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Cambodia eyes direct Australian flights to boost tourism

Cambodia urged the cooperation of Australia to start direct flights between both countries to attract more tourists, investors, students and travellers. ...

Adur Pradeep
https://www.khmertimeskh.com/501265405/cambodia-eyes-direct-australian-flights-to-boost-tourism/

Cambodia Airways launches Phnom Penh-Beijing direct flight

Cambodia Airways has launched its first direct flight between Phnom Penh and Beijing, aiming to meet rising travel demand between the two destinations, the airline operator said in a press release on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501264238/cambodia-airways-launches-phnom-penh-beijing-direct-flight/

Direct India flights to Cambodia likely in April

Direct flight from India to Cambodia is expected this year as both sides are finalizing legal procedures for air connectivity, paving the cooperation on trade and investment. ...

Chea Vanyuth
https://www.khmertimeskh.com/501446576/direct-india-flights-to-cambodia-likely-in-april/

Lao Airlines resumes Phnom Penh flight

Lao Airlines, the national airline of Laos, yesterday, resumed the operation of direct flights between Vientiane and Phnom Penh, offering a three-times-a-week service, scheduled every Tuesday, Thursday and Saturday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501458786/lao-airlines-resumes-phnom-penh-flight/

Directive to mobile operators

The Telecom Regulator of Cambodia yesterday issued a directive to mobile operators to ensure they are transparent with automatic fees charged to customers after a spike in complaints.   ...

May Kunmakara
http://www.khmertimeskh.com/news/39840/directive-to-mobile-operators/

Slowdown in GDP growth projected for 2019

The World Bank on Thursday forecast a slight dip in the country’s economic growth rate by 2019 amid declining foreign investment, rising inflation and a slowdown in the expansion of garments manufacturing, and advised improvements to infrastructure and training to keep the economy on its ...

Matt Surrusco
https://www.cambodiadaily.com/news/slowdown-in-gdp-growth-projected-for-2019-128024/

Police demolish shelters of Kratie families for second time

Police in Kratie province on Wednesday demolished the makeshift tents of about 300 families accused of squatting on public land inside a conservation area, two weeks after they forced many of the same families out of the area. Some of the families say they have lived ...

Aun Pheap
http://www.cambodiadaily.com/news/police-demolish-shelters-of-kratie-families-for-second-time-53291/

Industry leaders continue to call for further economic support

Business advocates are continuing to call on the Cambodian government to further support the local economy during and after the COVID-19 pandemic – through the implementation of collateral-free working loans and new policies to encourage more foreign direct investment in the Kingdom. ...

Harrison White
https://www.khmertimeskh.com/50726929/industry-leaders-continue-to-call-for-further-economic-support/

Real estate boosted last year but likely to suffer this year

The inflow of foreign direct investment (FDI) into the real estate sector in Cambodia was estimated at more than $437.3 million in 2019, according to data from the just-issued National Bank of Cambodia’s (NBC) Annual Banking Supervision Report 2019. ...

Sok Chan
https://www.khmertimeskh.com/50718100/real-estate-boosted-last-year-but-likely-to-suffer-this-year/

Cambodia, China renew pledge for $10B in trade value by 2023

Cambodia and China are committed to increasing bilateral trade to $10 billion by 2023, from $8 billion last year, according to a senior official at the Cambodian Ministry of Commerce. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-china-renew-pledge-10b-trade-value-2023

Non-gold goods trade tops $36B in Jan-Nov

Cambodia’s global non-gold trade exceeded $36 billion in the first 11 months of 2021, rising by more than 24 per cent year-on-year, according to Ministry of Economy and Finance data. ...

Hin Pisei
https://www.phnompenhpost.com/business/non-gold-goods-trade-tops-36b-jan-nov

ASEAN-India trade up 23.4% at $113 billion in 2022

The two-way trade between ASEAN and India reached $113 billion in 2022, a year-on-year increase of 23.4 per cent, according to the preliminary ASEAN statistics. ...

Khmer Times Staff
https://www.khmertimeskh.com/501346715/asean-india-trade-up-23-4-at-113-billion-in-2022/

Global Forum on Modern Direct Democracy: Democracy in Switzerland and the use of technology to improve citizen participation

2023 Global Forum on Modern Direct Democracy. Photo by Ricardo Rivera, taken on 05 April 2023. Licensed under CC BY-SA 2.0.Open Development Cambodia’s team attended the 2022 Global Forum on Modern Direct Democracy in Lucerne, Switzerland. The Forum is world’s largest gathering devoted to participatory ...

Investment in financial sector falls 28.7%

Investment in the financial sector declined by 28.7 percent in 2023, despite an increase in foreign direct investment (FDI) of 14.5 percent, according to the National Bank of Cambodia’s (NBC) 2023 annual report. ...

Mao Sreypich
https://kiripost.com/stories/investment-in-financial-sector-falls-287

PM invites Chinese investors to put​ money into infra sector

Prime Minister Hun Manet has invited Chinese investors to invest in infrastructure projects in Cambodia as the government sees this as key to the country’s socio-economic development. ...

Chea Vanyuth
https://www.khmertimeskh.com/501442510/pm-invites-chinese-investors-to-put-money-into-infra-sector/

Activists ignore summonses

Authorities in Koh Kong province’s Botum Sakor district said yesterday they will take legal action against three environmental activists summonsed on Friday over their refusal to answer questions about their supposed involvement in a protest against Vietnamese corporations involved in sand dredging. ...

Pech Sotheary
http://www.phnompenhpost.com/national/activists-ignore-summonses

China remains top in Kingdom’s FDI last year

China’s foreign direct investment was on the rise in Cambodia last year despite Covid-19, showing positive confidence of investors in Cambodia as the country fully resumed its socio-economic activities, particularly the bilateral trade pact. ...

Chea Vanyuth
https://www.khmertimeskh.com/501068035/china-remains-top-in-kingdoms-fdi-last-year/

Turkmenistan mulls direct flights to Cambodia

Turkmenistan to become the first country to connect direct flights with Cambodia among the Central Asian countries, a press release of the Ministry of Tourism (MoT) said. ...

Nhean Chamrong
https://www.khmertimeskh.com/501343430/turkmenistan-mulls-direct-flights-to-cambodia/

Stimulating FDI to strengthen Cambodia’s economy

Despites the ongoing Covid-19 crisis and geopolitical tensions, foreign direct investment (FDI) inflows to Cambodia remain stable, attracting $3.6 billion last year, a senior official said on Friday. ...

Prak Chan Thul
https://kiripost.com/stories/stimulating-fdi-to-strengthen-cambodias-economy

ASEAN economic ministers ‘optimistic’

Geopolitical tensions could disrupt international trade and supply chain links, blocking efficiency gains derived from globalisation, ASEAN economic ministers (AEM) said at their 55th regional meeting. ...

Ry Sochan
https://www.phnompenhpost.com/national/asean-economic-ministers-optimistic

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