News

‘How can we help grow your economy?’ Australia asks Cambodia

Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/how-can-we-help-grow-your-economy-australia-asks-cambodia

New teaching methods in Cambodia transform learning for young students

Seven-year-olds Sovandara Lima and Prey Haraty are excited to begin their maths lesson. Today they are working on their addition, but instead of just copying down exercises from the whiteboard like they would have been doing last year, they’re choosing the sums themselves. The game ...

Khmer Times Staff
https://www.khmertimeskh.com/501321111/new-teaching-methods-in-cambodia-transform-learning-for-young-students/

MSMEs urged to reduce carbon footprint

By implementing sustainable practices, micro, small and medium-sized enterprises (MSMEs) can reduce their carbon footprint, minimize waste and pollution, and conserve natural resources, a business forum said on Thursday. ...

Mon Sokeo
https://kiripost.com/stories/cambodia-msmes-urged-to-reduce-carbon-footprint

Access to finance, rise of the riel and inflation, with CBC

Since its establishment in 2012, Credit Bureau Cambodia (CBC) has helped drive the nation’s economic growth while providing a transparent and responsible lending landscape. This in turn has helped increase investment and access to finance nationwide. ...

Marissa Carruthers
https://kiripost.com/stories/credit-bureau-cambodia-ceo-on-access-to-finance-rise-of-riel-inflation

Financiers taking national ID cards as collateral to face action

Cambodia’s Ministry of Interior has issued a warning against the use of national identity cards as collateral for loans as it violates the guidelines of the National Bank of Cambodia (NBC). ...

Nhean Chamrong
https://www.khmertimeskh.com/501321287/financiers-taking-national-id-cards-as-collateral-to-face-action/

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/

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/

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/

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