News

New initiatives in Cambodia revolutionise payment options for tourists

Cambodia is set to expand its payment options for tourists by implementing blockchain-based central bank digital currency (CBDC) partnerships. This move is part of the country’s strategy to modernize its tourism sector, recognizing the significant role it plays in the Cambodian economy. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405449/new-initiatives-in-cambodia-revolutionise-payment-options-for-tourists/

Experts discuss conservation, development of Cambodia’s UNESCO-listed Preah Vihear

The International Coordinating Committee for the Safeguarding and Development of the Preah Vihear (ICC-Preah Vihear) held its eighth plenary and technical session in northwest Cambodia on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405425/experts-discuss-conservation-development-of-cambodias-unesco-listed-preah-vihear/

Viet Nam, Cambodia aim for $20billion in trade, boost cooperation in defence, transport

Prime Minister Phạm Minh Chính on Monday had talks in Hà Nội with Cambodian counterpart Samdech Hun Manet, who was on a two-day visit to Việt Nam, also his first to an ASEAN country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405428/viet-nam-cambodia-aim-for-20billion-in-trade-boost-cooperation-in-defence-transport/

Cambodia’s total public debt stands at $10.72 billion as of September

The Cambodian government had a total public debt of $10.72 billion as of September 2023, according to the Cambodia Public Debt Statistical Bulletin released by the Ministry of Economy and Finance on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501404146/cambodias-total-public-debt-stands-at-10-72-billion-as-of-september/

Construction approvals down, investment up

Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...

Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up

Gov’t revenue $4.9B, spending $6.3B

The government’s national revenue collection in the first 10 months of 2023 reached nearly $4.9 billion, equating to almost 78% of the target set by the 2023 Law on Financial Management, while total expenditures stood at over $6.3 billion, as reported by the Ministry of ...

https://www.phnompenhpost.com/business/gov-t-revenue-4-9b-spending-6-3b

ADB, MPWT build $6.28 million landfill project in Battambang

The Asia Development Bank (ADB) in collaboration with the Ministry of Public Works and Transport (MPWT) has successfully built a 20-hectare controlled landfill in Battambang province, aiming to serve 126,000 people in the community with the capacity to remove 100 tonnes of trash daily for ...

Nhean Chamrong
https://www.khmertimeskh.com/501404698/adb-mpwt-build-6-28-million-landfill-project-in-battambang/

Ministry plans new generation schools in every province

The Ministry of Education, Youth and Sport announced the creation of more new generation schools across the country to contribute to the development of the national economy. ...

Ton Vibol
https://www.khmertimeskh.com/501404741/ministry-plans-new-generation-schools-in-every-province/

UNICEF urges govt to enhance efforts to end child violence

During a three-day visit to Cambodia, UNICEF’s East Asia and Pacific Regional Director Debora Comini met with ministry officials and development partners to enhance efforts to end violence against children and end unnecessary family separation. ...

Som Sotheary
https://www.khmertimeskh.com/501404777/unicef-urges-govt-to-enhance-efforts-to-end-child-violence/

Health Ministry aims to reduce blindness to 0.35% of populace by 2030

The Ministry of Health announced an updated roadmap for the management of blindness and its prevention. The plan aims to reduce blindness among the populace to 0.35% from the present rate of 1.2% by 2030. ...

Hang Punreay
https://www.khmertimeskh.com/501404753/health-ministry-aims-to-reduce-blindness-to-0-35-of-populace-by-2030/

Domestic and Chinese investors lead $619 million investment boom in Cambodia

The Council for the Development of Cambodia (CDC) has given the green light to 21 new investment projects in November 2023. With a total investment capital of nearly $619 million, these projects can potentially create approximately 22,000 jobs. ...

