Microcredit, a ‘double-edged sword’ strategy for migration
In Cambodia, as credit becomes increasingly available, more people are taking loans from microfinance institutions to help with migration.As of June 2015, microfinance institutions lent more than $2 billion, compared to $1.6 billion dollars in 2014, according to the Cambodia Microfinance Association. ...
Ten Soksreinith
http://www.voacambodia.com/content/microcredit-a-double-edged-sword-strategy-for-migration/2979173.html
Tycoon senator opens up on Thai power deal
Cambodia’s electricity generation reached 2.714 billion kilowatt hours last year, of which 1.851 million KWh was generated by hydro dams and 863.02 million KWh by coal-powered plants. Household access to electricity rose 18.8 percent, compared to 2013, according a report from Cambodia’s Electricity Authority. ...
May Kunmakara
http://www.khmertimeskh.com/news/19173/tycoon-senator-opens-up-on-thai-power-deal/
Geopacific strikes gold
Geopacific Resources this week announced the discovery of new gold deposits within its Kou Sa project, located in prospect area 181 in Preah Vihear province. The 2,320-metre exploration diamond drilling yielded intercepts of 11.5 metres, graded at 3.14 grams/tonne, for gold, and 14 metres at 109.48 ...
Sum Manet
http://www.khmertimeskh.com/50103111/geopacific-strikes-gold/
Navy to hold exercises with US sailors off coast
Cambodian Navy personnel are preparing to hold joint exercises with counterparts from the United States next month, an official said yesterday. Mey Dina, deputy commander and chief of staff of the Royal Cambodian Armed Force’s Navy, said about 200 officers from both countries would begin the ...
Vong Sokheng
http://www.phnompenhpost.com/national/navy-hold-exercises-us-sailors-coast
Seven men arrested over illegal Thai logging
Thai soldiers arrested seven Cambodians on Friday who crossed into Thailand from Pailin province while logging illegally.203; Chhun Chheuy, acting police chief of Pailin town, which borders with Chanthaburi province’s Pong Nam Ron district, said the group was made up of Cambodians from multiple provinces. ...
Pav Suy
http://www.khmertimeskh.com/5088195/seven-men-arrested-illegal-thai-logging/
Nearly 6,000 vehicles with unpaid tax
Tax on nearly 6,000 vehicles across the country has not been paid on time as required, according to an inspection by the Ministry of Economy and Finance’s General Department of Taxation. A press release by the GDT signed on March 16 and released yesterday said the ...
Mom Sophon
http://www.khmertimeskh.com/50114699/nearly-6000-vehicles-with-unpaid-tax/
National Bank of Cambodia Reports Lending Surge in 2012
Lending by commercial banks in Cambodia grew by more than one-third last year, according to figures provided by the National Bank of Cambodia (NBC) yesterday. Banks lent out a total of $5.89 billion in 2012, compared with $4.39 billion in 2011, NBC figures show, meaning ...
http://www.cambodiadaily.com/business/national-bank-of-cambodia-reports-lending-surge-in-2012-11368/
Sanctuary ‘protected’
More than 2,000 hectares of the decimated Lumphat Wildlife Sanctuary in Ratanakkiri province have been classified by the Ministry of Environment (MOE) as the sanctuary’s first community protected area. Surrounded by three economic land concessions in Kon Mom district, the protected area is populated by a ...
Phak Seangly and Amelia Woodside
http://www.phnompenhpost.com/national/sanctuary-%E2%80%98protected%E2%80%99
Labor committee details schedule for wage talks: report
The Labor Advisory Committee has asked unions and employers to start separate internal talks on wages this month under a schedule it approved in June, an industry source says. In a report late Wednesday, Fibre2fashion.com said the 28-member committee had agreed that the talks would be ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MzMxODViNmRhMzh
Majority want booze regulations: survey
An overwhelming 96 per cent of Cambodians want the government to take measures to reduce alcohol consumption, a Royal University of Phnom Penh survey has found. The survey released yesterday of 2,104 adults in four provinces also found 93 per cent want the government to ban ...
