Government

25 more projects receive incentives in Sihanoukville

The Royal Government of Cambodia (RGC) has approved special incentives for 25 projects in Preah Sihanouk province, including 12 projects for completing unfinished buildings, 12 new projects and one expansion project, with a total investment budget of $917 million. ...

Nhean Chamrong
https://www.khmertimeskh.com/501582226/25-more-projects-receive-incentives-in-sihanoukville/

Cambodia’s economy is projected to grow by 6.3 percent in 2025

The Cambodian government has approved a draft budget of more than $9.3 billion for 2025, with economic growth projected at 6.3 percent. ...

Khmer Times Staff
https://www.khmertimeskh.com/501581840/cambodias-economy-is-projected-to-grow-by-6-3-percent-in-2025/

Cambodia to showcase green initiatives at COP16

As the world converges in Colombia for the 16th Conference of the Parties (COP16) to the Convention on Biological Diversity (CBD), Cambodia stands ready to showcase its ambitious environmental initiatives. ...

Ben Sokhean
https://www.khmertimeskh.com/501580968/cambodia-to-showcase-green-initiatives-at-cop16/

Cambodia expects solutions for Global Tensions at 12th ICAPP General Assembly

Cambodia has been entrusted to host the 12th International Conference of Asian Political Parties (ICAPP) General Assembly for the second time, and it sees this as an opportunity to facilitate solutions for political regional and global issues. ...

Khmer Times Staff
https://www.khmertimeskh.com/501581180/cambodia-expects-solutions-for-global-tensions-at-12th-icapp-general-assembly/

RAISING TARGET: Cambodia to cut greenhouse gas emissions to around 42% by 2030

Cambodia has adopted its Updated Nationally Determined Contribution (NDC), setting a national goal to reduce total greenhouse gas emissions by approximately 42% across key sectors by 2030. ...

Ben Sokhean
https://www.khmertimeskh.com/501581162/raising-target-cambodia-to-cut-greenhouse-gas-emissons-to-around-42-by-2030/

Govt cuts 2025 budget expenditure to $9.3 billion

The Royal Government of Cambodia Friday approved a budget bill of approximately 37.950 billion riels ($9.32 billion) for expenditure in 2025, down from 38.829 billion riels ($9.54 billion) in 2024. ...

Chea Vanyuth
https://www.khmertimeskh.com/501581155/govt-cuts-2025-budget-expenditure-to-9-3-billion/

USAID grants $29M to boost Cambodia’s growth, aims for trade over aid

Cambodia’s path to economic transformation has taken a significant step forward with USAID administrator Samantha Power’s announcement of $50 million in new US government aid. ...

Hong Raksmey
https://www.phnompenhpost.com/business/usaid-grants-29m-to-boost-cambodia-s-growth-aims-for-trade-over-aid

Growing partnership: EU committed to supporting Cambodia’s development

The European Union (EU) is committed to supporting Cambodia’s economic development and aims to elevate their growing trade relationship, EU Ambassador to Cambodia Igor Driesmans stated during an interview with Khmer Times. ...

Taing Rinith
https://www.khmertimeskh.com/501579216/growing-partnership-eu-committed-to-supporting-cambodias-development/

Single Portal registers biz worth over $13 billion

The Online Business Registration System (OBR), better known as the Single Portal, under the Ministry of Economy and Finance (MEF) registered businesses with $13.76 billion in investment capital as of September 2024, official figures showed on Wednesday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501579020/single-portal-registers-biz-worth-over-13-billion/

Additional thursday classes to improve student learning

The Ministry of Education, Youth and Sport has instructed primary schools to implement additional Thursday classes to further improve student learning, particularly to support those who are falling behind. ...

Nang Veasna
https://www.khmertimeskh.com/501578309/additional-thursday-classes-to-improve-student-learning/

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/

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