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China commits to donate 20 million doses of COVID-19 vaccines to Cambodia

Chinese President Xi Jinping has announced that China will provide 20 more million doses of COVID-19 vaccines for Cambodia, according to Kao Kim Hourn, Minister Attached to the Prime Minister. ...

Khmer Times Staff
https://www.khmertimeskh.com/501044116/china-commits-to-donate-20-million-doses-of-covid-19-vaccines-to-cambodia/

Microfinance sector grows at 20% by end of 2022

Cambodia’s microfinance sector recorded over 20 percent growth both in terms of loans and deposits by the end of 2022 compared to the same period in 2021, despite the Covid-19 pandemic and the war in Ukraine, according to the Cambodia Microfinance Association (CMA). ...

Sok Sithika
https://www.khmertimeskh.com/501209879/microfinance-sector-grows-at-20-by-end-of-2022/

Cellcard eyes $20M IPO after CSX’s green light

Prominent telecoms operator CAMGSM Plc, a subsidiary of locally-owned conglomerate Royal Group of Companies Ltd that trades as Cellcard, plans to raise about $20 million through an initial public offering (IPO) on the Cambodia Securities Exchange (CSX), expected in May. ...

May Kunmakara
https://www.phnompenhpost.com/business/cellcard-eyes-20m-ipo-after-csxs-green-light

ASX chief steps down amid probe into payment

The chief executive of the Australian Securities Exchange (ASX) resigned his post on Monday in the wake of an investigation into a possible $200,000 bribe paid by a gaming firm he previously headed to a consultancy with connections to a sister of Prime Minister Hun ...

Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/asx-chief-steps-down-amid-probe-into-payment-110230/

Wing plans for more growth

Wing Specialised Bank is trying to stay ahead of the game in the money transfer and mobile payment sector by forging new partnerships. The Post’s Ayanna Runcie sat down with Wing’s recently appointed CEO Jojo Malolos to discuss his plan for the company’s future. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/wing-plans-more-growth

Expansion approved for Bokor National Park

New resorts, restaurants and casinos could be coming to Bokor National Park after environment officials endorsed an “improved” plan for the mountain along with oknha Sok Kong’s hotel company, according to the government’s news agency. ...

Daphne Chen
http://www.phnompenhpost.com/national/expansion-approved-bokor-national-park

Cambodia’s tourism anchored to Angkor

More than 90% of tourists visiting Cambodia will end up at Siem Reap’s world heritage site Angkor Wat, despite efforts to open other areas of the country to tourism. Officials attending the Asean Tourism Forum admitted that efforts to convince tour operators to include trips to ...

TTR Weekly News Staff
http://www.ttrweekly.com/site/2014/01/cambodias-tourism-anchored-to-angkor/

Union leader Morm Rithy convicted for criticizing Chinese-owned Jin Bei Casino two years ago

Union leader Morm Rithy was arrested after being convicted on charges of incitement to commit a crime following a lawsuit by Chinese-owned Jin Bei Group and has been sent to Prey Sar prison where he will serve an 18-month sentence. ...

Khuon Narim and Ly Rosslan
https://cambojanews.com/union-leader-morm-rithy-convicted-for-criticizing-chinese-owned-jin-bei-casino-two-years-ago/

City to have mass transit system in place by 2023

Cambodia will have an automated gateway transit system (AGT) ahead of 2023 – when the country is due to host the Southeast Asian Games – with the Japan International Cooperation Agency (JICA) on track to complete the feasibility study by May next year, according to ...

May Kunmakara
http://www.khmertimeskh.com/5090885/city-mass-transit-system-place-2023/

Families shift from traditional to organic farming methods

The SAC, an investment initiative by the Japanese government, enables farmers in the province to enhance the quality of their yield and sell their crops to high-end buyers, including casinos and upscale restaurants in Bavet city and Phnom Penh.203; ...

Pav Suy
https://www.khmertimeskh.com/50518904/families-shift-from-traditional-to-organic-farming-methods/

Prime minister warns ‘bad officials’ over building violations

Days after City Hall ordered NagaWorld casino to halt its expansion because it was damaging Phnom Penh’s beauty, Prime Minister Hun Sen on Sunday warned “bad officials” to stop allowing construction projects to damage the country’s aesthetic allure. ...

Kang Sothear
https://www.cambodiadaily.com/news/prime-minister-warns-bad-officials-over-building-violations-99703/

Nagaworld expansion suspended

The controversial expansion of NagaWorld casino in Phnom Penh has been temporarily halted after an inspection of the construction site led Prime Minister Hun Sen to judge that it was interfering with the city’s beauty, according to City Hall. ...

Sek Odom
https://www.cambodiadaily.com/news/nagaworld-expansion-suspended-99673/

SERC, CSX launch online trading account opening

Securities and Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX) signed an agreement yesterday introducing the API (Application programming interface) linkage for registering investor ID online and opening trading accounts online. ...

Chea Vanyuth
https://www.khmertimeskh.com/501381930/serc-csx-launch-online-trading-account-opening/

Kantha Bopha treats 20K children in July

The Kantha Bopha Foundation received over $70,000 in July from donors while more than 20,000 children were given outpatient care or admitted for treatment at its five pediatric hospitals in Cambodia. ...

Ry Sochan
https://www.phnompenhpost.com/national/kantha-bopha-treats-20k-children-july

20 more certified nat’l standards to be adopted

The Ministry of Industry, Science, Technology and Innovation’s National Standards Council (NSC) has approved 20 more certified international standards to be adopted nationally. ...

Thou Vireak
https://www.phnompenhpost.com/business/20-more-certified-natl-standards-be-adopted

Ten new factory approvals means ‘over 20K’ more jobs

The Council for the Development of Cambodia (CDC) notices issued in January reveal that it has greenlit 10 new projects worth nearly $100 million, all in the manufacturing industry: eight involved in textiles and two in light bulbs. ...

Hin Pisei
https://www.phnompenhpost.com/business/ten-new-factory-approvals-means-over-20k-more-jobs

Credit cards in Cambodia grow 20 percent in 2023

Credit cards in Cambodia have grown 20 percent in 2023, showing that customers have become more savvy in using new financial instruments. ...

Rachel David
https://www.khmertimeskh.com/501539693/credit-cards-in-cambodia-grow-20-percent-in-2023/

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/

Ten Indonesians return home after ambassador’s intervention

Following the intervention of Indonesia’s ambassador to Cambodia last week, 10 Indonesian nationals left the country Sunday after being released by police in Kandal province, where they were being held over a $161,000 theft at a local casino, an embassy official said. ...

Chris Mueller and Mech Dara
https://www.cambodiadaily.com/news/ten-indonesians-return-home-after-ambassadors-intervention-84673/

Sihanoukville police raid home of wanted Russian

Police in Sihanoukville on Tuesday raided the rented house of a Russian businessman who is wanted by local authorities for ordering a violent attack at the Queenco casino in February, but came up empty- handed, an official said. ...

Ouch Sony
https://www.cambodiadaily.com/news/sihanoukville-police-raid-home-of-wanted-russian-81617/

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