National Bank of Cambodia announces $50 million auction tomorrow
The National Bank of Cambodia has issued a notice to banks, microfinance institutions and exchange traders to participate in the auction of US $50,000,000 for October 12, 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/50949491/national-bank-of-cambodia-announces-50-million-auction-tomorrow/
Vietnam’s overseas investment soars 74 percent in eight months, Cambodia receives 2nd highest portion
Vietnam’s overseas investment surged 74.1 percent year on year to $575 million in the first eight months of 2021, according to the Ministry of Planning and Investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/50925547/vietnams-overseas-investment-soars-74-percent-in-eight-months-cambodia-receives-2nd-highest-portion/
Voter registration numbers expected to triple this year
The National Election Committee (NEC) expected 1.6 million newly registered voters in 2021, compared to just over 500,000 new registrations last year, according to its spokesman Som Sorida. ...
Nov Sivutha
https://www.phnompenhpost.com/national/voter-registration-numbers-expected-triple-year
NEC announces validity of voter list
The National Election Committee (NEC) officially announced the validity of the 2021 voter list, which consists of 9,205,690 voters, or 87.98 per cent of all eligible citizens aged 18 years and over, including 4,904,832 woman. ...
Nov Sivutha
https://www.phnompenhpost.com/national/nec-announces-validity-voter-list
Capital’s airport records 28% cargo rise
Phnom Penh International Airport handled 55,000 tonnes of air freight in 2021, surging by about 28 per cent from a year earlier, according to a State Secretariat of Civil Aviation (SSCA) report. ...
Hom Phanet
https://www.phnompenhpost.com/business/capitals-airport-records-28-cargo-rise
Cambodian garments, footwear and travel goods strategic plan to entice investors
Cambodia’s strategic plan on garment, footwear and travel goods development 2021-2024 will attract more investment and contribute to sustainable development in the sector, Ith Samheng, minister for labour and vocational training, told Okhna Kong Sang, president of Garment Manufacturers Association in Cambodia (GMAC) in Phnom ...
Khmer Times Staff
https://www.khmertimeskh.com/501039009/cambodian-garments-footwear-and-travel-goods-strategic-plan-to-entice-investors/
Enhancing Tourism Opportunities Between Cambodia, Vietnam and Laos
Within the framework of the forum “Kon Tum Tourism – Potential and Prospects” from April 21 to 24, the People’s Committee of Kon Tum province will hold a ceremony to announce the Plan for Tourism Development in the Cambodia – Laos – Vietnam Development Triangle ...
Khmer Times Staff
https://www.khmertimeskh.com/501061597/enhancing-tourism-opportunities-between-cambodia-vietnam-and-laos/
More than 10,700 new business establishments set up in Cambodia in 2022, an increase of 39 percent
Cambodia issued operating licenses to 10,701 new companies in 2022, up 39 percent from 7,677 firms in 2021, said a Ministry of Commerce’s report released on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501229929/more-than-10700-new-business-establishments-set-up-in-cambodia-in-2022-an-increase-of-39-percent/
Cambodia inches up ‘corruption perceptions index’
Cambodia ranks 150 of 180 countries in the annual Corruption Perceptions Index (CPI) for 2022, an improvement over 2021, when the country ranked 157th. ...
Chhun Sunly
https://www.khmertimeskh.com/501230310/cambodia-inches-up-corruption-perceptions-index/
Better weather conditions improved rice production in Cambodia
In 2021, total rice production surged, reaching 12.2 metric tons, marking a 11.6 percent y/y increase. The surge was driven largely by an increase in wet season rice production, thanks to more favorable weather conditions. ...
Khmer Times Staff
https://www.khmertimeskh.com/501105592/better-weather-conditions-improved-rice-production-in-cambodia/
Cambodia attracts over 740,000 international tourists in first 7 months
Cambodia received over 740,000 international visitors in the first seven months of this year, a 560 percent growth compared with 2021. The country aims to attract at least 1 million international tourists in the whole year, driven by the resumption of socioeconomic activities at major ...
Khmer Times Staff
https://www.khmertimeskh.com/501136637/cambodia-attracts-over-740000-international-tourists-in-first-7-months/
Gov’t releases economic diversification report
The Council of Ministers released a summary report yesterday on key multi-sector achievements during the last five years from 2017 to 2021, which includes economic diversification of the country to showcase the Cambodian government’s continuous efforts to overcome obstacles and challenges, in particular, the Covid-19 ...
Kang Sothear
https://www.khmertimeskh.com/501125020/govt-releases-economic-diversification-report/
Cambodia’s exports to EU surge 25 percent to $4 billion in 2022
Cambodia’s exports to the European Union (EU) last year were worth $4 billion, up 25% compared to the 2021’s figure, according to the country’s ministry of commerce. ...
Khmer Times Staff
https://www.khmertimeskh.com/501236859/cambodias-exports-to-eu-surge-25-percent-to-4-billion-in-2022/
Non-garment sectors predicted to remain healthy next year
The Kingdom’s non-garment industry is predicted to remain healthy next year, supported by the agriculture and services sector, according to the government’s national strategic budget plan 2021-2023. ...
Sorn Sarath
https://www.khmertimeskh.com/50734782/non-garment-sectors-predicted-to-remain-healthy-next-year/
Next year’s minimum wage set at $190
The National Council on Minimum Wage has set the 2021 minimum wage at $190 per month for workers in the textile, garment, and footwear industries, according to the Ministry of Labour. ...
Dina Huon
https://www.khmertimeskh.com/50762874/next-years-minimum-wage-set-at-190/
Ministry to spend $500M on 5-year vocational master plan
Ministry of Labour and Vocational Training will spend nearly $500 million to accomplish a five-year master plan in improving Technical and Vocational Education and Training (2021-2025) by focusing on four strategies. ...
Niem Chheng
https://www.phnompenhpost.com/national/ministry-spend-500m-5-year-vocational-master-plan
Cambodia’s exports to Vietnam up 443% in first three months
Cambodia exported $ 1.47 billion worth of products to Vietnam in the first quarter of 2021, a dramatic increase of 443% from the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50853469/cambodias-exports-to-vietnam-up-443-in-first-three-months/
Sihanoukville Autonomous Port discloses significant profit Jan-June
The Sihanoukville Autonomous Port, listed on the Cambodia Stock Exchange (CSX) under the ticker PAS, has posted a substantial increase in net profit for the first six months of 2021 over the preceding semester period. ...
Chea Vanyuth
https://www.khmertimeskh.com/50915641/sihanoukville-autonomous-port-discloses-significant-profit-jan-june/
CMAC on track despite pandemic
In the first seven months of this year, the Cambodian Mine Action Centre (CMAC) had cleared a total of 64,562,539sqm, or about 98.60 per cent of the seven-month plan for 2021. ...
Nov Sivutha
https://www.phnompenhpost.com/national/cmac-track-despite-pandemic
CPFR seizes 97 tonnes of illegally imported spoiled or altered goods
The Ministry of Commerce’s Consumer Protection and Fraud Repression Department (CPFR) seized and destroyed 97 tonnes of counterfeit, damaged or altered goods, containing banned or expired ingredients in the first six months of 2021. ...