Central Bank seeks to give Riel a boost
Cambodia’s central bank will use its upcoming Second Macroeconomic Conference to discuss how best to promote the use of the riel and hasten de-dollarisation in the economy, according to an official release yesterday. ...
May Kunmakara
http://www.phnompenhpost.com/central-bank-seeks-give-riel-boost
Kantha Bopha hospitals get another $1 million
The Cambodian government donated $1 million to Kantha Bopha Children’s Hospitals on July 18, said Minister of Health Mam Bunheng. The donation came to the free outpatient medical institution as it’s facing a budget shortfall. ...
FASMEC partners to introduce SME clusters
The Federation of Associations of Small and Medium-size Enterprise of Cambodia (FASMEC) will cooperate with the Thailand-based Mekong Institute to train master teachers in an effort to implement a small and medium enterprise (SME) cluster and export consortia in the coming years, according to officials. The two-day workshop ...
Cambodia ‘ripe’ for money laundering
Cambodia is ripe for money-laundering and terrorist financing activities due to rampant corruption, banking-sector secrecy and an overall lack of financial transparency, a governance institute says in a report released this week. The Switzerland-based Basel institute on Governance has ranked Cambodia the third “highest-risk” country out of 144 ...
MoU to improve tech skills
A Thailand-based technical university yesterday signed two memorandums of understanding (MoUs) with technical training institutes in Cambodia to improve human resources in the technical sector. The MoUs were signed between the Thai Rajamangala University of Technology and the National Polytechnic institute of Cambodia and the National ...
Water Authority Stock Launch May Be Delayed
It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...
Hun Sen orders Education Minister to stop signing university diplomas
Prime Minister Hun Sen on Monday publicly announced that Education Minster will no longer sign the university diplomas which shall be signed at the university level. He said the reason to let the rectors sign the diplomas, is to promote the quality of education in ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NmQzNzVkZDIxYTN
Nonperforming microloans swell due to floods
Total outstanding loans in the microfinance sector reached $815.47 million in the third quarter, a 25.8 percent rise compared to beginning of the year, according to data released yesterday by the Cambodia Microfinance Association (CMA) Despite growth in the sector, microfinance institutions said nonperforming loans were ...
Hun Sen Ends Tonle Sap Fishing Lot System
Prime Minister Hun Sen said yesterday that he would permanentlycance all 35 fishing lots on the Tonle Sap lake – which had already been suspended in recent months – and turn them into a conservation zone to protect the lake’s pressurized wild fisheries, on which ...
New study reveals ancient site treasures
Experts have discovered more than 120 archaeological sites and three ancient locations in the Royal Academy of Cambodia Techo Sen Russey Trep Park in Preah Vihear province. ...
Pech Sotheary
https://www.khmertimeskh.com/50507846/new-study-reveals-ancient-site-treasures/
Local CSOs discuss ELCs, environmental damage with China
Over 20 Cambodian NGOs, Chinese government officials, public and private Chinese companies, and Chinese NGOs held a roundtable discussion on Friday in Phnom Penh to talk about Chinese investment in Cambodia. ...
Ven Rathavong
http://www.khmertimeskh.com/news/25748/local-csos-discuss-elcs--environmental-damage-with-china/
Hun Sen Asks Businesses to Serve Local Foods
Prime Minister Hun Sen yesterday reiterated comments made by government officials Tuesday that government institutions, hotels and restaurants should begin serving local cuisine and produce to generate more cash flow in the tourism sector. ...
Costs outweigh the benefits of foreign direct investment: FAO
Cambodia has been featured as a case study in a new report launched by the Food and Agriculture Organization of the United Nations (FAO) focusing on the effect of foreign direct investment (FDI) in developing nations’ agricultural sectors. While the report acknowledges the positive effects ...
MFI launches 15 ATMs in Cambodia
Hattha Kasekar Limited (HKL), one of Cambodia’s largest microfinance institutions (MFI), plans to install 15 ATM machines to service its increasing number of depositors. It becomes the second MFI after Prasac in Cambodia to provide this service to its clients. ...
http://www.phnompenhpost.com/2012122760495/Business/mfi-launches-15-atms-in-cambodia.html
MFIs downplay debts
Two of the leading microfinance institutions (MFIs) in Cambodia said yesterday that they have identified a relatively small fraction of borrowers who were affected by flooding and would provide relief on their repayment schedules if necessary. The comments come after both Prime Minister Hun Sen and ...
Hor Kimsay
http://www.phnompenhpost.com/business/mfis-downplay-debts
Experts discuss legitimacy of Government without Opposition
Diplomats, legal experts and political analysts all met in a forum in Phnom Penh Tuesday to discuss the implications of last year’s election and the ongoing political deadlock. Some Diplomats, like Dinesh Patnaik, India’s ambassador to Cambodia, questioned the legitimacy of a government the opposition refuses ...
Kong Sothanarith, Khoun Theara
http://www.voacambodia.com/content/experts-discuss-legitimacy-of-government-without-opposition-/1883843.html
Ancient temples of Cambodia's Angkor civilization incorporated into Google Street View in effort to boost tourism
The spectacular temples of Cambodia’s Angkor civilization have been incorporated into Google’s Street View, a boost to the impoverished country’s tourism industry that also adds urgency to efforts to preserve the sprawling historic site. The Internet giant said in a statement Thursday that Street View now ...
New York Daily News
http://www.nydailynews.com/news/world/cambodia-angkor-civilization-google-street-view-article-1.1744354
Health progress lauded
Cambodia’s progress in reducing maternal mortality was recognised internationally this week at the 67th World Health Assembly in Switzerland. Efforts to increase the number of skilled birth attendants and an increase in the number of 24-hour emergency centres available to pregnant women were both credited with ...
Amelia Woodside
http://www.phnompenhpost.com/national/health-progress-lauded
Much to discuss at upcoming regional forum, analysts say
Cambodia and other Southeast Asian countries are preparing for a major regional meeting, which will be held in Burma Aug. 10. Analysts say Cambodia should raise ongoing security issues that threaten regional economic integration at the Asean Regional Forum. The South China Sea issue continues to ...
Khoun Theara
http://www.voacambodia.com/content/much-to-discuss-at-upcoming-regional-forum-analysts-say/1968851.html
Cambodia may present safer base for Taiwanese businesses
Cambodia is a promising target for Taiwanese entrepreneurs seeking cheap labor without risking the social unrest that has surged through Vietnam, according to an economics professor in Taiwan cited in our Chinese-language sister paper China Times. Riots have broken out in Vietnam against China’s oil rig ...
Hong Kai-yin, Huang Tsung-yuan, Tang Yu-lin and Staff Reporter
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140521000069&cid=1202