Khmer Times

IFC and Association of Banks in Cambodia to boost green finance, support sustainable growth

To help address climate change impacts and foster a sustainable financial ecosystem in Cambodia, the International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space. ...

Khmer Times Staff
https://www.khmertimeskh.com/501576152/ifc-and-association-of-banks-in-cambodia-to-boost-green-finance-support-sustainable-growth/

Cambodia-Vietnam trade crosses $5.8B in 9 months

Cambodia-Vietnam trade volume reached $5.81 billion, up 21.9 percent from $4.77 billion in the same period in 2023, according to a report of the General Department of Customs and Excise of Cambodia (GDCE). ...

Chea Vanyuth
https://www.khmertimeskh.com/501575872/cambodia-vietnam-trade-crosses-5-8b-in-9-months/

Chinese-invested airport in Cambodia handles more than 14,000 flights in first year

The Chinese-invested Siem Reap Angkor International Airport (SAI) has handled more than 14,000 flights with 1.3 million passengers in the first year of its operation, the airport operator said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501575482/chinese-invested-airport-in-cambodia-handles-more-than-14000-flights-in-first-year/

SAI offers discounts and incentives to boost airline operations

Siem Reap Angkor International Airport Operators announced discounts on terminals and operational fees for new flights and airlines to encourage the establishment of new routes and expanding business operations at Siem Reap Angkor International Airport (SAI). ...

Khmer Times Staff
https://www.khmertimeskh.com/501575519/sai-offers-discounts-and-incentives-to-boost-airline-operations/

US election results likely to impact Cambodia’s economy

The US presidential election on November 5 is watched closely by policymakers, economic commentators and business people across the Southeast Asia region, including Cambodia given the potential impact of the poll results on the region’s trade and foreign direct investment (FDI) prospects, as well as ...

James Whitehead
https://www.khmertimeskh.com/501575225/us-election-results-likely-to-impact-cambodias-economy/

Cambodia-ASEAN mull revising tariff to monitor trade flow

Cambodia along with the Association of Southeast Asian Nations (ASEAN) are considering revising the customs tariff regulations aimed at updating the product code to strengthen the efficiency of monitoring trade activities globally. ...

Nhean Chamrong
https://www.khmertimeskh.com/501575234/cambodia-asean-mull-revising-tariff-to-monitor-trade-flow/

Govt offers financial support to 3,000 digital undergrads

The Royal Government of Cambodia (RGC) yesterday announced the establishment of the Digital Skill Development Program (DSDP), a non-scholarship project, to provide financial support to 3,000 undergraduates majoring in digital technology with zero interest rate in 2025.​ ...

Nhean Chamrong
https://www.khmertimeskh.com/501575236/govt-offers-financial-support-to-3000-digital-undergrads/

AFD, EU back Cambodia’s water sector reformation

The Agence Française de Développement (AFD) and the European Union (EU) expressed their commitment to support the expansion of the Phnom Penh Water Supply Authority (PPWSA). ...

Nhean Chamrong
https://www.khmertimeskh.com/501574411/afd-eu-back-cambodias-water-sector-reformation/

PM spells out strategies to make Cambodia high-income by 2050

Prime Minister Hun Manet Monday pointed out five recommendations to promote economic and trade development to transform Cambodia into a middle-income country by 2030 and a high-income country by 2050. ...

Nhean Chamrong
https://www.khmertimeskh.com/501574413/pm-spells-out-strategies-to-make-cambodia-high-income-by-2050/

Royal Government issues sub-decree to allow the use of new 200,000 Riel banknotes

The Royal Government of Cambodia has issued a sub-decree authorizing the issuance, circulation and use of a new 200,000 Riels banknote in the Kingdom of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501574785/royal-government-issues-sub-decree-to-allow-the-use-of-new-200000-riel-banknotes/

Cambodia, France to elevate bilateral relations by 2026

Cambodia and France outlined a comprehensive roadmap aimed at enhancing their bilateral relations, agreeing to work towards establishing a strategic partnership by 2026. ...

Ben Sokhean
https://www.khmertimeskh.com/501574457/cambodia-france-to-elevate-bilateral-relations-by-2026/

PM warns against exploiting vulnerable communities for state land

Prime Minister Hun Manet issued a warning to those who exploit the hardships of the people to pursue their ambitions of seizing state land. ...

Khmer Times Staff
https://www.khmertimeskh.com/501574699/pm-warns-against-exploiting-vulnerable-communities-for-state-land/

EU ready to help Cambodia tackle online scams and human trafficking

As Cambodia is being heavily criticised by some quarters over its “inability” to curb online scamming involving modern forms of human trafficking, the EU Ambassador in Cambodia reassured that the European Union is always willing to assist the country in alleviating the problem. ...

Taing Rinith
https://www.khmertimeskh.com/501574469/eu-ready-to-help-cambodia-tackle-online-scams-and-human-trafficking/

Cambodia, Laos to upgrade trade, investment ties

After the recent withdrawal from the development pact known as the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA), the Royal Government of Cambodia (RGC) shifted its stance to promote bilateral cooperation with the Lao People’s Democratic Republic (PDR) including the removal of double taxation, trade, tourism and ...

Nhean Chamrong
https://www.khmertimeskh.com/501571530/cambodia-laos-to-upgrade-trade-investment-ties/

NBC alerts of potential financial losses against illegal loans

The National Bank of Cambodia (NBC) Tuesday warned the public against the availing illegal loan services, emphasizing the potential financial losses and significant risks. ...

Chea Vanyuth
https://www.khmertimeskh.com/501571532/nbc-alerts-of-potential-financial-losses-against-illegal-loans/

Cambodia faces increasing vulnerability to climate change

Cambodia is increasingly vulnerable to climate change, with projections indicating that the country’s average temperature could rise by between 1.0 degrees Celsius and 2.6 degrees Celsius by 2050. ...

Ben Sokhean
https://www.khmertimeskh.com/501571551/cambodia-faces-increasing-vulnerability-to-climate-change/

Ministry preparing seed distribution to farmers after flood damage

The National Committee for the Management of the Reserve Food System of the Ministry of Economy and Finance stated they are preparing over 5,000 tonnes of rice and vegetable seeds to help people reseed their crops affected by flooding of the Mekong River. ...

Tith Kongnov
https://www.khmertimeskh.com/501572184/ministry-preparing-seed-distribution-to-farmers-after-flood-damage/

PM urges ASEAN to maintain multilateral trading system

Prime Minister Hun Manet has called on the Association of Southeast Asian Nations (ASEAN) to maintain a just and inclusive multilateral trading system and to broaden trade cooperation with its partners. ...

Khmer Times Staff
https://www.khmertimeskh.com/501572478/pm-urges-asean-to-maintain-multilateral-trading-system/

IMF will continue to partner with Cambodia to ensure development

The International Monetary Fund (IMF) will continue to partner with Cambodia to ensure sustainable, inclusive, and resilient socio-economic development. ...

Khmer Times Staff
https://www.khmertimeskh.com/501572479/imf-will-continue-to-partner-with-cambodia-to-ensure-development/

World Bank backs Cambodia’s long-term economic vision

Amid regional and global economic uncertainties, the World Bank is set to approve the Country Partnership Framework (CPF) 2025-2029 to support the Royal Government of Cambodia (RGC) in achieving its long-term vision of becoming a middle-income country by 2030 and a high-income country by 2050. ...

Nhean Chamrong
https://www.khmertimeskh.com/501572157/world-bank-backs-cambodias-long-term-economic-vision/

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/

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