Khmer Times
Govt plans to allocate $27 million to support poor students next year
The government, through its social protection system, plans to allocate $27 million for next year to support underprivileged students nationwide. ...
Nop Sreymao
https://www.khmertimeskh.com/501612923/govt-plans-to-allocate-27-million-to-support-poor-students-next-year/
NBC says Ratanakiri transacts 91 percent of riel currency
The National Bank of Cambodia (NBC) Friday said that 91 percent of transactions in Ratanakiri are conducted in riel. ...
Nhean Chamrong
https://www.khmertimeskh.com/501612864/nbc-says-ratanakiri-transacts-91-percent-of-riel-currency/
WB highlights key barriers for businesses in Kingdom
‘Cambodia Economic Update December 2024’, the World Bank report released recently records several business barriers that continue to inhibit the labour productivity of Cambodian-based businesses, reducing the ability of some enterprises to successfully expand operations in the country. ...
James Whitehead
https://www.khmertimeskh.com/501612860/wb-highlights-key-barriers-for-businesses-in-kingdom/
Cambodia set to unveil strategic program to boost competitiveness
Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth Friday said that the Royal Government plans to launch a program to ‘promote competitiveness, increase diversification and strengthen resilience for economic growth in a highly uncertain global environment 2025-2028’. ...
Mom Kunthea
https://www.khmertimeskh.com/501612868/cambodia-set-to-unveil-strategic-program-to-boost-competitiveness/
Cambodia’s investment climate shows promising trends
The investment climate in Cambodia is showing significant growth in 2024, with promising opportunities and positive growth trends in the coming years, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC). ...
Sum Manet
https://www.khmertimeskh.com/501612866/cambodias-investment-climate-shows-promising-trends/
UN confirms Cambodia to shed LDC status in 2029
In a landmark moment for Cambodia, the UN General Assembly adopted a resolution later last week confirming the graduation of Cambodia from the Least Developed Countries (LDC) category in 2029 along with the African country Senegal. ...
Manoj Mathew
https://www.khmertimeskh.com/501612877/un-confirms-cambodia-to-shed-ldc-status-in-2029/
Social protection system to allocate over $20 million monthly support to approximately 450,000 disadvantaged students nationwide
Chan Narith, Secretary-General of the National Social Protection Council, announced that the social protection system intends to allocate nearly $30 million to provide monthly subsidies for approximately 450,000 underprivileged students. ...
Khmer Times Staff
https://www.khmertimeskh.com/501612725/social-protection-system-to-allocate-over-20-million-monthly-support-to-approximately-450000-disadvantaged-students-nationwide/
PM pushes for nationwide land measurement completion
The government is pushing for the completion of nationwide land measurement by next year, leading to the distribution of land titles to citizens by 2027. ...
Torn Vibol
https://www.khmertimeskh.com/501612535/pm-pushes-for-nationwide-land-measurement-completion/
Cambodia commits to UN peace and humanitarian initiatives
At the closing ceremony of the United Nations Triangular Partnership Programme (UNTPP) in Kampong Speu on Friday, Minister of Foreign Affairs and International Cooperation, Prak Sokhonn, reaffirmed Cambodia’s commitment to working with the United Nations in 2024 and beyond, emphasising efforts to uphold peace, stability ...
Som Sotheary
https://www.khmertimeskh.com/501612481/cambodia-commits-to-un-peace-and-humanitarian-initiatives/
Govt approves investments worth nearly $7B this year
Prime Minister Hun Manet on Friday said that the Council for the Development of Cambodia (CDC) approved 414 investment projects worth $6.90 billion in 2024, an increase of 40 percent compared to $4.92 billion last year. ...
Nhean Chamrong
https://www.khmertimeskh.com/501612421/govt-approves-investments-worth-nearly-7b-this-year/
Ministry of Commerce registers nearly 10,000 new businesses in 2024
The Ministry of Commerce registered 9,530 new companies and enterprises in the January-November period of 2024, down 17 per cent from 11,506 in the same period last year, the ministry’s report showed on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501611454/ministry-of-commerce-registers-nearly-10000-new-businesses-in-2024/
Cambodia-Korea trade reaches $762M in 2024
Bilateral trade volume between Cambodia and South Korea reached $762 million in 2024, an increase of 11.49 percent compared to the previous year, according to a report from the Ministry of Commerce (MoC), released yesterday. ...
