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Think Tank Says Investment Needed to Balance Growth

Government action is needed if Cambodia is to reach its potential for economic growth and address growing inequality, according to a new report from a leading local think tank. The recommendations were included in the Cambodian Development Resource Institute’s (CDRI) annual development review 2012 to ’13. ...

http://www.cambodiadaily.com

ASEAN: more unity among members needed

Further comprehensive economic co-operation and expansion among ASEAN’s member states, East Asia and its development partners was imperative for managing risks and impacts from the fragile global economy, Prime Minister and ASEAN chairman Hun Sen said during the ASEAN Global Dialogue yesterday. The dialogue brought together ...

http://www.phnompenhpost.com/index.php/2012112159859/Business/asean-more-unity-among-members-needed.html

Cambodia unveils strategy to attract Chinese tourists

Cambodia’s Ministry of Tourism on Wednesday finalized its 5-year strategic plan to attract at least 1.3 million Chinese visitors by 2018. Speaking at a seminar on Cambodia tourism marketing strategy targeting China, So Visothy, director of the Tourism Ministry’s Marketing and Promotion Department, said that currently ...

http://news.xinhuanet.com/english/world/2013-06/19/c_132467692.htm

Mekong residents voice their concerns

Residents living in the Mekong River basin are expressing concerns over water degradation in the Mekong river and its impact on farming, aquaculture and the livelihood of the millions of people who live in the region. People from Cambodia, Thailand and Viet Nam’s Cuu Long (Mekong) ...

http://vietnamnews.vn/society/242941/mekong-residents-voice-their-concerns.html

EU Draft Memo Defended Voter List Margin of Error

Audits of the voter list which claimed that up to 1 million people could lose their right to vote in the July 28 national election were attributed to an “unavoidable margin of error” due to many citizens not having national identity cards or a permanent ...

http://www.cambodiadaily.com/elections/eu-draft-memo-defended-voter-list-margin-of-error-32909/

Ministry warns six provinces of low temperatures

The Water Resources and Meteorology Ministry yesterday issued a statement warning that temperatures in six provinces could dip to as low as 17 degrees Celsius starting today. ...

Mom Kunthear
https://www.khmertimeskh.com/50564387/ministry-warns-six-provinces-of-low-temperatures/

As fast food takes hold, health fears grow

As the temperature in Phnom Penh crested 39 degrees celcius on Tuesday, a young British couple stepped into the air-conditioned embrace of Burger King.   ...

Ben Paviour
https://www.cambodiadaily.com/news/as-fast-food-takes-hold-health-fears-grow-112289/

Agriculture scholarships to help nurture local talent

A new agriculture scholarship and research grant were launched yesterday with the aim of nurturing local expertise by providing students opportunities to pursue graduate degrees and conduct research. ...

Chea Vannak
http://www.khmertimeskh.com/5086816/agriculture-scholarships-help-nurture-local-talent/

NEC plans to offer online registration

The National Election Committee (NEC) has a tentative plan to register political parties and candidates online next year to bolster trust in Cambodian elections and the country’s information technology system. ...

Nov Sivutha
https://www.phnompenhpost.com/national/nec-plans-offer-online-registration

New investment law offers attractive incentives for agriculture

Cambodia’s Investment Law heralds new opportunities for investors, offering generous incentives and a focus on diversified sectors. Agriculture takes center stage with attractive tax reliefs and a vision for climate-smart practices. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-new-investment-law-offers-attractive-incentives-for-agriculture

Phnom Penh job fair offers 4,500 openings

The National Employment Agency (NEA) under the Ministry of Labour and Vocational Training, in collaboration with the Union of Youth Federations of Cambodia (UYFC), organised a two-day job fair and career guide, with a total of 4,500 job opportunities from 25 companies. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/phnom-penh-job-fair-offers-4500-openings

Apparel workers demand $14 vs $1 employer offer in wage negotiations

Negotiations surrounding the minimum wage for workers in the textile, apparel, footwear and travel goods sector have started, with employee representatives proposing a $14 increase while employer representatives put forward $1. ...

Thang Sinorn
https://kiripost.com/stories/apparel-workers-demand-14-vs-1-employer-offer-in-wage-negotiations

Prasac seeks commercial bank status

PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...

http://www.phnompenhpost.com/index.php/2012030254816/Business/prasac-seeks-commercial-bank-status.html

Cambodia well suited for solar, though use remains low

Cambodia has a high degree of solar radiation, making the country a good place for the renewable energy source, a report from the Asian Development Bank says. ...

Sun Sokhen
http://www.voacambodia.com/content/cambodia-well-suited-for-solar-though-use-remains-low/2927056.html

Banking and financial institutions disbursed $44.9 billion in loans, an increase of 23 percent

The National Bank of Cambodia (NBC) said that at the end of the third quarter of 2021, banking and financial institutions provided loans totaling 185.1 trillion riels or about $44.9 billion to agriculture, construction, manufacturing, services, wholesale and retail trade and household units. This accounted ...

Khmer Times Staff
https://www.khmertimeskh.com/50992206/banking-and-financial-institutions-disbursed-44-9-billion-in-loans-an-increase-of-23-percent/

9 ministries, institutions included in National Single Window 3

The steering committee of the Cambodia National Single Window (CNSW) on Tuesday officially launched the implementation of the system for the third phase, said a press release by the CNSW. Nine ministries and several institutions of the Royal Government of Cambodia were included in the ...

Kang Sothear
https://www.khmertimeskh.com/501214072/9-ministries-institutions-included-in-national-single-window-3/

Gov’t fights back on ‘useless’ education claim

Education Minister Hang Chuon Naron yesterday slammed opposition leader Sam Rainsy for dismissing university degrees in the country as value-less and labeling the education system one of the poorest in the world. ...

Ven Rathavong
http://www.khmertimeskh.com/news/16635/gov---t-fights-back-on----useless----education-claim/

Sub-Decree aims to better regulate pharmacies

Prime Minister Hun Sen has signed a sub-decree to better regulate pharmacies, a business fraught with fake drugs and fake diplomas. The new sub-decree of the Pharmacists’ Code of Ethics contains 71 articles. They ban distribution of fake drugs and the use of titles not ...

Kuch Naren
http://www.cambodiadaily.com/news/sub-decree-aims-to-better-regulate-pharmacies-55138/

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