Khmer Times
China to advance BRI cooperation with Cambodia
The China-proposed Belt and Road Initiative (BRI) is committed to promoting the connectivity and common development of all countries, and China will continue to advance Belt and Road cooperation with Cambodia, delivering more benefits to the two peoples, Chinese Foreign Ministry spokesperson Mao Ning said ...
Khmer Times Staff
https://www.khmertimeskh.com/501296669/china-to-advance-bri-cooperation-with-cambodia/
Cambodian PM repeats appeal for improvement of internet services
Prime Minister Hun Sen re-appealed to the Internet Service Providers (ISPs) in the country to carry out competitive markets for internet service improvement, especially for those living in Borey (gated housing community). ...
Khmer Times Staff
https://www.khmertimeskh.com/501296737/cambodian-pm-repeats-appeal-for-improvement-of-internet-services/
Cambodia exports products worth $7.23 billion in January-April as deficit widens
Cambodia exported products worth $7.23 billion during the January-April period of 2023, a year-on-year decrease of 4.9 percent from 7.6 billion dollars, Prime Minister Hun Sen said on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501297920/cambodia-exports-products-worth-7-23-billion-in-january-april-as-deficit-widens/
Cambodia & UK sign MoU to strengthen trade relations
Cambodia’s ministry of commerce and the UK’s ministry of business and trade have established a Joint Trade and Investment Forum (JTIF) to strengthen trade and investment ties ...
Khmer Times Staff
https://www.khmertimeskh.com/1298940/cambodia-uk-sign-mou-to-strengthen-trade-relations/
New draft law on SEZs finalised
The Council for the Development of Cambodia recently finalised a new draft law on special economic zones (SEZs), aiming to attract investment into the country by providing incentives, enhancing transparency, and promoting fair competition. ...
Chea Vanyuth
https://www.khmertimeskh.com/501296505/new-draft-law-on-sezs-finalised/
Cambodia records sharp rise in digital payment in 2022: report
Cambodia has seen a significant rise in mobile payments as more people transition from cash-based to digital transaction options, according to a recent report by the National Bank of Cambodia (NBC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501297426/cambodia-records-sharp-rise-in-digital-payment-in-2022-report/
Cambodia emphasises continued commitment to multiparty democracy
“Cambodia’s commitment to a multiparty democracy remains steadfast,” affirmed The Spokesperson of the Ministry of Foreign Affairs and International Cooperation in a press statement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501298302/cambodia-emphasises-continued-commitment-to-multiparty-democracy/
Key features of Cambodia’s new Law on Taxation
The new Law on Taxation was promulgated on 16 May 2023 by virtue of Royal Kram No. NS/RKM/0523/004 (“Law on Taxation”) on an urgent basis and therefore has come into force from 17 May 2023. The Law on Taxation abrogates the old law on taxation ...
Khmer Times Staff
https://www.khmertimeskh.com/501296712/key-features-of-cambodias-new-law-on-taxation/
Record number of Royal Turtle hatchlings born at WCS Cambodia’s Koh Kong Reptile Conservation Center
The Wildlife Conservation Society (WCS) Cambodia reports a record-breaking 122 Royal Turtle hatchlings at the Koh Kong Reptile Conservation Center (KKRCC) during the 2023 breeding season. ...
Khmer Times Staff
https://www.khmertimeskh.com/501295269/record-number-of-royal-turtle-hatchlings-born-at-wcs-cambodias-koh-kong-reptile-conservation-center/
Chinese-invested car tire factory in Cambodia set to export close to 6 million tires per year
A Chinese-invested tire factory in Cambodia’s Sihanoukville Special Economic Zone (SSEZ) officially launched its operation on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501295184/chinese-invested-car-tire-factory-in-cambodia-set-to-export-close-to-6-million-tires-per-year/
China’s BRI flagship project in Cambodia injects momentum to growth, improving livelihoods
The Sihanoukville Special Economic Zone (SSEZ), a flagship project in Cambodia under China’s Belt and Road Initiative (BRI), has not only injected impetus into the kingdom’s economic growth, but also importantly contributed to improving livelihoods of tens of thousands of locals. ...
Khmer Times Staff
https://www.khmertimeskh.com/501295175/chinas-bri-flagship-project-in-cambodia-injects-momentum-to-growth-improving-livelihoods/
Kingdom, China to deepen trade, investment, tourism ties
Cambodia and China will jointly hold a series of events this year to boost trade, investment, tourism, and other key areas of cooperation, a senior official said. ...
