The Phnom Penh Post
Loan accounts reach 1.54M at end-2022: CBC
The total number of loan accounts reached 1.54 million nationwide in December, rising by 3.45 per cent “from the previous quarter”, according to the latest report from Credit Bureau (Cambodia) Co Ltd (CBC). ...
May Kunmakara
https://www.phnompenhpost.com/business/loan-accounts-reach-154m-end-2022-cbc
Joint venture funds coming to Cambodia ‘by end of Q1’
The Securities and Exchange Regulator of Cambodia (SERC) is set to authorise the establishment of joint venture funds in the first quarter of this year ending March 31, as the underlying regulatory framework nears completion, paving the way for licensed companies to raise money for ...
May Kunmakara
https://www.phnompenhpost.com/business/joint-venture-funds-coming-cambodia-end-q1
Phnom Penh proposed for RCEP Secretariat
Officials have suggested that the 14 partner signatories to the Regional Comprehensive Economic Partnership (RCEP) establish a trade secretariat in Phnom Penh. The agreement, which aims to boost economic development, came into force at the beginning of 2022. ...
Rann Reuy
https://www.phnompenhpost.com/business/phnom-penh-proposed-rcep-secretariat
Community focused on cardamom farming future
Cardamom is a plant that grows naturally in the foothills of the so-named Cardamom Mountains in Cambodia, mostly in Pursat province. In addition to being a spice for food, it is also sometimes used in traditional herbal medicine. ...
Keo Bosaba
https://www.phnompenhpost.com/national/community-focused-cardamom-farming-future
Gender no barrier among ministry’s sanctuary rangers
The Kingdom’s park rangers play a vital role in protecting the precious natural resources of Cambodia’s protected areas. They sometimes spend weeks on patrol deep in the most remote parts of the country, monitoring wildlife and keeping an eye out for the perpetrator of forest ...
Keo Bosaba
https://www.phnompenhpost.com/national/gender-no-barrier-among-ministrys-sanctuary-rangers
Plastic clean-up drive ends in Battambang
The “One Step No Plastic” campaign, founded by a pair of youths with the goal of getting rid of plastic waste in the environment, has now wrapped up. The campaign was held in the capital and four provinces, all of which have strong tourism potential. ...
Keo Bosaba
https://www.phnompenhpost.com/national/plastic-clean-drive-ends-battambang
ASEAN FMs talk Myanmar
ASEAN’s foreign ministers renewed calls for intensified engagement with all conflicting parties in Myanmar, as the crisis has dragged on just over two years since the military took power from the former civilian administration led by Aung San Suu Kyi. ...
Neang Sokunthea
https://www.phnompenhpost.com/national-politics/asean-fms-talk-myanmar
Poaching rare specimens ‘persists’ in O Meanchey
Community activists and natural resource conservationists have expressed concerns over the continued hunting and snaring of wildlife in protected sanctuaries, especially this summer, when many rare and endangered species have been found killed or injured by snaring. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/poaching-rare-specimens-persists-o-meanchey
RCAF begins first recruitment drive since onset of pandemic
The Ministry of National Defence will be distributing applications to prospective students from February 1-15 as it looks to recruit a new generation of military trainees to meet the needs of various units of the Royal Cambodian Armed Forces (RCAF). ...
Samban Chandara
https://www.phnompenhpost.com/national/rcaf-begins-first-recruitment-drive-onset-pandemic
Tina calls for land concession database
Minister of Agriculture, Forestry and Fisheries Dith Tina recommended that the Technical Secretariat on Economic Land Concessions maintain a database of the companies which received economic land concessions. Regular inter-ministerial meetings should be held to deliver updates on the progress of each of the companies. ...
Post Staff
https://www.phnompenhpost.com/national/tina-calls-land-concession-database
Criminal background check process goes digital
To increase the efficiency of criminal background checks, the Ministry of Justice will trial a digital application process from February 6. In a February 3 public notice, the ministry said that moving the process to a digital platform would makes applications faster and easier for the ...
Post Staff
https://www.phnompenhpost.com/national/criminal-background-check-process-goes-digital
Ministry contest encourages women to get involved in digital skills, tech
Minister of Post and Telecommunications Chea Vandeth encouraged female students to join a new digital competition. The format features training, a digital bootcamp and a pitch contest for each team’s finished product. ...
