Huawei opens ICT training centre in Cambodia
China’s Huawei and Cambodia’s National Institute of Posts, Telecommunications and Information Communication Technology (NIPTICT) have opened a Huawei Authorized Information and Network Academy (HAINA) in the country. Huawei has now extended its HAINA program to more than 130 universities worldwide. ...
Cellular News Staff
http://www.cellular-news.com/story/Technology/68360.php
Archeological dig starts at Angkor Thom
An archaeological dig at the ancient capital of Angkor Thom started on Monday in search of metal tools from the Kingdom’s Angkorian era. The École Française d’Extrême-Orient (EFEO), a French institute dedicated to the study of Asian societies, started the dig in cooperation with the ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/27210/archeological-dig-starts-at-angkor-thom/
Prince Finance launches in Cambodia
After receiving a licence from the National Bank of Cambodia in August, the microfinance institution Prince Finance has started its business to cater to the financial needs of local and foreign customers. Post Plus sat down with Hon Sorachana, the board director of the Prince ...
Post Staff
http://www.phnompenhpost.com/business/prince-finance-launches-cambodia
Hun Sen foresees rise in demand for Cambodian rice
Prime Minister Hun Sen is pushing government institutions and businesses to improve the country’s rice production. Investment is required in machinery and warehouses to dry and store rice for export, something Cambodia is discussing with China, Hun Sen said. ...
Hul Reaksmey
http://www.voacambodia.com/content/hun-sen-foresees-rise-in-demand-for-cambodian-rice/3163238.html
MFI slowdown: real or illusory?
After several years of rapid growth, the expansion of credit provided by the Kingdom’s myriad microfinance institutions (MFIs) stalled abruptly last year, raising concerns poorer Cambodians could be pushed toward loan sharks to obtain credit or cover their debts, the World Bank said in its ...
Hor Kimsay
http://www.phnompenhpost.com/business/mfi-slowdown-real-or-illusory
Tax pulled after mutiny
Just one day after the Kingdom’s microlenders mutinied and said they would not implement a government directive requiring all financial institutions to implement a 10 percent value-added tax (VAT) on fees for financial services, the Tax Department announced it would back down and temporarily suspend ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/tax-pulled-after-mutiny
Bond to funnel benefits to women
An $8 million bond set to debut on Singapore’s stock exchange will mobilise private capital to support social enterprises and microfinance institutions (MFIs) in Cambodia, Vietnam and the Philippines, providing nearly half a million women in these countries with more access to credit in order ...
Brian Ng
http://www.phnompenhpost.com/business/bond-funnel-benefits-women
Ancient statue 50 percent repaired
Repairs on an ancient sandstone statue discovered in Siem Reap province in July are 50 percent complete, according to a report. The Angkor-era statue was found at the Tonle Sgnout temple by a group of Apsara Authority archaeologists working with colleagues from the Singapore-based Institute ...
Mom Kunthear
http://www.khmertimeskh.com/50100580/ancient-statue-50-percent-repaired/
'No Decision' made yet on Cambodia loans: World Bank
The World Bank has not yet reached a decision on whether to lift a ban on loans to Cambodia, a Bank official has said, contradicting local media reports that the international financing institution would resume loans suspended three years ago over allegations of violent land ...
Richard Finney
http://www.rfa.org/english/news/cambodia/loans-10222014170636.html
New Draft Law on Immigration discussed
A new draft law on immigration has been discussed in an inter-ministerial meeting here in Phnom Penh early this week under the chairmanship of Ang Vong Vathana, Senior Minister in charge of Special Missions, with participation of officials from concerned institutions. ...
Khmer Times Staff
https://www.khmertimeskh.com/50760617/new-draft-law-on-immigration-discussed/
Experts conduct water quality check of Tonle Sap
The Inland Fisheries Research and Development Institute with the staff of the Wonders of the Mekong, is conducting a water quality study in the Tonle Sap. ...
Khmer Times Staff
https://www.khmertimeskh.com/501237003/experts-conductwater-quality-checkof-tonle-sap/
Hun Sen Warns CNRP Will Lose Seats if Assembly Boycotted
Prime Minister Hun Sen on Thursday warned that he will give the CNRP parliamentary seats away if they refuse to take their seats at the National Assembly, German Ambassador Wolfgang Moser said. Ambassador Moser said Mr. Hun Sen asked him to pass that message along to ...
Cambodian ambassador speaks highly of mutual exchanges with Vietnam
This year, the Cambodian people celebrate their 60th National Day as well as the birthday of the Cambodia Kingdom’s royal army under the bright leadership of King Norodom Sihanouk, who relentlessly struggled against the French colonialists to gain independence (09-11-1953 – 09-11-2013). In 2010, Father ...
Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NTQ0YTNhY2QzOTQ
First CPP National Assembly Plenary Session Set for Thursday
The National Assembly will hold its first plenary session meeting on Thursday since Prime Minister Hun Sen’s 68 members of parliament last month approved an Assembly president and chairpersons to head the body’s nine committees, and despite the opposition CNRP still refusing to take their ...
Hul Reaksmey
http://www.cambodiadaily.com/elections/first-cpp-national-assembly-plenary-session-set-for-thursday-44452/
More Money For Meat
Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department. Economics Institute of Cambodia Senior Researcher Neou Sieha said yesterday that meat prices had seen significant increase ...
http://www.phnompenhpost.com/index.php/2011070450154/Business/more-money-for-meat.html
Credit bureau plans for early 2012 launch
The Kingdom’s first centralised credit bureau was on track to launch in February, officials said yesterday, although it had originally been slated to start by the end of this year. Credit Bureau Cambodia will collect and provide consumer and institutions’ financial information, which they can use ...
WB puts GDP growth at 6.9 percent
The economy will grow at a rate of 6.9 percent in 2018, according to the latest report from the World Bank. Other international financial institutions have issued similar forecasts this month, with the Asian Development Bank (ADB) and the International Monetary Fund (IMF) putting national ...
Sok Chan
https://www.khmertimeskh.com/50302559/wb-puts-gdp-growth-at-6-9-percent/
Thai financial major Krungsri buys out Cambodian micro-lender HKL
Bank of Ayudhya Pcl (Krungsri), Thailand’s fifth largest financial group and a subsidiary of Japan’s leading financial group Mitsubishi UFJ Financial Group, has acquired a 100-per-cent stake of Hattha Kaksekar Limited (HKL), one of the leading microfinance institutions in Cambodia, for an undisclosed amount. ...
Chalida Ekvitthayavechnukul
http://www.dealstreetasia.com/stories/krungsri-acquires-cambodian-micro-financial-group-hkl-28704/
Sathapana Bank secures $50M to scale up
Sathapana Bank Plc has received a hefty $50 million bilateral loan from the Bangkok branch of Mizuho Bank, a subsidiary of one of Japan’s largest financial institutions, in a move that banking insiders say will help the newly consolidated bank expand its lending portfolio as ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/sathapana-bank-secures-50m-scale
Asset, debt declaration required in January: ACU
The Anti-Corruption Unit (ACU) of Cambodia said that it has asked all officials working in state institutions and the ministries to declare all of their assets and debts starting January 1, 2014. The ACU’s asset and debt declaration department will start accepting asset and debt ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YjlkZWZmNWNkYzR