Khmer Times

Digital platform for informal economy to spur Kingdom’s GDP

The Ministry of Industry, Science, Technology and Innovation (MISTI) weighed the challenges of launching a digital platform for the informal economy recently. The Coordinating Committee for Developing the Informal Economy presented a progress update on the strategy during the meeting held at the MISTI headquarters ...

Jigme Palden Pazo
https://www.khmertimeskh.com/501546087/digital-platform-for-informal-economy-to-spur-kingdoms-gdp/

Tonle Sap’s first Ecotourism Forum held in Phnom Penh

The Minister of Tourism and Chairman of the National Committee for Management and Development of Community-Based Tourism and Ecotourism, Sok Soken, presided over the Opening Ceremony of the First Annual Tonle Sap Ecotourism Network Forum on Thursday in Phnom Penh. Under the theme “Strengthening Tourism ...

Mom Kunthear
https://www.khmertimeskh.com/501546405/tonle-saps-first-ecotourism-forum-held-in-phnom-penh/

Consumer loans swell by 12%, reflecting banking industry growth

Consumer loans increased by 12 percent in the first half of 2024 compared to the previous year’s figure of 10.5 percent, said Association of Banks in Cambodia (ABC) Chairman and MayBank CEO Rath Sophoan at the Cambodia Banking Conference 2024, on Thursday. ...

Rachel David
https://www.khmertimeskh.com/501546093/consumer-loans-swell-by-12-reflecting-banking-industry-growth/

Cambodia, Indonesia to expedite MoU on rice trading soon

With the trade volume between Cambodia and Indonesia exceeding $1 billion in 2023, the two countries on Thursday agreed to expedite the Memorandum of Understanding (MoU) on rice trade.​ ...

Mom Kunthear
https://www.khmertimeskh.com/501546079/cambodia-indonesia-to-expedite-mou-on-rice-trading-soon/

NCSTI aims to enhance scientific collaboration and accelerate R&D

The National Council of Science, Technology & Innovation (NCSTI) recently held its 4th meeting to evaluate progress and establish strategic direction for Cambodia’s Science, Technology and Innovation (STI) sector.​ ...

Ben Sokhean
https://www.khmertimeskh.com/501546131/ncsti-aims-to-enhance-scientific-collaboration-and-accelerate-rd/

Oddar Meanchey, Prey Veng at risk of losing rice to drought

The Oddar Meanchey Provincial Department of Agriculture, Forestry and Fisheries said that more than 4,000 hectares of rice fields in Chong Kal district have withered and been damaged due to insufficient water resources for irrigation.​ ...

Tith Kongnov
https://www.khmertimeskh.com/501546129/oddar-meanchey-prey-veng-at-risk-of-losing-rice-to-drought/

Minister tells experts to verify national teacher data

Deputy Prime Minister and Minister of Education, Youth and Sport Hang Chuon Naron instructed a working group to verify the data of teachers in the capital and provinces to ensure accuracy and to improve the information system and quality of education in the Kingdom.​ ...

Hang Punreay
https://www.khmertimeskh.com/501546139/minister-tells-experts-to-verify-national-teacher-data/

Education Ministry lays out 2025 revenue and expenditure plans

Deputy Prime Minister and Minister of Education, Youth, and Sport (MoEYS) Hang Chuon Naron on Monday led a meeting to discuss the revenue-expenditure plan at the leadership level for the education sector next year. ...

Som Sotheary
https://www.khmertimeskh.com/501545531/education-ministry-lays-out-2025-revenue-and-expenditure-plans/

Takeo to establish SEZ in Bati district

Governor Vy Samnang of Takeo province on Tuesday endorsed a proposal to establish a special economic zone (SEZ) on a 32-hectare area in Bati district by the Chinese Chamber of Commerce of Chaoshan. ...

Manoj Mathew
https://www.khmertimeskh.com/501545510/takeo-to-establish-sez-in-bati-district/

Minister of Environment highlights key achievements

On the first anniversary of Prime Minister Hun Manet’s administration, Minister of Environment Eang Sophalleth reviewed the advancements in Cambodia’s environmental sector. He conveyed optimism for the future, underscoring the government’s dedication to sustainability and cleanliness. ...

Ben Sokhean
https://www.khmertimeskh.com/501545493/minister-of-environment-highlights-key-achievements/

Growing success: Govt’s efforts to improve farmers’ livelihoods yielding results

The government’s efforts to improve the livelihoods of farmers under the Pentagonal Strategy are proving successful, with 250 agricultural specialists having already assisted over 110,000 farmers in increasing their yield during the first stage of the programme. The second stage, which aims to recruit and ...

