News

NBC: Loans, deposits see double-digit 2022 growth

The Kingdom’s banking and financial institutions posted very solid business performance overall last year despite regional and global uncertainty and inflationary pressures tied to Covid-19 and the Ukraine crisis. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-loans-deposits-see-double-digit-2022-growth

A street in Cambodia to be named Cambodia-Maldives Friendship Street

Cambodia will choose a street in a coastal province and name it “Cambodia-Maldives Friendship Street”, as a symbol of the friendship between the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501220906/a-street-in-cambodia-to-be-names-cambodia-maldives-friendship-street/

Cambodia, Maldives committed to boosting bilateral trade exchanges

The Kingdom of Cambodia and the Republic of Maldives have been committed to expanding their bilateral trade exchange through boosting the import from and export to each other, especially to serve the tourism sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501220899/cambodia-maldives-committed-to-boosting-bilateral-trade-exchanges/

Seamless contactless payment experience for Unionpay cardholders at PPSHV Expressway

Industrial and Commercial Bank of China Limited Phnom Penh Branch (ICBC PP) and UnionPay International (UPI) today announced that ICBC PP has enabled UnionPay Chip card and Contactless card payment for UnionPay Cardholders on Phnom Penh Sihanoukville (PPSHV) Expressway. UnionPay is the only payment brand ...

Khmer Times Staff
https://www.khmertimeskh.com/501220892/seamless-contactless-payment-experience-for-unionpay-cardholders-at-ppshv-expressway/

ASEAN Summit to put more emphasis on women’s empowerment

The Indonesian government will put more emphasis on women’s empowerment during its ASEAN chairmanship this year, including by setting an agenda on women’s peace and security. ...

Khmer Times Staff
https://www.khmertimeskh.com/501220941/asean-summit-to-put-more-emphasis-on-womens-empowerment/

Preah Sihanouk special economic zone policy draft approved

The Council of Ministers on January 13 examined, discussed and agreed to the draft policy on land management and use to convert Preah Sihanouk province into a “Model Multi-Purpose Special Economic Zone” with planning to that end from 2022-2038. ...

Post Staff
https://www.phnompenhpost.com/business/preah-sihanouk-special-economic-zone-policy-draft-approved

PM: Info access law maybe by 2024-25 as ‘all inputs’ needed

The draft Law on Access to Information could possibly be passed in 2024 or 2025, according to Prime Minister Hun Sen. The drafting of the law has been underway for several years, with inputs from different stakeholders including NGOs and UNESCO who have been pushing for ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/pm-info-access-law-maybe-2024-25-all-inputs-needed

Gov't looking to boost domestic cashew processing with new policy

Chaired by Prime Minister Hun Sen on January 13, the plenary meeting of the Council of Ministers approved the draft “National Policy on Cashew Nuts for 2022-2027” to develop inclusively competitive production and processing as well as ensure economic sustainability and diversification. ...

Yuth Vireak
https://www.phnompenhpost.com/business/govt-looking-boost-domestic-cashew-processing-new-policy

Hun Sen encourages Korean investment

Prime Minister Hun Sen asked a former South Korean leader to help promote Cambodia and attract more Korean investors to the Kingdom now that there is a free trade agreement (FTA) in place between the countries. ...

Lay Samean
https://www.phnompenhpost.com/business/hun-sen-encourages-korean-investment

Ministry of Industry and JICA sign fifth deal on urban water supply

The Ministry of Industry, Science, Technology & Innovation (MISTI) and Japan International Cooperation Agency (JICA) has signed a deal on Technical Cooperation Project for Formulation of the Development Plan for Urban Water Supply. ...

So Cheata
https://www.khmertimeskh.com/501219662/ministry-of-industry-and-jica-sign-fifth-deal-on-urban-water-supply/

PM urges Korean investment in processing, tech industries

Prime Minister Hun Sen on Saturday morning last week asked former Deputy Prime Minister Ou Myung and an industrial delegation of South Korea to urge investors to invest in processing and high-end technology industries in Cambodia, said a release. ...

Kang Sothear
https://www.khmertimeskh.com/501219858/pm-urges-korean-investment-in-processing-tech-industries/

Ministry aiming for 2023 promulgation of Freedom of Information Act

The Ministry of Information, in response to a number of civil society organisations, said it has been working to accelerate the drafting of the Freedom of Information Act. The ministry said it is optimistic that the law will be promulgated in 2023. ...

