Gov’t offers bursaries for poor
The government will provide scholarships to poor public school students in grades 1 through 12 in an effort to curb drop-out rates. ...
Chhay Channyda
http://www.phnompenhpost.com/national/govt-offers-bursaries-poor
RI offers weaponry, uniforms to Cambodia
President Joko “Jokowi” Widodo suggested on Tuesday that Cambodia procure weaponry and uniforms from Indonesia as part of cooperation between the two countries. ...
Jakarta Post News Staff
http://bit.ly/1OEG3Fk
Gov’t revenues rise 11 pct
Government revenues totalled more than $700 million over the first four months of the year, an 11 per cent year-on-year increase, data from the Ministry of Economy and Finance (MEF) show. In total, the revenue made by the General Department of Taxation (GDT) rose by about ...
http://www.phnompenhpost.com/2013062166406/Business/gov-t-revenues-rise-11-pct.html
Room for Improvement in Cambodia’s Bank Sector
While Cambodia has made considerable strides in its banking sector, it still lags behind countries in the region in the areas of e-banking and access to services, industry experts attending the Fifth Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh said yesterday. ...
Fee hike reduced after med students protest
Following a huge outcry from medical students, the University of Health Sciences agreed yesterday to lower a planned rise in annual tuition for those hoping to pursue a medical specialty beyond their general degree. The students then agreed to accept the rector’s offer of $2,250, ...
Chhay Channyda
http://phnompenhpost.com/national/fee-hike-reduced-after-med-students-protest
Come floods or high waters, most MFIs continue to loan
After experiencing decades of floods, Cambodia’s microfinance institutions say they no longer have problems disbursing loans during the rainy season, according to the head of Cambodia’s Microfinance Association (CMA). A survey issued early this year by a coterie of international aid organisations, including Oxfam, Care, PACT ...
Microfinance: an insider's view
The story of Cambodia’s microfinance sector has been one of successful evolution, evidenced by the growing number of lenders and their continual development. Many microfinance institutions (MFIs) started as NGO-like entities, but the industry has come a long way. Today, there are 32 MFIs licensed ...
Rated X for content: TEDxPP
The grand finale at Phnom Penh’s much-ballyhooed TEDx event on Saturday was intended to send a message. Several activists, among them Loun Savath and the son of the late Chut Wutty, would stand before an audience of 600 and read accounts of violent land disputes. Images from ...
http://www.phnompenhpost.com/index.php/2012061156729/National-news/rated-x-for-content.html
Cambodia's inflation increases by 1.6 pct in November
Cambodia’s inflation rate had increased by 1.6 percent in November 2012 if compared with November 2011 due to moderate increases in food and petroleum prices, according to the latest statistics of the National Institute of Statistics (NIS) on Tuesday. The statistics said the total consumer price ...
http://news.xinhuanet.com/english/business/2013-01/01/c_132075617.htm
Businesses Told to Close for 8 Days for King Father's Funeral
Business owners in Phnom Penh’s Daun Penh district yesterday said they will not follow a government directive to close their businesses for eight days in observance of the second mourning period for the late King Father Norodom Sihanouk. The order, which was distributed on Sunday to ...
By 2020, $9 billion needed for road funding: report
Cambodia needs $9 billion to be invested into 850 kilometres of roadways by 2020, according to a study by Henan Provincial Communications Planning Survey and Design Institute. From the Chinese province of Henan, officials from the state-owned engineering Institute went to great lengths yesterday to explain ...
Hor Kimsay
http://www.phnompenhpost.com/business/2020-9-billion-needed-road-funding-report
RCEP offering Cambodia platform for structural transformation
The Regional Comprehensive Economic Partnership (RCEP) is offering the Kingdom an ideal platform for economic structural transformation, a study carried out by a leading economic research institute has found. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501381922/rcep-offering-cambodia-platform-for-structural-transformation/
Ministry institutes new permanent secretariat to prevent forest crimes
A forestry administration spokesman on Thursday said the Ministry of Agriculture, Forestry and Fisheries had recently created a new permanent secretariat to prevent all types of forestry crimes, with a particular focus on illegal rosewood trading. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/ministry-institutes-new-permanent-secretariat-prevent-forest-crimes
Better financial institutions needed for further development, economist says
For Cambodia to provide quality public services will require reform of its financial management system, an economist says. “Public financial management” is the balance of government revenue and expenditures, and it requires strong institutions to build public services like education, health and infrastructure, Heng Dyna, an ...
Ten Soksreinith
http://bit.ly/1CPht1e
Japanese Bank and Cambodian MFI Join Forces
Maruhan Japan Bank and Seilanithih microfinance institution announced this month they are forming a business alliance through which they will work together for mutual benefit and to provide banking opportunities for Cambodia “By joining forces with us, Seilanithih will be able to expand the size of ...
Palm farmers eye a sweet deal
Palm sugar producers in Kampong Speu province say they are ready to scale up and meet demand as global consumer goods giant Unilever looks to source palm sugar for its products from the Cambodian market. Prak Sereywath, president of the Cambodia Institute for Research and Rural ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/palm-farmers-eye-sweet-deal
Japanese Investment in Cambodia Grows, but Hurdles Remain
Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...
http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/
Study Finds Land Concessions of No Benefit
Government-issued economic land concessions are making the country’s indigenous communities in the northeast provinces worse off, according to a study by the Mekong Institute of Cambodia. Presented yesterday at the 2012 Development Research Forum in Phnom Penh, the study comes on top of mounting criticism of ...
Corruption? Not on foreign projects: PM
Prime Minister Hun Sen lashed out at unnamed critics yesterday, saying there was no corruption in large-scale development projects backed by foreign aid. “[For example] as for the Neak Leung bridge or Kizuna bridge Japan runs its bids in Tokyo. Therefore, only Japanese companies have the ...
http://www.phnompenhpost.com/2013011560783/National/corruption-not-on-foreign-projects-pm.html
Start-ups rely too much on self-funding
Cambodians tend to rely too heavily on self-funding or loans when starting businesses, experts say. In a bid to change that, an essay competition about business plans has been launched to give a platform for the winner to form business partnerships with those with capital. The ...
http://www.phnompenhpost.com/2013031561965/Business/start-ups-rely-too-much-on-self-funding.html