Khmer Times

PM spells out strategies to make Cambodia high-income by 2050

Prime Minister Hun Manet Monday pointed out five recommendations to promote economic and trade development to transform Cambodia into a middle-income country by 2030 and a high-income country by 2050. ...

Nhean Chamrong
https://www.khmertimeskh.com/501574413/pm-spells-out-strategies-to-make-cambodia-high-income-by-2050/

Royal Government issues sub-decree to allow the use of new 200,000 Riel banknotes

The Royal Government of Cambodia has issued a sub-decree authorizing the issuance, circulation and use of a new 200,000 Riels banknote in the Kingdom of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501574785/royal-government-issues-sub-decree-to-allow-the-use-of-new-200000-riel-banknotes/

Cambodia, France to elevate bilateral relations by 2026

Cambodia and France outlined a comprehensive roadmap aimed at enhancing their bilateral relations, agreeing to work towards establishing a strategic partnership by 2026. ...

Ben Sokhean
https://www.khmertimeskh.com/501574457/cambodia-france-to-elevate-bilateral-relations-by-2026/

PM warns against exploiting vulnerable communities for state land

Prime Minister Hun Manet issued a warning to those who exploit the hardships of the people to pursue their ambitions of seizing state land. ...

Khmer Times Staff
https://www.khmertimeskh.com/501574699/pm-warns-against-exploiting-vulnerable-communities-for-state-land/

EU ready to help Cambodia tackle online scams and human trafficking

As Cambodia is being heavily criticised by some quarters over its “inability” to curb online scamming involving modern forms of human trafficking, the EU Ambassador in Cambodia reassured that the European Union is always willing to assist the country in alleviating the problem. ...

Taing Rinith
https://www.khmertimeskh.com/501574469/eu-ready-to-help-cambodia-tackle-online-scams-and-human-trafficking/

Cambodia, Laos to upgrade trade, investment ties

After the recent withdrawal from the development pact known as the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA), the Royal Government of Cambodia (RGC) shifted its stance to promote bilateral cooperation with the Lao People’s Democratic Republic (PDR) including the removal of double taxation, trade, tourism and ...

Nhean Chamrong
https://www.khmertimeskh.com/501571530/cambodia-laos-to-upgrade-trade-investment-ties/

NBC alerts of potential financial losses against illegal loans

The National Bank of Cambodia (NBC) Tuesday warned the public against the availing illegal loan services, emphasizing the potential financial losses and significant risks. ...

Chea Vanyuth
https://www.khmertimeskh.com/501571532/nbc-alerts-of-potential-financial-losses-against-illegal-loans/

Cambodia faces increasing vulnerability to climate change

Cambodia is increasingly vulnerable to climate change, with projections indicating that the country’s average temperature could rise by between 1.0 degrees Celsius and 2.6 degrees Celsius by 2050. ...

Ben Sokhean
https://www.khmertimeskh.com/501571551/cambodia-faces-increasing-vulnerability-to-climate-change/

Ministry preparing seed distribution to farmers after flood damage

The National Committee for the Management of the Reserve Food System of the Ministry of Economy and Finance stated they are preparing over 5,000 tonnes of rice and vegetable seeds to help people reseed their crops affected by flooding of the Mekong River. ...

Tith Kongnov
https://www.khmertimeskh.com/501572184/ministry-preparing-seed-distribution-to-farmers-after-flood-damage/

PM urges ASEAN to maintain multilateral trading system

Prime Minister Hun Manet has called on the Association of Southeast Asian Nations (ASEAN) to maintain a just and inclusive multilateral trading system and to broaden trade cooperation with its partners. ...

Khmer Times Staff
https://www.khmertimeskh.com/501572478/pm-urges-asean-to-maintain-multilateral-trading-system/

IMF will continue to partner with Cambodia to ensure development

The International Monetary Fund (IMF) will continue to partner with Cambodia to ensure sustainable, inclusive, and resilient socio-economic development. ...

Khmer Times Staff
https://www.khmertimeskh.com/501572479/imf-will-continue-to-partner-with-cambodia-to-ensure-development/

World Bank backs Cambodia’s long-term economic vision

Amid regional and global economic uncertainties, the World Bank is set to approve the Country Partnership Framework (CPF) 2025-2029 to support the Royal Government of Cambodia (RGC) in achieving its long-term vision of becoming a middle-income country by 2030 and a high-income country by 2050. ...

