Khmer Times

In 2015, the government set a target for 1 million tonnes of rice exports by 2020. It will miss it this year with an expected 800,000 tonnes and has reset it for next year. ...

Negotiations are still under way between Royal Railway Cambodia and the Cambodian Government on implementing a new concession agreement designed to improve Cambodia’s railway systems as well as keeping the infrastructure running in an orderly manner.​ ...

Speaking at the Global SME Finance Forum 2020 on moving into the future, the role of digitalisation in promoting SMEs’ access to finance, Chea Serey, director-general of the National Bank of Cambodia (NBC), said SMEs are considered to be a crucial sector for the economy ...

There was an increase in deaths in traffic accidents during the three-day Water Festival holiday this year, as 19 people were reportedly killed compared to 10 last year.   ...

The U.S. Embassy provided food assistance to over 2,500 flood-affected households in the Cambodian province of Pursat last week, funded by the U.S. Agency for International Development (USAID) and distributed through the United Nations World Food Programme (WFP). ...

The Kingdom of Cambodia and the Lao People’s Democratic Republic have discussed their cooperation in the field of education. ...

The National Assembly (NA) has unanimously approved six important draft laws to strengthen and expand the cooperation with foreign countries, according to a press release of the NA General Secretariat. ...

The International Monetary Fund (IMF) says closer cooperation between statistics-producing agencies in Cambodia is “essential” to improve the quality of macroeconomic statistics. ...

Cambodia exported 209,819 tons of dry rubber in the first nine months of 2020, up 21 percent compared to the same period last year, said a General Directorate of Rubber report. ...

Cambodia has exported nearly 1 million tonnes of milled rice as of the third quarter of 2020, and the figure could reach 1.2 million tonnes in a near future. The record was revealed on Tuesday by the Cambodia Rice Federation, underlining that the export followed ...

The Kingdom’s new draft law on investment is scheduled to be finalised by the end of November this year. It will help to drive the economic recovery in the context of COVID-19, according to the Ministry of Economy and Finance (MEF). ...

The construction of a combined more-than $400 million power transmission line connecting Cambodia to Laos and the Thai border will start next year, according to an official from the Ministry of Mines and Energy (MME). ...

Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalisation will be key to revitalising Southeast Asian economies devastated by Coronavirus, according to a new report from the Asian Development Bank (ADB). ...

The UN’s Global Reporting Initiative shows the Cambodia rice sector has faced significant sustainability challenges of decreasing returns for small-scale producers, inadequate uptake of responsible farming practices and smallholder engagement models amid calls for increasing organic production. ...

The Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation Strategy 2019-2023. ...

Seventy-three Cambodian Blue Helmets were dispatched to South Sudan on Sunday to join the UN peacekeeping mission in the east African country. ...

The Embassy of Sweden has announced a COVID-19 response package to financially support rural communities in Cambodia through tree planting activities. ...

The Senate of Cambodia has adopted four significant draft laws in its 6th session of the 4th legislature held here at the Senate Palace this morning. ...

The Cambodian Wildlife Conservation Society (WCS) released a report yesterday showing that four species which inhabit the Keo Seima Wildlife Sanctuary in Mondulkiri are in danger of extinction. ...

The Royal Government of Cambodia, through the Council of Ministers, has approved a draft annual budget of approximately $7.62 billion for the year 2021. The approval was made during a cabinet meeting held last Friday, chaired by Prime Minister Hun Sen. ...

Relevant ministries and private sectors are joining up to form another tool, the  Small and Medium Enterprise Fund “SME fund” to promote local SMEs to help Cambodia overcome economic stagnation during the COVID-19 pandemic. ...

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is seeking to establish small and medium enterprise (SME) parks in each province across the country aiming at promoting local agricultural products processing. ...

The Council for the Development of Cambodia (CDC) has given the green light to four more investment projects with a total investment capital of $37.6 million. According to the council’s press release issued Friday, the projects newly approved are expected to create some 6,338 jobs ...

Vongsey Vissoth has reiterated the Royal Government of Cambodia’s promising response to the fallouts of the COVID-19. National budget has been reprioritised to allocate about $1 billion to address the emergency areas. ...