News

Ministry issues guidelines to avoid heat exhaustion

The Ministry of Health issued guidelines for the public to protect themselves from heat-related illnesses and heat exhaustion as extreme hot weather conditions are set to prevail. ...

Nang Veasna
https://www.khmertimeskh.com/501469699/ministry-issues-guidelines-to-avoid-heat-exhaustion/

Teachers urged to understand AI to boost education sector

The Ministry of Education, Youth and Sport encouraged teachers to learn more about artificial intelligence (AI) to help develop the education sector in Cambodia. ...

Hang Punreay
https://www.khmertimeskh.com/501469686/teachers-urged-to-understand-ai-to-boost-education-sector/

US offers 12 million more in aid for demining mission

The United States, as part of its ongoing commitment to help Cambodia achieve its objective of becoming a country free of landmines by 2025, has increased its financial assistance for the Kingdom’s mine clearance activities. ...

Som Sotheary
https://www.khmertimeskh.com/501469690/us-offers-12-million-more-in-aid-for-demining-mission/

QIPs, SEZs get lion’s share of tax relief in Cambodia

When it came to relief for special taxes (excise), value-added taxes and customs duties on imports – QIPs and SEZs received a disproportionate amount of customs tax relief, said a recent World Bank report. In 2020, QIPs took around 51 percent of total tax exemption, ...

Rachel David
https://www.khmertimeskh.com/501469664/qips-sezs-get-lions-share-of-tax-relief-in-cambodia/

Ministry takes measures to prevent railway accidents

Ministry of Public Works and Transport (MPWT) has launched emergency measures to prevent and curb railway accidents following the recurrence of frequent accidents on Cambodian railways. ...

Torn Vibol
https://www.khmertimeskh.com/501469155/ministry-takes-measures-to-prevent-railway-accidents/

Cambodia: Hundreds of Indians rescued from cyber-scam factories

The Indian government has so far rescued 250 citizens in Cambodia who were forced to run online scams. ...

Cherylann Mollan
https://www.bbc.com/news/world-asia-india-68705913

SCB EIC pegs 6 percent FDI growth for Cambodia

The latest SCB EIC report expects ASEAN CLMV nations, including Cambodia, to witness accelerated economic growth in 2024 due to increasing foreign direct investment compared to prior years. ...

James Whitehead
https://www.khmertimeskh.com/501469147/scb-eic-pegs-6-percent-fdi-growth-for-cambodia/

MoC setting priorities, tapping African market via Middle East

The Ministry of Commerce (MoC) is making earnest efforts to reach out to uncharted African markets via the Middle East, while strengthening the existing major markets such as the United States, Canada, the European Union, and countries within the regional comprehensive economic partnership (RCEP). ...

Nhean Chamrong
https://www.khmertimeskh.com/501469165/moc-setting-priorities-tapping-african-market-via-middle-east/

Cambodia, the fastest growing economies in Southeast Asia, and third in Asia in 2024

Cambodia leads the growth projection in Southeast Asia in 2024, according to Seasia Stats based on Southeast Asia’s 2024 GDP growth projection from the IMF’s October 2023 Outlook and January 2024 update. ...

Khmer Times Staff
https://www.khmertimeskh.com/501468871/cambodia-the-fastest-growing-economies-in-southeast-asia-and-third-in-asia-in-2024/

Cambodia needs 70% digital technology professionals annually

Digital technology professionals are in huge demand to meet the current and future job needs, as well as to contribute to economic growth and support the digital transformation process. ...

Hang Punreay
https://www.khmertimeskh.com/501469157/cambodia-needs-70-digital-technology-professionals-annually/

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/

Health equity fund rolled out to vulnerable citizens

The government is encouraging eligible residents to register for financing under the social protection programme, which offers Health Equity Fund cards to the elderly, people with disabilities, and vulnerable families from April 1 to 20, 2024. ...

Kuch Sikol
https://kiripost.com/stories/health-equity-fund-rolled-out-to-vulnerable-citizens

Agriculture sector jolted forwards with tax incentives

A recent announcement from the Ministry of Economy and Finance outlines a preferential tax that benefits businesses in the agriculture sector until 2025, including suspension of minimum tax payments, an exemption from income tax and the obligation to deduct tax on payments for the provision ...

Thang Sinorn
https://kiripost.com/stories/agriculture-sector-jolted-forwards-with-tax-incentives

SME bank's $50M loan scheme raises concerns for tourism businesses

Tourism players and economic experts have welcomed SME Banks’ loan scheme of more than $50 million to help Siem Reap business owners. However, while potentially improving tourism performance, concerns have been raised about mounting debt. ...

Yatt Malai
https://kiripost.com/stories/sme-banks-500m-loan-scheme-raises-concerns-for-tourism-businesses

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/

PM outlines plans to increase education to a full day in 50 primary schools

Authorities have revealed plans to increase primary education from half a day to a full day in 50 schools to increase the level of learning, with calls being made for teachers’ pay to be increased in accordance with the additional time spent teaching. ...

Meas Molika
https://kiripost.com/stories/pm-outlines-plans-to-increase-education-to-a-full-day-in-50-primary-schools

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