CDC gives nod to 16 projects worth $700M last month
The Council for the Development of Cambodia (CDC) approved 16 capital investment projects last month totalling more than $700 million that are expected to create 11,414 local jobs. ...
May Kunmakara
https://www.phnompenhpost.com/business/cdc-gives-nod-16-projects-worth-700m-last-month
Telecoms association launched
The Association of Telecommunication Operators in Cambodia (ATOC) was officially launched on March 25 in a move to build a united voice in dealing with relevant stakeholders and the Royal Government of Cambodia for the development of the telecommunications industry. ...
May Kunmakara
https://www.phnompenhpost.com/business/telecoms-association-launched
Gov’t revenue exceeds $1.6bn in first quarter
The Cambodian government earned some $1.6 billion in revenue in the first quarter of 2021 from tax and customs. This represents close to a 25 percent increase compared with revenue achieved during the same period in 2020. ...
Chea Vanyuth
https://www.khmertimeskh.com/50837481/govt-revenue-exceeds-1-6bn-in-first-quarter/
Additional statement: An updated version of banking and financial institutions intervention measures for clients affected by COVID-19
On 12 April 2021, the Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) issued an additional statement on the updated version of banking and financial institutions intervention measures to further support and favor clients who are affected by COVID-19. ...
Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA)
A $ 2.3 million cardboard factory project brings January 2021 investments to $24.5 million
The Council for the Development of Cambodia (CDC) has approved a $2.3 million cardboard factory project to be built in Khan Kambol of Phnom Penh. The CDC shared the update in a press release yesterday, adding that the project will create 214 jobs for the ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50806645/a-2-3-million-cardboard-factory-project-brings-january-2021-investments-to-24-5-million/
A $3.1 million garment factory project in Takeo province to create more than 700 jobs
A $3.1 million garment factory will be built in Bati district of Takeo province, creating 702 jobs for the locals. The update was shared in a press release from the Council for the Development of Cambodia (CDC) yesterday following its approval of the investment project. ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50807925/a-3-1-million-garment-factory-project-in-takeo-province-to-create-more-than-700-jobs/
ABC: No shortage in capital for lending
CAMBODIA’s financial sector will not face a shortage of cash to lend to local enterprises and accelerate business anytime soon, according to Association of Banks in Cambodia (ABC) president In Channy. ...
May Kunmakara
https://www.phnompenhpost.com/business/abc-no-shortage-capital-lending
CDC okays 11 projects in January
The Council for the Development of Cambodia (CDC) in the first month of this year approved 11 investment projects worth over $43 million and that are expected to generate 7,854 jobs, it said via social media. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-11-projects-january
CDC approved 238 investment projects worth $8.2B last year
The Council for the Development of Cambodia (CDC) approved 238 investment projects worth a total of $8.2 billion last year, down 12 per cent from 2019, according to a CDC press statement. ...
Thou Vireak
https://www.phnompenhpost.com/business/cdc-approved-238-investment-projects-worth-82b-last-year
CDC okays 144 Japan projects worth $2.79B since ‘94 debut
The Council for the Development of Cambodia (CDC) has approved a cumulative 144 Japanese investment projects worth $2.79 billion since its inception in 1994, 66 of which are in special economic zones (SEZ) with $340 million in capital investment, it said in a press release. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-144-japan-projects-worth-279b-94-debut
Cambodia to make auto-rickshaws
Locally-assembled electric auto-rickshaws could hit the Cambodian market as soon as early in May after the Council for the Development of Cambodia (CDC) gave the greenlight to an investment project at the weekend. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-make-auto-rickshaws
ABC, CMA set out six debt relief measures
The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) on April 7 ordered members to adopt six measures of financial relief in light of the economic fallout and depressed incomes caused by the February 20 community transmission of Covid-19. ...
May Kunmakara
https://www.phnompenhpost.com/business/abc-cma-set-out-six-debt-relief-measures
Bank, MFIs operations go on despite lockdown
The Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) on April 23 informed the public that business operations in the industry are continuing as normal nationwide although some areas in the provinces and capital have been placed in lockdown to curb ...
May Kunmakara
https://www.phnompenhpost.com/business/bank-mfis-operations-go-despite-lockdown
Announcement: Normal operation of banking and microfinance services in the Kingdom of Cambodia
On 23 April 2021, the Association of Banks in Cambodia released an announcement on the normal operation of banking and microfinance services in the Kingdom of Cambodia. Some microfinances and banking agents in the lockdown areas are also in the operation of providing financial services ...
Association of Banks in Cambodia
Indian Embassy in Cambodia marks 75th Independence Day of India
The Embassy of India in Cambodia Sunday morning celebrated the 75th Independence Day of India, under the presidency of Ambassador Dr. Deyvani Uttam Khobragade. ...
Khmer Times Staff
https://www.khmertimeskh.com/50916314/indian-embassy-in-cambodia-marks-75th-independence-day-of-india/
Gov’t donates Covid aid to Vietnam
The government has provided medical equipment and financial aid to neighboring Vietnam to help curb the spread of Covid-19, which is currently running rampant there. ...
Mom Kunthear
https://www.phnompenhpost.com/national/govt-donates-covid-aid-vietnam
Dual citizenship ban for top office holders on way to King
The Constitutional Council of Cambodia (CCC) will seek a consultation with King Norodom Sihamoni on amendments to several articles of the Constitution which would mandate that the Kingdom’s top national leadership positions be filled by people solely in possession of Cambodian citizenship. ...
Voun Dara
https://www.phnompenhpost.com/national/dual-citizenship-ban-top-office-holders-way-king
Non-SEZ projects slide by nearly 30%
Seventy-five private investment projects outside of special economic zones (SEZ) were approved by the Council for the Development of Cambodia (CDC) in the first eight months of 2021, down by nearly 30 per cent year-on-year, the Ministry of Economy and Finance reported. ...
Hin Pisei
https://www.phnompenhpost.com/business/non-sez-projects-slide-nearly-30
Battambang university to host national library branch on campus
A large national library on the campus of the National University of Battambang (NUBB) in Battambang province will be inaugurated next month to let students conduct more research on subjects and technical skills in areas such as agriculture and technology. ...
Nov Sivutha
https://www.phnompenhpost.com/national/battambang-university-host-national-library-branch-campus
GDI prepares for arrival of Afghan refugees
The General Department of Immigration (GDI) on Monday had a meeting to discuss the procedure for the upcoming arrival of 300 Afghan refugees in Cambodia. ...
Yin Soeum
https://www.khmertimeskh.com/50926965/gdi-prepares-for-arrival-of-afghan-refugees/