BRI projects not to lead Cambodia into debt trap
The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/
Agriculture players can tap into new loan system
The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...
Yatt Malai
https://kiripost.com/stories/agriculture-players-can-tap-into-new-loan-system
Businesses urged to prioritise riel for salary payments
The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...
Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments
State borrowing may spike
Cambodia’s draft budget law for 2012 will seek to increase concessional borrowing by about 75 per cent compared to 2011, according to a copy of the draft obtained by the Post. A lack of aid commitment may have led to the increase in proposed borrowing, experts ...
Graduates not up to scratch: report
Cambodia’s tertiary system is not producing enough of the right type of graduates to meet the economy’s demands, says a report launched by the World Bank last week. The 222-page report, titled “Putting Higher Education to Work”, states that “quantity gaps are particularly strong in ...
Graduate convicted for bomb threat; sentence cut
The Siem Reap Provincial Court last week convicted Tao Savoeun, 26, of threatening to kill Interior Minister Sar Kheng at a graduation ceremony but will only require him to serve one month of his 15-month prison sentence, meaning he should be released within days.Mr. Savoeun, ...
Mech Dara
https://www.cambodiadaily.com/news/graduate-convicted-for-bomb-threat-sentence-cut-98225/
Program aims for safer workplaces for women
A new program launched yesterday has its sights set on ending the endemic problem of sexual harassment against women in the workplace. A ceremony at the Hotel Cambodiana marked the start of Safe Workplaces, Safer Communities, a project run by CARE Cambodia. The three-year program, which will ...
Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/program-aims-safer-workplaces-women
Gov’t rejects 4 human rights recommendations
Cambodia on Thursday rejected four recommendations for improving its human rights situation that it initially accepted earlier this year during its second universal periodic review at the U.N. Human Rights Council in Geneva. It also “noted” 38 recommendations—meaning it has not committed to implementing them—some relating ...
Lauren Crothers
http://www.cambodiadaily.com/news/govt-rejects-4-human-rights-recommendations-62584/
Ministry of Culture participates in the ASEAN-Korea Music Festival Committee Meeting
Kong Sothearith, Deputy Director General of the ASEAN Department of the Ministry of Culture and Fine Arts, and So Sranos, Music Teacher of the Royal University of Fine Arts and Member of the National Representative Committee, attended the 2023 ASEAN-Korea Music Festival Committee Meeting from ...
Khmer Times Staff
https://www.khmertimeskh.com/1337461/ministry-of-culture-participates-in-the-asean-korea-music-festival-committee-meeting/
Cambodia in need of qualified librarians, says official
Mao Kolap, vice-president of Cambodian Librarian Associations, said yesterday that Cambodia requires more qualified librarians to match the standards of advanced libraries in other Asean countries. According to a report by the Cambodian Library Association, there are only three graduated librarians, while there are 400 ...
Torn Vibol
https://www.khmertimeskh.com/501194185/cambodia-in-need-of-qualified-librarians-says-official/
Fund raising: Kingdom may borrow more in 2012
Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...
Prasac seeks commercial bank status
PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...
Investment needed to reach rice goal: experts
More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...
Buying property by installment on the increase
The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...
Thailand, Cambodia mull joint business, trade body
Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment. The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of ...
http://www.pattayamail.com/news/thailand-cambodia-mull-joint-business-trade-body-23289
Land activist to be released
Outspoken land activist Kuch Veng will regain his freedom in 15 days after the Pursat provincial court yesterday handed down a guilty verdict with a one-year sentence, then suspended nearly three quarters of that term. Veng has been in prison since May 19 on charges of ...
http://www.phnompenhpost.com/national/land-activist-be-released
Rainsy says CNRP doesn’t recognize newly-formed government
The opposition Cambodia National Rescue Party (CNRP) leader Sam Rainsy on Wednesday said that the CNRP doesn’t recognize the newly-formed government of Prime Minister Hun Sen. Speaking at a news conference, he urged all international communities and countries of the Paris Peace Agreement to condemn “this ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NDAyMDdiZDljZDY#sthash.hG32ZEwp.dpuf
China provides mine clearance training to Cambodian soldiers
A team of 12 Chinese military experts on Thursday started offering a six-week mine clearance course to 52 Cambodian peacekeeping force. The training is being held at the Institute for Peacekeeping Forces, Mine and Explosive Remnants of War Clearance. According to the Cambodian Mine Action Authority, ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131205/china-provides-mine-clearance-training-cambodian-soldiers
Kratie land dispute goes on
Hundreds of families from Kratie province’s Snuol district who were promised new plots of land after a Vietnamese rubber firm evicted them last month have complained that provincial officials are allowing hundreds of interlopers to stake a claim instead. The 405 families were evicted from the ...
May Titthara
http://www.phnompenhpost.com/national/kratie-land-dispute-goes
Prey Speu tales conflict
Following last week’s street sweep, children as young as 7 years old were kept in Phnom Penh’s notorious Prey Speu social affairs centre, eyewitnesses, staff and those targeted by the initiative have told the Post, directly contradicting government denials offered earlier this week. Standing at the centre’s ...
Alice Cuddy and Sen David
http://www.phnompenhpost.com/national/prey-speu-tales-conflict