News

Hun Sen proposes law to punish anyone denying Cambodia’s genocidal past

Senate President Hun Sen proposed drafting a law against people who claim that Cambodia did not experience a genocide and wanted to start a “color revolution”. A political analyst has said the law would further shrink citizens’ freedom of expression in relation to historical events. ...

Khuon Narim and Ly Rosslan
https://cambojanews.com/hun-sen-proposes-law-to-punish-anyone-denying-cambodias-genocidal-past/

PM ordered all capital-provincial governors to take action to control gangsters, especially Samurai swordsmen

The Prime Minister of Cambodia, Dr. Hun Manet, has ordered all capital and provincial governors to cooperate with all relevant authorities to crack down and take the strictest action against gangs, especially gangs with Samurai swords. ...

Khmer Times Staff
https://www.khmertimeskh.com/501493673/pm-ordered-all-capital-provincial-governors-to-take-action-to-control-gangsters-especially-samurai-swordsmen/

MPWT considers private sector partner for Kampot Tourist Port

The Ministry of Public Works and Transport (MPWT) is considering a public private partnership (PPP) agreement with local development company AZ Builder to finalize the Kampot International Tourist Port. ...

James Whitehead
https://www.khmertimeskh.com/501488399/mpwt-considers-private-sector-partner-for-kampot-tourist-port/

AMRO forecasts rosier growth for Cambodia in 2024

According to a press release from the ASEAN+3 Macroeconomic Research Office (AMRO) on Thursday, Cambodia’s economy is predicted to grow robustly in 2024, driven by a rise in exports and a continued tourism recovery. ...

Khmer Times Staff
https://www.khmertimeskh.com/501494147/amro-forecasts-rosier-growth-for-cambodia-in-2024/

SERC to strengthen Cambodia’s derivatives market with IFC help

The Securities and Exchange Regulator of Cambodia (SERC) partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to bolster the development of Cambodia’s derivatives market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501493215/serc-to-strengthen-cambodias-derivatives-market-with-ifc-help/

MoU inked to develop green building certification tools

Leading Malaysia-based green building certification body, GreenRE Sdn Bhd, has signed a memorandum of understanding (MoU) with local construction organization, the Cambodia Green Building Council (CamGBC), to assist in developing green building certification tools for the Cambodian construction sector. ...

James Whitehead
https://www.khmertimeskh.com/501493185/mou-inked-to-develop-green-building-certification-tools/

PM unveils 12-year plan for universal health coverage

In a significant stride towards ensuring equitable healthcare access for all citizens, Prime Minister Hun Manet has officially launched the Roadmap for Universal Healthcare Coverage in Cambodia 2024-2035. ...

Torn Vibol
https://www.khmertimeskh.com/501493939/pm-unveils-12-year-plan-for-universal-health-coverage/

Bank lending to households posts weak growth, says NBC

With bank credit growth reaching its lowest in two decades in Cambodia, households’ mortgage loans posted weak growth in 2023, said the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...

Rachel David
https://www.khmertimeskh.com/501492423/bank-lending-to-households-posts-weak-growth-says-nbc/

CDC, CCC review 19th G-PSF progress

The Council for the Development of Cambodia (CDC) in collaboration with the Cambodia Chamber of Commerce (CCC) organised a meeting to review the progress of the 19th Government-Private Sector Forum (19th G-PSF). ...

Nhean Chamrong
https://www.khmertimeskh.com/501492411/cdc-ccc-review-19th-g-psf-progress/

APSARA Authority to install automatic water management station at Angkor site in collaboration with the SIAVB, France

Dr. Hang Peou, Director General of APSARA National Authority, met on May 21 at the headquarters of the SIAVB, France, with Jean-Michel Bordes, Director General of SIAVB, Jacques Bellier, President of AGERA, and technical officers of various institutions of the project “Siem Reap Angkor Water ...

Keo Rachana
https://www.khmertimeskh.com/501492965/apsara-authority-to-install-automatic-water-management-station-at-angkor-site-in-collaboration-with-the-siavb-france/

Cambodia tops emerging markets FDI index 2024

Cambodia has topped a recent global index produced by the UK-based business publication, fDi Intelligence. ...

