Cambodia’s electronic payment amount among highest in world
The amount of payments made via electronic system in Cambodia reached nearly 1,000 percent of the country’s Gross Domestic Product (GDP) in 2022, said a senior official of National Bank of Cambodia (NBC). ...
Kang Sothear
https://www.khmertimeskh.com/501319532/cambodias-electronic-payment-amount-among-highest-in-world/
Spokesman says closure of 3 more news websites due to dissemination of false information
Meas Sophoan, a spokesman for the Ministry of Information, claimed that the closure of The Cambodia Daily and the Kamnotra website was because they spread false information and have no regulations as a press. ...
Lay Sopheavatey
https://thmeythmey.com/?page=detail&id=128389
CCC, China’s ACFIC join forces to enhance investment ties
The Cambodian Chamber of Commerce (CCC) and the All-China Federation of Industry and Commerce (ACFIC) have announced the collaboration to strengthen investment ties between the two nations. ...
Chea Vanyuth
https://www.khmertimeskh.com/501495806/ccc-chinas-acfic-join-forces-to-enhance-investment-ties/
Cambodia, Hong Kong agree to foster mutual economic growth
The Council for the Development of Cambodia (CDC), the Hong Kong Special Administrative Region (HKSAR) of the People’s Republic of China and the Hong Kong Trade Development Council (HKTDC) Wednesday signed two memoranda of understanding (MoUs) to diversify the economy, develop private sector and foster ...
Nhean Chamrong
https://www.khmertimeskh.com/501533198/cambodia-hong-kong-agree-to-foster-mutual-economic-growth/
SERC, CGCC sign pact to promote issuance of guaranteed bonds
The Securities and Exchange Regulator of Cambodia (SERC) and Credit Guarantee Corporation of Cambodia Friday partnered to promote the issuance of guarantee bonds. ...
Chea Vanyuth
https://www.khmertimeskh.com/501551172/serc-cgcc-sign-pact-to-promote-issuance-of-guaranteed-bonds/
Hosting the 39th WAGGGS World Conference in 2026 reflects Cambodia’s capabilities and influence, says FAPW founder
Visiting Dr. JuseonByun, Founder of Friends of Asia Pacific World Association Girls Guides and Girls Scouts (FAPW), has congratulated the Kingdom of Cambodia on hosting the 39th WAGGGS World Conference in 2026, which reflects the capabilities and influence of Cambodia as well as the Asia ...
Khmer Times Staff
https://www.khmertimeskh.com/501387579/hosting-the-39th-wagggs-world-conference-in-2026-reflects-cambodias-capabilities-and-influence-says-fapw-founder/
Taiwan’s leading bank opens in Cambodia to boost trade
The China’s Taiwan leading bank, Mega International (ICBC), on September 30th, opened its first branch in Phnom Penh, aiming to attract more Taiwanese investors to Cambodia and boosting further business. “The Mega ICBC will bring capital investment injection into the economy of Cambodia, employment opportunities, upgrading ...
Firm to Offer Financing for Motorcycles
Thailand’s GL Finance Plc. launched its business in Cambodia on Friday by opening eight branches in Phnom Penh and Kandal province that will operate hire purchase operations out of Honda motorcycle dealership. Speaking during the opening ceremony for its branch in Phnom Penh’s Prampi Makara district, ...
Senator Offers Cash Compensation to Evictees
CPP Senator and business tycoon Ly Yong Phat last week continued to offer families in Koh Kong province cash compensation to get them to drop out of a lawsuit against two sugar cane plantations he once owned, according to villagers. But villager Phann Khly yesterday ...
Milled rice exports gaining traction
The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...
NGO, Boeung Kak activists offer solution
The Boeung Kak community and a land rights NGO yesterday released a proposed demarcation plan they say could solve the long-standing land dispute. In a map presented yesterday, villagers said they had agreed on a land division that would make room for 70 families locked out ...
http://www.phnompenhpost.com/2013050365397/National/ngo-b-kak-activists-offer-solution.html
Labour Law revision could hurt employers: GMAC
The Garment Manufacturers Association in Cambodia welcomed the approval of the amendment of article 89 of the Labour Law on worker protection and severance pay by the government on Friday, but the organisation’s head said the move could financially burden employers. ...
Mom Kunthear
https://www.khmertimeskh.com/50494469/labour-law-revision-could-hurt-employers-gmac/
Groups Demand Mandatory Minimum Wage, Threaten Protest
About 100 people, including 20 monks, held a ceremony in Phnom Penh on Friday in memory of the five people killed a week beforehand when military police opened fire on protesting garment workers, and demanded that the government introduce a mandatory, sector-wide standard minimum wage. In ...
Khy Sovuthy and Lauren Crothers
http://www.cambodiadaily.com/news/groups-demand-a-mandatory-minimum-wage-threaten-to-protest-50428/
First CPP National Assembly Plenary Session Set for Thursday
The National Assembly will hold its first plenary session meeting on Thursday since Prime Minister Hun Sen’s 68 members of parliament last month approved an Assembly president and chairpersons to head the body’s nine committees, and despite the opposition CNRP still refusing to take their ...
Hul Reaksmey
http://www.cambodiadaily.com/elections/first-cpp-national-assembly-plenary-session-set-for-thursday-44452/
Cambodian PM urges Chinese to invest in agricultural processing plants
Cambodian Prime Minister Hun Sen on Monday urged Chinese companies to focus their investments in processing plants for agricultural products in order to help increase the country’s productivity for exports. The premier made the suggestion during a meeting with a visiting Chinese delegation led by Wang ...
Xinhuanet News
http://news.xinhuanet.com/english/china/2013-10/28/c_132836976.htm
Motorcycles, Money Offered to SEZ Victims
Bavet city officials ordered a deputy village chief to offer two victims of the Feb. 20 shooting in Svay Rieng province cash or a motorcycle in return for them not filing a court complaint against the man who shot them inside a special economic zone. ...
Maid Company Offers Alternative to Migration
A new made-service company that claims to be the only one of its kind in Cambodia is offering an alternative employment option for the country’s many domestic workers who face insecure, and often abusive, workplace conditions overseas. Ming Hour Home Service, which opened in July, employs ...
Sides dig in over minimum wage
Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ...
http://www.phnompenhpost.com/2013031161866/National/sides-dig-in-over-minimum-wage.html
S'ville Port Likely to Miss Bourse Registration Date
An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...
Marchers to flout ban on protests
Hundreds of civil society representatives, garment workers and community groups are expected to take to the streets this morning to deliver petitions to foreign embassies calling on the government to release the 23 people arrested during garment worker strikes earlier this month and find justice ...
Kevin Ponniah and Cheang Sokha
http://www.phnompenhpost.com/national/marchers-flout-ban-protests