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/
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/
Kingdom, Korea ink 6 agreements
Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea yesterday witnessed the signing of four Memoranda of Understanding (MoUs) and two other agreements aimed at expanding multifaceted cooperation in financial development, investment flow, intellectual property, drug management, vocational training and ...
Nhean Chamrong
https://www.khmertimeskh.com/501489818/kingdom-korea-ink-6-agreements/
Ministry, NBC respond to tragic boat accident with safety measures, life jackets
Even though no one has been brought to justice, authorities have provided life jackets to four boat operators and are studying the construction of a bridge across the Stung Sen River at the site where a boat sank, killing one of 15 students on board, ...
Phak Seangly
https://www.phnompenhpost.com/national/ministry-nbc-respond-to-tragic-boat-accident-with-safety-measures-life-jackets
CCC asks Singaporean investors to invest in Cambodia
President of Cambodia Chamber of Commerce, Kith Meng, called on Singaporean investors to invest in some other untapped potential areas to further build a strong economic tie between the two ASEAN nations. ...
Mom Kunthea
https://www.khmertimeskh.com/501509735/ccc-asks-singaporean-investors-to-invest-in-cambodia/
Import of petrol, diesel up 23 percent to $1 billion
Cambodia’s imports of petroleum and diesel were up 23 percent to $1.06 billion in the first five months this year, according to a report from the General Department of Customs and Excise (GDCE). ...
Chea Vanyuth
https://www.khmertimeskh.com/501509730/import-of-petrol-diesel-up-23-percent-to-1-billion/
Cambodian PM commits to further promoting economic diplomacy
The Royal Government of Cambodia will continue to strengthen and pay high attention to economic diplomacy, affirmed Prime Minister Hun Manet. ...
Khmer Times Staff
https://www.khmertimeskh.com/501486080/cambodian-pm-commits-to-further-promoting-economic-diplomacy/
Cambodia’s RCEP trade up 14%
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries rose by 13.98 percent to $11.19 billion, a report from the Ministry of Commerce said. ...
Chea Vanyuth
https://www.khmertimeskh.com/501489816/cambodias-rcep-trade-up-14/