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Central bank sells $130M over five September forex auctions

The National Bank of Cambodia held five currency auctions from September 2-21 and sold $130 million on the foreign exchange (forex) market, meant to stabilise the riel’s fluctuations against the greenback, shore up economic activity during the ongoing health crisis and power a faster economic ...

May Kunmakara
https://www.phnompenhpost.com/business/central-bank-sells-130m-over-five-september-forex-auctions

Industry prepares the ground for longan

Cambodian Xing Can Shi Pin Co Ltd has reportedly earmarked $11.2 million to set up a factory to process cashew nuts and produce dried mangoes, pineapples, jackfruits and longan, in Kampong Speu province’s northwesternmost Oral district, offering a ray of solace to the Kingdom’s beleaguered ...

Thou Vireak
https://www.phnompenhpost.com/business/industry-prepares-ground-longan

PM: Let kids use jab card copy

Prime Minister Hun Sen on November 2 suggested that the Ministry of Education, Youth and Sport along with the capital and provincial governors allow students to use copies of their Covid-19 vaccination cards instead of carrying the original ones with them to school in order ...

Mom Kunthear
https://www.phnompenhpost.com/national/pm-let-kids-use-jab-card-copy

Pfizer jabs arrive from Oz to boost frontliner safety

A total of 783,000 doses of Pfizer’s Covid-19 vaccines out of a promised 2.3 million doses from the Australian government arrived in Cambodia on the evening of December 26 and were received directly by Prime Minister Hun Sen at the Phnom Penh International Airport. ...

Mom Kunthear
https://www.phnompenhpost.com/national/pfizer-jabs-arrive-oz-boost-frontliner-safety

Huge swathes of land returned to state by evicted encroachers

Kampong Thom provincial authorities have determined that over 10,000ha of flooded forestland located in three different areas near the province’s Tonle Sap Lake shoreline have been illegally encroached upon, with more than 200 families having already returned in excess of 2,000ha of misappropriated land back ...

Long Kimmarita
https://www.phnompenhpost.com/national/huge-swathes-land-returned-state-evicted-encroachers

Petrol, diesel rates increased to 5,650, 5,550 riel: ministry

The retail prices of regular-grade petrol and diesel respectively increased by about 0.9 per cent and 2.8 per cent on June 1, according to a notice issued by the Ministry of Commerce. ...

Hom Phanet
https://www.phnompenhpost.com/business/petrol-diesel-rates-increased-5650-5550-riel-ministry

98% villages electrified but power used drops

The consumption of electricity in the country has dropped to just over 2,000 megawatts in the wake of the Covid-19 pandemic, causing a huge loss to the government. Cambodia has a capacity to supply about 3,800 megawatts. ...

Sok Sithika
https://www.khmertimeskh.com/501077941/98-villages-electrified-but-power-used-drops/

Jan-Mar Canada exports rise 8% as CCC eyes office launch

Cambodia netted $241.41 million from exports to Canada in the first quarter of 2022, marking an 8.1 per cent rise year-on-year from $223.23 million, and accounting for 98.2 per cent of bilateral trade over the period, according to Customs. ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-mar-canada-exports-rise-8-ccc-eyes-office-launch

ACU urged to probe Phnom Tamao land irregularities

Baitong Warriors, a local environment activist group, have submitted a letter to the Anti-Corruption Unit (ACU) seeking an investigation into alleged irregularities concerning more than 2,000ha of the Tamao Mountain forest reserve following news of a dairy farm’s relocation to the area. ...

Pann Rethea
https://www.phnompenhpost.com/national/acu-urged-probe-phnom-tamao-land-irregularities

GDT revenues benefit from post-Covid boost

The General Department of Taxation (GDT) announced that it collected 13.01693 trillion riel, or $3.21406 billion, of tax revenues in the first 11 months of 2022, equivalent to 113.99 per cent of the full-year target of $2.81955 billion, reflecting improvements in economic activity post-Covid-19. ...

