News

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/

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

VISA commits to promotion of e-commerce and digital economy of Cambodia

VISA has committed to the enhancement of e-commerce and digital economy of Cambodia, affirmed Chris Clark, VISA’s Regional President for Asia Pacific, while paying a courtesy call on Pan Sorasak, Minister of Commerce, at the ministry office yesterday afternoon. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501257303/visa-commits-to-promotion-of-e-commerce-and-digital-economy-of-cambodia/

Calls for students to master tech skills

Recent high school graduates are being encouraged to study digital technology-related subjects at university to fill the skills gap and help develop the country. ... ...

Thai Sothea
https://kiripost.com/stories/calls-for-students-to-master-tech-skills

South Korea ready to assist ‘digital government’ effort in Kingdom

The “Cambodian Digital Government Policy 2022-2035” was approved earlier this year, and is expected to link the Kingdom under the three foundations of Digital Citizens, Digital Government and Digital Businesses. ... ...

Hong Raksmey
https://www.phnompenhpost.com/national/south-korea-ready-assist-digital-government-effort-kingdom

Meta Cambodia launches Digital Economy Portal

A new website dedicated to serving readers' cravings for the essential progress of Cambodia’s digital economy has been officially launched by Meta (formerly Facebook) and Open Development Cambodia (ODC). ... ...

Bun Tharum
https://kiripost.com/stories/meta-cambodia-launches-digital-economy-portal

PM Hun Sen calls for cooperation in digitalisation efforts

Prime Minister Hun Sen yesterday urged Asean Member States to step up cooperation in the digitalisation efforts and make the wider adoption of the new technology a priority to recover fast the region’s socio-economic development from the clutches of the Covid-19 pandemic. ... ...

Manoj Mathew
https://www.khmertimeskh.com/501168105/pm-hun-sen-calls-for-cooperation-in-digitalisation-efforts/

Gov’t urged to step up investments in tech parks

The seventh edition of the ‘Give A Day’ meet, held in Phnom Penh recently, urged the Cambodian government to step up investments in tech parks for promoting the ecosystem for digital start-ups and also to speed up the country’s march to become a digital economy. ...

Manoj Mathew
https://www.khmertimeskh.com/501138218/govt-urged-to-step-up-investments-in-tech-parks/

Finance Ministry, NBC enhance digital verification of customer documents

The Ministry of Economy and Finance and the National Bank of Cambodia (NBC) have reached a memorandum of understanding on electronic Know Your Customer (e-KYC) cooperation, aiming to enhance digital verification of customer documents in Cambodia. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501106776/finance-ministry-nbc-enhance-digital-verification-of-customer-documents/

National Consultation Workshop on “Policy And Direction Of Cambodia’s Financial Technology” to be held

The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...

Khmer Times Staff
https://www.khmertimeskh.com/501060292/national-consultation-workshop-on-policy-and-direction-of-cambodias-financial-technology-to-be-held/

Cambodia e-marketplace set to go online today

The Ministry of Commerce will officially launch an online marketplace today, featuring around a thousand goods produced locally and available for online shopping lovers. ... ...

https://www.khmertimeskh.com/501050099/cambodia-e-marketplace-set-to-go-online-today/
https://www.khmertimeskh.com/501050099/cambodia-e-marketplace-set-to-go-online-today/

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