Korea’s KB Kookmin Bank says completes acquisition of Prasac
South Korea’s KB Kookmin Bank, New York-listed KB Financial Group Inc’s (KB) commercial banking unit, on October 20 announced the completion of the acquisition the remaining 30 per cent interest in Prasac, Cambodia’s largest microfinance institution, as it expands its business into the Kingdom’s financial ...
May Kunmakara
https://www.phnompenhpost.com/business/koreas-kb-kookmin-bank-says-completes-acquisition-prasac
ADB okays $40M loan for finance
The Asian Development Bank (ADB), in an effort to support the government, has approved a $40 million policy-based loan to expand access to credit among micro-, small-, and medium-sized enterprises (MSME) and implement reforms to boost financial stability and upgrade financial sector infrastructure amid the ...
May Kunmakara
https://www.phnompenhpost.com/business/adb-okays-40m-loan-finance
PM: Grade 12 exam still on
Public and private educational institutions across Cambodia reopened their doors on November 1 after being closed since March due to the Covid-19 pandemic, while Prime Minister Hun Sen made it clear that high school diploma exams would be taking place this year and students will ...
Voun Dara
https://www.phnompenhpost.com/national/pm-grade-12-exam-still
Activists say mangroves under threat
Some of Cambodia’s fishing communities and civil society organisations are expressing great concern over the ongoing loss of mangrove forests in coastal areas due to illegal encroachment as well as legal coastal development projects. They called on relevant authorities to intervene on the matter. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/activists-say-mangroves-under-threat
PM: Nightclubs and KTVs cannot open until 30th of November at earliest but weddings permitted
Speaking today at the opening of the new $28 million office building of the Ministry of Land Management, Urban Planning and Construction, PM Hun Sen has made a far reaching speech discussing, amongst other topics, further developments in the ‘reopening’ of Cambodia ...
Khmer Times Staff
https://www.khmertimeskh.com/50966755/pm-nightclubs-and-ktvs-cannot-open-until-30th-of-november-at-earliest-but-weddings-permitted/
No payment required for travellers taking rapid Covid tests on arrival
Ministry of Health officials said there would be no payment required for the rapid Covid-19 tests given to travellers who arrive in Cambodia from November 15 onwards after the quarantine requirement is lifted for fully vaccinated people. ...
Mom Kunthear
https://www.phnompenhpost.com/national/no-payment-required-travellers-taking-rapid-covid-tests-arrival
Ministry of Education approves reopening of public and private kindergartens and childcare services for children aged 5 and over
After the opening of most primary, secondary and higher education institutions, both public and private with no significant incidents related to the health of staff and students, the Ministry of Education, Youth and Sports has decided to allow kindergartens and child care services for children ...
Khmer Times Staff
https://www.khmertimeskh.com/50981000/ministry-of-education-approves-reopening-of-public-and-private-kindergartens-and-childcare-services-for-children-aged-5-and-over/
Customs excise revenue hits $2.065 billion as revenue trend recovers
The General Department of Customs and Excise of Cambodia has collected $2.065 billion for the national budget in the first 11 months of this year. This was confirmed by Kun Nhim, Minister Delegate to the Prime Minister and Director General of Customs and Excise of ...
Khmer Times Staff
https://www.khmertimeskh.com/50989989/customs-excise-revenue-hits-2-065-billion-as-revenue-trend-recovers/
Peppercorn exports sprout 457% to nearly 28K tonnes
Cambodia shipped out about 27,730.07 tonnes of peppercorn – both geographical indication- (GI) branded Kampot pepper and non-GI cultivars – in the first 11 months of 2021, up 456.53 per cent year-on-year, with Vietnam as the top buyer, the Ministry of Agriculture, Forestry and Fisheries ...
Hom Phanet
https://www.phnompenhpost.com/business/peppercorn-exports-sprout-457-nearly-28k-tonnes
Bokor National Park squatters told to clear out by December 15
The Kampot provincial Department of Environment warned people who have encroached upon land in Preah Monivong Bokor National Park and claimed it as their own to voluntarily remove their boundary posts or huts by December 15 or face legal action. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/bokor-national-park-squatters-told-clear-out-december-15
Ministry, WHO: Be prepared for Omicron variant
The Ministry of Health called on the public to be vigilant and prepared for the arrival of the Omicron variant in Cambodia so that they will not have any regrets when it gets here. ...
Mom Kunthear
https://www.phnompenhpost.com/national/ministry-who-be-prepared-omicron-variant
Kingdom, VN to step up defence, security co-op
Cambodia and Vietnam have agreed to strengthen cooperation in defence and security and to respect each other’s independence, sovereignty and territorial integrity by accelerating the demarcation of the remaining 16 per cent of the border. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/kingdom-vn-step-defence-security-co-op
Target groups get fourth dose
The Ministry of Health has authorised a fourth dose of the Pfizer Covid-19 vaccines for certain target groups in Phnom Penh beginning on January 14 at certain national hospitals and extending to other institutions at later dates. ...
Mom Kunthear
https://www.phnompenhpost.com/national/target-groups-get-fourth-dose
Ford plant may go online ‘early April’
Construction of RMA (Cambodia) Plc’s vehicle assembly plant is 100 per cent complete and installation of the facilities and equipment is nearing the 70 per cent mark, with all signs indicating that production could begin in early April, according to the locally-listed firm’s CEO Ngorn ...
May Kunmakara
https://www.phnompenhpost.com/business/ford-plant-may-go-online-early-april
Gov’t ends $40 subsidy for garment workers
The Labour Ministry decided to end the $40 allowance per month for garment, footwear, and travel products workers whose contracts were suspended due to the Covid-19 pandemic. However, the ministry will still continue to provide this allowance to workers in the field of tourism. ...
Tin Sokhavuth
https://www.khmertimeskh.com/501010144/govt-ends-40-subsidy-for-garment-workers/
Communes creating over 1600 finance jobs
Three ministries jointly issued a prakas to announce the recruitment of a commune administrative financial assistant for each of the more than 1,600 communes across the country to improve the efficiency of financial management in commune administration. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/communes-creating-over-1600-finance-jobs
Sokhonn seeks to meet all sides on visit to Myanmar
Minister of Foreign Affairs and International Cooperation Prak Sokhonn, who has been appointed as ASEAN Special Envoy on Myanmar, has announced plans for an official visit to the beleaguered nation in March, expressing his intention to meet all “relevant” sides that Naypyidaw will permit. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/sokhonn-seeks-meet-all-sides-visit-myanmar
Cambodia Omicron cases pass 1,000 total
Cambodia recorded another jump in Omicron cases today. Todays official daily new COVID case total (diagnosed by PCR test) was 46 – all the Omicron variant – bringing the COVID case total to 121,484 cases. ...
Khmer Times Staff
https://www.khmertimeskh.com/501018496/cambodia-omicron-cases-pass-1000-total/
Foreign companies reminded to register for VAT before April 1
The General Department of Taxation (GDT) has issued a reminder for foreign companies supplying digital goods, services or any e-commerce activity in Cambodia to fulfil the obligation for Simplified VAT Registration before the April 1 deadline or stand to face fines. ...
Hom Phanet
https://www.phnompenhpost.com/business/foreign-companies-reminded-register-vat-april-1
Residence, family books free of charge, district police say
The seven commune police stations in Phnom Penh’s Russey Keo district have been instructed to pay more attention to the issuance of residence and family books to people changing their residence or moving from one village or commune to another. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/residence-family-books-free-charge-district-police-say