National

Phnom Penh, October 14, 2024 --Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, presided over the celebration of the 20th Anniversary of Cambodia’s Accession to the World Trade Organisation (WTO), held at Sokha Phnom Penh Hotel this morning.The celebration reaffirmed the importance of Cambodia's membership in the WTO, as well as the Kingdom's continued support for the Rules-Based Multilateral Trading System with openness, transparency, equality and WTO-centered inclusiveness.In his keynote address, the Premier underlined that the Royal Government will continue to strengthen and promote free trade with all development partners, and in order for Cambodia to graduate from the LDC status, the country must strengthen her products and internal services and expand her external markets.Cambodia became the 148th member of the WTO – a prominent global trade network contributing indispensably to the country's growth – on 20 on Oct. 13, 2024.According to H.E. Mrs. Cham Nimul, Minister of Commerce, the membership has allowed Cambodia's better access to international markets that are WTO members, especially through the Most-Favoured Nation (MFN) trading terms and entitlement to Special and Differential Treatment (SDT), and Duty-Free and Quota-Free (DFQF) export mechanisms.These have enabled the country to expand and diversify its exports from garments and textiles to other sectors, including rice, travel goods, footwear, electronics, and bicycles, among others.National trade policies, regulations, reforms, and other commitments required by the WTO, along with its technical assistance and capacity building, have improved Cambodia's ability to participate in international trade negotiations and the effective implementation of bilateral, regional, and international trade agreements.As a WTO member, Cambodia has also engaged actively in global trade policy discussions and negotiations to craft international trade rules that ensure economic development.With the opportunity, Cambodia built up its gross domestic product (GDP) from US$ 5.3 billion in 2004 to US$ 29.61 billion in 2022. The country's foreign direct investment increased from US$ 110 million in 2000 to US$ 4.9 billion in 2023.Cambodia's trade volume of about US$ 4.5 billion in 2004 increased to US$ 47.88 billion in 2023, of which Cambodia's total exports were around US$ 23.47 billion, among its main trading partners including China, the United States, the European Union, Japan, Thailand, Vietnam, and South Korea.The progress reduced Cambodia's poverty rate from 60 percent in 2000 to 16 percent in 2022, and the country is standing firm and ready to graduate from the United Nations' category of least developed countries by 2029.

date_range 14-Oct-2024
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International

 Xinjiang, October 14, 2024-- The 6th World Media Summit (WMS), being hosted by Chinese State-owned Xinhua News Agency, officially kicked off in Urumqi, Xinjiang Uygur Autonomous Region of northwestern China this morning (China Local Time).The Summit has brought together leaders of major global media outlets, government officials, representatives of international organisations, and executives of high-tech enterprises around the world to engage in in-depth discussions under the theme "Artificial Intelligence and Media Transformation." Since its inception in 2009 by a group of globally renowned media organisations including Xinhua News Agency, the Associated Press, Reuters, TASS Russian news agency and Kyodo News among others, the WMS has served as a premium platform for global media exchange and coordination. The 5th WMS, held successfully in Guangdong and Yunnan Provinces of the People’s Republic of China in December 2023. At present, artificial intelligence technology has permeated various facets of the media industry, encompassing news collection, production, and distribution. Addressing the challenges presented by AI technology and leveraging cutting-edge innovations to empower the media industry have become pivotal concerns for global media entities. Xinjiang, where the 6th World Media Summit being held, has a long history of being a vital hub along the ancient Silk Road and a bridge between Eastern and Western civilisations. In addition to attending the plenary sessions, delegates to the 6th WMS are also invited to explore Xinjiang’s unique cultural landscapes, travel along the Silk Road, and engage directly with local communities to experience the region's vibrant multi-ethnic culture. Like other distinguished participants, two senior representatives from the State-run Agence Kampuchea Presse (AKP) of the Kingdom of Cambodia, also attended the 6th WMS.This summit will serve as a rare forum thus greatly contribute to making the summit a key forum to foster consensus, pursue shared development, embrace new opportunities and address new challenges at this crucial moment for AI-powered transformation of the media industry.

