News
Ten banks see profits rise 8%
Ten banks have announced that their combined net profit in the first quarter of this year was Bt55.71 billion, up 8 per cent from the same period of last year, thanks to increases on both interest and non-interest income. Most of their non-performing-loan ratios in ...
Public relations firms coming to terms with communication revolution
At the 47th Annual Global Summit of Public Relations Organisation Worldwide, more than 60 of the world’s leading PR agency owners had a heated discussion over the fate of communications. While many of the pundits had opposing views on Brexit, the Trump presidency, and the apparent ...
Children to receive free healthcare in 2017
Children will receive free healthcare treatment at government hospitals this year according to a new government policy aiming to reduce the rate of mortality of children under five. The policy known as the Strategy and Action Plan for Integrated Service on Reproductive Maternal, Newborn and ...
Gov't seeks to realise outcomes of sub-regional summits
The Ministry of Foreign Affairs on Friday hosted a meeting to discuss the outcomes of the three latest summits held under the cooperation frameworks between Laos, Cambodia, Myanmar, Thailand, and Vietnam. The summits included the eighth summit of Cambodia, Laos, Vietnam plus Myanmar or CLMV ...
More funding sourced for construction of Phongsaly provincial capital
A total of US$200 million has been sourced through a loan from China to finance construction projects relating to the new Phongsaly provincial capital in Bounneua district in the far north of Laos. Director of the Provincial Department of Planning and Investment Mr Khamlek Chay-isane ...
Cabinet approves direction of seaport project, discusses work plan
The cabinet agreed last week to establish a private-state joint company to develop the Vung Ang project after Vietnam gave a green light to utilise the seaport in its central Ha Tinh province. The agreement was made at the cabinet’s monthly meeting for April, chaired ...
Shamed and exploited
Kneeling on the wooden floorboards of the Cambodian Prostitute Union’s “drop-in” centre, Bopha’s voice began to tremble as she spoke of the obstacles her daughter faced at school. Bopha, whose name has been changed to protect her identity as a sex worker, said her daughter’s ...
Bringing startups to Cambodia
Confluences Asia, a Cambodia-based consulting and advisory firm, recently helped launch its second startup in Cambodia with Portuguese e-ticketing firm Last2Ticket. The Post’sMatthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups. ...
Chinese equipment maker eyes Cambodia
Sany Heavy Industry, one of the biggest manufacturers of heavy construction machinery in China’s Hunan province, plans to expand in Cambodia to tap into rising infrastructure development. Zhou Wanchun, vice president and chairman of Sany International headquarters in Hunan, said during a China-ASEAN media tour ...
Tax collection soars
Tax collections rose to $768 million in the first quarter of this year, a 92 percent rise on the same period last year. General department of taxation director-general Kong Vibol told a meeting chaired by Finance Minister Aun Pornmoniroth on April 23 that the collection figure ...
