News

Cambodian pepper and natural fisheries to be shipped to China

Cambodia will be able to directly export its pepper and natural fisheries to Chinese market, the Embassy of the People’s Republic of China (PRC) in Cambodia said on November 22. ...

Khmer Times Staff
https://www.khmertimeskh.com/501191266/cambodian-pepper-and-natural-fisheries-to-be-shipped-to-china/

Prince Foundation gives a helping hand to children’s healthcare in Cambodia

Prince Foundation, via a donation by Chen Zhi, Chairman of Prince Holding Group, has contributed $200,000 to Cambodia Kantha Bopha Foundation (CKF). This will aid the ongoing operations of Kantha Bopha Hospitals, which provide free and quality health care to children in the Kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501191288/prince-foundation-gives-a-helping-hand-to-childrens-healthcare-in-cambodia/

Cambodia, Morocco to further strengthen relations and cooperation

Cambodia and Morocco have vowed to further promote training and visit exchange both bilaterally and within the framework of multilateral cooperation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501191259/cambodia-morocco-to-further-strengthen-relations-and-cooperation/

Cambodia-Korea FTA to come into force next month

The Ministry of Commerce and the Embassy of the Republic of Korea in Phnom Penh on Thursday co-organised a workshop on dissemination of the benefits and export procedures to local exporters under the Cambodia-Korea Free Trade Agreement (CKFTA). ...

Khmer Times Staff
https://www.khmertimeskh.com/501191231/cambodia-korea-fta-to-come-into-force-next-month/

NBC organises macroeconomic conference to boost Cambodia’s economic development

The National Bank of Cambodia (NBC), in collaboration with the United Nations Development Programme (Cambodia) organised on Thursday the 9th NBC Annual Macroeconomic Conference, giving floor for discussion for the development of Cambodian economy. ...

Khmer Times Staff
https://www.khmertimeskh.com/501191238/nbc-organises-macroeconomic-conference-to-boost-cambodias-economic-development/

28,000 disabled receive gov’t aid yearly

A senior official at the Ministry of Social Affairs confirmed that each year about 28,000 people with disabilities receive rehabilitation services and government subsidies to facilitate their living.​​​ ...

Tith Kongnov
https://www.khmertimeskh.com/501190315/28000-disabled-receive-govt-aid-yearly/

Ministry of Commerce works to open rice market through FTAs

Efforts to open the rice market and process rice-derived products through free trade agreements (FTAs) has paved a way for the increase of exports over the last 10 months of the year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501190734/ministry-of-commerce-works-to-open-rice-market-through-ftas/

Inflation rises to 7.4 percent

Inflation is expected to soar to 7.4 percent in Q2 2022, from 2.8 percent last year, raising fears that it will seriously impact the livelihoods of the country’s most vulnerable. ...

Seng Mengheng
https://kiripost.com/stories/inflation-rises-to-74-percent

Rice exports to Mid-East a ‘priority’ for trade talks

The Ministry of Commerce has put Cambodian milled-rice exports to the Middle East as a priority for ongoing talks on the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA), according to minister Pan Sorasak. ...

Hin Pisei
https://www.phnompenhpost.com/business/rice-exports-mid-east-priority-trade-talks

Conference throws spotlight on key role of banks

The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...

Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks

Cambodia to see more expressways, thanks to China’s BRI contributions

China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia’s economic growth, the Cambodian government’s senior advisor Sok Siphana said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501190560/cambodia-to-see-more-expressways-thanks-to-chinas-bri-contributions/

ADMM-Plus defense ministers gather in Cambodia to discuss solutions to key security challenges

The ninth ASEAN Defense Ministers’ Meeting Plus (the ninth ADMM-Plus) was held in Siem Reap  Wednesday to discuss ways to strengthen security, stability and prosperity in the region and in the world. ...

Khmer Times Staff
https://www.khmertimeskh.com/501190574/admm-plus-defense-ministers-gather-in-cambodia-to-discuss-solutions-to-key-security-challenges/

US lauds Cambodia’s Chairmanship of ASEAN

The US has spoken highly of Cambodia’s leadership as ASEAN Chair during this challenging year, according to Eang Sophalleth, Personal Assistant to the Cambodian Premier. ...

Khmer Times Staff
https://www.khmertimeskh.com/501190596/us-lauds-cambodias-chairmanship-of-asean/

Chinese modernization delivers economic growth for the world, says Cambodian Think Tank director

“China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world,” said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International ...

Khmer Times Staff
https://www.khmertimeskh.com/501190553/chinese-modernization-delivers-economic-growth-for-the-world-says-cambodian-think-tank-director/

Cambodia’s textile body GMAC is now officially renamed TAFTAC

Cambodia’s industry trade body Garment Manufacturers Association in Cambodia (GMAC) will now be known as the Textile, Apparel, Footwear, and Travel Goods Association in Cambodia (TAFTAC) after it was officially renamed in a recently held ceremony attended by Cambodia’s army commander Lieutenant General Hun Manet. ...

Khmer Times Staff
https://www.khmertimeskh.com/501190624/cambodias-textile-body-gmac-is-now-officially-renamed-taftac/

Over 19,300 businesses registered with MEF portal

More than 19,300 businesses with $5.51 billion in investment capital have been registered with the government’s single platform – Online Business Registration System – till November. ...

Chea Vanyuth
https://www.khmertimeskh.com/501189424/over-19300-businesses-registered-with-mef-portal/

Cambodia urged to develop green finance ecosystem

Cambodia needs to cultivate a conducive ecosystem for the development of its green finance market and make it sustainable and attractive for potential investors, experts said at a forum yesterday while calling upon both the government and the private sector to take the initiatives in ...

Manoj Mathew
https://www.khmertimeskh.com/501189599/cambodia-urged-to-develop-green-finance-ecosystem/

Eco-tourism key to post-Covid recovery

Minister of Tourism Thong Khon on November 21 outlined seven key recommendations for more efficient and effective post-Covid-19 development of the eco- and community-based tourism segments, with emphasis on turning challenges into opportunities. ...

Hin Pisei
https://www.phnompenhpost.com/business/eco-tourism-key-post-covid-recovery

SME Bank loans top $410M, help over 3K businesses

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed some $418 million in loans to at least 3,185 small- and medium-sized enterprises (SME) since its foundation, as of October 31, to keep them from going under during the height of ...

May Kunmakara
https://www.phnompenhpost.com/business/sme-bank-loans-top-410m-help-over-3k-businesses

Small businesses urged to register with NSSF

The National Social Security Fund (NSSF) has instructed its officials to focus on outreach to small enterprises and encourage them to register with the NSSF, noting that some of the businesses obligated to pay into the fund in its first month have been slow to ...

Long Kimmarita
https://www.phnompenhpost.com/national/small-businesses-urged-register-nssf

Rare bird’s nest count doubles in sanctuary

A Sambo Wildlife Sanctuary biodiversity monitoring and research team were on November 22 excited to report the presence of 48 lesser adjutant nests, with 68 adult birds and their chicks confirmed living in the Mekong flooded forest habitat. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/rare-birds-nest-count-doubles-sanctuary

GDP growth to shrink to 4.9% as poverty rate inches up

Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...

Kiripost staff writers
https://kiripost.com/stories/gdp-growth-to-shrink-to-49-as-poverty-rate-inches-up

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