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NEC confirms CPP’s 120 parliament seats as FUNCINPEC clinches 5

The National Election Committee (NEC) on August 1 released its official preliminary results of the July 23 general election, confirming that the ruling Cambodian People’s Party (CPP) garnered 6,398,311 of the total 8,214,430 votes cast and secured 120 out of the National Assembly’s 125 seats. ...

Post Staff
https://www.phnompenhpost.com/national-politics/nec-confirms-cpps-120-parliament-seats-funcinpec-clinches-5

CCF on mission to tackle counterfeits

Each year, more than 1,000 tonnes of counterfeit products are discovered and seized by officials of the General Department of Consumer Protection, Competition and Fraud Repression (CCF). The counterfeit products are usually consumer goods, including food and beverage products that can affect the health of ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national-post-depth/ccf-mission-tackle-counterfeits

$300M maiden sovereign-bond issue set to begin on Sept 7: NBC

The National Bank of Cambodia (NBC) announced that it will float the 100 billion riel ($25 million) first tranche of its 1.2195 trillion riel maiden sovereign-bond issue on September 7, which financial experts point out will allow the government to diversify funding sources for national ...

May Kunmakara
https://www.phnompenhpost.com/business/300m-maiden-sover-eign-bond-issue-set-begin-sept-7-nbc

Interior ministry issues reminder to renew expired ID cards

Around 1.7 million national identification cards had expired by July this year, prompting the Ministry of Interior to call for those holding expired ID cards to renew them within the next 90 days to ensure their validity, especially for use in the next year’s general ...

Post Staff
https://www.phnompenhpost.com/national/interior-ministry-issues-reminder-renew-expired-id-cards

Increasing domestic agriculture key to preventing food inflation

Despite food prices in Cambodia slightly decreasing in September compared to the previous month, some food products will remain expensive in the long-run, which impacts Cambodian food supplies and livelihoods. To save Cambodia from food inflation, the Kingdom needs to boost more local agricultural productions, ...

Meas Molika
https://kiripost.com/stories/cambodia-food-inflation

Ministry of Education: Cambodia to assess student learning to strengthen post-COVID recovery efforts

On 1 September 2022, the Ministry of Education, Youth and Sport issued a joint press release on participation in the Programme for International Student Assessment (PISA), a significant step toward understanding student learning outcomes and strengthening post-COVID recovery efforts. This is the first time Cambodia ...

Ministry of Education, Youth and Sport

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Yellow-cheeked crested gibbons see tourist upswing

Endangered species conservation scientists from the NGO Conservation International (CI) have announced the resumption of their mission in the Veun Sai-Siem Pang National Park in Ratanakkiri and Stung Treng provinces after having made a series of discoveries since 2007 of nearly 400 groups of yellow-cheeked ...

Long Kimmarita
https://www.phnompenhpost.com/national/yellow-cheeked-crested-gibbons-see-tourist-upswing

​Nearly 2 million vehicles travel on Chinese-invested expressway in Cambodia in 5 months

Almost​ 1.9 ​million​ ​vehicle​s ​h​a​d​ ​travel​l​e​d​ on ​t​h​e​ ​P​h​no​m​ ​P​e​n​h​-S​i​h​an​ouk​v​ill​e​ ​Expressway​ ​in​ ​t​h​e​ ​first​ ​f​i​v​e​ ​month​s ​since​ ​its​ ​opening​ ​to​ ​t​h​e​ ​public​ ​last​ ​October​, ​t​h​e​ ​Ministry​ o​f​ ​Public Works​ ​and​ ​Transport​ said​ ​in​ ​a​ ​news release​ on ​Tuesday​. ...

Khmer Times Staff
https://www.khmertimeskh.com/501247347/nearly-2-million-vehicles-travel-on-chinese-invested-expressway-in-cambodia-in-5-months/

Spending on capital’s new airport nears $700M: SSCA

Nearly $700 million has been spent on the new $1.5 billion Techo International Airport (TIA), the main construction work on which has reached 46 per cent as of March 31, motivated by positive tourism growth, according to a senior civil aviation official. ...

