Roadmaps drawn up for auto, electronics sectors
The government has drafted official roadmaps for the development of the automotive and electronics sectors in Cambodia, to create more than 22,000 new jobs and raise exports past $2 billion over the next five years. ...
Hom Phanet
https://www.phnompenhpost.com/business/roadmaps-drawn-auto-electronics-sectors
Drop ICT tariffs to grow: study
Cambodia could add an additional $320 million to the economy over the next 10 years while increasing tax revenue by $24 million if it dropped its tariffs on information and communication technology (ICT), according to new research published yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/drop-ict-tariffs-grow-study
Tech designer hopes to create better data system for hospitals
Programmer Kong Divin recently returned from a trip to the US, where he won second place in a Microsoft office context in Texas. He had entered the same competition last year, but did not win any prizes, though it gave him the drive to return. ...
Socheata Hean
http://www.voacambodia.com/content/tech-designer-hopes-to-create-better-data-system-for-hospitals/2930672.html
More than 30,000 attend Science, Tech and Innovation Day event
More than 30,000 participants attended Cambodia’s first-ever Sacience, Technology, and Innovation Day at the Diamond Island Convention and Exhibition Center from March 26 to 28. ...
Khmer Times Staff
https://www.khmertimeskh.com/501268139/more-than-30000-attend-science-tech-and-innovation-day-event/
PM: Invest more in science, tech, innovation
Prime Minister Hun Sen on March 26 called for all stakeholders to step up collaboration and allocate more funds and resources for science, technology and innovation (STI) towards bringing and keeping the workforce up-to-speed with tech developments. ...
Hin Pisei
https://www.phnompenhpost.com/business/pm-invest-more-science-tech-innovation
Vietnamese business helps develop block chain technology in Cambodia
Vietnam’s Unicorn Ultra (U2U) ecosystem, an All-in-One platform for potential builders, opened its representative office in Cambodia to introduce, build and develop products applying block chain, artificial intelligence (AI), and Big Data. ...
Khmer Times Staff
https://www.khmertimeskh.com/501396143/vietnamese-business-helps-develop-block-chain-technology-in-cambodia/
Cambodia needs 70% digital technology professionals annually
Digital technology professionals are in huge demand to meet the current and future job needs, as well as to contribute to economic growth and support the digital transformation process. ...
Hang Punreay
https://www.khmertimeskh.com/501469157/cambodia-needs-70-digital-technology-professionals-annually/
Customs launches mobile app for this year
The General Department of Customs and Excise of Cambodia (GDCE) has launched a mobile app of the Cambodia Customs Tariff for 2022 to make it easier for businesspeople to calculate import duties and taxes, and identify goods by category and restriction status. ...
Hom Phanet
https://www.phnompenhpost.com/business/customs-launches-mobile-app-year
Asian Development Bank announces $45M loan for secondary education
The Asian Development Bank has approved a $45 million loan for Cambodia to overhaul its upper secondary education in order to address the increased demand for skilled workers. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/asian-development-bank-announces-45m-loan-secondary-education
Minister of Posts and Telecommunications encourages passing BAC II students to learn digital technology skills
Chea Vandeth, the Minister of Posts and Telecommunications, has issued a letter urging students to pass the high school diploma exam to acquire digital technology skills. ...
Khmer Times Staff
https://www.khmertimeskh.com/501390300/minister-of-posts-and-telecommunications-encourages-passing-bac-ii-students-to-learn-digital-technology-skills/
Thai bank’s $140M offer to buy Cambodian MFI on hold
Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...
Hor Kimsay
http://www.phnompenhpost.com/business/thai-banks-140m-offer-buy-cambodian-mfi-hold
Telecommunications ministry pushes tech education
The Ministry of Post and Telecommunications urged the students who completed the recent High School Diploma examinations to embrace digital technology, which it said plays an important role in daily life, business, public service and other services. ...
Long Kimmarita
https://www.phnompenhpost.com/national/telecommunications-ministry-pushes-tech-education
Business Registrations Up 34% This Year
The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...
Cambodia, Macao ink tourism pact
The Ministry of Tourism signed a memorandum of understanding (MoU) with Macao to boost the Kingdom’s tourism industry and train personnel in the sector. ...
Sum Manet
http://www.khmertimeskh.com/news/25554/cambodia--macao-ink-tourism-pact/
Three universities agree to found new research centre
The Royal University of Phnom Penh, the Royal University of Fine Arts, and the National Institute of Education inked a memorandum of understanding (MoU) on Monday, agreeing to establish a joint higher education social sciences and humanities research Institute. ...
Voun Dara
https://www.phnompenhpost.com/national/three-universities-agree-found-new-research-centre
Construction standards on the way
The International Business Chamber of Cambodia (IBS) on Friday took a step to formulate industry-wide construction standards by signing a memorandum of understanding with the UK’s Royal Institute of Chartered Surveyors (RICS), an accreditation agency that monitors quality and safety across the property market. ...
Igor Kossov
http://www.khmertimeskh.com/news/15449/construction-standards-on-the-way/
Boost for seafood exports
The Institute of Standards of Cambodia (ISC) and the United Nations Industrial Development Organization (UNIDO) will team up to boost the export of four seafood products that adhere to international standards. Speaking at a workshop at the Ministry of Industry and Handicraft yesterday, ISC director-general Chan ...
Sum Manet
http://www.khmertimeskh.com/news/30243/boost-for-seafood-exports/
Heritage preserved: Park status to protect ancient site
Ancient ironwork at a site in Preah Vihear province that predates the civilisation of Angkor will fall within a new national park formed by royal decree last week. More than 200 pre-Angkor era industrial sites have been discovered since 2010, but the newly created national park ...
Phak Seangly
http://www.phnompenhpost.com/national/heritage-preserved-park-status-protect-ancient-site
New loan agreement standard for financial industry breeds debate
A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June. But insiders and observers have expressed differing views on the precise provisions of the instrument, its potential effects on market competition, and ...
Rann Reuy
https://www.phnompenhpost.com/business/new-loan-agreement-standard-financial-industry-breeds-debate
Smooth sailing for port’s IPO
Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. The Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter ...
Brian Ng
http://www.phnompenhpost.com/business/smooth-sailing-ports-ipo