National

Phnom Penh, October 2, 2023 --The World Bank on Monday projected its growth forecast for Cambodia to 5.5 percent in 2023, thanks mainly to the revival of the services sector and improvements in agricultural production.According to the World Bank’s East Asia and Pacific Economic Update, given the relatively fast pace of growth, the pace of poverty reduction is expected to accelerate. Downside risks include weaker-than-expected global demand, a protracted period of tighter global financial conditions, and/or a renewed oil and food price shock.The tourism and hospitality industries are likely to accelerate further, with a projected increase in international arrivals, while exports and foreign direct investment inflows are expected to be strengthened by the newly ratified free trade agreements, a substantial increase in private and public investment in key physical infrastructure, and structural and sectoral reforms.The Regional Comprehensive Economic Partnership agreement and other free trade have given a boost to the Kingdom's economic growth, said Aaditya Mattoo, chief economist of the World Bank’s East Asia Pacific Region.“Certainly the RCEP agreement by creating greater predictability of market access and by inducing some reforms in Cambodia's own policies can be expected to help both to generate new trade and new investment flows and hopefully to help Cambodia in its goal of diversifying its economy and its exports which have been heavily reliant on garment so far,” he said during a video press conference on the launch of the World Bank’s East Asia and Pacific Economic Update, on Monday.In 2024, the economy is expected to improve further, growing at 6.1 percent as goods exports are projected to also improve and gradually diversify, while FDI inflows will likely be boosted by the new Law on Investment, said the report.Over the medium term, the economy is expected to trend back to potential, growing at 7 percent, read the report.

date_range 03-Oct-2023
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National

Phnom Penh, October 03, 2023 --Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of Cambodia, this morning defended the decision on the monthly minimum wage for the garment workers of US$204.Addressing to a get-together with some 18,000 workers from Khan Meanchey and Khan Dangkor in Phnom Penh, Samdech Thipadei Hun Manet said this is not enough for the workers, but this is the commitment of the Royal Government in order to mitigate the negative impact on this sector.“A US$4 increase is very little for our workers, but it is hard for the employers, therefore we should share to live and help to live together during this economic downturn,” he added.Samdech Thipadei Hun Manet said our workers’ minimum wage is already higher than that in some nations, including Laos, Myanmar, Bangladesh, Sri Lanka, India, Vietnam and some parts in Indonesia and Malaysia.Regarding the issue, Samdech Akka Moha Sena Padei Techo Hun Sen, Chairman of the Supreme Privy Council of His Majesty the King last night shared that this is a slight increase on salary but it is better than losing a job and losing the whole income.In a situation where the world’s economy is in downturn, increasing the wages for workers is a good thing, yet what’s more important in the difficult time is to maintain jobs and to create new jobs, he stressed.Cambodia last week set a new monthly minimum wage for workers in the garment, footwear and travel goods sector at US$204 for next year, up from US$200 in 2023, and US$194 in 2022.

date_range 03-Oct-2023
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National

Phnom Penh, October 02, 2023 --Armenia will foster its relations with Cambodia based on mutual trust and for mutual interest, H.E. Nikol Pashinyan, Prime Minister of the Republic of Armenia underlined in a recent congratulatory message to Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia.“Armenia highlights the development and deepening of partnership relations with Cambodia on both bilateral and multilateral platforms, based on mutual trust, friendship and respect,” he wrote.“I am confident that during your tenure, through our joint efforts, we shall contribute to the further development and deepening of relations in the spheres representing mutual interest, to the benefit of our two countries,” H.E. Nikol Pashinyan added.At the same time, President of the Swiss Confederation H.E. Alain Berset also extended his sincere congratulations to Samdech Thipadei Hun Manet.“On behalf of the Swiss Federal Council, I have the pleasure to congratulate you for your nomination as Prime Minister of the Kingdom of Cambodia and wish you success in the fulfilment of your important mandate. I would also like to extend my best wishes for the well-being and the prosperity of your country and people,” he said.H.E. Alain Berset expressed his confidence that the excellent relations between the two countries and the bonds of friendship that tie Switzerland and Cambodia will continue to intensify in the future.Other world leaders, including those of Algeria, Australia, Bangladesh, Belarus, Brunei Darussalam, China, Cuba, Cyprus, Ghana, the Czech Republic, France, Georgia, Hungary, India, Indonesia, Iran, Japan, the Democratic People’s Republic of Korea, the Republic of Korea, Kuwait, Luxembourg, Malaysia, Maldives, Myanmar, the Netherlands, New Zealand, Pakistan, Palestine, Peru, Russia, Saudi Arabia, Serbia, Singapore, Slovak Republic, Slovenia, Sri Lanka, Thailand, Timor-Leste, Tunisia, Türkiye, Ukraine, Vietnam and so on, as well as presidents of the Asian Development Bank (ADB) and the European Commission and secretaries general of the United Nations and the Shanghai Cooperation Organisation (SCO) have also sent their respective congratulatory messages to Samdech Thipadei Hun Manet.

