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/
ODA Projects Signed with Japan
Agreements for two Japanese official development assistance (ODA) projects for Cambodia were recently signed at two separate ceremonies One ODA project amounts to US $53.3 million loan for the West Tonle Sap Irrigation and Drainage Rehabilitation and Improvement Project. The other project involves a US $700,000 ...
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
Software licenses debated
Open source software is an important way forward and a useful impetus for development in Cambodia, according to attendees of the Kingdom’s first software conference this weekend. The conference, which centred on TYPO3, an open source content management system (CMS), was held this past weekend ...
MFI survey claims debtor success
A survey by Cambodian microfinancers showed debtors were better off in several respects than those who didn’t borrow from the institutions, MFI officials claimed. Responding to recent concerns over the role of microfinance institutions in creating poverty and loss of property in the Kingdom, the Cambodia ...
Riel fund transfers to expand under FAST system
Two weeks since the central bank launched its FAST system, which provides instant riel-denominated fund transfers between banking institutions, operations are running smoothly, with usage of the new electronic payment system expected to pick up as it integrates more customers. ...
Kali Kotoski
http://www.phnompenhpost.com/business/riel-fund-transfers-expand-under-fast-system
Woori ruled out of Prasac bid
South Korean financial giant Woori Bank, widely seen as the preferred bidder for a 50 per cent stake in Cambodian microlender Prasac, is out of the running as it was not presented to the central bank as an official bidder, local banking officials have said. ...
Hor Kimsay
http://www.phnompenhpost.com/business/woori-ruled-out-prasac-bid
Inmate died after hours without aid, prisoners say
A 41-year-old prisoner died of a heart attack in Prey Sar prison’s Correctional Center 1 on February 15, but only after he spent more than two hours stuck in his overcrowded cell waiting for medical treatment, his fellow prisoners allege. CC1 administrator Khuth Vuthy, who confirmed ...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/inmate-died-after-hours-without-aid-prisoners-say
Hope for freedom of information?
Representatives from civil society and the opposition gathered yesterday to push for the adoption of an access to information law – a move that comes less than a month after Prime Minister Hun Sen urged the Ministry of Information to hasten its development. Two laws dealing ...
Chhay Channyda
http://www.phnompenhpost.com/national/hope-freedom-information
Regional ‘think tank’ launched to advise on China Mekong initiative
The Global Center for Mekong Studies (GCMS) comprises six leading regional “think tanks”: the China Institute for International Studies (CIIS); the Cambodian Institute for Cooperation and Peace (CICP); the Diplomatic Academy of Vietnam (DAV); the Laos Institute of Foreign Affairs (IFA); the Myanmar Institute of ...
Aun Chhengpor
https://www.voacambodia.com/a/regional-think-tank-launched-to-advise-on-china-mekong-initiative/4050041.html
COVID-19 pandemic accelerates digital transformation in Cambodia
Cambodian Prime Minister Hun Sen said here on Wednesday that the COVID-19 pandemic in the last two years has sped up digital transformation in the Southeast Asian country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501134329/covid-19-pandemic-accelerates-digital-transformation-in-cambodia/
Digital education network growing
The government has announced its intention to establish a nationwide digital network, known as Educational Broadcasting Cambodia (EBC). ...
Samban Chandara
https://www.phnompenhpost.com/national/digital-education-network-growing
Iron fist to eliminate ghost staff in the government institutions
The head of Anti-Corruption Unit (ACU), Oum Yingtieng, has officially announced their mission to catch “Corruption Ghosts” that has been lurking and sucking the government’s blood relentlessly. Prior to the campaign, Tieng puts forth a notice to all state institutions that they have 3 months to ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=OWE1N2JjY2U5OWE
Tour guides voice concern over app that will offer audio tours
Tour guides at the Kingdom’s historical sites are voicing concern over an audio tour app they said is threatening their careers. Developed by local company Angkor Audio, the app provides spoken tours in 14 languages. ...
Hin Pisei
https://www.phnompenhpost.com/business/tour-guides-voice-concern-over-app-will-offer-audio-tours
New digital literacy program to benefit thousands of students
Thousands of students across the country are set to benefit from Khmer Digital Literacy Program, a new digital literacy program, to be launched in Cambodia next month. ...
Adur Pradeep
https://www.khmertimeskh.com/501260592/new-digital-literacy-program-to-benefit-thousands-of-students/
US offers tips for cybercrime team
Cambodian police, prosecutors and policymakers were hosted in Washington recently by the US government, as part of America’s efforts to support the drafting of the Kingdom’s controversial cybercrime law. ...
Bun Sengkong
http://www.phnompenhpost.com/national/us-offers-tips-cybercrime-team
Cambodian traders urged to attend upcoming Macau Exhibition
Ministry of Commerce appealed to the Cambodian traders to join the upcoming Macau International Exhibition to promote their products and find business partners. The appeal was made following the Macau Trade and Investment Promotion Institute (IPIM), which announced that it would hold 2014 Macau International Environmental ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=Mjc0YjA2Nzk3NjU