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NBC: E-wallet accounts in Cambodia hit 17.9M in 2022

The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-e-wallet-accounts-cambodia-hit-179m-2022

‘Education, health to get top priority in budget 2023’

Prime Minister Hun Sen said last week that education and health sectors would be given the highest priority in the national budget as the government needs to invest in human development and the protection of human lives, while other sectors such as national defence and ...

Kang Sothear
https://www.khmertimeskh.com/501223917/education-health-to-get-top-priority-in-budget-2023/

Chinese state-owned firm picked for study on Siem Reap expressway

Chinese state-owned China Road and Bridge Corp (CRBC) has been authorised by the Ministry of Public Works and Transport to conduct a formal, more in-depth study on the proposed Phnom Penh-Siem Reap Expressway, as the government seeks to spur transportation and tourism between the two ...

Hin Pisei
https://www.phnompenhpost.com/national/chinese-state-owned-firm-picked-study-siem-reap-expressway

US-ASEAN Business Council pledges more investment in Kingdom

Six major American corporations have committed to attracting US investment in Cambodia’s public infrastructure and transportation sectors to keep pace with the Kingdom’s socio-economic growth. The promise was made during a February 27 working meeting between a delegation from the US-ASEAN Business Council (US-ABC) and Minister ...

Sem Pisey
https://www.phnompenhpost.com/business/us-asean-business-council-pledges-more-investment-kingdom

No issues with Bassac-Kampot seaport project: study

The feasibility study of a navigation and logistics project to link the Bassac River in Phnom Penh to a “seaport” in the Kampot-Kep region shows that there are no technical, environmental or legal issues, according to the transport ministry. ...

Van Socheata
https://www.phnompenhpost.com/business/no-issues-bassac-kampot-seaport-project-study

‘CPP vow to strengthen national solidarity, will ensure peace’: Samrin

National Assembly President Heng Samrin, in his capacity as honorary president of the ruling Cambodian People’s Party (CPP), said his party remains dedicated to enhancing national unity, disregarding political affiliation, gender, religion, ethnicity, or social status.​ ...

Tith Reanu Pichet
https://www.phnompenhpost.com/national/cpp-vow-strengthen-national-solidarity-will-ensure-peace-samrin

Preah Sihanouk land encroachers remove shacks, sign contracts

The Preah Sihanouk provincial authorities detained a group for allegedly encroaching on state land in Chamnot Ream village of Prey Nop district’s Bit Traing commune and dismantled the 18 huts they had built there. ...

Orm Bunthoeurn and Bor Pich Zelin
https://www.phnompenhpost.com/national/preah-sihanouk-land-encroachers-remove-shacks-sign-contracts

Cambodia’s policy toward China remains unchanged, says PM

In the new mandated government, Cambodia’s policy toward China remains unchanged, based on the spirit of traditional friendship, mutual trust and win-win cooperation. ...

Chea Vanyuth
https://www.khmertimeskh.com/501332389/cambodias-policy-toward-china-remains-unchanged-says-pm/

Empowering Communities, A Transformative Force in Cambodia’s HIV Response

December 1 is the 35th anniversary of World AIDS Day, an opportunity to reflect on Cambodia’s dramatic progress in addressing HIV/AIDS, particularly over the past decade, and recognize the work that remains to end the disease as a public health threat. ...

Khmer Times Staff
https://www.khmertimeskh.com/501399952/empowering-communities-a-transformative-force-in-cambodias-hiv-response/

China to hold military drills with SE Asian countries amid tensions in South China Sea

 China will hold a joint military exercise with five Southeast Asian countries this month, with experts saying on Sunday that the move is conducive to the safeguarding of regional peace and stability amid repeated provocations by the Philippines over Chinese islands and reefs in the ...