date_range 02-Oct-2023
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National

Phnom Penh, October 2, 2023 --The World Bank on Monday projected its growth forecast for Cambodia to 5.5 percent in 2023, thanks mainly to the revival of the services sector and improvements in agricultural production.According to the World Bank’s East Asia and Pacific Economic Update, given the relatively fast pace of growth, the pace of poverty reduction is expected to accelerate. Downside risks include weaker-than-expected global demand, a protracted period of tighter global financial conditions, and/or a renewed oil and food price shock.The tourism and hospitality industries are likely to accelerate further, with a projected increase in international arrivals, while exports and foreign direct investment inflows are expected to be strengthened by the newly ratified free trade agreements, a substantial increase in private and public investment in key physical infrastructure, and structural and sectoral reforms.The Regional Comprehensive Economic Partnership agreement and other free trade have given a boost to the Kingdom's economic growth, said Aaditya Mattoo, chief economist of the World Bank’s East Asia Pacific Region.“Certainly the RCEP agreement by creating greater predictability of market access and by inducing some reforms in Cambodia's own policies can be expected to help both to generate new trade and new investment flows and hopefully to help Cambodia in its goal of diversifying its economy and its exports which have been heavily reliant on garment so far,” he said during a video press conference on the launch of the World Bank’s East Asia and Pacific Economic Update, on Monday.In 2024, the economy is expected to improve further, growing at 6.1 percent as goods exports are projected to also improve and gradually diversify, while FDI inflows will likely be boosted by the new Law on Investment, said the report.Over the medium term, the economy is expected to trend back to potential, growing at 7 percent, read the report.

date_range 02-Oct-2023
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Director General of Customs introduced 4 points on Strengthening the Effective Management of Natural Stone Exports

date_range 03-Oct-2023
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Phnom Penh: Dr. Kun Nhim, Minister Delegate to the Prime Minister and Director General of Customs and Excise of Cambodia, on October 2, 2023, issued a letter to the Director of the Branch Department and the Office of Customs and Excise on strengthening the efficiency of natural stone export management.In the letter, Dr. Kun Nhem stated that in order to ensure the effectiveness of management as well as to facilitate the export of natural stone products, the General Department of Customs and Excise would like to introduce four major points: First, the classification of natural stone. Export, 2. Issuance of permit, 3. Verification of customs duties and 4. Inspection at the border.

EIU Sees Cambodia As One Of World's Fastest Growing Economies In 2024

date_range 02-Oct-2023
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Government Spends Over US$1.2 Billion On Cash Transfer Programmes

date_range 02-Oct-2023
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EIU Sees Cambodia as One of World's Fastest Growing Economies in 2024

date_range 29-Sep-2023
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Cambodia-Thailand Bilateral Trade Tops US$2.58 Billion in First Eight Months

date_range 28-Sep-2023
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Thai cabinet orders Thai farmers to suspend bank debt for three years

date_range 27-Sep-2023
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More Exports of Cambodian Agricultural Products to Japan Encouraged

date_range 27-Sep-2023
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EUROCHAM and AHK Vietnam join hands to increase German investment in Cambodia

date_range 26-Sep-2023
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UK Prime Minister’s Trade Envoy Visits Cambodia to Boost Trade Opportunities

date_range 25-Sep-2023
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Cambodia Kick-Started Digital Community, Try It

