Khmer Times

Riel-based deposits and lending help NBC’s de-dollarisation efforts

The banking system has played a crucial role in supporting Cambodia’s recovery from the economic downturn in the wake of Covid-19 with National Bank of Cambodia (NBC) pursuing an accommodative and prudent monetary policy to meet the needs of the economy. ...

Manoj Mathew
https://www.khmertimeskh.com/501263299/riel-based-deposits-and-lending-help-nbcs-de-dollarisation-efforts-2/

Cambodia Airways launches Phnom Penh-Beijing direct flight

Cambodia Airways has launched its first direct flight between Phnom Penh and Beijing, aiming to meet rising travel demand between the two destinations, the airline operator said in a press release on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501264238/cambodia-airways-launches-phnom-penh-beijing-direct-flight/

New International Airport in Siem Reap province project 90 percent complete

Construction of the Angkor Siem Reap International Airport is now 90 percent complete as the construction firm is accelerating its work so that the official launch can be held as planned in October. ...

Khmer Times Staff
https://www.khmertimeskh.com/501264311/new-international-airport-in-siem-reap-province-project-90-percent-complete/

PWSA profit declines by 16.31% in 2022

Public-listed Phnom Penh Water Supply Authority (PWSA) yesterday declared a profit of KHR108 billion ($26.6 million) for the financial year 2022, a decline of 16.31 percent compared to the previous year. ...

Manoj Mathew
https://www.khmertimeskh.com/501263142/pwsa-profit-declines-by-16-31-in-2022/

Cambodia seeks Malaysia’s support in electricity export project

Prime Minister Hun Sen yesterday urged Malaysian Prime Minister Datuk Seri Anwar Ibrahim for provision of support in the implementation of a privately-invested project for exporting renewable energy from Cambodia to Singapore as the former would need to install electrical cables under Malaysia’s seabed before ...

Kang Sothear
https://www.khmertimeskh.com/501263141/cambodia-seeks-malaysias-support-in-electricity-export-project/

Cambodia organises first-ever Science, Technology and Innovation Day

The Ministry of Industry, Science, Technology and Innovation is organising the first-ever ‘National Science, Technology and Innovation Day’ to promote the widespread adoption of technologies and further encourage home-grown innovation in the Kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501262730/cambodia-organises-first-ever-science-technology-and-innovation-day/

PM Hun Sen announces IDPoor for 1,300 fishing families

Prime Minister Hun Sen ordered issuance of IDPoor cards for over 1,000 families living in dolphin conservation zones to reduce fishing in the protected areas as part of the efforts to conserve the endangered species. ...

Tith Kongnov
https://www.khmertimeskh.com/501262577/pm-hun-sen-announces-idpoor-for-1300-fishing-families/

NBC disseminates financial inclusiveness in Kampong Cham

The National Bank of Cambodia (NBC) on Thursday last week disseminated the country’s microfinance industry to local authorities in a district in Kampong Cham province mainly to promote financial literacy, increase financial inclusiveness and enhance protection of banking and financial service consumers, said a release ...

Kang Sothear
https://www.khmertimeskh.com/501262574/nbc-disseminates-financial-inclusiveness-in-kampong-cham/

PM outlines new strategies for agriculture development

Keeping in mind the national policy 2022-2030, Prime Minister Hun Sen has outlined the government’s new strategies for the development of the agriculture sector to create the fifth economic pole in the northeast part of the country. ...

Kang Sothear
https://www.khmertimeskh.com/1262572/pm-outlines-new-strategies-for-agriculture-development/

PM Hun Sen supports the outcome of two new varieties of rice

Prime Minister Hun Sen expressed his full support to two new varieties of rice recently introduced to the farmers. ...

Khmer Times Staff
https://www.khmertimeskh.com/501262044/pm-hun-sen-supports-the-outcome-of-two-new-varieties-of-rice/

Malaysian PM to witness deals on recruitment of Cambodia workers

Two agreements on recruitment of Cambodian workers will be signed before Prime Minister Anwar Ibrahim in Cambodia today when he makes a one-day visit to the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501262814/malaysian-pm-to-witness-deals-on-recruitment-of-cambodia-workers/

Ministry declares 29-day school break during SEA Games

Ministry of Education, Youth and Sport has declared a 29-day public and private school break from April 20 to May 18, while Cambodia hosts the 32nd SEA Games. ...

Torn Vibol
https://www.khmertimeskh.com/501261347/ministry-declares-29-day-school-break-during-sea-games/

Cambodia, Indonesia to boost trade, investment, tourism ties

Cambodia and Indonesia have discussed further cooperation in trade, investment and tourism by promoting the export of Cambodian agricultural products to the Indonesian market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501261545/cambodia-indonesia-to-boost-trade-investment-tourism-ties/

After PM’s appeal, MoC set strict rules for price display in riel

A week after Prime Minister Hun Sen asked the Ministry of Commerce (MoC) and Ministry of Tourism (MoT) to cooperate with each other to work on price labelling, the MoC has set strict rules to initiate legal actions against those businesses that fail to label ...

Kang Sothear
https://www.khmertimeskh.com/501261479/after-pms-appeal-moc-set-strict-rules-for-price-display-in-riel/

Cambodia faces serious tax crimes, says Kong Vibol

Tax, economic, financial and money-laundering crimes have become major impediments in Cambodia’s march to progress said Kong Vibol, Director General of the General Department of Taxation (GDT) on Thursday. Internal tax authorities have been seriously facing tax crimes, he observed. ...

Kang Sothear
https://www.khmertimeskh.com/501261473/cambodia-faces-serious-tax-crimes-says-kong-vibol/

Prey Veng, the biggest rice producer in Cambodia

Prey Veng is the leading province in Cambodia in terms of rice production for local consumption and export to foreign markets, affirmed Chea Somethy, Governor of Prey Veng province, at a press conference in Phnom Penh yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501261721/prey-veng-the-biggest-rice-producer-in-cambodia/

Cambodia slams U.S. for its “double standard” human rights report

Cambodia said on Thursday that the “U.S. Department of State’s 2022 Human Rights Report on Cambodia” was downright unfounded, biased, and prejudicial as to its political nature. ...

Khmer Times Staff
https://www.khmertimeskh.com/501261697/cambodia-slams-u-s-for-its-double-standard-human-rights-report/

Vietnam willing to support Cambodia, says Vietnamese Prime Minister

Cambodian Deputy PM Sokhonn was in Vietnam for an official visit between Monday and Wednesday and to co-chair the 20th Vietnam-Cambodia Joint Commission on Economic, Cultural, Scientific and Technological Cooperation held on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501261713/vietnam-willing-to-support-cambodia-says-vietnamese-prime-minister/

New digital literacy program to benefit thousands of students

Thousands of students across the country are set to benefit from Khmer Digital Literacy Program, a new digital literacy program, to be launched in Cambodia next month. ...

Adur Pradeep
https://www.khmertimeskh.com/501260592/new-digital-literacy-program-to-benefit-thousands-of-students/

PM lauds Royal Group’s renewable power export deal with Singapore

Prime Minister Hun Sen lauded the Royal Group’s energy purchase agreement on exporting renewable energy to Singapore via submarine high-voltage transmission, terming it a milestone in the country’s energy development. ...

Chea Vanyuth
https://www.khmertimeskh.com/501260356/pm-lauds-royal-groups-renewable-power-export-deal-with-singapore/

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