date_range 14-Oct-2024
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Trade

Phnom Penh, October 14, 2024 --With the Samdech Thipadei Award for Khmer Mixed Martial Arts (MMA) Championships to happen next week, the Cambodian Prime Minister has recently formulated a commission for extensive research and study of the roots of all Khmer martial arts for conservation purposes.According to the decision made by the Royal Government of Cambodia led by Prime Minister Samdech Moha Borvor Thipadei Hun Manet, the study and research could stretch beyond Cambodian territory to areas that used to be under the administration of the former Khmer Empire. They include Kampuchea Krom in Vietnam as well as other regions currently belonging to Laos, Myanmar, and Thailand.H.E. Vath Chamroeun, Permanent Vice Chair of the Commission for Organising the MMA Championships, supported the initiative that he believes will bring about a clear understanding of the history of Khmer martial arts for generations to come.The vice chair also plans to propose to the government a ten-year title of 'King of Khmer Martial Art Fighters' for the winner of the championships to further encourage more participation in the sport.H.E. Dr. Thong Khon, senior minister tasked to lead the event, in his earlier address at a press conference, also encouraged in-depth research, study, and documentation of the Khmer martial arts.For the up-coming Samdech Thipadei Award for Khmer Mixed Martial Arts (MMA) Championships, it will be organised on Oct. 18-20 at the National Olympic Stadium, Phnom Penh.Interministerial efforts have been made, along with intimate cooperation with other players using all means of communication, to circulate the information across the country as well as to attract the participation of those interested.Four sports federations will join hands in organising the event, including the Khmer Boxing Federation, the Cambodian Mixed Martial Arts Federation, the Yutkromkhorm Federation of Cambodia, and the Cambodia Kun Bokator Federation.

date_range 14-Oct-2024
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Trade

Phnom Penh, October 12, 2024 --The Club of Cambodian Journalists (CCJ) and the Thai Journalists Association (TJA) have called on the media in both countries to report on the recent Miss Grand International (MGI) incident with greater care to avoid a wider conflict.The recent tensions between Miss Grand International Public Company Limited, headquartered in Thailand, and Miss Grand Cambodia, eventually led to the decision to withdraw as co-hosts, while some media outlets, particularly on social media, have reported on the event, causing the news to go viral in both countries.Media outlets should not use the conflicts between the two private companies or social media content about the event for their own gain, underlined the CCJ and TJA in a joint press statement made public after a virtual meeting between their executives on Oct. 10.“We encourage social media users in both countries to exercise discretion when receiving information about the disputes between the two companies, and to consider the consequences before sharing information on their personal social media channels,” it added.CCJ and TJA also urged both private companies to resolve their disputes as quickly as possible to prevent the situation from worsening.“The executives of both media organisations sincerely hope that the ongoing disputes between the two private companies will be resolved as quickly as possible to mitigate the risk of unexpected situations that could negatively impact the long-standing relationship between the two countries,” the statement concluded.

date_range 14-Oct-2024
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Trade

Phnom Penh, October 11, 2024 --Cambodia and China have agreed to continue to promote their cooperation in a number of key areas, including clean energy, infrastructure connectivity, and people-to-people connectivity.The agreement was reached between Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, and H.E. Li Qiang, Premier of the State Council of the People’s Republic of China, during their bilateral talks in Vientiane, Lao PDR on the evening of Oct. 10, on the sidelines of 44th and 45th ASEAN Summits and Related Summits.Both leaders also expressed their satisfaction with the good relations and cooperation between the two countries, which have reached the level of comprehensive strategic partnership.H.E. Li Qiang reaffirmed China’s continued support to the development path in line with the real situation of Cambodia, and pledged to encourage more Chinese investors to Cambodia. In terms of infrastructure construction, the Chinese side continues to support Cambodia in developing her infrastructure by providing an additional grant of 300 million yuan so that the Kingdom can achieve her plan.In addition, the Chinese side vowed to work more closely with Cambodia to develop a master plan for the Fish and Rice Corridor and Industrial and Technological Corridor with a commitment to boost the import of more Cambodian agricultural products to the Chinese market.In reply, Samdech Thipadei Hun Manet expressed his gratitude to the Chinese government and people for their continued support for Cambodia's socio-economic development, and thanked them for providing grants for infrastructure construction in Cambodia.

