Trademark registrations up 3.87 percent in 2023
Local and global firms made 8,513 trademark registrations with the Ministry of Commerce in 2023, an increase of 3.87 percent when compared to the previous year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501417559/trademark-registrations-up-3-87-percent-in-2023/
Electrical exports bolster economy in 2023, up 50%
Cambodia exported over $3.1 billion in electrical machinery, equipment and related products to the international market in 2023, an increase of more than 50% compared to 2022. The export value of these products constituted nearly 14% of the country’s total exports, as per data from ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-exports-bolster-economy-in-2023-up-50-
Cambodia, Australia to reinforce cooperation in Banking and Financial sector
Cambodia and Australia are willing to further strengthen their banking and financial cooperation, especially in the field of green finance and financial knowledge. ...
Khmer Times Staff
https://www.khmertimeskh.com/501429861/cambodia-australia-to-reinforce-cooperation-in-banking-and-financial-sector/
New ruling in place for exports of all minerals
Starting in April, exporters of mineral products will be required to deposit a portion of export royalties, with withdrawal permitted upon fulfilment of all contractual obligations. The Ministry of Economy and Finance, in conjunction with the Ministry of Mines and Energy, issued an inter-ministerial prakas on ...
Hin Pisei
https://www.phnompenhpost.com/business/new-ruling-in-place-for-exports-of-all-minerals
Jewellery exports hit $851M in ‘23; exhibition upcoming
Cambodia garnered over $851 million from the export of jewellery and precious stones to the international market in 2023, represents a surge of 261% increase compared to 2022, as per the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/jewellery-exports-hit-851m-in-23-exhibition-upcoming
Tremendous growth in education sector over decade
Over a decade, the number of higher education institutions in Cambodia has grown from 110 to 132, according to the 10-year Achievement Report released by the Ministry of Education, Youth and Sport. ...
Hang Punreay
https://www.khmertimeskh.com/501442524/tremendous-growth-in-education-sector-over-decade/
PM praises improved labour dispute resolution in Cambodia
Prime Minister Hun Manet is praising the increasingly successful resolution of labour disputes. ...
Torn Vibol
https://www.khmertimeskh.com/501479454/pm-praises-improved-labour-dispute-resolution-in-cambodia/
Chinese firms plan to invest in Cambodia’s silk industry
A delegation from the International Silk Union (ISU) and the Cathaya Group, a Chinese company specialised in silk textiles and biotechnology, met with the Council for the Development of Cambodia (CDC) on Monday to discuss the possibility of expanding investment projects in the silk and ...
Nhean Chamrong
https://www.khmertimeskh.com/501488410/chinese-firms-plan-to-invest-in-cambodias-silk-industry/
Bicycle exports down 37 percent in Jan-May
Cambodia’s bicycle exports fell 37 percent year-on-year in the first five months this year, said a report of the General Department of Customs and Excise (GDCE). ...
Chea Vanyuth
https://www.khmertimeskh.com/501505084/bicycle-exports-down-37-percent-in-jan-may/
World Bank approves major investment in water security for Cambodia
The bank said in a news release that over 113,000 people in Cambodia are expected to benefit from better water supply infrastructure following the approval on June 21 of a new World Bank-supported project. ...
Meet focuses on technology’s role in sustainable agriculture
The state-run Agriculture and Rural Development Bank (ARDB) is hosting the three-day 47th Association of Development Financing Institutions (DFIs) in Asia and the Pacific’s (ADFIAP) annual meetings that kicked off in Phnom Penh, yesterday, outlining the role of technology and innovation in enhancing agricultural productivity, ...
Chea Vanyuth
https://www.khmertimeskh.com/501489148/meet-focuses-on-technologys-role-in-sustainable-agriculture/
GDT tax collection falls in Q1
The General Department of Taxation (GDT) collected taxes totalling $1.18 billion during the January-March period this year, down 11.9 percent from $1.34 billion collected in the first quarter of 2023. ...
Chea Vanyuth
https://www.khmertimeskh.com/501493907/gdt-tax-collection-falls-in-q1/
CDC approves 190 new projects worth $3.2 billion investment in H1
From January to June 2024, the Council for the Development of Cambodia (CDC) approved 190 new projects, production expansion projects, and special economic zone investment projects with a total investment of $3.2 billion and can create 168,572 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501518342/cdc-approves-190-new-projects-worth-3-2-billion-investment-in-h1/
Funan Techo Canal to boost trade, bring in investments
Cambodia Monday celebrated the commencement of the highly anticipated Funan Techo Canal project, a massive infrastructure initiative that will play an important role in transforming the country’s economic landscape. ...
Chea Vanyuth
https://www.khmertimeskh.com/501535770/funan-techo-canal-to-boost-trade-bring-in-investments/
Jiangsu, Shantou seek more investment in Cambodia
China’s Jiangsu province and Shantou city in Guangdong are seeking to enhance cooperation with Cambodia to boost investment and trade between the two nations. ...
Ry Sochan
https://www.phnompenhpost.com/business/jiangsu-shantou-seek-more-investment-in-cambodia
Japan to provide $106 million in aid to Mekong countries to boost co-operation in COVID-19 fight
Foreign ministers of Mekong countries and Japan discussed measures to boost co-operation in fighting the COVID-19 pandemic and post-pandemic economic recovery. ...
Khmer Times Staff
https://www.khmertimeskh.com/50743556/japan-to-provide-106-million-in-aid-to-mekong-countries-to-boost-co-operation-in-covid-19-fight/
Government warns of storm-related flooding in coastal provinces
The government has warned those living in coastal provinces and areas along the Vietnamese border to be cautious as Cambodia braces for a spate of storms this week. ...
Voun Dara
https://www.phnompenhpost.com/national/government-warns-storm-related-flooding-coastal-provinces
NGO reports massive forest clearing in Prey Lang area
The Cambodian Youth Network yesterday said hundreds of hectares of forest land in the Prey Lang Wildlife Sanctuary have been illegally cleared in Stung Treng and Preah Vihear provinces. ...
Sen David
https://www.khmertimeskh.com/50657343/ngo-reports-massive-forest-clearing-in-prey-lang-area/
Officials demolish 49 illegal huts in Siem Reap
After the authorities on Friday and Saturday dismantled 49 of some 1,000 huts which had been built illegally on forest land in Siem Reap’s Phnom Kulen National Park, Banteay Srei district governor Khim Finan said on Sunday that a hunt was on for a group ...
Voun Dara
https://www.phnompenhpost.com/national/officials-demolish-49-illegal-huts-siem-reap
World Innovations Forum holds first meet-up in the Kingdom
Monday night saw the first foray of World Innovations Forum Foundation in Phnom Penh, gathering an eclectic group of local and international entrepreneurs as part of their Seeding Innovation 2020 programme – a bid to change the way international development is done. ...
Gerald Flynn
https://www.khmertimeskh.com/50661465/world-innovations-forum-holds-first-meet-up-in-the-kingdom/