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Press release "Independent report shows Cambodia's microfinance sector promotes sustainable development goals"

On 19 January 2024, the Cambodia Microfinance Association issued a press release on the Independent report showing Cambodia’s microfinance sector promotes sustainable development goals on their official social media site. According to the press, the study was conducted with more than 3,200 customers of Microfinance institutions ...

Cambodia Microfinance Association

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Lighting the rural night

For Cambodian farmer In Chanthy, illuminating the rural night used to be tiresome task. His village in Svay Rieng province is not connected to the national electricity grid and to light the dark he would have to take car batteries to a station and pay ...

Government Mulls Issuing Sovereign Bonds

Cambodia is considering offering sovereign bonds to raise more revenue for the national budget and move away from its dependence on overseas aid, a senior central bank official said Sunday. National Bank of Cambodia director-general Nguon Sokha said the Ministry of Economy and Finance was currently ...

http://www.cambodiadaily.com/business/government-mulls-issuing-sovereign-bonds-21989/

Standard & Poor's says outlook stable as Cambodia ratings affirmed

Standard & Poor’s affirmed Thursday its ‘B’ long and short-term sovereign credit ratings for Cambodia, adding that the outlook for the long-term rating remained stable. At the same time, the US rating agency affirmed its ‘axBB-‘ long-term and ‘axB’ short-term ASEAN regional-scale ratings on the country. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZjFhZTkwM2YxZjJ

Minister Says Challenges Remain in Achieving Gender Equality

Women’s Affairs Minister Ing Kantha Phavi on Tuesday defended the government’s policies on promoting gender equality and preventing discrimination against women, but conceded that challenges remain in achieving principles set out in the U.N.’s convention to stop discrimination against women. Speaking in Geneva to the U.N. ...

Lauren Crothers
http://www.cambodiadaily.com/news/minister-says-challenges-remain-in-achieving-gender-equality-44708/

Massive protest over minimum wage continues in Bavet

An unruly protest in Svay Rieng province’s Bavet town entered its second day yesterday as thousands of garment workers from a number of special economic zones continued to throw stones and break windows as they demonstrated for a greater increase to the national garment industry ...

Chhay Channyda and Morn Vanntey
http://www.phnompenhpost.com/national/massive-protest-over-minimum-wage-continues-bavet

ADB and World Bank Help Upgrade External Audit

ADB and World Bank have organized the training Audit workshop on the theme: “Strengthening quality of external audits of ADB and World Bank Funded Projects,” at Phnom Penh Hotel on 29 August 2011 aiming at increasing the auditors’ capacity to establish a good reporting statement ...

http://thesoutheastasiaweekly.com/

Pirated Software May Threaten Garment Firms

Garment factories run the risk of having their cargo confiscated by U.S. customs authorities if they continue using pirated computer software in their administrative operations, and may be prosecuted under a law that requires all manufacturers to use licensed digital software, according to a local ...

http://www.cambodiadaily.com/business/pirated-software-may-threaten-garment-firms-28459/

Land-Titling Project Denied Minorities of Property Rights

Hundreds of indigenous minorities in Ratanakkiri province are being made worse off by Prime Minister Hun Sen’s land-titling scheme which, rather than securing their property rights, is contributing to the loss of their ancestral lands, according to a new report. The report supports complaints aired since ...

http://www.cambodiadaily.com/news/land-titling-project-denied-minorities-of-property-rights-19528/

Poll Finds Cambodians Generally Happy With Life

It’s one of the world’s 49 least developed countries and almost half of the voting population is unhappy with the current government. But 72 percent of Cambodians are generally happy and spend large amounts of their time laughing, smiling and generally enjoying life. That’s the conclusion ...

Colin Meyn and Hul Reaksmey
http://www.cambodiadaily.com/news/poll-finds-cambodians-generally-happy-with-life-44145/

Court Charges Official With Corruption Over Pension Scandal

The Kompong Cham Provincial Court on Saturday charged the chief of Srei Santhor district’s social affairs office with corruption following his arrest by the Anti-Corruption Unit (ACU) on Friday for withholding pensions and other bonuses from retired teachers, a court official said Tuesday. Provincial court deputy ...

