Government

Cambodia, S’pore roll out SME-support fintech plan

Cambodia and Singapore have launched a Financial Transparency Corridor (FTC) initiative intended to provide the necessary digital infrastructure for cross-border financial services and trade between small- and medium-sized enterprises (SME) in either country. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-spore-roll-out-sme-support-fintech-plan

Environment minister eyes eco-tourist infrastructure in two protected preserves

Minister of Environment Say Samal has announced plans to enhance infrastructure in two key protected areas to boost local livelihoods and sustainable tourism.​ ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/environment-minister-eyes-eco-tourist-infrastructure-two-protected-preserves

Cambodia’s public debt tops the $10 billion mark

According to Cambodia’s Public Debt Statistical Bulletin Volume 18 published on June 8, the country’s public debt is composed of $10.23 billion in foreign debt and $42.45 million in domestic debt. ...

Ou Sokmean
https://cambodianess.com/article/cambodias-public-debt-tops-the-10-billion-mark

Election campaign sparks slump in local tourists, Says MoT

The Ministry of Tourism (MoT) on Tuesday announced that the Cambodian People Party’s (CPP) election campaign may have led to a drop in local tourists. ...

Yatt Malai
https://kiripost.com/stories/cambodia-election-campaign-sparks-slump-in-local-tourists-says-mot

International trade down 13% in first half of 2023

Cambodia’s international trade performance in the first half of 2023 registered $23.69 billion, a decrease of 13 percent from $27.24 billion in the same period last year, according to a report from the General Department of Customs and Excise (GDCE) on Monday. ...

Mon Sokeo
https://kiripost.com/stories/cambodia-international-trade-down-13-in-first-half-of-2023

Cross-border QR payments between China and Cambodia launch

The National Bank of Cambodia (NBC) and UnionPay International (UPI) signed a deal on Monday to promote cross-border payment with China and improve the use of the Khmer riel. ...

Yatt Malai
https://kiripost.com/stories/cross-border-qr-payments-between-china-and-cambodia-launch

Government transfers extra funds to communes

The government has issued a new sub-decree to transfer funds for an additional five years to commune administrations for local development expenditures. The money will help to improve public services and local level development for the period between 2024 and 2028. ...

Hang Punreay
https://www.khmertimeskh.com/501322664/government-transfers-extra-funds-to-communes/

Australia deepens economic ties with ASEAN

Australia’s special envoy for Southeast Asia, Nicholas Moore, said that his nation will deepen economic ties with Cambodia and other regional countries in ASEAN as part of engagement with the bloc. ...

Seng Mengheng
https://kiripost.com/stories/australia-deepens-economic-ties-with-asean

Cambodia turns challenges into opportunities for Australian investors

Huge investment potential in Cambodian sectors such as automotive, agriculture development, tourism, technology and innovation, education, logistics and supply chains, and mining have been identified in the latest investment handbook. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-turns-challenges-into-opportunities-for-australian-investors

Talks held with Alibaba to promote Cambodian rice

Talks are underway to promote Cambodian rice on the Alibaba platform with the aim of increasing sales by competing in the Chinese market. ...

Rov Hongseng
https://kiripost.com/stories/talks-held-with-alibaba-to-promote-cambodian-rice

Competition law framework grew steadily in last two years

The Kingdom’s competition law framework has grown steadily to become more robust during the last two years, according to a leading law firm in the region pioneering intellectual property rights. ...

S​reek​ant​h​ R​a​v​in​d​r​an
https://www.khmertimeskh.com/501321303/competition-law-framework-grew-steadily-in-last-two-years/

Ministry urges SMEs to embrace sustainability, inclusiveness

FacebookTwitterEmailShareThe small and medium enterprises (SMEs) in Cambodia play an important role in socio-economic development and it is necessary to encourage SMEs to embrace the principles of sustainability and inclusiveness, a top official said. ...

