Government

Exports to Japan exceed $1 billion in first 9 months of 2024

Bilateral trade between Cambodia and Japan in the first nine months of 2024 amounted to nearly $1.6 billion, marking an increase of almost 20% compared to the same period in 2023, with Cambodia’s exports to Japan surpassing $1 billion. ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-to-japan-exceed-1-billion-in-first-9-months-of-2024

USAID chief announces more aid for Cambodia

Samantha Power, the Administrator of the United States Agency for International Development (USAID), announced on Wednesday another $38 million to support the Cambodian people through a range of new expanded US activities. ...

Nop Sreymao
https://www.khmertimeskh.com/501579910/usaid-chief-announces-more-aid-for-cambodia/

Cambodia attracts $443 million in new FDI

Cambodia attracted Foreign Direct Investment (FDI) worth $443 million in September 2024 which could create about 25,000 more jobs for local people, it was disclosed on Wednesday. ...

Manoj Mathew
https://www.khmertimeskh.com/501579714/cambodia-attracts-443-million-in-new-fdi/

DPM Samal outlines key tasks to boost Kep tourism

Say Samal, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction (MLMUPC), Monday called on the Kep Provincial Administration (KPA) to focus on achieving the objectives of Pentagonal Strategy – Phase One’s vision aimed at expanding accessibility to clean water, electricity and ...

Nhean Chamrong
https://www.khmertimeskh.com/501578336/dpm-samal-outlines-key-tasks-to-boost-kep-tourism/

Kingdom’s exports to EU touches $3.3B in Q3

Cambodia’s export to the European Union (EU) surged to $3.29 billion in the first three quarters of 2024, up nearly 20 percent from $2.79 billion compared to the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501579698/kingdoms-exports-to-eu-touches-3-3b-in-q3/

USAID backs independent media, raises concerns over press freedom

During her historic visit to Cambodia, Samantha Power, administrator for the US Agency for International Development (USAID), announced an additional $5 million in support for civil society, workers and independent media. ...

Hong Raksmey
https://www.phnompenhpost.com/national/usaid-backs-independent-media-raises-concerns-over-press-freedom

Cambodia’s trade with RCEP countries rises to over $25 bln in first 9 months

Cambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) countries hit $25.54 billion in the first nine months of 2024, up 17.1 percent over the same period last year, a report said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501578603/cambodias-trade-with-rcep-countries-rises-to-over-25-bln-in-first-9-months/

Cambodia’s trade with ASEAN up 13 pct in Jan.-Sept.

Cambodia’s trade volume with its fellow ASEAN member states was valued at $11.72 billion in the first nine months of 2024, up 13 percent from $10.37 billion over the same period last year, said an official report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501578605/cambodias-trade-with-asean-up-13-pct-in-jan-sept/

Tourism minister lays out plans to attract Chinese visitors

Newly-appointed Minister of Tourism Huot Hak, who until recently served as Minister of Inspections, has called the Kingdom’s citizens and international guests to play their part in promoting Cambodia as a tourist destination, while assuring the public that the tourism ministry is actively working with ...

Niem Chheng
https://www.phnompenhpost.com/business/tourism-minister-lays-out-plans-to-attract-chinese-visitors

Cambodia to hold annual meeting on climate change in Sihanoukville from October 24-25

The Ministry of Environment, in collaboration with the Mekong Future Initiative, will hold the Annual Meeting on Cambodia Climate Change 2024 (CCCS24) at the Independent Hotel, Sihanoukville Province, from October 24 to 25, 2024, which will be chaired by Eang Sophalleth, Minister of Environment and ...

Khmer Times Staff
https://www.khmertimeskh.com/501578091/cambodia-to-hold-annual-meeting-on-climate-change-in-sihanoukville-from-october-24-25/

An early look at how Cambodia’s economic vision is shaping up

There’s a broad consensus on Cambodia that it has become one of the attractive destinations of the world. In gist, it has become the apple of the eye for global investors. Going by the latest report of the Council for the Development of Cambodia – ...

Nhean Chamrong
https://www.khmertimeskh.com/501577061/an-early-look-at-how-cambodias-economic-vision-is-shaping-up/

Cambodia’s trade soars by 9.4%, worth $52 billion

Cambodia’s international trade with 170 countries exceeded $52 billion from August 2023 to July this year, an increase of 9.4 percent compared to the same period last year, said Neth Pheaktra, Minister of Information (MoI). ...

