News

Surge in donations for border infrastructure development

As the closing deadline for contributions to the Foundation for Border Infrastructure Development approaches, there has been a surge of donation. ...

Torn Vibol
https://www.khmertimeskh.com/501577682/surge-in-donations-for-border-infrastructure-development/

Cambodia collects $26.3 mln for border infrastructure development

Cambodia has raised $26.3 million from charitable people for border infrastructure development, and the fundraising campaign will be concluded by the end of the month, according to an official announcement on Sunday.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501577308/cambodia-collects-26-3-mln-for-border-infrastructure-development/

MPTC gathers input for ASEAN secretariat on GenAI governance and ethics

A consultative workshop on generative artificial intelligence (GenAI) governance and ethics was held by the Ministry of Post and Telecommunications (MPTC) to gather input from relevant stakeholders and prepare a draft for the ASEAN Secretariat. “In governing GenAI, we must prioritise public interests,” said MPTC secretary ...

Kiripost staff writers
https://kiripost.com/stories/mptc-gathers-input-for-asean-secretariat-on-genai-governance-and-ethics

ASEAN nations collaborate on AI governance: Cambodia leads regional efforts

The ASEAN member states are taking steps toward regulating artificial intelligence (AI) across the region, as highlighted during a consultative workshop, held in Phnom Penh this evening, October 17. The workshop, themed “Expanded ASEAN Guide on AI Governance and Ethics – Generative AI,” gathered representatives from ...

Hong Raksmey
https://www.phnompenhpost.com/national/asean-nations-collaborate-on-ai-governance-cambodia-leads-regional-efforts

TVET key to Cambodia becoming upper middle-income country

Technical and Vocational Education and Training (TVET) has been championed by the highest levels of the Cambodian state as well as a myriad of international donors and development partners, who correctly understand it to be a cornerstone of Cambodia’s National Strategic Development Plan, Sustainable Development ...

Kevin Nauen
https://www.khmertimeskh.com/501575857/tvet-key-to-cambodia-becoming-upper-middle-income-country/

How Cambodia can achieve export diversification

Over the past decade, Cambodia has progressed in integrating into the global trade network and diversifying its exports beyond traditional products such as garments and textiles. Amid the changing global trade landscape, the country faces challenges such as trade disruptions and intensified competition. It is now ...

Khmer Times Staff
https://www.khmertimeskh.com/501575865/how-cambodia-can-achieve-export-diversification-2/

Cambodia doubles down on power infrastructure development

The government is actively working to expand its power generation and transmission capabilities to meet the country’s growing energy demands, said Keo Rottanak, Minister of Mines and Energy. ...

Chea Vanyuth
https://www.khmertimeskh.com/501575986/cambodia-doubles-down-on-power-infrastructure-development/

Green bonds, red flags: Cambodia’s microfinance crisis deepens amid sustainability push

When Davuth fell behind on his microfinance loan earlier this year, a credit officer visited his home in Ratanakiri province almost daily. The officer pressured him to borrow from neighbourhood lenders or sell his farmland – his main source of income and livelihood, he said. ...

Leila Goldstein and Eung Sea
https://dialogue.earth/en/climate/green-bonds-red-flags-cambodias-microfinance-crisis-deepens-amid-sustainability-push/

Private sector urged to boost food, agricultural exports

The Council for the Development of Cambodia and the Cambodian Oknha Association held discussions on the export of Cambodian food and agricultural products to France and the European Union. ...

Chea Vanyuth
https://www.khmertimeskh.com/501577093/private-sector-urged-to-boost-food-agricultural-exports/

Cambodia and China to continue strengthening iron-clad friendship and diamond cooperation

The Kingdom of Cambodia and the People’s Republic of China have vowed to strengthen their relationship, especially by further strengthening their iron-clad friendship, diamond cooperation, and comprehensive partnership. ...

Khmer Times Staff
https://www.khmertimeskh.com/501576145/cambodia-and-china-to-continue-strengthening-iron-clad-friendship-and-diamond-cooperation/

IFC and Association of Banks in Cambodia to boost green finance, support sustainable growth

To help address climate change impacts and foster a sustainable financial ecosystem in Cambodia, the International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space. ...

