News
ASEAN-International Wholesale Market opens for business
The ASEAN-International Wholesale Market, locally known as the New Deum Kor Market, was officially inaugurated last week in a ceremony including Khuong Sreng, Governor of Phnom Penh, Wang Wentian, Chinese Ambassador to Cambodia, and other representatives and stakeholders of the project. ...
James Whitehead
https://www.khmertimeskh.com/501481579/asean-international-wholesale-market-opens-for-business/
Commercial real estate market sees shops moving to high-end streets
In Phnom Penh, visibility seems to have become key to retailers. High-end brands are reportedly moving to more up-market locations like Prime High Street, versus community malls, retail podiums and prime shopping malls. ...
Rachel David
https://www.khmertimeskh.com/501481585/commercial-real-estate-market-sees-shops-moving-to-high-end-streets/
No closure yet for slain anti-logging fighter Chut Wutty after 12 years, activists call for reinvestigation
Non-governmental organizations (NGOs) and activists called on the government to reinvestigate the case of anti-logging activist Chut Wutty who was shot dead on April 26, 2012. ...
“Release wing star shoes union leader Chea Chan”, CATU pleads with Kampong Speu court
The Cambodian Alliance of Trade Unions (CATU) demands that Kampong Speu Provincial Court drop the criminal charge against Chea Chan, union president of Wing Star Shoes, and release him. ...
Sovann Sreypich
https://cambojanews.com/release-wing-star-shoes-union-leader-chea-chan-catu-pleads-with-kampong-speu-court/
Cambodia to have five more vehicle assembly factories
According to the Ministry of Commerce, five automobile manufacturers are reportedly building production facilities in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501481029/cambodia-to-have-five-more-vehicle-assembly-factories/
Govt asks investors to build EV production plants
The Ministry of Commerce (MoC) encouraged investors and businessmen to invest in car factories, especially the electric vehicles (EVs) and reap benefits from the FTAs that Cambodia has with many partners and the preferential tariffs received from developed countries. ...
Nhean Chamrong
https://www.khmertimeskh.com/501480747/govt-asks-investors-to-build-ev-production-plants/
Use domestic rubber as raw material, PM tells tyre factories
Prime Minister Hun Manet has asked all tyre factories in the country to use domestic rubber as raw material inputs, creating a market for rubber plantation farmers even as two more tyre factory projects have received in-principle approval for investment in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501480753/use-domestic-rubber-as-raw-material-pm-tells-tyre-factories/
Businesses encouraged to register for IP rights
The Ministry of Commerce (MoC) and the Ministry of Industry, Science, Technology, and Innovation jointly celebrated World Intellectual Property (IP) Day 2024, encouraging business owners to register their products to add value and strengthen competitiveness in domestic and foreign markets. ...
Chea Vanyuth
https://www.khmertimeskh.com/501480749/businesses-encouraged-to-register-for-ip-rights/
PM urges railway upgradation
Prime Minister Hun Manet yesterday urged the transport ministry and the Royal Railway Cambodia (RRC) to find ways to upgrade the existing railway to improve the country’s logistics infrastructure. ...
Chea Vanyuth
https://www.khmertimeskh.com/501481591/pm-urges-railway-upgradation/
Business forum to scale up Cambodia-Mexico trade, investment ties
Trade and investment cooperation between Cambodia and Mexico are expected to increase after a business forum which is planned to be organized in Phnom Penh soon. ...
Chea Vanyuth
https://www.khmertimeskh.com/501481587/business-forum-to-scale-up-cambodia-mexico-trade-investment-ties/
14 projects worth $213M approved in Sihanoukville
Another 14 projects worth $213 million received approval in Cambodia’s coastal city Sihanoukville recently which included 10 projects for reviving the construction of stalled buildings under the ‘Special Investment Promotion Program’ for the city, launched by Prime Minister Hun Manet earlier in January. ...
Manoj Mathew
https://www.khmertimeskh.com/501481583/14-projects-worth-213m-approved-in-sihanoukville/
Govt sets up alcohol working group to protect consumers
The government has set up a nine-member Alcohol Control Working Group (ACWG) to set technical measures, regulate advertising, ensure consumer protection, and promote competition. ...
Hang Punreay
https://www.khmertimeskh.com/501480071/govt-sets-up-alcohol-working-group-to-protect-consumers/
Turkey asks Cambodia to help develop its relations with ASEAN
Turkey is asking Cambodia to support the process of relationship-building with ASEAN nations that will help to expand closer cooperation with stakeholders across the region. ...