Adur Pradeep
https://www.khmertimeskh.com/501294138/kingdom-china-to-deepen-trade-investment-tourism-ties/
Cabinet approves $1.7B Tonle Bassac project
The Council of Ministers on Friday approved the Tonle Bassac navigation and logistics system project worth approximately $1.7 billion to maximise the potential of Cambodia’s waterway transportation by connecting the Mekong River system to the sea after a 26-month study has been completed, said a ...
Kang Sothear
https://www.khmertimeskh.com/501294139/cabinet-approves-1-7b-tonle-bassac-project/
Cambodia’s rubber exports earn more than $200 million, up nearly 40%
Cambodia earned more than $200 million from the export of rubber and rubber products, an increase of more than 38 percent compared to the same period in 2022, reaching just over $149 million. This is according to the four-months report of 2023 of the General ...
Khmer Times Staff
https://www.khmertimeskh.com/501293951/cambodias-rubber-exports-earn-more-than-200-million-up-nearly-40/
Cabinet adopts draft law on Civil Registration and ID
The Council of Ministers on Friday passed the draft law on Civil Registration and Identification to further strengthen the protection of the right to improve the quality of all types of services for the people. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501294133/cabinet-adopts-draft-law-on-civil-registration-and-id/
PP-Bavet Expressway construction set to begin
The Royal Government of Cambodia (RGC) yesterday signed the Public-Private Partnership (PPP) contract with the Chinese infrastructure construction firm China Road and Bridge Corporation (CRBC) to start the construction of Cambodia’s second expressway project Phnom Penh-Bavet Expressway (PP-Bavet Expressway) worth $1.4 billion early next month. ...
Kang Sothear
https://www.khmertimeskh.com/501292966/pp-bavet-expressway-construction-set-to-begin/
World Bank says Cambodia needs to diversify its tourism products and improve its trade competitiveness
Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5 per cent in 2023, led by manufacturing exports, according to a World Bank report. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293706/world-bank-says-cambodia-needs-to-diversify-its-tourism-products-and-improve-its-trade-competitiveness/
World Bank: Cambodia’s economy on solid recovery path
Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5% this year, according to a World Bank (WB) report. ...
Khmer Times Staff
https://www.khmertimeskh.com/501294062/world-bank-cambodias-economy-on-solid-recovery-path/
Cambodian durian sector exploring export opportunities to China
Recently, the Samlot Durian Cluster, a durian association based in Cambodia’s Battambang province, held a meeting with several investors to discuss export opportunities to China, even though Cambodian durians have not yet secured access to this lucrative market. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293262/cambodian-durian-sector-exploring-export-opportunities-to-china/
Tax income collection accounts for 44% of yearly plan as of April
The General Department of Taxation (GDT) at the Ministry of Economy and Finance collected almost $ 1.6 billion as tax income in the first four months of this year, accounting for 44 percent of the yearly target. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293298/tax-income-collection-accounts-for-44-of-yearly-plan-as-of-april/
Cambodia’s health sector moves away from the situation left by the Khmer Rouge
Prime Minister Techo Hun Sen said the Cambodian health sector has moved away from the legacy left by the Khmer Rouge regime since 1979. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293340/cambodias-health-sector-moves-away-from-the-situation-left-by-the-khmer-rouge/
Cambodia signs contract with Chinese firm to build 2nd expressway
Cambodia on Thursday granted a concessional contract to China Road and Bridge Corporation (CRBC) to invest in constructing and operating the second expressway connecting its capital Phnom Penh with Svay Rieng province’s Bavet City on the border with Vietnam. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293216/cambodia-signs-contract-with-chinese-firm-to-build-2nd-expressway/
IRRI asks Cambodia to develop low-sugar paddy seeds
The International Rice Research Institute (IRRI) has proposed to the Ministry of Agriculture, Forestry and Fisheries (MAFF) to develop a low-sugar paddy seed technically called low glycemic index or low GI paddy seed in Cambodia, said a release. ...
Kang Sothear
https://www.khmertimeskh.com/501291581/irri-asks-cambodia-to-develop-low-sugar-paddy-seeds/
PPAP revenue dips 14% to $10.77M in four months
The Phnom Penh Autonomous Port (PPAP) posted total revenue of $10.77 million for the first four months of this year, down 14 percent from its revenue of $12.53 million for the same period in 2022. ...
Adur Pradeep
https://www.khmertimeskh.com/501291770/ppap-revenue-dips-14-to-10-77m-in-four-months/