date_range 11-Oct-2024
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National

Phnom Penh, October 11, 2024 --Over seventy (70) beauty queens will join a contest of the Miss Planet International 2024 in Cambodia in November, according to a recent social media post of the organiser.Cambodia will host the 4th Miss Planet International from Nov. 19 to 27.Initiated by Cambodia, the Miss Planet International pageant is not just a beauty contest but also a movement that pursues the fulfilment of the United Nations' Sustainable Development Goals in order to save the planet and humanity on earth.The beauty queens to join the contest shared their comments on the post that Cambodia is a place where they feel warm, the people are friendly, and the country is home to many stunning cultural and natural sites.For the contest, participating queens will highlight their initiatives to support and make the planet healthy.They will also tour well-known sites in Cambodia, including Angkor Wat Temple, a UNESCO’s World Heritage Site.

date_range 11-Oct-2024
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MPWT, AIIB Sign Two MoUs on Feasibility Studies on Transport and Infrastructure Projects in Cambodia

date_range 27-Sep-2024
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Phnom Penh, September 27, 2024 --Ministry of Public Works and Transport (MPWT) and Asian Infrastructure Investment Bank (AIIB) have entered into two memorandums of understanding (MoUs) on feasibility studies on subway network in Phnom Penh capital city and on infrastructure connectivity in Cambodia' northeastern area.The signing ceremony took place in Beijing, China on Sept. 26 on the sidelines of the Global Sustainable Transport Forum 2024, according to the MPWT, adding that the signatories were H.E. Peng Ponea, Minister of MPWT, and Ms. Suthasinee Nimitkul, Chief Ethics Officer of AIIB.During their bilateral meeting, H.E. Peng Ponea thanked the AIIB for its support to MPWT so far through cross-border infrastructure improvement project and urban infrastructure development project (UIDP).Both sides agreed to boost the implementation of the two aforementioned projects successfully as planned.Earlier on the same day, H.E. Peng Ponea also held a bilateral talk with his Chinese counterpart H.E. Li Xiaopeng, during which both sides agreed to create a working group to review the MoU between the two ministries signed in 2017 with an aim to expand the cooperation in the area of public works and transport.

MISTI Collects Private Sector Insights to Strengthen MSME Capabilities in Industry 4.0

date_range 26-Sep-2024
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DPM SUN Chanthol Updates San Francisco Chamber of Commerce on Cambodia’s Investment Environment

date_range 25-Sep-2024
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Cambodian NA President Encourages More Investors from Guangdong Province to Invest in Cambodia

date_range 23-Sep-2024
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Cambodia-Indonesia Bilateral Trade Exceeds US$1 Billion in 2023

date_range 16-Sep-2024
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CDC Requests Canada to Help Promote Cambodia’s Investment Potential among Investors

date_range 16-Sep-2024
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Cambodia Welcomes More American Investments

date_range 10-Sep-2024
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Investissement Québec International to Explore Investment Opportunities in Cambodia

date_range 09-Sep-2024
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DPM SUN Chanthol: Investment Enables Cambodia to Build Interconnected Infrastructure Nationwide

date_range 09-Sep-2024
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Cambodia, South Korea Discuss Digital Education Cooperation

date_range 02-Jul-2024
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Phnom Penh, July 02, 2024 --Cambodia and the Republic of Korea have discussed more cooperation to promote digital education in Cambodia.The discussion took place in a recent meeting in the Republic of Korea between H.E. Ms. Kim Sethany, Secretary of State at the Ministry of Education, Youth, and Sports, and Mr. Jung Dae-Ho, Director General of the Education Department of Busan city, South Korea.The two sides spoke highly of nearly 20 years of good collaboration in education and vowed to renew their partnership in 2025.The partnership will support networking between schools in Busan city and Cambodia through education and technology experience sharing and capacity building, especially for Cambodian teachers.H.E. Ms. Kim Sethany emphasised that South Korea is a leading country in mainstreaming technology in education and that the new partnership reflects a long-lasting friendship and will contribute significantly to Cambodia’s education advancement.