Hang Punreay
https://www.khmertimeskh.com/501480071/govt-sets-up-alcohol-working-group-to-protect-consumers/
Construction sees revival with $5 billion approved projects
Cambodia has seen more than $5 billion approved construction projects in 2023, as per data with CBRE Cambodia. This is a 79 percent increase compared to the previous year. ...
Rachel David
https://www.khmertimeskh.com/501480023/construction-sees-revival-with-5-billion-approved-projects/
Higher for Longer – The impact of higher interest rates in Cambodia
We do not need to be a rocket scientist to deduce that higher interest rates often cause more pain than (being a) panacea. ...
Mr Raymond Sia, CEO, Canadia Bank
https://www.khmertimeskh.com/501479396/higher-for-longer-the-impact-of-higher-interest-rates-in-cambodia/
Ministry of Labor and Vocational Training hosts Second Mekong Dialogue on labor mobility
The Ministry of Labor and Vocational Training hosted the second Mekong Dialogue on labor mobility on April 26, chaired by Hou Vuthy, Secretary of State of the Ministry of Labor. ...
Khmer Times Staff
https://www.khmertimeskh.com/501479178/ministry-of-labor-and-vocational-training-hosts-second-mekong-dialogue-on-labor-mobility/
Climate-smart agricultural techniques have significantly increased the annual crop profits of targeted farmers
Climate-smart agricultural techniques have significantly increased the annual crop profits of targeted farmers from $1401 to $2234 over the five-year implementation of the Systems Approach to Transformative Economic Empowerment and Resilience project. ...
Khmer Times Staff
https://www.khmertimeskh.com/501479169/climate-smart-agricultural-techniques-have-significantly-increased-the-annual-crop-profits-of-targeted-farmers/
Cambodia reaffirms commitment to work with CICA for prosperity of Asia
Secretary of State at the Ministry of Foreign Affairs and International Cooperation (MFAIC) Khy Sovanratana has received a courtesy call from Ambassador Kairat Sarybay, Secretary General of the Conference on Interaction and Confidence Building Measures in Asia (CICA). ...
Khmer Times Staff
https://www.khmertimeskh.com/501479122/cambodia-reaffirms-commitment-to-work-with-cica-for-prosperity-of-asia/
PM praises improved labour dispute resolution in Cambodia
Prime Minister Hun Manet is praising the increasingly successful resolution of labour disputes. ...
Torn Vibol
https://www.khmertimeskh.com/501479454/pm-praises-improved-labour-dispute-resolution-in-cambodia/
Cambodia’s exports to Japan rise 18.4%
Cambodia’s exports to Japan reached $365 million in the first quarter (Q1) of this year, an increase of 18.4 percent compared to the same period last year. ...
Manoj Mathew
https://www.khmertimeskh.com/501479402/cambodias-exports-to-japan-rise-18-4/
NBC, ERIA join hands to develop strategy for green digital finance
The National Bank of Cambodia (NBC) and the Economic Research Institution for ASEAN and East Asia have recently entered cooperation to develop a strategy for green digital finance in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501479400/nbc-eria-join-hands-to-develop-strategy-for-green-digital-finance/
ADB highlights post-LDC graduation challenges for Cambodia
Cambodia is on track to graduate from least developed country (LDC) status by 2027, according to a new report by the Asian Development Bank (ADB) that also raises concerns about some of the challenges that lie ahead. ...
Yatt Malai
https://kiripost.com/stories/adb-highlight-post-ldc-graduation-challenges-for-cambodia
China encouraged to invest more in Cambodia
Cambodia and China have agreed to enhance the China-Cambodia Free Trade Agreement’s implementation quality, with an expert suggesting the need to push harder for trade balance. ...
Mao Sreypich
https://kiripost.com/stories/china-encouraged-to-invest-more-in-cambodia
Cambodia’s investment policy preserves existing investments while fostering new ones; peace and stability are crucial, PM says
Prime Minister Hun Manet stated that the investment policy of the Royal Government of Cambodia is to preserve existing investments while also fostering new ones. ...
Khmer Times Staff
https://www.khmertimeskh.com/501479676/cambodias-investment-policy-preserves-existing-investments-while-fostering-new-ones-peace-and-stability-are-crucial-pm-says/