Japan offers $239 million in emergency assistance
Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).” ...
Ry Sochan
https://www.khmertimeskh.com/50775690/japan-offers-239-million-in-emergency-assistance/
No foreign aid offered to run National Election
No foreign country has offered to assist the National Election Committee (NEC) with financial assistance or in kind for running next year’s National Election. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501147606/no-foreign-aid-offered-to-run-national-election/
ADB offers Covid recovery package
Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...
May Kunmakara
https://www.phnompenhpost.com/business/adb-offers-covid-recovery-package
Deforestation warming Cambodia, activists say
As the impacts of climate change become more apparent worldwide, members of the public are connecting more weather events to the phenomenon. In March and April, for example, extreme heat baked mainland Southeast Asia. On April 20, Vietnam set an all-time observed record high temperature, 43 ...
Michael Tatarski
https://www.asiatimes.com/2019/06/article/deforestation-warming-cambodia-activists-say/
Port operator’s IPO share price set near high tide mark
Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. ...
Cam McGrath
http://www.phnompenhpost.com/business/port-operators-ipo-share-price-set-near-high-tide-mark
Sub-Decree to Require Licenses fro Tour Guides
The Council of Ministers on Friday approved a sub-decree requiring tour guides to obtain licenses from the government in an effort to regulate and improve quality of service in the tourism sector. The sub-decree aims “to define the procedure to manage tourist guides,”and requires current ...
No background checks on exam monitors: ACU
None of the more than 5,000 independent observers recruited for this year’s national exams had background checks or their identity verified before they were allowed into testing centres, an official said yesterday. During this year’s newly reformed and cleaned-up grade 12 exam, the Anti-Corruption Unit (ACU) ...
Pech Sotheary and Laignee Barron
http://phnompenhpost.com/national/no-background-checks-exam-monitors-acu
Rising Consumer Prices Draw Hunderds to Protest for Action
Some 200 factory workers and taxi drivers protested in Phnom Penh yesterday morning to demand that the government take action to curb the rising costs of food and fuel, and threatened larger demonstrations if it failed to actAccording to figures released by the National Institute ...
Minh: Connectivity is key to Asean's tourism plans
Connectivity is crucial to the process of building the Asean Community, and ties in with the effort to market the region as a single tourist destination, the grouping’s chief said. “Asean is in the process of building the Asean Community, and in the process of building ...
http://www.nationmultimedia.com/aec/Minh-Connectivity-is-key-to-Aseans-tourism-plans-30198610.html
ANZ chief says Cambodia should de-dollarise
ANZ chief executive Mike Smith says Cambodia should decouple the riel from the US dollar to a stand-alone currency and align itself to the Chinese renminbi (RMB), given the shift in global trade flows. At the Cambodia Outlook Conference in Phnom Penh yesterday, Smith said: “I ...
http://www.phnompenhpost.com/2013022161527/Business/anz-chief-says-cambodia-should-de-dollarise.html
EU fund of over $4.5 mln in Cambodia
The European Union in efforts to reduce the poverty rate and secure a free society has awarded $4.5 mln to four projects. These projects will work to improve justice, natural resources, land rights, and build the capabilities of local authorities. Four projects were selected among ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ODhhZmVjNmU1OTd
Cambodia launches green growth plan 2013-2030
Cambodia on Friday adopted the national policy and strategic plan for green growth 2013-2030, aiming at developing the economy with consideration for environmental and natural resources sustainability. It said the country has already adopted several legal instruments for the green growth implementation. Those included ...
http://news.xinhuanet.com/english/world/2013-03/01/c_132201617.htm
Cambodia explores carbon
Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...
http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html
Call for More Investment in Infrastructure
As much as $16 billion of investment is needed in Cambodia over the next decade if the country’s infrastructure is to keep up with the pace of economic growth, according to a regional think tank. At a seminar in Phnom Penh on Thuesday, Jakarta-based Economic Research ...
http://www.cambodiadaily.com/business/call-for-more-investment-in-infrastructure-33737/
Government’s Limits on Information Leaving Voters in the Dark
Reporters in Cambodia seeking statistics from government ministries and departments are used to being given the brush-off from time to time, but in the run-up to the July 28 national election, things appear to have worsened. The Council for the Development of Cambodia (CDC) has for ...
Singaporean Startup to Install Streetlamps in Rural Villages
A Singaporean startup is planning to install streetlamps in three villages in Kompong Chhnang province later this year in an effort to enhance safety for people making their way home at night. Fosera Lighting is raising money through an online campaign to construct 75 solar-powered streetlights ...
Ethics Awards for Much Maligned Media
The first ever Annual Journalism Ethics Awards ceremony was held Wednesday in Phnom Penh, which conferred a total of 19 awards on five national newspapers and eight national television stations in recognition of their adherence to ethical journalism. The newspapers garnering awards in categories including balance ...
Phorn Bopha and Simon Henderson
http://www.cambodiadaily.com/news/ethics-awards-for-much-maligned-media-49153/
ILO, Cambodian garment manufacturers agree to eliminate child labor
Child labor has been a problem plaguing Cambodia for years, and a new agreement between the International Labour Organization’s Better Factories Cambodia (BFC) and the Garment Manufacturers Association in Cambodia (GMAC) is the latest effort to eradicate it. “The agreement emphasizes collaboration between BFC and ...
Tara Donaldson
https://www.sourcingjournalonline.com/ilo-cambodian-garment-manufacturers-agree-eliminate-child-labor-td/
PM appeals for the end of lax standards
While offering no concrete solutions to the issue, Prime Minister Hun Sen yesterday appealed for graduating engineers to be aware of generally lax building standards that could have a long-term impact on public safety. Much of Cambodia’s infrastructure was redeveloped after the civil war, and ...
May Titthara
http://phnompenhpost.com/national/pm-appeals-end-lax-standards
Bun Youdy reflects on three years at the National Commercial Arbitration Centre
Established by the 2006 Law on Commercial Arbitration, the National Commercial Arbitration Centre of Cambodia (NCAC) is an independent not-for-profit institution that aims to offer impartial and effective alternative dispute resolution. There are currently more than 60 arbitrators on the NCAC panel. ...