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Financial institutions give their support to NBC’s liquidity plan

The National Bank of Cambodia (NBC) on Wednesday announced the release of two more policies to increase liquidity in the local economy. ...

May Kunmakara
https://www.phnompenhpost.com/business/financial-institutions-give-their-support-nbcs-liquidity-plan

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

Cambodia To Become Lower-Middle-Income Nation By End of 2013: PM

Cambodian Prime Minister Hun Sen said Monday that the country would move from the status of a low-income to a lower-middle-income nation by the end of this year. “We acknowledge that we are in the status of a low-income country with GDP per capita of less ...

http://www.globaltimes.cn/content/765648.shtml

Water Supply Shares Fall Below Launch Price

The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...

Garment sector training institute breaks ground

Employing some 700,000 Cambodians, the garment sector is the country’s largest private employer. But move above the factory floor and you will find mostly foreigners, from countries such as China, Singapore, Bangladesh, Sri Lanka and the Philippines. ...

Peter Ford and Kang Sothear
https://www.cambodiadaily.com/news/garment-sector-training-institute-breaks-ground-93371/

Cambodia to feel an energy crunch, but growth to remain stable: report

Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/cambodia-feel-energy-crunch-growth-remain-stable-report

Growing Unease Over Direction of the Country, Survey Finds

There was a shift of almost seismic proportions between January and November 2013 as the number of people who believe the country is being steered in the right direction fell sharply, while the number of discontented citizens rose, according to a new report. Launching its annual ...

Lauren Crothers
http://www.cambodiadaily.com/news/growing-unease-over-direction-of-the-country-survey-finds-51034/

Be glad you’re not paid in rice, Prime Minister tells teachers

Prime Minister Hun Sen advised the country’s newest crop of teachers not to feel down about their poor salaries, recalling that were they embarking on their careers in the aftermath of the Khmer Rouge regime their pay would be a few bags of rice each ...

Khy Sovuthy
http://www.cambodiadaily.com/news/be-glad-youre-not-paid-in-rice-prime-minister-tells-teachers-53965/

Cambodia vulnerable to money laundering

Cambodia is the third most at-risk country to money laundering and terrorist financing in the world, according to a global index released last month, trailing only Iran and Afghanistan. The Anti-Money Laundering Index, first published by the Swiss-based Basel Institute on Governance in 2012, assigns the ...

Zsombor Peter
http://www.cambodiadaily.com/news/cambodia-vulnerable-to-money-laundering-67363/

Appropriate technology is a mechanism to promote nationally appropriate actions for greenhouse gas emission reduction

Phnom Penh – 21 March 2014, a workshop on Energy and Environment Technology: Capacity-Building Cooperation for the Development of NAMA in a MRV manner was organized by the Climate Change Department of the Ministry of Environment (CCD) in cooperation with the Overseas Environmental Cooperation Center, ...

Ministry of Environment

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Hunger Reduced, Malnourishment Next Issue

Cambodia has reached its millennium development goal of re­ducing by half the number of people who suffer from hunger, but more needs to be done to make sure that the population now re­ceives the right nutrients, officials said on World Food Day Wednesday. Making the announcement ...

Denise Hruby and Hul Reaksmey
http://www.cambodiadaily.com/news/hunger-reduced-malnourishment-next-issue-45363/

Ministry, KOICA partner on tech skills

In a bold stride towards boosting the information and communication technology (ICT) skills of the Kingdom’s young population, the Ministry of Labour and Vocational Training and the Korea International Cooperation Agency (KOICA) have put pen to paper on a new agreement. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/ministry-koica-partner-tech-skills

In Cambodia, culture shapes identity, spurs economic growth

Last year, the United Nations called for culture to be given top priority in the post-2015 global development agenda, citing its importance to economic growth, social inclusion, equality, and sustainable development. It is difficult to quantify the impact culture has on a nation, particularly for a developing ...

Julia Chen
http://asiafoundation.org/in-asia/2014/02/12/in-cambodia-culture-shapes-identity-spurs-economic-growth/

$65 mln loan to expand microfinance

Three Thai banks have joined IFC’s $65 million syndication loan to a Cambodian microfinance institution to boost the access to funding of micro, small, and medium rural and agricultural enterprises, most of which are owned by women.  ...

Va Sonyka
http://www.khmertimeskh.com/news/12730/business-briefs/

HIV infections nearly doubled over past decade

The number of new HIV infections in Cambodia nearly doubled over the past decade—the greatest increase in Asia—while less than a third of Cambodians living with the virus are receiving medication to slow its development, according to a report released this week. ...

George wright
https://www.cambodiadaily.com/news/hiv-infections-nearly-doubled-over-past-decade-115705/

Banking summit set to offer students thousands of jobs

The Banking Jobs and Skills Summit 2023 is set to take place from September 29-30 at the National University of Management (NUM), featuring around 20 financial institutions and offering thousands of job opportunities to students. ...

Van Socheata
https://www.phnompenhpost.com/national/banking-summit-set-offer-students-thousands-jobs

Cambodia urges more collaborations between nations

To counter the growing risk of geopolitics, it is important to have more mutual investments and collaborations between countries and regions to truly achieve global economic prosperity, experts say. ...

Khmer Times Staff
https://www.khmertimeskh.com/501389490/cambodia-urges-more-collaborations-between-nations/

GMAC to create new training institute

The Garment Manufacturers Association in Cambodia (GMAC) has begun seeking technical advisors to assist in the creation of a Cambodia Garment Training Institute. ...

Sean Teehan
http://www.phnompenhpost.com/national/gmac-create-new-training-institute

Development report cites China as growth model

It’s been done numerous times, comparing the “China miracle” to its emerging and frontier neighbours as a benchmark for development. Cambodia might seem an ill-fitted student of the world’s second-biggest economy. But a recent report from the Cambodia Development Resource Institute pointed to some lessons the Kingdom ...

http://www.phnompenhpost.com/index.php/2012050856023/Business/china-seen-as-growth-model.html

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/

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