News

PM Inks five deals to boost ties with Thailand

Five Memorandums of Understanding (MoUs) were signed during Prime Minister Hun Manet’s visit to Thailand to strengthen the development of connectivity between Cambodia and the neighbouring country. ...

Yatt Malai
https://kiripost.com/stories/pm-inks-five-deals-to-boost-ties-with-thailand

Cambodia, Thailand target $15 billion trade by 2025

Prime Ministers of Cambodia and Thailand this week will meet in Bangkok and discuss steps for boosting bilateral trade, facilitating goods transport crossing the border, and removing barriers between the two countries. ...

Chea Vanyuth
https://www.khmertimeskh.com/501434816/cambodia-thailand-target-15-billion-trade-by-2025/

PM: Social protection programme benefits 6.5 million people and incurs $100 million per year

The Prime Minister of Cambodia, Dr. Hun Manet, stated that the Royal Government’s policy on social assistance interventions has been extensive in recent years, including the provision of health care services through ID Poor cards and NSSF membership cards, which involves more than 6.5 million ...

Khmer Times Staff
https://www.khmertimeskh.com/501435421/pm-social-protection-programme-benefits-6-5-million-people-and-incurs-100-million-per-year/

Gov’t to pump in $450M to upgrade public services

The Royal Government of Cambodia (RGC) is preparing to inject a budget of nearly $450 million to improve healthcare services, covering up to 9 million people across the country as well as other public services, especially the poor and vulnerable families which are in line ...

Nhean Chamrong
https://www.khmertimeskh.com/501435682/govt-to-pump-in-450m-to-upgrade-public-services/

SSEZ’s export-import valued at $3.36 billion in 2023

The total import and export volume of the Sihanoukville Special Economic Zone (SSEZ) were valued at $3.36 billion in 2023, a year-on-year increase of 34.8 percent, the zone’s operator said in a statement issued recently. ...

Khmer Times Staff
https://www.khmertimeskh.com/501435871/ssezs-export-import-valued-at-3-36-billion-in-2023/

DPM Sun Chanthol: New investment projects in January reflects investors’ confidence on Royal Government

Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), welcomed the new investment projects approved by CDC in January, stressing that this reflects the investors’ trust on the leadership of Prime Minister Hun Manet in maintaining peace ...

Khmer Times Staff
https://www.khmertimeskh.com/501435872/dpm-sun-chanthol-new-investment-projects-in-january-reflects-investors-confidence-on-royal-government/

Gov’t seeks more Japan investment

The Kingdom anticipates increased direct investment from the Japanese, as the Cambodian government and private sector highlight the country’s potential in geography, investment law, labour force and ability to export to international markets with trade preferences. ...

Hin Pisei
https://www.phnompenhpost.com/post-in-depth/gov-t-seeks-more-japan-investment

Air quality exceeds WHO standards: Ministry

The Ministry of Environment has announced that the Kingdom’s air quality exceeds the recommendations of the World Health Organisation (WHO), allaying public fears about air pollution. ...

Van Socheata
https://www.phnompenhpost.com/national/air-quality-exceeds-who-standards-ministry

Cambodia still committed to strong ASEAN-EU relations

Foreign minister Sok Chenda Sophea has expressed Cambodia’s commitment to enhancing the ASEAN-EU Strategic Partnership, noting that it is based on mutual respect, understanding and interests. ...

Samban Chandara
https://www.phnompenhpost.com/national/kingdom-still-committed-to-strong-asean-eu-relations

Schools banned from requesting extra fees from students

Authorities have banned the collection of fees ranging from 10,000 to 20,000 riel from students to pay for classroom facilities, electricity, and bathroom services as it is in contradiction to the Ministry of Education, Youth and Sports’ (MoEYS) guidelines. ...

Yatt Malai
https://kiripost.com/stories/schools-banned-from-requesting-extra-fees-from-students

Investment in financial sector falls 28.7%

Investment in the financial sector declined by 28.7 percent in 2023, despite an increase in foreign direct investment (FDI) of 14.5 percent, according to the National Bank of Cambodia’s (NBC) 2023 annual report. ...

Mao Sreypich
https://kiripost.com/stories/investment-in-financial-sector-falls-287

BRI-backed economic zone in Cambodia records 34.8 pct rise in trade volume in 2023

The value of imports and exports passing through the Sihanoukville Special Economy Zone (SSEZ) in Cambodia reached $3.36 billionin 2023, a year-on-year increase of 34.8 percent, the zone operator said in a recent statement. ...

