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Mobile Banking Services On A Rise

F1soft Company, a software service provider that makes banking transactions available via phone, had commenced operations in Cambodia, company officials said yesterday during a workshop. Sean Thorninn, a lecturer in economics at the Limkokwing University and expert in Cambodia’s landscape of microfinance institutions (MFI), told ...

http://www.phnompenhpost.com/2013050765437/Business/mobile-banking-services-on-a-rise.html

Despite conflict, Cambodia’s borders continue to open

The opposition has accused Prime Minister Hun Sen’s government of a litany of sins, including ceding territory and allowing Vietnamese companies to exploit Cambodian resources. ...

James Reddick
http://www.khmertimeskh.com/news/15039/despite-conflict--cambodia---s-borders-continue-to-open/

EDC tells banks to stop outsourcing collections

State-run energy utility Electricité du Cambodge (EdC) has asked banks and microfinance institutions (MFIs) to stop using third-party services to collect payment of customer electricity fees, local media reported yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/edc-tells-banks-stop-outsourcing-collections

Bilateral investment treaties offer investment protection through arbitration

Bilateral Investment Treaties (BITs) are intra-state legal mechanisms which encourage foreign investment. This is particularly so as they provide foreign investors with Investor state Dispute Settlement (ISDS) mechanisms to enforce investment protections through international arbitration against the host state before a neutral tribunal. Cambodia has signed over ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTQ5ZWI5NTZjN2F

PM vows to keep out Islamic State

Prime Minister Hun Sen yesterday cautioned against complacency in the global fight against the so-called Islamic State, pledging that Cambodia would not become a safe country for jihadists plotting to attack countries in the region. ...

Vong Sokheng
http://www.phnompenhpost.com/national/pm-vows-keep-out-islamic-state

US President's letter to Samdech Techo Hun Sen

The people of the United States of America join me in thanking you for your gracious message of congratulation as we commemorate our 238th anniversary of independence. ...

Ministry of Foreign Affairs and International Cooperation

Download: pdf

State markets allowed to fully reopen

All kinds of business in state markets are permitted to resume from the onset of June 15, according to a new decision issued by Phnom Penh municipal governor Khuong Sreng late on June 14. ...

Post Staff
https://www.phnompenhpost.com/national/state-markets-allowed-fully-reopen

Cambodia exports to US rise by over 10 pct

Driven by a slowly recovering American economy, Cambodian exports to the US increased 11 per cent in the first quarter of 2014 compared with the same period last year, according to the latest US government data. Cambodian exports from January to March totalled $771 million, up ...

Eddie Morton
http://www.phnompenhpost.com/business/cambodia-exports-us-rise-over-10-pct

Japan’s top airline to add Phnom Penh route in September

All Nippon Airways (ANA) – Japan’s largest carrier – will begin flying between Tokyo and Phnom Penh on September 1, the spokesman for the Secretariat of State of Civil Aviation told Khmer Times yesterday, adding that the first direct flight from Japan to Cambodia will ...

May Kunmakara
http://www.khmertimeskh.com/news/20134//

Six illegal logging tractors seized

Svay Leu district forestry administration office in Siem Reap province has given a month’s notice to the owners of homemade tractors impounded last week for transporting illegal timber. Authorities warned that if no action was taken the administration would take the case to court. ...

Nov Sivutha
https://www.phnompenhpost.com/national/six-illegal-logging-tractors-seized

Acleda, PPCBank granted listing eligibility

Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility

Land in capital reclassified

The government has reclassified 35 hectares of state land in Phnom Penh as state-private land to be developed by a private company, a sub-decree seen by Khmer Times showed yesterday. In accordance with the sub-decree, signed by Prime Minister Hun Sen in September, the government converted ...

Ven Rathavong
https://www.khmertimeskh.com/50546775/land-in-capital-reclassified/

Polluters hurt Kingdom: study

Cambodia is suffering disproportionately from the impacts of greenhouse gas emissions from more developed nations, according to a new study published in the journal Nature on Friday. ...

Igor Kossov
http://www.phnompenhpost.com/national/polluters-hurt-kingdom-study

State of Emergency draft signed into law

Acting Head of State Say Chhum yesterday signed the draft law on “State of Emergency” into legislation after the Constitutional Council of Cambodia unanimously approved it earlier this week, a decree obtained yesterday evening revealed. ...

Ben Sokhean
https://www.khmertimeskh.com/50718535/state-of-emergency-draft-signed-into-law/

Cambodia seeks partners for planned Mondulkiri airport

Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-seeks-partners-planned-mondulkiri-airport

Japan to fund four new local projects

Japan agreed to provide $384,817 in financial assistance to local organisations for projects in Phnom Penh, Kandal, Kampong Chhnang and Koh Kong. ...

Sum Manet
http://www.khmertimeskh.com/50112050/japan-fund-four-new-local-projects/

Credit Bureau targets students with workshops

Hoping to increase university students’ knowledge of Cambodia’s credit reporting system, the Credit Bureau of Cambodia (CBC) on Tuesday launched a series of workshops in Phnom Penh aimed at boosting financial literacy. ...

Kang Sothear
https://www.cambodiadaily.com/business/credit-bureau-targets-students-with-workshops-95981/

Cambodian investment by fund with $1 billion ambition to increase sustainability-focused banking

Sustainability Finance Real Economies SICAV – SIF (SFRE, pronounced Sapphire) has made an investment totalling USD 4 million in PRASAC (Cambodia) a microfinance institution, in line with its strategy of advancing social, environmental and economic development by providing capital to banks. ...

Luxembourg
http://www.prnewswire.com/news-releases/cambodian-investment-by-fund-with-1-billion-ambition-to-increase-sustainability-focused-banking-574962271.html

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