Japan to offer grant aid in support of cadastral surveying and land registration in Cambodia
Japan will provide Cambodia for JPY 1,338 million ($9.7 million) for the implementation of the project for the Establishment of a Nationwide Continuously Operating Reference Station Network, according to Cambodia’s Ministry of Foreign Affairs and International Cooperation’s press release and obtained by AKP today. ...
Khmer Times Staff
https://www.khmertimeskh.com/501381543/japan-to-offer-grant-aid-in-support-of-cadastral-surveying-and-land-registration-in-cambodia/
Cambodia set to continue export duty incentives in rubber sector
Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-set-to-continue-export-duty-incentives-in-rubber-sector
ASEAN, including Cambodia, discuss economic ties
Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation (MFAIC) and leaders of the ASEAN community discussed ways to strengthen cooperation in the fields of green transition, blue economy, climate change, energy and food security, digital transformation and supply chain ...
Nhean Chamrong
https://www.khmertimeskh.com/501531492/asean-including-cambodia-discuss-economic-ties/
BAKC launches nationwide legal training for local authorities
Local authorities from the district to village levels throughout the country will receive training from the Bar Association of the Kingdom of Cambodia (BAKC) to increase legal awareness on topics ranging from birth, marriage and death certificates to criminal and civil procedures. ...
Niem Chheng
https://www.phnompenhpost.com/national/bakc-launches-nationwide-legal-training-for-local-authorities
Cambodia bats for Mekong’s economic development
Cambodia has endorsed the Mekong cooperation with Korea and Japan which focuses on connecting societies, promoting digitalisation and providing proactive responses to the citizens in the community aimed at elevating inclusive and sustainable development in the region. ...
Nhean Chamrong
https://www.khmertimeskh.com/501532249/cambodia-bats-for-mekongs-economic-development/
Cambodian Banking and Financial Associations implement new rules to strengthen operations and consumer protection
The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have introduced new regulations to enhance responsible business practices and bolster consumer protection in the country’s banking and financial sectors. Announced on Friday, the new rules are designed to promote a sustainable ...
Khmer Times Staff
https://www.khmertimeskh.com/501543235/cambodian-banking-and-financial-associations-implement-new-rules-to-strengthen-operations-and-consumer-protection/
ARDB, APRACA sign MoU to create CoE on green financing
Agricultural and Rural Development Bank (ARDB) and Asia-Pacific Rural and Agricultural Credit Association (APRACA) Thursday signed a Memorandum of Understanding (MoU) to create the Center of Excellence (CoE) to conduct research on green financing in agriculture in Cambodia. ...
Mom Kunthea
https://www.khmertimeskh.com/501539675/ardb-apraca-sign-mou-to-create-coe-on-green-financing/
China reaffirms commitment to support Cambodia’s development
China has reiterated its strong commitment to supporting Cambodia in pursuing a development path tailored to its national conditions, with the goal of becoming an upper middle-income economy by 2030 and a high-income country by 2050. ...
Taing Rinith
https://www.khmertimeskh.com/501540962/china-reaffirms-commitment-to-support-cambodias-development/
FiA, UNIDO urge stakeholders to adhere to food safety standards
The Fisheries Administration (FiA) and the United Nations Industrial Development Organization (UNIDO) called on all stakeholders in the fishery value chains to collaborate with the Fisheries Competent Authority (FCA) to implement necessary food safety requirements and follow the required processes, from application submission to obtaining ...
Mom Kunthea
https://www.khmertimeskh.com/501535758/fia-unido-urge-stakeholders-to-adhere-to-food-safety-standards/
Authorities relocate families, plant trees to restore Phnom 1500
Authorities plan to provide land to around 70 families who have agreed to leave Phnom 1500 for a new location this August, while 50,000 saplings are being planted to restore the forest and create a natural tourism destination. ...
