News
Ministry of Commerce registers nearly 10,000 new businesses in 2024
The Ministry of Commerce registered 9,530 new companies and enterprises in the January-November period of 2024, down 17 per cent from 11,506 in the same period last year, the ministry’s report showed on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501611454/ministry-of-commerce-registers-nearly-10000-new-businesses-in-2024/
Cambodia-Korea trade reaches $762M in 2024
Bilateral trade volume between Cambodia and South Korea reached $762 million in 2024, an increase of 11.49 percent compared to the previous year, according to a report from the Ministry of Commerce (MoC), released yesterday. ...
Sum Manet
https://www.khmertimeskh.com/501611221/cambodia-korea-trade-reaches-762m-in-2024/
China shrugs off media report, reaffirms Cambodia commitments
Chinese Ambassador to Cambodia Wang Wenbin Tuesday emphasised the enduring strength and success of China-Cambodia cooperation, and expressed Beijing’s unwavering support for the development of Kingdom’s infrastructure projects. ...
Taing Rinith
https://www.khmertimeskh.com/501610490/china-shrugs-off-media-report-reaffirms-cambodia-commitments/
Govt rolls out SARMIS to track state assets
The Royal Government Wednesday launched the second version of the State Asset Register Management Information System (SARMIS Online) to enhance the efficiency and transparency of the Kingdom’s inventory by providing a centralised platform for recording, tracking and reporting state assets. ...
Nhean Chamrong
https://www.khmertimeskh.com/501611217/govt-rolls-out-sarmis-to-track-state-assets/
Kingdom, AFD, EU ink 3 financing agreements worth $192M
Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance Wednesday joined Sandrine Boucher, French Development Agency (AFD) Country Director, Fabrice Etienne, Chargé d’Affaires of the French Embassy to the Kingdom of Cambodia, and Bryan Fornari, Head of Cooperation, EU Delegation in Cambodia to ...
Khmer Times Staff
https://www.khmertimeskh.com/501611219/kingdom-afd-eu-ink-3-financing-agreements-worth-192m/
MoE presents work outcomes, future plans
The Ministry of Environment concluded its two-day “2024 Environmental Work Review and 2025 Work Directions Conference” yesterday, with Minister of Environment Eang Sophalleth presenting the outcomes and future plans. ...
Ben Sokhean
https://www.khmertimeskh.com/501610511/moe-presents-work-outcomes-future-plans/
Development banks stress need to link skills to industry demands in Cambodia
In its annual Cambodia Economic Update, released this month, the World Bank notes that only 39 per cent of Cambodian firms cite inadequate education as an obstacle to doing business. ...
Khmer Times Staff
https://www.khmertimeskh.com/501610752/development-banks-stress-need-to-link-skills-to-industry-demands-in-cambodia/
Higher percentage of indigenous people than Khmer in labour market
The percentage of indigenous people who contribute to the labour market is higher than that of Khmer people, especially in agriculture, according to the 2024 National Report on the Demographic and Socio-Economic Situation of Indigenous People in Cambodia released by the Ministry of Planning. ...
Phuong Sothiny
https://www.khmertimeskh.com/501610509/higher-percentage-of-indigenous-people-than-khmer-in-labour-market/
Cambodian, Thai FMs pledge to strengthen strategic partnership
Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, and Maris Sangiampongsa, Thailand’s Minister of Foreign Affairs, have agreed to collaborate in advancing their strategic partnership. ...
Cambodia, ADB sign 6 projects worth $403 million this year
The Royal Government of Cambodia (RGC) and the Asian Development Bank (ADB) signed concessional loan and grant agreements worth $403 million to finance six projects in 2024, marking a significant increase of 112 percent compared to $190 million in 2023. ...
Nhean Chamrong
https://www.khmertimeskh.com/501610480/cambodia-adb-sign-6-projects-worth-403-million-this-year/
Cambodia’s GDP projected to reach 5.5% in 2025 and 2026
Cambodia’s Gross Domestic Product (GDP) growth is projected to marginally improve, reaching 5.5 percent in 2025 and 2026, according to the World Bank’s ‘Cambodia Economic Update: From Recovery to Resilience – Harnessing Tourism and Trade as Drivers of Growth,’ released recently. ...
Sum Manet
https://www.khmertimeskh.com/501610494/cambodias-gdp-projected-to-reach-5-5-in-2025-and-2026/
Life expectancy among Cambodians continues to grow
Cambodia’s life expectancy has risen to an average of 76.6 years, up from 76 in 2019, reflecting improved health and well-being amid steady population growth, according to the Ministry of Planning’s latest data. ...
