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H2 inflation to fall below 5%: NBC boss

Average year-on-year inflation for the second half (H2) of 2022 will fall below five per cent, on the back of improvements in economic activity, as gross domestic product (GDP) grows around five per cent over the period, National Bank of Cambodia (NBC) governor Chea Chanto ...

May Kunmakara
https://www.phnompenhpost.com/business/h2-inflation-fall-below-5-nbc-boss

ASEAN, India look for closer economic cooperation

Members of the Association of Southeast Asian Nations (ASEAN) and India on September 16 held the 19th consultation meeting on economic cooperation in Cambodia under the chair of Cambodian Minister of Commerce Pan Sorasak and India’s Minister of State for Commerce and Industry Anupriya Patel. ...

Khmer Times Staff
https://www.khmertimeskh.com/501152446/asean-india-look-for-closer-economic-cooperation/

Cambodia remittances to reach $2.7 billion this year

Remittances from Cambodian migrant workers have continued to rise, totalling $2,630 million in 2021, an increase of 11.4 percent compared to 2018, figures from the Ministry of Labor and Vocational Training showed yesterday. The remittances are set to increase this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501167410/cambodia-remittances-to-reach-2-7-billion-this-year/

Opportunity of AI and E-governance to advance the right to access information discussed

Cambodian experts, academia, government, civil society, private sector and youth discussed how AI and e-Government interact with the right to Access Information, in a recent seminar organised by UNECO and the Cambodia Academy of Digital Technology (CADT). ...

Khmer Times Staff
https://www.khmertimeskh.com/501170980/opportunity-of-ai-and-e-governance-to-advance-the-right-to-access-information-discussed/

$25.4M projects to create 6500 jobs

In continuance with the policy to strengthen the Covid pandemic-scarred economy and push for growth, the Council for the Development of Cambodia (CDC) has recently approved projects worth $25.4 million. They are expected to generate around 6,500 job opportunities. ...

Khmer Times Staff
https://www.khmertimeskh.com/501174204/25-4m-projects-to-create-6500-jobs/

Four parties plan to request meetings on election reforms

Four political parties are planning to request meetings with the National Assembly (NA), National Election Committee (NEC) and the Ministry of Interior this week to submit “important” documents to them while urging revisions to the electoral system, a move they said must be made to ...

Nov Sivutha
https://www.phnompenhpost.com/national-politics/four-parties-plan-request-meetings-election-reforms

Clampdown on illegal online lending

The National Bank of Cambodia (NBC) said on Thursday they have joined forces with police to take legal action against those involved in fraudulent online lending saying it is a crime, and urged the public to contact official financial institutions when borrowing money. ...

Seng Mengheng
https://kiripost.com/stories/clampdown-on-illegal-online-lending

More than 400 people protest at Botum Sakor District Hall demanding speedy settlement of land issues

More than 400 people representing 557 families from three communities in Prelan commune, Botum Sakor district, Koh Kong province gathered at the district hall this Thursday morning to urged authorities to expedite the settlement of land disputes, claiming that Ly Yong Phat’s company had grabbed ...

Khut Sokun
https://www.vodkhmer.news/2022/09/29/more-than-400-people-protest-at-botum-sakor-district-hall-demanding-speedy-resolution-of-land-issues/

GDT’s tax collection target for 2023 up by $750M

The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...

Manoj Mathew
https://www.khmertimeskh.com/501175487/gdts-tax-collection-target-for-2023-up-by-750m/

Cambodia, South Korea trade up 14 percent

The bilateral trade between Cambodia and South Korea reached $818 million in the first nine months of this year, up 13.8 percent compared with the same period last year, according to a report of the Korea International Trade Association (KITA) issued this week. ...

Chea Vanyuth
http://khmertimeskh.com/501175675/cambodia-south-korea-trade-up-14-percent/

From loggers to farmers, Mondulkiri’s communities turned away from forests

Since an irrigation system was set up in his remote Mondulkiri village four years ago, Morn Samean saw his farming yields increase, reinforcing his impression that he made the right choice when he let go of his former activity, logging. ...

