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Sluggish industry growth affects Cambodia’s economic outlook as improved tourism recovery expected to boost Cambodian exports

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

Khmer Times Staff
https://www.khmertimeskh.com/501363717/sluggish-industry-growth-affects-cambodias-economic-outlook-as-improved-tourism-recovery-expected-to-boost-cambodian-exports/

PM marks Westerdam 3 year anniversary

Prime Minister Hun Sen said February 13 marked three years since Cambodia was lauded as a “small country with a big heart” for its humanitarian action in allowing the cruise ship MS Westerdam to dock during the early days of the Covid-19 outbreak. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/pm-marks-westerdam-3-year-anniversary

Manet calls for boost to healthcare services

Hun Manet, a future prime ministerial candidate for the ruling Cambodian People’s Party (CPP), said that strengthening the capacity of the healthcare system is necessary, but that the public also have a duty to prevent disease. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/manet-calls-boost-healthcare-services

ADB urges green investment ramp up

Although a multitude of risks grey Cambodia’s outlook this year, gross domestic product (GDP) growth is forecast a tad higher at 5.5 percent from an estimated 5.2 percent in 2022, according to the Asian Development Bank (ADB) earlier this month. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-adb-urges-green-investment-ramp-up

Hun Sen urges upgrade to “comprehensive” Cambodia-Korea partnership

Senate president Hun Sen has requested South Korean president Yoon Suk-Yeol to consider upgrading Cambodia-Korea relations to a “comprehensive strategic partnership” within the next three years, as the two countries prepare to celebrate their 30th anniversary of diplomatic relations. ...

Ry Sochan
https://www.phnompenhpost.com/politics/hun-sen-urges-upgrade-to-comprehensive-cambodia-korea-partnership

Gold sees price surge amid global uncertainty, becomes “safe asset”

Over the past two to three years, the price of gold on the international market has steadily risen, driving up prices in Cambodia, even as the country exports refined gold to global markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/gold-sees-price-surge-amid-global-uncertainty-becomes-safe-asset-

Government kicks off pension scheme for private sector

The government has launched a social security pension fund aimed at providing retirement benefits to private sector employees, in a move applauded by civil society groups and workers. ...

Khuon Narim
https://cambojanews.com/government-kicks-off-pension-scheme-for-private-sector/

NagaCorp casino 2016 profits show modest growth

Cambodian casino operator NagaCorp Ltd posted a net profit of $184.2 million last year, a 7 percent increase over the previous year, with growth largely tempered by a lacklustre surge in business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh.While ...

Kali Kotoski
http://www.phnompenhpost.com/business/nagacorp-casino-2016-profits-show-modest-growth

Firm asked to pay fine for illegally mining in K Speu

Kampong Speu provincial authorities will once again allow Sok Chanly Co Ltd to mine marble in Oral district’s Trapaing Chor commune if the company pays a fine of 50 million riel ($12,500) after the authorities earlier detained five individuals who were caught mining without a ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/firm-asked-pay-fine-illegally-mining-k-speu

Government contract officials to get $5 raise in wages next month

The government has issued a sub-decree to increase the monthly salary of government contract officials from $162.5 to $167.5 starting next month. The sub-decree, signed by Prime Minister Hun Sen on December 4, said the government has decided to increase the salary by $5 for the ...

Khy Sovuthy
https://www.khmertimeskh.com/667608/government-contract-officials-to-get-5-raise-in-wages-next-month/

Mysterious bones stoke conspiracy

A package containing charred human remains was delivered to the Cambodia National Rescue Party office in Phnom Penh yesterday morning. Despite a seeming complete absence of hard evidence, some are convinced the remains – found on Saturday at a mountain in Kampong Speu – belong to ...

Meas Sokchea
http://www.phnompenhpost.com/national/mysterious-bones-stoke-conspiracy

PM encourages malaria response amid pandemic

Prime Minister Hun Sen appealed for the continued efforts to eliminate malaria in the Kingdom despite the ongoing COVID-19 pandemic. The call was made in a statement issued yesterday ahead of the World Malaria Day on April 25. ...

Sen David
https://www.khmertimeskh.com/50713137/pm-encourages-malaria-response-amid-pandemic/

Bird flu outbreak kills 1,300 chickens

An outbreak of avian influenza (bird flu) in Battambang province’s Ek Phnom district has killed around 1,300 chickens from one location, officials said. ...

Buth Sela
https://www.khmertimeskh.com/50803077/bird-flu-outbreak-kills-1300-chickens/

Milled-rice exports surge 43% in Jul-Sept

Cambodia exported 130,248 tonnes of milled rice in July-September valued at more than $81 million, representing a 42.95-per-cent rise in volume from the 91,115 tonnes posted in the same period last year, the Cambodia Rice Federation (CRF) reported earlier this week. ...

Hin Pisei
https://www.phnompenhpost.com/business/milled-rice-exports-surge-43-jul-sept

Envoy enlisted in South Korea tourist push

South Korean ambassador to Cambodia Park Heung-kyeong has joined in the pursuit to encourage residents of the East Asian country who are fully vaccinated against the novel coronavirus to choose the Kingdom as their next holiday getaway, after tourism revival plans kick off in end-November. ...

Hin Pisei
https://www.phnompenhpost.com/business/envoy-enlisted-south-korea-tourist-push

Progress on 5PC may let SAC attend summit: PM

Prime Minister Hun Sen is scheduled to continue discussions with Myanmar leader General Min Aung Hlaing on January 26, with the former stating in advance that Myanmar would only be invited to send political representation to this year’s ASEAN summit if it has made progress ...

Nov Sivutha
https://www.phnompenhpost.com/national-politics/progress-5pc-may-let-sac-attend-summit-pm

Open Development Cambodia publishes a new topic page on “Pandemics”

Open Development Cambodia (ODC) publishes a new topic page on​ “Pandemics”. This bilingual new topic page gives a quick overview of Pandemics.=>Please click here to go to “Pandemics”.   ...

No peace, no democracy: Hun Sen

Prime Minister Hun Sen has reiterated that peace is Cambodia’s top priority, amid the escalation of the Russia-Ukraine conflict, as he warned ordinary Cambodians not to be complacent about the harmony which has been achieved in the Kingdom.   ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/no-peace-no-democracy-hun-sen

Turkish delegation to arrive next week

A high-level delegation from Turkiye is set to visit Phnom Penh for an official visit, aimed at strengthening ties between the two countries, particularly in the area of trade. Their arrival is expected next week, although no exact date has been specified. ...

Van Socheata
https://www.phnompenhpost.com/national/turkish-delegation-arrive-next-week

Rice export boom seen following EU court victory

A marked uptick in Indica rice exports to European markets is expected after Cambodia won a challenge against the European Commission’s (EC) 2019 decision to remove tariff preferences on imports of the rice from the Kingdom for three years, on grounds that the shipments were ...

Hin Pisei
https://www.phnompenhpost.com/business/rice-export-boom-seen-following-eu-court-victory

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