News

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/

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

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