IMF: Singapore, New Zealand Best Prepared For AI Among RCEP Economies

date_range 28-Jun-2024
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Cambodia Launches Digital Platform For Registration Of SMEs, Handicrafts And Factories

date_range 28-Jun-2024
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Visa Supports Women-Owned SMBs And Youths In Southeast Asia With Digital And Financial Skills

date_range 03-Jun-2024
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Visa Supports Women-Owned SMBs And Youths In Southeast Asia With Digital And Financial Skills

date_range 30-May-2024
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Major websites for online learning

date_range 08-Apr-2024
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Meta's Whatsapp messenger faces disruption for tens of thousands of users around the world

date_range 05-Apr-2024
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Cambodia’s Digitalization Advances In Remarkable Pace

date_range 11-Mar-2024
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First Ever Digital Government Forum Kicks Off

date_range 11-Mar-2024
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Samdech Thipadei Hun Manet Promotes Khmer Mixed Martial Arts to New Height

date_range 14-Oct-2024
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Phnom Penh, October 14, 2024 --With the Samdech Thipadei Award for Khmer Mixed Martial Arts (MMA) Championships to happen next week, the Cambodian Prime Minister has recently formulated a commission for extensive research and study of the roots of all Khmer martial arts for conservation purposes.According to the decision made by the Royal Government of Cambodia led by Prime Minister Samdech Moha Borvor Thipadei Hun Manet, the study and research could stretch beyond Cambodian territory to areas that used to be under the administration of the former Khmer Empire. They include Kampuchea Krom in Vietnam as well as other regions currently belonging to Laos, Myanmar, and Thailand.H.E. Vath Chamroeun, Permanent Vice Chair of the Commission for Organising the MMA Championships, supported the initiative that he believes will bring about a clear understanding of the history of Khmer martial arts for generations to come.The vice chair also plans to propose to the government a ten-year title of 'King of Khmer Martial Art Fighters' for the winner of the championships to further encourage more participation in the sport.H.E. Dr. Thong Khon, senior minister tasked to lead the event, in his earlier address at a press conference, also encouraged in-depth research, study, and documentation of the Khmer martial arts.For the up-coming Samdech Thipadei Award for Khmer Mixed Martial Arts (MMA) Championships, it will be organised on Oct. 18-20 at the National Olympic Stadium, Phnom Penh.Interministerial efforts have been made, along with intimate cooperation with other players using all means of communication, to circulate the information across the country as well as to attract the participation of those interested.Four sports federations will join hands in organising the event, including the Khmer Boxing Federation, the Cambodian Mixed Martial Arts Federation, the Yutkromkhorm Federation of Cambodia, and the Cambodia Kun Bokator Federation.

Media Asked to Report MGI Incident with Greater Care

date_range 14-Oct-2024
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Cambodia, China Agree to Foster Cooperation in Clean Energy and Connectivity

date_range 11-Oct-2024
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Cambodia, Germany Discuss Bilateral Development Cooperation

date_range 11-Oct-2024
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Cambodian Commerce Minister Receives Senior Director of Public Policy Southeast Asia of TikTok

date_range 10-Oct-2024
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HE Minister H.E. Huot Hak allowed Dr. Chhay Sinath and his colleagues to pay a courtesy call and discuss work.

