Inflation rose by 1.8 per cent in January
Inflation in the Kingdom increased by 1.8 per cent in January compared with the same period the year before. Higher costs for food and fuel were the main drivers, official data from the National Institute of Statistics (NIS) show. Khin Song, deputy director general of the ...
http://www.phnompenhpost.com/2013032264619/Business/inflation-rose-by-1-8-per-cent-in-january.html
H5N1 Avian Influenza: Cambodia Reports 22nd Case In Girl From Battambang Province
The Ministry of Health (MoH) of the Kingdom of Cambodia has announced a new human case of H5N1 avian influenza, according to a ministry press release Wednesday. The case is a 6-year-old girl from Romdoul village, O Romdoul commune, Phnom Preuk district, Battambang province confirmed positive ...
Robert Herriman
http://www.theglobaldispatch.com/h5n1-avian-influenza-cambodia-reports-22nd-case-in-girl-from-battambang-province-38291/
Report Says More Than 10 Percent of Children Are ‘Laborers’
More than 10 percent of children in the country aged between 5 and 17 work as laborers, with more than 5 percent engaged in “hazardous labor,” a situation that must be addressed by the government, the International Labor Organization (ILO) said in a report released ...
Colin Meyn
http://www.cambodiadaily.com/news/report-says-more-than-10-percent-of-children-are-laborers-48198/
Institute land not leased: gov’t
Responding to reported fears among staff that the destruction of a wall at Phnom Penh’s Buddhist Institute could herald the piecemeal sale of the grounds to adjacent casino operator NagaCorp, the government yesterday chalked the alarm up to a simple misunderstanding. According to the Ministry of ...
Chhay Channyda
http://www.phnompenhpost.com/national/institute-land-not-leased-gov%E2%80%99t
Sonando Fans to Stage Protest for TV License
Mam Sonando, owner of the popular Beehive Radio station, and his supporters will defy a government ban on public gatherings and start daily protests against the Ministry of Information’s rejection of Mr. Sonando’s request for a relay station and a TV station, Mr. Sonando’s assistant ...
Kuch Naren and Denise Hruby
http://www.cambodiadaily.com/news/sonando-fans-to-stage-protest-for-tv-license-50686/
Gov’t urges sauce makers to increase iron content
Manufacturers of soy and fish sauces should fortify the products with iron in order to improve Cambodians’ health, government officials said yesterday. During a workshop on iron fortification, Sat Samy, secretary of state at the Ministry of Industry and Handicrafts, called on producers to help combat ...
Kang Sothear
http://www.cambodiadaily.com/news/govt-urges-sauce-makers-to-increase-iron-content-67579/
World Bank in spotlight
As the World Bank considers supplying fresh loans to Cambodia, a new study uses the country as exhibit A for how the financier effectively sponsors corporate land grabs at the expense of the rural poor it purportedly helps. Three years ago, the bank’s own inspectors found ...
Laignee Barron
http://www.phnompenhpost.com/national/world-bank-spotlight
Unofficial lenders flock to the NBC seeking to be registered
More than 100 unofficial lenders have flooded into the National Bank of Cambodia seeking formal registration after the authorities announced a crackdown earlier this month on unrecognised operators. In a joint declaration from the Ministry of Economy and Finance and the NBC on February 2, officials ...
Chan Muyhong
http://www.phnompenhpost.com/unofficial-lenders-flock-nbc-seeking-be-registered
Unofficial lenders flock to the NBC seeking to be registered
More than 100 unofficial lenders have flooded into the National Bank of Cambodia seeking formal registration after the authorities announced a crackdown earlier this month on unrecognised operators. In a joint declaration from the Ministry of Economy and Finance and the NBC on February 2, officials ...
Chan Muyhong
http://www.phnompenhpost.com/unofficial-lenders-flock-nbc-seeking-be-registered
UN, GGGI and Government of Cambodia announce support to green bond issuers
In March, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Global Green Growth Institute (GGGI), and the Securities and Exchange Regulator of Cambodia (SERC), in collaboration with the Credit Guarantee and Investment Facility (CGIF) and GuarantCo, part of the ...
Khmer Times Staff
https://www.khmertimeskh.com/501314877/un-gggi-and-government-of-cambodia-announce-support-to-green-bond-issuers/
Hun Sen promotes price lists for public institutions
Prime Minister Hun Sen has urged public institutions to provide clear terms of reference for the services they provide, as part of an effort to attract investment in the Kingdom. Institutions that did not implement this policy would be punished under the law, he said. ...
Yunnan offers to help tourism sector
The Ministry of Tourism is to collaborate with Yunnan’s Tourism and Vocational Training Institution to develop human resources in tourism and seek the methodology to attract more Chinese tourists to visit Cambodia. ...
Sok Chan
http://www.khmertimeskh.com/news/40085/yunnan-offers-to-help-tourism-sector/
606 New Companies Opened in Cambodia in Q1, Down 33 pct
Cambodia had granted operating licenses to 606 new companies in the first quarter of this year, a 33 percent decrease compared with the 904 firms at the same period last year, the Commerce Ministry’s report showed Tuesday. Yim Rom, an official at the ministry’s statistics ...
Varying Degrees of Progress Shown in Development Report
The government has made “remarkable development progress” in successfully guiding the country through the global financial crash of 2008, ensuring economic stability and enabling the government to meet the Cambodian Millennium Development Goal on poverty reduction, Prime Minister Hun Sen said yesterday. Speaking at the launch ...
No sign of relief for rice industry
As the harvest season of Cambodia’s most important crop kicks off, a crisis is looming as both rice farmers and millers face crippling capital shortages and a promised industry lifeline has yet to materialise. Industry experts said yesterday that these small farmers desperate to pay their ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/no-sign-relief-rice-industry
Chroy changvar bridge to close for repairs
The Cambodia-Japan Friendship Bridge will close for repairs early next year after structural damage was discovered last year, City Hall announced yesterday. City Hall spokesman Mean Chanyada said: “We will close the bridge for 22 months to make repairs starting from early January 2017.” ...
Ven Rathavong
http://www.khmertimeskh.com/news/28345//
Casinos flush with locals
At 7am, the border crossing from Vietnam to Svay Rieng’s Bavet town is already buzzing with the activity of foreign gamblers arriving for a day at the casinos along National Highway 1. But throughout the day, a steady trickle of Cambodian players make their way ...
Cambodia's inflation slightly up to 3.8% in June
Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...
http://news.xinhuanet.com/english/business/2012-07/25/c_131737766.htm
Malaysian company selling its local bank
Malaysian financial services group Hwang-DBS Bhd is selling its eponymous bank in Cambodia for $40 million, the company has announced on the Bursa Malaysia. The sale is to Phillip MFIs Pte Ltd, a member of the Singapore-based PhillipCapital Group. PhillipCapital has an existing presence in ...
Daniel de Carteret
http://www.phnompenhpost.com/business/malaysian-company-selling-its-local-bank
Country’s first Japanese news website launched
Thmey Thmey online news website on Wednesday launched a Japanese-language version of the site to help illuminate the world of Cambodian politics and business for Japanese residents here, as well as those considering relocating or investing in the country. The news site, which was set up ...
Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/countrys-first-japanese-news-website-launched-58743/