Cambodia’s garment, footwear, travel goods export up 20 pct in Q1
Cambodia exported $2,941 million worth of garment, footwear and travel products (GFTs) to international markets in the first quarter of 2024, up 20 percent from 2,449 million dollars over the same period last year, said a report released by the Ministry of Commerce on April
Khmer Times Staff
https://www.khmertimeskh.com/501472270/cambodias-garment-footwear-travel-goods-export-up-20-pct-in-q1/
Apsara denies allegations of construction restrictions
The Apsara National Authority (ANA) said yesterday that they did not restrict or prohibit residents from constructing or repairing structures in the Angkor Archaeological Park, but required people to submit a request to the authority for evaluation and approval.
Torn Vibol
https://www.khmertimeskh.com/501424907/apsara-denies-allegations-of-construction-restrictions/
Pheaktra calls for traditional media return
Minister of Information Neth Pheaktra has reiterated the importance of traditional media, noting that it has an important role to play in a digital context, where true and false information are often mixed together.
Van Socheata
https://www.phnompenhpost.com/national/pheaktra-calls-for-traditional-media-return
Deal inked to introduce financial literacy to curriculum
The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include the third phase of Embedding Financial Literacy into the school curriculum to raise awareness and improve student capability in financial management as the economy evolves.
Mao Sreypich
https://kiripost.com/stories/deal-inked-to-introduce-financial-literacy-to-curriculum
ASEAN-International Wholesale Market opens for business
The ASEAN-International Wholesale Market, locally known as the New Deum Kor Market, was officially inaugurated last week in a ceremony including Khuong Sreng, Governor of Phnom Penh, Wang Wentian, Chinese Ambassador to Cambodia, and other representatives and stakeholders of the project.
James Whitehead
https://www.khmertimeskh.com/501481579/asean-international-wholesale-market-opens-for-business/
Battambang province industry showing strength in Q1
Cambodia’s northwestern province of Battambang, well known as one of the national agricultural hubs, has also developed a considerable industrial economy in recent periods, buoyed by increased private investment in production facilities and public infrastructure upgrades improving connectivity for the region.
James Whitehead
https://www.khmertimeskh.com/501470942/battambang-province-industry-showing-strength-in-q1/
MoEYS discusses ways to bolster youth skills at ECOSOC forum
The Ministry of Education, Youth and Sport (MoEYS) on Tuesday led a high-level delegation to participate in the United Nations Economic and Social Council (ECOSOC) Youth Forum 2024 held in New York city – aimed at strengthening the skills and capacity of Cambodian young people
Nhean Chamrong
https://www.khmertimeskh.com/501474732/moeys-discusses-ways-to-bolster-youth-skills-at-ecosoc-forum/
Cambodia gears up for LDC graduation challenges
While exiting the Least Developed Country (LDC) status is considered a development milestone for Cambodia, it also means loss of trade benefits enjoyed by LDCs, including duty-free status under the Generalized System of Preferences by various countries especially the European Union.
Manoj Mathew
https://www.khmertimeskh.com/501475821/cambodia-gears-up-for-ldc-graduation-challenges/
Cambodia, Singapore agree to promote stronger and more prosperous cooperation
The Prime Ministers of Cambodia and Singapore agreed to promote stronger and more prosperous cooperation. The agreement was reached during a bilateral meeting between Cambodian Prime Minister Hun Manet and Singaporean Prime Minister Lawrence Wong on June 18, 2024.
Khmer Times Staff
https://www.khmertimeskh.com/501508575/cambodia-singapore-agree-to-promote-stronger-and-more-prosperous-cooperation/
Ministry of Women’s Affairs and National Bank of Cambodia receive the Global Summit of Women 2024 Roundtable Ministerial Award
The Ministry of Women’s Affairs and the National Bank of Cambodia have received the Global Summit of Women 2024 Roundtable Ministerial Award on “projects that have a positive impact on women and girls” through the use of the payment system “Bakong” from the World Women’s
Khmer Times Staff
https://www.khmertimeskh.com/501487559/ministry-of-womens-affairs-and-national-bank-of-cambodia-receive-the-global-summit-of-women-2024-roundtable-ministerial-award/
FASMEC urges CDC to link activities with SMEs
The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) – a non-profit organisation – on Monday proposed the Council for the Development of Cambodia (CDC) to promote local enterprises by allowing the delegation to take part in the overseas trip, luring foreign
Nhean Chamrong
https://www.khmertimeskh.com/501500215/fasmec-urges-cdc-to-link-activities-with-smes/
Cambodia’s trade with fellow RCEP members up 14.2 pct in first 5 months
A Ministry of Commerce report released on Wednesday said Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries rose to $14.17 billion in the first five months of 2024, up 14.2 percent from $12.4 billion over the same period last year.
Khmer Times Staff
https://www.khmertimeskh.com/501501299/cambodias-trade-with-fellow-rcep-members-up-14-2-pct-in-first-5-months/
Cambodia, Brazil discuss ongoing cooperation
Chum Sounry, Secretary of State of the Ministry of Foreign Affairs and International Cooperation, and Eduardo Paes Saboia, Secretary of Asia and the Pacific of the Ministry of Foreign Affairs of Brazil, discussed the ongoing cooperation between Cambodia and Brazil during a meeting held in
Khmer Times Staff
https://www.khmertimeskh.com/501501298/cambodia-brazil-discuss-ongoing-cooperation/
Oxfam urges overhaul of garment subcontractor standards to ensure decent employment for women workers
Oxfam has released a research report urging an overhaul of standards for garment subcontractors, to ensure decent employment and social safeguards for women workers. The organisation’s research finds that women in these subcontracted companies have not yet received appropriate protections.
South Korean pharma eyes medical device venture in Cambodia
Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia
James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/
Anti-drug abuse, trafficking day marked with incinerations
Almost 100 kilogrammes of narcotics and other illegal substances were burned by the National Anti-Drug Authority (NACD) and various provincial authorities last week, in a series of ceremonies held to mark the June 26 International Day Against Drug Abuse and Illicit Trafficking.
Phak Seangly
https://www.phnompenhpost.com/national/anti-drug-abuse-trafficking-day-marked-with-incinerations
The Week at the CSX
After sudden increase in price to KHR 6, 600 (US$ 1.62) on July 25, over the next week the price rose for a couple of days before eventually changing direction, falling to 6,400 (US$1.57) on August 1. Trading volumes were larger compared to the week
Independent Monitors Say Election Beset With Irregularities
Election monitors said Monday that irregularities at polling stations during Sunday’s vote were widespread, and preliminary results released by the government do not necessarily reflect the true will of the electorate.
At a press conference in Phnom Penh, Transparency International (T.I.) executive director Preap Kol said
The Cambodia Daily
http://www.cambodiadaily.com/elections/independent-monitors-say-election-beset-with-irregularities-37391/
Better Recovery for Construction and Real Estate Sector
2012 has been an impressive year for Cambodia’s economic resilience. Among the many sectors that had positively grown are the construction and property development [sic] and they are expected to be among the highest growth achievers in the current year as well.
In 2012, the
Key donors endorse election
The governments of Australia and France have congratulated Prime Minister Hun Sen on his election victory, becoming the first key Western donors to do so since the official election results were released on September 8.
UN Secretary-General Ban Ki-moon also offered his congratulations to Hun Sen
Kevin Ponniah
http://www.phnompenhpost.com/national/key-donors-endorse-election
