News
Cambodia to make e-invoicing mandatory next year
Cambodia is trialing a new e-invoicing system to make it compulsory for companies as early as next year. ...
Terry Friel
https://www.khmertimeskh.com/501609146/cambodia-to-make-e-invoicing-mandatory-next-year/
Govt rolls out registration system for informal economy
The Royal Government of Cambodia (RGC) yesterday introduced a new digital registration system for the informal economy to provide support and access to resources to enhance their business growth and improve citizens’ living standards. ...
Nhean Chamrong
https://www.khmertimeskh.com/501609152/govt-rolls-out-registration-system-for-informal-economy/
New government e-invoicing system aims to boost digital economy
The Ministry of Economy and Finance has announced the soft launch of the “Cambodia E-Invoicing System”. ...
Hong Raksmey
https://www.phnompenhpost.com/business/new-government-e-invoicing-system-aims-to-boost-digital-economy
NBC chief urges SMEs to adopt digital tools
Chea Serey, Governor of the National Bank of Cambodia (NBC), on Thursday urged the owners of small and medium enterprises (SMEs) to adopt digital tools to expand their financial and market access. ...
Nhean Chamrong
https://www.khmertimeskh.com/501589326/nbc-chief-urges-smes-to-adopt-digital-tools/
Cambodia, China strengthen digital economy cooperation
The 2024 China-Cambodia Digital Economy Cooperation Forum and the inauguration of the China-Cambodia Digital Economy Professional Association marked a significant milestone in deepening digital cooperation between the two nations. ...
Ben Sokhean
https://www.khmertimeskh.com/501585569/cambodia-china-strengthen-digital-economy-cooperation/
Launch of digital platform for informal economy registration discussed
The Coordinating Committee for Developing the Informal Economy convened a meeting to assess progress and discuss plans to launch a digital platform for registering the informal economy. ...
Khmer Times Staff
https://www.khmertimeskh.com/501543304/launch-of-digital-platform-for-informal-economy-registration-discussed/
Kingdom’s digital sector witnesses ‘promising partnership’
One of Cambodia’s leading data centre services providers inked a key partnership deal with a Singapore company to empower the Kingdom’s digital economy. Daun Penh Data Center (DPDC) and A2000 signed an MoU in the presence of Choup Somart, Secretary of State, Ministry of Rural ...
Khmer Times Staff
https://www.khmertimeskh.com/501539687/kingdoms-digital-sector-witnesses-promising-partnership/
Kingdom’s food delivery business to net $170M
The food delivery business in Cambodia that got its momentum during the Covid-19 lockdowns is expected to make further strides and net a revenue of $170.2 million by the end of the current year. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501493191/kingdoms-food-delivery-business-to-net-170m/
Cambodia committed to promoting e-commerce ecosystem
Cambodia is committed to further enhancing the e-commerce ecosystem as the country is a leading nation in implementing the eTrade readiness assessment recommendations, achieving a remarkable 92 percent implementation rate. ...
Khmer Times Staff
https://www.khmertimeskh.com/501484827/cambodia-committed-to-promoting-e-commerce-ecosystem/
Cambodia needs 70% digital technology professionals annually
Digital technology professionals are in huge demand to meet the current and future job needs, as well as to contribute to economic growth and support the digital transformation process. ...
Hang Punreay
https://www.khmertimeskh.com/501469157/cambodia-needs-70-digital-technology-professionals-annually/
Cambodia charts 1.8b digital payments, valued at $492b in 2023
Some 1.8 billion Khmer riel and US dollar digital transactions valued at $492 billion were recorded in 2023, which rose over 600 million from 1.1 billion transactions in 2022, the National Bank of Cambodia (NBC) said on March 29. This significant increase, an economist opined, ...
Meas Molika
https://kiripost.com/stories/cambodia-charts-18b-digital-payments-valued-at-492b-in-2023
ASEAN digital economy set to double to $2 trillion by 2030
Prime Minister Hun Manet said that the ASEAN digital economy is capable of doubling its current value of around $1 trillion to reach a market cap of $2 trillion by 2030. ...
