News

NA approves 15 draft laws during 9th session of 6th legislature

The National Assembly (NA) of Cambodia has adopted 15 draft laws during its 9th session of the 6th legislature, said its announcement AKP received yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501319909/na-approves-15-draft-laws-during-9th-session-of-6th-legislature/

King issues decree ratifying newly amended election law

 King Norodom Sihamoni issued a Royal Decree on Tuesday enabling the newly amended election law to come into force ahead of the upcoming July 23 National Election. ...

Hang Punreay
https://www.khmertimeskh.com/501319530/king-issues-decree-ratifying-newly-amended-election-law/

Over 220,000 philanthropists help Kantha Bopha children’s hospitals

The Cambodian Kantha Bopha Foundation has successfully concluded its “10,000 riel, 10,000 donors” campaign, amassing more than $2 million in donations from a staggering number of over 220,000 contributors. Foundation officials have lauded this campaign as a standout, praising the active public participation it drew. ...

Long Kimmarita and Ry Sochan
https://www.phnompenhpost.com/national/over-220000-philanthropists-help-kantha-bopha-childrens-hospitals

Preah Sihanouk Province, most visited destination last week of June

Preah Sihanouk province was the most attractive destination in the last week of June, followed by Battambang and Siem Reap provinces. ...

Khmer Times Staff
https://www.khmertimeskh.com/501319260/preah-sihanouk-province-most-visited-destination-last-week-of-june/

Cambodia bans entry for all Meta oversight board members

Cambodia has declared a ban on entry for the 22 members of the Oversight Board for Meta, the parent company of Facebook, effective from July 4. If any of these members are currently in the country, they are required to leave within 48 hours. ...

Post Staff
https://www.phnompenhpost.com/national/cambodia-bans-entry-all-meta-oversight-board-members

$2 mil raised for Kantha Bopha

With the help of 220,000 generous donors, the Cambodian Kantha Bopha Foundation has raised more than $2 million for children through its “10,000 Riels – 10,000 Donors campaign”. ...

Torn Vibol
https://www.khmertimeskh.com/501318849/2-mil-raised-for-kantha-bopha/

The impact of digitalization on Cambodia’s energy market

Digitalization is transforming industries worldwide, and Cambodia’s energy market is no exception. The adoption of digital technologies is driving significant changes in the way energy is produced, distributed, and consumed in the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501318532/the-impact-of-digitalization-on-cambodias-energy-market/

Cambodia attracts 2.57 mln int’l tourists in H1 of 2023: minister

Cambodia recorded some 2.57 million international visitors in the first half of 2023, a sharp increase of 409 percent from 506,762 over the same period last year, Tourism Minister Thong Khon said on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501318525/cambodia-attracts-2-57-mln-intl-tourists-in-h1-of-2023-minister/

NEC requests King, govt to honour 191 outstanding officials

Tbe National Election Committee (NEC) has requested the King and the Government to honour outstanding officials with medals in order to encourage the government sector. ...

Hang Punreay
https://www.khmertimeskh.com/501318146/nec-requests-king-govt-to-honour-191-outstanding-officials/

Spirits high after NBC’s prakas on capital rules

The National Bank of Cambodia’s (NBC) recent two-pronged prakas on capital buffers and the capital adequacy ratio (CAR) of banking and other deposit-taking institutions, which aims to provide a clearer classification system for assets, is poised to strengthen the industry and enhance risk resilience, local ...

May Kunmakara |
https://www.phnompenhpost.com/business/spirits-high-after-nbcs-prakas-capital-rules

Central bank's regulations to boost financial resilience in Cambodia

The National Bank of Cambodia (NBC) has announced the enforcement of regulations on capital buffer and on credit risk for capital adequacy ratios (CAR) for banks and deposit-taking microfinance institutions (MFIs). These measures aim to bolster the management of diverse risks, it said. ...

Sok Raksa
https://www.phnompenhpost.com/business/central-banks-regulations-boost-financial-resilience-cambodia

China, Vietnam, Thai markets make up 70% of Cambodia’s imports

Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports

Draft intellectual property policy set for Cabinet

This year has seen the National Committee for Intellectual Property Rights (NCIPR) finalise a significant draft IP policy 2023-28 for submission to the Council of Ministers, as stated by minister and NCIPR chairman Pan Sorasak. ...

Sok Raksa
https://www.phnompenhpost.com/business/draft-intellectual-property-policy-set-cabinet

Cambodia’s remittances rise to $1.25B

Remittances from Cambodian migrant workers increased from $1.15 billion in 2021 to $1.25 billion in 2022 and are the third highest in the Asean as a share of national GDP after those of the Philippines and Vietnam, according to a new report. ...

Manoj Mathew
https://www.khmertimeskh.com/501317625/cambodias-remittances-rise-to-1-25b/

NBC expanding Bakong operations to more Asian countries

In a bid to promote cross-border economic activities using local currencies, the National Bank of Cambodia (NBC) is expanding the operations of its Bakong blockchain-based payment system to Vietnam, Laos, Myanmar, China, and India. ...

Chea Vanyuth
https://www.khmertimeskh.com/501317628/nbc-expanding-bakong-operations-to-more-asian-countries/

Traditional birth attendants watch over mothers in Cambodia

The remote village of Sre Veal Koet, Cambodia, lies at the end of a dusty road 36 kilometers (approx. 22 miles) from the nearest health center. The road isn’t always dusty; in the rainy season, it becomes deep mud. ...

Khmer Times Staff
https://www.khmertimeskh.com/501317974/traditional-birth-attendants-watch-over-mothers-in-cambodia/

9,034 drug suspects arrested, nearly 1 tonne of narcotics seized

Cambodian authorities had arrested 9,034 drug-related suspects, including 167 foreigners, in 3,764 cases during the first half of 2023, said an Anti-Drug Police Department’s (ADP) report on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501317958/9034-drug-suspects-arrested-nearly-1-tonne-of-narcotics-seized/

NEC praises smooth process of first day of election campaign

The first day of a three-week-long campaign for the 7th National Election was conducted smoothly with security, safety, good order and without violence. ...

Khmer Times Staff
https://www.khmertimeskh.com/501317507/nec-praises-smooth-process-of-first-day-of-election-campaign/

Role of energy storage in Cambodia’s evolving energy market

Cambodia’s energy market is experiencing rapid growth and transformation, driven by the country’s increasing demand for electricity and its ambitious plans to diversify its energy mix. As the Southeast Asian nation continues to develop its infrastructure and economy, the need for reliable and sustainable energy ...

Khmer Times Staff
https://www.khmertimeskh.com/501317982/role-of-energy-storage-in-cambodias-evolving-energy-market/

NEC seeks feedback to improve electoral regulations

To better the rules and processes for the July 23 National Election, the National Election Committee (NEC) has requested input from stakeholders on the draft revisions to the election law.   ...

Torn Vibol
https://www.khmertimeskh.com/501317760/nec-seeks-feedback-to-improve-electoral-regulations/

NEC launches advanced system for tracking votes at polling stations

 The National Election Committee (NEC) has launched a new system which allows the organisation to track votes at polling stations and keep themselves updated on the election result, as the country heads towards the National Election. ...

Hang Punreay
https://www.khmertimeskh.com/501317624/nec-launches-advanced-system-for-tracking-votes-at-polling-stations/

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