News
NBC organises macroeconomic conference to boost Cambodia’s economic development
The National Bank of Cambodia (NBC), in collaboration with the United Nations Development Programme (Cambodia) organised on Thursday the 9th NBC Annual Macroeconomic Conference, giving floor for discussion for the development of Cambodian economy. ...
Khmer Times Staff
https://www.khmertimeskh.com/501191238/nbc-organises-macroeconomic-conference-to-boost-cambodias-economic-development/
28,000 disabled receive gov’t aid yearly
A senior official at the Ministry of Social Affairs confirmed that each year about 28,000 people with disabilities receive rehabilitation services and government subsidies to facilitate their living. ...
Tith Kongnov
https://www.khmertimeskh.com/501190315/28000-disabled-receive-govt-aid-yearly/
Ministry of Commerce works to open rice market through FTAs
Efforts to open the rice market and process rice-derived products through free trade agreements (FTAs) has paved a way for the increase of exports over the last 10 months of the year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501190734/ministry-of-commerce-works-to-open-rice-market-through-ftas/
Inflation rises to 7.4 percent
Inflation is expected to soar to 7.4 percent in Q2 2022, from 2.8 percent last year, raising fears that it will seriously impact the livelihoods of the country’s most vulnerable. ...
Seng Mengheng
https://kiripost.com/stories/inflation-rises-to-74-percent
Rice exports to Mid-East a ‘priority’ for trade talks
The Ministry of Commerce has put Cambodian milled-rice exports to the Middle East as a priority for ongoing talks on the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA), according to minister Pan Sorasak. ...
Hin Pisei
https://www.phnompenhpost.com/business/rice-exports-mid-east-priority-trade-talks
Conference throws spotlight on key role of banks
The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...
Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks
Cambodia to see more expressways, thanks to China’s BRI contributions
China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia’s economic growth, the Cambodian government’s senior advisor Sok Siphana said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501190560/cambodia-to-see-more-expressways-thanks-to-chinas-bri-contributions/
ADMM-Plus defense ministers gather in Cambodia to discuss solutions to key security challenges
The ninth ASEAN Defense Ministers’ Meeting Plus (the ninth ADMM-Plus) was held in Siem Reap Wednesday to discuss ways to strengthen security, stability and prosperity in the region and in the world. ...
Khmer Times Staff
https://www.khmertimeskh.com/501190574/admm-plus-defense-ministers-gather-in-cambodia-to-discuss-solutions-to-key-security-challenges/
US lauds Cambodia’s Chairmanship of ASEAN
The US has spoken highly of Cambodia’s leadership as ASEAN Chair during this challenging year, according to Eang Sophalleth, Personal Assistant to the Cambodian Premier. ...
Khmer Times Staff
https://www.khmertimeskh.com/501190596/us-lauds-cambodias-chairmanship-of-asean/
Chinese modernization delivers economic growth for the world, says Cambodian Think Tank director
“China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world,” said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International ...
Khmer Times Staff
https://www.khmertimeskh.com/501190553/chinese-modernization-delivers-economic-growth-for-the-world-says-cambodian-think-tank-director/
Cambodia’s textile body GMAC is now officially renamed TAFTAC
Cambodia’s industry trade body Garment Manufacturers Association in Cambodia (GMAC) will now be known as the Textile, Apparel, Footwear, and Travel Goods Association in Cambodia (TAFTAC) after it was officially renamed in a recently held ceremony attended by Cambodia’s army commander Lieutenant General Hun Manet. ...
Khmer Times Staff
https://www.khmertimeskh.com/501190624/cambodias-textile-body-gmac-is-now-officially-renamed-taftac/
Over 19,300 businesses registered with MEF portal
More than 19,300 businesses with $5.51 billion in investment capital have been registered with the government’s single platform – Online Business Registration System – till November. ...
