Government

International relations

Cambodia, Timor-Leste sign MoU on higher education

The education ministries of Cambodia and Timor-Leste have signed a memorandum of understanding (MoU) on higher education to further promote science and culture education between the two countries. ...

Torn Vibol
https://www.khmertimeskh.com/501470964/cambodia-timor-leste-sign-mou-on-higher-education/

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/

Migrant workers in Thailand face obstacles returning home for Khmer New Year

Cambodians working in Thailand said they face challenges returning home for Khmer New Year, despite the Thai government waiving re-entry fees from April 1 to May 15. ...

Kuch Sikol
https://kiripost.com/stories/migrant-workers-in-thailand-face-obstacles-returning-home-for-khmer-new-year

CDC endorses 173 investment projects worth approximately $4 billion in six months

The Council for the Development of Cambodia (CDC) has approved 173 investment projects worth some $4 billion during the last six months, from September 2023 to February 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501470535/cdc-endorses-173-investment-projects-worth-approximately-4-billion-in-six-months/

Construction investments rise to $5.4 billion

The construction sector achieved remarkable growth last year with constructed area and investment showing a positive growth. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469670/construction-investments-rise-to-5-4-billion/

US offers 12 million more in aid for demining mission

The United States, as part of its ongoing commitment to help Cambodia achieve its objective of becoming a country free of landmines by 2025, has increased its financial assistance for the Kingdom’s mine clearance activities. ...

Som Sotheary
https://www.khmertimeskh.com/501469690/us-offers-12-million-more-in-aid-for-demining-mission/

QIPs, SEZs get lion’s share of tax relief in Cambodia

When it came to relief for special taxes (excise), value-added taxes and customs duties on imports – QIPs and SEZs received a disproportionate amount of customs tax relief, said a recent World Bank report. In 2020, QIPs took around 51 percent of total tax exemption, ...

Rachel David
https://www.khmertimeskh.com/501469664/qips-sezs-get-lions-share-of-tax-relief-in-cambodia/

CDC approves projects worth $2.2 billion in first quarter

The Council for the Development of Cambodia (CDC) approved 106 fixed assets investment and expansion projects worth $2.2 billion in the first three months of this year, a jump of 649 percent over the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469196/cdc-approves-projects-worth-2-2-billion-in-first-quarter/

Japan-Cambodia Association to help attract investors, Sour says

The Japan-Cambodia Association office, officially inaugurated on Monday in Phnom Penh, will play an important role in attracting more Japanese businessmen and investors to Cambodia, said Heng Sour, Minister of Labor, Vocational Training (MLVT). ...

Chea Vanyuth
https://www.khmertimeskh.com/501467404/japan-cambodia-association-to-help-attract-investors-sour-says/

Cambodia ready to be a strategic partner of businessmen and investors

Cambodia is ready to be a strategic partner of businessmen and investors to seize ASEAN’s viable economic opportunities and is committed to working closely with ASEAN member states and dialogue partners to build a resilient, sustainable and competitive ASEAN Economic Community (AEC) for the common ...

Khmer Times Staff
https://www.khmertimeskh.com/501466969/cambodia-ready-to-be-a-strategic-partner-of-businessmen-and-investors/

Cambodia ready to be a strategic partner of businessmen and investors

Cambodia is ready to be a strategic partner of businessmen and investors to seize ASEAN’s viable economic opportunities and is committed to working closely with ASEAN member states and dialogue partners to build a resilient, sustainable and competitive ASEAN Economic Community (AEC) for the common ...

Khmer Times Staff
https://www.khmertimeskh.com/501466077/83-percent-of-cambodians-go-for-private-healthcare/

PM reaffirms Cambodia’s ambitious reforms to boost investment attractiveness

Prime Minister Hun Manet underlined the Royal Government’s ambition and comprehensive reforms to streamline processes and increase overall investor attractiveness. ...

Khmer Times Staff
https://www.khmertimeskh.com/501466559/pm-reaffirms-cambodias-ambitious-reforms-to-boost-investment-attractiveness/

Cambodia to organise investment roadshow in France

Cambodia and France will join hands to organise a roadshow in the European country to attract more investors to the Kingdom. ...

