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
Economy may expand 5.6% in 2022: minister
Minister of Economy and Finance Aun Pornmoniroth has pegged Cambodia’s economic growth at 5.6 per cent for 2022, reflecting national progress towards herd immunity against Covid-19, underpinned by vaccination rates that rank among the best globally and that have motivated the government to allow the ...
May Kunmakara
https://www.phnompenhpost.com/business/economy-may-expand-56-2022-minister
Cambodia’s economy to grow 5.1% in 2022
Cambodian economy will grow at 5.1 percent this year and 6.2 percent in 2023, according to the Ministry of Economy and Finance. ...
Sok Sithika
https://www.khmertimeskh.com/501077937/cambodias-economy-to-grow-5-1-in-2022/
Monk's community forestry concerned about further loss of forests after nearly 5,000 hectares of forest land
The community has expressed concern that if nearly 5,000 hectares of the Rattanak Rukha community forest, part of the Monk’s community forestry, is cut off to the citizens, it will result in the loss of forests and wildlife habitats of all kinds live in this ...
Meng Kroypunlok
https://www.vodkhmer.news/2023/01/10/govt-plans-to-cut-nearly-5000-hectares-of-forest-from-rukhavorn-community-forest/
Construction sector totaled $5.3b in 2021
Construction investment in Cambodia totaled $5.3 billion in 2021, mainly from China, South Korea, and Japan, according to the Ministry of Land Management, Urban Planning and Construction. The ministry also revealed a total of 4,303 construction projects were approved by the government in 2021. ...
Seng Mengheng
https://kiripost.com/stories/construction-sector-totaled-53b-in-2021
$1.5b real estate project launches in Phnom Penh
Hong Kong-based Sunwah Group has launched a $1.5 billion real estate project in Phnom Penh, saying it will represent a new symbol of Cambodia’s high-quality life. ...
Penh Chamroeun
https://kiripost.com/stories/15b-real-estate-project-launches-in-phnom-penh
PM predicts 5.6% economic growth
While meeting with nearly 20,000 garment workers from 12 factories in Tram Kak district, Takeo province on June 11, Hun Sen said that Cambodia’s economy grew exponentially in the two decades that preceded the Covid-19 pandemic. ...
Van Socheata
https://www.phnompenhpost.com/national/pm-predicts-56-economic-growth
Japan-Cambodia National Road 5 renovation project locked in
The Japanese and Cambodian governments have inked a financial cooperation agreement for the renovation of National Road 5 spanning 366 kilometres from Kandal province’s Prek Kdam area to Banteay Meanchey province’s Poipet city. ...
Pech Sotheary
https://www.khmertimeskh.com/50705611/japan-cambodia-national-road-5-renovation-project-locked-in/
Angkor Wat records a 99.5 percent drop in monthly revenue
Revenue at Cambodia’s Angkor Archaeological Park has seen a staggering decline in revenue from April ticket sales, as extreme travel restrictions due to the COVID-19 pandemic decimated the Kingdom’s most famous attraction. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50719371/angkor-wat-records-a-99-5-percent-drop-in-monthly-revenue/
A $ 2.3 million cardboard factory project brings January 2021 investments to $24.5 million
The Council for the Development of Cambodia (CDC) has approved a $2.3 million cardboard factory project to be built in Khan Kambol of Phnom Penh. The CDC shared the update in a press release yesterday, adding that the project will create 214 jobs for the ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50806645/a-2-3-million-cardboard-factory-project-brings-january-2021-investments-to-24-5-million/
Cambodia’s economy forecast to grow over 5 pct in 2022
Cambodia’s economy is expected to grow over 5 percent in 2022 after the southeast Asian nation has fully reopened since November, buoyed by its high vaccination rates, Prime Minister Hun Sen said here on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501015969/cambodias-economy-forecast-to-grow-over-5-pct-in-2022/
Cambodia’s famed Angkor sees more than 45,000 international tourists in first 5 months
Cambodia’s famed Angkor Archaeological Park had attracted 45,779 foreign tourists in the first five months of 2022, up 859 percent compared to the same period last year, said a press statement on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501090252/cambodias-famed-angkor-sees-more-than-45000-international-tourists-in-first-5-months/
Angkor Archaeological Park earned $11.5 million last year
Indicating a renewed interest in travelling, the famous UNESCO World Heritage Centre Angkor Archaeological Park, attracted 287,454 foreign tourists in 2022 and earned $11.5 million last year, the state-owned Angkor Enterprise said in a statement. ...
Adur Pradeep
https://www.khmertimeskh.com/501215023/angkor-archaeological-park-earned-11-5-million-last-year/
World Vision Cambodia aid over 4.5M vulnerable people
World Vision Cambodia (WVC) has extended a helping hand to more than 4.5 million vulnerable individuals, with a major focus on the country’s youth. In light of these achievements, the organisation has announced a strategic five-year plan to ensure sustainable wellbeing for an additional five ...
Long Kimmarita
https://www.phnompenhpost.com/national/world-vision-cambodia-aid-over-45m-vulnerable-people
Ministry sees 4.5M tourists in 2023
Cambodia received more than 2.16 million international visitors during the first five months of the year, representing 75 per cent of numbers recorded in the same period of the pre-pandemic year of 2019. Minister of Tourism Thong Khon said the ministry hopes to see the ...
Van Socheata
https://www.phnompenhpost.com/business/ministry-sees-45m-tourists-2023
Ministry, UNICEF launch 5 year inclusive education plan
The Ministry of Education, Youth, and Sport (MoEYS), with support from UNICEF, officially launched the “Inclusive Education Action Plan 2024–2028” last Friday. ...
Taing Rinith
https://www.khmertimeskh.com/501516368/ministry-unicef-launch-5-year-inclusive-education-plan/