E-wallet payments nine times GDP: NBC
E-payment trends in Cambodia have significantly consolidated in recent years as more and more people transition from cash-based to digital transaction options, the National Bank of Cambodia (NBC) reaffirmed in a recent report.
May Kunmakara
https://www.phnompenhpost.com/business/e-wallet-payments-nine-times-gdp-nbc
Textile industry seeks solutions for circular economy
Government representatives and industry leaders in Cambodia are joining forces to explore opportunities for a circular textile economy, aiming to address the pressing challenges in waste management within the textile industry.
Seng Mengheng
https://kiripost.com/stories/cambodia-textile-industry-seeks-solutions-for-circular-economy
Cambodia welcomes 1.29 million international visitors in Q1
Cambodia received 1.29 million international visitors in the first quarter, a remarkable increase of 709 percent from 159,546 over the same period in 2022.
Khmer Times Staff
https://www.khmertimeskh.com/501296318/cambodia-welcomes-1-29-million-international-visitors-in-q1/
Cambodia’s trade turnover over $19.2 bn in Jan-May 2023; 14% YoY drop
Cambodia’s trade turnover with global partners topped $19.2 billion in the first five months this year, a 14 per cent year on year (YoY) decline, government statistics show.
Khmer Times Staff
https://www.khmertimeskh.com/501310428/cambodias-trade-turnover-over-19-2-bn-in-jan-may-2023-14-yoy-drop/
Informal entertainment workers eyed for IDPoor
The Ministry of Planning has since the start of July been conducting interviews for assessing whether informal workers in the entertainment sector can qualify for IDPoor cards, a senior official has said.
Chea Sokny
https://www.phnompenhpost.com/national/informal-entertainment-workers-eyed-idpoor
Look out for online scammers posing as sellers, interior ministry unit warns
The interior ministry’s IT department has issued a fresh warning for the public to be vigilant for scammers pretending to be legitimate online sellers.
Lay Samean
https://www.phnompenhpost.com/national/look-out-online-scammers-posing-sellers-interior-ministry-unit-warns
Inter-ministerial meeting gauges Preah Sihanouk’s unfinished project issue
A January 19 inter-ministerial meeting discussed potential incentives and other measures that could be used to address the issue of the hundreds of unfinished buildings and investment projects dotting Preah Sihanouk province.
Post Staff
https://www.phnompenhpost.com/national/inter-ministerial-meeting-gauges-preah-sihanouks-unfinished-project-issue
New digital literacy program to benefit thousands of students
Thousands of students across the country are set to benefit from Khmer Digital Literacy Program, a new digital literacy program, to be launched in Cambodia next month.
Adur Pradeep
https://www.khmertimeskh.com/501260592/new-digital-literacy-program-to-benefit-thousands-of-students/
Urgent call not to waste water amid shortages
Phnom Penh Water Supply Authority (PPWSA) on Friday appealed to the population and businesses not to waste water as the capital city and Takhmau town face a shortage of water.
Prak Chan Thul
https://kiripost.com/stories/cambodia-urgent-call-not-to-waste-water-amid-shortages
ADB pegs economic growth for ‘23 at 5.5%
The Asian Development Bank (ADB) on April 4 pegged the Kingdom’s economic growth at 5.5 per cent for this year “on a more robust tourism recovery and higher growth in the services sector”.
Rann Reuy
https://www.phnompenhpost.com/business/adb-pegs-economic-growth-23-55
Youth-led conference addresses climate change
The first-ever Cambodia Youth Climate Change Conference (CYCCC) marked a significant milestone in the country’s efforts to address climate change.
Hong Raksmey
https://www.phnompenhpost.com/national/youth-led-conference-addresses-climate-change
Improving Cambodia’s agriculture sector
Increasing inflation and a reduced labour force are just two of the challenges Cambodia’s agriculture sector faces today, according to the head of EuroCham’s Agriculture Committee.
Marissa Carruthers
https://kiripost.com/stories/improving-cambodias-agriculture-sector
Nearly 1K tuk-tuk drivers register for NSSF pilot
The National Social Security Fund (NSSF) has received nearly 1,000 registrations from self-employed tuk-tuk drivers under a pilot project. Officials have called on more drivers to come forward and register.
Post Staff
https://www.phnompenhpost.com/national/nearly-1k-tuk-tuk-drivers-register-nssf-pilot
Cambodia to receive $60 million credit from World Bank for solid waste, plastics management
The World Bank has approved a $60-million to Cambodia to support the kingdom’s improvement of solid waste and plastics management, according to its press statement on Thursday.
Khmer Times Staff
https://www.khmertimeskh.com/501289233/cambodia-to-receive-60-million-credit-from-world-bank-for-solid-waste-plastics-management/
China pushes ‘shared-future’ ambitions during PM’s visit
China hopes to seize the opportunity of Prime Minister Hun Sen’s state visit to push for further progress in building a “shared-future” community between the two countries.
Cambodia, Lao PDR to further deepen comprehensive and long-lasting strategic partnership
Prime Minister Hun Sen will lead a high-level delegation to pay an official visit to the Lao PDR on Feb. 13-14, to further tighten the relations and cooperation between the two neighboring nations.
Khmer Times Staff
https://www.khmertimeskh.com/1237136/cambodia-lao-pdr-to-further-deepen-comprehensive-and-long-lasting-strategic-partnership/
Cambodia misses target of exporting 1m tons of rice
Hun Sen said on Monday Cambodia has not been successful in exporting one million tons of rice because of a lack of processing basics, including rice mills, dry ovens, and capital.
Chhorn Raksmey
https://kiripost.com/stories/cambodia-misses-target-of-exporting-1m-tons-of-rice
Cambodia’s manufacturing output reaches $15 billion in 2022
Cambodia’s manufacturing output hit $15.8 billion in 2022, a remarkable increase of 83 percent year on year, the Ministry of Industry, Science, Technology and Innovation (MISTI)’s report showed on Tuesday.
Khmer Times Staff
https://www.khmertimeskh.com/501247369/cambodias-manufacturing-output-reaches-15-billion-in-2022/
Cambodia Airways launches Phnom Penh-Beijing direct flight
Cambodia Airways has launched its first direct flight between Phnom Penh and Beijing, aiming to meet rising travel demand between the two destinations, the airline operator said in a press release on Tuesday.
Khmer Times Staff
https://www.khmertimeskh.com/501264238/cambodia-airways-launches-phnom-penh-beijing-direct-flight/
PM: Seize the opportunity of Cambodia’s favourable demographic context
Cambodia is experiencing a favourable demographic context and should seize the opportunity to lay deeper foundations for growth, including more investment to promote girls’ and women’s potential.
Khmer Times Staff
https://www.khmertimeskh.com/501323470/pm-seize-the-opportunity-of-cambodias-favourable-demographic-context/
