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NBC: Fintech fuels 2020 boom in Kingdom's payment systems

Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual ...

Thou Vireak
https://www.phnompenhpost.com/business/nbc-fintech-fuels-2020-boom-kingdoms-payment-systems

National Consultation Workshop on “Policy And Direction Of Cambodia’s Financial Technology” to be held

The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...

Khmer Times Staff
https://www.khmertimeskh.com/501060292/national-consultation-workshop-on-policy-and-direction-of-cambodias-financial-technology-to-be-held/

National consultation workshop on policy and direction of Cambodia's financial technology

On 27 April 2022, the Ministry of Economy and Finance issued a press release on national consultation workshop on policy and direction of Cambodia’s financial technology. The Royal Government of Cambodia has been paying close attention to maximizing the benefits of digital technology in building ...

Ministry of Economy and Finance

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Director General of Immigration urges officials at international gates to upgrade their technology skills

The Director General of Immigration, Lt. Gen. Sok Veasna, has instructed the officers at the international gates to continue to improve their technical skills, technology and foreign languages to make it easier to work quickly. ...

Khmer Times Staff
https://www.khmertimeskh.com/501358462/director-general-of-immigration-urges-officials-at-international-gates-to-upgrade-their-technology-skills/

Child sex abuse posts halved but still of concern

The number of posts involving child sexual assaults from Cambodia last year was discovered to be around 220,000, which is still a problem even if it is down more than 100,000 cases from 2021. ...

Hang Punreay
https://www.khmertimeskh.com/501320171/child-sex-abuse-posts-halved-but-still-of-concern/

Prospects bright for solar in Kep

The Ministry of Environment has announced its support for a new 10-megawatt solar power development project in the coastal province of Kep to be spearheaded by the Global Green Growth Institute (GGGI), a South Korea-based organisation set up by the UN in 2012 to chart ...

Kali Kotoski
http://www.phnompenhpost.com/business/prospects-bright-solar-kep

Press release on the role of banking sector and fintech in digital economy in Cambodia

On 23 September 2022, the Ministry of Economy and Finance issued a press release on the role of banking sector and fintech in digital economy in Cambodia.The workshop aimed to (1) disseminate the government’s policies, laws, and regulations on digitalization and the banking sector as ...

Ministry of Economy and Finance

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PM urges use of ‘Thank you peace’ slogan

Prime Minister Hun Sen has urged all state institutions and schools to promote the “Thank you peace” slogan so that Cambodians will appreciate how precious peace is when it is attained. He said the slogan was not meant to oppose any group but rather to ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/pm-urges-use-thank-you-peace-slogan

‘Ninety-nine oknha in army’

A senior military official said on Sunday that the Ministry of National Defence had found almost 100 military personnel with the title “oknha”. He told The Post that the ministry was preparing procedural formalities to enable the oknha to choose between keeping the honorific or ...

Mech Dara
https://www.phnompenhpost.com/national/ninety-nine-oknha-army

Smart, ministries offer scholarships

Smart Axiata in collaboration with the ministries of Education, Youth and Sport (MoEYS), and Posts and Telecommunication (MPTC), signed a three-year Memorandum of Understanding (MoU) on Tuesday to “develop future talents and digital corporate leaders”. As part of this, 20 scholarships will be offered to ...

Voun Dara
https://www.phnompenhpost.com/national/smart-ministries-offer-scholarships

Huawei opens ICT training centre in Cambodia

China’s Huawei and Cambodia’s National Institute of Posts, Telecommunications and Information Communication Technology (NIPTICT) have opened a Huawei Authorized Information and Network Academy (HAINA) in the country. Huawei has now extended its HAINA program to more than 130 universities worldwide. ...

Cellular News Staff
http://www.cellular-news.com/story/Technology/68360.php

Online biz registrations surging

The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging

Microfinance institution Sathapana increases maximum loan limit

Microfinance institution Sathapana has increased its maximum loan size to US$200,000, a 300 per cent increase from the previous level of $50,000. The upgrade in loan size is a result of Cambodia’s good economic climate and the expectation that there will be demand among customers for ...

http://www.phnompenhpost.com/index.php/2012112359894/Business/microfinance-institution-sathapana-increases-maximum-loan-limit.html

At least 444 firms okayed for Single Portal by Phase II agencies

At least 444 companies have been approved by the four second-phase agencies for registration on the Online Business Registration Platform, also known as the “Single Portal”, which observers claim has created a good environment for businesspeople, offering convenience and reducing informal costs. ...

May Kunmakara
https://www.phnompenhpost.com/business/least-444-firms-okayed-single-portal-phase-ii-agencies

Kingdom ready for Covid-19

The Ministry of Health, the World Health Organisation in Cambodia (WHO) and Institute Pasteur du Cambodge (IPC) on Monday held a joint press conference to reiterate that they are fully prepared for all eventualities in facing the global outbreak of COVID-19. ...

Niem Chheng
https://www.phnompenhpost.com/national/kingdom-ready-covid-19

Cambodia looks to step up China tech co-op

Cambodia and China have reaffirmed their commitment to enhancing and broadening comprehensive bilateral cooperation in the fields of science, technology and innovation (STI). ...

Ry Sochan
https://www.phnompenhpost.com/national/cambodia-looks-step-china-tech-co-op

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

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