News

GTC gets $19.97M financing from EXIM Bank for telecom infrastructure in Cambodia

Global Tower Corporation Pty Ltd (GTC), a prominent telecommunications infrastructure company in Cambodia, has secured $19.97 million in financing from Export-Import Bank of Malaysia Berhad (EXIM Bank Malaysia) to support the expansion of essential telecommunications infrastructure across the Kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501578332/gtc-gets-19-97m-financing-from-exim-bank-for-telecom-infrastructure-in-cambodia/

Cambodia exports over 2 million tonnes of fresh cassava in Q3

Cambodia’s fresh cassava market appears robust, which has seen significant growth in exports – up over 160 percent in the first three quarters of 2024. ...

Mom Kunthear
https://www.khmertimeskh.com/501579701/cambodia-exports-over-2-million-tonnes-of-fresh-cassava-in-q3/

Cambodia attracts $443 million in new FDI

Cambodia attracted Foreign Direct Investment (FDI) worth $443 million in September 2024 which could create about 25,000 more jobs for local people, it was disclosed on Wednesday. ...

Manoj Mathew
https://www.khmertimeskh.com/501579714/cambodia-attracts-443-million-in-new-fdi/

DPM Samal outlines key tasks to boost Kep tourism

Say Samal, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction (MLMUPC), Monday called on the Kep Provincial Administration (KPA) to focus on achieving the objectives of Pentagonal Strategy – Phase One’s vision aimed at expanding accessibility to clean water, electricity and ...

Nhean Chamrong
https://www.khmertimeskh.com/501578336/dpm-samal-outlines-key-tasks-to-boost-kep-tourism/

Kingdom’s exports to EU touches $3.3B in Q3

Cambodia’s export to the European Union (EU) surged to $3.29 billion in the first three quarters of 2024, up nearly 20 percent from $2.79 billion compared to the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501579698/kingdoms-exports-to-eu-touches-3-3b-in-q3/

USAID backs independent media, raises concerns over press freedom

During her historic visit to Cambodia, Samantha Power, administrator for the US Agency for International Development (USAID), announced an additional $5 million in support for civil society, workers and independent media. ...

Hong Raksmey
https://www.phnompenhpost.com/national/usaid-backs-independent-media-raises-concerns-over-press-freedom

Cambodia’s trade with RCEP countries rises to over $25 bln in first 9 months

Cambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) countries hit $25.54 billion in the first nine months of 2024, up 17.1 percent over the same period last year, a report said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501578603/cambodias-trade-with-rcep-countries-rises-to-over-25-bln-in-first-9-months/

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/

Gold sees price surge amid global uncertainty, becomes “safe asset”

Over the past two to three years, the price of gold on the international market has steadily risen, driving up prices in Cambodia, even as the country exports refined gold to global markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/gold-sees-price-surge-amid-global-uncertainty-becomes-safe-asset-

Tourism minister lays out plans to attract Chinese visitors

Newly-appointed Minister of Tourism Huot Hak, who until recently served as Minister of Inspections, has called the Kingdom’s citizens and international guests to play their part in promoting Cambodia as a tourist destination, while assuring the public that the tourism ministry is actively working with ...

Niem Chheng
https://www.phnompenhpost.com/business/tourism-minister-lays-out-plans-to-attract-chinese-visitors

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/

Phnom Penh Internet Forum calls attention to digital illiteracy and the fight for internet freedoms

Despite the rapid digitalization of Cambodia’s economy and society, many online citizens continue to struggle with digital illiteracy – particularly vulnerable groups exposed to online discrimination and fraud. As digitalization efforts increase, experts are urging the government to implement laws that protect social media users and ...

Seoung Nimol and Tang Porgech
https://cambojanews.com/phnom-penh-internet-forum-calls-attention-to-digital-illiteracy-and-the-fight-for-internet-freedoms/

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/

PM cracks down on false land requests

Hun Manet has warned against false land requests using underprivileged households as an excuse, emphasising legal action for offenders, while social analysts call for reinvestigations of fraudulent cases and stricter, clearer land allocation procedures. ...

Meas Molika
https://kiripost.com/stories/pm-cracks-down-on-false-land-requests

Cambodia eyes boost in Australian investment

Australian ambassador to Cambodia Derek Yip expressed interest in Cambodia’s infrastructure development plans, as trade between the two countries exceeded $220 million in the first three quarters of 2024. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-eyes-boost-in-australian-investment

WWF raise alarm at falling muntjac population

WWF Cambodia has expressed concerns over a drastic decline in the Northern red muntjac population (Muntiacus vaginalis), which has dropped by more than 60% within just six years in the Phnom Prich Wildlife Sanctuary in Mondulkiri province. The organisation attributed the decline primarily to the ...

Phak Seangly
https://www.phnompenhpost.com/national/wwf-raise-alarm-at-falling-muntjac-population

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