Kingdom looks to join China’s CIPS payment system
The National Bank of Cambodia (NBC) is looking into joining the RMB Cross-border interbank Payment System (CIPS) to provide additional international payment options; facilitate and boost trade, investment, tourism between the two countries through yuan-denominated transactions; and to make management of the Chinese currency in ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-looks-join-chinas-cips-payment-system
Joint venture funds coming to Cambodia ‘by end of Q1’
The Securities and Exchange Regulator of Cambodia (SERC) is set to authorise the establishment of joint venture funds in the first quarter of this year ending March 31, as the underlying regulatory framework nears completion, paving the way for licensed companies to raise money for ...
May Kunmakara
https://www.phnompenhpost.com/business/joint-venture-funds-coming-cambodia-end-q1
ASEAN launches river project
The ASEAN integrated river basin management (IRBM) project was launched in Manila, Philippines, to develop practical and innovative ways for communities, industries and governments to work together to revitalise the rivers of Southeast Asia. ...
Ry Sochan
https://www.phnompenhpost.com/national/asean-launches-river-project
SME Bank loans top $432M, help at least 3,260 businesses
The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed more than $432 million in loans to at least 3,260 SMEs, to keep them from going under during the height of the Covid-19 crisis, and subsequently to help them reopen and ...
May Kunmakara
https://www.phnompenhpost.com/business/sme-bank-loans-top-432m-help-least-3260-businesses
Prahok fish season bountiful
Minister of Agriculture, Forestry and Fisheries Dith Tina expressed his admiration for this year’s fishing season haul, which has seen fishermen catching up to three tonnes of fish in less than an hour, something he credits to the government’s efforts at preventing illegal fishing and ...
Orm Bunthoeurn and Lay Samean
https://www.phnompenhpost.com/business/prahok-fish-season-bountiful
Cambodia’s goods exports to US rise nearly a quarter on-year to $8.2B
Cambodia and the US traded goods worth $8.510 billion in the first 11 months of 2022, marking gains of 21.79 per cent on-year, with Cambodian exports to the world’s largest economy accounting for a 96.56 per cent share, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodias-goods-exports-us-rise-nearly-quarter-year-82b
Prahok fish season bountiful
Minister of Agriculture, Forestry and Fisheries Dith Tina expressed his admiration for this year’s fishing season haul, which has seen fishermen catching up to three tonnes of fish in less than an hour, something he credits to the government’s efforts at preventing illegal fishing and ...
Orm Bunthoeurn and Lay Samean
https://www.phnompenhpost.com/business/prahok-fish-season-bountiful
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
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 ...
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/