The Phnom Penh Post

NBC plans $50M Forex bids in effort to stabilise currency

The National Bank of Cambodia (NBC) has scheduled four foreign exchange auctions this September to infuse a total of $50 million into the market. The move comes at a critical time, with experts viewing it as a significant step towards stabilising the Cambodian riel against ...

Van Socheata
https://phnompenhpost.com/national/nbc-plans-50m-forex-bids-effort-stabilise-currency

Minister asks Japan for flooding support

During a meeting to discuss water resources with officials from the Japanese Embassy in Cambodia, Thor Chetha, the minister of Water Resources and Meteorology, proposed that Japan assist in addressing the nation’s flooding and drought issues. ...

Chea Sokny
https://phnompenhpost.com/national/minister-asks-japan-flooding-support

Sokha calls for cheaper passports

New Minister of Interior Sar Sokha has requested that officials in his ministry examine the possibility of lowering the prices of Cambodian passports, noting that current prices are relatively high. Speaking to officials at the Ministry of Interior on September 4, Sokha said the move would ...

Orm Bunthoeurn and Kim Yutharo
https://phnompenhpost.com/national/sokha-calls-cheaper-passports

Ministry issue legal alert over deceptive online artefact ads

The Ministry of Culture and Fine Arts has issued a warning of legal action against traders and online sellers who use photos of Cambodian artefacts on social media to promote the sale of art objects. The use of photographs of ancient artefacts which have been ...

Chea Sokny
https://phnompenhpost.com/national/ministry-issue-legal-alert-over-deceptive-online-artefact-ads

Next minimum wage talks set for Sep 11

The National Council on Minimum Wage (NCMW) has set September 11 as the date for its next gathering to discuss setting the 2024 minimum income for workers in the textile, garment, footwear, travel goods and bag sectors. ...

Van Socheata
https://phnompenhpost.com/national/next-minimum-wage-talks-set-sep-11

Angkor park sees growth in foreign ticket sales of $23M from Jan-Aug

According to Angkor Enterprise, 498,513 foreign tourists visited the park, which is an increase of 350.9 per cent from the same period in 2022, pushing up ticket revenue by 420 per cent year-on-year to $23.1 million. ...

Hin Pisei
https://phnompenhpost.com/business/angkor-park-sees-growth-foreign-ticket-sales-23m-jan-aug

Japan policy dialogue set for November

Following a hiatus due to the Covid-19 pandemic, Cambodia and Japan are expected to hold their 14th policy consultation meeting in November, according to the Council for the Development of Cambodia (CDC). ...

Hin Pisei
https://www.phnompenhpost.com/business/japan-policy-dialogue-set-november

Online biz registrations surging

The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging

Indian export limits open doors for Kingdom’s farmers

The Cambodia Rice Federation (CRF) has noted that restrictions on exports of various types of rice, including broken and white rice, as well as wheat and sugar from India, a leading global rice exporter, offer a potential opportunity for Cambodia. ...

Van Socheata
https://www.phnompenhpost.com/business/indian-export-limits-open-doors-kingdoms-farmers

Poipet officials take action to ensure roadside public safety

Following repeated non-compliance, officials in Banteay Meanchey province’s Poipet town have, to further ensure public safety, taken down stalls and billboards illegally constructed within five metres of main streets and National Road 5. ...

Kim Yutharo
https://www.phnompenhpost.com/national/poipet-officials-take-action-ensure-roadside-public-safety

Donor diversity powers Angkor Hospital for Children

In the first half of this year, Angkor Hospital for Children (AHC) in Siem Reap successfully raised approximately $4 million through local and international donations. ...

