News

PWSA profit rises 35.62% in Q1

Public-listed Phnom Penh Water Supply Authority (PWSA) recently declared a profit of KHR 52.09 billion ($12.59 million) for the first quarter (Q1) of 2024, a rise of 35.62 percent compared to the same period last year. ...

Manoj Mathew
https://www.khmertimeskh.com/501504460/pwsa-profit-rises-35-62-in-q1/

Kantha Bopha raise $1.3M in first 11 days of fundraising drive

The Cambodia Kantha Bopha Foundation (CKBF) received over $1.3 million in donations from more than 130,000 philanthropists in the first eleven days of its “10,000 Riel 10,000 Donors” campaign, which aims to help provide free medical treatment to Cambodian children. ...

Ry Sochan
https://www.phnompenhpost.com/national/kantha-bopha-raise-1-3m-in-first-11-days-of-fundraising-drive

Bush meat still on the ‘unwritten’ menu despite joint efforts to curb poaching

Wildlife outside the zoo is hard to spot without camera traps, but their meat can be found on unwritten menus – through the whispers of sellers – in some local restaurants in Koh Kong and several other provinces. ...

Niem Chheng
https://www.phnompenhpost.com/national/bush-meat-still-on-the-unwritten-menu-despite-joint-efforts-to-curb-poaching

Hunt on for illegal Pursat loggers as timber discovered

Battambang provincial Department of Environment is hunting for the individuals involved in the transportation of more than 13 cubic metres of luxury timber that was seized near the Chrok Chang Eath ranger station in Prey Thom village of Samlot district’s Kampong Lpov commune on June ...

Phak Seangly
https://www.phnompenhpost.com/national/hunt-on-for-illegal-pursat-loggers-as-timber-discovered

Government instructs relevant ministries to prepare flood risk map in 3 areas

Government instructs relevant ministries to prepare roadmap for flood risk in 3 areas for easy repair and restoration after floods receded in each area. ...

Hang Punreay
https://tinyurl.com/2ffpw8rr

250 community representatives participate in Sustainable Consumption and Production awareness campaign

Recently, approximately 250 community representatives, with women comprising 80% of the attendees, gathered at Sunway Hotel in Phnom Penh for the Sustainable Consumption and Production awareness campaign. ...

Khmer Times Staff
https://www.khmertimeskh.com/501502764/250-community-representatives-participate-in-sustainable-consumption-and-production-awareness-campaign/

Cambodia’s GFT exports jump 20.69 percent

The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...

Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/

Vietnam, Cambodia promote trade, investment activities

The Investment and Trade Promotion Center of Ho Chi Minh City hosted a seminar on investment promotion between Vietnam and Cambodia in 2024 on June 7. ...

Saigon News
https://www.khmertimeskh.com/501502736/vietnam-cambodia-promote-trade-investment-activities/

Tourism Minister touts master plan for Siem Reap tourism boost

Minister of Tourism Sok Soken visited the Siem Reap Provincial Department of Tourism on Saturday and discussed crucial aspects of the master plan for Tourism Development in Siem Reap Province 2021-2035. ...

Jigme Palden Pazo
https://www.khmertimeskh.com/501503069/tourism-minister-touts-master-plan-for-siem-reap-tourism-boost/

25 investment projects worth over $246 million approved by CDC in May

In May 2024, the Council for the Development of Cambodia (CDC) approved 24 new projects and one production expansion project with a total investment of more than $246 million, creating about 15,000 jobs. ...

Khmer Times Staff
https://www.khmertimeskh.com/501503519/25-investment-projects-worth-over-246-million-approved-by-cdc-in-may/

Commune residents, authorities call for increased national budget to meet people’s needs

Sangkat O’Mal authority in Battambang City and several residents have highlighted the lack of availability for the use of the annual commune budget to develop infrastructure to meet the needs of the people. ...

