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Cambodia promotes digitalisation of economy and society

Digital technology will play an increasingly important role in spurring economic recovery after the COVID-19 crisis as well as promoting a new, sustainable and more resilient economy, President of the Cambodian National Assembly Heng Samrin said at the first plenum of the 42nd General Assembly ...

Khmer Times Staff
https://www.khmertimeskh.com/50922385/cambodia-promotes-digitalisation-of-economy-and-society/

ICT tools to work and communicate from home

The world has been disrupted and traumatized by the Coronavirus crisis. Also known as COVID-19, this global pandemic has affected every industry which made them difficult to cop and conduct their work as normal. The COVID-19 pandemic in Cambodia is also a part of the ongoing worldwide pandemic. ...

FASMEC partners to introduce SME clusters

The Federation of Associations of Small and Medium-size Enterprise of Cambodia (FASMEC) will cooperate with the Thailand-based Mekong Institute to train master teachers in an effort to implement a small and medium enterprise (SME) cluster and export consortia in the coming years, according to officials. The two-day workshop ...

http://www.phnompenhpost.com/index.php/2012080857866/Business/small-and-medium-size-businesses-to-introduce-clusters.html

Gov’t urges sauce makers to increase iron content

Manufacturers of soy and fish sauces should fortify the products with iron in order to improve Cambodians’ health, government officials said yesterday. During a workshop on iron fortification, Sat Samy, secretary of state at the Ministry of Industry and Handicrafts, called on producers to help combat ...

Kang Sothear
http://www.cambodiadaily.com/news/govt-urges-sauce-makers-to-increase-iron-content-67579/

Transport minister backs Siem Reap electric bus study

The Ministry of Public Works and Transport has expressed its support a pre-feasibility study on the use of electric buses in Siem Reap town and province. The case study, which was prepared by the Global Green Growth Institute (GGGI), will be used as model for ...

Van Socheata
https://www.phnompenhpost.com/national/transport-minister-backs-siem-reap-electric-bus-study

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

Major Gap Emerging Between Labor Market and Job Seekers

PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...

http://www.voacambodia.com/content/major-gap-emerging-between-labor-market-and-job-seekers/1557639.html

Korea’s KB Kookmin Bank says completes acquisition of Prasac

South Korea’s KB Kookmin Bank, New York-listed KB Financial Group Inc’s (KB) commercial banking unit, on October 20 announced the completion of the acquisition the remaining 30 per cent interest in Prasac, Cambodia’s largest microfinance institution, as it expands its business into the Kingdom’s financial ...

May Kunmakara
https://www.phnompenhpost.com/business/koreas-kb-kookmin-bank-says-completes-acquisition-prasac

Thai princess technology institute to begin construction

Prime Minister Hun Sen and Princess Maha Chakri Sirindhorn have high expectations for the Kampong Speu Institute of Technology, which was funded by the Thai royal in order to develop human resources in Cambodia. ...

Ven Rathavong
http://www.khmertimeskh.com/news/21782/thai-princess-technology-institute-to-begin-construction/

Prices steady in October

Consumer prices in the Kingdom rose about five per cent year-on-year in October, according to the National Institute of Statistics, though they held steady from September. Declining food and fuel prices, along with an appreciating US dollar, were listed as the main reasons for the stabilisation ...

http://www.phnompenhpost.com/index.php/2011113053042/Business/prices-steady-in-october.html

Nepotism complaint at institute

Sixteen former staff members at the Sihanoukville provincial Multi-Technical Training Institute filed a sweeping complaint against the school’s married directors with the Ministry of Labor over the weekend. ...

Pav Suy
http://www.khmertimeskh.com/news/27480/nepotism-complaint-at-institute/

British institute preparing report on garment factory safety

Britain’s Royal Institute of Chartered Surveyors says it is preparing a report for the Cambodian government on possible steps to reassure garment buyers about factory safety. The report by the Institute, which investigated the Rana Plaza garment factory collapse in Bangladesh last year, will also include ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Y2EyZTc5ODg0YWF

Structure removed from Buddhist Institute land

A temporary structure built on the Buddhist Institute’s land by Na­gaCorp, which added to swirling rumors late last year that the growing casino empire was planning to develop the land and prompted hundreds of monks to march in protest, has been removed. ...

Khuon Narim
https://www.cambodiadaily.com/news/structure-removed-from-buddhist-institute-land-75808/

Losing 104 rural credit agencies ‘may allow growth’ in finance sector

The central bank’s recent revocation of the operating licences of 104 rural credit institutions (RCI) – nearly half – should not have significant ramifications on the Kingdom’s wider financial system, industry insiders and observers have assured. ...

Rann Reuy
https://www.phnompenhpost.com/national/losing-104-rural-credit-agencies-may-allow-growth-finance-sector

Focusing on a good user experience

Companies and individuals need to do more than just create technology. They need to optimise the services and goods they provide, especially when introducing new concepts to developing markets such as Cambodia. That was the message from one presenter at last weekend’s T3CON12-ASIA conference in Phnom ...

http://www.phnompenhpost.com/index.php/2012082258194/Business/user-experience-a-priority-for-tech-market.html

Joint statement by the Association of Banks in Cambodia (ABC), Cambodia Microfinance Association (CMA), and Cambodian Association of Finance and Technology (CAFT) on some crypto-related platforms

On 12 November 2022, the Association of Banks in Cambodia (ABC), Cambodia Microfinance Association (CMA), and Cambodian Association of Finance and Technology (CAFT) issued a joint statement on some crypto-related platforms.All three associations and its members deny this advertisement and confirm no affiliation with PAYEER or ...

Association of Banks in Cambodia (ABC)

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Future of E-Business linked to skills

The future of e-business in Cambodia depends on gaining better skills, a group of students heard yesterday at the University of Puthisastra. In a panel discussion on the future of e-business as part of BarCamp Phnom Penh, T.O. Software president Heng Chamroeun offered advice to the ...

http://www.phnompenhpost.com/index.php/2012092458855/Business/it-knowledge-a-recipe-for-web-success.html

MFI deposits double in 2014

The total amount of savings at Cambodia’s deposit-taking microfinance institutions (MFIs) reached $897 million by the end of 2014, more than doubling from its 2013 base of $445 million, according to figures from the Cambodian Microfinance Association (CMA). Prasac is the largest MFI with deposits ...

Hor Kimsay
http://www.phnompenhpost.com/business/mfi-deposits-double-2014

Fashionistas Plan Extravanganza in Cambodia

2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...

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