News

Cambodia’s export turnover slightly rises in 11 months

Cambodia exported nearly $20.5 billion worth of goods in the first 11 months of 2023, a slight increase of 1.2% year-on-year, according to a report released recently by the General Department of Customs and Excise. ...

https://www.khmertimeskh.com/501407510/cambodias-export-turnover-slightly-rises-in-11-months/

Cambodia outlines climate change strategies at COP28

Minister of Environment Eang Sophalleth outlined a number of mechanisms and strategies that will support Cambodia’s contribution to the prevention and reduction of climate change impacts, as he addressed a major UN conference. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/cambodia-outlines-climate-change-strategies-at-cop28

Government’s effort in climate change mitigation

The Royal Government of Cambodia is working hard to prevent and mitigate climate change, especially through the promotion of lower carbon emissions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501407491/governments-effort-in-climate-change-mitigation/

King promulgates 2024 budget law

King Norodom Sihamoni has issued a Royal Kram promulgating the 2024 Law on Financial Management after the National Assembly (NA) approved it on November 16 and the Senate reviewed it on November 24. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/king-promulgates-2024-budget-law

NBC promote green finance

The National Bank of Cambodia (NBC) and the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) have entered into a memorandum of understanding (MoU) to promote sustainable finance in Cambodia. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-promote-green-finance

Cashew processing plants set to expand exports

Two internationally-backed cashew processing plants are slated to begin operating in Kampong Thom province, with a potential export manufacturing capacity of more than 20,000 tonnes per year. ...

Van Socheata
https://www.phnompenhpost.com/national/cashew-processing-plants-set-to-expand-exports

Expanding investment networks: Cambodia-UAE forum set for ‘24

The Council for the Development of Cambodia (CDC) and the Cambodia Chamber of Commerce (CCC) have scheduled a private sector forum between Cambodia and the United Arab Emirates for the first quarter of next year. ...

Van Socheata
https://www.phnompenhpost.com/national/expanding-investment-networks-cambodia-uae-forum-set-for-24

Cambodia planning $100M in bond issue

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-planning-100m-in-bond-issue

Ministry of Economy to raise $6.8M through sovereign bond issuance

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-to-issue-bonds-worth-28b-for-progress

Economic and trade ties with Hungary enhanced

Cambodia and Hungary are moving swiftly to finalise the content of the draft for the Cambodian-Hungarian Joint Committee on Economic Cooperation (JCEC), a significant step towards boosting bilateral trade and investment between the two countries. ...

Hin Pisei
https://www.phnompenhpost.com/business/economic-and-trade-ties-with-hungary-enhanced

Education Ministry reforms teacher methodology, use of technology

The Ministry of Education, Youth and Sport (MoEYS) is reforming teacher training institutions by focusing on developing teachers’ skills in content, pedagogical lessons, teaching methods and the use of teaching technology so that teachers can achieve a higher level of professionalism. ...

Hang Punreay
https://www.khmertimeskh.com/501406035/education-ministry-reforms-teacher-methodology-use-of-technology/

Vietnam, Cambodia promote cooperation in industry and trade

Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...

Khmer Times Staff
https://www.khmertimeskh.com/501406114/vietnam-cambodia-promote-cooperation-in-industry-and-trade/

Cambodia, China plan joint AV production

Cambodia and China are planning to produce audio-video (AV) documentaries promoting the history and culture of both countries ahead of the 6th Mekong-Lancang Week scheduled for next year. ...

Hang Punreay
https://www.khmertimeskh.com/501406791/cambodia-china-plan-joint-av-production/

Agriculture seen as key driver of Cambodia’s economic growth

Agriculture sector remains one of the economic drivers of Cambodia’s economic growth despite its share of the country’s gross domestic product (GDP) has shrunk. ...

Chea Vanyuth
https://www.khmertimeskh.com/501405986/agriculture-seen-as-key-driver-of-cambodias-economic-growth/

BOC Phnom Penh Branch authorized as RMB clearing bank

China’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406842/boc-phnom-penh-branch-authorized-as-rmb-clearing-bank/

Cambodia’s garments and agricultural products continue to drive export growth

Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...

Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/

Minister Of Information meets with Director General of Administration of Radio and Television of Yunnan Province, China

Cambodia’s Minister of Information reaffirmed the position of the Ministry to continue promoting cooperation with the Administration of Yunnan Provincial Radio and Television CDTV China in the field of broadcasting and information. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406886/minister-of-information-meets-with-director-general-of-administration-of-radio-and-television-of-yunnan-province-china/

Singaporean companies look to tap into Cambodia’s carbon market

The Cambodian Minister of Environment, Dr. Eang Sophalleth, recently held a bilateral meeting with representatives of Singaporean companies, where he presented the opening of a new chapter in carbon trade in Cambodia, specifically under Article 6 of the Paris Agreement on Climate Change. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406864/singaporean-companies-look-to-tap-into-cambodias-carbon-market/

Cambodia’s successful school meal program showcased at Global Summit in Paris

The Deputy Prime Minister and Minister of Education, Youth, and Sport of Cambodia, along with representatives from the World Food Programme (WFP), participated in the inaugural Global School Meals Coalition summit held in Paris. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405468/cambodias-successful-school-meal-program-showcased-at-global-summit-in-paris/

Data-Driven Policies: Cambodia’s commitment to sustainable agricultural development

Over 400 staff from the Ministry of Agriculture, Forestry and Fisheries (MAFF) and the National Institute of Statistics, Ministry of Planning (NIS-MOP) have been deployed on one of the most comprehensive data collection initiatives to date – the Cambodia Agriculture Survey 2023 (CAS 2023).  ...

Khmer Times Staff
https://www.khmertimeskh.com/501405469/data-driven-policies-cambodias-commitment-to-sustainable-agricultural-development/

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 ...

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

CMAA wins Model Leadership award from Spirit of Soccer

Cambodian Mine Action and Victim Assistance Authority (CMAA) First Vice-President Ly Thuch became the proud recipient of an award from the Spirit of Soccer (SOS), a humanitarian educational organisation. ...

Torn Vibol
https://www.khmertimeskh.com/501406077/cmaa-wins-model-leadership-award-from-spirit-of-soccer/

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