Sovann Sreypich
https://cambojanews.com/commune-residents-authorities-call-for-increased-national-budget-to-meet-peoples-needs/

PM suggests ERA students take responsibility for self-discipline

Prime Minister Hun Manet has reiterated that the Royal School of Administration (ERA), a training school for civil servants and public service officials, must have high standards of discipline, but that its implementation should not need to be strict. ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-suggests-era-students-take-responsibility-for-self-discipline

Ministry, NBC respond to tragic boat accident with safety measures, life jackets

Even though no one has been brought to justice, authorities have provided life jackets to four boat operators and are studying the construction of a bridge across the Stung Sen River at the site where a boat sank, killing one of 15 students on board, ...

Phak Seangly
https://www.phnompenhpost.com/national/ministry-nbc-respond-to-tragic-boat-accident-with-safety-measures-life-jackets

Chinese financing nears 50% of total investment in May, US lags at less than 1%

In May, Chinese investment in Cambodia accounted for almost 50% of total financing, with domestic investment accounting for over 30%, while the US lagged behind at less than one per cent, according to the Council for the Development of Cambodia (CDC). ...

Ry Sochan
https://www.phnompenhpost.com/business/chinese-financing-nears-50-of-total-investment-in-may-us-lags-at-less-than-1-

Growth opportunities for Cambodian SMEs in securities market

Small and medium-sized enterprises (SMEs) in Cambodia can unlock significant growth opportunities by accessing the securities market, a concept explored in detail during a seminar co-organised by the Securities and Exchange Regulator of Cambodia (SERC), APM (Cambodia) Securities Co Ltd and Asset Pro Management Co ...

Hong Raksmey
https://www.phnompenhpost.com/business/growth-opportunities-for-cambodian-smes-in-securities-market

Ministry plans to create 250 new model villages by end of seventh mandate in 2028

After the successful establishment of 30 model villages, the Ministry of Rural Development is preparing to collect information on the status of other villages to create an additional 250 by the end of the seventh mandate in 2028, aiming to help develop infrastructure and provide ...

Phak Seangly
https://www.phnompenhpost.com/national/ministry-plans-to-create-250-new-model-villages-by-end-of-seventh-mandate-in-2028

Smart waste collection mobile-app pilot launched in Siem Reap

Smart waste collection through the mobile app “Smart Clean Siem Reap” was launched as a pilot project in four villages in Siem Reap town’s Slakram commune on June 5. ...

Phak Seangly
https://www.phnompenhpost.com/national/smart-waste-collection-mobile-app-pilot-launched-in-siem-reap

Cambodia’s economic activity up but education needs strengthening for long-term growth

Cambodia’s economic activity picked up in the first quarter of 2024, but the education sector, which sits at the center of development, needs to be strengthened. ...

Ly Rosslan
https://cambojanews.com/cambodias-economic-activity-up-but-education-needs-strengthening-for-long-term-growth/

Tax incentives offered for expansion of Qualified Investment Projects

In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...

James Whitehead
https://www.khmertimeskh.com/501501730/tax-incentives-offered-for-expansion-of-qualified-investment-projects/

Primary schools extend study day by 2 hours

With a view to boost the quality of public school education, the Ministry of Education, Youth and Sport is extending elementary school study time by two hours each day. ...

Torn Vibol
https://www.khmertimeskh.com/501501783/primary-schools-extend-study-day-by-2-hours/

Cambodia’s trade goes up 12% in five months

Cambodia’s international trade has seen a significant increase in the first five months of 2024, growing by 12 percent compared to the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501501031/cambodias-trade-goes-up-12-in-five-months/

Govt denounces illegal property developments, warns investors

Several residential housing projects in Phnom Penh and Siem Reap have been under fire from government authorities recently, with actions taken against illegitimate developments and local buyers warned to conduct due diligence before committing to property purchase agreements. ...

James Whitehead
https://www.khmertimeskh.com/501501018/govt-denounces-illegal-property-developments-warns-investors/

MEF discusses budget of Tourism Board

The Ministry of Economy and Finance (MEF) discussed the budget aspect of the Tourism Board on Monday. Seng Meng Hong, Tourism Secretary led the delegation to dwell upon the budget package for the operation of the Board of Study, Marketing and Tourism Promotion of Cambodia. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501501020/mef-discusses-budget-of-tourism-board/

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