Govt continues to assist poor families amid rising living costs
The Phnom Penh Department of Social Affairs confirmed there are 21,148 families in Phnom Penh who are in need of financial support due to rising costs and they will be interviewed to receive a subsidy from the government. ...
Tith Kongnov
https://www.khmertimeskh.com/501321905/govt-continues-to-assist-poor-families-amid-rising-living-costs/
SERC program allows creation of investor, trading accounts
The Securities and Exchange Commission of Cambodia (SERC) last week formally rolled out an online program simultaneously allowing interested individuals to open investor accounts with the government agency and set up trading accounts with the Cambodia Securities Exchange (CSX), according to CSX market operations director ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-program-allows-creation-investor-trading-accounts
SERC, CSX launch online trading account opening
Securities and Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX) signed an agreement yesterday introducing the API (Application programming interface) linkage for registering investor ID online and opening trading accounts online. ...
Chea Vanyuth
https://www.khmertimeskh.com/501381930/serc-csx-launch-online-trading-account-opening/
Cambodia’s exports to Indonesia jump 112 percent
Cambodia’s exports to Indonesia and India rose the most in the January to November 2023 period, by 111.7 percent and 55.1 percent respectively, compared to the same period in 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501415859/cambodias-exports-to-indonesia-jump-112-percent/
US lead purchaser of Cambodian goods in January
The US emerged as the leading buyer of Cambodian exports in the first month of 2024, with purchases nearing $630 million, approximately a third of the country’s total exports to the global market, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/us-lead-purchaser-of-cambodian-goods-in-january
Bilateral trade with Thailand nearly $342M
Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m
SERC to strengthen Cambodia’s derivatives market with IFC help
The Securities and Exchange Regulator of Cambodia (SERC) partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to bolster the development of Cambodia’s derivatives market. ...
Chea Vanyuth
https://www.khmertimeskh.com/501493215/serc-to-strengthen-cambodias-derivatives-market-with-ifc-help/
Import tax debate sparks furore in Tbong Khmum
Vendors in Tbong Khmum province’s Memot district are waiting for the return of hundreds of new and used mobile phones which were seized by local customs officials last week. ...
Niem Chheng
https://www.phnompenhpost.com/national/import-tax-debate-sparks-furore-in-tbong-khmum
Cambodia records trade surplus with Vietnam
Cambodia has recorded a trade surplus with Vietnam in the first five months of 2024, making Vietnam the second biggest market for Cambodia’s products after the US. ...
Chea Vanyuth
https://www.khmertimeskh.com/501505080/cambodia-records-trade-surplus-with-vietnam/
IMF trains Cambodian customs officers in investigation techniques
The International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...
Khmer Times Staff
https://www.khmertimeskh.com/501520510/imf-trains-cambodian-customs-officers-in-investigation-techniques/
World Bank: Growth at 7% for this year
Cambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/world-bank-growth-7-year
Kingdom’s economy to grow 5.4% in 2023
The Cambodian economy, which is projected to register a growth of 5 percent this year, is set to grow by 5.5 percent in 2023, according to the 2022 Annual Consultation Report on Cambodia published by the ASEAN+3 Macroeconomic Research office (AMRO) yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501206727/kingdoms-economy-to-grow-5-4-in-2023/
Battambang’s per capita income rises to $1,760 in five years
Battambang province, located in the northwest of the country, has developed a lot in the last five years. The province today has mines and economic zones with large factories and enterprises, according to a brief report on the Battambang Provincial Administration’s success in the past ...
Sok Sithika
https://www.khmertimeskh.com/501226407/battambangs-per-capita-income-rises-to-1760-in-five-years/
$16-million condo project in BKK1
Construction workers broke ground yesterday in Boeung Keng Kang I at the site of a $16 million dollar condominium project partially funded by Malaysia’s Chip Hock Realty and Development. This project gets off the ground as foreign investment in the Kingdom sees increased growth. ...
Chea Vannak
http://www.khmertimeskh.com/news/26065/-16-million-condo-project-in-bkk1/
Dream deferred in S’pore
As another Cambodian maid who travelled to Singapore under a pilot scheme between the two countries prepares to return home this week alleging labour rights abuses, recruitment agencies in Phnom Penh continue to look for more women to sign up for the overseas work. The ...
Phak Seangly and Alice Cuddy
http://www.phnompenhpost.com/national/dream-deferred-spore
Cambodia sees mixed bag for 2015
Cambodia expects the arrival of the ASEAN Community in 2015 to present challenges as well as opportunities for its people. Economic advisor to the Ministry of Foreign Affairs and International Cooperation Sok Siphanna believes that the ASEAN integrity will create more opportunity for Cambodia. “Cheap labor in ...
http://www.thejakartapost.com/news/2012/09/13/cambodia-sees-mixed-bag-2015.html
Forestry revenues falling short
Rights groups have called on the government to increase tax rates for logging companies amid the latest domestic revenue figures. According to the Ministry for Agriculture, Forestry and Fisheries, timber exports produced $9.4 million in government tax revenue during the first half of the year, up ...
Chan Muyhong
http://www.phnompenhpost.com/business/forestry-revenues-falling-short
Vietnam, Cambodia hold seventh political consultation
Deputy Minister of Foreign Affairs Nguyen Quoc Dung and Secretary of State of the Cambodian Ministry of Foreign Affairs and International Cooperation Soeung Rathchavy co-chaired the seventh Vietnam-Cambodia political consultation via videoconference on October 21 to discuss bilateral ties as well as regional and global ...
Khmer Times Staff
https://www.khmertimeskh.com/50956861/vietnam-cambodia-hold-seventh-political-consultation/
Laos looks to balance China’s growing economic influence
China’s growing influence in Laos, marked by expanded investment and trade, has led some international agencies to warn Laos about an unhealthy financial dependence on China. Analysts say Laos is looking to balance China’s influence by drawing support from longstanding backer Vietnam as well as ...
Ron Corben
http://bit.ly/1QyDHM5
Flooding closes 513 schools
Thousands of students were unable to attend classes yesterday after returning from holiday, as more than 500 schools remained closed due to flooding that has claimed 50 lives so far this year. According to a report released by the National Committee for Disaster Management, 513 schools ...
Sen David
http://www.phnompenhpost.com/national/flooding-closes-513-schools