Khmer Times

Cambodian journalists celebrate World Press Freedom Day with Prime Minister

Some 5,000 Cambodian media practitioners celebrated World Press Freedom Day with Prime Minister Hun Manet and many senior government officials on May 3 afternoon. ...

Khmer Times Staff
https://www.khmertimeskh.com/501482845/cambodian-journalists-celebrate-world-press-freedom-day-with-prime-minister/

MISTI, LABS explore avenues to enhance factory safety standards in Cambodia

Hem Vanndy, Minister of Industry Science Technology & Innovation, on May 2, 2024 received representatives from Life and Building Safety (LABS), led by its Country Manager, Mr Emerald Am, to explore avenues for enhancing factory safety in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501483110/misti-labs-explore-avenues-to-enhance-factory-safety-standards-in-cambodia/

$5 billion ADB replenishment agreed for most vulnerable countries

Donors and the Asian Development Bank (ADB) have agreed to replenish $5 billion for its Asian Development Fund (ADF) and its Technical Assistance Special Fund. ...

Khmer Times Staff
https://www.khmertimeskh.com/501483069/5-billion-adb-replenishment-agreed-for-most-vulnerable-countries/

Committed to fairness: Govt working out compensation to those affected by Funan Techo Canal project

A senior government official in charge of investment in Cambodia said on Friday that while the impacts of the Funan Techo Canal construction on local residents are inevitable, the government is planning fair compensation and resettlement with a similar approach taken with the Phnom Penh-Sihanoukville ...

Taing Rinith
https://www.khmertimeskh.com/501483336/committed-to-fairness-govt-working-out-compensation-to-those-affected-by-funan-techo-canal-project/

Kingdom narrows healthcare gap for mothers in last two decades

Cambodia has managed to provide quality maternal care for all women, rich and poor, in the last two decades, said a World Bank report. Data shows the gap in access to maternal health care between the richest and poorest has narrowed. ...

Rachel David
https://www.khmertimeskh.com/501483294/kingdom-narrows-healthcare-gap-for-mothers-in-last-two-decades/

Working capital loans form 54% of small business needs

Cambodians running small businesses are continuing to find the need for working capital as their most pressing need, as per data. As high as 54 percent of 1.89 million loans issued were for working capital, as per the first quarter report of the Small Business ...

Rachel David
https://www.khmertimeskh.com/501482273/working-capital-loans-form-54-of-small-business-needs/

IMF revises Cambodia’s GDP up 35% with 2014 base

The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...

Manoj Mathew
https://www.khmertimeskh.com/501482271/imf-revises-cambodias-gdp-up-35-with-2014-base/

ASEAN-International Wholesale Market opens for business

The ASEAN-International Wholesale Market, locally known as the New Deum Kor Market, was officially inaugurated last week in a ceremony including Khuong Sreng, Governor of Phnom Penh, Wang Wentian, Chinese Ambassador to Cambodia, and other representatives and stakeholders of the project. ...

James Whitehead
https://www.khmertimeskh.com/501481579/asean-international-wholesale-market-opens-for-business/

Commercial real estate market sees shops moving to high-end streets

In Phnom Penh, visibility seems to have become key to retailers. High-end brands are reportedly moving to more up-market locations like Prime High Street, versus community malls, retail podiums and prime shopping malls. ...

Rachel David
https://www.khmertimeskh.com/501481585/commercial-real-estate-market-sees-shops-moving-to-high-end-streets/

Cambodia to have five more vehicle assembly factories

According to the Ministry of Commerce, five automobile manufacturers are reportedly building production facilities in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501481029/cambodia-to-have-five-more-vehicle-assembly-factories/

Govt asks investors to build EV production plants

The Ministry of Commerce (MoC) encouraged investors and businessmen to invest in car factories, especially the electric vehicles (EVs) and reap benefits from the FTAs that Cambodia has with many partners and the preferential tariffs received from developed countries. ...

Nhean Chamrong
https://www.khmertimeskh.com/501480747/govt-asks-investors-to-build-ev-production-plants/

Use domestic rubber as raw material, PM tells tyre factories

Prime Minister Hun Manet has asked all tyre factories in the country to use domestic rubber as raw material inputs, creating a market for rubber plantation farmers even as two more tyre factory projects have received in-principle approval for investment in Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501480753/use-domestic-rubber-as-raw-material-pm-tells-tyre-factories/

Businesses encouraged to register for IP rights

The Ministry of Commerce (MoC) and the Ministry of Industry, Science, Technology, and Innovation jointly celebrated World Intellectual Property (IP) Day 2024, encouraging business owners to register their products to add value and strengthen competitiveness in domestic and foreign markets. ...

Chea Vanyuth
https://www.khmertimeskh.com/501480749/businesses-encouraged-to-register-for-ip-rights/

PM urges railway upgradation

Prime Minister Hun Manet yesterday urged the transport ministry and the Royal Railway Cambodia (RRC) to find ways to upgrade the existing railway to improve the country’s logistics infrastructure. ...

Chea Vanyuth
https://www.khmertimeskh.com/501481591/pm-urges-railway-upgradation/

Business forum to scale up Cambodia-Mexico trade, investment ties

Trade and investment cooperation between Cambodia and Mexico are expected to increase after a business forum which is planned to be organized in Phnom Penh soon. ...

Chea Vanyuth
https://www.khmertimeskh.com/501481587/business-forum-to-scale-up-cambodia-mexico-trade-investment-ties/

14 projects worth $213M approved in Sihanoukville

Another 14 projects worth $213 million received approval in Cambodia’s coastal city Sihanoukville recently which included 10 projects for reviving the construction of stalled buildings under the ‘Special Investment Promotion Program’ for the city, launched by Prime Minister Hun Manet earlier in January. ...

Manoj Mathew
https://www.khmertimeskh.com/501481583/14-projects-worth-213m-approved-in-sihanoukville/

Govt sets up alcohol working group to protect consumers

The government has set up a nine-member Alcohol Control Working Group (ACWG) to set technical measures, regulate advertising, ensure consumer protection, and promote competition. ...

Hang Punreay
https://www.khmertimeskh.com/501480071/govt-sets-up-alcohol-working-group-to-protect-consumers/

Turkey asks Cambodia to help develop its relations with ASEAN

Turkey is asking Cambodia to support the process of relationship-building with ASEAN nations that will help to expand closer cooperation with stakeholders across the region. ...

Hang Punreay
https://www.khmertimeskh.com/501480071/govt-sets-up-alcohol-working-group-to-protect-consumers/

Construction sees revival with $5 billion approved projects

Cambodia has seen more than $5 billion approved construction projects in 2023, as per data with CBRE Cambodia. This is a 79 percent increase compared to the previous year. ...

Rachel David
https://www.khmertimeskh.com/501480023/construction-sees-revival-with-5-billion-approved-projects/

Higher for Longer – The impact of higher interest rates in Cambodia

We do not need to be a rocket scientist to deduce that higher interest rates often cause more pain than (being a) panacea. ...

Mr Raymond Sia, CEO, Canadia Bank
https://www.khmertimeskh.com/501479396/higher-for-longer-the-impact-of-higher-interest-rates-in-cambodia/

Climate-smart agricultural techniques have significantly increased the annual crop profits of targeted farmers

Climate-smart agricultural techniques have significantly increased the annual crop profits of targeted farmers from $1401 to $2234 over the five-year implementation of the Systems Approach to Transformative Economic Empowerment and Resilience project. ...

Khmer Times Staff
https://www.khmertimeskh.com/501479169/climate-smart-agricultural-techniques-have-significantly-increased-the-annual-crop-profits-of-targeted-farmers/

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