date_range 28-Sep-2023
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Phnom Penh, September 28, 2023 --The Ministry of Posts and Telecommunications has officially launched the Digital Community of Cambodia to promote a pool of digital experts, networking, and knowledge sharing and expansion in the area.H.E. Chea Vandeth, Minister of Posts and Telecommunications, presided over the launch of the digital community on Sept. 27 at the Cambodia Academy of Digital Technology.The minister noted that the community will play a crucial role in Cambodia's digital technology human resource development, both within and outside the country.The initiative will ensure the success of the Cambodian Digital Government Policy 2022–2035 rollout and contribute significantly to the realisation of the overarching Pentagonal Strategy Phase I of the Royal Government, he added.It will support the government in identifying, supplying, and engaging digital professionals and workforce for sectors across the country, as well as promoting the digital government.While assisting educational institutions to develop students' digital knowledge, experience, and skills, the community will serve as a connection between qualified candidates for jobs, especially in the private sector.For digital talents and experts, the community will provide them with networking opportunities both to obtain new knowledge and skills and to further advance them.H.E. Chea Vandeth called on all the players and the public to take advantage of the initiative by exploring the digital community's website (https://dcc.gov.kh) and reaching out to the team in charge for detailed information.

S. Korea Assists in Digital Education Training for Cambodian Teachers

date_range 26-Sep-2023
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Cambodia, Vietnam Vow to Foster Information Collaboration

date_range 22-Sep-2023
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ABU Asia-Pacific Robot Contest 2023 Kicks Off In Phnom Penh

date_range 28-Aug-2023
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Australia to target Google and Yahoo under internet piracy crackdown

date_range 06-Feb-2022
visibility 30

Tech bosses could face criminal cases over online harm, warns UK minister

date_range 06-Feb-2022
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Sending threatening posts among offences in revised online safety bill

date_range 06-Feb-2022
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Beats Fit Pro review: Apple’s workout-ready AirPods Pro rivals

date_range 06-Feb-2022
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Meta rivalry with Apple inflamed as Facebook parent company share price plummets

date_range 06-Feb-2022
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Two young Cambodians graduate from the YSEALI program in the United States and are committed to social development

date_range 27-Sep-2023
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According to the US Embassy in Phnom Penh, Lian Sokleap and Bonnat Zo Isidana have successfully completed five weeks of study at the University of Montana and the East-West Center of Hawaii through the YSEALI Academic Fellowship in the fall of 2023.Lean Sokleap, a short-term YSEALI candidate, said that as a member of the YSEALI Fellow, he enjoyed interacting with US experts and other participants from Southeast Asia to learn and share experiences and challenges on environmental issues and find practical solutions. In addition, he learned about American society and culture through community work, study tours, and American housing."These experiences have given me a broader perspective and motivated me to work hard for the benefit of my community." This is what Mr. Sokleap said.Ms. Bonnat Zo Isidana successfully completed a five-week study at East-West Center University.As a member of the YSEALI Fellow, which studies environmental issues, she has gained a deeper understanding of environmental issues in the United States and Southeast Asia through lectures, field trips, and study meetings with specialists in book writing and policy-making while studying and living at the University of Hawaii, Manoa, and the University of California Berkeley."These experiences allow me to look at these issues from a variety of perspectives and to reflect on leadership-related activities that need to be present in different environments and contexts," said Zhou Yi. ”

Sixth Dolphin Calf Recorded This Year

date_range 25-Aug-2023
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Malaysian Embassy vows not to exempt Uncle Roger for insulting Cambodian food as 'waste'

date_range 18-Aug-2023
visibility 11

What is global remuneration? Why is it important for MNEs?

date_range 28-Jul-2023
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Tips How To Be a Good Student

date_range 28-Jul-2023
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Brands are moving from fast to ‘forever fashion’ – but are new clothes ever sustainable?

date_range 08-Feb-2022
visibility 60

‘My son cowers when a shopkeeper says hello’ – are the toddlers of Covid all right?

date_range 08-Feb-2022
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How we met: ‘I wanted to discover the world. He said: I’ll go with you!’

date_range 08-Feb-2022
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Rukmini Iyer’s recipe for beetroot, feta and rosemary breakfast muffins

date_range 06-Feb-2022
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Public-Private Partnership to Fight Breast Cancer

date_range 31-Aug-2023
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Phnom Penh, August 31, 2023 --The Minister of Women’s Affairs applauds AIA Cambodia, partner hospitals, relevant working groups, and other stakeholders for their contribution to raising awareness of breast cancer in Cambodia. The minister, H.E. Mrs. Ing Kantha Phavi, expressed her appreciation while presiding over the launching ceremony of the Breast Cancer Awareness Campaign "Fit for Hope 2023" here in Phnom Penh on Aug. 30.H.E. Mrs. Ing Kantha Phavi recalled the participants of the joint efforts between the ministry and AIA Cambodia to build awareness among women and families about their rights to health, including breast cancer. Fit for Hope 2023, she continued, responded well to the vision of the two entities, serving as a solid campaign to encourage women to get diagnosed and cured early to save their lives from the disease.The anti-breast cancer project demonstrates a good partnership between the government and private sector to benefit the community, especially vulnerable women and girls. According to the World Health Organisation, breast cancer is the most common cancer in the world and a leading cause of women’s deaths. In Cambodia, this problem is caused by a lack of awareness, with 70 percent of the patients finding treatment in the last stage of the disease.

