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9 ministries, institutions included in National Single Window 3

The steering committee of the Cambodia National Single Window (CNSW) on Tuesday officially launched the implementation of the system for the third phase, said a press release by the CNSW. Nine ministries and several institutions of the Royal Government of Cambodia were included in the ...

Kang Sothear
https://www.khmertimeskh.com/501214072/9-ministries-institutions-included-in-national-single-window-3/

Cambodia reports $6.6M budget surplus in 11 months

The Royal Government of Cambodia has collected 22,302 billion riels or $5.44 billion as the total national revenue in the first 11 months of 2022, while the total national expenditures reached 22,275 billion riels or $5.43 billion, resulting in 27 billion riels or $6.6 million ...

Kang Sothear
https://www.khmertimeskh.com/501214805/cambodia-reports-6-6m-budget-surplus-in-11-months/

Finance ministry absorbs French budgeting lessons

Vongsey Vissoth, permanent secretary of state and Minister attached to the Prime Minister, stressed the importance of learning from French budgetary practices to bolster Cambodia’s public financial management reform. ...

Van Socheata
https://www.phnompenhpost.com/national/finance-ministry-absorbs-french-budgeting-lessons

Foreign Ministry: Incursions of drones constitute intolerable violation of Cambodia’s sovereignty

Cambodia’s Ministry of Foreign Affairs and International Cooperation this evening issued a press statement underlining, “the incursions of drones into Cambodian airspace constitute a blatant and intolerable violation of Cambodia’s sovereignty and territorial integrity. ...

Khmer Times Staff
https://www.khmertimeskh.com/501316315/foreign-ministry-incursions-of-drones-constitute-intolerable-violation-of-cambodias-sovereignty/

Nine investment projects to generate 14,000 jobs approved

The Council for the Development of Cambodia (CDC) has announced the approval of nine new investment projects creating a total of 13,849 job opportunities for the locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/501315617/nine-investment-projects-to-generate-14000-jobs-approved/

PM says huge investment potential for southwest region

Prime Minister Hun Sen said that the southwest parts of Cambodia are a hub with huge potential for investment due to their well-connected infrastructure, easy transport to deep seaports, and sufficient electricity supplies. ...

Chea Vannak and Chea Vanyuth
https://www.khmertimeskh.com/501315350/pm-says-huge-investment-potential-for-southwest-region/

Cambodia records sharp rise in digital payment in 2022: report

Cambodia has seen a significant rise in mobile payments as more people transition from cash-based to digital transaction options, according to a recent report by the National Bank of Cambodia (NBC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501297426/cambodia-records-sharp-rise-in-digital-payment-in-2022-report/

China emerges as biggest importer of Cambodia’s agri products

China has emerged as the world’s biggest importer of Cambodian milled rice, now accounting for more than half the market share – versus just 3% a decade ago – and is expected to further strengthen its dominance going forward. Insiders point out that traders who ...

Khmer Times Staff
https://www.khmertimeskh.com/501307093/china-emerges-as-biggest-importer-of-cambodias-agri-products/

Ministry sees 4.5M tourists in 2023

Cambodia received more than 2.16 million international visitors during the first five months of the year, representing 75 per cent of numbers recorded in the same period of the pre-pandemic year of 2019. Minister of Tourism Thong Khon said the ministry hopes to see the ...

Van Socheata
https://www.phnompenhpost.com/business/ministry-sees-45m-tourists-2023

Five new factories to employ over 5,000 workers in Kampong Speu

Five “major” factories and manufacturing enterprises will be opening in Kampong Speu province that will employ more than 5,000 workers starting from March 17 to meet the need of workers searching for new job opportunities, according to the Ministry of Labour and Vocational Training. ...

Chea Sokny
https://www.phnompenhpost.com/national/five-new-factories-employ-over-5000-workers-kampong-speu

Riel day reiterates significance of national currency

The National Bank of Cambodia (NBC) organized on Monday a Seminar on Riel, Financial Literacy and Bakong system, as part of the celebration of the 43rd anniversary of reintroduction of Riel, the national currency. ...

Khmer Times Staff
https://www.khmertimeskh.com/501258963/riel-day-reiterates-significance-of-national-currency/

NBC’s Chanto: Kingdom’s growth will hit 6% in 2023

The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian Development Bank (ADB), World Bank (WB) and International Monetary Fund (IMF). ...

Rann Reuy
https://www.phnompenhpost.com/national/nbcs-chanto-kingdoms-growth-will-hit-6-2023

Payment in riel grew faster than US dollar through Bakong

The amount of cash paid in riel by account holders through Bakong system has increased 4.1 times in 2022 compared to the previous year, while that paid in US dollar through the same system has risen 3.2 times, and the transactions made through this system ...

Kang Sothear
https://www.khmertimeskh.com/501276160/payment-in-riel-grew-faster-than-us-dollar-through-bakong-2/

Agriculture ministry to recruit hundreds of student volunteers to promote farming

The Ministry of Agriculture, Forestry and Fisheries has announced that it will recruit and deploy over 200 students majoring in agriculture in nine targeted provinces to help local people increase their yield in farming. ...

Hang Punreay
https://www.khmertimeskh.com/501241498/agriculture-ministry-to-recruit-hundreds-of-student-volunteers-to-promote-farming/

Cambodia suggests neighbours to jointly register martial arts on UNESCO’s intangible heritage

Hun Sen, Prime Minister of the Kingdom of Cambodia, has recommended the Ministry of Culture and Fine Arts to work with its neingbouring counterparts for a joint registration of their martial arts on the List of Intangible Cultural Heritage of UNESCO. ...

Khmer Times Staff
https://www.khmertimeskh.com/501248879/cambodia-suggests-neighbours-to-jointly-register-martial-arts-on-unescos-intangible-heritage/

Verification of documents digitally now available

Prime Minister Hun Sen has signed a sub-decree allowing the public to use the QR codes issued by Ministry of Post and Telecommunications (MoPT) to verify their official documents. ...

Chhun Sunly
https://www.khmertimeskh.com/501249702/verification-of-documents-digitally-now-available/

Economy to grow 5.5% in 2023, says NBC

Cambodia’s GDP is expected to grow by 5.5 percent with a low inflation rate of two percent in 2023, due to external factors and the re-opening of the economy. ...

Mao Sreypich
https://kiripost.com/stories/national-bank-cambodia-economy-to-grow-5-point-5-2023

Ministry urges SMEs to embrace sustainability, inclusiveness

FacebookTwitterEmailShareThe small and medium enterprises (SMEs) in Cambodia play an important role in socio-economic development and it is necessary to encourage SMEs to embrace the principles of sustainability and inclusiveness, a top official said. ...

A​d​ur ​P​rade​e​p​
https://www.khmertimeskh.com/501321304/ministry-urges-smes-to-embrace-sustainability-inclusiveness/

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