Government

Nimul urges local firms to go online with products

Cham Nimul, Minister of Commerce, yesterday, encouraged local companies, especially small and medium enterprises (SMEs), to register their products at ‘CambodiaTrade’ as well as explore the possibility of joining Alibaba.com to expand the market for Khmer products outside the Kingdom. ...

Nhean Chamrong
https://www.khmertimeskh.com/501495824/nimul-urges-local-firms-to-go-online-with-products/

Cambodia strengthens trade ties with Pakistan, Bangladesh

The Ministry of Commerce (MoC) yesterday inked an agreement with Pakistan to establish a joint committee aimed at elevating trade cooperation. ...

Nhean Chamrong
https://www.khmertimeskh.com/501496424/cambodia-strengthens-trade-ties-with-pakistan-bangladesh/

NBC, ministry join hands for women’s financial upliftment

The National Bank of Cambodia (NBC) signed a key agreement with the Ministry of Women’s Affairs on Monday in Phnom Penh for the upliftment of women in financial matters. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501496418/nbc-ministry-join-hands-for-womens-financial-upliftment/

Minister of Commerce recommends five points to promote the export of Cambodian products

Cham Nimul, Minister of Commerce, on May 27, presided over the opening ceremony of the seminar on “Beyond Borders: Bringing Cambodian Products to Global Markets through Alibaba.com, ”which was attended by leaders of the Ministry of Commerce, representatives of the Ministry of Posts and Telecommunications, ...

Khmer Times Staff
https://www.khmertimeskh.com/501495567/minister-of-commerce-recommends-five-points-to-promote-the-export-of-cambodian-products/

MoC, NBC push for riel price tags

The Ministry of Commerce and the National Bank of Cambodia (NBC) recently held a high-level meeting to discuss strategies to encourage the use of Khmer Riel and decided to promote price tag labelling in national currency as an important step. ...

Chea Vanyuth
https://www.khmertimeskh.com/501495175/moc-nbc-push-for-riel-price-tags/

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/

GDT tax collection falls in Q1

The General Department of Taxation (GDT) collected taxes totalling $1.18 billion during the January-March period this year, down 11.9 percent from $1.34 billion collected in the first quarter of 2023. ...

Chea Vanyuth
https://www.khmertimeskh.com/501493907/gdt-tax-collection-falls-in-q1/

Hun Sen proposes law to punish anyone denying Cambodia’s genocidal past

Senate President Hun Sen proposed drafting a law against people who claim that Cambodia did not experience a genocide and wanted to start a “color revolution”. A political analyst has said the law would further shrink citizens’ freedom of expression in relation to historical events. ...

Khuon Narim and Ly Rosslan
https://cambojanews.com/hun-sen-proposes-law-to-punish-anyone-denying-cambodias-genocidal-past/

MPWT considers private sector partner for Kampot Tourist Port

The Ministry of Public Works and Transport (MPWT) is considering a public private partnership (PPP) agreement with local development company AZ Builder to finalize the Kampot International Tourist Port. ...

James Whitehead
https://www.khmertimeskh.com/501488399/mpwt-considers-private-sector-partner-for-kampot-tourist-port/

Bank lending to households posts weak growth, says NBC

With bank credit growth reaching its lowest in two decades in Cambodia, households’ mortgage loans posted weak growth in 2023, said the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...

Rachel David
https://www.khmertimeskh.com/501492423/bank-lending-to-households-posts-weak-growth-says-nbc/

Key meeting boosts Kingdom’s sustainable tourism prospects

The Kingdom’s tourism industry got a shot in the arm with the visit of the top official of the China Metro Group who made a courtesy call on Minister of Tourism in Phnom Penh on Tuesday. ...

Jigme Palden Pazo
https://www.khmertimeskh.com/501493161/key-meeting-boosts-kingdoms-sustainable-tourism-prospects/

FDI inflows into manufacturing remain high

Foreign direct investment (FDI) inflows into the manufacturing sector remained high, after investment into construction and real estate, as per the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...

Rachel David
https://www.khmertimeskh.com/501491715/fdi-inflows-into-manufacturing-remain-high/

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/

Chinese delegation tours Kingdom to promote ‘Fish and Rice’ corridor

Representatives from the Ministry of Agriculture, Forestry and Fisheries (MAFF) recently hosted a week-long research delegation of Chinese agricultural specialists on a cross-country tour to both promote and initiate rice-fish and rice-shrimp integrated farming systems within Cambodian provinces. ...

James Whitehead
https://www.khmertimeskh.com/501489806/chinese-delegation-tours-kingdom-to-promote-fish-and-rice-corridor/

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/

The National Bank of Cambodia reviews measures of housing prices​

The Asian Development Bank forecast last month that Cambodia would have one of the lowest inflation rates in Southeast Asia this year if global fuel prices remain stable.​ ...

AKP
https://www.khmertimeskh.com/501490347/the-national-bank-of-cambodia-reviews-measures-of-housing-prices/

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/

Bar Association initiates ‘Lawyer to the Grassroot Level’ project

The Ministry of Interior has granted permission to the Bar Association of the Kingdom of Cambodia to cooperate on legal education and aid with administrative councils across the country. ...

Hang Punreay
https://www.khmertimeskh.com/501489779/bar-association-initiates-lawyer-to-the-grassroot-level-project/

Cambodia, South Korea sign memorandum of understanding on six documents

The Government of Cambodia and the Republic of Korea (ROK) signed a Memorandum of Understanding (MoU) on six documents on the morning of May 16, under the chairmanship of Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol. ...

Khmer Times Staff
https://www.khmertimeskh.com/501489599/cambodia-south-korea-sign-memorandum-of-understanding-on-six-documents/

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