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France Appreciates Cambodia’s Rapid Development

H.E. Jacques Pellet, Ambassador of France to Cambodia, spoke highly of Cambodia’s rapid development, as well as COVID-19 pandemic control.
H.E. Ambassador made the appreciation during a recent meeting here with Samdech Pichey Sena Tea Banh, Deputy Prime Minister and Minister of National Defence.
H.E. Jacques Pellet expressed France’s support for the Cambodian Multinational Training Centre to become a regional training centre and its request for the docking of the French navy in Cambodia in 2023.
Samdech Tea Banh thanked France for its contribution to the peace building, reconstruction and development of Cambodia as well as for its assistance to the Royal Cambodian Armed Forces (RCAF).
The defence minister also lauded France’s good cooperation in the training and dispatch of Cambodian peacekeepers to UN missions abroad.
Samdech Tea Banh reaffirmed Cambodia’s commitment to continue good cooperation with France and other countries in the region and the world.

Source: Agency Kampuchea Press

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COVID-19: Five New Deaths Reported, but 500 More Patients Recovered

Cambodia registered five new COVID-19-related deaths; bringing the death toll to 3,038, pointed out a press release of the Ministry of Health issued this morning, stressing that all the new death cases have not been vaccinated against the virus.
Meanwhile, 366 new cases of COVID-19, all of Omicron variant, were detected, of which 340 were locally transmitted and 26 were imported.
The Kingdom’s COVID-19 tally now increased to 131,738, including 11,285 Omicron cases (10,310 Omicron community cases).
But, up to 507 more patients have successfully been cured; the total recovered cases thus jumped to 125,536.
The first COVID-19 case was found in Cambodia in late January 2020 in Preah Sihanouk province.

Source: Agency Kampuchea Press

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Cuban Ambassador Expresses Condolences Over Passing of H.E. Ek Tha

Ambassador of Cuba to Cambodia H.E. Ms. Liurka Rodríguez Barrios has extended her condolences over the passing of H.E. Ek Tha, Spokesperson of the Office of the Council of Ministers, Standing Vice Chairman of the Royal Government Spokesperson Unit (RGSU) and Advisor to the Ministry of Information.
“I have known of the passing by a heart attack of the great journalist and writer, Ek Tha. I would like to express my heartfelt condolences at this sad moment for your loss and wish to convey to your family, friends and the people of Cambodia, my deepest condolences,” the ambassador wrote in her condolence message dated Mar. 4.
“I would like to keep the memory of Mr. Ek Tha’s visit to our embassy, as well as other exchanges, in which he always conveyed his admiration and respect for Cuba, as well as gratitude for the solidarity shared during more than 60 years of diplomatic ties,” she added.
“Ek Tha leaves valuable work. His texts on the history of Cambodia will always be a reference for future generations,” said H.E. Ms. Liurka Rodríguez Barrios.

Source: Agency Kampuchea Press

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Banking and Financial Institutions’ Code of Conduct Launched

The Association of Banks in Cambodia, the Cambodian Microfinance Association and the Federation of Finance and Technology of Cambodia launched today a code of conduct aiming to increase transparency in the banking and finance sector to promote sustainable and inclusive economic growth.
The launching ceremony was held in the presence of H.E. Rath Sovannorak, Director General of Banking Supervision and representatives of banks and microfinance institutions.
Speaking at the event, Dr. In Channy, President of the Association of Banks in Cambodia, said that the BFIs CoC helps prevent excessive debt and protects vulnerable customers.
The code will contribute to the government, especially the National Bank of Cambodia, in achieving a secure, efficient and diversified financial system in the financial markets, as well as responding to the needs of financial services in Cambodia and supports the sustainability of economic growth, increasing people’s incomes and reducing poverty.
The BFIs CoC was established to set the lowest standards for the three member associations to comply with their institutional regulations. All institutions have until the end of 2022 to improve their systems and policies to ensure that they comply with the standards set out in the code.

Source: Agency Kampuchea Press

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US$4.35-Billion Investment projects Registered in Cambodia in 2021

The investment projects with a total capital of US$4.35 billion were registered in Cambodia last year, according to the Council for the Development of Cambodia.
China remained the largest foreign investor in the Kingdom, accounting for 53.4 percent of the total investment last year, the report said.
Cambodia received US$2.32 billion of investment from China in 2021, up 67 percent from US$1.39 billion in a year earlier, it pointed out.
The United States and Singapore were the second and third biggest investors in Cambodia, with the capital of US$163 million and US$121 million, respectively, stated the report.

Source: Agency Kampuchea Press

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