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Cambodian PM presides over 2021 Interfaith Forum against human trafficking and COVID-19 pandemic

Hun Sen, Prime Minister of the Kingdom of Cambodia, presided over the 2021 Cambodia National Interfaith Forum Against Human Trafficking and COVID-19 Pandemic held via Videoconference. ...

Sen David
https://www.khmertimeskh.com/50920574/cambodian-pm-presides-over-2021-interfaith-forum-against-human-trafficking-and-covid-19-pandemic/

Nearly 30,000 firms with $8.6B capital register on OBRS

Some 29,311 companies with a total capital of $8.6 billion have successfully registered their businesses through the Online Business Registration System (OBRS) via IT Platform phase 1, compared to $5.8 billion capital and 20,693 firms on January 2, 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/nearly-30000-firms-86b-capital-register-obrs

Nearly 30,000 firms with $8.6B capital register on OBRS

Some 29,311 companies with a total capital of $8.6 billion have successfully registered their businesses through the Online Business Registration System (OBRS) via IT Platform phase 1, compared to $5.8 billion capital and 20,693 firms on January 2, 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/nearly-30000-firms-86b-capital-register-obrs

Bassac-Kampot waterway study to be completed soon

Goods transportation via the Tonle Bassac river to Kampot province’s seaport will boost Cambodia’s inland waterway transport sector on the international stage and bring greater benefits to the national economy as a feasibility study on the project will be soon completed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501249576/bassac-kampot-waterway-study-to-be-completed-soon/

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 of Economy to raise $6.8M through sovereign bond issuance

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-to-issue-bonds-worth-28b-for-progress

Digital system boosts business registrations

Over 31,000 businesses, boasting a combined capital exceeding $8.9 billion, have successfully completed their registration through the Online Business Registration System (OBRS) via its IT Platform phase 1. ...

Hin Pisei
https://www.phnompenhpost.com/business/digital-system-boosts-business-registrations

Emirates to resume daily Phnom Penh service in May

Emirates airline will restart its daily service to Phnom Penh starting from May 1 via Singapore, boosting the airline’s Southeast Asian connectivity to and from Dubai, and linking two trade and leisure centres in the region. ...

Chea Vanyuth
https://www.khmertimeskh.com/501448533/emirates-to-resume-daily-phnom-penh-service-in-may/

Gunslinger Tycoons

PM Hun Sen’s September 20 cri de couer beseeching powerful officials and their friends and families to not fire or wield their weapons in restaurants and other public places, especially those haunts frequented by foreigners, threatens to spoil the sport most enjoyed by the Kingdom’s well-heeled elite. ...

http://www.phnompenhpost.com/7days/1849-gunslinger-tycoons

Riel trust needed for stability

As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...

Eddie Morton
http://www.phnompenhpost.com/business/riel-trust-needed-stability

France maintains $100M pledge for Cambodia

The French government through the French Development Agency or Agence Française De Développement (AFD) has maintained its annual financing commitment at about $100 million as a concessional loan for Cambodia to Develop and recover the country’s post-Covid-19 economy in line with its national Development strategy ...

Kang Sothear
https://www.khmertimeskh.com/501155615/france-maintains-100m-pledge-for-cambodia/

Ministry riled over refugee deal money

Australia has so far disbursed more than $3.5 million in aid to Cambodia as part of the agreement for its unwanted refugees to be resettled here, but the Interior Ministry’s spokesman is livid that the money has come into the country via development agencies rather ...

Matt Blomberg
https://www.cambodiadaily.com/news/ministry-riled-over-refugee-deal-money-102756/

Laos, Cambodia set for more listings

Private companies and state enterprises are expected to raise large amounts of funds via the stock exchanges in Thailand, Laos and Cambodia over the next several years. More private firms will list on the Cambodian and Laotian bourses next year, their executives told media yesterday at ...

http://www.nationmultimedia.com/business/Laos-Cambodia-set-for-more-listings-30189439.html

Poll Shows Cambodia Ranks High in ‘Global Suffering’

Cambodia ranked third worst in “global suffering” last year—behind Bulgaria and Armenia—a significant increase from 2011, when it ranked 14th worst, ac-cording to the worldwide polling group Gallup. A poll released last week on Gallup’s website says 34 percent of Cambodian respondents rated their lives as ...

Joshua Wilwohl
http://www.cambodiadaily.com/news/poll-shows-cambodia-ranks-high-in-global-suffering-49070/

Smartphone software to help rice farmers

An international agriculture NGO is preparing to roll out a nationwide project in partnership with computer-chip maker Intel whereby more than 25,000 farmers will be able to receive real-time advice on farming methods via a smartphone app. The International Fund for Agricultural development (IFAD) piloted the ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/smartphone-software-to-help-rice-farmers-67162/

Foreign citizens told to schedule commercial flights home

Two embassies are urging foreign nationals to leave the Kingdom via commercial flights amid COVID-19 fears, prompting Australians and others grounded here to express frustration against their government on social media. ...

Khuon Narim
https://www.khmertimeskh.com/50708189/foreign-citizens-told-to-schedule-commercial-flights-home/

City bus, water taxi services shut down to prevent spread of coronavirus

The Phnom Penh Municipal Administration today temporarily closed public city bus and water-taxi service linking the northern part of Phnom Penh to Takhmao city in Kandal province via the Mekong River amid the COVID-19 outbreak. ...

Ben Sokhean
https://www.khmertimeskh.com/50706134/city-bus-water-taxi-services-shut-down-to-prevent-spread-of-coronavirus/

CSX developing app for securities trading

A new online trading platform is being developed to spur interest in Cambodia’s sleepy stock market by allowing traders to access the exchange remotely via software compatible with smartphones, a bourse spokesman said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/csx-developing-app-securities-trading

$2.4B in new investments for H1

The Council for the Development of Cambodia (CDC) approved 70 projects with a total capital investment of $2.428 billion in the first half of this year. This is according to calculations by The Post based on CDC statements issued via social media throughout the January-June ...

Thou Vireak
https://phnompenhpost.com/business/24b-new-investments-h1

His Excellency PRAK Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, participated in the ASEAN Foreign Ministers’ Meeting

On 15 October 2021, the Ministry of Foreign Affairs and International Cooperation, issued a press release on His Excellency PRAK Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, participated in the ASEAN Foreign Ministers’ Meeting, which was ...

Ministry of Foreign Affairs and International Cooperation

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