Vietnam, Cambodia strengthen defence economic partnership
The Vietnam-Cambodia Defence Economic Production Exhibition 2023 (VIDEX 2023) opened at the KohPich Exhibition and Convention Centre Phnom Penh, Cambodia on October 25. ...
Khmer Times Staff
https://www.khmertimeskh.com/501382712/vietnam-cambodia-strengthen-defence-economic-partnership/
Ministry of Education announces funding for scientific research projects for 2023
The Ministry of Education, Youth, and Sports on Aug 7, issued a notification on funding for scientific research projects for 2023 in order to contribute to the promotion of research culture, inspire innovation, and promote innovation in response to the labour market and globalisation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501338993/ministry-of-education-announces-funding-for-scientific-research-projects-for-2023/
Factory demand soars in 2023, despite slower overall investment
Demand for industrial property in 2023 is rising compared to 2022, said Stephen Suen, long-time commercial and industrial property expert and co-owner-operator of Yi Fung Real Estate Services in Phnom Penh since 2015. ...
James Whitehead
https://www.khmertimeskh.com/501344749/factory-demand-soars-in-2023-despite-slower-overall-investment/
Looking forward: Cambodia unveils FinTech policy 2023-28
Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth unveiled Cambodia’s Financial Technology (fintech) Development Policy for 2023-2028, asserting its potential to harness the advantages of digital transformation in the financial sector and invigorate the country’s socio-economic landscape. ...
Hin Pisei
https://phnompenhpost.com/business/looking-forward-cambodia-unveils-fintech-policy-2023-28
Ministry, JICA cyber-security project to begin in 2023
The Ministry of Posts and Telecommunications and the Japan International Cooperation Agency (JICA) co-signed a memorandum of understanding (MoU) for a project to improve cyber resilience and further strengthen the Kingdom’s cyber-security. ...
Ry Sochan
https://www.phnompenhpost.com/national/ministry-jica-cyber-security-project-begin-2023
Cambodia may start building high speed rail as early as 2023
Construction on high-speed rails in the Kingdom could begin as soon as next year, with studies well underway on the conversion of existing railway and the creation of two new lines – one of which runs to the Vietnamese border – to optimally boost rail ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-may-start-building-high-speed-rail-early-2023
Economy to grow 5.5% in 2023, says NBC
Cambodia’s GDP is expected to grow by 5.5 percent with a low inflation rate of two percent in 2023, due to external factors and the re-opening of the economy. ...
Mao Sreypich
https://kiripost.com/stories/national-bank-cambodia-economy-to-grow-5-point-5-2023
Record farming exports seen for 2023
Cambodia’s agricultural exports surpassed 6.2 million tonnes during the first ten months of the year, amounting to more than $3.5 billion across 74 countries, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Van Socheata
https://www.phnompenhpost.com/business/record-farming-exports-seen-for-2023
CDC okays projects valued $5b in 2023
Up to $4.9 billion of total investment capital for 268 investment projects have been approved by the Council for the Development of Cambodia (CDC) in 2023, with some 307,000 jobs created, according to its statement on Wednesday. ...
Thang Sinorn
https://kiripost.com/stories/cdc-okays-projects-valued-5b-in-2023
Cambodia promotes water action by all for World Food Day 2023
Cambodia joined countries across the globe to promote water action as part of the country’s 2023 World Food Day commemoration, which took place in Kouloab commune, Chet Borei district in Kratie province. The commemoration event was held under the global theme, Water is Life, Water ...
Khmer Times Staff
https://www.khmertimeskh.com/501380934/cambodia-promotes-water-action-by-all-for-world-food-day-2023/
Real estate momentum slow at 0.5 percent growth in 2023
Real estate growth has marginally improved year-over-year. But the momentum of growth is still slow with 2023 seeing the real estate sector grow 0.5 percent, compared to 0.2 percent in 2022. ...
Rachel David
https://www.khmertimeskh.com/501446564/real-estate-momentum-slow-at-0-5-percent-growth-in-2023/
Cambodia’s foreign reserves rise to $20 bln in 2023
Cambodia’s international reserves increased to $20 billion in 2023, representing a year-on-year rise of 12.3 percent, the central bank said on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501429536/cambodias-foreign-reserves-rise-to-20-bln-in-2023/
Cambodia exports rubber worth $490.6 million in 2023
Cambodia exported 368,048 tonnes of dry rubber in 2023, a slight decrease of 1.3 percent from 372,903 tonnes in a year earlier, said a report from the General Directorate of Rubber on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501425159/cambodia-exports-rubber-worth-490-6-million-in-2023/
Cambodia’s tourism earns $3.04 billion revenue in 2023
Cambodia’s tourism earned gross revenue of $3.04 billion in 2023, up 115 percent from $1.41 billion in a year earlier, according to a Ministry of Tourisms report released on February 12, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501439009/cambodias-tourism-earns-3-04-billion-revenue-in-2023/
Indonesia’s Trade and Tourism Fair to kick off in Phnom Penh this week
The Embassy of the Republic of Indonesia in Phnom Penh will organise the 14th Indonesian Trade and Tourism Promotion (ITTP 2023) here at Koh Pich Convention and Exhibition Centreon Aug. 4-6, 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501335612/indonesias-trade-and-tourism-fair-to-kick-off-in-phnom-penh-this-week/
Plans to boost agricultural exports and increase rice prices in 2023
The Ministry of Agriculture’s strategy to boost exports, particularly farmers’ rice costs, will be strengthened in 2023. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-plans-to-boost-agricultural-exports-and-increase-rice-prices-in-2023
Int’l trade rises as commerce ministry lays out 2023 plans
Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-rises-commerce-ministry-lays-out-2023-plans
NEC: 2023 voter registration to kick off in October
The registration of voters for the year 2023 will take place from Oct. 1 to 19 at the communes/Sangkat across the country, announced the National Election Committee (NEC) in a meeting with stakeholders held at the NEC’s headquarters in Phnom Penh this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359279/nec-2023-voter-registration-to-kick-off-in-october/
GDT’s tax collection target for 2023 up by $750M
The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...
Manoj Mathew
https://www.khmertimeskh.com/501175487/gdts-tax-collection-target-for-2023-up-by-750m/
Cambodia expects tourism generating $4B in 2023
With the expectation of attracting around 4 million international and 15 million domestic tourists this year, Cambodia expects the tourism sector to generate about $4 billion. ...
Chea Vanyuth
https://www.khmertimeskh.com/501220676/cambodia-expects-tourism-generating-4b-in-2023/