Khmer Times

Cambodia proposes exclusive Special Economic Zone for Korean Firms to boost investment

Cambodian Prime Minister Hun Manet raised two initiatives to promote trade and investment of Korean investors in Cambodia. The premier spoke at the opening ceremony of the Cambodia-Republic of Korea Business Forum on 16 May 2024 in Seoul, South Korea.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501490362/cambodia-proposes-exclusive-special-economic-zone-for-korean-firms-to-boost-investment/

Korea FDI in Kingdom reaches $5 billion, says Prime Minister

Prime Minister Hun Manet yesterday said that the bilateral trade volume between the Republic of Korea and Cambodia reached approximately $751 million while Korea’s foreign direct investment (FDI) in the Kingdom recorded $30 million last year, taking the total FDI from the country to $5 ...

Nhean Chamrong
https://www.khmertimeskh.com/501489820/korea-fdi-in-kingdom-reaches-5-billion-says-prime-minister/

Agricultural loans fall to 31% from 36% in 5 years

As Cambodia diversifies, share of agricultural loans in rural credit falls from 35.8 percent to 31 percent in five years, as per data with the National Bank of Cambodia (NBC). ...

Rachel David
https://www.khmertimeskh.com/501490959/agricultural-loans-fall-to-31-from-36-in-5-years/

Kingdom, Korea ink 6 agreements

Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea yesterday witnessed the signing of four Memoranda of Understanding (MoUs) and two other agreements aimed at expanding multifaceted cooperation in financial development, investment flow, intellectual property, drug management, vocational training and ...

Nhean Chamrong
https://www.khmertimeskh.com/501489818/kingdom-korea-ink-6-agreements/

Cambodia’s RCEP trade up 14%

Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries rose by 13.98 percent to $11.19 billion, a report from the Ministry of Commerce said. ...

Chea Vanyuth
https://www.khmertimeskh.com/501489816/cambodias-rcep-trade-up-14/

The National Bank of Cambodia reviews measures of housing prices​

The Asian Development Bank forecast last month that Cambodia would have one of the lowest inflation rates in Southeast Asia this year if global fuel prices remain stable.​ ...

AKP
https://www.khmertimeskh.com/501490347/the-national-bank-of-cambodia-reviews-measures-of-housing-prices/

Cambodia working on climate resilient rice industry

Cambodia’s rice sector is working on transformation on the framework of climate resilience within the rice industry to get more competitiveness in the market, Sang Saran, Chairman of the Board of Directors of the Cambodia Rice Federation (CRF) said. ...

Chea Vanyuth
https://www.khmertimeskh.com/501489808/cambodia-working-on-climate-resilient-rice-industry/

Cambodia’s homestay market projected to grow at 8.22%

The homestay market in Cambodia is projected to surpass $59.3 million in earnings this year and in the next four years, it will surge to $81.34 million. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501489136/cambodias-homestay-market-projected-to-grow-at-8-22/

Cambodian pepper looks for market in Malaysia

The Cambodia Pepper and Spices Federation (CPSF) has sought ways to promote Cambodia’s peppercorn in the Malaysian market, stressing that this ASEAN nation has potential for organic pepper. ...

Chea Vanyuth
https://www.khmertimeskh.com/501489150/cambodian-pepper-looks-for-market-in-malaysia/

Meet focuses on technology’s role in sustainable agriculture

The state-run Agriculture and Rural Development Bank (ARDB) is hosting the three-day 47th Association of Development Financing Institutions (DFIs) in Asia and the Pacific’s (ADFIAP) annual meetings that kicked off in Phnom Penh, yesterday, outlining the role of technology and innovation in enhancing agricultural productivity, ...

Chea Vanyuth
https://www.khmertimeskh.com/501489148/meet-focuses-on-technologys-role-in-sustainable-agriculture/

Cambodia, Thailand bolster health and border relief cooperation

In a significant step towards enhancing regional healthcare infrastructure and border relief services, the Cambodian Ministry of Health and the Thai Ministry of Public Health have expanded their cooperation. ...

Hang Punreay
https://www.khmertimeskh.com/501489834/cambodia-thailand-bolster-health-and-border-relief-cooperation/

Bar Association initiates ‘Lawyer to the Grassroot Level’ project

The Ministry of Interior has granted permission to the Bar Association of the Kingdom of Cambodia to cooperate on legal education and aid with administrative councils across the country. ...

