SECC prepared to list shares of holding firms
The Securities and Exchange Commission of Cambodia (SECC) is drafting a prakas on public offerings of equity securities for holding companies to allow them to issue shares on the Cambodia Securities Exchange (CSX) in a move towards diversification and development of the nation’s capital markets. ...
May Kunmakara
https://www.phnompenhpost.com/business/secc-prepared-list-shares-holding-firms
BRI projects not to lead Cambodia into debt trap
The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/
Agriculture players can tap into new loan system
The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...
Yatt Malai
https://kiripost.com/stories/agriculture-players-can-tap-into-new-loan-system
Businesses urged to prioritise riel for salary payments
The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...
Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments
Announcement on incentive mechanisms for voluntary business registration in the information and broadcasting sector
On 3 May 2024, Ministry of Commerce has decided to offer incentives for businesses registering voluntarily in the information and broadcasting sector. These incentives include a three-year exemption from public service duties for registered businesses and fine exemptions for businesses that have been operated but ...
Ministry of Commerce
Major banks
In 2020, COVID-19 severely impacted both the global and Cambodia economies. The banking system in Cambodia is also affected but at a moderate and manageable level.1 The National Bank of Cambodia (NBC), Cambodia Microfinance Association, and other relevant institutions pointed out the rate of the ...
Foreign Affairs Minister lays out core foreign policy values
The Minister of Foreign Affairs and International Cooperation on Monday outlined the four core foreign policy values that Cambodia is focusing on in the current global context. Deputy Prime Minister Prak Sokhonn was talking to some 1,200 university students at the National Institute of Education ...
Niem Chheng
https://www.phnompenhpost.com/national/foreign-affairs-minister-lays-out-core-foreign-policy-values
Consultation forum held with CSOs and NGOs
Phnom Penh Municipal Hall and civil society organisations on Tuesday held a consultation forum with the theme Development Partnership with non-Governmental organisations (NGOs), the first such meeting this year. Around 700 people from various state institutions and 50 civil society organisations attended the forum, although ...
Long Kimmarita
https://www.phnompenhpost.com/national/consultation-forum-held-csos-and-ngos
Koh Kong villagers seek US intervention in land dispute
Representative of 26 families involved in a long-standing land dispute with a Chinese-owned company in Koh Kong province gathered at the US Embassy in Phnom Penh on Thursday to deliver their petition seeking its intervention. The villagers said they had lost trust in state institutions ...
Long Kimmarita
https://www.phnompenhpost.com/national/koh-kong-villagers-seek-us-intervention-land-dispute
National budget for next year set at $7.66 billion
The government has planned a national budget of more than $7.66 billion for 2020, which will be divided by sectors across 39 ministries and institutions. A press release issued by the Council of Ministers on Friday following a plenary meeting said the government expects the ...
Niem Chheng
https://www.phnompenhpost.com/national/national-budget-next-year-set-766-billion
Locally bred silkworms put to use in Kampong Speu
With help from the Kingdom’s Silk Research Centre, the sleepy sector is showing new signs of life with the first crop of worms from the institute’s breeding centre being put to use. Aoral Silk Community was the first farm in Kampong Speu province to sucessfully ...
Oung Dane and Hong Tholly Sonit
https://www.phnompenhpost.com/business/locally-bred-silkworms-put-use-k-speu
A clearer picture for lenders
The double-digit growth of consumer lending in Cambodia has created a need for a comprehensive and centralised database of individual credit histories. The Post’s Cam McGrath sat down with Pascal Ly, CEO of the Credit Bureau Cambodia (CBC), to discuss the role of the Kingdom’s ...
Cam McGrath
http://www.phnompenhpost.com/business/clearer-picture-lenders
‘Good prospects’ for improved US relations, Cambodia lawmaker says
The U.S. and Cambodia have so far forged a good relationship, but there is room for improvement, a Cambodian lawmaker said Wednesday. Hun Many, who spoke at the U.S.-Korean Institute under Johns Hopkins School for Advanced International Studies, said Cambodia needs more friends than ...
Men Kimseng
http://www.voanews.com/content/good-prospects-improved-relations-united-states-cambodia/3156514.html
Workers at Japanese company launch strike
More than 100 workers from Japanese-owned quality control firm Kuwahara, whose office is located in the Cambodiana Hotel, gathered in a park across the street from the hotel yesterday morning to boycott their employer and demand they institute a litany of conditions that were born ...
Pav Suy
http://www.khmertimeskh.com/news/21477/workers-at-japanese-company-launch-strike/
Young urged to learn more tech skills
Labour Minister Ith Samheng yesterday urged young people to take up technical training to address severe shortages in the jobs market. He said there are 113 institutes for technical skills training nationwide, which could accommodate 50,000 students per year. However, there is a lack of interest from ...
Sen David
http://www.khmertimeskh.com/news/39941/young-urged-to-learn-more-tech-skills/
GMAC calls for halt to ongoing protest in Bavet’s Special Economic Zone
Garment Manufacturers Association in Cambodia (GMAC) appealed to Labor Minister Ith Samheng, and relevant institutions to immediately stop ongoing protests at Tai Seng and Manhattan Special Economic Zone in Svay Rieng’s Bavet town. Workers led by Mr. Pav Sina, President of Collective Unions of Movement of ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NzcxYmUyMDJlMTl
Press release on an official launch of National Policies and Action Plans on Children Protection and Development
National Committee of Children Protection and Development will launch the National Policies and Action Plans on Children Protection and Development on 1 September 2014 at the National Institute of Education under the presidency of Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of ...
Ministry of Education, Youth and Sports
IPC: Over 16,000 C-19 samples tested since January in Kindgom
The Institute Pasteur du Cambodia has announced it has tested over 16,000 samples for coronavirus since January in Cambodia, of which 125 have been positive. ...
Khuon Narim
https://www.khmertimeskh.com/50730466/ipc-over-16000-c-19-samples-tested-since-january-in-kindgom/
Public and private schools in Preah Sihanouk province temporarily closed, along with sports facilities and activities
All public and private educational institutions in Sihanoukville and Stung Hav district of Preah Sihanouk province have been ordered to be shut down temporarily for two weeks. ...
Khmer Times Staff
https://www.khmertimeskh.com/50817874/public-and-private-schools-in-preah-sihanouk-province-temporarily-closed-along-with-sports-facilities-and-activities/
PM Hun Sen records appreciations for higher education association for active participation in human resource training
Prime Minister Hun Sen has thanked all higher education institutions for their active participation in human resource training, especially during the COVID-19 outbreak. ...
Khmer Times Staff
https://www.khmertimeskh.com/501231421/pm-hun-sen-records-appreciations-for-higher-education-association-for-active-participation-in-human-resource-training/