BFIs code of conduct fully implemented
After its rollout about a year ago, Cambodian banks and financial institutionals (BFIs) and members of the Cambodian Association of Finance and Technology (CAFT) have finally fully implemented the code of conduct and lending guidelines. ...
Kiripost staff writers
https://kiripost.com/stories/cambodia-bfis-code-of-conduct-fully-implemented
South Korea loans $21 million for rural improvement
H.E. Aun Pornmonirath, Secretary of State of the Ministry of Economy and Finance of Cambodia and Mr. Sang Wang Byun, Executive Director of Export-Import Bank of the Republic of Korea, on September 21 signed $21 Million Loan Agreement for Cambodia’s Rural Roads Improvement Project. “The ...
British companies eye on Cambodia on education, construction and finance services
Considering the growth potential of US$400-million worth in bilateral trade between the United Kingdom and Cambodia for the past five years, the British Trade and Investment office plans to establish its permanent branch in Phnom Penh. British companies are eyeing investment opportunities in education, construction and ...
New panel for teachers’ problems
Teachers will be able to file complaints to the government under a new commission led by Minister of Education, Youth and Sport Hang Chuon Naron. The commission will include Naron as chairman, two undersecretaries of state as deputies and a number of other officials. ...
Chhay Channyda
http://phnompenhpost.com/national/new-panel-teachers%E2%80%99-problems
Cambodia's banking industry sees robust growth in 2012
Cambodia’s banking sector has maintained strong and steady growth in terms of loans and deposits in 2012 thanks to better economic performance, a central bank’s senior official said Tuesday. “Our banking system remains robust this year despite economic crisis in Europe and economic slowdown in the ...
http://news.xinhuanet.com/english/business/2012-12/25/c_132062871.htm
Japanese capital flooding in to Cambodia
Total Japanese investment in Cambodia under the Kingdom’s qualified investment project (QIP) scheme surged tenfold during the first half of the year, driven by Japan’s improved economy and a hefty capital injection by one of its biggest retail giants. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-capital-flooding-cambodia
Japan to provide Cambodia with nearly 34 mln USD grant aid
Cambodia will sign to receive 33.9 million U.S. dollars in grant aid from Japan for three projects in small hydropower dams, healthcare and education, according to a news release from Cambodia’s foreign ministry on Monday. ...
ARDB farm loans now total $31M
Farm loan applications to the state-owned Agricultural and Rural Development Bank (ARDB) reached $31 million on Friday. ARDB director-general Kao Thach said applications for government loans have been growing rapidly since the government officially launched a $50 million fund in March. ...
Thou Vireak
https://www.phnompenhpost.com/business/ardb-farm-loans-now-total-31m
Private sector worried over universal wage law
The private sector is concerned that the newly proposed universal minimum wage law, which is reportedly being drafted by the government and comes on the heels of numerous new labour regulations, has created a climate of uncertainty, according to an industry expert. ...
Robin Spiess
http://www.phnompenhpost.com/business/private-sector-worried-over-universal-wage-law
Growth at risk from ‘turmoil’
Cambodia’s Minister of Commerce and long-time ruling party stalwart Cham Prasidh said yesterday that post-election demonstrations could prevent growth and even result in small-scale looting. “If they want to destroy the economy, they have to protest more and more in order to destroy,” he said. Speaking ...
http://www.phnompenhpost.com/business/growth-risk-%E2%80%98turmoil%E2%80%99
91 NGOs Condemn Gov't Violence in Statement
Ninety-one NGOs put their names to a statement yesterday condemning the government’s escalating use of armed force against peaceful protesters and urged the authorities to engage with them to “break the current cycle of violence and impunity.” Joined by local human rights groups such as Adhoc ...
Hun Sen pushes for malaria-free Kingdom
The government has called on all relevant institutes and local authorities, as well as international development partners, to help make Cambodia a malaria-free country. Prime Minister Hun Sen released a letter this week to celebrate World Malaria Day today under the theme Ready to Beat ...
Mom Kunthear
https://www.khmertimeskh.com/50483342/hun-sen-pushes-for-malaria-free-kingdom-2/
Tycoon’s son receives 6,234 hectares in Botum Sakor National Park
A company linked to the son of tycoon Ly Yong Phat received a 6,234 hectare concession inside Botum Sakor National Park, according to a January sub-decree signed by Prime Minister Hun Sen and published on Wednesday. ...
Eung Sea
https://cambojanews.com/tycoons-son-receives-6234-hectares-in-botum-sakor-national-park/
Japanese Bank to Sign Agreement With Acleda
One of the largest banks in Japan, Sumimoto Mitsui Banking Co., will sign an agreement with Acleda Bank Friday to share market data and banking services, Acleda announced yesterday. The deal would allow Sumimoto Mitsui, which currently only has a representative branch in Cambodia, to access ...
Feature: Slum dwellers in Cambodian capital want to benefit from development
Phnom Penh, Cambodia’s capital and largest city, has seen rapid development in the last decade — numerous high-rises, large shopping malls and business centres as well as public parks are beautifying this city — in the meantime, slum-dwellers are also on the rise. According to the ...
http://news.xinhuanet.com/english/world/2013-08/18/c_132641165.htm
Ex-VOD workers offered civil state employment
Prime Minister Hun Sen has announced that roles within the state framework will be made available for any former employees of online media outlet VOD who wish to engage in public affairs. ...
Ry Sochan
https://www.phnompenhpost.com/national/ex-vod-workers-offered-civil-state-employment
President Obama Expected to Attend Summit in Phnom Penh
A senior White House official has again indicated that U.S. President Barack Obama is expected to attend the East Asia Summit in Phnom Penh in November. U.S. Assistant Secretary of State for East Asia and Pacific Affairs Kurt Campbell reiterated Mr. Obama’s plans to attend the ...
Sanctuary concessions granted
The ministry’s report, which it shared on its Facebook page, said CRCK II Rubber Development and Bean Heack Investment Co Ltd have been respectively allowed to develop 7,121.78ha and 4,128.66ha within Boeung Pear Wildlife Sanctuary in Kampong Thom province. Following the granting of the concessions, the ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/sanctuary-concessions-granted
LANGO discussions end in stalemate
The government and members of the civil society organisation met for the sixth and final time yesterday to discuss amendments to the Law on Association and Non-governmental Organisations, which still remains unresolved. The government working group led by Interior Ministry secretary of state Bun Honn ...
Ben Sokhean
https://www.khmertimeskh.com/50741970/lango-discussions-end-in-stalemate/
New int’l airport nearly half complete as travel industry returns to life
Construction of a new airport that is slated to serve the capital has passed the 43 per cent completion mark, raising prospects for a proper recovery in the civil aviation and tourism sectors as international travellers return to the Kingdom in increasingly large numbers. ...
May Kunmakara
https://www.phnompenhpost.com/business/new-intl-airport-nearly-half-complete-travel-industry-returns-life