News
Vietnam becomes largest ASEAN trading partner of Cambodia: media
Vietnam became Cambodia’s largest trading partner among members of the Association of Southeast Asian Nations (ASEAN) in the first five months of 2023 as bilateral trade made up nearly 50% of the total between Cambodia and ASEAN members during the period. ...
Khmer Times Staff
https://www.khmertimeskh.com/501321665/vietnam-becomes-largest-asean-trading-partner-of-cambodia-media/
Cambodia posts some $89 million in rice exports to China in H1
Cambodia raked in $88.9 million from exporting 138,364 tonnes of milled rice to China in the first half of 2023, according to the Cambodia Rice Federation (CRF). ...
Khmer Times Staff
https://www.khmertimeskh.com/501321641/cambodia-posts-some-89-million-in-rice-exports-to-china-in-h1/
44th Senior Officials Meeting on Drug Matters discusses illegal drug problems
The Association of Southeast Asian Nations (ASEAN) has held the 44th Senior Officials Meeting on Drug Matters (ASOD) forum to address emerging issues on the drug trafficking front. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320128/44th-senior-officials-meeting-on-drug-matters-discusses-illegal-drug-problems/
Cambodia, US vow to expand cooperation to boost trade and investment
Cambodia and the United States are committed to further strengthening and expanding cooperation to increase trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320028/cambodia-us-vow-to-expand-cooperation-to-boost-trade-and-investment/
World Bank issues recommendations for Cambodia’s blue economy
The World Bank (WB) has released a set of recommendations for Cambodia’s sustainable blue economy development along with an analysis that focuses on three fundamental areas sectors related to marine policy, marine spatial planning and coastal livelihoods including blue growth sectors, said a report released ...
Kang Sothear
https://www.khmertimeskh.com/501319728/world-bank-issues-recommendations-for-cambodias-blue-economy/
King promulgates amended election law
King Norodom Sihamoni on July 4 issued a Royal Decree promulgating the amended election law, following its passage by the National Assembly and Senate in June and clearance by the Constitutional Council (CCC) on July 3. ...
Kim Yutharo
https://www.phnompenhpost.com/national/king-promulgates-amended-election-law
Cambodian exports to Vietnam surge by nearly a quarter to $1.3B
Cambodia’s goods exports to Vietnam reached $1.324 billion in the first five months of 2023, up 22.69 per cent year-on-year from $1.079 billion and up 83.92 per cent half-on-half from $719.79 million, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-vietnam-surge-nearly-quarter-13b
Informal entertainment workers eyed for IDPoor
The Ministry of Planning has since the start of July been conducting interviews for assessing whether informal workers in the entertainment sector can qualify for IDPoor cards, a senior official has said. ...
Chea Sokny
https://www.phnompenhpost.com/national/informal-entertainment-workers-eyed-idpoor
Gov’t sticks with 5.6% growth forecast
The government has kept its baseline projection for Cambodia’s economic growth this year at 5.6 percent, which was announced in late January, marking a sharp drop from the 6.6 per cent put forward in October, as the Ukraine conflict and geopolitical unrest caused regional and ...
May Kunmakara
https://www.phnompenhpost.com/business/govt-sticks-56-growth-forecast
Gov’t reveal 2024 revenue, spending plans
Cambodia is planning for government revenue and spending equivalent to 23.07 per cent and 26.29 per cent of GDP (gross domestic product) in 2024, respectively. ...
Van Socheata
https://www.phnompenhpost.com/business/govt-reveal-2024-revenue-spending-plans
Cambodia launches online child protection guidelines
Cambodia on Thursday launched guidelines on online child protection to ensure a safe and positive online experience for all children. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320527/cambodia-launches-online-child-protection-guidelines/
Oxfam and Young Entrepreneurs host ‘Sustainable Business Forum’
Oxfam and Young Entrepreneurs Association of Cambodia (YEAC) co-organised on Thursday a “Sustainable Business Forum” under the theme “Together for Micro, Small and Medium-sized Enterprises Growth in Cambodia” to promote responsible, inclusive and sustainable business practices in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320559/oxfam-and-young-entrepreneurs-host-sustainable-business-forum/
Cambodia ranked 13th in Asia-Pacific Region on the 2023 Global Peace Index
Cambodia was ranked 13th in terms of peacefulness in the Asia-Pacific Region, and 73rd among 163 countries around the world, according to the 2023 Global Peace Index released yesterday by the Sydney-based Institute for Economics and Peace (IEP). ...
