Khmer Times

Cambodia’s famed Angkor makes $30 mil revenue in first 8 months of 2024

Cambodia’s famed Angkor Archaeological Park made $30.33 million from ticket sales in the first eight months of 2024, up 31.3% from $23.09 million over the same period last year, said an official report on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501551419/cambodias-famed-angkor-makes-30-mil-revenue-in-first-8-months-of-2024/

IFC invests over $438 million in Cambodia’s financial sector

International Finance Corporation (IFC) – a financial institution that promotes private-sector development in the least developed countries (LDCs) – has increased its investment from $167.5 million to $438.5 million into the Kingdom’s financial sector, a rise of 260 percent over the past five years. ...

Nhean Chamrong
https://www.khmertimeskh.com/501551175/ifc-invests-over-438-million-in-cambodias-financial-sector/

Ministry sets 5-year plan for info, AV sector development

The Ministry of Information has set a short- and long-term strategic plan for the development of the information and audio-visual sector over the next five years to contribute to the government’s reform on the information and audio-visual sector. ...

Hang Punreay
https://www.khmertimeskh.com/501550552/ministry-sets-5-year-plan-for-info-av-sector-development/

Cambodian migrant workers send $2.9B home annually

Every year, migrant workers send more than $2.9 billion sending money to their families, which not only supports their livelihoods but significantly contributes to the national economy. ...

Meas Molika
https://kiripost.com/stories/cambodian-migrant-workers-send-29b-home-annually

Cambodia attracts $7.5 billion investments in govt’s first year

Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government with China topping the list of sources, a report from the Council for the Development of Cambodia (CDC) showed yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501550327/cambodia-attracts-7-5-billion-investments-in-govts-first-year/

EU reaffirms support for Cambodia’s water supply sector, development of green industry, research, innovation

The European Union (EU), has reaffirmed its ongoing support for Cambodia’s water supply sector and expressed interest in expanding collaboration for the development of green industry, research and innovation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501550161/eu-reaffirms-support-for-cambodias-water-supply-sector-development-of-green-industry-research-innovation/

Cambodia set to sign DTAs with Laos, Philippines

Cambodia will soon sign double taxation agreements (DTAs) with Laos and the Philippines, as it has completed technical procedures for the deals, the General Department of Taxation (GDT) said. ...

Chea Vanyuth
https://www.khmertimeskh.com/501549922/cambodia-canada-hold-talks-to-promote-bilateral-trade-in-agriculture-agri-food/

MAFF to hold first Cambodian Aquaculture Expo in Nov

The Fisheries Administration of the Ministry of Agriculture, Forestry and Fisheries will organize the first Cambodian Aquaculture Exhibition in November to promote aquaculture or local breeding products. ...

Mom Kunthear
https://www.khmertimeskh.com/501549609/maff-to-hold-first-cambodian-aquaculture-expo-in-nov/

Cambodian economy stabilizing in 2024 with increased liquidity, exports

The Cambodian economy is demonstrating signs of an overall rebound in 2024, spurred by improving liquidity and improving export demand, says a recently released report, titled ‘Economic Snapshot and Outlook 2024’ by investment advisory firm, Mekong Strategic Capital (MSC). ...

James Whitehead
https://www.khmertimeskh.com/501549598/cambodian-economy-stabilizing-in-2024-with-increased-liquidity-exports/

CDC approves nearly 400 investment projects worth over $7.5 billion in one year

From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion. ...

Khmer Times Staff
https://www.khmertimeskh.com/501549890/cdc-approves-nearly-400-investment-projects-worth-over-7-5-billion-in-one-year/

Cambodia unveils five-year public debt strategy

The Royal Government of Cambodia yesterday unveiled a comprehensive five-year public debt management strategy for 2024 to 2028 which will reflect in the allocation of resources to various public infrastructure projects. ...

Chea Vanyuth
https://www.khmertimeskh.com/501548660/cambodia-unveils-five-year-public-debt-strategy/

Civil service database updated to streamline workflow

The Ministry of Civil Service has updated the details of civil servants working in the education and healthcare sectors into the sub-national database. ...

