responsAbility Invests $13.5m in Microfinance Institutions (MFIs) VisionFund Cambodia, Equity Bank of Kenya
responsAbility Social Investments AG, a Swiss for-profit company that operates four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has invested USD 13.5 million in microfinance institutions (MFIs) Equity Bank of Kenya and VisionFund Cambodia. The investments have been made through three MIVs: ...
Seven more financial institutions join CGCC
Seven financial institutions (FI) on June 29 signed a credit guarantee agreement with government-owned Credit Guarantee Corporation of Cambodia (CGCC) to provide more business loans in an effort to contribute to economic activities amid the ongoing Covid-19 health crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/seven-more-financial-institutions-join-cgcc
Hun Sen offers ultimatum for CNRP officials: defect or risk a five-year ban
Prime Minister Hun Sen threatened yesterday to impose a five-year ban on more than 100 unnamed senior CNRP officials, seemingly under a controversial provision of the Law on Political Parties, while insisting that the main opposition party will indeed be dissolved this month by the ...
Niem Chheng, Ben Sokhean and Ananth Baliga
http://www.phnompenhpost.com/national/hun-sen-offers-ultimatum-cnrp-officials-defect-or-risk-five-year-ban
MISTI’s STEM guidebook for students choosing higher education degrees
THE Ministry of Industry, Science, Technology and Innovation (MISTI) provides a free PDF Science, Technology and Innovation guidebook to students looking to choose a higher education degree involving science, technology, engineering and mathematics (STEM) in Cambodia. ...
Hang Punreay
https://www.khmertimeskh.com/501346587/mistis-stem-guidebook-for-students-choosing-higher-education-degrees/
72.33% of students pass national exams
A total of 72.33 percent of students have passed their high school diploma, with students in Phnom Penh and Kandal receiving their results today while pupils in remaining provinces have to wait until tomorrow. ...
Meas Molika
https://kiripost.com/stories/7233-of-students-pass-national-exams
Ministry asks candidates to believe Bac II results
The Ministry of Education asked candidates who sat for the Higher Secondary Diploma or Bac II on November 6 to have confidence in how the Ministry grades the exam. ...
Hang Punreay
https://www.khmertimeskh.com/501395418/ministry-asks-candidates-to-believe-bac-ii-results/
Grade A students reach record, set to meet PM
Prime Minister Hun Sen will meet with the talented students who received a Grade A in the recent high school diploma exams – also known as baccalaureate II, or Bacc II’ – in an event to be held in Phnom Penh on February 28. ...
Voun Dara
https://www.phnompenhpost.com/national/grade-students-reach-record-set-meet-pm
Minister of Posts and Telecommunications encourages passing BAC II students to learn digital technology skills
Chea Vandeth, the Minister of Posts and Telecommunications, has issued a letter urging students to pass the high school diploma exam to acquire digital technology skills. ...
Khmer Times Staff
https://www.khmertimeskh.com/501390300/minister-of-posts-and-telecommunications-encourages-passing-bac-ii-students-to-learn-digital-technology-skills/
Cambodia's tax revenue totals $683 million
The Cambodian government collected $683 million in taxes over the first 11 months of this year, according to data from the General Department of Taxation released last week. An economist said the increase in domestic tax revenue emphasised that Cambodia still has room for improvement in ...
http://www.phnompenhpost.com/index.php/2012121160203/Business/tax-revenue-totals-683-million.html
Should Minimum Wage Be Market Driven or Government-Dictated?
Manufacturers and unions aligned with the ruling CPP yesterday said the current labor shortage inside the garment industry would act as an incentive for employers to increase salaries, and that there was no need for the government to impose a new minimum wage. During a meeting ...
Cambodia predicts 7.6 percent GDP growth in 2013
Cambodia’s economy would grow by 7.6 percent this year, driven by garment exports, agriculture, tourism and construction, according to a preliminary prediction by the Ministry of Economy and Finance on Wednesday. The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and ...
http://news.xinhuanet.com/english/business/2013-07/24/c_132570724.htm
Mobile Banking Services On A Rise
F1soft Company, a software service provider that makes banking transactions available via phone, had commenced operations in Cambodia, company officials said yesterday during a workshop. Sean Thorninn, a lecturer in economics at the Limkokwing University and expert in Cambodia’s landscape of microfinance institutions (MFI), told ...
http://www.phnompenhpost.com/2013050765437/Business/mobile-banking-services-on-a-rise.html
Fears over new bank note
The new 100,000 riel banknote depicting the late King Father Norodom Sihanouk is not just a pretty historical token. It will also help inject much needed cash into the economy, according to the National Bank of Cambodia. Although take-up will occur as older banknotes of other ...
http://www.phnompenhpost.com/2013051465591/Business/fears-over-new-bank-note.html
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/
Cambodian PM says not to appoint capable children in posts
Cambodian Prime Minister Hun Sen said Wednesday that he could not appoint his children in the cabinet posts even though they were qualified. “I have five children and five children-in-law. All of them have possessed degrees ranging from bachelor’s degrees to doctorate’s degrees, but I cannot ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/06/c_133536466.htm
Foreign investment brings Cambodia growth, new issues
Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...
Med students furious over coming fee hike
Medical students are up in arms about a tuition hike that would double costs and prevent some from gaining their degree, they told the Post yesterday. The University of Health Sciences announced Friday that students wishing to pursue a specialty beyond the general medical degree would ...
Chhay Channyda
http://phnompenhpost.com/national/med-students-furious-over-coming-fee-hike
SERC combat illegal investment schemes
The Securities Exchange Regulator of Cambodia (SERC) is actively seeking collaboration with relevant ministries and institutions to combat the illicit collection of public funds by unauthorised investors offering high returns. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-combat-illegal-investment-schemes
New Zealand offers $3.8m in mine clearance
The government of New Zealand has provided about $3.8 million in aid to support mine clearance projects in Cambodia. ...
Pech Sotheary
https://www.khmertimeskh.com/50736524/new-zealand-offers-3-8m-in-mine-clearance/
KOICA to offer online course on Cambodia court administration improvement
The Korea International Cooperation Agency (KOICA) Cambodia office will organise an online training programme on “Cambodia Court Administration Improvement (Cambodia)” from Sept. 6 to 17, said a KOICA’s press release AKP received this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/50927016/koica-to-offer-online-course-on-cambodia-court-administration-improvement/