CDC okays $2.38B of projects in Jan-Feb
The Council for the Development of Cambodia (CDC) has in the first two months of this year announced its approval of final registration certificates for 37 investment projects worth about $2.38 billion, an indication of significant progress in economic recovery as Covid-19 wanes. ...
Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-238b-projects-jan-feb
Three finance sector bodies roll out new conduct code
Three finance industry associations have jointly developed a new code of conduct aimed at ensuring transparency, building trust and strengthening customer protection in the Kingdom’s banking and finance sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/three-finance-sector-bodies-roll-out-new-conduct-code
Ministry of Environment signs MoU on digital technology
The Ministry of Environment, Siemens Digital Industries Software, Institute of Technology of Cambodia, Cambodia Academy of Digital Technology and Steaming Cambodia signed three Memorandums of Understanding (MoU) yesterday at the Ministry of Environment. ...
Son Minea
https://www.khmertimeskh.com/501061780/ministry-of-environment-signs-mou-on-digital-technology/
EnergyLab Cambodia to organize electric mobility showcase 2023 this week
The Electric Mobility Showcase 2023 is going to be held on August 11 at the Institute of Technology of Cambodia in Phnom Penh with the participation of 16 electric vehicle (EV) companies. ...
Khmer Times Staff
https://www.khmertimeskh.com/501340241/energylab-cambodia-to-organize-electric-mobility-showcase-2023-this-week/
Cambodia, Laos ink MoU for securities market development
The Securities and Exchange Regulator of Cambodia (SERC) signed a Memorandum of Understanding (MoU) with the Lao Securities Commission office (LSCO) to collaborate in the regulation and development of securities markets in both countries, said an official. ...
Kang Sothear
https://www.khmertimeskh.com/501342653/cambodia-laos-ink-mou-for-securities-market-development/
Cambodian authorities deport over 1,000 foreign nationals
In the first six months of this year, Cambodian authorities deported more than 1,000 foreign nationals living illegally in Cambodia. The deportations were made to ensure the safety of citizens and prevent cross-border crimes. ...
Hang Punreay
https://www.khmertimeskh.com/501344960/cambodian-authorities-deport-over-1000-foreign-nationals/
SEZs drive $26B exports since 2011
Cambodia has 24 special economic zones (SEZ) operating from 2016 to the end of the first half of 2023, with capital investment of $8.1 billion, mainly in sectors such as garment, footwear and travel products, auto parts, electronics, car tyre manufacturing, automotive and bicycle assembly. ...
May Kunmakara
https://www.phnompenhpost.com/business/sezs-drive-26b-exports-2011
CDC approves investment of $256.56 million, ‘27K new jobs’
The Council for the Development of Cambodia (CDC) approved 26 private ventures in September, totalling an investment of $256.65 million, projected to create 27,262 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-investment-25656-million-27k-new-jobs
Online biz registrations surging
The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging
New PM urges Royal Government to commit to nation’s success
Kitti Tesaphibal Bindit Hun Manet, Prime Minister of the Kingdom of Cambodia, requested his colleagues in the Royal Government to do their utmost to fulfill this noble national mission to achieve the glorious new mandate given by the people through elections. ...
Khmer Times Staff
https://www.khmertimeskh.com/501348610/new-pm-urges-royal-government-to-commit-to-nations-success/
Food and beverage processing SMEs show remarkable growth
The number of small and medium enterprises (SME) in food and beverage processing saw a remarkable increase, using raw materials of agriculture to the finished products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501348064/food-and-beverage-processing-smes-show-remarkable-growth/
Cambodia attracts $3.76 billion investment in Q3
Cambodia attracted a fixed-asset investment of almost $3.76 billion in the three-quarter period of this year, up 8.6 percent from $3.46 billion over the same period last year, according to the Council for the Development of Cambodia (CDC) report on Saturday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501373254/cambodia-attracts-3-76-billion-investment-in-q3/
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/
Some 100 rare fish released into Mekong
The Wonders of the Mekong project and the National Fisheries Administration – in collaboration with the Fisheries Administration in Stung Treng province – released 100 endangered fish into the Mekong River on May 16, said a Fisheries Administration official. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/some-100-rare-fish-released-mekong
Tina suggests exploration of Israeli market
Agriculture minister Dith Tina asked Yaron Tamir, the CEO of Israeli agricultural capacity-building company Agrostudies, to examine the possibility of importing Cambodian agricultural products into Israel. ...
Van Socheata
https://www.phnompenhpost.com/national/tina-suggests-exploration-israeli-market
OBRS listing nears 34,000, $10B capital
The total number of companies enrolled through the Online Business Registration System (OBRS) via IT Platform phase I – commonly known as Single Portal – had reached almost 34,000 as of February 25, as reported by OBRS. ...
Hin Pisei
https://www.phnompenhpost.com/business/obrs-listing-nears-34-000-10b-capital
Cambodia hosts the fourth senior officials’ talks with Australia with fruitful outcomes
Senior officials from the Ministry of Foreign Affairs and International Cooperation of Cambodia and Foreign Affairs and Trade of Australia have co-chaired the fourth Senior officials Talks (SOTS) between the two countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501474353/cambodia-hosts-the-fourth-senior-officials-talks-with-australia-with-fruitful-outcomes/
Deal inked to introduce financial literacy to curriculum
The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include the third phase of Embedding Financial Literacy into the school curriculum to raise awareness and improve student capability in financial management as the economy evolves. ...
Mao Sreypich
https://kiripost.com/stories/deal-inked-to-introduce-financial-literacy-to-curriculum
Cambodia mulls DTA talks with seven countries
Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...
Chea Vanyuth
https://www.khmertimeskh.com/501475836/cambodia-mulls-dta-talks-with-seven-countries/
Pyrotechnics pariahs for New Year festivities
Authorities have vowed to seize fireworks and punish anyone caught letting off explosives as Lunar New Year celebrations get under way today. The warning by the Phnom Penh municipality came as the Interior Ministry revealed plans to station more than 20 fire trucks around the city ...
Mom Kunthear
http://www.phnompenhpost.com/pyrotechnics-pariahs-new-year-festivities
