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Financial firm consolidation will boost industry resilience, says NBC governor

Witnessing the merger between PRASAC Minority Depository Institution (MDI) and Kookmin Bank Cambodia, the Governor of the National Bank of Cambodia (NBC) Chea Serey expressed hope to see more consolation happening in the industry to boost its resilience and efficiency. ...

Nhean Chamrong
https://www.khmertimeskh.com/501446574/financial-firm-consolidation-will-boost-industry-resilience-says-nbc-governor/

Minister highlights TVET as path to higher education

Minister of Labour and Vocational Training Heng Sour stated that technical and vocational education training (TVET) serves as a bridge for young people to develop simple skills which can be combined and form a foundation for further studies in college. ...

Van Socheata
https://www.phnompenhpost.com/national/minister-highlights-tvet-as-path-to-higher-education

MoT, WWF team up to promote green tourism

The Ministry of Tourism (MoT) and the World Wide Fund for Nature (WWF) teamed up to promote ‘green tourism’ in the Kingdom by prioritising the conservation of natural resources while promoting the use of renewable energy aimed at turning the country into a world-class tourism ...

Nhean Chamrong
https://www.khmertimeskh.com/501445996/mot-wwf-team-up-to-promote-green-tourism/

Ly Thuch receives Martin Vavra, Ambassador of the Czech Republic to Cambodia

Dr. Ly Thuch, Senior Minister and First Vice President of the Mines Authority, on February 26, 2024, at the Office of the Mine Authority, received Martin Vavra, Ambassador of the Czech Republic to Cambodia, for a courtesy call and an inquiry on mine action in ...

Khmer Times Staff
https://www.khmertimeskh.com/501446375/ly-thuch-receives-martin-vavra-ambassador-of-the-czech-republic-to-cambodia/

NSSF targets broader membership

The National Social Security Fund (NSSF) is set to continue enhancing the promotion of voluntary contributions to healthcare in 2024, aimed at bolstering the effectiveness of efforts geared towards safeguarding the welfare of the Cambodian people. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/nssf-targets-broader-membership

Cambodia expects over million EVs by next decade

Cambodia is expecting to have over a million electric two and three-wheelers in the country between 2030 and 2040 and about 100,000 electric cars between 2035 and 2042, according to the Electric Vehicle (EV) Roadmap for Charging Stations, released recently by the Ministry of Public ...

Manoj Mathew
https://www.khmertimeskh.com/501437127/cambodia-expects-over-million-evs-by-next-decade/

Cambodia asks the EU to examine the possibility of cooperating on land registration throughout the country

The Minister of Land Management, Urban Planning, and Construction, Say Sam Al, requested the European Union examine the possibility of cooperation on land registration throughout the country and the establishment of construction standards in Cambodia to promote economic growth and improve the living standards of ...

Khmer Times Staff
https://www.khmertimeskh.com/501439239/cambodia-asks-the-eu-to-examine-the-possibility-of-cooperating-on-land-registration-throughout-the-country/

MPTC to hold digital government forum 2024 next month

The Ministry of Post and Telecommunications (MPTC) is organizing the “Digital Government Forum 2024” on March 11-13, 2024 at the Koh Pich Convention and Exhibition Centre, allowing experts to discuss new trend in digital technologies and acceleration of digital transformation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501439034/mptc-to-hold-digital-government-forum-2024-next-month/

PM urges the strengthening of intellectual property rights

Prime Minister Hun Manet urged the Ministry of Culture and Fine Arts, including relevant institutions, to strengthen work related to intellectual property, copyright, and related rights to prevent plagiarism and to amend the relevant legal framework in line with the development of technology. ...

Torn Vibol
https://www.khmertimeskh.com/501453587/pm-urges-the-strengthening-of-intellectual-property-rights/

Cambodia’s rubber article exports rise 90 percent

Cambodia earned $215 million from the exports of rubber articles in the first two months of this year, an increase of 90 percent compared to the same period last year, according to the latest trade data of the General Department of Customs and Excise (GDCE). ...

Manoj Mathew
https://www.khmertimeskh.com/501458804/cambodias-rubber-article-exports-rise-90-percent/

Trade with Singapore grows, exceeds $900M

The total value of trade between Cambodia and Singapore amounted to almost $920 million in 2023, marking an increase of over 7% compared to the previous year. Imports from the city-state represented a substantial 94% of the figure, according to the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-with-singapore-grows-exceeds-900m

Gov’t bonds reduce foreign borrowing

Since the government, through the Ministry of Economy and Finance, started issuing sovereign bonds in September 2022, they have emerged as a new financial instrument, enabling the government to augment domestic revenue, thereby reducing the need to borrow from foreign sources for infrastructure development. ...

May Kunmakara
https://www.phnompenhpost.com/post-in-depth/gov-t-bonds-reduce-foreign-borrowing

Cambodia mulls DTA talks with seven countries

Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...

Chea Vanyuth
https://www.khmertimeskh.com/501475836/cambodia-mulls-dta-talks-with-seven-countries/

Cambodia, Australia reinforce economic ties at meeting

Cambodia’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Sok Chenda Sophea, recently hosted Australian Ambassador Derek Yip in Phnom Penh to discuss the growing economic and diplomatic ties between Cambodia and Australia. ...

Jerome Misa
https://www.khmertimeskh.com/501584988/cambodia-australia-reinforce-economic-ties-at-meeting/

Single Portal registers biz worth over $13 billion

The Online Business Registration System (OBR), better known as the Single Portal, under the Ministry of Economy and Finance (MEF) registered businesses with $13.76 billion in investment capital as of September 2024, official figures showed on Wednesday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501579020/single-portal-registers-biz-worth-over-13-billion/

Gold sees price surge amid global uncertainty, becomes “safe asset”

Over the past two to three years, the price of gold on the international market has steadily risen, driving up prices in Cambodia, even as the country exports refined gold to global markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/gold-sees-price-surge-amid-global-uncertainty-becomes-safe-asset-

MRC ministerial council approves a drought management strategy, other policies, boosting Mekong countries’ ability to prepare for future disaster

On 26 November 2019, Ministerial delegates from the Mekong River Commission (MRC) Council today at their annual gathering in Phnom Penh approved a drought management strategy for 2020-2025, allowing Cambodia, Lao PDR, Thailand and Viet Nam to prepare for and manage drought collectively. The approved ...

Mekong River Commission

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Students Urge All Sides to Keep Election Protests Peaceful

More than 200 students and opposition supporters marched Sunday around Phnom Penh’s Wat Phnom with flowers in hand, urging parties to refrain from violence during Saturday’s protest against last month’s contested national election results and for recent incitement charges against two students to be dropped. The ...

Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/elections/students-urge-all-sides-to-keep-election-protests-peaceful-41556/

A minor melee mars day’s events

A day of peaceful demonstrations gave way to an evening of unrest last night as a handful of protesters were removed from a small patch of land across from the United States embassy and a grup of uninvolved people threw Molotov cocktails towards riot police ...

Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/minor-melee-mars-day%E2%80%99s-events

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