Deposits and loans increase
Deposit and loans at major commercial banks have continued to climb over the first half of this year, industry officials say. Grant Knuckey, chief executive officer of ANZ Royal Bank, said yesterday that ANZ continues to see strong growth in trade finance led by the agricultural ...
http://www.phnompenhpost.com/business/deposits-and-loans-increase
As mosques are replaced, Cham minority could see heritage fade
Cambodia is home to some 400,000 Cham Muslims. The ethnic group, like many others, suffered terrible losses during the Khmer Rouge regime. Lives were lost and cultural landmarks destroyed. Now, as mosques and heritage sites around the country are demolished to make way for more ...
Poppy McPherson and Mom Kunthear
http://www.phnompenhpost.com/7days/mosques-are-replaced-cham-minority-could-see-heritage-fade
Lightning and storms claim three lives so far this year, says NCDM
A National Committee for Disaster Management (NCDM) report, seen by The Post on Monday, shows that as of Monday, storms and lightning have killed three people and injured 10 others so far this year. NCDM spokesman Keo Vy said 39 storms have occurred in 17 ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/lightning-and-storms-claim-three-lives-so-far-year-says-ncdm
Cambodia Far From Intellectual Property Targets
Cambodia is still a way off implementing World Trade Organization (WTO) rules on intellectual property rights, despite a deadline to do so in just over a month. At the end of June, the group of the world’s 49 least developed countries (LDCs), including Cambodia, run out ...
http://www.cambodiadaily.com/business/cambodia-far-from-intellectual-property-targets-26805/
SEA mobile games revenue to hit US$7bil by 2019: Frost & Sullivan
The mobile games industry in South-East recorded impressive growth and reached over US$1 billion in revenue in 2014, according to Frost & Sullivan. Recent analysis from Frost & Sullivan shows that this was alSo the fastest growing region for mobile games in the world, driven by ...
DNA News Staff
https://www.digitalnewsasia.com/mobile-telco/sea-mobile-games-revenue-to-hit-usd7bil-by-2019-frost-sullivan
Web hacks a risk for banks
Growing cyber attacks on government institutions and infrastructure could pose a threat to Cambodia’s vulnerable banking sector, officials with the National Cambodia Computer Emergency Response Team (CamCert) said yesterday. Speaking at the fifth annual Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh yesterday, ...
http://www.phnompenhpost.com/2013060766124/Business/web-hacks-a-risk-for-banks.html
Bicycle exports jump nearly 25% so far this year
Cambodian bicycle manufacturers earned more than $400 million from exports in the year to Aug 31, according to the Commerce Ministry. Shipments were 24.5 percent higher than the first eight months of 2020. If overseas demand remains strong, 12-month exports are likely to exceed last ...
Michael Firn
https://www.khmertimeskh.com/50931087/bicycle-exports-jump-nearly-25-so-far-this-year/
Cambodia unveils strategy to attract Chinese tourists
Cambodia’s Ministry of Tourism on Wednesday finalized its 5-year strategic plan to attract at least 1.3 million Chinese visitors by 2018. Speaking at a seminar on Cambodia tourism marketing strategy targeting China, So ViSothy, director of the Tourism Ministry’s Marketing and Promotion Department, said that currently ...
http://news.xinhuanet.com/english/world/2013-06/19/c_132467692.htm
Special status pepper sales not so spicy
About 120 tonnes of Kampot pepper, which received geographical indication (GI) certification from the European Union in 2019, was harvested last year but less than half of the yield was sold in the traditional way through the Kampot Pepper Promotion Association. ...
Chea Vannak
https://www.khmertimeskh.com/50676343/special-status-pepper-sales-not-so-spicy
Cambodians Abroad Sent Home $256M Last Year
Cambodian migrant workers sent home $256 million last year, according to a report from a U.N. agency and the World Bank, which was released in Bangkok yesterday. The report from the bank and Rome-based International Fund for Agriculture Development (IFAD), titled Sending Money Home to Asia, ...
http://www.cambodiadaily.com/business/cambodians-abroad-sent-home-256m-last-year-25574/
China-aided 2023 SEA Games stadium symbolises close Sino-Cambodian ties
Travelling along National Road 5 in the north of Phnom Penh, the capital of Cambodia, tourists can easily spot a mammoth sailing ship-shaped structure – the China-funded Morodok Techo National Stadium. ...
Staff Protest Corruption at Telecom Cambodia
The director-general of Telecom Cambodia, one of the country’s most highly regarded state-owned enterprises and a candidate for listing on the stock exchange, has left his post amid an investigation into corruption allegations, the minister of posts and telecommunications said on Thursday. Despite the staff’s ...
http://www.cambodiadaily.com/news/staff-protest-corruption-at-telecom-cambodia-10535/
War games: Ministry says 'please don't be alarmed' as it announces Golden Dragon military exercise with China
The Ministry of Defence on Thursday warned civilians and aircraft to avoid a section of Kampong Speu province from March 15 to March 30 while Cambodia participates in its Golden Dragon military training exercises with China. ...
Ben Sokhean and Andrew Nachemson
http://www.phnompenhpost.com/national/war-games-ministry-says-please-dont-be-alarmed-it-announces-golden-dragon-military-exercise
CDC approves eight projects so far in March
Cambodia approved eight investment projects worth over $69 million in the first three weeks of this month that are expected to deliver 5,249 jobs, according to a report from the Council for the Development of Cambodia (CDC). ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-eight-projects-so-far-march
Telco regulator launched
The Ministry of Post and Telecommunications officially launched the Telecommunication Regulator of Cambodia (TRC) yesterday in an attempt to establish laws to control, and resolve conflicts among, telecoms operators. Post and Telecommunications Minister so Khun said the TRC’s establishment supported other regulations for managing conflicts among mobile ...
Advertising industry in Cambodia grows
As Cambodia’s economy continues to grow, advertising in the country has developed to keep pace. But the industry still faces challenges, insiders say. According to Media Adex data by Indochina Research, which monitors advertising spending for TV and print (but not radio) $105.4 million was ...
Cambodian PM says vision 2050 is not a dream
Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, yesterday reassured that the Royal Government’s vision 2030 and 2050 is not a dream. ...
Khmer Times Staff
https://www.khmertimeskh.com/501396122/cambodian-pm-says-vision-2050-is-not-a-dream/
Digital tech deal to change the transport game: Loba
The top logistics industry body has struck a deal with a digital technology association that is tailored to better position the freight sector to drive growth and slash delivery times and operating costs, according to the former’s chief. ...
Hin Pisei
https://www.phnompenhpost.com/business/digital-tech-deal-change-transport-game-loba
Kingdom’s oil dreams live on even after driller files for liquidation
KrisEnergy Ltd, the operator of the Apsara oil field development offshore Cambodia, has confirmed that all operations of its subsidiary in Cambodia, KrisEnergy (Cambodia) Ltd, will continue as normal, despite its parent company filing for liquidation on June 4, according to a senior official of ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdoms-oil-dreams-live-even-after-driller-files-liquidation
PM praises SCC for work so far
Prime Minister Hun Sen yesterday praised the Supreme Consultative Council (SCC) — which consists of 16 political parties — for identifying and reporting to irregularities affecting the people. ...
Ry Sochan
https://www.khmertimeskh.com/50756875/pm-praises-scc-for-work-so-far/