Repo auction offers quick liquidity fix
The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...
Hor Kimsay
http://www.phnompenhpost.com/business/repo-auction-offers-quick-liquidity-fix
Cambodia Finally Starts Stock Trading
Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...
http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/
Citizenship bribes offered: police
Four Vietnamese women claiming to be working for a Vietnamese company attempted to obtain residency papers reserved for Cambodian citizens by bribing authorities in Ratanakkiri’s Sre Angkrang commune last week, police and an NGO said yesterday. The news comes as the government continues a “foreigner census” ...
Phak Seangly
http://phnompenhpost.com/national/citizenship-bribes-offered-police
Coral reef areas to gain protection in Cambodia
Cambodia’s first Marine Protection Area will be established around two emerging tourist destinations, Koh Rong and Koh Rong Samloem islands, a British conservation group has announced. NGO Coral Cay Conservation said last week that it has been invited to map out a 300-square-kilometre MPA by the ...
Failed students weigh future
As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...
Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future
Cambodian School Educates New Generation of Social Workers
Cambodia has some 3,000 registered non-profit groups. Some work on highly sensitive issues such as violence against women and human trafficking. But there are few Cambodians formally trained for such work. That is now changing with the country’s first university-level degree program for social workers. When ...
Fund report lacking, BBC show claims
An investigation by BBC news program Panorama into the misuse of Global Fund aid to Cambodia has claimed that the Fund “watered down” a report released last month, which exposed a network of corruption in Cambodia’s health sector. But Panorama, which obtained a leaked copy of the original ...
Daniel Pye
http://www.phnompenhpost.com/national/fund-report-lacking-bbc-show-claims
The rector versus the tycoon
The morning before the verdict was handed down at the Appeals Court on March 12, the mood among those working on the defence team for Heng Chheang and his wife Tep Kolap was almost optimistic. They, along with relatives of the couple and academics from Phnom ...
http://www.phnompenhpost.com/index.php/2012032355213/National-news/the-rector-versus-the-tycoon.html
UN envoy offers help with surrogacy laws
Visiting U.N. envoy Rhona Smith on Tuesday offered to help Cambodia draft its first laws on surrogacy, a ministry spokesman said. The special rapporteur on human rights in Cambodia, who arrived on Monday for a 10-day visit, met with Justice Minister Ang Vong Vathana to discuss ...
Khy Sovuthy
https://www.cambodiadaily.com/news/un-envoy-offers-help-surrogacy-laws-119167/
More than 2,000 diplomas to be handed out by PM
Prime Minister Hun Sen is scheduled to preside over the handing out of diplomas to more than 2,000 students graduating from the Royal School of Administration. ...
Khmer Times Staff
https://www.khmertimeskh.com/501093197/more-than-2000-diplomas-to-be-handed-out-by-pm/
Biofuel case stalls again; British defendant claims extortion
The trial of a British entrepreneur accused of fraud was delayed again at the Phnom Penh Municipal Court on Wednesday, while the defendant alleged he received an offer to buy his freedom for $1 million. ...
Matt Blomberg and Khuon Narim
https://www.cambodiadaily.com/news/biofuel-case-stalls-again-british-defendant-claims-extortion-100808/
Survey counts homeless youth
Cambodia’s seven largest urban centres are home to nearly 2,700 homeless adolescents who face numerous health and education-related obstacles, according to a new study by the Cambodian National Institute of Statistics, Columbia University and Friends International. ...
Cristina Maza
http://www.phnompenhpost.com/national/survey-counts-homeless-youth
Varying Degrees of Progress Shown in Development Report
The government has made “remarkable development progress” in successfully guiding the country through the global financial crash of 2008, ensuring economic stability and enabling the government to meet the Cambodian Millennium Development Goal on poverty reduction, Prime Minister Hun Sen said yesterday. Speaking at the launch ...
Third COVID-19 detected on British national
The Health Ministry yesterday announced the Kingdom’s third COVID-19 case detected in Cambodia. Minister Mam Bun Heng during a press conference last night said a 65-year-old British woman is now under quarantine at the Kampong Cham Provincial Referral Hospital. ...
Khuon Narim
https://www.khmertimeskh.com/50700374/third-covid-19-detected-on-british-national
Protesters not happy with ministry’s offer
Some 200 villagers from Koh Kong province in a longstanding dispute with the Koh Kong Sugar Industry Co Ltd were prevented by the capital’s Daun Penh district authorities from protesting at the home of Prime Minister Hun Sen on Wednesday. On Monday, the Ministry of ...
Kong Meta
https://www.phnompenhpost.com/national/protesters-not-happy-ministrys-offer
Britain eyes 5 bln USD trade volume with Cambodia by 2020: envoy
British Prime Minister’s Trade Envoy David Puttnam said Thursday that the country looked to boost bilateral trade volume with Cambodia to $5 billion by 2020. “The bilateral trade between the UK and Cambodia reached $1 billion last year and we expect the trade volume will hit ...
Global Times
http://www.globaltimes.cn/content/846621.shtml#.UxlBOD-Sylt
Med students furious over coming fee hike
Medical students are up in arms about a tuition hike that would double costs and prevent some from gaining their degree, they told the Post yesterday. The University of Health Sciences announced Friday that students wishing to pursue a specialty beyond the general medical degree would ...
Chhay Channyda
http://phnompenhpost.com/national/med-students-furious-over-coming-fee-hike
Accused British fraudster thrown out of court
A British businessman jailed for more than 2 1/2 years without conviction was removed from the Phnom Penh Municipal Court on the first day of his trial Wednesday after accusing the court of gross malpractice and threatening to walk out himself. ...
Matt Blomberg and Khuon Narim
https://www.cambodiadaily.com/news/accused-british-fraudster-thrown-out-of-court-95282/
Water Supply Shares Fall Below Launch Price
The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...
Deal inked for $19m biodiverse landscapes fund
The British Embassy Phnom Penh and the Secretary of State of the Ministry of Environment on Thursday signed a Memorandum of Understanding (MoU), formalizing cooperation on the UK’s Biodiverse Landscapes Fund (BLF) in Cambodia. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-deal-inked-for-19m-biodiverse-landscapes-fund