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Farmer activist case probed

The Ratanakkiri Provincial Court is investigating the case against Theng Savoeun, director of the Coalition of Cambodian Farmer Community (CCFC), who has admitted to wrongdoing including “causing unrest” and “undermining public order”. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/farmer-activist-case-probed

South Korea investment sought as five MoUs signed

Two high-ranking Cambodian officials have issued fresh rallying calls for South Korean entities to invest in the Kingdom and take advantage of its bilateral and multilateral trade pacts, especially the Cambodia-Korea Free Trade Agreement (CKFTA) that took effect on December 1. ...

May Kunmakara and Van Socheata
https://www.phnompenhpost.com/business/south-korea-investment-sought-five-mous-signed

Nine new investments worth $77M to deliver 17K jobs

The Council for the Development of Cambodia’s (CDC) two regular notices issued month-to-date reveal that the government body has approved registration certificates for nine new private investment projects – all in manufacturing – valued at a total of $77.4 million and set to deliver an ...

Hin Pisei
https://www.phnompenhpost.com/business/nine-new-investments-worth-77m-deliver-17k-jobs

Chinese yuan not to be legalized in Cambodia, NBC confirms

The agreement between the National Bank of Cambodia (NBC) and UnionPay International is not to legalize the Chinese currency in the nation but rather to raise the prestige of the Khmer riel through cross-border QR payments, NBC’s deputy governor-general confirmed after concerns were raised over ...

Mao Sreypich
https://kiripost.com/stories/nbc-chea-serey-chinese-yuan-not-to-be-legalized-in-cambodia

Cambodia’s trade declines 1.9% to $46.82 billion in 2023

Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...

Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/

NA, AVI hold seminar on Cambodia-EU relations

The National Assembly (NA) of Cambodia, through the Committee on Foreign Affairs, Cooperation, and Information in collaboration with the Asian Vision Institute (AVI), held a seminar on “Cambodia-Europe Relations in Regional Connection and Peace” at the National Assembly on Friday. ...

Hang Punreay
https://www.khmertimeskh.com/501423137/na-avi-hold-seminar-on-cambodia-eu-relations/

SME Bank, Cambodia Cashew Federation sign MoU on affordable financial schemes

The SME Bank of Cambodia and the Cambodia Cashew Federation have signed a Memorandum of Understanding to promote the cashew processing sector and boost the export of Cambodian processed cashew nuts to international markets. ...

Khmer Times Staff
https://www.khmertimeskh.com/501403273/sme-bank-cambodia-cashew-federation-sign-mou-on-affordable-financial-schemes/

Siem Reap tourism vendor loans to be more accessible in 2024

The Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank), loan terms for tourism vendors in Siem Reap Province will be loosened from the beginning of 2024 to encourage more uptake of funds exclusively by Siem Reap-based entities to bolster the sector’s return to ...

James Whitehead
https://www.khmertimeskh.com/501418092/siem-reap-tourism-vendor-loans-to-be-more-accessible-in-2024/

CDC, KOICA hold first bilateral meeting in 2024 on development cooperation in Cambodia

The Cambodia Development Cooperation Board of the Council for the Development of Cambodia (CDCB/CDC) and the Korea International Cooperation Agency (KOICA) held here at the CDC’s headquarters on Jan. 25 their “first bilateral meeting in 2024” to boost development cooperation and partnership between the two ...

Khmer Times Staff
https://www.khmertimeskh.com/501429533/cdc-koica-hold-first-bilateral-meeting-in-2024-on-development-cooperation-in-cambodia/

Fronts of Cambodia, Laos, Vietnam reinforce cooperation

The Presidents of the Solidarity Front for the Development of Cambodian Motherland (SFDCM), the Lao Front for National Construction (LFNC), and the Vietnam Fatherland Front (VFF) gathered at their 5th conference in Vientiane on April 9. ...

Khmer Times Staff
https://www.khmertimeskh.com/501470539/fronts-of-cambodia-laos-vietnam-reinforce-cooperation/

Kingdom’s export to EU up 11.9 percent in Q1

Cambodia exported $903 million worth of goods to the European Union (EU) up 11.9 percent from the $807 million in the same period last year, a report of the General Department of Customs and Excise revealed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501474745/kingdoms-export-to-eu-up-11-9-percent-in-q1/

Cambodia’s GFT exports jump 20.69 percent

The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...

Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/

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/

Cambodia stares at EV skills shortage

Cambodia is staring at an acute skills shortage in the electric vehicle sector even as it is getting ready to release the ‘National Policy on the Development of Electric Vehicles (EVs) 2024-2030’ soon. ...

Manoj Mathew
https://www.khmertimeskh.com/501485197/cambodia-stares-at-ev-skills-shortage/

Private sector working groups beef up activity for trade

Private sector working groups (PSWGs) of the Government-Private Sector Forum have said that they have increased their activities to facilitate better trade in Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501513567/private-sector-working-groups-beef-up-activity-for-trade/

GFT exports rise 17 percent in first half of 2024

Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...

Manoj Mathew
https://www.khmertimeskh.com/501521386/gft-exports-rise-17-percent-in-first-half-of-2024/

Royal Government aims to boost EV inventory to 30k units by 2030

The Cambodian government aims to increase the number of electric vehicles (EVs) in its inventory to 30,000 by 2030 according to the National Policy on the Development of EVs 2024-2030, which was released on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501521705/royal-government-aims-to-boost-ev-inventory-to-30k-units-by-2030/

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