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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

Press release on Japan to offer grant to expand water supply system

On 22 February 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release on Japan to offer grant to expand water supply system.His Excellency PRAK Sokhonn and His Excellency TAKEI Shunsuke will sign the Exchange of Notes on the extension of Japanese ...

Ministry of Foreign Affairs and International Cooperation

Download: pdf

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

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

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

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/

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/

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

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

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

Foreign Radio Broadcasts Banned Ahead of Election

The Ministry of Information has banned the broadcast of all Khmer-language programs by foreign radio stations for the entire 31 days of the pre-election campaign period and on election day, July 28, warning that legal action will ensue if stations fail to comply. The ban, announced ...

http://www.cambodiadaily.com/elections/foreign-radio-broadcasts-banned-ahead-of-election-32648/

IMF Calls on Cambodia to Broaden Tax Base

.Cambodian government must rise its tax revenue intake if it to stay on a sustainable path toward development, International Monetary Fund officials have said. Although Cambodia is experiencing increased growth in trade and investment, the country should broaden its tax base to create sustainable revenue collection, a ...

http://www.cambizreview.com/

Warning for illegal MFIs

The governor of the National Bank of Cambodia hit out at unlicensed microfinance institutions or lenders, who he said were the reason why interest rates in the sector were high, despite interest rates falling among registered lenders. ...

May Kunmakara
http://www.phnompenhpost.com/business/warning-illegal-mfis

Tougher ELC oversight pledged

In what is the government’s latest pledge to hold tycoons and foreign investors to account for their business practices, the Ministry of Environment will begin assessing existing and proposed economic land concessions (ELCs), cancelling or rejecting those that have negative social or environment impacts, a ...

May Titthara
http://www.phnompenhpost.com/national/tougher-elc-oversight-pledged

Court Enforces Injunction Against Mfone

A court official on Friday agreed to implement an injunction to freeze the assets of bankrupt telecommunications firm Mfone Co. Ltd., according to a lawyer in the case. The Phnom Penh Municipal Court issued the injunction against Mfone on January 17, after Huawei Technologies Co. Ltd. ...

http://www.cambodiadaily.com

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