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Digital roadmap to an innovation-driven economy

The government has demonstrated remarkable dedication and commitment to achieving its goals of turning the country into an upper-middle-income economy by 2030 and a high-income economy by 2050. ...

Ben Sokhean
https://www.khmertimeskh.com/501336041/digital-roadmap-to-an-innovation-driven-economy/

Ten commandments: Gov’t lays out food standards

Makers of food- and beverage-related products are for the first time facing mandatory health regulations, with the unveiling of 10 national standards by the Ministry of Industry and Handicraft. The announcement comes after the National Standard Council, a government-run committee, finally approved the standards in May ...

Chan Muyhong
http://www.phnompenhpost.com/business/ten-commandments-gov%E2%80%99t-lays-out-food-standards

Job site seeks to curb dangerous migration

The NGO Open Institute has launched a new online service that aims to help Cambodian unskilled labourers find jobs within the country as part of an effort to discourage worker migration in hopes of reducing human trafficking. ...

Andrew Nachemson
http://www.phnompenhpost.com/national/job-site-seeks-curb-dangerous-migration

WHO tests new malaria therapy

High failure rates of the frontline medication to treat malaria in Southern Vietnam have revived concerns that parasites resistant to multiple drugs, first observed in Cambodia’s Pailin province, may be spreading. Meanwhile, experts in the Kingdom are currently testing alternative treatment options to stay ahead ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/who-tests-new-malaria-therapy

Finance minister asking Booyoung Group of S Korea for fintech boost

The finance minister has asked South Korea’s Booyoung Group to invest more in the Cambodian financial-technology (fintech) market, which has seen remarkable growth during Covid-19, as the company’s chairman revealed preliminary plans for a university in the Kingdom focused on fintech and taxation. ...

May Kunmakara
https://www.phnompenhpost.com/business/finance-minister-asking-booyoung-group-s-korea-fintech-boost

Researcher recognized for HIV, TB contribution

A Cambodian medical research­er has received international rec­ognition for a presentation on de­velopments in the treatment of pa­tients infected with both HIV and tuberculosis at a conference in France last week. ...

Janelle Retka
https://www.cambodiadaily.com/news/researcher-recognized-for-hiv-tb-contribution-98183/

Ministry investigates maritime school over worker complaints

The Interior Ministry’s anti-human trafficking department on Monday questioned an administrator at a maritime school over complaints lodged in September by seven former students who claim they were forced to flee a pair of Chinese-owned cargo ships after working in slave-like conditions. ...

Ben Sokhean
https://www.cambodiadaily.com/news/ministry-investigates-maritime-school-over-worker-complaints-101579/

US-funded National Democratic Institute accused of colluding with CNRP

Leaked materials from the United States-funded NGO National Democratic Institute (NDI) have been portrayed on Facebook and in local media as being part of an “ill intended” strategy to help the opposition party win next year’s national election, with government officials yesterday publicly questioning the ...

Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/us-funded-national-democratic-institute-accused-colluding-cnrp

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/

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