Nhean Chamrong
https://www.khmertimeskh.com/501572157/world-bank-backs-cambodias-long-term-economic-vision/

Exports soar to nearly $20 billion in Q3

Cambodia exported goods worth approximately $19.8 billion during the first three quarters of 2024, up 17 percent from $16.9 billion recorded in the same period last year, a report from the General Department of Customs and Excise of Cambodia showed on Thursday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501572159/exports-soar-to-nearly-20-billion-in-q3/

Cambodia, Thailand hold talks to set up SEZs

Cambodia and Thailand Wednesday held talks on establishing special economic zones, enhancing people-to-people connections, promoting tourism, besides strengthening bilateral cooperation between the two countries. ...

Mom Kunthear
https://www.khmertimeskh.com/501572163/cambodia-thailand-hold-talks-to-set-up-sezs/

Minimum wage increase, a strategic response to economic climate in Kingdom

The recent announcement by Prime Minister Hun Manet regarding the minimum wage increase to $208 per month for 2025 reflects a strategic response to the economic climate in Cambodia and globally, said a release by the Ministry of Labour and Vocational Training (MLVT) on Wednesday. ...

Mom Kunthear
https://www.khmertimeskh.com/501572155/minimum-wage-increase-a-strategic-response-to-economic-climate-in-kingdom/

NBC, MoC call for wider use of Riel

The National Bank of Cambodia (NBC) and the Ministry of Commerce (MoC) Wednesday organized a seminar aimed at promoting financial inclusion and encouraging the wider use of the Cambodian Riel (KHR) in the domestic economy. ...

Chea Vanyuth
https://www.khmertimeskh.com/501572151/nbc-moc-call-for-wider-use-of-riel/

Pursat Governor urges farmers to limit dry season rice cultivation

Pursat Provincial Governor Khoy Rida has urged farmers to refrain from planting dry season rice more than twice, citing potential irrigation water shortages, particularly in areas distant from water sources. ...

Torn Vibol
https://www.khmertimeskh.com/501570861/pursat-governor-urges-farmers-to-limit-dry-season-rice-cultivation/#google_vignette

Over $5 billion investment projects registered in Q3

Cambodia has secured 315 fixed-asset investment projects worth $5.28 billion during the first nine months of this year, a report from the Council for the Development of Cambodia (CDC) showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570842/over-5-billion-investment-projects-registered-in-q3/

NEC readies first council election for new Kampong Som city

Election for a new city in Preah Sihanouk province has been officially scheduled for January next year. The National Election Committee (NEC) has picked January 26, 2025 for electing the Kampong Som City Council for the first time ever. ...

Torn Vibol
https://www.khmertimeskh.com/501571568/nec-readies-first-council-election-for-new-kampong-som-city/

King appoints new member to Privy Council

The royal decree signed on Tuesday ordered the appointment of Pol Saroeun, Government Adviser and former Commander-in-Chief of the Royal Cambodian Armed Forces; Khieu Kanharith, Member of Parliament for Kampong Cham province and former Minister of Information; and Cham Prasidh, Member of Parliament for Kep ...

Hang Punreay
https://www.khmertimeskh.com/501571572/king-appoints-new-member-to-privy-council/

Cambodia launches social service training curriculum to address child violence, exploitation

Cambodia on Monday officially launched a comprehensive training curriculum and master training plan for the social service workforce to curb child violence and exploitation, according to a joint press release. ...

Khmer Times Staff
https://www.khmertimeskh.com/501571163/cambodia-launches-social-service-training-curriculum-to-address-child-violence-exploitation/

Cambodia promotes clean energy development

The government is focusing on boosting clean and renewable energy through a group of power projects approved for the 2024-2029 period in line with the government’s sustainable development goals. ...

Khmer Times Staff
https://www.khmertimeskh.com/501570570/cambodia-promotes-clean-energy-development/

Bicycle export earns $278M in first eight months

Cambodia exported $278 million worth of bicycles including electric bicycles in the first eight months of this year, a 30 percent decrease year-on-year compared to the same period last year, a report by the General Department of Customs and Excise showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570205/bicycle-export-earns-278m-in-first-eight-months/

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