Khmer Times

The Small and Medium Enterprise (SME) Bank of Cambodia will commence banking operations today. The bank has a mission to provide financing and commercial banking services in an effective and sustainable manner to support local small and medium enterprises with an objective to increase economic ...

The Securities Exchange Commission of Cambodia (SECC) has responded to concerns that a lack of licensed auditors may be affecting listed companies’ ability to submit interim financial results in full and on time to the market regulator. ...

Cambodia- and Hungary have pledged to boost economic and trade cooperation especially in the agriculture sector development. In the past bilateral trade between the two countries has been relatively small. ...

More than 290,000 hectares of paddy fields were inundated and over 87,000 hectare of paddy fields were damaged across the country as of Oct 27 because of flash flooding, according to a  report from the National Committee for Disaster Management (NCDM). ...

The Ministry of Environment has said that illegal encroachment on protected forest land continues to increase, however, large-scale timber logging activities have been prevented. ...

Hungary has officially reopened its Embassy office in the Kingdom after 25 years of closure in a bid to boost cooperation and ties between the two countries. ...

Prime Minister Hun Sen announced yesterday that he has gone into self-quarantine after reports that Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó who visited Cambodia on Tuesday reportedly tested positive for COVID-19. ...

The Ministry of Information issued a statement yesterday to address the concerns of Non-Governmental Organisations (NGOs) regarding press freedom in Cambodia, saying they are trying to mislead the public. ...

The Ministry of Health announced yesterday that in the first nine months of this year, there has been a 70 percent decrease in malaria cases when compared to the same period last year. ...

The Ministry of Environment yesterday warned that climate change is seriously affecting the lives of Cambodians through increasing natural disasters like floods, which impact the economy, society and security. ...

Ministry of Agriculture, Forestry, and Fisheries (MAFF) has estimated that more than 5,000 tonnes of rice seeds will be used for distribution to flood-stricken farmers, as 1,000 tonnes have been already distributed so far. ...

In 2015, the government set a target for 1 million tonnes of rice exports by 2020. It will miss it this year with an expected 800,000 tonnes and has reset it for next year. ...

Negotiations are still under way between Royal Railway Cambodia and the Cambodian Government on implementing a new concession agreement designed to improve Cambodia’s railway systems as well as keeping the infrastructure running in an orderly manner.​ ...

Speaking at the Global SME Finance Forum 2020 on moving into the future, the role of digitalisation in promoting SMEs’ access to finance, Chea Serey, director-general of the National Bank of Cambodia (NBC), said SMEs are considered to be a crucial sector for the economy ...

There was an increase in deaths in traffic accidents during the three-day Water Festival holiday this year, as 19 people were reportedly killed compared to 10 last year.   ...

The U.S. Embassy provided food assistance to over 2,500 flood-affected households in the Cambodian province of Pursat last week, funded by the U.S. Agency for International Development (USAID) and distributed through the United Nations World Food Programme (WFP). ...

The Kingdom of Cambodia and the Lao People’s Democratic Republic have discussed their cooperation in the field of education. ...

The National Assembly (NA) has unanimously approved six important draft laws to strengthen and expand the cooperation with foreign countries, according to a press release of the NA General Secretariat. ...

The International Monetary Fund (IMF) says closer cooperation between statistics-producing agencies in Cambodia is “essential” to improve the quality of macroeconomic statistics. ...

Cambodia exported 209,819 tons of dry rubber in the first nine months of 2020, up 21 percent compared to the same period last year, said a General Directorate of Rubber report. ...

Cambodia has exported nearly 1 million tonnes of milled rice as of the third quarter of 2020, and the figure could reach 1.2 million tonnes in a near future. The record was revealed on Tuesday by the Cambodia Rice Federation, underlining that the export followed ...

The Kingdom’s new draft law on investment is scheduled to be finalised by the end of November this year. It will help to drive the economic recovery in the context of COVID-19, according to the Ministry of Economy and Finance (MEF). ...

The construction of a combined more-than $400 million power transmission line connecting Cambodia to Laos and the Thai border will start next year, according to an official from the Ministry of Mines and Energy (MME). ...

Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalisation will be key to revitalising Southeast Asian economies devastated by Coronavirus, according to a new report from the Asian Development Bank (ADB). ...