News

Cambodia improves human development Index

Cambodia’s improvements on human development are the biggest in the region, but standards of living still lag behind neighboring nations, United Nations Development Program (UNDP) figures have shown.   ...

Khmer Times Staff
http://www.khmertimeskh.com/news/36740/cambodia-improves-human-development-index/

Specialist food factory shapes up

Confirel Co. Ltd. and Pharma Product Manufacturing Enterprise will unveil its $7 million factory in Phnom Penh to process Kampong Speu palm sugar and Kampot pepper by July, the company said. ...

Sok Chan
http://www.khmertimeskh.com/news/36732/specialist-food-factory-shapes-up/

Push to increase education, training

A senior government official has urged the Ministry of Education, Youth and Sport to help children – both those who have never attended school as well as dropouts – get an education or receive training to improve their job prospects and income. ...

Pech Sotheary
http://www.khmertimeskh.com/news/36747/push-to-increase-education--training/

Slow start for observer sign-ups ahead of commune polls

About 500 Cambodians have registered as observers for the June commune elections, falling well short of the more than 20,000 that civil society groups are hoping for, while not a single foreigner has signed up yet, the National Election Committee (NEC) said on Tuesday.   ...

Ben Sokhean
http://www.khmertimeskh.com/news/36732/specialist-food-factory-shapes-up/

Families call for return of land

A group of 20 people representing 554 families locked in a 10-year land dispute yesterday submitted a petition asking the government to end the lengthy conflict.   ...

Pech Sotheary
http://www.khmertimeskh.com/news/36748/families-call-for-return-of-land/

Dropout rates dropped in ’16, Education Ministry says

Significantly fewer upper secondary students dropped out of school in 2016 compared to the previous year, but Cambodian education authorities say they still want to halve the rate to improve graduation rates and students’ chances of success in life. ...

Touch Sokha
http://www.phnompenhpost.com/national/dropout-rates-dropped-16-education-ministry-says

Traders urged to use riel

In an effort to boost the use of the riel, private companies have called on the National Bank of Cambodia (NBC) to ensure that all goods worth less than $100 are priced in riel. ...

Sok Chan
http://www.khmertimeskh.com/news/36683/traders-urged-to-use-riel/

Warning on Vietnamese pork

The public has been warned not to eat pork from Vietnam after an outbreak of a serious disease in pig farms across the border. The Agriculture Ministry’s department of animal health and production is enforcing additional precautionary measures to ensure contaminated pork from Vietnam does not ...

Pech Sotheary
http://www.khmertimeskh.com/news/36702/warning-on-vietnamese-pork/

Ministry of foreign affairs to build first diplomatic institute

The Foreign Affairs Ministry expects to complete construction on its first training institute for local diplomats in the next 18 months, officials said Monday. Foreign Affairs Ministry spokes-man Chum Sounry said work on the National Institute for Diplomatic and Relations of International Study began in December. ...

Chhorn Phearun
https://www.cambodiadaily.com/second2/ministry-foreign-affairs-build-first-diplomatic-institute-126811/

King urges people to vote without fear

King Norodom Sihamoni yesterday urged Cambodians to exercise their right to vote in the upcoming commune elections without fear of external pressure.​ In a royal message signed on February 20 but released yesterday, he reassured the public that they will be able to cast their ...

May Titthara
http://www.khmertimeskh.com/news/36701/king-urges-people-to-vote-without-fear/

Level the playing field: PM to World Trade Organization

Prime Minister Hun Sen accused the World Trade Organization (WTO) of operating under a double standard yesterday, claiming the international trade body was applying pressure on small developing economies while overlooking the regulatory breaches of its more developed member states. ...

Kali Kotoski and Touch Sokha
http://www.phnompenhpost.com/business/level-playing-field-pm-world-trade-organization

Dam blamed as dolphins vanish

The last remaining Irrawaddy dolphins have stopped coming to a stretch of the Mekong river in Preah Rumkel commune due to the Don Sahong hydropower dam in nearby Laos, locals have warned. ...

