News

Microfinance sector plays important role in economic development: NBC

The microfinance sector in Cambodia has been playing an important role in contributing to economic and social development, especially the reduction of poverty in rural areas, said a senior official at the National Bank of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501268058/microfinance-sector-plays-important-role-in-economic-development-nbc/

Half of high school dropouts in Ratanakiri are indigenous

Ratanakiri provincial authorities are concerned as almost half of the high school dropouts in the province are students from indigenous communities. ...

Chhun Sunly
https://www.khmertimeskh.com/501268052/half-of-high-school-dropouts-in-ratanakiri-are-indigenous/

More than 30,000 attend Science, Tech and Innovation Day event

More than 30,000 participants attended Cambodia’s first-ever Sacience, Technology, and Innovation Day at the Diamond Island Convention and Exhibition Center from March 26 to 28. ...

Khmer Times Staff
https://www.khmertimeskh.com/501268139/more-than-30000-attend-science-tech-and-innovation-day-event/

Cambodia needs $ 138M to achieve 2025 mine-free target: official

Cambodia needs $ 138 million dollars for the next two years to achieve its mine-free target by 2025, Ly Thuch, first vice president of the Cambodian Mine Action and Victim Assistance Authorities (CMAA), said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501268293/cambodia-needs-138m-to-achieve-2025-mine-free-target-official/

Cambodia receives 22 Indonesia projects worth $69 million

Cambodia received 22 investment project proposals worth $69 million from Indonesian investors in various sectors, including industry, agriculture and service. .. ...

Kang Sothear
https://www.khmertimeskh.com/501267157/cambodia-receives-22-indonesia-projects-worth-69-million/

Digital payments in Cambodia to touch $4.73B this year

Cambodia’s digital payments sector, powered by key industry players, is expected to make greater headway this year and the total payments may touch $4.73 billion, according to some estimates. ...

Manoj Mathew
http://khmertimeskh.com/501267158/digital-payments-in-cambodia-to-touch-4-73b-this-year/

Fully tapping potential of RCEP by Cambodia

The Regional Comprehensive Economic Partnership is a catalyst of regional economic growth, integration and connectivity in the Asia Pacific, accounting for about 30 percent of global GDP and one-third of the world’s population. ...

Khmer Times Staff
https://www.khmertimeskh.com/501267503/fully-tapping-potential-of-rcep-by-cambodia/

Korea becomes Cambodia’s 14th largest trading partner in 2022

Korea has become Cambodia’s 14th largest trading partner in 2022, as the bilateral trade volume posted $780 million, inching up 0.6 percent. ...

Khmer Times Staff
https://www.khmertimeskh.com/501267568/korea-becomes-cambodias-14th-largest-trading-partner-in-2022/

NSSF’s health provision with one million cases in first quarter of 2023

According to the National Social Security Fund (NSSF), members had access to medical treatment and care services at partner hospitals, with more than one million cases in the first quarter of this year, an increase of more than 30% compared to the same period last ...

So Cheata
https://www.khmertimeskh.com/501266175/nssfs-health-provision-with-one-million-cases-in-first-quarter-of-2023/

Education minister, health facilities in educational institutions are very important for students and teachers

The Minister of Education Hang Chuon Naron, stated that health facilities in educational institutions are very important for students and teachers to receive primary health care and to provide physical, mental, reproductive and sexual health counselling. ...

So Cheata
https://www.khmertimeskh.com/501266230/education-minister-health-facilities-in-educational-institutions-are-very-important-for-students-and-teachers/

Government approves new draft law on taxation

The Cambodian government on Friday approved a new draft taxation law which is said to contribute to promoting and enhancing the Cambodian business sector, increase the favorable investment environment, and strengthen fiscal compliance. ...

Chea Vanyuth
https://www.khmertimeskh.com/501266503/government-approves-new-draft-law-on-taxation/

42% of loans taken in capital; women outnumber men in provinces

As much as 42 percent of the loans disbursed by banks and commercial banks in Cambodia has been taken by residents living in its capital Phnom Penh while women borrowers outnumber men in most of the provinces. ...

Manoj Mathew
https://www.khmertimeskh.com/501266501/42-of-loans-taken-in-capital-women-outnumber-men-in-provinces/

Cambodia to strengthen military cooperation with Japan and Australia

Cambodia has spoken highly of the good bilateral friendship, mutual support and cooperation, especially in the military field with Japan and Australia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501265894/cambodia-to-strengthen-military-cooperation-with-japan-and-australia/

WB sticks to Cambodia’s 5.2% growth forecast for 2023

World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...

Manoj Mathew
https://www.khmertimeskh.com/501266499/wb-sticks-to-cambodias-5-2-growth-forecast-for-2023/

Urgent call not to waste water amid shortages

Phnom Penh Water Supply Authority (PPWSA) on Friday appealed to the population and businesses not to waste water as the capital city and Takhmau town face a shortage of water. ...

Prak Chan Thul
https://kiripost.com/stories/cambodia-urgent-call-not-to-waste-water-amid-shortages

National Bank of Cambodia’s deputy governor Chea Serey gives insights ion financial stability, green finance

The deputy governor of the National Bank of Cambodia has called for the world’s countries to do more to help developing nations mitigate the effects of climate change. On sidelines of this year’s Boao Forum, CGTN had an interview with the deputy governor, Madam Chea ...

Khmer Times Staff
https://www.khmertimeskh.com/501266301/national-bank-of-cambodias-deputy-governor-chea-serey-gives-insights-ion-financial-stability-green-finance/

Cambodia & Morocco look to deepen ties; may boost apparel trade

Morocco and Cambodia have pledged to strengthen their trade ties. The two countries have agreed to organise a forum to explore business opportunities and urged their respective business communities to boost trade and investment. ...

Khmer Times Staff
https://www.khmertimeskh.com/501266865/cambodia-may-boost-apparel-trade/

Cambodian, Chinese central banks discuss local currency settlement for cross-border trade

Cambodian and Chinese central bank officials have discussed the promotion of local currency settlement for cross-border trade between the two countries, said a statement released by the National Bank of Cambodia (NBC) on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501266318/cambodian-chinese-central-banks-discuss-local-currency-settlement-for-cross-border-trade/

Cambodia is regional exception to falling trend in manufacturing

Manufacturing as a share of output has peaked in most developing East Asia and Pacific economies except for Cambodia and Vietnam, the World Bank says. ...

Khmer Times Staff
https://www.khmertimeskh.com/501265854/cambodia-is-regional-exception-to-falling-trend-in-manufacturing/

Cellcard eyes $20M IPO after CSX’s green light

Prominent telecoms operator CAMGSM Plc, a subsidiary of locally-owned conglomerate Royal Group of Companies Ltd that trades as Cellcard, plans to raise about $20 million through an initial public offering (IPO) on the Cambodia Securities Exchange (CSX), expected in May. ...

May Kunmakara
https://www.phnompenhpost.com/business/cellcard-eyes-20m-ipo-after-csxs-green-light

Siem Reap approves almost 50K land titles

Siem Reap governor Tea Seiha said that in the past five years, the province has registered a total of 48,476 land titles. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/siem-reap-approves-almost-50k-land-titles

Climate change worse threat than Ukraine war: Hun Sen

Prime Minister Hun Sen describes climate change as the single worst threat humanity faces today, predicting that – contrary to popular belief – the ongoing Russia-Ukraine conflict will end eventually through compromises. ...

Ry Sochan
https://www.phnompenhpost.com/national/climate-change-worse-threat-ukraine-war-hun-sen

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