News

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/

New AEO trade initiative set to draw more players to Cambodia

Cambodia’s new AEO (authorised economic operator) programme – and implementation thereof by Customs (GDCE) – will make life more convenient for investors and support initiatives to attract additional players to the Cambodian market, observers have claimed. ...

Hin Pisei
https://www.phnompenhpost.com/business/new-aeo-trade-initiative-set-draw-more-players-cambodia

CSX-listed state firms post dull results for start of 2023

Two local public-listed state-owned enterprises (SOE) have posted financial results for either the first three or four months of the year, which fell somewhat short of expectations, as local, regional and global economies continue to feel the shockwaves of the Russo-Ukrainian conflict. ...

May Kunmakara
https://www.phnompenhpost.com/business/csx-listed-state-firms-post-dull-results-start-2023

Royal turtles on verge of comeback: Official

Ministry of Environment spokesman Neth Pheaktra called on fishermen to help conserve the endangered royal turtle (batagur affinis). The species, also known as the Southern river terrapin, are on the verge of extinction in Cambodia, but a successful breeding programme is offering some hope. ...

Samban Chandara
https://www.phnompenhpost.com/national/royal-turtles-verge-comeback-official

Claims over CP election exclusion dismissed

The Ministry of Foreign Affairs and International Cooperation has dismissed remarks by critics regarding the National Election Committee’s (NEC) decision to disqualify the Candlelight Party (CP) from the July 23 general election. The ministry described comments by “a handful of critics” as “misleading and politically ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national-politics/claims-over-cp-election-exclusion-dismissed

Koh Kong int’l airport not set for trial flights: governor

Koh Kong provincial governor Mithona Phouthong has warned that proposed flight trials at the province’s Dara Sakor International Airport could possibly be postponed as the developers need more time to complete construction and address some remaining shortcomings. ...

Van Socheata
https://www.phnompenhpost.com/business/koh-kong-intl-airport-not-set-trial-flights-governor

Cambodia rolls out UN-linked five-year green economy plan

The environment ministry on May 12 formally rolled out the five-year Partnership for Action on Green Economy (PAGE) Cambodia, in an affirmation of the Kingdom’s commitment towards sustainability and inclusivity in economic growth. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-rolls-out-un-linked-five-year-green-economy-plan

Some 100 rare fish released into Mekong

The Wonders of the Mekong project and the National Fisheries Administration – in collaboration with the Fisheries Administration in Stung Treng province – released 100 endangered fish into the Mekong River on May 16, said a Fisheries Administration official. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/some-100-rare-fish-released-mekong

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/

Private sector investment key to Asia infrastructure

Governments in Asia must create a more conducive environment to encourage private sector investment in infrastructure construction, according to experts, who advocate an innovative financing mechanism. ...

Khmer Times Staff
https://www.khmertimeskh.com/501292625/private-sector-investment-key-to-asia-infrastructure/

RCEP, FTAs to put region, Cambodia in better position to recover from pandemic impacts

The Regional Comprehensive Economic Partnership (RCEP) trade pact and bilateral free trade agreements will put the region and Cambodia in a better position to recover from the impacts of the COVID-19 pandemic, a Cambodian scholar said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501292617/rcep-ftas-to-put-region-cambodia-in-better-position-to-recover-from-pandemic-impacts/

Preap Kol joins CPP to use his capacity for government reform

Preap Kol, the former Executive Director of Transparency International Cambodia, decided to join the Cambodian People’s Party to use his ability and work experience to participate in the reform of good governance, anti-corruption and technical work with government in the seventh mandate. ...

Hang Punreay
https://www.khmertimeskh.com/501291706/preap-kol-joins-cpp-to-use-his-capacity-for-government-reform/

GDT allows taxpayers to adjust annual tax online

The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has issued an instruction on procedures to enable taxpayers who are owners of registered businesses to make online adjustments of their online filing on annual tax on income (ToI E-Filing), a ...

