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Banking Sector Sees Growth in First 9 Months

Profits at Cambodia’s largest banks continued to grow through the first nine months of the year as loan disbursals across the sector increased by about 30 percent compared to the same period in 2011, bankers said yesterday. Acleda Bank, the largest bank in the country, this week posted ...

$5 mil Smart fund launched for start-ups

Smart Axiata, Cambodia’s leading telecommunications company, yesterday launched a $5 million venture capital fund for digital service companies and start-ups in the country. The Smart Axiata Digital Innovation Fund aims to meet demands for cash and expertise as the number of Cambodian digital entrepreneurs increases rapidly. ...

Chea Vannak
http://www.khmertimeskh.com/news/37001/-5-mil--smart-fund-launched-for-start-ups/

ODC’s insight from The Asia Pacific Internet Governance Academy 2023

The Asia Pacific Internet Governance Academy (APIGA 2023) was scheduled for five days from 24-28 July 2023 at Hotel President, Seoul, South Korea. The APIGA originally started in 2016 with an aim to equip participants with the knowledge and skills to participate in Internet policy-making ...

Education ministry urged to investigate corruption in Oddor Meanchey school

The Cambodian Independent Teachers’ Association (CITA) called on Ministry of Education, Youth and Sports to investigate Tropang Brasat’s education officials who was accused of corruption. In a letter today to Education Minister Hang Chuon Naron, CITA said it received anonymous letters from teachers in Tropang Brasat ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=ZmMyODk2ZTNlODl

Cambodia urges upholding nuke-free status for SE Asia

Minister of Foreign Affairs and International Cooperation Prak Sokhonn stressed the importance of the Southeast Asia Nuclear Weapon-Free Zone (SEANWFZ) status and expressed his concern on the geopolitical tension and major power rivalry in the region. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/cambodia-urges-upholding-nuke-free-status-se-asia

Meta rejects recommendation to suspend Hun Sen for inciting violence

Meta rejected the recommendation of its Oversight Board to suspend former Prime Minister Hun Sen from the company’s platforms for inciting violence. Cambodian government officials celebrated the announcement and said Meta’s representatives are permitted to resume their work in the country. ...

Seoung Nimol and Leila Goldstein
https://cambojanews.com/meta-rejects-recommendation-to-suspend-hun-sen-for-inciting-violence/

Pilot training on map reading and using with high school teachers

In March 2019, Open Development Cambodia (ODC) and the Department of Information Technology (DIT) of the Ministry of Education, Youth and Sport (MoEYS) conducted an assessment workshop to collect inputs from high school teachers to understand the teachers’ knowledge and experience in map using and ...

Key stakeholders report Kingdom’s investment climate friendly, favourable

In a series of interviews conducted by a World Economic Forum team with key stakeholders across policymakers, firms, business associations and researchers, amounting to 41 separate entities,  firms have reported Cambodia as possessing a friendly investment and business environment. ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50691650/key-stakeholders-report-kingdoms-investment-climate-friendly-favourable

Cambodia’s economic activity up but education needs strengthening for long-term growth

Cambodia’s economic activity picked up in the first quarter of 2024, but the education sector, which sits at the center of development, needs to be strengthened. ...

Ly Rosslan
https://cambojanews.com/cambodias-economic-activity-up-but-education-needs-strengthening-for-long-term-growth/

Advancing Internet Governance in Cambodia: Highlights from IGF 2023

The ODC team is excited to share highlights from the Internet Governance Forum (IGF) 2023, where Open Development Cambodia’s team members (ODC), and advisory committee members of the Youth Internet Governance Forum Cambodia 2023 were in attendance. This significant event took place at Kyoto International ...

Agreement to Launch Digital School System “Wiki School” Signed

The National Institute of Education (NIE) and POSCAR Digital Co., Ltd. have entered a Memorandum of Understanding (MoU) to launch a digital school system, so-called Wiki school. ...

Khmer Times Staff
https://www.khmertimeskh.com/50927854/agreement-to-launch-digital-school-system-wiki-school-signed/

Business hub set to tackle key challenges before listing

The Phnom Penh Special Economic Zone has 77 tenants from nine countries and 80 per cent occupancy, but high electricity costs and corruption remain a drag on profits. The main issue is electricity costs, says PPSEZ chief executive Hiroshi Umaetsu. “If [electricity] goes from 19 ...

Charles Rollet
http://www.phnompenhpost.com/business-hub-set-tackle-key-challenges-listing

Gov't figures show Cambodia's mobile internet usage continues to rise

The number of people in Cambodia accessing the Internet from their mobile devices increased by 1.3 million during a 10-month period last year, though the number of mobile phone subscribers increased by just over 4,500 during the same period, according to figures released last week by the ...

Joshua Wilwohl
http://www.forbes.com/sites/joshuawilwohl/2016/02/25/govt-figures-show-cambodias-mobile-internet-usage-continues-to-rise/#144870ea5fb7

Kingdom licenses first round of new factories

Forty new factories received permission to operate in Cambodia during the first three months of this year, while 54 factories have applied for licenses and 21 are currently undergoing renewal procedures, according to a report released yesterday by the Ministry of Industry and Handicraft. ...

Post Staff
http://www.phnompenhpost.com/business/kingdom-licenses-first-round-new-factories

SIM card registration drive stalling

One month after the government announced a crackdown on unregistered mobile phone lines, retailers are still selling SIM cards without the required identification documents, and the major telecom companies have done little to curtail the practice.​ In a joint press conference on September 22, officials ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/sim-card-registration-drive-stalling

Garment sector grows another 13 pct: report

Cambodia’s garment and footwear exports grew by 13 per cent year-on-year in the first quarter of 2016, Chinese news agency Xinhua said on Monday, citing a report by the Ministry of Industry and Handicraft. ...

Post Staff
http://www.phnompenhpost.com/business/garment-sector-grows-another-13-pct-report

Factories create 12,000 new first-quarter jobs

Forty factories were registered during the first three months of the year, creating over 12,000 jobs, according to new data by the Ministry of Industry and Handicraft. ...

Post Staff
http://www.phnompenhpost.com/business/factories-create-12000-new-first-quarter-jobs

Monk congress won’t tackle child abuse

Despite recent high-profile cases of monastic child sex abuse, the organisers of a national conference for monks have left the issue off of the agenda, a move met with criticism yesterday by child protection advocates.At a press conference to launch the 24th congress of Buddhist ...

Jamie Elliott and Lay Samean
http://www.phnompenhpost.com/national/monk-congress-wont-tackle-child-abuse

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