PM Hun Sen says bilateral FTA with China boosts Cambodia’s exports
Cambodian Prime Minister Hun Sen said on Thursday that the Cambodia-China Free Trade Agreement (CCFTA), which took effect on Jan. 1, 2022, has given a boost to the kingdom’s exports to China. ...
Khmer Times Staff
https://www.khmertimeskh.com/501305373/pm-hun-sen-says-bilateral-fta-with-china-boosts-cambodias-exports/
Labour Ministry, SCIA ink MoU on Vocational Training for Cambodia’s young people
The Ministry of Labor and Vocational Training and Singapore Cambodia International Academy (SCIA) have reached a Memorandum of Understanding to cooperate in carrying out the Royal Government of Cambodia’s policy on vocational training for 1.5 million young people. ...
Khmer Times Staff
https://www.khmertimeskh.com/501312580/labour-ministry-scia-ink-mou-on-vocational-training-for-cambodias-young-people/
Three-week campaign period announced for forthcoming national election season
The campaign period for next month’s general election will last 21 days, from July 1-21, said Prach Chan, head of the National Election Committee (NEC), who also called for calm in the run-up to the election. ...
Kim Yutharo
https://www.phnompenhpost.com/national/three-week-campaign-period-announced-forthcoming-national-election-season
PP’s garbage collection increases
Phnom Penh City Hall Authority said that the collection and transportation of garbage in Phnom Penh per day amounted to more than 3,700 tonnes, an increase of a 1,000 tonnes of waste compared to 2020-21. ...
Tith Kongnov
https://www.khmertimeskh.com/501316685/pps-garbage-collection-increases/
WFP and Cambodian Agriculture Cooperative Corporation launch $3 million project to support smallholder farmers
The United Nations World Food Programme (WFP) and the Cambodian Agriculture Cooperative Corporation (CACC) are launching a new project targeting over 1,200 smallholder farmers and their extended families in Koh Nhek, Mondulkiri, the country’s north-eastern province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501287044/wfp-and-cambodian-agriculture-cooperative-corporation-launch-3-million-project-to-support-smallholder-farmers/
Economy to grow 5.5% in 2023, says NBC
Cambodia’s GDP is expected to grow by 5.5 percent with a low inflation rate of two percent in 2023, due to external factors and the re-opening of the economy. ...
Mao Sreypich
https://kiripost.com/stories/national-bank-cambodia-economy-to-grow-5-point-5-2023
Deal inked for $19m biodiverse landscapes fund
The British Embassy Phnom Penh and the Secretary of State of the Ministry of Environment on Thursday signed a Memorandum of Understanding (MoU), formalizing cooperation on the UK’s Biodiverse Landscapes Fund (BLF) in Cambodia. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-deal-inked-for-19m-biodiverse-landscapes-fund
Cambodia’s exports to Indonesia jump 112 percent
Cambodia’s exports to Indonesia and India rose the most in the January to November 2023 period, by 111.7 percent and 55.1 percent respectively, compared to the same period in 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501415859/cambodias-exports-to-indonesia-jump-112-percent/
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/
MAFF mulls climate change insurance for farming communities
The Ministry of Agriculture, Forestry and Fisheries is considering the possibility of introducing climate change insurance into modern farming communities to help farmers from the risks caused by the climate change. ...
Mom Kunthea
https://www.khmertimeskh.com/501532251/maff-mulls-climate-change-insurance-for-farming-communities/
MISTI, MPTC seal deal on digital security
The Ministry of Industry, Science, Technology and Innovation (MISTI) and the Ministry of Post and Telecommunications (MPTC) Monday signed a Memorandum of Understanding (MoU) on digital security in Phnom Penh. ...
Jigme Palden Pazo
https://www.khmertimeskh.com/501520189/misti-mptc-seal-deal-on-digital-security/
Minister seeks continued ADB support to combat climate change
Minister of Water Resources and Meteorology Thor Chetha requested the Asian Development Bank (ADB) to continue investing in water resources management and meteorology systems to combat climate change and natural disasters. ...
Ry Sochan
https://www.phnompenhpost.com/national/minister-seeks-continued-adb-support-to-combat-climate-change
Cambodia set to sign DTAs with Laos, Philippines
Cambodia will soon sign double taxation agreements (DTAs) with Laos and the Philippines, as it has completed technical procedures for the deals, the General Department of Taxation (GDT) said. ...
Chea Vanyuth
https://www.khmertimeskh.com/501549922/cambodia-canada-hold-talks-to-promote-bilateral-trade-in-agriculture-agri-food/
EU reaffirms support for Cambodia’s water supply sector, development of green industry, research, innovation
The European Union (EU), has reaffirmed its ongoing support for Cambodia’s water supply sector and expressed interest in expanding collaboration for the development of green industry, research and innovation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501550161/eu-reaffirms-support-for-cambodias-water-supply-sector-development-of-green-industry-research-innovation/