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SME Bank to allocate $50 million in funds for Siem Reap tourism boost

The allocation of funds through the Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) is expected to be a vital and timely force in supporting and reviving businesses in Siem Reap province. The move comes in response to the continued arrival of foreign ...

May Kunmakara
https://www.phnompenhpost.com/national/sme-bank-to-allocate-50-million-in-funds-for-siem-reap-tourism-boost

Clean energy accounts for over 62 pct of energy consumption in Cambodia: minister

Renewable or clean energy used in Cambodia has accounted for more than 62 percent of the country’s total consumption, Minister of Mines and Energy Keo Rattanak said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501396099/clean-energy-accounts-for-over-62-pct-of-energy-consumption-in-cambodia-minister/

GDT eyes over $4 billion in tax revenue next year, says Vibol

The General Department of Taxation (GDT) is targeting $4.162 billion in 2024, which is a 20 percent increase from the target set for the current year, according to Kong Vibol, Minister Attached to the Prime Minister and Delegate of the Royal Government In-Charge as Director-General ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501407307/gdt-eyes-over-4-billion-in-tax-revenue-next-year-says-vibol/

New minimum wage in effect, up $4 per month

With the arrival of a new calendar year, workers in textile, garment, footwear, and travel goods factories are set to enjoy a new minimum monthly salary of $204. The new figure is $4 higher than the 2023 wage. ...

Van Socheata
https://www.phnompenhpost.com/national/new-minimum-wage-in-effect-up-4-per-month

New monthly minimum wage for Cambodia’s garment industry in 2024 takes effect

A new monthly minimum wage for workers in Cambodia’s garment, textile, footwear, and travel products industry for 2024 has come into force, Prime Minister Hun Manet said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417170/new-monthly-minimum-wage-for-cambodias-garment-industry-in-2024-takes-effect/

US senators submit bill on funding landmine clearance in Indochina

Members of the US Senate Appropriations Committee, Senator Tammy Baldwin of the Democratic Party from Wisconsin state, and Senator Jerry Moran of the Republican Party from Kansas state, have submitted a bipartisan bill that allocates funding for clearing landmines and other unexploded ordnances left over ...

Khmer Times Staff
https://www.khmertimeskh.com/501389513/us-senators-submit-bill-on-funding-landmine-clearance-in-indochina/

MPTC asks Japanese Assoc to open digi-tech school in Cambodia

The Minister of Posts and Telecommunications Chea Vandeth requested a Japanese association to open a digital technology training school in Cambodia for highly skilled Cambodians to work in Japan and participate in national development. ...

Hang Punreay
https://www.khmertimeskh.com/501397176/mptc-asks-japanese-assoc-to-open-digi-tech-school-in-cambodia/

‘Fintech playing key role in financial inclusion efforts’

The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501399932/fintech-playing-key-role-in-financial-inclusion-efforts/

PM: No more mining licences in Prey Lang sanctuary

Prime Minister Hun Manet has designated the Prey Lang Wildlife Sanctuary as a “red zone”, meaning he will not allow new any mining licences to be issued for the area, and would not allow the expansion of existing operations. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/pm-no-more-mining-licences-in-prey-lang-sanctuary

Cambodia’s exports touch $20.5 billion in Jan-Nov

Cambodia’s exports topped $20.49 billion in the January-November period of this year, inched up by 1.2 percent compared to the same period last year, a General Department of Customs and Excise report said on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501405278/cambodias-exports-touch-20-5-billion-in-jan-nov/

Angkor 2023 ticket sales to foreign visitors rake in over $37M

Cambodia earned $37.19 million from Angkor Archaeological Park ticket sales last year, which is a 222-percent increase compared to the year before, the state-owned Angkor Enterprise report showed on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501416458/angkor-2023-ticket-sales-to-foreign-visitors-rake-in-over-37m/

Cambodia, Czech Republic agree to promote cooperation in trade and investment

The Kingdom of Cambodia and the Czech Republic have agreed to further boost their cooperation in trade and investment as well as to have more exchanges of high-level visits between the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501386509/cambodia-czech-republic-agree-to-promote-cooperation-in-trade-and-investment/

UN provides compensation for Cambodians hurt or slain in missions

The United Nations (UN), through the Ministry of Foreign Affairs and International Cooperation of Cambodia, has provided compensation for peacekeepers wounded or killed for the cause of humanity and peace around the world during missions in Lebanon and Mali. ...

Hang Punreay
https://www.khmertimeskh.com/501431049/un-provides-compensation-for-cambodians-hurt-or-slain-in-missions/

Cambodia’s economy expected to grow 6.4 pct in 2024

The Cambodian economy is projected to grow by 6.4 percent in 2024, up from 5.5 percent in 2023, mainly driven by tourism and manufacturing sector, National Bank of Cambodia (NBC)’s Governor Chea Serey said on Friday. ...

Xinhua
https://www.khmertimeskh.com/501430154/cambodias-economy-expected-to-grow-6-4-pct-in-2024/

Cambodia and Thailand are highly committed to strengthening cooperation in the tourism sector

Cambodia and Thailand are highly committed to strengthening cooperation in the tourism sector in line with the motto that everyone is gradually beginning to remember the slogan of‘Two kingdoms, the same tourism destination’. ...

Khmer Times Staff
https://www.khmertimeskh.com/501436589/cambodia-and-thailand-are-highly-committed-to-strengthening-cooperation-in-the-tourism-sector/

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