Groups want US help in improving transparency in extractive industries
Anti-corruption advocates say they want the US government to help them push for transparency in the extractive industries, as ongoing mining continues to disrupt the lives of many Cambodians. At least 120 companies, most of them Chinese, have obtained mining licenses in the last decade, as ...
Farmers weigh up US technology
US and Cambodian governments have presented a united front calling for the country’s agriculture industry to diversify, modernise and commercialise. US ambassador William E Todd and the Cambodia’s Deputy Prime Minister and Chairman of the Council for Agricultural and Rural Development Yim Chhay Ly led an ...
Chan Muy Hong and Eddie Morton
http://www.phnompenhpost.com/business/farmers-weigh-us-technology
New teachers for KR classes
The US Institute of Peace on Wednesday announced the completion of a program – conducted by the Documentation Center of Cambodia (DC-Cam) – to train an additional 600 educators to teach Khmer Rouge history in the Kingdom’s secondary schools. ...
Rebecca Moss
http://www.phnompenhpost.com/national/new-teachers-kr-classes
Singaporean and Cambodian leaders collaborate at Summit to Support National Vision 2050
The Sequoia Group, in collaboration with the Asian Vision Institute, Angkor Social Innovation Park (ASIP), Sustainability Institute, and Singapore Chamber of Commerce Cambodia (SCC), has announced the upcoming Leadership for Good Summit Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501386754/singaporean-and-cambodian-leaders-collaborate-at-summit-to-support-national-vision-2050/
Robust Recovery Continues
Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...
http://www.phnompenhpost.com/2013061066160/Business/robust-recovery-continues.html
Cambodia's state-Owned telecom firm gets new chief, vowing to improve business operations, revenues
Newly-Appointed Director General of the state-owned Telecom Cambodia (TC) Kim Vikra vowed Monday to enhance the enterprise’s governance in order to improve business operations and revenues. “I am committed to working with all colleagues in order to lead the enterprise to progress,”he said at his official ...
http://news.xinhuanet.com/english/world/2013-03/18/c_132243178.htm
PM announces new airport in Siem Reap
Prime Minister Hun Sen said yesterday that Siem Reap is in need of a new airport to tackle the rising number of visitors to the area.Last week Cambodia reached an $880-million agreement with China’s Yunnan Investment Holding Ltd which allows the state-owned company to manage ...
Chea Vannak
http://www.khmertimeskh.com/5084356/pm-announces-new-airport-siem-reap/
Hot Breakfast Program Helps Students
Tuesday morning, not long after dawn, a line of students formed outside En Komar Primary School, in Kampong Thom province. Students were waiting to receive breakfast from their teachers. The breakfasts are part of a World Food Program initiative that aims to feed 3.5 million students ...
Khoun Theara
http://www.voacambodia.com/content/hot-breakfast-program-helps-students/1933562.html
City hall to add 5,000 signs to cut accident rate
Phnom Penh City Hall started installing 5,000 new road safety signs around the capital on Monday in an attempt to reduce accidents, according to officials. Phnom Penh Governor Pa Socheatevong took to Facebook yesterday, writing that a total of 615 signs had been installed along Norodom, ...
Mom Kunthear
http://www.khmertimeskh.com/news/26897/city-hall-to-add-5-000-signs-to-cut-accident-rate/
Prime Minister announces closure of casinos from April 1 and will hold meeting tomorrow to review the law that put country in emergency state
This morning, Prime Minister Hun Sen announced the closure of the casino, which will be implemented from April 1. He also announced that a meeting will be held on Tuesday to review the law that put the country in emergency state. ...
Niem Chheng
https://bit.ly/2UrrKAV
US broker partners with Korea's Tongyang Securities in Cambodia
US-based broker Decker and Co has announced a partnership with the Cambodian unit of South Korea’s Tongyang Securities Inc, one of only seven underwriters licensed by the Cambodia Securities Exchange. In a statement late Tuesday, Decker said partnerships with Tong Yang in Cambodia and BPI Securities ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjM5ZDFmOTBkOTM
PAL looks to operate direct flight to Cambodia
Philippine Airlines (PAL) plans to enter Cambodian skies for the first time with the launch of a direct flight from Manila, aviation officials said yesterday, though whether the airline will serve Phnom Penh or Siem Reap has yet to be decided. ...
Cam McGrath
http://www.phnompenhpost.com/business/pal-looks-operate-direct-flight-cambodia
Airport audits end with positive hopes
Three officials from the United Nations’ International Civil Aviation Organization (ICAO) finished 10-day security audits at two of Cambodia’s three international airports late last week leaving officials hopeful of a positive outcome. ICAO’s security audit team wrapped up its work at Phnom Penh International Airport and ...
Chea Vannak
http://www.khmertimeskh.com/news/31471/airport-audits-end-with-positive-hopes/
Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5%
Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5% Bi-lateral trade volume between Cambodia and the United States had jumped to US$1.39-B in 1-H of this year, a 4.5% rise compared with US$1.33-B at the same period last year, according to the statistics of the ...
http://www.livetradingnews.com/cambodias-trade-with-us-reaches-us1-39-b-in-1-h-4-5-83222.htm
Cambodia records 1.26 million air passengers in Q1
Cambodia reported 1.26 million air travelers during the first quarter of 2023, up 549 percent from only 195,000 passengers over the same period last year, said the State Secretariat of Civil Aviation’s report released on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501276387/cambodia-records-1-26-million-air-passengers-in-q1/
Hun Sen sells ‘win-win policy’ to students
Following an appeal by Prime Minister Hun Sen for the country’s youth to better understand his self-titled “win-win policy,” which he credits for ending the civil war and peacefully reintegrating the Khmer Rouge, the premier Monday delivered an hourlong lecture on the topic to about ...
Khuon Narim
https://www.cambodiadaily.com/news/hun-sen-sells-win-win-policy-to-students-85625/
Japanese firm plans Cambodian fund for later this year
Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...
Prasac borrows $1.5m from German company
Assets of Cambodian Microfinance Institution Prasac reached US$210 million with the combination of newly borrowed $15 million from Germany’s Deg-Deutsche Investitions Und Entwicklungsellschaft Mbh (DEG), officials said during the signing ceremony. The seven-year agreement at an annual interest rate of 5.5 per cent would help Prasac ...
Advanced Bank of Asia loans MFI $2m
The Advanced Bank of Asia (ABA) last week loaned PRASAC Microfinance Institution US$2 million to support the rapid growth of the microfinance loan industry. The domestic loan was chosen to “diversify our funding sources” because of a large reliance on overseas capital which moves many of the jobs created ...
Domestic airports converted for public use
Prime Minister Hun Sen transferred control of some of the Kingdom’s domestic airports to local government authorities for public use during a cabinet meeting last Friday. “We handed over airfields to provincial authorities to manage and use for state or public interest,” Mr. Hun Sen said. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/30210/domestic-airports-converted-for-public-use/