Lay Samean
https://www.phnompenhpost.com/national/ministry-contest-encourages-women-get-involved-digital-skills-tech
Cambodian exports to ASEAN markets rise 13%
The value of Cambodian trade with the nine other ASEAN countries reached $16.053 billion in 2022 – up 1.4 per cent from $15.838 million in 2021 – accounting for a 30.62 per cent share of the Kingdom’s $52.425 billion in total foreign trade for the ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-asean-markets-rise-13
Customs revenue up 18 per cent for 2022
General Department of Customs and Excise (GDCE) said that they have collected more than $2.69 billion in 2022, an increase of 18.3 per cent over 2021 revenue. In a February 3 annual meeting in Kep province, GDCE director general Kun Nhem said that the figure ...
Van Socheata
https://www.phnompenhpost.com/business/customs-revenue-18-cent-2022
Siem Reap tourism worker cash assistance continued
The Ministry of Labour and Vocational Training disbursed its 89th cash payment to 3,223 workers employed by 33 different enterprises in the tourism sector located in Siem Reap, according to the ministry statement. ...
Neang Sokunthea
https://www.phnompenhpost.com/business/siem-reap-tourism-worker-cash-assistance-continued
Human rights award ‘not a legal defence’ say foreign affairs ministry
A statement from the Ministry of Foreign Affairs and International Cooperation said a US State Department human rights award should be given to a person who advocates for peace, national harmony and reconciliation, not a lawbreaker. ...
Lay Samean
https://www.phnompenhpost.com/national/human-rights-award-not-legal-defence-say-foreign-affairs-ministry
Borei Keila residents awarded property titles
The government has announced that it will provide land titles to around 1,200 families living in the eight buildings of the Borei Keila area in Veal Vong commune of the capital’s Prampi Makara district. ...
Post Staff
https://www.phnompenhpost.com/national/borei-keila-residents-awarded-property-titles
Be mindful of informal financing, NBC warns
The National Bank of Cambodia (NBC) and National Police on February 2 issued a joint statement warning of the risks associated with informal financial services, which it said could put borrowers in excessive debt or otherwise upend their lives. ...
May Kunmakara
https://www.phnompenhpost.com/business/be-mindful-informal-financing-nbc-warns
Trade with Malaysia soars 23% to $620M in 2022
The merchandise trade volume between Cambodia and Malaysia totalled $620.373 million in 2022, rising by 23.33 per cent over a year earlier, with Cambodian exports accounting for a 18.03 per cent share, down by 2.11 percentage points on a yearly basis, according to the General ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-malaysia-soars-23-620m-2022
Commercial Court could function ‘as early as 2024’: Justice ministry officials
A Ministry of Justice official said that a Commercial Court could be established and put into action as soon as 2024. Addressing the February 2 “AmCham Business Law Conclave: Critical Updates That You Need to Know for 2023” in Phnom Penh, justice ministry secretary of state ...
Orm Bunthoeurn
https://www.phnompenhpost.com/business/commercial-court-could-function-early-2024-justice-ministry-officials
Expressway services, ramps, updated on Google maps
Phnom Penh-Sihanoukville Expressway have upgraded their service by marking all entrances, exits and rest areas on Google maps, for the convenience of travelers. ...
Post Staff
https://www.phnompenhpost.com/national/expressway-services-ramps-updated-google-maps
World Wetlands Day marked with calls to action
The Ministry of Environment and several institutions marked February 2, World Wetlands Day with an event that increased public awareness of the value and the role of wetlands and their current conditions. Presiding over the event in Battambang province, environment ministry secretary of state Srun ...
Post Staff
https://www.phnompenhpost.com/national/world-wetlands-day-marked-calls-action
State revenues from gold production top $15M
Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...
May Kunmakara
https://www.phnompenhpost.com/business/state-revenues-gold-production-top-15m
PM pats GDT chief on back after record tax revenues
Prime Minister has congratulated General Department of Taxation (GDT) chief Kong Vibol on a job well done after the agency last year collected revenues equivalent to 122.54 per cent of the target set by the annual financial management law, in the “highest surplus of all ...
May Kunmakara
https://www.phnompenhpost.com/business/pm-pats-gdt-chief-back-after-record-tax-revenues