Central bank poised to auction off 90B riel on July 25
The National Bank of Cambodia (NBC) is set to hold its 134th liquidity-provided collateralised operation (LPCO) on July 25, making 90 billion riel ($22 million) available to local financial institutions in need of liquidity, through an auction to buy US dollars. ...
May Kunmakara
https://www.phnompenhpost.com/business/central-bank-poised-auction-90b-riel-july-25
Phnom Penh buses set to ‘streamline’ travel to polls
Khuong Sreng, the governor of Phnom Penh, announced that the municipal administration has organised approximately 350 city buses to assist in travel for the July 23 national elections. ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/phnom-penh-buses-set-streamline-travel-polls
H1 vehicle imports slow down by 20% on-year to $457M
Cambodia imported a total of $456.673 million worth of “rot’yon” -class automotive motor vehicles in the first half of 2023, down 19.90 per cent year-on-year from $570.099 million, according to the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/h1-vehicle-imports-slow-down-20-year-457m
PM Modi holds talks with Cambodian King, discusses ways to advance partnership
Prime Minister Narendra Modi on Tuesday held talks with visiting Cambodian King Norodom Sihamoni, during which the two sides discussed bilateral ties and ways to advance the partnership in capacity building, tourism, culture and defence among other things. ...
Khmer Times Staff
https://www.khmertimeskh.com/501299570/pm-modi-holds-talks-with-cambodian-king-discusses-ways-to-advance-partnership/
Korean philanthropists build houses for the impoverished
South Korean philanthropists have constructed over 260 houses for residents in the Banteay Srei district of Siem Reap province. Working through the Cambofriend organisation, their efforts aimed to enhance local livelihoods while strengthening the friendship between the two nations. ...
Chea Sokny
https://www.phnompenhpost.com/national/korean-philanthropists-build-houses-impoverished
Investment projects promise almost 80K new job opportunities
The Council for the Development of Cambodia (CDC) notices issued in the January-May period reveal that the government agency approved 61 new private investment projects – both inside and outside of special economic zones (SEZ) – totalling $516.64 million and set to deliver an estimated ...
Hin Pisei
https://www.phnompenhpost.com/business/investment-projects-promise-almost-80k-new-job-opportunities
Ministry of Labour to provide vocational training to 1.5 million young people from poor and vulnerable families
Pursuant to the recommendation of Prime Minister Hun Sen, the Ministry of Labor and Vocational Training is co-developing a national policy on vocational training for 1.5 million young people in poor and vulnerable families with the Royal Government paying tuition fees and monthly stipends. ...
Khmer Times Staff
https://www.khmertimeskh.com/501303351/ministry-of-labour-to-provide-vocational-training-to-1-5-million-young-people-from-poor-and-vulnerable-families/
Phnom Penh job fair offers 4,500 openings
The National Employment Agency (NEA) under the Ministry of Labour and Vocational Training, in collaboration with the Union of Youth Federations of Cambodia (UYFC), organised a two-day job fair and career guide, with a total of 4,500 job opportunities from 25 companies. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/phnom-penh-job-fair-offers-4500-openings
China, Vietnam, Thai markets make up 70% of Cambodia’s imports
Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports
Ecobatt, environment ministry tackle e-waste
In a joint effort between the Ministry of Environment and Ecobatt Energy Investment International (Ecobatt), over 30 tonnes of electronic waste, including used cell batteries and electrical equipment, were collected between August 2022 and October 2023. ...
Post Staff
https://www.phnompenhpost.com/national/ecobatt-environment-ministry-tackle-e-waste
CPV General Secretary: Vietnam supports Cambodia’s national development
Vietnam always supports Cambodia’s national construction and development, General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen PhuTrong told President of the Cambodian National Assembly (NA)KhuonSudary, during a reception in Hanoi, Vietnam on Dec. 1. ...
Khmer Times Staff
https://www.khmertimeskh.com/501400484/cpv-general-secretary-vietnam-supports-cambodias-national-development/
Street Vendors Day calls for support
The Independent Democratic Informal Economy Association abbreviated (IDEA) and OXFAM in Cambodia on November 15 celebrated the 11th International Street Vendors Day, with the aim of promoting labour rights and calling for social protection for street vendors. ...
Chea Sokny
https://www.phnompenhpost.com/national/street-vendors-day-calls-for-support
Cambodia’s Special Economic Zone: Decade of remarkable transformation under BRI
On the occasion of the third Belt and Road Forum for International Cooperation, an achievement unveiling ceremony took place in Beijing on Tuesday to mark the development of Cambodia’s Sihanoukville Special Economic Zone during the past 10 years under the Belt and Road Initiative. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379750/cambodias-special-economic-zone-decade-of-remarkable-transformation-under-bri/
Mining ESG compliance highlighted by study
Fair Finance Cambodia (FFC), a coalition originally created to help secure funding for the well-being of the country’s most vulnerable, has recently published a comprehensive study titled “Environmental, Social and Corporate Governance (ESG) Compliance” on the gold mining industry in the Kingdom. ...
Sok Raksa
https://www.phnompenhpost.com/national/mining-esg-compliance-highlighted-by-study
CATA urges SME Bank to support cruise boat businesses
Small and Medium Enterprise Bank of Cambodia Plc (SME Bank), which is currently reviewing its $50 million budget support for pandemic-hit tourism players in Siem Reap province was asked to consider providing loans to cruise boat businesses along the Tonle Sap River. ...
Nheng Chamrong
https://www.khmertimeskh.com/501416844/cata-urges-sme-bank-to-support-cruise-boat-businesses/
PM to make first official trip to Japan
Hun Manet will make his first official visit to Japan as Prime Minister to further strengthen relations in a year that marks the 70th anniversary of diplomatic ties, with a political analyst predicting this will set a new milestone for the two nations. ...
Meas Molika
https://kiripost.com/stories/pm-to-make-first-official-trip-to-japan
Footwear export revenue sees decline
Cambodia’s export revenue from footwear and related products reached nearly $1 billion in the first nine months of 2023, marking a 25.1% decline from the $1.32 billion recorded during the same period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/footwear-export-revenue-sees-decline
Electrical machinery sales close to double as tech exports surge
Cambodia’s exports of electrical machinery, equipment and related products surpassed $2.4 billion in the first nine months of 2023, marking an increase of nearly double compared to the same period last year, according to the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-sales-close-double-tech-exports-surge
20,000 youth to receive training as the Kingdom raises skilled HR
The Ministry of Labour and Vocational Training announced that nearly 20,000 young people from disadvantaged households registered for and received vocational training in the 45 days between November 15 and December 30. ...
Van Socheata
https://www.phnompenhpost.com/national/20-000-youth-to-receive-training-as-the-kingdom-raises-skilled-hr
Official: Ministry pays close attention to freedom of press
Tep Asnarith, spokesperson for the Ministry of Information, has reiterated that freedom of the press does not extend to messages that are political in nature, or contain an agenda. ...
Vong Daravady
https://www.phnompenhpost.com/national/official-ministry-pays-close-attention-to-freedom-of-press