Concern over trade deal’s investor dispute mechanism
A civil society organisation has raised concerns about the proposed Regional Comprehensive Economic Partnership (RCEP), claiming that one provision of the sweeping trade agreement would limit the Kingdom’s ability to draft socially beneficial policies. ...
Kali Kotoski
http://www.phnompenhpost.com/business/concern-over-trade-deals-investor-dispute-mechanism
Japanese investor acquires local MFI
A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-investor-acquires-local-mfi
PM orders arrest of lying politicians
Prime Minister Hun Sen has ordered authorities to arrest any politicians pledging to clear the debts of voters with micro-finance institutions (MFIs) and banks if their party wins the elections. ...
Taing Vida
http://www.khmertimeskh.com/news/35279/pm-orders-arrest-of-lying-politicians/
Correction and issuance of high school diplomas and provisional high school diplomas
On 10 September 2021, the Ministry of Education, Youth and Sports issued a notification on correction and issuance of high school diplomas and provisional high school diplomas.Applicant, parents or guardians and representatives of higher education institutions who wish to correct the information on the high ...
Ministry of Education, Youth and Sports
Institut Pasteur du Cambodge: COVID-19 related activities update on 25 February 2020
On 25 February 2020, the Institute Pasteur du Cambodge (IPC) has announced on the update of COVID-19 related activities. Utilizing BLS-3-level biosafety and biosecurity capacity in conjunction with multiple diagnostic tests according to the WHO interim guidance, IPC has implemented, validated, and ensured diagnostic capacity ...
Institut Pasteur du Cambodge
Amret MFI gets $10M loan to aid SME reach
Amret Microfinance received a $10 million boost yesterday by a loan from German development bank KfW, according to a joint statement from the finance institutions. Chea Phalarin, chief executive officer of Amret Microfinance Institution, said yesterday that the new loan – equal to nearly double its ...
Hor Kimsay
http://www.phnompenhpost.com/business/amret-mfi-gets-10m-loan-aid-sme-reach
Prasac moves towards becoming a bank
Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to ...
CARD, UN on nutrition drive
The Council for Agricultural and Rural Development (CARD), in collaboration with the UN World Food Programme (WFP), have launched a dissemination strategy for the SUN Business Network (SBN) – a key part of the global Scaling Up Nutrition (SUN) Movement – in a bid to ...
Mom Kunthear
https://www.phnompenhpost.com/national/card-un-nutrition-drive
Phnom Penh proposed for RCEP Secretariat
Officials have suggested that the 14 partner signatories to the Regional Comprehensive Economic Partnership (RCEP) establish a trade secretariat in Phnom Penh. The agreement, which aims to boost economic development, came into force at the beginning Of 2022. ...
Rann Reuy
https://www.phnompenhpost.com/business/phnom-penh-proposed-rcep-secretariat
Institutions link to boost tourism
The Royal Academy of Cambodia (RAC) and Ministry of Tourism have agreed to team up to boost tourism in the Kingdom. Both institutions will soon sign a memorandum of understanding (MoU) to that effect. ...
Sok Chan
https://www.khmertimeskh.com/50720709/institutions-link-to-boost-tourism/
Health sector on notice
Legal action will be taken against health institutes that offer a low quality of care, according to a directive issued by the Minister of Health last week, which also emphasized the importance of digital record keeping in the medical sector. ...
Mom Kunthear
http://www.khmertimeskh.com/news/26032/health-sector-on-notice/
Minister tells UN ‘perfect democracy’ not realistic
Foreign Minister Prak Sokhonn defended the government before the U.N. General Assembly in New York on Saturday, saying that the ruling party was being held to unrealistic expectations of a “perfect democracy” while the opposition was “committing very serious crimes.” Delivering his first major address to ...
Colin Meyn
https://www.cambodiadaily.com/news/minister-tells-un-perfect-democracy-not-realistic-118422/
Loans and deposits climb
Loans and deposits at Cambodia’s 32 micro-finance institutions and four NGOs, as well as small loans from Acleda Bank, rose sharply last year compared with a year earlier. Industry players say this is a result of the Kingdom’s rapid economic improvement and political stability. official data from ...
http://www.phnompenhpost.com/2013020461166/Business/loans-and-deposits-climb.html
Sesan villagers reject offer, call for studies
Villagers in Stung Treng province have rejected a new compensation offer from the firm building the divisive Lower Sesan 2 hydropower dam. ...
May Titthara
http://www.phnompenhpost.com/national/sesan-villagers-reject-offer-call-studies
Minister urges ties with Asian nations
Cambodia must further integrate with its East Asian neighbours for future economic development, said Minister of Economy and Finance Keat Chhon. The financial crisis highlighted the need to diversify production, and Asia’s markets are ripe for increased Cambodian exports, he said. Speaking at the 7th ...
Spending on Defense and Security up 17% in 2014
The country’s draft $3.4 billion national budget for 2014 proposes yet another $920 million in new debt to make ends meet, the same amount taken on this year, according to a copy of the spending bill obtained Thursday. The draft budget calls for nearly $400 million—or ...
Kuch Naren and Zsombor Peter
http://www.cambodiadaily.com/news/spending-on-defense-and-security-up-17-in-2014-46747/
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
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 ...
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
Moody’s maintains sovereign debt rating
Global credit rating agency Moody’s Investors Services has maintained Cambodia’s B2/stable sovereign rating, stating in its latest credit opinion on the Cambodian government that the rating was underpinned by the Kingdom’s credit strengths, specifically its healthy growth prospects and a stable external payments position. ...
Hor Kimsay
http://www.phnompenhpost.com/business/moodys-maintains-sovereign-debt-rating