Senior Interior Ministry official asks China to help teach digital skills to ministry officials
A senior official of the Ministry of Interior requested the Chinese side provide digital skills training to Ministry of Interior officials, especially officials of the General Department of Digital Technology and Education, which has just been established in the seventh mandate. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359147/senior-interior-ministry-official-asks-china-to-help-teach-digital-skills-to-ministry-officials/
ICT Federation overhauled
Trying to stay in sync with Cambodia’s rapid information and communication technology (ICT) growth, the Kingdom’s ICT Federation has been overhauled and is now fully chaired by industry insiders. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/ict-federation-overhauled
Strong growth projected for Cambodia’s banking sector
National Bank of Cambodia (NBC) governor Chea Chanto said on Monday that the Kingdom’s economy has maintained robust growth with low and manageable inflation which paves a favourable path for the banking sector’s continuous development. Meanwhile, fintech is playing an important role in the financial ...
May Kunmakara
https://www.phnompenhpost.com/business/strong-growth-projected-cambodias-banking-sector
NBC’s digital payments to go live in next few months
The National Bank of Cambodia (NBC) will launch a Blockchain-based, peer-to-peer payment and money transfer platform in the next few months, its director-general Chea Serey told The Post on Monday. Dubbed ‘Project Bakong’, the scheme already has the support of 11 banks, with many more ...
May Kunmakara
https://www.phnompenhpost.com/business/nbcs-digital-payments-go-live-next-few-months
Fintech points the way to full financial inclusion for Cambodians
With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. ...
Husain Haider
https://www.khmertimeskh.com/50809969/fintech-points-the-way-to-full-financial-inclusion-for-cambodians/
PM, Huawei regional chief talk IT development
Prime Minister Hun Sen has called on Chinese tech giant Huawei to continue to cooperate with the Ministry of Post and Telecommunications on training the local workforce and help Cambodia procure the latest technology to ensure cyber security and competition. ...
Hin Pisei
https://www.phnompenhpost.com/business/pm-huawei-regional-chief-talk-it-development
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/
MPTC asks Japanese Assoc to open digi-tech school in Cambodia
The Minister of Posts and Telecommunications Chea Vandeth requested a Japanese association to open a digital technology training school in Cambodia for highly skilled Cambodians to work in Japan and participate in national development. ...
Hang Punreay
https://www.khmertimeskh.com/501397176/mptc-asks-japanese-assoc-to-open-digi-tech-school-in-cambodia/
NBC, ERIA join hands to develop strategy for green digital finance
The National Bank of Cambodia (NBC) and the Economic Research Institution for ASEAN and East Asia have recently entered cooperation to develop a strategy for green digital finance in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501479400/nbc-eria-join-hands-to-develop-strategy-for-green-digital-finance/
Japan to fund four new local projects
Japan agreed to provide $384,817 in financial assistance to local organisations for projects in Phnom Penh, Kandal, Kampong Chhnang and Koh Kong. ...
Sum Manet
http://www.khmertimeskh.com/50112050/japan-fund-four-new-local-projects/
For Yunus, charity is not the only way
Professor Muhammad Yunus, a Nobel laureate who is considered the founding father of microfinance, urged an assembled crowd at the Royal University of Phnom Penh yesterday to start thinking about creating so-called social businesses. “Charity money goes, and does wonderful work, but it doesn’t come back,” ...
Joe Freeman
http://www.phnompenhpost.com/business/yunus-charity-not-only-way
Re-hired OFWs for HK, Brunei, Cambodia may use multiple exit clearances
Overseas Filipino workers in Hong Kong, Brunei and Cambodia who need to shuttle between these countries and the Philippines can now avail themselves of the multiple travel exit clearance (MTEC), according to the Philippine Overseas Employment Administration (POEA). The Memorandum Circular No. 7 issued by POEA ...
Two coal power plants built in Preah Sihanouk
The locally owned Cambodia International Investment and Development Group (CIIDG) and China Huadian Hong Kong Co Ltd (CHDHK) are partnering to build two coal-fired power plants in Preah Sihanouk province. With capital investment of around $1 billion, the facilities will be able to produce some ...
Thou Vireak
https://www.phnompenhpost.com/business/two-coal-power-plants-built-preah-sihanouk
Leopard Spots More Investment Opportunities
Approximately US $75 million will be invested in Cambodia and Laos by Leopard Capital. The company will focus on financial service, agriculture and power. The 10 year fund is targeting annual returns of 25 percent and will favor renewable energy sources. ...
Koh Russey Resort to exhibit in Hong Kong
Cambodia’s Koh Russey Resort development project is aiming to attract large foreign investment by exhibiting in Hong Kong. The resort will showcase its properties and facilities at an exhibition from November 29 until December 1, according to the real estate company CBRE. Expert staff of all departments ...
Moeun Nhean
http://www.phnompenhpost.com/real-estate/koh-russey-resort-exhibit-hong-kong
Kingdom’s prospects for fintech discussed
While financial technology, or fintech, has made little traction so far in Cambodia, panellists at a conference in Phnom Penh on Friday expressed confidence that the sector was poised for rapid growth. ...
Robin Spiess
http://www.phnompenhpost.com/business/kingdoms-prospects-fintech-discussed
Local startup is selected for fintech accelerator program
A Cambodian startup was selected to take part in Startupbootcamp’s three-month fintech accelerator program in Singapore, becoming the second firm from the Kingdom to join the international program in as many years. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/local-startup-selected-fintech-accelerator-program
UN rolls out fund for women-led firms
Cambodian women-led fintechs, technology or regulated financial institutions are among the enterprises eligible for the recently-launched Women Enterprise Recovery Fund to promote and expand their businesses, according to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP). ...
May Kunmakara
https://www.phnompenhpost.com/business/un-rolls-out-fund-women-led-firms
Cambodia ‘among lowest in the world for tech startups’
Cambodia ranked number 176 in the world in an index measuring the best places in the world to launch a tech startup, according to the first Draper Innovation Index (DII). ...
Husain Haider
https://www.khmertimeskh.com/50832303/cambodia-among-lowest-in-the-world-for-tech-startups/
Haystack Asia Acquires KhmerDev
Investment capital firm Haystack Asia has acquired KhmerDev, an information technology company which was the first French-speaking IT service provider in Cambodia when it launched in 2001. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50832226/haystack-asia-acquires-khmerdev/