Khmer Times Staff
https://www.khmertimeskh.com/501320575/cambodia-ranked-13th-in-asia-pacific-region-on-the-2023-global-peace-index/
Digital infra remains govt’s top priority
Boosting digital infrastructure remains one of the top priorities of the national government, a senior ranking official within the Ministry of Post and Telecommunications has said. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501320178/digital-infra-remains-govts-top-priority/
Over $17m from Angkor Wat ticket sales January to June
In the six months from January to June 2023, Cambodia earned $17,877,418 from the sale of tickets to Angkor, with a total of 385,769 foreign tourists. This is according to the press release of Angkor Enterprise on July 6. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320021/over-17m-from-angkor-wat-ticket-sales-january-to-june/
Environment and Natural Resources Code officially announced
The Environment and Natural Resources Code has recently been promulgated, according to the Ministry of Environment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320567/environment-and-natural-resources-code-officially-announced/
RCEP, FTAs to attract more investments to Cambodia
The Regional Comprehensive Economic Partnership (RCEP) free trade pact and the bilateral free trade agreements (FTAs) will play a crucial role in attracting more foreign direct investments to Cambodia, Cambodia’s central bank said in a report released on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320535/rcep-ftas-to-attract-more-investments-to-cambodia/
China remains the largest export market for Cambodia
The CCFTA, signed in October 2020 and effective since January 2022, was initiated by Cambodian officials with the aim of broadening its trade relations and export markets in China in response to the economic fallout caused by the pandemic, local flooding, and economic pressures and ...
Khmer Times Staff
https://www.khmertimeskh.com/501320543/china-remains-the-largest-export-market-for-cambodia/
Child sex abuse posts halved but still of concern
The number of posts involving child sexual assaults from Cambodia last year was discovered to be around 220,000, which is still a problem even if it is down more than 100,000 cases from 2021. ...
Hang Punreay
https://www.khmertimeskh.com/501320171/child-sex-abuse-posts-halved-but-still-of-concern/
1,000 antenna poles to be installed in Phnom Penh to boost mobile reception
The Ministry of Post and Telecommunications has already identified the location to install more than 1,000 telephone service antenna poles in Phnom Penh’s 14 districts. ...
Adur Pradeep
https://www.khmertimeskh.com/501319534/1000-antenna-poles-to-be-installed-in-phnom-penh-to-boost-mobile-reception/
Cambodia’s electronic payment amount among highest in world
The amount of payments made via electronic system in Cambodia reached nearly 1,000 percent of the country’s Gross Domestic Product (GDP) in 2022, said a senior official of National Bank of Cambodia (NBC). ...
Kang Sothear
https://www.khmertimeskh.com/501319532/cambodias-electronic-payment-amount-among-highest-in-world/
Australia supporting Agri-food Industrial Park development in Cambodia
Australia has been supporting the development of Agri-food Industrial Park (AIP) in Cambodia to help expand export markets for agricultural products. ...
Khmer Times Staff
https://www.khmertimeskh.com/501319917/australia-supporting-agri-food-industrial-park-development-in-cambodia/
Australia unveils plans to develop three agri-food industrial parks
Australia plans to support the Cambodian Government in developing an Agri-food Industrial Park (AIP) in three main provinces. This initiative is expected to benefit the Cambodian economy by generating $5.1 billion and creating 100,000 new jobs, with 50 percent of these opportunities going to women. ...
Meas Molika
https://kiripost.com/stories/australia-unveils-plans-to-develop-three-agri-food-industrial-parks-cambodia
NBC sets new capital, risk rules for banks, financial institutions
The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...
Kang Sothear
https://www.khmertimeskh.com/501318139/nbc-sets-new-capital-risk-rules-for-banks-financial-institutions/