Long Kimmarita
https://www.phnompenhpost.com/national/donor-diversity-powers-angkor-hospital-children

Chuon Naron pledges to further education reforms

Minister of Education, Youth and Sport Hang Chuon Naron has reiterated the importance of developing Cambodia’s human resources, noting that the ministry remains committed to fostering cooperation with all relevant parties to hit the Kingdom’s educational reform targets. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/chuon-naron-pledges-further-education-reforms

Hun Sen to return to Facebook

Former Prime Minister Hun Sen will resume the use of his Facebook page, now renamed “Samdech Hun Sen of Cambodia”, after Facebook’s parent company Meta Platforms Inc declined the request of its Oversight Board to temporarily suspend the account over alleged breaches of its policies. ...

Long Kimmarita
https://www.phnompenhpost.com/national/hun-sen-return-facebook

First National Assembly Session successfully passes two agenda items

The new National Assembly (NA) of Cambodia held their first meeting on the morning of August 31, and successfully concluded two agenda items. ...

Long Kimmarita
https://www.phnompenhpost.com/national/first-national-assembly-session-successfully-passes-two-agenda-items

Online biz registrations surging

The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging

Timor-Leste push rice MoU

Timor-Leste vows to expedite the Memorandum of Understanding which was signed with Cambodia on milled rice trade last year with the aim of boosting economic and trade relations between the two countries. ...

May Kunmakara
https://www.phnompenhpost.com/business/timor-leste-push-rice-mou

UK Exports decline 15% Jan-July as orders drop

Bilateral trade between Cambodia and the UK in the first seven months of 2023 fell 14.6 per cent year-on-year to $496.3 million from $581.4 million, with nearly 90 per cent of the value consisting of exports from Cambodia, according to the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/uk-exports-decline-15-jan-july-orders-drop

China and UNICEF forge climate-resilient project

Delegates from China, UNICEF Cambodia and UNICEF China have commenced a three-day field visit to the country to assess the feasibility of implementing climate-resilient water and sanitation (WASH) technologies as part of the South-South Cooperation Programme. ...

Ry Sochan
https://www.phnompenhpost.com/national/china-and-unicef-forge-climate-resilient-project

ILO applauds Cambodia’s work, social protection achievements

The UN team responsible for promoting decent work commended the Cambodian government for its involvement in the decent work and social protection initiative. Minister of Labour and Vocational Training Heng Sour also asked the UN agency to further intensify its efforts to develop the nation’s ...

Sok Raksa
https://www.phnompenhpost.com/national/ilo-applauds-cambodias-work-social-protection-achievements

Chuon Naron pledges to further education reforms

Minister of Education, Youth and Sport Hang Chuon Naron has reiterated the importance of developing Cambodia’s human resources, noting that the ministry remains committed to fostering cooperation with all relevant parties to hit the Kingdom’s educational reform targets. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/chuon-naron-pledges-further-education-reforms

NSSF to extend healthcare access

The National Social Security Fund (NSSF) is set to launch a five-year strategy focused on job development and vocational training. This is a key step in broadening the range of services available to the families and dependents of fund members. ...

Chea Sokny
https://www.phnompenhpost.com/national/nssf-extend-healthcare-access

EU funds empower fishing communities

Action Education (formerly Aide et Action), a French organisation, is leading project CO-SAVED, which aims to aid nearly 400,000 citizens within fishing communities who are adapting to climate change. ...

Long Kimmarita
https://www.phnompenhpost.com/national/eu-funds-empower-fishing-communities

Kampong Speu cement factory to ‘cut imports, lift production’

A $258 million cement factory in Kampong Speu, approved by the Council for the Development of Cambodia (CDC) on August 24, is expected to raise the nation’s cement production capacity to more than 10 million tonnes per year. ...

Hin Pisei
https://www.phnompenhpost.com/business/kampong-speu-cement-factory-cut-imports-lift-production

Kirirom Park reforestation growing roots

In the verdant expanse of Preah Suramrit Kosamak Kirirom National Park, a notable endeavour is taking root. As part of a considerable environmental initiative, nearly 20,000 saplings have found a new home within the Buddhist Cultural Centre’s grounds. ...

Bor Pich Zelin
https://m.phnompenhpost.com/national/kirirom-park-reforestation-growing-roots

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