ODC English Site
Key lenders agree to ease loan terms for flood victims
Members of Cambodia’s apex bodies of the banking and microfinance industries have agreed to ease restrictions on loan repayments, reduce interest rates, as well as restructure loans for customers deemed to be significantly affected by the heavy rains and floods that have swept the Kingdom ...
May Kunmakara
https://www.phnompenhpost.com/business/key-lenders-agree-ease-loan-terms-flood-victims
Finance minister asking Booyoung Group of S Korea for fintech boost
The finance minister has asked South Korea’s Booyoung Group to invest more in the Cambodian financial-technology (fintech) market, which has seen remarkable growth during Covid-19, as the company’s chairman revealed preliminary plans for a university in the Kingdom focused on fintech and taxation. ...
May Kunmakara
https://www.phnompenhpost.com/business/finance-minister-asking-booyoung-group-s-korea-fintech-boost
New S Reap airport 44% done, still set to open in Oct 2023
Siem Reap-Angkor International Airport is still on track to open in October 2023, with work on Phase I reaching 44 per cent as of end-September, according to a senior civil aviation official. ...
Hin Pisei
https://www.phnompenhpost.com/business/new-s-reap-airport-44-done-still-set-open-oct-2023
PPAP revenue jumps 21 percent in three quarter period
Local publicly-listed river port operator, Phnom Penh Autonomous Port (PPAP) reported a revenue of over $30.3 million during the January-September period of 2022, a 21 percent year-on-year compared to the same period in 2020. ...
Khmer Times Staff
https://www.khmertimeskh.com/501171763/ppap-revenue-jumps-21-percent-in-three-quarter-period/
Vietnam, Cambodia enhance military relations
Permanent member of the Central Military Commission and Deputy Minister of National Defence Sen. Lieut. Gen Vu Minh Luong paid a courtesy call to Cambodian Deputy Prime Minister and Minister of National Defence Gen. Tea Banh in Phnom Penh on October 19. ...
Khmer Times Staff
https://www.khmertimeskh.com/501171749/vietnam-cambodia-enhance-military-relations-2/
Cambodia seeks more Korean funds in textiles
As part of the process to strengthen and widen the base of the economy as the country has entered the fourth quarter of 2022, the Government of Cambodia is seeking to tick all the right boxes, and it includes tourism, textiles exports as well as ...
Khmer Times Staff
https://www.khmertimeskh.com/501171566/cambodia-seeks-more-korean-funds-in-textiles/
Five provinces to declare mine-free not later than March 2023
Takeo, Kampong Chhnang, Kampong Cham, Kampot and Svay Rieng are expected to become mine-free provinces not later than March 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501171771/five-provinces-to-declare-mine-free-not-later-than-march-2023/
Press Release on a courtesy meeting between H.E Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, with Dr. Lee Joong Keun, Chairman of Booyoung Group of the Republic of Korea
On 18 October 2022, the Ministry of Economy and Finance issued a press release on a courtesy meeting between H.E Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, with Dr. Lee Joong Keun, Chairman of Booyoung Group of the Republic of ...
Ministry of Economy and Finance
MFIs agree to loan repayment relief for borrowers hit by flooding
Financial institutions said on Wednesday that they will provide favorable easing to customers who have been affected by severe floods, following an appeal by Prime Minister Hun Sen. ...
Chhorn Raksmey
https://kiripost.com/stories/mfis-agree-to-loan-repayment-relief-for-borrowers-hit-by-flooding
Joint statement of the Association of Banks in Cambodia and the Cambodia Microfinance Association on the understanding and favor to borrowers affected by the flood
On 19 October 2022, the Association of Banks and the Cambodia Microfinance Association has posted a joint statement on the understanding and favor to borrowers affected by the flood. According to the joint statement, the two associations agree to provide good cooperation within the framework of ...
The Association of Banks in Cambodia
Press release on Southeast Asia Ministerial Forum of Organisation for Economic Co-operation and Development (OECD)
On 17 October 2022, the Council for the Development of Cambodia issued a press release on Southeast Asia Ministerial Forum of Organisation for Economic Co-operation and Development (OECD). His Excellency Sok Chenda Sophea: “I believe in the power of humanity and I believe that unity in ...