Kuch Naren
http://www.cambodiadaily.com/news/court-charges-official-with-corruption-over-pension-scandal-47381/

Diabetes on Rise Due to Unhealthy Lifestyles

More than 1,000 people marched to the Kompong Thom provincial referral hospital on Saturday to mark World Diabetes Day and raise awareness of the chronic disease, which affects 3 percent of Cambodians and is increasing due to changing diets. Saturday’s event was organized by Mopotsyo, a ...

Denise Hruby
http://www.cambodiadaily.com/news/diabetes-on-rise-due-to-unhealthy-lifestyles-47805/

Moc Bai Border Gate Economic Zone

Moc Bai Border Gate Economic Zone is located on the Trans-Asia Road that starts from Myanmar, goes to Thailand, Cambodia, Laos and Vietnam and ends at Quangxi, China. It was built with three border gates on an area of 21,283ha, covering the communes of Long Thuan, ...

Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/92035/moc-bai-border-gate-economic-zone.html

More than 100 workers faint at Shenzhou garment factory

More than 100 workers of Shenzhou garment factory in Phnom Penh fainted Thursday, one day after a similar mass fainting at the same factory. The first workers fainted at about 8 a.m., setting off a chain reaction that sent the entire workforce running from the factory ...

Matt Blomberg and Sek Odom
http://www.cambodiadaily.com/news/more-than-100-workers-faint-at-shenzhou-garment-factory-55766/

Rice Scheme Will Hurt Thais and Help Vietnam

Thailand–Consumers face prospect of high prices, low quality rice from Burma, Cambodia: TDRI. While consumers and taxpayers will suffer from the government’s controversial rice policy, Vietnam will substantially gain, the Thailand Development Research Institute (TDRI) has warned. Ammar Siamwalla, a prominent economist, yesterday asked the ...

http://www.nationmultimedia.com/2011/09/05/business/Rice-scheme-will-hurt-Thais-and-help-Vietnam-30164507.html

Gender gap in dispute

Cambodian women have less chance of being promoted to positions of power than women in any other East Asian country, a report by the NGO Social Watch International has found. But government officials have rejected the findings and maintained the number of females in Cambodia’s ...

http://www.phnompenhpost.com/index.php/2012030754905/National-news/gender-gap-in-dispute.html

Real Wages in Garment Sector Fell Over 10 Years

Wages for Cambodian garment workers decreased by more than 20 percent in real terms between 2001 and 2011 despite the industry’s exponential increase in exports, which in 2012 were valued at more than $4 billion, according to a recent report by a U.S.-based workers advocacy ...

http://www.cambodiadaily.com/news/wages-in-garment-sector-fell-22-over-10-years-34788/

Speaking in tongues: Young Cambodians learning foreign languages to improve economic opportunities

In the globalised world, being able to communicate in more than one language is becoming essential for many people seeking rewarding careers. Young Cambodians have taken this message to heart and are learning Cambodia is slowly moving up the development ladder but low-wage factory labour still ...

http://www.bangkokpost.com/business/news/365365/speaking-in-tongues

Cambodia copes with double-digit traffic growth

The Cambodian government recently awarded the operator of its three international airports more than $100 million for upgrades in an effort to accommodate strong passenger growth driven by the country’s nascent tourism industry. Cambodia Airports—the subsidiary of Italian firm Vinci, which serves as the concession ...

Jennifer Meszaros
http://www.ainonline.com/aviation-news/2014-02-05/cambodia-copes-double-digit-traffic-growth

China is top dam builder, going where others won't

Up a sweeping jungle valley in a remote corner of Cambodia, Chinese engineers and workers are raising a 100-meter- (330-foot-) high dam over the protests of villagers and activists. Only Chinese companies are willing to tame the Tatay and other rivers of Koh Kong province, ...

http://www.bellinghamherald.com/2012/12/18/2809176/china-is-top-dam-builder-going.html#storylink=rss

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