A​d​ur ​P​rade​e​p​
https://www.khmertimeskh.com/501321304/ministry-urges-smes-to-embrace-sustainability-inclusiveness/

National police: political activism led to candlelight party member’s arrest in Thailand

The arrest of a Candlelight Party member in Bangkok last Friday was related to his activism against the ruling Cambodian People’s Party (CPP), a National Police spokesperson said. ...

Phon Sothyroth and Leila Goldstein
https://cambojanews.com/national-police-political-activism-led-to-candlelight-party-members-arrest-in-thailand/

NEC prepares 13M ballots for July 23 election

The National Election Committee (NEC) announced the successful printing of over 13 million ballot papers. The ballots are set to be dispatched to provinces throughout the country on July 18, a strategic move scheduled five days ahead of the July 23 general election. ...

Kim Yutharo
https://www.phnompenhpost.com/national/nec-prepares-13m-ballots-july-23-election

Koh Ker Temple set to be listed as World Heritage Site

Koh Ker Temple, a remote archaeological site in northern Cambodia about 120 km away from Siem Reap and an ancient capital of the Khmer Empire is set to be listed as a World Heritage Site. ...

Son Minea
https://www.khmertimeskh.com/501321430/koh-ker-temple-set-to-be-listed-as-world-heritage-site/

Economy to grow 5.5% in 2023, says NBC

Cambodia’s GDP is expected to grow by 5.5 percent with a low inflation rate of two percent in 2023, due to external factors and the re-opening of the economy. ...

Mao Sreypich
https://kiripost.com/stories/national-bank-cambodia-economy-to-grow-5-point-5-2023

‘How can we help grow your economy?’ Australia asks Cambodia

Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/how-can-we-help-grow-your-economy-australia-asks-cambodia

New teaching methods in Cambodia transform learning for young students

Seven-year-olds Sovandara Lima and Prey Haraty are excited to begin their maths lesson. Today they are working on their addition, but instead of just copying down exercises from the whiteboard like they would have been doing last year, they’re choosing the sums themselves. The game ...

Khmer Times Staff
https://www.khmertimeskh.com/501321111/new-teaching-methods-in-cambodia-transform-learning-for-young-students/

Financiers taking national ID cards as collateral to face action

Cambodia’s Ministry of Interior has issued a warning against the use of national identity cards as collateral for loans as it violates the guidelines of the National Bank of Cambodia (NBC). ...

Nhean Chamrong
https://www.khmertimeskh.com/501321287/financiers-taking-national-id-cards-as-collateral-to-face-action/

Vietnam becomes largest ASEAN trading partner of Cambodia: media

Vietnam became Cambodia’s largest trading partner among members of the Association of Southeast Asian Nations (ASEAN) in the first five months of 2023 as bilateral trade made up nearly 50% of the total between Cambodia and ASEAN members during the period. ...

Khmer Times Staff
https://www.khmertimeskh.com/501321665/vietnam-becomes-largest-asean-trading-partner-of-cambodia-media/

Cambodia posts some $89 million in rice exports to China in H1

Cambodia raked in $88.9 million from exporting 138,364 tonnes of milled rice to China in the first half of 2023, according to the Cambodia Rice Federation (CRF). ...

Khmer Times Staff
https://www.khmertimeskh.com/501321641/cambodia-posts-some-89-million-in-rice-exports-to-china-in-h1/

44th Senior Officials Meeting on Drug Matters discusses illegal drug problems

The Association of Southeast Asian Nations (ASEAN) has held the 44th Senior Officials Meeting on Drug Matters (ASOD) forum to address emerging issues on the drug trafficking front. ...

Khmer Times Staff
https://www.khmertimeskh.com/501320128/44th-senior-officials-meeting-on-drug-matters-discusses-illegal-drug-problems/

Cambodian exports to Vietnam surge by nearly a quarter to $1.3B

Cambodia’s goods exports to Vietnam reached $1.324 billion in the first five months of 2023, up 22.69 per cent year-on-year from $1.079 billion and up 83.92 per cent half-on-half from $719.79 million, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-vietnam-surge-nearly-quarter-13b

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