Kids encouraged to read ahead of National Reading Day
Minister of Education, Youth and Sport (MoEYS) Hang Chuon Naron on Monday urged parents to bring their kids to participate in reading events, read more at home rather than playing games as the National Reading Day approaches. ...
Meas Molika
https://kiripost.com/stories/cambodia-kids-encouraged-to-read-ahead-of-national-reading-day
Kingdom due to host Asia-Pacific financial development forum
Cambodia is set to host the 47th Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Annual Meetings from May 14-16, 2024. Centred on regional financial development, the meetings are expected to bring together delegates from some 40 countries to share their knowledge ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-due-host-asia-pacific-financial-development-forum
Advertising industry in Cambodia grows
As Cambodia’s economy continues to grow, advertising in the country has developed to keep pace. But the industry still faces challenges, insiders say. According to Media Adex data by Indochina Research, which monitors advertising spending for TV and print (but not radio) $105.4 million was ...
Inflation Hits 7.1 Percent in June, Officials Say
Inflation reached 7.1 percent in June compared to the same month last year as consumer prices continued to rise in Cambodia, an official at the Ministry for Planning said yesterday. The release of the inflation figure comes after officials and the ministry said earlier this ...
Telco Axiata strengthens regional hold, controls 34% of Cambodian market post-acquisition
Being one of the biggest Asian telecommunications companies with operations across ten countries, Axiata Group Bhd has flexed its muscles to firm its grip on the Cambodian market After the acquisition of its rival Latelz Co Ltd, the second-largest mobile operator with a 21% market share ...
http://biz.thestar.com.my/news/story.asp?file=/2012/12/17/business/12469671&sec=business
Opposition Wants Debt Lowered in 2013 Budget
The opposition Sam Rainsy Party (SRP) has requested the National Assembly to reduce by 75 percent the amount of new debt the government is allowed to take on next year under the latest draft of the 2013 national budget. Opposition lawmaker Son Chhay, who sent the ...
Vietnam and Cambodia hit back
Vietnam urged Laos to halt construction of a $3.5 billion hydropower dam pending further study, environmental activists said on Friday after a meeting of the Mekong River Commission. The activists said Cambodia, also downriver from the Xayaburi dam, accused Laos during heated discussions on Wednesday and ...
http://bdnews24.com/environment/2013/01/21/vietnam-and-cambodia-hit-back
Cambodia Sees Massive Foreign Investment Growth in 2012
Investment in Cambodia from overseas surged by at least 44 percent last year, according to an estimate from the central bank, despite figures suggesting a reduction in the overall flow of foreign currency into Southeast Asian economies. Nguon Sokha, director-general of the National Bank of Cambodia, ...
Real Estate Market Showing Signs of Recovery
Land prices in Cambodia continued to recover in the last half of 2012, especially in urban areas, following a collapse of the market in 2008, real estate investors say. Keuk Narin, vice president of Asia Real Estate Cambodia, told VOA Khmer that commercial land prices ...
http://www.voacambodia.com/content/real-estate-market-showing-signs-of-recovery/1580588.html
Room for Improvement in Cambodia’s Bank Sector
While Cambodia has made considerable strides in its banking sector, it still lags behind countries in the region in the areas of e-banking and access to services, industry experts attending the Fifth Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh said yesterday. ...
City poised for shopping mall boom
After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...
Hor Kimsay
http://www.phnompenhpost.com/business/city-poised-shopping-mall-boom
Japanese firms seek business options in Cambodia
Representatives of a dozen large Japanese companies arrived in Phnom Penh on Tuesday looking for business opportunities in the kingdom. Hidetoshi Nishimura, executive director of the Economic Research Institute for ASEAN and East Asia, led the delegation, whose members represent firms in industries such as technology, ...
Naga aircraft set to take flight
Nagacorp, owner of Cambodia’s largest casino, NagaWorld, is on track to begin flying in high-rollers from China on a fleet of its own commercial aircraft, according to the company’s latest earnings statement and government officials. In a filing to the Hong Kong Stock Exchange on Friday, ...
Eddie Morton
http://www.phnompenhpost.com/business/naga-aircraft-set-take-flight
Amru celebrates 10th anniversary
Over the last decade since the government established a rice promotion policy in 2010, locally-owned rice miller and exporter Amru Rice (Cambodia) Co Ltd has become one of the game changers in driving milled-rice exports and transforming the Kingdom into a key rice exporter in ...
May Kunmakara
https://www.phnompenhpost.com/business/amru-celebrates-10th-anniversary
Full text of China-Cambodia joint press communique
The following is the full text of the joint press communique between China and Cambodia issued on Tuesday during the official visit by Prime Minister Samdech Akka Moha Sena Pedei Techo Hun Sen of the Kingdom of Cambodia to China: Joint Press Communique Between the People’s ...
Rights groups wary of ban on internet cafés
Rights workers cautioned yesterday that a sweeping ban on internet cafés near schools was little more than a thinly veiled act of censorship. Issued last month by the Ministry of Post and Telecommunications, the circular says all internet cafés within 500 metres of a school must ...
http://www.phnompenhpost.com/National/rights-groups-wary-of-ban-on-internet-cafes.html
Naga casino to buy aircrafts to fly Chinese gamblers to Phnom Penh
Cambodian casino operator, Hong Kong-listed NagaCorp, is trying to reach deals in order to fly gamblers from Macau and mainland China to its gaming resort in Phnom Penh, according to media reports. Hong Kong media quoted NagaCorp chief financial officer, Philip Lee Wai Tuck, as ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=Yjk2MWM1NWYyYjY
Chong villagers put festive spin on dam protest
Villagers from an ethnic minority community in Koh Kong province’s Areng Valley continued their blockade over the Khmer New Year holiday of an access road leading to the site of a proposed dam they say would destroy their way of life. Members of the ethnic ...
Khuon Narim
http://www.cambodiadaily.com/news/chong-villagers-put-festive-spin-on-dam-protest-56708/
Pursat Ford assembly plant opens
The Kingdom’s first Ford assembly plant was inaugurated on June 16 in Pursat province amid rising demand for brand-new vehicles among Cambodians. The facility is seen as a game changer for the domestic automobile industry, which could bring a wave of investors seeking to cash ...
May Kunmakara
https://www.phnompenhpost.com/business/pursat-ford-assembly-plant-opens
Villagers Petition Against Dam
Ethnic minority villagers expecting to be displaced by a proposed Chinese-built hydroelectric dam in northeastern Cambodia are asking the country’s parliament not to approve a law providing financial guarantees for the project. Villagers living along three rivers that will be affected by the dam spoke ...
http://www.rfa.org/english/news/cambodia/villagers-02142013163955.html