Maybank sees mobile banking as key to promoting the riel
There is a simple reason why Maybank has been named the most innovative bank in Malaysia, explains the CEO of its Cambodian subsidiary. “We have observed that innovation has no borders,” says Ms. Cynthia Liaw in her office at the bank’s headquarters on Norodom Blvd. ...
Khmer Times
http://www.khmertimeskh.com/news/36596/maybank-sees-mobile-banking--as-key-to-promoting-the-riel/
Illegal timber found in raid
The forestry administration in cooperation with Stung Treng Provincial Court raided a house on Wednesday, yielding hundreds of pieces of illegal timber. Provincial court spokesman Chhum Seanghak confirmed the raid, but said no arrests were made. He declined further comment, referring questions to deputy prosecutor Kim ...
Pav Suy
http://www.khmertimeskh.com/50103161/illegal-timber-found-in-raid/
Japanses Police Arrest Ten for Defrauding Investors
Tokyo police arrested 10 Japanese nationals earlier this month for allegedly defrauding more than 1,000 investors out of $20 millions using fictitious investment projects in Cambodia, according to Japanese media reports. “The Metropolitan Police Department found no evidence that the amount of money raised was ...
Stung Treng looks to revamp jungle airport
Officials in the northeastern province of Stung Treng hope future travellers will trade their bus seats for plane tickets. no fuctional airport exists in the province, but local officials are demarcating, and looking to revamp, a landing strip that was installed when Cambodia was a protectorate ...
Report claims $75 Million in damages from January demonstrations
The Cambodian government says it has no plans so far to carry out a lawsuit against the opposition for damages from violent demonstrations in January. The Ministry of Interior has released a report, claiming $72 million in public and private damages, including to 95 different factories, ...
Khoun Theara
http://www.voacambodia.com/content/report-claims-75-million-in-damages-from-january-demonstrations/1883036.html
Army wants students
As part of its plan to up Cambodia’s soldier count, the Ministry of Defence is recruiting 620 university students. The candidates from the 2014-2015 academic year are to be volunteers with no criminal backgrounds, according to an official announcement. The recruitment drive spans the month of ...
May Titthara
http://phnompenhpost.com/national/army-wants-students
High-stakes Grade 12 exams kick off
Education Minister Hang Chuon Naron applauded the vast majority of Grade-12 students for obeying the strict no-cheating rules he introduced three years ago as nationwide testing kicked off yesterday with relatively few hiccups. ...
Khouth Sophak Chakrya and Yesenia Amaro
http://www.phnompenhpost.com/national/high-stakes-grade-12-exams-kick
Post Covid recovery of Cambodia’s garment and tourism industries
The Covid-19 pandemic brought widespread economic disruption across the globe, and Cambodia was no exception. ...
Hong Raksmey
https://www.phnompenhpost.com/business/post-covid-recovery-of-cambodia-s-garment-and-tourism-industries
Credit life insurance provides a safety net for borrowers
More Cambodians than ever are turning to microfinance for money to cover their small business endeavours or pay expenses, and, increasingly, they are looking to protect their families from the burden of these debts in the event of death or disability. ...
Hor Kimsay
http://www.phnompenhpost.com/business/credit-life-insurance-provides-safety-net-borrowers
MFIs moving swiftly on mobile banking
Microfinance institutions (MFIs) have been expanding their financial services to include the use of mobile phones, a move aimed at boosting services for people in rural areas who find it difficult or expensive to travel to offices in towns or villages. ...
Chea Vannak
http://www.khmertimeskh.com/news/22797/mfis-moving-swiftly-on-mobile-banking/
Council of ministers react to CNRP lawmakers
The Council of Ministers’ secretary of state Tek Reth Samrach clarified a recent directive, which ordered all government officials in all ministries and institutions to get formal approval from the respective minister before meeting with or providing clarifications to parliamentary commissions or groups. ...
Ven Rathavong
http://www.khmertimeskh.com/news/12515/council-of-ministers-react-to-cnrp-lawmakers/
US Embassy: Chinese trade does not help like the West’s
The US Embassy in Phnom Penh on Friday said relations between China and Cambodia did not create jobs or help industry when compared to the trade between the Kingdom and the US. “About 87 per cent of trade [with China] are Chinese imports, which do ...
Long Kimmarita
https://www.phnompenhpost.com/national/us-embassy-chinese-trade-does-not-help-wests
Fear ‘making bloggers, reporters self-censor’
Cambodian bloggers and journalists often self-censor out of fear that they could face legal or physical threats, the Cambodian Center for Human Rights said in a report on freedom of expression released yesterday. The policy brief, a summary of six roundtable discussions held over the past ...
Kevin Ponniah
http://www.phnompenhpost.com/national/fear-%E2%80%98making-bloggers-reporters-self-censor%E2%80%99
Economic police officers charged for taking payment
Two Phnom Penh economic police officers were charged with misappropriation of public funds Tuesday by the municipal court and placed in pretrial detention at Prey Sar prison, according to court staff. Theng Ramy, a clerk for the court’s prosecution office, identified the charged officers as Sok ...
Khy Sovuthy
http://www.cambodiadaily.com/news/economic-police-officers-charged-for-taking-payment-53534/
Failed students weigh future
As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...
Laignee Barron and Sen David
http://www.phnompenhpost.com/national/failed-students-weigh-future
After Deadly Factory Collapse, Safety Improvements Scarce
On May 16, immediately after the ceiling of a shoe factory collapsed in Kompong Speu province, leaving two people dead, promises were made to prosecute those responsible for the tragedy and to conduct a nationwide inspection of all factories. “We will have a committee investigate clearly ...
http://www.cambodiadaily.com/news/after-deadly-factory-collapse-safety-improvements-scarce-39041/
Wing, Foreign Trade Bank partner to offer prepaid Visa Cards
Mobile payment company Wing and the Foreign Trade Bank (FTB) of Cambodia on Monday announced they had joined forces to expand the bank’s already-existing prepaid Visa card network in an effort to make it easier for locals without bank accounts to have access to electronic ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/wing-foreign-trade-bank-partner-to-offer-prepaid-visa-cards-52487/
Kandal authorities deny land grab claims
Authorities in Kandal province’s Sa’ang district on Monday denied the claims of some 30 families in Roka Khpos commune that there are plans to confiscate their land to construct a wastewater treatment facility, saying that long-term local residents no longer own land in the area. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/kandal-authorities-deny-land-grab-claims
Global brands welcome wage rise
Major global brands that source from Cambodia welcome the recent rise in the basic minimum wage for the country’s more than 700,000 garment workers, representatives of three brands told Khmer Times yesterday. They have no plans to shift sourcing to other countries where wages are ...
May Kunmakara
http://www.khmertimeskh.com/news/16958/global-brands-welcome-wage-rise/
EU not taking action on garment industry
The European Union ambassador to Cambodia assured union officials on Tuesday that no sanctions on the garment sector had been taken. Former opposition leader Sam Rainsy and several civil society groups have called for sanctions on the garment industry following the dissolution of the opposition CNRP ...
Mom Kunthear
http://www.khmertimeskh.com/5095913/eu-not-taking-action-garment-industry/