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Construction on $35 Million Hospital Set to Begin in April

Construction on Phnom Penh’s first international-standard critical-care center is expected to begin in April, and when completed it will offer state-of-the-art medical technology and highly trained staff, according to an official with the Japanese firm in charge of the project. “[Construction] is supposed to start from ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/construction-on-35-million-hospital-set-to-begin-in-april-50596/

National Bank to begin LPCO

The National Bank of Cambodia (NBC) will unveil its initial rates that banks and microfinance institutions (MFIs) will be able to use, as the NBC begins its liquidity-providing collateralized operation (LPCO) to boost the country’s riel liquidity, according to a senior bank official. ...

Sok Chan
http://www.khmertimeskh.com/news/30852/national-bank-to-begin-lpco/

Bank loan portfolios set to be at least 10% in local currency

Cambodian commercial banks are showing a stronger preference to provide riel loans to microfinance institutions (MFI) as they rush to increase the share of local currency in their loan portfolio to at least 10 per cent by the end of next year. ...

Hor Kimsay
https://www.phnompenhpost.com/business/bank-loan-portfolios-set-be-least-10-local-currency

Keo romeat mango to get standard

The government will issue a standard for the type of mango known as ‘keo romeat’, a move that seeks to bolster sales abroad as well as consumer trust on the product, a high-ranking official revealed yesterday. ​​​ ...

Sok Chan
https://www.khmertimeskh.com/50487613/keo-romeat-mango-to-get-standard/

Traffic deaths still plague Kingdom

Despite an increase in traffic law enforcement and awareness, traffic deaths continued to plague the country during the first six months of 2018. A National Police general department of traffic and public order report published yesterday said that 1,633 traffic accidents lead to 930 deaths ...

Sen David
https://www.khmertimeskh.com/50508968/traffic-deaths-still-plague-kingdom/

Second industrial lab centre on the way

A new laboratory for testing local products and issue quality certificates will open in Phnom Penh’s Meanchey district by the end of 2019, the Ministry of Handicraft recently announced. ...

Sok Chan
https://www.khmertimeskh.com/50509878/second-industrial-lab-centre-on-the-way/

To court students, vocational programs get a makeover

One slickly produced television ad tells students “to join the community of minds that craves to learn,” as three teenagers assemble an electrical circuit board. “Better Skills! Better income!” a group of students shout in unison, fists raised. ...

James Reddick
http://www.khmertimeskh.com/news/16768/to-court-students--vocational-programs-get-a-makeover/

Traffic accidents are leading cause of death in Cambodia

Traffic accidents are the leading cause of death in Cambodia, destroying not only lives but national morale, dignity, property and development efforts, a road safety expert told the Hello VOA call-in program on Wednesday. ...

Khamboly Dy
http://www.voanews.com/content/traffic-accidents-are-leading-cause-of-death-in-cambodia/3403777.html

Angkor Wat ticket sales stagnating

Angkor Wat temple, Cambodia’s prime tourist attraction, experienced nearly stagnant growth for the first five months of this year, according to data released by Angkor Institution yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/angkor-wat-ticket-sales-stagnating

Cambodia at ‘high’ risk of Zika outbreak in 2017

Amid reports of the emergence of the Zika virus in Myanmar and the discovery of the first birth defect believed linked to the virus in Vietnam, two researchers with Phnom Penh’s Pasteur Institute have concluded that Cambodia is at high risk of its own Zika ...

Yesenia Amaro
http://www.phnompenhpost.com/national/cambodia-high-risk-zika-outbreak-2017

PM orders another logo change

Prime Minister Hun Sen yesterday ordered microfinance institute (MFI) Prasac, one of the largest in Cambodia, to change its logo immediately for fear that the public may confuse it as representing the government. ...

Sok Chan
http://www.khmertimeskh.com/news/35753/pm-orders-another-logo-change/

Korea donates military vehicles

South Korea has given more than 200 military vehicles to Cambodia and nearly 200 more will arrive in July. The first batch were handed over yesterday at a ceremony at the Techo Hun Sen Military Technical Institute in Kampong Speu province. ...

Ven Rathavong
http://www.khmertimeskh.com/news/36849/korea-donates-military-vehicles/

Prime Minister supportive of water taxi system

Prime Minister Hun Sen yesterday expressed support for the waterway transport system from Prek Phnov to Phnom Penh and to Takhmao city, which will be launched before Khmer New Year. ...

Mom Sophon
http://www.khmertimeskh.com/50102045/prime-minister-supportive-of-water-taxi-system/

Chinese top Angkor Wat

Most of the foreign tourists who visited the UNESCO World Heritage-listed Angkor Archaeological Park last year hailed from China, the Angkor Institute said yesterday. ...

Chea Vannak
http://www.khmertimeskh.com/news/34172/chinese-top-angkor-wat/

More kids in care than thought: study

Almost one in every 100 children in Cambodia is living in a residential care institution, a number far higher than previous estimates, according to a new report in the British Medical Journal. ...

Cristina Maza
http://www.phnompenhpost.com/national/more-kids-care-thought-study

Banking shows steady growth

Cambodia’s financial sector saw healthy growth last year with increased deposits and profits amid slower credit growth, reflecting sustainable development and increased public confidence in the sector, according to a recently released central bank report. ...

Hor Kimsay and Matthieu de Gaudemar
http://www.phnompenhpost.com/business/banking-shows-steady-growth

Youth urged to fight for social issues

Civil society organizations and youth groups have called for young people to be more involved in human rights and the environment. They also demanded greater protection for young activists who have suffered threats, violence and court action. The call was made in a youth forum on young ...

Pech Sotheary
http://www.khmertimeskh.com/news/32739/youth-urged-to-fight-for-social-issues/

8 billion riel released

The National Bank of Cambodia (NBC) on Tuesday released eight billion riel (about $2 million) at three percent interest to just one financial institution that joined the third bidding of the new Liquidity-Provided Collateralized Operation (LPCO). ...

Sok Chan
http://www.khmertimeskh.com/news/33442/8-billion-riel-released/

Hun Sen rails against traffic scofflaws, calls for crackdown on offences

Prime Minister Hun Sen yesterday threatened to fire Daun Penh District Governor Sok Penh Vuth over growing disregard for traffic laws among the public as local authorities scrambled to enforce a new crackdown on offenders. Hun Sen urged motorists to obey traffic laws, appealing specifically to ...

Kuoch Masy and Andrew Nachemson
http://www.phnompenhpost.com/national/hun-sen-rails-against-traffic-scofflaws-calls-crackdown-offences

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