SME Bank ‘must relax its criteria for loans’
THE President of the Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) Te Taingpor has requested the SME Bank of Cambodia and participating financial institutions to extend the payment period of the SME Co-Financing Scheme from four to six years and take ...
Sok Chan
https://www.khmertimeskh.com/50720985/sme-bank-must-relax-its-criteria-for-loans/
Cambodia’s economy forecasted to grow by 5.5 percent in 2022 despite gloom this year
Cambodia’s economy is forecast to experience a rebound of 5.5 percent in 2022 despite a modest reduced 1.9 percent growth is forecasted this year amid the prolonged coronavirus pandemic, according to the Asian Development Bank (ADB). ...
Khmer Times Staff
https://www.khmertimeskh.com/50939987/cambodias-economy-forecasted-to-grow-by-5-5-percent-in-2022-despite-gloom-this-year/
New non-SEZ projects fall 24.11%
Despite a modest improvement in the Covid-19 situation in Cambodia, the number of new projects outside of special economic zones (SEZ) approved by the Council for the Development of Cambodia (CDC) saw a sharp decline in January-November 2021 compared to the same period a year ...
Hin Pisei
https://www.phnompenhpost.com/business/new-non-sez-projects-fall-2411
ADB says RCEP, bilateral FTAs to bring great benefits to Cambodia
The Regional Comprehensive Economic Partnership (RCEP) free trade deal and bilateral free trade agreements(FTAs) will bring a lot of benefits to Cambodia in the long term, Asian Development Bank (ADB) acting country director for Cambodia Anthony Gill said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501054249/adb-says-rcep-bilateral-ftas-to-bring-great-benefits-to-cambodia/
Single Portal entries pass 21K after 222 firms added in a week
A total of 222 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – in the week from 2pm January 16 to 2pm on the 23rd, bringing the cumulative figure to 21,137, according to the Online Business ...
Hin Pisei
https://www.phnompenhpost.com/business/single-portal-entries-pass-21k-after-222-firms-added-week
Chea Serey promoted to central bank governor
Chea Serey has been formally appointed as governor of the National Bank of Cambodia (NBC) on the heels of her promotion from central Banking director-general to deputy governor in March. ...
May Kunmakara
https://www.phnompenhpost.com/business/chea-serey-promoted-central-bank-governor
AIIB Loans to Cambodian Microlenders Risk Worsening a Human Rights Crisis
On 17th November 2022, LICADHA issued a joint statement on AIIB loans to Cambodian microlenders risk worsening a human rights crisis.We, the undersigned civil society organisations in Southeast Asia and Europe, decry the Asian Infrastructure Investment Bank’s (AIIB) approval of US$175 million in financing to ...
LICADHO
Cambodia, Thailand launch cross-border QR payment phase II
Cambodia and Thailand launched the second phase of their cross-border QR payment system, which aims to promote the use of local currencies, financial inclusion and cross-border trade and tourism. ...
Chea Vanyuth
https://www.khmertimeskh.com/501303481/cambodia-thailand-launch-cross-border-qr-payment-phase-ii/
ADB joint project helps reduce poverty along Tonle Sap River
Asia Development Bank (ADB) along with the International Fund for Agricultural Development (IFAD) under the guidance of the Royal Government has successfully implemented the project to support the poorest communities in the provinces along the Tonle Sap River through the Farmer Livelihood Improvement Association (FLIA), ...
Nhean Chamrong
https://www.khmertimeskh.com/501403667/adb-joint-project-helps-reduce-poverty-along-tonle-sap-river/
ARDB, GXAAS ink MoU to boost Kingdom’s agri sector
Agriculture and Rural Development Bank (ARDB), Cambodia’s leading agricultural Bank, and the Guangxi Academy of Sciences (GXAAS) Tuesday signed a Memorandum of Understanding (MoU) to collaborate on agricultural science and technology innovation. ...
Chea Vanyuth
https://www.khmertimeskh.com/501565911/ardb-gxaas-ink-mou-to-boost-kingdoms-agri-sector/
Correction and issuance of high school diplomas and provisional high school diplomas
On 10 September 2021, the Ministry of Education, Youth and Sports issued a notification on correction and issuance of high school diplomas and provisional high school diplomas.Applicant, parents or guardians and representatives of higher education institutions who wish to correct the information on the high ...
Ministry of Education, Youth and Sports
World Bank hears local officials’ woes for pending 3-year plan
High electricity prices, low wages, limited irrigation and modest rice and crop prices were among the top concerns raised by government officials at a workshop in Phnom Penh on Monday to help the World Bank decide how to spend its money on the country over ...
Aun Pheap and Zsombor Peter
https://www.cambodiadaily.com/news/world-bank-hears-local-officials-woes-for-pending-3-year-plan-87426/
Microfinance loans up 47 percent in first 6 months
Cambodia’s microfinance sector is continuing to grow at a rapid pace, with loan disbursements in the first six months of this year increasing almost 50 percent on last year, according to an industry association. ...
Kang Sothear and Tsz-kwan Ho
https://www.cambodiadaily.com/business/microfinance-loans-up-47-percent-in-first-6-months-90039/
ANZ launches human rights grievance mechanism in a first for the global banking sector
On 03 November 2021, the Equitable Cambodia issued a press release on ANZ launches human rights grievance mechanism in a first for the global banking sector.Australia’s ANZ bank launched a Grievance Mechanism Framework to evaluate and respond to human rights related complaints associated with its ...
Equitable Cambodia
Concessions Not for Logging, Hun Sen Says
Prime Minister Hun Sen yesterday told senior officials to stop investors from using land concessions as a pretext for logging and to discuss the possibility of reducing the amount of time such concessions can last. The government placed a moratorium on logging concessions in 2002 to ...
Wages will increase following economic growth
Hun Sen said salaries for civil servants and garment workers will increase yearly coinciding with the growth in the economy. Speaking at a graduation ceremony for the Royal University of Phnom Penh (RUPP) at the Koh Pich center on Tuesday, he said during the general assembly ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=Y2MzZjI4MzI3MzI
A factory or family dilemma
Being placed on consecutive short-term contracts in Cambodia’s predominantly female-staffed garment sector is forcing many women to choose between a family and a factory job, unionists and rights groups said yesterday. Ken Chenglang, acting president of the National Independent Federation Textile Union of Cambodia, said many ...
Amelia Woodside and Mom Kunthear
http://www.phnompenhpost.com/national/factory-or-family-dilemma
Youth seek tobacco curbs: org
A survey has found that while only 12 per cent of young Cambodians smoke cigarettes, more than four times that number are exposed to passive smoke every day, and a broad majority back tougher regulation of tobacco products. Mom Kong, executive director at the Cambodian Movement ...
Sen David
http://www.phnompenhpost.com/national/youth-seek-tobacco-curbs-org
Shock and awe as yellow-bellied weasel found in Cambodia
British conservation group Fauna & Flora International says it has captured the first image of a yellow-bellied weasel in Cambodia under a joint initiative with Oxford University. In a statement released Wednesday, the group said researchers led by FFI field biologist Channa Phan were conducting a ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ODkwYzM0ZDU2ZjA
Cambodia to issue new 100,000-riel banknote featuring royal family pictures
Cambodia will launch a new 100,000-riel banknote (in equivalent to 25 U.S. dollars) in order to celebrate the sixtieth birthday of King Norodom Sihamoni on May 14, a central bank official said Wednesday. A sub-decree on the issuance of the new 100,000-riel banknote was signed ...
http://news.xinhuanet.com/english/world/2013-05/08/c_132368449.htm