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Cambodia's elderly receive inadequate support

For 70-year-old Chan Shay, the choice between working through old age and a retirement in poverty is an obvious one. Shay, a cyclo taxi driver in Phnom Penh, said that while he dreams of retiring to his home in Takeo province, in reality he can see ...

Alice Cuddy and Khouth Sophak Chakrya
http://www.ucanews.com/news/cambodias-elderly-receive-inadequate-support/72092

Businesses up, reveals survey

Cambodia increased the number of business enterprises it had to 513,759 companies at the end of March last year, up from the 463,363 enterprises accounted for in 2011, according to the final results of the 2014 Cambodia Inter-Censal Economic Survey. ...

Hor Kimsay
http://www.phnompenhpost.com/businesses-reveals-survey

Commune staff get up to 60 pct pay rise

Cambodia’s local authorities will receive a pay bump of up to 60 per cent starting this month, the government revealed yesterday. A commune chief will now get 400,000 riel (about $100) per month, up from 300,000 riel ($75); first and second deputy commune chiefs will get ...

Chhay Channyda
http://www.phnompenhpost.com/post-weekend/commune-staff-get-60-pct-pay-rise

Gov’t to discuss Bokor mountain management

Two government ministers will meet with a National Assembly commission on Monday to discuss a tourism management plan for Bo­kor Mountain, according to CNRP lawmaker Yem Ponhea­rith, who last month visited the mountain to inspect burial sites popular with Vietnamese tourists. ...

Khuon Narim
https://www.cambodiadaily.com/news/govt-to-discuss-bokor-mountain-management-79257/

Anti-money laundering draft law approved

Cambodia’s draft law of anti-money laundering bill has been approved today at the Council of Ministers meeting chaired by Prime Minister Hun Sen. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50723656/anti-money-laundering-draft-law-approved/

Planning ministry hands out cash to 420,000 poor families in Kingdom

The Ministry of Planning has identified 20,000 more poor families in the country, bringing the total to over 580,000, while over 420,000 of them have received the government’s cash assistance. In the meantime, many social security cards from families not deemed to be poor have ...

Ry Sochan
https://www.phnompenhpost.com/national/planning-ministry-hands-out-cash-420000-poor-families-kingdom

Press release: $100 million climate-resilient road project to improve access to basic services, economic opportunities

On 16 July 2020, the World Bank’s Board of Executive Directors today approved a $100 million credit from the International Development Association (IDA) for the Cambodia Road Connectivity Improvement Project. The project will enhance rural communities’ access to critical services, such as health centers, referral ...

World Bank

Download: pdf

Draft digital policy speeding up

The government is speeding up its draft digital policy to adapt the economy to e-government. Minister of Post and Telecommunications Chea Vandeth was joined by the Ministry of Economy and Finance (MEF) Secretary of State Vongsey Vissoth to discuss the government’s digital policy concept note. ...

Sorn Sarath
https://www.khmertimeskh.com/50749967/draft-digital-policy-speeding-up/

CamDX to add three more ministries to its network

The Industry Science Technology and Innovation, Tourism and the Post and Telecommunications ministries will join the newly launched Cambodia Data Exchange (CamDX) platform to exchange data with other ministries as well as with the private sector. ...

Tin Sokhavuth
https://www.khmertimeskh.com/50926187/camdx-to-add-three-more-ministries-to-its-network/

Cambodia planning $100M in bond issue

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-planning-100m-in-bond-issue

Vietnam, Cambodia promote cooperation in industry and trade

Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...

Khmer Times Staff
https://www.khmertimeskh.com/501406114/vietnam-cambodia-promote-cooperation-in-industry-and-trade/

Sub-Decree Regulating Public Service Is Passed

The Council of Ministers on Friday approved a sub-decree designed to regulate the performance of the government’s administration by chastising institutions that fail to properly carry out their work in delivering public services. Though the legislation does not carry any punishment for officials that fail in ...

http://www.cambodiadaily.com

Hun Sen Says More Die on Roads Than in War

Road traffic accidents are killing more Cambodians per year than those who died annually as a result of war during their country’s more than two decades of armed conflict, Prime Minister Hun Sen said Monday. Speaking in Battambang province’s Bavel district at the inauguration of the ...

Khy Sovuthy and Simon Henderson
http://www.cambodiadaily.com/news/hun-sen-says-more-die-on-roads-than-in-war-53853/

Rice alliance formed

A new partnership looking to export Cambodian rice to world markets formed yesterday afternoon at Sunway Hotel The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) elected their first executive committee, which includes office holders Phou Puy, Hann Khieng, Oknha Kong Sang, Sok Cheng, Seng ...

http://www.phnompenhpost.com/index.php/2012052856413/Business/rice-alliance-formed.html

Sunny future predicted for photovoltaics

The United Nations Development Programme (UNDP) Cambodia’s resident representative, Nick Beresford, said yesterday solar technology is moving fast, is far cheaper than carbon-based energy and provides clean electricity. He said the UNDP is working with the Ministry of Mines and Energy on projects to ensure ...

Sok Chan
https://www.khmertimeskh.com/50801824/sunny-future-predicted-for-photovoltaics/

MoU Signing ceremony on technical assistance for promoting the development of the securities sector in Cambodia

On 18 August 2022, the Cambodia Securities Exchange (CSX) announced a press released on the Memorandum of Understanding (MoU) signing ceremony between United Nations Capital Development Fund (UNCDF) and Securities Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX).The MoU on “Technical Assistance for ...

Cambodia Securities Exchange

Download: pdf

Imports from Thailand show decline

The Thai embassy has released figures that show that exports to Cambodia have decreased slightly from $1.095 billion to $1.091 billion. Total trade between the nations has increased by 3.5 percent for during the first of the year when compared to last year. Cambodia has ...

http://www.phnompenhpost.com/index.php/2011071950473/Business/bilateral-trade-imports-from-thailand-show-decline.html

Cambodia looks to banking and agriculture to spur growth

Garment-making has been a mainstay of Cambodia’s fledgling economy, chalking up between 6 and 7 percent annually for the past four years. But, the country is turning its focus back to the land in the hope that rice growing and other farming produce, will lift growth ...

http://www.channelnewsasia.com/stories/economicnews/view/1184944/1/.html

Ministry matters: Pawnshops must apply for license

The Ministry of Economy and Finance has called on all unregistered pawnshops to apply for an operating license by March 31 or face legal action, according to a government announcement on Friday. The move follows the 2010 law that first legalised pawnshops in the Kingdom, an ...

http://www.phnompenhpost.com/index.php/2012031254975/Business/ministry-matters-pawnshops-must-apply-for-license.html

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