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$580,000 field laboratory for quality roads

A groundbreaking ceremony was held yesterday by the Ministry of Public Works to construct a $580,000 field laboratory at the Techo Sen Institute of Public Works and Transport.​ ...

Sen David
https://www.khmertimeskh.com/50917225/580000-field-laboratory-for-quality-roads/

Central bank fines MFI for shady lending

The central bank announced on Friday that it has fined an unnamed microfinance institution (MFI) $100,000 for engaging in non-transparent lending practices. ...

Hor Kimsay
http://www.phnompenhpost.com/business/central-bank-fines-mfi-shady-lending

NBC promotes riel liquidity

Commercial banks and microfinance institutions have acquired more than 209 billion riel in riel liquidity, worth $52.4 million, from the National Bank of Cambodia (NBC) since the central bank began its liquidity-providing collateralised operation (LPCO) in October 2016. ...

Sok Chan
http://www.khmertimeskh.com/50116187/nbc-promotes-riel-liquidity/

Tourism intervention package gets traction amid recovery

Seven months after the announcement of the $150 million co-financial intervention package, only $41.52 million has been released to the businesses affected by the Covid-19 pandemic by the state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) and other participating financial institutions, according ...

Kang Sothear
https://www.khmertimeskh.com/501216262/tourism-intervention-package-gets-traction-amid-recovery/

Cassava exports up, prices low

Though the export of cassava from Cambodia to foreign markets increased by more than 50 percent in 2016, compared with previous years, export earnings were still low due to below-market-prices offered by buyers in Thailand and Vietnam.   ...

Chea Vannak
http://www.khmertimeskh.com/news/37174/cassava-exports-up--prices-low/

National Strategic Development Plan to combat corruption

The government has introduced the National Strategic Development Plan 2019-23 which will focus on increasing awareness and reinforcing precautionary measures and strategies to crack down and combat corruption. The strategies come in conjunction with the increasing need for ministries and institutions to collaborate with the ...

Mech Dara
https://www.phnompenhpost.com/national/national-strategic-development-plan-combat-corruption

PM urges tighter rules on micro loans

Prime Minister Hun Sen told a summit on micro-finance development yesterday that stricter rules needed to be applied to organizations and institutions lending money as many people were being cheated, embezzled and losing their collateral to unscrupulous lenders. ...

Chea Vannak
http://www.khmertimeskh.com/news/22751/pm-urges-tighter-rules-on-micro-loans/

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

PATA Travel Mart set for Phnom Penh, Cambodia

The Pacific Asia Travel Association will hold the 37th PATA Travel Mart at Diamond Island Convention & Exhibition Centre, Phnom Penh, Cambodia. The event is being hosted by the ministry of tourism of Cambodia and will take place from September 17th-19th. PTM 2014 will offer delegates the ...

Breaking Travel News Staff
http://www.breakingtravelnews.com/news/article/pata-travel-mart-set-for-phnom-penh-cambodia/

Thai life insurer to enter local market

Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/thai-life-insurer-enter-local-market

MoU to strengthen co-operation between Cambodia and India

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said. The Sokha, deputy director ...

http://www.phnompenhpost.com/index.php/2012120760146/Business/mou-to-strengthen-co-operation-between-cambodia-and-india.html

ADB Institute: too much focus on 2015

Masahiro Kawai, dean of the Asia Development Bank Institute, believes too great a focus is being placed on the realization of the 2015 ASEAN Economic Community at the cost of considering middle- and longer-term issues in the ASEAN region. “Economic community-building is not going to be completed in ...

http://www.phnompenhpost.com/index.php/2012110159515/Business/adb-institute-too-much-focus-on-2015.html

Cambodian scholars hail China's contribution to Silk Road Fund

Cambodian scholars have voiced their support to Chinese President Xi Jinping for his announcement of China’s contribution of 40 billion U.S. dollars for the establishment of a Silk Road Fund, saying that such a fund is vital for developing countries. Chheang Vannarith, senior researcher of ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-11/10/c_133778379.htm

Fewer school hours to beat the heat

With temperatures reaching more than 40 degrees Celsius, the Ministry of Education, Youth and Sport announced on Thursday that it was amending school study hours to lessen the risk of illness for teachers and students, particularly those at kindergarten. ...

Ry Sochan
https://www.phnompenhpost.com/national/fewer-school-hours-beat-heat

Cambodians shun banks: World Bank report

Cambodian people used banks less than any other country in the Asia-Pacific region last year in percentage terms of using financial services, recent data from the World Bank showed. The report, released this month, also pointed to high growth in the percentage of borrowers, which insiders ...

http://www.phnompenhpost.com/index.php/2012053056467/Business/cambodians-shun-banks.html

Private sector leaders to meet with Hun Sen

The private sector will meet with Prime Minister Hun Sen in April for the 19th Government-Private Sector Forum, which aims to address issues being faced by the business community. Lim Heng, vice-president of the Cambodia Chamber of Commerce (CCC) and director of coordination for the ...

Hin Pisei
https://www.phnompenhpost.com/business/private-sector-leaders-meet-hun-sen-0

Announcement on the 2018 YSEALI regional workshop: protecting the Mekong delta environment

The U.S. Mission to Vietnam and the Resource Center for Community Development (RCCD), An Giang University seek candidates for the 2018 YSEALI Regional Workshop: Protecting The Mekong Delta Environment which will be being held from June 4-9, 2018.ASEAN citizens between the ages of 18 and ...

US Embassy

Download: pdf

Ocean settles as other worker strikes gain steam

Workers from the beleaguered Ocean Garment Factory on Monday came to an agreement with management over furlough pay, following more than a month of protests. “All the workers at Ocean Garment Factory have accepted the offer from the factory and the strikes are finished now,” said ...

Sek Odom
http://www.cambodiadaily.com/news/ocean-settles-as-other-worker-strikes-gain-steam-64619/

Three ministries watch internet from today to prevent ‘social chaos’

Three ministries have jointly warned the public that as of Thursday, they will act against social media users and websites found spreading “fake news disturbing social security and causing chaos, confusion and a loss of trust in the upcoming [July 29 national] elections”. Fake news ...

Mech Dara
https://www.phnompenhpost.com/national/three-ministries-watch-internet-today-prevent-social-chaos

Committees to ‘Research’ Minimum Wages, ‘Study’ Killings

Prime Minister Hun Sen on Friday assigned former Finance Minister Keat Chhon as the head of a newly formed committee tasked with researching the government’s capacity to introduce wage increases for civil servants and factory workers. The statement said that Mr. Hun Sen also spoke ...

Kuch Naren
http://www.cambodiadaily.com/news/committees-to-research-minimum-wages-study-killings-50431/

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