As Liquidation of Mfone Begins, Victims and Lawsuits Abound
As insolvency proceedings against bankrupt telecommunications firm Mfone begin, yet another company, Smart Mobile, has filed a court complaint to collect unpaid costs from the mobile operator, and the list of parties to have suffered from the firm’s collapse continue to grow. The Phnom Penh Municipal ...
Wrangling over wage may spur new unrest
Unions representing garment workers have pledged to reignite protests if the minimum wage for the industry is raised to only $115 next year, a sum they say was offered by the Garment Manufacturers Association in Cambodia during a meeting on Friday. The Labour Advisory Committee (LAC) ...
Mom Kunthear
http://www.phnompenhpost.com/national/wrangling-over-wage-may-spur-new-unrest
Cambodia Post Bank authorised to collect taxes
Cambodia Post Bank Plc achieved another significant milestone on Monday after the General Department of Taxation of Cambodia allowed the financial institution to collect taxes. ...
Post Staff
https://www.phnompenhpost.com/business/cambodia-post-bank-authorised-collect-taxes
Tourism board mulling fresh tourism strategy
Cambodia Tourism Marketing and Promotion Board, a joint institution between the government and the private sector, is studying a new strategy to attract more foreign visitors to the Kingdom, Minister of Tourism Thong Khon said. ...
Hin Pisei
https://www.phnompenhpost.com/business/tourism-board-mulling-fresh-tourism-strategy
Gov’t mulls green incentives
The Ministry of Environment said it is working to make eco-friendly and green technologies tax-free, in order to reduce the cost barriers associated with importing and implementing these technologies, such as the use of solar panels. Speaking at EuroCham’s Green Business Forum in Phnom Penh, Environment ...
Ananth Baliga
http://www.phnompenhpost.com/business/govt-mulls-green-incentives
DPM Dr. Hang Chuon Naron unveils priorities to promote public schools
The Deputy Prime Minister and Minister of Education, Youth, and Sports highlights priorities to advance the quality of public educational institutions under the 7th mandate government leadership. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353577/dpm-dr-hang-chuon-naron-unveils-priorities-to-promote-public-schools/
Japan Loans over $53 Million to Improve Agriculture and Education
Cambodia will receive a concessional loan package of $53.3 million US dollars from Japan to restore the irrigation canal system and another $700,000 dollars grant aid to enhance education materials for minerals resources and topology department of the Institute of Technology of Cambodia (ITC), the ...
Education Ministry Gets Donation of IT Supplies
The European Union, Unicef and the Embassy of Sweden on Friday donated information technology (IT) supplies worth about $500,000 to the Ministry of Education, Youth and Sport to enhance communication and administrative work, officials said. A total of 96 district education offices, 24 provincial education offices ...
Sek Odom and Denise Hruby
http://www.cambodiadaily.com/news/education-ministry-gets-donation-of-it-supplies-48231/
MoH issues guidelines to prevent e-cigarettes use
Concerned over the rising use of e-cigarettes and heated tobacco products (HTPs) among Cambodian youth and the health risks these products pose, the Ministry of Education on Friday issued guidelines to prevent the sale and use of these products in public and private educational institutions. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/501101486/moh-issues-guidelines-to-prevent-e-cigarettes-use/
Bank ordered to replace its logo
ACLEDA Bank, Cambodia’s largest bank in terms of assets, will have to shell out millions in the next three weeks to comply with a Council of Ministers decision last Friday that the private financial institution must redesign and replace its logo on all company materials ...
Hor Kimsay
http://www.phnompenhpost.com/business/bank-ordered-replace-its-logo
Country’s first Japanese news website launched
Thmey Thmey online news website on Wednesday launched a Japanese-language version of the site to help illuminate the world of Cambodian politics and business for Japanese residents here, as well as those considering relocating or investing in the country. The news site, which was set up ...
Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/countrys-first-japanese-news-website-launched-58743/
Japan Helps Cambodia Despite Difficulties
Japan on August 15th loaned Cambodia a package of US$ 53.3 million for the West Tonle Sap Irrigation and Drainage Improvement and a grant aid of US$ 0.7 million to improve education equipment of the Department of Geo-Resources and Geotechnical Engineering of the Institute of ...
National Bank of Cambodia announces $50 million auction tomorrow
The National Bank of Cambodia has issued a notice to banks, microfinance institutions and exchange traders to participate in the auction of US $50,000,000 for October 12, 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/50949491/national-bank-of-cambodia-announces-50-million-auction-tomorrow/
NBC heralds eco-friendly investment fund
The National Bank of Cambodia (NBC), the central bank, welcomed the Bank for International Settlements’ (BIS) February 25 launch of the Asian Green Bond Fund, an open-ended fund for central bank investments in high-quality bonds issued by sovereign states, international financial institutions and corporations. ...
https://www.phnompenhpost.com/business/nbc-heralds-eco-friendly-investment-fund
Central Bank puts 40B riel up for bid in LPCO
The National Bank of Cambodia (NBC) yesterday held its second Liquidity-Providing Collateralised Operation (LPCO), making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 8.4 billion riel ($2.07 million). ...
Post Staff
http://www.phnompenhpost.com/business/central-bank-puts-40b-riel-bid-lpco
Sok An’s roles distributed: PM
Prime Minister Hun Sen announced yesterday that some institutions under the control of the late Deputy Prime Minister Sok An, who was also head of the Council of Ministers, are being moved to relevant ministries, refuting the comments an official had made the day before. ...
May Titthara
http://www.khmertimeskh.com/news/36797/sok-an---s-roles-distributed--pm/
Public and private educational institutions in Phnom Penh to be shuttered from November 10-12, 2022
The Ministry of Education, Youth and Sports has announced the temporary suspension of public and private educational institutions at all levels in Phnom Penh from November 10-12, 2022 to reduce traffic congestion for the people and facilitate the movement of numerous VVIP convoys for the ...
Khmer Times Staff
https://www.khmertimeskh.com/501149843/public-and-private-educational-institutions-in-phnom-penh-to-be-shuttered-from-november-10-12-2022/
Cambodia seeing a solar surge as prices drop
Cambodia is lighting up with solar power as international politics gluts the world market with inexpensive equipment options, according to industry insiders. The lowering or complete end of subsidies for US, European and Australian firms, along with China’s backing of the renewable energy sector, has seen ...
Student housing falls short in quality, livability and safety
Living in a compact space is just a part of university life, especially for students who come from the provinces to study in Phnom Penh. While the city keeps building an abundance of international-standard complexes, almost none of these are realistic choices for students, many ...
Natalie Leung and Catherine Harry
http://www.phnompenhpost.com/real-estate/student-housing-falls-short-quality-livability-and-safety