Cambodia explores cross-border transactions of CBDC-like Bakong, now used by 200,00 people
The National Bank of Cambodia (NBC) continues progressing with its central Bank digital currency- (CBDC)-like initiative known as Bakong, disclosing several project milestones. ...
Khmer Times Staff
https://www.khmertimeskh.com/50911542/cambodia-explores-cross-border-transactions-of-cbdc-like-bakong-now-used-by-20000-people/
Gov’t allocates $100M to prop up SMEs
The Ministry of Economy and Finance on February 14 allocated $100 million to two state-owned banks to provide additional support to small- and medium-sized enterprises (SME), and the agriculture and agro-industry sectors. ...
Nov Sivutha
https://www.phnompenhpost.com/business/govt-allocates-100m-prop-smes
IMF, ECB, global banks laud Chea Serey as NBC chief
A multitude of international financial institutions and central banks have congratulated and expressed confidence over Chea Serey’s appointment as governor of the National bank of Cambodia (NBC), acknowledging her expertise and qualification to develop the Kingdom’s banking sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/imf-ecb-global-banks-laud-chea-serey-nbc-chief
Cambodia’s electronic payment amount among highest in world
The amount of payments made via electronic system in Cambodia reached nearly 1,000 percent of the country’s Gross Domestic Product (GDP) in 2022, said a senior official of National Bank of Cambodia (NBC). ...
Kang Sothear
https://www.khmertimeskh.com/501319532/cambodias-electronic-payment-amount-among-highest-in-world/
CATA urges SME Bank to support cruise boat businesses
Small and Medium Enterprise Bank of Cambodia Plc (SME Bank), which is currently reviewing its $50 million budget support for pandemic-hit tourism players in Siem Reap province was asked to consider providing loans to cruise boat businesses along the Tonle Sap River. ...
Nheng Chamrong
https://www.khmertimeskh.com/501416844/cata-urges-sme-bank-to-support-cruise-boat-businesses/
Visitors to Cambodia up 14.1% through July
The number of foreign visitors arriving in Cambodia jumped 14.1 percent to about 16.2 million in the first seven months of this year compared to the same period last year, according to data released Friday by the Tourism Ministry. Vietnam accounted for the largest number of ...
China's pact with Cambodia, Laos an interference in ASEAN's domestic affairs: Former Sec-Gen
The recent move by Cambodia and Laos to make a pact with China on how to settle the South China Sea dispute amounted to them interfering with the domestic affairs of the Association of South East Asian Nations (ASEAN), said former ASEAN Secretary-General Ong Keng ...
Saifulbahri Ismail
http://www.channelnewsasia.com/news/asiapacific/china-s-pact-with/2729132.html
Peacekeeper injured in S. Sudan
A United Nations peacekeeper from Cambodia was injured in gunfire on Sunday in Juba, South Sudan, according to the Cambodian National Center of Peacekeeping Forces. ...
Chea Vannak
http://www.khmertimeskh.com/news/27219/peacekeeper-injured-in-s--sudan/
Cambodia made the right decision in South China Sea dispute
No one would regard a small country such as Cambodia to be a protagonist in an international affair. However, a chain is only as strong as its weakest link, and the weakest link Cambodia is now being criticised for breaking Association of Southeast Asian Nations (Asean) ...
South China Morning Post Team
http://www.scmp.com/comment/letters/article/1985205/cambodia-made-right-decision-south-china-sea-dispute
South China Sea likely to feature at ASEAN Summit in Laos
Prime Minister Hun Sen today leads a delegation of high-level officials to Laos for the start of the 29th ASEAN Summit. The event is considered of special import as it comes in the wake of a July international court ruling that determined the so-called “nine-dash line” ...
Cristina Maza
http://www.phnompenhpost.com/national/south-china-sea-likely-feature-asean-summit-laos
Exports to Korea jump 80pc
Cambodia’s first-quarter exports to South Korea soared nearly 80 per cent year-on-year, driven mostly by garments and agriculture products, but imports still accounted for most of the trade between the two countries. Total exports to South Korea jumped to US$30 million for the first three months of ...
http://www.phnompenhpost.com/index.php/2012051056080/Business/exports-to-korea-jump-80pc.html
Discussions Over South China Sea Document Continue
In its role as Asean chair, Cambodia hopes that a draft of a long-awaited legal document to govern how disputes are settled in the contentious South China Sea will be completed and adopted this year, a Ministry of Foreign Affairs official said yesterday. ...
Cambodia sends 22,300 laborers abroad last year
Cambodia had dispatched some 22, 300 laborers overseas in 2013, down 36 percent from 34,800 a year earlier, figures from the Ministry of Labor showed Monday. The country sent 13,170 workers to Thailand last year, down 50 percent year-on-year; 8,820 to South Korea, up 8 ...
Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-01/15/c_133047425.htm
Hor Namhong censures Ambassador to S Korea
Foreign Minister Hor Namhong has written a letter to the newly appointed Cambodian ambassador to South Korea to censure him over the alleged involvement of his family members in embassy affairs. In the letter, dated Monday, Mr. Namhong warns Ambassador Suth Dina not to allow ...
Hul Reaksmey
http://www.cambodiadaily.com/news/hor-namhong-censures-ambassador-to-s-korea-57360/
Second public bus line revs up
The Phnom Penh municipality launched the capital’s second bus line yesterday, running for 68 stops from the night market to Takhmao town in Kandal province. ...
Taing Vida
http://phnompenhpost.com/national/second-public-bus-line-revs
ASEAN cannot act on behalf of claimant states in South China Sea dispute: Cambodian PM
Cambodian Prime Minister Hun Sen said Wednesday that the Association of Southeast Asian Nations (ASEAN) cannot act on behalf of the countries concerned in the South China Sea dispute and urged all parties involved to continue negotiations. ...
The Cambodia Herald News Staff
http://bit.ly/1D1D9XU
Cambodia publicly endorses China position on South China Sea
Cambodia’s leader has publicly endorsed China’s position that territorial disputes in the South China Sea cannot be solved through the Association of Southeast Asian Nations (ASEAN). In Phnom Penh, Prime Minister Hun Sen said Wednesday the issue should be solved by the countries directly affected by ...
Kong Sothanarith
http://bit.ly/1FITTH9
Chamber president calls for stronger South Korea business ties
Cambodia Chamber of Commerce (CCC) president Kith Meng on Tuesday called for stronger business and investment relations between the Kingdom and South Korea. He was speaking on the sidelines of the World Summit 2020 in Seoul, South Korea, after a meeting between the Korea International ...
May Kunmakara
https://www.phnompenhpost.com/business/chamber-president-calls-stronger-south-korea-business-ties
Replacement for Toll’s Kerr has arrived in Phnom Penh
Toll Royal Railways chief executive David Kerr is on track to leave Cambodia by the end of the month, according to his expected replacement. Bobby Luow, a 40-year veteran of the rail industry, mainly in South Africa, told the Post he had been brought in to ...
South Korea trade nearly $870M in Jan-Nov
Bilateral trade between Cambodia and South Korea reached $869.735 million in the first 11 months of 2021, an 8.805 per cent surge from $799.354 million in the same period last year, according to data from the Korea International Trade Association (Kita) posted at the weekend. ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korea-trade-nearly-870m-jan-nov