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WB sees Cambodia’s GDP shrinking one percent ahead of six percent rebound in 2021

The World Bank had forecasted that Cambodia’s economy would shrink 1.0 percent this year before rebounding 6.0 percent next year which was released in Washington yesterday. ...

AKP
https://www.khmertimeskh.com/50732401/wb-sees-cambodias-gdp-shrinking-one-percent-ahead-of-six-percent-rebound-in-2021/

Leasing Industry registers 63 percent surge in 2019

The Central Bank has reported that the total value in the leasing industry was recorded at  1,169 billion KHR ($287million), an increase of about  63 percent in 2019 compared with the year before. ...

Sok Chan
https://www.khmertimeskh.com/50718028/leasing-industry-registers-63-percent-surge-in-2019/

ADB revises its Asia growth rate

The Asia Development Bank has revised its growth expectations for the entire region down to 6.1 per cent for 2012 in an update to its annual development outlook released in April. This revision comes after the IMF increased GDP projections for Cambodia to up to 7 per ...

http://www.phnompenhpost.com/index.php/2012100559119/Business/adb-revises-its-asia-growth-rate.html

Svay Rieng province sees over 2300 workers return in 2020

The deputy provincial governor of Svay Rieng has said that as of July 1, 2,317 people, of which 863 were females and 99 children, returned to the province in 2020. ...

Khann Chanvirak
https://www.khmertimeskh.com/50742354/svay-rieng-province-sees-over-2300-workers-return-in-2020/

Kratie land disputes ‘resolved’

The Ministry of Land Management, Urban Planning and Construction said on Tuesday that it had completed handing out land concessions to 1,382 families in Kampong Damrei commune, in Kratie province’s Chhlong district. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/kratie-land-disputes-resolved

Kingdom receives aid for demining

The Chinese government on January 19 provided around $1 million worth of equipments for mine action in Cambodia. The aid came as Cambodia launched the National Mine Action Strategy 2018-2025.​ ...

Voun Dara
https://www.phnompenhpost.com/national/kingdom-receives-aid-demining

Cambodia’s exports to Vietnam up 443% in first three months

Cambodia exported $ 1.47 billion worth of products to Vietnam in the first quarter of 2021, a dramatic increase of 443% from the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50853469/cambodias-exports-to-vietnam-up-443-in-first-three-months/

Cambodia sets 2021 growth forecast at 2.5%

Cambodia drastically downgraded its economic forecast for 2021 to 2.5 per cent from the 4.1 per cent projection announced at the beginning of the year, due to the deteriorating Covid-19 situation. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-sets-2021-growth-forecast-25

NGO school calls for financial aid in these hard times

The Peoples Improvement Organization (PIO) has called for public donations to support more than 1,000 students studying full time from Kindergarten to Grade 12, amid the current financial crisis.​ ...

Mao Chanvireak
https://www.khmertimeskh.com/50922255/ngo-school-calls-for-financial-aid-in-these-hard-times/

Four agencies join Single Portal for new phase

The Ministry of Economy and Finance on September 1 is due to deploy Phase II of its online business registration platform, also known as the “Single Portal”, it said in a press release. ...

Thou Vireak
https://www.phnompenhpost.com/business/four-agencies-join-single-portal-new-phase

Referral hospitals to give free Covid jabs indefinitely

Ministry of Health spokeswoman Or Vandine has advised the governors of the capital and provinces to continue vaccinations for children and all unvaccinated people ages 6 and up at designated referral hospitals or health centres despite the first round of the official vaccination campaigns having ...

Mom Kunthear
https://www.phnompenhpost.com/national/referral-hospitals-give-free-covid-jabs-indefinitely

Indonesian Foreign Minister to pay an official visit on Tuesday

Ma Retno L.P. Marsudi, Minister for Foreign Affairs of the Republic of Indonesia, will pay an official visit to the Kingdom of Cambodia from Nov. 30 to Dec. 1, at the invitation of Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation. ...

Khmer Times Staff
https://www.khmertimeskh.com/50978385/indonesian-foreign-minister-to-pay-an-official-visit-on-tuesday/

China trade increases by 37% to pass $11B in 2021

The trade volume between Cambodia and China reached more than $11.1 billion last year, representing a 37.28 per cent year-on-year surge, the Chinese embassy in Phnom Penh reported, quoting figures from the Ministry of Commerce.   ...

Hom Phanet
https://www.phnompenhpost.com/business/china-trade-increases-37-pass-11b-2021

NA passes draft plant protection law 92-0

The National Assembly (NA) on April 1 unanimously passed a draft law on phytosanitation and the protection of plants at the seventh session of its sixth mandate.​ ...

Mom Kunthear
https://www.phnompenhpost.com/national/na-passes-draft-plant-protection-law-92-0

Kantha Bopha fundraiser nets $100K on first day

The “10,000 Riel 10,000 Donors” campaign to fund the quintet of Kantha Bopha’s Children’s Hospital raised around $100,000 in its first day, on June 1, according to the organiser. ...

Ry Sochan
https://www.phnompenhpost.com/national/kantha-bopha-fundraiser-nets-100k-first-day

Cambodia’s agricultural commodities target China as a key export destination

China is an increasingly important export destination for Cambodia’s agricultural commodities, thanks to the Cambodia-China Free Trade Agreement (CCFTA), which went into effect on January 1, 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/501200944/cambodias-agricultural-commodities-target-china-as-a-key-export-destination/

Borei Keila residents awarded property titles

The government has announced that it will provide land titles to around 1,200 families living in the eight buildings of the Borei Keila area in Veal Vong commune of the capital’s Prampi Makara district. ...

Post Staff
https://www.phnompenhpost.com/national/borei-keila-residents-awarded-property-titles

ASEAN Ministers say carbon neutrality can unlock $3.5 trillion in economic opportunities

Asean economic ministers have endorsed a carbon neutrality strategy aligning with Paris Agreement commitments and could unlock a $5.3 trillion ($1=RM4.64) economic opportunity. ...

Khmer Times Staff
https://www.khmertimeskh.com/501346296/asean-ministers-say-carbon-neutrality-can-unlock-3-5-trillion-in-economic-opportunities/

About 60,000 Cambodians have gained employment in the first eight months of 2023

According to a recent report issued by the Cambodian Ministry of Labor and Vocational Training 1,188 new enterprises have begun their operation in Cambodia, employing nearly 60,000 people. ...

Khmer Times Staff
https://www.khmertimeskh.com/501373979/about-60000-cambodians-have-gained-employment-in-the-first-eight-months-of-2023/

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