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EU seeks investors for cashew nut processing units in Cambodia

The European Union (EU) is seeking potential European investors in the cashew industry with an aim of shifting the cashew nut processing from neighbouring countries to Cambodia. ...

Ben Sokhean
https://www.khmertimeskh.com/501403200/eu-seeks-investors-for-cashew-nut-processing-units-in-cambodia/

Ministry discusses measures to improve rural roads

A meeting chaired by Minister of Rural Development Chhay Rithisen discussed measures to improve the quality of rural roads and infrastructure. ...

Som Sotheary
https://www.khmertimeskh.com/501417619/ministry-discusses-measures-to-improve-rural-roads/

Red corn ‘vital’ agro product: official

Yang Saing Koma, a secretary of state for the Ministry of Agriculture, Forestry and Fisheries, highlighted the significance of red corn as a vital agricultural product. ...

Van Socheata
https://www.phnompenhpost.com/business/red-corn-vital-agro-product-official

PM: No more mining licences in Prey Lang sanctuary

Prime Minister Hun Manet has designated the Prey Lang Wildlife Sanctuary as a “red zone”, meaning he will not allow new any mining licences to be issued for the area, and would not allow the expansion of existing operations. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/pm-no-more-mining-licences-in-prey-lang-sanctuary

Stay on guard: PM calls on police to strengthen capacity to ensure security

Amid growing threats worldwide, Prime Minister Hun Manet urged all police personnel to strengthen their capacity to ensure security which is crucial for the Kingdom’s continued development. ...

Hang Punreay
https://www.khmertimeskh.com/501487282/stay-on-guard-pm-calls-on-police-to-strengthen-capacity-to-ensure-security/

Cambodia bags $2.35 billion from agriculture exports

Cambodia exported $2.35 billion worth of agricultural products in the first four months of this year, said a report from the Ministry of Agriculture, Forestry and Fisheries. ...

Chea Vanyuth
https://www.khmertimeskh.com/501485837/cambodia-bags-2-35-billion-from-agriculture-exports/

Thirty villages in Kampong Speu lack clean water after stream dries up

Clean water supply by Veal Pong water station has been disrupted as the river in Snampuk Village, Veal Pong Commune in Udong District, Kampong Speu province dried up for the first time since operations began four years ago. ...

Runn Sreydeth
https://cambojanews.com/thirty-villages-in-kampong-speu-lack-clean-water-after-stream-dries-up/

Ministry of Information officially launches “Health Room for Officers”

In order to protect officials’ health and help reduce their spending, the Ministry of Information launched the “Health Room for Officers” on May 15, 2024,under the presidency of Minister of Information Neth Pheaktra. ...

Khmer Times Staff
https://www.khmertimeskh.com/501489406/ministry-of-information-officially-launches-health-room-for-officers/

Kingdom, Korea ink 6 agreements

Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea yesterday witnessed the signing of four Memoranda of Understanding (MoUs) and two other agreements aimed at expanding multifaceted cooperation in financial development, investment flow, intellectual property, drug management, vocational training and ...

Nhean Chamrong
https://www.khmertimeskh.com/501489818/kingdom-korea-ink-6-agreements/

Nimul urges local firms to go online with products

Cham Nimul, Minister of Commerce, yesterday, encouraged local companies, especially small and medium enterprises (SMEs), to register their products at ‘CambodiaTrade’ as well as explore the possibility of joining Alibaba.com to expand the market for Khmer products outside the Kingdom. ...

Nhean Chamrong
https://www.khmertimeskh.com/501495824/nimul-urges-local-firms-to-go-online-with-products/

China considering additional SEZs in Kingdom

China has agreed to study the possibility of creating more special economic zones (SEZ) in Cambodia, while pledging to encourage Chinese companies to invest in the Kingdom, as well as expanding agricultural imports from Cambodia. ...

Ry Sochan
https://www.phnompenhpost.com/business/china-considering-additional-sezs-in-kingdom

Red corn production soars to 1.7M tonnes, MAFF says

The red corn production in 2024 increased to nearly 1.7 million tonnes compared to 1.5 million tonnes last year, reported the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday. ...

Mom Kunthear
https://www.khmertimeskh.com/501505078/red-corn-production-soars-to-1-7m-tonnes-maff-says/

Banks projected to grow at 10 percent in 2024

Cambodian banks might see growth of around 10 percent in 2024, said bankers. Industry insiders say that the banking growth of the past of 20 percent is no longer possible. ...

Rachel David
https://www.khmertimeskh.com/501503722/banks-projected-to-grow-at-10-percent-in-2024/

Japan pledges to continue assistance to Cambodia

Heng Sour, Minister of Labour and Vocational Training of Cambodia met Miyazaki Masahisa, Minister of Labour and Welfare of the Kingdom of Japan in Geneva, Switzerland on Monday to discuss means to further strengthen the bilateral in the field of labour. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501505070/japan-pledges-to-continue-assistance-to-cambodia/

Loan-to-deposit ratio normalising in 2024, say bankers

A number that might be of concern in Cambodia’s banking system is its loans versus deposits. For 2023, Cambodia’s banks total loans outstanding was $57.6 billion and total deposits $47.9 billion.  ...

Rachel David
https://www.khmertimeskh.com/501505072/loan-to-deposit-ratio-normalising-in-2024-say-bankers/

Fintech helped us reduce costs, NBC Governor tells Dubai Fintech Summit

Adoption of digital payments has helped in reducing remittance costs, said Chea Serey, Governor, National Bank of Cambodia at a panel discussion on ‘Sustainable Capital: Environmentally Consolidated Finance’ on Monday at the Dubai Fintech Summit in UAE. ...

Khmer Times Staff
https://www.khmertimeskh.com/501485201/fintech-helped-us-reduce-costs-nbc-governor-tells-dubai-fintech-summit/

Minister of Commerce recommends five points to promote the export of Cambodian products

Cham Nimul, Minister of Commerce, on May 27, presided over the opening ceremony of the seminar on “Beyond Borders: Bringing Cambodian Products to Global Markets through Alibaba.com, ”which was attended by leaders of the Ministry of Commerce, representatives of the Ministry of Posts and Telecommunications, ...

Khmer Times Staff
https://www.khmertimeskh.com/501495567/minister-of-commerce-recommends-five-points-to-promote-the-export-of-cambodian-products/

Ministry Urges Review of Rural Road Techniques to Reduce Criticism

Ministry of Rural Development urges review of rural road construction techniques to ensure long-term quality and Reduce public criticism over previous cases of injections. ...

Hang Punreay
https://tinyurl.com/4bbfdm3d

Cambodia steps up renewable energy push

Cambodia is accelerating its transition to renewable energy to meet the growing energy demand and combat climate change, making clean energy a good investment option as well. ...

Chea Vanyuth
https://www.khmertimeskh.com/501515050/cambodia-steps-up-renewable-energy-push/

MoC initiates pilot project for nationwide wholesale markets

The Ministry of Commerce (MoC) is taking steps towards establishing a network of wholesale markets across Cambodia to improve market efficiency, reduce post-harvest losses and stabilize prices. ...

Chea Vanyuth
https://www.khmertimeskh.com/501517912/moc-initiates-pilot-project-for-nationwide-wholesale-markets/

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