The Financial Sector in Cambodia Employs 14,698 People – Tuesday, 27.10.2009

Posted on 28 October 2009. Filed under: Week 636 | Tags: , , , , , , , , , , , , , , , , , , |

The Mirror, Vol. 13, No. 636

“Phnom Penh: All banks and micro-credit institutions in Cambodia employ 14,698 Cambodian persons, according to a report from the National Bank of Cambodia.

“The report of the National Bank issued recently said that banks and micro-credit institutions provide jobs for 14,698 people.

“The report shows that all commercial and other special banks create jobs for 9,550 citizens in total, while micro-finance institutions employ 5,148 people.

“According to this report, all banks in Cambodia recognized by the National Bank provide a variety of numbers of jobs. The banks employ between 13 to 6,128 persons, while the micro-finance institutions employ freom 6 to 1,024 persons.

“Based on the report, the job market in the banking and micro-finance sectors has achieved a moderate growth rate. In 2007, all commercial and other special banks provided 6,869 jobs, while in 2006, they could employ only 4,624 persons. Micro-finance institutions employed just 3,511 persons in 2007, and only 2,503 persons in 2006.

“By now, there are 24 commercial banks, 6 specialized banks, 18 micro-finance institutions, 26 rural credit operators, and about 60 organizations handling credits.” Rasmei Kampuchea, Vol.17, #5031, 27.10.2009

Newspapers Appearing on the Newsstand:
Tuesday, 27 October 2009

Deum Ampil, Vol.3, #321, 27.10.2009

  • India Promised to Provide US$15 Million in Loans to Cambodia [for economic and social development]
  • The Ministry of Health Warned Clinics That Offer A/H1N1 Vaccine [saying that the vaccine has to be approved by the Ministry of Health]
  • [Anonymous] Robber Stabbed a Man [to death] to Rob His Motorbike – He Escaped Safely [Siem Reap]

Kampuchea Thmey, Vol.8, #2082, 27.10.2009

  • Samdech Dekchor’s Statement [about Thaksin] Does Not Affect the Cambodian-Thai Relationship [according to Thai Prime Minister Abhisit Vijjajiva]
  • A Philippine Man Was Convicted to Serve 25 Years in Prison, and Fined to Pay Riel 80 Million [US$20,000] for Cross Border Drug Smuggling [Phnom Penh]
  • Samdech Euv [the former King] Does Not Want to Celebrate His Birth Day [on 31 October 2009, but he does not provide any reason]
  • Bombs Exploded against the Government in Baghdad, Killing 147 People

Koh Santepheap, Vol.42, #6789, 27.10.2009

  • The Phnom Penh Authorities Prepare 6,530 Uniformed Forces to Maintain Order during the Water Festival [from 2 to 4 November 2009]
  • Six Communes in Russey Keo District Are Flooded by Rain [Phnom Penh – the Russey Keo Deputy governor, Mr. Kob Sles, blames climate change – but according to other sources, residents blame the unchecked filling of natural ponds and lakes by property developers for the disaster]
  • A Monk Beat a Nun to Death, then Took Off His Robe and Hid in a Temple [he was arrested – Banteay Meanchey]

Rasmei Kampuchea, Vol.17, #5031, 27.10.2009

  • The Financial Sector in Cambodia Employs 14,698 People
  • Cambodian Troops Increase Alert at the Border after the War of Words between Samdech Dekchor Hun Sen and [Thai Prime Minister] Abhisit
  • Sam Rainsy Led Villagers to Remove Border Markers [set by the Cambodian and Vietnamese border committees] and the Government Accused Him of Destroying State Property

Sereypheap Thmey, Vol.17, #1816, 27.10.2009

  • [Sam Rainsy parliamentarian] Son Chhay: The Prime Minister Has Never Appeared in the National Assembly to Question Him According to the Law Since 1993

Have a look at the last editorial – you can access it directly from the main page of the Mirror.
And please recommend us also to your colleagues and friends.

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