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Ministry of Education announces funding for scientific research projects for 2023

The Ministry of Education, Youth, and Sports on Aug 7, issued a notification on funding for scientific research projects for 2023 in order to contribute to the promotion of research culture, inspire innovation, and promote innovation in response to the labour market and globalisation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501338993/ministry-of-education-announces-funding-for-scientific-research-projects-for-2023/

‘White rice’ price soars amid India suspension

Rice exporters and millers in Cambodia say the price of white rice is soaring after India suspended exports of non-basmati rice in order to address internal food security issues following the falling yield of paddy rice due to climate change. ...

May Kunmakara
https://www.phnompenhpost.com/business/white-rice-price-soars-amid-india-suspension

Insurance premiums rise to $81 million Q2

Despite the impact on incomes due to global economic uncertainties, the Kingdom’s insurance industry has performed well so far this year, with insurance premiums growing 6.3 per cent to $81.2 million in the second quarter of 2023 from $76.3 million in the corresponding period last ...

May Kunmakara
https://www.phnompenhpost.com/business/insurance-premiums-rise-81-million-q2

43% of children under 14 physically disciplined at home, study says

Nearly half of Cambodian children aged 1 to 14 years old are disciplined in their homes using physical violence, a new government study says, with social norms remaining a key factor in why adults hit their kids. ...

Ngay Nai
https://cambojanews.com/43-of-children-under-14-physically-disciplined-at-home-study-says/

Stung Treng authorities defend violent arrest methods

A Stung Treng spokesperson has defended the use of violence in arrests related to “red-handed” crimes as he responded to a video of seemingly unnecessary violence while handcuffing a man in front of his young child. ...

Mech Dara
https://vodenglish.news/stung-treng-authorities-defend-violent-arrest-methods/

Finance minister asking Booyoung Group of S Korea for fintech boost

The finance minister has asked South Korea’s Booyoung Group to invest more in the Cambodian financial-technology (fintech) market, which has seen remarkable growth during Covid-19, as the company’s chairman revealed preliminary plans for a university in the Kingdom focused on fintech and taxation. ...

May Kunmakara
https://www.phnompenhpost.com/business/finance-minister-asking-booyoung-group-s-korea-fintech-boost

UNICEF Cambodia and the Ministry of Rural Development join forces to improve rural sanitation and health

In a joint effort to address critical challenges faced by rural communities in Cambodia, UNICEF Cambodia and the Ministry of Rural Development have pledged to work together to combat climate change, improve rural sanitation, and enhance health services. ...

Khmer Times Staff
https://www.khmertimeskh.com/501370339/unicef-cambodia-and-the-ministry-of-rural-development-join-forces-to-improve-rural-sanitation-and-health/

PM asks MEF to simplify biz registration procedures

Prime Minister Hun Manet asked Deputy Prime Minister and Minister of Economy and Finance (MEF) and Chairman of the Committee on Economic and Financial Policy Aun Pornmoniroth to simplify business registration and reduce tax burdens for the self-employed in the informal economy to be formalised ...

Kang Sothear
https://www.khmertimeskh.com/501353754/pm-asks-mef-to-simplify-biz-registration-procedures/

New book delves into dynamics of geo-politics, int’l trade, legal affairs

In a recent book launch at CamTech University in Phnom Penh, former commerce minister Pan Sorasak hailed the release of RCEP: Part 1: Geo-Political, Geo-Economic and Legal Analysis. ...

Van Socheata 
https://www.phnompenhpost.com/national/new-book-delves-dynamics-geo-politics-intl-trade-legal-affairs

More investment anticipated following Fujian investors’ visit

Cambodia is optimistic of an increase in direct investment or joint ventures with Chinese investors following a successful visit by a delegation of entrepreneurs from Fujian province who specialise in sectors such as mining, energy, manufacturing, tourism, accommodation, and heating and air conditioning. ...

Hin Pisei
https://www.phnompenhpost.com/business/more-investment-anticipated-following-fujian-investors-visit

Tax revenue dips 2% between Jan, July

The government collected 15.4 trillion riel or $3.7 billion in tax revenue in the first seven months of the year, which is equivalent to 58.7 per cent of the 2023 annual budget law, according to the Ministry of Economy and Finance. ...

Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-dips-2-between-jan-july

Traffic fatalities decline but remain a concern

At least 1,000 people were killed and over 2,700 injured in traffic accidents in Cambodia during the first eight months of the year, according to the Ministry of Public Works and Transport. These figures mark a 9 per cent decrease compared to the same period ...

Neang Sokunthea and Sok Raksa
https://www.phnompenhpost.com/national/traffic-fatalities-decline-remain-concern

Sluggish industry growth affects Cambodia’s economic outlook as improved tourism recovery expected to boost Cambodian exports

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

Khmer Times Staff
https://www.khmertimeskh.com/501363717/sluggish-industry-growth-affects-cambodias-economic-outlook-as-improved-tourism-recovery-expected-to-boost-cambodian-exports/

Cambodia-Canada trade falls 25% Jan-July due to global slowdown: GDCE

The effects of the ongoing global political and economic crisis has likely affected bilateral trade between Cambodia and Canada, as reflected by a 24.7 per cent year-on-year fall in trade value at $535 million in the first seven months of 2023, versus $711.1 million last ...

Hin Pisei
https://phnompenhpost.com/business/cambodia-canada-trade-falls-25-jan-july-due-global-slowdown-gdce

NEC to recruit voter registration officials on short-term contract

The National Election Committee (NEC) announced the recruitment of 3,300 election registration officials as short-contract employees to serve in communes in the capital and province. Each commune needs one voter registration clerk and one computer operator. ...

Nov Sivutha
https://www.phnompenhpost.com/national/nec-recruit-voter-registration-officials-short-term-contract

Close ties with China provide enormous benefits to Cambodia’s development, students say

For Veng Bunheang, a 31-year-old master’s student at the Royal Academy of Cambodia (RAC), Cambodia’s relations with China are at the best period in history, and that has brought substantial benefits to Cambodia’s development in various fields. ...

Khmer Times Staff
https://www.khmertimeskh.com/501159259/close-ties-with-china-provide-enormous-benefits-to-cambodias-development-students-say/

Hundreds gather for two-day Citizens’ Forum

Civil society organisations (CSOs) and hundreds of people from all walks of life met at a two-day “Cambodian citizens’ forum” in the capital to voice their concerns, hoping their issues will be addressed and included in national and regional policies. ...

Long Kimmarita and Eng Reachny
https://www.phnompenhpost.com/national/hundreds-gather-two-day-citizens-forum

NGO to count Prey Lang Sanctuary wildlife

USAID Greening Prey Lang is conducting a line transect survey in Prey Lang Wildlife Sanctuary to check wildlife species populations in the protected area.​ Line transect sampling is a distance sampling method for estimating the abundance of wild animal populations. ...

Torn Vibol
https://www.khmertimeskh.com/501179535/ngo-to-count-prey-lang-sanctuary-wildlife/

Kep plans for more artificial reefs

The Ministry of Environment with the Kep Provincial Administration are in the planning stage of developing a “seabed national park” in addition to the existing onshore national park, with the expectation that the new park will become a major tourist attraction for the province. ...

Torn Vibol
https://www.khmertimeskh.com/501125805/kep-plans-for-more-artificial-reefs/

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