Phak Seangly
https://www.phnompenhpost.com/national/authorities-relocate-families-plant-trees-to-restore-phnom-1500
Govt announces free tours to northeastern border provinces to address concerns over sovereignty
In a bid to disprove false claims about the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) by overseas-based opposition groups, Prime Minister Hun Manet is arranging free transport for the public to see for themselves the real situation at the border areas. ...
CDC approves nearly 400 investment projects worth over $7.5 billion in one year
From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501549890/cdc-approves-nearly-400-investment-projects-worth-over-7-5-billion-in-one-year/
Cambodian economy stabilizing in 2024 with increased liquidity, exports
The Cambodian economy is demonstrating signs of an overall rebound in 2024, spurred by improving liquidity and improving export demand, says a recently released report, titled ‘Economic Snapshot and Outlook 2024’ by investment advisory firm, Mekong Strategic Capital (MSC). ...
James Whitehead
https://www.khmertimeskh.com/501549598/cambodian-economy-stabilizing-in-2024-with-increased-liquidity-exports/
Cambodia seeks to harness R&D investment for technology-driven solutions to local challenges
The Ministry of Industry, Science, Technology & Innovation (MISTI) hosted a workshop on Friday, titled “Cambodia’s National R&D Management System,” aimed at bolstering the research ecosystem by helping researchers choose innovative research topics and transfer their results for socio-economic benefits. ...
Khmer Times Staff
https://www.khmertimeskh.com/501555486/cambodia-seeks-to-harness-rd-investment-fortechnology-driven-solutions-to-local-challenges/
Demands eased in 3rd round of workers’ wage negotiations
The third meeting over negotiations for next year’s minimum wage for the garment, footwear and travel goods industries was held on Friday with a better than expected result as both sides have shifted on their previous demands. ...
Sen David
https://www.khmertimeskh.com/501555369/demands-eased-in-3rd-round-of-workers-wage-negotiations/
Cambodia seeks China’s assistance in establishing first FTZ
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) urged senior officials of the government of the People’s Republic of China (PRC) to collaborate in establishing the first free trade zone (FTZ) and also constructing more special ...
Nhean Chamrong
https://www.khmertimeskh.com/501558180/cambodia-seeks-chinas-assistance-in-establishing-first-ftz/
Cambodia’s trade with RCEP countries reaches $22.92 billion in the first eight months of 2024, reflecting 17.2% growth
Cambodia’s trade volume with Regional Comprehensive Economic Partnership (RCEP) countries soared to 22.92 billion U.S. dollars in the first eight months of 2024, marking a 17.2% increase compared to 19.55 billion dollars during the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501563595/cambodias-trade-with-rcep-countries-reaches-22-92-billion-in-the-first-eight-months-of-2024-reflecting-17-2-growth/
ADB projects drop in inflation to 0.5 percent in Cambodia
Asian Development Bank (ADB), a key development partner for Cambodia, has maintained its growth forecast for Cambodia at 5.8 percent for this year and 6.0 percent for 2025 but revised its earlier inflation projection for this year from 2.0 percent to 0.5 percent. ...
Nhean Chamrong
https://www.khmertimeskh.com/501565953/adb-projects-drop-in-inflation-to-0-5-percent-in-cambodia/
Exports soar to nearly $20 billion in Q3
Cambodia exported goods worth approximately $19.8 billion during the first three quarters of 2024, up 17 percent from $16.9 billion recorded in the same period last year, a report from the General Department of Customs and Excise of Cambodia showed on Thursday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501572159/exports-soar-to-nearly-20-billion-in-q3/
MPTC gathers input for ASEAN secretariat on GenAI governance and ethics
A consultative workshop on generative artificial intelligence (GenAI) governance and ethics was held by the Ministry of Post and Telecommunications (MPTC) to gather input from relevant stakeholders and prepare a draft for the ASEAN Secretariat. “In governing GenAI, we must prioritise public interests,” said MPTC secretary ...
Kiripost staff writers
https://kiripost.com/stories/mptc-gathers-input-for-asean-secretariat-on-genai-governance-and-ethics