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Project aims to strengthen safe finance in communities

The National Bank of Cambodia (NBC) and Cambodia Microfinance Association (CMA) have rolled out a pilot campaign to promote financial literature, consumer empowerment and protection in Cambodian communities. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-project-aims-to-strengthen-safe-finance-in-communities

China strengthens investment in Cambodia

The Council for the Development of Cambodia (CDC) has announced that it approved 113 new investment and expansion projects with combined registered capital of about $1.1 billion in the first half of this year, of which nearly 65% came from Chinese investors. ...

Khmer Times Staff
https://www.khmertimeskh.com/501324125/china-strengthens-investment-in-cambodia/

SIM card bank scam warning issued

The Association of Banks in Cambodia is cautioning bank customers to avoid clicking on any suspicious links after a $100,000 loss by an ABA bank customer due to a SIM card-related account hack. ...

Mao Sreypich
https://kiripost.com/stories/sim-card-bank-scam-warning-issued

CPV General Secretary: Vietnam supports Cambodia’s national development

Vietnam always supports Cambodia’s national construction and development, General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen PhuTrong told President of the Cambodian National Assembly (NA)KhuonSudary, during a reception in Hanoi, Vietnam on Dec. 1. ...

Khmer Times Staff
https://www.khmertimeskh.com/501400484/cpv-general-secretary-vietnam-supports-cambodias-national-development/

CAC eyes funding for cashew shell biofuel production

Six Chinese companies have expressed interest in establishing cashew processing plants in Cambodia, with one specialising in producing Cashew Nut Shell Liquid (CNSL), according to the Cashew Nut Association of Cambodia (CAC). ...

Van Socheata
https://www.phnompenhpost.com/national/cac-eyes-funding-for-cashew-shell-biofuel-production

Thailand and Cambodia to start talks on the energy-rich area in the Gulf of Thailand on February 7

Thailand and Cambodia are set to hold talks on 7 February regarding a disputed energy-rich area in the Gulf of Thailand. The Deputy Prime Minister and Foreign Affairs Minister of Thailand, ParnpreeBahiddhaNukara, announced that discussions on the overlapping claim area (OCA) will be on the ...

Khmer Times Staff
https://www.khmertimeskh.com/501421398/thailand-and-cambodia-to-start-talks-on-the-energy-rich-area-in-the-gulf-of-thailand-on-february-7/

Exports to India up over 57% in ‘23

Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23

Vietnam, Cambodia join hands to fight illegal entry, exit

The Vietnamese Ministry of Public Security’s Immigration Department and Cambodian Home Affairs Ministry’s General Department of Immigration held a meeting to discuss and exchange experience on immigration management in Hanoi on October 23. ...

Khmer Times Staff
https://www.khmertimeskh.com/501380920/vietnam-cambodia-join-hands-to-fight-illegal-entry-exit/

‘Fintech playing key role in financial inclusion efforts’

The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501399932/fintech-playing-key-role-in-financial-inclusion-efforts/

Kingdom, New Zealand keen on building up development policies

The Council for the Development of Cambodia (CDC) and the New Zealand Embassy to Cambodia on Monday organised a joint discussion to further promote bilateral development cooperation programmes responding to the needs of the Kingdom and other ASEAN countries. ...

Nhean Chamrong
https://www.khmertimeskh.com/501447222/kingdom-new-zealand-keen-on-building-up-development-policies/

CDC looks to attract investment from Australia

The Council for the Development of Cambodia (CDC) on Wednesday said that it working towards attracting investment partners from Australia. ...

Rachel David
https://www.khmertimeskh.com/501451818/cdc-looks-to-attract-investment-from-australia/

Calls to urgently review draft alcohol law

The law on Control of Alcohol Products has been in draft for nine years and remains uncertain due to its potential social, economic and political impacts. Experts are now urging the government to accelerate law enforcement on controlling alcohol consumption after recent fatal traffic accidents. ...

Meas Molika
https://kiripost.com/stories/calls-to-urgently-review-draft-alcohol-law

DPM Sun Chanthol: New investment projects in January reflects investors’ confidence on Royal Government

Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), welcomed the new investment projects approved by CDC in January, stressing that this reflects the investors’ trust on the leadership of Prime Minister Hun Manet in maintaining peace ...

Khmer Times Staff
https://www.khmertimeskh.com/501435872/dpm-sun-chanthol-new-investment-projects-in-january-reflects-investors-confidence-on-royal-government/

CDC consents to UK​ proposal for establishing Green SEZ

The Council for the Development of Cambodia (CDC) on Monday agreed to the request from the British Ambassador to establish the ‘Green Special Economic Zone’ and help the country boost the related infrastructure, as part of the initiative to attract international investors worldwide. ...

Nhean Chamrong
https://www.khmertimeskh.com/501436295/cdc-consents-to-uk-proposal-for-establishing-green-sez/

Thai businessmen likely to invest $1B in Cambodia

A week after Prime Minister Hun Manet concluded his first official trip to Thailand, hundreds of Thai businessmen have shown keen interest in exploring investment opportunities in three potential projects across Cambodia in early March to the tune of $1 billion. ...

Nheng Chamrong
https://www.khmertimeskh.com/501442027/thai-businessmen-likely-to-invest-1b-in-cambodia/

Cambodia attracts $1.39 bln investment in first 2 months of 2024

Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/

NBC reports 44% surge in electronic riel transactions

National Bank of Cambodia (NBC) governor Chea Serey announced an increase in electronic transactions and payments in Cambodian riel for 2023, noting that they were 44% higher than in 2022. ...

Van Socheata
https://www.phnompenhpost.com/national/nbc-reports-44-surge-in-electronic-riel-transactions

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