date_range 10-Oct-2024
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NBC Warns against Illegal Loans

date_range 09-Oct-2024
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MIRARTH Expands Cashew Processing, Explores Biomass Fuel Production

date_range 09-Oct-2024
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This Year’s CIEGE to Attract Up to 300 Booths

date_range 08-Oct-2024
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5 Smartest Dog Breeds in the World

date_range 26-Aug-2024
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Have you ever wondered how intelligent your dog is compared to other dog breeds? Or would you like to learn more about the world's smartest dog breeds? If so, you have come to the right place.We've identified the ten smartest dog breeds in the world and gone over some of their distinguishing characteristics for you here!1.Border CollieIf you want the most intelligent dog breed, the Border Collie is it. They are incredibly intelligent and active canines with a background in herding. However, keep in mind that, despite their intelligence, they have strong herding instincts and are not usually the best companions for little children or cats. But with a little consistency and instruction, you can teach a Border Collie almost anything!2.PoodleThe Poodle is another well-known intelligent dog breed, and what makes them unique is that they come in a variety of sizes and shapes. Poodles are also regarded more hypoallergenic than other breeds and get along well with children and other dogs, so they can fit into almost any family. No surprise these dogs are so popular!3.German ShepherdIf you want a working dog, there's a reason why the German Shepherd is so popular. They're intelligent enough to learn almost any task you give them, and they're dependable enough to keep performing what you want month after month and day after day. They are also fantastic with youngsters, although you should exercise caution when around other dogs.4. Golden RetrieverIf you're seeking for the ideal family dog, the Golden Retriever may be your best option. They get along well with children and other pets, and they never seem to get enough attention from everyone in the household. They're also quite loyal and intelligent, so a little training and consistency may go a long way.5.Doberman PinscherThe Doberman Pinscher is one of the smartest large dog breeds on the globe, with some weighing nearly 100 pounds! They make excellent family dogs who enjoy impressing their people, however it is important to note that these enormous dogs are quite energetic.As a result, we don't recommend getting one unless you have plenty of room for them to run around and expend some energy.

Industry Minister Calls on Local Food Producers to Elevate Khmer Cuisine to Global Audience

date_range 07-Aug-2024
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"Orchids of Angkor Wat" Exhibit Opens at Singapore's Cloud Forest

date_range 21-May-2024
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Phnom Penh To Host First International Choir Contest

date_range 21-May-2024
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6 Reasons Why Beer Is Good in Summer

date_range 06-May-2024
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5_effective_sleep_management_methods_to_help_you_get_a_good_night's

date_range 09-Apr-2024
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What kind of plastics are safe to reuse?

date_range 09-Apr-2024
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USAID Announces New Environment Project to Preserve and Protect Biodiversity and Natural Resources in Cambodia

date_range 22-Dec-2023
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Best Time to Make Fermented and Dried Fish Starts

date_range 20-Dec-2023
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Heavy Rain and Strong Wind Forecast for Coastal Areas Until Early Next Week

date_range 19-Sep-2024
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Phnom Penh, September 19, 2024 --The Ministry of Water Resources and Meteorology has urged for extra caution, especially of residents in coastal areas, against potential heavy rains and strong wind from Sept. 18 to 23.The ministry issued the warning in its latest weather forecast circulated on Wednesday, listing the coastal provinces of Koh Kong, Preah Sihanouk, Kampot, and Kep and Bokor mountain ranges as the most affected.The residents in the areas, especially fishermen, should also expect strong thunder, gusts, high waves, and flash floods that could be life-threatening.The weather condition will be caused by the tropical depression in the South China Sea passing the coastal areas of central Vietnam and the central Mekong basin to Cambodia.The forecast continued that Cambodia's highlands, including the Cardamom mountains and the provinces of Kampong Speu, Pailin, Oddar Meanchey, Preah Vihear, Stung Treng, Kratie, Rattanakiri, and Mondulkiri, as well as the areas located in the lowlands such as Banteay Meanchey, Takeo, Battambang, Siem Reap, Pursat, Kampong Chhnang, Kampong Thom, Kampong Cham, Thbong Khmum, Prey Veng, Svay Rieng and Kandal provinces and Phnom Penh capital could experience above-moderate rains, thunder, and wind storms.

