Cambodia's micro-lenders record 24 pct lending growth in Q1
Cambodia’s 35 microfinance institutions had lent 1 billion U.S. dollars to customers by the end of March this year, up 24 percent from 808 million U.S. dollars it lent at the end of last year, the data of Cambodia Microfinance Association (CMA) showed Wednesday. On the ...
http://www.asean-china-center.org/english/2013-05/03/c_132357476.htm
Cambodia's Free Trade Union offers minimum wage plan
In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers Association in Cambodia (GMAC) to come to the table and discuss a $120-per-month minimum wage. A few days after Cambodian Confederation of Unions ...
Bilateral investment treaties offer investment protection through arbitration
Bilateral Investment Treaties (BITs) are intra-state legal mechanisms which encourage foreign investment. This is particularly so as they provide foreign investors with Investor State Dispute Settlement (ISDS) mechanisms to enforce investment protections through international arbitration against the host state before a neutral tribunal. Cambodia has signed over ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTQ5ZWI5NTZjN2F
Digital platform for sustainable charcoal production in the works
An innovative digital platform for the government is being developed to promote the sustainable production and consumption of charcoal. It’s the work of the United Nations Development Programme (UNDP), which partnered with the Group for Environment, Renewable Energies and Solidarity (Geres), the Regional Community Forestry ...
Cambodia and Thailand edging closer to nuclear power
Step by step, Cambodia and Thailand are edging towards nuclear power generation as the region hunts for vast, stable power sources to fuel rapid development and improve the livelihoods of growing populations. ...
Tan Hui Yee
http://www.straitstimes.com/asia/cambodia-and-thailand-edging-closer-to-nuclear-power
Cambodia, France sign science and technology cooperation
Cambodia and France have reached an agreement on Science and Technology Cooperation under the framework of Hubert Currien “Tonle Sap” Partnerships. ...
Khmer Times Staff
https://www.khmertimeskh.com/501010555/cambodia-france-sign-science-and-technology-cooperation/
Cambodian, Chinese senior military officials pledge to advance ties
Cambodian and Chinese senior military officials on Monday vowed to deepen bilateral ties and cooperation for mutual benefits. The commitment was made during a meeting between Gen. Pol Saroeun, commander-in-chief of the Royal Cambodian Armed Forces ( RCAF), and Sun Jianguo, deputy chief of general staff ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-03/17/c_133192523.htm
Japanese firm plans Cambodian fund for later this year
Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...
ICT expo is planned for next month
An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...
http://www.phnompenhpost.com/2013060766122/Business/ict-expo-is-planned-for-next-month.html
China, Cambodia ink new economic pact
On March 25, China and Cambodia inked a memorandum of understanding (MoU) on cooperation in science and technology. The MoU, valid for 3 years, will see the Chinese side train Cambodian officials in science, technology and innovation. ...
Rui Hao Puah
http://thediplomat.com/2016/04/china-cambodia-ink-new-economic-pact/
Grow Asia to focus on value chain projects
Cambodia’s agricultural sector must improve post-harvest processing to increase the value of its products, while increased knowledge sharing could help farmers better understand the different value chains and identify opportunities, agricultural experts participating in the Grow Asia Forum said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/grow-asia-focus-value-chain-projects
Private schools to face tougher regulations
The Ministry of Education is drafting two sub-decrees on private educational institutions aimed at improving regulation of the nation’s vast body of private schools. The sub-decree on Organization and Management of Private Schools and sub-decree on Categorization of Private Schools have been sent to a range ...
Phorn Bopha
http://www.cambodiadaily.com/news/private-schools-to-face-tougher-regulations-60153/
Kingdom exports to Japan regain double-digit growth
The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...
Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-exports-japan-regain-double-digit-growth
Cambodia ‘ripe’ for money laundering
Cambodia is ripe for money-laundering and terrorist financing activities due to rampant corruption, banking-sector secrecy and an overall lack of financial transparency, a governance institute says in a report released this week. The Switzerland-based Basel institute on Governance has ranked Cambodia the third “highest-risk” country out of 144 ...
UDG to pay for damaged crops
A total of 13 out of 14 families locked in a land dispute with the Union Development Group in Koh Kong province on Tuesday accepted a compensation offer over crops destroyed by the company in January. Negotiations are also under way with the one family ...
Pech Sotheary
https://www.khmertimeskh.com/50500685/udg-to-pay-for-damaged-crops/
Thai banks offer joint loan to provider of microfinance in Cambodia
Three Thai banks – Siam Commercial Bank (SCB), TMB Bank (TMB) and Kiatnakin Bank (KKB) – together with Netherlands-based ING Bank have offered a syndicated loan of US$65 million (Bt2.2 billion) to PRASAC Microfinance Institution, the biggest microfinance provider in Cambodia. ...
Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Thai-banks-offer-joint-loan-to-provider-of-microfi-30263464.html
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/
Ministry offers public Wi-Fi to boosts tourism
The Ministry of Post and Telecommunications has opened Wi-Fi to the public at Ochheuteal and Otres beaches in Preah Sihanouk province to provide free internet service for both locals and foreign guests, aiming to enhance the tourism sector. ...
Samban Chandara
https://www.phnompenhpost.com/national/ministry-offers-public-wi-fi-to-boosts-tourism
Cambodia, France sign agreement for scientific cooperation
The Ministry of Education, Youth, and Sports and the French Embassy in Cambodia have signed an agreement for science and technology cooperation under the Huber Curien Tonle Sap Partnership, funded by the Innovation Research Fund, to support the initiative to develop or continue research projects ...
Khmer Times Staff
Interbank lending gains traction
The central bank’s efforts to foster development of an interbank lending market appears to be taking off as the demand for negotiable certificates of deposits (NCDs) increased sharply last year, with the financial tool seeing wider usage among the Kingdom’s financial institutions. ...
Hor Kimsay
http://www.phnompenhpost.com/business/interbank-lending-gains-traction