UN report highlights escalation of tensions in Cambodia
Shrinking political and civic space in the Kingdom is highlighted in a new report from the United Nations’ human rights commissioner and secretary-general ahead of a UN Human Rights Council discussion this month on Cambodia. ...
Leonie Kijewski
http://www.phnompenhpost.com/national/un-report-highlights-escalation-tensions-cambodia
Tax revenue fills coffers of the state
The government’s tax revenue saw a sharp increase of about 22 percent in the first five months of the year, compared with the same period last year, with some $763 million collected by the General Department of Customs and Excise. ...
Sum Manet
http://www.khmertimeskh.com/news/25916/tax-revenue-fills-coffers-of-the-state/
Study links toilet usage, height
A new study has found that open defecation, which is still commonly practised in Cambodia, has direct links to reduced heights in children, with a decrease in the practice over five years leading to increases in height. ...
Andrew Nachemson
http://www.phnompenhpost.com/national/study-links-toilet-usage-height
Joint press release German government-funded study confirms grave problems in Cambodia’s microfinance sector
On 14 September 2022, the Cambodia League For the Promotion and Defense of Human Rights (LICADHO) released a joint press on a study commissioned by the Federal Ministry for Economic Cooperation and Development (BMZ) provides further evidence of widespread over-indebtedness in Cambodia, resulting in an ...
Cambodia League For the Promotion and Defense of Human Rights (LICADHO)
Joint statement of Cambodia Microfinance Association and Association of Banks in Cambodia on the German government-funded study
On 16 September 2022, the Association of Banks in Cambodia and Cambodia Microfinance Association issue a joint statement on a study entitled “Micro” Finance in Cambodia: Development, Challenges, and Recommendations commissioned by the Federal Ministry for Economic Cooperation and Development (BMZ). ...
Cambodia Microfinance Association
International trade tops $23 billion in H1
International trade for Cambodia amounted to $23.69 billion in the first six months of this year, a 13% decrease compared to the same period last year, the General Department of Customs and Excise report showed on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501322261/international-trade-tops-23-billion-in-h1/
New initiatives in Cambodia revolutionise payment options for tourists
Cambodia is set to expand its payment options for tourists by implementing blockchain-based central bank digital currency (CBDC) partnerships. This move is part of the country’s strategy to modernize its tourism sector, recognizing the significant role it plays in the Cambodian economy. ...
Khmer Times Staff
https://www.khmertimeskh.com/501405449/new-initiatives-in-cambodia-revolutionise-payment-options-for-tourists/
Press release: Economic and social impact assessment of COVID-19 in Cambodia
On 08 October 2020, the UNDP Cambodia issued a press release of a policy brief that assesses the socioeconomic impacts of COVID-19 in Cambodia. It was launched yesterday by the UN Development Programme (UNDP) through careful consultation with the Ministry of Economy and Finance (MEF) ...
UN Development Programme Cambodia
List of new National Assembly members approved
The National Election Committee (NEC) has approved new candidates to fill National Assembly seats left vacant by the dissolution of the opposition, drastically changing the composition of Cambodia’s parliament and providing a shot in the arm for the ailing royalist Funcinpec party. ...
Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national-politics/list-new-national-assembly-members-approved
Long-awaited RCEP signing ‘bodes well for economic upturn’
The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday. The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...
Sok Chan
https://www.khmertimeskh.com/50783043/long-awaited-rcep-signing-bodes-well-for-economic-upturn/
Cambodia’s economy expected to grow 6.4 pct in 2024
The Cambodian economy is projected to grow by 6.4 percent in 2024, up from 5.5 percent in 2023, mainly driven by tourism and manufacturing sector, National Bank of Cambodia (NBC)’s Governor Chea Serey said on Friday. ...
Xinhua
https://www.khmertimeskh.com/501430154/cambodias-economy-expected-to-grow-6-4-pct-in-2024/
Striking teachers call for principal’s ouster
Teachers at a Takeo province high school who began striking yesterday said they will not return to work until the principal, who allegedly embezzled school budget funds, is removed. Nearly 30 of 50 teachers at Sok An Kdey Tontoem High school in Takeo’s Samrong district walked ...
Chhay Channyda
http://www.phnompenhpost.com/national/striking-teachers-call-principals-ouster
Teachers group urges ministry to open access to exam
Cambodia’s Independent Civil Servants Association (CICA) has written to the minister of education to request teachers and education officials be given equal access to an exam allowing them to move up the ministry’s pay scale. The association claims the ministry has made recent changes to a ...
Chhay Channyda
http://www.phnompenhpost.com/national/teachers-group-urges-ministry-open-access-exam
SMEs seek own SEZ
The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is now pushing for the establishment of a special economic zone (SEZ) for small and medium sized enterprises and is currently discussing such a move with the Ministry of Industry, Mines and Energy, ...
http://www.phnompenhpost.com/index.php/2012071857474/Business/smes-seek-own-sez.html
Maybank to increase branches in Cambodia to 20, from 12
Maybank Bhd is looking to increase its presence in Cambodia, by raising the number of its branches to 20 from 12 currently. Speaking at a public panel dialogue organised by The Wharton School about the economic prospects of the ASEAN region, Maybank’s CEO Datuk Sri Abdul ...
King again in Beijing for contested Party Law’s signing
King Norodom Sihamoni will once again be out of Cambodia on the day that widely condemned new laws are due to be signed into force, prompting some observers to suggest he is abstaining from affixing his signature to politically questionable legislation. ...
Meas Sokchea and Erin Handley
http://www.phnompenhpost.com/national/king-again-beijing-contested-party-laws-signing
Hospital after school
A rowdy 8-year-old boy has accused his teacher of hitting him over the head with a small whiteboard during class on Thursday, leaving him with a bloody head wound. Sok Kim Heng said yesterday that he spat on another student and, in return, his teacher whacked ...
Phak Seangly
http://www.phnompenhpost.com/national/hospital-after-school
IMF lowers growth forecast for Cambodia due to weak external demand
On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/
Teachers who claimed graft told to keep quiet
Teachers in Oddar Meanchey province, who last week accused district education officials of stealing their salaries, were on Monday threatened with expulsion for talking to the media, a teachers union said. The Anlong Veng district education director summoned about 15 teachers and school officials to the ...
Ben Sokhean
http://www.cambodiadaily.com/news/teachers-who-claimed-graft-told-to-keep-quiet-59124/
Press Release on the meeting of Minister Aun Porn Moniroth and Ellen Goldstein
On 18 July 2017, Minister of Economy and Finance, Aun Porn Moniroth, had a meeting with Ellen Goldstein, who has been appointed as Country Director of World Bank for Myanmar, Cambodia and Lao PDR, East Asia and Pacific. The Economy Minister has informed Goldstein of ...
Ministry of Economy and Finance