Cambodian travel agents meet up with Malaysian counterparts in tourism seminars
Tourism Malaysia beefs up its international marketing efforts by organising seminars in Phnom Penh and Siem Reap, packed with business-to-business (B2B) sessions and networking luncheons, to arrange possible tie-ups between Malaysian tourism industry players and its Cambodian counterparts. ...
Khmer Times Staff
https://www.khmertimeskh.com/501345769/cambodian-travel-agents-meet-up-with-malaysian-counterparts-in-tourism-seminars/
Cambodia’s central bank says foreign reserves increased to $18.4 billion as of June
Cambodia’s international reserves had risen to $18.4 billion as of June 2023, up 3.2 percent from $17.82 billion at the end of 2022, said a report of the National Bank of Cambodia (NBC) on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501334799/cambodias-central-bank-says-foreign-reserves-increased-to-18-4-billion-as-of-june/
Cambodia’s exports earn $13 billion in January-July period
Cambodia exported $13.525 billion worth of goods to international markets in the January-July period of 2023, a year-on-year decrease of 2 percent, a report of the General Department of Customs and Excise showed on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501341450/cambodias-exports-earn-13-billion-in-january-july-period/
Observers signing up for national elections
As of November 7, the National Election Committee (NEC) had registered a total of 2,661 national observers from six NGOs and associations who had applied to observe next year’s general election. ...
Ry Sochan and Chea Sokny
https://www.phnompenhpost.com/national/observers-signing-national-elections
Cambodia’s famed Angkor registers 20-fold increase in int’l tourist arrivals in first 9 months
Cambodia’s famed Angkor Archaeological Park attracted 134,152 foreign tourists in the first nine months of 2022, an increase of 2,075 percent compared to the same period last year, said a press statement on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501161488/cambodias-famed-angkor-registers-20-fold-increase-in-intl-tourist-arrivals-in-first-9-months/
Single Portal registrations top 19K
A total of 19,072 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of November 2, the finance ministry reported, in an achievement seen as a reflection of government efforts to improve the ease of ...
May Kunmakara
https://www.phnompenhpost.com/business/single-portal-registrations-top-19k
Agri-exports to Vietnam boom nearly five-fold in past 3 years
Cambodia has emerged as a major exporter of agricultural products to Vietnam in the past couple of years, registering a January-October 2022 total of $2.429 billion, according to the state-run Vietnamnet newspaper. ...
May Kunmakara
https://www.phnompenhpost.com/business/agri-exports-vietnam-boom-nearly-five-fold-past-3-years
CDC unveils 27 projects in Jan-Feb
The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-unveils-27-projects-jan-feb
Cambodia collects $1.9 billion taxes in Q1
Cambodia collected $1.9 billion from all sources of taxes in the first quarter (Q1) of 2023, up 2 percent from nearly $1.86 billion in the same period last year, according to press statements released on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501273079/cambodia-collects-1-9-billion-taxes-in-q1/
$145.8 million earned by Cambodia from rubber exports of 108,000 tonnes in first five months
Cambodia exported 107,938 tons of dry rubber in the first five months of 2023, up 2.5 percent from the 105,248 tons recorded in the same period last year, said a report from the General Directorate of Rubber on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501312532/145-8-million-earned-by-cambodia-from-rubber-exports-of-108000-tonnes-in-first-five-months/
Contracts signed with farming families and rice production groups
A series of contracts have been implemented by 40 communities and six production groups, including a memorandum of understanding (MoU) with a microfinance institution to guarantee payment at harvest time to 2,236 farming families. ...
Meas Molika
https://kiripost.com/stories/contracts-signed-with-farming-families-and-rice-production-groups
IBIS organic rice project expanding
Keo Socheat, executive director of the Sansom Mlup Prey Organisation (SMP), said that more than 2,000 farming households are now planting organic paddy rice through the IBIS project. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/ibis-organic-rice-project-expanding
Battambang landfill is officially inaugurated to participate in the development of sanitation
Senior Minister Sun Chanthol, Minister of Public Works and Transport, presided over the handover and official inauguration ceremony of a large landfill in Battambang city of Urban Environment Management in the Tonle Sap Phase 2 Project under the Asian Development Bank (ADB) loan. ...
Khmer Times Staff
https://www.khmertimeskh.com/501259003/battambang-landfill-is-officially-inaugurated-to-participate-in-the-development-of-sanitation/
Japan to provide over $18 million to support irrigation and drainage project in Phnom Penh
The Government of Japan will extend JPY 2,482,000,000 (approximately $18,240,000) in loan to the Royal Government of Cambodia for an irrigation and drainage project in Phnom Penh, said a press release of the Ministry of Foreign Affairs and International Cooperation (MFAIC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501270082/japan-to-provide-over-18-million-to-support-irrigation-and-drainage-project-in-phnom-penh/
NBC closes 104 rural credit institutions
The Coalition of Cambodia Farmers Community said on Thursday that the recent shutdown of 104 rural credit institutions that provided loans to farmers will not affect their livelihoods, saying that past interest rates were high. ...
Meas Molika
https://kiripost.com/stories/cambodia-nbc-closes-104-rural-credit-institutions
PPAP’s jan-june revenue down 19%
Phnom Penh Autonomous Port (PPAP) saw a one percent year-on-year (YOY) uplift in revenue for the month of June, coming in at $3.6 million following a continued decline in the first five months of the year. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-jan-june-revenue-down-19
New investment law offers attractive incentives for agriculture
Cambodia’s Investment Law heralds new opportunities for investors, offering generous incentives and a focus on diversified sectors. Agriculture takes center stage with attractive tax reliefs and a vision for climate-smart practices. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-new-investment-law-offers-attractive-incentives-for-agriculture
Cambodia makes $187 million from rubber exports of nearly 140,000 tonnes in H1
Cambodia exported 139,220 tons of dry rubber in the first half of 2023, up 2.72 percent from 135,537 tons over the same period last year, said a report from the General Directorate of Rubber on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501332130/cambodia-makes-187-million-from-rubber-exports-of-nearly-140000-tonnes-in-h1/