Khmer Times

The Micro, Small and Medium Entreprises (MSME) sector in Cambodia faces a funding shortage to the tune of $3.7 billion, said Tommy Boukhris, Asian Venture Philanthropy Network (AVPN) Cambodia Advisor and Senior Consultant & Portfolio Manager, EMC. ...

Prime Minister Hun Sen said that Cambodia has been boosting exports of manufacturing products – both garment and non-garment – and domestic tourism to support strong economic growth. ...

Prime Minister Hun Sen has stated that with the subsequent easing of administrative and health measures, Cambodia encourages openness and strengthening of economic integration by promoting investment, trade, by fully implementing free trade agreements. ...

Cambodia is pushing its vaccination drive as millions of doses of Covid-19 vaccines are set to expire soon and the government hopes it will help achieve herd immunity. ...

More and more tourists have flocked into Angkor Botanical Garden in Siem Reap province after the official inauguration last week. ...

The government announced yesterday that it will enforce a two-day ban on the consumption of alcohol during the upcoming Commune Election to promote a free, fair, and non-violent environment. ...

Political parties in Cambodia began a two-week campaign on Saturday for the fifth commune elections, which will be held on June 5, a National Election Committee (NEC) official said. ...

The Indonesian Embassy in Cambodia introduced the art of batik making and Indonesian jewellery styles by hosting two major workshops in Siem Reap. ...

More than one million people in Cambodia still live in fear and work in areas contaminated by mines and explosive remnants of war (ERWs), a senior official said here on Friday. ...

Cambodia and Singapore have agreed to work together to further boost their bilateral trade. ...

Council for the Development of Cambodia (CDC) has approved two new investment projects with a total capital of $6.1 million in Takeo and Kampong Speu. ...

Only 20% of hotels in Siem Reap province have reopened after the Covid-19 outbreak in the province subsided, most other hotels have either shut down or are temporarily closed, while others will reopen at a later date when tourist numbers increase. ...

The Ministry of Tourism puts a target of at least a million foreign tourists this year, outlining the main tourism markets as Asean, South East Asia countries, US, France and UK. ...

Poverty is stopping several students from returning to schools post-Covid times, say school authorities. The pandemic had affected millions of families across the country, but children suffered the most. ...

The European Union (EU) has allocated $1.5 billion to implement a joint development cooperation strategy for Cambodia from 2021 to 2027, a press release said. ...

In an effort to boost bilateral ties between Cambodia and India, Indian Prime Minister Narendra Modi reached out to Prime Minister Hun Sen and held a virtual meeting yesterday, according to a press release issued by the Embassy of India in Phnom Penh. ...

Prime Minister Narendra Modi held a virtual meeting with his Cambodian counterpart Hun Sen on Wednesday where they discussed a wide range of bilateral issues, including capacity building programmes and quick impact projects under the framework of Mekong-Ganga Cooperation. ...

The government yesterday released a financial intervention package of $150 million to revive the tourism sector by financing businesses affected by the Covid-19 pandemic in the last two years. ...

People hoping to hold weddings or other celebration and events on the streets of Daun Penh District will have to postpone them after the authorities banned any from taking place during election campaigns. ...

The 4th legislature of the Senate of Cambodia approved the draft law on food security in its extraordinary session held here this morning under the chairmanship of its President Samdech Say Chhum.   ...

Khuong Sreng, Governor of Phnom Penh, requested France to help build another wastewater treatment plant in the northwest of Phnom Penh, which will treat the water before it flows into the Tonle Sap. ...

Cambodia and Myanmar reaffirmed their commitment to strengthen, expand economic, trade and investment cooperation in bilateral framework during a recent meeting between Minister of Commerce Pan Sorasak and Myanmar’s Minister of Investment and Foreign Economic Relations Aung Naing Oo. ...

The consumption of electricity in the country has dropped to just over 2,000 megawatts in the wake of the Covid-19 pandemic, causing a huge loss to the government. Cambodia has a capacity to supply about 3,800 megawatts. ...

Cambodian economy will grow at 5.1 percent this year and 6.2 percent in 2023, according to the Ministry of Economy and Finance. ...