Teng Yalirozy
https://cambodianess.com/article/from-loggers-to-farmers-mondulkiris-communities-turned-away-from-forests

No Water Festival for Phnom Penh, say Council of Ministers

Phnom Penh will not see boat racing during the occasion of Water Festival Celebration this year, although the traditional event can still be organised in provinces across the country, according to a decision made during the Council of Ministers meeting on September 9. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/no-water-festival-phnom-penh-say-council-ministers

Cambodian Foreign Minister chairs Informal ASEAN Foreign Minister’s Meeting

Deputy Prime Minister Prak Sokhonn, Minister of Foreign Affairs and International Cooperation chaired the annual Informal ASEAN Foreign Minister’s Meeting (IAMM), held in New York City, USA on Sept. 22, on the sidelines of the 77th Session of the United Nations General Assembly (UNGA). ...

Khmer Times Staff
http://khmertimeskh.com/501157040/cambodian-foreign-minister-chairs-informal-asean-foreign-ministers-meeting/

Lumphat sanctuary to generate carbon credit by 2024

Lumphat Wildlife Sanctuary – home to a variety of endangered animals and birds – is expected to generate carbon credits in 130,000 hectares of the sanctuary by 2024 and reduce carbon emission by at least 115,000 tonnes per year. ...

Sar Socheath
https://www.khmertimeskh.com/501190983/lumphat-sanctuary-to-generate-carbon-credit-by-2024/

Pushing for safety: Ministry issues guidelines on students’ travel to school

In the wake of the recent boat capsize tragedy which claimed the lives of 11 students, the Education Ministry is pushing for measures to enhance safety, including an end to the use of modes of transport which pose a risk to passengers. ...

Torn Vibol
https://www.khmertimeskh.com/501173211/pushing-for-safety-ministry-issues-guidelines-on-students-travel-to-school/

Cambodia’s export to RCEP member countries up 6%

Cambodia exported a total of $4,703 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first nine months of this year, an increase of six percent when compared with the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501179416/cambodias-export-to-rcep-member-countries-up-6/

Plan to add 6 mine-free provinces by 2023: Thuch

Almost $6 million will be used on mine clearing across six provinces in the first phase of the Samdech Techo Project for Mine Action (STP-MA), according to the Cambodian Mine Action and Victim Assistance Authority (CMAA). ...

Mom Kunthear
https://www.phnompenhpost.com/national/plan-add-6-mine-free-provinces-2023-thuch

Lt Gen Hun Manet meets former Thai PM as he winds up visit

As Lieutenant General Hun Manet, the Royal Cambodian Army (RCA) Commander and Deputy Commander-in-Chief of the Royal Cambodian Armed Force (RCAF), concluded his official visit to Thailand on Tuesday, the Armed Forces of both nations vowed joint efforts to strengthen efforts to maintain peace, security ...

Ben Sokhean
https://www.khmertimeskh.com/501155411/lt-gen-hun-manet-meets-former-thai-pm-as-he-winds-up-visit/

Prek Tnaot families face eviction for river ‘restoration’ linked to elite company

Nearly 100 families living near Takhmao city are facing eviction as authorities pledge to restore the heavily-polluted river running next to their homes in a project linked to a real estate company with connections to the prime minister’s family. ...

Ngay Nai and Fiona Kelliher
https://vodenglish.news/prek-tnaut-families-face-eviction-for-river-restoration-linked-to-elite-company/

ASEAN FMs talk Myanmar

ASEAN’s foreign ministers renewed calls for intensified engagement with all conflicting parties in Myanmar, as the crisis has dragged on just over two years since the military took power from the former civilian administration led by Aung San Suu Kyi. ...

Neang Sokunthea
https://www.phnompenhpost.com/national-politics/asean-fms-talk-myanmar

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