Council for the Development of Cambodia
Phnom Penh port sees 30% jump in Jan-Sept container throughput
Public listed Phnom Penh Autonomous Port (PPAP) recorded a 30 percent year-on-year jump in container throughput at 329,043 TEUs (twenty-foot equivalent unit) in the first nine months ended Sept 30, 2022 compared to 256,407 TEUs. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/phnom-penh-port-sees-30-jump-in-jan-sept-container-throughput
MFIs urged to help ease flood victims' financial burden
Prime minister Hun Sen on Monday called on all microfinance institutions (MFIs) to throw a financial lifeline to people affected by flooding and defer loan repayments and ease interest rates. ...
Chhorn Raksmey
https://kiripost.com/stories/mfis-urged-to-help-ease-flood-victims-financial-burden
PM orders end to Battambang-Pailin boundary dispute
Prime Minister Hun Sen has given the governors of Battambang and Pailin provinces two weeks to resolve the boundaries issue between the two, in order to make it easier for people to manage land ownership and register to vote. ...
Voun Dara
https://www.phnompenhpost.com/national/pm-orders-end-battambang-pailin-boundary-dispute
Single Portal logs 3.8K firms in 125 days
A total of 3,789 businesses were successfully registered on the Online Business Registration Platform, also known as the “Single Portal”, in the 125 days to October 17, bringing the cumulative figure to 18,465, according to the Online Business Registration Service, the competent government agency. ...
Hin Pisei
https://www.phnompenhpost.com/business/single-portal-logs-38k-firms-125-days
Notification on favors for borrowers affected by severe floods
On 18 October 2022, the National Bank of Cambodia issued a Notification on favors for borrowers affected by severe floods. This implementation was made after the high call of Samdech Techo, Prime Minister, on 17 October 2022 and after discussions with the Association of Banks ...
National Bank of Cambodia
AI tool to map Cambodia's vulnerabilities
The United Nations Development Programme (UNDP) has launched an Artificial Intelligence-based (AI) tool to map vulnerabilities in Cambodia and accelerate poverty reduction and the achievement of the Sustainable Development Goals (SDGs). ...
Prak Chan Thul
https://kiripost.com/stories/ai-tool-to-map-cambodias-vulnerabilities
Opportunity of AI and E-governance to advance the right to access information discussed
Cambodian experts, academia, government, civil society, private sector and youth discussed how AI and e-Government interact with the right to Access Information, in a recent seminar organised by UNECO and the Cambodia Academy of Digital Technology (CADT). ...
Khmer Times Staff
https://www.khmertimeskh.com/501170980/opportunity-of-ai-and-e-governance-to-advance-the-right-to-access-information-discussed/
Germany contributes €16M to strengthen Cambodia’s health sector
Germany contributed an additional €16 million to support the Cambodia Health Equity and Quality Improvement Programme (H-EQIP). ...
Sok Sithika
https://www.khmertimeskh.com/501170734/germany-contributes-e16m-to-strengthen-cambodias-health-sector/
Cambodia, Germany to hold political dialogue on development cooperation
The Political Dialogue on Development Cooperation between the Royal Government of Cambodia (RGC) and the Government of the Federal Republic of Germany will be held on October 19-20, 2022. ...
Khmer Times Staff
https://www.khmertimeskh.com/501170987/cambodia-germany-to-hold-political-dialogue-on-development-cooperation/
Cambodia urges initiatives to support SMEs and informal economy
Cambodia Minister of Labour and Vocational Training Ith Samheng has called on more initiatives to improve working conditions for workers in small and medium enterprises and informal economy in ASEAN and ASEAN partner countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501170973/cambodia-urges-initiatives-to-support-smes-and-informal-economy/
NBC asks financial institutions to be flexible with flood affected borrowers
The National Bank of Cambodia has asked financial institutions to implement flexible measures for borrowers who have been affected by flood, in a bid to ease the burden on financial flow and contribute to restoring families’ economic standards. ...
Chea Vanyuth
https://www.khmertimeskh.com/501170557/nbc-asks-financial-institutions-to-be-flexible-with-flood-affected-borrowers/
Minister to kids: Study digital technology skills
The Minister of Posts and Telecommunications Chea Vandeth issued a formal letter on October 18 appealing to students who are taking the upcoming high school diploma exam to focus on learning digital skills. ...
Vann Sak
https://www.phnompenhpost.com/national/minister-kids-study-digital-technology-skills
Government cuts 67 hectares of Boeung Ta Mok to a director of a real estate company
The government, through a sub-decree, cut off 67 hectares of Boeung Ta Mok in Phnom Penh to a businessman who have ties to Prim Minister Hun Sen’s daughter. ...
Mech Dara
https://www.vodkhmer.news/2022/10/18/orkide-director-gets-67-hectares-on-boeng-tamok/



