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
New AEO trade initiative set to draw more players to Cambodia
Cambodia’s new AEO (authorised economic operator) programme – and implementation thereof by Customs (GDCE) – will make life more convenient for investors and support initiatives to attract additional players to the Cambodian market, observers have claimed. ...
Hin Pisei
https://www.phnompenhpost.com/business/new-aeo-trade-initiative-set-draw-more-players-cambodia
New sub-decree tightens regulations on garment industry sub-contractors
Cambodia will prepare a sub-decree improving existing labour mechanisms by adding detailed procedures, permanent management mechanisms, responsibilities for relevant companies, especially sub-subcontractors, as Cambodia seeks to ensure the prevention of the use of forced labour. ...
Van Socheata
https://www.phnompenhpost.com/business/new-sub-decree-tightens-regulations-garment-industry-sub-contractors
No new Covid cases in Cambodia
The Ministry of Health on April 19 reported no new Covid-19 cases or new recoveries. ...
Post Staff
https://www.phnompenhpost.com/national/no-new-covid-cases-cambodia-86
New minimum wage in effect, up $4 per month
With the arrival of a new calendar year, workers in textile, garment, footwear, and travel goods factories are set to enjoy a new minimum monthly salary of $204. The new figure is $4 higher than the 2023 wage. ...
Van Socheata
https://www.phnompenhpost.com/national/new-minimum-wage-in-effect-up-4-per-month
New monthly minimum wage for Cambodia’s garment industry in 2024 takes effect
A new monthly minimum wage for workers in Cambodia’s garment, textile, footwear, and travel products industry for 2024 has come into force, Prime Minister Hun Manet said on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501417170/new-monthly-minimum-wage-for-cambodias-garment-industry-in-2024-takes-effect/
New ID cards launched to support and integrate the country’s disabled citizens
The Ministry of Social Affairs, Veterans and Youth Rehabilitation has introduced ID cards for people with disabilities to enhance their access to social services and promote their inclusion in socio-economic activities. ...
Minister, World Bank discuss active and new water projects
The Minister of Water Resources and Meteorology received a senior World Bank delegation to exchange lessons learned from on-going water and irrigation projects to improve the implementation of a new one. ...
Khmer Times Staff
https://www.khmertimeskh.com/501459832/minister-world-bank-discuss-active-and-new-water-projects/
Royal Government issues sub-decree to allow the use of new 200,000 Riel banknotes
The Royal Government of Cambodia has issued a sub-decree authorizing the issuance, circulation and use of a new 200,000 Riels banknote in the Kingdom of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501574785/royal-government-issues-sub-decree-to-allow-the-use-of-new-200000-riel-banknotes/
Cambodia’s Small Businesses Serve as Backbone of Sustainable Economy
Cambodian Prime Minister Hun Sen announced in late March that the nation was on target to move from the status of a low-income to a lower-middle-income nation by the end of 2013, ranking it the 15th country that obtained high economic growth in the world in the ...
90 percent of garment workers turn up for duty on New Year’s Day
The Labour Ministry said more than 90 percent of garment factory workers reported for work on the first day of Khmer New Year yesterday. ...
Sen David
https://www.khmertimeskh.com/50712802/90-percent-of-garment-workers-turn-up-for-duty-on-new-years-day/
Digital literacy a key component to new ecommerce strategy
The government has released a new e-commerce strategy to address how the nation can best benefit from the rapid growth over the last decade of the Kingdom’s digital economy. ...
Jason Boken
https://www.khmertimeskh.com/50787984/digital-literacy-a-key-component-to-new-ecommerce-strategy/
First cases of new C-19 variant found in Cambodia
The Cambodian government today reported that it has found the first cases of new variants among the foreigners from India and China who entered into Cambodia earlier this month. ...
Taing Rinith
https://www.khmertimeskh.com/50814311/first-cases-of-new-c-19-variant-found-in-cambodia/
Tonle Sap Authority discovers 196 new plants around Tonle Sap Lake, one special species
A large variety of plants from the Tonle Sap Lake area have been discovered by officials from the Tonle Sap Authority (TSA), but one tree in particular has revealed that it provides many benefits, according to TSA secretary-general Tony Hell on June 21. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/tonle-sap-authority-discovers-196-new-plants-around-tonle-sap-lake-one-special-species
New lockdown-affected households eligible for cash assistance identified
The Ministry of Planning has identified new lockdown-affected 59,000 households totaling over 190,000 people who are eligible for cash assistance from the government. They also include those whose members have either died or contracted the virus. ...
Orm Bunthoeurn
https://phnompenhpost.com/national/new-lockdown-affected-households-eligible-cash-assistance-identified
Ministry announces new round of cash handouts for laid-off workers
The Ministry of Labour and Vocational Training announced the government’s next round of cash assistance for 6,366 laid-off workers from 22 factories in the garment and tourism sectors that had suspended operation due to the pandemic. ...
Nov Sivutha
https://www.phnompenhpost.com/national/ministry-announces-new-round-cash-handouts-laid-workers
RGC and WFP launch new network to drive better nutrition
The Royal Government of Cambodia (RGC) and the World Food Programme (WFP) launched here yesterday the SUN Business Network Cambodia (SBN Cambodia) which brings together some of the most forward-thinking private businesses in the food sector to accelerate progress in nutrition across Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50894740/rgc-and-wfp-launch-new-network-to-drive-better-nutrition/
Sar Kheng proposes additional job search help for all new graduates
Minister of Interior Sar Kheng has requested that the Ministry of Education, Youth and Sport conduct a study on establishing education centres along the lines of the One Window, One Service offices to assist students with finding employment after they finish their studies. ...
‘Best New Banknote’ award for 15,000 riel bill delivered to NBC chief
The National Bank of Cambodia (NBC) has finally been delivered the 2019 “Best New Banknote” award received for its 15,000 riel banknote by representatives from the printing company Landqart AG after a long wait due to pandemic-induced border restrictions. ...
Ry Sochan
https://www.phnompenhpost.com/national/best-new-banknote-award-15000-riel-bill-delivered-nbc-chief
Australia’s new international development policy emphasises importance of partnership with Cambodia
The Australian Government has released its first international development policy in almost a decade. According to the Australian Embassy in Cambodia, the policy reflects Australia’s enduring commitment to stability and prosperity in the Indo-Pacific in partnership with Cambodia and others in the region. ...
