News

Exports soar to nearly $20 billion in Q3

Cambodia exported goods worth approximately $19.8 billion during the first three quarters of 2024, up 17 percent from $16.9 billion recorded in the same period last year, a report from the General Department of Customs and Excise of Cambodia showed on Thursday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501572159/exports-soar-to-nearly-20-billion-in-q3/

Cambodia, Thailand hold talks to set up SEZs

Cambodia and Thailand Wednesday held talks on establishing special economic zones, enhancing people-to-people connections, promoting tourism, besides strengthening bilateral cooperation between the two countries. ...

Mom Kunthear
https://www.khmertimeskh.com/501572163/cambodia-thailand-hold-talks-to-set-up-sezs/

Minimum wage increase, a strategic response to economic climate in Kingdom

The recent announcement by Prime Minister Hun Manet regarding the minimum wage increase to $208 per month for 2025 reflects a strategic response to the economic climate in Cambodia and globally, said a release by the Ministry of Labour and Vocational Training (MLVT) on Wednesday. ...

Mom Kunthear
https://www.khmertimeskh.com/501572155/minimum-wage-increase-a-strategic-response-to-economic-climate-in-kingdom/

NBC, MoC call for wider use of Riel

The National Bank of Cambodia (NBC) and the Ministry of Commerce (MoC) Wednesday organized a seminar aimed at promoting financial inclusion and encouraging the wider use of the Cambodian Riel (KHR) in the domestic economy. ...

Chea Vanyuth
https://www.khmertimeskh.com/501572151/nbc-moc-call-for-wider-use-of-riel/

Banks pledge loan restructuring without affecting credit records

Representatives from banks and microfinance institutions have expressed their commitment to restructuring loans for customers facing financial difficulties, as the number and volume of such requests continue to rise. ...

Niem Chheng
https://www.phnompenhpost.com/business/banks-pledge-loan-restructuring-without-affecting-credit-records

Cambodia's international trade continues positive growth

Cambodia’s bilateral trade with partner countries in the first nine months of 2024 reached nearly $41 billion, marking a year-on-year increase of over 16%, with a trade deficit of over $1 billion. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-s-international-trade-continues-positive-growth

Parents struggle with rising costs of education

Parents are increasingly struggling to fund their children’s high school education amid rising tuition fees and the general cost of living, forcing them to loan cash so that their kids can go to school. The crisis has led to parents calling for the government to ...

Meas Molika
https://kiripost.com/stories/parents-struggle-with-rising-costs-of-education

Pursat Governor urges farmers to limit dry season rice cultivation

Pursat Provincial Governor Khoy Rida has urged farmers to refrain from planting dry season rice more than twice, citing potential irrigation water shortages, particularly in areas distant from water sources. ...

Torn Vibol
https://www.khmertimeskh.com/501570861/pursat-governor-urges-farmers-to-limit-dry-season-rice-cultivation/#google_vignette

Farmers struggle with complex procedures for subsidised electricity tariffs

Farmers with rice mills are battling to benefit from a government-subsidised electricity tariff aimed at reducing operational costs, citing complex procedures and unclear information despite the Ministry of Mines and Energy’s efforts to lower electricity prices for agricultural purposes. ...

Kuch Sikol
https://kiripost.com/stories/farmers-struggle-with-complex-procedures-for-subsidised-electricity-tariffs

Women journalists seek police understanding, cooperation; media groups stress value of access to information law

The Women’s Media Centre of Cambodia (WMC) held a dialogue on October 7 between police officers and women journalists to address challenges and strengthen cooperation between both parties. Media associations believe that these efforts will improve with the passing of the draft law on Access to ...

Seoung Nimol
https://cambojanews.com/women-journalists-seek-police-understanding-cooperation-media-groups-stress-value-of-access-to-information-law/

Over $5 billion investment projects registered in Q3

Cambodia has secured 315 fixed-asset investment projects worth $5.28 billion during the first nine months of this year, a report from the Council for the Development of Cambodia (CDC) showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570842/over-5-billion-investment-projects-registered-in-q3/

Ministry: Regional nurseries underway; will support reforestation efforts

The Ministry of Environment is currently establishing a regional tree nursery at the Keo Seima Wildlife Sanctuary Office in Mondulkiri Province. Once completed, it will produce more than half a million saplings, which will be distributed to citizens for planting, with the goal of restoring ...

Phak Seangly
https://www.phnompenhpost.com/national/ministry-regional-nurseries-underway-will-support-reforestation-efforts

NEC readies first council election for new Kampong Som city

Election for a new city in Preah Sihanouk province has been officially scheduled for January next year. The National Election Committee (NEC) has picked January 26, 2025 for electing the Kampong Som City Council for the first time ever. ...

