Government

International relations

FDI inflows hit $48.4 billion in Cambodia in six years

Foreign direct investment (FDI) in Cambodia reached 197.8 trillion riels, ($48.4 billion) between 2018-2023, said the National Bank of Cambodia (NBC) on Tuesday. ...

Rachel David
https://www.khmertimeskh.com/501509131/fdi-inflows-hit-48-4-billion-in-cambodia-in-six-years/

Cambodia-Singapore Financial Transparency Corridor Initiative launched

The Financial Transparency Corridor (FTC) Initiative between Cambodia and Singapore was launched in Singapore this evening to catalyse increased trade and cross-border related financial services between small and medium-sized enterprises (SMEs) in the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501508569/cambodia-singapore-financial-transparency-corridor-initiative-launched/

Call to boost Cambodia, Malaysia economic ties

Senate President Hun Sen recently called for steps to further strengthen economic ties between Cambodia and Malaysia even as he expressed satisfaction with the growth of investment from Malaysia and the bilateral trade volume, especially Malaysia’s purchase of rice from Cambodia. ...

Mom Kunthea
https://www.khmertimeskh.com/501508286/call-to-boost-cambodia-malaysia-economic-ties/

Cambodia, Singapore vow to boost bilateral investment cooperation

Cambodia and Singapore are committed to fostering their cooperation in promoting bilateral investment by starting from priority areas for mutual socio-economic benefits. ...

Khmer Times Staff
https://www.khmertimeskh.com/501508571/cambodia-singapore-vow-to-boost-bilateral-investment-cooperation/

Cambodia, Singapore agree to promote stronger and more prosperous cooperation

The Prime Ministers of Cambodia and Singapore agreed to promote stronger and more prosperous cooperation. The agreement was reached during a bilateral meeting between Cambodian Prime Minister Hun Manet and Singaporean Prime Minister Lawrence Wong on June 18, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501508575/cambodia-singapore-agree-to-promote-stronger-and-more-prosperous-cooperation/

Vietnam, Cambodia promote trade, investment activities

The Investment and Trade Promotion Center of Ho Chi Minh City hosted a seminar on investment promotion between Vietnam and Cambodia in 2024 on June 7. ...

Saigon News
https://www.khmertimeskh.com/501502736/vietnam-cambodia-promote-trade-investment-activities/

UN holds annual dialogue with PM

The United Nations Country Team (UNCT) engaged in its first annual dialogue with Prime Minister Hun Manet to discuss the UN body’s achievements in the country, climate change, gender equity and women’s empowerment, leave no-one behind and international human rights standards. ...

Marissa Carruthers
https://kiripost.com/stories/un-holds-annual-dialogue-with-pm

US defense secretary Lloyd Austin confirms restoration of US-Cambodia ties, joint military drills

Cambodia and the US will restore relations, restart military exercise, and accept Cambodian military students to study at West Point, according to a Facebook post by senate president Hun Sen who met US Defense Secretary Lloyd Austin on Tuesday morning. ...

Khuon Narim
https://cambojanews.com/us-defense-secretary-lloyd-austin-confirms-restoration-of-us-cambodia-ties-joint-military-drills/

Cambodia, India to link payment systems by June

Cambodia’s central bank, the National Bank of Cambodia (NBC), is set to launch a faster and more efficient cross-border payment system between Cambodia and India. The initiative will mark a significant expansion of Bakong’s reach, fostering economic activity between the two nations. ...

Chea Vanyuth
https://www.khmertimeskh.com/501497758/cambodia-india-to-link-payment-systems-by-june/

Kingdom, Turkey keen on $1B trade goal, direct flights

Cambodia and Turkey have agreed to increase bilateral trade with an annual target of $1 billion and also moved ahead with plans to operate direct flights between Phnom Penh and Istanbul. ...

Nhean Chamrong
https://www.khmertimeskh.com/501497762/kingdom-turkey-keen-on-1b-trade-goal-direct-flights/

Cambodia seeks Chinese investment in EV sector

Cambodia has invited Chinese investors to look into the opportunities unfolding in the electric vehicle (EV) sector in the country. ...

