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ICT federation launched in Cambodia

The Information and Communications Technology (ICT) Federation was inaugurated here on Thursday with an aim to advance Cambodia to a digital age, officials said. Speaking at the launching ceremony, Kan Chanmeta, secretary of state of the Ministry of Post and Telecommunication, said the federation would be ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=231571

Banks raise concerns for a new derivative trading law

The Association of Banks in Cambodia has called on the Securities and Exchange Commission to ensure that over-the-counter derivatives transacted by banks do not fall under the governance of the new draft prakas governing derivatives trading on Cambodia’s stock exchange. Speaking at a workshop in Phnom ...

Hor Kimsay
http://www.phnompenhpost.com/business/banks-raise-concerns-new-derivative-trading-law

The official launch of “Cambodia Garment, Footwear and Travel Goods (GFT) Sector Development Strategy 2022-2027″

On 21 March 2022, the Ministry of Economy and Finance issued a press release on the official launch of “Cambodia Garment, Footwear and Travel Goods (GFT) Sector Development Strategy 2022-2027″. Due to peace and political stability, competitive wages and production cost, preferential trade access, and ...

Ministry of Economy and Finance

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307 small nature tourism projects approved in September

The Ministry of Environment as of September 2022 has approved 307 small-scale ecotourism development projects covering 2,670 hectares in the Natural Resource Protection and Cambodia Biodiversity Conservation Corridor. ...

Sok Sithika
https://www.khmertimeskh.com/501161817/307-small-nature-tourism-projects-approved-in-september/

MISTI collects private sector inputs to strengthen MSME in industry 4.0

The Ministry of Industry, Science, Technology and Innovation (MISTI) organised a consultation workshop on “Business Skills Requirements in the Age of Industry 4.0,” on Wednesday. .. ...

Khmer Times Staff
https://www.khmertimeskh.com/501566127/misti-collects-private-sector-inputs-to-strengthen-msme-in-industry-4-0/

Online registration option to be rolled out to SMEs

The Ministry of Industry and Handicraft will introduce an online registration platform for Cambodia’s small- and medium-sized enterprises (SMEs) this year, a ministry official confirmed yesterday. Heng Sok Kong, secretary of state at the ministry, said the new software for web registration was built in partnership ...

Annie Lee
http://www.phnompenhpost.com/business/online-registration-option-be-rolled-out-smes

Labour’s 10 per cent rule

The Ministry of Labour has issued a prakas urging employers to follow existing regulations in the Labour Law that limit foreign workers to 10 per cent of the total workforce at any one company. It has warned that failure to stay within this limit – or ...

Sen David and Kevin Ponniah
http://phnompenhpost.com/national/labour%E2%80%99s-10-cent-rule

New forestry committee formed

The government has created a new national committee to tackle forest land clearing and grabbing. However, the move was immediately shot down by a prominent forest activist who said it would be ineffective, given the systemic collusion between the authorities and land grabbers. ...

Voun Dara
https://www.phnompenhpost.com/national/new-forestry-committee-formed

Government responds to UN human rights concerns

Government officials on Monday hit back at UN Human Rights Council (UNHRC) criticisms expressed ahead of the UN’s Universal Periodic Review (UPR) scheduled for next month.​ ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/government-responds-un-human-rights-concerns

Increased Chinese rice exports MoU to be signed at 2nd BRF

Prime Minister Hun Sen is set to sign a memorandum of understanding (MoU) on increased rice quotas with China at the 2nd Belt and Road Forum for International Cooperation in Beijing, according to a statement on Wednesday from the Ministry of Commerce. Minister of Commerce ...

Hin Pisei
https://www.phnompenhpost.com/business/increased-chinese-rice-exports-mou-be-signed-2nd-brf

Phnom Penh air quality levels disputed

The first readings of the capital’s PM2.5 concentration, a major indicator of air quality, show that levels of the harmful particulates are “still low”, said Thiv Sophearith, chief of the Ministry of Environment’s Air Quality, Noise and Vibration office, though an environmental specialist yesterday challenged ...

Jovina Chua
http://www.phnompenhpost.com/national/phnom-penh-air-quality-levels-disputed

Cambodia exports down 0.8 pct in first 9 months

Cambodia exported $16.94 billion worth of goods in the first nine months of 2023, a slight drop of 0.8 percent from $17.07 billion in the same period last year, said a General Department of Customs and Excise’s report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374605/cambodia-exports-down-0-8-pct-in-first-9-months/

Gov’t to borrow $300M from investors next month

The Ministry of Economy and Finance (MEF) Wednesday announced that it will borrow $300 million from the public and institutions by issuing its first three types of government bonds eight times from September to the end of this year. ...

Kang Sothear
https://www.khmertimeskh.com/501138957/govt-to-borrow-300m-from-investors-next-month/

Bank will offer loans to farmers

Chief Cambodia Specialized Bank, a subsidiary of a Hong Kong-based brokerage firm, will begin operations in Cambodia next month, its management said on Monday. Sokun Chakriya, head of marketing and sales at Chief Cambodia, said the bank aims to increase access to finance in Cambodia’s agricultural ...

Hor Kimsay
http://www.phnompenhpost.com/business/bank-will-offer-loans-farmers

Villagers want compensation for Lower Sesan 2 Dam construction

A group of eight villagers from Stung Treng and Ratanakkiri provinces facing displacement by the construction of the Lower Sesan 2 dam lodged a petition Thursday with the Chinese Embassy and three ministries demanding that the developer negotiate with them. “The affected families have never been ...

Kuch Naren
http://www.cambodiadaily.com/news/villagers-want-compensation-for-lower-sesan-2-dam-construction-52244/

Food safety draft law under study

The draft Law on Food Safety is now being studied by the Council of Ministers and is expected to be approved before the end of the year, government officials said. Tech Seak Ngon, general department of customs and excise deputy director, yesterday told a press ...

Mom Kunthear
https://www.khmertimeskh.com/50600367/food-safety-draft-law-under-study/

Latest malaria drug resistance sparks fears

A new study by the U.S. National Institutes of Health (NIH) has confirmed that resistance is growing to one of the key drugs being used to fight malaria in Cambodia, a situation likely to worsen and which could lead to a growing caseload in the ...

Zsombor Peter
https://www.cambodiadaily.com/news/latest-malaria-drug-resistance-sparks-fears-104930/

Bank of China to expand operations in Cambodia

Bank of China, one of the five biggest state-owned commercial banks in China, will expand its operations in Cambodia by opening new branches in Siem Reap and Sihanoukville, a local bank executive said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/bank-china-expand-operations-cambodia

Old habits put crops at risk: study

A new academic report has urged farmers in the northwest of the Kingdom to change their planting ways if they want to mitigate the detrimental impacts of climate change on their crops. ...

Erin Handley
http://www.phnompenhpost.com/national/old-habits-put-crops-risk-study

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