News

Foreign ministry holds diplomatic-business friendship golf tournament

The National Institute of Diplomacy and International Relations (NIDIR) of the Ministry of Foreign Affairs and International Cooperation (MFA.IC) organised here at the Garden City Golf Club on Oct. 3 the “Diplomacy-Business Friendship Golf Tournament” under the presidency of Deputy Prime Minister SokChendaSophea, Minister of ...

Khmer Times Staff
https://www.khmertimeskh.com/501371074/foreign-ministry-holds-diplomatic-business-friendship-golf-tournament/

Petrol prices decline, diesel remains steady

Retail petrol prices have experienced a slight decrease after reaching their highest levels in a year, with regular gasoline now at 4,550 riel per litre, down from 4,750 riel in the previous 10 days. Diesel prices remain unchanged at 4,850 riel per litre. ...

May Kunmakara
https://www.phnompenhpost.com/business/petrol-prices-decline-diesel-remains-steady

CDC approves investment of $256.56 million, ‘27K new jobs’

The Council for the Development of Cambodia (CDC) approved 26 private ventures in September, totalling an investment of $256.65 million, projected to create 27,262 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-investment-25656-million-27k-new-jobs

AFD boosts MFIs, NBC reports

National Bank of Cambodia (NBC) governor Chea Serey has lauded the French government for its pivotal role in the expansion of the Kingdom’s financial industry, particularly its robust growth in the microfinance sector. ...

May Kunmakara
https://www.phnompenhpost.com/business/afd-boosts-mfis-nbc-reports

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-trade-dips-85

Director of the Vietnamese Ministry of Police in Cambodia vows to strengthen cooperation

During a courtesy call at the Ministry of Interior on the afternoon of October 2, 2023, Brigadier General Lev Van Phuong, Director of the Vietnamese Ministry of Police in Cambodia, informed Dr. Sar Sokha, Deputy Prime Minister and Ministry of Interior of the commitment to ...

Khmer Times Staff
https://www.khmertimeskh.com/501370316/director-of-the-vietnamese-ministry-of-police-in-cambodia-vows-to-strengthen-cooperation/

Elderly nursing centres needed

Minister of Social Affairs, Veterans and Youth Rehabilitation Chea Somethy has urged the National Centre for the Support of the Elderly to train senior care providers to have sufficient skills to provide quality and effective care for the elderly in the community. ...

Hang Punreay
https://www.khmertimeskh.com/501370105/elderly-nursing-centres-needed/

Associations welcome minimum wage hike

Associations in the footwear and travel goods sector welcomed the hike in the minimum wage for workers in 2024, saying that this will ensure the sector’s competitiveness and enhance the workers’ living standards. ...

Chea Vanyuth
https://www.khmertimeskh.com/501369455/associations-welcome-minimum-wage-hike/

Freeze on transfer of civil servants between ministries

The Ministry of Civil Service has issued a circular putting a freeze on transfer of civil servants from one institution to another to maintain workflow and stability. ...

Torn Vibol
https://www.khmertimeskh.com/501370103/freeze-on-transfer-of-civil-servants-between-ministries/

Diversification and Market Access: RCEP Positively Impacts Cambodia’s Economy

The Regional Comprehensive Economic Partnership (RCEP) agreement, which came into effect in 2022, has played a significant role in diversifying Cambodia’s economy and boosting its exports, according to Aaditya Mattoo, chief economist of the World Bank’s East Asia and Pacific Region. ...

Khmer Times Staff
https://www.khmertimeskh.com/501370132/diversification-and-market-access-rcep-positively-impacts-cambodias-economy/

UNICEF Cambodia and the Ministry of Rural Development join forces to improve rural sanitation and health

In a joint effort to address critical challenges faced by rural communities in Cambodia, UNICEF Cambodia and the Ministry of Rural Development have pledged to work together to combat climate change, improve rural sanitation, and enhance health services. ...

Khmer Times Staff
https://www.khmertimeskh.com/501370339/unicef-cambodia-and-the-ministry-of-rural-development-join-forces-to-improve-rural-sanitation-and-health/

Ministry: Arrivals of foreign tourists soar in ‘23

The Ministry of Tourism reported a surge in foreign tourist arrivals in Cambodia for the first eight months of 2023. Over 3.5 million international visitors were recorded, marking a 250.8 per cent increase compared to the same period last year. A significant 84.7 per cent ...

Hin Pisei
https://www.phnompenhpost.com/business/ministry-arrivals-foreign-tourists-soar-23

MRC advances fund for climate-hit residents

The Mekong River Commission (MRC) took an important step towards creating a fund to aid residents most affected by climate change, combined with water infrastructure development, at the 56th meeting of the MRC joint committee in the Laotian capital Vientiane, on September 27. ...

Ry Sochan
https://www.phnompenhpost.com/national/mrc-advances-fund-climate-hit-residents

Employers praise minimum wage negotiations, unions raise concerns

Following the labour ministry’s announcement of a 2024 minimum wage set at $204 per month, the employers’ association has voiced their support, while trade union representatives and civil society organisations (CSOs) expressed their disappointment. ...

Van Socheata
https://www.phnompenhpost.com/national/employers-praise-minimum-wage-negotiations-unions-raise-concerns

US ambassador pledges tighter information links with Kingdom

US ambassador to Cambodia W Patrick Murphy October 2 met for talks with Minister of Information Neth Pheaktra, with both sides committing to strengthen cooperation in the information sector in the interests of both nations. ...

Ry Sochan
https://www.phnompenhpost.com/national/us-ambassador-pledges-tighter-information-links-kingdom

Growth pegged at 5.5% for ‘23 recovery stage by World Bank

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...

May Kunmakara
https://www.phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank

Thai-Cambodian ties entering ‘a new era’

Prime Minister Srettha Thavisin’s decision to visit Cambodia this week measures the solid relationship between the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501368946/thai-cambodian-ties-entering-a-new-era/

ASEAN commits to building resilient, inclusive, people-centered community

ASEAN always takes social development as a top priority and is committed to building a resilient, inclusive, people-centred community, and effectively implementing the UN Sustainable Development Goals (SDG). ...

Khmer Times Staff
https://www.khmertimeskh.com/501369324/asean-commits-to-building-resilient-inclusive-people-centered-community/

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