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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 ...

http://www.phnompenhpost.com/index.php/2012030254816/Business/prasac-seeks-commercial-bank-status.html

FAO gives policy recommendations in response to dire farming warning

The United Nations Food and Agriculture Organisation (FAO) has said the country’s economically crucial agriculture sector must implement a raft of new measures to combat escalating natural disasters that are threatening Cambodian crops and livestock. ...

Harrison White
https://www.khmertimeskh.com/50730610/fao-gives-policy-recommendations-in-response-to-dire-farming-warning/

Groups Demand Mandatory Minimum Wage, Threaten Protest

About 100 people, including 20 monks, held a ceremony in Phnom Penh on Friday in memory of the five people killed a week beforehand when military police opened fire on protesting garment workers, and demanded that the government introduce a mandatory, sector-wide standard minimum wage. In ...

Khy Sovuthy and Lauren Crothers
http://www.cambodiadaily.com/news/groups-demand-a-mandatory-minimum-wage-threaten-to-protest-50428/

Securities and Exchange Commission will regulate the Stock Exchange

The laws and regulations that govern Cambodia’s securities market were derived from the Objectives and Principles of the International Organization for Securities Commissions (IOSCO) and the best practices in the region, according to Dr. Ming Bankosal, Director General of the SECC. the SECC which ...

http://www.phnompenhpost.com/index.php/Special-Reports/securities-and-exchange-commission-will-regulates-the-stock-exchange.html

Guidelines finalized for child workers in fisheries sector

The government on Friday finalized guidelines aimed at reducing the number of children who work in the fisheries sector and do not attend school, the Min­istry of Agriculture and Fisheries and the NGO World Vision said in a statement. World Vision said the guidelines, which it ...

Denise Hruby
http://www.cambodiadaily.com/news/guidelines-finalized-for-child-workers-in-fisheries-sector-54260/

Minister of Education supports TVET modernization

The Ministry of Education, Youth, and Sports supports the initiatives by the Ministry of Labour and Vocational Training to modernise the Technical and Vocational Education Training (TVET). ...

Khmer Times Staff
https://www.khmertimeskh.com/501508574/minister-of-education-supports-tvet-modernization/

Gov’t orders halt to Koh Pich expansion

The owner and developer of Koh Pich in Phnom Penh has been ordered by the government to scale back its expansion of the island, according to the Ministry of Water Resources and Meteorology. According to a statement posted to the ministry’s website on Wednesday, the Overseas ...

Mech Dara
http://www.cambodiadaily.com/news/govt-orders-halt-to-koh-pich-expansion-60029/

Misconceptions an obstacle to contraception use: study

The greatest obstacle to increased contraception use in Cambodia isn’t the price of birth control or the social stigma around using it, a new study has found, it is fear of side effects. What’s more, this fear may arise from the many disparate medical systems operating ...

Cristina Maza
http://www.phnompenhpost.com/national/misconceptions-obstacle-contraception-use-study

Gaps persist in laws protecting kids: UN

A draft United Nations Office on Drugs and Crime (UNODC) report released at a workshop on Monday praises efforts to crack down on sexual abuse Of children but calls for measures to curb child pornography.​​ ...

Martin de Bourmont and Kong Meta
http://www.phnompenhpost.com/national/gaps-persist-laws-protecting-kids-un

Toyota to import used cars

Toyota Cambodia unveiled plans yesterday to add second-hand vehicles to its showroom in response to consumer preference for less expensive cars and a competitive grey market full of unauthorised dealers. Kong Nuon, chairman of Toyota Cambodia, the country’s largest car dealer, said that while demand for ...

http://www.phnompenhpost.com/business/toyota-import-used-cars

Mitr Phol families petition for land

Villagers who have lost their land first to a Thai sugar company supplying Coca-Cola and then to a military unit in Oddar Meanchey province’s Samroang district yesterday petitioned the Agriculture Ministry to ask for it back. ...

May Titthara
http://www.phnompenhpost.com/national/mitr-phol-families-petition-land

Wage talks remain in deadlock

The third day of negotiations between members of a working group trying to reach a consensus on the minimum monthly garment wage remained stagnant yesterday, as manufacturers refused to budge from their $110 offer. ...

Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/wage-talks-remain-deadlock

Tong Yang to Underwrite Bonna Realty IPO

More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...

Scant proof found of illegal logging: official

Following an investigation of alleged illegal logging by Vietnamese Company 72 in Ratanakkiri’s O’Yadav district forests yesterday morning, provincial Forestry Administration officials claimed nothing seemed awry. Four villagers patrolling the forest at the border of Vietnam reported they had seen six Vietnamese loggers with two tractors, ...

http://www.phnompenhpost.com/national/scant-proof-found-illegal-logging-official

Elderly deaths in ‘HIV village’

The death toll is increasing in Battambang’s Roka commune, which has been plagued by a massive HIV outbreak, as health officials confirmed yesterday that two more HIV-positive villagers succumbed to illnesses despite undergoing antiretroviral treatment (ART). The two elderly women, aged 74 and 75, died on ...

Sarah Taguiam
http://www.phnompenhpost.com/elderly-deaths-hiv-village

Forest rangers praised for hard work

Minister of Environment Say Sam Al thanked and praised forest rangers on Tuesday for protecting natural resources and in turn aiding the sale of carbon credits. Sam Al was visiting rangers atop Mrech Kangkeb Mountain in Koh Kong province’s Thma Bang district when he made ...

Voun Dara
https://www.phnompenhpost.com/national/forest-rangers-praised-hard-work

Expert warns of ‘debt-trap’ ahead of Cambodian PM visit to China Belt and Road Forum

Overdependence, coupled with loans and the cost of maintaining infrastructure, could leave Cambodia in a “debt trap” to China, an expert said Tuesday, as Cambodia’s Prime Minister Hun Sen prepares to attend a summit in Beijing on Chinese President Xi Jinping’s sweeping Belt and Road ...

Joshua Lipes
https://www.rfa.org/english/news/cambodia/trap-04232019163513.html

Minister to kids: Study digital technology skills

The Minister of Posts and Telecommunications Chea Vandeth issued a formal letter on October 18 appealing to students who are taking the upcoming high school diploma exam to focus on learning digital skills. ...

Vann Sak
https://www.phnompenhpost.com/national/minister-kids-study-digital-technology-skills

School for autistic students to vacate NBIC to make room for the disabled

The Ministry of Social Affairs, Veterans and Youth Rehabilitation has told The Rabbit School, a local NGO that educates autistic students, to move its operations from government-run National Borei for Infants and Children (NBIC) to a new premise, school director Hun Touch said. The ministry’s ...

Khorn Savi
https://www.phnompenhpost.com/national/school-autistic-students-vacate-nbic-make-room-disabled

Government and FAO push for zero hunger

The government and the United Nations’ Food and Agriculture Organisation have committed to eradicating hunger in Cambodia by 2030. The commitment was made yesterday at an event to mark World Food Day 2018 in Kampong Cham province’s Stung Trang district. ...

Sen David
https://www.khmertimeskh.com/50541166/government-and-fao-push-for-zero-hunger/

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