Rann Reuy
https://www.phnompenhpost.com/business/spending-capitals-new-airport-nears-700m-ssca

NBC: Int’l reserves $17.8B at end-2022

The Kingdom’s international reserves ended 2022 at $17.8 billion, equivalent to seven months of import cover, compared to $20.3 billion and 8.1 months at end-2021, which pundits affirm is still high for a developing country given the recent global financial crisis, signalling positive levels of ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-intl-reserves-178b-end-2022

Cambodia’s garments and agricultural products continue to drive export growth

Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...

Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/

Sophalleth unveils bold steps to improve air and water quality

In a bid to mitigate the adverse effects of air and water pollution across the Kingdom, Minister of Environment Eang Sophalleth has laid out an ambitious five-year strategy. This comprehensive plan aims to significantly improve air and water quality through a diverse and multifaceted approach. ...

Ben Sokhean
https://www.khmertimeskh.com/501534045/sophalleth-unveils-bold-steps-to-improve-air-and-water-quality/

Cambodia, Hong Kong agree to foster mutual economic growth

The Council for the Development of Cambodia (CDC), the Hong Kong Special Administrative Region (HKSAR) of the People’s Republic of China and the Hong Kong Trade Development Council (HKTDC) Wednesday signed two memoranda of understanding (MoUs) to diversify the economy, develop private sector and foster ...

Nhean Chamrong
https://www.khmertimeskh.com/501533198/cambodia-hong-kong-agree-to-foster-mutual-economic-growth/

CDC reports 161 percent investment surge

The Council for the Development of Cambodia (CDC) Saturday announced that under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia (RGC) of the Seventh Legislature has attracted $7.5 billion of investment capital over one year period, marking a 161 percent rise ...

Nhean Chamrong
https://www.khmertimeskh.com/501560387/cdc-reports-161-percent-investment-surge/

Sun Chanthol boasts Funan Techo Canal benefits to US investors, stresses that ‘freedom of expression has improved’

Senior government official Sun Chanthol highlighted the potential of the recent groundbreaking of the $1.7 billion Funan Techo Canal project to U.S investors that can benefit Cambodia’s economy. He also said freedom of expression in the country has improved, contrary to the views of civil society ...

Khuon Narim and Tang Porgech
https://cambojanews.com/sun-chanthol-boasts-funan-techo-canal-benefits-to-us-investors-stresses-that-freedom-of-expression-has-improved/

Minimum wage increase, a strategic response to economic climate in Kingdom

The recent announcement by Prime Minister Hun Manet regarding the minimum wage increase to $208 per month for 2025 reflects a strategic response to the economic climate in Cambodia and globally, said a release by the Ministry of Labour and Vocational Training (MLVT) on Wednesday. ...

Mom Kunthear
https://www.khmertimeskh.com/501572155/minimum-wage-increase-a-strategic-response-to-economic-climate-in-kingdom/

Working capital loans form 54% of small business needs

Cambodians running small businesses are continuing to find the need for working capital as their most pressing need, as per data. As high as 54 percent of 1.89 million loans issued were for working capital, as per the first quarter report of the Small Business ...

Rachel David
https://www.khmertimeskh.com/501482273/working-capital-loans-form-54-of-small-business-needs/

Cambodia to hold annual meeting on climate change in Sihanoukville from October 24-25

The Ministry of Environment, in collaboration with the Mekong Future Initiative, will hold the Annual Meeting on Cambodia Climate Change 2024 (CCCS24) at the Independent Hotel, Sihanoukville Province, from October 24 to 25, 2024, which will be chaired by Eang Sophalleth, Minister of Environment and ...

Khmer Times Staff
https://www.khmertimeskh.com/501578091/cambodia-to-hold-annual-meeting-on-climate-change-in-sihanoukville-from-october-24-25/

BarCamp Battambang empowers youth and entrepreneurs through digital innovation

BarCamp Battambang 2024’s ‘Digital Technology and New Business Conference’ will be held on October 25 to 26, 2024, aiming to understand the digital technology and content strategies that benefit young people and new business owners to study and implement digital technology. ...

Kuch Sikol
https://kiripost.com/stories/barcamp-battambang-empowers-youth-and-entrepreneurs-through-digital-innovation

Budget and public procurement
https://www.flickr.com/photos/dfataustralianaid/12112020045/

National budget on uptrendIn the last three years, Cambodia’s national budget has seen significant growth of around US$ 1.6 billion, from US$ 3.4 billion in 20141 to US$ 5 billion in 2017.2 This is an average annual increase of almost 14%. The increase can be ...

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