Government

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/

Cambodia records 17 pct rise in garment, footwear, travel goods export in first four months

Cambodia exported garment, footwear, and travel products (GFT) worth $3,763 million in the first four months of 2024, up 17 percent from the $3,211 million reported a year earlier, according to a report released by the Ministry of Commerce on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501489411/cambodia-records-17-pct-rise-in-garment-footwear-travel-goods-export-in-first-four-months/

Cambodia’s exports to RCEP countries up 16 percent in 4 months

Cambodia earned over $3.36 billion from exports to members of the Regional Comprehensive Economic Partnership (RCEP) in the first four months this year, up 16.2 percent from $2.89 billion recorded in the same period in 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501489447/cambodias-exports-to-rcep-countries-up-16-percent-in-4-months/

Cambodia urges ADB to expand investment to combat climate change and natural disasters

Thor Chetha, Minister of Water Resources and Meteorology, highlighted the Ministry’s priority of strengthening the forecasting system, early warning system, and early warning to vulnerable people to be vigilant as needed to reduce natural disasters and economic losses, and urged the Asian Development Bank to ...

Khmer Times Staff
https://www.khmertimeskh.com/501488991/cambodia-urges-adb-to-expand-investment-to-combat-climate-change-and-natural-disasters/

UAE to expand economic ties with Kingdom

Prime Minister Hun Manet recently urged investors from the United Arab Emirates (UAE) to invest in Cambodia’s priority sectors such as tourism, agriculture, technology and clean energy infrastructures that can generate jobs in the country. ...

Nhean Chamrong
https://www.khmertimeskh.com/501488405/uae-to-expand-economic-ties-with-kingdom/

Ministry trains youth in trade regulations

The Ministry of Commerce has been training youngsters so that they are aware of Cambodia’s trade regulations and guidelines, governing the country’s trade and export-oriented markets. ...

Rachel David
https://www.khmertimeskh.com/501488408/ministry-trains-youth-in-trade-regulations/

EU Ambassador sees NA and the EP forging stronger ties

Igor Driesmans, Ambassador of the European Union (EU) to Cambodia, in a meeting with National Assembly (NA) President Khuon Sudary, expressed his firm belief for enhanced cooperation between the NA and the European Parliament (EP). ...

Hang Punreay
https://www.khmertimeskh.com/501489189/eu-ambassador-sees-na-and-the-ep-forging-stronger-ties/

Ministry requests enhanced security to promote 24-hour health centre services

The Ministry of Health has requested provincial governors to appoint local authorities, including law enforcement, to ensure security and safety at all health posts and centres nationwide, as part of its effort to promote the provision of health services 24 hours a day, seven days ...

Torn Vibol
https://www.khmertimeskh.com/501489185/ministry-requests-enhanced-security-to-promote-24-hour-health-centre-services/

Ministry of Information officially launches “Health Room for Officers”

In order to protect officials’ health and help reduce their spending, the Ministry of Information launched the “Health Room for Officers” on May 15, 2024,under the presidency of Minister of Information Neth Pheaktra. ...

Khmer Times Staff
https://www.khmertimeskh.com/501489406/ministry-of-information-officially-launches-health-room-for-officers/

New strategy to boost Cambodia’s financial sector, says Serey

The new financial development strategy for the next five years aims to help the financial sector bag greater achievements as it supports inclusive economic development, contributing to reducing poverty nationwide, said Chea Serey, Governor of the National Bank of Cambodia (NBC). ...

Nhean Chamrong
https://www.khmertimeskh.com/501489146/new-strategy-to-boost-cambodias-financial-sector-says-serey/

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/

Tax issues, lack of funding trouble SMEs

International Mother’s Day was marked with a bustling marketplace for small and medium business enterprises (SMEs) on Sunday at Raffles Hotel Le Royal. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501487218/tax-issues-lack-of-funding-trouble-smes/

Ministry of Women’s Affairs and National Bank of Cambodia receive the Global Summit of Women 2024 Roundtable Ministerial Award

The Ministry of Women’s Affairs and the National Bank of Cambodia have received the Global Summit of Women 2024 Roundtable Ministerial Award on “projects that have a positive impact on women and girls” through the use of the payment system “Bakong” from the World Women’s ...

Khmer Times Staff
https://www.khmertimeskh.com/501487559/ministry-of-womens-affairs-and-national-bank-of-cambodia-receive-the-global-summit-of-women-2024-roundtable-ministerial-award/

Gov’t pledges to improve conditions of workers

The Royal Government of Cambodia pledged to improve the working conditions of employees in the private sector with a Memorandum of Understanding (MoU) signed with ILO last week at the Ministry of Labour and Vocational Training. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501487836/govt-pledges-to-improve-conditions-of-workers/

2,500 Business Operators join Cambodia international trade fair 2024

“Cambodia International Trade Fair 2024” has gathered over 2,500 international business operators from 16 countries to explore investment opportunities in the Kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501486627/2500-business-operators-join-cambodia-international-trade-fair-2024/

Hainan Litree plans to invest up to $100 million in Cambodia’s Clean Water Sector

On May 10, Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), received representatives from Hainan Litree Purifying Technology Co., Ltd. and discussed the company’s interest in expanding its investment in Cambodia’s clean water sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501486640/hainan-litree-plans-to-invest-up-to-100-million-in-cambodias-clean-water-sector/

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