COVID-19 crisis pushes Cambodia’s economy to negative growth for the first time, says Ministry
As the global economy continues to reel from the compounded crises of Covid-19 and Ukraine-Russia, Cambodia has not been able to go through them unaffected. The Covid-19 crisis has pushed Cambodia’s economy to negative growth for the first time in 2020 due to a sharp ...
Khmer Times Staff
https://www.khmertimeskh.com/501097431/covid-19-crisis-pushes-cambodias-economy-to-negative-growth-for-the-first-time-says-ministry/
Gov’t urged to step up investments in tech parks
The seventh edition of the ‘Give A Day’ meet, held in Phnom Penh recently, urged the Cambodian government to step up investments in tech parks for promoting the ecosystem for digital start-ups and also to speed up the country’s march to become a digital economy. ...
Manoj Mathew
https://www.khmertimeskh.com/501138218/govt-urged-to-step-up-investments-in-tech-parks/
Top legislator to attend AIPA-43, pay official visits to Cambodia, Philippines
Chairman of the National Assembly Vương Đình Huệ will attend the 43rd ASEAN Inter-Parliamentary Assembly (AIPA-43) and pay an official visit to Cambodia on November 19-22. ...
Khmer Times Staff
https://www.khmertimeskh.com/501187265/top-legislator-to-attend-aipa-43-pay-official-visits-to-cambodia-philippines/
ASEAN working on future direction post-2025, says Sec-Gen, adds Timor Leste’s membership on the cards
ASEAN secretary-general Datuk Lim Jock Hoi said that its high-level task force is now in the process of charting the future direction beyond 2025 for the 10-member grouping. ...
Khmer Times Staff
https://www.khmertimeskh.com/501160058/asean-working-on-future-direction-post-2025-says-sec-gen-adds-timor-lestes-membership-on-the-cards/
Hun Sen announces accelerated Phnom Penh-Svay Rieng expressway
Prime Minister Hun Sen said the government will cooperate with development partners to accelerate the construction of an expressway from Phnom Penh to Bavet town in Svay Rieng province. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/hun-sen-announces-accelerated-phnom-penh-svay-rieng-expressway
COVID-19 pandemic pushes 460,000 people in Cambodia to fall below poverty line
The World Bank in a report has estimated that some 460,000 people in Cambodia have fallen below poverty income thresholds since the onset of COVID-19 in 2020. ...
Khmer Times Staff
https://www.khmertimeskh.com/501193081/covid-19-pandemic-pushes-460000-people-in-cambodia-to-fall-below-poverty-line/
Waterway transportation agreement benefits Vietnam, Cambodia
A waterway transportation agreement between Vietnam and Cambodia that came into effect in 2011 has facilitated the passage of nearly 78,000 vessels and more than 406,000 sailors. ...
Khmer Times Staff
https://www.khmertimeskh.com/501175127/waterway-transportation-agreement-benefits-vietnam-cambodia/
Almost $6 billion Cambodia-US trade registered in first seven months
Bilateral trade between Cambodia and the US was amounted to $5.892 billion in the first seven months of 2022, up 45 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501134336/almost-6-billion-cambodia-us-trade-registered-in-first-seven-months/
Cambodia set for more bilateral FTAs
The Cambodian government is pushing for the establishment of more bilateral free trade agreements with main trade partners in a bid to access wider markets for the country’s products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501178750/cambodia-set-for-more-bilateral-ftas/
Social protection scheme bolsters nation’s healthcare
The social protection program plays a significant role in promoting the healthcare service sector and reducing the cost of living, which leads to improved socio-economic status. ...
Meas Molika
https://kiripost.com/stories/cambodia-social-protection-scheme-bolsters-nations-healthcare
Cambodia is regional exception to falling trend in manufacturing
Manufacturing as a share of output has peaked in most developing East Asia and Pacific economies except for Cambodia and Vietnam, the World Bank says. ...
Khmer Times Staff
https://www.khmertimeskh.com/501265854/cambodia-is-regional-exception-to-falling-trend-in-manufacturing/
Cambodia, Malaysia talk tax-agency management
Cambodia and Malaysia this week discussed and exchanged ideas and viewpoints on the management practices and strategies adopted by tax agencies as well as the development of supporting systems and tools. ...
Van Socheata
https://www.phnompenhpost.com/business/cambodia-malaysia-talk-tax-agency-management
Government declares Kampong Chhnang mine-free
Another province has been declared mine-free, which is another achievement for the Royal Government and the country as it moves towards the goal of being mine-free by 2025. ...
Khmer Times Staff
https://www.khmertimeskh.com/501248362/government-declares-kampong-chhnang-mine-free/
Education ministry set to reform budgeting practices
Minister of Education, Youth and Sport Hang Chuon Naron outlined plans for reforms at his ministry, with a focus on institutional capacity building and performance-based budgeting. ...
Van Socheata
https://www.phnompenhpost.com/national/education-ministry-set-reform-budgeting-practices
Cambodia’s economy and tourism stands to reap benefits from China reopening
Cambodian Prime Minister Hun Sen said on Monday that China’s upcoming reopening of its borders will revitalize the kingdom’s economy and tourism. ...
Khmer Times Staff
https://www.khmertimeskh.com/501212934/cambodias-economy-and-tourism-stands-to-reap-benefits-from-china-reopening/
Cambodia-China bilateral trade volume surged 19%, says PM
Trade volume between Cambodia and China reached $14.5 billion this year, an increase of 19 percent compared to last year, said Prime Minister Hun Sen today. ...
Sok Sithika
https://www.khmertimeskh.com/501211511/cambodia-china-bilateral-trade-volume-surged-19-says-pm/
Ministry moots concept to promote agricultural production
The Ministry of Agriculture, Forestry, and Forestry has set a new concept aiming to promote agricultural production, keep prices stable and increase value-added potential products for exports. ...
Chea Vanyuth
https://www.khmertimeskh.com/501214799/ministry-moots-concept-to-promote-agricultural-production/
Laos launches 500-kilovolt power transmission line reaching Cambodia
Laos has launched a 500-kilovolt power transmission line linking a power substation at a village in its southern Champasak province to the border area of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501215174/laos-launches-500-kilovolt-power-transmission-line-reaching-cambodia/
New policy sets energy efficiency in motion
With the launching of the ‘National Energy Efficiency Policy 2022-2030’ by Prime Minister Hun Sen, the government has kicked off measures to reduce energy consumption by boosting energy efficiency. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501280696/new-policy-sets-energy-efficiency-in-motion/
Cambodia imports from Malaysia increases by 101 percent to $65 million in May
The merchandise trade volume between Cambodia and Malaysia was worth $620.373 million last year—a rise of 23.33 per cent year on year (YoY). ...
Khmer Times Staff
https://www.khmertimeskh.com/501312588/cambodia-imports-from-malaysia-increases-by-101-percent-to-65-million-in-may/