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Cambodia’s National Bank says banking system plays active role in continuing to support economic recovery

The National Bank of Cambodia (NBC) said the banking system has played an active role in continuing to support the economic recovery by continuing to provide appropriate financial services to meet economic needs. ...

Khmer Times Staff
https://www.khmertimeskh.com/501218507/cambodias-national-bank-says-banking-system-plays-active-role-in-continuing-to-support-economic-recovery/

NBC receives 306 financial complaints last year

The National Bank of Cambodia (NBC) received 306 cases of complaints and enquiries from consumers of services provided by banks and financial institutions through its hotline numbers in 26 cities and provinces in 2022. ...

Kang Sothear
https://www.khmertimeskh.com/501225198/nbc-receives-306-financial-complaints-last-year/

Nationwide tech centres to boost digital learning

The Ministry of Post and Telecommunications has entered into a memorandum of understanding (MoU) with the Ministry of Education, Youth and Sport to set up community technology centres in state high schools nationwide, aiming to further advance digital education. ...

Chea Sokny
https://www.phnompenhpost.com/national/nationwide-tech-centres-boost-digital-learning

Cambodia operates 494 flights a week

Cambodia received and operated 494 flights per week at its three airports in the first three months of this year, according to the preliminary data from the State Secretariat of Civil Aviation (SSCA)—Cambodia’s regulatory and development agency for civil aviation activity and infrastructure. ...

Kang Sothear
https://www.khmertimeskh.com/501271800/cambodia-operates-494-flights-a-week/

Press release – prakas on credit risk for capital adequacy ratios in deposit-taking banks and financial institutions of national bank of cambodia

On 03 July 2023, the Credit Guarantee Corporation of Cambodia has posted a press release on prakas on credit risk for capital adequacy ratios in deposit-taking banks and financial institutions of national bank of cambodia on their official website.According to the press release, the purpose ...

Credit Guarantee Corporation of Cambodia

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PM suggests ERA students take responsibility for self-discipline

Prime Minister Hun Manet has reiterated that the Royal School of Administration (ERA), a training school for civil servants and public service officials, must have high standards of discipline, but that its implementation should not need to be strict. ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-suggests-era-students-take-responsibility-for-self-discipline

Warning for illegal MFIs

The governor of the National Bank of Cambodia hit out at unlicensed microfinance institutions or lenders, who he said were the reason why interest rates in the sector were high, despite interest rates falling among registered lenders. ...

May Kunmakara
http://www.phnompenhpost.com/business/warning-illegal-mfis

Disaster agency stockpiling rice and seeds for flood prep

National Committee for Disaster Management spokesman Keo Vy said on Wednesday that the government had stockpiled 12,000 tonnes of rice and crop seeds to support Cambodians in rural areas facing natural disasters such as droughts and floods. Vy said natural disasters are notably caused by ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/disaster-agency-stockpiling-rice-and-seeds-flood-prep

Kingdom needs to support women and girls, minister says

Women’s Affairs Minister Dr. Ung Kanthaphavy addressed multiple points regarding the achievement of gender equality and empowerment of women and girls in the Kingdom during a two-day meeting reviewing the ministry’s work in 2015 and planning its goals for 2016 yesterday.​ ...

Mom Kunthear
http://www.khmertimeskh.com/news/23353/kingdom-needs-to-support-women-and-girls--minister-says/

Kingdom-Japan trade groups to step up cooperation

he Cambodia Chamber of Commerce (CCC) and Japan External Trade Organisation (Jetro) in Cambodia have agreed in-principle to examine the possibility of signing a memorandum of understanding (MoU) in the near future, to strengthen and deepen cooperation on investment and trade between the two nations. ...

Nov Sivutha
https://www.phnompenhpost.com/business/kingdom-japan-trade-groups-step-cooperation

Foreign investments up $45.8b in Q1’23 - NBC

Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-nbc-foreign-investments-up

Ministry highlights drop in strikes and demonstrations

The Labour Ministry has reported a sharp drop in the number of strikes and demonstrations involving garment workers last year. The ministry released its annual report on Tuesday and stated that garment workers went on strike 47 times in 2018, a 51.5 percent drop when ...

Sen David
https://www.khmertimeskh.com/50584631/ministry-highlights-drop-in-strikes-and-demonstrations/

Departments of Forestry and Fisheries to decentralize

The Ministry of Agriculture’s departments of Forestry and Fisheries will be placed under the control of the provincial agricultural administrations, according to an official letter released by Agricultural Minister Ouk Rabun on Monday. The move is part of an effort to decentralize government responsibilities and ...

Ven Rathavong
http://www.khmertimeskh.com/news/21232/departments-of-forestry-and-fisheries-to-decentralize/

New solar and wind power project unveiled

Officials from the Ministry Of Mines and Energy have announced a new project that will provide a boost to the local renewable energy sector by electrifying three key provinces with the use Of small-scale solar and wind power devices. ...

Chea Vannak
http://www.khmertimeskh.com/5098012/new-solar-wind-power-project-unveiled/

Court draws more into Sabrina case

Eight people allegedly involved in a worker demonstration that devolved into a violent clash with authorities at a Kampong Speu-based Nike supplier have been summonsed to court. Another eight arrested at the scene already await trial. The clash resulted in significant property damage and left ...

http://www.phnompenhpost.com/national/court-draws-more-sabrina-case

Latest garment export figures show growth

Garment and footwear exports earned $3.92 billion over the first eight months of 2014, up more than 7 percent year-on-year, according to new figures from the Ministry of Commerce. The latest numbers show a slowdown after year-on-year earnings for the first six months of the year ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/business/latest-garment-export-figures-show-growth-69546/

Japan and Cambodia vow to improve judicial system

At a meeting at the Ministry of Justice on Tuesday, Minister Koeut Rith and Japanese Ambassador to Cambodia Masahiro Mikami agreed to work together to develop human resources in Cambodia and strengthen the country’s judicial system, said the ministry. ...

Ry Sochan
https://www.phnompenhpost.com/national/japan-and-cambodia-vow-improve-judicial-system

Central bank allays dollar concerns

The National Bank of Cambodia responded to rumours yesterday that local banks were no longer accepting US dollar banknotes with minor imperfections, such as small tears, creases or ink stamps, stating that the central bank had not changed its policies. ...

Hor Kimsay
http://www.phnompenhpost.com/business/central-bank-allays-dollar-concerns

Sex-ed site reaching thousands, NGO says

A lack of knowledge about sex is posing a risk to the health and education of adolescents, according to the Ministry of Education, which has created an online program to help better inform and equip the young people who make up 60 per cent of ...

Sen David
http://www.phnompenhpost.com/national/sex-ed-site-reaching-thousands-ngo-says

Digital economy department established

The government issued a June 22 sub-decree which established the General Department of Digital Economy under the Ministry of Economy and Finance, with the aim to ensure the effectiveness and efficiency of the Kingdom’s digital management and development. ...

Sok Raksa
https://www.phnompenhpost.com/business/digital-economy-department-established

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