News

Hun Many lauds contributions to ‘successful’ Angkor Sangkran

Hun Many, president of the Union of Youth Federations of Cambodia (UYFC), said the three-day Angkor Sangkran event ended successfully, and left smiles on the faces of Cambodians everywhere. ...

Samban Chandara
https://www.phnompenhpost.com/national/hun-many-lauds-contributions-successful-angkor-sangkran

Green pagoda grows organic

The chief monk of Sirisakor Daun Sdeurng Pagoda in Senareach Udom commune of Preah Sdech district in Prey Veng province is now distributing organic vegetables at the site, which was recently ranked as the number one pagoda for environmental friendliness out of the 551 active ...

Kim Sarom
https://www.phnompenhpost.com/national/green-pagoda-grows-organic

PM: Cambodia thankful for return of antiquities

Prime Minister Hun Sen commended Cambodia’s foreign partners for their cooperation in returning precious antiquities that were looted by unscrupulous dealers during the country’s darkest hours. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/pm-cambodia-thankful-return-antiquities

IMF cuts world growth outlook as ‘debt stress’ rises: researcher

Low-income countries and emerging economies – including Cambodia – are facing heightened sovereign debt distress amid a rise in interest rates in advanced economies, according to International Monetary Fund (IMF) economic counsellor and director of research Pierre-Olivier Gourinchas. ...

May Kunmakara
https://www.phnompenhpost.com/business/imf-cuts-world-growth-outlook-debt-stress-rises-researcher

Losing 104 rural credit agencies ‘may allow growth’ in finance sector

The central bank’s recent revocation of the operating licences of 104 rural credit institutions (RCI) – nearly half – should not have significant ramifications on the Kingdom’s wider financial system, industry insiders and observers have assured. ...

Rann Reuy
https://www.phnompenhpost.com/national/losing-104-rural-credit-agencies-may-allow-growth-finance-sector

Over 13M domestic trips during Khmer New Year

Cambodia received over 13 million domestic and international visitors to its resorts and tourist destinations in the three days of the official April 14-16 Khmer New Year holiday, according to an April 17 report from the Ministry of Tourism. ...

Van Socheata
https://www.phnompenhpost.com/national/over-13m-domestic-trips-during-khmer-new-year

Japan’s JMSDF force schedules naval visit

Japan Maritime Self-Defense Force (JMSDF) ships, the mine sweeper tender JS URAGA and the mine sweeper tender JS AWAJI, will visit the Sihanoukville Autonomous Port from April 24-26, according to an April 17 press release from the Japanese embassy. ...

Ry Sochan
https://www.phnompenhpost.com/national/japans-jmsdf-force-schedules-naval-visit

Cambodia’s quest for tourism transformation

For the last several years Cambodia’s has been fast-tracking development with once-sleepy beach towns like Sihanoukville turned into bustling cities with more than 70 skyscrapers most built since 2016 with Chinese investment. ...

Khmer Times Staff
https://www.khmertimeskh.com/501274337/cambodias-quest-for-tourism-transformation/

ASEAN, China start negotiations on upgrading Bilateral FTA

The Association of South East Asian Nations (ASEAN) and China started the first round of negotiations on the upgrade of the ASEAN-China Free Trade Area (ACFTA). ...

Khmer Times Staff
https://www.khmertimeskh.com/501274377/asean-china-start-negotiations-on-upgrading-bilateral-fta/

Over 650,000 tourists visited Siem Reap province on 2nd day of Khmer New Year

Siem Reap province received a total of 653,670 tourists on the second day of Khmer New Year holiday, according to the Provincial Tourism Department’s report. ...

Khmer Times Staff
https://www.khmertimeskh.com/501274369/over-650000-tourists-visited-siem-reap-province-on-2nd-day-of-khmer-new-year/

Türkiye wants to strengthen ties with Cambodia: Turkish ambassador

Türkiye wants to boost ties with Cambodia, which is becoming an attractive destination for trade and investment, the Turkish ambassador to Cambodia said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501274835/turkiye-wants-to-strengthen-ties-with-cambodia-turkish-ambassador/

Combatting plastic pollution in Cambodia

The Ministry of Environment (MoE), the Embassy of Japan, GIZ implemented 3RproMar Project and the United Nations Development Programme (UNDP) organised the 3rd National Forum on “Combatting Plastic Pollution in Cambodia” earlier this month. ...

