NBC sets new capital, risk rules for banks, financial institutions
The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...
Kang Sothear
https://www.khmertimeskh.com/501318139/nbc-sets-new-capital-risk-rules-for-banks-financial-institutions/
Gov’t sticks with 5.6% growth forecast
The government has kept its baseline projection for Cambodia’s economic growth this year at 5.6 percent, which was announced in late January, marking a sharp drop from the 6.6 per cent put forward in October, as the Ukraine conflict and geopolitical unrest caused regional and ...
May Kunmakara
https://www.phnompenhpost.com/business/govt-sticks-56-growth-forecast
Cambodian exports to Canada up 17% in 2022
The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022
The People and Government of China continued providing grant assistances for good seeks of demining activities
Heng Ratana, Director General of CMAC, received Ma Shengkun, Deputy Director General of the Department of Arms Control, Ministry of Foreign Affairs of China and CAO Xilin Deputy Director General of Office Arms Control and International Military Cooperation of Chinese Ministry of Defense and their ...
Khmer Times Staff
https://www.khmertimeskh.com/501423757/the-people-and-government-of-china-continued-providing-grant-assistances-for-good-seeks-of-demining-activities/
Manet urges improved ASEAN, Gulf State ties
Prime Minister Hun Manet has called for free and open trade, the stimulation of investment and the creation of a conducive environment to promote business between ASEAN and the Gulf states, as the two regions seek to strengthen ties at their historic first-ever ASEAN-Gulf Cooperation ...
Vong Daravady
https://www.phnompenhpost.com/national/manet-urges-improved-asean-gulf-state-ties
Physical infrastructure development remains a priority for Cambodia
Physical infrastructure development remains a main priority of the Royal Government of the 7th legislature of the National Assembly, said Prime Minister Dr Hun Manet at the inauguration ceremony of 246.15-kilometer-long portion of National Road (NR) No. 5 from PrekKdam in Kandal province to Battambang ...
Khmer Times Staff
https://www.khmertimeskh.com/501396746/physical-infrastructure-development-remains-a-priority-for-cambodia/
US continues to support Cambodia in the areas of employment, social security, and vocational training
Heng Sour, Minister of Labour and Vocational Training, on October 25, met with US Ambassador to Cambodia Patrick Murphy at the Ministry. ...
Khmer Times Staff
https://www.khmertimeskh.com/501382316/us-continues-to-support-cambodia-in-the-areas-of-employment-social-security-and-vocational-training/
More than 25 hectares of forest cover were restored in Mondulkiri in 2023
In implementing the forest rehabilitation project as part of the Royal Government of Cambodia’s National Environmental Strategic Plan, USAID-Morodok Baitang and Wildlife Conservation Society (WCS) in collaboration with the Ministry of Environment have achieved a number of forest cover restores with 25.44 hectares and 27,125 ...
Khmer Times Staff
https://www.khmertimeskh.com/501436558/more-than-25-hectares-of-forest-cover-were-restored-in-mondulkiri-2023/
Govt seeks $40B capital to build infrastructures by 2033
The Council for the Development of Cambodia (CDC) and the Ministry of Public Works and Transport (MPWT) yesterday held a meeting to review the process of transport and logistics master plan as the Royal Government of Cambodia (RGC) seeks an investment capital of nearly $40 ...
Nhean Chamrong
https://www.khmertimeskh.com/501443206/govt-seeks-40b-capital-to-build-infrastructures-by-2033/
Ministry streamlines construction, land title registration mechanism
Representatives from the Ministry of Land Management, Urban Planning and Construction (MLMUPC) have confirmed the overall progress of national land registry records at a recent construction sector forum and said that all Cambodian land titles nationwide will be recorded and digitized within the official land ...
James Whitehead
https://www.khmertimeskh.com/501485199/ministry-streamlines-construction-land-title-registration-mechanism/
Minister calls for steps to increase customs expertise
Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF) on Monday asked Customs National School (CNS) officials to launch training programmes aimed at promoting human capital development. ...
