Government

Minimum wage increase, a strategic response to economic climate in Kingdom

The recent announcement by Prime Minister Hun Manet regarding the minimum wage increase to $208 per month for 2025 reflects a strategic response to the economic climate in Cambodia and globally, said a release by the Ministry of Labour and Vocational Training (MLVT) on Wednesday. ...

Mom Kunthear
https://www.khmertimeskh.com/501572155/minimum-wage-increase-a-strategic-response-to-economic-climate-in-kingdom/

Cambodia's international trade continues positive growth

Cambodia’s bilateral trade with partner countries in the first nine months of 2024 reached nearly $41 billion, marking a year-on-year increase of over 16%, with a trade deficit of over $1 billion. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-s-international-trade-continues-positive-growth

Over $5 billion investment projects registered in Q3

Cambodia has secured 315 fixed-asset investment projects worth $5.28 billion during the first nine months of this year, a report from the Council for the Development of Cambodia (CDC) showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570842/over-5-billion-investment-projects-registered-in-q3/

Ministry: Regional nurseries underway; will support reforestation efforts

The Ministry of Environment is currently establishing a regional tree nursery at the Keo Seima Wildlife Sanctuary Office in Mondulkiri Province. Once completed, it will produce more than half a million saplings, which will be distributed to citizens for planting, with the goal of restoring ...

Phak Seangly
https://www.phnompenhpost.com/national/ministry-regional-nurseries-underway-will-support-reforestation-efforts

NEC readies first council election for new Kampong Som city

Election for a new city in Preah Sihanouk province has been officially scheduled for January next year. The National Election Committee (NEC) has picked January 26, 2025 for electing the Kampong Som City Council for the first time ever. ...

Torn Vibol
https://www.khmertimeskh.com/501571568/nec-readies-first-council-election-for-new-kampong-som-city/

King appoints new member to Privy Council

The royal decree signed on Tuesday ordered the appointment of Pol Saroeun, Government Adviser and former Commander-in-Chief of the Royal Cambodian Armed Forces; Khieu Kanharith, Member of Parliament for Kampong Cham province and former Minister of Information; and Cham Prasidh, Member of Parliament for Kep ...

Hang Punreay
https://www.khmertimeskh.com/501571572/king-appoints-new-member-to-privy-council/

Bicycle export earns $278M in first eight months

Cambodia exported $278 million worth of bicycles including electric bicycles in the first eight months of this year, a 30 percent decrease year-on-year compared to the same period last year, a report by the General Department of Customs and Excise showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570205/bicycle-export-earns-278m-in-first-eight-months/

Govt to address economic challenges, Pornmoniroth says

Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF), yesterday asked the private sector to engage in discussions on major issues such as addressing current economic challenges, revising export tax on copper tax and reassessing overdue interest rates. ...

Nhean Chamrong
https://www.khmertimeskh.com/501570207/govt-to-address-economic-challenges-pornmoniroth-says/

Govt to address economic challenges, Pornmoniroth says

Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF), yesterday asked the private sector to engage in discussions on major issues such as addressing current economic challenges, revising export tax on copper tax and reassessing overdue interest rates.​ ...

Nhean Chamrong
https://www.khmertimeskh.com/501570207/govt-to-address-economic-challenges-pornmoniroth-says/

MoC outlines tasks to secure trade preferences for post-LDC transition

The Ministry of Commerce (MoC) is negotiating with trading partners to secure favourable trade preferences during the country’s transition period from the Least Developed Country (LDC) status, which is set to end in 2029. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570203/moc-outlines-tasks-to-secure-trade-preferences-for-post-ldc-transition/

Cambodia attracted $396 mil fixed-asset investment in July

Cambodia attracted $396 million in fixed-asset investment in July this year, the Council for the Development of Cambodia (CDC) said in a news release on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501570504/cambodia-attracted-396-mil-fixed-asset-investment-in-july/

Cambodia officially chosen to host Francophonie Summit in 2026

Cambodia has been officially chosen to host the 20th Francophonie Summit in 2026, a prestigious international event that brings together French-speaking countries from around the world. ...

Torn Vibol
https://www.khmertimeskh.com/501569815/cambodia-officially-chosen-to-host-francophonie-summit-in-2026/

Cambodia, US to strengthen bilateral relations, cooperation through trade and investment activities

Cambodia and the United States have expressed their commitment to reinforce bilateral relations and cooperation through trade and investment activities, according to the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501569003/cambodia-us-to-strengthen-bilateral-relations-cooperation-through-trade-and-investment-activities/

Cambodia approves $5.79B investment in 23 energy projects to enhance power security and clean energy by 2030

The Cambodian Council of Ministers have approved 23 new investment projects in the power sector for the period 2024-2029, aimed at addressing the country’s ongoing power shortages. The approval was granted during a weekly cabinet meeting chaired by Prime Minister Hun Manet on Friday, September ...

