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National Bank of Cambodia looks at local yuan role

Bank of China is in negotiations with Cambodia’s central bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial banks in Cambodia have launched yuan remittance and trade-settlement products. The ...

http://www.phnompenhpost.com/index.php/2012080657819/Business/national-bank-of-cambodia-looks-at-local-yuan-role.html

Joint letter to request for postponement of EBA withdrawal due to COVID-19 crisis and joint statement to the press

On 02 June 2020, the Garment Manufacturers Association in Cambodia (GMAC), Cambodia Footwear Association (CFA) and European Chamber of Commerce in Cambodia (EUROCHAM) issued a joint letter as well as a press statement calling on the European Commission to postpone the withdrawal of Everything But ...

Garment Manufacturers Association in Cambodia (GMAC)

Download: pdf

PPAP share offer fully subscribed

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, successfully raised $5.2 million in an initial public offering that was more than 1.4 times oversubscribed, its underwriter said yesterday.Subscription for 4.1 million shares, a 20 per cent stake, of the port ...

Cam McGrath and Sorn Sarath
http://www.phnompenhpost.com/business/ppap-share-offer-fully-subscribed

Delayed shipment puts iPhone on hold

The opening weekend for the official launch of two new iPhone models in Cambodia hit a few bumps when the Kingdom’s two authorised iPhone resellers faced supply-side issues.Telecom company Smart, one of the two licensed resellers, was forced to turn away customers who had pre-booked ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/delayed-shipment-puts-iphone-hold

Announcement on providing tax services for the provision of tax identification card on means of transportation for all types of vehicles at the provincial tax branches and commercial banks

On 30 June 2020, the General Department of Taxation​ issued an announcement to all vehicle owners who requested tax identification to get theirs at any working time at the provincial tax branches and commercial banks where they have requested to make the above identification card. ...

General Department of Taxation

Download: pdf

Deadline to vacate Phnom Penh’s largest lake set

Prek Pnov district authorities have notified local fishermen to remove lattices and ponds completely from the Boeung Tamok Lake by the end of this year.​​ The warning comes after years of delays. Prek Pnov district governor Sok Sambath told The Post on November 19 time had ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/deadline-vacate-phnom-penhs-largest-lake-set

Decision on the establishment of fake news monitoring committee

On March 11 2020, the Ministry of Information issued a Decision on the establishment of a fake news monitoring committee. The committee’s task is to monitor the spread of fake news and misinformation on social media, to respond to the public in a timely manner, ...

Ministry of Information

Download: pdf

U.S. provides an additional $4 million in urgent COVID-19 assistance for Cambodia

On 09 August 2021, the U.S. Embassy in Cambodia issued a press release on​ U.S. provides an additional $4 million for urgent COVID-19 assistance in Cambodia.This assistance will provide timely support to increase Cambodia’s readiness to administer COVID-19 vaccines, promote vaccination in eligible populations, provide ...

U.S. Embassy in Cambodia

Download: pdf

NBC plans $50M Forex bids in effort to stabilise currency

The National Bank of Cambodia (NBC) has scheduled four foreign exchange auctions this September to infuse a total of $50 million into the market. The move comes at a critical time, with experts viewing it as a significant step towards stabilising the Cambodian riel against ...

Van Socheata
https://phnompenhpost.com/national/nbc-plans-50m-forex-bids-effort-stabilise-currency

The training workshop on the fundamentals of QGIS attract public attention

Quantum Geographic Information System (QGIS) is a useful spatial visualization and analysis tool that is becoming a viable alternative to more expensive software packages. It is also an open-source software package that relies on expert and user contributions worldwide. QGIS has many functions related to ...

Cambodia Airports Comes Under Attack by a Former Executive

Philippe Laurent became secretary-general of Cambodia Airports in May 2008. He was one of six senior executives in charge of the country’s international airports in Phnom Penh, Siem Reap and the little-used facility in Sihanoukville. Mr. Laurent is now carrying out a one-man campaign against ...

http://www.cambodiadaily.com/selected-features/cambodia-airports-comes-under-attack-17727/

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Open Development Cambodia (ODC) https://opendevelopmentcambodia.net/ specializes in aggregating data and developing interactive digital maps and datasets. Data from many sources are collated into an easily-accessed platform, opening space for informed discussion of development issues. ODC was launched in 2011 as an independent, politically-neutral body and ...

Shaping the leaders of tomorrow

In a lush, gated compound 12 kilometres south of central Phnom Penh, the young minds that will one day lead Cambodia are being shaped – or at least that’s what one philanthropic foundation, which is investing millions of dollars in a unique, long-term project, hopes. “When ...

Kevin Ponniah
http://www.phnompenhpost.com/national/shaping-leaders-tomorrow

Hun Sen Defends Pardon for Fisheries Crimes

During a speech lasting more than three hours, Prime Minister Hun Sen yesterday sought to clarify his recent blanket amnesty of fisheries crimes, and called on fisheries officials to reform the law that criminalizes certain means of fishing. In his speech, Mr. Hun Sen provided ...

City Hall hands out Boeng Kak land titles

Marking another milestone in the years-long struggle between the government and the families of Phnom Penh’s Boeng Kak lake community, Phnom Penh Governor Kep Chuktema handed out 254 land titles to lakeside residents at City Hall on Saturday. But with the government shrouding the titling process ...

Brands Urge Gov't to Act on SEZ Shooting

Some of the world’s largest international clothing brands, along with foreign labor protection groups, have called on the Cambodian government to intensify its investigation of last month’s triple shooting of spectators at a Svay Rieng special economic zone. Signed by several of the biggest customers ...

Trial of the 'secessionist' commences

Throngs of protesters gathered at the Olympic Stadium yesterday, at times straining against a mix of police force barriers and riot shields in their effort to show support for jailed Beehive Radio director Mam Sonando, whose trial was beginning just down the street at Phnom ...

http://www.phnompenhpost.com/index.php/2012091258660/National-news/trial-begins-for-alleged-secessionist-mam-sonando.html

Conference looks at status of the Kingdom's small but growing insurance sector

While Cambodia’s insurance sector has made significant progress over the past few years, it is still relatively small compared to other countries in the region and faces several hurdles. That was the judgment of Bou Chanphirou, deputy director of the financial industry department in the ...

http://etmcambodia.com

Sharp fall in insurance claims

Claims in the Kingdom’s six insurance companies declined dramatically last year, while the total premium revenue sharply increased by more than 20 per cent year-on-year, official data from the General Insurance Association of Cambodia (GIAC) show. GIAC data shows total claims reached $4.8 million, down from ...

http://www.phnompenhpost.com/2013022061468/Business/sharp-fall-in-insurance-claims.html

For Health Care, Cambodians Choose Vietnam

“I trust the Cambodian doctors with a simple problem. But if it’s a serious illness, and I need an operation or something, I don’t really trust them,” said Ly Molina, 31, a businesswoman from Phnom Penh. Ms. Molina spoke as she waited for a bus to ...

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