Why you should never eat tomatoes and cucumber together?

date_range 28-Jul-2023
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How Long Can You Survive With Just Water

date_range 28-Jul-2023
visibility 4

How to increase your stamina

date_range 28-Jul-2023
visibility 6

Some Common Sickness That can Happen To Your Dogs

date_range 28-Jul-2023
visibility 2

Is period pain normal?

date_range 21-Jul-2023
visibility 5

What causes sweaty palms?

date_range 21-Jul-2023
visibility 3

Walking Backward is Actually Good for Your Health

date_range 21-Jul-2023
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What Happens When You Drink Too Much Water?

date_range 21-Jul-2023
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Cambodian Volleyball National Team Meets South Korean Team at 19th Asian Games

date_range 22-Sep-2023
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Hangzhou, September 21, 2023—Cambodia’s volleyball national team losses 0-3 to South Korean national team at the 19th Asian Games in Hangzhou, the People’s Republic of China this afternoon.

Cambodia Hosts the ITF Asian Junior Championship

date_range 04-Sep-2023
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Cambodian Petanque Athletes Return Home With 6 Medals

date_range 25-Aug-2023
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National Primary School Games 2023: Kampong Chhnang Province Ranked 1st with 17 Medals

date_range 21-Aug-2023
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Cambodian Football Team Attends AFF U23 Championship 2023

date_range 18-Aug-2023
visibility 4

Another Stadium to be Built in Siem Reap

date_range 16-Aug-2023
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World Police & Fire Games 2023: Cambodia Bags 71 Medals

date_range 11-Aug-2023
visibility 2

Emmanuel Macron’s remarks on Russia set alarm bells ringing

date_range 09-Feb-2022
visibility 67

Eileen Gu soars to Olympic gold as China embraces dual-culture star

date_range 09-Feb-2022
visibility 58

Indonesia inaugurates high-speed rail with Chinese support

date_range 03-Oct-2023
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INDONESIA: Indonesian President Joko Widodo earlier this week presided over the inauguration of a new high-speed rail project worth $ 7.3 billion connecting Jakarta to the southeastern part of Bandung, Java. The high-speed rail project was jointly built by Indonesian and Chinese companies with a total length of 142 km and a maximum speed of 350 km per hour.The transport project is seen as a historic achievement under President Widodo's tenure and as part of China's "One Belt One Road" initiative, which has faced controversy since land grabbing construction was delayed due to the Kovid crisis and excessive budget requirements. According to a senior Indonesian official in charge of the railway project, all citizens will be able to try free travel on the high-speed rail line until mid-October.

Information and Public View Committee Formed to Protect Cambodia's Image

date_range 06-Sep-2023
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Phnom Penh, September 06, 2023 —The Royal Government has established a National Committee for Coordinating Information and Public Views to protect Cambodia's achievements, work, and good image. Prime Minister Samdech Borvor Thipadei Hun Manet signed a sub decree, dated on Sept. 1, outlining the full organisation and functioning of the national committee.The national committee will assist the Royal Government in its coordination of information and public opinion in order to monitor, raise awareness, explain, and maintain Cambodia's positive image.Operating under the direct supervision of the Council of Ministers, the committee will also act to safeguard national sovereignty and promote effective and timely reaction to fake news and misinformation.The National Committee for Coordinating Information and Public Views is comprised of one chair (a Senior Minister), four vice chairs (the first of whom is the Minister of Information), and six members.

