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Cambodia breaks Guinness world record for largest display of origami hearts

Cambodia’s display of origami hearts was included in the Guinness Book of Records on Tuesday as the world’s largest show of origami hearts, breaking the previous record held by Britain, a Guinness World Records adjudicator announced. ...

Khmer Times Staff
https://www.khmertimeskh.com/501272145/cambodia-breaks-guinness-world-record-for-largest-display-of-origami-hearts/

Serey: Central bank’s MoU with UnionPay not yuan agreement

National Bank of Cambodia deputy governor Chea Serey clarified on July 16 that a recent memorandum of understanding with China’s UnionPay was not an agreement to legalise the Chinese yuan in the Kingdom or the Cambodian riel in China. Rather, it permits mobile payments using ...

Sok Raksa
https://www.phnompenhpost.com/business/serey-central-banks-mou-unionpay-not-yuan-agreement

Spirits high after NBC’s prakas on capital rules

The National Bank of Cambodia’s (NBC) recent two-pronged prakas on capital buffers and the capital adequacy ratio (CAR) of banking and other deposit-taking institutions, which aims to provide a clearer classification system for assets, is poised to strengthen the industry and enhance risk resilience, local ...

May Kunmakara |
https://www.phnompenhpost.com/business/spirits-high-after-nbcs-prakas-capital-rules

Central bank's regulations to boost financial resilience in Cambodia

The National Bank of Cambodia (NBC) has announced the enforcement of regulations on capital buffer and on credit risk for capital adequacy ratios (CAR) for banks and deposit-taking microfinance institutions (MFIs). These measures aim to bolster the management of diverse risks, it said. ...

Sok Raksa
https://www.phnompenhpost.com/business/central-banks-regulations-boost-financial-resilience-cambodia

MoU strengthens technical and vocational internships

The Ministry of Labor and Vocational Training, Chamber of Commerce, and employers’ association signed a Memorandum of Understanding (MoU) to promote internship opportunities for vocational and technical training. ...

Kiripost staff writers
https://kiripost.com/stories/mou-strengthens-technical-and-vocational-internships

Cambodia exported 656,000 tonnes of cashew, earning $837 million in revenue in 2023

Cambodia exported $837 million worth of raw cashew nuts in 2023, a year-on-year decrease of 16.9 percent, according to the Cashew Nut Association of Cambodia’s report on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501420104/cambodia-exported-656000-tonnes-of-cashew-earning-837-million-in-revenue-in-2023/

New interior ministry HQ inaugurated

The Ministry of Interior’s new headquarters was officially inaugurated by Prime Minister Hun Manet on November 6. The facility was completed in just under two years, at a cost of approximately $60 million. ...

Post Staff
https://www.phnompenhpost.com/national/new-interior-ministry-hq-inaugurated

GDT calls for good tax culture in Cambodia

The General Department of Taxation (GDT) has asked garment, footwear, and travel goods (GFT) manufacturers and exporters to comply with the new tax law and also support promoting a good tax culture in Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501403662/gdt-calls-for-good-tax-culture-in-cambodia/

Some 1,300 underprivileged students enroll at NPIC

Since the official launch of the technical and vocational training programme for poor and vulnerable youths last month, some 1,300 young people have enrolled at the National Polytechnic Institute of Cambodia (NPIC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501412958/some-1300-underprivileged-students-enroll-at-npic/

Commerce chamber suggest Hungary open commercial office

The Cambodia Chamber of Commerce (CCC) has requested that the Hungarian government examine the possibility of establishing a commercial office in the Kingdom to expand Cambodia-Hungary trade and investment cooperation. ...

Ry Sochan
https://www.phnompenhpost.com/business/commerce-chamber-suggest-hungary-open-commercial-office

Press release on the self-declaration of installation and use of solar power systems

On 5 July 2024, the Electricity Authority of Cambodia issued a press release on the self-declaration of installation and use of solar power systems​ on thier official social media site.According to the press,​ the Electricity Authority of Cambodia has appealed to all consumers who have ...

Electricity Authority of Cambodia

Download: pdf

IMF chief pledges continued support to Cambodian reforms

The International Monetary Fund (IMF) Managing Director Christine Lagarde pledged Monday to continue providing technical assistance to Cambodia for financial and fiscal reforms. Speaking during a meeting with Cambodian Economy and Finance Minister Aun Porn Moniroth, Lagarde hailed Cambodia for sound macroeconomic management and fruitful cooperation ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/02/c_132935757.htm

Chong Phlas miners ordered to shutdown

Authorities in Mondolkiri province have given more than ten gold mining sites within the Chong Phlas Mining Community 15 days to shut down operations after concluding that they were not following the law. ...

Khy Sovuthy
https://www.khmertimeskh.com/50496723/chong-phlas-miners-ordered-to-shutdown/

Surrogacy law progresses

Interior Minister Sar Kheng is monitoring the progress of a draft law aimed at addressing the problem of surrogacy in the Kingdom, which is now being debated at the inter-ministerial level. Mr Kheng on Tuesday evening briefed Donica Pottie, Canada’s Ambassador to the Kingdom, on the ...

Taing Vida
https://www.khmertimeskh.com/50553934/surrogacy-law-progresses/

Four solar projects approved

The Council of Ministers on Friday approved four solar projects that will produce a combined 140 megawatts. The body convened last week to review a raft of new laws and investment proposals, which included the four solar projects. In a statement issued after the meeting, the ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50623720/four-solar-projects-approved/

City Hall says ID cards are free

City Hall issued a statement on Wednesday dismissing information that civil registration certificates, including ID cards, would include fees after the national election in July and asked authorities to find and punish those who spread the false information. ...

Pech Sotheary
https://www.khmertimeskh.com/50484344/city-hall-says-id-cards-are-free/

Trade union bill changes passed

The Council of Ministers approved draft amendments to 10 articles of the Law on Trade Unions without modification on Friday, leaving some unions disappointed and claiming that the majority of their suggestions had not been included. Articles 3, 17, 20, 21, 27, 28, 29, 54, ...

Long Kimmarita
https://www.phnompenhpost.com/national/trade-union-bill-changes-passed

Iranian couple from Nauru latest to leave Cambodia

An Iranian husband and wife are the latest refugees to return home after being resettled in Phnom Penh as part of an expensive deal between Cambodia and Australia, immigration officials said Monday. ...

Zsombor Peter
https://www.cambodiadaily.com/news/iranian-couple-from-nauru-latest-to-leave-cambodia-109551/

UN rights office voices concern at clampdown on political activism in Cambodia

The United Nations human rights office expressed concern today over a worsening climate for opposition politicians and activists in Cambodia, and stressed that the right to peaceful assembly and to freedom of expression belongs to all. ...

Big News Network Staff
http://www.bignewsnetwork.com/news/238122383/un-rights-office-voices-concern-at-clampdown-on-political-activism-in-cambodia

Foreign ministry investigating allegations of service passport

A Cambodian Monk in South Korea alleged that there are some officials in the Foreign and Interior Ministries illegally issuing service passports for Cambodian migrants in order to work in South Korea, according to video footage posted by a local media outlet on Monday. The ...

Ven Rathavong
http://www.khmertimeskh.com/news/21777/foreign-ministry-investigating-allegations-of-service-passport/

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