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Insurance premiums rise to $81 million Q2

Despite the impact on incomes due to global economic uncertainties, the Kingdom’s insurance industry has performed well so far this year, with insurance premiums growing 6.3 per cent to $81.2 million in the second quarter of 2023 from $76.3 million in the corresponding period last ...

May Kunmakara
https://www.phnompenhpost.com/business/insurance-premiums-rise-81-million-q2

Cambodia rubber exports revenue at $228.5 M

Cambodia earned revenue of $228.5 million in rubber exports in the first seven months of this year, according to a report from the General Directorate of Rubber. ...

Adur Pradeep
https://www.khmertimeskh.com/501352545/cambodia-rubber-exports-revenue-at-228-5-m/

Kampong Speu cement factory to ‘cut imports, lift production’

A $258 million cement factory in Kampong Speu, approved by the Council for the Development of Cambodia (CDC) on August 24, is expected to raise the nation’s cement production capacity to more than 10 million tonnes per year. ...

Hin Pisei
https://www.phnompenhpost.com/business/kampong-speu-cement-factory-cut-imports-lift-production

CDC approves $34.6 million worth of investment projects

Six new investment projects with a total capital of $34.6 million have been approved by the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501361374/cdc-approves-34-6-million-worth-of-investment-projects/

FAO says Cambodian wholesale rice prices stable or higher last month

Wholesale rice prices in Cambodia were stable or rising last month despite surges in Thailand and Vietnam, the Food and Agricultural Organization of the United Nations (FAO) said Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501363731/fao-says-cambodian-wholesale-rice-prices-stable-or-higher-last-month/

Nationwide tech centres to boost digital learning

The Ministry of Post and Telecommunications has entered into a memorandum of understanding (MoU) with the Ministry of Education, Youth and Sport to set up community technology centres in state high schools nationwide, aiming to further advance digital education. ...

Chea Sokny
https://www.phnompenhpost.com/national/nationwide-tech-centres-boost-digital-learning

An electric substation development project approved by CDC

A project to develop a substation and a 230-kilovolt high-voltage electricity transmission line from Kampong Cham province to Kratie province has been approved by the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501357096/an-electric-substation-development-project-approved-by-cdc/

Three main water sources in Mondulkiri under rehabilitation and repair

The Ministry of Water Resources and Meteorology participates in the implementation of the Master Plan for Mondulkiri Tourism Development 2022-2035 and are rehabilitating three main water sources in the province.   ...

Khmer Times Staff
https://www.khmertimeskh.com/501106948/three-main-water-sources-in-mondulkiri-under-rehabilitation-and-repair/

Cambodia imports oil, gas products worth $2.84 billion in first 9 months

Cambodia imported oil and gas products worth $2.84 billion in the first nine months of 2022, up 66 percent from $1.71 billion in the same period last year, according to a report from the General Department of Customs and Excise on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501166331/cambodia-imports-oil-gas-products-worth-2-84-billion-in-first-9-months/

New agriculture minister approved

Dith Tina, a former secretary of state in the Energy Ministry, has been voted the Minister of Agriculture, Forestry, and Fisheries on Friday, receiving 111 votes from members of the National Assembly. ...

Mao Sreypich
https://kiripost.com/stories/new-agriculture-minister-appointed

$84.5​ million investment project approved to produce solar panels

The Council for the Development of Cambodia (CDC) has approved an investment project worth $84.5 million that will need about 1,000 workers to manufacture solar panels in an industrial zone in Kratie province, according to a release by the CDC. ...

Kang Sothear
https://www.khmertimeskh.com/501115792/84-5-million-investment-project-approved-to-produce-solar-panels/

Cambodia signs deal to export renewable energy to Singapore

Cambodia has inked a deal to explore the possibilities to export renewable energy to Singapore by 2028 as part of its long-term strategy to achieve carbon neutrality by 2050. ...

Prak Chan Thul
https://kiripost.com/stories/cambodia-signs-deal-to-export-renewable-energy-to-singapore

Cambodia attracts $3 billion investment in first half

Cambodia attracted a fixed-asset investment of almost $3 billion in the first half of this year, reflecting the firm confidence of investors in the Kingdom’s growth prospects. ...

Chea Vanyuth
https://www.khmertimeskh.com/501118473/cambodia-attracts-3-billion-investment-in-first-half/

Cambodia gets $3.3B in foreign investment

Cambodia received almost $3.3 billion for 123 foreign investment projects from January to August this year, according to data by the Council for the Development of Cambodia (CDC). ...

Chea Vanyuth
https://www.khmertimeskh.com/501146129/cambodia-gets-3-3b-in-foreign-investment/

Cambodia’s trade volume up 20 percent in first half of 2022

Cambodia’s total trade volume was valued at $27.2 billion in the first half of 2022, up 20 percent from 22.6 billion dollars over the same period last year, according to an official report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501111765/cambodias-trade-volume-up-20-percent-in-first-half-of-2022/

$17M tourism project in Kep province approved

The Council for the Development of Cambodia has approved a $17-million tourism development project in Kep province. ...

Chea Vanyuth
https://www.khmertimeskh.com/501162001/17m-tourism-project-in-kep-province-approved/

Local players represent 51% of key Jan-Sep investments

Cambodian investors accounted for more than half of the nearly $3.5-billion value of the projects approved by the Council for the Development of Cambodia (CDC) in the first nine months of this year. ...

Hin Pisei
https://www.phnompenhpost.com/business/local-players-represent-51-key-jan-sep-investments

Customs tax income up 12 percent in H1

The General Department of Customs and Excise earned $1,295 million in the January-June period of this year, up 12 percent compared to the same period last year, official report showed. ...

Khmer Times Staff
https://www.khmertimeskh.com/501126217/customs-tax-income-up-12-percent-in-h1/

Project launched to include at-risk farmers in social security scheme

A multi-party MoU has been signed to explore ways to extend Cambodia’s social security scheme to farmers who are at high risk from the vulnerabilities of climate change ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-project-launched-to-include-at-risk-farmers-in-social-security-scheme

Isuzu vehicle assembly plant inaugurated in K Speu

K (Cambodia) Co Ltd on March 29 officially inaugurated an Isuzu vehicle assembly plant in eastern Kampong Speu province, in response to growing demand and in a bid to expand the brand’s presence in Cambodia. ...

May Kunmakara
https://www.phnompenhpost.com/business/isuzu-vehicle-assembly-plant-inaugurated-k-speu

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