Cam-RoK Friendship Bridge construction to begin in 2025
The groundbreaking ceremony of the ‘Cambodia-Korean Friendship Bridge’ – the largest and longest bridge in the Kingdom – will begin in 2025, said Yoon Suk Yeol, President of the Republic of Korea (RoK). ...
Nhean Chamrong
https://www.khmertimeskh.com/501558178/cam-rok-friendship-bridge-construction-to-begin-in-2025/
Cambodia, 2nd largest global exporter of cashews
During the first seven months of 2024, Cambodia has produced more than 830,000 tonnes of raw cashew nuts, up 36.7%, making it the world’s second largest cashew exporting country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501558654/cambodia-2nd-largest-global-exporter-of-cashews/
Education Ministry plans to spend over $6 million on Bac II exam
Ministry of Education Youth and Sport (MoEYS) is planning to spend more than $6 million on preparations for the high school diploma exam, or Bac II, which will take place on October 8 and 9. ...
Som Sotheary
https://www.khmertimeskh.com/501566068/education-ministry-plans-to-spend-over-6-million-on-bac-ii-exam/
REDD+ Keo Seima project empowers indigenous youth with education
The REDD+ Keo Seima project is offering educational opportunities to Bunong indigenous youth, supporting their pursuit of higher education and vocational skills, giving them a hope for the future of the indigenous generation. ...
Ben Sokhean
https://www.khmertimeskh.com/501569730/redd-keo-seima-project-empowers-indigenous-youth-with-education/
NBC, MoC call for wider use of Riel
The National Bank of Cambodia (NBC) and the Ministry of Commerce (MoC) Wednesday organized a seminar aimed at promoting financial inclusion and encouraging the wider use of the Cambodian Riel (KHR) in the domestic economy. ...
Chea Vanyuth
https://www.khmertimeskh.com/501572151/nbc-moc-call-for-wider-use-of-riel/
Illegal fishing crackdown showing strong progress
Over the past two years, the Ministry of Agriculture, Forestry and Fisheries detained 31 offenders and confiscated more than 1,400 electrofishing implements in the six provinces bordering Tonle Sap Lake. ...
Chea Sokny
https://www.phnompenhpost.com/national/illegal-fishing-crackdown-showing-strong-progress
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/
PPAP’s net profit, revenue decline in 2023
Net profit for Phnom Penh Autonomous Port’s (PPAP) financial year ended December 31, 2023 (FY’23) sank 36.2 percent to $9.1 million from $14.3 million a year ago. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-net-profit-revenue-decline-in-2023
NBC injected $139 million to stabilise riel in 2023
The National Bank of Cambodia (NBC) sold $139.1 million through auction last year to stabilise the riel exchange rate and to rebound the economy, according to the central bank’s report released on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501431035/nbc-injected-139-million-to-stabilise-riel-in-2023/
Cambodia exports rubber worth $490.6 million in 2023
Cambodia exported 368,048 tonnes of dry rubber in 2023, a slight decrease of 1.3 percent from 372,903 tonnes in a year earlier, said a report from the General Directorate of Rubber on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501425159/cambodia-exports-rubber-worth-490-6-million-in-2023/
Cambodia’s tourism earns $3.04 billion revenue in 2023
Cambodia’s tourism earned gross revenue of $3.04 billion in 2023, up 115 percent from $1.41 billion in a year earlier, according to a Ministry of Tourisms report released on February 12, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501439009/cambodias-tourism-earns-3-04-billion-revenue-in-2023/
CNRP Plans Practice Demonstrations Ahead of Real Protest
The CNRP has scheduled two practice demonstrations for next week in order to ensure that nationwide rallies planned for September 7 are held peacefully, the party said in a statement on Friday. The announcement came a day after 100 party members and provincial activists for ...
Khy Sovuthy and Lauren Crothers
http://www.cambodiadaily.com/news/cnrp-plans-practice-demonstrations-ahead-of-real-protest-41528/
Hun Sen speaks out about Phnom Penh houses confiscated by construction company
A group of over 1,000 families in Phnom Penh effectively advocated for the Prime Minister to speak out after they say the construction company Borey Piphup Thmey violated their contracts and seized their homes. ...
Den Seymar
https://cambojanews.com/hun-sen-speaks-out-about-phnom-penh-houses-confiscated-by-construction-company/
Cambodian kidney transplant victims stranded in India plead for PM Hun Manet’s intervention
Eighteen kidney transplant patients, who are stranded in India after being cheated by Phnom Penh-based Metro RLV Polyclinic, which allegedly absconded with $1 million paid by them, are pleading with Prime Minister Hun Manet to intervene in their case. ...
Khuon Narim and Runn Sreydeth
https://cambojanews.com/cambodian-kidney-transplant-victims-stranded-in-india-plead-for-pm-hun-manets-intervention/
Vietnam earthquake shakes Ratanakiri, raises concern for Cambodia’s disaster readiness
Minor tremors were felt in Ratanakiri province last Sunday after a 5.1 magnitude earthquake struck a nearby province in Vietnam, raising concerns among locals about Cambodia’s preparedness for similar seismic events. ...
Ly Rosslan and Seoung Nimol
https://cambojanews.com/vietnam-earthquake-shakes-ratanakiri-raises-concern-for-cambodias-disaster-readiness/
Environmental group calls for halt of Laos' Mekong Dam
Environmental Group World Wildlife Fund yesterday called on the four member governments of the Mekong River Commission (MRC) to shelve Laos’ proposal to build the first Lower Mekong River hydropower dam when the countries meet next week in Siem Reap province. Las has planned numerous dams ...
Property tax questions asked
Cambodia’s property tax is to come into effect next month, though experts say the levy is not widely understood and may be too early. The property tax will initially focus on the capital’s properties, comprising an annual payment calculated of 0.1 percent of the value ...
Tourism numbers rise by 14 per cent
The number of foreign tourists visiting Cambodia through July climbed 14 per cent year-on-year, with the most arrivals coming from Vietnam, South Korea and China, according to the latest Ministry of Tourism figures. Improved transportation, greater promotion of the Kingdom to world markets and widely ...
Maid abuse scandals to lead labor recruiters to lay off staff
Overseas labor recruitment agencies that send maids to Malaysia are planning to lay off about 1,000 staff members as they prepare to close down many pre-departure training centers following a growing scandal around abuses and criminal activity during the recruitment, training and sending of maids. An ...
S&P downgrades Acleda, keeps outlook stable
Hours after downgrading Cambodia’s long-term sovereign credit rating, ratings agency Standard & Poor’s said it had also decided to lower the credit rating for Acleda Bank to B from B+, though it maintained its outlook for the bank as stable. The decision follows a similar decision ...