PM Hun Sen Presides Over the Closing Ceremony of MLMUPC’s Annual Meeting

Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen (Pic. 1) addresses the participants while he was presiding over the closing ceremony of the annual meeting of the Ministry of Land Management, Urban Planning and Construction (MLMUPC) and the Inauguration ceremony of the National Construction Laboratory building, here in Phnom Penh this afternoon.

Source: Agence Kampuchea Press

Preah Sihanouk and Phnom Penh SEZs Attract Four New Investment Projects

The Sihanoukville Special Economic Zone in Preah Sihanouk province and the Royal Group Phnom Penh Special Economic Zone in Phnom Penh capital have attracted four new investment projects with a total capital of US$16.3 million.

According to a press release of the Council for the Development of Cambodia (CDC), the four projects, recently approved by the CDC’s Cambodian Special Economic Zone Board, will focus on the manufacturing of plywood, plastic bags, paper products, and printing and packaging products.

The first three projects will be located in Sihanoukville Special Economic Zone, while the last one in Royal Group Phnom Penh Special Economic Zone, it pointed out.

The newly approved projects are expected to generate some 740 jobs for the locals.

Source: Agence Kampuchea Press

PM Urges Caution Ahead of New Year

The government has advised the public to exercise caution during New Year’s celebrations out of respect for Her Royal Highness Princess Bajrakitiyabha Narendiradebyavati, who has been hospitalized due to a heart condition.

Although there are no specific regulations regulating New Year’s Eve activities this coming weekend, Prime Minister Gen Prayut Chan-o-cha urged those planning events to be prudent and observant.

On December 19, Thirasak Ngoeiwichit, Secretary-General of the Office of the Judiciary, issued orders for agencies under the office to cancel New Year’s celebrations and instead organize merit-making ceremonies to wish the princess a swift recovery.

Since then, other organizations have requested that all New Year’s activities be held at their discretion or canceled altogether.

The Pattaya municipality has also canceled its New Year’s Eve fireworks, although music and stalls selling items would still be allowed to conduct business to stimulate the local economy.

Sanga Ruangwattanakul, President of the Khao San Road Business Association, announced this week that this year’s New Year celebrations would be scaled back out of respect for the princess.

However, tourists are still welcome to dine at restaurants and snap pictures with decorations that local businesses have prepared for the occasion.

Source: Agence Kampuchea Press

Thailand Leads Asia-Pacific in Digital Payment Methods

Thai consumers lead all others in the Asia-Pacific region when it comes to using digital payment methods, according to a survey by MasterCard, which also found that the region is the most enthusiastic when it comes to cashless transactions.

That is good news for economic planners who would like to see Thailand become a cashless society.

A wide range of digital payment programs and services are available alongside the government’s own PromptPay system.

Digitalization has been a key priority under the 4.0 national development strategy.

MasterCard based the index on its survey of more than 35,000 respondents in 40 countries.

According to its second annual New Payments Index, consumers in Asia and the Pacific are the most enthusiastic adopters of digital payments in the world.

More than 88% of consumers in the region have used technologies such as digital wallets, QR codes, buy now and pay later services, cryptocurrencies, and biometrics.

Aileen Chew, MasterCard’s Country Manager for Thailand, said, “Consumers in Thailand topped the list with 94% having used digital payments across multiple forms, including QR codes and wallet payments.”

She added that “Thailand is a leading example of the future of digital payments and how MasterCard thinks about payments.”

According to a survey conducted by Deloitte consulting, Thai banks are beginning to mature in the field of digital payments – scoring among the best for customer retention on mobile banking.

Metinee Jongsaliswang, Executive Director and Thailand Country Consulting Leader at Deloitte Consulting said that “As Thai banks look to the future, they must consider the ‘moments that matter’ to their end-customers and invest in customer experiences to enable a seamless digital experience.”

Source: Agence Kampuchea Press

His Holiness Buddhist Supreme Patriarch General Tep Vong Presides Over the Celebration of 83rd Birthday of Venerable Pin Sem

His Holiness Buddhist Supreme Patriarch General Tep Vong (Front, Pic. 1), Buddhist Supreme Patriarch of Dhamma Mahanikaya of the Kingdom of Cambodia, presides over the celebration of 83rd birthday of Preah Moha Vimul Dhamma Serey Sovannor Pin Sem, Chief of Monks of Reachbo Pagoda, in Siem Reap provincial city this afternoon.

Source: Agence Kampuchea Press