Amid credit expansion, Riel loans minimal
Cambodia’s credit sector is expanding rapidly with the central bank saying now is the time to start infusing the market with riel and begin a process of de-dollarization in the country’s economy. But as the growth of dollarized loans outstrips those in riel, disbursing credit ss='cambodia-color'>...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/amid-credit-expansion-riel-loans-minimal-66610/
US, Australia Continue Call For Credible Election Inquiry
In the wake of an announcement by the National Election Committee (NEC) that it has completed its investigation into election irregularities, the U.s. and Australian embassies in Phnom Penh on Monday continued to call for an independent and transparent inquiry into the results of the ss='cambodia-color'>...
Colin Meyn
http://www.cambodiadaily.com/elections/us-australia-continue-call-for-credible-election-inquiry-40185/
Banking on human resources
Acleda Bank, Cambodia’s largest bank, is morphing its existing training centre into a full-fledged educational institution, after obtaining a licence last month. The new institute will look to provide bachelor’s and master’s degrees in business administration, with majors in finance and banking. The Post’s sorn ss='cambodia-color'>...
Sorn Sarath
http://www.phnompenhpost.com/business/banking-human-resources
Cambodia-Vietnam trade, investment see marked rises in 2012
Bilateral trade volume between Cambodia and Vietnam jumped to 3.3 billion U.S. dollarS in 2012, a 18 percent riSe from 2.8 billion U.S. dollarS in 2011, according to a report provided by the ASSociation of Vietnam InveStment in Cambodia on Saturday. The report alSo Said SS='cambodia-color'>...
http://news.xinhuanet.com/english/world/2012-12/29/c_132070890.htm
Cambodia's trade with Thailand hits 4.5 bln USD last year: minister
Trade between Cambodia and neighboring Thailand reached 4.5 billion U.S. dollarS in 2013, up 12 percent from 4 billion U.S. dollarS a year earlier, Cambodian MiniSter of Commerce Sun Chanthol Said ThurSday. Of the amount, Cambodia&rSquo;S export to Thailand waS equivalent to 351 million U.S. dollarS, SS='cambodia-color'>...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/06/c_133095545.htm
Cambodia opposition party plans fresh protest
Cambodia’s main opposition party plans to resume mass demonstrations against Prime Minister Hun sen’s government by holding a “people’s congress” in Phnom Penh’s Freedom Park on sunday to gauge public feedback on stalled election reform negotiations. Cambodia National Rescue Party (CNRP) President sam Rainsy said his ss='cambodia-color'>...
Rachel Vandenbrink
http://www.rfa.org/english/news/cambodia/cnrp-03262014161005.html
Cintri drivers strike for second time this year
Phnom Penh’s trash collectors have again gone on strike over salaries and conditions in a move that could see them stop clearing the city’s streets of garbage for an extended period for the second time this year. About 100 employees of the waste disposal firm Cintri ss='cambodia-color'>...
Ben Sokhean and Holly Robertson
http://www.cambodiadaily.com/news/cintri-drivers-strike-for-second-time-this-year-63462/
Oil refinery project on hold again
Construction of Cambodia’s first oil refinery oil plant has once again been put on hold, this time because of finance issues. The project, which sits on a site spanning the borders of Kampot and Preah sihanouk province, is a joint venture between local investment firm, ss='cambodia-color'>...
Jason Boken
https://www.khmertimeskh.com/50791450/oil-refinery-project-on-hold-again/
Hun Sen tells CNRP to be more civil
Angry at a new Facebook post by an opposition party spokesman and another CNRP lawmaker’s mention of the 1980s government’s deadly “K5 Plan,” Prime Minister Hun sen on Tuesday used the floor of the National Assembly to warn opposition lawmakers to be more civil. ss='cambodia-color'>...
Kang Sothear
https://www.cambodiadaily.com/news/in-assembly-hun-sen-tells-cnrp-to-be-more-civil-97722/
Commuter rail link from city to airport considered
Royal Railways, the company that holds a 30-year concession to operate the Kingdom’s railway network, is conducting a feasibility study on establishing a commuter rail service to run between the capital’s airport and its central district, the company’s chief executive said yesterday. ss='cambodia-color'>...
