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Outgoing U.S. Ambassador optimistic of good U.S.-Cambodia relations

Outgoing U.S. Ambassador to Cambodia W. Patrick Murphy has expressed his optimism and appreciation for the good relations and cooperation between the two nations, particularly in the areas of politics, economy, trade, education, health, demining, etc. ...

Khmer Times Staff
https://www.khmertimeskh.com/501484803/outgoing-u-s-ambassador-optimistic-of-good-u-s-cambodia-relations/

Cambodia open to expansion of relations with Qatar

The Royal Government of Cambodia is always open to and supports the strengthening and expansion of the relationship between the Kingdom of Cambodia and the State of Qatar. ...

Khmer Times Staff
http://Cambodia open to expansion of relations with Qatar

Cambodia committed to promoting e-commerce ecosystem

Cambodia is committed to further enhancing the e-commerce ecosystem as the country is a leading nation in implementing the eTrade readiness assessment recommendations, achieving a remarkable 92 percent implementation rate. ...

Khmer Times Staff
https://www.khmertimeskh.com/501484827/cambodia-committed-to-promoting-e-commerce-ecosystem/

Cambodia’s exports grow by 13% in past seven years

Cambodia’s exports grew by an average of 13.3 percent between 2017 and 2023 and reached $23.47 billion, or 54.7 percent of the country’s gross domestic product in 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501484828/cambodias-exports-grow-by-13-in-past-seven-years/

FTC to drive activities at PAS to 90%

The soon-to-be-built Funan Techo Canal (FTC), a public-private partnership project, will push shipment activities of the state-owned Sihanoukville Autonomous Port (PAS) up to 90 percent, a report by the Council for Development of Cambodia (CDC) showed. ...

Chea Vannak Chea Vanyuth
https://www.khmertimeskh.com/501483296/ftc-to-drive-activities-at-pas-to-90/

Ministry orders relevant parties to discipline errant judges and prosecutors

The Ministry of Justice ordered the relevant parties to reprimand judges or prosecutors who break the rules in order to ensure the efficacy of judicial reform and to increase the effectiveness of the law and the judiciary, in accordance with the government’s Pentagonal Strategy. ...

Hang Punreay
https://www.khmertimeskh.com/501483935/ministry-orders-relevant-parties-to-discipline-errant-judges-and-prosecutors/

IMF says Cambodia’s inflation to be stable at 2.3 percent in 2024

Cambodia’s inflation will remain stable this year at 2.3 percent, marginally up from 2.1 percent for 2023, generally in line with other parts of Asia and the Pacific, said the IMF Regional Economic Outlook April 2024. ...

Manoj Mathew
https://www.khmertimeskh.com/501483848/imf-says-cambodias-inflation-to-be-stable-at-2-3-percent-in-2024/

Kingdom, Georgia agree to go extra mile on de-dollarisation

A memorandum of understanding (MoU) was signed on Friday between Chea Serey, Governor of the National Bank of Cambodia (NBC) and Natia Turnava, Acting Governor of the National Bank of Georgia (NBG) to strengthen financial cooperation for reducing dollarisation. ...

Nhean Chamrong
https://www.khmertimeskh.com/501483298/kingdom-georgia-agree-to-go-extra-mile-on-de-dollarisation/

Cambodia seals DTA deal with Philippines

Following a series of negotiations spanning nearly five years, the Cambodian and Philippines governments have concluded the final draft of a double taxation agreement (DTA) between the two nations, in a bid to improve trade and ease investment mechanisms. ...

James Whitehead
https://www.khmertimeskh.com/501483860/cambodia-seals-dta-deal-with-philippines/

Call for training participants: SMEs and informal economies in Siem Reap

Open Development Cambodia Organization (ODC) is pleased to announce the opening of registration for a full-day training session scheduled for 6 June 2024 in Siem Reap city, Siem Reap province. The training marks the implementation of the project “Strengthening Informal Economies and SMEs in Cambodia ...

