MFIs defy typically slow first quarter
Total loans and deposits at the Kingdom’s microfinance institutions jumped in the first quarter of 2012 despite what is typically a slow season for the industry, insiders said yesterday. Loans outstanding reached US$708 million for the period ending on March 31, climbing 9.8 per cent from ...
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/
Push to transform bright female students into future gov’t leaders
As a child growing up in a poor family in Banteay Meanchey, Yang Leaphea struggled to imagine a world outside her province. She turned to her desperately under-resourced local library, but found few books there to expand her horizons. All that changed when the intelligent daughter ...
Holly Robertson
http://www.cambodiadaily.com/news/push-to-transform bright-female-students-into-future-govt-leaders-66806/
NBC survey shows riel perceptions
The central bank released its first-ever national study yesterday on perceptions and usage of the riel and foreign currencies in Cambodia, which aimed at not only understanding existing trends, but also at steering future financial legislation to boost the circulation of Cambodia’s national currency. ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/nbc-survey-shows-riel-perceptions
RAC: Consult institutions before coining new words
The president of the Royal Academy of Cambodia (RAC) Sok Touch asked all ministries and institutions to consult with the National Council of Khmer Language (NCKL) before creating a new word. Touch said the request was made to prevent mistakes and keep the public from ...
Niem Chheng
https://www.phnompenhpost.com/national/rac-consult-institutions-coining-new-words
CAMFEBA launches an ASEAN guidebook
The Cambodian Federation of Employers and Business Associations (CAMFEBA) yesterday launched an ASEAN Economic Community (AEC) guidebook aimed at providing employers with practical recommendations to help businesses better understand the dynamic regional changes of integration. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/camfeba-launches-asean-guidebook
More capital for factories
The government approved 103 factories with a combined investment of $660 million last year a big increase from the previous year’s 52 factories valued at $230 million, according to data from the Council for the Development of Cambodia. Industry representatives and economists said the sharp ...
http://www.phnompenhpost.com/2013031361912/Business/more-capital-for-plants.html
Informal lending still thriving
The expanding banking sector and the spread of microfinance institutions (MFIs) in rural areas have failed to elbow informal, unlicensed money lending out of the market, industry experts say. Fast and easy access to money – as well as the fear of “losing face” by borrowing ...
http://www.phnompenhpost.com/2013070266598/Business/informal-lending-still-thriving.html
Mobile phones could replace credit cards
Mobile money transfer service WING is preparing to launch a mobile wallet service later this year, and ACLEDA Unity is preparing to expand its own mobile services, enabling people to quickly pay for things just by touching their phone to a point-of-sale terminal. Near-field communications (NFC) ...
Press release on the Signing of Memorandum of Understanding (MoU) between the Ministry of Post and Telecommunications and Microsoft Asian Headquarters
On 17 March 2021, the Ministry of Post and Telecommunications issued a press release on the Signing of Memorandum of Understanding (MoU) between the Ministry of Post and Telecommunications and Microsoft Asian Headquarters which aims to promote the digital transformation through cooperation on technically human ...
Ministry of Post and telecommunications
Education minister promotes digital transformation
Minister of Education, Youth and Sport Hang Chuon Naron addressed an international conference on digital transformation in Cambodia. The conference aimed to raise awareness and seek input and contributions into the digital transformation of Cambodia, widely seen as necessary to ensure the Kingdom will remain competitive, ...
Ry Sochan
https://www.phnompenhpost.com/national/education-minister-promotes-digital-transformation
Model secondary schools embrace digital education
The Ministry of Education, Youth, and Sport has initiated a campaign to elevate the standard of model schools by implementing digital education for students in selected secondary schools in Phnom Penh. The initiative aims to enhance student achievement and is set to expand across the ...
Chea Sokny
https://www.phnompenhpost.com/national/model-secondary-schools-embrace-digital-education
The environmental web tool
Cambodia suffers from one of the highest rates of deforestation in the world, with an average of one percent of the country’s forest lost each year. But in an initiative funded by USAID Supporting Forests and Biodiversity (SFB), Winrock International hopes to help solve the problem ...
Safiya Charles
http://www.khmertimeskh.com/news/26177/the-environmental-web-tool/
RUPP Vietnamese Language Department to offer 3 courses
Minister of Education, Youth and Sports Hang Chuon Naron issued a proclamation on November 22, 2021, to establish the Institute of International Studies and Public Policy of RUPP where students can study in the Vietnamese Language Department and obtain a bachelor’s in Vietnamese studies, Vietnamese ...
Hang Punreay
https://www.khmertimeskh.com/501133204/rupp-vietnamese-language-department-to-offer-3-courses/
Opportunity of AI and E-governance to advance the right to access information discussed
Cambodian experts, academia, government, civil society, private sector and youth discussed how AI and e-Government interact with the right to Access Information, in a recent seminar organised by UNECO and the Cambodia Academy of Digital Technology (CADT). ...
Khmer Times Staff
https://www.khmertimeskh.com/501170980/opportunity-of-ai-and-e-governance-to-advance-the-right-to-access-information-discussed/
Inflation dips in November
The Kingdom’s inflation rate fell month-on-month in November for the first time all year, dropping 0.7 per cent from October, according to National Institute of Statistics data. However, year-on-year inflation in November increased 5.7 per cent, the NIS reported. “We see that we got a bigger supply ...
http://www.phnompenhpost.com/index.php/2011122653610/Business/inflation-dips-in-november.html
Banks covering their assets
Cambodian financial institutions surveyed yesterday said they were in compliance with the central bank’s revised liquidity coverage ratio (LCR) requirements as the deadline passed to increase their cash and highly liquid assets to weather any internal or external shocks. ...
Kali Kotoski
http://www.phnompenhpost.com/business/banks-covering-their-assets
Prasac inaugurates new HQ in Phnom Penh
Officials expressed optimism that micrOfinance institution Prasac would be able to attract more deposit placing clients, after the inauguration Of its new headquarters in Phnom Penh’s Boeung Tompun district yesterday. Representatives from the National Bank Of Cambodia and Prasac expect the new 10-storey building to enhance ...
http://www.phnompenhpost.com/Business/prassacs-new-hq-inaugurated.html
Activists call for transparency at Buddhist Institute
The activist Independent Monk Network has called on the Ministry of Cult and Religion to release paperwork proving that an agreement it struck with NagaCorp to help construct an electricity substation at Phnom Penh’s Buddhist Institute does not involve the selling of any of the ...
Mom Kunthear
http://www.phnompenhpost.com/national/activists-call-transparency-buddhist-institute
Minister highlights tech’s role in growth
Minister of Education, Youth and Sport Hang Chuon Naron highlights the crucial role of science, technology and innovation in promoting people’s well-being, as well as development and sustainable economic growth. ...
Kim Yutharo
https://www.phnompenhpost.com/national/minister-highlights-tech-s-role-in-growth