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
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 ...
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
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
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
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/
Koreans eyeing bank IPO
Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...
May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo
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
Acleda to be listed on CSX
Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-be-listed-csx
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