News
Cambodia’s economy driven by garment exports, tourism is to grow by 5.6% in 2024
Cambodia’s economy is projected to grow by 5.6 % this year, up from 5% compared to last year, boosted by a rise in garment exports and ongoing tourism recovery, said an ASEAN+3 Macroeconomic Research Office (AMRO) press release on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554331/cambodias-economy-driven-by-garment-exports-tourism-is-to-grow-by-5-6-in-2024/
Cambodia launches $27 mil EU funded project to boost cashew, pepper industries
Cambodia launched a $27 million project on Thursday to enhance the sustainability, export, competitiveness, and inclusiveness of the Kingdom’s cashew nut and pepper industries, according to a joint press release. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554310/cambodia-launches-27-mil-eu-funded-project-to-boost-cashew-pepper-industries/
Cambodia makes $305 mil from milled rice export in 8 months
Cambodia exported 412,023 tonnes of milled rice in the first eight months of this year, with a revenue of $305 million, the Cambodia Rice Federation said in a news release on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554308/cambodia-makes-305-mil-from-milled-rice-export-in-8-months/
Cambodia accelerates BUSINESS 15 reforms in post-Covid era, AMRO says
Cambodia’s economy is projected to grow by 5.6 percent in 2024 and 5.9 percent in 2025. The recovery momentum is driven by a rebound in the garment sector and sustained growth in the non-garment manufacturing sector. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554137/cambodia-accelerates-business-15-reforms-in-post-covid-era-amro-says/
Trade between Cambodia, Thailand expected to hit $15 billion by 2025
Bilateral trade between Cambodia and Thailand is expected to reach $15 billion by 2025, said a release on Wednesday. ...
Mom Kunthea
https://www.khmertimeskh.com/501554126/trade-between-cambodia-thailand-expected-to-hit-15-billion-by-2025/
Philippines pledges to boost investment in Kingdom’s rice, pepper sector
The Philippines is committed to boosting investment in Cambodia’s rice and pepper sector for export to the Philippine market. ...
Chea Vanyuth
https://www.khmertimeskh.com/501554143/philippines-pledges-to-boost-investment-in-kingdoms-rice-pepper-sector/
$2M Mekong-Lancang fund to support eight key projects in Cambodia
Cambodia and China will sign a $2 million deal under the Mekong-Lancang Cooperation Special Fund 2024 to support eight projects across various sectors, reflecting their commitment to regional development. ...
Khim Sokunthy
https://kiripost.com/stories/2m-mekong-lancang-fund-to-support-eight-key-projects-in-cambodia
Cambodia’s environmental conservation efforts praised
The Pakistani Ambassador to Cambodia, Zaheeruddin Babar Thaheem, has commended the Cambodian Government for its remarkable achievements in environmental conservation, particularly in the fight against plastic pollution. ...
Taing Rinith
https://www.khmertimeskh.com/501553330/cambodias-environmental-conservation-efforts-praised/
Germany donates $3.12 million for demining
The Federal Government of Germany is providing $3.12 million under the auspices of Norwegian People’s Aid (NPA) to support demining activities in Banteay Meanchey and Oddar Meanchey provinces for the next two years. ...
Som Sotheary
https://www.khmertimeskh.com/501553426/germany-donates-3-12-million-for-demining/
Cambodia, China to sign MLC fund pact today
Cambodia will receive about $2 million from China under the Mekong-Lancang Cooperation (MLC) Special Fund for 2024. Both countries will sign an agreement on this on Thursday in Phnom Penh. ...
Manoj Mathew
https://www.khmertimeskh.com/501553298/cambodia-china-to-sign-mlc-fund-pact-today/
Japan provides 55$M to support Phnom Penh grid
The government of Japan has announced it will provide approximately $55 million in loans to expand electrical transmission and distribution networks in Phnom Penh, with the goal of stabilising the capital’s power supply. ...
Ry Sochan
https://www.phnompenhpost.com/national/japan-provides-55-m-to-support-phnom-penh-grid
Cambodia to host EMM-6 with focus on plastic pollution
The upcoming 6th Greater Mekong Subregion (GMS) Environment Ministers’ Meeting (EMM-6), set to be hosted by Cambodia next week, will focus on tackling plastic pollution across the Mekong region. ...
