NBC and NSSF joining hands in investment management
The National Bank of Cambodia (NBC) and the National Social Security Fund (NSSF) have entered into a partnership on social security planning, investment management and human resource development. ...
May Kunmakara
https://phnompenhpost.com/business/nbc-and-nssf-joining-hands-investment-management
Deal on food investment signed with Australia
Cambodia and Australia have signed a memorandum of understanding (MoU) on the financing arrangements for an Agri-Food Investment Desk (AFID) at the Council for the Development of Cambodia (CDC), aimed at creating jobs and improving standards in farming. ...
Michael Firn
https://www.khmertimeskh.com/50944283/deal-on-food-investment-signed-with-australia/
Kingdom-Japan trade groups to step up cooperation
he Cambodia Chamber of Commerce (CCC) and Japan External Trade Organisation (Jetro) in Cambodia have agreed in-principle to examine the possibility of signing a memorandum of understanding (MoU) in the near future, to strengthen and deepen cooperation on investment and trade between the two nations. ...
Nov Sivutha
https://www.phnompenhpost.com/business/kingdom-japan-trade-groups-step-cooperation
Cambodia-Vietnam trade grows 13.6% in Q1
Bilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vietnam-trade-grows-136-q1
Application for 9th Global Youth Camp opens
Application for youths to participate in the Ministry of Education, Youth and Sport’s 9th Global Youth Camp is now open. ...
Torn Vibol
https://www.khmertimeskh.com/501342662/application-for-9th-global-youth-camp-opens/
RAC announce launch of modernised Khmer dictionary
The National Council for Khmer Language (NCKL) has announced the publication of an updated Khmer dictionary. Available in both book form and a digital format that can be used on mobile phones and computers, the compiling of the dictionary was completed last year. ...
Kim Yutharo
https://www.phnompenhpost.com/national/rac-announce-launch-modernised-khmer-dictionary
Cambodia sees soaring demand for electrical factory machinery
In the first nine months of 2023, Cambodia witnessed a substantial uptick in its imports of electrical machinery, equipment and related products from the international market, totalling more than $1.1 billion. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-sees-soaring-demand-electrical-factory-machinery-0
Hun Many lauds contributions to ‘successful’ Angkor Sangkran
Hun Many, president of the Union of Youth Federations of Cambodia (UYFC), said the three-day Angkor Sangkran event ended successfully, and left smiles on the faces of Cambodians everywhere. ...
Samban Chandara
https://www.phnompenhpost.com/national/hun-many-lauds-contributions-successful-angkor-sangkran
Cambodia, Malaysia team up on capital markets development
The Cambodian and Malaysian securities regulators are joining hands to facilitate better regulatory, supervisory and enforcement cooperation, as well as to develop both ASEAN nations’ securities markets, while factoring in the “growing globalisation and cross-border activities of regulated entities and persons in both countries”, according ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-malaysia-team-capital-markets-development
New loan agreement standard for financial industry breeds debate
A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June. But insiders and observers have expressed differing views on the precise provisions of the instrument, its potential effects on market competition, and ...
Rann Reuy
https://www.phnompenhpost.com/business/new-loan-agreement-standard-financial-industry-breeds-debate
ODC join Ministry of Posts and Telecommunication's workshop on capacity building for all post and telecommunication departments (Phase 2)
Picture from the Ministry of Post and Telecommunication facebook page on 28 April 2023.From 25th April to 27th May 2023, The Ministry of Posts and Telecommunications organized a series of workshops with the aim of providing capacity building to subnational government officers from all its ...
PM pushes for commercial, labour courts in next five-year mandate
Prime Minister Hun Sen requested that the Ministry of Justice prepare legal frameworks that will expedite the formation of dedicated commercial and labour courts. ...
Van Socheata
https://www.phnompenhpost.com/national/pm-pushes-commercial-labour-courts-next-five-year-mandate
Chinese-owned Kratie tyre plant gets CDC’s nod
Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ...
May Kunmakara
https://www.phnompenhpost.com/business/chinese-owned-kratie-tyre-plant-gets-cdcs-nod
GDT, GDCE revenues top $1.9B, pass 30% of 2023 goal
The finance ministry’s taxation and customs departments collectively netted $1.908 billion in revenues in the first quarter of 2023, marking just over 30 per cent of the full-year target, official figures show. ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-gdce-revenues-top-19b-pass-30-2023-goal
Foreign investments up $45.8b in Q1’23 - NBC
Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-nbc-foreign-investments-up
Chinese state firm in talks to take over rail project
With renovation work on the country’s dilapidated railway at a standstill, the Ministry of Public Works has entered into talks with a regional consortium backed by one of the largest firms in China to replace the railway’s current operator, officials said yesterday. Faced with a ...
Government Amends Anti-Money Laundering Law
The Council of Ministers on Friday approved a draft law amending three articles in the law on anti-money laundering and the financing of terrorism in order to make Cambodia more investment-friendly. Last month, the National Bank of Cambodia’s Financial Intelligence Unit (FIU), law enforcement officials ...
Ban on Thesis Topics Needed, Scholars Say
Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...
Angkor revenue up, tourists amount down
According to a new report by the Ministry of Tourism published yesterday, revenue from ticket sales to the Angkor Archeological Park reached $39.48 million in the first quarter of 2018, 28 percent higher than the corresponding period last year. Ministry data showed 854,584 tourists visited the ...
Sum Manet
http://www.khmertimeskh.com/50269499/angkor-revenue-up-tourists-amount-down/
Best tourism communities to be chosen in new contest
The Ministry of Tourism recently announced a new contest to find the best community-based tourism sites in the Kingdom and has called on villages and communities around the country to submit their application. ...
Chea Vannak
https://www.khmertimeskh.com/50492441/best-tourism-communities-to-be-chosen-in-new-contest/