U.S. Food and Beverage Showcase Highlights American Culinary Excellence in Cambodia

date_range 09-Aug-2024
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Industry Minister Calls on Local Food Producers to Elevate Khmer Cuisine to Global Audience

date_range 07-Aug-2024
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ITC, Japan's University Establish Air Quality Monitoring System

date_range 18-Jul-2024
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Mondulkiri Sets National Precedent With Cross-Sector Collaboration For Improved Adolescent And Youth Health And Well-Being

date_range 25-Jun-2024
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Sitting all day? Here are 4 tips that can help you feel better

date_range 20-May-2024
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6 Reasons Why Beer Is Good in Summer

date_range 06-May-2024
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NEW LE PETIT CHEF & FRIENDS SHOW AT HYATT REGENCY PHNOM PENH

date_range 26-Apr-2024
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Natural remedy that is recognized to be effective in just one night

date_range 09-Apr-2024
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2024 SEA Wave Finswimming Round 4: Cambodia Grabs Four Medals

date_range 11-Sep-2024
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Phnom Penh, September 11, 2024 --Cambodia has bagged four medals – two silver and two bronze – at the 2024 SEA Wave Finswimming Round 4 at Sport Complex Psu Phuket, Thailand.Huon Tith Dalin won the two silver medals in 50m How to swim Surface and 100m Surface Swimming; and the two bronze medals in 50m How to swim Bi-Fins and 100m Bi-Fins Swimming, according to the National Olympic Committee of Cambodia (NOCC).Organised by the Association of Thailand Underwater Sports (ATUS), the tournament took place from Sept. 6 to 8, with the participation of many finswimmers from ASEAN and Asian countries.

Cambodian Volleyball Players Win First Place in SEA V League Challenge 2024

date_range 04-Sep-2024
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Five Cambodian Soft Tennis Athletes Joining a Camp Training in South Korea

date_range 26-Aug-2024
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Jet Ski Athlete Saly Oumoeut Wins a Silver Medal from World Series Europe 2024

date_range 29-Jul-2024
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2nd International Indonesia Pencak Silat Open Championship 2024: Cambodia Grabs Three Medals

date_range 17-Jul-2024
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Cambodia Grabs Six Medals At 21st ASEAN University Games In Indonesia

date_range 04-Jul-2024
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Information Minister Supports Cambodian-Chinese Amateur Badminton Championship

date_range 03-Jun-2024
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Cambodian Women's Team Expects To Excel At 2024 Women Indoor Hockey Asia Cup

date_range 10-May-2024
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Five Medals Earned At 2024 Ju-Jitsu Asian Championship In UAE

date_range 07-May-2024
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Cambodian Environment Minister: Participation Of All Stakeholders Necessary For Ocean Protection

date_range 24-Jul-2024
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Phnom Penh, July 24, 2024 --“Preserving and sustainably using the oceans and marine resources for sustainable development are the shared responsibility of all nations,” stressed H.E. Eang Sophalleth, Cambodian Minister of Environment while presiding over the opening ceremony of the first “Blue Talks” in Cambodia on Tuesday.Organised by the French Embassy in Phnom Penh in partnership with the French Agency for Development (AFD), the event was held in Sihanoukville, Preah Sihanouk province in preparation for the Third UN Ocean Conference (UNOC3) to be held in Nice, France in June 2025.H.E. Eang Sophalleth also underscored the importance of protecting the marine environment and biodiversity, and welcomed the close cooperation from relevant partners to share knowledge and cooperation in maritime health care.Moreover, he mentioned about the ocean pollution due to plastic waste, and laid stress on Cambodia’s active contribution to reducing plastic waste, affirming that the Kingdom has reduced the plastic consumption by 74.1 percent in the past 11 months.The UN statistics show that by 2050, the plastic population will exceed the number of fishes in the ocean.According to French Embassy, the first “Blue Talks” in Cambodia aimed to mobilise all stakeholders to create favorable conditions for international negotiations and establish a network of stakeholders in Cambodia to develop new projects dedicated to the oceans. The ultimate objective is to raise the level of ambition and collectively increase the efforts to protect the oceans by June 2025.H.E. Jacques Pellet, Ambassador of France to Cambodia, H.E. Long Dimanche, Deputy Governor of Preah Sihanouk province, and Mr. Jean-Pierre Marcelli, AFD Regional Director for Southeast Asia, as well as representatives of different ministries, NGOs, EU Delegation to Cambodia, UN agencies and private sector also joined H.E. Minister of Environment in exchanging views on issues of blue economy, ecotourism, maritime trade and responsible agriculture.

