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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

National Bank of Cambodia’s deputy governor Chea Serey gives insights ion financial stability, green finance

The deputy governor of the National Bank of Cambodia has called for the world’s countries to do more to help developing nations mitigate the effects of climate change. On sidelines of this year’s Boao Forum, CGTN had an interview with the deputy governor, Madam Chea ...

Khmer Times Staff
https://www.khmertimeskh.com/501266301/national-bank-of-cambodias-deputy-governor-chea-serey-gives-insights-ion-financial-stability-green-finance/

CDC unveils 27 projects in Jan-Feb

The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-unveils-27-projects-jan-feb

New Pursat governor vows to continue using out-of-court solutions

Pursat is the first successive province in using out of court solutions, and the new governor, Khoy Rida has vowed to apply mediation to resolve cases for the people. ...

Chhun Sunly
https://www.khmertimeskh.com/501251768/new-pursat-governor-vows-to-continue-using-out-of-court-solutions/

Microfinance sector plays important role in economic development: NBC

The microfinance sector in Cambodia has been playing an important role in contributing to economic and social development, especially the reduction of poverty in rural areas, said a senior official at the National Bank of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501268058/microfinance-sector-plays-important-role-in-economic-development-nbc/

Cambodia’s imports of oil, gas, coal surge 7.8 percent in Q1

Cambodia’s imports of oil, gas and coal rose by 7.8 percent in the first quarter of 2023, said a report from the General Department of Customs and Excise on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501271456/cambodias-imports-of-oil-gas-coal-surge-7-8-percent-in-q1/

Exports fall 5.7% to $5.4 billion

Cambodia’s exports declined by 5.7 percent in the first quarter of 2023, with the value of goods exported standing at $5.4 billion compared with $5.8 billion in 2022, according to data released by the General Department of Customs and Excise. . ...

Seng Mengheng
https://kiripost.com/stories/cambodia-exports-fall-57-to-54-billion

General Department of Customs and Excise earns more than $564 million in Q1

The General Department of Customs and Excise (GDCE) has collected $564.1 million as custom income in the first three months of this year, a decline of 5.2 percent compared to the same period of 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/501273118/general-department-of-customs-and-excise-earns-more-than-564-million-in-q1/

CDC okays $103.3M in new projects

The Council for the Development of Cambodia (CDC) on April 17 announced that it approved five new investment projects with a cumulative capital commitment of $103.3 million, which are expected to generate a total of 1,168 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-1033m-new-projects

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