Private Firms Approach Cambodia’s Bourse With Caution
When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...
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
Much to discuss at upcoming regional forum, analysts say
Cambodia and other Southeast Asian countries are preparing for a major regional meeting, which will be held in Burma Aug. 10. Analysts say Cambodia should raise ongoing security issues that threaten regional economic integration at the Asean Regional Forum. The South China Sea issue continues to ...
Khoun Theara
http://www.voacambodia.com/content/much-to-discuss-at-upcoming-regional-forum-analysts-say/1968851.html
Nonperforming microloans swell due to floods
Total outstanding loans in the microfinance sector reached $815.47 million in the third quarter, a 25.8 percent rise compared to beginning of the year, according to data released yesterday by the Cambodia Microfinance Association (CMA) Despite growth in the sector, microfinance institutions said nonperforming loans were ...
Ministry of Agriculture offers hotline for farmers needing assistance
The Ministry of Agriculture has published a list of phone contacts that include officials tasked to answer questions from farmers to help with their agricultural work. ...
Chea Vanyuth
https://www.khmertimeskh.com/50923295/ministry-of-agriculture-offers-hotline-for-farmers-needing-assistance/
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. ...
Tax policy touch-ups for projects of financing deals
The General Department of Taxation (GDT) on January 31 instructed relevant ministries, institutions and taxpayers to sort out tax obligations concerning projects under memorandums of understanding (MoU) as well as grant and loan agreements, as per applicable laws, and submit records of potential tax implications ...
Nov Sivutha
https://www.phnompenhpost.com/business/tax-policy-touch-ups-projects-financing-deals
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/
New research facility for infectious diseases in Asia unveiled in Cambodia
France’s Institut Pasteur du Cambodge on Tuesday inaugurated a new facility here for a regional research platform in Asia, focusing its research on infectious diseases in the region. Cambodian Health Minister Mam Bunheng, Vincent Deubel, director of the Institut Pasteur du Cambodge, and French Nobel Prize ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/health/2014-03/11/c_133177317.htm
Cambodia to end border check
Cambodia’s Prime Minister Hun Sen has unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. ...
Shuttered schools, factories
With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...
Sean Teehan, Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/shuttered-schools-factories
New Thai crossing is in works on border
The Cambodian government is conducting a feasibility study investigating the need for a Thai border crossing at Steng Bort Village in Banteay Meanchey province, four kilometres from Poipet. ...
Hor Kimsay
http://www.phnompenhpost.com/business/new-thai-crossing-works-border
China's Aid to Cambodia Helps Cement Ties
When Asia-Pacific leaders gather this weekend in Southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.S. President Barack Obama, but they will view officials from Beijing as old friends. Mr. Obama’s visit to Cambodia—this year’s host for ...
Chun Han Wong
http://online.wsj.com/article/SB10001424127887324595904578120582308358540.html
Report slams dam payouts
Households displaced by the massive Lower Sesan II hydropower dam project in Stung Treng province are being under-compensated by as much as $80,000, according to a new study.The research, published by the Rivers Coalition of Cambodia and led by political aspirant Kem Ley, found that ...
Taing Vida
http://www.phnompenhpost.com/national/report-slams-dam-payouts
CNRP vexed as CPP continues to call Sokha’s presidency illegitimate
Opposition lawmakers yesterday left a meeting at the Interior Ministry exasperated, as officials from the latter continued to deem the presidency of their leader, Kem Sokha, and the vice presidency of three senior lawmakers, illegitimate, but offered no clear path to a resolution. ...
Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-vexed-cpp-continues-call-sokhas-presidency-illegitimate
Cambodia unveils 2 suspects for hacking into gov't websites
Cambodia on Tuesday revealed two suspected hackers, who have attacked in large scales on the information technology networks of the national institutions, the National Police announced in its website. Bun Kingmongkol Panha, 21, and Chou Songheng, 21, both are the third year information technology students at ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/22/c_133281810.htm
MoU inked with China firm for sewage study
The Minister of Public Works and Transport Sun Chanthol on Wednesday signed a memorandum of understanding (MoU) with Beijing Urban Construction Group Co Ltd (BUCG) in Phnom Penh, to undertake a study of sewerage and drainage systems. ...
Kong Meta
https://www.phnompenhpost.com/national/mou-inked-china-firm-sewage-study
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 ...
Microfinance Deposits and Loans Grow
Outstanding loans among micro-credit institutions increased by 6.7 percent to $505.46 million in the second quarter of this year compared to the first quarter, figures from the Cambodia Microfinance Association show. According to the data, deposits held by Cambodia’s 27 microlenders grew by 33.2 percent ...
Hun Sen orders probe into land dispute cases
Prime Minister Hun Sen ordered the relevant authorities to probe four land-related cases following a series of complaints from the Khmer Rise Party (KRP), which studied them. Four letters, signed by members of the Council of Ministers and its secretary of state Hing Thoraksy on ...
Long Kimmarita
https://www.phnompenhpost.com/national/hun-sen-orders-probe-land-dispute-cases