Khmer Times

Prime Minister Hun Sen yesterday announced that Cambodia’s Gross Domestic Product (GDP) grew by 5.5 percent in 2022, while the tax revenue collected from both customs and taxation grew by 2 percent higher than expected. ...

The National Social Assistance Fund (NSAF) was officially launched on January 1, 2023. The NSAF has been created through the integration of the National Social Security Fund for Civil Servants, the National Veterans Fund and the Department of Social Welfare. ...

A delegation from a high-end fashion and accessories producer has decided on Cambodia as their investment destination. ...

With the expected revival of economic activities and China’s decision to ease Covid-19 curbs, many ASEAN and Indo-Pacific states are scrambling to import workers and they are looking at Cambodia. ...

Cambodian Prime Minister Hun Sen said on Monday that China’s upcoming reopening of its borders will revitalize the kingdom’s economy and tourism. ...

Cambodian Prime Minister Hun Sen said here on Monday that the Belt and Road Initiative (BRI) has provided a lot of tangible benefits to his country and other participating countries. ...

More than 1 million vehicles had travelled on Cambodia’s first-ever expressway in the first three months since its inauguration in October last year, according to data released by the freeway operator on Monday. ...

The year of 2022 marked another fruitful year of pragmatic cooperation between Cambodia and China as the two countries have enjoyed bigger trade and investment volumes, officials and academics said. ...

With the country having controlled the spread of Covid-19, Cambodians and foreigners were able to celebrate the New Year and more than two million tourists were recorded in two days. ...

Trade volume between Cambodia and China reached $14.5 billion this year, an increase of 19 percent compared to last year, said Prime Minister Hun Sen today. ...

The Regional Comprehensive Economic Partnership (RCEP), the world’s biggest free trade deal, is all about “win-win” cooperation and is “not a zero-sum game,” a Cambodian government official has said. ...

Implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35, a pact with Japan to make Sihanoukville a major port, a $50-million loan from the Asian Development Bank to back economic diversification and boost competitiveness, and extension of the Better Factories Cambodia (BFC) programme ...

Cambodia’s microfinance sector recorded over 20 percent growth both in terms of loans and deposits by the end of 2022 compared to the same period in 2021, despite the Covid-19 pandemic and the war in Ukraine, according to the Cambodia Microfinance Association (CMA). ...

The National Election Committee (NEC) is preparing to set the date for the election of councillors of the new five districts created by the government through a sub-decree. ...

The need to fast-track Cambodia’s National Energy Efficiency Policy assumed greater importance as Prime Minister Hun Sen recently reiterated the call to adopt energy-saving measures amidst mounting losses for the Electricite du Cambodge (EDC). ...

The Government has vowed to improve student’s proficiency in STEM (Science, Technology, Engineering and Math) skills as many students lack these key learning skills. ...

Cambodia and Sri Lanka have exempted visas for Diplomatic and Official passport holders, the Foreign Ministry said Tuesday. ...

Rising demand from the US has contributed to faster growth of the travel goods (TG) industry in Cambodia in comparison to the garment industry for some time, reveal recent estimates. ...

The Cambodia Special Economic Zone Committee of the Council for the Development of Cambodia (CDC) issued the certificate of registration for four companies. ...

In its Cambodia Economic Update, the World Bank has said that the country’s commercial real estate sector faces increased risks as financial conditions tighten. ...

Prime Minister Hun Sen said Cambodia will end the land registration in 2023. Addressing to the closing ceremony of the annual meeting of the Ministry of Land Management, Urban Planning and Construction and the inauguration ceremony of the National Construction Laboratory, held Tuesday, Mr Hun ...

Prime Minister Hun Sen said Cambodia has done many things in contribution to ASEAN, including the entry into force of the Regional Comprehensive Economic Partnership (RCEP) and the signing of the Declaration on the Conduct of Parties in the South China Sea. (DOC). ...

Cambodian Prime Minister Hun Sen said here on Monday that China’s aid has greatly contributed to the socioeconomic development and poverty reduction in the Southeast Asian country. ...

Both RCEP and the CCFTA have been in effect since January 2022. “RCEP and the CCFTA are all free trade agreements that mutually open the market in all participating countries, thus giving farmers choices to export their agricultural products to various countries,” he told Xinhua ...