Khmer Times
Increased iron, steel imports hint at construction sector revival
Cambodia imported iron and steel worth close to $168 million in the first four months of 2024, the General Department of Customs and Excise (GDCE) reported recently. ...
James Whitehead
https://www.khmertimeskh.com/501504480/increased-iron-steel-imports-hint-at-construction-sector-revival/
Cambodia launches 2024-2028 action plan for public administration reform
The Royal Government of Cambodia has launched the 2024-2028 Action Plan to implement key measures for public administration reform. ...
Khmer Times Staff
https://www.khmertimeskh.com/501505347/cambodia-launches-2024-2028-action-plan-for-public-administration-reform/
Red corn production soars to 1.7M tonnes, MAFF says
The red corn production in 2024 increased to nearly 1.7 million tonnes compared to 1.5 million tonnes last year, reported the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday. ...
Mom Kunthear
https://www.khmertimeskh.com/501505078/red-corn-production-soars-to-1-7m-tonnes-maff-says/
ADB commits $1.26 bln to support Cambodia’s development for 5 years
The Asian Development Bank (ADB) announced in a news release on Wednesday that it has committed approximately $1.26 billion to support the Cambodian government from 2024 to 2028. ...
Khmer Times Staff
https://www.khmertimeskh.com/501505346/adb-commits-1-26-bln-to-support-cambodias-development-for-5-years/
Bicycle exports down 37 percent in Jan-May
Cambodia’s bicycle exports fell 37 percent year-on-year in the first five months this year, said a report of the General Department of Customs and Excise (GDCE). ...
Chea Vanyuth
https://www.khmertimeskh.com/501505084/bicycle-exports-down-37-percent-in-jan-may/
CCF to use education not fines for minor cases
The Consumer Protection Competition and Fraud Repression Directorate-General (CCF) has issued new guidelines directing officials to prioritise educational measures over penalties for minor offenses. ...
Hang Punreay
https://www.khmertimeskh.com/501504588/ccf-to-use-education-not-fines-for-minor-cases/
Banks projected to grow at 10 percent in 2024
Cambodian banks might see growth of around 10 percent in 2024, said bankers. Industry insiders say that the banking growth of the past of 20 percent is no longer possible. ...
Rachel David
https://www.khmertimeskh.com/501503722/banks-projected-to-grow-at-10-percent-in-2024/
‘Shortage of workforce afflicting hospitality industry’
The challenge of insufficient manpower was among the primary problems afflicting the hospitality industry in the Kingdom, a Tourism Ministry workshop under the Secretary of State of the ministry at a Phnom Penh hotel last week concluded. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501504410/shortage-of-workforce-afflicting-hospitality-industry/
PWSA profit rises 35.62% in Q1
Public-listed Phnom Penh Water Supply Authority (PWSA) recently declared a profit of KHR 52.09 billion ($12.59 million) for the first quarter (Q1) of 2024, a rise of 35.62 percent compared to the same period last year. ...
Manoj Mathew
https://www.khmertimeskh.com/501504460/pwsa-profit-rises-35-62-in-q1/
Government instructs relevant ministries to prepare flood risk map in 3 areas
Government instructs relevant ministries to prepare roadmap for flood risk in 3 areas for easy repair and restoration after floods receded in each area. ...
Hang Punreay
https://tinyurl.com/2ffpw8rr
250 community representatives participate in Sustainable Consumption and Production awareness campaign
Recently, approximately 250 community representatives, with women comprising 80% of the attendees, gathered at Sunway Hotel in Phnom Penh for the Sustainable Consumption and Production awareness campaign. ...
Khmer Times Staff
https://www.khmertimeskh.com/501502764/250-community-representatives-participate-in-sustainable-consumption-and-production-awareness-campaign/
Cambodia’s GFT exports jump 20.69 percent
The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...
Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/
Vietnam, Cambodia promote trade, investment activities
The Investment and Trade Promotion Center of Ho Chi Minh City hosted a seminar on investment promotion between Vietnam and Cambodia in 2024 on June 7. ...
Saigon News
https://www.khmertimeskh.com/501502736/vietnam-cambodia-promote-trade-investment-activities/
Tourism Minister touts master plan for Siem Reap tourism boost
Minister of Tourism Sok Soken visited the Siem Reap Provincial Department of Tourism on Saturday and discussed crucial aspects of the master plan for Tourism Development in Siem Reap Province 2021-2035. ...
Jigme Palden Pazo
https://www.khmertimeskh.com/501503069/tourism-minister-touts-master-plan-for-siem-reap-tourism-boost/
25 investment projects worth over $246 million approved by CDC in May
In May 2024, the Council for the Development of Cambodia (CDC) approved 24 new projects and one production expansion project with a total investment of more than $246 million, creating about 15,000 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501503519/25-investment-projects-worth-over-246-million-approved-by-cdc-in-may/
Cambodia sees 3X growth in money changers in less than two decades
Walk along the streets of any city in Cambodia and there will be at least one money exchanger. ...
Rachel David
https://www.khmertimeskh.com/501501026/cambodia-sees-3x-growth-in-money-changers-in-less-than-two-decades/
Tax incentives offered for expansion of Qualified Investment Projects
In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...
James Whitehead
https://www.khmertimeskh.com/501501730/tax-incentives-offered-for-expansion-of-qualified-investment-projects/
Primary schools extend study day by 2 hours
With a view to boost the quality of public school education, the Ministry of Education, Youth and Sport is extending elementary school study time by two hours each day. ...
Torn Vibol
https://www.khmertimeskh.com/501501783/primary-schools-extend-study-day-by-2-hours/
Cambodia’s trade goes up 12% in five months
Cambodia’s international trade has seen a significant increase in the first five months of 2024, growing by 12 percent compared to the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501501031/cambodias-trade-goes-up-12-in-five-months/
Govt denounces illegal property developments, warns investors
Several residential housing projects in Phnom Penh and Siem Reap have been under fire from government authorities recently, with actions taken against illegitimate developments and local buyers warned to conduct due diligence before committing to property purchase agreements. ...
James Whitehead
https://www.khmertimeskh.com/501501018/govt-denounces-illegal-property-developments-warns-investors/
MEF discusses budget of Tourism Board
The Ministry of Economy and Finance (MEF) discussed the budget aspect of the Tourism Board on Monday. Seng Meng Hong, Tourism Secretary led the delegation to dwell upon the budget package for the operation of the Board of Study, Marketing and Tourism Promotion of Cambodia. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501501020/mef-discusses-budget-of-tourism-board/
Mekong journalism training workshop tackles fake news
Journalists from Cambodia and other Association of Southeast Asian Nations (ASEAN) countries, as well as China, participated in the third Mekong journalism training workshop on the role of media in combatting disinformation and fake news in the Artificial Intelligence (AI) context. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501501051/mekong-journalism-training-workshop-tackles-fake-news/
FASMEC urges CDC to link activities with SMEs
The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) – a non-profit organisation – on Monday proposed the Council for the Development of Cambodia (CDC) to promote local enterprises by allowing the delegation to take part in the overseas trip, luring foreign ...
Nhean Chamrong
https://www.khmertimeskh.com/501500215/fasmec-urges-cdc-to-link-activities-with-smes/
Hun Many calls for rigor in civil service recruitment drive
Hun Many, Minister of Civil Service has called for the review of the structure and function of ministries, institutions, and subnational administrations to address uncertain or redundant tasks and responsibilities. ...
Torn Vibol
https://www.khmertimeskh.com/501501063/hun-many-calls-for-rigor-in-civil-service-recruitment-drive/