Serbia Committed to Tightening Cooperation with Cambodia

date_range 31-Aug-2023
visibility 7

Telecom operators enhance compliance with mobile subscriber information standards

date_range 30-Aug-2023
visibility 4

RFA Fakes News Turned Down

date_range 29-Aug-2023
visibility 7

Cambodia-Russia Relationship To Be Further Developed, Believes Russian PM

date_range 28-Aug-2023
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Agriculture Minister Discusses Cooperation with Russia

date_range 28-Sep-2023
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Phnom Penh, September 27, 2023 --H.E. Dith Tina, Minister of Agriculture, Forestry, and Fisheries, received H.E. Anatoly Borovik, Ambassador of the Russian Federation to Cambodia, to discuss agriculture trade and the memorial service on Sept. 26 at the ministry.On trade, the minister welcomed the import of agricultural fertilisers from Russia and the export of Cambodian agricultural products to the Russian market.They also discuss a joint memorial service for eight Russian agricultural experts who lost their lives in Kampong Cham province on Aug. 23, 1983.A memorial for the experts will also be constructed, and its location is yet to be decided.

Thai cabinet orders Thai farmers to suspend bank debt for three years

date_range 27-Sep-2023
visibility 1

Cambodian PM and Spouse Arrive in New York for UNGA 78

date_range 22-Sep-2023
visibility 2

THE KOREA-ASEAN SOLIDARITY INITIATIVE: New Momentum for Cambodia-ROK Cooperation and Partnership

date_range 15-Sep-2023
visibility 2

Foreign Ministry Confirms PM’s Official Visit to China

date_range 12-Sep-2023
visibility 3

Cambodia to Form Diplomatic Ties with Cook Islands

date_range 11-Sep-2023
visibility 3

Cambodian PM Attends 13 Summits and Delivers 12 Keynote Addresses in Jakarta

date_range 08-Sep-2023
visibility 2

Leaders of Cambodia and the Philippines Discuss Potential Areas for More Cooperation

date_range 07-Sep-2023
visibility 2

Cambodia to Continue Supporting Timor-Leste’s Preparation for ASEAN Membership

date_range 07-Sep-2023
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World Bank Projects Cambodia's 2023 Growth at 5.5 Percent

date_range 03-Oct-2023
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Phnom Penh, October 2, 2023 --The World Bank on Monday projected its growth forecast for Cambodia to 5.5 percent in 2023, thanks mainly to the revival of the services sector and improvements in agricultural production.According to the World Bank’s East Asia and Pacific Economic Update, given the relatively fast pace of growth, the pace of poverty reduction is expected to accelerate. Downside risks include weaker-than-expected global demand, a protracted period of tighter global financial conditions, and/or a renewed oil and food price shock.The tourism and hospitality industries are likely to accelerate further, with a projected increase in international arrivals, while exports and foreign direct investment inflows are expected to be strengthened by the newly ratified free trade agreements, a substantial increase in private and public investment in key physical infrastructure, and structural and sectoral reforms.The Regional Comprehensive Economic Partnership agreement and other free trade have given a boost to the Kingdom's economic growth, said Aaditya Mattoo, chief economist of the World Bank’s East Asia Pacific Region.“Certainly the RCEP agreement by creating greater predictability of market access and by inducing some reforms in Cambodia's own policies can be expected to help both to generate new trade and new investment flows and hopefully to help Cambodia in its goal of diversifying its economy and its exports which have been heavily reliant on garment so far,” he said during a video press conference on the launch of the World Bank’s East Asia and Pacific Economic Update, on Monday.In 2024, the economy is expected to improve further, growing at 6.1 percent as goods exports are projected to also improve and gradually diversify, while FDI inflows will likely be boosted by the new Law on Investment, said the report.Over the medium term, the economy is expected to trend back to potential, growing at 7 percent, read the report.

Cambodian PM Defends the Monthly Minimum Wage for Workers

date_range 03-Oct-2023
visibility 4

Cambodia, Armenia to Deepen Bilateral Partnership

date_range 02-Oct-2023
visibility 4

World Bank Projects Cambodia's 2023 Growth at 5.5 Percent

date_range 02-Oct-2023
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Senior Minister Ouch Borith: Cambodia to work with all partners to unlock potentials of GDI and to advance the SDGs

date_range 29-Sep-2023
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Cambodia Raises Minimum Wage For Garment Factory Workers For 2024

date_range 29-Sep-2023
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ASEAN-Cambodian Business Summit 2023 Kicks Off

date_range 29-Sep-2023
visibility 6

Agriculture Minister Discusses Cooperation with Russia

date_range 28-Sep-2023
visibility 6

Royal Government Not Yet Decided to Impose Capital Gains Tax Next Year, Says PM

date_range 28-Sep-2023
visibility 2