News

Financial firm consolidation will boost industry resilience, says NBC governor

Witnessing the merger between PRASAC Minority Depository Institution (MDI) and Kookmin Bank Cambodia, the Governor of the National Bank of Cambodia (NBC) Chea Serey expressed hope to see more consolation happening in the industry to boost its resilience and efficiency. ...

Nhean Chamrong
https://www.khmertimeskh.com/501446574/financial-firm-consolidation-will-boost-industry-resilience-says-nbc-governor/

Cambodia bats for trade cooperation at WTO meet

Cambodia on Sunday called for the inclusion of the Investment Facilitation for Development (IFD) agreement into the WTO programme as such a fusion will benefit the member states – including Cambodia – by enhancing the investment climate. ...

Nhean Chamrong
https://www.khmertimeskh.com/501446580/cambodia-bats-for-trade-cooperation-at-wto-meet/

Chanthol takes stock of Stung Bot int’l gate, SEZs in B Meanchey

Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) Sun Chanthol on Saturday led a delegation to inspect the progress made at the Stung Bot international gate – connecting Thailand – as well as the companies currently operating in ...

Nhean Chamrong
https://www.khmertimeskh.com/501446004/chanthol-takes-stock-of-stung-bot-intl-gate-sezs-in-b-meanchey/

ANA opens training program on Heritage Education for students in 2024

The Apsara National Authority, in collaboration with the Khmer Cultural Heritage Organization and  the local authority, opened a training program on Heritage Education for students at Hun Sen Prasat Bakong High School, Siem Reap Province. ...

Khmer Times Staff
https://www.khmertimeskh.com/501445291/ana-opens-training-program-on-heritage-education-for-students-in-2024/

China mulls more investments in Cambodia

Wuxi Capital Group Co., Ltd. of China is interested in investing in Cambodia, especially in the Preah Sihanouk province’s Special Economic Zone (SEZ). ...

Khmer Times Staff
https://www.khmertimeskh.com/501445308/china-mulls-more-investments-in-cambodia/

The 38th meeting of the ASEAN Intergovernmental Commission on Human Rights (AICHR)

The ASEAN Intergovernmental Commission on Human Rights (AICHR) held its 38th Meeting chaired by Yong Chanthalangsy, representative of the Lao People’s Democratic Republic and Chairman of AICHA 2024 on 20-23 February 2024 in Vientiane, Lao People’s Democratic Republic. ...

Khmer Times Staff
https://www.khmertimeskh.com/501445333/the-38th-meeting-of-the-asean-intergovernmental-commission-on-human-rights-aichr/

Senior officers of Commerce Ministry attend the 12th China Round Table on WTO Accessions in Abu Dhabi

Secretary of State of Commerce, Sok Sopheak, high representative of Cham Nimul, Minister of Commerce, led the Cambodian delegation to attend the 12th China Round Table on WTO Accessions on “Arab Perspectives on WTO Accessions and the Multilateral Trading System,” which is scheduled to take ...

Khmer Times Staff
https://www.khmertimeskh.com/501445620/senior-officers-of-commerce-ministry-attend-the-12th-china-round-table-on-wto-accessions-in-abu-dhabi/

India-Cambodia Joint Business Council launched

In a significant move aimed at bolstering economic ties between India and Cambodia, the India-Cambodia Joint Business Council (ICJBC) was officially launched on Friday. ...

Taing Rinith
https://www.khmertimeskh.com/501445965/india-cambodia-joint-business-council-launched-2/

Cambodia invests $40B in infrastructure over 10 years

Cambodia has spent about $40 billion developing infrastructure in the last decade, with the Master Plan on the Cambodian Transit and Logistics System 2023-2033 laying out a roadmap for the next 10 years. ...

Chhorn Raksmey
https://kiripost.com/stories/cambodia-invests-40b-in-infrastructure-over-10-years

Banks need robust cybersecurity for data privacy

In the age of digitalisation, banks play a crucial role in safeguarding the money and information of both people and businesses. However, as Cambodia embraces this digital revolution, the Kingdom also makes itself vulnerable to the constant danger of cyberattacks and breaches, putting financial data ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501444679/banks-need-robust-cybersecurity-for-data-privacy/

Salt production up nearly 150 percent in 2023

Kampot and Kep provinces produced 81,154 tonnes of salt last year, 148.9 percent increase over 32,900 tonnes in 2022, a Ministry of Industry, Science, Technology and Innovation report showed.   ...

