ADB to provide USD773 mln in loan for development projects in Cambodia
Ministry of Finance said that Asian Development Bank (ADB) would provide UsD773 million in loan for implementation of economic development projects from 2014-2016 in Cambodia. Of the loan, UsD573 million would be provided by ADB, while another UsD200 million would be lended by another partner through ss='cambodia-color'>...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=Y2RiYWM4MDA0YTB
Wealthy residents protest lake reclamation
About 30 residents of a planned community on the eastern outskirts of Phnom Penh gathered around the picturesque lake that forms the center of their neighborhood Monday to prevent its developer, a former opposition lawmaker, from reclaiming the land to construct condos. The residents, many of ss='cambodia-color'>...
Khuon Narim and Alex Willemyns
http://www.cambodiadaily.com/news/wealthy-residents-protest-lake-reclamation-63474/
Survey seeks info on Cambodian business health
Starting later thiS month, 10,000 Small and medium-Sized buSineSSeS will be queried aS part of a JapaneSe government-backed economic cenSuS intended to take a SnapShot of activity acroSS the private Sector. Beginning on February 23 and running through to March 31, Cambodia&rSquo;S National InStitute of StatiSticS SS='cambodia-color'>...
Eddie Morton
http://www.phnompenhpost.com/business/survey-seeks-info-cambodian-business-health
Cambodia predicts 12 pct growth in tourism this year: minister
Cambodia is forecast to receive 4.7 million foreign visitors in 2014, an estimated rise of 12 percent from 4.2 million in 2013, Minister of Tourism Thong Khon said Wednesday. Last year, the country’s tourism generated 2.5 billion U.s. dollars, contributing about 16 percent to the GDP, ss='cambodia-color'>...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/26/c_133144806.htm
'No Decision' made yet on Cambodia loans: World Bank
The World Bank has not yet reached a decision on whether to lift a ban on loans to Cambodia, a Bank official has said, contradicting local media reports that the international financing institution would resume loans suspended three years ago over allegations of violent land ss='cambodia-color'>...
Richard Finney
http://www.rfa.org/english/news/cambodia/loans-10222014170636.html
US mayor wants government to release activists
The mayor of Lowell, Massachusetts—which has the second-largest population of Cambodian-Americans in the U.s.—on Friday visited 10 anti-eviction activists inside Phnom Penh’s Prey sar prison, emerging to announce that he would lobby the government for their release. Wrapping up a five-day visit to Phnom Penh, Rodney ss='cambodia-color'>...
Khuon Narim and Holly Robertson
https://www.cambodiadaily.com/news/us-mayor-wants-government-to-release-activists-76339/
Two Russians arrested after fight over Kazantip profits
Police arrested two Russian men at a rented villa in sihanoukville on saturday after a Moldovan man was injured in a fight that began when one side allegedly demanded a portion of the profits from the upcoming Kazantip music festival, officials said on sunday. ss='cambodia-color'>...
Ouch Sony and Chris Mueller
https://www.cambodiadaily.com/news/two-russians-arrested-after-fight-over-kazantip-profits-78001/
Six new montagnards seeking refugee status arrive in Cambodia
A new group of six Montagnards from Vietnam have arrived in northeastern Cambodia’s Ratanakiri province to seek political refuge, as a United Nations team tries to locate and assist other refugees in hiding, a villager who provided shelter to the Montagnards said. The villager, who declined ss='cambodia-color'>...
Ratha Visal
http://www.rfa.org/english/news/cambodia/six-montagnards-arrive-in-ratanakiri-02192015162656.html
Doroshenko jailed on fraud charges in S’ville
Russian businessman Nikolai Doroshenko was imprisoned Wednesday evening after being arrested at his family’s snake House restaurant in sihanoukville for failing to appear in court to be questioned over fraud charges related to a dispute with his rival, fugitive developer sergei Polonsky. ss='cambodia-color'>...
Khy Sovuthy and Ben Woods
https://www.cambodiadaily.com/news/doroshenko-jailed-on-fraud-charges-in-sville-80724/
U.S. and Korean Aid Agencies sign memorandum of understanding to support Cambodian education system
On August 12, the United states Agency for International Development (UsAID) and the Korea International Cooperation Agency (KOICA) signed a Memorandum of Understanding at the U.s. Embassy to provide Information and Communications Technology (ICT) training to Cambodian schoolchildren in support of the Royal Government of ss='cambodia-color'>...