Post Staff
https://www.phnompenhpost.com/national/ministry-aiming-2023-promulgation-freedom-information-act

PM urges rapid progress on transport system upgrade studies

At a plenary meeting of the Council of Ministers on January 13, Prime Minister Hun Sen urged the Ministry of Economy and Finance and the Ministry of Public Works and Transport to work together to accelerate the study of the construction of high-speed rail projects ...

Van Socheata
https://www.phnompenhpost.com/national/pm-urges-rapid-progress-transport-system-upgrade-studies

Preliminary voter list for 2023 election posted by NEC

The National Election Committee (NEC) put up a January 13 notice of the preliminary voter list and the names to be removed from the voter list in communes across the country, with the two lists posted at the same locations so that the electorate can ...

Yuth Vireak
https://www.phnompenhpost.com/national/preliminary-voter-list-2023-election-posted-nec

Council of Ministers approves water management draft law

The draft law on clean water management was approved by the plenary session of the Council of Ministers, chaired by Prime Minister Hun Sen, after review and debate on January 13. ...

Post Staff
https://www.phnompenhpost.com/national/council-ministers-approves-water-management-draft-law

Draft law on land policy for Sihanoukville approved

The government on Friday approved a draft law on management and utilization of land with the aim of developing Preah Sihanouk province into a multi-purpose special economic zone and an ASEAN green city. ...

Meas Molika
https://kiripost.com/stories/cambodia-draft-law-on-land-policy-for-sihanoukville-approved

Work on Cambodian capital new airport expected to finish in 2024

The construction work on a Chinese-built new Phnom Penh international airport, formally known as the Techo International Airport, is expected to be completed in 2024, a spokesman said on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501220244/work-on-cambodian-capital-new-airport-expected-to-finish-in-2024/

Cambodian PM highlights close ties as he prepares to head to China

Cambodian Prime Minister Hun Sen on Saturday highlighted Cambodia-China close ties, saying that such relations had provided great tangible benefits to the kingdom’s development. ...

Khmer Times Staff
https://www.khmertimeskh.com/501220251/cambodian-pm-highlights-close-ties-as-he-prepares-to-head-to-china/

Many cooperation deals to be inked during Cambodian PM’s visit to Maldives

A number of documents on bilateral cooperation between the Kingdom of Cambodia and the Republic of Maldives will be inked during the visit of Cambodian Prime Minister Hun Sen to Maldives. ...

Khmer Times Staff
https://www.khmertimeskh.com/501220258/many-cooperation-deals-to-be-inked-during-cambodian-pms-visit-to-maldives/

Cambodia forecasts 4.6 million air passengers in 2023 after China’s reopening

Cambodia is expected to attract 4.6 million air passengers in 2023 after China’s optimization of its pandemic control policies on January 8, a spokesman said on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501219669/cambodia-forecasts-4-6-million-air-passengers-in-2023-after-chinas-reopening/

Mainland China largest merchandise trading partner of Cambodia in 2022

Mainland China was Cambodia’s largest merchandise trading partner last year, with a volume of $11.686 billion—up by 4.39 per cent over the 2021 figure. The former’s exports to the latter accounted for 89.38 per cent share—up by 2.87 percentage points on a yearly basis, according ...

Khmer Times Staff
https://www.khmertimeskh.com/501219676/mainland-china-largest-merchandise-trading-partner-of-cambodia-in-2022/

RCEP to help Cambodia graduate from LDC status as early as 2028

Undersecretary of State and Spokesman of the Cambodian Ministry of Commerce Penn Sovicheat said the RCEP could help Cambodia graduate from its least-developed country status as soon as 2028. ...

Khmer Times Staff
https://www.khmertimeskh.com/501219474/rcep-to-help-cambodia-graduate-from-ldc-status-as-early-as-2028/

White-shouldered ibis numbers increase for 2022 census: ministry

About 800 white-shouldered ibis, one of the world’s rarest and “critically endangered” bird species, have been found in Cambodia, accounting for 80 per cent of their total global population of 1,000. To protect its population, the Ministry of Environment and its conservation partners are continuing ...

Lay Samean
https://www.phnompenhpost.com/national/white-shouldered-ibis-numbers-increase-2022-census-ministry

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