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Electrical exports spark to $2.1B

Exports of electrical machinery, equipment and related products surpassed $2.1 billion in the first eight months of 2023, marking a near 100 per cent growth from the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://phnompenhpost.com/business/electrical-exports-spark-21b

ILO applauds Cambodia’s work, social protection achievements

The UN team responsible for promoting decent work commended the Cambodian government for its involvement in the decent work and social protection initiative. Minister of Labour and Vocational Training Heng Sour also asked the UN agency to further intensify its efforts to develop the nation’s ...

Sok Raksa
https://www.phnompenhpost.com/national/ilo-applauds-cambodias-work-social-protection-achievements

NSSF to extend healthcare access

The National Social Security Fund (NSSF) is set to launch a five-year strategy focused on job development and vocational training. This is a key step in broadening the range of services available to the families and dependents of fund members. ...

Chea Sokny
https://www.phnompenhpost.com/national/nssf-extend-healthcare-access

Cambodia-China trade likely to touch $15 billion by 2025

The bilateral trade between Cambodia and China is expected to reach $15 billion by 2025, a top official said. The trade figure between both nations touched $11 billion in 2022. ...

Adur Pradeep
https://www.khmertimeskh.com/501351943/cambodia-china-trade-likely-to-touch-15-billion-by-2025/

Online biz registrations surging

The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging

Online biz registrations surging

The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging

Minimum wage negotiations ongoing

The National Council on Minimum Wage (NCMW) convened for its second tripartite meeting on August 28, aiming to determine a minimum wage for workers in Cambodia. Representatives from trade unions and employers gathered for discussions, though a definite base salary figure remains undecided. ...

Van Socheata 
https://www.phnompenhpost.com/national/minimum-wage-negotiations-ongoing

Cattle farmers concerned by falling prices, illegal imports

A large number of cattle raisers have complained that cow prices have fallen and not many traders have been buying cows for more than a month. A local livestock raising association has suggested that falling prices may be due to an increase in meat imports ...

Van Socheata 
https://www.phnompenhpost.com/business/cattle-farmers-concerned-falling-prices-illegal-imports

Kirirom Park reforestation growing roots

In the verdant expanse of Preah Suramrit Kosamak Kirirom National Park, a notable endeavour is taking root. As part of a considerable environmental initiative, nearly 20,000 saplings have found a new home within the Buddhist Cultural Centre’s grounds. ...

Bor Pich Zelin
https://m.phnompenhpost.com/national/kirirom-park-reforestation-growing-roots

Cambodia’s economy continues to recover strongly, says AMRO

An initial research by an international economic and financial research organisation shows that Cambodia’s economy has continued to recover strongly with a high growth rate that is supported by more active domestic economic activities and growth in its service sector, according to a statement released ...

Kang Sothear
https://www.khmertimeskh.com/501360750/cambodias-economy-continues-to-recover-strongly-says-amro/

China, ASEAN eye closer ties as expo, summit opens

Premier Li Qiang reaffirmed on Sunday Beijing’s commitment to a neighborhood policy of amity, sincerity, mutual benefit, and inclusiveness in bolstering ties with the Association of Southeast Asian Nations, calling for a closer bond of interests between China and the 10-nation regional group. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362741/china-asean-eye-closer-ties-as-expo-summit-opens/

PM and his spouse leave Phnom Penh to attend the “United Nations 78th General Assembly

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, and his spouse Dr. Pech Chanmony, led a high-level delegation of the Royal Government of Cambodia to attend the “United Nations for the 78thGeneral Assembly” in New York, USA from September 21 to 25, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501364301/pm-and-his-spouse-leave-phnom-penh-to-attend-the-united-nations-78th-general-assembly/

MRC advances fund for climate-hit residents

The Mekong River Commission (MRC) took an important step towards creating a fund to aid residents most affected by climate change, combined with water infrastructure development, at the 56th meeting of the MRC joint committee in the Laotian capital Vientiane, on September 27. ...

Ry Sochan
https://www.phnompenhpost.com/national/mrc-advances-fund-climate-hit-residents

Rice showcased at German expo

Hopes are high among the Cambodia Rice Federation (CRF) and leading industry players that the country’s fragrant and organic rice could expand its European market presence, following the Anuga Food Trade Fair 2023 in Cologne, Germany. ...

May Kunmakara
https://www.phnompenhpost.com/business/rice-showcased-german-expo

Exports to S Korea help reduce current trade deficit: pundit

Trade between Cambodia and South Korea reached nearly $504 million in the first eight months of 2023, marking an 8.4 per cent decline over the same period last year, according to the General Department of Customs and Excise (GDCE). Despite this, Cambodian exports surged by ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-s-korea-help-reduce-current-trade-deficit-pundit

PM urges ASEAN economic integration

ASEAN leaders and business community need to enhance and deepen the ASEAN Economic Integration and promote intra-ASEAN trade and investment as the world experiences geopolitical tensions and economic uncertainties, urged Prime Minister Hun Manet in his first overseas speech. ...

May Kunmakara
https://phnompenhpost.com/business/pm-urges-asean-economic-integration

China-Cambodia ties rock solid, set example for new type of international relations

Chinese Premier Li Qiang met Wednesday with Cambodia’s new Prime Minister Hun Manet, saying that bilateral ties have withstood changes in the international landscape, and remained rock-solid and unbreakable, setting an example for a new type of international relations. ...

Khmer Times Staff
https://www.khmertimeskh.com/501356485/china-cambodia-ties-rock-solid-set-example-for-new-type-of-international-relations/

Yoon meets with leaders of Cambodia, Laos, Philippines, Singapore

South Korean President Yoon Suk Yeol held a series of bilateral meetings with the leaders of Cambodia, Laos, the Philippines and Singapore on Thursday as he sought to expand cooperation and win support for South Korea’s bid to host the 2030 World Expo in Busan. ...

Khmer Times Staff
https://www.khmertimeskh.com/501357124/yoon-meets-with-leaders-of-cambodia-laos-philippines-singapore/

Cambodia, China to sign 6 more MoUs to enhance investment cooperation

The Council for the Development of Cambodia (CDC) and China’s ministry of commerce are expected to sign six more memoranda of understanding (MoUs) to enhance comprehensive investment cooperation that covers the promotion of investment in the digital sector, new types of industrialisation, green development and ...

Khmer Times Staff
https://www.khmertimeskh.com/501358251/cambodia-china-to-sign-6-more-mous-to-enhance-investment-cooperation/

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