Industries left guessing as Cambodia fails to release customs data for 2017
When government-aligned Fresh News reported on Sunday that bilateral trade between the US and Cambodia had increased to $3.46 billion last year, up more than 8 percent from the year before, they weren’t using Cambodian government data. Nor was the state-run Agence Kampuchea Presse using government ...
Hor Kimsay
http://www.phnompenhpost.com/business/industries-left-guessing-cambodia-fails-release-customs-data-2017
ARDB to disburse $50M loan by Dec 31
The state-owned Agricultural and Rural Development Bank (ARDB) expects to fully disburse a $50 million emergency fund for small and medium-sized enterprises (SMEs) by year’s end, its director-general Kao Thach told The Post on December 14. ...
Thou Vireak
https://www.phnompenhpost.com/business/ardb-disburse-50m-loan-dec-31
Islands up for grabs
More than 180,000 hectares on 28 of Cambodia’s 64 islands were reclassified as state private property for 31 companies seeking land concessions between 2008 and 2010, government sub-decrees reveal. The reclassification sub-decrees, compiled by investigators at the rights group Adhoc, pave the way for firms to ...
Micro-Lender To Roll Out ATM Service
Hattha Kaksekar Limited, one of the country’s largest microfinance institutions (MFIs), is in talks to become a commercial bank by 2014, an official at the micro-lender said yesterday. The move, if successful, will be in line with the Central Bank’s policy to support MFIs in diversifying ...
Companies lag on listing rules
Adding its name to a rapidly growing list of private companies, Tonlesap Airlines is gearing up for an initial public offering on the Cambodia Securities Exchange. And like many of these companies, the listing is still years off as Tonlesap prepares the tax And financial information ...
http://www.phnompenhpost.com/index.php/2012083058376/Business/companies-lag-on-listing-rules.html
UK, US pledge ASEAN support
The United States has expressed its commitment to the success of next week’s 19th ASEAN Regional Forum, which will be held in Phnom Penh, while British Foreign Office Minister Jeremy Browne said on the same day that the United Kingdom plans to strengthen its relationship ...
http://www.phnompenhpost.com/index.php/2012070557222/Business/uk-us-pledge-asean-support.html
Shelter standards launched
Following reports of abuse and poor conditions at the Kingdom’s shelters, the government yesterday launched official recommendations that seek to ensure better care is offered to victims of trafficking and sexual exploitation. ...
Sen David
http://phnompenhpost.com/national/shelter-standards-launched
Japanese Mizuho Bank looks into Cambodian financial sector
Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, ...
http://news.xinhuanet.com/english/world/2013-07/08/c_132522621.htm
Cambodian Sommeliers Head to Singapore for Regional Contest
Beer, whisky and strong, home-brewed moonshine have long been Cambodians’ favorite tipples, but with an ever-growing middle class, tastes are changing and if you’re part of the new elite, it is increasingly important to know your Pinot Gris from your Pinot Noir. To help enhance one’s ...
http://www.cambodiadaily.com/news/cambodian-sommeliers-head-to-singapore-for-regional-contest-40504/
Regional Comprehensive Economic Partnership to create huge market
Cambodia’s ASEAN economic minister said the official launch of the negotiations for the Regional Comprehensive Economic Partnership (RCEP) will lead to potentially forming the biggest single market in the region and is much bigger than the traditional markets of the US and the EU. An economist ...
ARDB loans: More SMEs apply
Seven small and medium-sized enterprises (SMEs) have applied for $200,000 loans from the state-owned Agricultural and Rural Development Bank (ARDB), after it announced the launch of a $50 million fund for SMEs last month. ...
Thou Vireak
https://www.phnompenhpost.com/business/ardb-loans-more-smes-apply
Killing of Journalist May Not Be Linked to Illegal Fishing Reports
Police in Kompong Chhnang province on Tuesday said they were looking for three suspects in the murder of a local journalist on Friday night and may soon add more names to the list, but still had no motive for the attack. However, the provincial coordinator for ...
Phorn Bopha
http://www.cambodiadaily.com/news/killing-of-journalist-may-not-be-linked-to-illegal-fishing-reports-51448/
Minister: Swiss SDC Kingdom’s ‘key partner in development’
Minister of Labour and Vocational Training Ith Samheng said the activities of the Swiss Agency for Development and Cooperation (SDC) in Cambodia over the past decade demonstrate its commitment and long-term partnership with the Kingdom. The SDC is an important donor that has assisted Cambodia’s ...
Ry Sochan
https://www.phnompenhpost.com/national/minister-swiss-sdc-kingdoms-key-partner-development
Push to transform bright female students into future gov’t leaders
As a child growing up in a poor family in Banteay Meanchey, Yang Leaphea struggled to imagine a world outside her province. She turned to her desperately under-resourced local library, but found few books there to expand her horizons. All that changed when the intelligent daughter ...
Holly Robertson
http://www.cambodiadaily.com/news/push-to-transform bright-female-students-into-future-govt-leaders-66806/
Korea hands over aviation center
Three and a half years after signing a memorandum of understanding on the project, the Korean International Cooperation Agency (KOICA) in Cambodia handed over a $10.1 million aviation training center to the government yesterday. ...
Ven Rathavong
http://www.khmertimeskh.com/news/30685/korea-hands-over-aviation-center/
Clinton, US Delegation To Arrive in Cambodia
U.S. Secretary of State Hillary Clinton will lead the largest delegation of American businesses ever to visit Cambodia when she arrives here next week to participate in the Asean Regional Forum, U.S. Ambassador William Todd said yesterday. ...
US aids Prey Lang area with protection fund
The United States has begun making payments towards its $37 million aid for the protection of the Prey Lang protected area. The Prey Lang protected area encompasses four different provinces, including Kampong Thom, Kratie, Stung Treng and Preah Vihear. ...
Khy Sovuthy
https://www.khmertimeskh.com/50589794/us-aids-prey-lang-area-with-protection-fund/
US cuts aid to Cambodia with aim to ‘urge government to reconsider its current course’
The White House is cutting aid to several assistance programs in Cambodia due to “recent setbacks to democracy”, it announced late Tuesday. Some programs supporting Cambodia’s Tax Department, military and local government will be cut or reduced “to ensure that American taxpayer funds are not being ...
Daphne Chen and Erin Handley
http://www.phnompenhpost.com/national/us-cuts-aid-cambodia-aim-urge-government-reconsider-its-current-course
ARDB seeks $30M more for SME loans
Agriculture and Rural Development Bank of Cambodia (ARDB) expects to receive an additional $30 million from the government for special-purpose loans to keep the Kingdom’s smaller businesses afloat amid the ongoing economic duress of Covid-19, according to the state-owned bank’s director-general Kao Thach. ...
Thou Vireak
https://www.phnompenhpost.com/business/ardb-seeks-30m-more-sme-loans
Civil servant salaries to increase next month
The Cambodian government announced that it would increase the salaries of low-ranking civil servants to 320,000 Riel per month. The statement was issued by Prime Minister Hun Sen Tuesday. He said, 90,000 civil servants will benefit from the increase which will start in September. Recently the Ministry of ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NmFmZGMzN2U3M2M