National Strategy for Informal Economic Development to achieve three goals at once
The launch of the National Strategy for Informal Economic Development 2023-2028 will achieve three goalS at the Same time, i.e. alleviating poverty and Social inequality, Strengthening Social and economic reSilience, and booSting economic growth. SS='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501374642/national-strategy-for-informal-economic-development-to-achieve-three-goals-at-once/
Pepper exports decline 30% Jan-Aug
Cambodia has experienced a 30 per cent decline in pepper exports in the first eight months of 2023, exporting over 5,000 tonnes, compared to the same period in 2022, according to the Ministry of Agriculture, Forestry and Fisheries. ss='cambodia-color'>...
Van Socheata
https://www.phnompenhpost.com/national/pepper-exports-decline-30-jan-aug
Nearly $1B concessional loans disbursed in H1
The government has disbursed $913.8 million concessional loans in the first half of 2023, which is an increase of 11 per cent compared to the same period in 2022, the Ministry of Economy and Finance announced. ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/nearly-1b-concessional-loans-disbursed-h1
Ministry of Tourism introduces six points to improve the quality of tourism products on the occasion of Pchum Ben
The Ministry of Tourism has introduced six points to the Capital-Provincial Department of Tourism to improve the quality of tourism products on the occasion of the traditional Pchum Ben festival on October 13-14-15, 2023. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501356703/ministry-of-tourism-introduces-six-points-to-improve-the-quality-of-tourism-products-on-the-occasion-of-pchum-ben/
Cambodia earns $278.6 million from milled rice export in January-August
Cambodia exported 401,699 tonnes of milled rice in the first eight months of 2023, earning a total revenue of $278.6 million, the Cambodia Rice Federation (CRF) said in a news release on saturday. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501357757/cambodia-earns-278-6-million-from-milled-rice-export-in-january-august/
Cashew exports to Vietnam decline 16%, says CAC
Cambodia exported 607,000 tonnes of Raw Cashew Nuts (RCN) to Vietnam in the first eight months of 2023 earning $820 million, a decrease of 15.8 percent compared to the same period last year. ss='cambodia-color'>...
Nheng Chamrong
https://www.khmertimeskh.com/501361913/cashew-exports-to-vietnam-decline-16-says-cac/
2027 extension for ‘Better Factories’ inspection regime
The government and the US-baSed International Labour OrganiSation (ILO) have agreed to continue their cooperation and renew their MOU that will extend the “Better FactorieS Cambodia” (BFC) 2023-2027 programme. SS='cambodia-color'>...
Lay Samean
https://www.phnompenhpost.com/national/2027-extension-better-factories-inspection-regime
National Assembly approves $43M budget
The Standing Committee of the National ASSembly (NA) on September 19 approved the NA budget for 2023 of 171 billion riel ($43 million). SS='cambodia-color'>...
Lay Samean
https://www.phnompenhpost.com/national/national-assembly-approves-43m-budget
Social Protection Week meeting aims to strengthen transparency
Minister of Economy and Finance Aun Pornmoniroth urged all stakeholders to work together to support an effective social protection system, as the finance ministry celebrated social Protection Week 2023 (sPW) in Phnom Penh this week. ss='cambodia-color'>...
Long Kimmarita
https://www.phnompenhpost.com/national/social-protection-week-meeting-aims-strengthen-transparency
Cambodia-China trade at $1.7B in first two months
The trade volume between Cambodia and China reached $1.7 billion in the first two months of 2023, down 15.6 percent year-on-year, according to a report from the General Department of Customs and Excise. ss='cambodia-color'>...
Chea Vanyuth
https://www.khmertimeskh.com/501255082/cambodia-china-trade-at-1-7b-in-first-two-months/
PPAP posts over $8 million in revenue in Q1, a decrease of 13 percent
Publicly-listed river port operator, Phnom Penh Autonomous Port (PPAP), reported a revenue of some Us $8.23 million during the first three months of 2023, a year-on-year decrease of 13 percent. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501277374/ppap-posts-over-8-million-in-revenue-in-q1-a-decrease-of-13-percent/
ASEAN discusses maritime protection
The Indonesian Maritime security Agency (Bakamla) chaired the 2023 AsEAN Coast Guard Forum in Jakarta from June 6-9 to discuss cooperation in protecting waters from various threats, including illegal fishing. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501305974/asean-discusses-maritime-protection/
Draft intellectual property policy set for Cabinet
This year has seen the National Committee for Intellectual Property Rights (NCIPR) finalise a significant draft IP policy 2023-28 for submission to the Council of Ministers, as stated by minister and NCIPR chairman Pan sorasak. ss='cambodia-color'>...
Sok Raksa
https://www.phnompenhpost.com/business/draft-intellectual-property-policy-set-cabinet
Spike in dengue fever cases
Cambodia recorded a record number of dengue fever cases in the first nine months of 2023, reaching 21,568. This marks a huge 184 percent hike from the same period last year, with the population urged to take precautions. ss='cambodia-color'>...
Marissa Carruthers
https://kiripost.com/stories/spike-in-dengue-fever-cases
Firm to boost live shrimp exports to China in ’24
A Local firm is planning to increase its export of live mantis shrimp to the Chinese market this year, after several shipments proved to be a commercial success in the Chinese market in 2023. ss='cambodia-color'>...
Van Socheata
https://www.phnompenhpost.com/business/firm-to-boost-live-shrimp-exports-to-china-in-24
NBC reports 44% surge in electronic riel transactions
National Bank of Cambodia (NBC) governor Chea Serey announced an increaSe in electronic tranSactionS and paymentS in Cambodian riel for 2023, noting that they were 44% higher than in 2022. SS='cambodia-color'>...
Van Socheata
https://www.phnompenhpost.com/national/nbc-reports-44-surge-in-electronic-riel-transactions
Jewellery exports hit $851M in ‘23; exhibition upcoming
Cambodia garnered over $851 million from the export of jewellery and precious stones to the international market in 2023, represents a surge of 261% increase compared to 2022, as per the Ministry of Commerce. ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/jewellery-exports-hit-851m-in-23-exhibition-upcoming
National summit on influences of forestry and land regulations on local communities and comprehensive EIA process
Open Development Cambodia (ODC) organized a national summit on “Influences of Forestry and Land Regulations on Local Communities and Comprehensive EIA Process” on 25 May 2023 with a total of 43 (13 females) representatives from the Ministry of Rural Development (MRD), CsOs, EIA firm, journalists, ss='cambodia-color'>...
Hun Sen says water levels may cause power cuts in capital
Speaking at the official launch of the National Strategic Development Plan 2019-2023 in Phnom Penh, Mr Hun Sen Said StepS to increaSe the power Supply are ongoing and apologiSed for any inconvenience cauSed if blackoutS do occur. SS='cambodia-color'>...
Khmer Times staff
https://www.khmertimeskh.com/658075/hun-sen-says-water-levels-may-cause-power-cuts-in-capital/
Fiscal revenue growth revised down
The Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation strategy 2019-2023. ss='cambodia-color'>...
Harrison White
https://www.khmertimeskh.com/50777271/fiscal-revenue-growth-revised-down/