Belgium steadfast in support for Cambodian students
The Government of Belgium is providing scholarship support for Cambodian students wishing to pursue master’s and doctoral degree programmes at some of Belgium’s most renowned universities. ...
Hang Punreay
https://www.khmertimeskh.com/501375054/belgium-steadfast-in-support-for-cambodian-students/
Health exam committee targets fake certificates
Cambodia’s national examination committee is set to crack down on applicants using fake high school certificates for health sector degree exams. ...
Chea Sokny
https://www.phnompenhpost.com/national/health-exam-committee-targets-fake-certificates
Japan's Orix to Buy 6% Stake in Cambodia's Acleda Bank
Orix Corp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, according to people close to the matter. It would be the first investment by a major Japanese financial institution in the Southeast Asian country, ...
Atsuko Fukase and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304644104579191612248592376
NBC asks financial institutions to be flexible with flood affected borrowers
The National Bank of Cambodia has asked financial institutions to implement flexible measures for borrowers who have been affected by flood, in a bid to ease the burden on financial flow and contribute to restoring families’ economic standards. ...
Chea Vanyuth
https://www.khmertimeskh.com/501170557/nbc-asks-financial-institutions-to-be-flexible-with-flood-affected-borrowers/
NBC sets new capital, risk rules for banks, financial institutions
The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...
Kang Sothear
https://www.khmertimeskh.com/501318139/nbc-sets-new-capital-risk-rules-for-banks-financial-institutions/
Banking and Financial Institutions' Code of Conduct, Lending Guidelines go into 'full implementation'
Prominent market players have affirmed that they are on board with the Banking and Financial Institutions’ Code of Conduct (BFI CoC) and associated Lending Guidelines, as well as their underlying objective to drive trust and professionalism in the field, as these sets of rules go ...
May Kunmakara
https://www.phnompenhpost.com/business/banking-and-financial-institutions-code-conduct-lending-guidelines-go-full-implementation
Gov’t offers tax exemption
The government has issued a three-month minimum tax exemption for the aviation sector and an exemption on all types of monthly taxes for tourism operators, it said in a press release on Tuesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-offers-tax-exemption
Multiple suspects arrested over grenade attack, but police offer few details
Police have arrested at least five suspects over the past two days in connection to agrenade attack that rattled a Phnom Penh neighbourhood two weeks ago, injuring four people, but officials yesterday remained tight-lipped as to the suspects’ identities and motives. ...
Mech Dara and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/multiple-suspects-arrested-over-grenade-attack-police-offer-few-details
Pandemic offers challenges and opportunities to air ambulance industry
The ongoing COVID-19 pandemic presents both challenges and opportunities to medical consultancies and air ambulance businesses in Cambodia and other parts of Southeast Asia. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50807535/pandemic-offers-challenges-and-opportunities-to-air-ambulance-industry/
Chinese-built hydropower plant offers Cambodia greener future
The Chinese-built Lower Sesan 2 Hydropower Station is located in northeastern Cambodia on the Sesan River. ...
Khmer Times Staff
https://www.khmertimeskh.com/501390759/chinese-built-hydropower-plant-offers-cambodia-greener-future/
Tax incentives offered for expansion of Qualified Investment Projects
In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...
James Whitehead
https://www.khmertimeskh.com/501501730/tax-incentives-offered-for-expansion-of-qualified-investment-projects/
Investment Figures Show Billions of Dollars from China
China has become Cambodia’s biggest investor, putting some $8.8 billion into the country over nearly two decades, according to online data from the government’s lead investment agency. Those investment numbers, from the Council for the Development of Cambodia, from 1994 to 2011, do not take into ...
Few benefits for Cambodia from Thai rice policy
Against the backdrop of the ongoing Thai government’s rice-pledging policy, Thai rice exports are expected to further decline this year. While it may provide opportunities for Cambodia, the country has not yet benefitted much from the policy, industry experts said. “I think the Thai rice scheme ...
Fake fertiliser cuts crop yields
FARMERS’ crop yields are being undercut by unregistered middlemen selling fake fertiliser, and government efforts to combat this have proved ineffective, according to independent research from the Cambodia Development Resource Institute (CDRI). CDRI’s preliminary research, conducted as part of a larger program investigating agricultural policies for ...
http://www.phnompenhpost.com/2013030161683/Business/fake-fertiliser-cuts-crop-yields.html
Rise in Cargo Reflects a Diversifying Economy
The amount of air cargo entering and leaving Phnom Penh increased by almost 40 percent last year, and nearly 100,000 more business travelers to the capital were recorded during the first 11 months of last year compared to the same period in 2011, data from ...
http://www.cambodiadaily.com/business/rise-in-air-cargo-reflects-a-diversifying-economy-7214/
Recent Development and Economic Outlook
The UN’s assessment suggests that Cambodia is one of the top five countries that have made significant progress toward meeting its MDGs by 2015. The poverty rate has dropped dramatically from 47.50 percent in 1993 to 34.70 percent in 2004 and 23 percent in 2011, ...
Grasslands present dilemma
A week after British researchers released a study warning that the nation’s grasslands would soon be lost if drastic action was not taken to protect them, some agricultural experts have called for moderation, noting that the intensive rice cultivation blamed for the grasslands’ destruction is ...
http://www.phnompenhpost.com/2013032664676/National/grasslands-present-dilemma.html
Foreign Radio Broadcasts Banned Ahead of Election
The Ministry of Information has banned the broadcast of all Khmer-language programs by foreign radio stations for the entire 31 days of the pre-election campaign period and on election day, July 28, warning that legal action will ensue if stations fail to comply. The ban, announced ...
http://www.cambodiadaily.com/elections/foreign-radio-broadcasts-banned-ahead-of-election-32648/
Blockchain cited as boost to public trust in financial institutions
At this week’s 2020 Global Blockchain Policy Forum, Assistant Governor and Director-General of Central Banking, National Bank of Cambodia (NBC) Chea Serey stressed the need for building public trust in financial institutions and how the new Bakong payment system and infrastructure, built on blockchain technology, ...
Jason Boken
https://www.khmertimeskh.com/783940/blockchain-cited-as-boost-to-public-trust-in-financial-institutions/
Education minister, health facilities in educational institutions are very important for students and teachers
The Minister of Education Hang Chuon Naron, stated that health facilities in educational institutions are very important for students and teachers to receive primary health care and to provide physical, mental, reproductive and sexual health counselling. ...