Koh Pich-Koh Norea bridge 90 percent completed
The bridge connecting Koh Norea in Niroth commune, Chbar Ampov district to Koh Pich, located in Tonle Bassac commune, Chamkar district, Phnom Penh, is about 90 percent completed and is scheduled to be completed by the end of 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501303381/koh-pich-koh-norea-bridge-90-percent-completed/
IMF lowers growth forecast for Cambodia due to weak external demand
On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/
Domestic and Chinese investors lead $619 million investment boom in Cambodia
The Council for the Development of Cambodia (CDC) has given the green light to 21 new investment projects in November 2023. With a total investment capital of nearly $619 million, these projects can potentially create approximately 22,000 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404257/domestic-and-chinese-investors-lead-619-million-investment-boom-in-cambodia/
Forum connects enterprises in five Southeast Asian countries
The Thailand-Vietnam-Laos-Cambodia-Myanmar Business Forum 2023 took place from November 17-19 in Thailand’s UdonThani province, promoting connection among enterprises in the five countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501394870/forum-connects-enterprises-in-five-southeast-asian-countries/
Exports to India up over 57% in ‘23
Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23
US remains Cambodia’s biggest export destination
Cambodia exported $8,144 million to the US in the first eleven months of 2023, inching down 0.89 percent compared to the same period in 2022, a report from the Ministry of Commerce showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501416446/us-remains-cambodias-biggest-export-destination-2/
Cambodia makes $377.5 million from rice exports in first ten months
Cambodia had exported 529,924 tonnes of milled rice in the first 10 months of 2023, earning a total revenue of $377.5 million, the Cambodia Rice Federation said in a news release on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501389491/cambodia-makes-377-5-million-from-rice-exports-in-first-ten-months/
PM Hun Manet reaffirms Cambodia’s growth for this year is at 5.6 percent
Cambodia maintained its economic growth prediction at 5.6 percent in 2023 and raised it to 6.6 percent in 2024, the country’s Prime Minister Hun Manet said here on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397374/pm-hun-manet-reaffirms-cambodias-growth-for-this-year-is-at-5-6-percent/
Cambodia makes $3.9 bln from export of agri-products in 11 months
Cambodia earned a gross revenue of $3.9 billion from the export of agricultural products in the first 11 months of 2023, said a Ministry of Agriculture, Forestry and Fisheries (MAFF) report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402630/cambodia-makes-3-9-bln-from-export-of-agri-products-in-11-months/
Loan-to-deposit ratio normalising in 2024, say bankers
A number that might be of concern in Cambodia’s banking system is its loans versus deposits. For 2023, Cambodia’s banks total loans outstanding was $57.6 billion and total deposits $47.9 billion. ...
Rachel David
https://www.khmertimeskh.com/501505072/loan-to-deposit-ratio-normalising-in-2024-say-bankers/
Ministry registers over 11,000 new businesses
The Ministry of Commerce registered 11,506 new companies and enterprises in the January-November period of 2023, up 14.58 percent from 10,046 in the same period last year, a report of the Ministry of Commerce showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501414977/ministry-registers-over-11000-new-businesses/
Project to enhance the climate change resilience of smallholder farmers kicks off in Cambodia
A new project aimed at enhancing the climate change resilience of smallholder farmers and local communities by increasing their access to growing premium market segments was launched in Cambodia on 27 October 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501388198/project-to-enhance-the-climate-change-resilience-of-smallholder-farmers-kicks-off-in-cambodia/
Rising exports, global renown fuel rice sector
After experiencing positive growth in 2023, the Cambodian rice export market is expected to continue its upward trajectory in 2024. However, factors such as weather conditions and shipping costs may cause some disruptions. ...
Hin Pisei
https://www.phnompenhpost.com/business/rising-exports-global-renown-fuel-rice-sector
Sale of private license plates slump 11.9%
Revenue from the sale of special license plates decreased by about 11.9 percent to $16 million in 2023, with the Ministry of Public Works and Transport (MPWT) claiming it is a result of the global economic crisis. ...
Chhorn Raksmey
https://kiripost.com/stories/sale-of-private-license-plates-slump-119
Cambodia exports bicycles worth nearly $417 mln last year
Cambodia exported bicycles worth $416.7 million in 2023, a decrease of 53.6 percent from $899.7 million in a year earlier, said a General Department of Customs and Excise’s report on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501424449/cambodia-exports-bicycles-worth-nearly-417-mln-last-year/
Cambodia, France trade volume reaches $515M
Bilateral trade volume between the Kingdom and France reached $515.21 million last year, making Europe’s trade volume stand at $4.6 billion in 2023, said Prime Minister Hun Manet. ...
Nheng Chamrong
https://www.khmertimeskh.com/501424116/cambodia-france-trade-volume-reaches-515m/
Number of kindergartens and schools increasing
From 2013 to 2023, the number of kindergartens and schools increased from 14,852 to 18,830, which in the ten-year period was 3,978 more places of education nationwide. ...
Hang Punreay
https://www.khmertimeskh.com/501427196/number-of-kindergartens-and-schools-increasing/
Thai PM's Cambodia Visit May Restore Mutual Trust, Investment
PHNOM PENH–Cambodian analysts believe that the visit of Thai Prime Minister Yingluck Shinawatra to Cambodia on Thursday this week could restore mutual trust and trade and investment relations between the two countries. “From my point of view, the meeting of the two PMs will probably focus ...
http://news.xinhuanet.com/english2010/indepth/2011-09/14/c_131138587.htm
Mfone’s Licence Revoked; Staff Terminated
The Ministry of Post and Telecommunications has revoked the operating licence of bankrupt phone operator Mfone, which went out of business two months ago, while more than 1,000 employees had their jobs officially terminated yesterday. The revocation of the licence and the mass dismissal of the ...
http://www.cambodiadaily.com/business/mfones-license-revoked-staff-terminated-16474/
Lies, threats at dam site
Stung Treng province Commune chief Seak Mekong changes into uniform in his family’s small wooden home in Sesan district’s Srekor I village before leading reporters to a speedboat on the Sesan River and motioning them to climb aboard. Mekong, a 42-year-old Sam Rainsy Party official, says ...
http://www.phnompenhpost.com/2013040864946/National/lies-threats-at-dam-site.html
