Cambodia records sharp rise in digital payment in 2022: report
Cambodia has seen a significant rise in mobile payments as more people transition from cash-based to digital transaction options, according to a recent report by the National Bank of Cambodia (NBC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501297426/cambodia-records-sharp-rise-in-digital-payment-in-2022-report/
Cambodian mangoes now gaining popularity across Russian markets
Cambodian mangoes are gaining popularity across Russian markets offering a boost to the Kingdom’s agricultural sector, according to a representative of an agriculture firm that exports Cambodian mangoes to Russia and Central Asia. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501427846/cambodian-mangoes-now-gaining-popularity-across-russian-markets/
Import of petrol, diesel up 23 percent to $1 billion
Cambodia’s imports of petroleum and diesel were up 23 percent to $1.06 billion in the first five months this year, according to a report from the General Department of Customs and Excise (GDCE). ...
Chea Vanyuth
https://www.khmertimeskh.com/501509730/import-of-petrol-diesel-up-23-percent-to-1-billion/
Growth in vehicle sales fuelled by bank loans, dealers say
Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, ...
Tycoon lands surprise
Mong Reththy, former advisor to Prime Minister Hun Sen has said that investors should use local residents on their land concessions rather than evicting them and hiring outsiders. According to a US diplomatic cable released by WikiLeaks Mr. Reththy is “Hun Sen’s Money Man” and ...
http://www.phnompenhpost.com/index.php/2011072850694/National-news/tycoon-lands-surprise.html
Moody's offers update on Kingdom's credit outlook
Improved fiscal management and preparation for a decline in foreign aid would help increase Cambodia’s credit rating, according to a quarterly credit opinion from Moody’s Investor Service, which maintained a stable outlook for the country. Reduced exposure to crisis and stagnation in Western economies, continued foreign ...
Settle Disputes, Or Lose Land, Hun Sen Warns
Prime Minister Hun Sen on Friday once gain warned owners of economic land concessions to resolve disputes with villagers living on the land or risk having their licenses revoked, according to a statement from the Council of Ministers. The prime minister, following up on similar ...
Jarai man gets day in court
A Ratanakkiri Provincial Court prosecutor yesterday summoned an ethnic minority Jarai man in O’Yadav district to explain to the court his allegations that local authorities had threatened to kill him for exposing a land-sale corruption racket. Romas Chhvang, 45, filed a complaint to the court at ...
http://www.phnompenhpost.com/index.php/2011111552760/National-news/jarai-man-gets-day-in-court.html
Mining revenues questioned
The Ministry of Industry, Mines and Energy earned US$1.52 million in non-tax revenues in 2011, a figure that an opposition lawmaker said was far lower than the actual revenues brought in on mining licences. The intake was more than 15 per cent higher than in 2010, ...
http://www.phnompenhpost.com/index.php/2012032255187/Business/mining-revenues-questioned.html
Exports to EU show promise
Cambodia’s exports to the European Union increased by 40 per cent to a total value of US$1.3 billion in 2011, according to European Trade Commissioner Karel De Gucht, who is in Phnom Penh for the ASEAN-EU Business Summit. “I think it is fair to say ...
http://www.phnompenhpost.com/index.php/2012040255365/Business/exports-to-eu-show-promise.html
Government reshuffles coastal managemet committee members
The government reshuffled members of the National Committee for Coastal Management and Development in late January, according to a government statement received by The Post on Tuesday. Prime Minister Hun Sen continues to serve as the committee’s honorary president, while Minister of Land Management, Urban ...
Khorn Savi
https://www.phnompenhpost.com/national/government-reshuffles-coastal-managemet-committee-members
City Hall to provide free buses for Pchum Ben exodus
City Hall has announced that it will provide free buses for the public to travel from Phnom Penh to 17 provinces for Pchum Ben later this month. According to a statement by Phnom Penh Governor Khoung Sreng issued on Friday, Prime Minister Hun Sen has ordered ...
Ly Livsier
https://www.khmertimeskh.com/50639676/city-hall-to-provide-free-buses-for-pchum-ben-exodus/
Kingdom’s rubber exports bounce high in first half
Cambodian rubber exports surged 21 percent during the first half of the year, compared to the same period last year, the Ministry of Agriculture said on Sunday. Local producers exported 84,419 tonnes of rubber during the first six months of this year, an increase of ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdoms-rubber-exports-bounce-high-first-half
Minimum wage for 2019 set to be decided
Garment and textile factory workers are set for an increase in the minimum wage for 2019. The Labour Advisory Committee will decide on Friday how much the figure will rise by after a trilateral meeting on Thursday failed to come to an agreement. With no ...
Kong Meta
https://www.phnompenhpost.com/national/minimum-wage-2019-set-be-decided
New airport study set for 2019
A feasibility study on the construction of a new airport in the Kingdom will be launched later this year, according to a Ministry of Tourism spokesman on Monday. The plan was approved last week in a meeting held by the Ministry of Economy and Finance ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/new-airport-study-set-2019
Youths encouraged to become engineers
Senior government officials said yesterday that Cambodia needs about 35,000 engineers between 2018 and 2020 to serve in several sectors. Pich Sophorn, secretary of state at the Labour Ministry and also vice chairman of the Board of Engineers Cambodia, said yesterday at the board’s annual ...
Mom Kunthear
https://www.khmertimeskh.com/50484406/youths-encouraged-to-become-engineers/
China provides electronic equipment, cars to Senate
The Chinese government yesterday provided hundreds of thousands of dollars of cars and electronics to the Senate. According to a Senate statement, a handover ceremony was presided over by second vice president Tep Ngorn and Li An, an economic and trade adviser with the Chinese ...
Khy Sovuthy
https://www.khmertimeskh.com/50614246/china-provides-electronic-equipment-cars-to-senate/
'Room for improvement' in land dispute resolution process
Cambodia continues to lack an effective way to resolve land disputes, which remain a major destroyer of livelihoods for many families, according to a study released by the NGO Forum yesterday.The study examines 26 sample villages in Battambang, Kampong Speu, Pursat and Kampong Chhnang provinces, ...
Pech Sotheary
http://www.phnompenhpost.com/national/room-improvement-land-dispute-resolution-process
Mobile money transfer heats up
True Money, a new entrant to Cambodia’s growing mobile money-transfer market, said yesterday it will start operations across the Kingdom from January 1, with the first phase focusing only on local transfers, according to a company official.The money-transfer service, which comes under the Thailand-based Charoen ...
Kun Kourchettana
http://www.phnompenhpost.com/business/mobile-money-transfer-heats
Aeonts wins Cambodia licence
The Cambodian hire-purchase subsidiary of Aeon Thana Sinsap (Thailand) or Aeonts has become the first Japanese financial firm to receive a specialised bank licence to do credit-card business in the neighbouring country, according to a statment to the Stock Exchange of Thailand Aeon Microfinance (Cambodia), ...
Darana Chudasri
http://www.bangkokpost.com/news/asean/756956/aeon-wins-cambodia-licence