Over 94% of lower secondary students pass diploma exams
The number of students who passed the lower secondary exam this year was 94.78%, said the Ministry of Education, Youth and Sport. ...
Torn Vibol
https://www.khmertimeskh.com/501386402/over-94-of-lower-secondary-students-pass-diploma-exams/
Bakong system lends a hand to promote riel usage
The Bakong system, the interbank transaction platform of the country launched by the National Bank of Cambodia (NBC), has helped with the de-dollarization efforts of the central bank through payments using KHQR and also by promoting cross-border payments. ...
Manoj Mathew
https://www.khmertimeskh.com/501275493/bakong-system-lends-a-hand-to-promote-riel-usage-2/
Leprosy Hospital Expands as Cases Increase
About 20 leprosy patients have been treated at a rehabilitated and expanded wing of the Battambang Provincial Referral Hospital, the second hospital to offer professional treatment for leprosy patients in Cambodia. “We have two doctors and one nurse who specialize in leprosy treatment, and in the ...
Denise Hruby
http://www.cambodiadaily.com/news/leprosy-hospital-expands-as-cases-increase-46778/
Blockchain system will reduce dependence on the ‘greenback’
Cambodian’s will soon be able to make near-instant payments via a new blockchain payment platform being launched under a system called Distributed Ledger Technology (DLT) that will “ultimately undermine the popularity of the US dollar”, according to the Kingdom’s central bank director. ...
Harrison White
https://www.khmertimeskh.com/50723403/blockchain-system-will-reduce-dependence-on-the-greenback/
Public ‘OK’ with removal of small-dollar banknotes
As the deadline draws close for commercial banks and microfinance institutions to send back smaller dollar banknotes to the National Bank of Cambodia without a service charge, businesses are seeing an increase in the use of the riel transactions with no real complaints from shoppers. ...
Jason Boken
https://www.khmertimeskh.com/50757036/public-ok-with-removal-of-small-dollar-banknotes/
Int’l digital payment firms ‘committed’ to de-dollarisation
Visa Inc. is one of several international digital payment firms who have said they are committed to supporting the government and the National Bank of Cambodia (NBC) in their de-dollarisation mission. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50713285/intl-digital-payment-firms-committed-to-de-dollarisation/
Economists assail opposition proposal to ditch US dollars
Economists on Tuesday lambasted the CNRP’s proposal to eliminate the use of U.S. dollars for transactions in the country within one year of a victory in next year’s national elections, saying the policy would be “a disaster” and “impossible.” ...
Brendan O’byrne
https://www.cambodiadaily.com/news/economists-assail-opposition-proposal-to-ditch-us-dollars-131307/
Neuroscience center opens at hospital
Cambodia launched its first full-scale public neuroscience centre at Calmette Hospital in the capital yesterday. The $10.8 million, 90-bed Centre De Neurosciences – complete with a neurosurgical ward and research unit – will seek to treat patients regardless of their ability to pay. ...
Taing Vida
http://www.phnompenhpost.com/national/neuroscience-centre-opens
French Development Agency to help boost Cambodia’s renewable electricity
The Agence Française de Développement or French development Agency (AFD) plans to open a technical branch in Cambodia and increase its assistance in developing electricity networks in its renewable electricity sub-sector. ...
Kang Sothear
https://www.khmertimeskh.com/501244396/french-development-agency-to-help-boost-cambodias-renewable-electricity/
Kingdom, Georgia agree to go extra mile on de-dollarisation
A memorandum of understanding (MoU) was signed on Friday between Chea Serey, Governor of the National Bank of Cambodia (NBC) and Natia Turnava, Acting Governor of the National Bank of Georgia (NBG) to strengthen financial cooperation for reducing dollarisation. ...
Nhean Chamrong
https://www.khmertimeskh.com/501483298/kingdom-georgia-agree-to-go-extra-mile-on-de-dollarisation/
Vouchers to enjoy holidays
The government plans to create “cheque de vacances” or holiday vouchers by 2017 to encourage middle-income Cambodians to travel within the country, according to an official from the Ministry of Tourism yesterday. Chhay Khunlong, deputy director-general of tourism at the ministry, said holiday vouchers will enable ...
Sok Chan
http://www.khmertimeskh.com/news/30244/vouchers-to-enjoy-holidays/
Agri minister’s proposal aims to draw fisherman into aquaculture sector
Minister of Agriculture, Forestry and Fisheries Dith Tina on January 19 met with French Development Agency (AFD) country director for Cambodia Sandrine Boucher to pitch a potential new project that could turn ordinary fishermen into bona-fiDe aquaculture traDers. ...
NBC Governor says Cambodia has seen big increase in local currency usage in past 2 decades
Cambodia has seen a big jump in the use of local currency Riel over the past two decades, National Bank of Cambodia (NBC)’s Governor Chea Serey said here on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501390501/nbc-governor-says-cambodia-has-seen-big-increase-in-local-currency-usage-in-past-2-decades/
PPSEZ IPO fully subscribed
After an unexpected surge in Thai investor interest, Phnom Penh SEZ Plc has secured sufficient commitments to fully cover the strategic and bookbuild share allocations of its initial public offering (IPO), and has determined an issue price for shares to be listed on the Cambodian ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-ipo-fully-subscribed
Riversgold to use IPO proceeds in its search for Mondulkiri gold
Riversgold, an Australian gold exploration startup, will use the proceeds of its upcoming initial public offering (IPO) to acquire and develop mineral exploration projects in Australia, the US and Cambodia, according to a company prospectus. ...
Cam McGrath
http://www.phnompenhpost.com/business/riversgold-use-ipo-proceeds-its-search-mondulkiri-gold
Helping Cambodia move up
The Agence Française de Développement (AFD) opened its office in the capital in September 1993. Today, the AFD provides direct funding in the field of agriculture and agro-industry, infrastructure development, manufacturing sector and vocational training. Since 1993, the AFD has given grants of more than ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/25546/helping-cambodia--move-up/
French agency donates €2 million towards virus laboratories in Cambodia and the region
The French Development Agency (AFD) has proviDed an additional €2 million ($2.19 million) to the ECOMORE II project, to assist Cambodia and the regions direct response to the COVID-19 epiDemic. ...
Harrison White
https://www.khmertimeskh.com/50719351/french-agency-donates-e2-million-towards-virus-laboratories-in-cambodia-and-the-region/
Steel imports drop, exports up
Cambodia imported iron and steel worth $281.06 million last year, down 41.11 per cent from 2019’s $477.26 million and exported $6.20 million, rocketing 351 per cent from $1.37 million, according to the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/steel-imports-drop-exports
$20m pledged to aid marine and coastal fisheries
A $20 million agreement has been signed to boost climate resilience in Cambodia and the sustainability of marine and coastal fisheries. ...
Mao Sreypich
https://kiripost.com/stories/20m-pledged-to-aid-marine-and-coastal-fisheries
AFD help in green public finance management to continue
The Agence Française de Développement (AFD) has re-asserted the Public development Banks’ (PDB) involvement in green public finance management during the latest visit to Cambodia by Rémy Rioux, Chief Executive Officer of the French development Agency and President of FICS (Finance In Common Summit). ...
Prakash Jha
https://www.khmertimeskh.com/501244622/afd-help-in-green-public-finance-management-to-continue/