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King promulgates 2024 budget law

King Norodom Sihamoni has issued a Royal Kram promulgating the 2024 Law on Financial Management after the National Assembly (NA) approved it on November 16 and the Senate reviewed it on November 24. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/king-promulgates-2024-budget-law

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

Singaporean companies look to tap into Cambodia’s carbon market

The Cambodian Minister of Environment, Dr. Eang Sophalleth, recently held a bilateral meeting with representatives of Singaporean companies, where he presented the opening of a new chapter in carbon trade in Cambodia, specifically under Article 6 of the Paris Agreement on Climate Change. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406864/singaporean-companies-look-to-tap-into-cambodias-carbon-market/

Ministry says over 1.3 million Cambodians are working abroad

According to a spokesman for the Ministry of Labour and Vocational Training (MLVT), last year the Ministry provided employment opportunities to work abroad to 1,356,616 people, including 552,851 women. ...

Som Sotheary
https://www.khmertimeskh.com/501417625/ministry-says-over-1-3-million-cambodians-are-working-abroad/

Cambodian Transport Minister receives Chinese Vice Minister of Transport

Peng Ponea, Cambodian Minister of Public Works and Transport, received Li Yang, Vice Minister of Transport of China in Luang Prabang, Laos, on Nov. 9, on the sidelines of the 29th ASEAN Transport Ministers’ Meeting and associated meetings. ...

Khmer Times Staff
https://www.khmertimeskh.com/501390514/cambodian-transport-minister-receives-chinese-vice-minister-of-transport/

Vietnam hopes Cambodia to continue to pay attention to Vietnamese-origin people

A delegation from the Foreign Ministry led by Deputy Minister Le Thi Thu Hang paid a visit to Cambodia from November 30 to December 3 to strengthen cooperation and friendship between Vietnam and Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501401302/vietnam-hopes-cambodia-to-continue-to-pay-attention-to-vietnamese-origin-people/

Cambodia’s cost of electricity to industrial users highest in region

Cambodia’s cost of electricity to industrial users remains highest in the region, which in turn is contributing towards the increased cost of doing business, a World Bank study has pointed out.​​ ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501415854/cambodias-cost-of-electricity-to-industrial-users-highest-in-region/

Floods hit 2,075 families in Dangkor district

Water from the Prek Tnaot River has flooded more than 2,000 families from 10 communes in Phnom Penh’s Dangkor district. ...

Hang Punreay
https://www.khmertimeskh.com/501380870/floods-hit-2075-families-in-dangkor-district/

Japan-Cambodia Foreign Ministers’ talk via telephone Monday

On October 30, commencing at 5:40 p.m., Ms KAMIKAWA Yoko, Minister for Foreign Affairs of Japan, held a telephone talk with Mr. Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, for approximately 25 minutes. ...

Khmer Times Staff
https://www.khmertimeskh.com/501384270/japan-cambodia-foreign-ministers-talk-via-telephone-monday/

Press release: Cambodia, China prepare for people-to-people exchange year in 2024

On 31 October 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release: Cambodia, China prepare for people-to-people exchange year in 2024 on their official website.According to the press release, His Excellency Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign ...

Ministry of Foreign Affairs and International Cooperation

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Government green lights Circular Strategy on Environment

The government has authorised the Ministry of Environment to promulgate the Circular Strategy on Environment 2023-2050 to ensure environmental sustainability and integrity, respond to climate change and promote a green economy. ...

Torn Vibol
https://www.khmertimeskh.com/501391232/government-green-lights-circular-strategy-on-environment/

Ministry of Inspection and UNDP discuss new training courses

The Ministry of Inspection announced a meeting between the Minister of Inspection Huot Hak and Alissar Chaker, Country Representative of the United Nations Development Program in Cambodia (UNDP Cambodia) on Wednesday. ...

Hang Punreay
https://www.khmertimeskh.com/501399963/ministry-of-inspection-and-undp-discuss-new-training-courses/

Work on new hydropower plant in Cambodia goes smoothly

Construction work on a the Upper Tatay Hydropower Station, with a designed capacity of 150-megawatts (MWs) has been 31.5 percent completed so far, officials said on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501400180/work-on-new-hydropower-plant-in-cambodia-goes-smoothly/

Gov’t revenue $4.9B, spending $6.3B

The government’s national revenue collection in the first 10 months of 2023 reached nearly $4.9 billion, equating to almost 78% of the target set by the 2023 Law on Financial Management, while total expenditures stood at over $6.3 billion, as reported by the Ministry of ...

https://www.phnompenhpost.com/business/gov-t-revenue-4-9b-spending-6-3b

20,000 youth to receive training as the Kingdom raises skilled HR

The Ministry of Labour and Vocational Training announced that nearly 20,000 young people from disadvantaged households registered for and received vocational training in the 45 days between November 15 and December 30. ...

Van Socheata
https://www.phnompenhpost.com/national/20-000-youth-to-receive-training-as-the-kingdom-raises-skilled-hr

Cambodia urges ADB to expand investment to combat climate change and natural disasters

Thor Chetha, Minister of Water Resources and Meteorology, highlighted the Ministry’s priority of strengthening the forecasting system, early warning system, and early warning to vulnerable people to be vigilant as needed to reduce natural disasters and economic losses, and urged the Asian Development Bank to ...

Khmer Times Staff
https://www.khmertimeskh.com/501488991/cambodia-urges-adb-to-expand-investment-to-combat-climate-change-and-natural-disasters/

Bank lending to households posts weak growth, says NBC

With bank credit growth reaching its lowest in two decades in Cambodia, households’ mortgage loans posted weak growth in 2023, said the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...

Rachel David
https://www.khmertimeskh.com/501492423/bank-lending-to-households-posts-weak-growth-says-nbc/

Ministry of Labour spokesman outlines eight key mechanisms for protecting Cambodian migrant workers

Katta Orn, Secretary of State and Spokesperson of the Ministry of Labour and Vocational Training, posted on his official Facebook page on June 4, 2024, outlining eight mechanisms to protect Cambodian migrant workers. ...

Khmer Times Staff
https://www.khmertimeskh.com/501500036/ministry-of-labour-spokesman-outlines-eight-key-mechanisms-for-protecting-cambodian-migrant-workers/

Ministry of Agriculture bats for production of quality fertilizers

The Ministry of Agriculture, Forestry and Fisheries encouraged farmers to use fertilizers produced by the local firms as that would help growth the production of fertilizers. ...

Mom Kunthear
https://www.khmertimeskh.com/501501029/ministry-of-agriculture-bats-for-production-of-quality-fertilizers/

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