Hang Punreay
https://www.khmertimeskh.com/501489779/bar-association-initiates-lawyer-to-the-grassroot-level-project/

Cambodia, South Korea sign memorandum of understanding on six documents

The Government of Cambodia and the Republic of Korea (ROK) signed a Memorandum of Understanding (MoU) on six documents on the morning of May 16, under the chairmanship of Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol. ...

Khmer Times Staff
https://www.khmertimeskh.com/501489599/cambodia-south-korea-sign-memorandum-of-understanding-on-six-documents/

Cambodia records 17 pct rise in garment, footwear, travel goods export in first four months

Cambodia exported garment, footwear, and travel products (GFT) worth $3,763 million in the first four months of 2024, up 17 percent from the $3,211 million reported a year earlier, according to a report released by the Ministry of Commerce on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501489411/cambodia-records-17-pct-rise-in-garment-footwear-travel-goods-export-in-first-four-months/

Cambodia’s exports to RCEP countries up 16 percent in 4 months

Cambodia earned over $3.36 billion from exports to members of the Regional Comprehensive Economic Partnership (RCEP) in the first four months this year, up 16.2 percent from $2.89 billion recorded in the same period in 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501489447/cambodias-exports-to-rcep-countries-up-16-percent-in-4-months/

Cambodia urges ADB to expand investment to combat climate change and natural disasters

Thor Chetha, Minister of Water Resources and Meteorology, highlighted the Ministry’s priority of strengthening the forecasting system, early warning system, and early warning to vulnerable people to be vigilant as needed to reduce natural disasters and economic losses, and urged the Asian Development Bank to ...

Khmer Times Staff
https://www.khmertimeskh.com/501488991/cambodia-urges-adb-to-expand-investment-to-combat-climate-change-and-natural-disasters/

UNICEF praised over social services, child protection work

The Ministry of Interior appreciates the remarkable development progress of UNICEF’s contribution to improving the quality of social services and child protection. ...

Tith Kongnov
https://www.khmertimeskh.com/501489166/unicef-praised-over-social-services-child-protection-work/

UAE to expand economic ties with Kingdom

Prime Minister Hun Manet recently urged investors from the United Arab Emirates (UAE) to invest in Cambodia’s priority sectors such as tourism, agriculture, technology and clean energy infrastructures that can generate jobs in the country. ...

Nhean Chamrong
https://www.khmertimeskh.com/501488405/uae-to-expand-economic-ties-with-kingdom/

Ministry trains youth in trade regulations

The Ministry of Commerce has been training youngsters so that they are aware of Cambodia’s trade regulations and guidelines, governing the country’s trade and export-oriented markets. ...

Rachel David
https://www.khmertimeskh.com/501488408/ministry-trains-youth-in-trade-regulations/

Chinese firms plan to invest in Cambodia’s silk industry

A delegation from the International Silk Union (ISU) and the Cathaya Group, a Chinese company specialised in silk textiles and biotechnology, met with the Council for the Development of Cambodia (CDC) on Monday to discuss the possibility of expanding investment projects in the silk and ...

Nhean Chamrong
https://www.khmertimeskh.com/501488410/chinese-firms-plan-to-invest-in-cambodias-silk-industry/

EU Ambassador sees NA and the EP forging stronger ties

Igor Driesmans, Ambassador of the European Union (EU) to Cambodia, in a meeting with National Assembly (NA) President Khuon Sudary, expressed his firm belief for enhanced cooperation between the NA and the European Parliament (EP). ...

Hang Punreay
https://www.khmertimeskh.com/501489189/eu-ambassador-sees-na-and-the-ep-forging-stronger-ties/

Ministry requests enhanced security to promote 24-hour health centre services

The Ministry of Health has requested provincial governors to appoint local authorities, including law enforcement, to ensure security and safety at all health posts and centres nationwide, as part of its effort to promote the provision of health services 24 hours a day, seven days ...

Torn Vibol
https://www.khmertimeskh.com/501489185/ministry-requests-enhanced-security-to-promote-24-hour-health-centre-services/

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