Manoj Mathew
https://www.khmertimeskh.com/501498921/cambodia-seeks-chinese-investment-in-ev-sector/

Senate initiates inter-parliamentary friendship group with 11 nations

In a bid to bolster inter-parliamentary ties and foster collaborative efforts across borders, the Cambodian Senate has announced the establishment of a friendship group with the National Assembly-Senate of 11 countries, spanning regions both within and outside of Asia. ...

Hang Punreay
https://www.khmertimeskh.com/501498952/senate-initiates-inter-parliamentary-friendship-group-with-11-nations/

Third ring road named Xi Jinping Boulevard, a symbol of Cambodia-China’s steel relationship

The third ring road has been named “Xi Jinping Boulevard”, 60 years after a major thoroughfare in Phnom Penh was named Mao Tse-Tung Boulevard by King Norodom Sihanouk in honor of the iconic Chinese leader. ...

Seoung Nimol
https://cambojanews.com/third-ring-road-named-xi-jinping-boulevard-a-symbol-of-cambodia-chinas-steel-relationship/

China promises to expand investments in Kingdom

China is ready to encourage more companies to expand investment in the Kingdom, boosting the economic corridors, accelerating the industrialisation process and strengthening cooperation in railways, roads, energy and agriculture. ...

Nhean Chamrong
https://www.khmertimeskh.com/501495145/china-promises-to-expand-investments-in-kingdom/

Kingdom, Korea to establish trade consultation channel soon

Cambodia and South Korea will have ‘Regular Consultation Sessions’ aimed at boosting trade and investment cooperation between the two countries. ...

Nhean Chamrong
https://www.khmertimeskh.com/501491711/kingdom-korea-to-establish-trade-consultation-channel-soon/

Czech Republic provides development assistance to strengthen ties

The Czech Republic pledged to strengthen collaboration with Cambodia by providing development assistance in the sectors of health, education, and human resource development in order to foster better and stronger bilateral relations. ...

Hang Punreay
https://www.khmertimeskh.com/501491746/czech-republic-provides-development-assistance-to-strengthen-ties/

Cambodia proposes exclusive Special Economic Zone for Korean Firms to boost investment

Cambodian Prime Minister Hun Manet raised two initiatives to promote trade and investment of Korean investors in Cambodia. The premier spoke at the opening ceremony of the Cambodia-Republic of Korea Business Forum on 16 May 2024 in Seoul, South Korea.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501490362/cambodia-proposes-exclusive-special-economic-zone-for-korean-firms-to-boost-investment/

Korea FDI in Kingdom reaches $5 billion, says Prime Minister

Prime Minister Hun Manet yesterday said that the bilateral trade volume between the Republic of Korea and Cambodia reached approximately $751 million while Korea’s foreign direct investment (FDI) in the Kingdom recorded $30 million last year, taking the total FDI from the country to $5 ...

Nhean Chamrong
https://www.khmertimeskh.com/501489820/korea-fdi-in-kingdom-reaches-5-billion-says-prime-minister/

Kingdom, Korea ink 6 agreements

Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea yesterday witnessed the signing of four Memoranda of Understanding (MoUs) and two other agreements aimed at expanding multifaceted cooperation in financial development, investment flow, intellectual property, drug management, vocational training and ...

Nhean Chamrong
https://www.khmertimeskh.com/501489818/kingdom-korea-ink-6-agreements/

Cambodia’s RCEP trade up 14%

Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries rose by 13.98 percent to $11.19 billion, a report from the Ministry of Commerce said. ...

Chea Vanyuth
https://www.khmertimeskh.com/501489816/cambodias-rcep-trade-up-14/

Cambodia, Thailand bolster health and border relief cooperation

In a significant step towards enhancing regional healthcare infrastructure and border relief services, the Cambodian Ministry of Health and the Thai Ministry of Public Health have expanded their cooperation. ...

Hang Punreay
https://www.khmertimeskh.com/501489834/cambodia-thailand-bolster-health-and-border-relief-cooperation/

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