Torn Vibol
https://www.khmertimeskh.com/501571568/nec-readies-first-council-election-for-new-kampong-som-city/

King appoints new member to Privy Council

The royal decree signed on Tuesday ordered the appointment of Pol Saroeun, Government Adviser and former Commander-in-Chief of the Royal Cambodian Armed Forces; Khieu Kanharith, Member of Parliament for Kampong Cham province and former Minister of Information; and Cham Prasidh, Member of Parliament for Kep ...

Hang Punreay
https://www.khmertimeskh.com/501571572/king-appoints-new-member-to-privy-council/

Pundits: Jump in steel imports may not reflect real estate recovery

Cambodia imported more than $400 million worth of iron and steel in the first eight months of the year, an increase of nearly 60% on the same period last year. This has given some hope that the housing construction sector may be gradually picking up ...

Hin Pisei
https://www.phnompenhpost.com/business/pundits-jump-in-steel-imports-may-not-reflect-real-estate-recovery

CDC approve nearly 30 new projects in September

A total of 26 new investment projects and 2 production expansion projects, with a total investment exceeding $400 million, were approved by the government in September. Of them, nearly 40% of the investment capital comes from Chinese investors, according to the Council for the Development ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approve-nearly-30-new-projects-in-september

Local communities partner with USAID for conservation grants

Eight local communities have signed small grants agreements (SGAs) with the USAID Conserve project to build capacity, improve community livelihoods and preserve natural resources on the Tonle Sap and in wildlife sanctuaries. ...

Phak Seangly
https://www.phnompenhpost.com/national/local-communities-partner-with-usaid-for-conservation-grants

Cambodia’s real estate market remains quiet during first 9 months of ‘24

Despite the government’s recent efforts to expand infrastructure development – such as roads, airports and airstrips – Cambodia’s real estate market in the first nine months of 2024 has not shown any notable positive signs, according to industry experts. ...

Hin Pisei
https://www.phnompenhpost.com/post-property/cambodia-s-real-estate-market-remains-quiet-during-first-9-months-of-24

Cambodia launches social service training curriculum to address child violence, exploitation

Cambodia on Monday officially launched a comprehensive training curriculum and master training plan for the social service workforce to curb child violence and exploitation, according to a joint press release. ...

Khmer Times Staff
https://www.khmertimeskh.com/501571163/cambodia-launches-social-service-training-curriculum-to-address-child-violence-exploitation/

Workshop celebrates financial literacy initiative

A workshop highlighting the outcomes of the “Strengthen Safe Finance in Communities” project was held in Phnom Penh yesterday, on October 8. It brought together key stakeholders from Cambodia’s banking, microfinance, and financial oversight institutions. This initiative, designed to promote financial literacy and consumer protection, ...

Hong Raksmey
https://www.phnompenhpost.com/business/workshop-celebrates-financial-literacy-initiative

Cambodia promotes clean energy development

The government is focusing on boosting clean and renewable energy through a group of power projects approved for the 2024-2029 period in line with the government’s sustainable development goals. ...

Khmer Times Staff
https://www.khmertimeskh.com/501570570/cambodia-promotes-clean-energy-development/

DATs next big boost to Cambodia’s agri sector

The Cambodian agricultural sector has the potential to undergo a digital agricultural revolution in the coming years, driven by the widespread adoption of digital agriculture technologies (DATs), says a recently released World Bank report. ...

James Whitehead
https://www.khmertimeskh.com/501570209/dats-next-big-boost-to-cambodias-agri-sector/

Bicycle export earns $278M in first eight months

Cambodia exported $278 million worth of bicycles including electric bicycles in the first eight months of this year, a 30 percent decrease year-on-year compared to the same period last year, a report by the General Department of Customs and Excise showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570205/bicycle-export-earns-278m-in-first-eight-months/

Sun Chanthol boasts Funan Techo Canal benefits to US investors, stresses that ‘freedom of expression has improved’

Senior government official Sun Chanthol highlighted the potential of the recent groundbreaking of the $1.7 billion Funan Techo Canal project to U.S investors that can benefit Cambodia’s economy. He also said freedom of expression in the country has improved, contrary to the views of civil society ...

Khuon Narim and Tang Porgech
https://cambojanews.com/sun-chanthol-boasts-funan-techo-canal-benefits-to-us-investors-stresses-that-freedom-of-expression-has-improved/

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