Government

NBC promote green finance

The National Bank of Cambodia (NBC) and the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) have entered into a memorandum of understanding (MoU) to promote sustainable finance in Cambodia. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-promote-green-finance

Cambodia planning $100M in bond issue

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-planning-100m-in-bond-issue

Ministry of Economy to raise $6.8M through sovereign bond issuance

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-to-issue-bonds-worth-28b-for-progress

Economic and trade ties with Hungary enhanced

Cambodia and Hungary are moving swiftly to finalise the content of the draft for the Cambodian-Hungarian Joint Committee on Economic Cooperation (JCEC), a significant step towards boosting bilateral trade and investment between the two countries. ...

Hin Pisei
https://www.phnompenhpost.com/business/economic-and-trade-ties-with-hungary-enhanced

Education Ministry reforms teacher methodology, use of technology

The Ministry of Education, Youth and Sport (MoEYS) is reforming teacher training institutions by focusing on developing teachers’ skills in content, pedagogical lessons, teaching methods and the use of teaching technology so that teachers can achieve a higher level of professionalism. ...

Hang Punreay
https://www.khmertimeskh.com/501406035/education-ministry-reforms-teacher-methodology-use-of-technology/

Vietnam, Cambodia promote cooperation in industry and trade

Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...

Khmer Times Staff
https://www.khmertimeskh.com/501406114/vietnam-cambodia-promote-cooperation-in-industry-and-trade/

Cambodia, China plan joint AV production

Cambodia and China are planning to produce audio-video (AV) documentaries promoting the history and culture of both countries ahead of the 6th Mekong-Lancang Week scheduled for next year. ...

Hang Punreay
https://www.khmertimeskh.com/501406791/cambodia-china-plan-joint-av-production/

Agriculture seen as key driver of Cambodia’s economic growth

Agriculture sector remains one of the economic drivers of Cambodia’s economic growth despite its share of the country’s gross domestic product (GDP) has shrunk. ...

Chea Vanyuth
https://www.khmertimeskh.com/501405986/agriculture-seen-as-key-driver-of-cambodias-economic-growth/

BOC Phnom Penh Branch authorized as RMB clearing bank

China’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406842/boc-phnom-penh-branch-authorized-as-rmb-clearing-bank/

Minister Of Information meets with Director General of Administration of Radio and Television of Yunnan Province, China

Cambodia’s Minister of Information reaffirmed the position of the Ministry to continue promoting cooperation with the Administration of Yunnan Provincial Radio and Television CDTV China in the field of broadcasting and information. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406886/minister-of-information-meets-with-director-general-of-administration-of-radio-and-television-of-yunnan-province-china/

Singaporean companies look to tap into Cambodia’s carbon market

The Cambodian Minister of Environment, Dr. Eang Sophalleth, recently held a bilateral meeting with representatives of Singaporean companies, where he presented the opening of a new chapter in carbon trade in Cambodia, specifically under Article 6 of the Paris Agreement on Climate Change. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406864/singaporean-companies-look-to-tap-into-cambodias-carbon-market/

Cambodia’s successful school meal program showcased at Global Summit in Paris

The Deputy Prime Minister and Minister of Education, Youth, and Sport of Cambodia, along with representatives from the World Food Programme (WFP), participated in the inaugural Global School Meals Coalition summit held in Paris. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405468/cambodias-successful-school-meal-program-showcased-at-global-summit-in-paris/

Data-Driven Policies: Cambodia’s commitment to sustainable agricultural development

Over 400 staff from the Ministry of Agriculture, Forestry and Fisheries (MAFF) and the National Institute of Statistics, Ministry of Planning (NIS-MOP) have been deployed on one of the most comprehensive data collection initiatives to date – the Cambodia Agriculture Survey 2023 (CAS 2023).  ...

Khmer Times Staff
https://www.khmertimeskh.com/501405469/data-driven-policies-cambodias-commitment-to-sustainable-agricultural-development/

ADB, MPWT build $6.28 million landfill project in Battambang

The Asia Development Bank (ADB) in collaboration with the Ministry of Public Works and Transport (MPWT) has successfully built a 20-hectare controlled landfill in Battambang province, aiming to serve 126,000 people in the community with the capacity to remove 100 tonnes of trash daily for ...

Nheng Chamrong
https://www.khmertimeskh.com/501404698/adb-mpwt-build-6-28-million-landfill-project-in-battambang/

Protecting polls process: Security Command established to oversee elections

The government has established a permanent security command for organising security for national and sub-national elections to ensure order, no intimidation and no violence. ...

Hang Punreay
https://www.khmertimeskh.com/501406107/protecting-polls-process-security-command-established-to-oversee-elections/

Vietnam-Cambodia Friendship Association plays important role in fostering both countries’ relations

Vietnam-Cambodia Friendship Association has been playing an important role in building the closer ties between the people of the two countries through various activities, including visit and cultural exchanges, youth-women-businessperson relationship promotion, humanitarian activities, and mutual support in preventing COVID-19. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406116/vietnam-cambodia-friendship-association-plays-important-role-in-fostering-both-countries-relations/

Khanh Hoa funds office building project in Cambodian locality

The People’s Council of south-central Khanh Hoa province has adopted a resolution giving in-principle approval to an investment project worth 15 billion VND (nearly $618,000) to construct an office building for the Stung Treng provincial Military Sub-region’s headquarters of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406115/khanh-hoa-funds-office-building-project-in-cambodian-locality/

Experts discuss conservation, development of Cambodia’s UNESCO-listed Preah Vihear

The International Coordinating Committee for the Safeguarding and Development of the Preah Vihear (ICC-Preah Vihear) held its eighth plenary and technical session in northwest Cambodia on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405425/experts-discuss-conservation-development-of-cambodias-unesco-listed-preah-vihear/

Viet Nam, Cambodia aim for $20billion in trade, boost cooperation in defence, transport

Prime Minister Phạm Minh Chính on Monday had talks in Hà Nội with Cambodian counterpart Samdech Hun Manet, who was on a two-day visit to Việt Nam, also his first to an ASEAN country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405428/viet-nam-cambodia-aim-for-20billion-in-trade-boost-cooperation-in-defence-transport/

Cambodia’s total public debt stands at $10.72 billion as of September

The Cambodian government had a total public debt of $10.72 billion as of September 2023, according to the Cambodia Public Debt Statistical Bulletin released by the Ministry of Economy and Finance on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501404146/cambodias-total-public-debt-stands-at-10-72-billion-as-of-september/

Construction approvals down, investment up

Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...

Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up

Gov’t revenue $4.9B, spending $6.3B

The government’s national revenue collection in the first 10 months of 2023 reached nearly $4.9 billion, equating to almost 78% of the target set by the 2023 Law on Financial Management, while total expenditures stood at over $6.3 billion, as reported by the Ministry of ...

https://www.phnompenhpost.com/business/gov-t-revenue-4-9b-spending-6-3b

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