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Nonperforming microloans swell due to floods

Total outstanding loans in the microfinance sector reached $815.47 million in the third quarter, a 25.8 percent rise compared to beginning of the year, according to data released yesterday by the Cambodia Microfinance Association (CMA) Despite growth in the sector, microfinance institutions said nonperforming loans were ...

Public warned of online fraudsters’ romance scams

The Ministry of Interior’s information technology department has issued a warning concerning an online fraud called “Romantic Scam”, which it said has already claimed victims. ...

Long Kimmarita
https://www.phnompenhpost.com/national/public-warned-online-fraudsters-romance-scams

Over 100 tonnes of illegal items destroyed in K Speu

More than 100 tonnes of fake, expired and illegal products with banned chemical substances were destroyed on Thursday in Kampong Speu province on the orders of Interior Minister Sar Kheng. Kheng said the counterfeit products, which included food and beverages, were imported, mostly from the ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/over-100-tonnes-illegal-items-destroyed-k-speu

Cambodian PM says not to appoint capable children in posts

Cambodian Prime Minister Hun Sen said Wednesday that he could not appoint his children in the cabinet posts even though they were qualified. “I have five children and five children-in-law. All of them have possessed degrees ranging from bachelor’s degrees to doctorate’s degrees, but I cannot ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/06/c_133536466.htm

Belarus minister to inaugurate tractor plant next week

Belarusian Foreign Minister Vladimir Makei is to attend the inauguration of a tractor assembly in Cambodia next week, according to the Belarusian Telegraphic Agency. “There are plans to discuss a wide range of issues of the bilateral agenda with the emphasis on the prospects of ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NmI2MjQyOWVkMTI

Tax policy touch-ups for projects of financing deals

The General Department of Taxation (GDT) on January 31 instructed relevant ministries, institutions and taxpayers to sort out tax obligations concerning projects under memorandums of understanding (MoU) as well as grant and loan agreements, as per applicable laws, and submit records of potential tax implications ...

Nov Sivutha
https://www.phnompenhpost.com/business/tax-policy-touch-ups-projects-financing-deals

New research facility for infectious diseases in Asia unveiled in Cambodia

France’s Institut Pasteur du Cambodge on Tuesday inaugurated a new facility here for a regional research platform in Asia, focusing its research on infectious diseases in the region. Cambodian Health Minister Mam Bunheng, Vincent Deubel, director of the Institut Pasteur du Cambodge, and French Nobel Prize ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/health/2014-03/11/c_133177317.htm

Yazaki Opens Auto Parts Factory in Cambodia

Japanese auto parts maker Yazaki Corp. opened a wire harness factory in Cambodia on Monday, which President Yasuhiko Yazaki said will create about 600 jobs in the country immediately. The $24 million plant is in Koh Kong Province about 270 kilometers southwest of Phnom Penh. ...

http://www.pddnet.com/news/2012/12/yazaki-opens-auto-parts-factory-cambodia

PH to ink agriculture, food cooperation agreement with Cambodia

The Philippines’ Department of Agriculture (DA) is working on the details of a technical cooperation agreement with the Kingdom of Cambodia. Specifically, the agreement would promote technical cooperation and information exchange in food and agriculture, said DA Secretary Proceso Alcala, who met with Cambodian Agriculture Minister ...

Rappler.com News Staff
http://bit.ly/1aMBxIE

PH to ink agriculture, food cooperation agreement with Cambodia

The Philippines’ Department of Agriculture (DA) is working on the details of a technical cooperation agreement with the Kingdom of Cambodia. Specifically, the agreement would promote technical cooperation and information exchange in food and agriculture, said DA Secretary Proceso Alcala, who met with Cambodian Agriculture Minister ...

Rappler.com News Staff
http://bit.ly/1aMBxIE

Should Minimum Wage Be Market Driven or Government-Dictated?

Manufacturers and unions aligned with the ruling CPP yesterday said the current labor shortage inside the garment industry would act as an incentive for employers to increase salaries, and that there was no need for the government to impose a new minimum wage. During a meeting ...

http://www.cambodiadaily.com

JS Global (Cambodia) Brings in Korean Rice Milling Machines

JS Global (Cambodia), a Phnom Penh-based organization that aims to promote trade between Cambodia and other countries, is importing rice milling machines, manufactured by Dong Yang Industries. Dong Yang Industries, a Korean company established in 1955, has developed its own technology since 1990 to manufacture ...

http://www.etmcambodia.com/

Online media literacy forum gives youths digital savvy

The establishment of the Media & Information Literacy Network Cambodia (MIL-KH) is an important step towards providing problem-solving and critical thinking skills to young Cambodians to help them safely use digital communications, according to Oung Chanthol, executive director of the Women’s Media Centre of Cambodia ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/online-media-literacy-forum-gives-youths-digital-savvy

Tina unveils plans for ‘luxury’ produce

The Ministry of Agriculture, Forestry and Fisheries is promoting key production chains to boost exports of high-quality produce to international markets, according to minister Dith Tina. ...

Sem Pisei and Orm Bunthoeurn
https://www.phnompenhpost.com/national/tina-unveils-plans-luxury-produce

Pilot project to boost e-commerce for Kingdom’s SMEs

The Ministry of Commerce has launched Go4eCam, a pilot project that aims to realise the benefit of e-commerce for the nation’s small and medium-sized enterprises (SMEs), a sector that is currently playing an important role in the country’s economic growth. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50686950/pilot-project-to-boost-e-commerce-for-kingdoms-smes

Foreign investment brings Cambodia growth, new issues

Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...

http://www.voanews.com/english/news/asia/southeast/Foreign-Investment-Brings-Cambodia-Growth-New-Issues-130847333.html

MoEYS, KAPE, and Meta launch khmer digital literacy program syllabus to support ongoing initiative

Ministry of Education, Youth and Sport (MoEYS), Kampuchea Action to Promote Education (KAPE) and Meta came together to officially launch a Khmer Digital Literacy Programme (KDLP) resource pack highlighting specific modules to be introduced in New Generation Schools (NGS) and other public schools as part ...

Kiripost staff writers
https://kiripost.com/stories/moeys-kape-and-meta-launch-khmer-digital-literacy-program-syllabus-to-support-ongoing-initiative

Microfinance Deposits and Loans Grow

Outstanding loans among micro-credit institutions increased by 6.7 percent to $505.46 million in the second quarter of this year compared to the first quarter, figures from the Cambodia Microfinance Association show. According to the data, deposits held by Cambodia’s 27 microlenders grew by 33.2 percent ...

Ministries to Embark on Project With Microsoft

Technology giant Microsoft is expected to sign a memorandum of understanding with the Ministry of Education as well as the Ministry of Culture and Fine Arts to help build a free online Khmer-language database for users to translate documents between Khmer and other languages, a ...

Sek Odom
http://www.cambodiadaily.com/business/ministries-to-embark-on-project-with-microsoft-47964/

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