Cross-border payment services to be expanded
The National Bank of Cambodia (NBC) plans to expand its cross-border payment and transfer connections to China, Singapore and India this year. ...
Van Socheata
https://www.phnompenhpost.com/business/cross-border-payment-services-be-expanded
CPP and Chinese Communist Party vow to strengthen community-building of a common destiny
The Cambodian People’s Party (CPP) and the Communist Party of China (CPC) are committed to strengthening cooperation towards building a common Cambodian-Chinese community of destiny in the new era. ...
Khmer Times Staff
https://www.khmertimeskh.com/501354380/cpp-and-chinese-communist-party-vow-to-strengthen-community-building-of-a-common-destiny/
Cambodia’s exports to India rise by 43%
Cambodia’s exports to India reached $140.93 million in the first seven months of this year, registering an increase of 42.8 percent compared to the same period last year. ...
Manoj Mathew
https://www.khmertimeskh.com/501348223/cambodias-exports-to-india-rise-by-43/
Protecting against investment fraud in the securities sector
The SERC was established on October 19, 2007 under “Preah Reach Kram No. NS/RKM/1007/028”, which promulgated the “Law on the Issuance and Trading of Non-Government Securities”, as the sole authority to regulate, monitor and develop the securities sector in the Kingdom. ...
New investment law entices Hong Kong investors
Hong Kong investors are keen to explore investment opportunities in Cambodia and have pledged to introduce business potentials created by Cambodia’s new investment law and its sub-decrees to their colleagues back home. ...
Hin Pisei
https://www.phnompenhpost.com/business/new-investment-law-entices-hong-kong-investors
SERC: CamGSM securities application under review
The Securities and Exchange Regulator of Cambodia (SERC) is currently reviewing the application from CamGSM Plc, the nation’s largest locally-owned mobile operator, which seeks to issue debt securities (sustainable bonds). The move aims to secure around $20 million for network expansion and debt refinancing. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-camgsm-securities-application-under-review
Cambodia signs investment, development deals in China
Cambodia and China signed several high-level cooperation documents on October 17, during Prime Minister Hun Manet’s visit to Beijing for the 3rd Belt and Road Forum for International Cooperation from October 17-18. On the sidelines of the forum, Manet also met with several Chinese investors who ...
Van Socheata and Ry Sochan
https://phnompenhpost.com/national-politics/cambodia-signs-investment-development-deals-china
Kingdom seeks to boost foreign investment
Domestic stakeholders and economic experts are advocating for an enhanced investment climate to elevate Cambodia’s status and attract foreign direct investment (FDI) within ASEAN. Tan Monivann, vice-president of the Cambodia Chamber of Commerce (CCC), is currently attending the 43rd ASEAN Summit in Indonesia. He conveyed ...
Van Socheata
https://phnompenhpost.com/national/kingdom-seeks-boost-foreign-investment
Cambodia earns $278.6 million from milled rice export in January-August
Cambodia exported 401,699 tonnes of milled rice in the first eight months of 2023, earning a total revenue of $278.6 million, the Cambodia Rice Federation (CRF) said in a news release on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501357757/cambodia-earns-278-6-million-from-milled-rice-export-in-january-august/
PM: 7th mandate government to continue upholding “peace” as highest value
The Royal Government of the 7th Legislature of the National Assembly will continue to uphold “peace” as the highest value and adhere to the slogan “Thanks, peace” of former Prime Minister, Hun Sen. ...
Khmer Times Staff
https://www.khmertimeskh.com/501364829/pm-7th-mandate-government-to-continue-upholding-peace-as-highest-value/
GDCE officers warned against ‘informal’ fees
The General Department of Customs and Excise of Cambodia (GDCE) has issued a set of guidelines on September 20 to its officers, including contract staff, to carry out public service provisions responsibly and strictly adhere to administrative working hours in order to strengthen its effectiveness. ...
Hin Pisei
https://www.phnompenhpost.com/national/gdce-officers-warned-against-informal-fees
CDC encourages investment from Islam World members
Sun Chanthol, first vice-president of the Council of the Development of Cambodia (CDC), encouraged entrepreneur members of the Malay World Islam World (DMDI) to consider investing in the Kingdom, highlighting the many incentives in place to reward economic opportunities in the country. ...
Van Socheata
https://www.phnompenhpost.com/business/cdc-encourages-investment-islam-world-members
Cambodia permits projects worth over $140 million, including in textiles
The Council for the Development of Cambodia (CDC), which is Cambodia’s highest decision-making body for large-scale investments, has given the go-ahead to 17 investment projects involving a total of $141.72 million – plus or minus $0.805 million to account for rounding – that are expected ...
Khmer Times Staff
https://www.khmertimeskh.com/501145062/cambodia-permits-projects-worth-over-140-million-including-in-textiles/
E-payments to save MSMEs on costs: NBC
Digitising payments could bring substantial cost savings for micro-, small-, and medium-sized enterprises (MSME), not only by simplifying cash management processes but also reducing potential opportunities for misappropriation or corruption, according to the central bank chief. ...
May Kunmakara
https://www.phnompenhpost.com/business/e-payments-save-msmes-costs-nbc
Security issues may destabilise ASEAN: PM
Prime Minister Hun Sen has warned that rising regional and global security challenges could destabilise the ASEAN region if not properly managed. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/security-issues-may-destabilise-asean-pm
WHO to continue working with Cambodia on COVID-19 and other diseases
The World Health Organisation (WHO) is determined to continue working closely with the Royal Government of Cambodia (RGC) in combating the Covid-19 pandemic and other diseases such as malaria, hepatitis, hypertension, and so on. ...
Khmer Times Staff
https://www.khmertimeskh.com/501104932/who-to-continue-working-with-cambodia-on-covid-19-and-other-diseases/
Press release on the UNFPA 2022 annual review
On 27 October 2022, the Council for the Development of Cambodia issued a press release on the UNFPA 2022 annual review.On Thursday, October 27th 2022 at Cambodiana Hotel, His Excellency Mr. Rith Vuthy, Deputy Secretary General of Cambodian Rehabilitation and Development Board of the Council ...
Council for the Development of Cambodia
Draft 2023 financial law responds to post-pandemic economy
The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-draft-2023-financial-law-post-pandemic-economy
Youth group campaigns for refusal of plastics use
The Youth Resource Development Program (YRDP) launched a 4Rs campaign – Refuse, Reduce, Reuse and Recycle – with the slogan “refusal to use plastics starts with you” to urge youths and others to reduce their plastic use, which they believe is harmful to the health ...
Long Kimmarita
https://www.phnompenhpost.com/national/youth-group-campaigns-refusal-plastics-use
Press release on courtesy meeting with United Nations Population Fund (UNFPA)
On 16 September 2022, the Council for the Development of Cambodia issued a press release on courtesy meeting with United Nations Population Fund (UNFPA).On September 16th, 2022 at the Palais du Gouvernement, His Excellency Rith Vuthy, Deputy Secretary General of Cambodian Rehabilitation and Development Board ...
Council for the Development of Cambodia