Chea Vanyuth
https://www.khmertimeskh.com/501189424/over-19300-businesses-registered-with-mef-portal/
Cambodia urged to develop green finance ecosystem
Cambodia needs to cultivate a conducive ecosystem for the development of its green finance market and make it sustainable and attractive for potential investors, experts said at a forum yesterday while calling upon both the government and the private sector to take the initiatives in ...
Manoj Mathew
https://www.khmertimeskh.com/501189599/cambodia-urged-to-develop-green-finance-ecosystem/
Eco-tourism key to post-Covid recovery
Minister of Tourism Thong Khon on November 21 outlined seven key recommendations for more efficient and effective post-Covid-19 development of the eco- and community-based tourism segments, with emphasis on turning challenges into opportunities. ...
Hin Pisei
https://www.phnompenhpost.com/business/eco-tourism-key-post-covid-recovery
SME Bank loans top $410M, help over 3K businesses
The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed some $418 million in loans to at least 3,185 small- and medium-sized enterprises (SME) since its foundation, as of October 31, to keep them from going under during the height of ...
May Kunmakara
https://www.phnompenhpost.com/business/sme-bank-loans-top-410m-help-over-3k-businesses
Small businesses urged to register with NSSF
The National Social Security Fund (NSSF) has instructed its officials to focus on outreach to small enterprises and encourage them to register with the NSSF, noting that some of the businesses obligated to pay into the fund in its first month have been slow to ...
Long Kimmarita
https://www.phnompenhpost.com/national/small-businesses-urged-register-nssf
Rare bird’s nest count doubles in sanctuary
A Sambo Wildlife Sanctuary biodiversity monitoring and research team were on November 22 excited to report the presence of 48 lesser adjutant nests, with 68 adult birds and their chicks confirmed living in the Mekong flooded forest habitat. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/rare-birds-nest-count-doubles-sanctuary
GDP growth to shrink to 4.9% as poverty rate inches up
Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...
Kiripost staff writers
https://kiripost.com/stories/gdp-growth-to-shrink-to-49-as-poverty-rate-inches-up
PH eyes enhanced defense cooperation with New Zealand, Cambodia
The Philippines is looking forward to fortify its defense relations with New Zealand and Cambodia, the Department of National Defense (DND) said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501189824/ph-eyes-enhanced-defense-cooperation-with-new-zealand-cambodia/
Cambodia committed to achieve mine-free status by 2025
Prime Minister Hun Sen yesterday morning reaffirmed Cambodia’s commitment for its mine-free goal by 2025. ...
Khmer Times Staff
https://www.khmertimeskh.com/501189782/cambodia-committed-to-achieve-mine-free-status-by-2025/
SERC begins probe into illegal investment schemes
The Securities and Exchange Regulator of Cambodia (SERC) in collaboration with relevant authorities has started investigating non-governmental organisations (NGOs), associations, companies and individuals that have illegal investment schemes to collect funds from the public, said a top official of the regulator. ...
Kang Sothear
https://www.khmertimeskh.com/501188706/serc-begins-probe-into-illegal-investment-schemes/
Bakong digital transactions see remarkable growth
Bakong payment system infrastructure has increased remarkably and has contributed to the use of financial technology and innovations, the National Bank of Cambodia said on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501188708/bakong-digital-transactions-see-remarkable-growth/
Thailand, Cambodia join hands in demining along border
Thailand and Cambodia have agreed to cooperate to clear landmines along the countries’ border. Prime Minister Hun Sen said Thai Prime Minister Prayuth Chan-o-cha has agreed that the demining activities in the mine area along the border will be carried out smoothly and without issues ...
Torn Vibol
https://www.khmertimeskh.com/501189420/thailand-cambodia-join-hands-in-demining-along-border/
Information Minister urges for digital transformation adaptation
Minister of Information Khieu Kanharith has urged officials to adapt to digital transformation to facilitate work in Fourth Industrial Revolution. ...
Khmer Times Staff
https://www.khmertimeskh.com/501189768/information-minister-urges-for-digital-transformation-adaptation/