Kali Kotoski
http://www.phnompenhpost.com/business/commuter-rail-link-city-airport-considered
Slowing China to impact Cambodia, region: WB
Cambodia’s economy is expected to grow at 6.9 percent this year, the same rate it expanded last year, due to slowing growth in leading economies in region, especially China, Asia’s largest and the world’s second-largest economy, according to the World Bank. ss='cambodia-color'>...
May Kunmakara
http://www.khmertimeskh.com/news/19591/slowing-china-to-impact-cambodia--region--wb/
Wing plans for more growth
Wing SpecialiSed Bank iS trying to Stay ahead of the game in the money tranSfer and mobile payment Sector by forging new partnerShipS. The PoSt&rSquo;S Ayanna Runcie Sat down with Wing&rSquo;S recently appointed CEO Jojo MaloloS to diScuSS hiS plan for the company&rSquo;S future. SS='cambodia-color'>...
Ayanna Runcie
http://www.phnompenhpost.com/business/wing-plans-more-growth
Lawmaker requests funds to help pay HIV villagers’ debt
The head of the National Assembly’s commission on public health submitted a letter to the Assembly’s president on Thursday requesting that the government find funds to help HIV-positive villagers in Battambang province’s Roka commune pay back the debts they have incurred due to the virus. ss='cambodia-color'>...
Mech Dara
https://www.cambodiadaily.com/news/lawmaker-requests-funds-to-help-pay-hiv-villagers-debt-79828/
Cambodia hedges its bets as sea tensions rise
As Ashton Carter toured Asia this week amid rising tensions over the south China sea, Cambodia once again backed China’s position in the dispute, warning that recent remarks by the U.s. defense secretary were “provocative” and threatened the very peace the U.s. claims to be ss='cambodia-color'>...
Simon Henderson
https://www.cambodiadaily.com/news/cambodia-hedges-its-bets-as-sea-tensions-rise-84954/
Cambodian government minister cautions opposition not to exploit map issue
Cambodia’s foreign affairs minister on Wednesday warned the country’s opposition party not to exploit an issue surrounding the accuracy of official maps for political gain, following the government’s verification of its charts against ones provided by the United Nations. ss='cambodia-color'>...
Current accounts in control
Cambodia’s current accounts deficit has increased in recent years, but is not yet a cause for concern, according to experts. The Asian Development Bank’s July update showed Cambodia’s current accounts deficit stood at 11 percent of GDP in 2010, and statistics show the trade gap ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2011080450869/Business/current-accounts-in-control.html
Nike Representatives Visit Factory, Talk Faintings
Representatives from Us sports brand Nike yesterday visited the company’s supplier factory in Kompong speu province to investigate the cause of last week’s mass faintings, officials from the Ministry of Labor said. Pok Vanthath, deputy director of vocational safety for the Labor Ministry’s health department, said ss='cambodia-color'>...
Indian mining firm prepares to dig deep in Ratanakiri
The Ministry of Mines and Energy is set to issue the country’s first commercial underground mining license to Indian company Mesco Gold in two weeks, despite opposition by residents of two villages concerned about compensation and environmental damage. The company plans to break ground on its ss='cambodia-color'>...
Aisha Down and Kang Sothear
https://www.cambodiadaily.com/news/indian-mining-firm-prepares-dig-deep-ratanakkiri-117474/
As surrogacy trade grows, government charts course
The government will meet this month to begin addressing concerns that the lack of regulation for the surrogacy trade could lead to a proliferation of brokers working in Cambodia and foreign couples traveling to the country to take advantage of their services. The Ministry of ss='cambodia-color'>...
Sonia Kohlbacher
https://www.cambodiadaily.com/news/surrogacy-trade-grows-government-charts-course-117169/
Sokha still in crosshairs
The National Assembly is preparing to discuss the “people’s proposal” to oust Cambodia National Rescue Party deputy leader Kem sokha from his position as the assembly’s vice president, a ruling party lawmaker said yesterday.Cambodian People’s Party lawmaker and parliamentary spokesman Chheang Vun said that Monday’s ss='cambodia-color'>...
Meas Sokchea
http://www.phnompenhpost.com/national/sokha-still-crosshairs