Khmer Times Staff
https://www.khmertimeskh.com/501576152/ifc-and-association-of-banks-in-cambodia-to-boost-green-finance-support-sustainable-growth/

Cambodia-Vietnam trade crosses $5.8B in 9 months

Cambodia-Vietnam trade volume reached $5.81 billion, up 21.9 percent from $4.77 billion in the same period in 2023, according to a report of the General Department of Customs and Excise of Cambodia (GDCE). ...

Chea Vanyuth
https://www.khmertimeskh.com/501575872/cambodia-vietnam-trade-crosses-5-8b-in-9-months/

Chinese-invested airport in Cambodia handles more than 14,000 flights in first year

The Chinese-invested Siem Reap Angkor International Airport (SAI) has handled more than 14,000 flights with 1.3 million passengers in the first year of its operation, the airport operator said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501575482/chinese-invested-airport-in-cambodia-handles-more-than-14000-flights-in-first-year/

SAI offers discounts and incentives to boost airline operations

Siem Reap Angkor International Airport Operators announced discounts on terminals and operational fees for new flights and airlines to encourage the establishment of new routes and expanding business operations at Siem Reap Angkor International Airport (SAI). ...

Khmer Times Staff
https://www.khmertimeskh.com/501575519/sai-offers-discounts-and-incentives-to-boost-airline-operations/

BarCamp Battambang empowers youth and entrepreneurs through digital innovation

BarCamp Battambang 2024’s ‘Digital Technology and New Business Conference’ will be held on October 25 to 26, 2024, aiming to understand the digital technology and content strategies that benefit young people and new business owners to study and implement digital technology. ...

Kuch Sikol
https://kiripost.com/stories/barcamp-battambang-empowers-youth-and-entrepreneurs-through-digital-innovation

Cambodia-Vietnam trade reaches nearly $6 billion

The exchange of goods between Cambodia and Vietnam in the first three quarters of 2024 reached over $5.8 billion, a 20% increase compared to the same period in 2023, with Cambodia’s trade deficit amounting to over $360 million. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vietnam-trade-reaches-nearly-6-billion

US election results likely to impact Cambodia’s economy

The US presidential election on November 5 is watched closely by policymakers, economic commentators and business people across the Southeast Asia region, including Cambodia given the potential impact of the poll results on the region’s trade and foreign direct investment (FDI) prospects, as well as ...

James Whitehead
https://www.khmertimeskh.com/501575225/us-election-results-likely-to-impact-cambodias-economy/

Cambodia-ASEAN mull revising tariff to monitor trade flow

Cambodia along with the Association of Southeast Asian Nations (ASEAN) are considering revising the customs tariff regulations aimed at updating the product code to strengthen the efficiency of monitoring trade activities globally. ...

Nhean Chamrong
https://www.khmertimeskh.com/501575234/cambodia-asean-mull-revising-tariff-to-monitor-trade-flow/

Govt offers financial support to 3,000 digital undergrads

The Royal Government of Cambodia (RGC) yesterday announced the establishment of the Digital Skill Development Program (DSDP), a non-scholarship project, to provide financial support to 3,000 undergraduates majoring in digital technology with zero interest rate in 2025.​ ...

Nhean Chamrong
https://www.khmertimeskh.com/501575236/govt-offers-financial-support-to-3000-digital-undergrads/

Ministry responds to concerns over freedom of expression at local level

A recent recommendation from the Ministry of Information urging provincial departments to monitor and control public sentiment, particularly on social media, has raised concerns about whether the primary intent is to maintain stability or stifle local opinions. ...

Hong Raksmey
https://www.phnompenhpost.com/national/ministry-responds-to-concerns-over-freedom-of-expression-at-local-level

AFD, EU back Cambodia’s water sector reformation

The Agence Française de Développement (AFD) and the European Union (EU) expressed their commitment to support the expansion of the Phnom Penh Water Supply Authority (PPWSA). ...

Nhean Chamrong
https://www.khmertimeskh.com/501574411/afd-eu-back-cambodias-water-sector-reformation/

PM spells out strategies to make Cambodia high-income by 2050

Prime Minister Hun Manet Monday pointed out five recommendations to promote economic and trade development to transform Cambodia into a middle-income country by 2030 and a high-income country by 2050. ...

Nhean Chamrong
https://www.khmertimeskh.com/501574413/pm-spells-out-strategies-to-make-cambodia-high-income-by-2050/

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