Government

Two new tyre plants approved in August, 3,500 jobs created

Two tyre manufacturing factories, with a total investment of $686 million, were approved by the Council for the Development of Cambodia (CDC) in August, creating 3,459 jobs. ...

Niem Chheng
https://www.phnompenhpost.com/business/two-new-tyre-plants-approved-in-august-3-500-jobs-created

Hun Sen proposes investment in rice mills to Indonesian leader

Cambodia Friday urged Indonesian companies to invest 100 percent in rice mills with options to export not only to Indonesia but also to other countries as well. ...

Mom Kunthea
https://www.khmertimeskh.com/501555315/hun-sen-proposes-investment-in-rice-mills-to-indonesian-leader/

Cambodia seeks to harness R&D investment for technology-driven solutions to local challenges

The Ministry of Industry, Science, Technology & Innovation (MISTI) hosted a workshop on Friday, titled “Cambodia’s National R&D Management System,” aimed at bolstering the research ecosystem by helping researchers choose innovative research topics and transfer their results for socio-economic benefits. ...

Khmer Times Staff
https://www.khmertimeskh.com/501555486/cambodia-seeks-to-harness-rd-investment-fortechnology-driven-solutions-to-local-challenges/

Cambodia, China sign work plan on law enforcement cooperation

Cambodia and China signed a work plan to continue law enforcement cooperation on Friday, building on the successful collaboration from 2019 to the present. ...

Hang Punreay
https://www.khmertimeskh.com/501555431/cambodia-china-sign-work-plan-on-law-enforcement-cooperation/

Japan provides $55M for Capital’s power project

Japan has agreed to provide another loan of JPY 7.98 billion (approximately $55 million) to implement a project to improve and modernise the power grid in Phnom Penh.​ ...

Manoj Mathew
https://www.khmertimeskh.com/501555296/japan-provides-55m-for-capitals-power-project/

Third minimum wage negotiation – Employers agree to $2 now as employees reduce to $10

The third textile, garment, footwear and travel goods minimum wage negotiation for 2025 has yet to reach a consensus, even though employers representatives raised their offer from $1 to $2, while union representatives dropped their rate from $14 to $10. ...

Sovann Sreypech and Pou Soreachny
https://cambojanews.com/third-minimum-wage-negotiation-employers-agree-to-2-now-as-employees-reduce-to-10/

Cambodia, Indonesia continue to strengthen, expand cooperation in education

The Minister of Education, Youth, and Sports Hang Chuon Naron, yesterday received a courtesy call from Santo Darmosumarto, Ambassador of the Republic of Indonesia to Cambodia, to further strengthen and expand cooperation in the field of education, youth, and sports between the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501554513/cambodia-indonesia-continue-to-strengthen-expand-cooperation-in-education/

Groundwater evaluation projects underway

UNESCO working with the Ministry of Environment and the Ministry of Water Resources and Meteorology is implementing two transboundary groundwater projects targetting Prey Veng and Svay Rieng provinces. ...

Nop Sreymao
https://www.khmertimeskh.com/501554191/groundwater-evaluation-projects-underway/

$2M Mekong-Lancang fund to support eight key projects in Cambodia

Cambodia and China will sign a $2 million deal under the Mekong-Lancang Cooperation Special Fund 2024 to support eight projects across various sectors, reflecting their commitment to regional development. ...

Khim Sokunthy
https://kiripost.com/stories/2m-mekong-lancang-fund-to-support-eight-key-projects-in-cambodia

Germany donates $3.12 million for demining

The Federal Government of Germany is providing $3.12 million under the auspices of Norwegian People’s Aid (NPA) to support demining activities in Banteay Meanchey and Oddar Meanchey provinces for the next two years. ...

Som Sotheary
https://www.khmertimeskh.com/501553426/germany-donates-3-12-million-for-demining/

Cambodia, China to sign MLC fund pact today

Cambodia will receive about $2 million from China under the Mekong-Lancang Cooperation (MLC) Special Fund for 2024. Both countries will sign an agreement on this on Thursday in Phnom Penh.​ ...

Manoj Mathew
https://www.khmertimeskh.com/501553298/cambodia-china-to-sign-mlc-fund-pact-today/

Cambodia to host EMM-6 with focus on plastic pollution

The upcoming 6th Greater Mekong Subregion (GMS) Environment Ministers’ Meeting (EMM-6), set to be hosted by Cambodia next week, will focus on tackling plastic pollution across the Mekong region.​ ...

Phak Seangly
https://www.phnompenhpost.com/national/cambodia-to-host-emm-6-with-focus-on-plastic-pollution

MLVT opens foreign employee quota applications for 2025

Cambodia’s chief regulator of the human resources industry, the Ministry of Labour and Vocational Training (MLVT), has officially commenced the application process for business enterprises operating in the Kingdom to apply for their respective ‘foreign employee quotas’ in 2025. ...

James Whitehead
https://www.khmertimeskh.com/501553289/mlvt-opens-foreign-employee-quota-applications-for-2025/

CCC, CCPIT Shanghai boost economic ties

The Cambodia Chamber of Commerce (CCC) and China’s Shanghai Council for the Promotion of International Trade (CCPIT Shanghai) Tuesday enhanced cooperation in trade and investment between the two countries. ...

Chea Vanyuth
https://www.khmertimeskh.com/501552504/ccc-ccpit-shanghai-boost-economic-ties/

MoE underscores success of environment initiatives

The Ministry of Environment has underscored the success of the “Green Sprouts” initiative and ongoing efforts to preserve Cambodia’s natural resources since the new government assumed office in August of last year. ...

Ben Sokhean
https://www.khmertimeskh.com/501551974/moe-underscores-success-of-environment-initiatives/

IFC invests over $438 million in Cambodia’s financial sector

International Finance Corporation (IFC) – a financial institution that promotes private-sector development in the least developed countries (LDCs) – has increased its investment from $167.5 million to $438.5 million into the Kingdom’s financial sector, a rise of 260 percent over the past five years. ...

Nhean Chamrong
https://www.khmertimeskh.com/501551175/ifc-invests-over-438-million-in-cambodias-financial-sector/

China continues to top table of foreign investment in Cambodia

China remains Cambodia’s top investor while the US sits at the bottom of the scale, with a socio-economic expert warning about the need to balance relations between the two superpowers. ...

Meas Molika
https://kiripost.com/stories/china-continues-to-top-table-of-foreign-investment-in-cambodia

Ministry sets 5-year plan for info, AV sector development

The Ministry of Information has set a short- and long-term strategic plan for the development of the information and audio-visual sector over the next five years to contribute to the government’s reform on the information and audio-visual sector. ...

Hang Punreay
https://www.khmertimeskh.com/501550552/ministry-sets-5-year-plan-for-info-av-sector-development/

Cambodia, China sign MoU on education cooperation

The Cambodian Royal School of Administration and Pudong Executive Leadership Academy of China signed a Memorandum of Understanding (MoU) to enhance bilateral cooperation in the education sector. ...

Nop Sreymao
https://www.khmertimeskh.com/501550505/cambodia-china-sign-mou-on-education-cooperation/

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