Chea Vanyuth
https://www.khmertimeskh.com/501444693/salt-production-up-nearly-150-percent-in-2023/

SMEs registration inches up to 443,628 last year

The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered a new growth of small and medium enterprises (SMEs) by 1.43 percent to 44,628 last year, an official report showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501444697/smes-registration-inches-up-to-443628-last-year/

MoT, WWF team up to promote green tourism

The Ministry of Tourism (MoT) and the World Wide Fund for Nature (WWF) teamed up to promote ‘green tourism’ in the Kingdom by prioritising the conservation of natural resources while promoting the use of renewable energy aimed at turning the country into a world-class tourism ...

Nhean Chamrong
https://www.khmertimeskh.com/501445996/mot-wwf-team-up-to-promote-green-tourism/

Ministry of Labour and the Dariu Foundation of Switzerland sign MoU on digital technology training

Heng Sour, Minister of Labour and Vocational Training, and Rajiv Pradhan, Country Director in Cambodia of the Dariu Foundation of Switzerland, signed a Memorandum of Understanding on the Digital Literacy Initiative for young people and students of technical training institutions to receive digital education for ...

Khmer Times Staff
https://www.khmertimeskh.com/501445560/ministry-of-labour-and-the-dariu-foundation-of-switzerland-sign-mou-on-digital-technology-training/

Ministry of Labour and PSE agree to promote vocational training for young people

Heng Sour, Minister of Labour and Vocational Training, and Ms. Leakhena des Pallières, Managing Director of the PSE-Pour un Sourire d’Enfant, agreed to promote vocational technical training to Cambodian youth to acquire specific skills for the job market. ...

Khmer Times Staff
https://www.khmertimeskh.com/501445525/ministry-of-labour-and-pse-agree-to-promote-vocational-training-for-young-people/

Model secondary schools embrace digital education

The Ministry of Education, Youth, and Sport has initiated a campaign to elevate the standard of model schools by implementing digital education for students in selected secondary schools in Phnom Penh. The initiative aims to enhance student achievement and is set to expand across the ...

Chea Sokny
https://www.phnompenhpost.com/national/model-secondary-schools-embrace-digital-education

Plans moving forward for Japanese SEZ

Cambodia is actively working to establish the Cambodia-Japan Special Economic Zone (SEZ) to attract more Japanese investment, given its current status as a key trade and investment partner, according to a press release from the Council for the Development of Cambodia (CDC). CDC first vice-president ...

Hin Pisei
https://www.phnompenhpost.com/national/plans-moving-forward-for-japanese-sez

Kingdom enhances salt marsh management in Kampot-Kep

Prime Minister Hun Manet has urged Kampot and Kep provincial authorities to diligently manage and preserve salt marshes to sustain and enhance salt production. Manet emphasised the necessity of managing and conserving salt marshes, given the government’s classification of the product as a strategic commodity, during ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-enhances-salt-marsh-management-in-kampot-kep

New ruling in place for exports of all minerals

Starting in April, exporters of mineral products will be required to deposit a portion of export royalties, with withdrawal permitted upon fulfilment of all contractual obligations. The Ministry of Economy and Finance, in conjunction with the Ministry of Mines and Energy, issued an inter-ministerial prakas on ...

Hin Pisei
https://www.phnompenhpost.com/business/new-ruling-in-place-for-exports-of-all-minerals

Cambodian ministry projects nearly 6.6% growth in 2024

Cambodia’s economy is projected to grow by nearly 6.6 per cent this year despite geopolitical tensions and a global economic slowdown, according to officials from the ministry of economy and finance. ...

Khmer Times Staff
https://khmertimeskh.com/501444973/cambodian-ministry-projects-nearly-6-6-growth-in-2024/

SMEs registration inches up to 443,628 last year

The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered a new growth of small and medium enterprises (SMEs) by 1.43 percent to 44,628 last year, an official report showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501444697/smes-registration-inches-up-to-443628-last-year/

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