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Cambodia adopts work-from-home practice for a week

Prime Minister Hun Sen has advised all government institutions as well as the legislative body to adopt the work-from-home practices and to have only 10 percent of their personnel stand by at their workplace for a week-long period. ...

Khmer Times Staff
https://www.khmertimeskh.com/50822294/cambodia-adopts-work-from-home-practice-for-a-week/

Hiring freeze for ministries

The government has suspended the recruitment of new officials for all ministries and institutions for 2022, reversing the government’s previous plans to recruit some 6,000 new officials to replace those lost to retirement or other factors. ...

Lay Samean
https://www.phnompenhpost.com/national/hiring-freeze-ministries

NBC introduces overnight lending facility

The National Bank of Cambodia (NBC) has introduced a marginal lending facility (MLF) to address the short-term liquidity needs of banking and financial institutions in emergency situation to carry out their business operations. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-introduces-overnight-lending-facility

Programme launched to rehabilitate land in degraded forest areas

A project to rehabilitate degraded forest land through the development of integrated agriculture and agroforestry to improve the livelihoods of local residents is being implemented by the Forestry Administration’s Institute for Forest and Wildlife Research and Development (IRD).​ ...

Orm Bunthoeurn
https://phnompenhpost.com/national/programme-launched-rehabilitate-land-degraded-forest-areas

Schools set for reopening

Provincial and local authorities are occupied with preparations to reopen schools with many institutions expected to begin lessons, at least for a trial period, next week before a full-scale reopening. ...

Mom Kunthear
https://www.phnompenhpost.com/national/schools-set-reopening

IRC chief drums up support for more bancassurance deals

Insurance Regulator of Cambodia (IRC) director-general Bou Chanphirou on January 12 urged banks, other financial institutions and insurance companies to cooperate in bancassurance to drive further growth in the insurance sector, and raise penetration and density. ...

May Kunmakara
https://www.phnompenhpost.com/business/irc-chief-drums-support-more-bancassurance-deals

Local residents fear losing it all as portions of Boeung Ta Mok lake become development land

The Cambodian authorities as of Dec. 2021 have granted for development more than 2,000 of Boeung Ta Mok lake’s 3,239.7 hectares in response to 43 requests from public and private institutions, leaving the future of the lake uncertain. ...

Teng Yalirozy
https://cambodianess.com/article/local-residents-fear-losing-it-all-as-portions-of-boeung-ta-mok-lake-become-development-land

PM: One-year contracts for civil servants

The government has agreed in principle to the recruitment of nearly 46,000 contract officials to serve in various ministries and institutions, while not allowing the recruitment of new civil servants into the state employment framework to replace any retirees, with a few notable exceptions. ...

Mom Kunthear
https://www.phnompenhpost.com/national/pm-one-year-contracts-civil-servants

Ministry, partners complete M’Kiri forest project

Over 16,000 community members living in the natural protected areas of Mondulkiri province have completely shifted away from logging trees in the forests or hunting wildlife to growing crops and raising domesticated animals through the Poverty Alleviation Project set up by state institutions and other ...

Lay Samean
https://www.phnompenhpost.com/national/ministry-partners-complete-mkiri-forest-project

Electric Mobility Showcase in Phnom Penh today

The Electric Mobility Showcase (EMS), an annual one-day event aiming to increase public awareness and promote policy dialogues on electric mobility development, will be held at the Institute of Technology of Cambodia in Phnom Penh on Friday. ...

Adur Pradeep
https://www.khmertimeskh.com/501340720/electric-mobility-showcase-in-phnom-penh-today/

Ukraine interested in Cambodia’s experience in humanitarian demining

Ukraine expects to cooperate with the Kingdom of Cambodia in matters of humanitarian demining of Ukraine’s territory, as well as assistance in training specialists, searching for donors, interaction between relevant state institutions and the exchange of experience in this sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501360065/ukraine-interested-in-cambodias-experience-in-humanitarian-demining/

Increased loan access for SMEs

Three private institutions have come together to provide loans to small and medium enterprises (SMEs) to boost financial access for the business expansion and sustainability amid the global economic downturn. ...

May Kunmakara
https://www.phnompenhpost.com/business/increased-loan-access-smes

Interior, Labour ministries call for cooperation in the fight against human trafficking

The Ministry of Interior and the Ministry of Labour and Vocational Training issued a joint press statement calling on all relevant ministries and institutions to cooperate in the fight against human trafficking and to effectively implement foreign labour inspection work. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/interior-labour-ministries-call-cooperation-fight-against-human-trafficking

Gov’t to borrow $300M from investors next month

The Ministry of Economy and Finance (MEF) Wednesday announced that it will borrow $300 million from the public and institutions by issuing its first three types of government bonds eight times from September to the end of this year. ...

Kang Sothear
https://www.khmertimeskh.com/501138957/govt-to-borrow-300m-from-investors-next-month/

NEC defines media’s role in 2023 general election

As the 2023 national election is approaching, the International Relations Institute at the Royal Academy of Cambodia (RAC) and the Club of Cambodian Journalists (CCJ) held a two-day training workshop to highlight the key role of the media in the poll. ...

Hong Raksmey
https://www.phnompenhpost.com/national/nec-defines-medias-role-2023-general-election

PM awards tax reliefs for all educational establishments

In a significant move to boost the education sector in the country, the Royal Government of Cambodia has decided to extend the tax reliefs enjoyed by higher educational institutions till now to all educational establishments from January 2024 for five years until the end of ...

Manoj Mathew
https://www.khmertimeskh.com/501280100/pm-awards-tax-reliefs-for-all-educational-establishments/

Restoration work of West Top Temple to complete soon

APSARA National Authority in collaboration with the Nara National Research Institute for Cultural Properties of Japan is working to complete the restoration of the central tower of the West Top Temple in the next four to five months, announced the authority’s news release yesterday morning. ...

Khmer Times Staff
https://www.khmertimeskh.com/501236392/restoration-work-of-west-top-temple-to-complete-soon/

333 foreign observers, dignitaries to observe Cambodia’s general election

Cambodian Prime Minister Hun Sen said on Thursday that some 333 foreign observers and dignitaries from 65 countries and international institutions will visit the country to observe the seventh general election, to be held on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501328030/333-foreign-observers-dignitaries-to-observe-cambodias-general-election/

Central bank's regulations to boost financial resilience in Cambodia

The National Bank of Cambodia (NBC) has announced the enforcement of regulations on capital buffer and on credit risk for capital adequacy ratios (CAR) for banks and deposit-taking microfinance institutions (MFIs). These measures aim to bolster the management of diverse risks, it said. ...

Sok Raksa
https://www.phnompenhpost.com/business/central-banks-regulations-boost-financial-resilience-cambodia

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