News

US lauds Cambodia’s Chairmanship of ASEAN

The US has spoken highly of Cambodia’s leadership as ASEAN Chair during this challenging year, according to Eang Sophalleth, Personal Assistant to the Cambodian Premier. ...

Khmer Times Staff
https://www.khmertimeskh.com/501190596/us-lauds-cambodias-chairmanship-of-asean/

Chinese modernization delivers economic growth for the world, says Cambodian Think Tank director

“China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world,” said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International ...

Khmer Times Staff
https://www.khmertimeskh.com/501190553/chinese-modernization-delivers-economic-growth-for-the-world-says-cambodian-think-tank-director/

Cambodia’s textile body GMAC is now officially renamed TAFTAC

Cambodia’s industry trade body Garment Manufacturers Association in Cambodia (GMAC) will now be known as the Textile, Apparel, Footwear, and Travel Goods Association in Cambodia (TAFTAC) after it was officially renamed in a recently held ceremony attended by Cambodia’s army commander Lieutenant General Hun Manet. ...

Khmer Times Staff
https://www.khmertimeskh.com/501190624/cambodias-textile-body-gmac-is-now-officially-renamed-taftac/

Over 19,300 businesses registered with MEF portal

More than 19,300 businesses with $5.51 billion in investment capital have been registered with the government’s single platform – Online Business Registration System – till November. ...

Chea Vanyuth
https://www.khmertimeskh.com/501189424/over-19300-businesses-registered-with-mef-portal/

Cambodia urged to develop green finance ecosystem

Cambodia needs to cultivate a conducive ecosystem for the development of its green finance market and make it sustainable and attractive for potential investors, experts said at a forum yesterday while calling upon both the government and the private sector to take the initiatives in ...

Manoj Mathew
https://www.khmertimeskh.com/501189599/cambodia-urged-to-develop-green-finance-ecosystem/

Eco-tourism key to post-Covid recovery

Minister of Tourism Thong Khon on November 21 outlined seven key recommendations for more efficient and effective post-Covid-19 development of the eco- and community-based tourism segments, with emphasis on turning challenges into opportunities. ...

Hin Pisei
https://www.phnompenhpost.com/business/eco-tourism-key-post-covid-recovery

SME Bank loans top $410M, help over 3K businesses

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed some $418 million in loans to at least 3,185 small- and medium-sized enterprises (SME) since its foundation, as of October 31, to keep them from going under during the height of ...

May Kunmakara
https://www.phnompenhpost.com/business/sme-bank-loans-top-410m-help-over-3k-businesses

Small businesses urged to register with NSSF

The National Social Security Fund (NSSF) has instructed its officials to focus on outreach to small enterprises and encourage them to register with the NSSF, noting that some of the businesses obligated to pay into the fund in its first month have been slow to ...

Long Kimmarita
https://www.phnompenhpost.com/national/small-businesses-urged-register-nssf

Rare bird’s nest count doubles in sanctuary

A Sambo Wildlife Sanctuary biodiversity monitoring and research team were on November 22 excited to report the presence of 48 lesser adjutant nests, with 68 adult birds and their chicks confirmed living in the Mekong flooded forest habitat. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/rare-birds-nest-count-doubles-sanctuary

GDP growth to shrink to 4.9% as poverty rate inches up

Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...

Kiripost staff writers
https://kiripost.com/stories/gdp-growth-to-shrink-to-49-as-poverty-rate-inches-up

SERC begins probe into illegal investment schemes

The Securities and Exchange Regulator of Cambodia (SERC) in collaboration with relevant authorities has started investigating non-governmental organisations (NGOs), associations, companies and individuals that have illegal investment schemes to collect funds from the public, said a top official of the regulator. ...

Kang Sothear
https://www.khmertimeskh.com/501188706/serc-begins-probe-into-illegal-investment-schemes/

Bakong digital transactions see remarkable growth

Bakong payment system infrastructure has increased remarkably and has contributed to the use of financial technology and innovations, the National Bank of Cambodia said on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501188708/bakong-digital-transactions-see-remarkable-growth/

Thailand, Cambodia join hands in demining along border

Thailand and Cambodia have agreed to cooperate to clear landmines along the countries’ border. Prime Minister Hun Sen said Thai Prime Minister Prayuth Chan-o-cha has agreed that the demining activities in the mine area along the border will be carried out smoothly and without issues ...

Torn Vibol
https://www.khmertimeskh.com/501189420/thailand-cambodia-join-hands-in-demining-along-border/

Information Minister urges for digital transformation adaptation

Minister of Information Khieu Kanharith has urged officials to adapt to digital transformation to facilitate work in Fourth Industrial Revolution. ...

Khmer Times Staff
https://www.khmertimeskh.com/501189768/information-minister-urges-for-digital-transformation-adaptation/

WB upgrades Kingdom to Grade B in gov’t tech index

Cambodia’s level of development of government technology measured by the GovTech Maturity Index (GTMI) has been upgraded by the World Bank (WB) to Grade B from C for 2022. ...

Kang Sothear
https://www.khmertimeskh.com/501188713/wb-upgrades-kingdom-to-grade-b-in-govt-tech-index/

Additional $10 million released by Royal Government for rice procurement

The Royal Government of Cambodia, through the State Bank for Rural Development and Agriculture, has announced an additional $10 million for rice procurement in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501189189/additional-10-million-released-by-royal-government-for-rice-procurement/

Cyberbullying prevention to be part of school curriculum

The Ministry of Education is preparing to include topics on cyberbullying, sexual exploitation and other online abuses in the school curriculum. ...

Yim Sreylin
https://www.khmertimeskh.com/501188824/cyberbullying-prevention-to-be-part-of-school-curriculum/

Cambodia, Vietnam firm on $10 billion trade target

Cambodia and Vietnam continue to march towards the goal of achieving the $10 billion-plus bilateral trade volume this year and taking the economic partnership to a new high. The commitment reflects in the bilateral interactions too. ...

Prakash Jha
https://www.khmertimeskh.com/501188711/cambodia-vietnam-firm-on-10-billion-trade-target/

ASEAN summits to help address regional, global challenges, says PM

Prime Minister Hun Sen said yesterday that three summits – ASEAN Summit, G20, and Asia-Pacific Economic Cooperation (APEC) – hosted by three ASEAN countries would make significant contributions to enhancing ASEAN’s prestige and centrality in addressing common regional and global challenges. ...

Chea Vanyuth
https://www.khmertimeskh.com/501188707/asean-summits-to-help-address-regional-global-challenges-says-pm/

$10m fund to buy rice from struggling farmers

The Ministry of Economy and Finance has pledged to provide another $10 million in addition to a $83 million fund to purchase rice from farmers at a reasonable cost amid low prices​ to avoid selling to crooked dealers. ...

Meas Molika
https://kiripost.com/stories/10m-fund-to-buy-rice-from-struggling-farmers

Supreme court upholds 2018 “Adhoc 5” bribery convictions

The Supreme Court on Friday upheld the 2018 bribery convictions of five current and former staffers of human rights group Adhoc, concluding the appeal process in a criminal case that critics have said failed to substantiate the charges. ...

Khuon Narim
https://cambojanews.com/supreme-court-upholds-2018-adhoc-5-bribery-convictions/

Snaring increasing in Phnom Oral, say sanctuary villagers

Residents of Sorya village in Oral district’s Tasal commune of Kampong Speu province claim that snaring crimes are still a serious concern in the Phnom Oral Wildlife Sanctuary, especially in the Phnom Thom and Khnong Veal areas. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/snaring-increasing-phnom-oral-say-sanctuary-villagers

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