Cambodians shun banks: World Bank report
Cambodian people used banks less than any other country in the Asia-Pacific region last year in percentage terms of using financial services, recent data from the World Bank showed. The report, released this month, also pointed to high growth in the percentage of borrowers, which insiders ...
http://www.phnompenhpost.com/index.php/2012053056467/Business/cambodians-shun-banks.html
Green strategy to boost GDP
Cambodia is paving the way for a greener future by setting clear guidelines for climate action, according to a senior official at the Ministry of Environment. ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/green-strategy-boost-gdp
FDI inflow seen as driving economic development
A modest increase in the inflow of foreign direct investment is a sign that Cambodia remains an attractive destination to investors, and will go a long way toward the country’s development, analysts said yesterday. Total capital inflow of foreign direct investment (FDI) to Cambodia amounted to ...
Hor Kimsay
http://www.phnompenhpost.com/business/fdi-inflow-seen-driving-economic-development
Don’t mention South China Sea, government tells Asean
The National Assembly will petition Asean officials to remove a reference to the South China Sea maritime dispute from an upcoming joint statement, officials confirmed on Tuesday, a move some analysts and diplomats say will again threaten regional cohesion. ...
Khuon Narim and Ben Paviour
https://www.cambodiadaily.com/news/dont-mention-south-china-sea-government-tells-asean-117083/
NBC survey shows riel perceptions
The central bank released its first-ever national study yesterday on perceptions and usage of the riel and foreign currencies in Cambodia, which aimed at not only understanding existing trends, but also at steering future financial legislation to boost the circulation of Cambodia’s national currency. ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/nbc-survey-shows-riel-perceptions
Brown rice standards are being promoted
Cambodian officials have begun to raise awareness on the forthcoming government issued standards for Cambodian milled brown rice, in an effort to guage reactions ahead of the official approval by the National Standards Board, according to officials. The official approval, aimed at promoting brown rice in ...
Poisonous produce
More than 200 people in Cambodia’s eastern Svay Rieng province were hospitalized after eating imported vegetables from Vietnam that were not properly washed or cooked, the French-based Pasteur Institute of Cambodia has confirmed after running tests. The case has highlighted an already acknowledged need for more domestic vegetable production and less dependency on imported produce. The ...
Cambodia Least Competitive in Region on Global Index
Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...
http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html
Cambodian goods to be certified
The Ministry of Industry, Mines and Energy (MIME) will begin promoting the Institute of Standards of Cambodia (ISC) certifications by the end of 2012 in an effort to educate people about certified goods, according to ministry officials. The program is in order to boost consumer confidence ...
http://www.phnompenhpost.com/index.php/2012070657245/Business/cambodian-goods-to-be-certified.html
Silent killer taking toll
Villagers emerge from the shade of their homes and gingerly roll up their sleeves, turning their palms upwards to reveal skin braided with dark lesions, ulcers and decaying tissue. They point to houses up and down the street where people have died of symptoms like ...
Laignee Barron
http://www.phnompenhpost.com/national/silent-killer-taking-toll
Mechanics school on the way
A new auto-mechanics training school at the National Polytechnic Institute of Cambodia (NPI) that aims to train select Cambodian youth and support a shortage in the labour market officially commenced construction yesterday. In partnership with the Ministry of Labour, joint sponsors the Korean International Cooperation Agency ...
Hor Kimsay
http://www.phnompenhpost.com/business/mechanics-school-way
Legal experts: Cambodia judicial laws of 'Deep concern'
International legal experts are expressing deep concern over proposed changes to Cambodia’s legal system that critics say hand over too much power to the executive. At a meeting in Phnom Penh Tuesday, a group recommended the three judicial reform laws should be returned to parliament ...
Robert Carmichael
http://www.voacambodia.com/content/legal-experts-say-cambodia-judicial-laws-of-deep-concern/1958277.html
Capital shortage main obstacle for Cambodia in connectivity development: official
A lack of capital is the main obstacle for Cambodia to expedite connectivity development and the Southeast Asian country hopes that the Asian Infrastructure Investment Bank (AIIB) and the Silk Road Fund will fill the shortage, a spokesman said. ...
The Cambodia Herald News Staff
http://bit.ly/1HSN1UT
Institution-based sex crimes raise concerns
Institution-based sex crimes against children and the threat of online pedophiles are a “growing concern” in Cambodia, child protection organisation APLE said in its annual report yesterday. ...
Vong Sokheng and Igor Kossov
http://www.phnompenhpost.com/national/institution-based-sex-crimes-raise-concerns
Woori to buy Cambodian microfinance institution
Woori Bank has decided to acquire Cambodia’s microfinance institution Malis Finance for 5 billion won ($4.9 million) to accelerate its global expansion. The Financial Services Commission approved Woori Bank’s acquisition of Malis on Wednesday, according to bank officials. ...
Suk Gee-hyun
http://www.koreaherald.com/view.php?ud=20140619000883
Garment sector training institute breaks ground
Employing some 700,000 Cambodians, the garment sector is the country’s largest private employer. But move above the factory floor and you will find mostly foreigners, from countries such as China, Singapore, Bangladesh, Sri Lanka and the Philippines. ...
Peter Ford and Kang Sothear
https://www.cambodiadaily.com/news/garment-sector-training-institute-breaks-ground-93371/
Smart, ministries offer scholarships
Smart Axiata in collaboration with the ministries of Education, Youth and Sport (MoEYS), and Posts and Telecommunication (MPTC), signed a three-year Memorandum of Understanding (MoU) on Tuesday to “develop future talents and digital corporate leaders”. As part of this, 20 scholarships will be offered to ...
Voun Dara
https://www.phnompenhpost.com/national/smart-ministries-offer-scholarships
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/
ICRC offers prisons help
The International Committee of the Red Cross (ICRC) is willing to offer assistance in future prison building projects, and in the preparation of prison management policies that are in line with international standards, the National Police website said on Tuesday. According to the website, the ICRC ...
Taing Vida
http://www.khmertimeskh.com/news/30054/icrc-offers-prisons-help/
China offers cassava hope
Cambodia has marked its first Cassava Day with expectations of greater exports to China, one of the world’s big markets for the tuberous root. ...
Chea Vannak
http://www.khmertimeskh.com/news/36202/china-offers-cassava-hope/