Ministry to push quality control
The Ministry of Industry and Handicrafts (MIH) has started a laboratory and a department to check on the quality and safety of local products to be exported, state news agency AKP reported yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/37270/ministry-to-push-quality-control/
IT sector stumbles on skills gap
Cambodia’s nascent information technology (IT) sector faces an enormous skills gap that is slowing the industry’s development, increasing costs for businesses and affecting the competitiveness of firms in the Kingdom, according to a report released yesterday. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/it-sector-stumbles-skills-gap
Senior Interior Ministry official asks China to help teach digital skills to ministry officials
A senior official of the Ministry of Interior requested the Chinese side provide digital skills training to Ministry of Interior officials, especially officials of the General Department of Digital Technology and Education, which has just been established in the seventh mandate. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359147/senior-interior-ministry-official-asks-china-to-help-teach-digital-skills-to-ministry-officials/
ICT Federation overhauled
Trying to stay in sync with Cambodia’s rapid information and communication technology (ICT) growth, the Kingdom’s ICT Federation has been overhauled and is now fully chaired by industry insiders. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/ict-federation-overhauled
Strong growth projected for Cambodia’s banking sector
National Bank of Cambodia (NBC) governor Chea Chanto said on Monday that the Kingdom’s economy has maintained robust growth with low and manageable inflation which paves a favourable path for the banking sector’s continuous development. Meanwhile, fintech is playing an important role in the financial ...
May Kunmakara
https://www.phnompenhpost.com/business/strong-growth-projected-cambodias-banking-sector
NBC’s digital payments to go live in next few months
The National Bank of Cambodia (NBC) will launch a Blockchain-based, peer-to-peer payment and money transfer platform in the next few months, its director-general Chea Serey told The Post on Monday. Dubbed ‘Project Bakong’, the scheme already has the support of 11 banks, with many more ...
May Kunmakara
https://www.phnompenhpost.com/business/nbcs-digital-payments-go-live-next-few-months
Financial firm consolidation will boost industry resilience, says NBC governor
Witnessing the merger between PRASAC Minority Depository Institution (MDI) and Kookmin Bank Cambodia, the Governor of the National Bank of Cambodia (NBC) Chea Serey expressed hope to see more consolation happening in the industry to boost its resilience and efficiency. ...
Nhean Chamrong
https://www.khmertimeskh.com/501446574/financial-firm-consolidation-will-boost-industry-resilience-says-nbc-governor/
Fintech points the way to full financial inclusion for Cambodians
With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. ...
Husain Haider
https://www.khmertimeskh.com/50809969/fintech-points-the-way-to-full-financial-inclusion-for-cambodians/
PM, Huawei regional chief talk IT development
Prime Minister Hun Sen has called on Chinese tech giant Huawei to continue to cooperate with the Ministry of Post and Telecommunications on training the local workforce and help Cambodia procure the latest technology to ensure cyber security and competition. ...
Hin Pisei
https://www.phnompenhpost.com/business/pm-huawei-regional-chief-talk-it-development
MPTC asks Japanese Assoc to open digi-tech school in Cambodia
The Minister of Posts and Telecommunications Chea Vandeth requested a Japanese association to open a digital technology training school in Cambodia for highly skilled Cambodians to work in Japan and participate in national development. ...
Hang Punreay
https://www.khmertimeskh.com/501397176/mptc-asks-japanese-assoc-to-open-digi-tech-school-in-cambodia/
Xayaboury dam simulation model unveiled
Scientists and international experts fine-tuning the design of the Xayaboury dam have unveiled a scale model of the planned run-of-river structure to ensure the most efficient level of sediment flushing. The 1:120 scale model simulates actual hydrologic flows and water velocities in the Mekong River at ...
Minister Hun Many vows to strengthen civil service
Minister of Civil Service Hun Many is committed to reforming and strengthening the public administration effectively and efficiently, as well as promoting and modernising public institutions in line with the Pentagon Strategy. ...
Torn Vibol
https://www.khmertimeskh.com/501351359/minister-hun-many-vows-to-strengthen-civil-service/
Kingdom’s prospects for fintech discussed
While financial technology, or fintech, has made little traction so far in Cambodia, panellists at a conference in Phnom Penh on Friday expressed confidence that the sector was poised for rapid growth. ...
Robin Spiess
http://www.phnompenhpost.com/business/kingdoms-prospects-fintech-discussed
Local startup is selected for fintech accelerator program
A Cambodian startup was selected to take part in Startupbootcamp’s three-month fintech accelerator program in Singapore, becoming the second firm from the Kingdom to join the international program in as many years. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/local-startup-selected-fintech-accelerator-program
Cambodia ‘among lowest in the world for tech startups’
Cambodia ranked number 176 in the world in an index measuring the best places in the world to launch a tech startup, according to the first Draper Innovation Index (DII). ...
Husain Haider
https://www.khmertimeskh.com/50832303/cambodia-among-lowest-in-the-world-for-tech-startups/
Haystack Asia Acquires KhmerDev
Investment capital firm Haystack Asia has acquired KhmerDev, an information technology company which was the first French-speaking IT service provider in Cambodia when it launched in 2001. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50832226/haystack-asia-acquires-khmerdev/
Cambodia at ‘high’ risk of Zika outbreak in 2017
Amid reports of the emergence of the Zika virus in Myanmar and the discovery of the first birth defect believed linked to the virus in Vietnam, two researchers with Phnom Penh’s Pasteur Institute have concluded that Cambodia is at high risk of its own Zika ...
Yesenia Amaro
http://www.phnompenhpost.com/national/cambodia-high-risk-zika-outbreak-2017
PM orders another logo change
Prime Minister Hun Sen yesterday ordered microfinance institute (MFI) Prasac, one of the largest in Cambodia, to change its logo immediately for fear that the public may confuse it as representing the government. ...
Sok Chan
http://www.khmertimeskh.com/news/35753/pm-orders-another-logo-change/
Banking shows steady growth
Cambodia’s financial sector saw healthy growth last year with increased deposits and profits amid slower credit growth, reflecting sustainable development and increased public confidence in the sector, according to a recently released central bank report. ...
Hor Kimsay and Matthieu de Gaudemar
http://www.phnompenhpost.com/business/banking-shows-steady-growth
Expert urges gov’t to save site
An archaeologist is pleading the government to save an Angkorian-era canal before the work of brick makers completely erases the site. Built nearly 1,000 years ago, the 120-kilometre stone channel was used to transport building materials from a quarry to Angkor Wat, according to archaeologist Thuy ...
Phak Seangly
http://phnompenhpost.com/national/expert-urges-gov%E2%80%99t-save-site