Khmer Times Staff
https://www.khmertimeskh.com/501567265/cambodia-approves-5-79b-investment-in-23-energy-projects-to-enhance-power-security-and-clean-energy-by-2030/

ADB launches panel discussions on new five-year country strategy for Cambodia

The Asian Development Bank (ADB), in partnership with the Ministry of Economy and Finance and the Cambodia Development Resource Institute (CDRI), yesterday launched the first of a series of panel discussions aimed at operationalising its new five-year country strategy for Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501566530/adb-launches-panel-discussions-on-new-five-year-country-strategy-for-cambodia/

Project launched to speed expansion of water and sanitation systems

The Water Supply and Sanitation Acceleration (WASAC) Project was officially launched in Phnom Penh on Sept. 26 under the direction of the Ministry of Industry, Science, Technology & Innovation (MISTI) and Ministry of Public Works and Transport (MPWT). ...

Khmer Times Staff
https://www.khmertimeskh.com/501566789/project-launched-to-speed-expansion-of-water-and-sanitation-systems/

MISTI collects private sector inputs to strengthen MSME in industry 4.0

The Ministry of Industry, Science, Technology and Innovation (MISTI) organised a consultation workshop on “Business Skills Requirements in the Age of Industry 4.0,” on Wednesday. .. ...

Khmer Times Staff
https://www.khmertimeskh.com/501566127/misti-collects-private-sector-inputs-to-strengthen-msme-in-industry-4-0/

Promote Cambodian agri-products, Vissoth tells traders and investors

Vongsey Vissoth, Permanent Deputy Prime Minister in charge of the Office of the Council of Ministers and Chairman of National Archives of Cambodia urged traders and investors to promote the export of more Cambodian agricultural products to improve the livelihoods of farmers. ...

Mom Kunthear
https://www.khmertimeskh.com/501565935/promote-cambodian-agri-products-vissoth-tells-traders-and-investors/

Cambodia sends 22 vehicles for peacekeeping mission in CAR

Cambodia has dispatched 22 units of multipurpose transport and heavy equipment, including mine-protected vehicles (MPVs), to the Central African Republic (CAR) for the UN Multidimensional Integrated Stabilization Mission in the CAR (MINUSCA), following a request from the UN. ...

Niem Chheng
https://www.phnompenhpost.com/national/cambodia-sends-22-vehicles-for-peacekeeping-mission-in-car

ADB projects drop in inflation to 0.5 percent in Cambodia

Asian Development Bank (ADB), a key development partner for Cambodia, has maintained its growth forecast for Cambodia at 5.8 percent for this year and 6.0 percent for 2025 but revised its earlier inflation projection for this year from 2.0 percent to 0.5 percent. ...

Nhean Chamrong
https://www.khmertimeskh.com/501565953/adb-projects-drop-in-inflation-to-0-5-percent-in-cambodia/

Exports to EU up 16 percent

Cambodia’s export to the European Union (EU) continues to surge with export value to the bloc recording $2.9 billion in the first eight months of 2024. ...

Chea Vanyuth
https://www.khmertimeskh.com/501565929/exports-to-eu-up-16-percent/

From confrontation to concession: Cambodia’s withdrawal signals complex relationship with the CLV-DTA

 Cambodia withdrew from the two-decade-old Cambodia-Laos-Vietnam Development Triangle (CLV-DTA), a regional cooperation initiative that had faced protests and online criticism just months earlier. The decision comes after the government arrested nearly 100 would-be protestors, including minors. ...

Seoung Nimol
https://cambojanews.com/from-confrontation-to-concession-cambodias-withdrawal-signals-complex-relationship-with-the-clv-dta/

Japan’s financing to expand power transmission lines in Phnom Penh

The Japan International Cooperation Agency (JICA), has provided Cambodia with a concessional loan of more than $54 million to further expand power transmission lines in Phnom Penh. ...

Khmer Times Staff
https://www.khmertimeskh.com/501564739/japans-financing-to-expand-power-transmission-lines-in-phnom-penh/

Cambodia’s exports to Japan surge 20% in 8 months

Cambodia’s exports to Japan surged 20 percent in the first eight months of this year compared to the same period last year and reached $924 million, the latest trade data of the General Department of Customs and Excise (GDCE) showed. ...

Manoj Mathew
https://www.khmertimeskh.com/501565363/cambodias-exports-to-japan-surge-20-in-8-months/

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