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Indonesia eyes Cambodian rice imports - Khmer Times In a bid to enhance bilateral trade, Indonesia will send a delegation to understand the possibility of importing rice from Cambodia.
United States scrambles to catch up as China rises in Asean trade - Khmer Times As the 56th Asean Day is celebrated across the region with the main event held in Jakarta on Tuesday, a new study on the region’s changing trade relations has emerged, indicating the rapid rise of China and the waning economic influence of the US in the region.
First-ever food safety certificates awarded to fishery processing enterprises in Cambodia - Khmer Times Cambodia's Fisheries Administration on Thursday awarded the first-ever Cambodia Quality Seal (CQS) certificates to fishery processing enterprises in the Southeast Asian country.
ACLEDA Securities Plc brokers 94 percent of CSX trade in Q2 - Khmer Times Leaving behind competitors by a huge margin, ACLEDA Securities Plc carried out a little over 94 percent of the trading brokerage at the Cambodian Securities Exchange (CSX) during the second quarter of 2023.
Nod for China Duty Free Group to use MoT logo - Khmer Times China Duty Free Group Cambodia Limited (CDF Cambodia) has been granted official recognition and the right to use the name and logo of the Cambodian Ministry of Tourism for its “Chinese Travellers’ Service Center” project, reported Chinese media on Tuesday.
HSR from Kunming travels across country and on to Laos, TAR network - Khmer Times The rail and urban rail industries in China have grown quickly within the last decade. Both the central and local governments have great expansion plans for the existing system. In 2021, the high-speed rail (HSR) in China transported over 1.9 billion passengers.
World Bank issues recommendations for Cambodia’s blue economy - Khmer Times The World Bank (WB) has released a set of recommendations for Cambodia’s sustainable blue economy development along with an analysis that focuses on three fundamental areas sectors related to marine policy, marine spatial planning and coastal livelihoods including blue growth sectors, said a repor...
Bakong likely to make forays into Rwanda - Khmer Times National Bank of Cambodia (NBC) and the National Bank of Rwanda recently held talks to explore ways to establish Bakong online payment system in that country, said an NBC statement.
South Korean QR code begins cross-border payment in Cambodia - Khmer Times National Bank of Cambodia (NBC) has granted permission to Acleda Bank Plc to cooperate with South Korea’s Global Loyalty Network or GLN International Inc to launch their joint cross-border payment via the local bank’s POS terminals available countrywide, said an NBC official.
Cambodia’s public debt stands at $10 billion - Khmer Times The Cambodian government had a total public debt stock of $10.23 billion as of March 2023, according to the Cambodia Public Debt Statistical Bulletin, published by the Ministry of Economy and Finance.
Tighter global financial conditions may impact Cambodia - Khmer Times Tighter-than-expected global financial conditions could have widespread adverse effects on the East Asia and Pacific (EAP) region, including Cambodia, according to the World Bank’s ‘Global Economic Prospects – June 2023’.
Bilateral trade between Cambodia and Japan worth $1.948 billion in 2022 - Khmer Times Bilateral trade between Cambodia and Japan was accounted for $1,948 million in 2022.
PM awards tax reliefs for all educational establishments - Khmer Times In a significant move to boost the education sector in the country, the Royal Government of Cambodia has decided to extend the tax reliefs enjoyed by higher educational institutions till now to all educational establishments from January 2024 for five years until the end of 2028.
Supporting Cambodia’s journey to national rice fortification by Virginia Tech - Khmer Times Students and faculty from Virginia Tech traveled to Cambodia to help with the adoption of fortified rice in the country.
To dollarise or de-dollarise: Consequences for Monetary Policy in Cambodia - Khmer Times A year after Cambodia’s Independence from the French protectorate, National Bank of Cambodia (NBC) was established on December 23, 1954, to gain autonomy in printing riel as the national currency and managing the banking system in the country.
Trade and tourism sector, important for economic growth - Khmer Times Cambodian Minister of Commerce has stressed the important role of trade and tourism in the country's socio-economic development toward inclusive, resilient, and sustainable recovery.
Cambodia’s Hun Sen outlines new strategies for agriculture development - Khmer Times Cambodia’s Prime Minister, Hun Sen, has outlined the government’s new strategies for the development of the agriculture sector to create the fifth economic pole in the northeast part of the country
‘Cambodia adopted win-win market competitive economic model’ - Khmer Times Prime Minister Hun Sen yesterday said that Cambodia has developed its own economic model by adhering to market competition based on a win-win principle as changes in other economies, including the US, European Union (EU) and other member states of the Association of Southeast Asian Nations (ASEAN) c...
$43 million GCF project for Tonle Sap Basin small farmers - Khmer Times To help support small landholding farmers, local communities and other value chain actors of the northern Tonle Sap Basin in Cambodia deal effectively with the growing challenges of climate change, the Green Climate Fund (GCF), the world’s largest climate fund, has approved a $43 million project.
Cambodia, Malaysia’s securities regulators ink MoU for regulation - Khmer Times The Securities and Exchange Regulator of Cambodia (SERC) and the Securities Commission Malaysia (SC) on Monday signed the Memorandum of Understanding (MoU) to facilitate greater regulatory, enforcement and supervisory cooperation between the two securities regulators, said a press release.
Cambodian rice on display at Gulfood expo - Khmer Times The Cambodia Rice Federation (CRF) participated in the Gulfood expo to promote the quality of Cambodian rice and rice products.
DCTS to govern Cambodia-United Kingdom trade from April - Khmer Times The Developing Countries Trading Scheme (DCTS) of the United Kingdom (UK) will come into effect in April and Cambodia is among the 65 beneficiaries of it. The scheme will replace the Generalised System of Preferences (GSP).
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