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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

Fake call leads to wild goose chase

On Saturday, Banteay Meanchey border police received a desperate call. More than 80 Cambodian migrants, including women and children, were locked in a house in Thailand. They were being starved and abused. Two boys, begging their captors for food, were kicked to death. So said the ...

Khouth Sophak Chakrya and Laignee Barron
http://phnompenhpost.com/national/fake-call-leads-wild-goose-chase

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

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

Smart, ministries offer scholarships

Smart Axiata in collaboration with the ministries of Education, Youth and Sport (MoEYS), and Posts and Telecommunication (MPTC), signed a three-year Memorandum of Understanding (MoU) on Tuesday to “develop future talents and digital corporate leaders”. As part of this, 20 scholarships will be offered to ...

Voun Dara
https://www.phnompenhpost.com/national/smart-ministries-offer-scholarships

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

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/

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

Huawei to Build 4G Phone Network for Chinese Firm

Chinese Telecommunications giant Huawei has signed a deal to install thousands of transmitters across Cambodia to create a new high-speed mobile telephone and Internet network, according to a statement received yesterday. Huawei Technologies (Cambodia) Co. Ltd. and Xinwei (Cambodia) Telecom Co. Ltd. – a local subsidiary ...

http://www.cambodiadaily.com

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 ...

http://www.camnet.com.kh/cambodia.daily/

Migrants’ kids at risk: CDRI

Fuelled by poverty and debt, more than a quarter of Cambodian adults migrate, and, in the process, many are leaving behind their children, a new report finds. Part of a four-year research project on child labour, the Cambodian Independent Research Institute’s The Impacts of Adult Migration ...

Laignee Barron and Cheang Sokha
http://phnompenhpost.com/national/migrants%E2%80%99-kids-risk-cdri

Atmospheric hole discovered

Scientists have discovered a new phenomenon in the skies above Southeast Asia: a huge, invisible hole in the atmosphere’s lowest layer that may exacerbate the effects of Cambodia’s climate change. The hole – roughly twice the length of New Zealand and concentrated just east of the ...

Laignee Barron
http://www.phnompenhpost.com/national/atmospheric-hole-discovered

Delinquent loan rate continues to rise

The rate of microfinance loans with overdue payments nearly doubled last year according to the National Bank of Cambodia (NBC), though it remained within a normal range and was coupled with a rise in deposits. ...

Hor Kimsay
http://www.phnompenhpost.com/business/delinquent-loan-rate-continues-rise

Cambodia's inflation rate fell to 3 per cent in 2012

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...

http://www.phnompenhpost.com/2013020761219/Business/cambodia-s-inflation-rate-fell-to-3-per-cent-in-2012.html

Program eyes NGO aspirants

The Royal University of Phnom Penh plans to make its social work degree available to everyone next year, as young, locally trained graduates look to take the reins from foreign aid workers. RUPP Department of Social Work Faculty member Ung Kimkanika said the move would ...

Shaun Turton
http://www.phnompenhpost.com/national/program-eyes-ngo-aspirants

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