Sum Manet
https://www.khmertimeskh.com/501611221/cambodia-korea-trade-reaches-762m-in-2024/
China shrugs off media report, reaffirms Cambodia commitments
Chinese Ambassador to Cambodia Wang Wenbin Tuesday emphasised the enduring strength and success of China-Cambodia cooperation, and expressed Beijing’s unwavering support for the development of Kingdom’s infrastructure projects. ...
Taing Rinith
https://www.khmertimeskh.com/501610490/china-shrugs-off-media-report-reaffirms-cambodia-commitments/
Govt rolls out SARMIS to track state assets
The Royal Government Wednesday launched the second version of the State Asset Register Management Information System (SARMIS Online) to enhance the efficiency and transparency of the Kingdom’s inventory by providing a centralised platform for recording, tracking and reporting state assets. ...
Nhean Chamrong
https://www.khmertimeskh.com/501611217/govt-rolls-out-sarmis-to-track-state-assets/
Kingdom, AFD, EU ink 3 financing agreements worth $192M
Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance Wednesday joined Sandrine Boucher, French Development Agency (AFD) Country Director, Fabrice Etienne, Chargé d’Affaires of the French Embassy to the Kingdom of Cambodia, and Bryan Fornari, Head of Cooperation, EU Delegation in Cambodia to ...
Khmer Times Staff
https://www.khmertimeskh.com/501611219/kingdom-afd-eu-ink-3-financing-agreements-worth-192m/
MoE presents work outcomes, future plans
The Ministry of Environment concluded its two-day “2024 Environmental Work Review and 2025 Work Directions Conference” yesterday, with Minister of Environment Eang Sophalleth presenting the outcomes and future plans. ...
Ben Sokhean
https://www.khmertimeskh.com/501610511/moe-presents-work-outcomes-future-plans/
Development banks stress need to link skills to industry demands in Cambodia
In its annual Cambodia Economic Update, released this month, the World Bank notes that only 39 per cent of Cambodian firms cite inadequate education as an obstacle to doing business. ...
Khmer Times Staff
https://www.khmertimeskh.com/501610752/development-banks-stress-need-to-link-skills-to-industry-demands-in-cambodia/
Higher percentage of indigenous people than Khmer in labour market
The percentage of indigenous people who contribute to the labour market is higher than that of Khmer people, especially in agriculture, according to the 2024 National Report on the Demographic and Socio-Economic Situation of Indigenous People in Cambodia released by the Ministry of Planning. ...
Phuong Sothiny
https://www.khmertimeskh.com/501610509/higher-percentage-of-indigenous-people-than-khmer-in-labour-market/
Cambodian, Thai FMs pledge to strengthen strategic partnership
Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, and Maris Sangiampongsa, Thailand’s Minister of Foreign Affairs, have agreed to collaborate in advancing their strategic partnership. ...
Cambodia, ADB sign 6 projects worth $403 million this year
The Royal Government of Cambodia (RGC) and the Asian Development Bank (ADB) signed concessional loan and grant agreements worth $403 million to finance six projects in 2024, marking a significant increase of 112 percent compared to $190 million in 2023. ...
Nhean Chamrong
https://www.khmertimeskh.com/501610480/cambodia-adb-sign-6-projects-worth-403-million-this-year/
Cambodia’s GDP projected to reach 5.5% in 2025 and 2026
Cambodia’s Gross Domestic Product (GDP) growth is projected to marginally improve, reaching 5.5 percent in 2025 and 2026, according to the World Bank’s ‘Cambodia Economic Update: From Recovery to Resilience – Harnessing Tourism and Trade as Drivers of Growth,’ released recently. ...
Sum Manet
https://www.khmertimeskh.com/501610494/cambodias-gdp-projected-to-reach-5-5-in-2025-and-2026/
New treatment plant boosts Capital’s clean water supply
The inauguration of the Boeung Thum Water Treatment Plant marks a significant milestone in Cambodia’s efforts to meet National Drinking Water Quality Standards and align with WHO guidelines. ...
Ben Sokhean
https://www.khmertimeskh.com/501609830/new-treatment-plant-boosts-capitals-clean-water-supply/
ANA slams UN Rapporteur’s report on human rights in Angkor area
The Apsara National Authority (ANA) has emphasised that the government always pays close attention to residents who have illegally resided in protected areas and have voluntarily resettled by providing them with support. ...
Cambodia’s population reaches over 17 mil, with 2.1% annual growth rate
The preliminary results of Cambodia’s 2024 population census reveal that the country’s total population has reached 17,280,543, with an annual average growth rate of 2.1%. ...
Hang Punreay
https://www.khmertimeskh.com/501609838/cambodias-population-reaches-over-17-mil-with-2-1-annual-growth-rate/