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Cambodia makes $1.2 bln from exports of raw cashew nuts, rubber in 10 months

Cambodia earned a total of $1.2 billion from the exports of raw cashew nuts and dry rubber during the first 10 months of 2023, according to official reports on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501399578/cambodia-makes-1-2-bln-from-exports-of-raw-cashew-nuts-rubber-in-10-months/

Ministry releases details of successful crackdown on telecom and online fraud

Public security organs across China solved 391,000 cases of telecom or online fraud in the first 11 months of last year and captured numerous suspects, the Ministry of Public Security said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501418610/ministry-releases-details-of-successful-crackdown-on-telecom-and-online-fraud/

Human rights watch: Cambodian government’s claims of democracy do not reflect reality

Cambodia’s 2023 election year was marked by attacks against government critics and independent media, according to a 2024 global Human Rights Watch (HRW) report published Thursday. ...

Khuon Narim and Leila Goldstein
https://cambojanews.com/human-rights-watch-cambodian-governments-claims-of-democracy-do-not-reflect-reality/

Woori Bank: 30 years of ‘rapid expansion’

Woori Bank, one of South Korea’s leading commercial banks, is set to inject an additional $100 million into its Cambodian operations next year. This “strategic” move is in response to a notable increase in loan demand, aimed at stimulating business activities that slowed during the ...

May Kunmakara
https://www.phnompenhpost.com/business/woori-bank-30-years-rapid-expansion

Cambodia seeks more investment from Europe

Even though Cambodia has attracted more European investors, the number of their investment projects in the country is still small, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501455006/cambodia-seeks-more-investment-from-europe/

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

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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/

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/

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