Torn Vibol
https://www.khmertimeskh.com/501548690/civil-service-database-updated-to-streamline-workflow/

PM seeks stimulus package for NE provinces

Prime Minister Hun Manet asked the Ministry of Economy and Finance (MEF) to prepare a stimulus package to encourage investment in the northeastern provinces including Kratie, Stung Treng, Mondulkiri and Ratanakiri. ...

Mom Kunthear
https://www.khmertimeskh.com/501547947/pm-seeks-stimulus-package-for-ne-provinces/

Minister urges RRC to speed up rail modernization

The Minister of Public Works and Transport has urged the Royal Railway of Cambodia (RRC) to modernize its operations by investing in advanced safety equipment and contributing to a more sustainable and efficient transportation system, meeting the growing demands of local passengers. ...

Chea Vanyuth
https://www.khmertimeskh.com/501547945/minister-urges-rrc-to-speed-up-rail-modernization/

Information Ministry distributes Charter for Professional Journalism

The Ministry of Information has printed 20,000 copies of the Charter for Professional Journalism for free distribution to journalists as a means for strengthening ethics and encouraging responsible journalism. The distribution campaign began on August 23, 2024.​ ...

Nang Veasna
https://www.khmertimeskh.com/501547979/information-ministry-distributes-charter-for-professional-journalism/

Cambodia plans wastewater treatment capacity expansion

Cambodia is committed to enhancing its wastewater treatment capacity to achieve a 50% treatment rate for all waste produced. This goal aligns with the United Nations’ Sustainable Development Goals (SDGs) to be accomplished by the year 2030. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/501547981/cambodia-plans-wastewater-treatment-capacity-expansion/

Mekong-Lancang conference tackles air pollution, trans-boundary crime

The Mekong-Lancang nations vowed to strengthen cooperation in combatting trans-boundary crimes under the joint framework to ensure security in the Mekong River region. ...

Nop Sreymao
https://www.khmertimeskh.com/501547284/mekong-lancang-conference-tackles-air-pollution-trans-boundary-crime/

Govt announces free tours to northeastern border provinces to address concerns over sovereignty

In a bid to disprove false claims about the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) by overseas-based opposition groups, Prime Minister Hun Manet is arranging free transport for the public to see for themselves the real situation at the border areas. ...

Torn Vibol
https://www.khmertimeskh.com/501547302/govt-announces-free-tours-to-northeastern-border-provinces-to-address-concerns-over-sovereignty/

Kampong Thom’s Dang Kambit reservoir project progresses

The Minister of Water Resources and Meteorology Thor Chetha, on Saturday led a team of officers to inspect the progress of the Dang Kambit Reservoir Development Project in Sre Khsach Village, Dang Kambit Commune, Sandan District, Kampong Thom province, financed by the Export-Import Bank of ...

Khmer Times Staff
https://www.khmertimeskh.com/501547543/kampong-thoms-dang-kambit-reservoir-project-progresses/

Cambodia’s 1 million tonne rice export target within reach

One of the cardinal reasons behind the Royal Government of Cambodia’s (RGC) confidence to transform the Kingdom into a high-middle-income country by 2030 and a high-income country by 2050 stems essentially from the government’s ambition to boost rice exports to 1 million tonne by 2025. ...

Mom Kunthear
https://www.khmertimeskh.com/501547260/cambodias-1-million-tonne-rice-export-target-within-reach/

PM says no tax for biz with annual income below KHR 250M

Micro enterprises with an annual turnover of less than 250 million riels will not be taxed, Prime Minister Hun Manet assured on Thursday evening during his special statement on the ‘One-Year Achievements of the Royal Government of the 7th Legislature of the National Assembly’ that ...

Manoj Mathew
https://www.khmertimeskh.com/501547280/pm-says-no-tax-for-biz-with-annual-income-below-khr-250m/

ADB committed to Cambodia’s skills development programme

The Asian Development Bank (ADB), a long-time development partner of Cambodia, on Wednesday reiterated its commitment to support the Royal Government’s national programme on skills development. ...

Manoj Mathew
https://www.khmertimeskh.com/501546083/adb-committed-to-cambodias-skills-development-programme/

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