News

MRC members see 61 projects along the Mekong River and its tributaries

Cambodia and Thailand have the fewest infrastructure projects on the Mekong or its tributaries among the four member countries of the Mekong River Commission (MRC). According to the commission, there are a total of 61 projects on the tributaries and the main body of one ...

Niem Chheng
https://www.phnompenhpost.com/national/mrc-members-see-61-projects-along-the-mekong-river-and-its-tributaries

Oxfam urges overhaul of garment subcontractor standards to ensure decent employment for women workers

Oxfam has released a research report urging an overhaul of standards for garment subcontractors, to ensure decent employment and social safeguards for women workers. The organisation’s research finds that women in these subcontracted companies have not yet received appropriate protections. ...

Niem Chheng
https://www.phnompenhpost.com/national/oxfam-urges-overhaul-of-garment-subcontractor-standards-to-ensure-decent-employment-for-women-workers

Koh Kong Zhejiang SEZ aims to attract 100 additional companies by year-end

Koh Kong Zhejiang Special Economic Zone (SEZ), located in Koh Kong province’s Sre Ambel district, currently hosts 28 companies and has pledged to attract 100 more by the end of 2024, according to a June 21 press release from the Council for the Development of ...

Ry Sochan
https://www.phnompenhpost.com/business/koh-kong-zhejiang-sez-aims-to-attract-100-additional-companies-by-year-end

Oxfam cites lack of protection for subcontracted garment workers

Subcontracted workers in Cambodia’s garment industry continue to face significant challenges in accessing social protection through the National Social Security Fund (NSSF), despite the crucial role these subcontractors play in the industry. ...

Som Sotheary
https://www.khmertimeskh.com/501510879/oxfam-cites-lack-of-protection-for-subcontracted-garment-workers/

MISTI, MoINFO Sign MoU to Enhance Information Dissemination

The Ministry of Industry, Science, Technology & Innovation (MISTI) and the Ministry of Information (MoINFO) on Friday signed a Memorandum of Understanding (MoU) to enhance industrial and scientific news coverage for the Cambodian public. ...

Ben Sokhean
https://www.khmertimeskh.com/501510885/misti-moinfo-sign-mou-to-enhance-information-dissemination/

Tax incentives introduced to encourage informal economy

Under newly implemented regulations, the Royal Government of Cambodia (RGC) has offered various tax incentives for micro, small and medium-sized enterprises (MSMEs) currently operating in the informal economy to properly register their businesses with the Ministry of Commerce (MoC) and the General Department of Taxation ...

James Whitehead
https://www.khmertimeskh.com/501509765/tax-incentives-introduced-to-encourage-informal-economy/

Import of petrol, diesel up 23 percent to $1 billion

Cambodia’s imports of petroleum and diesel were up 23 percent to $1.06 billion in the first five months this year, according to a report from the General Department of Customs and Excise (GDCE). ...

Chea Vanyuth
https://www.khmertimeskh.com/501509730/import-of-petrol-diesel-up-23-percent-to-1-billion/

CCC asks Singaporean investors to invest in Cambodia

President of Cambodia Chamber of Commerce, Kith Meng, called on Singaporean investors to invest in some other untapped potential areas to further build a strong economic tie between the two ASEAN nations. ...

Mom Kunthea
https://www.khmertimeskh.com/501509735/ccc-asks-singaporean-investors-to-invest-in-cambodia/

WHO to continue strengthening cooperation with Cambodia

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, received here at the Peace Palace yesterday visiting Dr. Saia Ma’uPiukala, Regional Director for the Western Pacific at the World Health Organisation (WHO). ...

Khmer Times Staff
https://www.khmertimeskh.com/501509993/who-to-continue-strengthening-cooperation-with-cambodia/

Cambodian, Singaporean PMs highlight ASEAN unity, centrality

A Cambodian foreign ministry statement on Wednesday said that Cambodia and Singapore have emphasized the importance of maintaining the unity and centrality of the Association of Southeast Asian Nations (ASEAN). ...

Khmer Times Staff
https://www.khmertimeskh.com/501509992/cambodian-singaporean-pms-highlight-asean-unity-centrality/

Cambodia, Singapore ink MoU on digital government cooperation

The Ministry of Post and Telecommunication of Cambodia (MPTC) and the Ministry of Communications and Information of Singapore (MCI) signed a memorandum of understanding (MoU) aimed at reforming the digital government network as well as promoting human capital development. ...

Nhean Chamrong
https://www.khmertimeskh.com/501509732/cambodia-singapore-ink-mou-on-digital-government-cooperation/

FDI inflows hit $48.4 billion in Cambodia in six years

Foreign direct investment (FDI) in Cambodia reached 197.8 trillion riels, ($48.4 billion) between 2018-2023, said the National Bank of Cambodia (NBC) on Tuesday. ...

