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International tourists to Cambodia shoot up 211%

Cambodia welcomed 3.92 million international tourist arrivals during the first nine months of 2023, surging 211% year on year, the country’s Ministry of Tourism said on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501387581/international-tourists-to-cambodia-shoot-up-211/

Key features of Cambodia’s new Law on Taxation

The new Law on Taxation was promulgated on 16 May 2023 by virtue of Royal Kram No. NS/RKM/0523/004 (“Law on Taxation”) on an urgent basis and therefore has come into force from 17 May 2023​​. The Law on Taxation abrogates the old law on taxation ...

Khmer Times Staff
https://www.khmertimeskh.com/501296712/key-features-of-cambodias-new-law-on-taxation/

Remarks by Dr. Aun Porn Moniroth, Deputy Prime Minister, Minister of Economy and Finance and chairman of the public financial management reform steering committee, speaking at the closing ceremony of the 4th Phase (2023-2027) implementation: "Performance Accountability" of the public financial management reform program

On 20 March 2023, the Ministry of Economy and Finance has posted a remark by Dr. Aun Porn Moniroth, Deputy Prime Minister, Minister of Economy and Finance and chairman of the public financial management reform steering committee, speaking at the closing ceremony of the 4th ...

Ministry of Economy and Finance

Press release on Deputy Prime Minister PRAK Sokhonn to attend the 56th ASEAN Foreign Ministers’ Meeting and related meetings in Indonesia

On 07 July 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release on Deputy Prime Minister PRAK Sokhonn to attend the 56th ASEAN Foreign Ministers’ Meeting and related meetings, themed “ASEAN Matters: Epicentrum of Growth,” to be held from 11th to ...

Ministry of Foreign Affairs and International Cooperation

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World Bank forecasts Cambodia’s economic growth to reach 4.5 percent in 2022 and 5.5 percent in 2023.

A World Bank released on January 12, 2022, said that  Cambodia’s economic growth this year is expected to reach 4.5 percent this year and is  projected to grow further to 5.5 percent in 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501006196/world-bank-forecasts-cambodias-economic-growth-to-reach-4-5-percent-in-2022-and-5-5-percent-in-2023/

National Primary School Games 2023 attracts over 2,000 athletes

A total of 2,600 sports delegates, team leaders, and coaches from across Cambodia have been joining the National Primary School Games 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501342960/national-primary-school-games-2023-attracts-over-2000-athletes

IMF sees Cambodia as ASEAN’s fastest growing economy in 2023 and 2024

Cambodia’s economy is projected to expand 5.6 percent this year and 6.1 percent next year, up from 5.2 percent last year, the International Monetary Fund (IMF) said Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374620/imf-sees-cambodia-as-aseans-fastest-growing-economy-in-2023-and-2024/

NBC Governor joins Vaduz Roundtable Forum on “Financial System 2023”

Governor of the National Bank of Cambodia (NBC) Dr. Chea Serey participated in the Vaduz Roundtable Forum on “Financial System 2023” in Vaduz, Liechtenstein, late last week, to share NBC’s experience in financial system improvement. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362734/nbc-governor-joins-vaduz-roundtable-forum-on-financial-system-2023/

2023 is a pivotal year for Cambodia to attract more foreign tourists

Cambodia views 2023 as a pivotal year for attracting more foreign tourists. After the devastating impacts of the Covid-19 outbreak, the year should considerably assist Cambodia in overcoming the crisis that has enveloped the tourism sector, which is regarded one of the four pillars on ...

Khmer Times Staff
https://www.khmertimeskh.com/501254657/2023-is-a-pivotal-year-for-cambodia-to-attract-more-foreign-tourists/

Cambodia attracts $1.1 bln fixed-asset investment in H1 of 2023

Cambodia attracted 113 fixed-asset investment projects worth $1.1 billion in the first half of 2023, creating some 122,000 new jobs, said a Council for the Development of Cambodia’s report on Tuesday.   ...

Khmer Times Staff
https://www.khmertimeskh.com/501322866/cambodia-attracts-1-1-bln-fixed-asset-investment-in-h1-of-2023/

Cambodia exported 656,000 tonnes of cashew, earning $837 million in revenue in 2023

Cambodia exported $837 million worth of raw cashew nuts in 2023, a year-on-year decrease of 16.9 percent, according to the Cashew Nut Association of Cambodia’s report on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501420104/cambodia-exported-656000-tonnes-of-cashew-earning-837-million-in-revenue-in-2023/

Data visualization training in journalism

On 11 September 2023, Open Development Cambodia (ODC) conducted an enriching training session titled “Data visualization in journalism,” attended by a group of 14 journalists (2 females) from various locations such as Phnom Penh, Kratie, Siem Reap, Battambang, Stung Treng, and Mondulkiri.With our “Data visualization ...

About 60,000 Cambodians have gained employment in the first eight months of 2023

According to a recent report issued by the Cambodian Ministry of Labor and Vocational Training 1,188 new enterprises have begun their operation in Cambodia, employing nearly 60,000 people. ...

Khmer Times Staff
https://www.khmertimeskh.com/501373979/about-60000-cambodians-have-gained-employment-in-the-first-eight-months-of-2023/

CPP welcomes 2,000 new members ahead of 2023 nat’l election

A Cambodian People’s Party (CPP) official said at least 2,000 people from Candlelight (CP), currently the country’s second-largest party, have joined the ruling CPP, just days after the latter was warned of supposed links to former opposition leader Sam Rainsy. ...

Ry Sochan
https://www.phnompenhpost.com/national/cpp-welcomes-2000-new-members-ahead-2023-natl-election

Hun Sen instructs ministries and authorities to complete land registration for citizens by 2023

Prime Minister Hun Sen instructs relevant ministries and authorities to accelerate land registration for citizens to solve land issues and implement the task of clearing land in the Tonle Sap Lake area for the people to be ready by 2023. ...

Pich Sotheary and Khan Leakhena
https://www.vodkhmer.news/2022/12/28/hun-sen-instructs-authorities-to-complete-land-registration-for-citizens-by-2023/

Cambodia and Vietnam’s GDP growth forecast to rank second in ASEAN in 2023

Vietnam’s GDP is projected to grow 5.8 percent this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF). ...

Khmer Times Staff
https://www.khmertimeskh.com/501276403/cambodia-and-vietnams-gdp-growth-forecast-to-rank-second-in-asean-in-2023/

MFI outstanding loans stood at $5.13 billion in 2023 Q3

Total outstanding loans in the microfinance sector stood at $5.13 billion during the end of the third quarter of the last year, according to the latest data published by the Cambodia Microfinance Association (CMA). ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501422993/mfi-outstanding-loans-stood-at-5-13-billion-in-2023-q3/

Cambodia’s trade declines 1.9% to $46.82 billion in 2023

Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...

Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/

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