The Phnom Penh Post
Banking with a positive spin
A banking sector initiative launched on September 19 aims to advise Cambodia’s financial sector on best practices for sustainable lending while capitalising on the growing pool of international funds that could flow into green and socially responsible projects. The Sustainable Finance Initiative will conduct two years of ...
Terms announced on rice lending package
The government-owned bank charged with issuing $27 million in emergency loans to rice millers as part of an initiative aimed at propping up the struggling rice industry announced the terms of the credit lines on September 19, and said it would ensure that the funds ...
PM weighs in on rice lending
Rice millers said on September 18 they welcomed the prime minister’s announcement that the government would make over $20 million in funds available shortly to support cash-strapped millers and prop up falling paddy prices.“We’ve been waiting for these loans for a long time like fish waiting ...
Officials ramping up efforts to prevent Zika
With Zika cases on the rise in neighbouring countries, Cambodian health officials have ordered provinces with a high mosquito density, and those close to the Thai border, to spray pesticides to eliminate Aedes mosquitoes potentially carrying the virus. As of yesterday, no Zika cases – ...
Plan to certify organic quality
GIZ Cambodia, a branch of Germany’s international development agency, signed an agreement on September 15 with local organic food retailer Khmer Organic Cooperative to provide technical support to develop organic vegetable production and to assist the firm in obtaining certification for its products. The agreement calls for ...
Meet on freedom of information law as due date nears
Representatives of around 20 civil society organisations will meet on September 16 to discuss key chapters of Cambodia’s long-gestating freedom of information law, which is meant to be completed by late December. “We’ll discuss mechanisms to submit complaints if people don’t receive the requested information,” said ...
Provinces prepare for worst amid downpour
With the rainy season in full swing, authorities in Oddar Meanchey and Kampong Thom provinces are taking measures to cope with flooding that has resulted from three straight days of downpour. Chea Piseth, spokesman for Oddar Meanchey Provincial Hall, on September 14 said that National Road 67A ...
No sign of relief for rice industry
As the harvest season of Cambodia’s most important crop kicks off, a crisis is looming as both rice farmers and millers face crippling capital shortages and a promised industry lifeline has yet to materialise. Industry experts said on September 14 that these small farmers desperate to pay ...
Chinese outfit moots two new railway lines
A Chinese engineering firm has proposed adding a pair of new railway lines to Cambodia’s fledgling rail infrastructure, with the Ministry of Transportation saying they’re interested – if the company can pay for it. Representatives from Jiangxi International (Cambodia) Ltd met with Transportation Minister Sun Chanthol ...
Workers urged to get docs
The Ministry of Labour on September 12 reminded an estimated 380,000 Cambodian migrant workers in Thailand who hold temporary work permits – also known as pink cards – to apply for more permanent documents when registration opens online later this month. In its letter, the ministry reminded ...