Chhim PichBormey
https://kiripost.com/stories/life-expectancy-among-cambodians-continues-to-grow
New treatment plant boosts Capital’s clean water supply
The inauguration of the Boeung Thum Water Treatment Plant marks a significant milestone in Cambodia’s efforts to meet National Drinking Water Quality Standards and align with WHO guidelines. ...
Ben Sokhean
https://www.khmertimeskh.com/501609830/new-treatment-plant-boosts-capitals-clean-water-supply/
ANA slams UN Rapporteur’s report on human rights in Angkor area
The Apsara National Authority (ANA) has emphasised that the government always pays close attention to residents who have illegally resided in protected areas and have voluntarily resettled by providing them with support. ...
Cambodia’s population reaches over 17 mil, with 2.1% annual growth rate
The preliminary results of Cambodia’s 2024 population census reveal that the country’s total population has reached 17,280,543, with an annual average growth rate of 2.1%. ...
Hang Punreay
https://www.khmertimeskh.com/501609838/cambodias-population-reaches-over-17-mil-with-2-1-annual-growth-rate/
Negligence leading to forest fires punishable by jail, large fines, warns ministry
The Ministry of Environment has urged that strict legal action be taken against those whose negligence causes forest fires, noting that such violations are punishable by imprisonment for up to one year and fines reaching 100 million riel ($25,000). ...
Phak Seangly
https://www.phnompenhpost.com/national/negligence-leading-to-forest-fires-punishable-by-jail-large-fines-warns-ministry
Tina opens new ‘rubber heritage park’ to preserve century-old trees for research
Minister of Agriculture, Forestry and Fisheries Dith Tina has inaugurated a new rubber park which features Cambodia’s oldest rubber trees, some of them more than 100 years old. ...
Niem Chheng
https://www.phnompenhpost.com/national/tina-opens-new-rubber-heritage-park-to-preserve-century-old-trees-for-research
Sophalleth: All national roads must be clean by 2025
The Ministry of Environment is set to launch three major campaigns in 2025 aimed at cleaning all national roads and improving water quality monitoring to enhance public well-being. ...
Phak Seangly
https://www.phnompenhpost.com/national/sophalleth-all-national-roads-must-be-clean-by-2025
Cambodia to make e-invoicing mandatory next year
Cambodia is trialing a new e-invoicing system to make it compulsory for companies as early as next year. ...
Terry Friel
https://www.khmertimeskh.com/501609146/cambodia-to-make-e-invoicing-mandatory-next-year/
PM orders crackdown on fraudsters who exploit govt projects
Prime Minister Hun Manet has ordered relevant authorities to crack down on fraudsters who exploit government projects for personal gain, such as by creating fake QR codes and websites. ...
Torn Vibol
https://www.khmertimeskh.com/501609258/pm-orders-crackdown-on-fraudsters-who-exploit-govt-projects/
Cambodia, Korea strengthen trade, investment ties
The Ministry of Commerce (MoC) and the Ministry of Trade, Industry and Energy of the Republic of Korea (MOTIE) Saturday jointly organised a business event to strengthen bilateral relations by fostering strategic trade partnerships and enhancing the Kingdom’s investment potential. ...
Nhean Chamrong
https://www.khmertimeskh.com/501609144/cambodia-korea-strengthen-trade-investment-ties/
Kingdom’s trade with Vietnam crosses $7 billion
Trade between Cambodia and Vietnam reached $7.08 billion in the January to November period of the year, a rise of 20.6 percent, even as the neighbouring country consolidated its position as the second-biggest export market of the Kingdom, next only to the United States. ...
Manoj Mathew
https://www.khmertimeskh.com/501609150/kingdoms-trade-with-vietnam-crosses-7-billion/
Govt rolls out registration system for informal economy
The Royal Government of Cambodia (RGC) yesterday introduced a new digital registration system for the informal economy to provide support and access to resources to enhance their business growth and improve citizens’ living standards. ...
Nhean Chamrong
https://www.khmertimeskh.com/501609152/govt-rolls-out-registration-system-for-informal-economy/
Kingdom leveraging FTAs ahead of LDC exit
As Cambodia approaches its graduation from the Least Developed Country (LDC) status in 2029, government officials and private sector representatives have emphasized the critical role of free trade agreements (FTAs) and trade preferences in sustaining the country’s economic growth. ...
Chea Vanyuth
https://www.khmertimeskh.com/501609156/kingdom-leveraging-ftas-ahead-of-ldc-exit/