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8 billion riel released

The National Bank of Cambodia (NBC) on Tuesday released eight billion riel (about $2 million) at three percent interest to just one financial institution that joined the third bidding of the new Liquidity-Provided Collateralized Operation (LPCO). ...

Sok Chan
http://www.khmertimeskh.com/news/33442/8-billion-riel-released/

National Bank to begin LPCO

The National Bank of Cambodia (NBC) will unveil its initial rates that banks and microfinance institutions (MFIs) will be able to use, as the NBC begins its liquidity-providing collateralized operation (LPCO) to boost the country’s riel liquidity, according to a senior bank official. ...

Sok Chan
http://www.khmertimeskh.com/news/30852/national-bank-to-begin-lpco/

PM seeks Japan’s help in developing blockchain tech

Prime Minister Hun Sen yesterday met a Japanese delegation at the Peace Palace to discuss strengthening bilateral cooperation, especially in the development of blockchain technology. In the morning, Mr Hun Sen met with the delegation headed by Kozo Yamamoto, a member of the House of ...

Ben Sokhean
https://www.khmertimeskh.com/50680516/pm-seeks-japans-help-in-developing-blockchain-tech

Major banking houses deny relationship with GFX as ‘embezzled’ funds reach $27M

Allegations that GoldFX Co Ltd (GFX) board members embezzled what is now understood to be $27 million took a twist as financial houses said they had no relationship with the derivatives company. ...

Husain Haider
https://www.khmertimeskh.com/50840914/major-banking-houses-deny-relationship-with-gfx-as-embezzled-funds-reach-27m/

Cambodia, Vietnam boost inspection cooperation

Cambodia and Vietnam are committed to fostering their cooperation on inspection work, especially on complaint resolution, anti-corruption, power abuses, and so on. ...

Khmer Times Staff
https://www.khmertimeskh.com/501341443/cambodia-vietnam-boost-inspection-cooperation/#:~:text=Cambodia%20and%20Vietnam%20are%20committed,power%20abuses%2C%20and%20so%20on.

ASEAN-India Tourism ministers vow to strengthen cooperation to revitalize ASEAN-India tourism

ASEAN-India Tourism Ministers have set a joint plan to find ways to better use digital technology for the development of ASEAN tourism and to continue to strengthen cooperation to restore ASEAN-India tourism. ...

Khmer Times Staff
https://www.khmertimeskh.com/501011011/asean-india-tourism-ministers-vow-to-strengthen-cooperation-to-revitalize-asean-india-tourism/

Fintechnews Singapore says digital financial services picks up steam in Cambodia

Over the past few years, digital financial services have seen greater adoption in Cambodia, a trend that was accelerated by the COVID-19 pandemic and the social distancing measures put in place to limit the spread of the virus. ...

Khmer Times Staff
https://www.khmertimeskh.com/1021708/fintechnews-singapore-says-digital-financial-services-picks-up-steam-in-cambodia/

Eight more schools to adopt NGS curriculum

A senior education official has announced plans to introduce the New Generation School (NGS) curriculum in eight additional public schools across Phnom Penh and various provinces thanks to a partnership with the East Asia Management University (EAMU). ...

Van Socheata
https://www.phnompenhpost.com/national/eight-more-schools-adopt-ngs-curriculum

IT Academy and ministry support lifelong learning with digital focus

The Ministry of Education, Youth and Sport, in collaboration with the IT Academy STEP Cambodia and DVV International Cambodia, is set to host the first national lifelong learning forum titled “Digital Technology Represents Lifelong Learning Opportunities” on March 28. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/it-academy-and-ministry-support-lifelong-learning-with-digital-focus

Minister to kids: Study digital technology skills

The Minister of Posts and Telecommunications Chea Vandeth issued a formal letter on October 18 appealing to students who are taking the upcoming high school diploma exam to focus on learning digital skills. ...

Vann Sak
https://www.phnompenhpost.com/national/minister-kids-study-digital-technology-skills

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/

Authorities suspect bird flu in Mondulkiri

Authorities suspect that a new case of H5N1, or bird flu, has emerged in Mondulkiri province after more than 60 villagers’ chickens fell ill.Sok Kheang, chief of the provincial agriculture and fisheries department, said more than 60 chickens in Keo Seima district had fallen ill ...

Sen David
http://www.khmertimeskh.com/50106110/authorities-suspect-bird-flu-in-mondulkiri/

Central shared switch due to launch in July

The central bank hopes to launch its central shared switch mechanism next month after a trial run that has already connected the account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem, according to ...

Hor Kimsay
http://www.phnompenhpost.com/business/central-shared-switch-due-launch-july

Data-Driven Policies: Cambodia’s commitment to sustainable agricultural development

Over 400 staff from the Ministry of Agriculture, Forestry and Fisheries (MAFF) and the National Institute of Statistics, Ministry of Planning (NIS-MOP) have been deployed on one of the most comprehensive data collection initiatives to date – the Cambodia Agriculture Survey 2023 (CAS 2023).  ...

Khmer Times Staff
https://www.khmertimeskh.com/501405469/data-driven-policies-cambodias-commitment-to-sustainable-agricultural-development/

NGOs invited to discuss MFI report

Officials Of NGOs Licadho and Sahmakum Teang Tnaut will attend a closed-door meeting at the Council Of Ministers on Wednesday to explain the findings Of their recent report claiming that increasing levels Of debt at micrOfinance institutions (MFIs) has resulted in human rights violations. ...

Khorn Savi
https://www.phnompenhpost.com/national/ngos-invited-discuss-mfi-report

Food Vendors Feel the Bite of Soaring Inflation

Two months ago, Sok Sathya spent less than a dollar for a kilogram of oranges to sell from his sidewalk stall across from a row of garment factories in Phnom Penh’s Meanchey district. Now the same oranges cost Mr. Sathya, 39, more than 6,000 riel, or ...

Hul Reaksmey and Colin Meyn
http://www.cambodiadaily.com/news/food-vendors-feel-the-bite-of-soaring-inflation-50773/

Prime Minister says test scores warning to students

Prime Minister Hun Sen on Monday said the pass rate of 25 percent in last month’s grade 12 national exam served as a warning that students could no longer pay their way through school and urged students who failed the exam to embrace their second ...

Khy Sovuthy
http://www.cambodiadaily.com/news/prime-minister-says-test-scores-warning-to-students-67414/

TR, ACLEDA join hands to boost human resources

The Trust Regulator (TR) and ACLEDA Institute of Business (AIB) on Friday signed the Memorandum of Understanding (MoU) to improve and develop human resources in the field of the trust sector across all learning institutions in Cambodia. ...

Nhean Chamrong
https://www.khmertimeskh.com/501346749/tr-acleda-join-hands-to-boost-human-resources/

Cambodia-India joint cooperation

The Cambodia-India Joint Committee Meeting on bilateral trade and technology exchange will be held in New Delhi on Friday, the spokesman of the Ministry of Foreign Affairs told reporters yesterday.   ...

Sum Manet
http://www.khmertimeskh.com/news/26883/cambodia-india-joint-cooperation/

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