said yesterday. Through the establishment of the national ...

Gov't Reports $25M From Rents in Six Months

The government earned just over $25 million in rental fees from state land leased to private companies in the first six months of the year, according to new figures from the Ministry of Economy and Finance. While the data shows that earning have risen, critics say ...

Hun Sen Says Shootings, Traffic Accidents Threaten Tourism

Gun violence and fatal traffic accidents are hurting the government’s efforts to boost tourism, Prime Minister Hun Sen said yesterday, urging local authorities to take action-even against the powerful. Mr. Hun Sen also said the government has earmarked sites for two new international airports to cater to ...

Int'l Rights Group Says Abuses 'Systematic' in Cambodia

An international rights group yesterday said the situation of human rights in Cambodia was continuing to worsen and accused the government of being “at war” with its own citizens over access to land. In its briefing paper, the Paris-based International Federation for Human Rights (FIDH) also said that Cambodia was ...

Southeast Asian scientists look to reinvent the flush toilet

Scientists in Bangkok are about to start work on a new flush toilet especially designed for the urban poor in Thailand, Cambodia and Vietnam. Their aim is to create a toilet that will process wastewater in family homes and convert it into gas or electricity, ...

http://www.trust.org/alertnet/news/southeast-asian-scientists-look-to-reinvent-the-flush-toilet

Franchise industry expands

Cambodia’s growing economy and hunger for new brands, particularly among young people, contribute to making Cambodia a profitable market for the franchise business, industry insiders said at the Franchising Forum in Phnom Penh last week. [Rami Sharaf, CEO of RMA Group in Cambodia] said Cambodia is ...

http://www.phnompenhpost.com/index.php/2012101859294/Business/franchise-industry-expands.html

Asian bloggers discuss Internet freedom at Cambodia conference

Bloggers from across Asia came together in the Cambodian city of Siem Reap this weekend to discuss blogging, technology and Internet freedom at 2012’s Blogfest Asia festival, a gathering of over 160 opinionated and distinctly geeky participants. Tops on the agenda? Internet freedom.  The Cambodian contingent ...

http://www.globalpost.com/dispatch/news/regions/asia-pacific/cambodia/121104/asian-bloggers-discuss-internet-freedom-at-cambod

Cambodian Economy Hurt by Land Evictions

Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. ...

http://www.cambodiadaily.com

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