Khmer Times Staff
https://www.khmertimeskh.com/501274385/combatting-plastic-pollution-in-cambodia/

Cambodia, Japan boost bilateral tourism cooperation

Cambodia and Japan have boosted their bilateral tourism cooperation, urging for the resumption of Japanese airline company All Nippon Airways’ (ANA) flights to Cambodia to facilitate the travel of tourists, businessmen and investors. ...

Chea Vanyuth
https://www.khmertimeskh.com/501272600/cambodia-japan-boost-bilateral-tourism-cooperation/

Cambodia’s garment exports to Turkiye jump 110% to $84 million in 2022

Cambodia’s exports of garments, footwear and travel (GFT) goods declined by 22.62 percent in the first three months of the year (Q1) compared to the same period in 2022 as the slide that started in the latter half of the last year continued, raising the ...

Khmer Times Staff
https://www.khmertimeskh.com/501272800/cambodias-garment-exports-to-turkiye-jump-110-to-84-million-in-2022/

Cambodia collects $1.9 billion taxes in Q1

Cambodia collected $1.9 billion from all sources of taxes in the first quarter (Q1) of 2023, up 2 percent from nearly $1.86 billion in the same period last year, according to press statements released on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501273079/cambodia-collects-1-9-billion-taxes-in-q1/

General Department of Customs and Excise earns more than $564 million in Q1

The General Department of Customs and Excise (GDCE) has collected $564.1 million as custom income in the first three months of this year, a decline of 5.2 percent compared to the same period of 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/501273118/general-department-of-customs-and-excise-earns-more-than-564-million-in-q1/

Border trade agreement with Vietnam presents huge benefits

Commerce Minister, Pan Sorasak, said on Tuesday that a border trade agreement with neighbouring Vietnam will bring mutual benefits, improving people’s living conditions along the border and creating favourable trade conditions. ...

Yatt Malai
https://kiripost.com/stories/cambodia-border-trade-agreement-with-vietnam-presents-huge-benefits

Exports fall 5.7% to $5.4 billion

Cambodia’s exports declined by 5.7 percent in the first quarter of 2023, with the value of goods exported standing at $5.4 billion compared with $5.8 billion in 2022, according to data released by the General Department of Customs and Excise. . ...

Seng Mengheng
https://kiripost.com/stories/cambodia-exports-fall-57-to-54-billion

Chamber of commerce calls for additional SEZ incentives

Representatives of the private sector and economists have encouraged regional developers to establish a private sector development council to invest in regional special economic zones (SEZs), as they called for renewed focus on the development of exiting SEZs. ...

Van Socheata
https://www.phnompenhpost.com/business/chamber-commerce-calls-additional-sez-incentives

New loan agreement standard for financial industry breeds debate

A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June. But insiders and observers have expressed differing views on the precise provisions of the instrument, its potential effects on market competition, and ...

Rann Reuy
https://www.phnompenhpost.com/business/new-loan-agreement-standard-financial-industry-breeds-debate

Senate approves draft law on Laos border treaty ratification

The Senate unanimously approved a draft law on the ratification of the State-Boundary Treaty between Cambodia and Laos, signalling acceptance of the results of a joint inspection of 86 per cent of the border. Negotiations around the demarcations have been ongoing for more than 28 ...

Samban Chandara
https://www.phnompenhpost.com/national/senate-approves-draft-law-laos-border-treaty-ratification

NEC trains staff as election nears

The National Election Committee (NEC) held an April 10 training session on the registration of political parties and candidates for the 7th parliamentary election, with 129 representatives of state institutions, political parties and NGOs in attendance. ...

Kim Yutharo
https://www.phnompenhpost.com/national/nec-trains-staff-election-nears

Unions plan Workers’ Day march for May 1

Representatives from the Cambodian Confederation of Unions (CCU) and the Cambodian Alliance of Trade Unions (CATU) – along with trade unions and associations working in the labour sector – announced their intention to celebrate the 137th anniversary of International Workers’ Day on May 1, with ...

Chea Sokny
https://www.phnompenhpost.com/national/unions-plan-workers-day-march-may-1

Factory workers end protest after owner agrees to pay wages

Authorities in Phnom Penh’s Por Senchey district on April 11 facilitated the negotiation of a settlement between a factory owner and its workers that ended their public protests in Choam Chao II commune. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/factory-workers-end-protest-after-owner-agrees-pay-wages

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