News

Cashew nut exports surge to 850,000 tonnes in 2024

Despite strong export growth and a $1.15 billion revenue increase, Vietnam remains the largest market for exporting raw cashew nuts; this is due to challenges in domestic processing and infrastructure, particularly drying fields, that can hinder Cambodia’s potential to become a global leader in the ...

Thang Sinorn
https://kiripost.com/stories/cashew-nut-exports-surge-to-850000-tonnes-in-2024?fbclid=IwZXh0bgNhZW0CMTEAAR1x58xaPcp_cHqaDoQnslstaeZp4sG3iJcMnrKnAX087z_BSvvBvU_F9z8_aem_C85xlJrvIKpTaYCWeMjXgw

NSSF covers extra 500,000 Cambodians in 2024

In a significant development, the National Social Security Fund (NSSF) coverage in 2024 increased to include an extra half a million citizens, bringing the total number of beneficiaries to 7.57 million people. ...

Torn Vibol
https://www.khmertimeskh.com/501617204/nssf-covers-extra-500000-cambodians-in-2024/

Cambodia to launch new REC scheme to boost sustainability

A new renewable energy certificate (REC) system will soon be introduced to encourage the growth of renewable energy and support manufacturing factories through boosting competitiveness and enhancing market access of Cambodia’s manufacturing sector in the global market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501616527/cambodia-to-launch-new-rec-scheme-to-boost-sustainability/

Minister: Govt’s top priorities are maintaining stable agricultural prices, deploying commune agricultural officers, and building modern agricultural communities

Dith Tina, Minister of Agriculture, Forestry, and Fisheries, highlighted the government’s priority policies, including maintaining stable agricultural prices, deploying commune agricultural officers, and building modern agricultural communities, which must be paid attention to and implemented effectively and efficiently. ...

Mom Kunthea
https://www.khmertimeskh.com/501616911/minister-govts-top-priorities-are-maintaining-stable-agricultural-prices-deploying-commune-agricultural-officers-and-building-modern-agricultural-communities/

Tonle Sap Lake contributes $2 billion annually to economy

Tonle Sap Lake, the largest natural lake in Southeast Asia and regarded as the cornerstone of Khmer civilization, has provided immense economic benefits, contributing approximately $2 billion annually through fisheries, transportation, and tourism, according to a top government official. ...

Sum Manet
https://www.khmertimeskh.com/501617685/tonle-sap-lake-contributes-2-billion-annually-to-economy/

Govt securing water resources through land security

Officials from the Ministry of Water Resources and Meteorology (MOWRAM) and Ministry of Land Management, Urban Planning and Construction (MLMUPC) are in a rush to register land titles for key government-owned water resources around the country to prevent land grabs and disputes. ...

Terry Friel
https://www.khmertimeskh.com/501617689/govt-securing-water-resources-through-land-security/

Cambodia sees record high air passengers in 2024

Cambodia’s three international airports handled a combined 5.65 million air passengers in 2024, up 39.8 percent from 4.04 million a year before, a report from the State Secretariat of Civil Aviation (SSCA) showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501617691/cambodia-sees-record-high-air-passengers-in-2024/

Cambodia draws over 3.5M tourists on New Year’s Eve

The Ministry of Tourism (MoT) yesterday reported that Cambodia welcomed 3.54 million tourists during the last two days of 2024. This figure included nearly 50,000 foreigners while citizens accounted for 3.49 million. ...

Nhean Chamrong
https://www.khmertimeskh.com/501617698/cambodia-draws-over-3-5m-tourists-on-new-years-eve/

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

As Cambodia ushers in 2025, its economic outlook reflects a mix of steady progress and high aspirations. As outlined in its medium-term public finance framework, the government forecasts an economic growth rate of approximately 6.3% for 2025. ...

Khmer Times Staff
https://www.khmertimeskh.com/501618029/cambodias-economy-is-projected-to-grow-by-6-3-in-2025/

Prey Veng earns $836 million from rice exports to Vietnam

As of mid-December, Prey Veng rice exports to Vietnam reached 2.94 million tonnes worth over $836.67 million, reported the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Monday. ...

Nhean Chamrong
https://www.khmertimeskh.com/501614758/prey-veng-earns-836-million-from-rice-exports-to-vietnam/

Japan to provide $7.2M to Kingdom for high-tech urban planning

Cambodia and Japan signed a deal yesterday for more than $7 million in grant aid to help the Kingdom with its high-priority urban planning and land management strategy. ...

