Khmer Times

Rice exports earn $123 million in Q1

Cambodia exported 166,451 tons of milled rice in the first quarter (Q1) of 2024, down 5.7 percent from 176,581 tons in the same period last year, a report from the Cambodia Rice Federation (CRF) showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469151/rice-exports-earn-123-million-in-q1/

SMEs provide 70 percent jobs in Cambodia

The Royal Government of Cambodia is committed to promoting small and medium enterprises (SMEs) which are the backbone of the national economy, providing 70 percent of jobs and contributing 58 percent to the GDP. ...

Manoj Mathew
https://www.khmertimeskh.com/501469153/smes-provide-70-percent-jobs-in-cambodia/

CDC approves projects worth $2.2 billion in first quarter

The Council for the Development of Cambodia (CDC) approved 106 fixed assets investment and expansion projects worth $2.2 billion in the first three months of this year, a jump of 649 percent over the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469196/cdc-approves-projects-worth-2-2-billion-in-first-quarter/

38 Startups and SMEs receive Khmer Enterprise Assistance packages for business stabilization and expansion

Khmer Enterprise (KE) hosted an event on April 5,2024 to hand over grants for 38 startups and small and medium enterprises (SMEs) to support them to stabilize their business, strengthen operations and enhance their export potential. ...

Khmer Times Staff
https://www.khmertimeskh.com/501468912/38-startups-and-smes-receive-khmer-enterprise-assistance-packages-for-business-stabilization-and-expansion/

MoT, SME Bank launch financial scheme to help tour operators in SR

The Ministry of Tourism (MoT) in collaboration with the Small and Medium Enterprise Bank of Cambodia (SME Bank) early this week launched financial schemes aimed at providing tourism business owners to develop or expand their operations in Siem Reap province. ...

Nhean Chamrong
https://www.khmertimeskh.com/501468046/mot-sme-bank-launch-financial-scheme-to-help-tour-operators-in-sr/

Japan-Cambodia Association to help attract investors, Sour says

The Japan-Cambodia Association office, officially inaugurated on Monday in Phnom Penh, will play an important role in attracting more Japanese businessmen and investors to Cambodia, said Heng Sour, Minister of Labor, Vocational Training (MLVT). ...

Chea Vanyuth
https://www.khmertimeskh.com/501467404/japan-cambodia-association-to-help-attract-investors-sour-says/

Cambodia ready to be a strategic partner of businessmen and investors

Cambodia is ready to be a strategic partner of businessmen and investors to seize ASEAN’s viable economic opportunities and is committed to working closely with ASEAN member states and dialogue partners to build a resilient, sustainable and competitive ASEAN Economic Community (AEC) for the common ...

Khmer Times Staff
https://www.khmertimeskh.com/501466969/cambodia-ready-to-be-a-strategic-partner-of-businessmen-and-investors/

PM forms new committee to address private sector issues

The Cambodian government has formed a committee tasked to solve problems faced by the private sector and promote investment and business environment in the country. ...

Chea Vanyuth
https://www.khmertimeskh.com/501467466/pm-forms-new-committee-to-address-private-sector-issues/

83 percent of Cambodians go for private healthcare

As high as 83 percent of Cambodians opt for private healthcare. A decision, which might lead to them getting financially stressed.​ ...

Rachel David
https://www.khmertimeskh.com/501466077/83-percent-of-cambodians-go-for-private-healthcare/

Cambodia ready to be a strategic partner of businessmen and investors

Cambodia is ready to be a strategic partner of businessmen and investors to seize ASEAN’s viable economic opportunities and is committed to working closely with ASEAN member states and dialogue partners to build a resilient, sustainable and competitive ASEAN Economic Community (AEC) for the common ...

Khmer Times Staff
https://www.khmertimeskh.com/501466077/83-percent-of-cambodians-go-for-private-healthcare/

STI key to driving Cambodia’s bid for higher income status

The advancement of Science, Technology, and Innovation is instrumental in propelling Cambodia towards its goal of becoming a high-level middle-income country by 2030 and a high-income country by 2050. ...

Ben Sokhean
https://www.khmertimeskh.com/501466738/sti-key-to-driving-cambodias-bid-for-higher-income-status/

NBC calls for more salary payments in Riel

The National Bank of Cambodia (NBC) Governor Chea Serey encouraged businesses in the Kingdom to prioritize internal policies to pay staff salaries in Khmer Riel (KHR) as opposed to the US dollar (USD), especially in regards to businesses involved in the garment, textile and footwear ...

