Tag Archives: national
MFI opens with $50m loan package
Sonata Microfinance Institution, a joint investment between local and foreign investors, officially started operations in Cambodia yesterday. A US$50 million loan package was signed during the ceremony on Thursday, providing Singapore-based EastWing Group and Japanese firm Grand Cooperation with a 30 per cent stake of the MFI. Continue reading
Posted in Khmer newspaper
Tagged business, cambodia, cambodian, ceremony, financial, industry, japanese, microfinance, national, national-bank, securities-firm, singapore-based, sokna, sonatra, told-the-post
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Government acts on rice price
Photo by: Sreng Meng Srun Villagers push bicycles along a submerged road that passes through flooded rice paddies in Chong Kroch village, in Prey Veng province’s Pea Reang district, earlier this month. Prime Minister Hun Sen has instructed the state-owned Rural Development Bank to finance a release of rice stock in order to quell worries over rapidly climbing prices Continue reading
Posted in Khmer newspaper
Tagged cambodian, cambodian-rice, mainly-exported, national, rural, rural-development, saing-koma, study, vanish-if-water
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Fast Relief Urged for Families in Flooding
The relief organization Oxfam American on Tuesday called for increased efforts to help tens of thousands of families cope with severe flooding across the country. The US-based group said displaced people need food deliveries, clean water, sanitation supplies and shelters, as the death toll from floods in August rose to 164 people and nearly 21,000 people have been displaced. Continue reading
Posted in Khmer newspaper
Tagged america, cambodia, committee, country, environment, francis-perez, kampong-thom, national, oxfam-america, prime-minister, said-it-expects, towards-central, vietnam
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Kingdom suspected origin of cyber attack
Betfair, the world’s largest online betting company, has named Cambodia as the possible origin of a cyber attack in which payment information from 2.3 million users was stolen. Cambodia was the only country that had been identified by Betfair, which is based in Britain, in connection with the security breach on March 14 last year, company spokesman Jonathan Lates said yesterday. Continue reading
Posted in Khmer newspaper
Tagged business, cambodia, countries, development, highly-infected, internet-security, kingdom, national, user
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Obama’s Job Plan Hopes To Avert Downturn: Economist
A major plan put forward by US President Barrack Obama could create jobs and settle fears of another American economic slowdown, a Cambodian economics professor said Tuesday last week. Duch Darin, an adjunct professor at Tallahassee Community College in Florida, told VOA Khmer that Obama’s $447 billion job plan, unveiled Sept. Continue reading
Posted in Khmer newspaper
Tagged banking-system, college, economic-growth, economy, economy-through, european, florida, national, obama, reduce-the-risk
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2007 Audit Finds Irregularities, Inefficiencies
The Cambodian government on Thursday made public the results of a 2007 government audit, where it found a lack of income from national revenue and other irregularities. Continue reading
Posted in Khmer newspaper
Tagged audit, australian, cambodia, cambodian, development, government, integration, irregularities, national, news, parties, relationship, report, responsibility
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