Cambodia’s FDI surges 11.2% to $41B in 2021
Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodias-fdi-surges-112-41b-2021
ACLEDA reports 20% less net profit in Q1
Mainboard-listed commercial bank ACLEDA Bank Plc’s net profit for the first quarter ended March 31 fell 20 per cent to $35.36 million from $44.10 million last year as a result of widening net impairment loss, interest expense, and general and administrative expenses. ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-reports-20-less-net-profit-q1
Villagers in Sna Sangkram village again urge authorities to expedite resolving land disputes
Representatives of more than 70 families in Sna Sangkram village, Balong commune, Prasat Bakong district, Siem Reap province, who have claimed that there was a land dispute with the Apsara National Authority again urged the authorities to expedite resolve the land disputes that have dragged ...
Cambodia-Japan trade passes $1.9B after Dec rebound
The bilateral merchandise trade volume between Cambodia and Japan totalled $1.948 billion in 2022, rising by 12.33 per cent over a year earlier, with Cambodian exports accounting for a 60.22 per cent share, down by 2.85 percentage points on a yearly basis, according to the ...
Hin Pisei |
https://www.phnompenhpost.com/business/cambodia-japan-trade-passes-19b-after-dec-rebound
Cambodia’s Hun Manet, new Thai PM pledge close co-op
On August 22, both Cambodia and Thailand welcomed new prime ministers, marking a unique coincidence. Former Prime Minister Hun Sen acknowledged this in a post to his official Telegram channel, highlighting the synchronicity of two constitutional monarchies ushering in new leadership on the same day. ...
Samban Chandara
https://www.phnompenhpost.com/national-politics/cambodias-hun-manet-new-thai-pm-pledge-close-co-op
Cambodian fisheries eye European market access
Shetty Thombathu, chief technical adviser to the UN Industrial Development Organisation (UNIDO), said the UN agency and the Fisheries Administration (FiA) under Cambodia’s Ministry of Agriculture, Forestry, and Fisheries are collaborating to ensure that the Kingdom’s fisheries products meet EU regulations and standards for access ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/cambodian-fisheries-eye-european-market-access
ADB pledges support for Kingdom’s finance sector
Minister of Economy and Finance Aun Pornmoniroth has announced that the Asian Development Bank (ADB) has committed to investing in projects related to climate change and private sector development. Those projects will focus on strengthening the financial sector over the next five years, in order ...
Van Socheata
https://www.phnompenhpost.com/national/adb-pledges-support-kingdoms-finance-sector
Jan-Aug Japan trade surges 17%
Bilateral trade between Cambodia and Japan in the first eight months of 2022 rose by more than one-sixth on-year, in a trend expected to carry into the foreseeable future, largely driven by agricultural exports from the Kingdom. Still, the business community is calling for greater ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-japan-trade-surges-17
Two million tourists to visit Cambodia in 2022
As Cambodia navigates a post-pandemic world, international tourist arrivals lag with 1.5m to 2m tourists predicted for 2022. This is estimated to rise to pre-Covid levels of 7m by 2026. ...
Prak Chan Thul
https://kiripost.com/stories/two-million-tourists-to-visit-cambodia-in-2022
Covid papers ‘not needed’ upon entry to Kingdom
Cambodia has apparently taken the final step towards full reopening of the country without Covid-19 restrictions by removing all requirements for inbound travellers, who until now had to show health certificates indicating that they have tested Covid-19 negative in the past 72 hours as well ...
Mom Kunthear
https://www.phnompenhpost.com/national/covid-papers-not-needed-upon-entry-kingdom
Gov’t to intervene informal economy affected by inflation, says PM
The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun Sen ...
Kang Sothear
https://www.khmertimeskh.com/501164008/govt-to-intervene-informal-economy-affected-by-inflation-says-pm/
Gov’t prepares to launch inflation relief programme
Prime Minister Hun Sen said that Cambodia is proud to have supported the poor and vulnerable with cash payments through the dark time of the Covid-19 pandemic. To date, the government has disbursed about $40 million a month to assist people affected by the virus. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/govt-prepares-launch-inflation-relief-programme
Trapaing Sangke community wins two ASEAN ecotourism awards
The Trapaing Sangke Community of Kampot province has received two awards from the ASEAN Community, the ASEAN Standard Tourism Community Award and the ASEAN Standard Tourism Community Guesthouse Award. ...
Tith Kongnov
https://www.khmertimeskh.com/501241630/trapaing-sangke-community-wins-two-asean-ecotourism-awards/
Ministry calls for better co-op with Preah Vihear rangers in sanctuaries
The Ministry of Environment and Preah Vihear Provincial Administration called on the authorities in villages and communes near the Phnom Tnaot-Phnom Pok Wildlife Sanctuary to increase their cooperation with forest rangers. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/ministry-calls-better-co-op-preah-vihear-rangers-sanctuaries
‘Kampot-Kep Salt’ GI association to be created ‘soon’
The process of establishing an association to represent and manage the “Kampot-Kep Salt” name once the commodity has been awarded domestic geographical indication (GI) status – expected late next month – is “progressing smoothly”, reported Bun Narin, the group’s acting president and number-one candidate for ...
Hin Pisei
https://www.phnompenhpost.com/business/kampot-kep-salt-gi-association-be-created-soon
IFC-backed logistics hub to boost connectivity, trade in Cambodia
Cambodia is set to have its first modern, world-class logistics complex as the International Finance Corporation (IFC) recently signed a new collaboration agreement with two of the region’s leading logistics companies. The financial institution feels the new partnership will deliver a major boost to infrastructure, ...
Khmer Times Staff
https://www.khmertimeskh.com/501241224/ifc-backed-logistics-hub-to-boost-connectivity-trade-in-cambodia/
ASEAN launches river project
The ASEAN integrated river basin management (IRBM) project was launched in Manila, Philippines, to develop practical and innovative ways for communities, industries and governments to work together to revitalise the rivers of Southeast Asia. ...
Ry Sochan
https://www.phnompenhpost.com/national/asean-launches-river-project
Siamese crocodile habitat discovered
A wild Siamese crocodile nest has been found in Cardamom Mountain area by Fauna & Flora’s Cambodian Crocodile Conservation Program team, working in collaboration with the Koh Kong provincial Department of Environment, Forestry Administration (FA), and local community. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/siamese-crocodile-habitat-discovered
Australia unveils plans to develop three agri-food industrial parks
Australia plans to support the Cambodian Government in developing an Agri-food Industrial Park (AIP) in three main provinces. This initiative is expected to benefit the Cambodian economy by generating $5.1 billion and creating 100,000 new jobs, with 50 percent of these opportunities going to women. ...
Meas Molika
https://kiripost.com/stories/australia-unveils-plans-to-develop-three-agri-food-industrial-parks-cambodia
Drug trafficking via Golden Triangle on the radar screen
A joint delegation comprising Cambodia, Thailand, Laos, Vietnam, and the UN recently undertook a five-day visit to the Thai-Lao-Cambodian border. Their objective was to assess the situation of drug trafficking and chemicals originating from the transboundary Golden Triangle which affect countries in the region. The ...
Ry Sochan
https://www.phnompenhpost.com/national/drug-trafficking-golden-triangle-radar-screen