Phnom Penh, April 11, 2024 --Cambodia’s economy is forecast to grow at 5.8 percent in 2024 and 6.0 percent in 2025, fueled by a further rebound in tourism and strong manufacturing prospects, according to the latest edition of the Asian Development Bank’s (ADB) flagship economic report released on April 11."Despite global economic challenges, Cambodia’s economy performed well in 2023,” said ADB Country Director for Cambodia Ms. Jyotsana Varma. “We expect growth to be robust in 2024-2025, with the garments, footwear, and travel goods (GFT) sector poised for a significant upturn building on the positive momentum during the last quarter of 2023.”The Asian Development Outlook (ADO) April 2024 estimated growth of 5.0 percent in 2023, driven by a robust recovery in tourism and solid activity in manufacturing outside the GFT sector. The report forecasts continuing economic expansion in 2024–2025, supported by stronger export-oriented manufacturing. It also expects inflation, which averaged 2.1 percent in 2023 mainly on falling global energy prices, to remain low at around 2.0 percent over the next two years.The government aims for gradual fiscal consolidation from 2024 to rebuild pandemic-diminished reserves. Yet, challenges such as potential global economic slowdowns, rising private debt, fluctuating energy prices, and climate vulnerabilities could impact the outlook longer-term.“These challenges add layers of complexity to Cambodia’s economic narrative,” said Ms. Varma. “But, the country is moving ahead with cautious optimism.”The report also discusses Cambodia’s strategic preparations to graduate from the least-developed country (LDC) category, as designated by the United Nations, in 2027. It notes that graduation will improve the country’s international standing and investment attractiveness, but simultaneously pose challenges from reduced access to concessional financing and preferential trade treatments that propel sectors contributing to high growth and employment.To effectively navigate this transition, the report stresses the importance of Cambodia enhancing its global economic integration, diversifying markets, focusing on higher value-added products, investing in sustainable infrastructure and human capital, and strengthening domestic resource mobilisation.Recently, Cambodia was ranked by Seasia Stats as the fastest growing economy in Southeast Asia, and third in Asia in 2024 by basing on the International Monetary Fund (IMF)’s October 2023 Outlook and January 2024 update, which forecasted Cambodia’s economic growth at 6.1 percent this year.For the government side, Cambodian economy remains robust with a projected growth rate of 6.6 percent in 2024, up from 5.6 percent last year, while the World Bank has forecasted that the Kingdom’s economy would grow at 5.8 percent this year.
Studying is very important for each and every person and the study method is also applied differently. Nowadays, the internet is booming and many people are turning to it in almost every aspect of life, even education. There are many people who always want to expand their knowledge but do not have time to go to school or training center directly. Others want to start learning online but do not know which website has the best lessons for them. Here are some websites that everyone can choose for personal study:1. www.coursera.orgCoursera has collaborated with several major universities in the United States and some universities around the world in order to create video lessons for dozens of subjects.2. www.lynda.comLynda is a website that recruits highly experienced people to create a more effective tutorial.3. www.udemy.comUdemy is a website that regularly posts new tutorial videos, an average of 800 lessons every month. On the other hand, this website has posted short videos for each lesson to make it easier to choose.4. www.udacity.comUdacity is a website for those who focus on new technologies. If you are looking for science related lessons, this website is the best choice.5. www.khanacademy.orgKhanacademy is a website that offers free education. It is a place where video lessons are mixed with text lessons for students to learn and practice.
Phnom Penh, April 11, 2024 --Senior officials of the Cambodian Ministry of Education, Youth, and Sports (MoEYS) and the Ministry of Higher Education, Science, and Culture (MoHESC) of Timor-Leste have vowed deeper education cooperation.The commitment was highlighted at the signing ceremony of a memorandum of understanding (MoU) on Higher Education and Science Cooperation between H.E. Hang Chuon Naron, Deputy Prime Minister and Minister of MoEYS, and H.E. José Honório da Costa Pereira Jerónimo, Minister of MoHESC in Phnom Penh on April 9.According to H.E. Hang Chuon Naron, the deal will allow the exchange of experiences and mobility of students, teachers, researchers, scholars, and publishers between the two countries.It will also encourage joint research in higher education to build capacity and human resource development.H.E. José Honório da Costa Pereira Jerónimo said that the MoU is a new step in the education partnership between the two countries.He thanked the Cambodian government for the cooperation and looked forward to its results.
