News

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/

SEA and Para Game medallists awarded $6.6m

Cambodia spent about $6.6 million to reward Cambodian medallists at the 32nd SEA Games and 12th ASEAN Para Games 2023, providing essential funds for awarded athletes to support their livelihoods and future training. ...

Chhorn Raksmey
https://kiripost.com/stories/cambodia-sea-and-para-game-medallists-awarded-66m

Ministry announces expulsion of Facebook representatives from Cambodia and cessation of all company representation activities with Royal Government

The Ministry of Posts and Telecommunications has announced that it has decided to expel Facebook representatives from Cambodia and stop all activities such as company representation, government relations and private sector partnerships in Cambodia. ...

Khmer Times Staff
https://shorturl.at/hopJQ

132 bird species recorded at Boeung Prek Lpov protected landscape

A total of 132 bird species have been recorded at the Boeung Prek Lpov Landscape Protection Area (BPL) in Takeo Province, pointed out a report on the State of Key Bird Species released recently by NatureLife Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501316928/132-bird-species-recorded-at-boeung-prek-lpov-protected-landscape/

PP’s garbage collection increases

Phnom Penh City Hall Authority said that the collection and transportation of garbage in Phnom Penh per day amounted to more than 3,700 tonnes,  an increase of a 1,000 tonnes of waste compared to 2020-21. ...

Tith Kongnov
https://www.khmertimeskh.com/501316685/pps-garbage-collection-increases/

The rise of messaging app Telegram in Cambodia

The messaging app, Telegram, has risen in popularity within Cambodia in recent years. As of early 2023, it held the title of the most popular messaging app in the country. ...

Rov Hongseng
https://kiripost.com/stories/rise-of-messaging-app-telegram-in-cambodia

PM trades Facebook for Telegram

Prime Minister Hun Sen on Wednesday announced that from now, he will stay away from Facebook, where he has 14 million followers, to use Telegram instead. ...

Yatt Malai
https://kiripost.com/stories/cambodia-pm-trades-facebook-for-telegram

APSARA continues consolidating platform of Angkor Wat’s Bakan Tower

Experts from the Department of Conservation of Monuments and Preventive Archaeology at the APSARA National Authority continue the third phase project of consolidating the platform of Angkor Wat’s Bakan tower to strengthen the damaged structure. ...

កែវ​ ​រចនា
https://www.khmertimeskh.com/501316496/apsara-continues-consolidating-platform-of-angkor-wats-bakan-tower/

Authorities reject concerns over adoption laws

The Ministry of Social Affairs has requested four civil society organizations who raised concerns about adoption policies to contact the ministry rather than issue a statement, with a spokesman claiming the country adheres to laws and there is no abuse that harms the interests of ...

Mao Sreypich
https://kiripost.com/stories/authorities-reject-concerns-over-adoption-laws

NGOs want government, Italy to halt reopening of intercountry adoptions

Reopening intercountry adoptions will put Cambodian children and their families at risk, a group of NGOs said in a statement Wednesday, urging the Cambodian government to stop the process. ...

Sovann Sreypich
https://cambojanews.com/ngos-want-government-italy-to-halt-reopening-of-intercountry-adoptions/

Financial support offered to pregnant civil servants

FacebookTwitterEmailShareThe government will expand its support programme to female civil servants and contract workers who become pregnant, as enjoyed by pregnant garment workers to alleviate hardship and reduce poverty in Cambodia. ...

Hang Punreay
https://www.khmertimeskh.com/501316552/financial-support-offered-to-pregnant-civil-servants/

ADB prepare $200M water package

The Ministry of Water Resources and Meteorology and representatives of the Asian Development Bank (ADB) met for talks on June 27 to discuss long-term investment in projects that would support the ministry’s crucial functions. Following negotiations, the ADB prepared a new $200 million package of ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/adb-prepare-200m-water-package

First six months of year sees 48% fall in landmine victims

The Cambodian Mine Action and Victim Assistance Authority (CMAA) have presented the results of a study on the impact of landmines and explosive remnants of war (ERW) in the first six months of the year, noting a 48 per cent reduction in the number of ...

Chea Sokny
https://www.phnompenhpost.com/national/first-six-months-year-sees-48-fall-landmine-victims

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