National Bank of Cambodia launches 10 policies to support Cambodia’s economic growth in 2022
The National Bank of Cambodia will introduce 10 main policies to support the sustainable economic growth and recovery in 2022. The 10-point policy will fully support the growth of the national economy, which continues to be threatened by the COVID-19 pandemic and its mutations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501007788/national-bank-of-cambodia-launches-10-policies-to-support-cambodias-economic-growth-in-2022/
25% jump in ‘newly poor’ in 10 months during Covid-19
The number of people classified as poor has gone up by 25 percent in the 10 months from June 2020 to April 2021 in Cambodia due to income decline and job losses following the spread of Covid-19, said a survey by the Asia Foundation. ...
Manoj Mathew
https://www.khmertimeskh.com/501146871/25-jump-in-newly-poor-in-10-months-during-covid-19/
Online business registration system surpasses $10 billion
The total capital of businesses enrolled through the Online Business Registration System (OBRS) via IT Platform phase I – commonly known as Single Portal – had reached almost $10 billion as of January 22, with the number of listed companies increasing to over 32,000, official ...
Hin Pisei
https://www.phnompenhpost.com/business/online-business-registration-system-surpasses-10-billion
Banks projected to grow at 10 percent in 2024
Cambodian banks might see growth of around 10 percent in 2024, said bankers. Industry insiders say that the banking growth of the past of 20 percent is no longer possible. ...
Rachel David
https://www.khmertimeskh.com/501503722/banks-projected-to-grow-at-10-percent-in-2024/
NagaCorp Ltd unveils Naga 3
NAGACORP Ltd, which owns Phnom Penh’s only licensed casino NagaWorld, announced its $4 billion Naga 3 Project on the site of the former “White Building” in Tonle Bassac commune, a 29-page document filed with the Stock Exchange of Hong Kong Limited said. The company’s announcement ...
Sorn Sarath and Hin Pisei
https://www.phnompenhpost.com/business/nagacorp-ltd-unveils-naga-3
NagaWorld sees year-on-year boost in VIP revenues
Phnom Penh casino NagaWorld has announced that gross gaming revenue (GGR) rose 48 per cent year-on-year for the first quarter of 2015, largely on the back of returns from VIP clients. Nagacorp, the Hong Kong stock exchange-listed parent of NagaWorld, said in an unaudited report released ...
Charles Rollet
http://www.phnompenhpost.com/business/nagaworld-sees-year-year-boost-vip-revenues
Firm Given Rights to All ELC Timber in Ratanakkiri
The Ministry of Agriculture has signed a deal with Try Pheap Import Export to give the firm the right to purchase all timber felled in economic land concessions (ELCs) in Ratanakkiri province, according to a letter sent from the Agriculture Ministry to the Forestry Administration ...
http://www.cambodiadaily.com/news/firm-given-rights-to-all-elc-timber-in-ratanakkiri-22788/
Chinese demand drives construction boom in Cambodia
The value of construction projects in Cambodia rose more than 22 percent to $6.4 billion in 2017 from the previous year, according to official figures released on Tuesday that showed the impact of a boom driven by Chinese investors. The high level of Chinese investment is ...
Prak Chan Thul
https://www.reuters.com/article/cambodia-construction/chinese-demand-drives-construction-boom-in-cambodia-idUSL3N1PB2YA
Hun Manet: Sihanoukville is not Macau
Royal Cambodian Armed Forces chief of joint staff Hun Manet has said he disagrees that Preah Sihanouk province, where Chinese investment in hotels and casinos has skyrocketed, will become a second Macau. Lieutenant General Manet made the comment on Monday during a ground-breaking ceremony for the ...
Mom Sophon
http://www.khmertimeskh.com/50112151/hun-manet-sihanoukville-is-not-macau/
Rubber exports up by 10 percent in Q1
Cambodia’s rubber export has increased 10 percent in the first quarter of this year compared with the same period last year, but the price of the commodity showed a slight decrease, according to a report from Ministry of Agriculture, Forestry and Fisheries. ...
Chea Vannak
https://www.khmertimeskh.com/50714831/rubber-exports-up-by-10-percent-in-q1/
$10-million garment factory to open in Kampong Speu province
On the day the EU enforced tariffs on some of Cambodia’s exports, the Council for Development of Cambodia announced yet another new investment in the garment sector. ...
Khmer Times Staff
https://www.khmertimeskh.com/50754548/10-million-garment-factory-to-open-in-kampong-speu-province/
South Korea to give $10m for demining activities
The South Korean government will provide $10 million for the Kingdom’s landmine clearing activities from 2021 to 2025. ...
Sen David
https://www.khmertimeskh.com/50750371/south-korea-to-give-10m-for-demining-activities/
Cambodia’s “model citizen” stands to win $10,000
The search is on for Cambodia’s model citizen – and the person selected will win $10,000. Over the next four months, Smart Axiata aims to find the person who has done the most for their country, neighbour, village or province. The initiative, entitled the Smart Good ...
Sok Chan
https://www.khmertimeskh.com/50794745/cambodias-model-citizen-stands-to-win-10000/
Cambodia's Covid death toll now 10
Another Covid-19 patient has died while undergoing treatment at Khmer-Soviet Friendship Hospital in Phnom Penh, the Ministry of Health announced in the early hours of March 28 after confirming the country’s ninth fatality from the disease. ...
Post Staff
https://www.phnompenhpost.com/national/cambodias-covid-death-toll-now-10
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
Single Portal records 10,536 companies in just 19 months
A total of 10,536 companies have been successfully registered as of January 12 on the government’s online business registration system, also known as the Single Portal, in the 19 months since its launch in mid-2020. ...
Hin Pisei
https://www.phnompenhpost.com/business/single-portal-records-10536-companies-just-19-months
Press release on the decision to lift the travel restriction for travelers from 10 African countries
On 08 February 2022, the Ministry of Health has posted a press release on the decision to lift the travel restriction for travelers from 10 African countries.The 10 countries include Botswana, Eswatini, Lesotho, Mozambique, Namibia, South Africa, Zimbabwe, Malawi, Angola and Zambia. Following the travel ...
Ministry of Health
France, Japan pledge 10-year support to ICC-Angkor
The governments of France and Japan – both co-chairs of the International Coordinating Committee for Safeguarding and Development of the Historic Site of Angkor (ICC-Angkor) – committed to continuing their support of conservation and sustainable development of the Angkor Archaeological Park for another 10 years. ...
Ry Sochan
https://www.phnompenhpost.com/national/france-japan-pledge-10-year-support-icc-angkor
10 parties sign anti-alcohol pledges
Ten of the 17 political parties which are contesting the June 5 commune council elections signed a joint letter on May 24, promising to curb the effects of alcohol use – and promote young women entrepreneurs – if they are elected. ...
Nov Sivutha
https://www.phnompenhpost.com/national-politics/10-parties-sign-anti-alcohol-pledges
Additional $10 million released by Royal Government for rice procurement
The Royal Government of Cambodia, through the State Bank for Rural Development and Agriculture, has announced an additional $10 million for rice procurement in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501189189/additional-10-million-released-by-royal-government-for-rice-procurement/