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CDC okays $103.3M in new projects

The Council for the Development of Cambodia (CDC) on April 17 announced that it approved five new investment projects with a cumulative capital commitment of $103.3 million, which are expected to generate a total of 1,168 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-1033m-new-projects

Cambodia’s electronic payment amount among highest in world

The amount of payments made via electronic system in Cambodia reached nearly 1,000 percent of the country’s Gross Domestic Product (GDP) in 2022, said a senior official of National Bank of Cambodia (NBC). ...

Kang Sothear
https://www.khmertimeskh.com/501319532/cambodias-electronic-payment-amount-among-highest-in-world/

Premium seaplane slated for take-off late-2023 to early-2024

Cambodia’s first premium seaplane service is slated to start operations in late-2023 to early-2024, initially connecting Phnom Penh with locations within a 1.5-hour flying time. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-premium-seaplane-slated-for-take-off-late-2023-to-early-2024

Cambodia and Japan sign nearly $10 million grant aid

An exchange of notes concerning the provision of Japan’s grant aid at the amount of JPY 1,338,000,000 or approximately $9.7 million was signed here yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501382696/cambodia-and-japan-sign-nearly-10-million-grant-aid/

Health Ministry aims to reduce blindness to 0.35% of populace by 2030

The Ministry of Health announced an updated roadmap for the management of blindness and its prevention. The plan aims to reduce blindness among the populace to 0.35% from the present rate of 1.2% by 2030. ...

Hang Punreay
https://www.khmertimeskh.com/501404753/health-ministry-aims-to-reduce-blindness-to-0-35-of-populace-by-2030/

National strategic plan to fight human trafficking launched

The government has launched a strategic plan to combat all forms of human trafficking over the next five years. The goal is to gradually reduce and ultimately eliminate human trafficking. ...

Sen David
https://www.khmertimeskh.com/501534039/national-strategic-plan-to-fight-human-trafficking-launched/

Funan Techo Canal breaks ground with hopes of economic success; affected people promised compensation

Cambodia witnessed the groundbreaking of the $1.7 billion Funan Techo Canal in Kandal province aimed at boosting the economy via water transportation, with Prime Minister Hun Manet pledging to resolve public concerns over any loss of territory sovereignty. ...

Khuon Narim, Seoung Nimol, and Tang Porgech
https://cambojanews.com/funan-techo-canal-breaks-ground-with-hopes-of-economic-success-affected-people-promised-compensation/

Funan Techo Canal to boost trade, bring in investments

Cambodia Monday celebrated the commencement of the highly anticipated Funan Techo Canal project, a massive infrastructure initiative that will play an important role in transforming the country’s economic landscape. ...

Chea Vanyuth
https://www.khmertimeskh.com/501535770/funan-techo-canal-to-boost-trade-bring-in-investments/

PM: Cambodia prioritizes human capital development, aiming to transform Cambodia into a high-income country by 2050

Cambodian Prime Minister Hun Manet has stated that the Royal Government of the 7th legislature prioritizes human capital development, aiming to transform Cambodia into a high-income country by 2050. ...

Khmer Times Staff
https://www.khmertimeskh.com/501536300/pm-cambodia-prioritizes-human-capital-development-aiming-to-transform-cambodia-into-a-high-income-country-by-2050/

Cambodian migrant workers send $2.9B home annually

Every year, migrant workers send more than $2.9 billion sending money to their families, which not only supports their livelihoods but significantly contributes to the national economy. ...

Meas Molika
https://kiripost.com/stories/cambodian-migrant-workers-send-29b-home-annually

MoE underscores success of environment initiatives

The Ministry of Environment has underscored the success of the “Green Sprouts” initiative and ongoing efforts to preserve Cambodia’s natural resources since the new government assumed office in August of last year. ...

Ben Sokhean
https://www.khmertimeskh.com/501551974/moe-underscores-success-of-environment-initiatives/

Cambodia-China trade enjoys robust growth in first eight months of 2024

Cambodia’s trade with China enjoyed robust growth of 24.5% in the first eight months of this year, said an official report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501556881/cambodia-china-trade-enjoys-robust-growth-in-first-eight-months-of-2024/

Unions seek safeguards to ensure workers benefit from wage rise

The Ministry of Labour will examine requests by nine unions regarding seven proposals to help workers receive essential support benefits following the monthly wage rise to $208 for next year. ...

Sen David
https://www.khmertimeskh.com/501563885/unions-seek-safeguards-to-ensure-workers-benefit-from-wage-rise/

Over $5 billion investment projects registered in Q3

Cambodia has secured 315 fixed-asset investment projects worth $5.28 billion during the first nine months of this year, a report from the Council for the Development of Cambodia (CDC) showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570842/over-5-billion-investment-projects-registered-in-q3/

Cambodia, Thailand hold talks to set up SEZs

Cambodia and Thailand Wednesday held talks on establishing special economic zones, enhancing people-to-people connections, promoting tourism, besides strengthening bilateral cooperation between the two countries. ...

Mom Kunthear
https://www.khmertimeskh.com/501572163/cambodia-thailand-hold-talks-to-set-up-sezs/

Electrical exports bolster economy in 2023, up 50%

Cambodia exported over $3.1 billion in electrical machinery, equipment and related products to the international market in 2023, an increase of more than 50% compared to 2022. The export value of these products constituted nearly 14% of the country’s total exports, as per data from ...

Hin Pisei
https://www.phnompenhpost.com/business/electrical-exports-bolster-economy-in-2023-up-50-

Migrant workers in Thailand face obstacles returning home for Khmer New Year

Cambodians working in Thailand said they face challenges returning home for Khmer New Year, despite the Thai government waiving re-entry fees from April 1 to May 15. ...

Kuch Sikol
https://kiripost.com/stories/migrant-workers-in-thailand-face-obstacles-returning-home-for-khmer-new-year

Cambodia-ASEAN mull revising tariff to monitor trade flow

Cambodia along with the Association of Southeast Asian Nations (ASEAN) are considering revising the customs tariff regulations aimed at updating the product code to strengthen the efficiency of monitoring trade activities globally. ...

Nhean Chamrong
https://www.khmertimeskh.com/501575234/cambodia-asean-mull-revising-tariff-to-monitor-trade-flow/

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