Ben Sokhean
https://www.khmertimeskh.com/501545565/growing-success-govts-efforts-to-improve-farmers-livelihoods-yielding-results/

Interior Minister says Cambodians lost $40m to online fraud in H1 2024

Deputy Prime Minister and Minister of Interior Sar Sokha, who also serves as chairman of the National Committee for Combatting Human Trafficking (NCCT), has directed all law enforcement and other authorities to intensify efforts to prevent human trafficking, noting that the perpetrators of those crimes ...

Sen David
https://www.khmertimeskh.com/501544975/interior-minister-says-cambodians-lost-40m-to-online-fraud-in-h1-2024/

PM says Cambodia needs more Chinese investments

Prime Minister Hun Manet said on Tuesday that the country needs more Chinese investments, highlighting potential areas for investment. ...

Khmer Times Staff
https://www.khmertimeskh.com/501545080/pm-says-cambodia-needs-more-chinese-investments/

Cambodia launches tourist app enabling payments with KHQR

The National Bank of Cambodia (NBC) on Monday launched the ‘Bakong Tourists App’ helping foreign tourists in Cambodia to make payments using the country’s universal KHQR code at over 3.3 million retail merchant outlets. ...

Manoj Mathew
https://www.khmertimeskh.com/501544895/cambodia-launches-tourist-app-enabling-payments-with-khqr/

Cambodia becomes world’s second largest producer of raw cashew nuts, CAC says

Cambodia has become the world’s second-largest producer of raw cashew nuts, with a total production of 830,000 tonnes in the last seven months of 2024, according to the report of the Cashew Nut Association of Cambodia (CAC). ...

Mom Kunthear
https://www.khmertimeskh.com/501543473/cambodia-becomes-worlds-second-largest-producer-of-raw-cashew-nuts-cac-says/

Cambodian Banking and Financial Associations implement new rules to strengthen operations and consumer protection

The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have introduced new regulations to enhance responsible business practices and bolster consumer protection in the country’s banking and financial sectors. Announced on Friday, the new rules are designed to promote a sustainable ...

Khmer Times Staff
https://www.khmertimeskh.com/501543235/cambodian-banking-and-financial-associations-implement-new-rules-to-strengthen-operations-and-consumer-protection/

Launch of digital platform for informal economy registration discussed

The Coordinating Committee for Developing the Informal Economy convened a meeting to assess progress and discuss plans to launch a digital platform for registering the informal economy. ...

Khmer Times Staff
https://www.khmertimeskh.com/501543304/launch-of-digital-platform-for-informal-economy-registration-discussed/

Cambodia launches payment app for int’l tourists

Cambodia launched a payment system on Monday to enable tourists to pay at 3.3 million retail shops across Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501544419/cambodia-launches-payment-app-for-intl-tourists/

PPAP revenue increases 11.7%, profit dips 7.18%

Public-listed Phnom Penh Autonomous Port (PPAP) netted a revenue of $18.32 million in the first half of 2024, a rise of 11.7 percent, compared to the same period last year, according to the latest report it filed with the Cambodia Securities Exchange (CSX). ...

Manoj Mathew
https://www.khmertimeskh.com/501544119/ppap-revenue-increases-11-7-profit-dips-7-18/

Insurance gross premium grows 8% to $88 million in Q2

Cambodia’s insurance sector continued to expand, but at a slower pace, with total premium reaching $87.6 million in the April-June period of this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501544106/insurance-gross-premium-grows-8-to-88-million-in-q2/

PM’s economic diplomacy brings dividends

In the one year of his rule, Prime Minister Hun Manet laid out policies for strengthening old friendships, launched new friendships and consolidated Cambodia’s position on the international stage, especially by streamlining its economic diplomacy. ...

Mom Kunthea
https://www.khmertimeskh.com/501544121/pms-economic-diplomacy-brings-dividends/

Cambodia-Vietnam trade reaches $4.6 billion in the first seven months of 2024

Cambodia’s trade relations with Vietnam have seen significant growth in the first seven months of this year, with the total trade volume between the two neighbouring countries reaching over $4.6 billion. ...

Khmer Times Staff
https://www.khmertimeskh.com/501542137/cambodia-vietnam-trade-reaches-4-6-billion-in-the-first-seven-months-of-2024/

Korean FDI ranks 2nd in Cambodia, Ambassador Park says

Foreign direct investment (FDI) from the Republic of Korea ranks second in the Kingdom, where over 40 percent of its total capital went into banking and financial sectors, said Park Jung-Wook, Korean Ambassador to Cambodia. ...

Nhean Chamrong
https://www.khmertimeskh.com/501542173/korean-fdi-ranks-2nd-in-cambodia-ambassador-park-says/

Cambodia, South Korea to boost bilateral cooperation on all fronts

Cambodia and South Korea are committed to expand bilateral cooperation on defence, tourism, people-to-people exchanges and education. ...

Hang Punreay
https://www.khmertimeskh.com/501540967/cambodia-south-korea-to-boost-bilateral-cooperation-on-all-fronts/

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