News

Siem Reap hosts regional training course on “Exchange Rate Policy”

The National Bank of Cambodia (NBC) has been hosting a training course of “Exchange Rate Policy” with the participation of 34 representatives from central banks and monetary authorities of 12 countries in Asia Pacific Region. ...

Khmer Times Staff
https://www.khmertimeskh.com/501348464/siem-reap-hosts-regional-training-course-on-exchange-rate-policy/

East Asian economic ministers warn of threat posed by global conflicts

The ASEAN East Asian Economic Ministers’ Meeting has warned of the threat posed by geopolitical conflicts, noting that they have the potential to hindering the benefits brought about by globalisation. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/east-asian-economic-ministers-warn-threat-posed-global-conflicts

Cambodia’s Hun Manet, new Thai PM pledge close co-op

On August 22, both Cambodia and Thailand welcomed new prime ministers, marking a unique coincidence. Former Prime Minister Hun Sen acknowledged this in a post to his official Telegram channel, highlighting the synchronicity of two constitutional monarchies ushering in new leadership on the same day. ...

Samban Chandara
https://www.phnompenhpost.com/national-politics/cambodias-hun-manet-new-thai-pm-pledge-close-co-op

Digital learning in Ratanakiri to get drop-outs back to school

Plan International in cooperation with Ratanakiri’s provincial department of Education, Youth and Sport conducted teaching sessions for 5,400 drop out students to attend school and access formal education through the project “Enhancing Quality Learning for Out of School Children in Northeastern Cambodia (EQUAL)” by accessing ...

Tith Kongnov
https://www.khmertimeskh.com/501348210/digital-learning-in-ratanakiri-to-get-drop-outs-back-to-school/

Siem Reap to build light rail line from Siem Reap-Angkor International Airport to Siem Reap city

Siem Reap will build a light rail line from Siem Reap-Angkor International Airport to Siem Reap city, according to a consultation meeting between relevant institutions and China Metro to collect information and data for the study of the light rail project by the Ministry of ...

Gov’t to use tech to fructify economic agenda

The new government under the leadership of Prime Minister Hun Manet will make use of optimum technology to push forward its socio-economic policy agendas to transform the rectangle into Pentagon Strategy, said a statement. ...

Kang Sothear
https://www.khmertimeskh.com/501348057/govt-to-use-tech-to-fructify-economic-agenda/

Reforms improve education quality benefitting 500,000 students in Cambodia

Almost half a million students—52 percent of them girls have benefited from the improved school operations, learning facilities, and capacities of teachers and school leaders this project yielded. The project also formed the backbone of the country’s distance teaching and learning program or efforts during ...

Khmer Times Staff
https://www.khmertimeskh.com/501348492/reforms-improve-education-quality-benefitting-500000-students-in-cambodia/

New foreign minister all set to pursue predecessor’s reforms

Cambodia’s new foreign minister Sok Chenda Sophea, who is former secretary-general of the Council for the Development of Cambodia (CDC), pledges to complete the implementation of reforms introduced by his predecessor Prak Sokhonn. ...

Van Socheata 
https://www.phnompenhpost.com/national-politics/new-foreign-minister-all-set-pursue-predecessors-reforms

NSAF planning fresh initiatives

In 2024, new social assistance initiatives are set to launch, following the completion of several existing programmes under the National Social Assistance Fund (NSAF). ...

Chea Sokny
https://www.phnompenhpost.com/national/nsaf-planning-fresh-initiatives

ASEAN sec-gen applauds implementation of RCEP

ASEAN Secretary-General Kao Kim Hourn expressed optimism with the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement in a transparent manner, as businesses in the region have wider opportunities to trade and invest now. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/asean-sec-gen-applauds-implementation-rcep

New book delves into dynamics of geo-politics, int’l trade, legal affairs

In a recent book launch at CamTech University in Phnom Penh, former commerce minister Pan Sorasak hailed the release of RCEP: Part 1: Geo-Political, Geo-Economic and Legal Analysis. ...

Van Socheata 
https://www.phnompenhpost.com/national/new-book-delves-dynamics-geo-politics-intl-trade-legal-affairs

More investment anticipated following Fujian investors’ visit

Cambodia is optimistic of an increase in direct investment or joint ventures with Chinese investors following a successful visit by a delegation of entrepreneurs from Fujian province who specialise in sectors such as mining, energy, manufacturing, tourism, accommodation, and heating and air conditioning. ...

