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Minister calls for cessation of sharing of violent videos

Minister of Information Neth Pheaktra has called on journalists and social media users alike to cease the sharing of images and videos which feature deaths or violent content, noting that the widespread posting of such content has the potential to cause emotional harm to survivors ...

Vong Daravady and Bor Pich Zelin
https://www.phnompenhpost.com/national/minister-calls-cessation-sharing-violent-videos

Cambodia’s first semester rubber exports amount to $215 million

Cambodia exported 135,137 tonnes of rubber in the first half of 2022, a 3 percent increase compared to the same period last year, earning $215 million as revenue, up 2.9 percent. ...

Khmer Times Staff
https://www.khmertimeskh.com/501113188/cambodias-first-semester-rubber-exports-amount-to-215-million/

Gov’t releases economic diversification report

The Council of Ministers released a summary report yesterday on key multi-sector achievements during the last five years from 2017 to 2021, which includes economic diversification of the country to showcase the Cambodian government’s continuous efforts to overcome obstacles and challenges, in particular, the Covid-19 ...

Kang Sothear
https://www.khmertimeskh.com/501125020/govt-releases-economic-diversification-report/

MB to set up commercial bank in Cambodia

The State Bank of Vietnam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100 percent-owned bank in Cambodia on the ground of its branch in Phnom Penh. ...

Khmer Times Staff
https://www.khmertimeskh.com/501116192/mb-to-set-up-commercial-bank-in-cambodia/

Gov’t to issue bonds for second time to borrow $50M from investors

The National Bank of Cambodia (NBC) will proceed with another auction process for the Ministry of Economy and Finance (MEF) to borrow about $50 million from investors for the second time of the government’s plan of issuance for a longer period of time of repayment ...

Kang Sothear
https://www.khmertimeskh.com/501154678/govt-to-issue-bonds-for-second-time-to-borrow-50m-from-investors/

Cambodian ministry signs MoU with private company on e-commerce cooperation

Cambodia’s Ministry of Commerce and Lanton Cloud Service Technology Co., Ltd. have signed a memorandum of understanding (MoU) on strategic cooperation to promote the kingdom’s e-commerce, said a ministry’s news release on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501239890/cambodian-ministry-signs-mou-with-private-company-on-e-commerce-cooperation/

Climate change worse threat than Ukraine war: Hun Sen

Prime Minister Hun Sen describes climate change as the single worst threat humanity faces today, predicting that – contrary to popular belief – the ongoing Russia-Ukraine conflict will end eventually through compromises. ...

Ry Sochan
https://www.phnompenhpost.com/national/climate-change-worse-threat-ukraine-war-hun-sen

PM pats GDT chief on back after record tax revenues

Prime Minister has congratulated General Department of Taxation (GDT) chief Kong Vibol on a job well done after the agency last year collected revenues equivalent to 122.54 per cent of the target set by the annual financial management law, in the “highest surplus of all ...

May Kunmakara
https://www.phnompenhpost.com/business/pm-pats-gdt-chief-back-after-record-tax-revenues

E-wallet payments nine times GDP: NBC

E-payment trends in Cambodia have significantly consolidated in recent years as more and more people transition from cash-based to digital transaction options, the National Bank of Cambodia (NBC) reaffirmed in a recent report. ...

May Kunmakara
https://www.phnompenhpost.com/business/e-wallet-payments-nine-times-gdp-nbc

‘Extremist’ groups seeking to sow chaos, Sar Kheng warns

Minister of Interior Sar Kheng appeals to all sides to continue to protect the Kingdom’s hard-won peace, claiming that “extremist” opposition groups are still attempting to sow chaos in society as a means of overthrowing the government. ...

Sok Raksa
https://www.phnompenhpost.com/national/extremist-groups-seeking-sow-chaos-sar-kheng-warns

Tax collection exceeds 22% of plan last year

The General Department of Taxation (GDT) at the Ministry of Economy and Finance collected $3.45 billion as income from taxes in 2022, which is equivalent to 122 percent of the target for the year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501222609/tax-collection-exceeds-22-of-plan-last-year/

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/

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