News

Migrant workers boost national economy

While improving their livelihood, Cambodian migrant workers, including those in the Republic of Korea (RoK), have significantly contributed to boosting the national economy. ...

Khmer Times Staff
https://www.khmertimeskh.com/501274997/migrant-workers-boost-national-economy/

Cambodia’s exports to India record Q1’s fastest growth of 67%

Cambodia’s exports to India went up by 67 percent during the first quarter (Q1) of the year, the fastest growth among the top 20 countries that export from the Kingdom. ...

Manoj Mathew
https://www.khmertimeskh.com/501275494/cambodias-exports-to-india-record-q1s-fastest-growth-of-67/

Bakong system lends a hand to promote riel usage

The Bakong system, the interbank transaction platform of the country launched by the National Bank of Cambodia (NBC), has helped with the de-dollarization efforts of the central bank through payments using KHQR and also by promoting cross-border payments.​​ ...

Manoj Mathew
https://www.khmertimeskh.com/501275493/bakong-system-lends-a-hand-to-promote-riel-usage-2/

Cambodia’s export to South Korea surges in Q1

Cambodia’s export to South Korea significantly increased in the first quarter of this year, thanks to the bilateral free trade agreement, which was put into force last December. ...

Chea Vanyuth
https://www.khmertimeskh.com/501275292/cambodias-export-to-south-korea-surges-in-q1/

Over 40,000 benefitted from free bus services during KNY

More than 40,000 people benefitted from free bus services provided by authorities during the three day-long Khmer New Year (KNY), said Phnom Penh department of public transport. ...

Son Minea
https://www.khmertimeskh.com/501275423/over-40000-benefitted-from-free-bus-services-during-kny/

Over 100 journalists, including foreigners, register to cover July 23 election

MORE than 100 journalists, including foreigners, have registered with the National Election Committee (NEC) to cover the upcoming national election. ...

Hang Punreay
https://www.khmertimeskh.com/501275435/over-100-journalists-including-foreigners-register-to-cover-july-23-election/

MoU signed for India-Cambodia cross-border payments

The National Bank of Cambodia (NBC) and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MOU) to promote cross-border payments and remittances between Cambodia and India. ...

Meas Molika
https://kiripost.com/stories/mou-signed-for-india-cambodia-cross-border-payments

Strategy aims to strengthen garment sector

The Cambodian government has adopted a new strategy for the garment, footwear and travel goods (GFT) sector that focuses on strengthening human resources, improving working conditions, promoting investment in high-value industries, and attracting investment in supportive industries. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-strategy-aims-to-strengthen-garment-sector

Ministry appeals for high vigilance of possible natural disasters

The Ministry of Water Resources and Meteorology (MOWRAM) warned the public of rainfall, along with thunder, lightning and gusts across the country from April 19 to 25. ...

Khmer Times Staff
https://www.khmertimeskh.com/501275692/ministry-appeals-for-high-vigilance-of-possible-natural-disasters/

CDC okays $103.3M in new projects

The Council for the Development of Cambodia (CDC) on April 17 announced that it approved five new investment projects with a cumulative capital commitment of $103.3 million, which are expected to generate a total of 1,168 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-1033m-new-projects

Cambodia welcomes 2 new-born Irrawaddy dolphins

Cambodia has welcomed two new-born Irrawaddy dolphins so far this year, the country’s Ministry of Agriculture, Forestry and Fisheries (MAFF) said in a news release on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501275652/cambodia-welcomes-2-new-born-irrawaddy-dolphins/

Cambodia’s financial sector still ‘strong’: Belgium’s Incofin

The Cambodian banking sector remains strong and not at significant risk of collapse, despite the occasional incidence of foreign investors pulling back after being spooked by “negative” news stories, according to Belgium-based global impact fund Incofin Investment Management Comm VA. ...

Rann Reuy
https://www.phnompenhpost.com/business/cambodias-financial-sector-still-strong-belgiums-incofin

B Meanchey officials told to ensure stability

Ke Kim Yan, chairman of the National Authority for Combating Drugs (NACD), instructed all forces in Banteay Meanchey province to maintain national defence, and ensure peace, political stability and a good relationship with neighbouring Thailand. ...

Chea Sokny
https://www.phnompenhpost.com/national/b-meanchey-officials-told-ensure-stability

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/

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