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Electrical machinery sales close to double as tech exports surge

Cambodia’s exports of electrical machinery, equipment and related products surpassed $2.4 billion in the first nine months of 2023, marking an increase of nearly double compared to the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-sales-close-double-tech-exports-surge

Construction approvals down, investment up

Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...

Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up

Battambang bounces back with surge in rice production

Cambodia generated revenue of $870 million from both rice and paddy exports of which 80 percent of the revenue was generated from paddy export while only 20 percent came from rice, a sum of 2.64 million tonnes in the first four months this year. ...

Nhean Chamrong
https://www.khmertimeskh.com/501489140/battambang-bounces-back-with-surge-in-rice-production/

Cambodia’s insurance industry sees slight growth in first 5 months of 2024

An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501511655/cambodias-insurance-industry-sees-slight-growth-in-first-5-months-of-2024/

Iron and steel imports up nearly 60 percent

According to the data released by the General Department of Customs and Excise (GDCE) earlier this month, iron and steel imports into the Kingdom increased by 59.2 percent during the first eight months of 2024 compared to the imports of these two core construction materials ...

James Whitehead
https://www.khmertimeskh.com/501564466/iron-and-steel-imports-up-nearly-60-percent/

FreshStart Energy seeks investment opportunities in Cambodia

In the afternoon of March 2, 2024, Prime Minister Hun Manet, received Mario Vecchio, Chief Executive Officer and President of FreshStart Energy, for a courtesy call and discussion on the occasion of the ASEAN-Australia Special Summit in Melbourne, Australia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501449392/freshstart-energy-seeks-investment-opportunities-in-cambodia/

Cambodia loses 31% of protected Areas’ trees in one decade

Cambodia lost 31 percent of tree cover from its wildlife sanctuary protected areas between 2001 and 2022, and more than 100,000 hectares (ha) in 2022, equivalent to 1.2 percent, according to a Citizens Engaged in Environmental Justice for All (CEEJA) report.  ...

Thang Sinorn
https://kiripost.com/stories/cambodia-loses-31-of-protected-areas-trees-in-one-decade

MISTI, LABS explore avenues to enhance factory safety standards in Cambodia

Hem Vanndy, Minister of Industry Science Technology & Innovation, on May 2, 2024 received representatives from Life and Building Safety (LABS), led by its Country Manager, Mr Emerald Am, to explore avenues for enhancing factory safety in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501483110/misti-labs-explore-avenues-to-enhance-factory-safety-standards-in-cambodia/

Data literacy

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Agricultural commodities, processing and products

Farmers harvest corn from their farms, Cambodia. Photo by World Bank/Chhor Sokunthea, taken on 17 July 2013. Licensed under CC BY-NC-ND 2.0Key agricultural commodities and products include rice, rubber, corn (maize), vegetables and fruit, and cassava (tapioca). More than 90 percent of Cambodia’s agricultural exports ...

Energy for transport

In Cambodia, petroleum is traditionally the main source of energy for transportation. The petroleum fuels used for transportation include gasoline, diesel, heavy fuel and fuel oil. ...

Socio-economic impact of COVID-19 on Cambodia

The first outbreak of COVID-19 was reported in China in late 2019 and on 30 January 2020 the World Health Organization (WHO) declared it as a Public Health Emergency of International Concern (PHEIC).43 The COVID-19 pandemic has affected the global economy and the growing crisis ...

Gemstone mining

There is no large-scale industrial mining of gems in Cambodia, and few full-time miners. Most people involved in looking for gemstones fit it around other work – typically farm work – and mostly do it without licenses. As with artisanal mining, miners are often very ...

Forest policy and administration

Logging truck in Mondulkiri protected forest , Cambodia. Photo by Global Water Forum, taken on 23 February 2014. Licensed under CC BY-NC-SA 2.0Cambodia is deeply concerned about deforestation. While the country seeks fast economic development, forests represent a tremendous national treasure. In order to help ...

Social development
https://www.flickr.com/photos/worldbank/8758052647/in/photolist-em25EC-em25kN-ekViVH-ekVjd6-ekVjng-em263q-em25sh-ekVj8H-em266E-ekViYD-ekVjhp-em25pq-em26a9-5cWAHN

A trained medical staff listens to the heartbeat of an infant at 16 Makara hospital in Preah Vihear, Cambodia. Photo by The World Bank, taken on 30 January 2013. Licensed under CC BY-NC-ND 2.0.Social development addresses profound social problems,176 especially poverty, unemployment and social exclusion, ...

Cambodia: A rising star with a falling reputation?

Cambodia’s reputation as a standard-bearer for apparel workers’ rights is wearing thin – and yet the country is a rising star when it comes to attracting foreign investment and increasing exports. There are many reasons to deter brands and retailers from sourcing clothing in Cambodia. The Kingdom ...

http://www.just-style.com/analysis/a-rising-star-with-a-falling-reputation_id117944.aspx

Moody's: Cambodia's rating constrained by narrow economic base, policy limitations

Global rating agency Moody’s Investors Service said Thursday that despite rapid growth, the small size and the narrow diversification of Cambodia’s economy constrained its B2 rating. The limited effectiveness of monetary policy due to a high rate of dollarization was also a rating constraint, the rating ...

Xinhua News Staff
http://www.china.org.cn/world/Off_the_Wire/2013-08/22/content_29799938.htm

Education to Receive 20% Boost in 2014 Budget

The Education Ministry on Monday said it was in line for a near 20 percent hike from the government’s $3.52 billion draft budget for 2014, approved by Prime Minister Hun Sen’s Cabinet on Friday, though other details of how money was to be allocated remained ...

Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/news/education-to-receive-20-boost-in-2014-budget-46127/

New fees, political crisis mean fewer businesses

The number of new businesses registering in Cambodia continued to plummet through the third quarter of this year amid tightened rules for start-ups and waning investor confidence following the still-unresolved national elections. Data from the Ministry of Commerce yesterday showed that 853 new businesses registered with ...

May Kunmakara
http://www.phnompenhpost.com/business/new-fees-political-crisis-mean-fewer-businesses

Three Mother Nature activists charged with incitement

The Phnom Penh Municipal Court charged three environmental activists with incitement to disturb social security on September 6, a move civil society groups have said is meant as a threat to others who dare to criticize the government. ...

Khoun Narim
https://cambojanews.com/three-mother-nature-activists-charged-with-incitement/

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