Hin Pisei
https://www.phnompenhpost.com/business/more-investment-anticipated-following-fujian-investors-visit

Cattle farmers concerned by falling prices, illegal imports

A large number of cattle raisers have complained that cow prices have fallen and not many traders have been buying cows for more than a month. A local livestock raising association has suggested that falling prices may be due to an increase in meat imports ...

Van Socheata 
https://www.phnompenhpost.com/business/cattle-farmers-concerned-falling-prices-illegal-imports

Siem Reap tourism firms work to boost visitors

Around 100 tourism operators, as well as provincial leaders and officials, gathered in Siem Reap recently to strategise attracting more international tourists, as the provincial airport’s mid-October opening approaches. ...

Chea Sokny
https://www.phnompenhpost.com/business/siem-reap-tourism-firms-work-boost-visitors

Cambodia-HK expo tipped to increase trade

Bilateral trade between Cambodia and China is expected to grow with the interest shown by traders and investors during the Cambodia-Hong Kong exhibition in Phnom Penh, which featured over 40 companies. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-hk-expo-tipped-increase-trade

Red corn prices climb slightly amidst harvest season in Battambang

Red corn prices in Battambang province during the ongoing 2023 harvest season have shown a slight increase compared to the corresponding period last year. However, weather conditions have marginally impacted the quality of red corn kernels this year. ...

Hin Pisei
https://www.phnompenhpost.com/business/red-corn-prices-climb-slightly-amidst-harvest-season-battambang

South Korean exports jump 20%

Cambodia netted $164.7 million from exports to South Korea in the first seven months of 2023, an increase of 21.6 per cent compared to $135.5 million in the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/south-korean-exports-jump-20

Land sales spur revenue increase for PPSP in Q2

Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...

May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2

New concession in Botum Sakor National Park handed to Cambodia’s Royal Group

The Cambodian government has awarded another large swath of Botum Sakor National Park to local conglomerate Royal Group, carving out yet more land from this ostensibly protected area to hand over to private developers. ...

Gerald Flynn
https://news.mongabay.com/2023/08/new-concession-in-botum-sakor-national-park-handed-to-cambodias-royal-group/

Agriculture ministry pushes robusta cultivation

A senior official at the Ministry of Agriculture, Forestry and Fisheries said that with a significant increase in coffee consumption in Cambodia, the ministry supports the expansion of robusta coffee bean cultivation, noting that it remains limited. ...

Van Socheata 
https://www.phnompenhpost.com/business/agriculture-ministry-pushes-robusta-cultivation

Double taxation agreement with UAE ‘nearly complete’

Cambodia and the United Arab Emirates (UAE) are expected to sign a Double Taxation Agreement (DTA) soon seeing that negotiations on the content are 96 per cent complete, the General Department of Taxation (GDT) stated. ...

Hin Pisei
https://www.phnompenhpost.com/business/double-taxation-agreement-uae-nearly-complete

World leaders share best wishes with Hun Manet

World leaders have been quick to convey their congratulations to Hun Manet as he took the reins as Prime Minister of Cambodia on August 22.​ ...

Neang Sokunthea
https://www.phnompenhpost.com/national/world-leaders-share-best-wishes-hun-manet

Government gives 9,968 hectares in Botum Sakor National Park to Royal Group

Tycoon Kith Meng’s Royal Group company received 9,968 hectares inside Botum Sakor National park in Koh Kong province, according to a January 25 sub-decree signed by Prime Minister Hun Sen and published earlier this month. ...

Runn Sreydeth and Phon Sothyroth
https://cambojanews.com/government-gives-9968-hectares-in-botum-sakor-national-park-to-royal-group/

New gov’t more than doubles secretary and undersecretary of state positions in ministries

The newly formed government has 1,422 secretaries or undersecretaries of state — a 121.8% increase from the previous government, which had only 641 officials in those positions. ...

Khuon Narim
https://cambojanews.com/new-govt-more-than-doubles-secretary-and-undersecretary-of-state-positions-in-ministries/

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