Nhean Chamrong
https://www.khmertimeskh.com/501565393/minister-calls-for-steps-to-increase-customs-expertise/
Standards Building Up Safety Fears
When a 100-metre-long section of a Phnom Penh garment factory crumpled in on itself like a cheap pup tent, Sen Sok district officials promised an investigation. The results of that investigation, which was to have taken place more than a year ago, in March 2012, ...
http://www.phnompenhpost.com/2013052265780/National/standards-building-up-safety-fears.html
The Grain of Rice That Could Help Cambodia Grow
SAMRAONG TONG DISTRICT, Kompong Speu Province – Laughing, Ouch Samnang jumped back and forth over a skipping rope held by his classmates. The 13-year-old goes to school in a small village in Kompong Speu province, he has friends, five siblings and loving parents. Overall, he ...
http://www.cambodiadaily.com/news/the-grain-of-rice-that-could-help-cambodia-grow-32650/
Wang Yi’s Show of Support for Government Is Applauded
A government spokesman on Thursday welcomed remarks of support for the ruling CPP from China’s foreign minister, saying they showed Cambodia’s main benefactor was an example to other foreign states. Following meetings with Prime Minister Hun Sen and Foreign Minister Hor Namhong on Wednesday, Chinese Foreign ...
Simon Lewis and Khuon Narim
http://www.cambodiadaily.com/elections/wang-yis-show-of-support-for-government-is-applauded-40662/
CPP Readies for One-Party Vote On Assembly Committees
Senior CPP members selected nominees for the National Assembly’s nine permanent committees behind closed doors on Tuesday, while the opposition CNRP, which has continued to boycott the Assembly over July’s disputed election, urged some of Cambodia’s foreign donors to immediately sever ties with the government ...
Hul Reaksmey
http://www.cambodiadaily.com/elections/cpp-readies-for-one-party-vote-on-assembly-committees-44695/
Cambodian School Educates New Generation of Social Workers
Cambodia has some 3,000 registered non-profit groups. Some work on highly sensitive issues such as violence against women and human trafficking. But there are few Cambodians formally trained for such work. That is now changing with the country’s first university-level degree program for social workers. When ...
Social Media Challenges ‘Official’ Version of Events
Seeing is believing—particularly in a country where the government controls the broadcast media and current affairs news, aired on pro-ruling party TV and radio, is often at odds with the country’s few independent media outlets. But in the aftermath of a violent clash between striking garment ...
Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/news/social-media-challenges-official-version-of-events-47012/
CPP Rallies to Hun Sen; NEC Says Early Poll Not Possible
CPP lawmakers have lined up behind their prime minister, Hun Sen, insisting in recent statements that a new election the opposition is demanding will never happen, and would not even be legally possible. Experts familiar with the law, however, said legislation does allow for fresh elections, ...
Kuch Naren and Zsombor Peter
http://www.cambodiadaily.com/news/cpp-rallies-to-hun-sen-nec-says-early-poll-not-possible-49602/
Factories Closed Until Safety Guaranteed
The Garment Manufacturers Association of Cambodia (GMAC) on Sunday said all of the country’s 400-plus garment factories will remain closed until the government and striking trade unions can guarantee the safety of the factories and all employees who want to work. The decision, outlined in an ...
Aun Pheap
http://www.cambodiadaily.com/news/factories-closed-until-safety-guaranteed-49749/
SUVs Block Pagoda to Keep Out Monks on Peace March
Harassment of monks and their supporters, who are marching to Phnom Penh to participate in International Human Rights Day rallies in the capital, continued Friday when three suburban utility vehicles were used to block the entrance to a pagoda in Kompong Speu province where marchers ...
Khy Sovuthy
http://www.cambodiadaily.com/news/suvs-block-pagoda-to-keep-out-monks-on-peace-march-48816/