News

New strategy to boost Cambodia’s financial sector, says Serey

The new financial development strategy for the next five years aims to help the financial sector bag greater achievements as it supports inclusive economic development, contributing to reducing poverty nationwide, said Chea Serey, Governor of the National Bank of Cambodia (NBC). ...

Nhean Chamrong
https://www.khmertimeskh.com/501489146/new-strategy-to-boost-cambodias-financial-sector-says-serey/

Thirty villages in Kampong Speu lack clean water after stream dries up

Clean water supply by Veal Pong water station has been disrupted as the river in Snampuk Village, Veal Pong Commune in Udong District, Kampong Speu province dried up for the first time since operations began four years ago. ...

Runn Sreydeth
https://cambojanews.com/thirty-villages-in-kampong-speu-lack-clean-water-after-stream-dries-up/

Youths cycle 1,000km to promote environmental protection from Ratanakiri to Kep

Twenty-five youths set off on a 1,000-kilometer cycling campaign in conjunction with World Environment Day on June 5 to raise awareness on the protection of natural resources and prevention of deforestation. ...

Khuon Narim
https://cambojanews.com/youths-cycle-1000km-to-promote-environmental-protection-from-ratanakiri-to-kep/

MPWT considers private sector partner for Kampot Tourist Port

The Ministry of Public Works and Transport (MPWT) is considering a public private partnership (PPP) agreement with local development company AZ Builder to finalize the Kampot International Tourist Port. ...

James Whitehead
https://www.khmertimeskh.com/501488399/mpwt-considers-private-sector-partner-for-kampot-tourist-port/

Tax issues, lack of funding trouble SMEs

International Mother’s Day was marked with a bustling marketplace for small and medium business enterprises (SMEs) on Sunday at Raffles Hotel Le Royal. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501487218/tax-issues-lack-of-funding-trouble-smes/

Ministry of Women’s Affairs and National Bank of Cambodia receive the Global Summit of Women 2024 Roundtable Ministerial Award

The Ministry of Women’s Affairs and the National Bank of Cambodia have received the Global Summit of Women 2024 Roundtable Ministerial Award on “projects that have a positive impact on women and girls” through the use of the payment system “Bakong” from the World Women’s ...

Khmer Times Staff
https://www.khmertimeskh.com/501487559/ministry-of-womens-affairs-and-national-bank-of-cambodia-receive-the-global-summit-of-women-2024-roundtable-ministerial-award/

Korean firm plans to invest in Kingdom’s clean energy sector

A delegation from Hyuckjin Energy Plant Engineering, a company that deals with environmentally specialized businesses with high-tech and ecotechnology is keen on converting Cambodia’s waste into clean energy, using about 100 tonnes of waste to create 25 megawatts of electricity per day. ...

Nhean Chamrong
https://www.khmertimeskh.com/501487848/korean-firm-plans-to-invest-in-kingdoms-clean-energy-sector/

Gov’t pledges to improve conditions of workers

The Royal Government of Cambodia pledged to improve the working conditions of employees in the private sector with a Memorandum of Understanding (MoU) signed with ILO last week at the Ministry of Labour and Vocational Training. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501487836/govt-pledges-to-improve-conditions-of-workers/

$30M credit guarantee scheme for rice inked

The state-owned Credit Guarantee Corporation of Cambodia (CGCC), Cambodia Rice Federation (CRF) and participating financial institutions (PFIs) signed an agreement on the $30 million Rice Export Guarantee Scheme (REGS) to help millers stockpile rice for milling, processing, exporting and making local value-added products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501487226/30m-credit-guarantee-scheme-for-rice-inked/

Authorities Nab NPP President Sun Chanthy at Phnom Penh Airport upon his return from Japan

On Thursday morning, Phnom Penh authorities arrested Sun Chanthy, leader of the Nation Power Party (NPP), at the Phnom Penh International Airport just as he arrived from Japan. The arrest was witnessed by his party members. ...

