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
FDI inflow to Cambodia increases by 7.7 percent in 2022 despite global uncertainty
Cambodia attracted fixed-asset investment of $4.68 billion in 2022, up 7.5 percent from $4.35 billion in a year earlier, a Council for the Development of Cambodia’s report showed on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501215425/fdi-inflow-to-cambodia-increases-by-7-7-percent-in-2022-despite-global-uncertainty/
Credit guarantees to SMEs reach $113 million
The Credit Guarantee Corporation of Cambodia (CGCC) provided credit guarantees of $113.6 million to businesses as their working capital for expansion in the first quarter of this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501278434/credit-guarantees-to-smes-reach-113-million/
MoH urges more action to reduce maternal mortality rate
Ministry of Health urges the Cambodia Society of Gynecology and Obstetrics to provide more training to improve the level of skills for local doctors and reduce maternal mortality. ...
Hang Punreay
https://www.khmertimeskh.com/501304396/moh-urges-more-action-to-reduce-maternal-mortality-rate/
Cambodia seeks partners for planned Mondulkiri airport
Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-seeks-partners-planned-mondulkiri-airport
$145.8 million earned by Cambodia from rubber exports of 108,000 tonnes in first five months
Cambodia exported 107,938 tons of dry rubber in the first five months of 2023, up 2.5 percent from the 105,248 tons recorded in the same period last year, said a report from the General Directorate of Rubber on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501312532/145-8-million-earned-by-cambodia-from-rubber-exports-of-108000-tonnes-in-first-five-months/
Tax income collection accounts for 44% of yearly plan as of April
The General Department of Taxation (GDT) at the Ministry of Economy and Finance collected almost $ 1.6 billion as tax income in the first four months of this year, accounting for 44 percent of the yearly target. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293298/tax-income-collection-accounts-for-44-of-yearly-plan-as-of-april/
Rubber exports edge up even as prices drop
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- Agriculture / Exports / Rubber / Trade
Cambodia netted $79.370 million from the export of natural rubber latex and wood in the first two months of 2023, marking a slight increase year-on-year, even amid a decline in prices on international markets for the locally-produced white sap, according to the Ministry of Agriculture, ...
Hin Pisei
https://www.phnompenhpost.com/business/rubber-exports-edge-even-prices-drop
Warning issued over digital security
The National Bank of Cambodia (NBC) on Wednesday asked the public to keep their personal information secure after a number of attempts to defraud people of their money on Telegram, Facebook, TikTok and by telephone. ...
Yatt Malai
https://kiripost.com/stories/cambodia-warning-issued-over-digital-security
Foreign ministry official meets with OIF delegate
Senior officials from the Ministry of Foreign Affairs and International Cooperation and the Organisation Internationale de la Francophonie (OIF) for Asia-Pacific met for talks on regional issues and the development of human rights and democracy in Cambodia. ...
Post Staff
https://www.phnompenhpost.com/national/foreign-ministry-official-meets-oif-delegate
Cambodia operates 494 flights a week
Cambodia received and operated 494 flights per week at its three airports in the first three months of this year, according to the preliminary data from the State Secretariat of Civil Aviation (SSCA)—Cambodia’s regulatory and development agency for civil aviation activity and infrastructure. ...
Kang Sothear
https://www.khmertimeskh.com/501271800/cambodia-operates-494-flights-a-week/
SSCA eyes 300 weekly China flights
Cambodia and China appear to be pressing ahead with plans to raise the number of direct commercial flights between them to at least 300 per week, which private sector operators envisage will underpin strong growth in tourist flows from the Asian economic powerhouse. ...
May Kunmakara
https://www.phnompenhpost.com/business/ssca-eyes-300-weekly-china-flights
Cambodia collects $300 million as tax income in January 2023
The General Department of Taxation (GDT) of the Ministry of Economy and Finance collected some $300 million as tax income in the first month of 2023, up 4.29 percent compared to that of December 2022. ...
Khmer Times Staff
https://www.khmertimeskh.com/501240951/cambodia-collects-300-million-as-tax-income-in-january-2023/
3,748 new factories opened last year
Some 3,748 new factories were opened last year providing jobs for 147,000 workers but 59,000 others were left unemployed when 491 factories closed down. ...
Tith Kongnov
https://www.khmertimeskh.com/501247843/3748-new-factories-opened-last-year/
Press release – prakas on credit risk for capital adequacy ratios in deposit-taking banks and financial institutions of national bank of cambodia
On 03 July 2023, the Credit Guarantee Corporation of Cambodia has posted a press release on prakas on credit risk for capital adequacy ratios in deposit-taking banks and financial institutions of national bank of cambodia on their official website.According to the press release, the purpose ...
Credit Guarantee Corporation of Cambodia
Cambodian-Chinese Cultural Industry inks pact to promote Khmer Culture
The Ministry of Culture and Fine Arts has signed a Memorandum of Understanding with the Cambodia-China Cultural and Tourism Industry Promotion Association to promote Cambodian arts and culture. ...
