Khmer Times

Phnom Penh’s informal economy on​​boarding campaign paves path for national expansion

The Coordinating Committee on Informal Economy Development (CCIED), in collaboration with the Phnom Penh Municipal Administration, co-organise an outreach campaign with 1,500 members of Phnom Penh’s informal economy on January 20.​ ...

Khmer Times Staff
https://shorturl.at/ZfLWk

CCIED to set up M&E framework for informal economy

The Coordinating Committee for Informal Economy Development (CCIED), in collaboration with the UNDP, ILO, and the Cambodia-Australia Partnership for Resilient Economic Development (CAPRED), Monday organized a consultation workshop to establish a Monitoring and Evaluation (M&E) Framework for the National Strategy for Informal Economy Development 2023-2028. ...

Sum Manet
https://shorturl.at/dktl5

China remains Cambodia’s largest FDI source

China has been Cambodia’s largest source of foreign investment, accounting for almost 50 percent of the total investment amount last year, according to a report from the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501623409/china-remains-cambodias-largest-fdi-source/

Cambodia’s exports to US touch nearly $10 billion

Cambodia’s exports to the United States surged to nearly $10 billion from January to December 2024, up 11 percent compared to the previous year, according to a recent report from General Department of Customs and Excise of Cambodia. ...

Sum Manet
https://www.khmertimeskh.com/501623274/cambodias-exports-to-us-touch-nearly-10-billion/

CDC approves 10 SEZ investment projects worth $850 million

The Council for the Development of Cambodia (CDC) approved 10 special economic zone (SEZs) investment projects worth $850 million in 2024, creating approximately 4,000 jobs, said a CDC report on Friday. ...

Sum Manet
https://www.khmertimeskh.com/501623262/cdc-approves-10-sez-investment-projects-worth-850-million/

Steel imports surge 70% on construction boom

Cambodia’s steel imports jumped almost 70 percent last year, driven by one of the fastest-growing construction sectors in Southeast Asia. ...

Terry Friel
https://www.khmertimeskh.com/501623250/steel-imports-surge-70-on-construction-boom/

Cambodia’s exports up 15.7% to $26 billion in 2024, GDCE says

Cambodia exported goods worth approximately $26.19 billion last year, up 15.7 percent from $22.64 billion in 2023, a report from the General Department of Customs and Excise of Cambodia (GDCE) showed last Friday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501622624/cambodias-exports-up-15-7-to-26-billion-in-2024-gdce-says/

Kingdom’s GFT exports hit record-high $13.74 billion

Cambodia’s exports of garments, footwear and travel goods (GFT) earned the country a record $13.74 billion in 2024, an increase of 23.78 percent compared to the same period last year, the latest trade data of the General Department of Customs and Excise (GDCE) showed. ...

Manoj Mathew
https://www.khmertimeskh.com/501622618/kingdoms-gft-exports-hit-record-high-13-74-billion/

Cambodia exports 11.6M tonnes of agri products, earns $4.8B

Cambodia has produced a total volume of 39 million tonnes of crop production nationwide in 2024, up 7.4 percent from 36.3 million tonnes in 2023, a report from the Ministry of Agriculture, Forestry, and Fisheries showed on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501623238/cambodia-exports-11-6m-tonnes-of-agri-products-earns-4-8b/

Govt gathers input to boost industrial sector

The Royal Government of Cambodia (RGC) held a meeting to review the implementation of the Cambodia Industrial Development Policy (IDP) from 2021 to 2023 to gather inputs to promote industrialisation, enhance its competitiveness and support the diversification of the national economy. ...

Nhean Chamrong
https://www.khmertimeskh.com/501623268/govt-gathers-input-to-boost-industrial-sector/

Cambodia will host World Rice Conference this year

Cambodia will host the World Rice Conference in 2025, following the country’s fragrant rice Malys Angkor winning the World’s Best Rice title last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501621626/cambodia-will-host-world-rice-conference-this-year/

Cambodia’s tax revenue from casinos, game of chance operators up 85 pct in 2024

Cambodia earned tax revenue of $63.1 million from casinos and game of chance operators in 2024, a year-on-year increase of 85 percent, according to data from the Commercial Gambling Management Commission of Cambodia (CGMC) released on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501621182/cambodias-tax-revenue-from-casinos-game-of-chance-operators-up-85-pct-in-2024/

Govt launches digital property services nationwide

The Ministry of Land Management, Urban Planning & Construction (MLMUPC) yesterday launched a digital system for property services, enabling individuals to sell, gift, mortgage and pledge their assets across the country. ...

