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Banking summit set to offer students thousands of jobs

The Banking Jobs and Skills Summit 2023 is set to take place from September 29-30 at the National University of Management (NUM), featuring around 20 financial institutions and offering thousands of job opportunities to students. ...

Van Socheata
https://www.phnompenhpost.com/national/banking-summit-set-offer-students-thousands-jobs

Officer convicted of fraud still employed at Defense University

A military officer convicted of fraud and sentenced to one year in prison in October is still em­ployed by the National Defense Uni­versity (NDU), the school con­firmed this week, despite the fact that the officer’s co-conspirator is now behind bars.   ...

Buth kimsay and Taylor O'connell
https://www.cambodiadaily.com/news/officer-convicted-of-fraud-still-employed-at-defense-university-112874/

Senator Kok An's Case Back in

The Appeal Court yesterday began hearing now-incarcerated former Anco Brothers deputy general director Heng Chheang’s appeal against Senator Kok An’s requested Phnom Penh Municipal Court injunction over his property. Chheang, and his wife, Tep Kolap, former Phnom Penh International University director, were convicted and sentenced to ...

http://www.phnompenhpost.com/index.php/2012081558000/National-news/senator-kok-ans-case-back-in-court.html

Fund Set Up to Raise Money For Victim of Police Shooting

An expatriate living in Phnom Penh has set up a fund to raise $3,000 over the next month to help pay the medical expenses of a student shot in the spine by a police officer at the SL Garment Factory workers’ protest last month. Hoeurn Chann, ...

Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/news/fund-set-up-to-raise-money-for-victim-of-police-shooting-48841/

Cambodia to rear prawns in ‘third water’

Cambodian farmers will open three prawn farms this summer in the mountain region using Japanese technique of ‘third water’ for creating artificial river and seawater The artificial water is a blend of fresh water and a carefully measured mix of minerals, including salts of sodium, potassium ...

Far Eastern Agriculture News Staff
http://www.fareasternagriculture.com/index.php?option=com_content&view=article&id=3463:cambodia-to-rear-prawns-in-third-water&catid=1080&Itemid=97

PM proposes law to prevent rent increase

During a graduation ceremony at Royal University of Law and Economics, Prime Minister Hun Sen said he and the opposition leader agreed to create a law to prevent landlords from raising rent. ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/pm-proposes-law-to-prevent-rent-increase-8172

Building back better with access to information

UNESCO and the Ministry of Information, and the Ministry of Post and Telecommunications, the Department of Media and Communication at the Royal University of Phnom Penh, and civil society organisations, are commemorating the 2021 International Day of Universal Access to Information (IDUAI) in Cambodia, on ...

Khmer Times Staff
https://www.khmertimeskh.com/50942865/building-back-better-with-access-to-information/

National Bank of Cambodia Reports Lending Surge in 2012

Lending by commercial banks in Cambodia grew by more than one-third last year, according to figures provided by the National bank of Cambodia (NBC) yesterday. banks lent out a total of $5.89 billion in 2012, compared with $4.39 billion in 2011, NBC figures show, meaning ...

http://www.cambodiadaily.com/business/national-bank-of-cambodia-reports-lending-surge-in-2012-11368/

China's ICBC offers RMB transfers

A new banking settlements system called CHANCES, dealing exclusively in the Chinese currency renminbi (RMB), aims to make trade between China and the ASEAN countries easier and less expensive. Owned and operated by the Industrial and Commercial bank of China (ICBC), the CHANCES system stands for ...

http://www.phnompenhpost.com/index.php/2012102359361/Business/industrial-and-commercial-bank-of-china-offers-rmb-transfers.html

Cambodia to Cooperate with Korean Prosecutors

Following a meeting in Seoul yesterday, Cambodian officials have reportedly decided to cooperate with South Korean prosecutors in the investigation of Busan Savings Bank Group, where shareholders are suspected of illegally financing $365 million worth of investments in Cambodia, according to Yonhap News. Busan’s ...

Price tag set for railway link to Vietnam border

The rail link to Vietnam from Cambodia has been estimated at $686 million dollars. The link would finally connect Singapore to Kunming, China. The $686 million does not include compensation for those who link along the proposed railway locations and no funding has been confirmed ...

http://www.phnompenhpost.com/index.php/2011072150549/Business/price-tag-set-for-railway-link-to-vietnam-border.html

Foreign currency deposits see strong growth

Foreign currency deposits grew briskly during the first four months of the year, a sign that public confidence in Cambodia’s financial institutions is high despite the uncertainty after last year’s disputed national election, bankers said this week. Cheam Teang, executive vice president of Acleda bank Plc., ...

Kang Sothear
http://www.cambodiadaily.com/business/foreign-currency-deposits-see-strong-growth-59815/

Bank Predicts 6.8% Economic Growth in 2012

The Asian Development Bank (ADB) has released figures which show they believe that the Cambodian economy will grow between 6.8 and 7 percent in 2013 and 6.8 percent in 2012. Their reporting sites the growth in the Cambodian garment industry as a major factor. The ...

National bank to receive support from IFC

The International Finance Corporation (IFC) signed a Memorandum of Understanding with the National Bank of Cambodia (NBC) yesterday in a move that officials are predicting will usher in a new era of responsible corporate governing practices, transparency, financial risk management and public confidence in the ...

May Kunmakara
http://www.khmertimeskh.com/news/24858/national-bank-to-receive-support-from-ifc/

Wing promotes Khmer riel circulation among its customers

Made by Cambodians for Cambodians, Wing (Cambodia) Limited Specialized Bank, the leading mobile Banking services provider in Cambodia, is proud to join the National Bank of Cambodia (NBC) in promoting Khmer Riel usage among its customers across the country by establishing service charges, as well ...

Khmer Times Team
http://www.khmertimeskh.com/news/36594/wing-promotes-khmer-riel--circulation-among-its-customers/

ANZ may sell Asia bank stakes due to stringent capital rules

Australia and New Zealand Banking Group (ANZ.AX) would consider selling some of its stakes in Asian Banks if Australia does not ease stringent capital requirements, chief executive Mike Smith said on Wednesday. The plan raises questions about how Australia’s smallest ‘Big Four’ Bank will meet the ...

http://uk.reuters.com/article/2012/08/15/us-anz-asia-idUKBRE87E04L20120815

IMF Predicts Country’s Economy to Grow 7%

The International Monetary Fund (IMF) on Friday said it expects Cambodia’s economy to grow by 7 percent this year, fueled mostly by the garment, tourism and construction sectors, though risks such as extreme weather and labor market instabilities could cause growth to fluctuate. The IMF also ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/imf-predicts-countrys-economy-to-grow-7-47117/

Bank sector at risk: S&P

The National Bank of Cambodia (NBC) lacks the resources to enforce regulatory standards and bail out underperforming Banks during times of need, credit ratings agency Standard & Poor’s says. Cambodia’s Banking sector was labelled high-risk, with a score of nine out of 10 on S&P’s2014 Banking ...

Eddie Morton
http://www.phnompenhpost.com/business/bank-sector-risk-sp

National Bank of Cambodia looks at local yuan role

Bank of China is in negotiations with Cambodia’s central Bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial Banks in Cambodia have launched yuan remittance and trade-settlement products. The ...

http://www.phnompenhpost.com/index.php/2012080657819/Business/national-bank-of-cambodia-looks-at-local-yuan-role.html

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