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Public and private educational institutions in Phnom Penh to be shuttered from November 10-12, 2022

The Ministry of Education, Youth and Sports has announced the temporary suspension of public and private educational institutions at all levels in Phnom Penh from November 10-12, 2022 to reduce traffic congestion for the people and facilitate the movement of numerous VVIP convoys for the ...

Khmer Times Staff
https://www.khmertimeskh.com/501149843/public-and-private-educational-institutions-in-phnom-penh-to-be-shuttered-from-november-10-12-2022/

Developer ordered to halt work on disputed land

The governor of Phnom Penh’s Chroy Changva district Wednesday ordered the private firm heading a $3-billion real estate project on the peninsula to temporarily stop pumping sand onto land being contested by about 40 local families, but urged the families to reconsider the compensation on ...

Sek Odom and Matt Blomberg
http://www.cambodiadaily.com/news/developer-ordered-to-halt-work-on-disputed-land-63087/

Cambodia welcomes Chinese premier's pledge of over 3 bln USD aid to GMS countries

A senior official of the Cambodian government on Saturday welcomed Chinese Premier Li Keqiang’s pledge of 3.09 billion U.S. dollars aid to the Greater Mekong Subregion (GMS) member countries, saying the offer is essential for socio-economic development and poverty reduction. The offer includes 1 billion ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-12/20/c_133868594.htm

Disabled education lacking

In an internal report released this week, the Ministry of Education gave itself high marks for the access to education it offers disabled children, offering a rundown of successes in the field dotted with green checkmarks, not unlike a school report card. However, though the ministry ...

Rebecca Moss
http://www.phnompenhpost.com/national/disabled-education-lacking

MobiTel, Smart Fight It Out Over Prices

With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...

http://www.cambodiadaily.com/news/mobitel-smart-fight-it-out-over-prices-21085/

Economic Census 2011 Found About Half Million Establishments

About half a million establishments in Cambodia as of March 1, 2011 released the preliminary results of the Economic Census of Cambodia (EC 2011) released by H.E. Chay Than on August 8th in Phnom  Penh. The final results of EC 2011 will be released in ...

http://thesoutheastasiaweekly.com/

ODA Projects Signed with Japan

Agreements for two Japanese official development assistance (ODA) projects for Cambodia were recently signed at two separate ceremonies One ODA project amounts to US $53.3 million loan for the West Tonle Sap Irrigation and Drainage Rehabilitation and Improvement Project. The other project involves a US $700,000 ...

Qatar plans bank in Cambodia to enhance trade

Qatar’s ambassador to Cambodia says his country wants to open a bank here in an effort to enhance, and attract more, trade and investment from Middle East countries to the Kingdom. Bloomberg reported yesterday that Arqaam Capital, a Dubai-based investment bank, had said it was ...

http://www.phnompenhpost.com/2013022661598/Business/qatar-plans-bank-in-cambodia-to-enhance-trade.html

Hun Sen Shares Vision of Rubber Plantation Boom

Reporting that the country had achieved better than expected economic growth last year, Prime Minister Hun Sen yesterday targeted a rapid expansion of the country’s rubber industry and predicted that almost 1 in 10 Cambodians would soon be working in rubber. “Agriculture continues to play ...

http://www.cambodiadaily.com/news/hun-sen-shares-vision-of-rubber-plantation-boom-11253/

Hun Sen Reaches for Ambitious Income Target

Going by the World Bank’s method of grouping nation states by their wealth, Cambodia this year could become a lower-middle income country. Not satisfied, however, with this graduation—a feat in itself from Cambodia’s position of extreme poverty just two decades ago when gross domestic product (GDP) ...

http://www.cambodiadaily.com/business/hun-sen-reaches-for-ambitious-income-target-18766/

Royal Media Launches Digital ONE TV Service

Royal Media Entertainment Co. Ltd., a joint venture between local conglomerate Royal Group and Russian General Satellite Co., announced yesterday that it has launched the country’s first digital pay-television service, ONE TV. Offering promotional subscription rates between $3 and $12 a month, services will begin in Phnom ...

Insurance, banks join forces

Cambodia Life Insurance Company Plc plans to bundle services with banks to offer guarantees on mortgages, company representatives said. The service is hoped to make mortgages more accessible in a country where housing loans are still considered risky business. Collateral is usually required to take loans ...

http://www.phnompenhpost.com/index.php/2012080357789/Business/insurance-banks-join-forces.html

Failing to sew up support

Cambodian stockbrokers yesterday admitted to a disappointing level of investor interest in Grand Twins International’s (GTI) initial public offering. Garment industry unrest, distrust in the private sector and a lack of liquidity in the market were all said to be discouraging investors from buying into the ...

Eddie Morton
http://www.phnompenhpost.com/business/failing-sew-support

IMF Report Cites Key Economic Reforms

Despite an economic forecast of 6.5 percent growth for Cambodia this year, the International Monetary Fund (IMF) warned in a report released Monday that the government must continue to develop infrastructure, increase public revenues and practice fiscal safeguarding in order to sustain growth in the ...

Ease Flood Victims' Debts, Hun Sen Tells MFIs

Prime Minister Hun Sen has called on microfinance institutions to reduce interest rates and expand repayment periods for the tens of thousands of families affected by last year’s devastating floods. Addressing microfinance institutions (MFIs) on Tuesday during a conference at the Ministry of Rural Development, ...

Grab offers innovative carbon offset option to support Cambodian forest protection

Passengers using the Grab ride-hailing app are offered the option to travel carbon neutral, said a press release of Wildlife Conservation Society (WCS) issued this afternoon, adding that a voluntary contribution allows passengers’ rides to be offset via carbon credits from the Keo Seima Wildlife ...

Khmer Times Staff
https://www.khmertimeskh.com/50900387/grab-offers-innovative-carbon-offset-option-to-support-cambodian-forest-protection/

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