Khmer Times

Cambodia sees record high air passengers in 2024

Cambodia’s three international airports handled a combined 5.65 million air passengers in 2024, up 39.8 percent from 4.04 million a year before, a report from the State Secretariat of Civil Aviation (SSCA) showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501617691/cambodia-sees-record-high-air-passengers-in-2024/

Cambodia draws over 3.5M tourists on New Year’s Eve

The Ministry of Tourism (MoT) yesterday reported that Cambodia welcomed 3.54 million tourists during the last two days of 2024. This figure included nearly 50,000 foreigners while citizens accounted for 3.49 million. ...

Nhean Chamrong
https://www.khmertimeskh.com/501617698/cambodia-draws-over-3-5m-tourists-on-new-years-eve/

Cambodia’s economy is projected to grow by 6.3% in 2025

As Cambodia ushers in 2025, its economic outlook reflects a mix of steady progress and high aspirations. As outlined in its medium-term public finance framework, the government forecasts an economic growth rate of approximately 6.3% for 2025. ...

Khmer Times Staff
https://www.khmertimeskh.com/501618029/cambodias-economy-is-projected-to-grow-by-6-3-in-2025/

Prey Veng earns $836 million from rice exports to Vietnam

As of mid-December, Prey Veng rice exports to Vietnam reached 2.94 million tonnes worth over $836.67 million, reported the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Monday. ...

Nhean Chamrong
https://www.khmertimeskh.com/501614758/prey-veng-earns-836-million-from-rice-exports-to-vietnam/

Japan to provide $7.2M to Kingdom for high-tech urban planning

Cambodia and Japan signed a deal yesterday for more than $7 million in grant aid to help the Kingdom with its high-priority urban planning and land management strategy. ...

Terry Friel
https://www.khmertimeskh.com/501614763/japan-to-provide-7-2m-to-kingdom-for-high-tech-urban-planning/

Cambodia, Vietnam agree to tap e-commerce, digital economy

The Council for the Development of Cambodia (CDC) Wednesday encouraged Vietnamese investors to invest and collaborate with Cambodian companies, particularly in high-potential sectors that can integrate with production supply chains in Vietnam. ...

Mom Kunthea
https://www.khmertimeskh.com/501614765/cambodia-vietnam-agree-to-tap-e-commerce-digital-economy/

Govt’s new policies, incentives to develop border areas

Prime Minister Hun Manet Wednesday said that the Royal Government has set a goal to transform and develop border areas nationwide, starting with the northeastern border. ...

Nhean Chamrong
https://www.khmertimeskh.com/501614767/govts-new-policies-incentives-to-develop-border-areas/

Cambodia’s banking financial institutions record 2.2 pct credit growth in first 10 months of 2024

According to a news release from the National Bank of Cambodia (NBC) on Wednesday, Cambodia’s banking and financial institutions reported slow growth in lending during the first 10 months of 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501614999/cambodias-banking-financial-institutions-record-2-2-pct-credit-growth-in-first-10-months-of-2024/

Cambodia’s GDP to touch over $51 billion in 2025

Cambodia’s economy is projected to continue its momentum with an expected growth rate of approximately 6.3 percent, according to the Royal Government’s assessment of the medium-term public financial framework for 2025. ...

Sum Manet
https://www.khmertimeskh.com/501614775/cambodias-gdp-to-touch-over-51-billion-in-2025/

NBC urged to speed up opening branch in Mondulkiri

Deputy Governor of Mondulkiri Provincial Administration Lon Sopheap Monday urged the National Bank of Cambodia (NBC) to accelerate the opening of its branch, which would help promote the use of riel currency and facilitate the Bakong and KHQR systems. ...

Nhean Chamrong
https://www.khmertimeskh.com/501614098/nbc-urged-to-speed-up-opening-branch-in-mondulkiri/

MoC registers 9,412 trademarks in 11 months

The Ministry of Commerce has registered 9,412 trademarks as intellectual property in the first 11 months of this year, a year-on-year increase of 9.2 percent, according to a ministry’s annual report. ...

