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NBC to intervene in foreign exchange market

The National Bank of Cambodia (NBC) will intervene in the currencies market in response to slower demand for riel and appreciation of the US dollar in the international foreign exchange market, an NBC release said. ...

Kang Sothear
https://www.khmertimeskh.com/501351238/nbc-to-intervene-in-foreign-exchange-market/

Demand for organic rice in Preah Vihear continues

Two companies, Amru Rice (Cambodia) and Golden Rice Cambodia, renewed their contracts on Aug. 24 to buy organic rice from the farming community in Preah Vihear province. ...

Khmer Times Staff
https://www.khmertimeskh.com/501349302/demand-for-organic-rice-in-preah-vihear-continues/

ASEAN Chair’s Special Envoy welcomes Myanmar’s Year for Peace in 2022

The Special Envoy of the ASEAN Chair on Myanmar Prak Sokhonn has announced to welcome the State Administration Council (SAC) ‘s declaration of Myanmar’s Year for Peace in 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/501108353/asean-chairs-special-envoy-welcomes-myanmars-year-for-peace-in-2022/

China company plans EV assembly in Cambodia

China Matrix Technology Group-Horche Intelligent Automobile plans to set up a unit to assemble electric vehicles in Koh Kong province, as per a virtual meeting on October 22. ...

Sok Sithika
https://www.khmertimeskh.com/501174221/china-company-plans-ev-assembly-in-cambodia/

Cambodian official says that Vietnam develops in all fields

Over the past 77 years, Vietnam, under the sound leadership of the Communist Party of Vietnam and the Government, has grown in all spheres, bring progress, prosperity, and better prestige to the nation in the region and in the world, said a Cambodian official. ...

Khmer Times Staff
https://www.khmertimeskh.com/501139977/cambodian-official-says-that-vietnam-develops-in-all-fields/

Government inks 18 projects worth $763 million in H1

The Ministry of Economy and Finance (MEF) has entered into agreements for the implementation of 18 public expenditure projects worth $763 million under grant aids and concession loans in the first half of this year, according to a report released by MEF. ...

Kang Sothear
https://www.khmertimeskh.com/501145316/government-inks-18-projects-worth-763-million-in-h1/

Nearly 100 families in Oddar Meanchey province have dispute with the sugar company

Approximately 92 evicted families as the result of land dispute with the sugar company located in Sangkat Kon Kreal, Samrong City, Oddar Meanchey province apply for a social land concession for two hectares per family as they claim that there is no land for agriculture. ...

Va Sopheanut
https://khmer.cambojanews.com/nearly-100-evicted-families-in-oddar-meanchey-province-have-disputes-with-sugar-companies-over-social-land-concessions/

Cambodia shows interest in Phnom Penh metro

A proposed elevated system has been scrapped in favour an underground metro. The government of Cambodia has indicated that it favours the construction of an underground metro in Phnom Penh to improve public transport within the capital and the surrounding Kandal province, instead of an ...

Khmer Times Staff
https://www.khmertimeskh.com/501151255/cambodia-shows-interest-in-phnom-penh-metro/

NEA slated to hold job forum in S’ville

The National Employment Agency (NEA) of the Ministry of Labour and Vocational Training is gearing up to hold a job forum in Village 5 of Sihanoukville’s Commune IV on April 26, with around 1,000 jobs at large private firms on offer. ...

Rann Reuy
https://www.phnompenhpost.com/national/nea-slated-hold-job-forum-sville

Protest erupts in troubled Preah Sihanouk commune

Some 40 villagers blocked a national road in Preah Sihanouk this week, lighting smoking fires and wielding sticks in front of authorities in a land dispute in an area that has seen prior violence and conflicting claims among military and powerful individuals. ...

Mech Dara
https://vodenglish.news/protest-erupts-in-troubled-preah-sihanouk-commune/

Vietnam steps up trade promotion in Cambodia

 The Vietnamese Embassy in Cambodia in coordination with the Ministry of Industry and Trade (MoIT)’s Asia–Africa Market Department held a trade forum in Phnom Penh on June 7, which brought together more than 100 businesses of the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501304682/vietnam-steps-up-trade-promotion-in-cambodia/

China’s BRI hailed as key role in development of Cambodia, ASEAN

Cambodian Prime Minister Hun Sen said on Wednesday that China’s Belt and Road Initiative (BRI) has played a crucial role in the development of Cambodia and other member states of the Association of Southeast Asian Nations (ASEAN) over the past decade. ...

Khmer Times Staff
https://www.khmertimeskh.com/501304642/chinas-bri-hailed-as-key-role-in-development-of-cambodia-asean/

Rice mills get in on contract farming

Representative of at least 41 rice millers have expressed willingness to enter into contract-farming arrangements with agricultural cooperatives to ensure ample supplies of responsibly-sourced grains of desired varieties, as pundits voice strong support for the practice as a catalyst to unleash the export potential of ...

Hin Pisei
https://www.phnompenhpost.com/business/rice-mills-get-contract-farming

Cambodia to set up commercial centres in China

Cambodia will set up private commercial centres in five locations in China this year, which will play an important role in promoting the country’s products and attracting China’s investment in Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501238754/cambodia-to-set-up-commercial-centres-in-china/

Gun-wielding rubber firm workers clear more Jarai farms in Ratanakiri land dispute

Gun-toting workers acting on behalf of a well-connected rubber firm have continued to clear the farmlands of a Jarai community in Ratanakiri province’s Andong Meas district, videos shared with CamboJA show. ...

Eung Sea
https://cambojanews.com/gun-wielding-rubber-firm-workers-clear-more-jarai-farms-in-ratanakiri-land-dispute/

PM Hun Manet aborts coal power plant project in Botum Sakor district

The new government has abandoned plans to build a $1.5 billion 700-megawatt (MW) coal-fired power project in Botum Sakor district, Koh Kong province, deciding instead to develop a liquefied natural gas (LNG) power plant. ...

Pok Ponlue and Hel Komsan
https://cambojanews.com/pm-hun-manet-aborts-coal-power-plant-project-in-botum-sakor-district/

Surge in industrial sector expected for ‘24

Economists and business leaders anticipate a dynamic 2024 for Cambodia’s industrial sector, with the government expecting it to outpace services and agriculture, driven by a wave of new investment projects. ...

Hin Pisei
https://www.phnompenhpost.com/business/surge-in-industrial-sector-expected-for-24

Milled rice exports increase 3% in 2023

In 2023, Cambodia exported more than 656,000 tons of milled rice worth $466 million​, marking a three percent growth in volume and 13 percent in value compared with 2022, according to Cambodia Rice Federation (CRF). ...

Yatt Malai
https://kiripost.com/stories/milled-rice-exports-increase-3-in-2023

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