Khmer Times

SME Bank announces loans for tourism sector

SME Bank of Cambodia Plc and several financial partner institutions have announced that applications for credit under the Tourism Restoration Cooperative Project are being accepted from July 1. ...

Sok Sithika
https://www.khmertimeskh.com/501105841/sme-bank-announces-loans-for-tourism-sector/

E-commerce market value rises 19% to $970 million

The market value of e-commerce in Cambodia surged 19 percent to $970 million in 2021 compared to a year earlier, according to the iTrade Bulletin of the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/501105754/e-commerce-market-value-rises-19-to-970-million/

Cambodia’s economic recovery takes a knock with prevailing oil price shock

Cambodia is now weathering an oil price shock, just as the economy had started to recover amid a rollback of COVID-19-related restrictions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501105585/cambodias-economic-recovery-takes-a-knock-with-prevailing-oil-price-shock/

Better weather conditions improved rice production in Cambodia

In 2021, total rice production surged, reaching 12.2 metric tons, marking a 11.6 percent y/y increase. The surge was driven largely by an increase in wet season rice production, thanks to more favorable weather conditions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501105592/better-weather-conditions-improved-rice-production-in-cambodia/

More than $11 million donated by national philanthropists for demining work

Cambodian Mine Action Centre’s (CMAC) Director-General said that more than $11 million have been donated towards demining and UXO clearance work by national donors.​ ...

https://www.khmertimeskh.com/501106145/more-than-11-million-donated-by-national-philanthropists-for-demining-work/

Another review of access to Information Draft Law coordinated

The Ministry of Information is running another review of Cambodian draft law on access to information. Addressing participants joining the review on July 1, Minister of Information Khieu Kanharith explained that the draft law was comprehensively consulted with various stakeholders including civil society organizations. ...

Khmer Times Staff
https://www.khmertimeskh.com/501105557/another-review-of-access-to-information-draft-law-coordinated/

Digital payments rapidly gaining ground in Cambodia

In its Consumer Payment Attitudes 2021 study, Visa highlights a rapidly changing payment landscape in Cambodia, with cash losing ground to digital alternatives, said Visa in a news release issued on June 29. ...

Khmer Times Staff
https://www.khmertimeskh.com/501104918/digital-payments-rapidly-gaining-ground-in-cambodia/

Binance to assist Cambodia in developing digital asset regulations

Crypto exchange Binance has signed a memorandum of understanding with the Securities and Exchange Regulator of Cambodia (SERC), according to a June 30 announcement. ...

Khmer Times Staff
https://www.khmertimeskh.com/501104974/binance-to-assist-cambodia-in-developing-digital-asset-regulations/

CDC approves new garment factory project in Kampong Speu

A $3.5 million garment factory will be built in Bosstaney Village, Kaheng Commune, Samrong Thong District, Kampong Speu, creating some 700 jobs for local people. ...

Khmer Times Staff
https://www.khmertimeskh.com/501104911/cdc-approves-new-garment-factory-project-in-kampong-speu/

Naval base project not aimed at any nation, ministry says

The Ream Naval Base’s upgrade project in Cambodia, which is aided by China, is legitimate and doesn’t target any third party, said a spokesman for the Chinese Defense Ministry on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501104960/naval-base-project-not-aimed-at-any-nation-ministry-says/

Soy leaders travel to Cambodia for product promotion

Leaders from the United Soybean Board (USB), the American Soybean Association (ASA), and the World Initiative for Soy in Human Health (WISHH) traveled to Cambodia to talk about aquaculture. ...

Khmer Times Staff
https://www.khmertimeskh.com/501104981/soy-leaders-travel-to-cambodia-for-product-promotion/

PM receives former Japanese Ambassador

Prime Minister Hun Sen received at the Peace Palace Ogawa Gotaro, former Ambassador of Japan to Cambodia between 2000 and 2003. ...

Khmer Times Staff
https://www.khmertimeskh.com/501104939/pm-receives-former-japanese-ambassador/

WHO to continue working with Cambodia on COVID-19 and other diseases

The World Health Organisation (WHO) is determined to continue working closely with the Royal Government of Cambodia (RGC) in combating the Covid-19 pandemic and other diseases such as malaria, hepatitis, hypertension, and so on. ...

Khmer Times Staff
https://www.khmertimeskh.com/501104932/who-to-continue-working-with-cambodia-on-covid-19-and-other-diseases/

Ministry of Justice conducts a meeting on “Expedition of Procedure of Money Laundering Cases”

The Ministry of Justice conducted on a meeting on “Expedition of Procedure of Money Laundering Cases” under the presidency by Koeut Rith, Minister of Justice and the President of the Ad-Hoc Sub-Committee for the Implementation of Action Plans of the Joint Group of Asia/Pacific Group ...

Khmer Times Staff
https://www.khmertimeskh.com/501104953/ministry-of-justice-conducts-a-meeting-on-expedition-of-procedure-of-money-laundering-cases/

NSSF plans to expand coverage

The National Social Security Fund (NSSF) is planning to expand the fund’s scope of coverage to include families of NSSF’s members such as retirees, and domestic and informal economic workers. ...

Yim Sreylin
https://www.khmertimeskh.com/501103729/covid-19-alert-at-entry-points-again-after-cases-reemerge/

Illegal logging in Mondulkiri soars after border reopens

Illegal logging is on the rise in Sre Pok Wildlife Sanctuary in Mondulkiri province, with timber traders rushing to move the luxury wood along smuggling routes into Vietnam, right under the noses of local authorities. ...

Nang Veasna
https://www.khmertimeskh.com/501103824/illegal-logging-in-mondulkiri-soars-after-border-reopens/

Gov’t sets July 23, 2023 as National Election day

In a letter released yesterday, Prime Minister Hun Sen announced the date for the upcoming 7th National Election. According to the letter, the parliamentary elections for 125 seats will be held on July 23, 2023. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501103731/govt-sets-july-23-2023-as-national-election-day/

Investments in Kingdom rise by 7 percent in Q1

In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...

Sok Sithika
https://www.khmertimeskh.com/501102954/investments-in-kingdom-rise-by-7-percent-in-q1/

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