Khmer Times Staff
https://www.khmertimeskh.com/501404257/domestic-and-chinese-investors-lead-619-million-investment-boom-in-cambodia/

NBC committed to promoting sustainable financing, says Serey

The National Bank of Cambodia (NBC) is committed to promoting sustainable financing, which has been categorised as one of the key priorities within the first phase of the Pentagonal Strategy, its Governor Dr Chea Serey said on Friday. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501404710/nbc-committed-to-promoting-sustainable-financing-says-serey/

Government urges youth to consider vocational training

Senior officials from the Ministry of Labour and Vocational Training are encouraging young Cambodians to study technical skills but choose courses that not only interest them but are also in demand to improve their chances of finding suitable work in the job market. ...

Tith Kongnov
https://www.khmertimeskh.com/501403688/government-urges-youth-to-consider-vocational-training/

Cambodia’s national budget revenue reached about $4.9 billion in the first 10 months of 2023, down 2%

In the first 10 months of 2023, the national revenue collection reached 20,160 billion riels (approximately $4.9 billion), equivalent to 74.95% of the 2023 financial law, and decreased by 2.02% compared to the same period in 2022. This is according to the report from the ...

Khmer Times Staff
https://www.khmertimeskh.com/501403520/cambodias-national-budget-revenue-reached-about-4-9-billion-in-the-first-10-months-of-2023-down-2/

GDT calls for good tax culture in Cambodia

The General Department of Taxation (GDT) has asked garment, footwear, and travel goods (GFT) manufacturers and exporters to comply with the new tax law and also support promoting a good tax culture in Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501403662/gdt-calls-for-good-tax-culture-in-cambodia/

Ministry offers free vocational training for 67,000 nationwide

The Ministry of Labour and Vocational Training announced free vocational training for 67,000 people from across the country in keeping with the demands of the labour market. ...

Torn Vibol
https://www.khmertimeskh.com/501403686/ministry-offers-free-vocational-training-for-67000-nationwide/

Cambodia, Japan discuss cooperation expansion

Cambodian Prime Minister and Ambassador of Japan to Cambodia have discussed the strengthening and expansion of cooperation between the two countries in a number of areas. ...

Khmer Times Staff
https://www.khmertimeskh.com/501403908/cambodia-japan-discuss-cooperation-expansion/

ADB joint project helps reduce poverty along Tonle Sap River

Asia Development Bank (ADB) along with the International Fund for Agricultural Development (IFAD) under the guidance of the Royal Government has successfully implemented the project to support the poorest communities in the provinces along the Tonle Sap River through the Farmer Livelihood Improvement Association (FLIA), ...

Nhean Chamrong
https://www.khmertimeskh.com/501403667/adb-joint-project-helps-reduce-poverty-along-tonle-sap-river/

Decline in fish stocks may affect food supply

Decline in the abundance of fisheries wealth may affect the food supply systems in the country, according to the latest research carried out by a group of faculty members at the Department of Fisheries and Aquaculture within the Royal University of Agriculture. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501403109/decline-in-fish-stocks-may-affect-food-supply/

EU seeks investors for cashew nut processing units in Cambodia

The European Union (EU) is seeking potential European investors in the cashew industry with an aim of shifting the cashew nut processing from neighbouring countries to Cambodia. ...

Ben Sokhean
https://www.khmertimeskh.com/501403200/eu-seeks-investors-for-cashew-nut-processing-units-in-cambodia/

Cambodia, Vietnam and Laos commit to fight transnational crimes

Cambodia, Vietnam and Laos (CVL) have committed to join forces to fight human trafficking, drug offenses, transnational crime, forest crime and cross-border crime, said a senior Defence Ministry official. ...

Tith Kongnov
https://www.khmertimeskh.com/501403247/cambodia-vietnam-and-laos-commit-to-fight-transnational-crimes/

PM outlines five-point strategy to fight corruption

Prime Minister Hun Manet has outlined five new strategies to promote reform of governance and the fight against corruption in public administration. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501403234/pm-outlines-five-point-strategy-to-fight-corruption/

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