Microfinance up on agriculture advance
The Kingdom’s growing agricultural sector is leading to more loans and deposits at microfinance institutions. The small-scale lenders also credit the boost in Cambodia’s agro-industry for declining non-performing loans rates. The MFI’s lending totalled $51 million to 4,900 borrowers at the end of June, whiles ...
Construction Investment – Cambodia
Construction investment rises sharply Investment in construction in the Kingdom during the first nine months of this year rose 83.6 per cent, according to data from Ministry of Land Management Urban Planning and Construction last week. The data showed that during the first nine months of ...
http://www.cbre.com.kh/2012/11/construction-investment-cambodia/
IT Firm Sues Thaicom Over Mfone Ownership
Thai information technology firm Infobahn Co. Ltd. has filed a lawsuit against telecommunications conglomerate Thaicom Public Company Ltd. for breaching an agreement made last year to sell 41.14 percent of its shares, a deal that also includes a 51 percent stake in the Cambodian mobile ...
Chroy changvar bridge to close for repairs
The Cambodia-Japan Friendship Bridge will close for repairs early next year after structural damage was discovered last year, City Hall announced yesterday. City Hall spokesman Mean Chanyada said: “We will close the bridge for 22 months to make repairs starting from early January 2017.” ...
Ven Rathavong
http://www.khmertimeskh.com/news/28345//
The arrival of the stock market and its implications
It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...
S&P reaffirms rating despite political worry
Cambodia has retained its B credit rating despite ratings company Standard & Poor’s citing the country’s ongoing political standoff as a “major” constraint. S&P affirmed Cambodia’s B/B credit rating last week, labeling the country as having a strong and stable long-term and short-term outlook. Engagement of international ...
Eddie Morton
http://www.phnompenhpost.com/business/sp-reaffirms-rating-despite-political-worry
CARDI raises climate change concerns in report
A report from the Cambodia Agriculture Research and Development Institute (CARDI), a semi-autonomous organisation, showed that 83 per cent of farmers surveyed in Kampong Speu, Kampot and Kampong Cham provinces had noticed the effects of climate change. ...
Kali Kotoski and Sorn Sarath
http://www.phnompenhpost.com/national/cardi-raises-climate-change-concerns-report
Spirits high after NBC’s prakas on capital rules
The National Bank of Cambodia’s (NBC) recent two-pronged prakas on capital buffers and the capital adequacy ratio (CAR) of banking and other deposit-taking institutions, which aims to provide a clearer classification system for assets, is poised to strengthen the industry and enhance risk resilience, local ...
May Kunmakara |
https://www.phnompenhpost.com/business/spirits-high-after-nbcs-prakas-capital-rules
Education ministry wants bachelor’s degrees for all teachers
The Education Ministry will organize a training course and study programs that will give all of the country’s teachers access to bachelor’s degree programs by 2020, officials said yesterday. ...
Ven Rathavong
http://www.khmertimeskh.com/news/17961/education-ministry-wants-bachelor---s-degrees-for-all-teachers/
MFI lending continues on course
Cambodia’s microfinance sector continued to expand rapidly during the first half of the year, despite concerns over rising default rates as the industry’s main borrowers – provincial farmers – struggle to repay their loans after successive seasons of drought and poor harvests. ...
Hor Kimsay
http://www.phnompenhpost.com/business/mfi-lending-continues-course
Land Issues Are Dominating Talks Between Citizens, Lawmakers
Land conflicts, discrimination, corruption and inequality dominated discussions between citizens and lawmakers at forums across the country this year, according to the U.S.-based organization the National Democratic Institute (NDI). In its annual report, obtained yesterday, the NDI noted “significant consistencies in the concerns facing Cambodians across ...
Battambang university to host national library branch on campus
A large national library on the campus of the National University of Battambang (NUBB) in Battambang province will be inaugurated next month to let students conduct more research on subjects and technical skills in areas such as agriculture and technology. ...
Nov Sivutha
https://www.phnompenhpost.com/national/battambang-university-host-national-library-branch-campus
Nationwide tech centres to boost digital learning
The Ministry of Post and Telecommunications has entered into a memorandum of understanding (MoU) with the Ministry of Education, Youth and Sport to set up community technology centres in state high schools nationwide, aiming to further advance digital education. ...
Chea Sokny
https://www.phnompenhpost.com/national/nationwide-tech-centres-boost-digital-learning
Tata moves in on agriculture
India-based Tata International Ltd announced yesterday that it would import and distribute its Farmtrac Tractors in Cambodia to profit from the country’s growing agricultural sector. Speaking at the launching ceremony at the Koh Pich exhibition centre, Jitendra Manghinani, country manager of Tata South East Asia (Cambodia), ...
Hor Kimsay
http://www.phnompenhpost.com/business/tata-moves-agriculture
Ministry ups mental health centres
The Health Ministry has published a list of more than 400 health centres offering treatment for mental disorders and drug abuse, including their locations and contact numbers. The ministry expanded its outreach efforts to address mental health issues and drug abuse in public health facilities ...
Sen David
https://www.khmertimeskh.com/50575069/ministry-ups-mental-health-centres-2/
SME Bank ‘must relax its criteria for loans’
THE President of the Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) Te Taingpor has requested the SME Bank of Cambodia and participating financial institutions to extend the payment period of the SME Co-Financing Scheme from four to six years and take ...
Sok Chan
https://www.khmertimeskh.com/50720985/sme-bank-must-relax-its-criteria-for-loans/
Banks and FI loan restructuring extended until mid-2021
The National Bank of Cambodia (NBC) will allow banks and financial institutions to continue loan restructuring until mid-2021, according to a letter sent to the Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) last week. ...
Sok Chan
https://www.khmertimeskh.com/50785076/banks-and-fi-loan-restructuring-extended-until-mid-2021/
Hun Many calls for rigor in civil service recruitment drive
Hun Many, Minister of Civil Service has called for the review of the structure and function of ministries, institutions, and subnational administrations to address uncertain or redundant tasks and responsibilities. ...
Torn Vibol
https://www.khmertimeskh.com/501501063/hun-many-calls-for-rigor-in-civil-service-recruitment-drive/
ADB funds $361.4m for six projects in Cambodia
Six projects worth $361.4 million have been signed in order to boost science, technology, engineering, and mathematics (STEM) education, and other sectors in Cambodia. ...
Mao Sreypich
https://kiripost.com/stories/adb-funds-3614m-for-six-projects-in-cambodia
French agency to offer loans for solar panels
The French Development Agency (AFD) confirmed Wednesday that it will sign $6 million worth of loan agreements with three microfinance institutions (MFIs) to help rural households purchase solar panels and electricity. ...
Kang Sothear
http://www.cambodiadaily.com/business/french-agency-to-offer-loans-for-solar-panels-71345/