Khmer Times

Cambodia, Thailand target $15 billion trade by 2025

Prime Ministers of Cambodia and Thailand this week will meet in Bangkok and discuss steps for boosting bilateral trade, facilitating goods transport crossing the border, and removing barriers between the two countries. ...

Chea Vanyuth
https://www.khmertimeskh.com/501434816/cambodia-thailand-target-15-billion-trade-by-2025/

PM: Social protection programme benefits 6.5 million people and incurs $100 million per year

The Prime Minister of Cambodia, Dr. Hun Manet, stated that the Royal Government’s policy on social assistance interventions has been extensive in recent years, including the provision of health care services through ID Poor cards and NSSF membership cards, which involves more than 6.5 million ...

Khmer Times Staff
https://www.khmertimeskh.com/501435421/pm-social-protection-programme-benefits-6-5-million-people-and-incurs-100-million-per-year/

Gov’t to pump in $450M to upgrade public services

The Royal Government of Cambodia (RGC) is preparing to inject a budget of nearly $450 million to improve healthcare services, covering up to 9 million people across the country as well as other public services, especially the poor and vulnerable families which are in line ...

Nhean Chamrong
https://www.khmertimeskh.com/501435682/govt-to-pump-in-450m-to-upgrade-public-services/

SSEZ’s export-import valued at $3.36 billion in 2023

The total import and export volume of the Sihanoukville Special Economic Zone (SSEZ) were valued at $3.36 billion in 2023, a year-on-year increase of 34.8 percent, the zone’s operator said in a statement issued recently. ...

Khmer Times Staff
https://www.khmertimeskh.com/501435871/ssezs-export-import-valued-at-3-36-billion-in-2023/

DPM Sun Chanthol: New investment projects in January reflects investors’ confidence on Royal Government

Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), welcomed the new investment projects approved by CDC in January, stressing that this reflects the investors’ trust on the leadership of Prime Minister Hun Manet in maintaining peace ...

Khmer Times Staff
https://www.khmertimeskh.com/501435872/dpm-sun-chanthol-new-investment-projects-in-january-reflects-investors-confidence-on-royal-government/

BRI-backed economic zone in Cambodia records 34.8 pct rise in trade volume in 2023

The value of imports and exports passing through the Sihanoukville Special Economy Zone (SSEZ) in Cambodia reached $3.36 billionin 2023, a year-on-year increase of 34.8 percent, the zone operator said in a recent statement. ...

Khmer Times Staff
https://www.khmertimeskh.com/501435120/bri-backed-economic-zone-in-cambodia-records-34-8-pct-rise-in-trade-volume-in-2023/

NSSF health coverage for more groups

The National Social Security Fund (NSSF) plans to offer free healthcare to new target groups under a new programme. The first and largest group includes vendors and those who work in related informal jobs, like street vendors. He added the other target groups include digital ...

Tith Kongnov
https://www.khmertimeskh.com/501434860/nssf-health-coverage-for-more-groups/

Cambodia spends $1.4 bln supporting poor, vulnerable people since 2019

Cambodia has spent $1.4 billion in assisting the poor and vulnerable people in the country since 2019, Minister of Social Affairs, Veterans and Youth Rehabilitation Chea Somethy said on February 5, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501435151/cambodia-spends-1-4-bln-supporting-poor-vulnerable-people-since-2019/

Ministry mulling SME cluster to help local farmers

The Ministry of Industry, Science, Technology, and Innovation has pushed for forming new small and medium enterprise (SME) clusters to help farmers sell their products to local productions, contributing to finished product export. ...

Chea Vanyuth
https://www.khmertimeskh.com/501431025/ministry-mulling-sme-cluster-to-help-local-farmers/

NBC injected $139 million to stabilise riel in 2023

The National Bank of Cambodia (NBC) sold $139.1 million through auction last year to stabilise the riel exchange rate and to rebound the economy, according to the central bank’s report released on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501431035/nbc-injected-139-million-to-stabilise-riel-in-2023/

Ministry creates 193 nature protection communities in five years

The Ministry of Environment has established 193 protected area communities for biodiversity conservation, natural resource management, culture and promotion of national economic development. ...

