Cambodia launches code of banking practices
The National Bank of Cambodia ( NBC), which is the regulator of the banking and finance industry, promulgated the Code of Banking Practices on Monday with an aim of further building confidence of the public in the industry, officials said. The sector had received a ...
Shanghai Daily News Staff
http://shanghaidaily.com/article/article_xinhua.aspx?id=268881
Ministry urged to allow CSOs to work without restriction
Some 500 representatives from civil society organisations (CSO) on Thursday urged the Ministry of Interior to uphold the principle of democracy and allow them to carry out activities without any restrictions from local authorities. ...
Long Kimmarita
https://www.phnompenhpost.com/national/ministry-urged-allow-csos-work-without-restriction
Gov’t, World Bank preparing sustainable ecotourism plan
The Ministry of Environment is working with the World Bank to prepare a Sustainable Landscape and Eco-tourism project to improve the effectiveness of natural resources management, eco-tourism and the value chains of non-timber forest products in targeted provinces. ...
Voun Dara
https://www.phnompenhpost.com/national/govt-world-bank-preparing-sustainable-ecotourism-plan
Bassac sea link needs just one new canal: Chanthol
The completion of a proposed waterway link from the Bassac River to a “seaport” in the Kampot-Kep region will require the excavation of just one new canal, around 7km long, according to Minister of Public Works and Transport Sun Chanthol. ...
Hin Pisei
https://www.phnompenhpost.com/business/bassac-sea-link-needs-just-one-new-canal-chanthol
UN and social affairs officials convene to discuss Prey Speu
Social affairs officials met Thursday with the U.N.’s office of the High Commissioner for Human Rights to discuss the notorious Prey Speu social affairs center, with the government giving permission for the U.N. to visit the center Friday and identify residents who require psychiatric assistance ...
PM reaffirms protection of peace, monarchy and throne
Prime Minister Hun Sen has reaffirmed the Royal Government’s commitment to continue protecting peace, monarchy and the throne. ...
Khmer Times Staff
https://www.khmertimeskh.com/50981801/pm-reaffirms-protection-of-peace-monarchy-and-throne/
CLMV markets offer huge opportunities for Thai brands
Riverorchid Group, a Thai marketing and communication agency specialising in Cambodia, Laos, Myanmar and Vietnam (CLMV), has said advertising spending in the region will continue to grow and play an increasingly important role in brand communication, particularly for Thai companies. ...
Watchiranont Thongtep
http://www.nationmultimedia.com/business/CLMV-markets-offer-huge-opportunities-for-Thai-bra-30264442.html
Jobs plentiful, but wages low for Kingdom’s youth
While unemployment rates are low among Cambodian youths, their jobs are largely poorly paid and informal, providing them with just enough money to survive on, according to a recent report.The report, released on Sunday by youth NGO the Youth Resource Development Program (YRDP) and the ...
Sen David
http://www.phnompenhpost.com/national/jobs-plentiful-wages-low-kingdoms-youth
Insurance claims drop in Q1
Claims on Cambodia’s six biggest insurance companies declined year on year by more than 90 per cent in the first quarter of 2012, data from the General Insurance Association of Cambodia (GIAC) shows. The value of claims in 2011 was raised by fires that gutted two ...
http://www.phnompenhpost.com/index.php/2012051156100/Business/insurance-claims-drop-in-q1.html
Chinese language set for secondary school curricula
Cambodia and China have signed a memorandum of understanding (MoU) on the joint development of Chinese language curricula in public secondary schools in the Kingdom, with 20 high schools having been selected for the pilot phase of the programme. ...
Lay Samean
https://www.phnompenhpost.com/national/chinese-language-set-secondary-school-curricula
SME Bank released $53M for tourism business firms
Small and Medium Enterprise Bank of Cambodia Plc. has approved loans to 346 tourism-related firms totalling $53.46M or 35.64 percent of the $150M budget, said a top official of the bank. ...
Nhean Chamrong
https://www.khmertimeskh.com/501288915/sme-bank-released-53m-for-tourism-business-firms/
Deadline for right-hand drives delayed
As yet another deadline passed, right-hand drive vehicle owners will now have until June 12 to register their vehicles with the Ministry of Transport and Public Works or run the risk of being on the wrong side of the law, according to a ministry statement ...
Pav Suy
http://www.khmertimeskh.com/news/25023/deadline-for-right-hand-drives-delayed/
Professionalism best mechanism to protect journalists, expert says
Journalists need to be more professional in their reporting, which is the best way to protect themselves, a media educator says. “Like any other profession, journalism can be risky, but if journalists follow their professional codes of conduct and ethics and work with responsibility, there should ...
ASEAN urged to harmonise low carbon path to Paris
Environmental groups in Southeast Asia are urging governments of the 10-member Association of Southeast Asian Nations (Asean) to present a united and ambitious climate action plan for the upcoming climate conference in Paris this December. ...
Medilyn Manibo
http://www.eco-business.com/news/asean-urged-to-harmonise-low-carbon-path-to-paris/
PM offers opposition ceasefire
Prime Minister Hun Sen yesterday responded to calls from acting opposition leader Kem Sokha for Cambodia’s “political family” to unite for the upcoming Pchum Ben festival, saying he would observe a “ceasefire” amid the escalating war of words between himself and the opposition. Speaking at a ...
May Titthara
http://www.khmertimeskh.com/news/30119/pm-offers-opposition-ceasefire/
Minimum wage negotiations for factory workers continue
The Ministry of Labor and Vocational Training (MLVT) and the National Council of Minimum Wage launched their second round of negotiations on Monday to review the monthly minimum wage for workers in the garment, footwear, and travel goods (GFT) sector for 2024. ...
Yatt Malai
https://kiripost.com/stories/cambodia-minimum-wage-negotiations-for-factory-workers-continue
China’s BRI flagship project in Cambodia injects momentum to growth, improving livelihoods
The Sihanoukville Special Economic Zone (SSEZ), a flagship project in Cambodia under China’s Belt and Road Initiative (BRI), has not only injected impetus into the kingdom’s economic growth, but also importantly contributed to improving livelihoods of tens of thousands of locals. ...
Khmer Times Staff
https://www.khmertimeskh.com/501295175/chinas-bri-flagship-project-in-cambodia-injects-momentum-to-growth-improving-livelihoods/
Cambodia's Developers Again Aim at Stars
PHNOM PENH — Cambodia’s low-rise capital city is reaching for the sky—again. Long known as one of the last major Asian cities without a skyline, Phnom Penh embarked on a high-rise building boom in the middle of the last decade, only to see it derailed ...
http://online.wsj.com/article/SB10001424052970203315804577207352952177994.html?mod=googlenews_wsj
China highlights ties with Cambodia
President Xi Jinping underlined on Friday the importance of keeping up the momentum of cooperation within BRICS and formulating a more comprehensive, closer, pragmatic, inclusive and high-quality partnership. ...
Khmer Times Staff
https://www.khmertimeskh.com/501044520/china-highlights-ties-with-cambodia/
Trade fair to cement India-Cambodia ties
In order to further promote trade between India and Cambodia, Phnom Penh will host an Indian trade fair next month, the Commerce Ministry announced. Organized in collaboration between the Indian and Cambodian chambers of commerce, the event is intended to further develop ties between businesses in ...
Chea Vannak
http://www.khmertimeskh.com/news/28743/trade-fair-to-cement-india-cambodia-ties/