Kang Sothear
https://www.khmertimeskh.com/501290817/gdt-allows-taxpayers-to-adjust-annual-tax-online/

Cambodia commits to combat climate change to achieve SDGs

During the annual meeting of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), Cambodia’s representative said the Kingdom is both ready to and committed to accelerate climate action to achieve the sustainable development goals. ...

Taing Rinith
https://www.khmertimeskh.com/501291705/cambodia-commits-to-combat-climate-change-to-achieve-sdgs/

Cambodia calls for collective action to protect wildlife

Cambodia on Tuesday called for collective action from stakeholders ranging from relevant organizations, local authorities, private sector and local communities to protect wildlife and other natural resources. ...

Khmer Times Staff
https://www.khmertimeskh.com/501291924/cambodia-calls-for-collective-action-to-protect-wildlife/

122 rare Royal Turtles hatch in captivity in Cambodia

Some 122 nearly extinct Royal Turtle babies hatched in an artificial sandbank at the Koh Kong Reptile Conservation Center (KKRCC) in southwest Cambodia’s Koh Kong province so far this year, said a KKRCC’s report on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501291932/122-rare-royal-turtles-hatch-in-captivity-in-cambodia/

Cambodia, UN discuss mine clearance cooperation

Cambodian Senior Minister and First Vice President of the Cambodian Mine Action and Victim Assistance Authority (CMAA) Ly Thuch has met with Mrs. Armida Salsiah Alisjahbana, Under-Secretary-General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and Pacific (ESCAP) ...

Khmer Times Staff
https://www.khmertimeskh.com/501291988/cambodia-un-discuss-mine-clearance-cooperation/

175 tenants employ ‘30,000’ at S’ville SEZ

The Sihanoukville Special Economic Zone (SSEZ), the Kingdom’s largest industrial park in terms of size and occupancy, now houses 175 tenants, which employ about 30,000 people, according to local reports. Notable nationalities of enterprise owners include China and the US, as well as those from ...

ហ៊ិន ពិសី
https://www.postkhmer.com/business/2023-05-15-0647-250046.html

Int’l trade slips but deficit dips 72%

Cambodia’s international trade volume reached $15.611 billion in the first four months of 2023, down 14.10 per cent year-on-year from $17.650 billion, while the trade deficit for the period narrowed by nearly three-quarters on an annual basis, according to provisional figures from the General Department ...

Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-slips-deficit-dips-72

Cambodia rolls out UN-linked five-year green economy plan

The environment ministry on May 12 formally rolled out the five-year Partnership for Action on Green Economy (PAGE) Cambodia, in an affirmation of the Kingdom’s commitment towards sustainability and inclusivity in economic growth. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-rolls-out-un-linked-five-year-green-economy-plan

New tourism-recovery loans slowing: SME Bank

A total of $53.46 million in loans have been disbursed to 346 tourism-linked businesses through state-owned Small and Medium Enterprise Bank of Cambodia Plc’s (SME Bank) $150 million Tourism Recovery Co-Financing Scheme (TRCS) as of April 30, since the loans began to be offered in ...

May Kunmakara
https://www.phnompenhpost.com/business/new-tourism-recovery-loans-slowing-sme-bank

Boeung Tonle Chhmar, an important foraging habitat for waterbirds in Tonle Sap

Boeung Tonle Chhmar is an important foraging habitat for waterbirds in Tonle Sap, according to a news release of NatureLife Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501291186/boeung-tonle-chhmar-an-important-foraging-habitat-for-waterbirds-in-tonle-sap/

Over 2,000 Cambodians receive free medical examination in the capital and Siem Reap

More than 830 wounded and sick soldiers, policy beneficiary families and people in Bakong district, Siem Reap province and about 1,200 people in Russey Keo district, Phnom Penh capital of Cambodia, have been examined, given free gifts and medicines by a delegation of Can Tho ...

Khmer Times Staff
https://www.khmertimeskh.com/501291202/over-2000-cambodians-receive-free-medical-examination-in-the-capital-and-siem-reap/

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