Nhean Chamrong
https://www.khmertimeskh.com/501577100/cambodias-trade-soars-by-9-4-worth-52-billion/

Surge in donations for border infrastructure development

As the closing deadline for contributions to the Foundation for Border Infrastructure Development approaches, there has been a surge of donation. ...

Torn Vibol
https://www.khmertimeskh.com/501577682/surge-in-donations-for-border-infrastructure-development/

Cambodia collects $26.3 mln for border infrastructure development

Cambodia has raised $26.3 million from charitable people for border infrastructure development, and the fundraising campaign will be concluded by the end of the month, according to an official announcement on Sunday.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501577308/cambodia-collects-26-3-mln-for-border-infrastructure-development/

MPTC gathers input for ASEAN secretariat on GenAI governance and ethics

A consultative workshop on generative artificial intelligence (GenAI) governance and ethics was held by the Ministry of Post and Telecommunications (MPTC) to gather input from relevant stakeholders and prepare a draft for the ASEAN Secretariat. “In governing GenAI, we must prioritise public interests,” said MPTC secretary ...

Kiripost staff writers
https://kiripost.com/stories/mptc-gathers-input-for-asean-secretariat-on-genai-governance-and-ethics

ASEAN nations collaborate on AI governance: Cambodia leads regional efforts

The ASEAN member states are taking steps toward regulating artificial intelligence (AI) across the region, as highlighted during a consultative workshop, held in Phnom Penh this evening, October 17. The workshop, themed “Expanded ASEAN Guide on AI Governance and Ethics – Generative AI,” gathered representatives from ...

Hong Raksmey
https://www.phnompenhpost.com/national/asean-nations-collaborate-on-ai-governance-cambodia-leads-regional-efforts

Cambodia doubles down on power infrastructure development

The government is actively working to expand its power generation and transmission capabilities to meet the country’s growing energy demands, said Keo Rottanak, Minister of Mines and Energy. ...

Chea Vanyuth
https://www.khmertimeskh.com/501575986/cambodia-doubles-down-on-power-infrastructure-development/

Cambodia and China to continue strengthening iron-clad friendship and diamond cooperation

The Kingdom of Cambodia and the People’s Republic of China have vowed to strengthen their relationship, especially by further strengthening their iron-clad friendship, diamond cooperation, and comprehensive partnership. ...

Khmer Times Staff
https://www.khmertimeskh.com/501576145/cambodia-and-china-to-continue-strengthening-iron-clad-friendship-and-diamond-cooperation/

Cambodia-Vietnam trade crosses $5.8B in 9 months

Cambodia-Vietnam trade volume reached $5.81 billion, up 21.9 percent from $4.77 billion in the same period in 2023, according to a report of the General Department of Customs and Excise of Cambodia (GDCE). ...

Chea Vanyuth
https://www.khmertimeskh.com/501575872/cambodia-vietnam-trade-crosses-5-8b-in-9-months/

Cambodia-Vietnam trade reaches nearly $6 billion

The exchange of goods between Cambodia and Vietnam in the first three quarters of 2024 reached over $5.8 billion, a 20% increase compared to the same period in 2023, with Cambodia’s trade deficit amounting to over $360 million. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vietnam-trade-reaches-nearly-6-billion

US election results likely to impact Cambodia’s economy

The US presidential election on November 5 is watched closely by policymakers, economic commentators and business people across the Southeast Asia region, including Cambodia given the potential impact of the poll results on the region’s trade and foreign direct investment (FDI) prospects, as well as ...

James Whitehead
https://www.khmertimeskh.com/501575225/us-election-results-likely-to-impact-cambodias-economy/

Cambodia-ASEAN mull revising tariff to monitor trade flow

Cambodia along with the Association of Southeast Asian Nations (ASEAN) are considering revising the customs tariff regulations aimed at updating the product code to strengthen the efficiency of monitoring trade activities globally. ...

Nhean Chamrong
https://www.khmertimeskh.com/501575234/cambodia-asean-mull-revising-tariff-to-monitor-trade-flow/

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