Khmer Times Staff
https://www.khmertimeskh.com/501391313/china-to-hold-military-drills-with-se-asian-countries-amid-tensions-in-south-china-sea/

Korea FDI in Kingdom reaches $5 billion, says Prime Minister

Prime Minister Hun Manet yesterday said that the bilateral trade volume between the Republic of Korea and Cambodia reached approximately $751 million while Korea’s foreign direct investment (FDI) in the Kingdom recorded $30 million last year, taking the total FDI from the country to $5 ...

Nhean Chamrong
https://www.khmertimeskh.com/501489820/korea-fdi-in-kingdom-reaches-5-billion-says-prime-minister/

Kompong Cham Factory Reopens at Partial Capacity

About 1,000 workers returned to work at Kompong Cham province’s Manhattan Quing Dao Textile Corp yesterday after last week’s four-day protest, factory representatives said. Chan Seiha, the factory’s administration chief, said that the remaining 1,000 workers were not at work yesterday because the factory currently ...

PPWSA stock offering slated to outperform

The Kingdom’s first initial public offering is fast approaching, and demand is expected to be robust. Book-building, the process during which bids for the IPO are taken and a price is set for shares, ended yesterday. The final offering price is expected before the subscription for ...

http://www.phnompenhpost.com/index.php/2012031455011/Business/ppwsa-stock-offering-slated-to-outperform.html

IMF’s Cambodia outlook upbeat

Tokyo: The International Monetary Fund has upgraded its outlook on Cambodian GDP growth in 2011 from 6.5 per cent to 6.7 per cent just days after government officials announced a full percentage-point reduction in economic expectations. stabilisation in the real estate sector, as well as strong increases ...

http://www.phnompenhpost.com/index.php/2011101752154/Business/imfs-cambodia-outlook-upbeat.html

US Agents Poised to Seize Khmer Statue

Government officials and a representative at Unesco in Phnom Penh yesterday said that Sotheby’s in New York had no right to a 10th-century Khmer statue worth more than $2 million that US federal agents were expected to seize from the auction house today. On Wednesday, New ...

Strike at seafood giant

About 800 Cambodian workers in Thailand went on strike yesterday against a major global seafood exporter they accuse of exploiting them. The factory, which has been identified by workers and rights groups as Phatthana Seafood Co Ltd in Thailand’s Songkhla province, allegedly scrapped a 20 baht ...

http://www.phnompenhpost.com/index.php/2012040955512/National-news/strike-at-seafood-giant.html

Ride-hailing firm eyes Cambodia

Aiming to disrupt the thriving local ride-hailing market with a new business model, Belarus-based Onde recently announced its intention to enter Cambodia.​ In an interview with Khmer Times, a representative of the startup said they provide the software entrepreneurs need to run their own taxi ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50658936/ride-hailing-firm-eyes-cambodia/

Little action taken on Pailin cassava producers' pollution

Almost a year after cassava producers in Pailin were fingered as the source of pollution in a local water source, little has been done to address the problem, commune officials said yesterday, while affected villagers are being forced to buy bottled water to avoid getting ...

Morn Vanntey
http://www.phnompenhpost.com/national/little-action-taken-pailin-cassava-producers-pollution

China Unicom enters Cambodia

China Unicom, the country’s largest telecoms operator, has expanded into Cambodia to build optical telecommunication pathways in the Kingdom as part of the Belt and Road Initiative (BRI). The Hong Kong-listed company officially opened its China Unicom (Cambodia) subsidiary on Monday to become the latest industry ...

May Kunmakara
https://www.phnompenhpost.com/business/china-unicom-enters-cambodia

Cycling campaign for Prey Preah Roka starts

Some 10 environmental activists launched the Riding a Bicycle for Prey Preah Roka campaign from November 29 to December 2.​​ They will ride across 300km from Phnom Penh to Preah Vihear province to promote natural resource protection and conservation amid threats of deforestation in the forestry ...

Voun Dara
https://www.phnompenhpost.com/national/cycling-campaign-prey-preah-roka-starts

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