Cambodia unveils new Fintech Policy to drive innovation and inclusion
The Cambodian government recently unveiled the Cambodia Financial Technology Development Policy 2023-2028, a comprehensive strategy aimed at promoting financial innovation, ensuring financial stability, and enhancing financial inclusion in the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501387042/cambodia-unveils-new-fintech-policy-to-drive-innovation-and-inclusion/
CMAC: China now leading mine clearance supporter
China is the foremost foreign financial supporter of the mine action sector in Cambodia, according to the Cambodian Mine Action Centre (CMAC). Their contribution places China at the top of the list, followed by Japan, the US and other countries. ...
Mom Kunthear
https://www.phnompenhpost.com/national/cmac-china-now-leading-mine-clearance-supporter
Fronts of Cambodia, Laos, Vietnam reinforce cooperation
The Presidents of the Solidarity Front for the Development of Cambodian Motherland (SFDCM), the Lao Front for National Construction (LFNC), and the Vietnam Fatherland Front (VFF) gathered at their 5th conference in Vientiane on April 9. ...
Khmer Times Staff
https://www.khmertimeskh.com/501470539/fronts-of-cambodia-laos-vietnam-reinforce-cooperation/
Cambodia-ASEAN mull revising tariff to monitor trade flow
Cambodia along with the Association of Southeast Asian Nations (ASEAN) are considering revising the customs tariff regulations aimed at updating the product code to strengthen the efficiency of monitoring trade activities globally. ...
Nhean Chamrong
https://www.khmertimeskh.com/501575234/cambodia-asean-mull-revising-tariff-to-monitor-trade-flow/
CNRP Decries NEC’s Use of Unsealed Voter Documents
The National Election Committee (NEC) on Sunday publicly released official election documents from Kratie province after receiving orders to investigate allegations of electoral fraud, though a substantial amount of the evidence was unsealed, raising fears the documents had been tampered with. After receiving orders from the ...
Khuon Narim
http://www.cambodiadaily.com/elections/cnrp-decries-necs-use-of-unsealed-voter-documents-40766/
After Deadly Factory Collapse, Safety Improvements Scarce
On May 16, immediately after the ceiling of a shoe factory collapsed in Kompong Speu province, leaving two people dead, promises were made to prosecute those responsible for the tragedy and to conduct a nationwide inspection of all factories. “We will have a committee investigate clearly ...
http://www.cambodiadaily.com/news/after-deadly-factory-collapse-safety-improvements-scarce-39041/
Growth in vehicle sales fuelled by bank loans, dealers say
Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, ...
Fishermen catch a rough deal
Fish yields have supposedly dropped by 20 to 30 percent according to fisherman, as a result of the destruction of natural marine environments such as mangroves and the increase in the number of people fishing. Ministry of Agriculture, Forestry and Fisheries estimated the total number ...
http://www.phnompenhpost.com/index.php/2011070850280/National-news/fishermen-catch-a-rough-deal.html
Tycoon’s dredging tests locals’ patience
Ruling party senator Ly Yong Phat has defied an order endorsed by the Prime Minster to halt his controversial sand dredging activities on the Tatai river in Koh Kong, prompting authorities to request intervention, documents obtained by The Post reveal. The dredging operation on the ...
Phnom Penh Port to list on bourse by 2013
Phnom Penh Autonomous Port plans to join three other state-owned enterprises in listing on the recently launched Cambodian Securities Exchange, an official said yesterday Hei Bavy, the port’s director general, said that Finance Minister Keat Chhon has spoken to officials at the port, expressing his interest ...
Minister says floods affect 90,303 families
Flooding has affected 90,303 families and flooded 83,007 houses nationwide, while 13,402 families have been evacuated so far from inundated areas, Minister of Information Khieu Kanharith said Monday. Citing data from the National Committee for Disaster Management (NCDM), Mr Kanharith also said in a posting to ...
Strikers ordered back to work
The Phnom Penh Municipal Court ordered on Tuesday that workers striking at Cambo Handsome 1 return to work within 48 hours and banned them from striking in front of the garment factory, in the capital’s Dankgor district. Seang Sambath, president of the Federation of Friendship Unions, ...
Inflation dips in November
The Kingdom’s inflation rate fell month-on-month in November for the first time all year, dropping 0.7 per cent from October, according to National Institute of Statistics data. However, year-on-year inflation in November increased 5.7 per cent, the NIS reported. “We see that we got a bigger supply ...
http://www.phnompenhpost.com/index.php/2011122653610/Business/inflation-dips-in-november.html
New travel association launches in Kingdom
The Pacific Asia Travel Association (PatA) launched its Cambodian chapter on Friday in the hope of further promoting the country’s second-largest sector by revenues. The sparsity of air routes to Cambodia was one of the main obstacles to the Kingdom’s tourism growth, PatA Cambodia chapter president ...
Water Authority Stock Launch May Be Delayed
It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...
Tourism minister to Thai border
In an attempt to foster tourism on the Cambodia-Thai border, tourism officials this week visited the Cham Yeam border crossing in Koh Kong province. Warming relations with Thailand’s newly elected Prime Minister Yingluck Shinawatra are expected to improve cross-border tourism, which deteriorated after border clashes ...
UN set to hear report on Cambodian rights
The United Nations Special Rapporteur for Cambodia was due last night to present his 2011 report to the Human Rights Council in New York, where Foreign Minister Hor Namhong is attending the UN General Assembly’s annual debate. The report, first published on August 2, looks at ...
Jarai man gets day in court
A Ratanakkiri Provincial Court prosecutor yesterday summoned an ethnic minority Jarai man in O’Yadav district to explain to the court his allegations that local authorities had threatened to kill him for exposing a land-sale corruption racket. Romas Chhvang, 45, filed a complaint to the court at ...
http://www.phnompenhpost.com/index.php/2011111552760/National-news/jarai-man-gets-day-in-court.html
Another Cambodian maid dies in Malaysia
An 18-year-old Battambang woman who was working as a maid in Malaysia has become the latest in a string of domestic workers to die there this year, and the second to die in less than a month, SRP lawmaker Mu Sochua and the woman’s family ...
Group angered after Thailand says it will not oppose dam
An environmental group yesterday criticized Thailand’s announcement last week that it would not oppose Laos’ proposal to build the first Lower Mekong dam at the upcoming Mekong River Commission (MRC) meeting, as long as Laos addresses the dam’s environmental impacts. Water and environment ministers from Cambodia, ...