Press release: the Royal Government of Cambodia's additional measures to continue manage the impacts on key sectors of the economy in the context of the COVID-19 crisis (Round 6)
On 30 September 2020, the Ministry of Economy and Finance issued a press release announcing the sixth round of the Royal Government of Cambodia’s measures to restore and stimulate economic growth during COVID-19. the measures will further ensure that poor and vulnerable families will continue ...
Ministry of Economy and Finance
SEA leaders create development strategy
Twenty – eight leaders from various business sectors in Southeast Asia came together last month to create a strategy to propel the Kingdom’s sustainable development with actionable and measurable targets. ...
Poovenraj Kanagaraj
https://www.khmertimeskh.com/50661055/sea-leaders-create-development-strategy/
Joint media release on National Bank of Cambodia and Monetary Authority of Singapore sets up Financial Transparency Corridor to support SMEs
On 11 July 2023, the National Bank of Cambodia issued a joint media release on National Bank of Cambodia and Monetary Authority of Singapore sets up Financial Transparency Corridor to support SMEs.the FTC is an information sharing platform which will facilitate the exchange of financial ...
National Bank of Cambodia
FTU trio held at factory by rivals in union clash
Workers aligned with the Collective Union of Movement of Workers locked three officials from the Free Trade Union inside the Ocean Garment factory in Phnom Penh for eight hours Tuesday after the two unions argued over who would represent workers in a wage dispute. Ocean’s approximately ...
Sek Odom
http://www.cambodiadaily.com/news/ftu-trio-held-at-factory-by-rivals-in-union-clash-63579/
Schools take funding plan to the bank
Like mob deals and black market trades, the Cambodian school budget is dealt in suitcases of cash. Four times a year, the school operating budget is dispersed in stacks of cash transferred from the central bank to the Ministry of Education, eventually ending up with the ...
Laignee Barron and Chhay Channyda
http://www.phnompenhpost.com/national/schools-take-funding-plan-bank
Announcement on the controlling of any irregular identifications of beneficiaries for the provision of cash relief programme for poor and vulnerable families during the fight against COVID-19 pandemic
On 13 July 2020, the Ministry of Planning issued an announcement with regard to the enhancement of the provision of the cash relief programme for poor and vulnerable families during the fight against COVID-19 pandemic. After the programme has been implemented for 2 weeks, there ...
Ministry of Planning
Cambodia imports oil, and gas products worth $2.28 billion in the first eight months of the year
Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501362703/cambodia-imports-oil-and-gas-products-worth-2-28-billion-in-the-first-eight-months-of-the-year/
Permission for fully vaccinated tourists and travellers entering to the Kingdom of Cambodia without quarantine
On 15 November 2021, the Ministry of Tourism issued an announcement on the permission for fully vaccinated tourists and travellers entering to the Kingdom of Cambodia without quarantine. the Royal Government of Cambodia has permitted international tourists and foreign travelers entering Cambodia without quarantine but ...
Ministry of Tourism
Cambodian passport services to be available in South Korea
Cambodians abroad will soon be able to renew their passports in the country they are in. the government will offer this service starting with South Korea as it is home to some 50,000 Cambodian migrant workers. ...
Hang Punreay
https://www.khmertimeskh.com/501357936/cambodian-passport-services-to-be-available-in-south-korea/
Conference throws spotlight on key role of banks
The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding The real economy and supporting recovery. ...
Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks
Gov’t to form financial controlling groups
The Ministry of Economy and Finance (MEF) plans to establish financial controlling groups at each ministry whose function would be to review and approve both The expense budget proposals and procurements of respective ministries and institutions in consultation with The Financial Management Information System (FMIS), ...
Kang Sothea
https://www.khmertimeskh.com/501169891/govt-to-form-financial-controlling-groups/
Cambodia ratifies agreement on visa exemption for Asean nationals
The Royal Government of Cambodia has deposited Their instrument of ratification to The Association of SouTheast Asian Nations (Asean) Framework Agreement on visa exemption for Asean nationals last week with Surin Pitsuwan, secretary-general of Asean, in accordance with The Article 8 of The agreement The agreement ...
Talks yet to begin with Malaysia on maid ban
More than two weeks after a ban on sending maids to Malaysia began, work on a bilateral agreement that would protect Cambodian maids working in Malaysia has not begun, officials said yesterday. Ho Vuthy, deputy director general at the Ministry of Labor’s department of labor, said ...
IELTS available at ACLEDA’s business school
The ACLEDA Institute of Business (AIB) has teamed up with The IELTS Cambodia official Test Centre at IDP Education to administer The English proficiency exam at The Institute, as part of its ambition to gain widespread international recognition. ...
Hom Phanet
https://www.phnompenhpost.com/business/ielts-available-acledas-business-school
ILO Respond to Scathing Stanford Report on Factory Monitoring
The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said The ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since The program started over ...
Travel-goods makers told act now or risk missing the boat
Just weeks since the United States announced it would grant new trade privileges that allow Cambodian-manufactured travel goods such as luggage and backpacks to enter the US market duty-free under its Generalised System of Preferences (GSP) scheme, a visiting American trade official hinted yesterday that ...
Kali Kotoski
http://www.phnompenhpost.com/business/travel-goods-makers-told-act-now-or-risk-missing-boat
No boycott: Union meet could decide wage today
Independent labour unions will take part in the Ministry of Labour’s Labour Advisory Committee (LAC) meeting today, possibly making their decision on next year’s minimum wage in Cambodia’s garment sector. NIFTUC and the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) considered boycotting the LAC ...
Sean Teehan
http://phnompenhpost.com/national/no-boycott-union-meet-could-decide-wage-today
Banh: The Khmer Rouge worse than sanctions and pressure Khmer Rouge
Minister of National Defence Tea Banh said on Thursday that having sanctions and external pressure placed on Cambodia was not worse than life under the brutal Khmer Rouge regime. Tea Banh, who is also deputy prime minister, was speaking to military and ruling party officials ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/banh-khmer-rouge-worse-sanctions-and-pressure-khmer-rouge
China is promoting the yuan for settling trade deals with the Kingdom
Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...
Central Bank projects 7.1% growth in 2H16
The National Bank of Cambodia held a seminar on The state of The economy in The first half of The fiscal year on Saturday, forecasting 7.1 per cent GDP growth for The rest of The year. ...
Post Staff
http://www.phnompenhpost.com/business/central-bank-projects-71-growth-2h16