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
KOICA scholarships for Cambodian government officials tops 3000
The Korean International Cooperation Agency (KOICA) has sent over 3000 Cambodian officials employed in ministries and other government institutions to study Master’s Degree programs in South Korea since 1993, a KOICA senior official told Khmer Times. ...
Chea Vannak
http://www.khmertimeskh.com/news/15370/koica-scholarships-for-cambodian-government-officials-tops-3000-/
Trading Floor Silent Two Years After CSX Launch
It is almost two years to the day since Cambodia’s stock market launched in Phnom Penh in front of proud government officials, senior financiers and eager investors from across the region. Initial expectations were that a total of three state-owned firms would be listed within six ...
Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/business/trading-floor-silent-two-years-after-csx-launch-35211/
Moody's offers update on Kingdom's credit outlook
Improved fiscal management and preparation for a decline in foreign aid would help increase Cambodia’s credit rating, according to a quarterly credit opinion from Moody’s Investor Service, which maintained a stable outlook for the country. Reduced exposure to crisis and stagnation in Western economies, continued foreign ...
Protesters not happy with ministry’s offer
Some 200 villagers from Koh Kong province in a longstanding dispute with the Koh Kong Sugar Industry Co Ltd were prevented by the capital’s Daun Penh district authorities from protesting at the home of Prime Minister Hun Sen on Wednesday. On Monday, the Ministry of ...
Kong Meta
https://www.phnompenhpost.com/national/protesters-not-happy-ministrys-offer
Ethnic villagers reject Mega First cash offer
An ethnic community in Mondulkiri province has rejected a cash offer from a company that wants to clear thousands of hectares of forest locals claim as their own, saying they value the land more than money. ...
Sen David
http://www.phnompenhpost.com/national/ethnic-villagers-reject-mega-first-cash-offer
ANZ to offer online tax payment system
ANZ Royal customers will be able to make tax payments in local currency and in US dollars at all bank branches and online starting in April following the signing of a memorandum of understanding (MoU) with the Economy and Finance Ministry on Friday. ...
Sok Chan
http://www.khmertimeskh.com/news/35105/anz-to-offer-online-tax-payment-system/
Swedish aid agency offers funds for SMEs
Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/swedish-aid-agency-offers-funds-smes
Japan firms link up to offer leasing
Rent Japan Group Inc, a publicly listed Japanese company that specializes in the recycling and reuse of consumer products, will establish a joint venture with a Japanese financial services firm to launch a new leasing company in Cambodia, it said in a filing yesterday to ...
Kali Kotoski
http://www.phnompenhpost.com/business/japan-firms-link-offer-leasing
Project offers children education in remote areas
Plan International Cambodia has launched a three-year project to help young children living in remote and disadvantaged areas in Ratanakkiri and Stung Treng provinces receive education and health care services. ...
Ven Rathavong
http://www.khmertimeskh.com/5077520/project-offers-children-education-remote-areas/
UN envoy offers help with surrogacy laws
Visiting U.N. envoy Rhona Smith on Tuesday offered to help Cambodia draft its first laws on surrogacy, a ministry spokesman said. The special rapporteur on human rights in Cambodia, who arrived on Monday for a 10-day visit, met with Justice Minister Ang Vong Vathana to discuss ...
Khy Sovuthy
https://www.cambodiadaily.com/news/un-envoy-offers-help-surrogacy-laws-119167/
Thais ‘offer trains’ for new rail link
The Thai government has made a verbal commitment to supply four trains to Cambodia for a railway set to connect the neighbouring countries by early July, said Ly Borin, undersecretary of state at the Public Works and Transport Ministry and director of the Cambodia Railroad ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/thais-offer-trains-new-rail-link
Banks Look to Offer Services Using Renminbi
Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ...