Khmer Times

Cambodia’s trade with ASEAN up 13 pct in Jan.-Sept.

Cambodia’s trade volume with its fellow ASEAN member states was valued at $11.72 billion in the first nine months of 2024, up 13 percent from $10.37 billion over the same period last year, said an official report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501578605/cambodias-trade-with-asean-up-13-pct-in-jan-sept/

Cambodia to hold annual meeting on climate change in Sihanoukville from October 24-25

The Ministry of Environment, in collaboration with the Mekong Future Initiative, will hold the Annual Meeting on Cambodia Climate Change 2024 (CCCS24) at the Independent Hotel, Sihanoukville Province, from October 24 to 25, 2024, which will be chaired by Eang Sophalleth, Minister of Environment and ...

Khmer Times Staff
https://www.khmertimeskh.com/501578091/cambodia-to-hold-annual-meeting-on-climate-change-in-sihanoukville-from-october-24-25/

Cambodia’s power supply surges

Cambodia’s energy infrastructure has witnessed remarkable growth, with the country’s power generation capacity surging from 150 megawatts in 1998 to an impressive 4,814 megawatts – a 32-fold increase this year. ...

Ben Sokhean
https://www.khmertimeskh.com/501577674/cambodias-power-supply-surges/

An early look at how Cambodia’s economic vision is shaping up

There’s a broad consensus on Cambodia that it has become one of the attractive destinations of the world. In gist, it has become the apple of the eye for global investors. Going by the latest report of the Council for the Development of Cambodia – ...

Nhean Chamrong
https://www.khmertimeskh.com/501577061/an-early-look-at-how-cambodias-economic-vision-is-shaping-up/

Cambodia’s trade soars by 9.4%, worth $52 billion

Cambodia’s international trade with 170 countries exceeded $52 billion from August 2023 to July this year, an increase of 9.4 percent compared to the same period last year, said Neth Pheaktra, Minister of Information (MoI). ...

Nhean Chamrong
https://www.khmertimeskh.com/501577100/cambodias-trade-soars-by-9-4-worth-52-billion/

Cambodia earns over $397M from rubber exports in Q3

The Kingdom exported 248,535 tonnes of rubber products earning more than $397 million in the first three quarters of 2024, according to a report released by the General Directorate of Rubber on Friday. ...

Mom Kunthea
https://www.khmertimeskh.com/501577095/cambodia-earns-over-397m-from-rubber-exports-in-q3/

Cambodia makes $394 mln from rubber exports in January-September

Official data showed on Friday that Cambodia earned $394 million in revenue from exports of natural rubber latex in the first nine months of 2024, up 18 percent from $332.6 million in the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501576470/cambodia-makes-394-mln-from-rubber-exports-in-january-september/

Chanthol points up 4 key factors for FDI attraction

Peace, political stability, macroeconomic stability and multilateral and bilateral free trade agreements have played a critical role in attracting foreign direct investment (FDI) and fostering economic growth in the Kingdom, said Sun Chanthol, Deputy Prime Minister and First Vice- President of Council for the Development ...

Chea Vanyuth
https://www.khmertimeskh.com/501577098/chanthol-points-up-4-key-factors-for-fdi-attraction/

IFC, ABC to boost green finance, support growth

To help address climate change impacts and foster a sustainable financial ecosystem in Cambodia, International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space. ...

Chea Vanyuth
https://www.khmertimeskh.com/501577084/ifc-abc-to-boost-green-finance-support-growth/

Surge in donations for border infrastructure development

As the closing deadline for contributions to the Foundation for Border Infrastructure Development approaches, there has been a surge of donation. ...

Torn Vibol
https://www.khmertimeskh.com/501577682/surge-in-donations-for-border-infrastructure-development/

Cambodia collects $26.3 mln for border infrastructure development

Cambodia has raised $26.3 million from charitable people for border infrastructure development, and the fundraising campaign will be concluded by the end of the month, according to an official announcement on Sunday.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501577308/cambodia-collects-26-3-mln-for-border-infrastructure-development/

TVET key to Cambodia becoming upper middle-income country

Technical and Vocational Education and Training (TVET) has been championed by the highest levels of the Cambodian state as well as a myriad of international donors and development partners, who correctly understand it to be a cornerstone of Cambodia’s National Strategic Development Plan, Sustainable Development ...

Kevin Nauen
https://www.khmertimeskh.com/501575857/tvet-key-to-cambodia-becoming-upper-middle-income-country/

How Cambodia can achieve export diversification

Over the past decade, Cambodia has progressed in integrating into the global trade network and diversifying its exports beyond traditional products such as garments and textiles. Amid the changing global trade landscape, the country faces challenges such as trade disruptions and intensified competition. It is now ...

Khmer Times Staff
https://www.khmertimeskh.com/501575865/how-cambodia-can-achieve-export-diversification-2/

Cambodia doubles down on power infrastructure development

The government is actively working to expand its power generation and transmission capabilities to meet the country’s growing energy demands, said Keo Rottanak, Minister of Mines and Energy. ...

Chea Vanyuth
https://www.khmertimeskh.com/501575986/cambodia-doubles-down-on-power-infrastructure-development/

Private sector urged to boost food, agricultural exports

The Council for the Development of Cambodia and the Cambodian Oknha Association held discussions on the export of Cambodian food and agricultural products to France and the European Union. ...

Chea Vanyuth
https://www.khmertimeskh.com/501577093/private-sector-urged-to-boost-food-agricultural-exports/

Cambodia and China to continue strengthening iron-clad friendship and diamond cooperation

The Kingdom of Cambodia and the People’s Republic of China have vowed to strengthen their relationship, especially by further strengthening their iron-clad friendship, diamond cooperation, and comprehensive partnership. ...

Khmer Times Staff
https://www.khmertimeskh.com/501576145/cambodia-and-china-to-continue-strengthening-iron-clad-friendship-and-diamond-cooperation/

IFC and Association of Banks in Cambodia to boost green finance, support sustainable growth

To help address climate change impacts and foster a sustainable financial ecosystem in Cambodia, the International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space. ...

Khmer Times Staff
https://www.khmertimeskh.com/501576152/ifc-and-association-of-banks-in-cambodia-to-boost-green-finance-support-sustainable-growth/

Cambodia-Vietnam trade crosses $5.8B in 9 months

Cambodia-Vietnam trade volume reached $5.81 billion, up 21.9 percent from $4.77 billion in the same period in 2023, according to a report of the General Department of Customs and Excise of Cambodia (GDCE). ...

Chea Vanyuth
https://www.khmertimeskh.com/501575872/cambodia-vietnam-trade-crosses-5-8b-in-9-months/

Chinese-invested airport in Cambodia handles more than 14,000 flights in first year

The Chinese-invested Siem Reap Angkor International Airport (SAI) has handled more than 14,000 flights with 1.3 million passengers in the first year of its operation, the airport operator said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501575482/chinese-invested-airport-in-cambodia-handles-more-than-14000-flights-in-first-year/

SAI offers discounts and incentives to boost airline operations

Siem Reap Angkor International Airport Operators announced discounts on terminals and operational fees for new flights and airlines to encourage the establishment of new routes and expanding business operations at Siem Reap Angkor International Airport (SAI). ...

Khmer Times Staff
https://www.khmertimeskh.com/501575519/sai-offers-discounts-and-incentives-to-boost-airline-operations/

US election results likely to impact Cambodia’s economy

The US presidential election on November 5 is watched closely by policymakers, economic commentators and business people across the Southeast Asia region, including Cambodia given the potential impact of the poll results on the region’s trade and foreign direct investment (FDI) prospects, as well as ...

James Whitehead
https://www.khmertimeskh.com/501575225/us-election-results-likely-to-impact-cambodias-economy/

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