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Be mindful of informal financing, NBC warns

The National Bank of Cambodia (NBC) and National Police on February 2 issued a joint statement warning of the risks associated with informal financial services, which it said could put borrowers in excessive debt or otherwise upend their lives. ...

May Kunmakara
https://www.phnompenhpost.com/business/be-mindful-informal-financing-nbc-warns

Cambodia’s milled rice export up 3.5 pct in Q1

Cambodia exported 176,581 tons of milled rice in the first quarter (Q1) of 2023, up 3.5 percent from 170,539 tons in the same period last year, the Cambodia Rice Federation (CRF) said in a report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501279579/cambodias-milled-rice-export-up-3-5-pct-in-q1/

NEC gives in-principle nod to five key election documents

With parliamentary elections two months away, the National Election Committee (NEC) announced that it had approved in principle five documents on May 4 that – among other things – set out guidelines concerning security, safety, and informational and promotional videos as well as cooperation in ...

Post Staffs
https://www.phnompenhpost.com/national/nec-gives-principle-nod-five-key-election-documents

French pledge cont’d welfare, reforms advice

The French Development Agency (AFD) has announced its continued support for poverty alleviation, improved social welfare and the economic growth of developing nations, including Cambodia. The agency said it would do so through a focus on climate change and green financing, in line with the ...

Van Socheata
https://www.phnompenhpost.com/national/french-pledge-contd-welfare-reforms-advice

PM predicts 5.6% economic growth

While meeting with nearly 20,000 garment workers from 12 factories in Tram Kak district, Takeo province on June 11, Hun Sen said that Cambodia’s economy grew exponentially in the two decades that preceded the Covid-19 pandemic. ...

Van Socheata
https://www.phnompenhpost.com/national/pm-predicts-56-economic-growth

Cambodia stresses dialogue key to solving Myanmar issue

Kung Phoak, Secretary of State for the Ministry of Foreign Affairs and International Cooperation, who represented Cambodia in the June 18-19 informal talks on Myanmar convened by Thailand, has presented “some issues and solutions” that are key to solving the Myanmar crisis. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501312165/cambodia-stresses-dialogue-key-to-solving-myanmar-issue/

World Vision Cambodia aid over 4.5M vulnerable people

World Vision Cambodia (WVC) has extended a helping hand to more than 4.5 million vulnerable individuals, with a major focus on the country’s youth. In light of these achievements, the organisation has announced a strategic five-year plan to ensure sustainable wellbeing for an additional five ...

Long Kimmarita
https://www.phnompenhpost.com/national/world-vision-cambodia-aid-over-45m-vulnerable-people

First six months of year sees 48% fall in landmine victims

The Cambodian Mine Action and Victim Assistance Authority (CMAA) have presented the results of a study on the impact of landmines and explosive remnants of war (ERW) in the first six months of the year, noting a 48 per cent reduction in the number of ...

Chea Sokny
https://www.phnompenhpost.com/national/first-six-months-year-sees-48-fall-landmine-victims

Over $17m from Angkor Wat ticket sales January to June

In the six months from January to June 2023, Cambodia earned $17,877,418 from the sale of tickets to Angkor, with a total of 385,769 foreign tourists. This is according to the press release of Angkor Enterprise on July 6. ...

Khmer Times Staff
https://www.khmertimeskh.com/501320021/over-17m-from-angkor-wat-ticket-sales-january-to-june/

RCEP, FTAs to put region, Cambodia in better position to recover from pandemic impacts

The Regional Comprehensive Economic Partnership (RCEP) trade pact and bilateral free trade agreements will put the region and Cambodia in a better position to recover from the impacts of the COVID-19 pandemic, a Cambodian scholar said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501292617/rcep-ftas-to-put-region-cambodia-in-better-position-to-recover-from-pandemic-impacts/

Number of factories in Cambodia grows from 64 in 1997 to 1,326 in 2023, says Prime Minister Hun Sen

