Government
Cambodia’s total public debt stands at $10.72 billion as of September
The Cambodian government had a total public debt of $10.72 billion as of September 2023, according to the Cambodia Public Debt Statistical Bulletin released by the Ministry of Economy and Finance on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404146/cambodias-total-public-debt-stands-at-10-72-billion-as-of-september/
Construction approvals down, investment up
Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...
Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up
Gov’t revenue $4.9B, spending $6.3B
The government’s national revenue collection in the first 10 months of 2023 reached nearly $4.9 billion, equating to almost 78% of the target set by the 2023 Law on Financial Management, while total expenditures stood at over $6.3 billion, as reported by the Ministry of ...
https://www.phnompenhpost.com/business/gov-t-revenue-4-9b-spending-6-3b
Ministry plans new generation schools in every province
The Ministry of Education, Youth and Sport announced the creation of more new generation schools across the country to contribute to the development of the national economy. ...
Ton Vibol
https://www.khmertimeskh.com/501404741/ministry-plans-new-generation-schools-in-every-province/
EU and Cambodia focus on education partnership for development
Cambodia and the European Union (EU) held discussions on further cooperation to promote the education sector in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404345/eu-and-cambodia-focus-on-education-partnership-for-development/
Health Ministry aims to reduce blindness to 0.35% of populace by 2030
The Ministry of Health announced an updated roadmap for the management of blindness and its prevention. The plan aims to reduce blindness among the populace to 0.35% from the present rate of 1.2% by 2030. ...
Hang Punreay
https://www.khmertimeskh.com/501404753/health-ministry-aims-to-reduce-blindness-to-0-35-of-populace-by-2030/
Domestic and Chinese investors lead $619 million investment boom in Cambodia
The Council for the Development of Cambodia (CDC) has given the green light to 21 new investment projects in November 2023. With a total investment capital of nearly $619 million, these projects can potentially create approximately 22,000 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404257/domestic-and-chinese-investors-lead-619-million-investment-boom-in-cambodia/
NBC committed to promoting sustainable financing, says Serey
The National Bank of Cambodia (NBC) is committed to promoting sustainable financing, which has been categorised as one of the key priorities within the first phase of the Pentagonal Strategy, its Governor Dr Chea Serey said on Friday. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501404710/nbc-committed-to-promoting-sustainable-financing-says-serey/
Government urges youth to consider vocational training
Senior officials from the Ministry of Labour and Vocational Training are encouraging young Cambodians to study technical skills but choose courses that not only interest them but are also in demand to improve their chances of finding suitable work in the job market. ...
Tith Kongnov
https://www.khmertimeskh.com/501403688/government-urges-youth-to-consider-vocational-training/
Cambodia’s national budget revenue reached about $4.9 billion in the first 10 months of 2023, down 2%
In the first 10 months of 2023, the national revenue collection reached 20,160 billion riels (approximately $4.9 billion), equivalent to 74.95% of the 2023 financial law, and decreased by 2.02% compared to the same period in 2022. This is according to the report from the ...
Khmer Times Staff
https://www.khmertimeskh.com/501403520/cambodias-national-budget-revenue-reached-about-4-9-billion-in-the-first-10-months-of-2023-down-2/
GDT calls for good tax culture in Cambodia
The General Department of Taxation (GDT) has asked garment, footwear, and travel goods (GFT) manufacturers and exporters to comply with the new tax law and also support promoting a good tax culture in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501403662/gdt-calls-for-good-tax-culture-in-cambodia/
Cambodia, Japan discuss cooperation expansion
Cambodian Prime Minister and Ambassador of Japan to Cambodia have discussed the strengthening and expansion of cooperation between the two countries in a number of areas. ...
Khmer Times Staff
https://www.khmertimeskh.com/501403908/cambodia-japan-discuss-cooperation-expansion/
EU seeks investors for cashew nut processing units in Cambodia
The European Union (EU) is seeking potential European investors in the cashew industry with an aim of shifting the cashew nut processing from neighbouring countries to Cambodia. ...