Terry Friel
https://www.khmertimeskh.com/501614763/japan-to-provide-7-2m-to-kingdom-for-high-tech-urban-planning/

Cambodia, Vietnam agree to tap e-commerce, digital economy

The Council for the Development of Cambodia (CDC) Wednesday encouraged Vietnamese investors to invest and collaborate with Cambodian companies, particularly in high-potential sectors that can integrate with production supply chains in Vietnam. ...

Mom Kunthea
https://www.khmertimeskh.com/501614765/cambodia-vietnam-agree-to-tap-e-commerce-digital-economy/

Govt’s new policies, incentives to develop border areas

Prime Minister Hun Manet Wednesday said that the Royal Government has set a goal to transform and develop border areas nationwide, starting with the northeastern border. ...

Nhean Chamrong
https://www.khmertimeskh.com/501614767/govts-new-policies-incentives-to-develop-border-areas/

Cambodia’s banking financial institutions record 2.2 pct credit growth in first 10 months of 2024

According to a news release from the National Bank of Cambodia (NBC) on Wednesday, Cambodia’s banking and financial institutions reported slow growth in lending during the first 10 months of 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501614999/cambodias-banking-financial-institutions-record-2-2-pct-credit-growth-in-first-10-months-of-2024/

Cambodia’s GDP to touch over $51 billion in 2025

Cambodia’s economy is projected to continue its momentum with an expected growth rate of approximately 6.3 percent, according to the Royal Government’s assessment of the medium-term public financial framework for 2025. ...

Sum Manet
https://www.khmertimeskh.com/501614775/cambodias-gdp-to-touch-over-51-billion-in-2025/

NBC urged to speed up opening branch in Mondulkiri

Deputy Governor of Mondulkiri Provincial Administration Lon Sopheap Monday urged the National Bank of Cambodia (NBC) to accelerate the opening of its branch, which would help promote the use of riel currency and facilitate the Bakong and KHQR systems. ...

Nhean Chamrong
https://www.khmertimeskh.com/501614098/nbc-urged-to-speed-up-opening-branch-in-mondulkiri/

MoC registers 9,412 trademarks in 11 months

The Ministry of Commerce has registered 9,412 trademarks as intellectual property in the first 11 months of this year, a year-on-year increase of 9.2 percent, according to a ministry’s annual report. ...

Chea Vanyuth
https://www.khmertimeskh.com/501614106/moc-registers-9412-trademarks-in-11-months/

Cambodia’s exports to RCEP countries up 14 percent

The Kingdom exported $8,255 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) countries in the first 11 months of this year, up 14.35 percent from $7,219 million in the same period last year, said a report released by the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/501614108/cambodias-exports-to-rcep-countries-up-14-percent/

Cambodia, Vietnam commit to strengthening bilateral ties, trust

Cambodia and Vietnam have reaffirmed their commitment to bolstering bilateral relations, enhancing cooperation, and fostering mutual trust as good neighbours. ...

Hang Punreay
https://www.khmertimeskh.com/501613527/cambodia-vietnam-commit-to-strengthening-bilateral-ties-trust/

MoWA, MoH step up support for GBV victims

Survivors of gender-based violence (GBV) now have proper access to services and safe space for seeking support in Cambodia through One Stop Service Units (OSSUs). ...

Phuong Sothiny
https://www.khmertimeskh.com/501613497/mowa-moh-step-up-support-for-gbv-victims/

MoT launches skills development program in Kampong Chhnang

The Ministry of Tourism (MoT) Monday officially launched the Skills Development Program (SDP) Phase 3 (2024–2028) in Kampong Chhnang province to enhance tourism service quality by strengthening the professional skills of tourism operator staff. ...

Mom Kunthea
https://www.khmertimeskh.com/501613474/mot-launches-skills-development-program-in-kampong-chhnang/

Preah Vihear earns $170M from three potential crops

Rice, cassava, and cashew nuts in Preah Vihear province generated over $170 million revenue in 2024, said the provincial director of the Department of Agriculture on Saturday. ...

Mom Kunthea
https://www.khmertimeskh.com/501613480/preah-vihear-earns-170m-from-three-potential-crops/

Exports through SEZs reach $5.4 billion in 11 months

Cambodia’s exports through Special Economic Zones (SEZs) reached $5.4 billion in the first 11 months of this year, a report from the Ministry of Commerce showed yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501613484/exports-through-sezs-reach-5-4-billion-in-11-months/

KOICA committed to support agriculture extension services in Cambodia

On December 23, 2024, Choi Moonjung, the Country Director of the KOICA Cambodia office, held a meeting with Dith Tina, the Minister of the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

Khmer Times Staff
https://www.khmertimeskh.com/501613740/koica-committed-to-support-agriculture-extension-services-in-cambodia/

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