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Cambodia needs $30B for 150 prioritised infrastructure projects

Cambodia has sought partners to raise about $30 billion of investment funds to implement 150 hard and soft infrastructure projects that the government has classified as priorities to place in the Comprehensive Intermodal Comprehensive Master Plan (CIT-MP) for the next ten years, said a release ...

Kang Sothear
https://www.khmertimeskh.com/501278432/cambodia-needs-30b-for-150-prioritised-infrastructure-projects/

Kingdom seeks partners for planned Mondulkiri airport

Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-seeks-partners-planned-mondulkiri-airport

New govt body to regulate Cambodia’s digital economy

The Royal Government of Cambodia (RGC) has issued a sub-decree to establish the General Department of Digital Economy that will exclusively function under the Ministry of Economy and Finance (MEF) to direct, regulate and develop the digital economy in the country after the Deputy Prime ...

Kang Sothear
https://www.khmertimeskh.com/501314071/new-govt-body-to-regulate-cambodias-digital-economy/?p=1314071

Drug trafficking via Golden Triangle on the radar screen

A joint delegation comprising Cambodia, Thailand, Laos, Vietnam, and the UN recently undertook a five-day visit to the Thai-Lao-Cambodian border. Their objective was to assess the situation of drug trafficking and chemicals originating from the transboundary Golden Triangle which affect countries in the region. The ...

Ry Sochan
https://www.phnompenhpost.com/national/drug-trafficking-golden-triangle-radar-screen

Cambodia’s rubber exports earn more than $200 million, up nearly 40%

Cambodia earned more than $200 million from the export of rubber and rubber products, an increase of more than 38 percent compared to the same period in 2022, reaching just over $149 million. This is according to the four-months report of 2023 of the General ...

Khmer Times Staff
https://www.khmertimeskh.com/501293951/cambodias-rubber-exports-earn-more-than-200-million-up-nearly-40/

P Veng builds infrastructure for ecotourism opportunities

The Prey Veng provincial leadership have expressed their commitment to building more transport infrastructure in both urban and rural areas to attract more visitors to the province. They described the province as having further tourism potential, but described the existing infrastructure as “limited”.​ ...

Sem Pisey
https://www.phnompenhpost.com/national/p-veng-builds-infrastructure-ecotourism-opportunities

Chinese state-owned firm picked for study on Siem Reap expressway

Chinese state-owned China Road and Bridge Corp (CRBC) has been authorised by the Ministry of Public Works and Transport to conduct a formal, more in-depth study on the proposed Phnom Penh-Siem Reap Expressway, as the government seeks to spur transportation and tourism between the two ...

Hin Pisei
https://www.phnompenhpost.com/national/chinese-state-owned-firm-picked-study-siem-reap-expressway

Cambodia, Laos step up cooperation

Cambodian Prime Minister Hun Sen on February 13 started an official visit to neighbouring Laos. Sry Thamarong, minister attached to the prime minister, said that PM Hun Sen held bilateral talks with his Lao counterpart Sonexay Siphandone to discuss ways to further enhance bilateral ties ...

Khmer Times Staff
https://www.khmertimeskh.com/501238347/cambodia-laos-step-up-cooperation/

Polls campaigning proceed peacefully across the nation, says NEC

The Cambodian Youth Party and Woman for Woman Party held rallies in Phnom Penh and Tbong Khmum province. National Election Committee (NEC) spokesman, Hang Puthea, announced that besides these two rallies, other political parties also campaigned across the nation and met with local people and ...

Son Minea
https://www.khmertimeskh.com/501325553/polls-campaigning-proceed-peacefully-across-the-nation-says-nec/

Consumers’ complaint mechanism soon, NBC says

The National Bank of Cambodia has prepared a draft proclamation on standardised or common consumers’ complaint response mechanism for all banking, payment and financial institutions in the country to comply with NBC’s guidelines after consumers have expressed dissatisfaction over the existing mechanisms, said a senior ...

Kang Sothear
https://www.khmertimeskh.com/501325554/consumers-complaint-mechanism-soon-nbc-says/

Rubber exports go up 42.1% H1

Cambodia earned $324 million from the exports of natural rubber and rubber articles in the January to June half-year (H1) period of 2023, an increase of 42.1 percent compared to the same period last year, according to the latest trade data of the General Department ...

Manoj Mathew
https://www.khmertimeskh.com/501329610/rubber-exports-go-up-42-1-h1/

‘CPP vow to strengthen national solidarity, will ensure peace’: Samrin

National Assembly President Heng Samrin, in his capacity as honorary president of the ruling Cambodian People’s Party (CPP), said his party remains dedicated to enhancing national unity, disregarding political affiliation, gender, religion, ethnicity, or social status.​ ...

Tith Reanu Pichet
https://www.phnompenhpost.com/national/cpp-vow-strengthen-national-solidarity-will-ensure-peace-samrin

Preah Sihanouk land encroachers remove shacks, sign contracts

The Preah Sihanouk provincial authorities detained a group for allegedly encroaching on state land in Chamnot Ream village of Prey Nop district’s Bit Traing commune and dismantled the 18 huts they had built there. ...

Orm Bunthoeurn and Bor Pich Zelin
https://www.phnompenhpost.com/national/preah-sihanouk-land-encroachers-remove-shacks-sign-contracts

Cambodia’s policy toward China remains unchanged, says PM

In the new mandated government, Cambodia’s policy toward China remains unchanged, based on the spirit of traditional friendship, mutual trust and win-win cooperation. ...

Chea Vanyuth
https://www.khmertimeskh.com/501332389/cambodias-policy-toward-china-remains-unchanged-says-pm/

Cambodia and Canada ready to work more together for the mutual benefit of both countries

Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, on October 25, received a courtesy call from Ping M. Kitnikone on the occasion of her appointment as the new Ambassador Extraordinary and Plenipotentiary of Canada to the Kingdom of Cambodia ...

Khmer Times Staff
https://www.khmertimeskh.com/501382298/cambodia-and-canada-ready-to-work-more-together-for-the-mutual-benefit-of-both-countries/

Gov’t to exempt patent tax for online press

The Royal Government of Cambodia (RGC) has agreed to exempt patent tax for small online press institutions as well as reduce 50 percent of the registration fee to the new press united in the Ministry of Information (MoI) for the next five years, said a ...

Nhean Chamrong
https://www.khmertimeskh.com/501398047/govt-to-exempt-patent-tax-for-online-press/

Footwear exports dip; sector shows signs of recovery

Cambodia netted over $1.2 billion from exporting footwear, gaiters and related articles in the first 11 months of 2023, marking a nearly 23% decrease year-on-year. However, the last few months of 2023 showed signs of gradual improvement, as reported by the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/footwear-exports-dip-sector-shows-signs-of-recovery

Cambodia earns $790 million from rubber article exports

Cambodia earned $789.75 million from the exports of rubber and articles made of rubber in the January to November period of 2023, recording an increase of 74.5 percent compared to the same period last year, according to the latest trade data of the General Department ...

Manoj Mathew
https://www.khmertimeskh.com/501416422/cambodia-earns-790-million-from-rubber-article-exports/

Gov’t revenue $4.9B, spending $6.3B

The government’s national revenue collection in the first 10 months of 2023 reached nearly $4.9 billion, equating to almost 78% of the target set by the 2023 Law on Financial Management, while total expenditures stood at over $6.3 billion, as reported by the Ministry of ...

https://www.phnompenhpost.com/business/gov-t-revenue-4-9b-spending-6-3b

Cambodia’s GFT exports jump 20.69 percent

The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...

Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/

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