Ben Sokhean
https://www.khmertimeskh.com/501403200/eu-seeks-investors-for-cashew-nut-processing-units-in-cambodia/
Cambodia, Vietnam and Laos commit to fight transnational crimes
Cambodia, Vietnam and Laos (CVL) have committed to join forces to fight human trafficking, drug offenses, transnational crime, forest crime and cross-border crime, said a senior Defence Ministry official. ...
Tith Kongnov
https://www.khmertimeskh.com/501403247/cambodia-vietnam-and-laos-commit-to-fight-transnational-crimes/
PM outlines five-point strategy to fight corruption
Prime Minister Hun Manet has outlined five new strategies to promote reform of governance and the fight against corruption in public administration. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501403234/pm-outlines-five-point-strategy-to-fight-corruption/
228 workers died of occupational hazards, says ministry
As many as 228 factory workers across the country had died of occupational hazards between January and November, according to the Ministry of Labour and Vocational Training. ...
Hang Punreay
https://www.khmertimeskh.com/501403222/228-workers-died-of-occupational-hazards-says-ministry/
Water Resources minister calls for ‘Closer Monitoring and Stronger Action’ as Mekong water flows change
Water Resources and Meteorology Minister Thor Chetha has called for greater collective efforts to mitigate the impacts of flood and drought amid changing hydrological conditions on the Mekong River. ...
Khmer Times Staff
https://www.khmertimeskh.com/501403272/water-resources-minister-calls-for-closer-monitoring-and-stronger-action-as-mekong-water-flows-change/
Cambodia’s export to other RCEP members sharply up in 10 months
Cambodia exported $6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 percent from the same period last year, said a Ministry of Commerce’s report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402629/cambodias-export-to-other-rcep-members-sharply-up-in-10-months/
Australia supports inclusive and equitable public service delivery in Cambodia
The Australian Government has supported inclusive and equitable public service delivery in Cambodia, said the Australian Embassy in Phnom Penh. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402652/australia-supports-inclusive-and-equitable-public-service-delivery-in-cambodia/
Project upscales to improve access to public services
On Monday, the Australian Embassy, World Bank, the National Committee for sub-National Democratic Development Secretariat (NCDDS) and World Vision International in Cambodia (WVI-C) launched the next phase of the Implementation of Social Accountability Project (ISAF). ...
Meas Molika
https://kiripost.com/stories/project-upscales-to-improve-access-to-public-services
PM Hun Manet aborts coal power plant project in Botum Sakor district
The new government has abandoned plans to build a $1.5 billion 700-megawatt (MW) coal-fired power project in Botum Sakor district, Koh Kong province, deciding instead to develop a liquefied natural gas (LNG) power plant. ...
Pok Ponlue and Hel Komsan
https://cambojanews.com/pm-hun-manet-aborts-coal-power-plant-project-in-botum-sakor-district/
EU provides funds for Cambodian government to support reform of fisheries sector
The European Union (EU) has pledged to provide EUR 6.375 million (around $7 million) grants to Cambodia to support reforms of its fisheries sector. ...
Khmer Times Staff
https://www.khmertimeskh.com/501401859/eu-provides-funds-for-cambodian-government-to-support-reform-of-fisheries-sector/
Transparency International: Cambodia’s budget process lacks transparency and regulation
Cambodia’s budgetary process lacks transparency and sufficient regulation, according to a publication this month from the anti-corruption watchdog Transparency International (TI) Cambodia. ...
Seoung Nimol
https://cambojanews.com/transparency-international-cambodias-budget-process-lacks-transparency-and-regulation/
CPV General Secretary: Vietnam supports Cambodia’s national development
Vietnam always supports Cambodia’s national construction and development, General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen PhuTrong told President of the Cambodian National Assembly (NA)KhuonSudary, during a reception in Hanoi, Vietnam on Dec. 1. ...
Khmer Times Staff
https://www.khmertimeskh.com/501400484/cpv-general-secretary-vietnam-supports-cambodias-national-development/