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Banking and financial institutions disbursed $44.9 billion in loans, an increase of 23 percent

The National Bank of Cambodia (NBC) said that at the end of the third quarter of 2021, banking and financial institutions provided loans totaling 185.1 trillion riels or about $44.9 billion to agriculture, construction, manufacturing, services, wholesale and retail trade and household units. This accounted ...

Khmer Times Staff
https://www.khmertimeskh.com/50992206/banking-and-financial-institutions-disbursed-44-9-billion-in-loans-an-increase-of-23-percent/

Blockchain cited as boost to public trust in financial institutions

At this week’s 2020 Global Blockchain Policy Forum,  Assistant Governor and Director-General of Central Banking, National Bank of Cambodia (NBC) Chea Serey stressed the need for building public trust in financial institutions and how the new Bakong payment system and infrastructure, built on blockchain technology, ...

Jason Boken
https://www.khmertimeskh.com/783940/blockchain-cited-as-boost-to-public-trust-in-financial-institutions/

First crop of stevia is successful: company

Stevia Nutra Corporation, a Canadian agro-company, said in a press release on Friday that the initial growing season of stevia, commonly known as sweetleaf, in Cambodia was successfully completed. The first harvest of high-quality stevia leaves has now commenced and samples have been prepared for testing ...

http://www.phnompenhpost.com/2013031861981/Business/first-crop-of-stevia-is-successful-company.html

Cambodia begins first agricultural census

Cambodia’s first-ever agricultural census is under way, tasked with addressing the lack of reliable statistical information on one of  the Kingdom’s most crucial economic sectors. The census is being taken by the government with assistance from the UN’s Food and Agriculture Organisation (FAO) in two ...

http://www.phnompenhpost.com/2013041165027/Business/cambodia-begins-first-agricultural-census.html

Overarching problems hinder search for justice for abused women: BAKC

Despite the implementation of provisions to defend abused women and girls in 2021, the Bar Association of the Kingdom of Cambodia (BAKC) noted some challenges due to the lack of cooperation by relevant specialised state institutions. ...

Lay Samean
https://www.phnompenhpost.com/national/overarching-problems-hinder-search-justice-abused-women-bakc

Good weather proves savoury for salt farmers in Kampot

Kampot province has produced around 84,000 tonnes of salt so far this year to supply the domestic market, according to a report from the Salt Farms Bureau of the Kampot Provincial Department of Industry, Science, Technology and Innovation. ...

Sok Chan
https://www.khmertimeskh.com/50756098/good-weather-proves-savoury-for-salt-farmers-in-kampot/

Local gold sales spike following Brexit vote

Local shops dealing in gold reported a surge in activity following the United Kingdom’s vote on Friday to leave the European Union – a decision that pushed international gold prices up sharply as worried investors sought a safe-haven asset. ...

Hor Kimsay
http://www.phnompenhpost.com/business/local-gold-sales-spike-following-brexit-vote

Birds culled following death

More than 600 chickens in two villages in Banteay Meanchey province have been culled following the death of a girl from bird flu three weeks ago. The four-year-old died on July 20, only 10 days after showing symptoms of the disease, according to a joint ...

http://www.phnompenhpost.com/index.php/2011080150763/National-news/birds-culled-following-death.html

Border provinces request more energy from Thailand

Thailand had been asked to supply more electricity to those Cambodian provinces close to the shared border, according to officials. Suy Sem, Cambodian minister of Industry, Mine and Energy, talked to reporters after a bilateral meeting with his counterpart, Thai Minister Arak Chonlatanon last week, a ...

http://www.phnompenhpost.com/index.php/2012091758750/Business/border-provinces-request-more-energy-from-thailand.html

Japanese Bank to Sign Agreement With Acleda

One of the largest banks in Japan, Sumimoto Mitsui Banking Co., will sign an agreement with Acleda Bank Friday to share market data and banking services, Acleda announced yesterday. The deal would allow Sumimoto Mitsui, which currently only has a representative branch in Cambodia, to access ...

Sihanoukville port volume increases 15 per cent

The volume of cargo passing through the Sihanoukville Autonomous Port (SAP) rose 15 per cent in the first quarter of this year compared with the corresponding period last year. Experts say milled-rice exports and fuel imports contributed to the boost in activity. From January to March, ...

http://www.phnompenhpost.com/2013042465191/Business/sihanoukville-port-volume-increases-15-per-cent.html

Government’s Limits on Information Leaving Voters in the Dark

Reporters in Cambodia seeking statistics from government ministries and departments are used to being given the brush-off from time to time, but in the run-up to the July 28 national election, things appear to have worsened. The Council for the Develop­ment of Cambodia (CDC) has for ...

http://www.cambodiadaily.com/elections/governments-limits-on-information-leaving-voters-in-the-dark-34614/

Announcement on incentive mechanisms for voluntary business registration in the information and broadcasting sector

On 3 May 2024, Ministry of Commerce has decided to offer incentives for businesses registering voluntarily in the information and broadcasting sector. These incentives include a three-year exemption from public service duties for registered businesses and fine exemptions for businesses that have been operated but ...

Ministry of Commerce

Download: pdf

Two years after offer, US yet to clean up war-era chemicals

Government officials on Thursday said they are still waiting for the U.S. Embassy to make good on a 2012 offer to clean up several barrels of the riot control agent CS that were dropped on Cambodia during the U.S.’ war with Vietnam and which the ...

Zsombor Peter and Saing Soenthrith
http://www.cambodiadaily.com/news/two-years-after-offer-us-yet-to-clean-up-war-era-chemicals-64930/

Three tech-savvy women granted awards for innovation

Three women have been granted awards for their contributions to the technology sector in Cambodia. Fat Si Em, a transport and planning manager at a telecomm company, won the ICT Engineer Award; Long Leakhena, a businesswoman, won the Woman ICT Entrepreneur award; and Chan Penh ...

Malis Tum
https://www.voacambodia.com/a/three-tech-savvy-women-granted-awards-for-innovation/4287750.html

After poll, deposits at microfinance institutions down

Saving deposits at microfinance institutions (MFIs) this month decreased slightly from the average monthly amount because of a rise in withdrawals, industry officials said. Bun Mony, president of the Cambodia Microfinance Association (CMA), and the general manager at MFI Sathapana Limited, said many people have come ...

http://www.phnompenhpost.com/business/after-poll-deposits-microfinance-institutions-down

MFIs tackle over-indebtedness

Clients of microfinance institutions (MFIs) in the Kingdom can now expect some form of protection from over-indebtedness that arises from their inability to meet their financial obligations on time as agreed in a credit agreement. ...

Sok Chan
http://www.khmertimeskh.com/news/27142/mfis-tackle-over-indebtedness/

Hunger drops by nearly 50 percent since 2000

Cambodia has experienced the largest decrease in hunger since 2000 among countries with severe levels of hunger, according to a new report released by three international NGOs, and is close to qualifying as a nation of “moderate” concern. ...

Janelle Retka
https://www.cambodiadaily.com/news/hunger-drops-by-nearly-50-percent-since-2000-97457/

Cambodia to rear prawns in ‘third water’

Cambodian farmers will open three prawn farms this summer in the mountain region using Japanese technique of ‘third water’ for creating artificial river and seawater The artificial water is a blend of fresh water and a carefully measured mix of minerals, including salts of sodium, potassium ...

Far Eastern Agriculture News Staff
http://www.fareasternagriculture.com/index.php?option=com_content&view=article&id=3463:cambodia-to-rear-prawns-in-third-water&catid=1080&Itemid=97

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