Nhean Chamrong
https://www.khmertimeskh.com/501620357/govt-launches-digital-property-services-nationwide/

Real estate, construction loans hit $13.51 billion

The construction and real estate sectors in Cambodia have shown positive signs in 2024, with lending to these sectors increasing to $13.51 billion as of October 2024, according to a report by the National Bank of Cambodia (NBC) released at the end of December 2024. ...

Sum Manet
https://www.khmertimeskh.com/501619734/real-estate-construction-loans-hit-13-51-billion/

Australian firm reports record production at Mondulkiri gold mine

Australia’s Emerald Resources NL has announced record output from its Okvau gold mine in Mondulkiri province for the December quarter of 2024. ...

Terry Friel
https://www.khmertimeskh.com/501620363/australian-firm-reports-record-production-at-mondulkiri-gold-mine/

MME on track to achieve 2030 RE target

The Ministry of Mines and Energy (MME) has accelerated its efforts to achieve the target of 70 percent of power generated from renewable energy (RE) sources in the total power mix by 2030. ...

Manoj Mathew
https://www.khmertimeskh.com/501619710/mme-on-track-to-achieve-2030-re-target/

Ministry mulls expanding modern vegetable farming in Takeo

A senior official for the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday said that the modern vegetable farming community in Takeo province’s Tram Kak district will add 100 more net houses in the next two to three months to ensure sustainable supply to the ...

Mom Kunthea
https://www.khmertimeskh.com/501620941/ministry-mulls-expanding-modern-vegetable-farming-in-takeo/

K Cham’s economy grew by 8.6% in 2024

Kampong Cham province’s economy grew by 8.6 percent to reach $2.65 billion driven primarily by the agricultural, industrial, and service sectors, according to a report by Un Chanda, Governor of Kampong Cham Province. ...

Sum Manet
https://www.khmertimeskh.com/501620938/k-chams-economy-grew-by-8-6-in-2024/

Kampot Int’l Tourism Port targets 1 million tourists next year

The newly opened Kampot International Tourism Port (KITP) expects to attract half a million Cambodian and international tourists this year, doubling to 1 million next year. ...

Terry Friel
https://www.khmertimeskh.com/501620945/kampot-intl-tourism-port-targets-1-million-tourists-next-year/

Minimum wage hike will sustain investment competitiveness

The new minimum wage set by the Royal Government came into effect this month. This will enhance productivity and foster harmonious professional relations between employers, unions and stakeholders, said a top government official on Friday. ...

Mom Kunthea
https://www.khmertimeskh.com/501619722/minimum-wage-hike-will-sustain-investment-competitiveness/

MISTI introduces seven new online public services

The Ministry of Industry, Science, Technology & Innovation (MISTI) has unveiled seven new online public services, further boosting accessibility, efficiency, and transparency in its operations. ...

Ben Sokhean
https://www.khmertimeskh.com/501620369/misti-introduces-seven-new-online-public-services/

Cambodia records significant 48 percent increase in number of Chinese tourists to Angkor

Cambodia reported a 48 percent increase in the number of Chinese tourists to the UNESCO-listed Angkor Archaeological Park in 2024; an official report showed on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501618883/cambodia-records-significant-48-percent-increase-in-number-of-chinese-tourists-to-angkor/

Cambodia-Korea trade reaches $762 mil in 2024, 11.49% growth

The bilateral trade volume between Cambodia and South Korea reached $762 million by the end of last year, reflecting an 11.49% increase compared to the previous year. Cambodian exports accounted for $288 million of this total, rising by 13.77%, according to the Ministry of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/501618608/cambodia-korea-trade-reaches-762-mil-in-2024-11-49-growth/

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