Manoj Mathew
https://www.khmertimeskh.com/501460302/cambodia-to-organise-investment-roadshow-in-france/

UK, private firms foster Koh Kong green SEZ project

The private sector has expressed support for the plan to establish a green special economic zone (SEZ) in Koh Kong province, viewing it as a role model for others to emulate. Cambodia currently utilises “almost 70%” clean energy nationwide. ​ ...

May Kunmakara
https://www.phnompenhpost.com/business/uk-private-firms-foster-koh-kong-green-sez-project

Ministry lauds 8 years of MLC cooperation as ‘win-win’

Over the past eight years, the Mekong-Lancang Cooperation (MLC) mechanism has not only established itself as an effective model for win-win cooperation but has also made consistent progress, enhancing collaboration among Mekong countries in various fields, according to Cambodia’s foreign ministry. ...

Sok Raksa
https://www.phnompenhpost.com/national/ministry-lauds-8-years-of-mlc-cooperation-as-win-win-

Cambodia and China reaffirm their commitment to continue working closely in advancing the MLC cooperation

On 15 March 2024, Meas Kim Heng, Secretary of State of the Ministry of Foreign Affairs and International Cooperation and Mekong-Lancang Cooperation (MLC) SOM Leader of Cambodia, received a courtesy call by Chen Cong, Minister-Counsellor of the Embassy of the People’s Republic of China to ...

Khmer Times Staff
https://www.khmertimeskh.com/501456861/cambodia-and-china-reaffirm-their-commitment-to-continue-working-closely-in-advancing-the-mlc-cooperation/

$35M rural road fund to boost health and education access

The World Bank has approved a $35 million credit to help rural roads in three Cambodian provinces become more climate resilient to ensure residents have access to critical services and markets amid shifting weather patterns. ...

Marissa Carruthers
https://kiripost.com/stories/35m-rural-road-fund-to-boost-health-and-education-access

EU and Cambodia unveil $96.7M investment in four initiatives

The European Union (EU) and Cambodia have teamed up to launch four major programmes that focus on promoting sustainable value chains, energy efficiency and renewable energy, totalling $96.7 million. ...

Marissa Carruthers
https://kiripost.com/stories/eu-and-cambodia-unveil-967m-investment-in-four-initiatives

Cambodia seeks more investment from Europe

Even though Cambodia has attracted more European investors, the number of their investment projects in the country is still small, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501455006/cambodia-seeks-more-investment-from-europe/

Ministry seeks more US help to manage natural disasters

Thor Chetha, Minister of Water Resources and Meteorology, is seeking further assistance from the US Embassy in Cambodia to manage natural disasters, as well as greater technical assistance for ministry officials. ...

Nop Sreymao
https://www.khmertimeskh.com/501454169/ministry-seeks-more-us-help-to-manage-natural-disasters/

EU launches 4 new programs worth $85.6 mln in Cambodia

The European Union on Tuesday launched four new programs worth $85.6 million in total in Cambodia, with a focus on promoting sustainable value chains, energy efficiency and renewable energy, said a joint press release. ...

Khmer Times Staff
https://www.khmertimeskh.com/501455198/eu-launches-4-new-programs-worth-85-6-mln-in-cambodia/

Cambodia attracts $1.39 bln investment in first 2 months of 2024

Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/

Mexico’s trade balance in Kingdom is likely to reach $400M this year

Mexico has trade deposits in all ASEAN countries and its trade balance with Cambodia, in particular, is likely to touch $400 million by the end of 2024. This was made possible through the huge trade surplus between Mexico and the United States, reaching over $150 ...

Nhean Chamrong
https://www.khmertimeskh.com/501453541/mexicos-trade-balance-in-kingdom-is-likely-to-reach-400m-this-year/

Govt invested $4B for northeast economic pole

The Royal Government of Cambodia (RGC) spent about $3.85 billion by the end of last year to boost the development of northeast part of the country aimed at connecting economic flow with the triangle development area between the three neighbouring countries – Cambodia-Laos-Vietnam – through ...

Nhean Chamrong
https://www.khmertimeskh.com/501451064/govt-invested-4b-for-northeast-economic-pole/

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