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NagaCorp commissions independent report on AML risk

NagaCorp Ltd, the operator of the NagaWorld casino resort (pictured) in Phnom Penh, Cambodia, says it has commissioned “an independent professional party to review the internal controls of the company and its subsidiarieswith a focus on anti-money laundering”. The firm gives the information in its interim ...

GGRAsia News Staff
http://www.ggrasia.com/nagacorp-commissions-independent-report-on-aml-risk/

Hong Kong seeking trade ties

During a visit to Phnom Penh this week, Greg So, Hong Kong’s Secretary for Commerce and Economic Development, reiterated Hong Kong’s desire to be inducted into the ASEAN-China Free Trade Agreement and highlighted Cambodia as a potential beneficiary for foreign direct investment from Hong Kong. In So’s view, economic ...

http://www.phnompenhpost.com/index.php/2012103159498/Business/hong-kong-seeks-trade-ties.html

Cambodia Posts 29 pct Rise In Large-Scale Factories Last Year

The number of large-scale factories in Cambodia has increased by 29 percent to 907 in 2012, Minister of Industry, Mine and Energy Suy Sen said Thursday. Those large-scale enterprises employed 559,600 employees last year, a 38 percent increase from 403,560 a year earlier, he said ...

http://www.asean-china-center.org/english/2013-03/28/c_132269109.htm

A delegation of American Chamber of Commerce in Hong Kong visits Cambodia

A delegation of the American Chamber of Commerce in Hong Kong led by its president Richard R. Vuylsteke has been on a visit to Cambodia to study the investment environment in the country, according to state news agency- AKP.​​ ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/a-delegation-of-american-chamber-of-commerce-in-hong-kong-visits-cambodia-8826

SCB focus on Myanmar, Laos, Cambodia

Siam Commercial Bank will begin expanding its footprint across the region in anticipation of greater business opportunities and competitive pressures with the launch of the Asean Economic Community in 2016. SCB, Thailand’s third-largest bank in terms of assets, operates branches in Laos, Singapore and Hong ...

http://www.bangkokpost.com/business/economics/322667/scb-focus-on-myanmar-laos-cambodia

Locals Pay Almost Double for iPhone Amid High Demand

Cambodian customers eager to buy Apple Inc.’s newest iPhone are paying almost double the company’s asking price in the U.S., phone vendors in Phnom Penh said yesterday. At about a dozen phone shops near Phnom Penh’s Central Market, vendors were doing a steady trade in the ...

AI and e-governance key to access information in digital world

UNESCO and Cambodia Academy of Digital Technology (CADT) are slated to hold talks on Access to Information 2022 on Friday, when panelists will discuss Artificial Intelligence (AI) and e-Governance, which they say can play an important role in improving access to information in the digital ...

Prak Chan Thul
https://kiripost.com/stories/ai-and-e-governance-key-to-access-information-in-digital-world

Bakong digital transactions see remarkable growth

Bakong payment system infrastructure has increased remarkably and has contributed to the use of financial technology and innovations, the National Bank of Cambodia said on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501188708/bakong-digital-transactions-see-remarkable-growth/

Ministry seeking to create national brain trust

Minister of Industry, Science, Technology and Innovation Cham Prasidh wants to create a national brain trust by forming a team of scholars dedicated to sharing knowledge.​ The initiative aims to register human resources in science, Technology and innovation to work in the ministry, universities and ...

Voun Dara
https://www.phnompenhpost.com/national/ministry-seeking-create-national-brain-trust

Cambodia organises first-ever Science, Technology and Innovation Day

The Ministry of Industry, Science, Technology and Innovation is organising the first-ever ‘National Science, Technology and Innovation Day’ to promote the widespread adoption of technologies and further encourage home-grown innovation in the Kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501262730/cambodia-organises-first-ever-science-technology-and-innovation-day/

ACLEDA expanding its digitalisation strategy in 2021

ACLEDA Bank Plc, one of the largest commercial banks in Cambodia, announced that it is boosting and expanding its self-automation post banking services as part of its focus on digitalisation in the Kingdom. ...

Sok Chan
https://www.khmertimeskh.com/50809406/acleda-expanding-its-digitalisation-strategy-in-2021/

New Hong Kong maid deal raises old concerns over abuse

Employment agencies in Hong Kong are already raising doubts about the likely success of a pilot program that could see hundreds of Cambodians start arriving later this year to work as maids, only a day after a deal creating the program was signed, according to ...

Zsombor Peter
https://www.cambodiadaily.com/news/new-hong-kong-maid-deal-raises-old-concerns-over-abuse-128623/

AI making new waves to policymaking challenges

Artificial Intelligence (AI) is capable of creating a new wave of challenges before the policymakers, opined a subject expert, highlighting the need for great caution amid governments, businesses and individuals facing increased cyber security risks. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501348542/ai-making-new-waves-to-policymaking-challenges/

Ministry, JICA cyber-security project to begin in 2023

The Ministry of Posts and Telecommunications and the Japan International Cooperation Agency (JICA) co-signed a memorandum of understanding (MoU) for a project to improve cyber resilience and further strengthen the Kingdom’s cyber-security. ...

Ry Sochan
https://www.phnompenhpost.com/national/ministry-jica-cyber-security-project-begin-2023

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

Ministry starts tech sector digital community

The Ministry of Post and Telecommunications has put the Digital Community of Cambodia (DCC) system into action, bringing together digital technology professionals who have signed up for the system so that they can share professional development opportunities. ...

Ry Sochan
https://www.phnompenhpost.com/national/ministry-starts-tech-sector-digital-community

Opposition questions minister

After being questioned for more than two hours at the National Assembly yesterday, Environment Minister Say Samal claimed the number of forest crimes decreased in 2016, but acknowledged that some government officials were involved in some of the crimes. A recently released report from the University ...

Taing Vida
http://www.khmertimeskh.com/news/33928/opposition-questions-minister/

Ministry allows public universities to reopen with COVID-19 measures​

The Ministry of Education yesterday announced that it has given a green light to public universities all over the country to reopen after months of closure to prevent the outbreak of COVID-19.​   ...

Taing Rinith
https://www.khmertimeskh.com/50772511/ministry-allows-public-universities-to-reopen-with-covid-19-measures/

New govt body to regulate Cambodia’s digital economy

The Royal Government of Cambodia (RGC) has issued a sub-decree to establish the General Department of Digital Economy that will exclusively function under the Ministry of Economy and Finance (MEF) to direct, regulate and develop the digital economy in the country after the Deputy Prime ...

Kang Sothear
https://www.khmertimeskh.com/501314071/new-govt-body-to-regulate-cambodias-digital-economy/?p=1314071

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