Are you having a hard time falling asleep? We will introduce you to 5 effective sleep management methods to help you get a good night's sleep.1. Go to bed regularly: Sleeping on time is a good habit for sleeping. Most people gather late at night on the weekends. However, it would be best if you tried to get extra sleep for one or two hours to keep your immune system healthy. Adhering to this habit regularly can help you maintain good sleep habits.2. Do not use phones or electronic devices while sleeping: Recent studies have shown that using electronic devices before going to bed is stealing our sleep and reducing the quality of our sleep. But a survey by the Sleep Foundation found that about 89% of adults and 75% of children have at least one electronic device in their bedroom.3. Turn off the lights: The first requirement for a good night's sleep is the perfect atmosphere in the bedroom. Darkness makes it easy for you to fall asleep, therefore you should turn off the lights in the room.4. Meditation: meditation is an anti-stress technique for many years. Lately, meditation is no longer a religious image! Meditation is considered to be a popular anti-stress and anti-insomnia method.5. Listen to music: Listening to music at a slow rate of 60 to 80 beats per minute will effectively get you to sleep quickly and satisfactorily. Not only that, but it can also help reduce stress levels as well.
Onion is a natural vegetable that people eat every day. Not only is it a natural vegetable to eat, but it is also traditional medicine that has been found and recognized as effective in the Treatment of various diseases.Remedies like this have been around for a long time, dating back to the 6th century.The first stepSlice the onion thinly, and then put it on the soles of your feet. Wear socks when you sleep at night and take them off in the morning.Eating onions not only gives you health benefits. If you often have a fever, put a slice of onion in your sock and wear it at night. This is an effective way to lower your body temperature very quickly without medication.The above methods are effective in:Reduce body heat Detoxify the bodyAgainst coldsAt the end of the human foot, there are more than 7,000 nerve endings directly connected to the organs and other parts of the body, such as the brain, liver, heart, etc. Yes, it will stimulate and send all the nutrients into the body at once, and it also has the role of killing harmful bacteria, including agents in the body. According to doctors, onions also help relieve pain or swelling of the body or the lymph nodes.
Tennis is a prevalent sport for everyone despite their age. Particularly, in Cambodia, it is not as popular as football because there are not as many tennis courts. But this type of sport is very advantageous for the health of the body and the immune system. In this article,GoReadMe will show you the benefits demonstrated by scientists.1. Increase brain power: Tennis helps strengthen the stimulation from the brain to the cells quickly. It also helps train the motor neurons and nerve neurons, leading to good reflexes. Most kids who play tennis are always more agile.2. Reduce stress: Tennis is a sport that combines the body, mind, and emotions that help boost your ability to reduce stress.3. Strengthen the leg muscles: Playing tennis can help strengthen your leg muscles well and can also help strengthen your legs as you grow older.4. Keep in shape: This sport requires runners to jump to get the ball. You can burn 580 to 870 calories per hour when you play this sport.5. Strengthen bones: Playing tennis properly can help keep bones strong and healthy, even if you start playing late.
Phnom Penh, March 25, 2024 --A high-level Cambodian delegation led by Prime Minister Samdech Moha Borvor Thipadei HUN Manet is on the way to the Lao PDR for a two-day official visit, at the invitation of H.E. Dr. Sonexay SIPHANDONE, Prime Minister of the Lao PDR.The delegation was seen off at Phnom Penh International Airport by deputy prime ministers, senior ministers and many other senior government officials as well as H.E. Buakeo Phumvongsay, Lao Ambassador to Cambodia.According to a press release of the Ministry of Foreign Affairs and International Cooperation, during the visit on Mar. 25-26, Samdech Thipadei will pay a courtesy call on H.E. Thongloun SISOULITH, President of the Lao PDR, and hold bilateral talks with his counterpart, Prime Minister Sonexay SIPHANDONE to discuss elevating bilateral cooperation across a wide range of fields. They will also exchange views on sub-regional, regional and international issues of common interest and concern. The meeting will be followed by the signing of several documents.Samdech Thipadei is scheduled to receive a courtesy call by H.E. Khambai DAMLAT, President of the Lao-Cambodian Friendship Association. He will also meet Cambodian Business Club members and Cambodian students.“The visit will further deepen bilateral cooperation under the spirit of good neighbourliness, traditional friendship, and the comprehensive and long-lasting strategic partnership between the two countries. At the same time, it will strengthen foundations for growth and prosperity for the benefit of the two peoples,” stressed the press release.
