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National Bank of Cambodia announces $50 million auction tomorrow

The National Bank of Cambodia has issued a notice to banks, microfinance institutions and exchange traders to participate in the auction of US $50,000,000 for October 12, 2021. ...

Khmer Times Staff
https://www.khmertimeskh.com/50949491/national-bank-of-cambodia-announces-50-million-auction-tomorrow/

Tea Banh to participate in 19th Asia Security Summit, Shangri la Dialogue 2022 this week

Cambodian Deputy Prime Minister and Minister of National Defence, SamDech Pichey Sena Tea Banh, will lead a high-ranking Delegation of Royal Cambodian Armed Forces (RCAF) to attend the 19th Asia Security Summit (IISS Shangri-La Dialogue 2022) from June 10-12 in Singapore. ...

Khmer Times Staff
https://www.khmertimeskh.com/501090890/tea-banh-to-participate-in-19th-asia-security-summit-shangri-la-dialogue-2022-this-week/

Better weather conditions improved rice production in Cambodia

In 2021, total rice production surged, reaching 12.2 metric tons, marking a 11.6 percent y/y increase. The surge was driven largely by an increase in wet season rice production, thanks to more favorable weather conditions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501105592/better-weather-conditions-improved-rice-production-in-cambodia/

Ministry adopts three-policy approach to aid migrant workers

A three-policy approach to provide services and protect​ more than 1.2 million Cambodian migrant workers working abroad was announced yesterday by the Ministry of Labour and Vocational Training. ...

Son Minea
https://www.khmertimeskh.com/501360580/ministry-adopts-three-policy-approach-to-aid-migrant-workers/

The ASEAN Ministerial Meetings with dialogue partners concluded successfully

The 12 ASEAN Ministerial Meetings with 11 dialogue partners and ASEAN-Plus Three Foreign Ministers’ Meeting held today were concluded successfully, said Kung Phoak, Secretary of State at the Ministry of Foreign Affairs and International Cooperation and Spokesperson of the 55th AMM and Related Meetings. ...

Khmer Times Staff
https://www.khmertimeskh.com/501126283/the-asean-ministerial-meetings-with-dialogue-partners-concluded-successfully/

Online business registration made easier

Cambodia has launched the third phase of online business registration by including an additional 12 relevant ministries and institutions to facilitate business procedures in Cambodia. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-online-business-registration-made-easier

Cambodia’s indigenous peoples struggle with digital literacy on eve of elections

Lek Karry has been using a smartphone for nearly two years but the grade 12 student admits she still struggles to distinguish between real and fake information online. ...

Tuy Engly
https://cambojanews.com/cambodias-indigenous-peoples-struggle-with-digital-literacy-on-eve-of-elections/

Cambodia and ASEAN share grave concern on North Korea’s ballistic missile launch

The Foreign Ministers of ASEAN, including Cambodia today expressed their grave concern over the launch of the ballistic missile by the Democratic People’s Republic of Korea (DPRK) on July 12, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501324149/cambodia-and-asean-share-grave-concern-on-north-koreas-ballistic-missile-launch/

190 projects totalling $3.2 billion approved in six months

Cambodia has approved 190 investment projects totalling more than $3.2 billion and providing more than 68,500 jobs, with the bulk of foreign investment coming from China. ...

Mao Sreypich
https://kiripost.com/stories/190-projects-totalling-32-billion-approved-in-six-months

Central Bank In Talks to Up Reserve Rate

The National Bank of Cambodia (NBC) is thinking of raising the reserve required for banking deposits. The aim is to slow inflation and lessen the chance of an economic meltdown. The NBC is considering raising the rate after inflation reached 6.5 percent in May compared ...

Villagers summoned to court

Three villagers who were part of a protest over a land dispute with the Meng Keth Company have been summoned to court for questioning over alleged violence during the protest. The land dispute is over 65 contested hectares of land that was granted to the ...

http://www.phnompenhpost.com/index.php/2011072850690/National-news/land-dispute-villagers-summoned-to-court.html

Beverage firms, telcos lift revenues

Advertising companies generated $73.6 million in revenue during the first nine months of the year, a 28 percent increase compared to the same period in 2010, according to data released by marketing research firm Indochina Research. Beverage and telecommunication companies led the way, spending $12.75 million ...

Laos dam looms over fish quota

A new government plan has set a goal for an annual 1.2 million tonnes of fish by 2019, but officials and environmentalist have said the construction of Xayaburi dam in Laos could stymie Mekong fisheries. The plan would push fish exports to 500,000 tonnes of fish ...

http://www.phnompenhpost.com/index.php/2011120953255/Business/laos-dam-looms-over-fish-quota.html

Vietnamese land-grabbers held

Following a provincial court order, Ratanakkiri Military Police on April 16 arrested 12 Vietnamese nationals accused of crossing the border into Cambodia and illegally clearing forest land. The accused are now being detained at Phnom Svay prison in the province. Ratanakkiri military police commander Thav ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/vietnamese-land-grabbers-held

Worldbridge to open first SME industrial park

The first industrial park for small and medium enterprises in the Kingdom will open this October in Kandal province, just 12 kilometres from the centre of Phnom Penh. The SME Eco Park, referred to also as SME Cluster Zone by the developer, is located on ...

Sok Chan
https://www.khmertimeskh.com/50505212/worldbridge-to-open-first-sme-industrial-park/

Sugarcane a ‘huge potential for farmers’

Cambodia’s three major sugar companies produced 120,126 tonnes of raw sugar in the first nine months of this year, said a Ministry of Industry and Handicraft report. It said Rui Feng (Cambodia) International Co Ltd produced 56,664 tonnes, Yellow Field (Cambodia) International Ltd (51,420 tonnes) ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/sugarcane-huge-potential-farmers

Cambodia unveils new measures to support local firms

Cambodia has unveiled several measures to support local manufacturers and exporters in case the European Union (EU) decides to temporarily strip trade preferences from the country, according to China’s Xinhua News Agency. The Cambodian Ministry of Commerce issued a statement on February 12, saying that it ...

VNA
https://en.vietnamplus.vn/cambodia-unveils-new-measures-to-support-local-firms/146528.vnp

Thaicom to sell Mfone for $100

Troubled Cambodian telecoms operator Mfone will be disposed of by its parent company, Thaicom, in the coming weeks for $100 to INT Management Service Company Limited (INT), according to a filing with the Stock Exchange of Thailand (SET). Shenington Investment, a subsidiary of Thaicom and the ...

http://www.phnompenhpost.com/index.php/2012112259878/Business/thaicom-to-sell-mfone-for-100-by-years-end.html

Rubber Prices Plummet Despite Increase in Exports

Revenues generated from rubber exports dropped 25 percent to $41 million in the first four months of the year compared to the same period in 2011, as rubber prices on the international market plummeted, according to data released yesterday by the Ministry of Commerce. While rubber ...

Cambodia plans 3.1 bln USD for national expenses next year: minister

Cambodia planned to allocate 3. 1 billion U.S. dollars, in equivalent to 19.8 percent of the country’s GDP, for national expenses in 2013, a 12.9 percent rise year-on-year, finance minister Keat Chhon said Friday. Speaking to reporters after a meeting at the National Assembly, the minister ...

http://Editor: Fang Yang

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