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Microfinance has improved a majority of people’s life - CMA study

A study on over 3,200 microfinance borrowers from 450 villages in 10 provinces in the country has revealed that two thirds of them have seen an improvement in their lives, according to the Cambodian Microfinance Association (CMA). ...

Kiripost staff writers
https://kiripost.com/stories/microfinance-has-improved-a-majority-of-peoples-life-cma-study

Bank lending to households posts weak growth, says NBC

With bank credit growth reaching its lowest in two decades in Cambodia, households’ mortgage loans posted weak growth in 2023, said the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...

Rachel David
https://www.khmertimeskh.com/501492423/bank-lending-to-households-posts-weak-growth-says-nbc/

Tax incentives offered for expansion of Qualified Investment Projects

In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...

James Whitehead
https://www.khmertimeskh.com/501501730/tax-incentives-offered-for-expansion-of-qualified-investment-projects/

Crop insurance sees 40 percent boost, covers 76k farmers

Crop insurance coverage has increased more than 40 percent to cover over 76,000 farmers in the country, as per data shared at an event titled, ‘Updates of insurance Market in Cambodia’, held on Thursday in Phnom Penh. ...

Rachel David
https://www.khmertimeskh.com/501526832/crop-insurance-sees-40-percent-boost-covers-76k-farmers/

Hun Sen Lauds Land Project, Lashes Media

Decked out in camouflage military uniforms shipped fresh from Indonesia and wearing soldier’s caps emblazoned with the Ministry of Land Management’s logo, 1,100 students who have volunteered to measure land in an ambitious titling project attended a speech by Prime Minister Hun Sen yesterday. The uniformed ...

NGOs Raise Concern Over Freedom of Expression to UN

Seven NGOs have raised their concerns that the government is using the law, media and Internet to further stifle freedom of expression, ahead of Cambodia submitting its first Universal Periodic Review (UPR) of human rights to the U.N. The UPR is the process through which Geneva’s ...

Lauren Crothers and Kuch Naren
http://www.cambodiadaily.com/news/ngos-raise-concern-over-freedom-of-expression-to-un-40748/

NGOs Raise Concern Over Freedom of Expression to UN

Seven NGOs have raised their concerns that the government is using the law, media and Internet to further stifle freedom of expression, ahead of Cambodia submitting its first Universal Periodic Review (UPR) of human rights to the U.N. The UPR is the process through which Geneva’s ...

Lauren Crothers and Kuch Naren
http://www.cambodiadaily.com/news/ngos-raise-concern-over-freedom-of-expression-to-un-40748/

Logging mogul blasted

Logging tycoon Try Pheap has come under fire from two separate reports alleging that he is using his vast network of concessions and licences to decimate protected forests across Cambodia. One of the reports, an exhaustive four-month investigation by a local NGO, also looked at the ...

Phak Seangly and May Titthara
http://www.phnompenhpost.com/national/logging-mogul-blasted

France, Australia Congratulate Hun Sen on Win

France and Australia have congratulated Prime Minister Hun Sen on his official re-election in July’s contested vote, with their endorsement coming as opposition leader Sam Rainsy visits Europe urging donors to suspend ties with the new government. While many other countries—mostly in Asia—were quick to congratulate ...

Zsombor Peter
http://www.cambodiadaily.com/elections/france-australia-congratulate-hun-sen-on-win-45001/

Museum for money planned

In January, officials broke ground on the new $4 million headquarters for the Cambodia Securities Exchange. Situated along a northern stretch of Freedom Park, a short skip from Wat Phnom, the French colonial-era building is a suitable home for the two-year-old bourse, which now operates ...

http://www.phnompenhpost.com/business/museum-money-planned

Life as Living Nightmare Along National Route 6a

Two years after Prime Minister Hun Sen broke ground on a Chinese-funded project to widen National Road 6a in order to expand its capacity as a major trade and tourism thoroughfare, life for the tens of thousands of families living along the 50-km stretch of ...

Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/life-as-living-nightmare-along-national-route-6a-51156/

Lead-up to poll saw SLCs spike

Prime Minister Hun Sen’s 2012 ban on the allocation of economic land concessions was supposed to halt the unpopular practice of turning over large swaths of property to developers. And going by the numbers last year, it worked. But in the vacuum, according to local rights ...

May Titthara
http://www.phnompenhpost.com/national/lead-poll-saw-slcs-spike

Teachers Told to Expel Corruption From Classrooms

Just weeks after the country’s only independent teachers’ association staged a strike for higher wages, Phnom Penh’s education chief told teachers this week that they must stop taking bribes to comply with the government’s promised reform agenda. Speaking to about 500 educators, mainly school directors, from ...

Phann Ana
http://www.cambodiadaily.com/news/teachers-told-to-expel-corruption-from-classrooms-51158/

NGO plans to build mini-city

An NGO’s plan to build an “entire city” for the victims of a forced eviction has been backed by the Phnom Penh municipal government, with preliminary construction already under way. The $2.2 to $2.5 million project, devised by the organisation People for Care and Learning, is expected ...

http://www.phnompenhpost.com/index.php/2012100859152/National-news/ngo-plans-to-replace-slum-with-new-city.html

Calm, mostly, prevails

Although International Human Rights Day ended in the forceful eviction of protesters from outside the US embassy last night, monks and their supporters who spent days marching to the capital met with no opposition in the morning as they defied a ban on marching to ...

Post Staff
http://www.phnompenhpost.com/national/calm-mostly-prevails

Villagers Begin Second Patrol of Sanctuary

Villagers from all five communes of Kratie province’s Snuol district began patrolling the Snuol Wildlife Sanctuary yesterday in a bid to protect the area from illegal loggers, in the second multiday crackdown undertaken by residents this year. ...

http://www.phnompenhpost.com/index.php/2012031354998/National-news/snuol-villagers-begin-second-patrol-of-sanctuary.html

Regional Military Chiefs Meet Ahead of Summit

Top military officials from all 10 Asean countries yesterday attended the second Asean Military Operations Informal Meeting in Phnom Penh, an event aimed primarily at enhancing cooperation between the countries in terms of humanitarian assistance and disaster relief. ...

Thailand to improve processing of migrant workers

Cambodian and Thai Labour Ministry officials met once again in Siem Reap province over the weekend and asserted their commitment to strengthen cooperation by agreeing to accelerate the legal identification process of Cambodian workers in Thailand. ...

Mom Kunthear
https://www.khmertimeskh.com/50484751/thailand-to-improve-processing-of-migrant-workers/

Monitor numbers to double from ’13

With the Wednesday deadline imminent, the National Election Committee (NEC) expects close to 80,000 Cambodians will have registered to observe the July 29 national elections – twice the number who served in the role in 2013. ...

Ben Sokhean
https://www.phnompenhpost.com/national/monitor-numbers-double-13

Preah Sihanouk protest over land dispute

Some 400 people in Preah Sihanouk province’s Stung Hav district on Friday protested in front of the provincial court demanding the release of four protesters who have been detained over a land dispute with a tycoon. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/preah-sihanouk-protest-over-land-dispute

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