Furniture Business On The Rise
More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...
Japan provides $52M in grants
The Japanese government has provided more than $52 million in grants for Cambodia’s socio-economic development projects so far this year, the Ministry of Foreign Affairs and International Cooperation said. ...
Thou Vireak
https://www.phnompenhpost.com/business/japan-provides-52m-grants
Local officials urged to work with everyone regardless of politics, religion
Minister of Interior Sar Kheng on Wednesday instructed police officials and local authorities to serve the people without considering political affiliations or religion. In the handover ceremony of 1,646 motorbikes to police stations nationwide, Kheng told police officials that they must serve the people regardless ...
Student group suspended for ‘violating law on NGOs’
A student group was suspended by the Ministry of Interior yesterday for a series of violations of the Law on Associations and Non-governmental Organisations (Lango), including the highly controversial Article 24, which requires organisations to remain “politically neutral”. ...
Soth Koemsoeun and Andrew Nachemson
http://www.phnompenhpost.com/national/student-group-suspended-violating-law-ngos
Election campaigners told to watch tongues
Deputy Prime Minister and Interior Minister Sar Kheng has urged political parties, politicians and activists to refrain from making controversial comments in the run-up to the commune elections. ...
May Titthara
http://www.khmertimeskh.com/news/37237/election-campaigners-told-to-watch-tongues/
Swiss aid gives $4.6M for farmers
The Swiss Agency for Development and Cooperation (SDC) yesterday pledged $4.6 million over three years for phase two of an agriculture assistance program that is intended to help small-scale Cambodian farmers in four northern provinces. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/swiss-aid-gives-46m-farmers
Chinese market widening for Cambodian exports
Cofco, China’s largest food processor, manufacturer and trader, will set up a working group in the kingdom to explore the possibilities available in the local agricultural market, including expanding the number of products it imports from Cambodia and investing in local infrastructure. ...
Sok Chan
http://www.khmertimeskh.com/5098014/chinese-market-widening-cambodian-exports/
Local production still lagging
As the cost of imports rise, local producers could see an opportunity to increase their market share, but for most a lack of output and quality means potential is limited, industry observers said yesterday. Customs officers who had often undercut the official rate are now ...
Hor Kimsay
http://www.phnompenhpost.com/business/local-production-still-lagging
Cambodia economy bucks regional trend
Driven by garment and improved agricultural export markets, Cambodia has bucked the wider trend of slowing Southeast Asian economies, according to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). ESCAP’s semi-annual Economic and Social Survey of Asia and the Pacific, published ...
Eddie Morton
http://www.phnompenhpost.com/business/cambodia-economy-bucks-regional-trend
King of Cambodia meets with ministers attending tourism and culture meeting in Siem Reap province
His Majesty Preah Bat Samdech Preah Boromneath Norodom Sihamoni, King of Cambodia, personally joined in the togetherness in Cambodia by coming out on February 4 to greet the tourism and culture ministers who were in Cambodia for the first ever UNWTO and UNESCO World Conference ...
eTurboNews News Staff
http://www.eturbonews.com/55353/king-cambodia-meets-ministers-attending-tourism-culture-meeting-
People urged to rear livestock for food security
The Council for Agriculture and Rural Development and Rehabilitation encourages people and stakeholders to promote livestock husbandry more widely at the grassroots level to improve the nutritional and food security in Cambodia. ...
Hang Punreay
https://www.khmertimeskh.com/501368252/people-urged-to-rear-livestock-for-food-security/
GFT exports decline 17.81% triggering more job loss fears
Cambodia’s exports of garments, footwear and travel goods (GFT) continued the slide as the January to September period recorded a decline of 17.81 percent, compared to the same period last year, triggering fears of more job losses and factory closures. ...
Manoj Mathew
https://www.khmertimeskh.com/501375664/gft-exports-decline-17-81-triggering-more-job-loss-fears/
Cambodia’s trade declines 1.9% to $46.82 billion in 2023
Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/
Cambodia’s trade declines 1.9% to $46.82 billion in 2023
Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...
Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/
Cambodia’s GFT exports jump 20.69 percent
The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...
Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/
GFT exports rise 17 percent in first half of 2024
Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...
Manoj Mathew
https://www.khmertimeskh.com/501521386/gft-exports-rise-17-percent-in-first-half-of-2024/
China Looks to Increase Media Presence
The Chinese Information Minister met Deputy Prime Minister Sok An on Sunday to discuss introducing more of a Chinese perspective to the media in Cambodia. The two men also agreed to send a delegation from the Council of Ministers Press and Quick Reaction Unit (PQRU) ...
SMEs look to regional buyers
Cambodia’s ASEAN Economic Minister yesterday urged small and medium-size enterprises to focus on countries in Southeast Asia, rather than Europe and the United States, for export destinations. Cham Prasidh, also the minister of commerce, said yesterday that regional markets have traditionally held a second place to ...
http://www.phnompenhpost.com/index.php/2012053056469/Business/smes-look-to-regional-buyers.html
Cambodia's trade with U.S. down 2 pct in first 2 months
The bilateral trade volume between Cambodia and the United States was worth about 499 million U.S. dollars in the first two months of this year, down 2 percent compared with 510 million U.S. dollars at the same period last year, the statistics of the U.S. ...
http://news.xinhuanet.com/english/business/2013-04/16/c_132313606.htm
Risk Of Money Laundering Grows With Economy
With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...
http://www.cambodiadaily.com/news/risk-of-money-laundering-grows-with-economy-14444/