Banking loans rise 11% to $58b from January to June
Up to 238.7 trillion riel or $57.8 billion worth of loans were disbursed by banks and financial institutions in the first half of 2023, the National Bank of Cambodia (NBC) shared in an X post this morning, noting its increase of 10.5 percent year-on-year. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/banking-loans-rise-11-to-58b-from-january-to-june
Unemployment rate to fall to 0.3 percent in 2023
Cambodia’s unemployment rate is expected to decline to 0.3 percent in 2023 from 0.4 percent last year, according to the latest figures released on Sunday by the labour ministry based on the data of the United Nations agency International Labour Organisation (ILO). ...
Kang Sothear
https://www.khmertimeskh.com/501354673/unemployment-rate-to-fall-to-0-3-percent-in-2023/
UNDP donates 31 electric vehicles to ministry
The United Nations Development Program (UNDP) has donated 30 electric motorbikes and a car to the Ministry of Public Works and Transport as part of efforts to promote the wide use of electric vehicles (EV) in the country, as four charging stations officially open. ...
Chhorn Raksmey
https://kiripost.com/stories/undp-donates-31-electric-vehicles-to-ministry
Ministries make haste on draft laws on natural resources
An inter-ministerial meeting was held on Monday at the Ministry of Interior to expedite the drafting of forest, fisheries and protected area laws to define the responsibilities of sub-national administrations, organisations and citizens in protecting, conserving and developing natural resources. ...
Hang Punreay
https://www.khmertimeskh.com/501129170/ministries-make-haste-on-draft-laws-on-natural-resources/
Prime Minister urges civil servants to increase efficiency
Prime Minister Hun Sen reminded all civil servants, especially commune council members, to continue to pay close attention to fulfilling their duties and responsibilities to serve the nation and the people. In particular, they should provide them with efficient services and avoid causing problems that ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/prime-minister-urges-civil-servants-increase-efficiency
Cambodia’s poverty rate halved in 2019
Rising non-farm earnings, such as tourism, garment and construction sectors, helped to cut Cambodia’s national poverty to 17.8 percent from 33.8 percent between 2009 and 2019, the World Bank’s latest poverty assessment report for Cambodia stated. ...
Kiripost staff writers
https://kiripost.com/stories/cambodias-poverty-rate-halved-in-2019
AIPA shares five policy issues with ASEAN leaders
Heng Samrin, President of the National Assembly of Cambodia and President of the 43rd General Assembly of ASEAN Inter-Parliamentary Assembly (AIPA), shared here yesterday afternoon five policy issues for the ASEAN leaders to consider at the ASEAN Leaders’ Interface with Representatives of AIPA, held in ...
Khmer Times Staff
https://www.khmertimeskh.com/501182496/aipa-shares-five-policy-issues-with-asean-leaders/
Laos urges Cambodia to boost long-lasting cooperation and ties
Laos has asked Cambodia to consider some areas to boost Cambodia-Laos long lasting cooperation. The request was made by Saysomphone Phomvihane, President of the National Assembly of the Lao People’s Democratic Republic, during a meeting with Say Chhum, President of Senate of Cambodia here in ...
Khmer Times Staff
https://www.khmertimeskh.com/501191840/laos-urges-cambodia-to-boost-long-lasting-cooperation-and-ties/
Cambodia, Malaysia team up on capital markets development
The Cambodian and Malaysian securities regulators are joining hands to facilitate better regulatory, supervisory and enforcement cooperation, as well as to develop both ASEAN nations’ securities markets, while factoring in the “growing globalisation and cross-border activities of regulated entities and persons in both countries”, according ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-malaysia-team-capital-markets-development
Cambodia-Indonesia trade logs nearly two-fold on-year increase
Indonesia was perhaps the brightest spot in Cambodia’s merchandise trade over January, with formal imports from and exports to the archipelago nation collectively clocking in at $88.045 million, marking a 95.87 per cent increase over the same month in 2022, according to Customs (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-indonesia-trade-logs-nearly-two-fold-year-increase
PM plans China visit to drum up investment
Prime Minister Hun Sen is scheduled to pay a state visit to China for talks on new infrastructure projects in Cambodia, including the Phnom Penh-Bavet Expressway. The visit will coincide with the 65th anniversary of the two nations’ bilateral relations. ...