Hang Punreay
https://www.khmertimeskh.com/501431758/ministry-creates-193-nature-protection-communities-in-five-years/

Ministry sets up new task force to monitor, expedite court cases

The Ministry of Justice has set up a new task force to monitor court cases involving drugs, traffic and civil status cases to expedite the resolution of cases in the courts. ...

Torn Vibol
https://www.khmertimeskh.com/501431785/ministry-sets-up-new-task-force-to-monitor-expedite-court-cases/

Cambodia, Australia to reinforce cooperation in Banking and Financial sector

Cambodia and Australia are willing to further strengthen their banking and financial cooperation, especially in the field of green finance and financial knowledge. ...

Khmer Times Staff
https://www.khmertimeskh.com/501429861/cambodia-australia-to-reinforce-cooperation-in-banking-and-financial-sector/

CDC, KOICA hold first bilateral meeting in 2024 on development cooperation in Cambodia

The Cambodia Development Cooperation Board of the Council for the Development of Cambodia (CDCB/CDC) and the Korea International Cooperation Agency (KOICA) held here at the CDC’s headquarters on Jan. 25 their “first bilateral meeting in 2024” to boost development cooperation and partnership between the two ...

Khmer Times Staff
https://www.khmertimeskh.com/501429533/cdc-koica-hold-first-bilateral-meeting-in-2024-on-development-cooperation-in-cambodia/

Cambodia’s economy expected to grow 6.4 pct in 2024

The Cambodian economy is projected to grow by 6.4 percent in 2024, up from 5.5 percent in 2023, mainly driven by tourism and manufacturing sector, National Bank of Cambodia (NBC)’s Governor Chea Serey said on Friday. ...

Xinhua
https://www.khmertimeskh.com/501430154/cambodias-economy-expected-to-grow-6-4-pct-in-2024/

Cambodia diversifying into non-garment industry

Cambodia has been diversifying into the industrial sector from garment manufacturing to non-garment manufacturing, using skilled labour and technology in the production chains. ...

Chea Vanyuth
https://www.khmertimeskh.com/501430497/cambodia-diversifying-into-non-garment-industry/

UN provides compensation for Cambodians hurt or slain in missions

The United Nations (UN), through the Ministry of Foreign Affairs and International Cooperation of Cambodia, has provided compensation for peacekeepers wounded or killed for the cause of humanity and peace around the world during missions in Lebanon and Mali. ...

Hang Punreay
https://www.khmertimeskh.com/501431049/un-provides-compensation-for-cambodians-hurt-or-slain-in-missions/

Run Ta Ek residents protest reduction in social allowance

In order to demand that the government restore the amount for ID poor payments, around 400 individuals in Run Ta Ek City staged protests in front of the province and commune halls. ...

Torn Vibol
https://www.khmertimeskh.com/501430485/run-ta-ek-residents-protest-reduction-in-social-allowance/

Cambodia’s banking and financial industry healthy, says NBC

The banking and financial industry has remained strong despite uncertainties on global economic growth causing the bankruptcies of banks in some countries. ...

Chea Vanyuth
https://www.khmertimeskh.com/501429237/cambodias-banking-and-financial-industry-healthy-says-nbc/

Gov’t debt reached $10.7 billion in Q3 last year

The Royal Government of Cambodia (RGC) has a total public debt stock of $10.72 billion by the third quarter (Q3) of 2023 of which 99.5 percent is public external debt and the remaining goes to the public domestic debt, said the Ministry of Economy and ...

Nhean Chamrong
https://www.khmertimeskh.com/501428579/govt-debt-reached-10-7-billion-in-q3-last-year/

GDT nets $75 million from e-commerce

The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501429247/gdt-nets-75-million-from-e-commerce/

Renewable energy to give 70% of power in Cambodia this year

Renewable energy sources will account for nearly 70 percent of Cambodia’s electricity this year, said Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, recently. ...

Manoj Mathew
https://www.khmertimeskh.com/501429249/renewable-energy-to-give-70-of-power-in-cambodia-this-year/

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