Rachel David
https://www.khmertimeskh.com/501509131/fdi-inflows-hit-48-4-billion-in-cambodia-in-six-years/

Cambodia-Singapore Financial Transparency Corridor Initiative launched

The Financial Transparency Corridor (FTC) Initiative between Cambodia and Singapore was launched in Singapore this evening to catalyse increased trade and cross-border related financial services between small and medium-sized enterprises (SMEs) in the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501508569/cambodia-singapore-financial-transparency-corridor-initiative-launched/

Kingdom records 23 percent rise in foreign tourist arrivals in Jan-April

Cambodia received 2.11 million foreign tourists in the first four months this year, up 23 percent compared to the same period last year, a Ministry of Tourism report showed on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501507656/kingdom-records-23-percent-rise-in-foreign-tourist-arrivals-in-jan-april/

Cambodia clocks April revenue of $508 million

In April, the Royal Government of Cambodia collected 2,090 billion riels ($508 million) in revenue, which is equivalent to 7.15 percent of the 2024 annual budget expectation, as per data published by the Ministry of Economy and Finance. ...

Rachel David
https://www.khmertimeskh.com/501507050/cambodia-clocks-april-revenue-of-508-million/

Electricity outages a hurdle for businesses in Cambodia

Cambodian businesses face more basic infrastructure problems like electricity outages than their ASEAN peers, according to a recent World Bank report. ...

Rachel David
https://www.khmertimeskh.com/501508284/electricity-outages-a-hurdle-for-businesses-in-cambodia/

Call to boost Cambodia, Malaysia economic ties

Senate President Hun Sen recently called for steps to further strengthen economic ties between Cambodia and Malaysia even as he expressed satisfaction with the growth of investment from Malaysia and the bilateral trade volume, especially Malaysia’s purchase of rice from Cambodia. ...

Mom Kunthea
https://www.khmertimeskh.com/501508286/call-to-boost-cambodia-malaysia-economic-ties/

Cambodia, Singapore vow to boost bilateral investment cooperation

Cambodia and Singapore are committed to fostering their cooperation in promoting bilateral investment by starting from priority areas for mutual socio-economic benefits. ...

Khmer Times Staff
https://www.khmertimeskh.com/501508571/cambodia-singapore-vow-to-boost-bilateral-investment-cooperation/

Cambodia, Singapore agree to promote stronger and more prosperous cooperation

The Prime Ministers of Cambodia and Singapore agreed to promote stronger and more prosperous cooperation. The agreement was reached during a bilateral meeting between Cambodian Prime Minister Hun Manet and Singaporean Prime Minister Lawrence Wong on June 18, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501508575/cambodia-singapore-agree-to-promote-stronger-and-more-prosperous-cooperation/

Minister of Education supports TVET modernization

The Ministry of Education, Youth, and Sports supports the initiatives by the Ministry of Labour and Vocational Training to modernise the Technical and Vocational Education Training (TVET). ...

Khmer Times Staff
https://www.khmertimeskh.com/501508574/minister-of-education-supports-tvet-modernization/

Cambodia records trade surplus with Vietnam

Cambodia has recorded a trade surplus with Vietnam in the first five months of 2024, making Vietnam the second biggest market for Cambodia’s products after the US. ...

Chea Vanyuth
https://www.khmertimeskh.com/501505080/cambodia-records-trade-surplus-with-vietnam/

Cambodia, Cuba vow to strengthen ties, broaden cooperation

The Cambodian Foreign Ministry said on Thursday that Cambodia and Cuba have vowed to strengthen ties and broaden cooperation through concrete actions under existing bilateral agreements. ...

Khmer Times Staff
https://www.khmertimeskh.com/501506036/cambodia-cuba-vow-to-strengthen-ties-broaden-cooperation/

Loan-to-deposit ratio normalising in 2024, say bankers

A number that might be of concern in Cambodia’s banking system is its loans versus deposits. For 2023, Cambodia’s banks total loans outstanding was $57.6 billion and total deposits $47.9 billion.  ...

Rachel David
https://www.khmertimeskh.com/501505072/loan-to-deposit-ratio-normalising-in-2024-say-bankers/

Japan pledges to continue assistance to Cambodia

Heng Sour, Minister of Labour and Vocational Training of Cambodia met Miyazaki Masahisa, Minister of Labour and Welfare of the Kingdom of Japan in Geneva, Switzerland on Monday to discuss means to further strengthen the bilateral in the field of labour. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501505070/japan-pledges-to-continue-assistance-to-cambodia/

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