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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/

5 banana plantation workers succumb to ‘poisoning’, 69 recover

Five banana plantation workers in Kampong Cham province’s Stung Trang district died of poisoning on October 25 and 26, while a further 69 workers, who were also poisoned, have recovered. ...

Chhun Sunly
https://www.khmertimeskh.com/501178758/5-banana-plantation-workers-succumb-to-poisoning-69-recover/

More than 7.5M vehicles officially certified

A total of 652,163 vehicles registered with the Ministry of Public Works and Transport (MPWT) in 2023, with a total of 7,563,395 certified transportation recorded since 1990. ...

Yatt Malai
https://kiripost.com/stories/more-than-75m-vehicles-officially-certified

Construction investments rise to $5.4 billion

The construction sector achieved remarkable growth last year with constructed area and investment showing a positive growth. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469670/construction-investments-rise-to-5-4-billion/

Smart Axiata accounts for 1.5 per cent of GDP

Smart Axiata Co Ltd, the Kingdom’s leading mobile telecommunications operator, contributed nearly $374 million to the Cambodian economy last year, accounting for 1.5 per cent of gross domestic product (GDP), its CEO Thomas Hundt said on Wednesday. ...

Thou Vireak
https://www.phnompenhpost.com/business/smart-axiata-accounts-15-cent-gdp

$23.5 million in new investment projects licensed

The Council for Development of Cambodia (CDC) has given the green light to six new investment projects with a total investment capital of $23.5 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50712885/23-5-million-in-new-investment-projects-licensed/

Kingdom forecasts $5Bn in government revenue

The Cambodian government expects to earn tax and customs income of at least $5 billion by the end of 2021. This would bring revenue expectations in line with the $5.28 billion collected as registered in 2020. ...

Chea Vanyuth
https://www.khmertimeskh.com/50906434/kingdom-forecasts-5bn-in-government-revenue/

C-19 Vaccination of 3 to 5 year old children to begin tomorrow

Prime Minister Hun Sen announced that the vaccination campaign of 3 to 5 year old children against COVID-19 will begin tomorrow. ...

Khmer Times Staff
https://www.khmertimeskh.com/501029708/c-19-vaccination-of-3-to-5-year-old-children-to-begin-tomorrow/

Economic growth to increase to 5.2 percent in 2023

The World Bank has projected Cambodia’s economic growth will increase to 5.2 percent in 2023, aided by rising domestic consumption but slowed by slowing global trade growth ...

Mao Sreypich
https://kiripost.com/stories/economic-growth-to-increase-to-52-percent-in-2023

Cambodia’s forests cover 8.5 million hectares

Forest coverage in Cambodia accounts for 46.86 percent or approximately 8.5 million hectares of the country’s land area, Ministry of Environment’s report showed. ...

Khmer Times Staff
https://www.khmertimeskh.com/501142217/cambodias-forests-cover-8-5-million-hectares/

China’s CHINT to open $2.5M medium voltage factory

A global smart energy solutions firm, Chinese-owned CHINT Group Co Ltd, is leveraging the Kingdom’s energy production capacity to support the rapid demand growth for medium-voltage power equipment in the country, as well as Thailand, Laos and Myanmar. ...

May Kunmakara
https://www.phnompenhpost.com/business/chinas-chint-open-25m-medium-voltage-factory

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-trade-dips-85

Cambodia’s GDP growth likely 5.3% this year, say ADB, AMRO

Two international organisations have forecast Cambodia’s economic growth to be around 5.3 per cent this year as the economy continues to be impacted by lower than expected expansion in the industrial and agriculture sector in the first half (H1), stemming from the regional and global ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodias-gdp-growth-likely-53-year-say-adb-amro

IMF, ADB peg 2022 GDP growth at 5%

Two major multilateral lenders have forecast Cambodia’s economic growth for 2022 at around five per cent, buoyed by bumper export performance earlier in the year, coupled with ongoing policy support and continued tourism recovery, but held back by external pressures associated with Covid-19 and the ...

May Kunmakara
https://www.phnompenhpost.com/business/imf-adb-peg-2022-gdp-growth-5

New Phnom Penh Airport cost estimated at $1.5 billion

Cambodia Airports and the Overseas Investment Corp (OCIC) have shown progress in discussions on the development of a new Phnom Penh International Airport which is expected to be finished next year. ...

Chea Vannak
https://www.khmertimeskh.com/50687604/new-international-travel-hub-seeks-development-cooperation

Growth forecast falls to 6.5% as gov’t eyes more exports to US

The government downgraded its economic growth forecast for this year to 6.1 per cent from its earlier 6.5 per cent projection, Ministry of Economy and Finance undersecretary of state Phan Phalla said on Thursday. Speaking at a public forum on Macroeconomic Management and Budget Law ...

May Kunmakara
https://www.phnompenhpost.com/business/growth-forecast-falls-65-govt-eyes-more-exports-us

Over 5,500 arrested for drugs

Anti-drug police have arrested more than 5,500 suspects and seized over 300kg of drugs as evidence since January. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/over-5500-arrested-drugs

Cambodia expects to be landmine-free within 5 years

The Cambodian government will deploy 2,000 soldiers to train as deminers after Western nations, led by the United States, bolstered efforts to rid the country of landmines and other unexploded ordnance by 2025. ...

Luke Hunt
https://www.voacambodia.com/a/5635885.html

China gives $2.5M grant to CMAC

China has provided a grant of $2.5 million to support the Cambodian Mine Action Centre (CMAC) ordnance clearance operations. The funds will cover operations for the 12 months of 2022, according to CMAC director general Heng Ratana. ...

Voun Dara
https://phnompenhpost.com/national/china-gives-25m-grant-cmac

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