Khmer Times
Cambodia’s tax revenue from casinos, game of chance operators up 85 pct in 2024
Cambodia earned tax revenue of $63.1 million from casinos and game of chance operators in 2024, a year-on-year increase of 85 percent, according to data from the Commercial Gambling Management Commission of Cambodia (CGMC) released on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501621182/cambodias-tax-revenue-from-casinos-game-of-chance-operators-up-85-pct-in-2024/
Govt launches digital property services nationwide
The Ministry of Land Management, Urban Planning & Construction (MLMUPC) yesterday launched a digital system for property services, enabling individuals to sell, gift, mortgage and pledge their assets across the country. ...
Nhean Chamrong
https://www.khmertimeskh.com/501620357/govt-launches-digital-property-services-nationwide/
Real estate, construction loans hit $13.51 billion
The construction and real estate sectors in Cambodia have shown positive signs in 2024, with lending to these sectors increasing to $13.51 billion as of October 2024, according to a report by the National Bank of Cambodia (NBC) released at the end of December 2024. ...
Sum Manet
https://www.khmertimeskh.com/501619734/real-estate-construction-loans-hit-13-51-billion/
Australian firm reports record production at Mondulkiri gold mine
Australia’s Emerald Resources NL has announced record output from its Okvau gold mine in Mondulkiri province for the December quarter of 2024. ...
Terry Friel
https://www.khmertimeskh.com/501620363/australian-firm-reports-record-production-at-mondulkiri-gold-mine/
MME on track to achieve 2030 RE target
The Ministry of Mines and Energy (MME) has accelerated its efforts to achieve the target of 70 percent of power generated from renewable energy (RE) sources in the total power mix by 2030. ...
Manoj Mathew
https://www.khmertimeskh.com/501619710/mme-on-track-to-achieve-2030-re-target/
Ministry mulls expanding modern vegetable farming in Takeo
A senior official for the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday said that the modern vegetable farming community in Takeo province’s Tram Kak district will add 100 more net houses in the next two to three months to ensure sustainable supply to the ...
Mom Kunthea
https://www.khmertimeskh.com/501620941/ministry-mulls-expanding-modern-vegetable-farming-in-takeo/
K Cham’s economy grew by 8.6% in 2024
Kampong Cham province’s economy grew by 8.6 percent to reach $2.65 billion driven primarily by the agricultural, industrial, and service sectors, according to a report by Un Chanda, Governor of Kampong Cham Province. ...
Sum Manet
https://www.khmertimeskh.com/501620938/k-chams-economy-grew-by-8-6-in-2024/
Kampot Int’l Tourism Port targets 1 million tourists next year
The newly opened Kampot International Tourism Port (KITP) expects to attract half a million Cambodian and international tourists this year, doubling to 1 million next year. ...
Terry Friel
https://www.khmertimeskh.com/501620945/kampot-intl-tourism-port-targets-1-million-tourists-next-year/
Minimum wage hike will sustain investment competitiveness
The new minimum wage set by the Royal Government came into effect this month. This will enhance productivity and foster harmonious professional relations between employers, unions and stakeholders, said a top government official on Friday. ...
Mom Kunthea
https://www.khmertimeskh.com/501619722/minimum-wage-hike-will-sustain-investment-competitiveness/
MISTI introduces seven new online public services
The Ministry of Industry, Science, Technology & Innovation (MISTI) has unveiled seven new online public services, further boosting accessibility, efficiency, and transparency in its operations. ...
Ben Sokhean
https://www.khmertimeskh.com/501620369/misti-introduces-seven-new-online-public-services/
Minimum wage for 2025 keeping Cambodia competitive in attracting investments, says economic expert
The minimum wage of $208 for workers in the garment, textile, footwear, and travel goods sectors will be implemented starting in January 2025. ...
Khmer Times Staff
https://www.khmertimeskh.com/501618428/minimum-wage-for-2025-keeping-cambodia-competitive-in-attracting-investments-says-economic-expert/
Cambodia records significant 48 percent increase in number of Chinese tourists to Angkor
Cambodia reported a 48 percent increase in the number of Chinese tourists to the UNESCO-listed Angkor Archaeological Park in 2024; an official report showed on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501618883/cambodia-records-significant-48-percent-increase-in-number-of-chinese-tourists-to-angkor/
Cambodia-Korea trade reaches $762 mil in 2024, 11.49% growth
The bilateral trade volume between Cambodia and South Korea reached $762 million by the end of last year, reflecting an 11.49% increase compared to the previous year. Cambodian exports accounted for $288 million of this total, rising by 13.77%, according to the Ministry of Commerce. ...
