News
Education Ministry, ADB to Probe Textbook Theft
The Education Ministry and the Asian Development Bank (ADB) said Monday that they had begun a joint investigation into the misappropriation of textbooks intended for secondary school students under an ADB-funded scheme. Two NGOs on Thursday released results of an investigation into 33 secondary schools, which ...
Matt Blomberg and Ben Sokhean
http://www.cambodiadaily.com/news/education-ministry-adb-to-probe-textbook-theft-49779/
Ministries to Embark on Project With Microsoft
Technology giant Microsoft is expected to sign a memorandum of understanding with the Ministry of Education as well as the Ministry of Culture and Fine Arts to help build a free online Khmer-language database for users to translate documents between Khmer and other languages, a ...
Sek Odom
http://www.cambodiadaily.com/business/ministries-to-embark-on-project-with-microsoft-47964/
Public supplies put to private use, union says
An Oddar Meanchey director of education is denying a complaint filed to the Ministry of Education alleging he took school supplies from a public school for use in a private school and pocketed salaries of teachers who no longer worked there. In a letter dated Monday, ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/public-supplies-put-private-use-union-says
NGOs see gap in rights record
A group of NGOs condemned rampant abuses of sexual and reproductive health rights in Cambodia last week, just days before the government submitted a human rights progress report to the United Nations. The Cambodian Center for Human Rights, in cooperation with the Asia Pacific Network of ...
Laignee Barron
http://www.phnompenhpost.com/national/ngos-see-gap-rights-record
Education to Receive 20% Boost in 2014 Budget
The Education Ministry on Monday said it was in line for a near 20 percent hike from the government’s $3.52 billion draft budget for 2014, approved by Prime Minister Hun Sen’s Cabinet on Friday, though other details of how money was to be allocated remained ...
Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/news/education-to-receive-20-boost-in-2014-budget-46127/
Five More Years For Hun Sen; Some Ministers Reshuffled
A day after its opening session and still devoid of the 55 lawmakers-elect of the opposition CNRP, the country’s new, one-party National Assembly voted Prime Minister Hun Sen in for yet another five-year term Tuesday and approved an extensive reshuffle of his Cabinet. In a ...
Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/elections/five-more-years-for-hun-sen-some-ministers-reshuffled-43133/
Familiar feel to shuffle
Ten of the Kingdom’s 24 ministerial positions are set to be reshuffled at the launch of the new government, according to an internal party memo obtained yesterday. Among those tapped for a cabinet position is Say Sam El – the 34-year-old son of Senate deputy president ...
Vong Sokheng
http://www.phnompenhpost.com/national/familiar-feel-shuffle
Cambodia growth to continue, but development faces shortfalls
Despite steady economic growth in recent years, Cambodia remains one of the least-developed countries in the Asia-Pacific region and faces the challenge of diversifying its economy and moving up the production value chain, the U.N. Economic and Social Commission for Asia and the Pacific (ESCAP) ...
Lauren Crothers, P. 20
http://The Cambodia Daily
Hun Sen Reaches for Ambitious Income Target
Going by the World Bank’s method of grouping nation states by their wealth, Cambodia this year could become a lower-middle income country. Not satisfied, however, with this graduation—a feat in itself from Cambodia’s position of extreme poverty just two decades ago when gross domestic product (GDP) ...
http://www.cambodiadaily.com/business/hun-sen-reaches-for-ambitious-income-target-18766/
Investment law to be revised
The government is planning to revise the Kingdom’s investment laws this year to draw more foreign direct investment as the country adjusts to the fast-changing regional and global landscapes, according to Secretary General of the Council for the Development of Cambodia (CDC) Sok Chenda Sophea. Speaking ...
http://www.phnompenhpost.com/2013030861826/Business/investment-law-to-be-revised.html
Manufacturing to diversify
While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...
http://www.phnompenhpost.com/2013022561577/Business/manufacturing-to-diversify.html
FDI to grow small businesses in Cambodia
The recent growth of foreign direct investment (FDI) into the Kingdom will be a good opportunity to develop small- and medium- sized businesses, an official said yesterday. According to Hang Chuon Naron, deputy director of the National Economic Supreme Council and secretary of state at the ...
http://www.phnompenhpost.com/2013012260903/Business/fdi-to-grow-small-businesses-in-cambodia.html
Kingdom's 2011 GDP hits 6.9%
Cambodia’s gross domestic product grew 6.9 per cent year-on-year in 2011, and is set to increase to 6.5 per cent this year, according to preliminary projections from the Ministry of Economy and Finance. Agriculture, which was hit hard by floods last year, climbed 3.3 per cent, ...
http://www.phnompenhpost.com/index.php/2012012754182/Business/kingdoms-2011-gdp-hits-69.html
Petrol prices squeeze domestic consumers
Soaring prices for gasoline and goods have hurt some Cambodian consumers, causing what economists have said was a drop in the living standard of the Kingdom’s lower-income population. Gasoline traded at 5,300 riel per litre in Phnom Penh yesterday, an increase of about 12 percent ...
Inflation Report To Be Delayed Official Says
With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...