News

Agriculture ministry seeks to stabilize rice producers’ prices

The Ministry of Agriculture, Forestry and Fisheries (MAFF) is exploring mechanisms seeking to stabilize local rice producers’ sale prices in the event of temporary declines caused by market fluctuations. ...

James Whitehead
https://www.khmertimeskh.com/501447879/agriculture-ministry-seeks-to-stabilize-rice-producers-prices/

17 mega US firms keen to explore investment opportunities in Cambodia

Representatives from 17 mega firms from the United States have evinced interest in exploring investment opportunities in the Kingdom. ...

Chea Vanyuth
https://www.khmertimeskh.com/501447882/17-mega-us-firms-keen-to-explore-investment-opportunities-in-cambodia/

RRC to beef up investment on northern railroad line project

The Royal Railway of Cambodia (RRC) has unveiled its plan for additional investment to improve the northern railroad line, currently out of service. ...

Chea Vanyuth
https://www.khmertimeskh.com/501447875/rrc-to-beef-up-investment-on-northern-railroad-line-project/

Illegal fishing crackdown showing strong progress

Over the past two years, the Ministry of Agriculture, Forestry and Fisheries detained 31 offenders and confiscated more than 1,400 electrofishing implements in the six provinces bordering Tonle Sap Lake. ...

Chea Sokny
https://www.phnompenhpost.com/national/illegal-fishing-crackdown-showing-strong-progress

CMAC defuse monster 340kg US bomb in Kampong Cham village

The Cambodian Mine Action Centre (CMAC) successfully neutralised a large US air-dropped bomb in Kampong Cham province on February 27. ...

Sok Raksa
https://www.phnompenhpost.com/national/cmac-defuse-monster-340kg-us-bomb-in-kampong-cham-village

CDC improves QIP application process for foreign investors

The Council for the Development of Cambodia (CDC) is seeking to make it easier for foreign firms to register as applicants for Qualified Investment Projects (QIP) in Cambodia through improvements to the online registration system. ...

James Whitehead
https://www.khmertimeskh.com/501446568/cdc-improves-qip-application-process-for-foreign-investors/

Real estate momentum slow at 0.5 percent growth in 2023

Real estate growth has marginally improved year-over-year. But the momentum of growth is still slow with 2023 seeing the real estate sector grow 0.5 percent, compared to 0.2 percent in 2022. ...

Rachel David
https://www.khmertimeskh.com/501446564/real-estate-momentum-slow-at-0-5-percent-growth-in-2023/

Kingdom, New Zealand keen on building up development policies

The Council for the Development of Cambodia (CDC) and the New Zealand Embassy to Cambodia on Monday organised a joint discussion to further promote bilateral development cooperation programmes responding to the needs of the Kingdom and other ASEAN countries. ...

Nhean Chamrong
https://www.khmertimeskh.com/501447222/kingdom-new-zealand-keen-on-building-up-development-policies/

Central banks of Cambodia, Malaysia sign deal on cooperation in cross-border QR payment scheme

The central banks of Cambodia and Malaysia on Tuesday signed a memorandum of understanding (MoU) on cooperation in cross-border QR payment scheme and financial innovation, said a joint press statement. ...

Khmer Times Staff
https://www.khmertimeskh.com/501447499/central-banks-of-cambodia-malaysia-sign-deal-on-cooperation-in-cross-border-qr-payment-scheme/

Srettha orders fast choice of Thai team to join Cambodia fire fights

Prime Minister Srettha Thavisin on Tuesday announced that he had instructed the Natural Resources and Environment Ministry to speed up appointing officials to coordinate with Cambodia on a newly-established joint committee to fight trans-border fires. ...

Khmer Times Staff
https://www.khmertimeskh.com/501447532/srettha-orders-fast-choice-of-thai-team-to-join-cambodia-fire-fights/

Forest Administration team conduct wildlife survey

NatureLife Cambodia and O Rey Community Protected Area (CPA) collaborated with the national and provincial forest administration team and Hong Anh Lumphat economic land concession to study the presentation of wildlife in Hong Anh Lumphat economic land concession on 10 February 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501446894/forest-administration-team-conduct-wildlife-survey/

US Assistant Secretary of State for East Asia and Pacific meets with Prime Minister Hun Manet

US Assistant Secretary of State for East Asia and Pacific Affairs Daniel J. Kritenbrink met with Prime Minister Hun Manet in Phnom Penh to discuss how to deepen the US-Cambodia bilateral relationship and address issues of concern. ...

