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MPTC launches online domain name with .kh

The Ministry of Posts and Telecommunications (MPTC) has launched online registration of domain name with the official extension .kh to increase the efficiency and effectiveness for individuals and institutions to develop their websites that would be used to communicate with customers and the public through the ...

Kang Sothear
https://www.khmertimeskh.com/501231241/mptc-launches-online-domain-name-with-kh/

Banking loans rise 11% to $58b from January to June

Up to 238.7 trillion riel or $57.8 billion worth of loans were disbursed by banks and financial institutions in the first half of 2023, the National Bank of Cambodia (NBC) shared in an X post this morning, noting its increase of 10.5 percent year-on-year. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/banking-loans-rise-11-to-58b-from-january-to-june

Chinese modernization delivers economic growth for the world, says Cambodian Think Tank director

“China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world,” said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International ...

Khmer Times Staff
https://www.khmertimeskh.com/501190553/chinese-modernization-delivers-economic-growth-for-the-world-says-cambodian-think-tank-director/

NEC trains staff as election nears

The National Election Committee (NEC) held an April 10 training session on the registration of political parties and candidates for the 7th parliamentary election, with 129 representatives of state institutions, political parties and NGOs in attendance. ...

Kim Yutharo
https://www.phnompenhpost.com/national/nec-trains-staff-election-nears

Implementation of new income, salary tax come into effect

All organisations and institutions associated with the Royal Government of Cambodia have started implementing the new taxes on the annual income of individuals and sole proprietorship businesses and monthly salaries of resident employees from January 1, 2023, following a new sub-decree issued on September 28, ...

Kang Sothear
https://www.khmertimeskh.com/501213229/implementation-of-new-income-salary-tax-come-into-effect/

World Bank to support Cambodia’s skills initiative

Cambodia will likely start implementing a massive reskilling and upskilling project with the support of the World Bank in 2024 for which the bank has proposed an allocation of $40 million. A number of training institutions (TIs) and job centres (JCs) will be set up ...

Manoj Mathew
https://www.khmertimeskh.com/501305175/world-bank-to-support-cambodias-skills-initiative/

Kingdom due to host Asia-Pacific financial development forum

Cambodia is set to host the 47th Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Annual Meetings from May 14-16, 2024. Centred on regional financial development, the meetings are expected to bring together delegates from some 40 countries to share their knowledge ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-due-host-asia-pacific-financial-development-forum

Now Cambodians avail loan through ‘mobile chat’ tech

Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing ...

Manoj Mathew
https://www.khmertimeskh.com/501247709/now-cambodians-avail-loan-through-mobile-chat-tech/

Japanese hi-tech firms to help develop agriculture in Cambodia

The Japan External Trade Organization (JETRO) and Japan Aerospace Exploration Agency (JAXA) will jointly host a symposium in Cambodia to introduce eight Japanese companies with cutting-edge technologies to local private sector firms and other institutions that work in the development of the country’s agriculture, according ...

Kang Sothear ​
https://www.khmertimeskh.com/501329612/japanese-hi-tech-firms-to-help-develop-agriculture-in-cambodia/

APSARA Authority to install automatic water management station at Angkor site in collaboration with the SIAVB, France

Dr. Hang Peou, Director General of APSARA National Authority, met on May 21 at the headquarters of the SIAVB, France, with Jean-Michel Bordes, Director General of SIAVB, Jacques Bellier, President of AGERA, and technical officers of various institutions of the project “Siem Reap Angkor Water ...

Keo Rachana
https://www.khmertimeskh.com/501492965/apsara-authority-to-install-automatic-water-management-station-at-angkor-site-in-collaboration-with-the-siavb-france/

Pledge to provide clean water by 2030 ‘unwavering’, says ministry

Cambodia remains unwavering in its pledge to provide universal access to clean water by 2030, aligning with its Sustainable Development Goals (SDGs). Prime Minister Hun Manet urges pertinent institutions to prioritise the quality, safety, sustainability, and affordability of clean water for all citizens. ...

Ben Sokhean
https://www.khmertimeskh.com/501444000/pledge-to-provide-clean-water-by-2030-unwavering-says-ministry/

Taiwan’s leading bank opens in Cambodia to boost trade

The China’s Taiwan leading bank, Mega International (ICBC), on September 30th, opened its first branch in Phnom Penh, aiming to attract more Taiwanese investors to Cambodia and boosting further business. “The Mega ICBC will bring capital investment injection into the economy of Cambodia, employment opportunities, upgrading ...

http://thesoutheastasiaweekly.com/

Cambodia rejoins the world of stocks

Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...

http://www.brisbanetimes.com.au/business/world-business/cambodia-rejoins-the-world-of-stocks-20120319-1ver3.html

Aeon eyes major Asean expansion

Aeon Thana Sinsap (Thailand) plans aggressive business expansion both here and in neighbouring countries. The leading Japanese non-bank company is using Thailand as a centre to expand its businesses in other Asean countries. Aeon Thana Sinsap plans to offer more financial services in Cambodia, Vietnam, Laos and ...

http://www.bangkokpost.com/business/economics/323617/aeon-eyes-major-asean-expansion

Rail Operator Restarts Train Services to Kampot

Toll Royal Railways (TRR), the current operator of Cambodia’s dilapidated rail network, restarted freight services to Kampot province yesterday, four months after it suspended its work. TRR’s resumption comes on the heals of a rival proposal to manage the train network by a consortium that includes one ...

Garment firm to list on CSX

The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...

http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html

Thousands protest outside Gladpeer Garment Factory

More than 2,000 workers demonstrated in front of Phnom Penh’s Gladpeer Garment Factory yesterday, demanding a higher minimum wage and several other concessions. The workers decided to strike after the Por Sen Chey district factory did not respond to repeated requests to raise their monthly minimum ...

http://www.phnompenhpost.com/2013011560786/National/thousands-turn-out-for-strike.html

Nearly 1,000 workers fired from Winson International garment factory

Eight hundred and sixty-eight workers have been fired from the Winson International garment factory after they refused to obey a Kampong Speu Provincial Court injunction last week ordering them back to work within 48 hours. Free Trade Union official Ry Sithinet said yesterday that the workers, ...

http://www.phnompenhpost.com/2013012460953/National/nearly-1-000-workers-fired-from-winson-international-garment-factory.html

European Lawmakers Press for Probe of Land Concessions

Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...

http://www.cambodiadaily.com

Draft of New Public Land Policy Is Released

The government on Friday released a draft of a new public policy guide on the county’s contentious land sector, a move that was welcomed by NGOs, who also called for the government to hold further consultations on the draft. Local rights groups have singled out ...

http://www.cambodiadaily.com/news/draft-of-new-public-land-policy-is-released-20672/

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