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Cambodia is ‘handicapped’ by dollarization

Cambodia is handicapped by the dollarization of its economy in three ways, according to Kith Sovannarith, Deputy Director General of Banking Supervision at the National Bank of Cambodia. ...

Riel Gains
http://www.khmertimeskh.com/news/36365/cambodia-is----handicapped----by-dollarization/

Cambodia's Population At 14.68 Million

Cambodia’s population has risen to 14.68 million, up nine percent over the last five years, according to the intercensal population survey. The survey conducted by the Planning Ministry’s National Institute of Statistics showed 7.12 million of the population are males and 7.56 million females, Xinhua news ...

http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=970080

Projects to improve sub-national mediation, judicial services

The Ministry of Justice is set to sign memorandums of understanding (MoU) with Oxfam Cambodia and the Women Peace Makers on projects that would strengthen its mechanisms and implement sub-national mediation to reduce a backlog of court cases and improve access to judicial services. ...

Ry Sochan
https://www.phnompenhpost.com/national/projects-improve-sub-national-mediation-judicial-services

Digitalisation ‘a key driver for small and medium businesses’

Speaking at the Global SME Finance Forum 2020 on moving into the future, the role of digitalisation in promoting SMEs’ access to finance, Chea Serey, director-general of the National Bank of Cambodia (NBC), said SMEs are considered to be a crucial sector for the economy ...

Sok Chan
https://www.khmertimeskh.com/50778833/digitalisation-a-key-driver-for-small-and-medium-businesses/

Second round of Siem Reap cattle vaccinations underway

Siem Reap has received more than 60,000 doses of cattle vaccines and is preparing to administer them for the second time this year, according to provincial Animal Health and Production Bureau chief Prum Vich. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/second-round-siem-reap-cattle-vaccinations-underway

On Israeli farms, Cambodians study and sweat

For the past 11 months, Seng Nhel lived on a kibbutz in Israel, studying horticulture and working 45 hours a week on a farm growing fruits and vegetables for agro-industry giant Mehadrin. ...

Peter Ford and Ouch Sony
https://www.cambodiadaily.com/news/on-israeli-farms-cambodians-study-and-sweat-94321/

Cambodia and EAEU fortify ties, consider FTA

Cambodian officials pleaded last week with representatives of the Eurasian Economic Union (EAEU) to include more Cambodian products into the bloc’s joint tariff scheme during a high level diplomatic meeting in Moscow. ...

Sok Chan
https://www.khmertimeskh.com/50497849/cambodia-and-eaeu-fortify-ties-consider-fta/

Russia and Cambodia look to increase investment

Cambodia and Russia have officially inked agreements to promote bilateral trade and investment until 2020, although concrete details about how that will be accomplished have yet to be released. ...

Kali Kotoski
http://www.phnompenhpost.com/business/russia-and-cambodia-look-increase-investment

Taxes on local alcohol and cigarettes increased

The government will increase the special tax on alcohol and cigarettes produced locally, with the implementation of the new tax to be effective from April 1, a move that has concerned producers. ...

Chea Vannak and Sum Manet
http://www.khmertimeskh.com/news/23126/taxes-on-local-alcohol-and-cigarettes-increased/

Putting hospitals on lockdown

The government plans to extend the country’s still-limited capacity to treat ailing prisoners by building more secure rooms inside provincial hospitals. As part of the General Department of Prisons’ 2014-2018 strategic plan, the Ministry of Interior hopes to have rooms specifically designated for prisoners in each ...

Chhay Channyda
http://www.phnompenhpost.com/national/putting-hospitals-lockdown

Commerce Minister calls on checkpoint officials to crackdown on expired goods

Commerce Minister asked officials at all border checkpoints to prevent and crackdown on expired products. Son Chanthol, the Commerce Minister, made such comments during a meeting Tuesday with officials from Department of Commerce, Chamber of Commerce, and checkpoints in Banteat Meanchey province. He also asked his officials ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=OWFjOTZkZjI0OTh

Bag firm plans to grow local operations

Wah Sun Handbags International Holding unveiled plans yesterday to expand its Cambodia operations, citing the country’s low labour costs as the primary reason for the move. In a filing on the Hong Kong Stock Exchange, the handbag manufacturer announced plans to raise up to $18 ...

Hor Kimsay
http://www.phnompenhpost.com/business/bag-firm-plans-grow-local-operations

ICT4D Cambodia Network workshop

The increasing utilization of Information and Communication Technology (ICT) tools has had a huge impact on the livelihood of Cambodian people in what is often called the “Industrial Revolution 4.0”. Recognizing the inevitable evolution toward digital change, the Cambodian government has been preparing to digitalize ...

First ever paddy art festival to be organized early 2016

The first ever Paddy Art Festival will be organized early 2016, aiming to boost agro-tourism and cultural natural tourism to attract oversea tourists visit the country. ...

Chea Vannak
http://www.khmertimeskh.com/news/12241/first-ever-paddy-art-festival-to-be-organized-early-2016/

EU offers grant for Kingdom’s Covid-19 fight

EU Ambassador to Cambodia Carmen Moreno applauded the country’s efforts to control the Covid-19 crisis and said the EU is transferring a €56 million ($66.7 million) grant to help restore the economy, said a Ministry of Economy and Finance press release. ...

Niem Chheng
https://www.phnompenhpost.com/national/eu-offers-grant-kingdoms-covid-19-fight

Amid global Zika fears, gov’t urges calm and preparedness

As Latin American countries reel from a spike in the number of microcephaly cases, believed to be linked to the mosquito-borne virus Zika, the Cambodian Ministry of Health has urged citizens to take precautions against the spread of the disease here. ...

Pav Suy and Jonathan Cox
http://www.khmertimeskh.com/news/21610/amid-global-zika-fears--gov---t-urges-calm-and-preparedness/

Thai law firm says IP the main focus

A Bangkok-based regional law firm says it will expand to Cambodia in the coming weeks, despite the local bar association’s renewed drive to clamp down on foreign lawyers practising “illegally” in the country. Law firm Tilleke & Gibbins said it expected to enter the legal scene ...

Charles Rollet
http://www.phnompenhpost.com/business/thai-law-firm-says-ip-main-focus

Cambodia, Vietnam strengthen banking cooperation

The National Bank of Cambodia (NBC) and the State Bank of Vietnam (SBV) have agreed to strengthen bilateral cooperation through exchange of experience on economy and banking system. ...

Khmer Times Staff
https://www.khmertimeskh.com/501207675/cambodia-vietnam-strengthen-banking-cooperation/

Follow NBC official exchange rate, taxpayers told

The General Department of Tax (GDT) of the Ministry of Economy and Finance has asked tax payers to follow the official exchange rate issued by National Bank of Cambodia (NBC), in a move to strengthen tax collection efficiency. ...

Khmer Times Staff
https://www.khmertimeskh.com/501177006/follow-nbc-official-exchange-rate-taxpayers-told/

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