Hun Sen Asks Businesses to Serve Local Foods
Prime Minister Hun Sen yesterday reiterated comments made by government officials Tuesday that government institutions, hotels and restaurants should begin serving local cuisine and produce to generate more cash flow in the tourism sector. ...
Cambodia may present safer base for Taiwanese businesses
Cambodia is a promising target for Taiwanese entrepreneurs seeking cheap labor without risking the social unrest that has surged through Vietnam, according to an economics professor in Taiwan cited in our Chinese-language sister paper China Times. Riots have broken out in Vietnam against China’s oil rig ...
Hong Kai-yin, Huang Tsung-yuan, Tang Yu-lin and Staff Reporter
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140521000069&cid=1202
SME board possible this year
Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...
May Kunmakara
http://www.phnompenhpost.com/business/sme-board-possible-year
Mfone Employees Demand Unpaid Salaries
More than 100 former employees of the bankrupt mobile telephone company Mfone protested outside the firm’s shuttered offices in Phnom Penh yesterday, demanding that they receive salaries for working the month of February despite the company having already gone out of business. Mar Samoeun, 64, ...
Barriers remain for Southeast Asia’s economic integration plans
Efforts to integrate of Southeast Asia’s economies are beginning to bear fruit, experts say, although there is some way to go before the goal of turning the region into a single market and production base can be reached. ...
Ten Soksreinith
http://www.voacambodia.com/content/barriers-remain-for-southeast-asia-economic-integration-plans/3190571.html
FAO addresses rural poverty
The Food and Agriculture Organization of the United Nations (FAO), in cooperation with the Ministry of Agriculture, Forestry and Fisheries (MAFF) and the International Fund for Agricultural Development (IFAD), met yesterday to discuss strategies to address the vulnerabilities facing Cambodia’s small-scale farmers and landless poor. ...
Safiya Charles
http://www.khmertimeskh.com/news/26235/fao-addresses-rural-poverty/
New milestone for Cambodia and Vietnam bilateral trade
The two-day official state visit to the Kingdom, that started yesterday, by Vietnam’s new President Tran Dai Quang marks a new milestone for bilateral trade and investment between the two close neighbors that would also have a multiplier effect of attracting overseas capital into the ...
May kunmakara
http://www.khmertimeskh.com/news/26107/new-milestone-for-cambodia--and-vietnam-bilateral-trade/
MP dialogues focus on land
Villagers took an increasingly vocal stand on land issues during rare opportunities to speak with National Assembly members this past year, according to the National Democratic Institute. During the most recent town hall-style Constituency Dialogues, started by NDI in 2004 to promote contact between assembly members ...
http://www.phnompenhpost.com/index.php/2012100559126/National-news/mp-dialogues-focus-on-land.html
Neth Pheaktra: Ministry of Information to focus on institutional modernisation and media quality strengthening
Ministry of Information will focus on institutional modernisation, modern administration, and strengthening of quality of the country’s media through training and reinforcement of professional ethics in journalism. ...
Khmer Times Staff
https://www.khmertimeskh.com/501357131/neth-pheaktra-ministry-of-information-to-focus-on-institutional-modernisation-and-media-quality-strengthening/
World Bank in spotlight
As the World Bank considers supplying fresh loans to Cambodia, a new study uses the country as exhibit A for how the financier effectively sponsors corporate land grabs at the expense of the rural poor it purportedly helps. Three years ago, the bank’s own inspectors found ...
Laignee Barron
http://www.phnompenhpost.com/national/world-bank-spotlight
Agriculture issues ‘unresolved’
At the capital’s Peace Palace on Monday, Minister of Agriculture, Forestry and Fisheries Veng Sokhon led a delegation at a meeting with the Supreme Consultation Forum to discuss all issues under the ministry’s remit. Following the meeting, some council members expressed dismay that several of ...
Khorn Savi
https://www.phnompenhpost.com/national/agriculture-issues-unresolved
RUPP plans student swap with Texas school
The Royal University of Phnom Penh (RUPP) signed a memorandum of understanding (MoU) with Angelo State University (ASU) – located in the US city of San Angelo in the state of Texas – on October 25 to strengthen higher education cooperation, expand both institutions’ scope ...
Ry Sochan
https://www.phnompenhpost.com/national/rupp-plans-student-swap-texas-school
Unlicensed lenders called out
Officials have released a public statement warning against a rise in unlicensed lenders they say are dangerously operating outside Of Cambodian regulations and threatening financial stability. In a joint declaration from the Ministry Of Economy and Finance and the National Bank Of Cambodia on Monday, authorities ...
Hor Kimsay
http://www.phnompenhpost.com/business/unlicensed-lenders-called-out
Combating climate change through industrial efficiency
The TEST programme, which aims to fight the effects of climate change by helping corporations adopt efficient and environmentally friendly processes, was launched yesterday in Phnom Penh. ‘TEST’ stands for ‘transfer of environmentally sound technology’. ...
Sok Chan
https://www.khmertimeskh.com/50545686/combating-climate-change-through-industrial-efficiency/
PM asks ministries, institutions, and sub-national administrations to collaborate with the Ministry of Inspection and promote transparency
Dr. Hun Manet, Prime Minister of Cambodia, urged ministries, institutions, and sub-national administrations to collaborate with the Ministry of Inspection to enhance their work. ...
Standard forms aim for public bid transparency
The Ministry of Economy and Finance on Monday announced the release of standardised bidding forms for public contracts, a measure it said would increase transparency and accountability, though the opposition and Transparency International Cambodia offered more cautious assessments yesterday. According to a state media announcement, the ...
Stuart White
http://www.phnompenhpost.com/national/standard-forms-aim-public-bid-transparency
ADB: GDP to grow 7.1% in 2017
The latest report from the Asian Development Bank (ADB) describes Cambodia’s economic situation in 2016 as “broadly as expected,” as it predicts a slight increase in economic growth of 0.1 percent, to 7.1 percent. Released yesterday, the update to its annual “Asian Development Outlook” for 2016 ...
May Kunmakara
http://www.khmertimeskh.com/news/30245/adb--gdp-to-grow-7-1--in-2017/
PTT offers $960 mln to buy out Sakari to increase coal assets
Thailand’s top energy company, has offered to buy out Singapore-listed Sakari Resources Ltd for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel On Aug. 13, Sakari announced a joint venture with the Royal Group of ...
http://www.reuters.com/article/2012/08/27/sakari-ptt-idUSL3E8JR02420120827
PM: Ease debt load on flood victims
Prime Minister-designate Hun Sen on Thursday urged the National Bank of Cambodia (NBC) and the Ministry of Economy and Finance (MEF) to work with all microfinance institutions (MFIs) to find ways to ease debt burdens on those displaced from flooding in the Kingdom. ...
Hin Pisei
https://www.phnompenhpost.com/business/pm-ease-debt-load-flood-victims
Axiata to offer free Wikipedia for mobiles
AXIATA Group Berhad, parent company of local telecommunications provider Smart, and Wikipedia operator the Wikimedia Foundation announced a partnership to offer Wikipedia on mobile devices free of data charges to Axiata customers throughout Asia, a press release said. “Wikipedia is free as such already, but notwithstanding ...
http://www.phnompenhpost.com/2013032164545/Business/axiata-to-offer-free-wikipedia-for-mobiles.html