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. ...
Increasingly, Cambodian women seeking higher education abroad
Cambodian women face many obstacles to success in education, including domestic violence and sexual violence, but an increasing number of them are seeking higher education and more work skills.More than 50 percent of Cambodia’s population is female, and many see the new generation as a ...
Ten Soksreinith
http://www.voacambodia.com/content/increasingly-cambodian-women-seeking-higher-education-abroad/3086134.html
Google to map streets of capital, Angkor Wat
People around the world will soon be able to go online and view close-up pictures of Phnom Penh’s streets and the temples of Angkor Wat, Google representatives announced in Phnom Penh. Google Street View is using cars with special 360-degree panoramic cameras to collect the imagery. ...
http://www.phnompenhpost.com/business/google-map-streets-capital-angkor-wat
Rainfall still a month away, says ministry
The Ministry of Water and Meteorology has warned farmers of a rainfall shortage forecast to last at least another month, with average daily temperatures also forecast to remain above average. The announcement, issued on Monday, says that up until mid-July Phnom Penh, Kandal, Kampong Speu, Takeo, ...
Chan Muyhong
http://www.phnompenhpost.com/business/rainfall-still-month-away-says-ministry
Obama leaves with words of encouragement for girls
Following First Lady Michelle Obama’s three-day visit to Cambodia to promote her “Let Girl Learn” initiative, Cambodian officials say they hope for positive changes in girls’ education. Cambodia has nearly 1.5 million female students studying at primary and high schools, he said. But only 42 ...
Neou Vannarin
http://bit.ly/1G1Ukem
1,000 containers with raw material offer relief to Kingdom’s factories
Prime Minister Hun Sen on Saturday announced the arrival of 12 ships containing more than 1,000 containers of raw materials from China at Sihanoukville Autonomous Port to supply struggling garment factories in the Kingdom. ...
Koh Kong authorities say offer in land dispute is fair
Koh Kong Provincial Administration officials have said that an ongoing land dispute in Botum Sakor district is nearing an end, with 70 of 131 families accepting the government’s offer for a resolution which it deems fair. ...
Son Minea
https://www.khmertimeskh.com/50866528/koh-kong-authorities-say-offer-in-land-dispute-is-fair/
Ministry offers free vocational training for 67,000 nationwide
The Ministry of Labour and Vocational Training announced free vocational training for 67,000 people from across the country in keeping with the demands of the labour market. ...
Torn Vibol
https://www.khmertimeskh.com/501403686/ministry-offers-free-vocational-training-for-67000-nationwide/
PM: Join hands to lift post-Covid economy
Leaders in the region and beyond must advance various forms of bilateral and multilateral cooperative relations, and join hands to create meaningful traction in economic recoveries for when the spread of the novel coronavirus eases to a significant enough degree, according to Prime Minister Hun ...
May Kunmakara
https://www.phnompenhpost.com/business/pm-join-hands-lift-post-covid-economy
Cambodia’s Small Businesses Serve as Backbone of Sustainable Economy
Cambodian Prime Minister Hun Sen announced in late March that the nation was on target to move from the status of a low-income to a lower-middle-income nation by the end of 2013, ranking it the 15th country that obtained high economic growth in the world in the ...
US ambassador offers increased help fighting human trafficking in meeting with Sar Kheng
Minister of Interior Sar Kheng reiterated to the US ambassador to Cambodia W. Patrick Murphy that Cambodia was committed to combating all forms of human trafficking, pointing to the complex nature of the crime today due to technology as one barrier to effective enforcement. ...
Former VOD staff undecided about offer of state employment
In a gesture of goodwill, Prime Minister Hun Sen offered government positions to unemployed Voice of Democracy (VOD) journalists. ...
Torn Vibol
https://www.khmertimeskh.com/501239634/former-vod-staff-undecided-about-offer-of-state-employment/
Risk Of Money Laundering Grows With Economy
With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...
http://www.cambodiadaily.com/news/risk-of-money-laundering-grows-with-economy-14444/
ADB Says Hydropower Growth Won’t Match Need for Oil, Coal
Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...
http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/
Tax revenues rise, but aren’t reflective of overall GDP growth
While the country’s tax revenue grew about 20 per cent in the first half of this year compared to the same period in 2012, experts say the amount still isn’t high enough to accurately reflect the country’s GDP growth. Stephen Higgins, former CEO of ANZ ...
http://www.phnompenhpost.com/business/tax-revenues-rise-aren%E2%80%99t-reflective-overall-gdp-growth
Timing of stats questioned
For the first time in recent memory, the Ministry of Economy and Finance has released growth projections for the first half of the year, and the numbers are good. The ministry’s preliminary data claims that from January through June, economic growth stood at 7.6 per ...
http://www.phnompenhpost.com/business/timing-stats-questioned
Major banks show more agricultural sector trust
Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...
Shooting probe urged
UN rights envoy Surya Subedi wrapped up his six-day fact-finding mission to Cambodia yesterday by calling for a thorough investigation into security forces’ role in the deadly crackdown on garment workers early this month. He also offered to act as a mediator between the ruling Cambodian ...
Daniel Pye
http://www.phnompenhpost.com/national/shooting-probe-urged