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Hong Kong offers visa free travel to officials

Cambodian diplomats and a range of government officials can now travel to Hong Kong without a visa and stay for 14 days under a new exemption agreement with the commercial Chinese city, officials said. The new exemption took effect on June 1, according to a statement ...

http://www.phnompenhpost.com/2013061366237/Business/hong-kong-offers-visa-free-travel-to-officials.html

Phone card survey latest online scam

The Ministry of Interior’s department of information technology called on social media users to be cautious online and maintain their vigilance against a new scam by fraudsters who claim they will provide people with a 50,000 riel in phone card from H&M if they answer ...

Long Kimmarita
https://www.phnompenhpost.com/national/phone-card-survey-latest-online-scam

Unions’ house divided

A secret ballot yesterday failed to resolve garment union splits over what to demand at upcoming minimum wage talks, with at least one independent union rejecting the majority vote of $158 and vowing to put forward $178.The division came a day after Labour Ministry spokesman ...

Mom Kunthear and Shaun Turton
http://www.phnompenhpost.com/national/unions-house-divided

Donors Mum On Aid Forum Postponement

Cambodia’s foreign donors are staying largely mum about the government’s decision to indefinitely  high-level aid meeting, though one donor conceded that the move had caught it off guard. Economists also said yesterday that a delay in holding the donor meeting would have little effect, but ...

Cambodia says LDCs need more time for service industries

Cambodia is aiming to persuade all of the World Trade Organization’s (WTO) least developed country members to propose a further suspension of the opening of their service sectors to the WTO’s rich members as the 2013 deadline for the proposal draws nearer. The least developed countries ...

http://www.phnompenhpost.com/index.php/2012112659933/Business/cambodia-says-ldcs-need-more-time-for-service-industries.html

Judicial reshuffle: Top judiciary posts filled by Sihamoni

King Norodom Sihamoni yesterday shook up the composition of the Supreme Council of the Magistracy, officially instituting seven new members to the body overseeing the nation’s judiciary, while also disbarring one former prosecutor.​ ...

Chhay Channyda
http://www.phnompenhpost.com/national/judicial-reshuffle-top-judiciary-posts-filled-sihamoni

National competition showcases students' mechatronic skills

The Ministry of Education, Youth and Sports (MoEYS), Ministry of Economy and Finance Research Creativity and Innovation Fund (RCI Fund), and STEM Cambodia Organization have announced the winners of the first National Creative Mechatronic Product Design Competition for secondary school students. ...

Kiripost staff writers
https://kiripost.com/stories/cambodia-national-competition-showcases-students-mechatronic-skills

Cambodia marks Disability Day

Cambodia celebrated its 15th annual Cambodia Day of Persons with Disabilities and the 31st annual International Day of Persons with Disabilities, on Tuesday at the Phnom Penh Cultural Center. Prime Minister Hun Sen attended the event themed, “Removing barriers to create an inclusive and accessible ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MDNlNDA4NWNkZTM#sthash.KW36yrfM.dpuf

NBC receives 306 financial complaints last year

The National Bank of Cambodia (NBC) received 306 cases of complaints and enquiries from consumers of services provided by banks and financial institutions through its hotline numbers in 26 cities and provinces in 2022. ...

Kang Sothear
https://www.khmertimeskh.com/501225198/nbc-receives-306-financial-complaints-last-year/

Mfone transfer questioned

Although Mfone subscribers are due to transfer their accounts to Mobitel today, the Post has learned that telco provider Huawei Technologies (Cambodia) is still waiting for a court to rule on the legality of the transaction. Huawei’s lawyer, Kuoy Thunna, filed a letter late last month ...

http://www.phnompenhpost.com/2013020661207/Business/mfone-transfer-questioned.html

Proposed changes to reserve requirement meets controversy

A proposed increase in the reserve requirement would decrease lending and slow Cambodia’s economic growth, according to some bankers and experts.  The National Bank of Cambodia is set to hold a meeting later this month discussing a possible raise of the reserve requirement from 12 ...

http://www.phnompenhpost.com/index.php/2011080550887/Business/proposed-changes-to-reserve-requirement-meets-controversy.html

PRASAC increases share capital to US$20 million

PRASAC Microfinance Institution, celebrating its eighteenth anniversary this year in the Cambodia microfinance market, has increased its registered capital from 15-4 billion riel to 80 billion riel. The increase of the share capital has been authorized by the National Bank of Cambodia and the company is now amending its Articles of Incorporation. PRASAC’s share capital is ...

http://www.etmcambodia.com/blog.php?article=505

Kingdom lacks engineers: minister

Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...

http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html

Cambodia issues licenses to 2,606 new firms in 9 months, up 11 percent

Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...

http://www.globaltimes.cn/content/740110.shtml

Seed selection crucial, experts tell growers

Agricultural experts are urging Cambodian rice growers to choose seeds that can withstand drought and submersion in deep water in an attempt to make the country’s rice industry more competitive. Awareness of rice-seed selection was limited among farmers in the Kingdom, despite the importance of the ...

http://www.phnompenhpost.com/index.php/2012050255903/Business/seed-selection-crucial-experts-tell-growers.html

USAID provides $15 million to boost skilled digital workforce in Cambodia

USAID and University of California, Berkeley, yesterday launched a “Digital Workforce Development project” from USAID-funded initiative of $15 million that will give young Cambodians the skills to compete in the digital economy for five years. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501030664/usaid-provides-15-million-to-boost-skilled-digital-workforce-in-cambodia/

Press release on the setting of interest rate cap

On 13 March 2017, the National Bank of Cambodia (NBC) issued a press release on the setting of interest rate cap of 18 percent per annum for microfinance institutions, deposit-taking MFIs and licensed rural credit institutions to help the poor, curb over-indebtedness and reduce poverty, ...

National Bank of Cambodia

Download: pdf

Central bank poised to auction off 90B riel on July 25

The National Bank of Cambodia (NBC) is set to hold its 134th liquidity-provided collateralised operation (LPCO) on July 25, making 90 billion riel ($22 million) available to local financial institutions in need of liquidity, through an auction to buy US dollars. ...

May Kunmakara
https://www.phnompenhpost.com/business/central-bank-poised-auction-90b-riel-july-25

Japan to offer grant aid in support of cadastral surveying and land registration in Cambodia

Japan will provide Cambodia for JPY 1,338 million ($9.7 million) for the implementation of the project for the Establishment of a Nationwide Continuously Operating Reference Station Network, according to Cambodia’s Ministry of Foreign Affairs and International Cooperation’s press release and obtained by AKP today. ...

Khmer Times Staff
https://www.khmertimeskh.com/501381543/japan-to-offer-grant-aid-in-support-of-cadastral-surveying-and-land-registration-in-cambodia/

Digital learning in Ratanakiri to get drop-outs back to school

Plan International in cooperation with Ratanakiri’s provincial department of Education, Youth and Sport conducted teaching sessions for 5,400 drop out students to attend school and access formal education through the project “Enhancing Quality Learning for Out of School Children in Northeastern Cambodia (EQUAL)” by accessing ...

Tith Kongnov
https://www.khmertimeskh.com/501348210/digital-learning-in-ratanakiri-to-get-drop-outs-back-to-school/

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