Chhay Channyda
http://www.phnompenhpost.com/post-weekend/majority-want-booze-regulations-survey
Mondolkiri drivers say officials extort bribes
A group of minivan drivers blocked a highway in Mondolkiri province Tuesday in protest of what they claim is ongoing extortion by government officials of vehicles transporting ready-made furniture. “There are four to five checkpoints and we have to pay between 10,000 to 20,000 riel ...
Khuon Narim
http://www.cambodiadaily.com/news/mondolkiri-drivers-say-officials-extort-bribes-71331/
New CSX tools aim to lure traders
Trading on Cambodia’s fledgling stock market will become easier after the bourse announced two new tools aimed at improving usability and access to the exchange platform. A January 14 statement released by the Cambodian Securities Exchange (CSX) said two new trading methods, “continuous trading” and “trading ...
Eddie Morton
http://www.phnompenhpost.com/business/new-csx-tools-aim-lure-traders
Students in Cambodia want to learn English
The oldest public school in Cambodia’s capital, Phnom Penh, is in a small courtyard downtown. The Tuan Hoa school has a Chinese temple and Mandarin language classes for its 2,000 students. But in Phnom Penh, Chinese usage is still behind English. This is true although ...
Neou Vannarin and Colin Lovett
http://bit.ly/1BgdqOf
New day for old finance market
The formalisation of Cambodia’s derivatives sector will provide budding investors with more choices for their portfolio – although at a risk, insiders say.After years of deliberation, the Securities and Exchange Commission of Cambodia (SECC) on July 2 passed a prakas, or regulation, which allows individuals ...
Charles Rollet
http://www.phnompenhpost.com/business/new-day-old-finance-market
Productivity focus needed for farming: World Bank
Despite increased yields and the rising use of farming machinery in Cambodia’s agriculture sector, growth in the industry for 2013-14 was only between 1 and 2 per cent, with greater emphasis needed on the quality of seeds and fertilisers, as well as encouraging greater vegetable ...
Ananth Baliga
http://www.phnompenhpost.com/business/productivity-focus-needed-farming-world-bank
Local microfinance institute invests in new ATM network
Hattha Kaksekar Ltd, a local microfinance institution, has invested almost US$2 million in a new ATM network, the company announced yesterday. Hattha Kaksekar now has around $32 million in deposits and will become the first financial institution to use SmartVista, an automated ATM process which also ...
http://www.phnompenhpost.com/index.php/2012072057524/Business/mfi-to-invest-in-new-atm-network.html
Record number of Asian openbill stork nests discovered
BirdLife International Cambodia recently discovered a record number of over 2,000 Asian openbill stork nests in Takeo province’s Boeng Prek Lapou Protected Landscape. .. ...
Som Kanika
https://www.khmertimeskh.com/50776744/record-number-of-asian-openbill-stork-nests-discovered/
Stolen 700 hectares of Tonle Sap land returned to the state
A deputy provincial police chief in Kampong Chhnang province was involved in the encroachment of nearly 700 hectares of flooded forest in the Tonle Sap Lake area, while so far the Kampong Chhnang provincial authorities have returned 2,000 hectares of land to state ownership. ...
Tith Kongnov
https://www.khmertimeskh.com/50980801/stolen-700-hectares-of-tonle-sap-land-returned-to-the-state/
Cambodia donates $13 million and 500,000 doses of COVID-19 vaccines to Laos
Cambodia has donated $13 million, 500,000 doses of Sinovac COVID-19 vaccine and two refrigerated vaccine transport vehicles to Laos. ...
Khmer Times Staff
https://www.khmertimeskh.com/50979635/cambodia-donates-13-million-and-500000-doses-of-covid-19-vaccines-to-laos/
Cambodia’s economy to grow 5.1% in 2022
Cambodian economy will grow at 5.1 percent this year and 6.2 percent in 2023, according to the Ministry of Economy and Finance. ...
Sok Sithika
https://www.khmertimeskh.com/501077937/cambodias-economy-to-grow-5-1-in-2022/