Donors Mum On Aid Forum Postponement
Cambodia’s foreign donors are staying largely mum about the government’s decision to indefinitely high-level aid meeting, though one donor conceded that the move had caught it off guard. Economists also said yesterday that a delay in holding the donor meeting would have little effect, but ...
Cambodia says LDCs need more time for service industries
Cambodia is aiming to persuade all of the World Trade Organization’s (WTO) least developed country members to propose a further suspension of the opening of their service sectors to the WTO’s rich members as the 2013 deadline for the proposal draws nearer. The least developed countries ...
Cambodia’s Beauty Industry Blossoming
The beauty business in the Kingdom is growing rapidly as incomes are rising and the middle-class is growing, industry insiders told the Post yesterday. In the first three months of this year, the Kingdom imported cosmetic products worth $9.9 million, an increase of 130 per cent ...
http://www.phnompenhpost.com/2013051665644/Business/cambodia-s-beauty-industry-blossoming.html
Thai princess funds the construction of two technology institutes in Cambodia
Thai Princess Maha Chakri Sirindhorn, a daughter of King Bhumibol Adulyadej of Thailand, has granted funds to build two institutes of technology in Kampong Thom and Kampong Speu provinces in order to provide technical education and training to poor Cambodian students. ...
Chea Vannak
http://www.khmertimeskh.com/news/16460/thai-princess-funds-the-construction-of-two-technology-institutes-in-cambodia/
Germany's finance firm lends 10 mln USD to Cambodian microfinance institution
German Investment and Development Corporation (DEG) on Thursday signed to lend 10 million U.S. dollars to a leading Cambodian microfinance institution Hattha Kaksekar. The loan deal was inked here between Herbert Jaeger, Vice President of DEG Representative Office in Bangkok, and Hout Ieng Tong, President and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/09/c_133032485.htm
More than 2,000 diplomas to be handed out by PM
Prime Minister Hun Sen is scheduled to preside over the handing out of diplomas to more than 2,000 students graduating from the Royal School of Administration. ...
Khmer Times Staff
https://www.khmertimeskh.com/501093197/more-than-2000-diplomas-to-be-handed-out-by-pm/
Fashionistas Plan Extravanganza in Cambodia
2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...
Mikasa's Koh Rong factory Sees it join Japanese influx
Mikasa Corporation, a famous Japanese sports goods manufacturing company, is to invest more than $5 million in building a ball production factory in Cambodia’s Koh Kong Special Economic Zone (KKSEZ) and plans to start construction early next year according to officials. Hiroshi Suzuki, chief executive ...
Hun Sen Warns of Labor Shortage, Praises Japanese Investment
Cambodia is facing a grave labor shortage due to the large number of workers seeking jobs in Thailand, Prime Minister Hun Sen said yesterday, urging employers to help reduce illegal migration by improving working conditions at home. Mr. Hun Sen also applauded growing Japanese investment in ...
Big opposition gains
The ruling Cambodian People’s Party saw its ironclad grip on the National Assembly weaken dramatically, dropping 22 seats in winning 68 of 123, with the opposition the beneficiary and the CPP’s royalist coalition partners winning none at all in an election rife with alleged irregularities. Though ...
Failed students weigh future
As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...
Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future
Exports Rise, but Value of Goods Remains Weak
Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...
Cambodia needs about US$ 200 million annually for climate change adaptations
According to the Copenhagen Accord hosted in Denmark, developed countries had to provide US$ 30 billion for 2009-2012 to kick start emissions reduction measures for the less-developed countries and promised to offer US$ 100 billion for long term finance a year by 2020. “Cambodia needs approximately ...
ADB offers $15m loan for financial-sector growth
Cambodia and the Asian Development Bank have signed their latest loan agreement of US$15 million for the development of the Kingdom’s financial sector, according to ADB. The money would be used for a number of development programs, including the improvement of regulatory regimes, creation of an ...
US Embassy Offered Praise for Court Verdicts, Cables Show
The conviction of a school teacher who abused an 11 year old girl was hailed by the US Embassy in Phnom Penh last year, it has been revealed by WikiLeaks. The diplomatic cables that were released speak of the support the US has for an ...
Apsara Authority warns of online posts illegally offering land
The Apsara Authority yesterday warned that it will take legal action against Facebook users who advertise land for sale located in the Angkor Archaeological Park. Apsara Authority spokesman Long Kosal said some Facebook account owners have advertised land for sale at the site which is ...
Pech Sotheary
https://www.khmertimeskh.com/50617075/apsara-authority-warns-of-online-posts-illegally-offering-land/
US offers $9M to boost public accountability NGOs
A $9 million grant to promote government accountability in Cambodia and strengthen nongovernmental groups across the country was announced on Tuesday by the U.S. Agency for International Development (USAID). ...
Janelle Retka
https://www.cambodiadaily.com/brief/us-offers-9m-to-boost-public-accountability-ngos-115386/
Prince Ranarridh offers support of government’s border policies
Prince Norodom Ranarridh, leader of the royalist party Funcinpec, says he has offered support to Prime Minister Hun Sen, to verify Cambodia’s maps in its demarcation discussions over the Vietnam border. ...
Hul Reaksmey
http://www.voacambodia.com/content/prince-ranarridh-offers-support-of-government-border-policies/2959993.html
IFC offers Acleda Bank $50M for SME lending
The International Finance Corporation (IFC) will provide a $50 million syndicated loan to Acleda Bank to boost lending to small and medium enterprises, of which at least half will support women-owned enterprises, it said yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/ifc-offers-acleda-bank-50m-sme-lending
As deadline passes, Borei Keila residents reject final offer
A deadline for a group of Borei Keila residents to accept compensation or leave their homes with nothing passed on Friday, with none of the residents agreeing to move to a resettlement site, and authorities saying they have no right to remain, but with no ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/deadline-passes-borei-keila-residents-reject-final-offer