PPhnom Penh, March 22, 2024 --Ministry of Information (MoINFO) and Ministry of Inspection have entered into a Memorandum of Understanding (MoU) on News and Events Broadcasting Cooperation to allow the latter to collaborate and broadcast her contents of information via all kinds of media outlets of the former such as the Agence Kampuchea Presse (AKP), National Radio of Cambodia (NRK), National Television of Cambodia (TVK), App MoINFO, and so on.The signing ceremony of the MoU was held between H.E. NETH Pheaktra, Minister of Information, and H.E. HUOT Hak, Minister of Inspection, at the MoINFO office on Mar. 22.On the occasion, H.E. NETH Pheaktra mentioned that, through the above-mentioned MoU, the MoINFO would help the Ministry of Inspection to broadcast information and participate in supporting contents, so that the latter could send messages such as her activities and affairs, law explanation and keys to law-related implementation to the public, as well as receive information and feedback from fellow citizens to strengthen the rule of law in Cambodia.Law enforcement can be done unless people understand about the law, H.E. Minister underlined.H.E. NETH Pheaktra added that the MoU would lay a foundation to strengthen inspection affairs and participate in fulfilling duty as the public media outlets of the MoINFO, as well as be a framework to strengthen affairs among ministries to achieve the common goal to serve the public with responsibility, a testimony that both ministries have implemented the policy and guidance of the 7th-mandate Royal Government of Cambodia (RGC), and was also a model to other institutions to show the public about real servants of the citizens through cooperation and solidarity, by reaffirming that the MoINFO would try her best to further collaborate with existing and other ministries/institutions.‘‘The MoU shows how to work, and maturity of how to work of ministries, and carry out the recommendations of Prime Minister of Cambodia, further strengthens the Ministry of Inspection’s work in order to both promote herself and receive information from the public which was a foundation to effectively fulfill tasks from the RGC, so that our society has transparency, accountability, justice, and make the Ministry of Inspection play stronger roles in an orientation of all ministries and the whole society to walk in the right way to become an upper middle-income country by 2030, and a high-income country by 2050, so both media and inspection sector and other sectors would upgrade their qualities and effectiveness of Cambodia as a developed country,” said the information minister.H.E. NETH Pheaktra further mentioned about the important roles of open information sources (general broadcasting) to provide inputs to ministries/institutions for information management and investigation in the framework of transparency and accountability, in addition to social media network and secret information source.For his part, H.E. HUOT Hak briefed the event about the background of the Ministry of Inspection, and shared his insights about the significance roles of information in general and the MoU in specific.
Phnom Penh, March 29, 2024 --Australia is determined to further strengthen relations and cooperation with Cambodia, especially on security along the border.The determination was underscored by H.E. Justin Whyatt, Ambassador of Australia to Cambodia, while paying a courtesy call on Cambodian Deputy Prime Minister and Minister of Interior H.E. Aphi Santepundit Sar Sokha at the ministry on Mar. 27.The cooperation will focus on countering online scams and drug trafficking, as well as technology, economic, and transnational crimes.H.E. Justin Whyatt also highly commented on the Ministry of Interior for its security measures and support for the cooperation with Australia.H.E. Aphi Santepundit Sar Sokha welcomed the cooperation and thanked the Ambassador, the Embassy of Australia to Cambodia, and the Government of Australia for their continuous contribution to Cambodia's security and development.
Phnom Penh, April 11, 2024 --Senior officials of the Cambodian Ministry of Education, Youth, and Sports (MoEYS) and the Ministry of Higher Education, Science, and Culture (MoHESC) of Timor-Leste have vowed deeper education cooperation.The commitment was highlighted at the signing ceremony of a memorandum of understanding (MoU) on Higher Education and Science Cooperation between H.E. Hang Chuon Naron, Deputy Prime Minister and Minister of MoEYS, and H.E. José Honório da Costa Pereira Jerónimo, Minister of MoHESC in Phnom Penh on April 9.According to H.E. Hang Chuon Naron, the deal will allow the exchange of experiences and mobility of students, teachers, researchers, scholars, and publishers between the two countries.It will also encourage joint research in higher education to build capacity and human resource development.H.E. José Honório da Costa Pereira Jerónimo said that the MoU is a new step in the education partnership between the two countries.He thanked the Cambodian government for the cooperation and looked forward to its results.