Vietnam, Cambodia promote cooperation in industry and trade
Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian
Khmer Times Staff
https://www.khmertimeskh.com/501406114/vietnam-cambodia-promote-cooperation-in-industry-and-trade/
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
Cambodian Banking and Financial Associations implement new rules to strengthen operations and consumer protection
The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have introduced new regulations to enhance responsible business practices and bolster consumer protection in the country’s banking and financial sectors. Announced on Friday, the new rules are designed to promote a sustainable
Khmer Times Staff
https://www.khmertimeskh.com/501543235/cambodian-banking-and-financial-associations-implement-new-rules-to-strengthen-operations-and-consumer-protection/
Govt announces free tours to northeastern border provinces to address concerns over sovereignty
In a bid to disprove false claims about the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) by overseas-based opposition groups, Prime Minister Hun Manet is arranging free transport for the public to see for themselves the real situation at the border areas.
CDC approves nearly 400 investment projects worth over $7.5 billion in one year
From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion.
Khmer Times Staff
https://www.khmertimeskh.com/501549890/cdc-approves-nearly-400-investment-projects-worth-over-7-5-billion-in-one-year/
Cambodian economy stabilizing in 2024 with increased liquidity, exports
The Cambodian economy is demonstrating signs of an overall rebound in 2024, spurred by improving liquidity and improving export demand, says a recently released report, titled ‘Economic Snapshot and Outlook 2024’ by investment advisory firm, Mekong Strategic Capital (MSC).
James Whitehead
https://www.khmertimeskh.com/501549598/cambodian-economy-stabilizing-in-2024-with-increased-liquidity-exports/
Cambodia seeks to harness R&D investment for technology-driven solutions to local challenges
The Ministry of Industry, Science, Technology & Innovation (MISTI) hosted a workshop on Friday, titled “Cambodia’s National R&D Management System,” aimed at bolstering the research ecosystem by helping researchers choose innovative research topics and transfer their results for socio-economic benefits.
Khmer Times Staff
https://www.khmertimeskh.com/501555486/cambodia-seeks-to-harness-rd-investment-fortechnology-driven-solutions-to-local-challenges/
Demands eased in 3rd round of workers’ wage negotiations
The third meeting over negotiations for next year’s minimum wage for the garment, footwear and travel goods industries was held on Friday with a better than expected result as both sides have shifted on their previous demands.
Sen David
https://www.khmertimeskh.com/501555369/demands-eased-in-3rd-round-of-workers-wage-negotiations/
Cambodia’s trade with RCEP countries reaches $22.92 billion in the first eight months of 2024, reflecting 17.2% growth
Cambodia’s trade volume with Regional Comprehensive Economic Partnership (RCEP) countries soared to 22.92 billion U.S. dollars in the first eight months of 2024, marking a 17.2% increase compared to 19.55 billion dollars during the same period last year.
Khmer Times Staff
https://www.khmertimeskh.com/501563595/cambodias-trade-with-rcep-countries-reaches-22-92-billion-in-the-first-eight-months-of-2024-reflecting-17-2-growth/
Woori Bank: 30 years of ‘rapid expansion’
Woori Bank, one of South Korea’s leading commercial banks, is set to inject an additional $100 million into its Cambodian operations next year. This “strategic” move is in response to a notable increase in loan demand, aimed at stimulating business activities that slowed during the
May Kunmakara
https://www.phnompenhpost.com/business/woori-bank-30-years-rapid-expansion
Liechtenstein's Hasler arrives in Cambodia to strengthen diplomatic ties
Liechtensteinian Minister of Foreign Affairs, Education and Sport Dominique Hasler, arrived in Cambodia today for a three-day official visit to the Kingdom until March 2, as the Kingdom diversifies its diplomatic ties.
Nat’l Reading Day book fair begins on March 9
The Ministry of Education, Youth, and Sport has announced a three-day book fair from March 9-11 to celebrate the 9th National Reading Day to promote reading and writing in the country.
Torn Vibol
https://www.khmertimeskh.com/501450499/natl-reading-day-book-fair-begins-on-march-9/
Gov’t forms working groups to implement public services
Two days after Prime Minister Hun Manet announced a budget of $450 million to upgrade the public services across the nation, the Royal Government of Cambodia (RGC) on Thursday officially kick-started forming working groups across 14 districts in the Capital to effectively buttress the public
Nhean Chamrong
https://www.khmertimeskh.com/501438198/govt-forms-working-groups-to-implement-public-services/