Va Sopheanut
https://cambojanews.com/authorities-nab-npp-president-sun-chanthy-at-phnom-penh-airport-upon-his-return-from-japan/

Restore civic, political space and release Kem Sokha, UN member states urge Cambodia

Some United Nations member states called on the Cambodian government to restore civic and political space and the right to freedom of expression, with Cambodian officials responding that civilians are allowed to exercise their right to “public opinion with no limitations”. ...

Khuon Narim
https://cambojanews.com/restore-civic-political-space-and-release-kem-sokha-un-member-states-urge-cambodia/

Union leader Morm Rithy convicted for criticizing Chinese-owned Jin Bei Casino two years ago

Union leader Morm Rithy was arrested after being convicted on charges of incitement to commit a crime following a lawsuit by Chinese-owned Jin Bei Group and has been sent to Prey Sar prison where he will serve an 18-month sentence. ...

Khuon Narim and Ly Rosslan
https://cambojanews.com/union-leader-morm-rithy-convicted-for-criticizing-chinese-owned-jin-bei-casino-two-years-ago/

2,500 Business Operators join Cambodia international trade fair 2024

“Cambodia International Trade Fair 2024” has gathered over 2,500 international business operators from 16 countries to explore investment opportunities in the Kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501486627/2500-business-operators-join-cambodia-international-trade-fair-2024/

Hainan Litree plans to invest up to $100 million in Cambodia’s Clean Water Sector

On May 10, Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), received representatives from Hainan Litree Purifying Technology Co., Ltd. and discussed the company’s interest in expanding its investment in Cambodia’s clean water sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501486640/hainan-litree-plans-to-invest-up-to-100-million-in-cambodias-clean-water-sector/

Visa launches SMB Online Toolkit to enable tourism merchants to maximise benefits of contactless payments

Visa, a world leader in digital payments, is introducing resources to help Cambodian merchants and tiny and medium-sized businesses (SMBs) take full advantage of Visa’s digital payment solutions to optimize the customer shopping experience and increase sales, particularly in the tourism sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501486613/visa-launches-smb-online-toolkit-to-enable-tourism-merchants-to-maximise-benefits-of-contactless-payments/

Cambodia bags $2.35 billion from agriculture exports

Cambodia exported $2.35 billion worth of agricultural products in the first four months of this year, said a report from the Ministry of Agriculture, Forestry and Fisheries. ...

Chea Vanyuth
https://www.khmertimeskh.com/501485837/cambodia-bags-2-35-billion-from-agriculture-exports/

Stay on guard: PM calls on police to strengthen capacity to ensure security

Amid growing threats worldwide, Prime Minister Hun Manet urged all police personnel to strengthen their capacity to ensure security which is crucial for the Kingdom’s continued development. ...

Hang Punreay
https://www.khmertimeskh.com/501487282/stay-on-guard-pm-calls-on-police-to-strengthen-capacity-to-ensure-security/

Calls for justice for jailed union leader

The Cambodian Labour Confederation is requesting that the Government and Supreme Council of the Magistracy to find justice for union leader, Mam Rithy, after he was arrested for making a comment on a video two years ago about the arrest of a female union leader. ...

Meas Molika
https://kiripost.com/stories/calls-for-justice-for-jailed-union-leader

Calls for stronger action against llegal mining

Environmental activists are supporting the government’s continued crackdown on illegal mining, but they are calling for more inspections to ensure that no further crimes are committed. ...

Kuch Sikol
https://kiripost.com/stories/cambodia-calls-for-stronger-action-against-illegal-mining

US ambassador talks Cambodia's media landscape, hopes for improvement

In one of his final interviews before departing Cambodia, US Ambassador Patrick Murphy sat down with Kiripost’s Prak Chan Thul to reflect on his legacy and the bilateral relations with the Southeast Asian nation. ...

Prak Chan Thul
https://kiripost.com/stories/us-ambassador-talks-cambodias-media-landscape-hopes-for-improvement

Multimillion dollar investments approved in Sihanoukville

Two projects in Sihanoukville with an investment of nearly $600 million have received incentives from the Council for the Development of Cambodia and are estimated to have a positive impact on the economy of Sihanoukville. ...

Meas Molika
https://kiripost.com/stories/multimillion-dollar-investments-approved-in-sihanoukville

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