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Cambodia, US biz leaders set to meet at US-Asean summit

A business delegation, who are members of the Cambodia Chamber of Commerce (CCC), will fly to two cities in the US from May 8 to 15 along with Prime Minister Hun Sen to meet the American businesspeople during the US-Asean Summit in Washington. ...

Kang Sothear
https://www.khmertimeskh.com/501072222/cambodia-us-biz-leaders-set-to-meet-at-us-asean-summit/

Construction begins ‘soon’ on 1M sqm Kampong Cham SEZ

An unnamed special economic zone (SEZ) is set to break ground on a one-million square metre plot in Kampong Cham province’s Cheung Prey district “soon”, according to provincial governor Un Chanda. The governor revealed this to the media on January 9 on the sidelines of a ...

May Kunmakara
https://www.phnompenhpost.com/business/construction-begins-soon-1m-sqm-kampong-cham-sez

Single Portal entries pass 21K after 222 firms added in a week

A total of 222 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – in the week from 2pm January 16 to 2pm on the 23rd, bringing the cumulative figure to 21,137, according to the Online Business ...

Hin Pisei
https://www.phnompenhpost.com/business/single-portal-entries-pass-21k-after-222-firms-added-week

Ten new factory approvals means ‘over 20K’ more jobs

The Council for the Development of Cambodia (CDC) notices issued in January reveal that it has greenlit 10 new projects worth nearly $100 million, all in the manufacturing industry: eight involved in textiles and two in light bulbs. ...

Hin Pisei
https://www.phnompenhpost.com/business/ten-new-factory-approvals-means-over-20k-more-jobs

ASEAN can rise to be an influential global convening power

ASEAN can be the convening power to assist in managing the growing challenges in the evolving dynamics of the Indo-Pacific, geopolitical scientist Dr Johan Saravanamuttu said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501340275/asean-can-rise-to-be-an-influential-global-convening-power/

New National Assembly Leadership Revealed

Outgoing Prime Minister Hun Sen and President of the ruling Cambodian People’s Party (CPP) has revealed the leadership of the 7th Legislature of National Assembly (NA). ...

Khmer Times Staff
https://www.khmertimeskh.com/501340191/new-national-assembly-leadership-revealed/

Up and running: New PM Hun Manet sets out his five priorities

New Prime Minister Hun Manet set out five priority tasks of his government moments after being endorsed as the Kingdom’s 34th premier at the first plenary session of the Seventh Legislature of the National Assembly yesterday. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501347401/up-and-running-new-pm-hun-manet-sets-out-his-five-priorities/

S’pore exports up 500% in H1

Exports to Singapore rose more than five times to $415 million in the first half of 2023 from $62.4 million in the same period last year, as imports from Singapore fell 82 per cent to $371.8 million from $2.02 billion. ...

Hin Pisei
https://www.phnompenhpost.com/business/spore-exports-500-h1

Chea Serey promoted to central bank governor

Chea Serey has been formally appointed as governor of the National Bank of Cambodia (NBC) on the heels of her promotion from central banking director-general to deputy governor in March. ...

May Kunmakara
https://www.phnompenhpost.com/business/chea-serey-promoted-central-bank-governor

Cambodia’s banking, financial industry stays healthy in H1, with outstanding loans rising to $58.6 billion

FacebookTwitterEmailShareCambodia’s banking and financial industry continued to enjoy healthy growth in both loans and deposits in the first half of 2023, said the biannual report of the National Bank of Cambodia (NBC) released on Monday.​​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501334791/cambodias-banking-financial-industry-stays-healthy-in-h1-with-outstanding-loans-rising-to-58-6-billion/

Press release on the joint humanitarian exercise of the Royal Cambodian Armed Forces (RCAF) and China's People's Liberation Army (PLA)

On 11 September 2023, the spokesman for the Royal Cambodian Armed Forces (RCAF) issued a press release on organizing the “Angel of Peace” joint humanitarian exercise of the Royal Cambodian Armed Forces (RCAF) and China’s People’s Liberation Army (PLA) for 13 days, which will be ...

Royal Cambodian Armed Forces (RCAF)

Download: pdf

GDCE sets guidelines for early completion of CNSW Project

The General Department of Customs and Excise (GDCE) on Monday set three additional necessary measures for further implementation of the Cambodia National Single Window (CNSW) project phase III team that needs to be completed by January 2024 after it was launched in January this year, ...

Kang Sothear
https://www.khmertimeskh.com/501359585/gdce-sets-guidelines-for-early-completion-of-cnsw-project/

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). Concurrently, imports from Australia ...

Hin Pisei
https://phnompenhpost.com/business/cambodia-oz-trade-dips-85

Supreme Consultation and Recommendation Council re-established

The Supreme Consultation and Recommendation Council (SCRC) for the 7th Legislature of the National Assembly was re-established by a royal decree signed by His Majesty King Norodom Sihamoni on Aug. 26, but released to the public yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501352262/supreme-consultation-and-recommendation-council-re-established/

One month for members of new govt to declare their assets

The Anti-Corruption Unit (ACU) has stipulated that all new lawmakers and other members of the government, including, secretaries of the state, advisors and assistants, who had never held public positions previously must declare their assets and liabilities within 30 days of taking office as of ...

Torn Vibol
https://www.khmertimeskh.com/501352552/one-month-for-members-of-new-govt-to-declare-their-assets/

Indonesian Embassy in Phnom Penh explores agricultural cooperation with Battambang province

The Indonesian Chargé d’affaires in Phnom Penh Lauti Nia Astri and the Economic Section have visited Battambang Province to collect economic intelligence data and explore opportunities and economic cooperation, especially in food security. ...

Khmer Times Staff
https://www.khmertimeskh.com/501353280/indonesian-embassy-in-phnom-penh-explores-agricultural-cooperation-with-battambang-province/

New gov’t embarks on Pentagonal Strategy-I

Prime Minister Hun Manet yesterday announced the official launch of the Pentagonal Strategy–Phase I and the key measures for the Royal Government of Cambodia (RGC) to be implemented in the next five years to transform Cambodia into a high-income economy by 2050. ...

Kang Sothear
https://www.khmertimeskh.com/501348839/new-govt-embarks-on-pentagonal-strategy-i/

CDC: Raise timber to supply local furniture sector

A senior official at the Council for the Development of Cambodia (CDC) urged local investors to consider investing in sustainable timber wood to supply wood for the furniture-making sector which has a “huge growth potential”. ...

May Kunmakara
https://www.phnompenhpost.com/business/cdc-raise-timber-supply-local-furniture-sector

IMF, ECB, global banks laud Chea Serey as NBC chief

A multitude of international financial institutions and central banks have congratulated and expressed confidence over Chea Serey’s appointment as governor of the National Bank of Cambodia (NBC), acknowledging her expertise and qualification to develop the Kingdom’s banking sector. ...

May Kunmakara
https://www.phnompenhpost.com/business/imf-ecb-global-banks-laud-chea-serey-nbc-chief

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