Khmer Times Staff
https://www.khmertimeskh.com/501618608/cambodia-korea-trade-reaches-762-mil-in-2024-11-49-growth/
Cambodia, Australia discuss strengthening relations and expanding cooperation
Cambodian Deputy Prime Minister Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, received a courtesy call from Derek Yip, Ambassador of Australia to Cambodia, at the ministry on January 2. ...
Khmer Times Staff
https://www.khmertimeskh.com/501618740/cambodia-australia-discuss-strengthening-relations-and-expanding-cooperation/
Cambodia achieves 74% drop in malaria cases in 2024
Cambodia achieved significant progress in its fight against malaria, with cases dropping by 74% in 2024, a health official said. Huy Rekol, Director of the National Center for Parasitology, Entomology, and Malaria Control, said that malaria cases fell from 1,384 in 2023 to just 355 ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/501619100/cambodia-achieves-74-drop-in-malaria-cases-in-2024/
NBC urges vigilance against USD counterfeits
The National Bank of Cambodia (NBC), yesterday, urged Banking and Financial Institutions (BFIs), as well as the public, to help prevent the circulation of counterfeit US dollar (USD) banknotes in Cambodia. ...
Sum Manet
https://www.khmertimeskh.com/501618289/nbc-urges-vigilance-against-usd-counterfeits/
MFIs restructure nearly $400M in loans
As of November 2024, microfinance institutions (MFIs) across the board have restructured loan balances of over 96,000 clients amounting to nearly $400 million, according to a report released by the Cambodia Microfinance Association (CMA) yesterday. ...
Sum Manet
https://www.khmertimeskh.com/501618247/mfis-restructure-nearly-400m-in-loans/
Trade with Japan, Canada sees growth in 2024
The G7 nations of Japan and Canada are on track to be Cambodia’s fifth and sixth largest trading partners respectively in 2024, according to recent data released by the General Department of Customs and Excise (GDCE). The exchanges between the two countries and the Kingdom ...
James Whitehead
https://www.khmertimeskh.com/501618265/trade-with-japan-canada-sees-growth-in-2024/
Govt urges MSMEs to register for access to support programs
The Royal Government through the Ministry of Industry, Technology, Science, and Innovation (MITSI) has encouraged micro, small, and medium-sized enterprises (MSMEs) to formally register with relevant authorities to access the government’s support program. ...
Chea Vanyuth
https://www.khmertimeskh.com/501618277/govt-urges-msmes-to-register-for-access-to-support-programs/
NSSF covers extra 500,000 Cambodians in 2024
In a significant development, the National Social Security Fund (NSSF) coverage in 2024 increased to include an extra half a million citizens, bringing the total number of beneficiaries to 7.57 million people. ...
Torn Vibol
https://www.khmertimeskh.com/501617204/nssf-covers-extra-500000-cambodians-in-2024/
Cambodia to launch new REC scheme to boost sustainability
A new renewable energy certificate (REC) system will soon be introduced to encourage the growth of renewable energy and support manufacturing factories through boosting competitiveness and enhancing market access of Cambodia’s manufacturing sector in the global market. ...
Chea Vanyuth
https://www.khmertimeskh.com/501616527/cambodia-to-launch-new-rec-scheme-to-boost-sustainability/
Minister: Govt’s top priorities are maintaining stable agricultural prices, deploying commune agricultural officers, and building modern agricultural communities
Dith Tina, Minister of Agriculture, Forestry, and Fisheries, highlighted the government’s priority policies, including maintaining stable agricultural prices, deploying commune agricultural officers, and building modern agricultural communities, which must be paid attention to and implemented effectively and efficiently. ...
Tonle Sap Lake contributes $2 billion annually to economy
Tonle Sap Lake, the largest natural lake in Southeast Asia and regarded as the cornerstone of Khmer civilization, has provided immense economic benefits, contributing approximately $2 billion annually through fisheries, transportation, and tourism, according to a top government official. ...
Sum Manet
https://www.khmertimeskh.com/501617685/tonle-sap-lake-contributes-2-billion-annually-to-economy/
Govt securing water resources through land security
Officials from the Ministry of Water Resources and Meteorology (MOWRAM) and Ministry of Land Management, Urban Planning and Construction (MLMUPC) are in a rush to register land titles for key government-owned water resources around the country to prevent land grabs and disputes. ...
Terry Friel
https://www.khmertimeskh.com/501617689/govt-securing-water-resources-through-land-security/