Some 2.6 Million Foreign Tourists Visit Cambodia In H1

date_range 05-Jul-2024
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Cambodian PM To Pay An Official Visit To Singapore Tomorrow

date_range 17-Jun-2024
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Another Cruiser Brings Along Nearly 200 Foreign Tourists To Cambodia

date_range 05-Jun-2024
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Cambodian PM Heading For Laos For Two-Day Official Visit

date_range 25-Mar-2024
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China Provides Grant Aid For Cambodia's Council Of Ministers

date_range 06-Mar-2024
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Over 310 Multi-National Tourists Visit Preah Sihanouk Coastal Province

date_range 19-Feb-2024
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PM And First Lady Depart For Official Visit To Thailand

date_range 07-Feb-2024
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Government Supports UNDP's Country Programme 2024-2028

date_range 02-Feb-2024
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PRESS RELEASE: Global Finance’s Central Banker Report Cards 2024

date_range 26-Aug-2024
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Global Finance magazine has released the names of Central Bank Governors who earned the highest grades, “A+”, “A” or “A-”, in the Central Banker Report Cards 2024. The full Central Banker Report Cards 2024 grade list will appear in Global Finance’s October print and digital editions as well as online at GFMag.com.The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of nearly 100 key countries, territories and districts, as well as the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.Grades are based on an “A+” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. (“A” represents an excellent performance, down through “F” for outright failure.)“Central bankers have waged war against inflation over the past few years, wielding their primary weapon: higher interest rates. Now, countries around the world are witnessing the tangible results of these efforts, as inflation has dropped significantly,” said Global Finance founder and editorial director Joseph Giarraputo. “Global Finance’s annual Central Banker Report Cards honor those bank leaders whose strategies outperformed their peers through originality, creativity and tenacity.” Published by Korn Chamnan

Journalists Share Perspectives for Lancang-Mekong Cooperation

date_range 21-Aug-2024
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Mpox scientist makes chilling 'new global outbreak' prediction after 'concerning development'

date_range 20-Aug-2024
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Court removes Prime Minister Srettha from office in another ruling shaking up Thailand's politics

date_range 15-Aug-2024
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Hamas leader Ismail Haniyeh assassinated in Iran

date_range 31-Jul-2024
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Cambodia, the Philippines to Tighten Army Cooperation

date_range 29-Jul-2024
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Information Ministry Enters Into Cooperation MoU With Commerce Ministry

date_range 09-Jul-2024
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Cambodia-China Joint Naval Exercise: Not A Threat

date_range 28-May-2024
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Cambodian PM Leaves For High-Level Opening Of UN-ESCAP’s 80th Session In Bangkok

date_range 22-Apr-2024
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6th World Media Summit Officially Kicked Off in Xinjiang

date_range 14-Oct-2024
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 Xinjiang, October 14, 2024-- The 6th World Media Summit (WMS), being hosted by Chinese State-owned Xinhua News Agency, officially kicked off in Urumqi, Xinjiang Uygur Autonomous Region of northwestern China this morning (China Local Time).The Summit has brought together leaders of major global media outlets, government officials, representatives of international organisations, and executives of high-tech enterprises around the world to engage in in-depth discussions under the theme "Artificial Intelligence and Media Transformation." Since its inception in 2009 by a group of globally renowned media organisations including Xinhua News Agency, the Associated Press, Reuters, TASS Russian news agency and Kyodo News among others, the WMS has served as a premium platform for global media exchange and coordination. The 5th WMS, held successfully in Guangdong and Yunnan Provinces of the People’s Republic of China in December 2023. At present, artificial intelligence technology has permeated various facets of the media industry, encompassing news collection, production, and distribution. Addressing the challenges presented by AI technology and leveraging cutting-edge innovations to empower the media industry have become pivotal concerns for global media entities. Xinjiang, where the 6th World Media Summit being held, has a long history of being a vital hub along the ancient Silk Road and a bridge between Eastern and Western civilisations. In addition to attending the plenary sessions, delegates to the 6th WMS are also invited to explore Xinjiang’s unique cultural landscapes, travel along the Silk Road, and engage directly with local communities to experience the region's vibrant multi-ethnic culture. Like other distinguished participants, two senior representatives from the State-run Agence Kampuchea Presse (AKP) of the Kingdom of Cambodia, also attended the 6th WMS.This summit will serve as a rare forum thus greatly contribute to making the summit a key forum to foster consensus, pursue shared development, embrace new opportunities and address new challenges at this crucial moment for AI-powered transformation of the media industry.