James Whitehead
https://www.khmertimeskh.com/501455000/asean-digital-economy-set-to-double-to-2-trillion-by-2030/
Online business registration system surpasses $10 billion
The total capital of businesses enrolled through the Online Business Registration System (OBRS) via IT Platform phase I – commonly known as Single Portal – had reached almost $10 billion as of January 22, with the number of listed companies increasing to over 32,000, official ...
Hin Pisei
https://www.phnompenhpost.com/business/online-business-registration-system-surpasses-10-billion
Digital Business Expo held to enhance digital transformation to entrepreneurs
Techo Startup Centre organised a Digital Business Expo with the theme of Startup, Innovation, and Technology in the Context of the Digital Economy and Society at Sofitel Phnom Penh Phokeethra. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397415/digital-business-expo-held-to-enhance-digital-transformation-to-entrepreneurs/
China Unicom to build Cambodia’s first state-owned submarine optical fiber cable project
China Unicom Group, one of the country’s largest telecommunications operators, will build Cambodia’s first state-owned submarine optical fiber cable with a large capacity for international communications. ...
Khmer Times Staff
https://www.khmertimeskh.com/501378890/china-unicom-to-build-cambodias-first-state-owned-submarine-optical-fiber-cable-project/
ASEAN leaders adopt a number of key documents
The ASEAN Heads of State/Government adopted a number of important documents to boost their economic growth, ensure food security and boost digital economy, at the end of the Plenary Session of the 43rd ASEAN Summit in Jakarta, Indonesia yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501355584/asean-leaders-adopt-a-number-of-key-documents/
Asean’s digital economy to touch $330B by 2025
Asean’s digital economy which reached $194 billion in 2022 is now projected to rise to $330 billion by 2025. ...
Manoj Mathew
https://www.khmertimeskh.com/501353753/aseans-digital-economy-to-touch-330b-by-2025/
Ministry looks to transform education with digital drive
The Ministry of Post and Telecommunications has its sights firmly set on three pivotal activities that could transform human resources in the digital sector. This drive will help boost the capacity of students, from primary school up to higher education. ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/ministry-looks-transform-education-digital-drive
Online biz urged to register at single portal
The Ministry of Commerce launched an online registration platform to allow owners of online businesses to register for permits and licenses, and those who run online businesses without license will have to face legal action. ...
Chea Vanyuth
https://www.khmertimeskh.com/501325759/online-biz-urged-to-register-at-single-portal/
New govt body to regulate Cambodia’s digital economy
The Royal Government of Cambodia (RGC) has issued a sub-decree to establish the General Department of Digital Economy that will exclusively function under the Ministry of Economy and Finance (MEF) to direct, regulate and develop the digital economy in the country after the Deputy Prime ...
Kang Sothear
https://www.khmertimeskh.com/501314071/new-govt-body-to-regulate-cambodias-digital-economy/?p=1314071
Digital economy department established
The government issued a June 22 sub-decree which established the General Department of Digital Economy under the Ministry of Economy and Finance, with the aim to ensure the effectiveness and efficiency of the Kingdom’s digital management and development. ...
Sok Raksa
https://www.phnompenhpost.com/business/digital-economy-department-established
Japan key partner in digital economy drive
Japan remains a key partner in Cambodia’s journey towards becoming a fully-digitalised economy, according to a prominent banker in the country. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501298087/japan-key-partner-in-digital-economy-drive/
MEF, ABA Bank partner to develop digital economy and fintech
The Ministry of Economy and Finance (MEF) and Canada-headquartered ABA Bank signed a Memorandum of Understanding (MoU) today to collaborate within the framework of digital economy and financial technology development in Cambodia. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-mef-aba-bank-partner-to-develop-digital-economy-and-fintech
Collaboration a ‘must’ for digital-economy shift: senior official
Collaboration between governments, private sector entities, civil society actors and other development partners is a “must” for Cambodia’s digital socio-economic transformation and to unlock new sources of growth, telecoms ministry secretary of state Sok Puthyvuth said on March 29. ...
May Kunmakara
https://www.phnompenhpost.com/business/collaboration-must-digital-economy-shift-senior-official