Khmer Times

NBC to launch Bakong for foreign tourists

Tourists visiting Cambodia will soon be able to conduct transactions using the Bakong payment system, according to Chea Serey, Governor of the National Bank of Cambodia (NBC), recently. ...

Chea Vanyuth
https://www.khmertimeskh.com/501526826/nbc-to-launch-bakong-for-foreign-tourists/

Cambodia plans for transition out of LDC status

Cambodia highlighted its Development Cooperation and Partnership Strategy (DCPS 2024-2028) during a 2024 high level political forum on sustainable development under the theme “reinforcing the 2030 agenda and eradicating poverty in times of multiple crisis”. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501526910/cambodia-plans-for-transition-out-of-ldc-status/

Govt, JICA sign $57.5 million deal to improve NR 5

The Royal Government of Cambodia (RGC) and Japan International Cooperation Agency (JICA) Friday signed a $55 million loan agreement to improve the National Road 5 (NR 5) and a $2.5 million grant agreement to boost the Human Resource Development Scholarship (JDS).​ ...

N​h​e​an​ C​ham​ron​g​
https://www.khmertimeskh.com/501526838/govt-jica-sign-57-5-million-deal-to-improve-nr-5/

Cambodia’s trade with RCEP countries rose 14% H1 2024

Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries reached $16.9 billion in the first half of this year, up 14% from $14.8 billion over the same period last year, said a Ministry of Commerce’s report on Saturday. ...

Xinhua
https://www.khmertimeskh.com/501526316/cambodias-trade-with-rcep-countries-rose-14-h1-2024/

Pornmoniroth calls for review of river port management

Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF) Tuesday called on the Economic and Financial Policy Committee (EFPC) to develop a management framework for the river port, connecting the river transport system with the sea. ...

Nhean Chamrong
https://www.khmertimeskh.com/501524645/pornmoniroth-calls-for-review-of-river-port-management/

Vendors given a week to remove alcohol ads in Takeo

The governor of Takeo province has granted one week’s grace to sellers and vendors of alcoholic drinks and wines to remove all billboards and signage that advertises alcoholic products, or face legal consequences. ...

Khmer Times Staff
https://www.khmertimeskh.com/501522989/vendors-given-a-week-to-remove-alcohol-ads-in-takeo/

NEA provides 3,380 jobs for 17,535 applications in H1

The National Employment Agency (NEA) of the Ministry of Labour and Vocation Training (MLVT) provided 3,380 careers for 17,535 Cambodians registered in the job searching platform for the first semester of this year.​​ ...

Nhean Chamrong
https://www.khmertimeskh.com/501523118/nea-provides-3380-jobs-for-17535-applications-in-h1/

The government establishes a Special Tax Audit Unit to help taxpayers

Phnom Penh, Cambodia The Ministry of Economy and Finance has announced the formation of a Special Tax Audit Unit, designed to address taxpayer concerns more efficiently. This new unit, which holds departmental status, will operate under the General Department of Taxation’s jurisdiction. ...

Khmer Times Staff
https://www.khmertimeskh.com/501524123/the-government-establishes-a-special-tax-audit-unit-to-help-taxpayers/

More Cambodian borrowers of MFIs are buying land than selling

The financial standing of Cambodian borrowers has seen improvement over the years in many cases, as per data with the Cambodian Microfinance Association (CMA). ...

Rachel David
https://www.khmertimeskh.com/501523109/more-cambodian-borrowers-of-mfis-are-buying-land-than-selling/

Royal Government aims to boost EV inventory to 30k units by 2030

The Cambodian government aims to increase the number of electric vehicles (EVs) in its inventory to 30,000 by 2030 according to the National Policy on the Development of EVs 2024-2030, which was released on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501521705/royal-government-aims-to-boost-ev-inventory-to-30k-units-by-2030/

Cambodia, Thailand strengthen bilateral ties in key sectors

In a significant step towards enhancing bilateral relations, Cambodia and Thailand have committed to deepening their cooperation across various fields, emphasising practical results and a strategic partnership that prioritises the interests of their people. ...