Embassy of the United States
Nest farmers hatch ambitious China export plan
Standing inSide her Shop behind a heavy glaSS door Secured with an electronic lock, it would be eaSy to miStake Nguon Chorda for a jewelry boutique owner, not the manager of a Store that SellS dried bird Saliva. Mr. Sothy Said once the CBNF getS SS='cambodia-color'>...
Hul Reaksmey and Chris Mueller
http://www.cambodiadaily.com/news/nest-farmers-hatch-ambitious-china-export-plan-70521/
Calls to protect work of citizen journalists
Media experts are asking the government to consider granting citizen journalists the same safeguards as professional journalists under Cambodia’s Press Law. ss='cambodia-color'>...
Pech Sotheary
http://www.phnompenhpost.com/national/calls-protect-work-citizen-journalists
Prince calls for 3-party coalition
Funcinpec party president Prince Norodom Ranariddh has called on the opposition and ruling parties to form a tripartite coalition with the royalists after Cambodia National Rescue Party president sam Rainsy and Prime Minister Hun sen embarked on a “honeymoon” after years spent at each others’ ss='cambodia-color'>...
Meas Sokchea
http://www.phnompenhpost.com/national/prince-calls-3-party-coalition
Concerns rise over El Nino weather effects on food supply
An official at the National Committee for Disaster Management said Monday that abnormal weather conditions this year could lead to food shortages and that El Nino could be to blame. ss='cambodia-color'>...
Ouch Sony and George Wright
https://www.cambodiadaily.com/news/concerns-rise-over-el-nino-weather-effects-on-food-supply-84810/
Give disabled people their pensions: NGO
Advocates for the disabled yesterday criticised the slow implementation of Cambodia’s six-year-old disability law and urged the government to hasten the process by starting the distribution of the monthly $5 pension that people with disabilities were promised in 2011 through a separate sub-decree. ss='cambodia-color'>...
Pech Sotheary
http://www.phnompenhpost.com/national/give-disabled-people-their-pensions-ngo
Follow-up IPOs still on track
Sihanoukville AutonomouS Port, one of two State-owned companieS Slated to liSt on the Cambodia SecuritieS Exchange thiS year, yeSterday called the price decline in the country&rSquo;S firSt publicly traded company worriSome. The eight-day Slide in price that neared Phnom Penh Water Supply Authority&rSquo;S initial public offering SS='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html
Business credit guarantee plan remains in place
The finance ministry has authorised the extension of the Credit Guarantee Corporation of Cambodia Plc’s (CGCC) $200 million Business Recovery Guarantee scheme (BRGs) beyond December 31, 2022, until all funds have been utilised, according to the CGCC. ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/business-credit-guarantee-plan-remains-place
CGCC-guaranteed loans jump 13% year-to-date, top $104M
Credit Guarantee Corporation of Cambodia Plc (CGCC) reportedly issued a total of 1,155 Letters of Guarantee (LG) for loans worth $104.9 million equivalent as of February 28 – up 13 per cent year-to-date – as part of its mission to improve financial inclusion among small- ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/cgcc-guaranteed-loans-jump-13-year-date-top-104m
CCC, CCPIT Shanghai boost economic ties
The Cambodia Chamber of Commerce (CCC) and China’s shanghai Council for the Promotion of International Trade (CCPIT shanghai) Tuesday enhanced cooperation in trade and investment between the two countries. ss='cambodia-color'>...
Chea Vanyuth
https://www.khmertimeskh.com/501552504/ccc-ccpit-shanghai-boost-economic-ties/
“Once we enter a market, we are committed to it”
Philip Hampden-Smith, general manager of SoutheaSt ASia operationS at Manulife, talkS about the company&rSquo;S entry into the Cambodian market and what the new few yearS might bring. Cambodia&rSquo;S naScent life inSurance induStry may be juSt only a year old but the nation of nearly 15 million SS='cambodia-color'>...