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Joblessness in Cambodia to stay around 2% in 2023

The unemployment rate in Cambodia is expected to reach 2 percent by the end of 2022, according to Trading Economics global macro models and analysts’ expectations. In 2023, Cambodia’s unemployment rate is projected to trend around 2 percent and 0.90 percent in 2024, according to ...

Khmer Times Staff
https://www.khmertimeskh.com/501169894/joblessness-in-cambodia-to-stay-around-2-in-2023/

GDT hopes to collect over 107% projected tax revenue for 2023

Tax revenue in 2023 is expected to achieve 107.5 per cent of the 2023 Law on Financial Management, though the projection is lower than the collection achievement last year. ...

Hin Pisei
https://www.phnompenhpost.com/business/gdt-hopes-collect-over-107-projected-tax-revenue-2023

GDT reminds vehicle owners to pay tax on means of transportation for 2023

The General Department of Taxation has reminded all vehicle owners who have not yet fulfilled their tax obligations to submit their tax returns by November 30, 2023, along with their ID cards, identification vehicles, and vehicle technical inspection certificates issued by the Ministry of Public ...

Khmer Times Staff
https://www.khmertimeskh.com/501362229/gdt-reminds-vehicle-owners-to-pay-tax-on-means-of-transportation-for-2023/

Draft 2023 financial law responds to post-pandemic economy

The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-draft-2023-financial-law-post-pandemic-economy

Ministry sees 4.5M tourists in 2023

Cambodia received more than 2.16 million international visitors during the first five months of the year, representing 75 per cent of numbers recorded in the same period of the pre-pandemic year of 2019. Minister of Tourism Thong Khon said the ministry hopes to see the ...

Van Socheata
https://www.phnompenhpost.com/business/ministry-sees-45m-tourists-2023

NBC’s Chanto: Kingdom’s growth will hit 6% in 2023

The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian Development Bank (ADB), World Bank (WB) and International Monetary Fund (IMF). ...

Rann Reuy
https://www.phnompenhpost.com/national/nbcs-chanto-kingdoms-growth-will-hit-6-2023

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/

Open Development Cambodia (ODC) updated an existing dataset on “Management zones of natural protected areas (2019-2023)”

Open Development Cambodia (ODC) updated an existing dataset on “Management zones of natural protected areas (2019-2023)” adding 02 new map features​ of Phnom Krang Dei Meas protected landscape in Kampong Chhnang province. The dataset​ shows​ the​ management​ zones​ of​ the​ natural​ protected​ areas​ in​ 4​ ...

Cambodia welcomes 5.4 million foreign tourists in 2023

Cambodia attracted some 5.43 million international tourists in 2023, a sharp increase of 139 percent from 2.27 million in 2022, the Ministry of Tourism pointed out in a report on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501426346/cambodia-welcomes-5-4-million-foreign-tourists-in-2023/

Vietnam, Cambodia strengthen defence economic partnership

The Vietnam-Cambodia Defence Economic Production Exhibition 2023 (VIDEX 2023) opened at the KohPich Exhibition and Convention Centre Phnom Penh, Cambodia on October 25. ...

Khmer Times Staff
https://www.khmertimeskh.com/501382712/vietnam-cambodia-strengthen-defence-economic-partnership/

Advancing Internet Governance in Cambodia: Highlights from IGF 2023

The ODC team is excited to share highlights from the Internet Governance Forum (IGF) 2023, where Open Development Cambodia’s team members (ODC), and advisory committee members of the Youth Internet Governance Forum Cambodia 2023 were in attendance. This significant event took place at Kyoto International ...

Strategic environmental assessment in Mekong countries

Open Development Cambodia (ODC) was thrilled to host a panel discussion on “Strategic environmental assessment (SEA) in Mekong countries” at the 42nd Annual Conference of the International Association for Impact Assessment: Resilience through impact assessment and Leadership on 10th May 2023 at Borneo Convention Centre ...

Ministry of Education announces funding for scientific research projects for 2023

The Ministry of Education, Youth, and Sports on Aug 7, issued a notification on funding for scientific research projects for 2023 in order to contribute to the promotion of research culture, inspire innovation, and promote innovation in response to the labour market and globalisation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501338993/ministry-of-education-announces-funding-for-scientific-research-projects-for-2023/

Factory demand soars in 2023, despite slower overall investment

Demand for industrial property in 2023 is rising compared to 2022, said Stephen Suen, long-time commercial and industrial property expert and co-owner-operator of Yi Fung Real Estate Services in Phnom Penh since 2015. ...

James Whitehead
https://www.khmertimeskh.com/501344749/factory-demand-soars-in-2023-despite-slower-overall-investment/

Looking forward: Cambodia unveils FinTech policy 2023-28

Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth unveiled Cambodia’s Financial Technology (fintech) Development Policy for 2023-2028, asserting its potential to harness the advantages of digital transformation in the financial sector and invigorate the country’s socio-economic landscape. ...

Hin Pisei
https://phnompenhpost.com/business/looking-forward-cambodia-unveils-fintech-policy-2023-28

Ministry, JICA cyber-security project to begin in 2023

The Ministry of Posts and Telecommunications and the Japan International Cooperation Agency (JICA) co-signed a memorandum of understanding (MoU) for a project to improve cyber resilience and further strengthen the Kingdom’s cyber-security. ...

Ry Sochan
https://www.phnompenhpost.com/national/ministry-jica-cyber-security-project-begin-2023

Cambodia may start building high speed rail as early as 2023

Construction on high-speed rails in the Kingdom could begin as soon as next year, with studies well underway on the conversion of existing railway and the creation of two new lines – one of which runs to the Vietnamese border – to optimally boost rail ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-may-start-building-high-speed-rail-early-2023

Notification on the water supply situation in the dry season of 2023

On 23 March 2023, Phnom Penh Water Supply Authority issued a notification on the water supply situation in the dry season of 2023.From the beginning of February and March 2023, Phnom Penh Water Supply Authority has received information about customer dissatisfaction related to water shortage, ...

Phnom Penh Water Supply Authority

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Economy to grow 5.5% in 2023, says NBC

Cambodia’s GDP is expected to grow by 5.5 percent with a low inflation rate of two percent in 2023, due to external factors and the re-opening of the economy. ...

Mao Sreypich
https://kiripost.com/stories/national-bank-cambodia-economy-to-grow-5-point-5-2023

Record farming exports seen for 2023

Cambodia’s agricultural exports surpassed 6.2 million tonnes during the first ten months of the year, amounting to more than $3.5 billion across 74 countries, according to the Ministry of Agriculture, Forestry and Fisheries. ...

Van Socheata
https://www.phnompenhpost.com/business/record-farming-exports-seen-for-2023

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