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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 ss='cambodia-color'>...

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

World Bank: Cambodia’s economy on solid recovery path

Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5% this year, according to a World Bank (WB) report. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501294062/world-bank-cambodias-economy-on-solid-recovery-path/

Kingdom’s tallest bridge to be ready by May 2025

The Royal Government of Cambodia has allocated nearly $23 million to build a bridge across the Russei Chrum River, located in Chhay Lok village, O’som commune, Veal Veng district, Pursat province, considered to become the tallest bridge in the Kingdom. ss='cambodia-color'>...

Manoj Mathew
https://www.khmertimeskh.com/501272008/kingdoms-tallest-bridge-to-be-ready-by-may-2025/

Kampot-Kep Salt’s GI listing to be marked with Apr event

The Ministry of Commerce has tentatively set April 26 for the “launch” of “Kampot-Kep salt” as a geographical indication (GI) product, in a formal recognition of its inclusion in the Cambodian registry and the accompanying protections. ss='cambodia-color'>...

Hin Pisei
https://www.phnompenhpost.com/business/kampot-kep-salts-gi-listing-be-marked-apr-event

Cambodia, S’pore roll out SME-support fintech plan

Cambodia and Singapore have launched a Financial TranSparency Corridor (FTC) initiative intended to provide the neceSSary digital infraStructure for croSS-border financial ServiceS and trade between Small- and medium-Sized enterpriSeS (SME) in either country. SS='cambodia-color'>...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-spore-roll-out-sme-support-fintech-plan

Cambodia’s poverty rate falls to 16.6 pct: UNDP

The poverty rate in Cambodia had declined to 16.6 percent in 2022 from 36.7 percent in 2014, according to a United Nations Development Program (UNDP) report on Thursday. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501324117/cambodias-poverty-rate-falls-to-16-6-pct-undp/

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. ss='cambodia-color'>...

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

The impact of digitalization on Cambodia’s energy market

Digitalization is transforming industries worldwide, and Cambodia’s energy market is no exception. The adoption of digital technologies is driving significant changes in the way energy is produced, distributed, and consumed in the country. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501318532/the-impact-of-digitalization-on-cambodias-energy-market/

Role of energy storage in Cambodia’s evolving energy market

Cambodia’s energy market is experiencing rapid growth and transformation, driven by the country’s increasing demand for electricity and its ambitious plans to diversify its energy mix. As the southeast Asian nation continues to develop its infrastructure and economy, the need for reliable and sustainable energy ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501317982/role-of-energy-storage-in-cambodias-evolving-energy-market/

Cambodia’s H1 export of Chapter 94 items down 30%

Cambodia earned $369.643 million from the export of “furniture, lighting signs, prefabricated buildings” in the first half (H1) of 2023, down 29.67 per cent from $525.591 million in 2022H1 and down nearly 12.5 per cent from $422.67 million in 2022H2, according to provisional Customs (GDCE) ss='cambodia-color'>...

Hin Pisei
https://www.phnompenhpost.com/business/cambodias-h1-export-chapter-94-items-down-30

Front leader extends congratulations to Cambodia’s newly-elected SFDCM chair

President of the Vietnam Fatherland Front (VFF) Central Committee Do Van Chien sent a message of congratulations to newly-elected President of the National Council of the solidarity Front for Development of the Cambodian Motherland (sFDCM) Men sam An. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501397393/front-leader-extends-congratulations-to-cambodias-newly-elected-sfdcm-chair/

Human rights violation, deforestation evident in Cambodia’s gold mine operations over 20 years – report

A recent report by Equitable Cambodia has exposed the commercial gold mining industry’s involvement in deforestation, violation of rights, encroachment and land grab of traditional indigenous forested areas. ss='cambodia-color'>...

Khuon Narim
https://cambojanews.com/human-rights-violation-deforestation-evident-in-cambodias-gold-mine-operations-over-20-years-report/

Korean firm plans to invest in Kingdom’s clean energy sector

A delegation from Hyuckjin Energy Plant Engineering, a company that deals with environmentally specialized businesses with high-tech and ecotechnology is keen on converting Cambodia’s waste into clean energy, using about 100 tonnes of waste to create 25 megawatts of electricity per day. ss='cambodia-color'>...

Nhean Chamrong
https://www.khmertimeskh.com/501487848/korean-firm-plans-to-invest-in-kingdoms-clean-energy-sector/

Cambodia’s homestay market projected to grow at 8.22%

The homestay market in Cambodia is projected to surpass $59.3 million in earnings this year and in the next four years, it will surge to $81.34 million. ss='cambodia-color'>...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501489136/cambodias-homestay-market-projected-to-grow-at-8-22/

Vietnam earthquake shakes Ratanakiri, raises concern for Cambodia’s disaster readiness

Minor tremors were felt in Ratanakiri province last sunday after a 5.1 magnitude earthquake struck a nearby province in Vietnam, raising concerns among locals about Cambodia’s preparedness for similar seismic events. ss='cambodia-color'>...

Ly Rosslan and Seoung Nimol
https://cambojanews.com/vietnam-earthquake-shakes-ratanakiri-raises-concern-for-cambodias-disaster-readiness/

Tackling Kingdom’s road safety challenges

Traffic accidents persist on Cambodian roads, driven by factors like non-compliance with traffic laws and driving under the influence, officials said. ss='cambodia-color'>...

Kim Sarom
https://www.phnompenhpost.com/national/tackling-kingdom-s-road-safety-challenges

Cambodia’s regional power grid bid gets ADB support

The Asian Development Bank (ADB), yesterday, supported Cambodia’s push for the establishment of the AsEAN Power Grid (APG), sharing a vision to enhance the region’s green energy security. ss='cambodia-color'>...

Manoj Mathew
https://www.khmertimeskh.com/501436267/cambodias-regional-power-grid-bid-gets-adb-support/

Cambodia’s GFT exports jump 22% amid rising hopes

The exports of garments, footwear and travel goods (GFT) rose by 21.64 percent in January this year, earning $967 million for the sector after declining for most of the time last year. The turnaround brought cheers to the vital sector of the Cambodian economy that ss='cambodia-color'>...

Manoj Mathew
https://www.khmertimeskh.com/501439379/cambodias-gft-exports-jump-22-amid-rising-hopes/

Cambodia’s exports surge 22.7% in first two months

Cambodia’s international trade recorded a growth of 19.2 percent in the first two months of this year compared to the same period last year and reached $8.12 billion. While exports surged 22.7 percent to reach $3.98 billion, imports grew by 16.1 percent to reach $4.13 ss='cambodia-color'>...

Manoj Mathew
https://www.khmertimeskh.com/501454157/cambodias-exports-surge-22-7-in-first-two-months/

Cambodia’s tourism earns $3.04 billion revenue in 2023

Cambodia’s tourism earned gross revenue of $3.04 billion in 2023, up 115 percent from $1.41 billion in a year earlier, according to a Ministry of Tourisms report released on February 12, 2024. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501439009/cambodias-tourism-earns-3-04-billion-revenue-in-2023/

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