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Central bank urges Riel spending

Cambodia’s central bank yesterday again raised the issue of the country’s highly dollarised economy, suggesting that government policies and action plans will be enforced over the long term to promote the use of the riel, giving the National Bank of Cambodia (NBC) more monetary control.Speaking ...

Sor Chandara
http://www.phnompenhpost.com/business/central-bank-urges-riel-spending

Kingdom unfazed by Fed rate hike

A day after the US Federal Reserve increased interest rates, which can potentially impact incoming investments and make debt more costly, experts say the Kingdom’s strong underlying growth will help maintain investments flows and leave the country largely unaffected.The Fed’s 25 basis point rate hike ...

Ananth Baliga
http://www.phnompenhpost.com/business/kingdom-unfazed-fed-rate-hike

NBC issues prakas for riel loans

The National Bank of Cambodia (NBC) issued a prakas, or directive, last week instructing commercial banks and microfinance institutions to make out more riel loans to their customers, in a bid to promote the use of the national currency. The prakas, which took effect on Thursday, ...

Sok Chan
http://www.khmertimeskh.com/news/32828/nbc-issues-prakas-for-riel-loans/

Provincial top cops on notice following crime wave

Interior Minister Sar Kheng yesterday took aim at the police chiefs of Battambang, Kandal and Pursat provinces, warning that they should be prepared to lose their titles if they fail to crack down on a recent crime wave.Kheng said the three police chiefs needed to ...

Pech Sotheary
http://www.phnompenhpost.com/national/provincial-top-cops-notice-following-crime-wave

CMAA warns residents of flooded areas about mines

Ly Thuch, Senior Minister and First Vice-President of the Cambodian Mine Action and Victim Assistance Authority (CMAA), called on government officials at all levels to continue spreading awareness about the dangers of mines and explosive remnants of war (ERW) whenever meeting with the public in ...

Voun Dara
https://www.phnompenhpost.com/national/cmaa-warns-residents-flooded-areas-about-mines

Thais waive border fees for New Year

Thai officials will next month waive fees at border gates to allow workers from Cambodia to return home for the New Year. The Cambodian embassy in Thailand yesterday confirmed the move to Khmer Times and said the free pass will apply to all Cambodian workers and ...

Mom Kunthear
http://www.khmertimeskh.com/news/36583/thais-waive-border-fees-for-new-year/

Passports to be valid longer

Passports issued to Cambodians will soon be valid for 10 years instead of three, officials at the Ministry of Interior said yesterday. General Mao Chandara, head of the ministry’s General Directorate of Identification, said that by July, the department will begin to issue long-awaited 10-year passports. ...

Cheang Sokha
http://www.phnompenhpost.com/national/passports-be-valid-longer

Private firm takes over responsibility for work permits

The Ministry of Labor passed all responsibility for foreign work permits today to E-Solutions (Cambodia) Co., leaving a multitude of unanswered questions about the private company that will process, produce and distribute the permits online. Ministry spokesman Heng Sour declined to answer questions about the company, ...

Sek Odom and Janelle Retka
https://www.cambodiadaily.com/news/private-firm-takes-responsibility-work-permits-117428/

FFI Data Literacy Training was a success

On 06th-08th April 2022, in collaboration with Fauna & Flora International (FFI), Open Development Cambodia (ODC) successfully conducted basic Data Literacy Training at Poulo wai Hotel with the financial support of the Blue Action Fund under the project “Strengthening Marine Protected Areas (MPAs), fisheries governance ...

Cambodia's trade with ASEAN hit US$4.16 Billion last year

Cambodia’s trade volume with Asean member states reached US$4.16 billion last year, up 12 percent from US$3.71 billion in 2012, Xinhua news agency reported. In the Commerce Ministry’s report released Wednesday, Cambodia exported products equivalent to US$482 million to the Association of Southeast Asian Nations (Asean) ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1019495

CDC okays two S’ville hotels

The Council for the Development of Cambodia (CDC) last week approved two Chinese-invested hotel projects in Sihanoukville worth $379 million, it said in a Facebook post. The two five-star hotels by Xigang V-Continent International Investment Co Ltd and Hai Gang Grand Hotel Co Ltd have ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-two-sville-hotels

Hundreds pray for release of unionists

Hundreds of workers from the Agile Sweater factory in Kampong Speu province gathered in front of the provincial court yesterday, praying for authorities to release five unionists arrested at the factory on Tuesday. ...

Mech Dara
http://www.phnompenhpost.com/national/hundreds-pray-release-unionists

Deal inked to introduce financial literacy to curriculum

The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include the third phase of Embedding Financial Literacy into the school curriculum to raise awareness and improve student capability in financial management as the economy evolves. ...

Mao Sreypich
https://kiripost.com/stories/deal-inked-to-introduce-financial-literacy-to-curriculum

Signing of the memorandum of understanding (MoU) between the Cambodia National Council for Women and the Bar Association of the Kingdom of Cambodia

On 17 March 2021, the Bar Association of the Kingdom of Cambodia issued a press release on the signing of the memorandum of understanding (MoU) between the Cambodia National Council for Women and the Bar Association of the Kingdom of Cambodia.​ Under this memorandum, the ...

Bar Association of the Kingdom of Cambodia

Download: pdf

NGO: Low voter registration result of political climate

The Committee for Free and Fair Elections in Cambodia yesterday asked the National Election Committee and government to stabilise the current political climate to increase voter registration ahead of next year’s national election. ...

Khuon Narim
http://www.khmertimeskh.com/5085345/ngo-low-voter-registration-result-political-climate/

Traders urged to use riel

In an effort to boost the use of the riel, private companies have called on the National Bank of Cambodia (NBC) to ensure that all goods worth less than $100 are priced in riel. ...

Sok Chan
http://www.khmertimeskh.com/news/36683/traders-urged-to-use-riel/

CNRP begins registration for first opposition TV station

CNRP spokesman Yim Sovann said Monday that a group of people close to the opposition party has applied to register a firm with the government that will operate the television license promised to the CNRP by Prime Minister Hun Sen during the political deadlock. ...

Alex Willemyns
http://www.cambodiadaily.com/news/cnrp-begins-registration-for-first-opposition-tv-station-70396/

Economic co-op deal inked with Philippines

Cambodia and the Philippines have reaffirmed their commitment to boost bilateral trade and increase the volume of investment, to further enhance economic relations between the two ASEAN countries.​ ...

May Kunmakara
https://www.phnompenhpost.com/business/economic-co-op-deal-inked-philippines

Vietnam actively joins cross-border payment connectivity effort

Cambodian media has reported on August 25 that the State Bank of Vietnam (SBV) has signed a Memorandum of Understanding (MoU) on cooperation in regional payment connectivity with the central banks of Indonesia, Malaysia, Philippines, Singapore and Thailand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501349303/vietnam-actively-joins-cross-border-payment-connectivity-effort/

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