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Kem Sokha to meet with defence lawyer March 28

The Phnom Penh Municipal Court has granted permission for Kem Sokha, former president of the long-defunct Cambodia National Rescue Party (CNRP), to meet with his defence lawyer on March 28. The meeting is set to take place at his residence in Phnom Penh’s Tuol Kork ...

Yuth Vireak
https://www.phnompenhpost.com/national-politics/kem-sokha-meet-defence-lawyer-march-28

ADB and Cambodia Post Bank sign $10m loan for MSMEs

The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan of up to $10 million to spur post-pandemic recovery for the nation’s micro-, small- and medium-sized enterprises (MSMEs) by increasing access to finance, with at least half earmarked for women. ...

Marissa Carruthers
https://kiripost.com/stories/adb-and-cambodia-post-bank-sign-10m-loan-for-msmes

Chinese major companies to boost investment in Cambodia

Three Chinese major companies presented multiple investment projects worth millions of dollars to Prime Minister Hun Sen during a meeting in Beijing, a release said today. The companies also plan to invest on water transportation, hospital, sewage treatment, high-speed rail, etc. ...

Hong Sovannary
https://www.khmertimeskh.com/501236857/chinese-major-companies-to-boost-investment-in-cambodia/

Cambodia-China action plan expected to boost FTA benefits

The newly-signed Action Plan on Trade and Economic Cooperation 2023-2024 is expected to promote the utilisation of the preferential arrangements that are granted by free trade agreements (FTA) and similar regional treaties, to boost trade and investment between Cambodia and China. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-china-action-plan-expected-boost-fta-benefits

Now Cambodians avail loan through ‘mobile chat’ tech

Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing ...

Manoj Mathew
https://www.khmertimeskh.com/501247709/now-cambodians-avail-loan-through-mobile-chat-tech/

Int’l tourism receipts rocket nearly eightfold to over $1.4B

International tourism receipts clocked in at $1.415 billion last year, marking a 7.690-fold increase over $184 million in 2021, albeit still a 71.2 per cent decrease from 2019’s record $4.919 billion, according to the Ministry of Tourism’s Tourism Indicators 2022 report. ...

https://www.phnompenhpost.com/business/intl-tourism-receipts-rocket-nearly-eightfold-over-14b

Earth Hour to be observed this evening

Tourism and environment ministries and environment NGOs will celebrate “Earth Hour” today at 8.30pm at Factory Phnom Penh, in Chak Angre Leu commune of the capital’s Meanchey district. The ministry called for public participation by switching off their lights in businesses and households at this ...

Sok Raksa
https://www.phnompenhpost.com/national/earth-hour-be-observed-evening

PM: Future candidates must vote

Prime Minister Hun Sen on June 13 declared that some of the Constitution’s election-related clauses would be amended in response to an overseas opposition group launching a social media campaign urging eligible voters to abstain from the July 23 general election. ...

Kim Yutharo
https://www.phnompenhpost.com/national-politics/pm-future-candidates-must-vote

Capital’s river port operator logs 24% decline in revenue

Local public-listed river-port operator Phnom Penh Autonomous Port (PPAP) reported a sharp decline in business performance in the first five months of the year due to regional and global economic uncertainty brought on by the protracted Ukraine conflict and its effects on demand and inflation. ...

May Kunmakara
https://www.phnompenhpost.com/business/capitals-river-port-operator-logs-24-decline-revenue

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

Vietnam-Cambodia Friendship Association plays important role in fostering both countries’ relations

Vietnam-Cambodia Friendship Association has been playing an important role in building the closer ties between the people of the two countries through various activities, including visit and cultural exchanges, youth-women-businessperson relationship promotion, humanitarian activities, and mutual support in preventing COVID-19. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406116/vietnam-cambodia-friendship-association-plays-important-role-in-fostering-both-countries-relations/

Rare birds’ nests up at Mondulkiri sanctuary

In a promising sign for conservationists, the Bird Nest Protection Project by the Wildlife Conservation Society (WCS) Cambodia has dramatically boosted the numbers of rare bird nests at Keo Seima Wildlife Sanctuary in Mondulkiri province, hopping from 11 nests in 2018 to an impressive 41 ...

Chea Sokny
https://www.phnompenhpost.com/national/rare-birds-nests-up-at-mondulkiri-sanctuary

Kingdom, Cuba laud bilateral relations, medical cooperation

Cambodia and Cuba have reiterated the value they place on their longstanding cooperation, with Cuba reaffirming its commitment to supporting the Kingdom’s development, through the provision of scholarships and medical training. ...

Mom Kunthear
https://www.phnompenhpost.com/national/kingdom-cuba-laud-bilateral-relations-medical-cooperation

Cambodia, Singapore agree to promote stronger and more prosperous cooperation

The Prime Ministers of Cambodia and Singapore agreed to promote stronger and more prosperous cooperation. The agreement was reached during a bilateral meeting between Cambodian Prime Minister Hun Manet and Singaporean Prime Minister Lawrence Wong on June 18, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501508575/cambodia-singapore-agree-to-promote-stronger-and-more-prosperous-cooperation/

41 Sihanoukville projects get special investment incentives

In all, 41 projects have so far qualified for incentives under the ‘Special Investment Promotion Programme for Sihanoukville,’ initiated by Prime Minister Hun Manet in January this year, mainly to solve the issue of unfinished and abandoned constructions in the coastal city since 2019. ...

Manoj Mathew
https://www.khmertimeskh.com/501499477/41-sihanoukville-projects-get-special-investment-incentives/

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/

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/

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/

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