Phak Seangly
https://www.phnompenhpost.com/national/cambodia-to-host-emm-6-with-focus-on-plastic-pollution
MLVT opens foreign employee quota applications for 2025
Cambodia’s chief regulator of the human resources industry, the Ministry of Labour and Vocational Training (MLVT), has officially commenced the application process for business enterprises operating in the Kingdom to apply for their respective ‘foreign employee quotas’ in 2025. ...
James Whitehead
https://www.khmertimeskh.com/501553289/mlvt-opens-foreign-employee-quota-applications-for-2025/
PPSP suffers net loss in Q2’24 amid robust share buyback
The special economic zone owner-operator has recorded zero land sales in the second fiscal quarter with revenue down 82 percent. A share buyback is underway to raise the stock price, which has fallen nearly 20 percent since its IPO price. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppsp-suffers-net-loss-in-q224-amid-robust-share-buyback
Trade volume between Cambodia, Thailand is growing, Hun Sen says
Acting Head of State Hun Sen Tuesday expressed satisfaction with the growing trade volume between Cambodia and Thailand. ...
Mom Kunthear
https://www.khmertimeskh.com/501552502/trade-volume-between-cambodia-thailand-is-growing-hun-sen-says/
Education Ministry and World Bank boost ‘basic education projects’
The Ministry of Education, Youth, and Sports is in discussions to undertake mutual work with the World Bank (WB) to run the upcoming “Basic Education Project 2025-2030” aimed at improving the educational sector in the kingdom. ...
Nop Sreymao
https://www.khmertimeskh.com/501552530/education-ministry-and-world-bank-boost-basic-education-projects/
New initiatives for Siem Reap-Angkor Action Plan
Cambodia has added three new initiatives to the Siem Reap-Angkor Action Plan 2025-2029, addressing the issues of gender, environment, and improvised anti-personnel mines. These additions reflect the country’s commitment to upholding the Ottawa Convention. ...
Khmer Times Staff
https://www.khmertimeskh.com/501552520/new-initiatives-for-siem-reap-angkor-action-plan/
CCC, CCPIT Shanghai boost economic ties
The Cambodia Chamber of Commerce (CCC) and China’s Shanghai Council for the Promotion of International Trade (CCPIT Shanghai) Tuesday enhanced cooperation in trade and investment between the two countries. ...
Chea Vanyuth
https://www.khmertimeskh.com/501552504/ccc-ccpit-shanghai-boost-economic-ties/
Govt refutes ODC claim of major deforestation
The Ministry of Environment has dismissed the claim that forest cover has decreased from 43.21% in 2015 to 39.75% in 2023, as reported by Open Development Cambodia (ODC) on September 1. ...
Buth Reaskmey Kongkea
https://www.khmertimeskh.com/501551986/govt-refutes-ocd-claim-of-major-deforestation/
27 projects worth $306 million get incentives in Preah Sihanouk
With this, the number of projects eligible under the special investment promotion programme soared to 110. ...
Manoj Mathew
https://www.khmertimeskh.com/501552494/27-projects-worth-306-million-get-incentives-in-preah-sihanouk/
Artificial reef project set to expand, boost marine conservation
The project to install artificial reefs, initially successful in conserving marine resources in Kep province, is set to expand to three additional provinces. The project has attracted many rare and vulnerable species back to the area. ...
Phak Seangly
https://www.phnompenhpost.com/national/artificial-reef-project-set-to-expand-boost-marine-conservation
MoE underscores success of environment initiatives
The Ministry of Environment has underscored the success of the “Green Sprouts” initiative and ongoing efforts to preserve Cambodia’s natural resources since the new government assumed office in August of last year. ...
Ben Sokhean
https://www.khmertimeskh.com/501551974/moe-underscores-success-of-environment-initiatives/
Techo International Airport ready to be launched in mid-2025
As of the end of July 2024, the construction project of Techo International Airport has achieved more than 80% with a total cost of about 1.2 billion dollars and is scheduled to be completed by the end of 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501552145/techo-international-airport-ready-to-be-launched-in-mid-2025/
Cambodia launches 5-year action plan for disaster risk reduction
Cambodia launched a national action plan for disaster risk reduction (2024-2028) on Monday, aiming to minimise the impacts of disasters on people, the economy, and society, a senior minister said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501552045/cambodia-launches-5-year-action-plan-for-disaster-risk-reduction/