Cambodia churns out 4.85 tonnes of dore bars
Cambodia’s four official gold producers have pumped out more than 4.8 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold pour took place in June 2021, according ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-churns-out-485-tonnes-dore-bars
Cambodia’s export surges 18% to $20 billion
Cambodia exported $20,457 million worth of goods in the January-November period of this year, an increase of almost 18.1 percent compared to the same period in 2021, according to a report from the General Department of Customs and Excise report yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501201379/cambodias-export-surges-18-to-20-billion/
Cambodia remittances to reach $2.7 billion this year
Remittances from Cambodian migrant workers have continued to rise, totalling $2,630 million in 2021, an increase of 11.4 percent compared to 2018, figures from the Ministry of Labor and Vocational Training showed yesterday. The remittances are set to increase this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501167410/cambodia-remittances-to-reach-2-7-billion-this-year/
Sihanoukville port’s earnings fall 2.75%
According to a report issued by Sihanoukville Autonomous Port, it earned more than 85,117 million riels, equivalent to roughly $65 million, in the first nine months of 2022, marking a 2.75 percent decrease from the same period in 2021. ...
Mao Sreypich
https://kiripost.com/stories/sihanoukville-ports-earnings-fall-275
New GDP prediction is not optimistic
The Asian Development Bank (ADB) has predicted that the real economic growth of Cambodia will reach 2.3 percent this year and will be around 5.7 percent in 2021, according to the newly released report on ADB’s flagship annual economic publication titled, Asian Development Outlook 2020. ...
Sok Chan
https://www.khmertimeskh.com/50709859/new-gdp-prediction-is-not-optimistic/
Japanese firms in Cambodia biomass and solar power venture
According to Japan’s The Mainichi News, the company, a renewable energy producer Aura Green Energy Co. has teamed up with another Japanese partner to launch a hybrid power generation business in 2021, with the aim of securing the country’s power supply stability. ...
Khmer Times Staff
https://www.khmertimeskh.com/50717991/japanese-firms-in-cambodia-biomass-and-solar-power-venture/
Phase 4 pipeline installation ready for flood protection
The underground installation of the interceptor pipeline system has been completed for the Phnom Penh Flood Protection and Drainage Improvement Project Phase 4. Meanwhile, the rest of the construction is on track and expected to be fully complete by 2021, according to Japan International Cooperation ...
Jason Boken
https://www.khmertimeskh.com/50763050/phase-4-pipeline-installation-ready-for-flood-protection/
$350M Koh Kong airport on track
Pre-commissioning work on the $350 million Dara Sakor International Airport in Koh Kong province remains on schedule, with flight operations planned to start in mid-2021, State Secretariat of Civil Aviation (SSCA) spokesman Sin Chansereyvutha told The Post on March 15. ...
May Kunmakara
https://www.phnompenhpost.com/business/350m-koh-kong-airport-track
Cambodia maintains export growth to South Korea
Cambodia exported $99.07 million worth of merchandise to South Korea in the first quarter of 2021, marking a marginal increase of more than five per cent from $93.85 in January-March of last year despite the ongoing Covid-19 pandemic, according to data from the Korea International ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-maintains-export-growth-south-korea
Toul Sangke Market shuttered from last night due to COVID-19
Authorities have decided to lock down Samhan Market, also known as Toul Sangke Market, Sangkat Toul Sangke I, Khan Russey Keo, Phnom Penh on the night of April 18, 2021, after the authorities cooperated with a team of health officials to find people with Covid-19 ...
Khmer Times Staff
https://www.khmertimeskh.com/50841010/toul-sangke-market-shuttered-from-last-night-due-to-covid-19/
Peppercorn exports soar over 558% in January-July
Cambodia exported more than 22,580.68 tonnes of peppercorn – both geographical indication- (GI) branded Kampot pepper and non-GI cultivars – in the first seven months of 2021, up 558.19 per cent year-on-year, with Vietnam as the top buyer, according to the Ministry of Agriculture, Forestry ...
Thou Vireak
https://www.phnompenhpost.com/business/peppercorn-exports-soar-over-558-january-july
ANA keeps Angkor Park green with tree planting
In the 17-year period from 2004 to 2021, the Apsara National Authority (ANA) – a body tasked with managing the Angkor Archaeology Park – planted more than two million trees in the Angkor area in order to enhance environmental beauty and attract more domestic and ...
Nov Sivutha
https://www.phnompenhpost.com/national/ana-keeps-angkor-park-green-tree-planting
ANA keeps Angkor Park green with tree planting
In the 17-year period from 2004 to 2021, the Apsara National Authority (ANA) – a body tasked with managing the Angkor Archaeology Park – planted more than two million trees in the Angkor area in order to enhance environmental beauty and attract more domestic and ...
Nov Sivutha
https://www.phnompenhpost.com/national/ana-keeps-angkor-park-green-tree-planting
Council for the Development of Cambodia approves 211 Japanese investment projects
The Council for the Development of Cambodia (CDC) has approved 211 Japanese investment projects worth about $3.14 billion to invest in Cambodia as of July 2021, according to a CDC’s press release. ...
Hin Pisei
https://www.postkhmer.com/business/2021-09-01-1042-222828.html
Puthea: NEC welcomes observers for Cambodia’s free, fair elections
The National Election Committee (NEC) is in the process of updating and verifying the 2021 voter registration list in preparation for the 5th mandate commune council elections scheduled for June 5, 2022. ...
Nov Sivutha
https://www.phnompenhpost.com/national/puthea-nec-welcomes-observers-cambodias-free-fair-elections
Thailand trade prevails despite barriers
Bilateral trade between Cambodia and Thailand reached $5.97 billion in the first nine months of 2021, surging by 18 per cent year-on-year from $5.08 billion despite disruptions caused by the community spread of Covid-19 in the two ASEAN nations, according to a report from the ...
May Kunmakara
https://www.phnompenhpost.com/business/thailand-trade-prevails-despite-barriers
South Korea trade dips 10.6% to $792M
Bilateral trade between Cambodia and South Korea in the first 10 months of 2021 was worth $791.59 million, down by 10.6 per cent from $885.32 million in the same period in 2020, as the prolonged Covid-19 community transmission continues to take its toll. ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korea-trade-dips-106-792m
Cambodia is studying to reduce the tax rate for electric cars by 50% to encourage people to use
In an interview with CNBC on the current plans, connections and future of transportation in Cambodia on November 12, 2021, Sun Chanthol, Minister of Public Works and Transport, said that the launch of Electric vehicles (EVs) are in the early stages of development in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50970057/cambodia-is-studying-to-reduce-the-tax-rate-for-electric-cars-by-50-to-encourage-people-to-use/
Banking and financial institutions disbursed $44.9 billion in loans, an increase of 23 percent
The National Bank of Cambodia (NBC) said that at the end of the third quarter of 2021, banking and financial institutions provided loans totaling 185.1 trillion riels or about $44.9 billion to agriculture, construction, manufacturing, services, wholesale and retail trade and household units. This accounted ...
Khmer Times Staff
https://www.khmertimeskh.com/50992206/banking-and-financial-institutions-disbursed-44-9-billion-in-loans-an-increase-of-23-percent/
South Korea trade nearly $870M in Jan-Nov
Bilateral trade between Cambodia and South Korea reached $869.735 million in the first 11 months of 2021, an 8.805 per cent surge from $799.354 million in the same period last year, according to data from the Korea International Trade Association (Kita) posted at the weekend. ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korea-trade-nearly-870m-jan-nov