May Titthara
http://www.khmertimeskh.com/news/36700/dam-blamed-as-dolphins-vanish/

International trade swells to $22B

The value of Cambodia’s international trade surged to $22 billion last year on double-digit growth of both imports and exports, according to newly released data from the Ministry of Commerce. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/international-trade-swells-22b

Make RCEP a success, says Hun Sen

Cambodia is committed to join hands with other Asean member states to make the Regional Comprehensive Economic Partnership (RCEP) a success after the cancellation of the US-backed Trans-Pacific Partnership (TPP), said Prime Minister Hun Sen yesterday. ...

May Kunmakara
http://www.khmertimeskh.com/news/36681/make-rcep-a-success--says-hun-sen/

Credit Bureau Cambodia expands database, makes switch to riel

The credit histories of about 400,000 borrowers were added to its database last year, raising the number to slightly more than 4 million in credit bureau database, Credit Bureau Cambodia Interim CEO Mr. Oeur Sothearoath says at the bureau’s newly opened office in Vattanac Capital. ...

Khmer Times
http://www.khmertimeskh.com/news/36598/credit-bureau-cambodia-expands--database--makes-switch-to-riel/

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/

Emerald to issue Okvau feasibility study soon

Australian mining firm Emerald Resources is on track to complete its definitive feasibility study for its Okvau gold project in Mondulkiri province by the end of this month, the company reported in a filing on the Australian Securities Exchange (ASX). ...

Post Staff
http://www.phnompenhpost.com/business/emerald-issue-okvau-feasibility-study-soon

Commune hopefuls to get their 15 minutes

The National Election Committee on Saturday announced new guidelines for the June commune elections, granting all 12 registered parties equal airtime on government-run broadcaster TVK. ...

Lay Samean
http://www.phnompenhpost.com/national/commune-hopefuls-get-their-15-minutes

Masked farmers raid, burn down community forestry office

Officials are still investigating an arson attack on a Mondolkiri province community forestry monitoring office by dozens of masked farmers on Friday, in what they suspect was retaliation for preventing the farmers from growing cassava in a protected area. ...

Van Roeun
https://www.cambodiadaily.com/news/masked-farmers-raid-burn-down-community-forestry-office-126759/

Microlender in monster deal

Hong Kong financial giant The Bank of East Asia and Sri Lanka’s LOLC announced on Friday that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution (MFI) by assets, in what could be the largest acquisition of a Cambodian lender ...

Kali Kotoski
http://www.phnompenhpost.com/business/microlender-monster-deal

Wing promotes Khmer riel circulation among its customers

Made by Cambodians for Cambodians, Wing (Cambodia) Limited Specialized Bank, the leading mobile banking services provider in Cambodia, is proud to join the National Bank of Cambodia (NBC) in promoting Khmer Riel usage among its customers across the country by establishing service charges, as well ...

Khmer Times Team
http://www.khmertimeskh.com/news/36594/wing-promotes-khmer-riel--circulation-among-its-customers/

Microloans work for some, leave many in debt

Nearly everyone living in Pann Sopheatra’s village, just across the Mekong River from Phnom Penh, has either taken out a microfinance loan or knows someone who has.   ...

Matt Surrusco and Buth Kimsay
https://www.cambodiadaily.com/news/microloans-work-for-some-leave-many-in-debt-126762/

Salary raises coming for local officials ahead of June elections

All elected local officials will see their salaries raised next month—just ahead of commune elections in June—after a sub-decree was signed by Prime Minister Hun Sen on Friday.   ...

Ouch Sony
https://www.cambodiadaily.com/news/salary-raises-coming-for-local-officials-ahead-of-june-elections-126757/

Canadian miner renews five licences, drops two

Canadian mining firm Angkor Gold has received approval from the Ministry of Mines and Energy to extend its exploration licences for five tenements for an additional three years with the option of extending another four years after, the company said in a press release. ...

Post Staff
http://www.phnompenhpost.com/business/canadian-miner-renews-five-licences-drops-two

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