Cambodia sees significant increase in digital payments with e -wallets exceeding 20.2 million
Cambodia has recorded a sharp rise in mobile payments as more and more people have turned from cash-based to digital transaction options, the National Bank of Cambodia (NBC) said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501336216/cambodia-sees-significant-increase-in-digital-payments-with-e-wallets-exceeding-20-2-million/
$17M investment projects in Kandal, P Sihanouk provinces
Aiding the job prospects and investment potential in two provinces in the country, the Council for the Development of Cambodia (CDC) gave approval for four new investment projects worth $17 million. ...
Adur Pradeep
https://www.khmertimeskh.com/501135969/17m-investment-projects-in-kandal-p-sihanouk-provinces/
Rising Riel in circulation earns demand in public
The prudential monetary policies and Riel promotion have built price stability of Riel, which earned public trust over the circulation of the national currency, said a senior official at the National Bank of Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501140924/rising-riel-in-circulation-earns-demand-in-public/
Cambodian scholar highlights Vietnam – Cambodia friendship
An in-depth article recently published on the website of the Royal Academy of Cambodia (RAC) spotlighted the Vietnam – Cambodia friendship over the past decades. ...
Khmer Times Staff
https://www.khmertimeskh.com/501142238/cambodian-scholar-highlights-vietnam-cambodia-friendship/
$300M maiden sovereign-bond issue set to begin on Sept 7: NBC
The National Bank of Cambodia (NBC) announced that it will float the 100 billion riel ($25 million) first tranche of its 1.2195 trillion riel maiden sovereign-bond issue on September 7, which financial experts point out will allow the government to diversify funding sources for national ...
May Kunmakara
https://www.phnompenhpost.com/business/300m-maiden-sover-eign-bond-issue-set-begin-sept-7-nbc
150 projects worth $3.45B approved in nine months
Cambodia has approved 150 fixed-asset investment projects worth about $3.45 billion in the January-September period of 2022, according to the Council for the Development of Cambodia (CDC)’s report yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501164016/150-projects-worth-3-45b-approved-in-nine-months/
Petrol prices decline, diesel remains steady
Retail petrol prices have experienced a slight decrease after reaching their highest levels in a year, with regular gasoline now at 4,550 riel per litre, down from 4,750 riel in the previous 10 days. Diesel prices remain unchanged at 4,850 riel per litre. ...
May Kunmakara
https://www.phnompenhpost.com/business/petrol-prices-decline-diesel-remains-steady
Cambodia attracts record foreign investment growth
Despite global and regional economic downturns due to ongoing geopolitical conflict, Cambodia continues to be a beacon for investments. In the first nine months of 2023, the Kingdom drew in fixed-asset investments worth $3.76 billion, marking an 8.6 per cent rise from the $3.46 billion ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-attracts-record-foreign-investment-growth
New commission to iron out knotty gov’t-private tax issues
Deputy Prime Minister and Minister of Economy and Finance (MEF) on Monday asked the Working Group on Law, Tax and Governance of the Government Private Sector Forum (GPS-F) to form an ad-hoc commission to solve complicated technical tax issues by the end of this year, ...
Kang Sothear
https://www.khmertimeskh.com/501375028/new-commission-to-iron-out-knotty-govt-private-tax-issues/
Cambodian PM to attend ASEAN-GCC Summit in Riyadh this week
Prime Minister Hun Manet will join other ASEAN Heads of State / Government at the Summit between ASEAN and the Gulf Cooperation Council (GCC) in Riyadh, Saudi Arabia, this week. ...
Khmer Times Staff
https://www.khmertimeskh.com/501377103/cambodian-pm-to-attend-asean-gcc-summit-in-riyadh-this-week/
High school top grads to be given priority in becoming teachers
High school graduates who win high scores on their exams can apply for teacher jobs, said the Ministry of Education, Youth and Sport. ...
Torn Vibol
https://www.khmertimeskh.com/1351936/high-school-top-grads-to-be-given-priority-in-becoming-teachers/
Phnom Penh Governor plans to ask the Royal Government to establish a major project to solve flooding
The Phnom Penh Municipal Authority may propose to the Royal Government a large-scale initiative to address long-term flooding, which is a mechanism for resolving flooding in Phnom Penh. ...
Khmer Times Staff
https://www.khmertimeskh.com/501352470/phnom-penh-governor-plans-to-ask-the-royal-government-to-establish-a-major-project-to-solve-flooding/
Investigation to be launched into trafficking of disabled performers for street begging
The meeting to deliberate on measures to curb exploitation of vulnerable people and children. The Department of Social Affairs, Veterans, and Youth Rehabilitation of Phnom Penh have called for a thorough investigation into the activities of brokers who exploit disabled people for financial gain. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353528/investigation-to-be-launched-into-trafficking-of-disabled-performers-for-street-begging/
Japan policy dialogue set for November
Following a hiatus due to the Covid-19 pandemic, Cambodia and Japan are expected to hold their 14th policy consultation meeting in November, according to the Council for the Development of Cambodia (CDC). ...
Hin Pisei
https://www.phnompenhpost.com/business/japan-policy-dialogue-set-november
GDT hopes to collect over 107% projected tax revenue for 2023
Tax revenue in 2023 is expected to achieve 107.5 per cent of the 2023 Law on Financial Management, though the projection is lower than the collection achievement last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-hopes-collect-over-107-projected-tax-revenue-2023
Livestock sector stakeholders in Cambodia unite to combat the threat of antimicrobial resistance
The Food and Agriculture Organization of the United Nations (FAO) in Cambodia recently hosted a workshop bringing together stakeholders from the private and public sectors of the livestock industry. ...
Khmer Times Staff
https://www.khmertimeskh.com/501368958/livestock-sector-stakeholders-in-cambodia-unite-to-combat-the-threat-of-antimicrobial-resistance/
ASEAN commits to building resilient, inclusive, people-centered community
ASEAN always takes social development as a top priority and is committed to building a resilient, inclusive, people-centred community, and effectively implementing the UN Sustainable Development Goals (SDG). ...
Khmer Times Staff
https://www.khmertimeskh.com/501369324/asean-commits-to-building-resilient-inclusive-people-centered-community/
Cambodia’s international trade reaches $35 billion in nine months
Cambodia’s international trade totalled more than $35.16 billion in the first nine months of this year, inching down 3.5 percent from the same period last year, the General Department of Customs and Excise’s report showed on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501374641/cambodias-international-trade-reaches-35-billion-in-nine-months/
Royal Government will sharpen political programs to benefit the people, says PM
The Prime Minister of Cambodia, Dr. Hun Manet, stated that the Royal Government of the seventh mandate will sharpen its political program to benefit the people. ...
Khmer Times Staff
https://www.khmertimeskh.com/501362869/royal-government-will-sharpen-political-programs-to-benefit-the-people-says-pm/
Chinese modernization delivers economic growth for the world, says Cambodian Think Tank director
“China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world,” said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International ...
Khmer Times Staff
https://www.khmertimeskh.com/501190553/chinese-modernization-delivers-economic-growth-for-the-world-says-cambodian-think-tank-director/
