Microfinance sector plays important role in economic development: NBC
The microfinance sector in Cambodia has been playing an important role in contributing to economic and social development, especially the reduction of poverty in rural areas, said a senior official at the National Bank of Cambodia.
Chea Vanyuth
https://www.khmertimeskh.com/501268058/microfinance-sector-plays-important-role-in-economic-development-nbc/
General Department of Customs and Excise earns more than $564 million in Q1
The General Department of Customs and Excise (GDCE) has collected $564.1 million as custom income in the first three months of this year, a decline of 5.2 percent compared to the same period of 2022.
Khmer Times Staff
https://www.khmertimeskh.com/501273118/general-department-of-customs-and-excise-earns-more-than-564-million-in-q1/
Lao delegation on Kingdom visit to discuss mine action
A delegation from Laos visited Cambodia and exchanged experiences on mine action and relevant work experiences on management, information gathering, planning and prioritising mine action in the Kingdom.
Post Staff
https://www.phnompenhpost.com/national/lao-delegation-kingdom-visit-discuss-mine-action
NEC begin campaign training as nat’l election approaching
The National Election Committee is running a May 2-3 training session on election campaigning, said NEC deputy secretary-general and spokesman Som Sorida.
Sem Pisey
https://www.phnompenhpost.com/national/nec-begin-campaign-training-natl-election-approaching
287,454 international tourists visit world famous Angkor Archaeological Park in Cambodia in 2022
Cambodia’s famed Angkor Archaeological Park attracted 287,454 foreign tourists in 2022, earning $11.5 million from ticket sales, the state-owned Angkor Enterprise said in a statement on Wednesday.
Khmer Times Staff
https://www.khmertimeskh.com/501214463/287454-international-tourists-visit-world-famous-angkor-archaeological-park-in-cambodia-in-2022/
New tax law passed
The National Assembly on Wednesday passed a new law on taxation that has been in draft for years, as part of efforts to bolster the government’s tax collection process.
Seng Mengheng and Prak Chan Thul
https://kiripost.com/stories/new-tax-law-passed
Sihanoukville Autonomous Port CEO vows port will become regional hub
Lou Kim Chhun, government delegate in charge as chairman and CEO of Sihanoukville Autonomous Port, said he was determined to push the development of a new container terminal and deep-water port in Sihanoukville.
Van Socheata
https://www.phnompenhpost.com/business/sihanoukville-autonomous-port-ceo-vows-port-will-become-regional-hub
DPM Men Sam An receives Lao State Inspection Authority delegation
Men Sam An, Deputy Prime Minister, Minister of National Assembly-Senate Relations and Inspection, received here on June 21 a Lao delegation led by Dr. Khamphanh Phommathath, Chairman of the State Inspection Authority.
Khmer Times Staff
https://www.khmertimeskh.com/501313226/dpm-men-sam-an-receives-lao-state-inspection-authority-delegation/
PM says huge investment potential for southwest region
Prime Minister Hun Sen said that the southwest parts of Cambodia are a hub with huge potential for investment due to their well-connected infrastructure, easy transport to deep seaports, and sufficient electricity supplies.
Chea Vannak and Chea Vanyuth
https://www.khmertimeskh.com/501315350/pm-says-huge-investment-potential-for-southwest-region/
Cambodia’s electronic payment amount among highest in world
The amount of payments made via electronic system in Cambodia reached nearly 1,000 percent of the country’s Gross Domestic Product (GDP) in 2022, said a senior official of National Bank of Cambodia (NBC).
Kang Sothear
https://www.khmertimeskh.com/501319532/cambodias-electronic-payment-amount-among-highest-in-world/
New draft law on SEZs finalised
The Council for the Development of Cambodia recently finalised a new draft law on special economic zones (SEZs), aiming to attract investment into the country by providing incentives, enhancing transparency, and promoting fair competition.
Chea Vanyuth
https://www.khmertimeskh.com/501296505/new-draft-law-on-sezs-finalised/
Concern as Omicron variant cases rise in neighbouring countries
The Ministry of Health has alerted people to be vigilant and continue to practise preventive measures followed for COVID-19, as transmission from a new sub- variant, Omicron XBB.1.5, are increasing in neighbouring countries.
Tith Kongnov
https://www.khmertimeskh.com/501298252/concern-as-omicron-variant-cases-rise-in-neighbouring-countries/
PM calls for immediate constitutional amendment to bar those who do not vote from standing for election
In a voice message released late last night, Prime Minister Hun Sen has called on the Ministry of Interior and the Ministry of Justice to immediately amend the election law on those who have the right to stand for election.
Khmer Times Staff
https://www.khmertimeskh.com/501306680/pm-orders-study-on-barring-people-who-do-not-vote-from-standing-for-election/
Malnutrition workshop planned for capital
The Ministry of Health, in collaboration with Helen Keller International, will organize a January 27 workshop to introduce the project “Treatment and care of children with an acute, moderate and severe malnutrition”.
Lay Samean
https://www.phnompenhpost.com/national/malnutrition-workshop-planned-capital
Government approves new draft law on taxation
The Cambodian government on Friday approved a new draft taxation law which is said to contribute to promoting and enhancing the Cambodian business sector, increase the favorable investment environment, and strengthen fiscal compliance.
Chea Vanyuth
https://www.khmertimeskh.com/501266503/government-approves-new-draft-law-on-taxation/
Cambodia launches project to promote financial literacy at local level
The National Bank of Cambodia (NBC) and the Cambodia Microfinance Association (CMA) have jointly launched the “Safe Finance in Community” project to promote financial literacy, rights and consumer protection in communities, a press statement said on Monday.
Khmer Times Staff
https://www.khmertimeskh.com/501246625/cambodia-launches-project-to-promote-financial-literacy-at-local-level/
Central bank, CMA roll out local-level ‘safe finance’ plan
The Kingdom’s central bank and the Cambodia Microfinance Association (CMA) have jointly launched a project aimed at promoting financial literacy, consumer empowerment and consumer protections at the community level.
Yuth Vireak
https://www.phnompenhpost.com/business/central-bank-cma-roll-out-local-level-safe-finance-plan
Cross-border QR payments between China and Cambodia launch
The National Bank of Cambodia (NBC) and UnionPay International (UPI) signed a deal on Monday to promote cross-border payment with China and improve the use of the Khmer riel.
Yatt Malai
https://kiripost.com/stories/cross-border-qr-payments-between-china-and-cambodia-launch
Premium seaplane slated for take-off late-2023 to early-2024
Cambodia’s first premium seaplane service is slated to start operations in late-2023 to early-2024, initially connecting Phnom Penh with locations within a 1.5-hour flying time.
Marissa Carruthers
https://kiripost.com/stories/cambodia-premium-seaplane-slated-for-take-off-late-2023-to-early-2024
Royal Decree confers professorships on 276 teachers
King Norodom Sihamoni issued a Royal Decree granting the status of professors in the field of education to 276 teachers,from eight educational institutions, to increase work efficiency and as an incentive.
Hang Punreay
https://www.khmertimeskh.com/501331746/royal-decree-confers-professorships-on-276-teachers/
