Acleda, PPCBank granted listing eligibility
Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility
Major Gap Emerging Between Labor Market and Job Seekers
PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...
Malaysian Insurance Institute signs agreement with Cambodia Insurance Ass’n.
The Malaysian Insurance Institute (MII) and the Insurance Association of Cambodia (IAC) have signed a Memorandum of Understanding (MoU) for “a bilateral collaboration to forge a beneficial business relationship to further enhance insurance knowledge and skills development for the insurance industry in Cambodia,” said a ...
Insurance Journal News Staff
http://www.insurancejournal.com/news/international/2014/03/03/321950.htm
Basic Concerns Remain Priority in Rural Areas
Roads, bridges, schools, sanitation and other forms of basic infrastructure are still top priorities for many rural citizens of Cambodia. Comfrel has done a study of issues that voters are concerned with and found that infrastructure is a key area. Traditionally the rural areas have ...
Credit Bureau targets students with workshops
Hoping to increase university students’ knowledge of Cambodia’s credit reporting system, the Credit Bureau of Cambodia (CBC) on Tuesday launched a series of workshops in Phnom Penh aimed at boosting financial literacy. ...
Kang Sothear
https://www.cambodiadaily.com/business/credit-bureau-targets-students-with-workshops-95981/
Australian plan to send refugees to Cambodia short-sighted: report
Australia’s plan to resettle refugees in Cambodia may be a win-win opportunity for the two countries but is also short-sighted, according to the Washington-based Center for Strategic and International Studies. In a commentary posted Tuesday, the center’s Asian program said Australian prime minister Tony Abbott was ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=N2I3MzhiYTk2YWU
Dry season rice crop jeopardized
The Center for Study and Development of Agriculture (Cedac) is calling on the government and microfinance firms to issue low-interest loans for flood-stricken farmers in order to save this year’s dry season rice harvest. Floods have destroyed 10 percent of the rainy season rice crop and ...
Gov’t launches revenue strategy
The government launched the Revenue Mobilisation Strategy 2019-2023 on Thursday. The 77-page book details key strategies such as modernisation of the General Department of Taxation’s (GDT) fiscal revenue system in response to the increasing demand for service quality, social equity guarantee and sustainability of revenue ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-launches-revenue-strategy
Fear hinders independent journalism in Cambodia, survey finds
Fear of government interference, legal repercussions and violence remain impediments to free and independent journalism in Cambodia, according to a survey released on Wednesday in a report by the Cambodian Center for Independent Media (CCIM). ...
Tej Parikh
https://www.cambodiadaily.com/news/fear-hinders-independent-journalism-in-cambodia-survey-finds-109992/
Logging’s roots deep
Hun Sen’s Cambodia has been shaped by the collection of illegal timber dollars, profiting a politically connected elite and in turn ensuring the ruling party’s grip on the state apparatus, a leading Australian researcher has said. Sarah Milne, a research fellow at the Australian National University, ...
Daniel Pye
http://www.phnompenhpost.com/national/loggings-roots-deep
On Israeli farms, Cambodians study and sweat
For the past 11 months, Seng Nhel lived on a kibbutz in Israel, studying horticulture and working 45 hours a week on a farm growing fruits and vegetables for agro-industry giant Mehadrin. ...
Peter Ford and Ouch Sony
https://www.cambodiadaily.com/news/on-israeli-farms-cambodians-study-and-sweat-94321/
Civil Society Groups in Cambodia Suppressed: Report
Local and international civil society groups operating in Cambodia face government-imposed restrictions on their operations and have been significantly hindered in their work in the lead up to Sunday’s general election, according to a recent report by a U.S.-based think tank. ...
Channy Chheng
https://www.voacambodia.com/a/civil-society-groups-in-cambodia-suppressed-report/4495078.html
World Bank projects 7% Cambodian growth rate
The World Bank has projected the Kingdom’s economic growth will reach seven percent this year, slightly up from its 6.9 percent projection in April, due to solid garment exports and a resilient construction sector. The World Bank’s “Cambodia Economic Update October 2016” highlighted solid garment export ...
Sok Chan
http://www.khmertimeskh.com/news/30444/world-bank-projects----7--cambodian-growth-rate/
Poll Finds Cambodians Generally Happy With Life
It’s one of the world’s 49 least developed countries and almost half of the voting population is unhappy with the current government. But 72 percent of Cambodians are generally happy and spend large amounts of their time laughing, smiling and generally enjoying life. That’s the conclusion ...
Colin Meyn and Hul Reaksmey
http://www.cambodiadaily.com/news/poll-finds-cambodians-generally-happy-with-life-44145/
Minister calls for old car ban
Imports of older cars and vans should be banned to help reduce pollution, Minister of Industry and Handicrafts Cham Prasidh said on Monday. Speaking to Cambodia’s business community at a Green Industry workshop in Phnom Penh on Monday, Prasidh said all countries had a role to ...
Chan Muyhong
http://www.phnompenhpost.com/business/minister-calls-old-car-ban
Poverty reduction a mixed success, as countryside rates remain high
Cambodia’s efforts to eradicate extreme poverty and hunger have yielded mixed results, despite the government’s claim it has reduced the poverty rate ahead of a UN deadline. But many people remain near the poverty line, vulnerable to natural disasters, such as flooding, that could put ...
Men Kimseng,
http://www.voacambodia.com/content/poverty-reduction-a-mixed-success-as-countryside-rates-remain-high/2640700.html
First agricultural insurance tested in Cambodia
Cambodia’s first pilot program to insure farmers against rice crop loss launched last week in five provinces. ...
Un Raksmey and Igor Kossov
http://www.khmertimeskh.com/news/13276/first-agricultural-insurance-tested-in-cambodia/
Activists dismayed at mekong summit outcome
Environmentalists have expressed disappointment at the outcome of the second Mekong River Commission (MRC) summit, which wrapped up yesterday. International Rivers, an environmental and human rights organisation, yesterday released a statement slamming regional leaders’ failure to address concerns over the proliferation of dams on the mainstream ...
Bangkok Post News Staff
http://www.bangkokpost.com/news/asia/403657/activists-dismayed-at-mekong-summit-outcome
Cambodian Stock Exchange Set to Launch
The Cambodian Stock Exchange(CSX) has prepared its initial public offerings in a symbolic launch, though no public trading was offered. Finance Minister Keat Chhon and his South Korean partners hold a 49 percent stake in exchange. Two state-owned companies will go public including: the Phnom ...
High food prices shrink imports in third quarter
Food and beverage imports in the Kingdom fell more than 70 per cent in the third quarter, as high international prices and the growth of domestic production dragged on demand. About 192,580 tonnes of food and beverage products entered Cambodia between July and September, down 72 ...