IMF says Cambodia’s inflation to be stable at 2.3 percent in 2024
Cambodia’s inflation will remain stable this year at 2.3 percent, marginally up from 2.1 percent for 2023, generally in line with other parts of Asia and the Pacific, said the IMF Regional Economic Outlook April 2024. ...
Manoj Mathew
https://www.khmertimeskh.com/501483848/imf-says-cambodias-inflation-to-be-stable-at-2-3-percent-in-2024/
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/
Non-garment sectors predicted to remain healthy next year
The Kingdom’s non-garment industry is predicted to remain healthy next year, supported by the agriculture and services sector, according to the government’s national strategic budget plan 2021-2023. ...
Sorn Sarath
https://www.khmertimeskh.com/50734782/non-garment-sectors-predicted-to-remain-healthy-next-year/
International arrivals projected to double this year
A senior official from the State Secretariat of Civil Aviation (SSCA) said that although January has seen no significant growth, he expects 2023 to see arrivals to the Kingdom double. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/international-arrivals-projected-double-year
Economy to stay healthy this year, says MEF
The Ministry of Economy and Finance’s review report on budget implementation in the first half of 2023 projected Cambodian economic growth at 5.6 percent this year amidst external factors that affected global growth. ...
Chea Vanyuth
https://www.khmertimeskh.com/501340003/economy-to-stay-healthy-this-year-says-mef/
12 provinces to be mine-free next year, the rest by 2025
Five of Cambodia’s 25 provinces will soon be declared mine-free under the Samdech Techo Project for Mine Action (STP-MA) initiated by Prime Minster Hun Sen, and by the end of 2023, 12 provinces will be free of landmines and other explosive remnants of war (ERW). ...
Chhun Sunly
https://www.khmertimeskh.com/501124330/12-provinces-to-be-mine-free-next-year-the-rest-by-2025/
Draft budget proposal earmarks $8.85 billion for next year
The government plans to spend a total of $8.85 billion in the next financial year, according to a draft budget proposal for the year 2023 submitted by the Ministry of Economy and Finance. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501190982/draft-budget-proposal-earmarks-8-85-billion-for-next-year/
Cambodia’s imports of oil, gas, coal surge 7.8 percent in Q1
Cambodia’s imports of oil, gas and coal rose by 7.8 percent in the first quarter of 2023, said a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501271456/cambodias-imports-of-oil-gas-coal-surge-7-8-percent-in-q1/
838kg of drugs seized, over 7,000 suspects detained in first 6 months
From January to mid-June 2023, authorities have cracked down on 3,143 drug-related crimes and arrested more than 7,480 suspects for prosecution. ...
Hang Punreay
https://www.khmertimeskh.com/501321909/838kg-of-drugs-seized-over-7000-suspects-detained-in-first-6-months/
Government collectS more than $2 billion in taxes in H1
According to the online revenue management system of the General Department of Taxation, in the first half of 2023, taxes collected totalled 8,393.17 billion riels or approximately $2.072 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501324387/government-collects-more-than-2-billion-in-taxes-in-h1/
Rain, thunder and high winds forecast for Cambodia
The Ministry of Water Resources and Meteorology (MOWRAM) has warned the public of possible natural disasters, especially strong winds and high waves at coastal areas between July 19-25, 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501326691/ministry-calls-for-vigilance-of-possible-natural-disasters/
$1.1B spent on the vulnerable from 2020-23
During a period spanning more than three years, from June 25, 2020, to July 24, 2023, the government has devoted over $1.1 billion to support vulnerable households. ...
Chea Sokny
https://www.phnompenhpost.com/national/11b-spent-vulnerable-2020-23
Siem Reap Angkor International Airport to officially open on Oct. 16, confirms SSCA
Newly-constructed Siem Reap Angkor International Airport is scheduled to put into official use on Oct. 16, 2023 onwards to welcome more local and international tourists to the Kingdom of Cambodia, especially to Siem Reap cultural province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501332467/siem-reap-angkor-international-airport-to-officially-open-on-oct-16-confirms-ssca/
Cambodian PM to participate in Fourth MLC Leaders’ Meeting via Video conference on Monday
Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, will participate in the Fourth Mekong-Lancang Cooperation (MLC) Leaders’ Meeting to be held via videoconference on Dec. 25, 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501412417/cambodian-pm-to-participate-in-fourth-mlc-leaders-meeting-via-video-conference-on-monday/
More than 7.5M vehicles officially certified
A total of 652,163 vehicles registered with the Ministry of Public Works and Transport (MPWT) in 2023, with a total of 7,563,395 certified transportation recorded since 1990. ...
Yatt Malai
https://kiripost.com/stories/more-than-75m-vehicles-officially-certified
Cambodia welcomes 547,798 Chinese tourists last year, up 412.5 percent
Cambodia received 547,798 Chinese visitors in 2023, up 412.5 percent from only 106,875 in a year earlier, said a Ministry of Tourism’s report released on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501426047/cambodia-welcomes-547798-chinese-tourists-last-year-up-412-5-percent/
Cambodia forecasts 4.6 million air passengers in 2023 after China’s reopening
Cambodia is expected to attract 4.6 million air passengers in 2023 after China’s optimization of its pandemic control policies on January 8, a spokesman said on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501219669/cambodia-forecasts-4-6-million-air-passengers-in-2023-after-chinas-reopening/
Cambodia’s export to RCEP countries up 16 pct in first 4 months of 2023
Cambodia’s total export to the Regional Comprehensive Economic Partnership (RCEP) member countries amounted to $ 2.89 billion in the first four months of 2023, up 16 percent from $ 2.49 over the same period last year, the Ministry of Commerce’s latest report showed on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501290532/cambodias-export-to-rcep-countries-up-16-pct-in-first-4-months-of-2023/
Cambodia charts 1.8b digital payments, valued at $492b in 2023
Some 1.8 billion Khmer riel and US dollar digital transactions valued at $492 billion were recorded in 2023, which rose over 600 million from 1.1 billion transactions in 2022, the National Bank of Cambodia (NBC) said on March 29. This significant increase, an economist opined, ...
Meas Molika
https://kiripost.com/stories/cambodia-charts-18b-digital-payments-valued-at-492b-in-2023
Charting the next seven years of environmental policy
Work began yesterday on Cambodia’s first national environmental plan in more than a decade. Once completed, the National Environmental Strategy and Action Plan (NESAP) will form the backbone of Cambodia’s environmental policy until 2023. The far-reaching plan – which is expected to be put into ...
Jonathan Cox
http://www.khmertimeskh.com/news/17414/charting-the-next-seven-years-of-environmental-policy/