Khmer Times Staff
https://www.khmertimeskh.com/501446837/us-assistant-secretary-of-state-for-east-asia-and-pacific-meets-with-prime-minister-hun-manet/

US, Cambodia strengthen trade, defence ties, navigate challenges

The US highlighted its commitment to enhancing relations and cooperation with Cambodia, while also supporting the country in strengthening democracy and human rights. ...

Samban Chandara
https://www.phnompenhpost.com/national/us-cambodia-strengthen-trade-defence-ties-navigate-challenges

Ministry work group established to boost legal review process

The Ministry of Justice has established a working group to consult with relevant ministries and state institutions on the drafting of new laws and regulations. Upon request, the group will meet with them to review and collect input on the provisions of new draft legislation. ...

Chea Sokny
https://www.phnompenhpost.com/national/ministry-work-group-established-to-boost-legal-review-process

Ministry proposes security measures for value of rice

The Ministry of Agriculture, Forestry and Fisheries has resolved to submit a proposal for maintaining the value of rice and ensuring food security to the chairman of the Economic and Financial Policy Committee. ...

Van Socheata
https://www.phnompenhpost.com/national/ministry-proposes-security-measures-for-value-of-rice

Gov’t to issue additional bonds to support investment projects

The Ministry of Economy and Finance has confirmed plans to issue government bonds this year, intending to raise over $100 million to bolster the national budget and support various investment projects. ...

May Kunmakara
https://www.phnompenhpost.com/business/gov-t-to-issue-additional-bonds-to-support-investment-projects

Bilateral trade with Thailand nearly $342M

Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m

Kingdom remains tenth-largest rice producing nation

Cambodia currently ranks 10th among the world’s largest rice producers, both for domestic consumption and export, according to the Cambodia Rice Federation (CRF). ...

Van Socheata
https://www.phnompenhpost.com/national/kingdom-remains-tenth-largest-rice-producing-nation

Malaysian PM welcomes Manet, pledges closer ties

Following a one-day visit to Malaysia by Prime Minister Hun Manet, Cambodia and the predominantly Muslim nation have agreed to deepen their bilateral collaboration in various sectors. ...

Samban Chandara
https://www.phnompenhpost.com/national/malaysian-pm-welcomes-manet-pledges-closer-ties

Cambodia-ASEAN Business Summit slated for April

The Cambodian Chamber of Commerce (CCC) in collaboration with ASEAN Business Advisory Council Cambodia supported by the Cambodian Government will host the Cambodia-ASEAN Business Summit in April in Phnom Penh. ...

Chea Vanyuth
https://www.khmertimeskh.com/501445994/cambodia-asean-business-summit-slated-for-april/

Ly Thuch receives Martin Vavra, Ambassador of the Czech Republic to Cambodia

Dr. Ly Thuch, Senior Minister and First Vice President of the Mines Authority, on February 26, 2024, at the Office of the Mine Authority, received Martin Vavra, Ambassador of the Czech Republic to Cambodia, for a courtesy call and an inquiry on mine action in ...

Khmer Times Staff
https://www.khmertimeskh.com/501446375/ly-thuch-receives-martin-vavra-ambassador-of-the-czech-republic-to-cambodia/

MoT, WWF team up to promote green tourism

The Ministry of Tourism (MoT) and the World Wide Fund for Nature (WWF) teamed up to promote ‘green tourism’ in the Kingdom by prioritising the conservation of natural resources while promoting the use of renewable energy aimed at turning the country into a world-class tourism ...

Nhean Chamrong
https://www.khmertimeskh.com/501445996/mot-wwf-team-up-to-promote-green-tourism/

PPAP reports robust growth amid recovery

The Phnom Penh Autonomous Port (PPAP), the Kingdom’s largest stock-listed river port, reported favourable business performance in the year’s first month, in line with the government’s projection of 6.6% economic growth, driven by global and regional economic improvements. ...

May Kunmakara
https://www.phnompenhpost.com/business/ppap-reports-robust-growth-amid-recovery

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