James Whitehead
https://www.khmertimeskh.com/501465505/nbc-calls-for-more-salary-payments-in-riel/

Kingdom hosts int’l forum on climate change

The Ministry of Economy and Finance (MEF) in collaboration with Climate Investment Funds (CIF) and the Asian Development Bank (ADB) is co-hosting a four-day international forum aimed at exchanging experiences to address climate change, sustainable forestry and nature-based solutions in the Asia-Pacific region. ...

Nhean Chamrong
https://www.khmertimeskh.com/501466112/kingdom-hosts-intl-forum-on-climate-change/

Royal Group developing new SEZ in Kandal

Local conglomerate Royal Group is developing a new special economic zone (SEZ) in Kandal province to fulfill the increased demand for quality manufacturing facilities around Phnom Penh. ...

Chea Vanyuth
https://www.khmertimeskh.com/501466083/royal-group-developing-new-sez-in-kandal/

Cambodia supports investment and expansion of Japan-Cambodia labor cooperation

Heng Sour, Minister of Labor and Vocational Training, said that Cambodia is ready to support Japanese investors who want to invest in Cambodia and expand labor cooperation between Cambodia and Japan. ...

Khmer Times Staff
https://www.khmertimeskh.com/501466332/cambodia-supports-investment-and-expansion-of-japan-cambodia-labor-cooperation/

PM reaffirms Cambodia’s ambitious reforms to boost investment attractiveness

Prime Minister Hun Manet underlined the Royal Government’s ambition and comprehensive reforms to streamline processes and increase overall investor attractiveness. ...

Khmer Times Staff
https://www.khmertimeskh.com/501466559/pm-reaffirms-cambodias-ambitious-reforms-to-boost-investment-attractiveness/

PAS profits jump 45 percent in one year

The Sihanoukville Autonomous Port (PAS), the only international deep-sea port of Cambodia, yesterday, reported a net profit of KHR 121.96 billion for last year, a surge of KHR 37.81 billion or 44.93 percent compared to 2022. ...

Manoj Mathew
https://www.khmertimeskh.com/501466079/pas-profits-jump-45-percent-in-one-year/

Cambodia to further enhance education for good human capital

Prime Minister Hun Manet has reaffirmed the Royal Government of Cambodia (RGC)’s commitment to further enhance the education sector for good human capital for the national benefits. ...

Khmer Times Staff
https://www.khmertimeskh.com/501466943/cambodia-to-further-enhance-education-for-good-human-capital/

World Bank sees Cambodia and Philippines as fastest growing developing ASEAN economies this year

The World Bank forecast Monday that GDP in Cambodia and the Philippines would expand by 5.8 percent this year, making the two countries the fastest growing developing economies in Southeast Asia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501466304/world-bank-sees-cambodia-and-philippines-as-fastest-growing-developing-asean-economies-this-year/

Ministry initiates primary school reading competition

The Ministry of Education, Youth, and Sport has instructed all provincial and municipal education departments, school development committees and primary school management committees to organise reading competitions at the primary school level. ...

Torn Vibol
https://www.khmertimeskh.com/501466730/ministry-initiates-primary-school-reading-competition/

Cambodia’s economy projected at 6.6 pct in 2024: PM

Cambodia is expected to see a 6.6-percent rise in its economy in 2024 from 5.6 percent in 2023, the country’s Prime Minister Hun Manet said here on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501466941/cambodias-economy-projected-at-6-6-pct-in-2024-pm/

CABS provides opportunity for regional connectivity, says MoC

Cambodia’s commitment and efforts in unleashing the broader ASEAN market and beyond cropped up for discussion on Monday evening during the cocktail networking event of the Cambodia-ASEAN Business Summit (CABS) at Sofitel Phnom Penh Phokeethra in the capital. ...

Nhean Chamrong
https://www.khmertimeskh.com/501466686/cabs-provides-opportunity-for-regional-connectivity-says-moc/

Working together for better public service delivery

In a collaborative effort to bolster delivery of public services and foster greater citizen participation, the Secretariat of the National Committee for Sub-National Democratic Development (NCDD) and World Vision recently convened a forum in Phnom Penh. ...

Torn Vibol
https://www.khmertimeskh.com/501465536/working-together-for-better-public-service-delivery/

Informal MSMEs motivate to integrate into formal economy

Minister of Industry, Science, Technology, and Innovation Hem Vanndy said the government is committed to promoting micro, small and medium enterprises (MSMEs) access to finance and motivating informal SMEs to register into the formal economy. ...

Chea Vanyuth
https://www.khmertimeskh.com/501462328/informal-msmes-motivate-to-integrate-into-formal-economy/

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