Open Development Cambodia Organization

Download: pdf

Open Development Cambodia (ODC) updated an existing dataset on "Special economic zone in Cambodia"

Open Development Cambodia (ODC) updated an existing dataset on “Special economic zone in Cambodia” by adding 1 new map feature of Grand Bokor SEZ in Preah Sihanouk province. This dataset describes the information of special economic zone (SEZ) in Cambodia from 2006 to 2024. The ...

Cambodian journalists celebrate World Press Freedom Day with Prime Minister

Some 5,000 Cambodian media practitioners celebrated World Press Freedom Day with Prime Minister Hun Manet and many senior government officials on May 3 afternoon. ...

Khmer Times Staff
https://www.khmertimeskh.com/501482845/cambodian-journalists-celebrate-world-press-freedom-day-with-prime-minister/

MISTI, LABS explore avenues to enhance factory safety standards in Cambodia

Hem Vanndy, Minister of Industry Science Technology & Innovation, on May 2, 2024 received representatives from Life and Building Safety (LABS), led by its Country Manager, Mr Emerald Am, to explore avenues for enhancing factory safety in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501483110/misti-labs-explore-avenues-to-enhance-factory-safety-standards-in-cambodia/

$5 billion ADB replenishment agreed for most vulnerable countries

Donors and the Asian Development Bank (ADB) have agreed to replenish $5 billion for its Asian Development Fund (ADF) and its Technical Assistance Special Fund. ...

Khmer Times Staff
https://www.khmertimeskh.com/501483069/5-billion-adb-replenishment-agreed-for-most-vulnerable-countries/

Committed to fairness: Govt working out compensation to those affected by Funan Techo Canal project

A senior government official in charge of investment in Cambodia said on Friday that while the impacts of the Funan Techo Canal construction on local residents are inevitable, the government is planning fair compensation and resettlement with a similar approach taken with the Phnom Penh-Sihanoukville ...

Taing Rinith
https://www.khmertimeskh.com/501483336/committed-to-fairness-govt-working-out-compensation-to-those-affected-by-funan-techo-canal-project/

Kingdom narrows healthcare gap for mothers in last two decades

Cambodia has managed to provide quality maternal care for all women, rich and poor, in the last two decades, said a World Bank report. Data shows the gap in access to maternal health care between the richest and poorest has narrowed. ...

Rachel David
https://www.khmertimeskh.com/501483294/kingdom-narrows-healthcare-gap-for-mothers-in-last-two-decades/

Working capital loans form 54% of small business needs

Cambodians running small businesses are continuing to find the need for working capital as their most pressing need, as per data. As high as 54 percent of 1.89 million loans issued were for working capital, as per the first quarter report of the Small Business ...

Rachel David
https://www.khmertimeskh.com/501482273/working-capital-loans-form-54-of-small-business-needs/

IMF revises Cambodia’s GDP up 35% with 2014 base

The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...

Manoj Mathew
https://www.khmertimeskh.com/501482271/imf-revises-cambodias-gdp-up-35-with-2014-base/

ASEAN-International Wholesale Market opens for business

The ASEAN-International Wholesale Market, locally known as the New Deum Kor Market, was officially inaugurated last week in a ceremony including Khuong Sreng, Governor of Phnom Penh, Wang Wentian, Chinese Ambassador to Cambodia, and other representatives and stakeholders of the project. ...

James Whitehead
https://www.khmertimeskh.com/501481579/asean-international-wholesale-market-opens-for-business/

Commercial real estate market sees shops moving to high-end streets

In Phnom Penh, visibility seems to have become key to retailers. High-end brands are reportedly moving to more up-market locations like Prime High Street, versus community malls, retail podiums and prime shopping malls. ...

Rachel David
https://www.khmertimeskh.com/501481585/commercial-real-estate-market-sees-shops-moving-to-high-end-streets/

Announcement on incentive mechanisms for voluntary business registration in the information and broadcasting sector

On 3 May 2024, Ministry of Commerce has decided to offer incentives for businesses registering voluntarily in the information and broadcasting sector. These incentives include a three-year exemption from public service duties for registered businesses and fine exemptions for businesses that have been operated but ...

Ministry of Commerce

Download: pdf

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