IFC offers Acleda Bank $50M for SME lending
The International Finance Corporation (IFC) will provide a $50 million syndicated loan to Acleda Bank to boost lending to small and medium enterprises, of which at least half will support women-owned enterprises, it said yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/ifc-offers-acleda-bank-50m-sme-lending
As deadline passes, Borei Keila residents reject final offer
A deadline for a group of Borei Keila residents to accept compensation or leave their homes with nothing passed on Friday, with none of the residents agreeing to move to a resettlement site, and authorities saying they have no right to remain, but with no ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/deadline-passes-borei-keila-residents-reject-final-offer
'Gender Cafe' Offers Women a Place to Express Themselves
Busy juggling jobs, children, and housework, Cambodian women do not have the time, or platforms, to discuss bigger women-related issues like abuse, migration and forced eviction. And that is why a new initiative, called “Gender Cafe,” aims to change that by giving local women a ...
China offers Cambodia $53 mln to develop water resources
Chinese Premier Wen Jiabao pledged RMB 329 million ($53 million) in assistance to Cambodia on Sunday during a meeting with Prime Minister Hun Sen, a Cambodian official said. Ieng Sophalet, an assistant to Hun Sen, told reporters that the grant would be used for water resource ...
Hun Sen Offers ‘Back Pay’ to Ousted Opposition Lawmakers
Prime Minister Hun Sen has offered to pay back the lost salaries of opposition lawmakers who were stripped of their parliamentary posts in June by the then CPP-led National Assembly, a CNRP official said. The offer to back-pay the 27 lawmakers from the Sam Rainsy Party ...
Colin Meyn
http://www.cambodiadaily.com/elections/hun-sen-offers-back-pay-to-ousted-opposition-lawmakers-42679/
Land dispute families turn down offer of new apartments
Three families involved in a bitter land dispute with a powerful land developer in Phnom Penh’s Tuol Kok district on Monday rejected City Hall’s offer of new housing, saying the apartments being offered were far too small. They also said they planned to file a complaint ...
Sek Odom
http://www.cambodiadaily.com/news/land-dispute-families-turn-down-offer-of-new-apartments-54868/
Judge’s past offers little hope for real reform
In the highest-profile sacking since Prime Minister Hun Sen promised to rid the government of corruption after the CPP’s shock losses in the July 2013 election, the Phnom Penh Municipal Court’s chief judge was removed this week amid claims that millions of dollars had reversed ...
Alex Willemyns and Khy Sovuthy
https://www.cambodiadaily.com/news/judges-past-offers-little-hope-for-real-reform-78371/
With Election on the Horizon, Politicians Defend Land Policies
Cambodian politicians have begun a public campaign to defend their records on land policies, as they prepare for the run-up to July elections. Politicians from the ruling Cambodian People’s Party, as well as the opposition Sam Rainsy and Human Rights parties, have said they will give ...
Tales of intimidation
When activists Mom Sakin and Sorn Siyan took a stand against illegal logging in Kratie province last month, they were allegedly threatened with violence and lawsuits from officials. “Powerful people who wanted to intimidate us shot their guns into the air to prevent us from going ...
http://www.phnompenhpost.com/2013050165357/National/tales-of-intimidation.html
Banking sector grows
The global economic recovery this year continues to benefit Cambodian banks, although insiders said yesterday macro-economic press-ures were still weighing on the industry. Some of Cambodia’s biggest banks had enjoyed a strong 2011 thanks to a rebound in lending, deposits and profits, officials said. Economists, ...
http://www.phnompenhpost.com/index.php/2011070550175/Business/banking-sector-grows.html
Villagers Still in the Dark About Lower Sesan Hydropower Dam
Thousands of villagers who will lose their land to the construction of the Lower Sesan 2 dam in Stung Treng province later this year have not been told of the government’s plans for their resettlement and compensation, a new study released yesterday shows. Through interviews with ...
Top Hotels Fully Booked Ahead of East Asia, Asean Summits
Visitors hoping to stay in Phnom Penh’s top hotels in the coming days will have to seek shelter elsewhere, as the city’s most sought after rooms are booked solid for the East Asia and Asean summits, hoteliers said yesterday. “We are completely full during the ...
Real Estate Mondays launches
A group of local property agents has initiated a monthly gathering for real estate professionals and those interested in the industry to meet and share business ideas and industry insights. The first of the monthly gatherings, known as Real Estate Monday, was held this week at ...
http://www.phnompenhpost.com/index.php/Real-Estate/real-estate-mondays-launches.html
Another Military Official Accuses Opposition Party of Causing Chaos
General Neang Phat has become the second senior military official to wade into the current political impasse between Prime Minister Hun Sen’s CPP government and the CNRP, accusing the opposition party of trying to destabilize the country, according to a local media report. Gen. Phat, who ...
Khy Sovuthy
http://www.cambodiadaily.com/news/another-military-official-accuses-opposition-party-of-causing-chaos-51101/
More than 100 prisoners in Cambodia receive royal pardons for Water Festival
More than 100 prisoners in Cambodia have received royal pardons and hundreds more have seen their sentences reduced under King Norodom Sihamoni’s traditional Water Festival clemency, a local English newspaper reported Wednesday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-11/25/c_134852762.htm
Cambodia to issue new 100,000-riel banknote featuring royal family pictures
Cambodia will launch a new 100,000-riel banknote (in equivalent to 25 U.S. dollars) in order to celebrate the sixtieth birthday of King Norodom Sihamoni on May 14, a central bank official said Wednesday. A sub-decree on the issuance of the new 100,000-riel banknote was signed ...
http://news.xinhuanet.com/english/world/2013-05/08/c_132368449.htm
Malaysian PM Mahathir hails Kingdom’s prosperity
Malaysian Prime Minister Mahathir Mohamad on Monday hailed Cambodia’s prosperity, praising its “hard-working” and “skilful” people for rebuilding the Kingdom. The 94-year-old leader was speaking to university students, government officials and diplomats at the Royal university of Phnom Penh as he began a three-day visit, ...
Niem Chheng
https://www.phnompenhpost.com/national/malaysian-pm-mahathir-hails-kingdoms-prosperity
Macau To Cambodia Route ‘In Negotiation’
A new air route may connect Macau and Cambodia this year, a move industry experts say would reduce travel costs in the region and reflects tourist interests in both destinations’ gambling industries. Several airlines are in contact with CAM, Macau International Airport Co, “seeking to launch ...
http://www.phnompenhpost.com/2013050865475/Business/macau-to-cambodia-route-in-negotiation.html
Sandwiched between cultures
It was not her degree in finance and banking that encouraged Keo Sopheap to start her own business. It was her sister’s marriage to an American that introduced her to foreign fast food. Now Sopheap owns a sandwich shop in Phnom Penh. Sopheap, a Norton ...
http://www.phnompenhpost.com/index.php/2012090358438/Business/sandwiched-between-cultures.html
Villagers’ Farmland Privatized for Military Use
3,800 hectares of forest in Oddor Meanchey province have been privatized for use by the Royal Cambodian Armed Forces (RCAF). Families are facing eviction and the loss of their land after the seizures though some of the land was originally designated state public property. The ...