Business credit guarantee plan remains in place
The finance ministry has authorised the extension of the Credit Guarantee Corporation of Cambodia Plc’s (CGCC) $200 million Business Recovery Guarantee Scheme (BRGS) beyond December 31, 2022, until all funds have been utilised, according to the CGCC. ...
May Kunmakara
https://www.phnompenhpost.com/business/business-credit-guarantee-plan-remains-place
CGCC-guaranteed loans jump 13% year-to-date, top $104M
Credit Guarantee Corporation of Cambodia Plc (CGCC) reportedly issued a total of 1,155 Letters of Guarantee (LG) for loans worth $104.9 million equivalent as of February 28 – up 13 per cent year-to-date – as part of its mission to improve financial inclusion among small- ...
May Kunmakara
https://www.phnompenhpost.com/business/cgcc-guaranteed-loans-jump-13-year-date-top-104m
ស្ថាប័នឯកជន
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Acleda readies to open Myanmar’s first micro-finance firm
Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...
Loans and deposits climb
Loans and deposits at Cambodia’s 32 micro-finance institutions and four NGOs, as well as small loans from Acleda Bank, rose sharply last year compared with a year earlier. Industry players say this is a result of the Kingdom’s rapid economic improvement and political stability. Official data from ...
http://www.phnompenhpost.com/2013020461166/Business/loans-and-deposits-climb.html
Japanese firm plans Cambodian fund for later this year
Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...
Premier predicts high growth
Cambodia’s economic growth could surpass previous estimates and hit 8.7% this year, Prime Minister Hun Sen said in a speech yesterday. Earlier government forecasts estimated growth of 6% for 2011, though increasing garment exports and a strong recovery in the tourism sector have stimulated the economy ...
http://www.phnompenhpost.com/index.php/2011091351608/Business/premier-predicts-high-growth.html
Food, fuel prices jump again
Heightened global food and fuel prices continued to inflate Cambodia’s market in September, and experts said flood damages would elevate costs further toward the end of the year. Year-on-year inflation hit 6.7 per cent in last month, up 1 per cent from August, according to data ...
http://www.phnompenhpost.com/index.php/2011102552319/Business/food-fuel-prices-jump-again.html
Kingdom exports to Japan regain double-digit growth
The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...
Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-exports-japan-regain-double-digit-growth
Dropouts to get online education scheme
The Ministry of Education, Youth and Sport is working in conjunction with Unesco and the Ministry of Labour and Vocational Training (MLVT) to launch an internet-based education programme for Cambodian youths in grades seven to nine who have dropped out of school. ...
Voun Dara
https://www.phnompenhpost.com/national/dropouts-get-online-education-scheme
Experts stress efforts to up food standards
Cambodian experts on Tuesday urged entrepreneurs, traders, producers and suppliers to pay more attention to food safety standards to ensure the welfare of consumers. The appeal was made at the Food Safety Forum held at the Mekong Institute under cooperation with Institute of Standards of ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/experts-stress-efforts-food-standards
Three universities agree to found new research centre
The Royal University of Phnom Penh, the Royal University of Fine Arts, and the National Institute of Education inked a memorandum of understanding (MoU) on Monday, agreeing to establish a joint higher education social sciences and humanities research Institute. ...
Voun Dara
https://www.phnompenhpost.com/national/three-universities-agree-found-new-research-centre
Travel goods exports could soar as US drops tariffs
New trade privileges that allow Cambodian-manufactured travel goods duty-free access to the United States for the first time could see exports of these items increase by over 400 per cent in the coming years, industry experts said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/travel-goods-exports-could-soar-us-drops-tariffs
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
MFIs as one commercial bank
PhillipCapital, a Singapore-based integrated financial services provider and a majority stakeholder in three of Cambodia’s micro-finance institutions (MFIs), plans to consolidate the three into a commercial bank. ...
http://www.phnompenhpost.com/2012122560462/Business/mfis-as-one-commercial-bank.html
Cambodia's micro-lenders record 24 pct lending growth in Q1
Cambodia’s 35 microfinance institutions had lent 1 billion U.S. dollars to customers by the end of March this year, up 24 percent from 808 million U.S. dollars it lent at the end of last year, the data of Cambodia Microfinance Association (CMA) showed Wednesday. On the ...
http://www.asean-china-center.org/english/2013-05/03/c_132357476.htm
Cambodian, Chinese senior military officials pledge to advance ties
Cambodian and Chinese senior military officials on Monday vowed to deepen bilateral ties and cooperation for mutual benefits. The commitment was made during a meeting between Gen. Pol Saroeun, commander-in-chief of the Royal Cambodian Armed Forces ( RCAF), and Sun Jianguo, deputy chief of general staff ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-03/17/c_133192523.htm
TVK director resigns, apparently in response to gov’t criticism
Kem Gunawadh, the long-serving director-general of TVK who helped set up the state broadcaster in 1983, resigned abruptly on Saturday in what his successor said was a reaction to government criticism over his decision not to broadcast live that morning’s annual Royal Plowing Ceremony. The resignation ...
Phann Ana and Simon Henderson
http://www.cambodiadaily.com/news/tvk-director-resigns-apparently-in-response-to-govt-criticism-58980/
Security sector working group to make policy recommendations
Members of the government, military and civil society met on Monday to form a working group to undertake security reform and reporting. The working group will have 26 members from a wide spectrum of government and nongovernment agencies to produce policy recommendations to Cambodia’s leaders. The formation ...
Khoun Theara
http://www.voacambodia.com/content/security-sector-working-group-to-make-policy-recommendations/1872979.html
US group urges political reform
The International Republican Institute is urging the ruling party and opposition work toward political reform. Jessica Keegan, the group’s Cambodia country director, told VOA Khmer in an interview in Washington that the ruling Cambodian People’s Party and the Cambodia National Rescue Party should seek common ground ...
Sok Khemara
http://www.voacambodia.com/content/us-group-urges-political-reform/2533663.html