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
'Gender Cafe' Offers Women a Place to Express Themselves
Busy juggling jobs, children, and housework, Cambodian women do not have the time, or platforms, to discuss bigger women-related issues like abuse, migration and forced eviction. And that is why a new initiative, called “Gender Cafe,” aims to change that by giving local women a ...
China offers Cambodia $53 mln to develop water resources
Chinese Premier Wen Jiabao pledged RMB 329 million ($53 million) in assistance to Cambodia on Sunday during a meeting with Prime Minister Hun Sen, a Cambodian official said. Ieng Sophalet, an assistant to Hun Sen, told reporters that the grant would be used for water resource ...
Hun Sen Offers ‘Back Pay’ to Ousted Opposition Lawmakers
Prime Minister Hun Sen has offered to pay back the lost salaries of opposition lawmakers who were stripped of their parliamentary posts in June by the then CPP-led National Assembly, a CNRP official said. The offer to back-pay the 27 lawmakers from the Sam Rainsy Party ...
Colin Meyn
http://www.cambodiadaily.com/elections/hun-sen-offers-back-pay-to-ousted-opposition-lawmakers-42679/
Land dispute families turn down offer of new apartments
Three families involved in a bitter land dispute with a powerful land developer in Phnom Penh’s Tuol Kok district on Monday rejected City Hall’s offer of new housing, saying the apartments being offered were far too small. They also said they planned to file a complaint ...
Sek Odom
http://www.cambodiadaily.com/news/land-dispute-families-turn-down-offer-of-new-apartments-54868/
Judge’s past offers little hope for real reform
In the highest-profile sacking since Prime Minister Hun Sen promised to rid the government of corruption after the CPP’s shock losses in the July 2013 election, the Phnom Penh Municipal Court’s chief judge was removed this week amid claims that millions of dollars had reversed ...
Alex Willemyns and Khy Sovuthy
https://www.cambodiadaily.com/news/judges-past-offers-little-hope-for-real-reform-78371/
Welfare plan full of goals, short on details
Cash transfers to the poor and public works programs for the unemployed are spelled out in a new five-year plan the government launched yesterday in a bid to expand the country’s threadbare social welfare programs. Though full of ambitious targets and budgets, the ‘National Social Protection ...
Japanese capital flooding in to Cambodia
Total Japanese investment in Cambodia under the Kingdom’s qualified investment project (QIP) scheme surged tenfold during the first half of the year, driven by Japan’s improved economy and a hefty capital injection by one of its biggest retail giants. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-capital-flooding-cambodia
Job fair attracts a big crowd
Officials confirmed there were more than 20,000 participants at the job fair on Saturday organised by the National Employment Agency of the Ministry of Labour and Vocational Training, which was held in an effort to educate job seekers about current opportunities. Sokkhon David, acting director of information ...
http://www.phnompenhpost.com/index.php/2012110559560/Business/job-fair-attracts-a-big-crowd.html
Tourism Sector Faces Dearth of Skilled Labor
With the number of tourists visiting the country increasing rapidly, hotels are coming under strain due to lack of skilled chefs and waiters in the industry, according to hotel managers. In the first six months of 2012, international visitors reached 1.75 million, a 26.8 percent ...
Investors from Korea relocate to Cambodia
Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...
http://www.phnompenhpost.com/2013020761220/Business/investors-from-korea-relocate-to-cambodia.html
Japan to provide Cambodia with nearly 34 mln USD grant aid
Cambodia will sign to receive 33.9 million U.S. dollars in grant aid from Japan for three projects in small hydropower dams, healthcare and education, according to a news release from Cambodia’s foreign ministry on Monday. ...
Putting parking reform in gear
With civil society, the opposition and even the ruling party talking more and more about the subject of electoral and judicial reforms in the wake of July’s contested national elections, some groups yesterday gathered to call for reforms in a more modest sector – parking ...
Chhay Channyda
http://www.phnompenhpost.com/national/putting-parking-reform-gear
Banking summit set to offer students thousands of jobs
The Banking Jobs and Skills Summit 2023 is set to take place from September 29-30 at the National University of Management (NUM), featuring around 20 financial institutions and offering thousands of job opportunities to students. ...
Van Socheata
https://www.phnompenhpost.com/national/banking-summit-set-offer-students-thousands-jobs