ADB and Cambodia Post Bank sign $10m loan for MSMEs
The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan of up to $10 million to spur post-pandemic recovery for the nation’s micro-, small- and medium-sized enterprises (MSMEs) by increasing access to finance, with at least half earmarked for women. ...
Marissa Carruthers
https://kiripost.com/stories/adb-and-cambodia-post-bank-sign-10m-loan-for-msmes
Rice mills get in on contract farming
Representative of at least 41 rice millers have expressed willingness to enter into contract-farming arrangements with agricultural cooperatives to ensure ample supplies of responsibly-sourced grains of desired varieties, as pundits voice strong support for the practice as a catalyst to unleash the export potential of ...
Hin Pisei
https://www.phnompenhpost.com/business/rice-mills-get-contract-farming
Now Cambodians avail loan through ‘mobile chat’ tech
Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing ...
Manoj Mathew
https://www.khmertimeskh.com/501247709/now-cambodians-avail-loan-through-mobile-chat-tech/
Draft law for population info database, IDs ‘finalised soon’
The General Department of Identification (GDI) said that a draft law on civil registry documents, statistics and identification will be finalised soon at the inter-ministerial level. GDI said the modernisation of this legal framework will become an important legal tool to ensure sharing clear data and ...
Sok Raksa
https://www.phnompenhpost.com/national/draft-law-population-info-database-ids-finalised-soon
Int’l tourism receipts rocket nearly eightfold to over $1.4B
International tourism receipts clocked in at $1.415 billion last year, marking a 7.690-fold increase over $184 million in 2021, albeit still a 71.2 per cent decrease from 2019’s record $4.919 billion, according to the Ministry of Tourism’s Tourism Indicators 2022 report. ...
https://www.phnompenhpost.com/business/intl-tourism-receipts-rocket-nearly-eightfold-over-14b
Clean water pumped to dry suburbs
A team from the Phnom Penh Water Supply Authority (PPWSA) is working closely with the Takhmao fire department to provide water to the residents of Takhmao town. Several members of the public have complained about a severe lack of water pressure in recent weeks, with ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/clean-water-pumped-dry-suburbs
Nine new investments worth $77M to deliver 17K jobs
The Council for the Development of Cambodia’s (CDC) two regular notices issued month-to-date reveal that the government body has approved registration certificates for nine new private investment projects – all in manufacturing – valued at a total of $77.4 million and set to deliver an ...
Hin Pisei
https://www.phnompenhpost.com/business/nine-new-investments-worth-77m-deliver-17k-jobs
PM hails the adoption of draft amendment to the election law
Prime Minister Hun Sen hailed the proposed amendments to the election law after lawmakers on Friday unanimously adopted the draft amendments, meting out punishment for those who incite others not to go to vote. At least 110 lawmakers voted in favour of the motion. ...
Son Minea
https://www.khmertimeskh.com/501314069/pm-hails-the-adoption-of-draft-amendment-to-the-election-law/
South Korean pharma eyes medical device venture in Cambodia
Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...
James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/
Cambodia bats for Mekong’s economic development
Cambodia has endorsed the Mekong cooperation with Korea and Japan which focuses on connecting societies, promoting digitalisation and providing proactive responses to the citizens in the community aimed at elevating inclusive and sustainable development in the region. ...
Nhean Chamrong
https://www.khmertimeskh.com/501532249/cambodia-bats-for-mekongs-economic-development/
Justice ministry warns citizens against “colour revolution plotting"
The Ministry of Justice issued a stern warning that efforts to incite opposition to the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) cooperation are part of a broader scheme to instigate a colour revolution aimed at overthrowing the government. ...
Niem Chheng
https://www.phnompenhpost.com/politics/justice-ministry-warns-citizens-against-colour-revolution-plotting-
Govt announces free tours to northeastern border provinces to address concerns over sovereignty
In a bid to disprove false claims about the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) by overseas-based opposition groups, Prime Minister Hun Manet is arranging free transport for the public to see for themselves the real situation at the border areas. ...
Cambodia seeks to harness R&D investment for technology-driven solutions to local challenges
The Ministry of Industry, Science, Technology & Innovation (MISTI) hosted a workshop on Friday, titled “Cambodia’s National R&D Management System,” aimed at bolstering the research ecosystem by helping researchers choose innovative research topics and transfer their results for socio-economic benefits. ...
Khmer Times Staff
https://www.khmertimeskh.com/501555486/cambodia-seeks-to-harness-rd-investment-fortechnology-driven-solutions-to-local-challenges/
ADB projects drop in inflation to 0.5 percent in Cambodia
Asian Development Bank (ADB), a key development partner for Cambodia, has maintained its growth forecast for Cambodia at 5.8 percent for this year and 6.0 percent for 2025 but revised its earlier inflation projection for this year from 2.0 percent to 0.5 percent. ...
Nhean Chamrong
https://www.khmertimeskh.com/501565953/adb-projects-drop-in-inflation-to-0-5-percent-in-cambodia/
Woori Bank: 30 years of ‘rapid expansion’
Woori Bank, one of South Korea’s leading commercial banks, is set to inject an additional $100 million into its Cambodian operations next year. This “strategic” move is in response to a notable increase in loan demand, aimed at stimulating business activities that slowed during the ...
May Kunmakara
https://www.phnompenhpost.com/business/woori-bank-30-years-rapid-expansion
CDC, KOICA hold first bilateral meeting in 2024 on development cooperation in Cambodia
The Cambodia Development Cooperation Board of the Council for the Development of Cambodia (CDCB/CDC) and the Korea International Cooperation Agency (KOICA) held here at the CDC’s headquarters on Jan. 25 their “first bilateral meeting in 2024” to boost development cooperation and partnership between the two ...
Khmer Times Staff
https://www.khmertimeskh.com/501429533/cdc-koica-hold-first-bilateral-meeting-in-2024-on-development-cooperation-in-cambodia/
Cambodia Climate Change Summit 2024 returns with ambitious agenda
This week, leading climate change experts and stakeholders will gather at the Cambodia Climate Change Summit 2024 (CCCS24) to tackle the nation’s and region’s most pressing climate challenges, while exploring solutions for both mitigation and adaptation. ...
Ben Sokhean
https://www.khmertimeskh.com/501578306/cambodia-climate-change-summit-2024-returns-with-ambitious-agenda/
Continues providing the first dose of COVID-19 vaccine to people aged from 18 and children - adolescents aged 12 to under 18 who failed to receive the vaccine or have just reached the age to receive the vaccine at the end of the vaccine campaign in Phnom Penh
On 15 September 2021, the Phnom Penh Capital Administration has issued a notification on continues providing the first dose of COVID-19 vaccine to people aged from 18 and children – adolescents aged 12 to under 18 who failed to receive the vaccine or have just ...
Phnom Penh Capital Administration
China, Cambodia Ink 29 Agreements for Economic and Trade Ties
The relations between People’s Republic of China and Cambodia have become closer in the way of culture, in which China is the most important strategic development partner in improving Cambodia’s economic growth through both financial and technical grant aids,” Mr. Eang Sophalet, assistant to Samdech ...
The Bottom Line
Clashes between garment workers and the local manufacturing industry came to a head in February when three women were shot while protesting for increased bonuses outside their workplace. It was almost five more months before manufacturers and governing bodies agreed to raise the earning potential ...