Khmer Times Staff
https://www.khmertimeskh.com/501435120/bri-backed-economic-zone-in-cambodia-records-34-8-pct-rise-in-trade-volume-in-2023/

NSSF health coverage for more groups

The National Social Security Fund (NSSF) plans to offer free healthcare to new target groups under a new programme. The first and largest group includes vendors and those who work in related informal jobs, like street vendors. He added the other target groups include digital ...

Tith Kongnov
https://www.khmertimeskh.com/501434860/nssf-health-coverage-for-more-groups/

Cambodia spends $1.4 bln supporting poor, vulnerable people since 2019

Cambodia has spent $1.4 billion in assisting the poor and vulnerable people in the country since 2019, Minister of Social Affairs, Veterans and Youth Rehabilitation Chea Somethy said on February 5, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501435151/cambodia-spends-1-4-bln-supporting-poor-vulnerable-people-since-2019/

IMF forecasts Cambodia GDP at 6%, but warns of weak US, China growth

Following the pandemic, economic growth has been steady, the International Monetary Fund (IMF) said, with expansion projected at six percent in 2024, from an estimated 5.3 percent last year, thanks to tourism and non-garment exports. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/imf-forecasts-cambodia-gdp-at-6-but-warns-of-weak-us-china-growth

Cybersecurity law must be “business-friendly”

Cambodia must ensure that the draft cybersecurity law is kept “business-friendly” to prevent driving out international companies and discouraging new overseas investment in the nation, according to an expert. ...

Marissa Carruthers
https://kiripost.com/stories/cybersecurity-law-must-be-business-friendly

Deal inked to introduce financial literacy to curriculum

The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include the third phase of Embedding Financial Literacy into the school curriculum to raise awareness and improve student capability in financial management as the economy evolves. ...

Mao Sreypich
https://kiripost.com/stories/deal-inked-to-introduce-financial-literacy-to-curriculum

Cambodia loses 31% of protected Areas’ trees in one decade

Cambodia lost 31 percent of tree cover from its wildlife sanctuary protected areas between 2001 and 2022, and more than 100,000 hectares (ha) in 2022, equivalent to 1.2 percent, according to a Citizens Engaged in Environmental Justice for All (CEEJA) report.  ...

Thang Sinorn
https://kiripost.com/stories/cambodia-loses-31-of-protected-areas-trees-in-one-decade

SSEZ boosts Kingdom’s growth

Transportation experts and economists are expressing optimism regarding the continued increase in the value of exports and imports within the Sihanoukville Special Economic Zone (SSEZ) for 2024. ...

Hin Pisei
https://www.phnompenhpost.com/post-in-depth/ssez-boosts-kingdom-s-growth

Water shortages to end in capital from February: PPWSA

Residents of Phnom Penh will no longer face water shortages from late February, as daily supply capacity is set to exceed one million cubic metres, according to the Phnom Penh Water Supply Authority (PPWSA).​ ...

Niem Chheng
https://www.phnompenhpost.com/national/water-shortages-to-end-in-capital-from-february-ppwsa

Agriculture now 22 per cent of GDP

Despite being challenged by natural disasters, climate change and global crises, agriculture sector contributed about 22 per cent of Cambodia’s gross domestic product (GDP) in 2023, according to Minister of Agriculture, Forestry and Fisheries Dith Tina. ...

Van Socheata
https://www.phnompenhpost.com/national/agriculture-now-22-per-cent-of-gdp

Cambodia, World Bank enhance co-op

Prime Minister Hun Manet and Mariam Sherman, the World Bank (WB) country director for Cambodia, Myanmar and Laos, are dedicated to advancing human capital and enhancing six key sectors in Cambodia. These sectors encompass education, health, agriculture, digital technology, the environment and climate change. ...

Samban Chandara
https://www.phnompenhpost.com/national/cambodia-world-bank-enhance-co-op

Manet pledges ongoing protection for Tonle Sap

Prime Minister Hun Manet has committed to the continued protection of the Tonle Sap Lake, while also reiterating the government’s measures to support Cambodian farmers. ...

Sok Raksa
https://www.phnompenhpost.com/national/manet-pledges-ongoing-protection-for-tonle-sap

Ministry mulling SME cluster to help local farmers

The Ministry of Industry, Science, Technology, and Innovation has pushed for forming new small and medium enterprise (SME) clusters to help farmers sell their products to local productions, contributing to finished product export. ...

Chea Vanyuth
https://www.khmertimeskh.com/501431025/ministry-mulling-sme-cluster-to-help-local-farmers/

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