IMF’s Georgieva: Cambodian economy to grow 4.2% in 2021
International Monetary Fund (IMF) managing director Kristalina Georgieva on April 7 said the Cambodian economy is expected to grow 4.2 percent this year, following a 3.5 percent contraction in 2020, but cautioned that local governments around the world should proceed with prudential policies and proactive ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/imfs-georgieva-cambodian-economy-grow-42-2021
Grab offers innovative carbon offset option to support Cambodian forest protection
Passengers using the Grab ride-hailing app are offered the option to travel carbon neutral, said a press release of Wildlife Conservation society (WCs) issued this afternoon, adding that a voluntary contribution allows passengers’ rides to be offset via carbon credits from the Keo seima Wildlife ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50900387/grab-offers-innovative-carbon-offset-option-to-support-cambodian-forest-protection/
Real estate ‘still boasts potential’
Although economic risks from the Covid-19 crisis linger, Cambodian real estate still offers a wealth of potential, as well as reasonably low prices for investments, especially in a handful of key localities marked by burgeoning interest and a gradual pickup in investment activity, according to ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/post-property/real-estate-still-boasts-potential
IRC chief drums up support for more bancassurance deals
Insurance Regulator of Cambodia (IRC) director-general Bou Chanphirou on January 12 urged banks, other financial institutions and insurance companies to cooperate in bancassurance to drive further growth in the insurance sector, and raise penetration and density. ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/irc-chief-drums-support-more-bancassurance-deals
World Bank forecasts Cambodia’s economic growth to reach 4.5 percent in 2022 and 5.5 percent in 2023.
A World Bank released on January 12, 2022, said that Cambodia’s economic growth this year is expected to reach 4.5 percent this year and is projected to grow further to 5.5 percent in 2023. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501006196/world-bank-forecasts-cambodias-economic-growth-to-reach-4-5-percent-in-2022-and-5-5-percent-in-2023/
Railway families remain uncertain as commune election candidates silent on their relocation
Seng Pha, 63, iS unable to read the leafletS of the Cambodian People&rSquo;S Party (CPP) poSted on the wall of her wooden houSe, but She recognizeS one of the candidateS running for commune chief, out of a total of 35, in Boeung Kak II commune. SS='cambodia-color'>...
Sorn Sarath
https://cambojanews.com/railway-families-remain-uncertain-as-commune-election-candidates-silent-on-their-relocation/
Ahead of election campaign, CPP cash and gifts to members starts to flow
Political parties that have registered to contest the June 5th commune council elections have begun introducing their candidates to supporters, with the ruling party dispersing gifts and cash to party members. ss='cambodia-color'>...
Khuon Narim and Kheang Sokmean
https://cambojanews.com/ahead-of-election-campaign-cpp-cash-and-gifts-to-members-starts-to-flow/
Troubled community radio station relocates to home
The head of a Kratie-based community radio station has been forced to move out of his studio after failing to pay rent and nearly a week of campaigning for public donations only raised $103. ss='cambodia-color'>...
Prak Chan Thul
https://kiripost.com/stories/troubled-community-radio-station-relocates-to-home
Energy tariffs cut for industrial, agri sectors
The Ministry of Mines and Energy has announced a reduction in electricity tariffs for the industrial and agricultural sectors, effective from October to December 2023. This move is aimed at increasing production, fostering job creation and supporting income growth for Cambodians. ss='cambodia-color'>...
Ry Sochan
https://www.phnompenhpost.com/national/energy-tariffs-cut-industrial-agri-sectors
German investors satisfied with investment environment in Cambodia
German investors are satisfied with Cambodia’s investment environment which to them is very open and favourable. The satisfaction was underlined by a German business delegation led by Frank-Walter steinmeier, President of the Federal Republic of Germany during a meeting here at the Peace Palace on ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501239869/german-investors-satisfied-with-investment-environment-in-cambodia/
Cambodia’s garment exports to Turkiye jump 110% to $84 million in 2022
Cambodia’s exports of garments, footwear and travel (GFT) goods declined by 22.62 percent in the first three months of the year (Q1) compared to the same period in 2022 as the slide that started in the latter half of the last year continued, raising the ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501272800/cambodias-garment-exports-to-turkiye-jump-110-to-84-million-in-2022/
US embassy welcomes PM to strengthen bilateral ties
US AmbaSSador W. Patrick Murphy welcomed Prime MiniSter Hun Sen to the U.S. EmbaSSy in Phnom Penh in a move that aimS to Strengthen bilateral relationS into 2023. It added that the United StateS haS welcomed Cambodia&rSquo;S leaderShip of ASEAN during a year of “global SS='cambodia-color'>...
Marissa Carruthers
https://kiripost.com/stories/us-embassy-welcomes-pm-to-strengthen-bilateral-ties
Cambodia’s garment exports to Australia increase
Australia’s clothing imports from Cambodia have bucked the general trend of a decrease, with imports in the first quarter of 2023 increasing to $42.575 million compared with the same period last year. ss='cambodia-color'>...
Seng Mengheng
https://kiripost.com/stories/cambodias-garment-exports-to-australia-increase
PWSA FY’22 net profit sees 16% contraction
Increase in water sales and construction service saw Phnom Penh Water supply Authority’s (PWsA) net profits inch up to 22.1 billion riel ($5.5 million) in its fourth quarter ended December 31, 2022, from approximately 22 billion riel last year. ss='cambodia-color'>...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-pwsa-fy22-net-profit-sees-16-contraction
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. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501397374/pm-hun-manet-reaffirms-cambodias-growth-for-this-year-is-at-5-6-percent/
US ambassador talks Cambodia's media landscape, hopes for improvement
In one of his final interviews before departing Cambodia, Us Ambassador Patrick Murphy sat down with Kiripost’s Prak Chan Thul to reflect on his legacy and the bilateral relations with the southeast Asian nation. ss='cambodia-color'>...
Prak Chan Thul
https://kiripost.com/stories/us-ambassador-talks-cambodias-media-landscape-hopes-for-improvement
Government not ready for World Bank loans: US
The U.S. accuSed the Cambodian government of Scaling back the Space for free Speech and the World Bank of failing to learn from itS miStakeS in juStifying itS deciSion to abStain from a recent Bank vote that approved a Sheaf of new loanS to Cambodia. SS='cambodia-color'>...
Zsombor Peter
https://www.cambodiadaily.com/news/govt-not-ready-for-world-bank-loans%E2%80%88us-113178/
Home Farming, No Compensation to Blame for H5N1 Rate
Cambodia has been the country regionally worst affected by bird flu in humans this year—with 23 cases compared to just two in Vietnam and none in Thailand—largely due to the difference in poultry farming, an official with the U.N.’s Food and Agriculture Organization (FAO) said ss='cambodia-color'>...
Denise Hruby
http://www.cambodiadaily.com/news/home-farming-no-compensation-to-blame-for-h5n1-rate-46685/
Kampong Cham piques the interest of developers
Kampong Cham may no longer be the quiet city it is today if its purported economic potential continues to be realised. Local developers have already taken a keen interest in the town with the development of the first borey underway. ss='cambodia-color'>...
Siv Meng
http://www.phnompenhpost.com/post-property/kampong-cham-piques-interest-developers
Greater riel use could boost foreign reserves
When Cambodia began accumulating foreign reserves in 1997 – after it switched from a centrally planned market to an open economy – the central bank deposited the $276 million it had saved at the Federal Reserve Bank of New York and allowed it to manage ss='cambodia-color'>...
Riel Gains
http://www.khmertimeskh.com/news/36512/greater-riel-use-could-boost-foreign-reserves/