James Whitehead
https://www.khmertimeskh.com/501492453/cambodia-tops-emerging-markets-fdi-index-2024/

Kingdom’s food delivery business to net $170M

The food delivery business in Cambodia that got its momentum during the Covid-19 lockdowns is expected to make further strides and net a revenue of $170.2 million by the end of the current year. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501493191/kingdoms-food-delivery-business-to-net-170m/

Key meeting boosts Kingdom’s sustainable tourism prospects

The Kingdom’s tourism industry got a shot in the arm with the visit of the top official of the China Metro Group who made a courtesy call on Minister of Tourism in Phnom Penh on Tuesday. ...

Jigme Palden Pazo
https://www.khmertimeskh.com/501493161/key-meeting-boosts-kingdoms-sustainable-tourism-prospects/

FDI inflows into manufacturing remain high

Foreign direct investment (FDI) inflows into the manufacturing sector remained high, after investment into construction and real estate, as per the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...

Rachel David
https://www.khmertimeskh.com/501491715/fdi-inflows-into-manufacturing-remain-high/

Kingdom, Korea to establish trade consultation channel soon

Cambodia and South Korea will have ‘Regular Consultation Sessions’ aimed at boosting trade and investment cooperation between the two countries. ...

Nhean Chamrong
https://www.khmertimeskh.com/501491711/kingdom-korea-to-establish-trade-consultation-channel-soon/

Six regional operation centres established under NITC

The government has established six regional operation centres under the National Information Technology Center (NITC) to research, collect, and analyse information related to national security, focusing on combating terrorism and crime across the country. ...

Torn Vibol
https://www.khmertimeskh.com/501491734/six-regional-operation-centres-established-under-nitc/

Chinese delegation tours Kingdom to promote ‘Fish and Rice’ corridor

Representatives from the Ministry of Agriculture, Forestry and Fisheries (MAFF) recently hosted a week-long research delegation of Chinese agricultural specialists on a cross-country tour to both promote and initiate rice-fish and rice-shrimp integrated farming systems within Cambodian provinces. ...

James Whitehead
https://www.khmertimeskh.com/501489806/chinese-delegation-tours-kingdom-to-promote-fish-and-rice-corridor/

Czech Republic provides development assistance to strengthen ties

The Czech Republic pledged to strengthen collaboration with Cambodia by providing development assistance in the sectors of health, education, and human resource development in order to foster better and stronger bilateral relations. ...

Hang Punreay
https://www.khmertimeskh.com/501491746/czech-republic-provides-development-assistance-to-strengthen-ties/

Chinese mango processing factory in Battambang warned for discharging sewage into stream

Battambang provincial authorities have issued a warning letter to a Chinese owner of a mango processing factory that allegedly discharged sewage into O’ Treng stream in Svay Sar Village of Treng commune in Rattanak Mondul district. ...

Sovann Sreypich and Hel Komsan
https://cambojanews.com/chinese-mango-processing-factory-in-battambang-warned-for-discharging-sewage-into-stream/

STT report: urban poor communities fear forced evictions, no land titles

Sahmakum Teang Tnaut Organization (STT) has published a report, titled Land Security of Urban Poor Communities, detailing land insecurity issues plaguing urban poor communities in Phnom Penh, who have expressed fear of eviction and inadequate compensation. ...

Pou Soreachny and Khuon Narim
https://cambojanews.com/stt-report-urban-poor-communities-fear-forced-eviction-no-land-titles/

Cambodia proposes exclusive Special Economic Zone for Korean Firms to boost investment

Cambodian Prime Minister Hun Manet raised two initiatives to promote trade and investment of Korean investors in Cambodia. The premier spoke at the opening ceremony of the Cambodia-Republic of Korea Business Forum on 16 May 2024 in Seoul, South Korea.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501490362/cambodia-proposes-exclusive-special-economic-zone-for-korean-firms-to-boost-investment/

Korea FDI in Kingdom reaches $5 billion, says Prime Minister

Prime Minister Hun Manet yesterday said that the bilateral trade volume between the Republic of Korea and Cambodia reached approximately $751 million while Korea’s foreign direct investment (FDI) in the Kingdom recorded $30 million last year, taking the total FDI from the country to $5 ...

Nhean Chamrong
https://www.khmertimeskh.com/501489820/korea-fdi-in-kingdom-reaches-5-billion-says-prime-minister/

Agricultural loans fall to 31% from 36% in 5 years

As Cambodia diversifies, share of agricultural loans in rural credit falls from 35.8 percent to 31 percent in five years, as per data with the National Bank of Cambodia (NBC). ...

Rachel David
https://www.khmertimeskh.com/501490959/agricultural-loans-fall-to-31-from-36-in-5-years/

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