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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 ...

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

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 ...

http://The Cambodia Daily

Number of ‘A’ grade earners on diploma exam quadruples

Prime Minister Hun Sen is scheduled to meet with high school students who passed the Grade 12 exam with an “A” grade following the announcement of the results by the Ministry of Education, Youth and Sport on January 14, indicating a nearly four-fold increase in ...

Voun Dara
https://www.phnompenhpost.com/national/number-grade-earners-diploma-exam-quadruples

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/

Koh Trong pomelo gets GI recognition

The pomelo grown in Kratie’s Koh Trong commune is now the third Cambodian product to obtain Geographical Indication (GI) status, following in the footsteps of Kampot pepper and Kampong Speu’s palm sugar. ...

Sok Chan
https://www.khmertimeskh.com/50504798/koh-trong-pomelo-gets-gi-recognition/

Chinese visitors to the Kingdom spike

During the first four months of the year, Cambodia welcomed more than 647,000 Chinese visitors, an increase of more than 79 percent, according to the Cambodian Tourism Minister. ...

Sum Manet
https://www.khmertimeskh.com/50507277/chinese-visitors-to-the-kingdom-spike/

Trapping contributes to tiger decline

The World Wide Fund for Nature in Cambodia has urged the government to crack down on wildlife trapping, trafficking and illegal logging to conserve wildlife and natural resources. Tigers especially had been seriously threatened by hunting and trapping. ...

Pech Sotheary
https://www.khmertimeskh.com/50514520/trapping-contributes-to-tiger-decline/

Police chief called on to curb protests in capital

Phnom Penh governor Khuong Sreng on Tuesday told the newly appointed municipal police chief to continue preventing protests and crimes of all kinds in the capital. Sar Thet, who maintains his position as deputy National Police chief, replaced Chuon Sovann who has been promoted as ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/police-chief-called-curb-protests-capital

Government leads forum on tourism investment

The Ministry of Tourism led a forum on investment in the Kingdom’s tourism sector for the first time on Monday in Siem Reap. A panel of national and international experts from 11 countries led discussions about the development of the industry. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/government-leads-forum-tourism-investment

UN notes Kingdom’s peacekeeping efforts

The Defence Ministry has announced that the United Nations has ranked Cambodia 29th among 122 countries that have sent peacekeeping forces to conflict areas around the world. Last year, the UN ranked Cambodia as 32nd for the most troops sent abroad. Cambodia also ranked 17th ...

Ven Rathavong and Mom Kunthear
https://www.khmertimeskh.com/50541575/un-notes-kingdoms-peacekeeping-efforts/

Commerce ministry makes $82M

The Ministry of Commerce generated more than $82 million this year in customs and public services, according to the ministry’s annual report. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/commerce-ministry-makes-82m

Political parties grow by six to 44 after registration last year

Forty-four political parties are registered to legally conduct activities in the Kingdom, according to an Interior Ministry report. The report, obtained by Khmer Times yesterday, said six new parties were registered last year, bringing the total to 44. ...

Taing Vida
https://www.khmertimeskh.com/50565377/political-parties-grow-by-six-to-44-after-registration-last-year/

Ministry to meet with companies over EBA saga

The Ministry of Commerce is planning a meeting with public and private actors to discuss the revocation of the European Union’s Everything-but-arms (EBA) deal and to find ways to diminish its impact on the economy, the ministry said in a press release. The ministry’s statement, ...

May Kunmakara
https://www.khmertimeskh.com/50577785/ministry-to-meet-with-companies-over-eba-saga/

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