CDC’s Senior Official Attends Hamburg Sustainability Conference in Germany

date_range 09-Oct-2024
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Cambodian PM Has a Working Breakfast with Lao, Vietnamese Counterparts in Vientiane

date_range 09-Oct-2024
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Cambodia, Ukraine Sign Agreement on Visa Exemption for Diplomatic and Service Passport

date_range 26-Sep-2024
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Outgoing Thai Ambassador Bids Cambodian Foreign Minister Farewell

date_range 11-Sep-2024
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14 Ukrainian Demining Experts Being Trained on Using Deming Equipment

date_range 08-Aug-2024
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Cambodia to Join Asia Cross Country Rally 2024 in Thailand

date_range 08-Aug-2024
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ASEAN Fully Supports Cambodia’s Chairmanship of ACCSM in 2024-2026

date_range 07-Aug-2024
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Cambodia Bags 17 Medals At A World DanceSport Event In Vietnam

date_range 17-Jul-2024
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Cambodia Marks 20th Anniversary of Accession to WTO

date_range 14-Oct-2024
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Phnom Penh, October 14, 2024 --Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, presided over the celebration of the 20th Anniversary of Cambodia’s Accession to the World Trade Organisation (WTO), held at Sokha Phnom Penh Hotel this morning.The celebration reaffirmed the importance of Cambodia's membership in the WTO, as well as the Kingdom's continued support for the Rules-Based Multilateral Trading System with openness, transparency, equality and WTO-centered inclusiveness.In his keynote address, the Premier underlined that the Royal Government will continue to strengthen and promote free trade with all development partners, and in order for Cambodia to graduate from the LDC status, the country must strengthen her products and internal services and expand her external markets.Cambodia became the 148th member of the WTO – a prominent global trade network contributing indispensably to the country's growth – on 20 on Oct. 13, 2024.According to H.E. Mrs. Cham Nimul, Minister of Commerce, the membership has allowed Cambodia's better access to international markets that are WTO members, especially through the Most-Favoured Nation (MFN) trading terms and entitlement to Special and Differential Treatment (SDT), and Duty-Free and Quota-Free (DFQF) export mechanisms.These have enabled the country to expand and diversify its exports from garments and textiles to other sectors, including rice, travel goods, footwear, electronics, and bicycles, among others.National trade policies, regulations, reforms, and other commitments required by the WTO, along with its technical assistance and capacity building, have improved Cambodia's ability to participate in international trade negotiations and the effective implementation of bilateral, regional, and international trade agreements.As a WTO member, Cambodia has also engaged actively in global trade policy discussions and negotiations to craft international trade rules that ensure economic development.With the opportunity, Cambodia built up its gross domestic product (GDP) from US$ 5.3 billion in 2004 to US$ 29.61 billion in 2022. The country's foreign direct investment increased from US$ 110 million in 2000 to US$ 4.9 billion in 2023.Cambodia's trade volume of about US$ 4.5 billion in 2004 increased to US$ 47.88 billion in 2023, of which Cambodia's total exports were around US$ 23.47 billion, among its main trading partners including China, the United States, the European Union, Japan, Thailand, Vietnam, and South Korea.The progress reduced Cambodia's poverty rate from 60 percent in 2000 to 16 percent in 2022, and the country is standing firm and ready to graduate from the United Nations' category of least developed countries by 2029.

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