During a meeting with nearly 20,000 workers and employees in the Royal Group Phnom Penh Special Economic Zone, on May 26, Prime Minister Hun Sen, said that Cambodia currently has 1,326 factories with more than 840,000 labor force across the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501297669/number-of-factories-in-cambodia-grows-from-64-in-1997-to-1326-in-2023-says-prime-minister-hun-sen/

PM: Election law changes apply to all

The amendments to the election law that were unanimously passed by the National Assembly on June 23 were not aimed at opposition parties alone, but would ensure that each of the Kingdom’s political parties would bear responsibility for the people, said Prime Minister Hun Sen. ...

Kim Yutharo
https://www.phnompenhpost.com/national/pm-election-law-changes-apply-all

Banking and Financial Institutions' Code of Conduct, Lending Guidelines go into 'full implementation'

Prominent market players have affirmed that they are on board with the Banking and Financial Institutions’ Code of Conduct (BFI CoC) and associated Lending Guidelines, as well as their underlying objective to drive trust and professionalism in the field, as these sets of rules go ...

May Kunmakara
https://www.phnompenhpost.com/business/banking-and-financial-institutions-code-conduct-lending-guidelines-go-full-implementation

NEC voter lists protest period ongoing with 53 total complaints

The period for lodging official complaints with the National Election Committee (NEC) following the posting of the 2022 voter list and list of removed names is underway with a total of 53 complaints received to date through commune councils nationwide, according to NEC spokesman Som ...

Yuth Vireak
https://www.phnompenhpost.com/national/nec-voter-lists-protest-period-ongoing-53-total-complaints

Free vocational training for 1.5m students in 2024

Prime Minister Hun Sen said on Monday that up to 1.5 million young people, who could not afford higher education, will be able to receive free vocational training with an additional stipend as the government seeks to produce more labor skills. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-free-vocational-training-for-15m-students-in-2024

Taxation law may take effect in ‘next 2-3 months’: GDT

The new Law on Taxation may be promulgated as soon as “in the next two or three months”, replacing the 1997 original, aiming to bring the Cambodian tax regime more in line with current and anticipated international standards and economic environment, as well as to ...

May Kunmakara
https://www.phnompenhpost.com/business/taxation-law-may-take-effect-next-2-3-months-gdt

Minister of Agriculture chaired a meeting to review the implementation process of ELC investment projects

The Minister of Agriculture, Forestry and Fisheries, Mr. Dith Tina, chaired a meeting to review the implementation of economic land concession investment projects at the ministry on March 16 to provide additional guidance to participate in solving economic land concessions effectively and benefit the national ...

Phnom Penh Post Staff
https://www.postkhmer.com/national/2023-03-17-0245-248103.html

VISA commits to promotion of e-commerce and digital economy of Cambodia

VISA has committed to the enhancement of e-commerce and digital economy of Cambodia, affirmed Chris Clark, VISA’s Regional President for Asia Pacific, while paying a courtesy call on Pan Sorasak, Minister of Commerce, at the ministry office yesterday afternoon. ...

Khmer Times Staff
https://www.khmertimeskh.com/501257303/visa-commits-to-promotion-of-e-commerce-and-digital-economy-of-cambodia/

Cambodia launches khmer digital literacy programme

The Khmer Digital Literacy Programme was launched on Wednesday to equip Cambodian students and educators with digital literacy skills, bridging the digital gap and empowering citizens to navigate the online landscape safely and effectively. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-launches-khmer-digital-literacy-programme

Collaboration a ‘must’ for digital-economy shift: senior official

Collaboration between governments, private sector entities, civil society actors and other development partners is a “must” for Cambodia’s digital socio-economic transformation and to unlock new sources of growth, telecoms ministry secretary of state Sok Puthyvuth said on March 29. ...

May Kunmakara
https://www.phnompenhpost.com/business/collaboration-must-digital-economy-shift-senior-official

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