Hang Punreay
https://www.khmertimeskh.com/501522645/cambodia-thailand-strengthen-bilateral-ties-in-key-sectors/

Cambodia-China trade sees robust growth in the first half of 2024

Cambodia and China have witnessed a substantial increase in bilateral trade during the first half of 2024, according to an official report released on Wednesday by the General Department of Customs and Excise.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501522267/cambodia-china-trade-sees-robust-growth-in-the-first-half-of-2024/

Even stronger ties: Cambodia and Vietnam pledge to enhance cooperation for mutual benefit

Vietnam’s President and the Cambodian Government have reaffirmed their commitment to strengthening bilateral relations and cooperation, driven by a shared cultural heritage and principles of good neighbourliness. Both sides aim to expand and deepen their partnership for the betterment of their peoples and nations. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501522664/even-stronger-ties-cambodia-and-vietnam-pledge-to-enhance-cooperation-for-mutual-benefit/

MAFF crafting ‘safe food production’ plan

Ministry of Agriculture, Forestry and Fisheries (MAFF) along with relevant stakeholders are jointly working towards envisaging a safe food production plan for national and international markets, said a senior official for MAFF on Monday. ...

Mom Kunthea
https://www.khmertimeskh.com/501522554/maff-crafting-safe-food-production-plan/

A decade of effort: Restoring the Tonle Sap flooded forests

In a remarkable ten-year effort, Conservation International Cambodia (CI Cambodia) has restored approximately 600 hectares of the Tonle Sap’s flooded forest, a critical ecosystem within Cambodia’s largest freshwater lake. ...

Hong Raksmey
https://m.phnompenhpost.com/national/a-decade-of-effort-restoring-the-tonle-sap-flooded-forests

GFT exports rise 17 percent in first half of 2024

Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...

Manoj Mathew
https://www.khmertimeskh.com/501521386/gft-exports-rise-17-percent-in-first-half-of-2024/

Cambodia exports 50 percent more raw cashew nuts in first semester

Cambodia exported more than 545,000 tonnes of raw cashew nut in the first semester of 2024, an increase of 50 percent compared to the same period in 2023, said a report of the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Wednesday. ...

Mom Kunthea
https://www.khmertimeskh.com/501521384/cambodia-exports-50-percent-more-raw-cashew-nuts-in-first-semester/

Government reviews S’ville master plan

The Ministry of Economy and Finance (MEF) and the Inter-Ministerial Coordinating Committee (IMCC) Tuesday reviewed the final draft of the master plan to transform Preah Sihanouk province into a massive Multi-Purpose Special Economic Zone (MP-SEZ), before summiting to the Royal Government of Cambodia (RGC) for ...

Nhean Chamrong
https://www.khmertimeskh.com/501521018/government-reviews-sville-master-plan/

IMF trains Cambodian customs officers in investigation techniques

The International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...

Khmer Times Staff
https://www.khmertimeskh.com/501520510/imf-trains-cambodian-customs-officers-in-investigation-techniques/

Govt provides robust assistance to 1.3 million migrant workers

A senior official at the Ministry of Labour said that as of June, 2024, there were approximately 1.3 million Cambodian migrant workers living abroad, with most of them located in Thailand and South Korea. ...

Sen David
https://www.khmertimeskh.com/501521096/govt-provides-robust-assistance-to-1-3-million-migrant-workers/#google_vignette

IMF trains Cambodian customs officers in investigation techniques

The International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...

Khmer Times Staff
https://www.khmertimeskh.com/501520510/imf-trains-cambodian-customs-officers-in-investigation-techniques/

MISTI, MPTC seal deal on digital security

The Ministry of Industry, Science, Technology and Innovation (MISTI) and the Ministry of Post and Telecommunications (MPTC) Monday signed a Memorandum of Understanding (MoU) on digital security in Phnom Penh. ...

Jig​me​ ​Pal​d​e​n ​P​a​z​o
https://www.khmertimeskh.com/501520189/misti-mptc-seal-deal-on-digital-security/

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