Samban Chandara
https://www.phnompenhpost.com/national-politics/pm-plans-china-visit-drum-investment
Taipei re-indict alleged human traffickers after more victims rescued from Cambodia
The leaders of two rings that allegedly lured 88 Taiwanese nationals to Cambodia and forced them to participate in scams have been indicted for a second time by Taipei prosecutors after 30 more of their victims were rescued and returned to Taiwan. ...
Khmer Times Staff
https://www.khmertimeskh.com/501214477/taipei-re-indict-alleged-human-traffickers-after-more-victims-rescued-from-cambodia/
Election law amendment slated for NA review, vote
The National Assembly’s (NA) Commission on Legislation and Justice on June 20 endorsed a draft amendment to the election law, with no changes deemed necessary. The draft is likely to be reviewed and passed during the NA’s next plenary session, scheduled for June 23. ...
Kim Yutharo
https://www.phnompenhpost.com/national/election-law-amendment-slated-na-review-vote
Dengue cases on the rise, three times higher than last year
In the first seven weeks of the year, Cambodia had more than 750 cases of dengue fever, of which two were fatal. The increase was almost three times higher than the same period last year, according to the National Dengue Control Programme (NDCP). ...
Hang Punreay
https://www.khmertimeskh.com/501259572/dengue-cases-on-the-rise-three-times-higher-than-last-year/
‘How can we help grow your economy?’ Australia asks Cambodia
Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/how-can-we-help-grow-your-economy-australia-asks-cambodia
CBC’s CEO talks digitalization, alternative data and financial health checks
Cambodia cemented itself as a regional leader in the finance sector when the nation signed a deal with Singapore in March to exchange consumer credit information. This marked the region’s first cross-border initiative between two countries’ credit bureaus. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-cbcs-ceo-talks-digitalization-alternative-data-and-financial-health-checks
Royal Government plans to spend about $36 million to train young people from poor families
In 2024, the Royal Government of Cambodia planned to spend about $36 million on vocational training for young people from poor and vulnerable families across the country. This is according to the draft of the 2024 national budget, which was released by the Ministry of ...
Khmer Times Staff
https://www.khmertimeskh.com/501383846/royal-government-plans-to-spend-about-36-million-to-train-young-people-from-poor-families/
India says 50 percent of cyber-crime complaints have their origins from China, pockets of Cambodia and Myanmar
Around 50% of cyber-crime complaints received on the national cyber crime helpline every day have their origin in China and pockets of Cambodia and Myanmar, Rajesh Kumar, chief executive officer of Indian Cyber Crime Coordination Centre (I4C), Ministry of Home Affairs (MHA) said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501417767/india-says-50-percent-of-cyber-crime-complaints-have-their-origins-from-china-pockets-of-cambodia-and-myanmar/
Forest Administration team conduct wildlife survey
NatureLife Cambodia and O Rey Community Protected Area (CPA) collaborated with the national and provincial forest administration team and Hong Anh Lumphat economic land concession to study the presentation of wildlife in Hong Anh Lumphat economic land concession on 10 February 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501446894/forest-administration-team-conduct-wildlife-survey/
Gov’t forms working groups to implement public services
Two days after Prime Minister Hun Manet announced a budget of $450 million to upgrade the public services across the nation, the Royal Government of Cambodia (RGC) on Thursday officially kick-started forming working groups across 14 districts in the Capital to effectively buttress the public ...
Nhean Chamrong
https://www.khmertimeskh.com/501438198/govt-forms-working-groups-to-implement-public-services/