Metfone helping to build Cambodia’s digital society
Having contributed $844 million to the Cambodian government and pledged to continue investing in the nation’s telecommunications infrastructure, Metfone is championing the kingdom’s digital revolution. ss='cambodia-color'>...
Kiripost staff writers
https://kiripost.com/stories/metfone-helping-to-build-cambodias-digital-society
World Bank finds Cambodia’s increase in financial inclusion among fastest in region
The World Bank says Cambodia has one of the fastest increases in financial inclusion among developing economies in East Asia and the Pacific. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501104946/world-bank-finds-cambodias-increase-in-financial-inclusion-among-fastest-in-region/
Singapore replaces China as Cambodia’s top FDI source
Singapore haS replaced China aS the leading inveSting country in Cambodia in 2021, accounting for Six projectS, or 40 percent of Cambodia&rSquo;S inward FDI, revealed the InveStment Monitor&rSquo;S &lSquo;2022 Inward FDI Performance Index&rSquo;, releaSed recently. SS='cambodia-color'>...
Manoj Mathew
https://www.khmertimeskh.com/501178069/singapore-replaces-china-as-cambodias-top-fdi-source/
Improving Cambodia’s startup investment ecosystem
The Entrepreneurship Development Fund (EDF) held a workshop last Thursday to discuss “preliminary findings and to gather input on challenges and policy for startups and sMEs investment aspects” in Cambodia. ss='cambodia-color'>...
Bun Tharum
https://kiripost.com/stories/improving-cambodia-startup-investment-ecosystem
Cambodia’s poverty rate halved in 2019
Rising non-farm earnings, such as tourism, garment and construction sectors, helped to cut Cambodia’s national poverty to 17.8 percent from 33.8 percent between 2009 and 2019, the World Bank’s latest poverty assessment report for Cambodia stated. ss='cambodia-color'>...
Kiripost staff writers
https://kiripost.com/stories/cambodias-poverty-rate-halved-in-2019
Cambodia’s manufacturing output hits $7.57 billion
Cambodia’s manufacturing output hit $7.57 billion U.s. dollars in the first half of 2022, a remarkable increase of 75 percent year on year, an industry ministry spokesperson said here on Thursday. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501130948/cambodias-manufacturing-output-hits-7-57-billion/
Kingdom looks to join China’s CIPS payment system
The National Bank of Cambodia (NBC) is looking into joining the RMB Cross-border Interbank Payment system (CIPs) to provide additional international payment options; facilitate and boost trade, investment, tourism between the two countries through yuan-denominated transactions; and to make management of the Chinese currency in ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-looks-join-chinas-cips-payment-system
Call for UK to invest in Cambodia’s agriculture sector
Cambodia has called on the UK to consider investing in the processing of agricultural products after noting it is an important market for Cambodia’s agricultural products and manufacturing. ss='cambodia-color'>...
Chhorn Raksmey
https://kiripost.com/stories/call-for-uk-to-invest-in-cambodias-agriculture-sector
Japan aids Kingdom’s digital transformation
The Japan International Cooperation Agency (JICA) has declared its intention to strengthen cooperation with the Ministry of Posts and Telecommunications, in order to contribute to assisting the Kingdom’s digital revolution. ss='cambodia-color'>...
Bor Pich Zelin
https://www.phnompenhpost.com/national/japan-aids-kingdoms-digital-transformation
Chinese-owned Kratie tyre plant gets CDC’s nod
Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/chinese-owned-kratie-tyre-plant-gets-cdcs-nod
Key features of Cambodia’s new Law on Taxation
The new Law on Taxation was promulgated on 16 May 2023 by virtue of Royal Kram No. Ns/RKM/0523/004 (“Law on Taxation”) on an urgent basis and therefore has come into force from 17 May 2023. The Law on Taxation abrogates the old law on taxation ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501296712/key-features-of-cambodias-new-law-on-taxation/
Digital infra remains govt’s top priority
Boosting digital infrastructure remains one of the top priorities of the national government, a senior ranking official within the Ministry of Post and Telecommunications has said. ss='cambodia-color'>...
Sreekanth Ravindran
https://www.khmertimeskh.com/501320178/digital-infra-remains-govts-top-priority/
Disadvantaged youth to benefit from government’s initiative
The government has announced a new project to provide free technical and vocational training to about 1.5 million poor students a year. ss='cambodia-color'>...
Torn Vibol
https://www.khmertimeskh.com/501224581/disadvantaged-youth-to-benefit-from-governments-initiative/
French trade minister’s visit to strengthen bilateral relations
The French trade minister is scheduled to visit Cambodia on Tuesday for a two-day trip to boost bilateral ties as part of Paris’ increasing commitment to the region. ss='cambodia-color'>...
Prak Chan Thul
https://kiripost.com/stories/cambodia-french-trade-ministers-visit-to-strengthen-bilateral-relations
EU’s Sokha resolution ‘a sovereign rights breach’
The National Assembly (NA) said the European Parliament (EP) did not respect the Kingdom’s independence and sovereignty when it passed a resolution strongly critical of the recent conviction and sentencing of former opposition leader Kem sokha for “treason”. ss='cambodia-color'>...
Neang Sokunthea
https://www.phnompenhpost.com/national-politics/eus-sokha-resolution-sovereign-rights-breach
PPSP’s profits decline in Q4 last year, but rise on annual basis
The consolidated net profits after tax of the Royal Group Phnom Penh special Economic Zone (PPsP) of the conglomerate Royal Group of Companies have decreased 95.21 percent to about $0.18 million in the last quarter of 2022 compared to over $3.82 million in the same ss='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501240205/ppsps-profits-decline-in-q4-last-year-but-rise-on-annual-basis/
Cambodia’s agriculture census 2023 to be conducted in April
The Ministry of Planning will conduct the Agriculture Census of Cambodia 2023 throughout the country from April 1 to 30. The information was shared in a meeting here on February 15 chaired by Dr Chhay Than, senior Minister and Minister of Planning, and Chairman of ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501240797/cambodias-agriculture-census-2023-to-be-conducted-in-april/
IMF lauds Cambodia’s fiscal vigor, anti-laundering efforts
The International Monetary Fund’s (IMF) Article IV Consultation team has recognised Cambodia for its robust actions against money laundering and terrorism financing. ss='cambodia-color'>...
Post Staff
https://www.phnompenhpost.com/national/imf-lauds-cambodias-fiscal-vigor-anti-laundering-efforts
Battambang’s Culinary Traditions Gain UNESCO Recognition
Despite not having any Michelin-starred restaurants or fine-dining spaces, Battambang is known for its culinary traditions and reputation for producing the country’s most delicious food. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501398815/battambangs-culinary-traditions-gain-unesco-recognition/
IOM appreciates Cambodia’s promotion of migrants’ rights
The International Organisation for Migration (IOM) appreciates Cambodia’s Ministry of Labour and Vocational Training for promoting and protecting the rights of migrant workers. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501413752/iom-appreciates-cambodias-promotion-of-migrants-rights/