UNDP push for gov’t bonds as investors request good returns
The United Nations Development Programme (UNDP) has renewed calls for the Cambodian government to issue sovereign bonds in riels to unDerpin the government’s effort on De-dollarisation and protect the economy against external shocks. ...
Harrison White
https://www.khmertimeskh.com/50786840/undp-push-for-govt-bonds-as-investors-request-good-returns/
Foreign ministry official meets with OIF delegate
Senior officials from the Ministry of Foreign Affairs and International Cooperation and the Organisation Internationale de la Francophonie (OIF) for Asia-Pacific met for talks on regional issues and the development of human rights and democracy in Cambodia. ...
Post Staff
https://www.phnompenhpost.com/national/foreign-ministry-official-meets-oif-delegate
Thai tourism threatened by coup; effect on Cambodia uncertain
Thailand’s Tourism Ministry has been biting its nails since the country’s military declared a coup on Thursday and imposed a nighttime curfew, but a Cambodian official said Sunday that it is too soon to say whether the lock-down will have a knock-on effect on tourism ...
Simon Henderson and Hul Reaksmey
http://www.cambodiadaily.com/news/thai-tourism-threatened-by-coup-effect-on-cambodia-uncertain-59558/
What did Suu Kyi’s first Cambodia visit achieve?
Last week, Myanmar’s de facto leader and State Counselor Aung San Suu Kyi paid her first visit to Cambodia in her current capacity. The trip spotlighted the ongoing state of ties between the two fellow Southeast Asian states amid wider domestic and foreign policy developments. Cambodia ...
Prashanth Parameswaran
https://thediplomat.com/2019/05/what-did-suu-kyis-first-cambodia-visit-achieve/
Bank gets $50M loan for SMEs, businesswomen
Sathapana Bank Plc received a $50 million loan from Proparco, a subsidiary of Agence Francaise de developpement (AFD) to increase lending by the bank to small and medium-sized enterprises (SMEs) and women entrepreneurs in Cambodia. ...
May Kunmakara
https://www.phnompenhpost.com/business/bank-gets-50m-loan-smes-businesswomen
AFD lends a hand in energy-transition
Agence Francaise de developpement (AFD) has granted €300,000 to the Kingdom of Cambodia to draw up a model of energy-transition scenarios to 2050, the French development agency revealed in a statement published on April 1. ...
Thou Vireak
https://www.phnompenhpost.com/business/afd-lends-hand-energy-transition
Hun Sen meets with UN envoy Heyzer on Myanmar
The UN and ASEAN special envoys to Myanmar, and the Southeast Asian bloc’s chair have all pledged to work together on the emergency de-escalation of violence in the crisis-stricken nation and for the provision of humanitarian aid to its people. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/hun-sen-meets-un-envoy-heyzer-myanmar
Israel-Palestine conflict: Cambodia calls for utmost restraint
Cambodia’s Ministry of Foreign Affairs and International Cooperation on Oct. 8 issued a statement over the Israel-Palestine conflict, calling upon all parties to exercise utmost restraint and seek avenues for de-escalation and ceasefire. ...
Khmer Times Staff
https://www.khmertimeskh.com/501373395/israel-palestine-conflict-cambodia-calls-for-utmost-restraint/
Sokha’s pardon: ‘no conditions’
Freshly pardoned CNRP deputy leader Kem Sokha yesterday claimed the pardon that exonerated him on Friday was made without any conditions or concessions from the opposition party. The acting president of the opposition, who had been under de facto house arrest since May and had been ...
Taing Vida
http://www.khmertimeskh.com/news/32752/sokha---s-pardon-----no-conditions---/
Horrific state of P Speu revealed
Beneath a tree in Phnom Penh’s remote Prey Speu Social Affairs Centre – a de facto prison used to indefinitely incarcerate some of the capital’s most vulnerable citizens – a woman yesterday chanted loudly before bursting into tears and then laughter. Like many others at the ...
Sen David and Alice Cuddy
http://www.phnompenhpost.com/national/horrific-state-p-speu-revealed
New BKK1 condo development shoots for 2017 completion
Nine floors of the 32-storey BKK1 condominium project, Platinum Bay, are now completed and construction is slated to be completed by mid-2017. Platinum Bay is located on Street 282, not far from the soon-to-be-completed De Castle Royal, a part of town that property insiDers see as ...
Siv Meng
http://www.phnompenhpost.com/real-estate/new-bkk1-condo-development-shoots-2017-completion
European Union, Germany, France co-invest $115m in rural infrastructure
Representatives from the Cambodian government, the German development bank KfW, Agence Francaise de developpement (AFD) and the European Union (EU) have signed agreements for the financing of the RID4CAM (Rural Infrastructure development for Cambodia) project, which aims to develop rural infrastructure in the central plain ...
Harrison White
https://www.khmertimeskh.com/50796892/european-union-germany-france-co-invest-115m-in-rural-infrastructure/
Amid credit expansion, Riel loans minimal
Cambodia’s credit sector is expanding rapidly with the central bank saying now is the time to start infusing the market with riel and begin a process of de-dollarization in the country’s economy. But as the growth of dollarized loans outstrips those in riel, disbursing credit ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/amid-credit-expansion-riel-loans-minimal-66610/
Ground breaks on Battambang water plant
Ground has been broken on a new water treatment plant in Battambang province which will serve the provincial capital. The plant, in Kampong Wat Kor commune’s Seima village of the town, is co-financed by the Asian Development Bank (ADB) and the Agence Francaise De Developpement- AFD ...
Yuth Vireak
https://www.phnompenhpost.com/national/ground-breaks-battambang-water-plant
First two days of voter registration nets over 30K new voters
The National Election Committee (NEC) confirmed that in the first two days of new registration on October 20-21 for next year’s national election, more than 30,000 new voters had registered, while nearly 6,000 people have been de-listed. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/first-two-days-voter-registration-nets-over-30k-new-voters
Cambodia Takes Aim at the Dominant Dollar
PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...
http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html
Death Toll Rises Even as Floodwaters Recede
As floodwaters begin to recede, the extent of the humanitarian crisis and infrastructural damage is slowly being revealed, and in many places the situation is potentially worse than it was following the devastating floods in 2011, according to the National Committee for Disaster Management (NCDM). Keo Vy, ...
Simon Henderson and Ben Sokhean
http://www.cambodiadaily.com/news/death-toll-rises-even-as-floodwaters-recede-45349/
Last warning for Angkor park holdouts
Prime Minister Hun Sen issued a warning to people who are living in the Angkor Archaeological Park and refuse to relocate their houses. He told them that when measures are taken to clear the area are over, they will not receive any form of compensation, ...
Voun Dara and Samban Chandara
https://www.phnompenhpost.com/national/last-warning-angkor-park-holdouts
EU Launches Food Security Program Aimed at Minorities
The European Union has launched a $4.5 million program aimed at increasing food security among indigenous minorities in Ratanakkiri province, including those whose land has been affected by the growing number of economic land concessions in the area. Speaking on the sidelines of the launch in ...