The central bank’s decision to stop issuing new business licences to microfinance deposit-taking institutions (MDI) and encourage mergers among existing banking and financial institutions is a viable strategy that will help strengthen the Cambodian financial sector and is in line with current economic growth trends, ...

Business should embrace digital strategies that can improve the speed and efficiency of human resource management activities, speakers at a conference on the impact of digital transformation on human resources said yesterday. ...

Huawei Technologies held an event to sign a memorandum of understanding (MOU) with the American University of Phnom Penh (AUPP) and its Center for Leadership and Professional Development (CLPD) at the AUPP campus yesterday. The MOU was to work towards new digital technology projects and ...

Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual ...

The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...

The Director General of Immigration, Lt. Gen. Sok Veasna, has instructed the officers at the international gates to continue to improve their technical skills, technology and foreign languages to make it easier to work quickly. ...

The number of posts involving child sexual assaults from Cambodia last year was discovered to be around 220,000, which is still a problem even if it is down more than 100,000 cases from 2021. ...

Cambodia aims to achieve high-income status by 2050 through a rapid shift from traditional to more inclusive and sustainable growth, using science and engineering. ...

Cambodia’s new Traffic Law has been a runaway success for road safety, Interior Minister Sar Kheng claimed yesterday, hours after a collision between two trucks carrying garment workers left two dead and nearly 60 injured.   ...

Minister of Education, Youth, and Sport Hang Chuon Naron has decided to temporarily suspend the setting up of new private educational institutions, especially in Phnom Penh, while studying how teacher migration to these establishments is affecting the quality of public schools. ...

King Norodom Sihamoni issued a Royal Decree granting the status of professors in the field of education to 276 teachers,from eight educational institutions, to increase work efficiency and as an incentive. ...

The Ministry of Environment has announced its support for a new 10-megawatt solar power development project in the coastal province of Kep to be spearheaded by the Global Green Growth Institute (GGGI), a South Korea-based organisation set up by the UN in 2012 to chart ...

Prime Minister Hun Sen has urged all state institutions and schools to promote the “Thank you peace” slogan so that Cambodians will appreciate how precious peace is when it is attained. He said the slogan was not meant to oppose any group but rather to ...

A senior military official said on Sunday that the Ministry of National Defence had found almost 100 military personnel with the title “oknha”. He told The Post that the ministry was preparing procedural formalities to enable the oknha to choose between keeping the honorific or ...

China’s Huawei and Cambodia’s National Institute of Posts, Telecommunications and Information Communication Technology (NIPTICT) have opened a Huawei Authorized Information and Network Academy (HAINA) in the country. Huawei has now extended its HAINA program to more than 130 universities worldwide. ...

The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...

Microfinance institution Sathapana has increased its maximum loan size to US$200,000, a 300 per cent increase from the previous level of $50,000. The upgrade in loan size is a result of Cambodia’s good economic climate and the expectation that there will be demand among customers for ...

Cambodia and China have reaffirmed their commitment to enhancing and broadening comprehensive bilateral cooperation in the fields of science, technology and innovation (STI). ...

The Ministry of Health, the World Health Organisation in Cambodia (WHO) and Institute Pasteur du Cambodge (IPC) on Monday held a joint press conference to reiterate that they are fully prepared for all eventualities in facing the global outbreak of COVID-19. ...

The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...