Anti-fraud software firm draws major clients
A year after a local technology company introduced new software to combat financial crime in Cambodia, four banks have started using the system to fight against money laundering and terrorism financing, the company’s executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/anti-fraud-software-firm-draws-major-clients
Drive to improve agricultural value chains across ASEAN
A German group is pushing for an increase in sustainable agricultural value chains in ASEAN to improve rural people’s livelihoods. German International Cooperation (GIZ) yesterday hosted an online forum to discuss the issue. ...
Husain Haider
https://www.khmertimeskh.com/50829302/drive-to-improve-agricultural-value-chains-across-asean/
Top rice exporter gets more hi-tech
Amru Rice (Cambodia), one of the country’s leading rice exporters, has scaled up its BlocRice technology project to 500 households in two communities in Preah Vihear province. ...
Sok Chan
https://www.khmertimeskh.com/50747088/top-rice-exporter-gets-more-hi-tech/
Health sector on notice
Legal action will be taken against health institutes that offer a low quality of care, according to a directive issued by the Minister of Health last week, which also emphasized the importance of digital record keeping in the medical sector. ...
Mom Kunthear
http://www.khmertimeskh.com/news/26032/health-sector-on-notice/
50th microfinance institution launched in Cambodia
The Royal Microfinance institution launched its operations in Cambodia on Thursday, bringing the total number of micro-lenders in the kingdom to 50. ...
Xinhua team
http://www.khmertimeskh.com/news/15004/50th-microfinance-institution-launched-in-cambodia/
Cambodia mulls expressway development from capital to seaport, Vietnam
Cambodia is considering to develop two expressways in order to serve the growing extents of economy and trade, Tram Iv Tek, Minister of Public Works and Transport, said Tuesday. The first line will be from capital Phnom Penh to coastal Preah Sihanouk province in length of ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140527/cambodia-mulls-expressway-development-capital-seaport-vietna
Government to address prison issues
Prime Minister Hun Sen will allow the ministries of Interior and Justice, and relevant institutions to convene with the aim of solving the problem of prison overcrowding. Interior Minister Sar Kheng requested the meeting due to the rapid increase in convicted felons, according to Chin ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/government-address-prison-issues
Pirated Software May Threaten Garment Firms
Garment factories run the risk of having their cargo confiscated by U.S. customs authorities if they continue using pirated computer software in their administrative operations, and may be prosecuted under a law that requires all manufacturers to use licensed digital software, according to a local ...
http://www.cambodiadaily.com/business/pirated-software-may-threaten-garment-firms-28459/
Weighing risk and reward on construction sites
As the booming construction sector attracts more rural Cambodians to seek employment in the capital, the different working conditions between high-rises in urban areas and borey developments have factored into varying degrees of earning potential and living standards.According to estimates by the Ministry of Land ...
Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/weighing-risk-and-reward-construction-sites
Hun Sen Issues Directive for Payment of Civil Servant Salaries
Prime Minister Hun Sen has issued a directive for the ministries of Public Function and Finance to cooperate with state institutions to ensure that civil servants are paid by the fourth week of every month. The directive, signed by Mr. Hun Sen and dated January 29, ...
Joint Statement between the National Bank of Cambodia and the General Commissariat of National Police
On 27 January 2023, the National Bank of Cambodia issued a joint Statement between the National Bank of Cambodia and the General Commissariat of National Police.The National Bank of Cambodia and the General Commissariat of National Police request that citizens use the official financial services ...
National Bank of Cambodia
Cambodia, China's Guangxi sign deal to cement agricultural cooperation
Cambodia and China’s Guangxi Zhuang Autonomous Region on Tuesday signed a Memorandum of Understanding (MoU) on strengthening bilateral communication and cooperation in agriculture. The deal was inked between Lord Reasmey, secretary-general of Cambodia’s Ministry of Agriculture, and Zhang Mingpei, director- general of Department of Agriculture of ...
http://news.xinhuanet.com/english/china/2013-01/08/c_132088306.htm
SME registration up 1.6% at 43,974 in 2022
The number of small and medium enterprises (SMEs) registered at the Ministry of Industry, Science, Technology, and Innovation rose to 43,974 in 2022, a slight increase of 1.6 percent compared to a year ago. ...
Chea Vanyuth
https://www.khmertimeskh.com/501268091/sme-registration-up-1-6-at-43974-in-2022/
NBC warns against unlicensed deposit schemes
The National Bank of Cambodia issued a letter on Wednesday clarifying that only seven microfinance institutions (MFIs) are licensed to accept deposits from the public. The notification came after the central bank noticed several “rural credit operators” – institutions smaller than a typical MFI that ...
Hor Kimsay
https://www.phnompenhpost.com/business/nbc-warns-against-unlicensed-deposit-schemes
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 ...
Transparency NGOs Call for CPP to End Parking Corruption
A group of NGOs released a statement Thursday calling on the CPP government of Prime Minister Hun Sen to begin its program of promised post-election reforms by ending the practice of overcharging for motorcycle parking outside of local markets. The Affiliated Network for Social Accountability-Cambodia, a ...
Ben Sokhean and Alex Willemyns
http://www.cambodiadaily.com/news/transparency-ngos-call-for-cpp-to-end-parking-corruption-48213/
MFI launches 15 ATMs in Cambodia
Hattha Kasekar Limited (HKL), one of Cambodia’s largest microfinance institutions (MFI), plans to install 15 ATM machines to service its increasing number of depositors. It becomes the second MFI after Prasac in Cambodia to provide this service to its clients. ...
http://www.phnompenhpost.com/2012122760495/Business/mfi-launches-15-atms-in-cambodia.html
Govt sets up teams to monitor development works
The Royal Government of Cambodia (RGC) Saturday announced the establishment of working groups to monitor, review and evaluate the implementation of the development plans and strategic policies of the ministries and institutions based on the slogan ‘Strengthen and Organise Individual Home’. ...
Nhean Chamrong
https://www.khmertimeskh.com/501519498/govt-sets-up-teams-to-monitor-development-works/
Fake IDs make mockery of factory age rules
On a dusty highway on the edge of this port city, thousands of young women and a few hundred young men block evening traffic as they stream out of the New Star Shoes factory. ...
Jamie Elliott and Mech Dara
https://www.cambodiadaily.com/news/fake-ids-make-mockery-of-factory-age-rules-80492/
NBC issues prakas for riel loans
The National Bank of Cambodia (NBC) issued a prakas, or directive, last week instructing commercial banks and microfinance institutions to make out more riel loans to their customers, in a bid to promote the use of the national currency. The prakas, which took effect on Thursday, ...
Sok Chan
http://www.khmertimeskh.com/news/32828/nbc-issues-prakas-for-riel-loans/