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Phnom Penh Port’s August, 8-month revenue sees buoyant rise

State-owned Phnom Penh Autonomous Port’s revenue for August 2024 climbed 25 percent to $4.4 million from last year, amid buoyant growth in container TEUs and cargo volumes between January and August this year. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/phnom-penh-ports-august-8-month-revenue-sees-buoyant-rise

Iron and steel imports up nearly 60 percent

According to the data released by the General Department of Customs and Excise (GDCE) earlier this month, iron and steel imports into the Kingdom increased by 59.2 percent during the first eight months of 2024 compared to the imports of these two core construction materials ...

James Whitehead
https://www.khmertimeskh.com/501564466/iron-and-steel-imports-up-nearly-60-percent/

REDD+ scholarships and training reduce indigenous reliance on forest resources

The REDD+ Keo Seima Project, implemented by the Wildlife Conservation Society (WCS) in collaboration with the Ministry of Environment, is providing scholarships and vocational training to 73 indigenous students and youth to help them continue their studies and earn income without relying on forest resources. ...

Phak Seangly
https://www.phnompenhpost.com/national/redd-scholarships-and-training-reduce-indigenous-reliance-on-forest-resources

Govt to address economic challenges, Pornmoniroth says

Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF), yesterday asked the private sector to engage in discussions on major issues such as addressing current economic challenges, revising export tax on copper tax and reassessing overdue interest rates. ...

Nhean Chamrong
https://www.khmertimeskh.com/501570207/govt-to-address-economic-challenges-pornmoniroth-says/

Ministry: Regional nurseries underway; will support reforestation efforts

The Ministry of Environment is currently establishing a regional tree nursery at the Keo Seima Wildlife Sanctuary Office in Mondulkiri Province. Once completed, it will produce more than half a million saplings, which will be distributed to citizens for planting, with the goal of restoring ...

Phak Seangly
https://www.phnompenhpost.com/national/ministry-regional-nurseries-underway-will-support-reforestation-efforts

NEC readies first council election for new Kampong Som city

Election for a new city in Preah Sihanouk province has been officially scheduled for January next year. The National Election Committee (NEC) has picked January 26, 2025 for electing the Kampong Som City Council for the first time ever. ...

Torn Vibol
https://www.khmertimeskh.com/501571568/nec-readies-first-council-election-for-new-kampong-som-city/

Cambodia's international trade continues positive growth

Cambodia’s bilateral trade with partner countries in the first nine months of 2024 reached nearly $41 billion, marking a year-on-year increase of over 16%, with a trade deficit of over $1 billion. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-s-international-trade-continues-positive-growth

Financial firm consolidation will boost industry resilience, says NBC governor

Witnessing the merger between PRASAC Minority Depository Institution (MDI) and Kookmin Bank Cambodia, the Governor of the National Bank of Cambodia (NBC) Chea Serey expressed hope to see more consolation happening in the industry to boost its resilience and efficiency. ...

Nhean Chamrong
https://www.khmertimeskh.com/501446574/financial-firm-consolidation-will-boost-industry-resilience-says-nbc-governor/

Minister highlights TVET as path to higher education

Minister of Labour and Vocational Training Heng Sour stated that technical and vocational education training (TVET) serves as a bridge for young people to develop simple skills which can be combined and form a foundation for further studies in college. ...

Van Socheata
https://www.phnompenhpost.com/national/minister-highlights-tvet-as-path-to-higher-education

MoT, WWF team up to promote green tourism

The Ministry of Tourism (MoT) and the World Wide Fund for Nature (WWF) teamed up to promote ‘green tourism’ in the Kingdom by prioritising the conservation of natural resources while promoting the use of renewable energy aimed at turning the country into a world-class tourism ...

Nhean Chamrong
https://www.khmertimeskh.com/501445996/mot-wwf-team-up-to-promote-green-tourism/

Ly Thuch receives Martin Vavra, Ambassador of the Czech Republic to Cambodia

Dr. Ly Thuch, Senior Minister and First Vice President of the Mines Authority, on February 26, 2024, at the Office of the Mine Authority, received Martin Vavra, Ambassador of the Czech Republic to Cambodia, for a courtesy call and an inquiry on mine action in ...

Khmer Times Staff
https://www.khmertimeskh.com/501446375/ly-thuch-receives-martin-vavra-ambassador-of-the-czech-republic-to-cambodia/

NSSF targets broader membership

The National Social Security Fund (NSSF) is set to continue enhancing the promotion of voluntary contributions to healthcare in 2024, aimed at bolstering the effectiveness of efforts geared towards safeguarding the welfare of the Cambodian people. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/nssf-targets-broader-membership

Cambodia expects over million EVs by next decade

Cambodia is expecting to have over a million electric two and three-wheelers in the country between 2030 and 2040 and about 100,000 electric cars between 2035 and 2042, according to the Electric Vehicle (EV) Roadmap for Charging Stations, released recently by the Ministry of Public ...

Manoj Mathew
https://www.khmertimeskh.com/501437127/cambodia-expects-over-million-evs-by-next-decade/

Cambodia asks the EU to examine the possibility of cooperating on land registration throughout the country

The Minister of Land Management, Urban Planning, and Construction, Say Sam Al, requested the European Union examine the possibility of cooperation on land registration throughout the country and the establishment of construction standards in Cambodia to promote economic growth and improve the living standards of ...

Khmer Times Staff
https://www.khmertimeskh.com/501439239/cambodia-asks-the-eu-to-examine-the-possibility-of-cooperating-on-land-registration-throughout-the-country/

MPTC to hold digital government forum 2024 next month

The Ministry of Post and Telecommunications (MPTC) is organizing the “Digital Government Forum 2024” on March 11-13, 2024 at the Koh Pich Convention and Exhibition Centre, allowing experts to discuss new trend in digital technologies and acceleration of digital transformation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501439034/mptc-to-hold-digital-government-forum-2024-next-month/

PM urges the strengthening of intellectual property rights

Prime Minister Hun Manet urged the Ministry of Culture and Fine Arts, including relevant institutions, to strengthen work related to intellectual property, copyright, and related rights to prevent plagiarism and to amend the relevant legal framework in line with the development of technology. ...

Torn Vibol
https://www.khmertimeskh.com/501453587/pm-urges-the-strengthening-of-intellectual-property-rights/

Cambodia’s rubber article exports rise 90 percent

Cambodia earned $215 million from the exports of rubber articles in the first two months of this year, an increase of 90 percent compared to the same period last year, according to the latest trade data of the General Department of Customs and Excise (GDCE). ...

Manoj Mathew
https://www.khmertimeskh.com/501458804/cambodias-rubber-article-exports-rise-90-percent/

Trade with Singapore grows, exceeds $900M

The total value of trade between Cambodia and Singapore amounted to almost $920 million in 2023, marking an increase of over 7% compared to the previous year. Imports from the city-state represented a substantial 94% of the figure, according to the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-with-singapore-grows-exceeds-900m

Gov’t bonds reduce foreign borrowing

Since the government, through the Ministry of Economy and Finance, started issuing sovereign bonds in September 2022, they have emerged as a new financial instrument, enabling the government to augment domestic revenue, thereby reducing the need to borrow from foreign sources for infrastructure development. ...

May Kunmakara
https://www.phnompenhpost.com/post-in-depth/gov-t-bonds-reduce-foreign-borrowing

Cambodia mulls DTA talks with seven countries

Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...

Chea Vanyuth
https://www.khmertimeskh.com/501475836/cambodia-mulls-dta-talks-with-seven-countries/

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