Chea Vanyuth
https://www.khmertimeskh.com/501614106/moc-registers-9412-trademarks-in-11-months/

Cambodia’s exports to RCEP countries up 14 percent

The Kingdom exported $8,255 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) countries in the first 11 months of this year, up 14.35 percent from $7,219 million in the same period last year, said a report released by the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/501614108/cambodias-exports-to-rcep-countries-up-14-percent/

Cambodia, Vietnam commit to strengthening bilateral ties, trust

Cambodia and Vietnam have reaffirmed their commitment to bolstering bilateral relations, enhancing cooperation, and fostering mutual trust as good neighbours. ...

Hang Punreay
https://www.khmertimeskh.com/501613527/cambodia-vietnam-commit-to-strengthening-bilateral-ties-trust/

MoWA, MoH step up support for GBV victims

Survivors of gender-based violence (GBV) now have proper access to services and safe space for seeking support in Cambodia through One Stop Service Units (OSSUs). ...

Phuong Sothiny
https://www.khmertimeskh.com/501613497/mowa-moh-step-up-support-for-gbv-victims/

MoT launches skills development program in Kampong Chhnang

The Ministry of Tourism (MoT) Monday officially launched the Skills Development Program (SDP) Phase 3 (2024–2028) in Kampong Chhnang province to enhance tourism service quality by strengthening the professional skills of tourism operator staff. ...

Mom Kunthea
https://www.khmertimeskh.com/501613474/mot-launches-skills-development-program-in-kampong-chhnang/

Preah Vihear earns $170M from three potential crops

Rice, cassava, and cashew nuts in Preah Vihear province generated over $170 million revenue in 2024, said the provincial director of the Department of Agriculture on Saturday. ...

Mom Kunthea
https://www.khmertimeskh.com/501613480/preah-vihear-earns-170m-from-three-potential-crops/

Exports through SEZs reach $5.4 billion in 11 months

Cambodia’s exports through Special Economic Zones (SEZs) reached $5.4 billion in the first 11 months of this year, a report from the Ministry of Commerce showed yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501613484/exports-through-sezs-reach-5-4-billion-in-11-months/

KOICA committed to support agriculture extension services in Cambodia

On December 23, 2024, Choi Moonjung, the Country Director of the KOICA Cambodia office, held a meeting with Dith Tina, the Minister of the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

Khmer Times Staff
https://www.khmertimeskh.com/501613740/koica-committed-to-support-agriculture-extension-services-in-cambodia/

NBC says Ratanakiri transacts 91 percent of riel currency

The National Bank of Cambodia (NBC) Friday said that 91 percent of transactions in Ratanakiri are conducted in riel. ...

Nhean Chamrong
https://www.khmertimeskh.com/501612864/nbc-says-ratanakiri-transacts-91-percent-of-riel-currency/

WB highlights key barriers for businesses in Kingdom

‘Cambodia Economic Update December 2024’, the World Bank report released recently records several business barriers that continue to inhibit the labour productivity of Cambodian-based businesses, reducing the ability of some enterprises to successfully expand operations in the country. ...

James Whitehead
https://www.khmertimeskh.com/501612860/wb-highlights-key-barriers-for-businesses-in-kingdom/

Cambodia set to unveil strategic program to boost competitiveness

Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth Friday said that the Royal Government plans to launch a program to ‘promote competitiveness, increase diversification and strengthen resilience for economic growth in a highly uncertain global environment 2025-2028’. ...

Mom Kunthea
https://www.khmertimeskh.com/501612868/cambodia-set-to-unveil-strategic-program-to-boost-competitiveness/

Cambodia’s investment climate shows promising trends

The investment climate in Cambodia is showing significant growth in 2024, with promising opportunities and positive growth trends in the coming years, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC).​ ...

Sum Manet
https://www.khmertimeskh.com/501612866/cambodias-investment-climate-shows-promising-trends/

UN confirms Cambodia to shed LDC status in 2029

In a landmark moment for Cambodia, the UN General Assembly adopted a resolution later last week confirming the graduation of Cambodia from the Least Developed Countries (LDC) category in 2029 along with the African country Senegal. ...

Manoj Mathew
https://www.khmertimeskh.com/501612877/un-confirms-cambodia-to-shed-ldc-status-in-2029/

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