Financial Technology takes center stage in Cambodia’s economic growth plan
Cambodia has unveiled its Financial Technology (Fintech) Development Policy 2023-2028, aiming to enhance financial inclusion, maintain financial stability, and promote innovation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501371701/financial-technology-takes-center-stage-in-cambodias-economic-growth-plan/
Collaboration is key to Cambodian education’s pandemic recovery
Collaboration within the education sector is key to fill the huge learning gap created by the pandemic, with a push needed for digital literacy, entrepreneurship skills, and technological readiness, a new roadmap reveals. ...
Bun Tharum
https://kiripost.com/stories/misti-edutech-roadmap-collaboration-is-key-to-cambodia-education-pandemic-recovery
Loan offtake slows, NPLs go up
Growth in the offtake of loans from financial institutions is forecast to be in single digits this year in Cambodia, compared to the 17 percent growth in 2022, according to the Cambodian Financial Sector Report 2023 by Mekong Strategic Capital. ...
Manoj Mathew
https://www.khmertimeskh.com/501350471/loan-offtake-slows-npls-go-up/
Prasac ups paid up capital
One of the Kingdom’s largest microfinance institutions (MFI), Prasac MFI, increased its paid up share capital by $29 million in a bid to increase public confidence and comply with the National Bank of Cambodia’s (NBC) requirements. ...
May Kunmakara
http://www.khmertimeskh.com/news/27959/prasac-ups-paid-up-capital/
US criticises ‘troubling’ steps against press, NGOs
The US State Department has expressed deep concern over Cambodia’s spiralling democratic climate following the government’s diktat to shutter the USAID-funded National Democratic Institute (NDI), ostensibly for violating the highly contentious NGO Law. ...
Ananth Baliga and Mech Dara
http://www.phnompenhpost.com/national/us-criticises-troubling-steps-against-press-ngos
Cambodia, Japan exchange views on Korean Peninsula issue
Cambodian Foreign Minister, Hor Namhong, and visiting Japanese Parliamentary Vice-Minister for Foreign Affairs, Masakazu Hamachi, on Monday in Phnon Penh exchanged views on the Korean Peninsula nuclear issue. កម្ពុជា, ជប៉ុនផ្លាស់ប្តូរទស្សនៈគ្នាលើបញ្ហានៅឧបទ្វីបកូរ៉េ ...
Agency Report
http://leadership.ng/news/510972/cambodia-japan-exchange-views-korean-peninsula-issue
MFI loans, deposits grow in first nine months of this year
Outstanding loans and deposits in Cambodia’s crowded microfinance institution (MFI) sector have seen a sharp rise in the first three quarters of this year. ...
May Kunmakara
https://www.phnompenhpost.com/business/mfi-loans-deposits-grow-first-nine-months-year
Green-growth institute vows support for Kingdom as e-bus, waste tech plans progress
The Global Green Growth Institute (GGGI) has renewed its commitment to support the Cambodian government in the transition towards environmentally friendly, inclusive, sustainable economic growth through the Seoul-based organisation’s ongoing projects as well as green transport and waste management initiatives in its pipeline. ...
Post Staff
https://www.phnompenhpost.com/national/green-growth-institute-vows-support-kingdom-e-bus-waste-tech-plans-progress
Population to grow 22% by 2030: UN
Cambodia’s population is expected to grow by 22 per cent to almost 19 million by 2030, while infant mortality is slated to decrease and life expectancy to increase, according to a UN report released on Wednesday. ...
Sarah Taguiam
http://www.phnompenhpost.com/national/population-grow-22-2030-un
Homing in on the IPO price
From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...
http://www.etmcambodia.com/search.php?s=The+Week+at+the+CSX&submit=Search
European imports of Cambodian bicycles up
Despite concern from the E.U. that Cambodia is being used by Chinese bicycle makers to avoid an anti-dumping duty, the bike industry has maintained strong export growth to Europe, according to the latest data from the European Commission (E.C.). ...
Tej Parikh
https://www.cambodiadaily.com/news/european-imports-of-cambodian-bicycles-up-109352/
Smart moves on tech education
Telecom operator Smart Axiata Co. Ltd. and the Ministry of Posts and Telecommunications yesterday signed a memorandum of understanding that will see Smart donate more than $320,000 to build a facility for students at the National Institute of Post, Telecom & ICT (NIPTICT). ...
Sok Chan
http://www.khmertimeskh.com/news/21597/smart-moves-on-tech-education/
Disgruntled nursing students petition Parliament
About 20 nursing students from the privately run International Science Institute petitioned the National Assembly on Wednesday to demand action against their school, which they claim is unlicensed and providing them with a substandard education. The school opened in 2012 and currently has about 160 students, ...
Sek Odom
https://www.cambodiadaily.com/news/disgruntled-nursing-students-petition-parliament-76907/
ASEAN push to resolve Myanmar crisis
The Association of Southeast Asian Nations (ASEAN) Foreign Ministers have urged Myanmar to create a conducive environment towards peaceful dialogue among all stakeholders for the benefit of its people. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501356269/asean-push-to-resolve-myanmar-crisis/
Plan to cut rabies fatalities by half
The Institut Pasteur du Cambodge and Sipar have launched a five-year action plan in collaboration with the government to reduce the death rate from rabies by 50 percent. ...
Pech Sotheary
http://www.khmertimeskh.com/5083652/plan-cut-rabies-fatalities-half/
Banks, MFIs raise interest rates following Fed move
Many banks and microfinance institutions (MFIs) in Cambodia have increased interest rates for deposits in dollar and riel currency by approximately 0.5 percent and 1 percent per annum respectively but not decreased rates for loans in the last three months, according to senior officials in ...
Kang Sothear
https://www.khmertimeskh.com/501128445/banks-mfis-raise-interest-rates-following-fed-move/
$30B casino, theme park project mooted
MQ Technology Bhd, a Malaysian investment holding company, is looking to form a joint venture with a newly formed entity, Cambodian Resorts and Entertainment Co Ltd, to build a $30 million casino and theme park in Prey Veng province near the Vietnamese border, according to ...
Kali Kotoski
http://www.phnompenhpost.com/business/30b-casino-theme-park-project-mooted
Guidelines finalized for child workers in fisheries sector
The government on Friday finalized guidelines aimed at reducing the number of children who work in the fisheries sector and do not attend school, the Ministry of Agriculture and Fisheries and the NGO World Vision said in a statement. World Vision said the guidelines, which it ...
Denise Hruby
http://www.cambodiadaily.com/news/guidelines-finalized-for-child-workers-in-fisheries-sector-54260/
MRC documents fish species found in Upper Mekong in China
The Mekong River Commission has documented 186 fish species identified by the Kunming Institute of Zoology as being found in the Upper Mekong Basin in China’s Yunnan province. A list of the species with their scientific and common Chinese names as well as their distribution in ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MDJkZjMxNzgzZjB
‘Digital government’ systems being gradually implemented
The Kingdom is steadily implementing “digital government” systems to manage society by using modern computer techniques that require more skilled human resources, Minister of Interior Sar Kheng said on Monday. Speaking during a visit to some 2,000 retired civil servants and military veterans in Battambang ...
Voun Dara
https://www.phnompenhpost.com/national/digital-government-systems-being-gradually-implemented