May Kunmakara
https://www.phnompenhpost.com/business/gdt-revenues-benefit-post-covid-boost

A grade grads meeting PM

The Ministry of Education, Youth, and Sport said the more than 1,000 students who earned A grades in last year’s high school examinations are set for their February 2 meeting with Prime Minister Hun Sen. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/grade-grads-meeting-pm

Press release on rebroadcasting of Voice of Democracy (VOD)

On 19 September 2023, Voice of Democracy issued a press release on the rebroadcasting of Voice of Democracy. According to the press, VOD will rebroadcast its new program via its social media channels from Monday, October 2, 2023.  ...

Voice of Democracy (VOD)

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Only $54M of SME Bank’s $150M tourism loans taken

Loans worth $54.2 million were approved by state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) for 350 businesses under the Tourism Recovery Co-Financing Scheme (TRCS) as of August 31, 2023. ...

Hin Pisei
https://phnompenhpost.com/business/only-54m-sme-banks-150m-tourism-loans-taken

Women’s affairs ministry, PIC project works to empower girls

The Ministry of Women’s Affairs and Plan International Cambodia (PIC) expressed their joint commitment to empowering girls to make decisions about their own bodies and participate in the nation’s development through their joint project on leadership, with the expectation that by 2026 approximately 2.5 million ...

Long Kimmarita
https://www.phnompenhpost.com/national/womens-affairs-ministry-pic-project-works-empower-girls

Cambodia ‘95% self-sufficient’ for meat

In the past year, Cambodia has managed to supply itself with 95 per cent of the meat required for domestic demand, with the domestic and export markets worth a total of more than $2 billion in value, according to Minister of Agriculture, Forestry and Fisheries ...

Long Kimmarita
https://www.phnompenhpost.com/business/cambodia-95-self-sufficient-meat

Over 100,000 ha of Tonle Sap’s Zone 3 reallocated for farming

The Ministry of Land Management, Urban Planning and Construction, (MLMUPC) said that the provinces of Kampong Thom, Kampong Chhnang and Pursat have reallocated 100,000 hectares of flooded forestland in Tonle Sap lake’s Zone 3 and redesiginated as Zone 2, which could benefit nearly 30,000 families. ...

Tith Kognov
https://www.khmertimeskh.com/501242243/over-100000-ha-of-tonle-saps-zone-3-reallocated-for-farming/

Construction work begins on Mekong River bridge in Kratie

Prime Minister Hun Sen and Chinese ambassador Wang Wentian on January 2 broke ground for the construction of a new bridge which will span the Mekong River in Kratie province. The bridge is expected to bring “rapid economic development” to the people of Cambodia’s northeastern ...

Neang Sokunthea
https://www.phnompenhpost.com/national/construction-work-begins-mekong-river-bridge-kratie

Trade with Malaysia soars 23% to $620M in 2022

The merchandise trade volume between Cambodia and Malaysia totalled $620.373 million in 2022, rising by 23.33 per cent over a year earlier, with Cambodian exports accounting for a 18.03 per cent share, down by 2.11 percentage points on a yearly basis, according to the General ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-malaysia-soars-23-620m-2022

Cambodia earns $92m in rice exports in January

Milled rice exports of 36,900 tonnes, or $28.83 million in value, were recorded in January, the Cambodian Rice Federation (CRF) said, noting that 41 percent of that, or 15,045 tonnes worth $11.77 million, went to China and Hong Kong. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-earns-92m-in-rice-exports-in-january

Int’l tourism receipts rocket nearly eightfold to over $1.4B

International tourism receipts clocked in at $1.415 billion last year, marking a 7.690-fold increase over $184 million in 2021, albeit still a 71.2 per cent decrease from 2019’s record $4.919 billion, according to the Ministry of Tourism’s Tourism Indicators 2022 report. ...

https://www.phnompenhpost.com/business/intl-tourism-receipts-rocket-nearly-eightfold-over-14b

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