Koh Rong int’l airport construction begins
State authorities have confirmed that the earthworks for the first phase of construction of the Koh Rong International Eco-Tourism Airport is now underway on the island. ...
James Whitehead
https://www.khmertimeskh.com/501427850/koh-rong-intl-airport-construction-begins/
Electrical exports bolster economy in 2023, up 50%
Cambodia exported over $3.1 billion in electrical machinery, equipment and related products to the international market in 2023, an increase of more than 50% compared to 2022. The export value of these products constituted nearly 14% of the country’s total exports, as per data from ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-exports-bolster-economy-in-2023-up-50-
Renewable energy to give 70% of power in Cambodia this year
Renewable energy sources will account for nearly 70 percent of Cambodia’s electricity this year, said Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, recently. ...
Manoj Mathew
https://www.khmertimeskh.com/501429249/renewable-energy-to-give-70-of-power-in-cambodia-this-year/
Multimillion dollar investments approved in Sihanoukville
Two projects in Sihanoukville with an investment of nearly $600 million have received incentives from the Council for the Development of Cambodia and are estimated to have a positive impact on the economy of Sihanoukville. ...
Meas Molika
https://kiripost.com/stories/multimillion-dollar-investments-approved-in-sihanoukville
Cambodia’s exports surge 22.7% in first two months
Cambodia’s international trade recorded a growth of 19.2 percent in the first two months of this year compared to the same period last year and reached $8.12 billion. While exports surged 22.7 percent to reach $3.98 billion, imports grew by 16.1 percent to reach $4.13 ...
Manoj Mathew
https://www.khmertimeskh.com/501454157/cambodias-exports-surge-22-7-in-first-two-months/
MoU aims to elevate youth financial literacy
Financial literacy among Cambodia’s youth is slated to receive a boost after an agreement was signed between SOSORO Museum and the Association of Banks in Cambodia (ABC) to enhance youth’s educational awareness about their money affairs. ...
Mao Sreypich
https://kiripost.com/stories/mou-aims-to-elevate-youth-financial-literacy
CDC approves projects worth $2.2 billion in first quarter
The Council for the Development of Cambodia (CDC) approved 106 fixed assets investment and expansion projects worth $2.2 billion in the first three months of this year, a jump of 649 percent over the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501469196/cdc-approves-projects-worth-2-2-billion-in-first-quarter/
Foreign Ministry spokesperson reaffirms adherence to One-China policy
On 14 January 2024, the Ministry of Foreign Affairs and International Cooperation issued a press statement on Foreign Ministry spokesperson reaffirms adherence to One-China policy on their official website.According to the press, the spokesperson of the Ministry of Foreign Affairs and International Cooperation reiterated Cambodia’s ...
Ministry of Foreign Affairs and International Cooperation
Ten investment projects worth over $60 million registered at CDC
Council for the Development of Cambodia (CDC) has decided to issue licences to ten investment projects with a total investment capital of more than $60 million, as of Jan. 15. ...
Khmer Times Staff
https://www.khmertimeskh.com/501425808/ten-investment-projects-worth-over-60-million-registered-at-cdc/
Law to strengthen water transportation sector
A draft law on water transportation has been created to strengthen the sector and find solutions to serve national and international trade, while supporting national economic growth. ...
Chhorn Raksmey
https://kiripost.com/stories/law-to-strengthen-water-transportation-sector
Cambodia’s international trade up 16.7 pct in January
Cambodia’s foreign trade volume hit $4.05 billion in January 2024, up 16.7 percent from $3.47 billion in the same month last year, an official report showed on February 12, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501439008/cambodias-international-trade-up-16-7-pct-in-january/
Cambodia’s rubber exports rise by 123 percent
Amid the fall in global demand, Cambodia earned $121 million from the exports of rubber articles in the first month of this year, an increase of 123.5 percent compared to the same period last year, according to the latest trade data of the General Department ...
Manoj Mathew
https://www.khmertimeskh.com/501440080/cambodias-rubber-exports-rise-by-123-percent/
Cambodia’s investment policy preserves existing investments while fostering new ones; peace and stability are crucial, PM says
Prime Minister Hun Manet stated that the investment policy of the Royal Government of Cambodia is to preserve existing investments while also fostering new ones. ...
Khmer Times Staff
https://www.khmertimeskh.com/501479676/cambodias-investment-policy-preserves-existing-investments-while-fostering-new-ones-peace-and-stability-are-crucial-pm-says/
PM pledges to enhance investment climate
Prime Minister Hun Manet yesterday pledged to enhance the investment climate of Cambodia, in a bid to attract more investments to the country. ...
Chea Vanyuth
https://www.khmertimeskh.com/501479439/pm-pledges-to-enhance-investment-climate/
Business forum to scale up Cambodia-Mexico trade, investment ties
Trade and investment cooperation between Cambodia and Mexico are expected to increase after a business forum which is planned to be organized in Phnom Penh soon. ...
Chea Vanyuth
https://www.khmertimeskh.com/501481587/business-forum-to-scale-up-cambodia-mexico-trade-investment-ties/
CDC endorses 173 investment projects worth approximately $4 billion in six months
The Council for the Development of Cambodia (CDC) has approved 173 investment projects worth some $4 billion during the last six months, from September 2023 to February 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501470535/cdc-endorses-173-investment-projects-worth-approximately-4-billion-in-six-months/
Balancing income and expenses in Cambodia
The rising cost of living in Cambodia has made it difficult to balance income and expenses. Many Cambodians struggle to make ends meet, working long hours for low wages. How can people balance their income and expenses in such a challenging environment? This article explores ...
Seng Mengheng
https://kiripost.com/stories/balancing-income-and-expenses-in-cambodia
MoU to help Cambodia fast-track clean energy transition
To fast-track its initiatives for the clean energy transition with a higher share from renewable sources, the Ministry of Mines and Energy recently signed a Memorandum of Understanding (MoU) with EnergyLab Cambodia. ...
Manoj Mathew
https://www.khmertimeskh.com/501579011/mou-to-help-cambodia-fast-track-clean-energy-transition/
IFC and Association of Banks in Cambodia to boost green finance, support sustainable growth
To help address climate change impacts and foster a sustainable financial ecosystem in Cambodia, the International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space. ...
Khmer Times Staff
https://www.khmertimeskh.com/501576152/ifc-and-association-of-banks-in-cambodia-to-boost-green-finance-support-sustainable-growth/
25 more projects receive incentives in Sihanoukville
The Royal Government of Cambodia (RGC) has approved special incentives for 25 projects in Preah Sihanouk province, including 12 projects for completing unfinished buildings, 12 new projects and one expansion project, with a total investment budget of $917 million. ...
Nhean Chamrong
https://www.khmertimeskh.com/501582226/25-more-projects-receive-incentives-in-sihanoukville/