Over 94% of lower secondary students pass diploma exams
The number of students who passed the lower secondary exam this year was 94.78%, said the Ministry of Education, Youth and Sport. ...
Torn Vibol
https://www.khmertimeskh.com/501386402/over-94-of-lower-secondary-students-pass-diploma-exams/
GIZ fund of $4.5M to reinforce Kingdom’s SMEs
German international development organisation Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) will provide $4.5 million in aid to promote a small- and medium-sized enterprise (SME) development project in four Asean countries, including Cambodia. In Cambodia, Ministry of Industry and Handicrafts undersecretary of state Son Seng Huot ...
Thou Vireak
https://www.phnompenhpost.com/business/giz-fund-45m-reinforce-kingdoms-smes
Ministry of Environment to strengthen marine environment and biodiversity protection
The Ministry of Environment signed an agreement to protect Cambodia’s marine environment and biodiversity. ...
Khmer Times Staff
https://www.khmertimeskh.com/50975857/ministry-of-environment-to-strengthen-marine-environment-and-biodiversity-protection/
World bank project in trouble before it starts
Between 2008 and 2015, the World Bank and German aid agency GIZ spent $13 million setting up eight social land concessions for thousands of the poorest Cambodians, doling out small farms they could use to pull themselves out of poverty and, after a few years, ...
Zsombor Peter and Aun Pheap
https://www.cambodiadaily.com/news/world-bank-project-in-trouble-before-it-starts-108700/
GIZ project to support local SMEs
German international development organisation Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) and the Ministry of Industry and Handicrafts met this week to explore ways of facilitating import and export activities for small and medium-sized enterprises (SMEs) as part as the Integration Support Project Asean plus Cambodia ...
Thou Vireak
https://www.phnompenhpost.com/business/giz-project-support-local-smes
Cham Nimul urges all crucial partners and stakeholders to deeply engage in the initial stages of the EU GATE Project
On 15 March 2024, Cham Nimul, Minister of Commerce, presided over the conclusion of ARISE Plus Cambodia and the launch of “EU Global Access and Trade Expertise (GATE)” with many participants from the Ministry of Commerce, representatives from the relevant partner and stakeholders. ...
Khmer Times Staff
https://www.khmertimeskh.com/501456894/cham-nimul-urges-all-crucial-partners-and-stakeholders-to-deeply-engage-in-the-initial-stages-of-the-eu-gate-project/
PPSEZ IPO fully subscribed
After an unexpected surge in Thai investor interest, Phnom Penh SEZ Plc has secured sufficient commitments to fully cover the strategic and bookbuild share allocations of its initial public offering (IPO), and has determined an issue price for shares to be listed on the Cambodian ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-ipo-fully-subscribed
Riversgold to use IPO proceeds in its search for Mondulkiri gold
Riversgold, an Australian gold exploration startup, will use the proceeds of its upcoming initial public offering (IPO) to acquire and develop mineral exploration projects in Australia, the US and Cambodia, according to a company prospectus. ...
Cam McGrath
http://www.phnompenhpost.com/business/riversgold-use-ipo-proceeds-its-search-mondulkiri-gold
Insurance Institute To Boost Skills in Kingdom
An insurance training centre is being planned in Cambodia to develop local expertise lacking in the Kingdom’s nascent insurance industry. The institute hopes to offer diploma courses to industry leaders here so they in turn will be qualified to provide insurance training to others, such as ...
Malaysian Insurance Institute signs agreement with Cambodia Insurance Ass’n.
The Malaysian Insurance Institute (MII) and the Insurance Association of Cambodia (IAC) have signed a Memorandum of Understanding (MoU) for “a bilateral collaboration to forge a beneficial business relationship to further enhance insurance knowledge and skills development for the insurance industry in Cambodia,” said a ...
Insurance Journal News Staff
http://www.insurancejournal.com/news/international/2014/03/03/321950.htm
Repo auction offers quick liquidity fix
The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...
Hor Kimsay
http://www.phnompenhpost.com/business/repo-auction-offers-quick-liquidity-fix
Sihanoukville gets ready for listing
The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before it is listed on the Cambodia Securities Exchange late next month. ...
Chea Vannak
http://www.khmertimeskh.com/news/37759/sihanoukville-gets-ready-for-listing/
DBD becomes Growth Board’s first listing
DBD Engineering Plc, a local multi-purpose engineering and construction firm, went public via initial public offering (IPO) on the Cambodia Securities Exchange’s (CSX) Growth Board on September 6. ...
Thou Vireak
https://www.phnompenhpost.com/business/dbd-becomes-growth-boards-first-listing
Six MDIs ideal for financial progress: experts
The central bank’s decision to stop issuing new business licences to microfinance deposit-taking institutions (MDI) and encourage mergers among existing banking and financial institutions is a viable strategy that will help strengthen the Cambodian financial sector and is in line with current economic growth trends, ...
Hin Pisei
https://www.phnompenhpost.com/business/six-mdis-ideal-financial-progress-experts
PM calls for accurate reporting
Prime Minister Hun Sen has called on all media institutions in the country to disseminate accurate news and avoid immoral acts and commentary that could sway public opinion or that of the judiciary. ...
Taing Vida
http://www.khmertimeskh.com/news/34311/pm-calls-for-accurate-reporting/
Major banking houses deny relationship with GFX as ‘embezzled’ funds reach $27M
Allegations that GoldFX Co Ltd (GFX) board members embezzled what is now understood to be $27 million took a twist as financial houses said they had no relationship with the derivatives company. ...
Husain Haider
https://www.khmertimeskh.com/50840914/major-banking-houses-deny-relationship-with-gfx-as-embezzled-funds-reach-27m/
Annual reports show three pictures of financial sector’s 2020
Three prominent financial houses – Hattha Bank Plc, PRASAC Microfinance Institution (MFI) Plc and PPCBank Plc – released their annual financial reports and, in so doing, delivered a comprehensive look at how the sector in general fared over the course of pandemic-struck 2020. ...
Husain Haider and William Nygren
https://www.khmertimeskh.com/50834597/annual-reports-show-three-pictures-of-financial-sectors-2020/
Cambodia, Vietnam boost inspection cooperation
Cambodia and Vietnam are committed to fostering their cooperation on inspection work, especially on complaint resolution, anti-corruption, power abuses, and so on. ...
Khmer Times Staff
https://www.khmertimeskh.com/501341443/cambodia-vietnam-boost-inspection-cooperation/#:~:text=Cambodia%20and%20Vietnam%20are%20committed,power%20abuses%2C%20and%20so%20on.
Germany and WFP to provide cash assistance to support recovery of vulnerable Cambodian families
The Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ), on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), has committed EUR5 million, approximately US$6 million to provide cash assistance to vulnerable households to support their recovery, according to press release from Work Food ...
Khmer Times Staff
https://www.khmertimeskh.com/50942872/germany-and-wfp-to-provide-cash-assistance-to-support-recovery-of-vulnerable-cambodian-families/
Acleda to be listed on CSX
Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-be-listed-csx